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Most Active Penny Stocks to Buy? Check These 4 Out Right Now

These active penny stocks could be worth adding to your list right now
The post Most Active Penny Stocks to Buy? Check These 4 Out Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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4 Active Penny Stocks to Watch in September 2021

Finding the most active penny stocks is a great way to find potential winners in the stock market. However, there are plenty of other factors to consider when making your decision. But before we get into that, let’s look at stock market activity and how to find the most active penny stocks.

The best metric of how actively a penny stock or blue chip is trading is volume. Volume is the number of shares of a stock that have traded hands on a given trading day. This means that if volume is high, more people are buying or selling a stock and vice versa.

How to Find the Most Active Penny Stocks to Watch

While volume is a great indicator of activity, it can also be a great indication of how popular a stock is. If tens of millions of shares are traded in a day and a stock has an average volume of only a few hundred thousand, there is likely news or an outside influence that is affecting it. However, volume can also indicate sizable negativity, as sell orders are also counted in the tally.

[Read More] Hot Tech Penny Stocks Under $1 To Watch Right Now

Aside from volume, investors should put in the time to research a company as much as they can. This means understanding its business prospects, its financial data release schedule, what its fundamentals are, and so on. This information will help to indicate when momentum can be expected.

With hundreds of penny stocks to choose from, using your research skills will help you to have the greatest chance of making money with penny stocks in the end. Considering this, let’s take a look at four of the most active penny stocks to watch right now.

4 Penny Stocks With High Trading Activity Right Now

  1. SOS Limited (NYSE: SOS)
  2. Bridgeline Digital Inc. (NASDAQ: BLIN)
  3. Atossa Therapeutics Inc. (NASDAQ: ATOS)
  4. Camber Energy Inc. (NYSE: CEI)

SOS Limited (NYSE: SOS)

SOS Limited is a penny stock that we have discussed plenty of times over the past few weeks. And with a YTD gain of over 70%, SOS could have a lot to offer potential investors. If you’re unfamiliar, SOS Limited offers data mining and analysis services to its customers around the world. These products include marketing services, tech, and solutions for insurance companies.

SOS also operates a cloud emergency rescue service software as well, for medical rescue, auto rescue, and other situations where typical rescue operations cannot take place. In the past year or so, SOS has moved into the cryptocurrency industry due to its potential in both the short and long term.

On September 10th, the company reported its interim financial results for the first six months of 2021. The company’s net revenue totaled $184.5 million during this period, which is 17 times higher year over year. Its gross profit and gross margin both increased year over year as well. When it comes to its cryptocurrency mining operations, the company has mined an aggregate of 132.1 BTC and 1,853.1 units of ETH as of June 30, 2021. Since March 31st, 2021, SOS has experienced a 213% increase in BTC and a 102% increase in ETH.

This is the latest update that has come from SOS Limited. With the major hype around cryptocurrency right now, it’s no wonder that investors are paying attention to SOS stock. And, because crypto and blockchain technologies are still both largely untapped, many investors believe in their long-term futures. Keeping this in mind, will you add SOS stock to your watchlist?

Bridgeline Digital Inc. (NASDAQ: BLIN)

Brdigeline Digital Inc. is a penny stock that has climbed by over 34% and 61% in the past six months and YTD periods respectively. If you’re not familiar, Bridgeline is a digital engagement company that offers the Bridgeline Unbound Experience Manager. This is a marketing automation engine and content management system offered to users and companies. The service allows those who use it to create, edit, and publish content via a browser interface.

[Read More] 5 Penny Stocks to Watch That Exploded Today, What You Need to Know

On August 30th, Bridgeline announced that it has expanded its investment in its Hawksearch BigCommerce Integration to expand its offering for BigComerce users. Bridgeline has invested in a dedicated Partner Resource and the development of new features to build its user base. Currently, there are more than thirty BigCommerce implementations of Hawksearch. Hawksearch is an AI-powered search, personalization, and recommendations app.

The CEO of Bridgeline Digital, Ari Kahn said, “We’re excited to strengthen our commitment to our BigCommerce partnership by developing new revenue growth opportunities for their user-base.” BLIN has seen steady growth over the past year or so. At the start of 2021, this penny stock was almost half the price that it is at right now. And with solid recent bullish momentum, many investors are paying attention. With this info in mind, will BLIN make your list of penny stocks to watch?

