Penny Stocks to trade today $CEI and $MULN - Market update 3-8-22

There is no chart that I looked at other than energy and short ETF's that look good. Nickel trading is shut down in London because of a short squeeze and Russia being the #1 Nickel producer and oil is going up again today.  Trading today should be in oil (UCO) and commodities from Russia (PALL, CORN and WEAT).  If you're gambling and in to penny stocks, CEI and MULN are options because they have volume to pump trading. Tread carefully. I may go in and out of these, but I will be with UCO.  If the US and the IEA release oil from the emergency reserves, SCO would be a good option as oil will likely come down. If the Saudi's and OPEC announce more production, SCO would also be a play.  The charts are ugly so SQQQ and other ETF shorts are good options, but it's too risky on the downside right now to go long on stocks. 

There are no comments yet.

Please log in to write the first comment.