Monday, August 18, 2008

Monday movers: AUMN, ISON, OEGY, NEXC

Some big action on the penny stock boards today, AUMN on fire with a 266% gain to 3c, on light volume of 1.6M shares.

ISON +200%

OEGY +61% with an impressive 2.5M shares traded.

NEXC leading the field volume wise with over $1M trading hands and a 42% gain to 50c.


More discussion on the penny stocks forums at hotstockmarket.com.

Sunday, August 17, 2008

Follow penny stocks through technorati

Looking for a feed on Penny stocks or more blog posts?

Technorati Profile

Watch for stock market retreat this week

With the US dollar dues for a little pull back after the recent show of strength, the timing is right this week for some market weakness.

Oil has continues to be coupled to the markets, so some bottoming action in oil and possibe upside this week will accelerate any possible weakness in the broader markets.

AAPL saw some weakness into the close, dropping from resistance levels at $180.
LEH was initially stronger in early trading on new that Soros took a 9.5M share position, but then sold off into the later hours on Friday. There is an important $15 support level on LEH right here.