There’s no doubt that this week will be volatile. That’s due to a mix of earnings and speculation ahead of next week’s Fed meeting. Whether you’re trading penny stocks or higher-priced companies shares, it’s essential to understand which catalysts are at play. You’ll also want to know how to properly use the market’s trends to your advantage.Click Here To Watch TTG Live On YouTube
What we know right now is that big tech has helped give broader markets a boost. Even with this as the case, the stock market is down today. This has pushed some traders toward looking for cheap stocks to buy. Generally speaking, penny stocks move independently from most other high-level trends. That means even with the stock market down today, there are plenty of stocks under $5 to watch.
In this article, we dive even deeper into this niche. Notably, the standard definition of penny stocks includes stocks trading below $5. Today we look at penny stocks under $1. These are the ones trading for actual pennies per share. They’re some of the most volatile and can move significantly quickly.