Penny_Stocks_to_Watch_Bridgeline_Digital_Inc_BLIN_Stock_Chart

Atossa Therapeutics Inc. (NASDAQ: ATOS)

Atossa Therapeutics Inc. is a biotech penny stock we have discussed several times in the past few months for a variety of reasons. Over the last six months, shares of ATOS stock have shot up by over 47% and YTD by over 270%. While gains like these are not unheard of, they are worth paying attention to.

If you haven’t yet heard of this company, let’s get you up to speed. Atossa is a pharmaceutical company working on a variety of drugs for infectious diseases and oncology purposes. Atossa states that it is involved in the discovery and development of these products. This differs from some biotech companies that license or directly sell products rather than manufacturing them.

Right now, Atossa is developing AT-H201 and AT-301 which are for treating people with COVID-19. This is one of the reasons that ATOS has received so much attention over the past year or so. And while there are a lot of Covid drugs being studied right now, companies working on treatments or cures continue to receive publicity.

At the start of this month, Atossa Therapeutics began with a strong announcement. The company received approval from the Swedish Ethics Review Authority to start a Phase 2 clinical study of oral Endoxifen. This product works to reduce mammographic breast density in breast cancer patients. This condition currently affects over 10 million women in the United States and many more around the world.

“With this ethics approval and the previously reported regulatory approval to conduct the clinical study, we plan to start enrolling participants in fourth quarter 2021.”

Chairman and CEO of Atossa, Steven Quay

ATOS stock has experienced a lot of fluctuation in price and volume throughout September. It will be interesting to see what the company has in store next, and how that may impact its stock price. For now, will ATOS be on your penny stocks watchlist this week?

Penny_Stocks_to_Watch_Atossa_Therapeutics_Inc_ATOS_Stock_Chart

Camber Energy Inc. (NYSE: CEI)

One of the bigger gainers of the day so far is Camber Energy Inc. By 3:15 PM EST, shares of CEI stock had climbed by over 30% to just under $2. This brings its one-month gain to a staggering 391%. For some context, Camber acquires oil and gas-related entities, such as Viking Energy and more.

As a result, CEI has a sizable amount of exposure to the energy industry. While its business model may have merit, the real reason that CEI stock has risen so much in that time is due to its placement as a meme stock. With a high short interest of around 10.5% as of late September, many retail investors have capitalized on CEI stock for its potential to be the next short squeeze stock. And with the major gain as illustrated above, it’s clear that it may have already hit its stride.

[Read More] Do These Penny Stocks Deserve a Place On Your Watchlist?

It’s important to view stocks like CEI with a grain of salt, however, as fundamentals do not often line up with speculation. But, if you are more risk-oriented, CEI Stock could be worth keeping an eye on. However, if you are a more conservative investor, it may be worth doing more research to see if CEI is right for you. Considering this, do you think that Camber Energy is worth adding to your list of penny stocks to watch?

Penny_Stocks_to_Watch_Camber Energy Inc. (CEI Stock Chart)

Which Penny Stocks Are You Watching Right Now?

Finding the best penny stocks to buy in 2021 is all about understanding the current state of the market. Although a lot is going on with both penny stocks and blue chips, using your trading strategy can help to avoid unnecessary losses. Considering all of this, which penny stocks are you watching right now?

The post Most Active Penny Stocks to Buy? Check These 4 Out Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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NY Fed Finds Medium, Long-Term Inflation Expectations Jump Amid Surge In Stock Market Optimism

NY Fed Finds Medium, Long-Term Inflation Expectations Jump Amid Surge In Stock Market Optimism

One month after the inflation outlook tracked…

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31 mins ago

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March 11, 2024

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NY Fed Finds Medium, Long-Term Inflation Expectations Jump Amid Surge In Stock Market Optimism

One month after the inflation outlook tracked by the NY Fed Consumer Survey extended their late 2023 slide, with 3Y inflation expectations in January sliding to a record low 2.4% (from 2.6% in December), even as 1 and 5Y inflation forecasts remained flat, moments ago the NY Fed reported that in February there was a sharp rebound in longer-term inflation expectations, rising to 2.7% from 2.4% at the three-year ahead horizon, and jumping to 2.9% from 2.5% at the five-year ahead horizon, while the 1Y inflation outlook was flat for the 3rd month in a row, stuck at 3.0%. 

