Markets Ready To Run March 2, 2015

TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

According to the US Stock futures the DOW is pointing up +35 points as of 3:46 A.M., EST with the S&P pointing up as well +3.60 points. The NASDAQ is also following the up trend, up +10.50 points. The respective indices closed at the following levels after Friday’s session: DOW – 18,132.70; S&P – 2,104.50; and the NASDAQ – 4,963.52. Indices are all near their all time highs making some investors feel euphoric while leaving others pretty uneasy about the potential fall.

In the event of a fall, APMEX is always a safe bet. Gold is showing up 4.80/oz to 1,219.90 along with Silver up as well .15 cents an ounce to 16.73. Platinum is actually slightly down .10/oz to 1,186.50 with Palladium down too -4.20/oz to 816.30.

Not getting ahead of ourselves, we’ll take a quick look at the foreign markets. In Asia, the Nikkei 225 booked a nice day up some +28.94 points to end the session at 18,826.88. The Hang Seng also chalked up some nice work adding +64.15 points to its cause ending at 24,887.44. The asian markets are showing resiliency, unwilling to flounder. In Europe, the FTSE 100 index is charging forward up +23.83 points to 6,970.49. Meanwhile the CAC 40 index is falling, down -2.95 points to 4,948.53. The DAX is feeling a nice surge up +37.51 points to 11,439.17 at the moment.

Checking in on the black gold, aka the Rude Crude, we see the disappointing levels remain for investors, but customers at the pump continue to jump for joy. 49.13/barrel is the going rate at the moment with prices down -.63 cents today or 1.27% so far. Buying and holding oil investments is said to be a wise decision at the moment.

Wise decisions are fun, but everyone loves Penny Stocks. Here’s some of the hottest Penny Stocks that SMM  is watching today! One stock that has had the attention of investors for a few sessions now and is looking for a MAJOR BREAK TO THE UPSIDE is Herborium Group, Inc. (OTCMKTS:HBRM). The stock struck .0009 and eye’d up .001 over the last couple of sessions and set a giant buy order on the bid right at the close Friday looking for some 27M shares. Watch for the price to drive higher at the open on this green goody.

DEWM is another one that really surged in Thursday’s morning session closing off with sheer strength at .004. The stock floundered on Friday’s session closing down -13.75% to .0034. The stock maintains it’s upward chart-oriented movement. Watch for this one to make some potential moves.

ERBB is a stock that has been of interest to us and many followers. The stock is flirting with sub-penny land now and continues to mark fresh 52-week lows in what seems to be almost every session. However, watch for this thing to bottom out hard and come back with a nice trend reversal sometime very soon. Keep in mind this stock had a run to .113 cents with it’s 52-week high coming in on March 25, 2014. Wonder how long till we hit a buck?

Disclosure: None

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.