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Watchlists-Penny Stock Investment Strategy

My Watchlist For This Short Trading Week

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Written by Timothy Sykes
Updated 5/24/2025 4 min read

I don’t have much of an introduction … There’s no time.

We’re at the beginning of a shortened trading week. And the market was already volatile.

This is an extensive list of the hottest stocks in the market right now, as of the market close on May 23.

All of these stocks are still in play and could either show us a number 5 bounce play, or a breakout to new highs.

  • HTZ
    • It spiked 150%* In April. This price already showed us a number 5 bounce since then. It could push higher this week.
  • GPUS
    • This stock retested the highs last week at $10. And the float is only 1.3 million shares. That low float helps prices spike higher when demand increases. Watch for more volatility.
  • CURI
    • This stock looks weak and overextended after a 100%* spike. I’m looking for a panic-dip buy.
  • ASST
    • Even if I don’t trade this stock, the strength is so impressive. It already spiked 2,100%* since May 6.
  • NXTT
    • This stock has a tight consolidation above $2. It could rally from that level for a number 5 bounce.
  • KDLY
    • This is another stock that I might not trade, but the volatility is insane. Look up a chart and study this price action!
  • CTMX
    • This stock has a tight consolidation above $2 as well. And the price action hints at a possible breakout past the highs at $2.50. It already spiked 240%* in May.
  • CLIK
    • This stock is consolidating above $0.50 after a spike past $1. The float is only 8 million shares, and the multi-day chart shows a huge selloff that the stock could spike into on a rebound.
  • PTIX
    • This stock keeps sliding lower after a 360%* spike. I’m on alert for a number 5 bounce day.
  • FAAS
    • This stock broke to new highs on Friday. The multi-day run measures 330%*.
  • SYTA
    • SYTA spiked 680%* since May 14, and the stock is showing a lot of volatility near the highs. I’m ready for a panic dip buy.
  • MTPLF
    • This stock followed my patterns three times last week. I’m looking for more setups.
  • EDBL
    • This stock is consolidating around $4 after spiking 100%* last week.
  • NVTS
    • This stock is also consolidating around $4 after spiking 170%* last week.
  • EYEN
    • This stock spiked 80% last week and is consolidating under the $2 breakout level.
  • MRM
    • It spiked 150%* last week after positive earnings. And it’s still consolidating.
  • IMNN
    • This stock spiked 230%* on Friday after announcing positive clinical data. The price consolidated into the close.
  • GORV
    • This stock spiked 130%* on Friday after announcing a successful asset sale. The price consolidated into the close.
  • LTRY
    • I traded this spike on Friday as the price spiked to new 52-week highs. The price could show us additional volatility this week.

These are the top stocks that I’m watching. But what’s your trade plan?

You’ve gotta be ready to execute trades with precision. Because these stocks can move fast.

That’s why my newest students use my AI trading bot.

This trading tool is programmed to follow the exact patterns that I’ve honed over two decades.

It helps you build smarter trade plans, spot risk, and make trades while these stocks are moving in real time.

Whether you’re trading premarket spikes, panic-dip buys, or first green day runners, the XGPT bot gives traders an edge.

More Breaking News

You’ve got the watchlist … Now pair it with the power of AI!

Learn how it works in my video below:

There will be new opportunities to make gains this week.

Whether or not you’re prepared is up to you!

Cheers

 

*Past performance does not indicate future results


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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”

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