Reddit and FinTwit pumps, biotechs, and retail stocks are the top stocks to watch today.
We’ve seen so many huge runners this week — I love all the opportunities. But there have also been plenty of losers and crashes…
That’s why I always warn traders to expect the worst out of every company. That way you won’t be disappointed.
Unfortunately, not everyone listens to me. They’d rather listen to the promoters who tell them to hold losing positions. No thanks.
I’ve been in this game long enough to know better. And it doesn’t matter if you trade OTC stocks or listed stocks. Companies can still dump shares on retail traders at any time.
So don’t fall for any of the BS. And don’t listen to uneducated traders in chat rooms and Twitter that say a stock’s going “to the moon.” Take your profits when you have them or cut losses quickly and move on to the next opportunity.
Here are the top 10 stocks to watch today…
The most insane part about teaching responsible stock trading is NOBODY wants to listen at first, they prefer believing promoters & being gunslingers. Only AFTER giant losses/collapses are they willing to actually study/learn. I wish I could help sooner, but it’s ALWAYS the same
— Timothy Sykes (@timothysykes) June 23, 2021
10 Stocks to Watch for Thursday, June 24, 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…
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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.
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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 10 top stocks to watch today…
Stocks to Watch Today #1: SkyWater Technology, Inc. (NASDAQ: SKYT)
SKYT is a tech company that specializes in services for microelectronics.
It’s a recent IPO that will join the Russell 3000 index on June 28.
It has a low float of fewer than 10 million shares but also trades low volume. Watch position size if you trade this stock. Traders can watch for a potential breakout over the recent high of $34.43.
Stocks to Watch Today #2: Entera Bio Ltd. (NASDAQ: ENTX)
ENTX is a biotech company.
On June 23 the company announced positive data from its Phase 2 clinical trial for its potential treatment for osteoarthritis.
“The most important BMD endpoint — change in lumbar spine (LS) BMD after 6 months — was met. There were statistically significant dose-related trends in the increases in LS BMD as well as femoral neck and total hip BMD, with the largest increases observed in subjects treated with EB613 2.5 mg.”
Read the full press release here.
The stock had a huge gap up from $4.49 to $7.21 on high volume. It’s another low float stock so it could have another volatile move. Traders can watch for a potential short squeeze.
Stocks to Watch Today #3: Loop Industries, Inc. (NASDAQ: LOOP)
LOOP is a plastic and polyester fiber recycling company.
On June 23 the company announced a large Asian conglomerate will take a 10% stake in the company.
“Loop and SKGC intend to form a joint venture with exclusivity to build sustainable PET plastic and polyester fiber manufacturing facilities throughout Asia, which accounts for approximately 60 percent of the world’s population, making it a key market in terms of plastic manufacturing, consumption and waste.”
Read the full press release here.
The stock’s been trading high volume since it released fourth-quarter financial results on June 1. After the joint venture news, the stock made new 52-week highs of $18.20. It’s a volatile stock. Traders can watch for more potential upside.
Stocks to Watch Today #4: Moxian, Inc. (NASDAQ: MOXC)
If you’ve been following this watchlist for a while, you’ll remember MOXC from last month when it went from the $7s to $24. It’s a Chinese tech company that operates a social media and business platform.
On June 21 the stock traded high volume and went from roughly $10.50 to almost $20. The next two days it held up and briefly broke above $20. There’s no recent news to account for the move.
It’s another volatile stock. But without a news catalyst, I wouldn’t chase it. Traders can watch for a morning panic dip buy opportunity.
Stocks to Watch Today #5: Stratasys Ltd. (NASDAQ: SSYS)
SSYS is a tech company that offers 3D printing systems.
It ran on June 22 as a sympathy play to news that 3D Systems Corporation (NYSE: DDD) and CollPlant Biotechnologies Ltd. (NASDAQ: CLGN) are teaming up to print “3D bioprinted regenerative soft tissue matrix for use in breast reconstruction procedures in combination with an implant.”
Read the full press release here.
SSYS is a former multi-day runner. Traders can watch for it to break out over $26.33 but watch the overall sector for momentum.
Stocks to Watch Today #6: Tupperware Brands Corporation (NYSE: TUP)
I think we all know what Tupperware is. The company trades in the consumer cyclical sector.
It had a huge gap up on June 22 after the company announced a $250 million stock buyback plan and prepayment of millions in debt.
Read the full press release here.
The stock’s consolidating as of this writing but looks like it’s struggling to hold its gains. Traders can watch for a panic dip-buy opportunity.
Stocks to Watch Today #7: Clover Health Investments, Corp. (NASDAQ: CLOV)
CLOV is a U.S. health insurance provider. It was trending on Reddit last week. It’s still getting mentions, but the stock is a long way from its recent highs.
On June 22 it bounced and had a green day. The following day it gapped up and consolidated. I think there are too many bagholders in the stock for it to gain momentum. Traders can watch for a dip-buy opportunity into a big panic.
Stocks to Watch Today #8: ContextLogic Inc. (NASDAQ: WISH)
WISH is another consumer cyclical stock. It operates an international e-commerce platform.
It had a ton of attention in Reddit chat rooms and on FinTwit to start the week. It traded massive volume but hasn’t managed to break out over $15. But shorts haven’t pushed it down much either…
It’s consolidating between roughly $13 and $14. If it breaks above $14.40, traders can watch for a breakout over $15. Or if it breaks down below $12.90, traders can watch for a dip buy opportunity into any big intraday panic.
Stocks to Watch Today #9: Atossa Therapeutics, Inc. (NASDAQ: ATOS)
ATOS is a biotech stock that develops potential oncology and infectious disease treatments.
It’s a favorite in the Reddit penny stock chat room. But some traders have reportedly taken profits to put into other stocks.
On June 22 the stock traded high volume and broke out to new 52-week highs of $7.66. But the next day, it gapped down and didn’t hold the breakout level. It’s had multiple green days in a row, so I wouldn’t chase it. Traders can watch for a dip-buy opportunity into a big panic.
Stocks to Watch Today #10: Express, Inc. (NYSE: EXPR)
EXPR is another company that operates an e-commerce platform. It offers apparel and accessories.
It’s running along with other retail stocks on increased consumer spending. And it’s another former Reddit favorite that’s gaining more attention.
The stock’s a former runner, but it’s not trading near the volume it did when it made big moves. Traders can watch for a panic dip-buy opportunity.
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.
*Tim Sykes’ trading results are not typical and do not reflect the experience of the majority of individuals using the services and products offered on this website. From January 1, 2020, to December 31, 2020, typical users of the products and services offered by this website reported earning, on average, an estimated $49.91 in profit. This figure is taken from tracking user accounts on Profit.ly, a trading community platform. Timothy Sykes has a minority shareholder interest in the platform
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