Connect with us

International

3 Penny Stocks To Watch That Are Climbing During Today’s Session

Which penny stocks are you watching today?
The post 3 Penny Stocks To Watch That Are Climbing During Today’s Session appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Published

1 year ago

on

Are These Penny Stocks on Your Watchlist Right Now 

With an interesting day of trading penny stocks and blue chips here, there are a few things that all investors should know right now. Today, major Wall Street indexes began to rise in hopes of recovering some of the major losses witnessed yesterday. 

What to Watch With Penny Stocks Today 

After the Dow dropped by hundreds of points on January 18th, it seems as though there is a renewed sense of confidence for penny stocks and blue chips right now. But, to understand how to make money with penny stocks, we need to be able to take advantage of these factors and use them as a benefit. 

[Read More] 4 Penny Stocks To Buy For Under $4 Right Now

For example, today we’re seeing a rise among tech penny stocks, with the Methttps://pennystocks.com/ticker/?symbol=WIMIaverse in focus. This is something we’ve witnessed many times over the past few months, and again today. Additionally, in the past few trading sessions, we’ve seen biotech penny stocks rise in value. One of, if not the largest contributing factor to how penny stocks are trading right now is the pandemic. 

While many believe that the Omicron variant could lead to Covid becoming endemic, it may also be too soon to tell. So, consider everything wholly, and understand how this may cause certain penny stocks to gain and others to do the opposite. With that in mind, let’s take a look at three penny stocks to watch that are climbing during today’s trading session. 

3 Penny Stocks to Add to Your Watchlist Today 

  1. WiMi Hologram Cloud Inc. (NASDAQ: WIMI) 
  2. Yamana Gold Inc. (NYSE: AUY) 
  3. Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT)

WiMi Hologram Cloud Inc. (NASDAQ: WIMI) 

One of the bigger gainers of the day so far is WIMI stock, which climbed by over 18% at midday. This is a sizable uptick and one that represents a solid bullish turnaround from its 55% drop in the past year period. While there is no company-specific news that is sparking today’s gain, there is one industry-wide event that could be responsible. 

Yesterday, news dropped about Microsoft acquiring Activision Blizzard in the former’s largest acquisition to date. This sparked major positive sentiment for Metaverse stocks, which includes WIMI. So, how exactly does WiMi tie into this? Well, last month, the company announced the release of its WiMi HoloVR head-mounted display. The company states that it is the first VR device to support double-clicking see-through in China. Outside of this, WiMi, offers holographic equipment, AR/VR tools, Metaverse software, and much more. 

Right now, there is a very strong emphasis on anything relating to Metaverse tech and AR/VR. And, many investors believe that this notion will only continue to increase in the near future. So, with that in mind, do you think that WIMI stock is worth adding to your list of penny stocks to buy?

Yamana Gold Inc. (NYSE: AUY) 

Another big gainer of the day so far is AUY stock, pushing up by over 7% at midday. While this may not seem like a lot, it is quite substantial for a mining stock and a gold stock specifically. The main reason for today’s big move with AUY also has to do with larger industry momentum. After the price of gold dropped in the past few days, it has quickly rebounded, pushing many gold stocks up with it. 

[Read More] Trading Penny Stocks? Top Stock Market News For January 19th, 2022

Outside of this, only a week ago, the company announced that it would report its fourth quarter and full year 2021 financial results on Thursday, February 17th. This is great news for investors, and should be on your calendar if you’re interested in AUY stock. For some context, Yamana Gold is a pure-play Canadian-based precious metals producer with a large number of development and exploration stage properties throughout the world. 

It holds these properties in countries such as the Americas and specifically, Brazil, Chile, Argentina, and Canada. With several large plans for the company’s future, Yamana remains a favorite among a large number of investors of all types. Considering all of this, is AUY stock worth adding to your penny stocks watchlist this month or not?

Penny_Stocks_to_Watch_Yamana

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT)

With a 13% gain today, shares of BHAT stock are in focus as Metaverse stocks push up. Yesterday, the company announced that it has expanded its cooperation with JD Cloud, which is a brand under the JD Technology Group. 

“We are pleased to have received this additional vote of confidence from JD Cloud and look forward to expanding our cooperation with them as one of their core channel partners. Xunpusen intends to continue focusing on developing its core technologies and platforms.

