Top Stocks to Watch Today: Key Takeaways
- Why trading volatile stocks is the name of the game…
- A recently uplisted stock just soared over 350% — find out what’s driving the insane run in stock #1…
- See the two stocks I’m still watching from last week that continue to soar…
SUBSCRIBE to my NO-COST weekly stock watchlist here.
Today I’m focused on some of the most volatile stocks in the entire market. While I prefer to trade OTCs — which are on fire lately — I can’t ignore these huge percent gainers. Plus, the 350%+ gainer on my watchlist just uplisted to the Nasdaq. Coincidence? Check out stock #1…
- Focus Universal Inc. Common Stock (NASDAQ: FCUV … Read our full analysis here.)
- Evaxion Biotech A/S (NASDAQ: EVAX … Read our full analysis here.)
- Takung Art Co., Ltd. (NYSE: TKAT … Read our full analysis here.)
- PDS Biotechnology Corporation (NASDAQ: PDSB … Read our full analysis here.)
- Vinco Ventures, Inc. (NASDAQ: BBIG … Read our full analysis here.)
It’s CRAZY how fast people are to defend turkeys like $ZM $SQBG despite the market telling you otherwise. Perhaps 90%+ of traders wouldn’t lose if they simply following https://t.co/0HhPp6CC1v instead of getting stubborn and getting deeper and deeper into trouble on their losers!
— Timothy Sykes (@timothysykes) August 31, 2021
5 Stocks to Watch for Thursday, September 2, 2021
Remember, this is a watchlist, not a ‘must trade’ list. I’m not always right, and I don’t trade everything I watch. That’s why you should never blindly follow or buy anyone’s stock picks — even mine.
But there’s always something you can learn.
Watch out for patterns that fit your strategy. Always have a trading plan for every trade. Here are some resources to help you get started:
- 13 Stock Chart Patterns You Should Know: A Complete Guide
- 5 Day Trading Strategies You Need To Know
- Trading Plan: How to Create One in 2021 (Step by Step)
If you’ve been following my blog and lessons, you know I love to trade low-priced stocks. (To learn more about trading penny stocks, get my FREE guide here.)
The stocks on this list aren’t penny stocks. Even if I rarely trade higher-priced stocks, their movements can still affect stocks within my price range. So to me, they’re worth watching.
If you want to know which penny stocks I’m watching…
Get the Stocks I’m Watching Delivered to Your Inbox
Need more stocks to watch? Subscribe to my weekly watchlist and I’ll deliver the stocks I’m watching every week right to your inbox.
👉🏼 SUBSCRIBE to my no-cost weekly stock watchlist here.
For even more stocks to watch, check out these blog posts that I update weekly:
- Get my weekly top penny stocks list here.
- Want to trade a specific sector? Check out my biotech penny stocks watchlist here.
Now, here are 8 top stocks to watch today…
Stocks to Watch Today #1: Focus Universal Inc. Common Stock (NASDAQ: FCUV)
FCUV is a tech company that develops wireless sensor devices.
The stock uplisted to the Nasdaq from the OTC markets on August 31. And on September 1 it had a massive short squeeze…
The stock spiked in the morning from roughly $6 to a high of $24.48 — a whopping 370%+ gain!
But these volatile short squeezes can be dangerous to trade — especially for new traders. The stock was halted multiple times on the way up and back down. At one point it halted around $12 and opened at $10. Later it crashed from roughly $24 to $20 in about a minute.
Those aren’t the kind of moves you want to get caught in. Listed stocks move FAST! Be prepared to cut losses quickly on any trade.
FCUV closed near its highs, so it could squeeze more shorts. But I wouldn’t chase it. The company could do a secondary offering after hours or in premarket to capitalize on the price increase. Traders can watch for a dip buy into a big panic.
Stocks to Watch Today #2: Evaxion Biotech A/S (NASDAQ: EVAX)
EVAX is a biotech that develops immunotherapies to treat various cancers.
The stock was a Twitter pump on September 1 and gained over 25% with high volume. It spiked from roughly $7 to a high of $9.60 in the morning. Then it tanked back to the $7.50s and closed near its daily lows. NEVER believe promoters on Twitter and social media.
It’s on watch for a morning panic dip buy.
Stocks to Watch Today #3: Takung Art Co., Ltd. (NYSE: TKAT)
TKAT operates an online platform to buy, sell, and trade art in China.
