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3 Stocks My Students and I Are Closely Watching 👀

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Written by Timothy Sykes
Updated 11/21/2023 6 min read

Imagine a market so electrifying that it has traders pumping their fists with excitement!

Truth is, you don’t have to imagine because this has been one of the best markets we’ve seen in years, with no sign of it ending anytime soon!

As your mentor, I want to make sure all of you are prepared to take advantage of these opportunities every single day…

That’s why today, I’ll be breaking down some of the top plays my students and I are closely watching…

And what our next steps are to help you gain a better understanding of what you need to look for.

Are you ready?

Let’s dive in!

Top Stocks To Watch

Stock #1 – Cardio Diagnostics Holdings, Inc. (NASDAQ: CDIO)

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Most newbies tend to think you need to have a new stock on your watchlist every single day…

Surprise!

There will be times when my watchlist has the same stock day after day…

Week after week…

It all depends on what the chart looks like and how it’s performing.

Right now, CDIO has been at the top of my list for days and my students and I are loving it!

Last week, I held a live event about how AI is transforming the way we trade…

And it NAILED CDIO on Monday and it’s only going to get smarter every single day!

Let’s take a look at the chart…

Source: StocksToTrade

It amazes me that CDIO keeps going higher, but we can thank all of those over-aggressive short sellers who never learn their lesson!

As CDIO surged from roughly $1 per share on Monday morning up over $2 per share at the time I’m writing this…

Many of my students were able to capitalize on this latest move all thanks to XGPT.

Here’s how they did it.

Disclaimer: past performance does not indicate future results

Source: XGPT

On Monday afternoon, CDIO was up against some resistance around the $2 mark and XGPT noticed that…

And as it started to gain momentum, XGPT alerted traders ahead of the break out with a recommended entry point at $2.1.

As CDIO continues to trap these over-aggressive short sellers, I’m getting $FEMY vibes from a few months ago…

So I’ll continue to watch CDIO and I’ll be looking to dip buy it if there’s an early morning or intraday panic…

But I’ll also be keeping a close eye on XGPT for any other potential trades.

Stock# 2 Safety Shot, Inc. (NASDAQ: SHOT)

I’ll be the first to admit, I completely underestimated this stock…

Just take a look at how it’s performed over the last couple of days.

Source: StocksToTrade

SHOT continued to squeeze even higher yesterday based on this news.  

Surging over 370% in the last month, SHOT just broke through a multiyear resistance level.

I drew a white line for you to see…

Source: StocksToTrade

This is still a stock I’m not looking to just jump in and buy, even though it broke through a key resistance level…

The big question is, can it hold?

I’m not confident given how much it has spiked over the last few days, and I hate chasing after runners.

So instead of buying and hoping for it to continue its miraculous run higher, I’ll be patiently waiting for this stock to have a solid morning or intraday panic.

It’s all a part of my 7-Step Penny Stocking Framework and I eventually expect SHOT to return near the $2 mark.

More Breaking News

Stock # 3 Anghami Inc. (NASDAQ: ANGH)

ANGH was surging higher yesterday based on this news…

Take a look at the chart…

Source: StocksToTrade

ANGH reminds me a lot of SHOT…

And with this significant surge in volume, I’ll be keeping a close eye on this stock to see if it can panic and bounce off of that $1.50 mark…

Or will it trap in more short sellers, which we’ve seen time and time again to help it break through that $2.50 resistance area.

Being Prepared

There’s a lot of repetition when it comes to trading…

And if you’ve been following my trades for a while, you already know that the majority of them are panic dip buys.

I’m not the one to chase a stock higher unless I know about it ahead of time…

But the best thing about these penny stocks is that eventually, they will come crashing back down to earth…

And that’s when you can find some amazing dip-buying opportunities, especially with these multiday runners we’ve been seeing.

So if you want to learn more about this incredibly hot market…

And how to spot some of these plays ahead of time…

👉Click here to join our next Trading Session!👈

But don’t wait too long, seats are filling fast!

-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”