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My Top 3 Stocks For Monday

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Written by Timothy Sykes
Updated 9/29/2023 6 min read

Are you tired of struggling to find some of the best plays in today’s market?

If so, I have some good news for you today!

Every day I’m scanning the market for some of the biggest opportunities…

And today, I have three stocks I’m laser-focused on that I want you to be made aware of.

So today, I’ll be breaking down why I’m watching these three plays and what my game plan will be for the week.

Let’s get going!

Stock#1 –Femasys Inc. (NASDAQ: FEMY)

Last week I talked about FEMY and how it was soaring based on this news.

In just a few days, FEMY soared from nearly $0.33 to over $2.50, that’s over a 650% move!

Take a look at this chart!

Source: StocksToTrade

I must admit, I didn’t think the stock was going to get squeezed this high…

And neither did these over-aggressive short sellers…

But right now this stock is going Supernova!

The last thing you want to do right now is chase FEMY higher, instead, you need to be patient and wait for that panic dip buy…

I even alerted my students in chat…

You never know what will happen in this market, but I do know what will eventually happen to FEMY.

It’s all a part of my 7-Step Penny Stocking Framework.

What goes up, must come down, so be ready to take advantage of those dip-buying opportunities, if they present themselves…

But be careful, if there isn’t any bounce, make sure you cut your losses quickly!

So keep an eye out in chat for any updates I may have!

Stock#2 – Aytu BioPharma, Inc. (NASDAQ: AYTU)

Last week I traded AYTU…

Source: Profit.ly

And since my last trade, it continued to soar higher…

Take a look at the chart…

Source: StocksToTrade

Notice where I drew two lines, one is resistance and the other is a key support area.

My trade last week was off that previous resistance level where it broke out…

But you can see that AYTU was hammered back down from that multimonth resistance level and failed to break out. 

This is just a giant short squeeze, and you can notice that the volume is significantly lower at the time I’m writing this.

So keep a close eye for this play to bounce again off that key resistance level…

More Breaking News

And I want you to keep in the back of your mind that we’re still seeing these over-aggressive short sellers out there.

Stock#3 – T2 Biosystems, Inc. (TTOO)

It’s been a while since I’ve traded this stock…

But the thing is, whenever I make a trade, I never forget about them.

Looking at this chart over the last several months, you can see how volatile it is.

Source: StocksToTrade

I want you to take a look at where I drew those white circles…

Every time there is a FirstGreenDay, TTOO ends up spiking…

And as I don’t recommend any of you chasing TTOO, you need to have a game plan in mind for when you spot these squeezes.

As TTOO continues to get squeezed higher, I’m going to be looking for those early morning panics…

Sure, TTOO may get squeezed higher, but that’s more difficult to try and predict when that may happen and how to trade it.

Eventually, these short sellers will be right with their thesis and this stock will crash…

But now, my main focus is to look for morning panic as it’s way more predictable…

And I want you to just remember to take the meat of the move with any trade you make.

Final Thought

Navigating through today’s market can be a little difficult for some traders…

There’s a lot to understand and you need to be ready for whatever the market tries to throw at you.

The market is forever changing, and right now we’re still seeing an incredible amount of short squeezes with these low-priced plays.

So as the overall market continues to underperform, there are still plenty of opportunities for you to capitalize on!

This is why I want to teach you everything I know and help you prepare every step of the way throughout your journey…

So be sure to join us for this FREE live training that takes place every week…

And continue to focus on those big percent gainers every single day!

Stay safe and let’s crush it this week!

I’ll see you in chat.

-Tim

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Timothy Sykes

Tim Sykes is a penny stock trader and teacher who became a self-made millionaire by the age of 22 by trading $12,415 of bar mitzvah money. After becoming disenchanted with the hedge fund world, he established the Tim Sykes Trading Challenge to teach aspiring traders how to follow his trading strategies. He’s been featured in a variety of media outlets including CNN, Larry King, Steve Harvey, Forbes, Men’s Journal, and more. He’s also an active philanthropist and environmental activist, a co-founder of Karmagawa, and has donated millions of dollars to charity.
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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”