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Surviving Trump’s Trade War: Top Penny Stocks to Watch Now

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Written by Timothy Sykes
Updated 4/21/2025, 3:56 pm ET 5 min read

The Dow just dropped 1,200 points. Big Tech is imploding. The dollar’s hitting multi-year lows. And traders are panicking over every new tariff threat and Trump’s attacks on Fed Chair Jerome Powell.

But here’s what I want you to understand…

In chaotic markets, penny stocks don’t just survive — they thrive.

When fear takes over the broader market, low-priced stocks get even wilder. Over the last three weeks, we’ve seen AREB, ICCT, WTF, RSLS, MLGO all explode 300–1,000%*. These aren’t flukes — they’re patterns.

So while everyone else is trying to guess the bottom on AAPL or NVDA, I’m focused on what’s actually working: volatile penny stock squeezes.

This week, I’ll continue using the same approach — take singles, react to price action, and stay disciplined. Here’s what I’m watching now:

5 Stocks to Watch This Week

Before you send in your orders, take note: I have NO plans to trade these stocks unless they fit my preferred setups. This is only a watchlist.

The best traders watch more than they trade. That’s what I’m trying to model here. Pay attention to the work that goes in, not the picks that come out.

Sign up for my NO-COST weekly watchlist to get my latest picks!

Hertz Global Holdings Inc (NASDAQ: HTZ)

Setup: Multiday runner with heavy volume
Why it matters: Legacy name acting like a low-float squeezer

HTZ is holding strong despite the market plunge. It ran 100%+ and is still sitting near highs. I’m not swinging this overnights — but I’ll watch closely for either a morning panic dip buy or a breakout above the $8.80–$9.00 zone.

Be cautious — big market cap = harder to squeeze, but volume speaks loud.

Jack Kellogg’s take: “I’d only short if it gaps up and pushes early. Otherwise, let it hold and maybe squeeze more.”

American Resources Corp (NASDAQ: AREC)

Setup: First red day setup
Why it matters: Sector heat + possible overextension

AREC is gapping and has room to squeeze, but I’ll be watching for a gap up followed by a fail into the $1.50–$1.60s. Great opportunity for short-term shorts if the price action confirms.

This is one of those “framework” tickers — respect the pattern, react to the price.

More Breaking News

Motorsport Games Inc (NASDAQ: MSGM)

Setup: Former runner reclaiming momentum
Why it matters: Float is tiny — it moves fast

MSGM ran big on Friday and held gains — a classic sign that it could go again. Low float + prior history = recipe for fireworks if it breaks above Friday’s high.

Be patient. I’ll be watching for morning panic buys or a clean VWAP reclaim — and will be extra cautious since dip buys have been weak lately.

Ohmyhome Ltd (NASDAQ: OMH)

Setup: Breakout watch
Why it matters: Continuation with volume or fakeout fade

This one’s setting up on the daily chart. If the right chatroom or catalyst hits, it could take off. I’m watching for clean levels to break — but staying cautious in this market. If it doesn’t prove itself, I’ll pass.

iCoreConnect Inc (NASDAQ: ICCT)

Setup: Short squeeze turned momentum runner
Why it matters: Oversold bounce + news + volume = explosive

ICCT was written off… until it bounced 283%* in one day. Classic short squeeze setup, especially in this bear market where fundamentals don’t matter — price action does.

I made a stress-free 12% by following the trend (starting stake $3,762). It’s back on watch this week for follow-through.

Key levels: $4.80 breakout or $3.00 panic bounce zone. Don’t chase — let the trade come to you.

Shorts are still lurking. One more squeeze wouldn’t surprise me.

Strategy for This Week

This market is unpredictable. Tariff headlines, Trump tweets, Powell drama — the noise is deafening.

But that’s exactly why you don’t need to guess direction. Let the price action show you what’s in play.

My plan:

  • No overnight positions — too much uncertainty
  • Look for morning spikers that break day highs with volume
  • Watch for panic dip buys — but only on proven runners
  • Avoid anything with big resistance or weak volume
  • Sell into strength, always

When the market’s irrational, trade like a sniper. In, out, calculated gains. Let others guess.

Key Dates to Watch

  • April 25: Big earnings drop — could mark a Q1 earnings bottom or signal more downside
  • April 29: End-of-month positioning — if April closes green, the bottom may be in
  • May–June: Potential Fed rate cuts = possible new bull market in small caps

Final Thoughts

The truth is, you don’t need to know where the bottom is.

You just need to recognize what’s working — and repeat it with discipline.

Penny stocks aren’t immune to macro volatility — they feed off of it. While blue chips crash, we get trading windows like we haven’t seen since 2020.

The penny stocks that exploded over the past few weeks all followed repeated patterns.

This is a market tailor-made for traders who are prepared. Penny stocks thrive on volatility, but it’s up to you to capitalize on it. Stick to your plan, manage your risk, and don’t let FOMO drive your decisions.

These opportunities are fast and unpredictable, but with the right strategy, you can make them work for you.

I recommend that you pay close attention to the first days of this possibly historic bull market.

If you want to know what I’m looking for—check out my free webinar here!


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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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