Markets Indicating Slightly Lower Opening Following Historic Day

TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

Monday, March 2nd, 2015 was truly a historic day for the Dow Jones Industrial, reaching for the sky closing on a new all-time high of 18,288.63. Many investors continue discussing the potential of the DOW 20,000. I guess time will tell. The DOW is showing a lower open this morning indicating down -7 points as of 05:50 A.M, EST. The S&P is showing lower by -1.30 points and the NASDAQ indicating lower as well by -1 point.

The Nikkei shed some gains down -11.72 points last night to 18,815.16. The Hang Seng collapsed -184.66 points dropping to 24,702.78. The FTSE 100 currently is up +8.52 points to 6,949.16. The CAC 40 is up .24% by +11.87 points to 4,929.19. The German DAX is up as well +20.21 points to 11,430.57.

Investors are wondering if Crude did show a bottom, spiking today and currently up .76 cents a barrel to 50.35, up 1.53%. Many say we still are falling while others argue we’re seeing our upward climb. Regardless, crude continues its ascent. NYMEX Nat. Gas is at 2.66/MMBtu down .04 cents by 1.41%.

Since markets are rallying, who needs precious metals? Right? Idk. You be the judge. Gold is down -.60/oz to 1,210.20. Silver has fallen -.04 cents an ounce to 16.48. Platinum is also down -3.8/oz to 1,187.10 and Palladium is also down -3/oz to 829.10.

As for Penny Stocks, we’re watching one in particular named Cephas Holding Corp. (OTC:CEHC). The stock closed yesterday’s session up 150% to .0015, up .0009 cents. The stock was up some 225% yesterday at one point. Watch for this stock to explode or sell off. Heavy volume of 180M shares drove this price through the roof yesterday. Average 10-day volume is 70.4M. 52-week high is .004 on 04/01/14 and a 52-week low of .0002 on 02/12/15.

RCHA is another one to keep an eye on. In yesterday’s session is appeared to possibly be mounting a comeback or a knee-jerk bounce back. The stock closed up .0018 after flirting on lows of .0012 in prior sessions. This one may have the ability to spring forward or pull back. We will keep you posted.

Disclosure: None

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