Richard Saintvilus and TheStreet's Cherella Cox discuss the dangers of pump-and-dump stocks and what to watch out for in penny stocks. Whether you are green or seasoned, Saintvilus advises investors to do their due diligence with vigor. Similar to the research one does when buying a house, if you are buying a stock, you should study the company's CEO, quarterly and year-over-year earnings and at least the fundamental before you make any moves. Saintvilus, a writer for TheStreet, also runs his own Web site, Wall St. Playbook.com.
More from Video
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.