penny stock hot

Any Hot Penny Stocks For Tomorrow? Or Reguar Stocks?

Im in a class stock game, and instead of my opinion, i want a proper expertise’s opinion that can help me out.
Im in a class stock game, and instead of my opinion, i want a proper expertise’s opinion that can help me out.

Great, an intelligent Lad.

Here’s the tip my friend. AVOID PENNY STOCKS.

As for “hot stocks” there are none. Most are still smoldering.

What you are asking is a highly speculative question. You are trying to figure out what will move in the direction you want in a single day. This is what professional traders do every day. It is not easy. And we are not always right.

There are all kinds of data and events than can happen between this post and before the market opens tomorrow and through the close of tomorrow. Data can be real, perceived or technical in nature. That is why stocks move up and down.

As for what is going to be “hot” tomorrow, no one really knows with certainty.

For class you might want to try this. Do nothing. Let 75% or more of your class be wrong, and say you still have a positive return.

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next day edit: (01-07-2007)
We’ll like I said yesterday, if I had said to buy (go long) on stocks yesterday, today we woke up with the market down 172 points intraday.

http://www.reuters.com/article/usMktRpt/idUSN0747682420090107

As stated, the majority of stocks would have gone negative. That is why I said that cash is sometimes a good strategy, especially when competing.

Where we end up today? Still, no one knows. I just can’t throw out a stock and “guess.” Guessing is what makes people lose money. I never make “guesses” when it comes to investing, even if it is for play.

I have been net short (betting on the fall of stocks and the economy) for the last 2 years. So going long has been rare trading events for me. If you read my post history, you’ll see that I had a high accuracy for the last 2 years on the markets, economy, banks, mortgage, auto, oil, gold, and other areas posted here on Y!A.

Here is the S&P 500 list of companies A-Z.

http://finance.yahoo.com/q/cp?s=^GSPC

Go ahead and pick one if you want to make a guess. I still prefer cash. Good Luck!

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edit 2:
01-07-2009 market close:
Dow Down 244 or 2.71%
S&P down 28 or 3%
Aren’t ya glad i didn’t say buy yesterday and hold until today’s close?

How To Pick Hot Penny Stocks (Pt.1)