We believe our partnerships within the industry are critical to continuing the growth trajectory of our IDC business, and we continue to explore new cooperation opportunities and ways to deepen existing relationships such as this one.” 

The CEO of Blue Hat, Mr. Xiaodong Chen

If you’re not familiar, Blue Hat operates in the communication services sector. It also offers a large range of AR focused interactive games, toys, and more in China. Despite a more than 60% drop in value in the past year, we’ve seen shares of BHAT stock present a small bullish turnaround today. So, do you think that this bullish move can continue in the next few trading days or not?

Penny_Stocks_to_Watch_Blue

Can These Penny Stocks Continue to Make Gains This Month?

If you’re making a list of the best penny stocks to buy, there are hundreds of options to choose from. Now, understanding how to trade penny stocks in 2022 can be complicated. But, with the right information by your side and a consistent understanding of how to trade them, it can be much easier than previously imagined. 

[Read More] 4 Penny Stocks To Watch After DWAC Stock Wakes Up Small Caps

As we’ve mentioned numerous times, Covid continues to be the main factor when it comes to trading stocks in January. And while this may remain true for some time, it’s important to stay as up-to-date as possible with everything that is going on. Considering this, do you think that penny stocks can continue to make gains this month?

If you enjoyed this article and you’re interested in learning how to trade so you can have the best chance to profit consistently then you need to checkout this YouTube channel. CLICK HERE RIGHT NOW!

The post 3 Penny Stocks To Watch That Are Climbing During Today’s Session appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Read More

Related Topics:
Continue Reading

International

China Auto Sales Jump 55% Year Over Year As Price Cuts Continue To Move NEV Metal

China Auto Sales Jump 55% Year Over Year As Price Cuts Continue To Move NEV Metal

Retail sales of passenger vehicles scorched higher in May,…

Published

1 hour ago

on

June 7, 2023

By

China Auto Sales Jump 55% Year Over Year As Price Cuts Continue To Move NEV Metal

Retail sales of passenger vehicles scorched higher in May, with 1.76 million units sold, according to preliminary data from the China Passenger Car Association released this week. 

The sales figure represents 8% growth from the month prior. As has been the case over the last several years, new energy vehicles continue to grow disproportionately to the rest of the sector, driving sales higher.

Last month 557,000 NEVs were sold, growth of 55% year over year and 6% sequentially, according to a Bloomberg wrap up of the data. 

The sales boost comes as the country slashed prices to move metal throughout the first 5 months of the year. In late May we noted that China's auto industry association was urging automakers to "cool" the hype behind price cuts that were sweeping across the country. 

The price cuts were getting so egregious that the China Association of Automobile Manufacturers went so far as to put out a message on its official WeChat account, stating that "a price war is not a long-term solution". Instead "automakers should work harder on technology and branding," it said at the time.

Recall we wrote in May that most major automakers were slashing prices in China. The move is coming after lifting pandemic controls failed to spur significant demand in China, the Wall Street Journal reported last month. Ford and GM will be joined by BMW and Volkswagen in offering the discounts and promotions on EVs, the report says. 

At the time, Ford was offering $6,000 off its Mustang Mach-E, putting the standard version of its EV at just $31,000. In April, prior to the discounts, only 84 of the vehicles were sold, compared to 1,500 sales in December. There was some pulling forward of demand due to the phasing out of subsidies heading into the new year, and Ford had also cut prices by about 9% in December. 

A spokesperson for Ford called it a "stock clearance" at the time. 

Discounts at Volkswagen ranged from around $2,200 to $7,300 a car. Its electric ID series is seeing price cuts of almost $6,000. The company called the cuts "temporary promotions due to general reluctance among car buyers, the new emissions rule and discounts offered by competitors."

China followed suit, and thus, now we have the sales numbers to prove it...

Tyler Durden Wed, 06/07/2023 - 20:00

Read More

Continue Reading

International

World Bank: Global Economic Growth Expected To Slow To 2008 Levels

World Bank: Global Economic Growth Expected To Slow To 2008 Levels

Authored by Michael Maharrey via SchiffGold.com,

Most people in the mainstream…

Published

2 hours ago

on

June 7, 2023

By

World Bank: Global Economic Growth Expected To Slow To 2008 Levels

Authored by Michael Maharrey via SchiffGold.com,

Most people in the mainstream concede that the economy is heading for a recession, but the consensus seems to be that downturn will be short and shallow. Projections by the World Bank undercut that optimism.

