![]() ![]() “We expect the trend in claims to be downward as the labor market recovery gathers momentum. At the height of the pandemic, more than 6 million people made first-time unemployment claims. As of April 10th, only 576,000 Americans applied for unemployment assistance. One of the most important data points outside of case numbers is the jobless claims. ( NASDAQ: COIN).Īdditionally, we have to consider the pandemic when thinking about any investment in 2021. Throughout the week, several cryptocurrencies have hit all-time highs, following the IPO of Coinbase Inc. This represents a triple-digit gain from where it was only a few months ago. ![]() This includes the cryptocurrency DOGE Coin, reaching above $0.49 for the first time. Right now, a few things are going on that investors could use to their advantage. This can help to determine what strategy you will use to compile a list of stocks to watch. With any penny stocks to watch, it’s important to consider the outside factors that may be having an impact. On Friday, April 16th, there is already a lot of momentum in early morning trading. Now, this depends greatly on the industry that a penny stock is in, and what its placement in that market is. While some penny stocks have not performed as well as expected this year, others have outperformed expectations. Are Penny Stocks Making A Comeback Right Now? ![]()
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