Hey guys, I’ve been looking through some picks from various newsletters, websites and my own research and have decided I’m going to start making a habit of contributing to the penny stock community that has grown here by giving a free penny stocks to watch list right here on my website. Don’t worry, this isn’t some sort of exclusive content or something you have to opt in to my newsletter to get, if you haven’t already! This is just a simple, straightforward resource that shows you my top penny stocks that I currently have my eye on.

Just keep in mind that this list is a watch list, not a buy recommendation! I am not a financial adviser nor do I claim to know what you specifically should be doing with your money.

These are picks that show great potential and could go up some time in the near future. That’s it! Take a look at them and watch them yourself to see if you can find a great trading opportunity, but don’t blindly grab them either. Make sure you do your own research!

That said, here is how my penny stocks to watch list is going to work. Every couple weeks I’m going to update it based on whether or not I believe a certain pick is worth looking into. My criteria consists of 3 simple factors:

1. A competitive advantage in the markets. This means taking hold of new assets, contracts or resources that will give this particular micro cap stock the ability to soar. This is very important as these markets change quickly and often times when a new advantage is developed, the stock doesn’t go up right away, meaning the reaction is delayed and will soon go up in price.

2. A positive technical pattern. Typically I look for significant volume spikes and the formation of common technical analysis patterns such as double dips and ascending triangles. So long as the stock has some volume spikes going on to indicate and increased trading flow and more exchanges of hands, it’s worth putting on my watch list.

3. Positive growth and earnings reports. In order to make it on this list, I look for a stock that has earned more this past few quarters than it expected. You can do this by comparing revenue statistics from last year or even the last couple years. A positive trend in earnings means it qualifies to be on my list!

Just keep in mind that I don’t issue buy or sell recommendations as I am not a financial adviser nor do I plan on becoming one. These are simply penny stocks that appear to have a lot of potential in my opinion.

Do I believe it would be a good idea to buy these? Possibly, if the trend continues, but anything can change in the stock market so don’t take my advice too literally!

Anyways, I highly encourage traders to check out my penny stocks to watch list and give me some feedback on the stock picks to help me out. I’d appreciate any feedback. Thanks!