According to the World Bank, global growth in 2023 will slow to the lowest level since the 2008 financial crisis.

In other words, the World Bank is predicting the beginning of Great Recession 2.0.

You might recall that the Great Recession was neither short nor shallow.

In fact, World Bank Group chief economist and senior vice president Indermit Gill said, “The world economy is in a precarious position.”

According to the World Bank’s new Global Economic Prospects report, global growth is projected to decelerate to 2.1% this year, falling from 3.1% in 2022. The bank forecasts a significant slowdown during the last half of this year.

That would match the global growth rate during the 2008 financial crisis.

According to the World Bank, higher interest rates, inflation, and more restrictive credit conditions will drive the economic downturn.

The report forecasts that growth in advanced economies will slow from 2.6% in 2022 to 0.7% this year and remain weak in 2024.

Emerging market economies will feel significant pain from the economic slowdown. Yahoo Finance reported, “Higher interest rates are a problem for emerging markets, which already were reeling from the overlapping shocks of the pandemic and the Russian invasion of Ukraine. They make it harder for those economies to service debt loans denominated in US dollars.”

The World Bank report paints a bleak picture.

The world economy remains hobbled. Besieged by high inflation, tight global financial markets, and record debt levels, many countries are simply growing poorer.”

Absent from the World Bank analysis is any mention of how more than a decade of artificially low interest rates and trillions of dollars in quantitative easing by central banks created the wave of inflation that continues to sweep the globe, along with massive levels of debt and all kinds of economic bubbles.

If you listen to the mainstream narrative, you would think inflation just came out of nowhere, and central banks are innocent victims nobly struggling to save the day by raising interest rates. Pundits fret about rising rates but never mention that rates were only so low for so long because of the actions of central banks. And they seem oblivious to the consequences of those policies.

But being oblivious doesn’t shield you from the impact of those consequences.

In reality, central banks and governments implemented policies intended to incentivize the accumulation of debt. They created trillions of dollars out of thin air and showered the world with stimulus, unleashing the inflation monster. And now they’re trying to battle the dragon they set loose by raising interest rates. This will inevitably pop the bubble they intentionally blew up. That’s why the World Bank is forecasting Great Recession-era growth. All of this was entirely predictable.

After all, artificially low interest rates are the mother’s milk of a global economy built on easy money and debt. When you take away the milk, the baby gets hungry. That’s what’s happening today. With interest rates rising, the bubbles are starting to pop.

And it’s probably going to be much worse than most people realize. There are more malinvestments, more debt, and more bubbles in the global economy today than there were in 2008. There is every reason to believe the bust will be much worse today than it was then.

In other words, you can strike “short” and “shallow” from your recession vocabulary.

Even the World Bank is hinting at this.

Tyler Durden Wed, 06/07/2023 - 15:20

Read More

Continue Reading

International

DNAmFitAge: Biological age indicator incorporating physical fitness

“We expect DNAmFitAge will be a useful biomarker for quantifying fitness benefits at an epigenetic level and can be used to evaluate exercise-based interventions.”…

Published

6 hours ago

on

June 7, 2023

By

“We expect DNAmFitAge will be a useful biomarker for quantifying fitness benefits at an epigenetic level and can be used to evaluate exercise-based interventions.”

Credit: 2023 McGreevy et al.

“We expect DNAmFitAge will be a useful biomarker for quantifying fitness benefits at an epigenetic level and can be used to evaluate exercise-based interventions.”

BUFFALO, NY- June 7, 2023 – A new research paper was published in Aging (listed by MEDLINE/PubMed as “Aging (Albany NY)” and “Aging-US” by Web of Science) Volume 15, Issue 10, entitled, “DNAmFitAge: biological age indicator incorporating physical fitness.”

Physical fitness is a well-known correlate of health and the aging process and DNA methylation (DNAm) data can capture aging via epigenetic clocks. However, current epigenetic clocks did not yet use measures of mobility, strength, lung, or endurance fitness in their construction. 

