The overall market is pretty spooky right now.
Go take a look at the SPDR S&P 500 ETF Trust (NYSE: SPY) … it really took a dive.
However, if you’re a trader, you’re probably feasting in this market from all the opportunities.
There’s a lot of volatility in the penny stock world.
And I found two tickers that everyone should watch.
- They’ve got a history of spiking
- They’ve got a low float
- They’re below break-out levels
- They’re in hot sectors
And I think they’re poised to pop…
Huge Percent Gains
Trading penny stocks is way different from a normal investment strategy.
I’m not looking for 10%+ a year.
Watch This BEFORE 9:30AM!
Have you seen what Tim Bohen has been up to EVERY morning between 9:29 and 9:30am?
If not, click here now because he’s getting ready to do it again.
Do NOT wait to see this.
I’m looking for 10%+ in one morning.
Which means I use a completely different trading strategy than other people in the market.
Sometimes my trades only take a few minutes. It’s great because I don’t have to sit around with my money exposed all day.
But it also means I need up-to-date market data.
And free trading software displays prices 10-20 minutes late. That’s no good.
Don’t worry about the cost starting out.
Try the software I use and get a feel for it.
Here are the stocks you’ll want to watch…
AeroClean Technologies Inc. (NASDAQ: AERC)
This is a recent runner that just broke out and double topped at $18.
It’s running on FDA approval news.
Air purification technology isn’t as strong of a catalyst as it was at the beginning of COVID. But FDA approval is enough to get most low float stocks running.
And some countries continue to struggle with the virus. Public health is still in mind.
AERC chart Source: StocksToTrade
Houston American Energy Corporation (AMEX: HUSA)
This is a legendary spiker from March.
It’s an oil and gas play, and right now the price is consolidating above $6.
Inflation is still rising. And Russia’s war with Ukraine hasn’t been resolved. It’s likely that gas prices will continue higher.
HUSA chart Source: StocksToTrade
How To Trade These Spikers
Never trade without a plan!
Any trade can fail. That’s why it’s so important to choose the best patterns.
It gives me the best chance to profit.
But every trader is different, so I’ll give you three good choices…
Mark Croock and I both learned from Tim Sykes. But we trade totally differently.
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.
Prepare for profits,
Roland Wolf
Editor, The Wolf’s Den
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.
