Welcome back to the Wolf’s Den,
The overall market’s a little sketchy still. Economies continue to struggle and battle inflation.
The good news is, while larger stocks bounce around, there are massive spikers in penny stock land.
And spikers create opportunities to profit.
You might be thinking, “How can stocks spike in a down market?”
Penny stocks spike when there’s hype. And there will always be hype in the market. Because people are always looking to make money.
As a trader, my job is to follow the hype.
I found four stocks that are moving right now! And each one is driven by a specific kind of hype.
What Spikes Stocks
I’ll give you these tickers for free … but I’m not always gonna be here.
Don’t get me wrong, I love trading. I’m not gonna stop anytime soon.
But this niche moves fast. And I only send out three letters a week.
Proprietary Algorithm Forecasts The 20 Hottest Stock Movers … before the market opens!
Traders have seen stocks move 35%, 72% and 275%+ within a day, by replacing shady “mainstream” watchlists
See what I mean? You’re missing out on some nice trades just because you don’t know which news to look for.
My mentor, Tim Sykes, filmed a video about catalysts when we were in Italy. And two of his other millionaire students are in it as well. Sykes has over two dozen millionaire students now.
Watch this video to discover the power of catalysts…
If you’re really serious about learning to trade these 100%+ spikers, consider joining Tim’s Challenge.
Every single one of Sykes’ millionaire’s started in the Challenge.
Now let’s look at some stocks.
The 4 Hottest Stocks Right Now
These are the tickers I’m watching. I might not trade them.
My strategy is to sit in cash and wait for the perfect setup.
It’s worked pretty well for me so far … here’s the proof.
Here are the tickers I’m stalking.
#1: Evofem Biosciences Inc. (NASDAQ: EVFM)
Sector momentum spiked this stock.
The recent Supreme Court decision concerning national abortion laws is the source of hype. And since EVFM is a biotech stock that works in women’s healthcare…
I’m watching to see if it continues higher.
EVFM chart Source: StocksToTrade
#2: NeuroSense Therapeutics Ltd. (NASDAQ: NRSN)
This biotech stock released positive news about ALS data.
You can see when the news came out on the chart. It’s the green bubble furthest to the left.
These charts are from StocksToTrade. It’s built specifically for traders.
The price is consolidating sideways above $2.25 right now. That’s a great sign.
NRSN chart Source: StocksToTrade
#3: Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT)
This stock is in a hot sector, electronic gaming.
And it spiked on news that it terminated a shelf offering. A shelf offering would’ve diluted shares, which makes each share less expensive.
It’s not the greatest catalyst in the world. But the chart is trending up. So I’ll keep an eye on it.
BHAT chart Source: StocksToTrade
#4: Femasys Inc. (NASDAQ: FEMY)
This is another women’s healthcare play.
The chart’s pretty volatile. I’d be extra careful with this one.
FEMY chart Source: StocksToTrade
How To Trade These Stocks
Never trade without a plan!
Any trade can fail.
Trading with the best patterns gives me the best chance to profit.
But what works for me might not work for you. Every trader is different.
As an example, Mark Croock and I both learned from Tim Sykes. And the three of us all have different strategies.
If you’re into options trading…
If you like trading listed penny stocks like me…
Here’s my favorite pattern:
And I’ve got to include Sykes’ favorite pattern. He’s the reason Mark and I are millionaires.
Let’s take safe profits!
Get in on the action,
Roland Wolf
Editor, The Wolf’s Den
“Learn How to Make Short-term Trades Based On Breaking News…”
Tim Sykes has spent years of his life learning the ins and outs of trading penny stocks. Now he spends his time teaching others how to trade in a chaotic market.
Most people ignore penny stocks because they think they’re all scams.
And… most of them are.
But…
If you see the con coming, you can prepare, get ready, and take advantage of it over and over again.
Find out what’s possible with the right mentor on your side.
Apply for the Trading Challenge now…
All content in this newsletter is intended for educational and informational purposes only.
The material in this newsletter is not to be construed as (i) a recommendation to buy or sell stocks, (ii) investment advice, or (iii) a representation that the investments being discussed are suitable or appropriate for any person. No representation is being made that following The Wolf’s Den’s strategies will guarantee a particular outcome or result in profits. The price and value of stocks may fluctuate depending upon various market factors, and, as such, the strategies used by The Wolf’s Den to adjust for those fluctuations may change without notice.
There are significant risks associated with trading stocks and you must be aware of those risks, and willing to accept them, in order to invest in these markets. Past performance of any trading system or methodology is not indicative of future results. You should always conduct your own analysis before making investments.
You should not trade with money you cannot afford to lose and there is a risk that trading stocks will result in a complete loss of your investment. Trading stocks, particularly penny stocks, is not suitable for everyone and requires hard work, due diligence, capital, and substantial time to monitor the market and timely execute trades.