The increases in both the three-year ahead and five-year ahead measures were most pronounced for respondents with at most high school degrees (in other words, the "really smart folks" are expecting deflation soon). The survey’s measure of disagreement across respondents (the difference between the 75th and 25th percentile of inflation expectations) decreased at all horizons, while the median inflation uncertainty—or the uncertainty expressed regarding future inflation outcomes—declined at the one- and three-year ahead horizons and remained unchanged at the five-year ahead horizon.

Going down the survey, we find that the median year-ahead expected price changes increased by 0.1 percentage point to 4.3% for gas; decreased by 1.8 percentage points to 6.8% for the cost of medical care (its lowest reading since September 2020); decreased by 0.1 percentage point to 5.8% for the cost of a college education; and surprisingly decreased by 0.3 percentage point for rent to 6.1% (its lowest reading since December 2020), and remained flat for food at 4.9%.

We find the rent expectations surprising because it is happening just asking rents are rising across the country.

At the same time as consumers erroneously saw sharply lower rents, median home price growth expectations remained unchanged for the fifth consecutive month at 3.0%.

Turning to the labor market, the survey found that the average perceived likelihood of voluntary and involuntary job separations increased, while the perceived likelihood of finding a job (in the event of a job loss) declined. "The mean probability of leaving one’s job voluntarily in the next 12 months also increased, by 1.8 percentage points to 19.5%."

Mean unemployment expectations - or the mean probability that the U.S. unemployment rate will be higher one year from now - decreased by 1.1 percentage points to 36.1%, the lowest reading since February 2022. Additionally, the median one-year-ahead expected earnings growth was unchanged at 2.8%, remaining slightly below its 12-month trailing average of 2.9%.

Turning to household finance, we find the following:

  • The median expected growth in household income remained unchanged at 3.1%. The series has been moving within a narrow range of 2.9% to 3.3% since January 2023, and remains above the February 2020 pre-pandemic level of 2.7%.
  • Median household spending growth expectations increased by 0.2 percentage point to 5.2%. The increase was driven by respondents with a high school degree or less.
  • Median year-ahead expected growth in government debt increased to 9.3% from 8.9%.
  • The mean perceived probability that the average interest rate on saving accounts will be higher in 12 months increased by 0.6 percentage point to 26.1%, remaining below its 12-month trailing average of 30%.
  • Perceptions about households’ current financial situations deteriorated somewhat with fewer respondents reporting being better off than a year ago. Year-ahead expectations also deteriorated marginally with a smaller share of respondents expecting to be better off and a slightly larger share of respondents expecting to be worse off a year from now.
  • The mean perceived probability that U.S. stock prices will be higher 12 months from now increased by 1.4 percentage point to 38.9%.
  • At the same time, perceptions and expectations about credit access turned less optimistic: "Perceptions of credit access compared to a year ago deteriorated with a larger share of respondents reporting tighter conditions and a smaller share reporting looser conditions compared to a year ago."

Also, a smaller percentage of consumers, 11.45% vs 12.14% in prior month, expect to not be able to make minimum debt payment over the next three months

Last, and perhaps most humorous, is the now traditional cognitive dissonance one observes with these polls, because at a time when long-term inflation expectations jumped, which clearly suggests that financial conditions will need to be tightened, the number of respondents expecting higher stock prices one year from today jumped to the highest since November 2021... which incidentally is just when the market topped out during the last cycle before suffering a painful bear market.

Tyler Durden Mon, 03/11/2024 - 12:40

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Spread & Containment

A major cruise line is testing a monthly subscription service

The Cruise Scarlet Summer Season Pass was designed with remote workers in mind.

Published

32 mins ago

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March 11, 2024

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While going on a cruise once meant disconnecting from the world when between ports because any WiFi available aboard was glitchy and expensive, advances in technology over the last decade have enabled millions to not only stay in touch with home but even work remotely.

With such remote workers and digital nomads in mind, Virgin Voyages has designed a monthly pass that gives those who want to work from the seas a WFH setup on its Scarlet Lady ship — while the latter acronym usually means "work from home," the cruise line is advertising as "work from the helm.”

Related: Royal Caribbean shares a warning with passengers

"Inspired by Richard Branson's belief and track record that brilliant work is best paired with a hearty dose of fun, we're welcoming Sailors on board Scarlet Lady for a full month to help them achieve that perfect work-life balance," Virgin Voyages said in announcing its new promotion. "Take a vacation away from your monotonous work-from-home set up (sorry, but…not sorry) and start taking calls from your private balcony overlooking the Mediterranean sea."

