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Hot Penny Stocks To Watch Before Monday's Opening Bell | FinancialContent Business Page


4 Penny Stocks Heating Up Late Friday Afternoon
Monday marks the start of the final trading week in January & we’re sure to see plenty of penny stocks on the watch list. I get that the weekends can be a boring time for many traders, especially if you’re new. Because so many of these cheap stocks have exploded this month, anticipation for what’s next is high, for sure. I think one of the glaring indicators suggesting big momentum in small-caps recently has been the Russell 2000 Small-Cap ETF (IWM).
Take a look at Friday’s session. We saw the S&P ETF (SPY) and the Invesco NASDAQ ETF (QQQ) both make attempts at rebounding from lows. While they did, in fact, bounce from intra-day lows, neither experienced the rally that the IWM did. Breaking it down to the numbers, the SPY closed 0.27% above its low, the QQQ closed 0.21% higher, but the IWM managed a rebound of 2.6% after hitting its low of $209.54 Friday morning. ....

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