It’s an NFT stock that was on last week’s watchlist for a morning panic dip buy. But instead of panicking, the stock held up. It’s consolidating between roughly $10–$13.
The sector’s still hot, so it’s on watch for a multi-day breakout over $14.25.
Traders can also keep an eye on these NFT stocks — WISeKey International Holding AG (NASDAQ: WKEY), Dolphin Entertainment, Inc. (NASDAQ: DLPN), and Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV).
Stocks to Watch Today #4: PDS Biotechnology Corporation (NASDAQ: PDSB)
PDSB’s another biotech that develops cancer immunotherapies. It also returns from last week’s watchlist.
It’s another stock that was on watch for a panic dip buy. But instead, the stock continued to climb to new 52-week highs of $15.96 — with no news.
On September 1 the stock finally consolidated between $15 and $16. It could be losing steam. Traders can watch for morning panic.
Stocks to Watch Today #5: Vinco Ventures, Inc. (NASDAQ: BBIG)
BBIG’s another stock in the NFT sector.
It’s super volatile and has been trading crazy high volume over the last week…
The company released second-quarter financials on August 23. On August 27 the stock broke out and the next day it had a huge gap up. It broke out again on September 1, making new 52-week highs of $11.90.
StocksToTrade’s Breaking News Chat alerted a Form 8-K filing that afternoon. The filing notes the company entered into a warrant exercise agreement with an accredited investor at $9 per share.
Grab your 14-day trial of StocksToTrade with the Breaking News Chat for only $17 here.**
The stock tanked roughly a dollar per share after the news and it closed way off its highs. Traders can watch this one for a dip buy into any big panic.
How I Find Stocks to Trade
There’s no big secret behind how I find stocks to trade. I always tell students to look at the biggest percent gainers on StocksToTrade.
Full disclosure: I helped develop StocksToTrade. I also invested in it. I wanted a tool to help me search specifically for the low-priced stocks I love to trade. I’m proud of it, and I truly believe this platform offers the top tools for traders to find and research stocks of any price..**
STT has built-in watchlists, scans, beautiful charts, and all the indicators active traders need. It also has a social media feed and a news feed. And it includes broker integration so you can trade right from the platform.
I use it every day to find the stocks that fit my strategy — like volatile penny stocks with a catalyst and high volume.
And I credit the StocksToTrade Breaking News Chat feature for a huge portion of my over $1.1 million in profits in 2020.* The guys who run this service crank out breaking news FAST.
Try a 14-day trial of StocksToTrade with Breaking News Chat for only $17!
Frequently Asked Questions About Stocks to Watch Today
What Are the Best Stocks to Trade as a Beginner?
My favorite stocks to trade are penny stocks. I think they’re a great way for beginners to learn the trading process with a small account.
Can You Get Rich Trading Stocks?
Don’t come into trading with a get-rich-quick mindset. Trading is a marathon, not a sprint. It can be a lucrative career but it takes years of hard work and dedication to learn the nuances of the market — which is what I teach.
How Much Money Do You Need To Start Trading Stocks?
Only start trading with money you can afford to lose. You can start small. In fact, I teach traders to focus on education first to learn the process, then slowly scale up over time.
Is Trading Stocks Risky?
All trading is risky. No trader is right 100% of the time. That’s why I keep my losses small by cutting losses quickly.
Conclusion About Top Stocks to Watch Today
Remember to only use this list of stocks to watch as a guide. Dig deeper into why these stocks are on my watchlist. Use all my trading resources to build your trading education.
I want you to become self-sufficient.
I’m just training wheels. And I’ve had the privilege of working with many top traders in my Trading Challenge. It’s a proud moment for me when they prove they don’t need me anymore. They take my lessons and strategies and make them their own.
If you want to get the same education as those top traders, apply for my Trading Challenge. I don’t accept everyone. Honestly, I don’t have time for anyone who only wants to be spoon-fed ‘hot’ stock picks.
I teach the trading process, mindset, strategies, and patterns to help my students find their own way in the markets. If that’s your goal as a trader, apply today.
What do you think about these top stocks to watch today? Do you see potential trades? Let me know in the comments … I’d love to hear from you!
**Tim Sykes has a minority ownership stake in StockstoTrade.com.
*Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed are exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
The post Top Stocks to Watch Today: Thursday, September 2 appeared first on Timothy Sykes.