In this new study, researchers Kristen M. McGreevy, Zsolt Radak, Ferenc Torma, Matyas Jokai, Ake T. Lu, Daniel W. Belsky, Alexandra Binder, Riccardo E. Marioni, Luigi Ferrucci, Ewelina Pośpiech, Wojciech Branicki, Andrzej Ossowski, Aneta Sitek, Magdalena Spólnicka, Laura M. Raffield, Alex P. Reiner, Simon Cox, Michael Kobor, David L. Corcoran, and Steve Horvath from the University of California Los Angeles, University of Physical Education, Altos Labs, Columbia University Mailman School of Public Health, University of Hawaii, University of Edinburgh, National Institute on Aging, Jagiellonian University, Pomeranian Medical University in Szczecin, University of Łódź, Central Forensic Laboratory of the Police in Warsaw, Poland, University of North Carolina at Chapel Hill, University of Washington, and University of British Columbia develop blood-based DNAm biomarkers for fitness parameters including gait speed (walking speed), maximum handgrip strength, forced expiratory volume in one second (FEV1), and maximal oxygen uptake (VO2max) which have modest correlation with fitness parameters in five large-scale validation datasets (average r between 0.16–0.48). 

“These parameters were chosen because handgrip strength and VO2max provide insight into the two main categories of fitness: strength and endurance [23], and gait speed and FEV1 provide insight into fitness-related organ function: mobility and lung function [8, 24].”

The researchers then used these DNAm fitness parameter biomarkers with DNAmGrimAge, a DNAm mortality risk estimate, to construct DNAmFitAge, a new biological age indicator that incorporates physical fitness. DNAmFitAge was associated with low-intermediate physical activity levels across validation datasets (p = 6.4E-13), and younger/fitter DNAmFitAge corresponds to stronger DNAm fitness parameters in both males and females. 

DNAmFitAge was lower (p = 0.046) and DNAmVO2max is higher (p = 0.023) in male body builders compared to controls. Physically fit people had a younger DNAmFitAge and experienced better age-related outcomes: lower mortality risk (p = 7.2E-51), coronary heart disease risk (p = 2.6E-8), and increased disease-free status (p = 1.1E-7). These new DNAm biomarkers provide researchers a new method to incorporate physical fitness into epigenetic clocks.

“Our newly constructed DNAm biomarkers and DNAmFitAge provide researchers and physicians a new method to incorporate physical fitness into epigenetic clocks and emphasizes the effect lifestyle has on the aging methylome.”
 

Read the full study: DOI: https://doi.org/10.18632/aging.204538 

Corresponding Authors: Kristen M. McGreevy, Zsolt Radak, Steve Horvath

Corresponding Emails: kristenmae@ucla.edu, radak.zsolt@tf.hu, shorvath@mednet.ucla.edu 

Keywords: epigenetics, aging, physical fitness, biological age, DNA methylation

Sign up for free Altmetric alerts about this article: https://aging.altmetric.com/details/email_updates?id=10.18632%2Faging.204538

 

About Aging-US:

Launched in 2009, Aging publishes papers of general interest and biological significance in all fields of aging research and age-related diseases, including cancer—and now, with a special focus on COVID-19 vulnerability as an age-dependent syndrome. Topics in Aging go beyond traditional gerontology, including, but not limited to, cellular and molecular biology, human age-related diseases, pathology in model organisms, signal transduction pathways (e.g., p53, sirtuins, and PI-3K/AKT/mTOR, among others), and approaches to modulating these signaling pathways.

Please visit our website at www.Aging-US.com​​ and connect with us:

  • SoundCloud
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • LabTube
  • LinkedIn
  • Reddit
  • Pinterest

 

Click here to subscribe to Aging publication updates.

For media inquiries, please contact media@impactjournals.com.

 

Aging (Aging-US) Journal Office

6666 E. Quaker Str., Suite 1B

Orchard Park, NY 14127

Phone: 1-800-922-0957, option 1

###

Journal

Aging-US

DOI

10.18632/aging.204538

Method of Research

Experimental study

Subject of Research

People

Article Title

DNAmFitAge: biological age indicator incorporating physical fitness

Article Publication Date

31-May-2023

Read More

Continue Reading

Trending