A man looks through his phone while sitting in a hot tub on a cruise ship.

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This is how much it'll cost you to work from a cruise ship for a month

While the single most important feature for successful work at sea — WiFi — is already available for free on Virgin cruises, the new Scarlet Summer Season Pass includes a faster connection, a $10 daily coffee credit, access to a private rooftop, and other member-only areas as well as wash and fold laundry service that Virgin advertises as a perk that will allow one to concentrate on work

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The pass starts at $9,990 for a two-guest cabin and is available for four monthlong cruises departing in June, July, August, and September — each departs from ports such as Barcelona, Marseille, and Palma de Mallorca and spends four weeks touring around the Mediterranean.

Longer cruises are becoming more common, here's why

The new pass is essentially a version of an upgraded cruise package with additional perks but is specifically tailored to those who plan on working from the ship as an opportunity to market to them.

"Stay connected to your work with the fastest at-sea internet in the biz when you want and log-off to let the exquisite landscape of the Mediterranean inspire you when you need," reads the promotional material for the pass.

Amid the rise of remote work post-pandemic, cruise lines have been seeing growing interest in longer journeys in which many of the passengers not just vacation in the traditional sense but work from a mobile office.

In 2023, Turkish cruise line operator Miray even started selling cabins on a three-year tour around the world but the endeavor hit the rocks after one of the engineers declared the MV Gemini ship the company planned to use for the journey "unseaworthy" and the cruise ship line dealt with a PR scandal that ultimately sank the project before it could take off.

While three years at sea would have set a record as the longest cruise journey on the market, companies such as Royal Caribbean  (RCL) (both with its namesake brand and its Celebrity Cruises line) have been offering increasingly long cruises that serve as many people’s temporary homes and cross through multiple continents.

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International

This is the biggest money mistake you’re making during travel

A retail expert talks of some common money mistakes travelers make on their trips.

Published

32 mins ago

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March 11, 2024

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Travel is expensive. Despite the explosion of travel demand in the two years since the world opened up from the pandemic, survey after survey shows that financial reasons are the biggest factor keeping some from taking their desired trips.

Airfare, accommodation as well as food and entertainment during the trip have all outpaced inflation over the last four years.

Related: This is why we're still spending an insane amount of money on travel

But while there are multiple tricks and “travel hacks” for finding cheaper plane tickets and accommodation, the biggest financial mistake that leads to blown travel budgets is much smaller and more insidious.

A traveler watches a plane takeoff at an airport gate.

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This is what you should (and shouldn’t) spend your money on while abroad

“When it comes to traveling, it's hard to resist buying items so you can have a piece of that memory at home,” Kristen Gall, a retail expert who heads the financial planning section at points-back platform Rakuten, told Travel + Leisure in an interview. “However, it's important to remember that you don't need every souvenir that catches your eye.”

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According to Gall, souvenirs not only have a tendency to add up in price but also weight which can in turn require one to pay for extra weight or even another suitcase at the airport — over the last two months, airlines like Delta  (DAL) , American Airlines  (AAL)  and JetBlue Airways  (JBLU)  have all followed each other in increasing baggage prices to in some cases as much as $60 for a first bag and $100 for a second one.

While such extras may not seem like a lot compared to the thousands one might have spent on the hotel and ticket, they all have what is sometimes known as a “coffee” or “takeout effect” in which small expenses can lead one to overspend by a large amount.

‘Save up for one special thing rather than a bunch of trinkets…’

“When traveling abroad, I recommend only purchasing items that you can't get back at home, or that are small enough to not impact your luggage weight,” Gall said. “If you’re set on bringing home a souvenir, save up for one special thing, rather than wasting your money on a bunch of trinkets you may not think twice about once you return home.”

Along with the immediate costs, there is also the risk of purchasing things that go to waste when returning home from an international vacation. Alcohol is subject to airlines’ liquid rules while certain types of foods, particularly meat and other animal products, can be confiscated by customs. 

While one incident of losing an expensive bottle of liquor or cheese brought back from a country like France will often make travelers forever careful, those who travel internationally less frequently will often be unaware of specific rules and be forced to part with something they spent money on at the airport.

“It's important to keep in mind that you're going to have to travel back with everything you purchased,” Gall continued. “[…] Be careful when buying food or wine, as it may not make it through customs. Foods like chocolate are typically fine, but items like meat and produce are likely prohibited to come back into the country.

Related: Veteran fund manager picks favorite stocks for 2024

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