Josh Enomoto

1 week ago | moneymorning.com | Josh Enomoto

While penny stocks are wildly risky financial instruments, they can also provide robust upside if the timing is fortuitous. For those willing to accept the high dangers of loss involved, speculators may consider upstream oil enterprise Kosmos Energy (NYSE:KOS). On paper, KOS stock is a mess — let’s not kid ourselves. Since the start of the year, shares have plunged nearly 50%. Over the past 52 weeks, the underlying company has lost almost 72% of market value.

1 week ago | moneymorning.com | Josh Enomoto

It may be time for speculators to open that door again. Yes, I’m talking about online real estate specialist Opendoor Technologies (NYSE:OPEN). One of the biggest winners during the Covid-19 crisis thanks to its facilitation of generally contactless transactions, OPEN stock once traded hands above $30 a pop during its peak. Today, shares can be had for well under a buck. After the housing frenzy died down, reality struck Opendoor and the rest of the real estate market.

1 week ago | moneymorning.com | Josh Enomoto

You can certainly find more exciting public enterprises than TJX Companies (NYSE:TJX). However, for those seeking to extract quick alpha from the market, TJX stock deserves a closer inspection. Fundamentally, the multinational off-price department store offers tremendous relevance. While economic circumstances may be improving — at least in terms of forward progress regarding trade (tariff) policies — anxieties still abound.

1 week ago | moneymorning.com | Josh Enomoto

On paper, circumstances don’t appear appetizing for cloud-based software company Salesforce (NYSE:CRM). A specialist which provides applications focused on sales, customer service, marketing automation and artificial intelligence, among other critical functionalities, Salesforce brings tremendous relevancies to the table. Unfortunately, it also suffers from multiple competitive pressures, which has seen CRM stock lose more than 18% on a year-to-date basis.

1 week ago | moneymorning.com | Josh Enomoto

Whether you decide to trade derivatives or not, having an understanding of unusual options activity can offer a powerful edge. Mainly, options represent the arena of the smart money — sophisticated market participants that often have greater resources and information than the average Joe or Jane. As such, their activity (especially if it’s heightened) can potentially broadcast future swings before they materialize.