Top Penny Stocks List and Weekly Update: Key Takeaways
- First green day, on a Friday, before a holiday … but did it work? See stock #3 below.
- Crypto penny stocks are benefitting from NFT madness — see stock #1.
- One of these stocks was like watching a yo-yo last week…
You gotta love this hot OTC market! Enjoy the ride, but stay safe. And study my 7-step framework — it just keeps happening. The question is, are you ready? These are my featured stocks this week.
- AppSwarm Inc (OTCPK: SWRM … read my analysis here)
- MetalArts Co., Inc. (OTCPK: MTRT … read my analysis here)
- Cyber Apps World Inc. (OTCPK: CYAP… read my analysis here)
Closing Soon! Watch the Weekend Profits Webinar Replay Now
Top Penny Stocks List: September 7, 2021
Last week was amazing for OTCs. But a lot of people were focusing on the wrong stocks. Always pay attention to big percent gainers. Sometimes they’re one and done, so don’t get caught. When in doubt, get out.
These are the OTCs I’m watching this week…
And here are the listed stocks I’m watching…
3 Penny Stocks to Watch This Week
It’s all OTCs again this week. We’re seeing a lot of big runners spike and fail on day two. But some, like MTRT, are bouncing on day three. Will SWRM be the next to do so?
Top Penny Stocks List #1: AppSwarm Inc (OTCPK: SWRM)
AppSwarm is a mobile app developer. The company also has investment projects related to blockchain and crypto.
On September 2, AppSwarm announced plans to host Dogecoin nodes at its TulsaLabs facilities. TulsaLabs bills itself as a blockchain startup accelerator. AppSwarm is also an investor in DogeLabs.
DogeLabs CEO Tom Bustamante said, “Contributing nodes to the Doge network provides for faster transactions and more stable blockchain. As a firm focused on supporting the commercial possibilities around the Doge project, we plan to expand opportunities from applications, product integration, and potential mining operations if regulatory feasible.”
Read the full press release here.
Here’s the SWRM one-year chart…
SWRM spiked 77% on the September 2 announcement. Then it had a solid morning spike on Friday before fading the rest of the day to close down roughly 20%. Other OTCs (like MTRT below) have bounced on day three recently. So I’ll watch for a morning spike, ideally with news and volume. Especially if crypto continues to move higher. And I’ll watch for potential dip buys into any big panic.
Top Penny Stocks List #2: MetalArts Co., Inc. (OTCPK: MTRT)
Metal Arts is a shell company. It was also featured on my monthly watchlist. Keep in mind, that was before its huge spike.
MTRT started ramping after announcing a change of control on August 30. On September 1, it closed up 557% after being up as much as 785%.
On September 2, MTRT fell hard. But as you can see from the chart below, it had a huge bounce on Friday…
MTRT hit a 52-week high of $5.44 per share on Friday before pulling back again. I’ll watch for potential dip buys into any big panics. On Friday, it showed it has the potential to bounce big. For anyone considering MTRT as a swing, remember it opened on August 30 at 12.8 cents a share. It’s still up a lot.
Top Penny Stocks List #3: Cyber Apps World Inc. (OTCPK: CYAP)
Cyber Apps World is an app incubator company.
On August 4, the company announced it expected to beta test a fast food/grocery/courier app by the end of August.
As of Friday, there was no press release confirming the beta testing. But there was a lot of Twitter and chat room hype around a potential PR.
Here’s the CYAP 100-day chart…
CYAP has an ugly long-term chart. But Friday’s move saw it spike 166% with its highest ever volume. I’m watching for potential dip buys, but I’d love to see it make a multi-day run first. I traded CYAP on Friday, check it out in the trade review below.
Midday trading isn’t the best risk/reward. My sweet spots are the power hours — the first and last hour of the day. That said, if a stock is running with news and promoter hype, I don’t mind taking speculative trades. This week’s trade review is a good example…
CYAP wasn’t my biggest dollar win or biggest percent win last week. But it was a solid trade, managed well. Check it out…
Cyber Apps World Inc. (OTCPK: CYAP)
My thesis on this trade was simple. It had dipped off its highs but was holding up well. I thought it could hit new highs. My goal was to sell in the 16–17 cent range.
Here’s the CYAP chart with my entry and exit…
As you can see, this trade hit my goals in less than 15 minutes. I locked in the single for a 20% win and a $585 profit.*
Trading Mentor Q&A
This week I’ll answer three questions asked during a recent live trading and Q&A webinar. There’s so much misinformation out there. One of my jobs is to correct misconceptions. The first question is a good example
Student Question #1: “Researching online — I see you need $25,000 to invest in penny stocks. But someone here told me I only need $2,000. How is this possible?”
Because what you see online is full of crap. Welcome to why I teach.
You don’t need $25,000. I would say less than a third of my students start with more than $25,000. And I don’t think anyone should start with more than $25,000.
That misconception comes from the PDT rule. You get three day trades per week, which is more than enough in the beginning. You can hold a stock long overnight … every night. Most new traders just don’t realize it.
Student Question #2: “Organized pump & dumps were a huge topic in your early DVDs and many of your early successful students profited from them. The landscape is different now, what are some of the resources we can use to find blatant pumps?”
It blows my mind that I have to keep repeating this … StocksToTrade Breaking News.**
You have access to a resource above every other resource ever created for penny stocks. You have it at your fingertips. People say, “You know what? I just … I don’t know if I want it. No … no it’s…”
What are you talking about? StocksToTrade Breaking News is all you need.
Do you know why I’ve made roughly $1 million each of the last two years?* Yes, the market is hot. But also, STT Breaking News has revolutionized how I trade. It has made it SO much easier.
It astounds me that not every single person reading this is using it every second of every day. When there’s a revolutionary tool, use it. It doesn’t matter if you’re just starting. I don’t care if you know anything about trading.
Watch my “Holiday Trading Guide.” It’s about StocksToTrade Breaking News. You’ll see that it’s an amazing tool not only for trading but also to learn. I use it to see which promoters, websites, and chats are hot. It helps me to know which catalysts are moving stocks.
It’s the best indicator I know of to increase my education in real-time. Yes, I’m an investor in StocksToTrade. But I’m also a customer. It’s the most important tool in my arsenal right now. Use it.
IMPORTANT: StocksToTrade is running a Labor Day sale through the end of this week.
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Student Question #3: “My best plays are low float Nasdaq spikers at market open. So I limit my day trading to the first half. I’m afraid that when the market changes, my main day trading will change, too. Any tips?”
Stop worrying about what you can’t guess, predict, or control. Take it one trade at a time.
You might notice that I get a lot of questions like this…
“What’s gonna happen? What should I do? How should I react?”
Stop guessing and stop worrying. There’s nothing you can do to prepare for any market or pattern change. All you can do is trade what you see right now.
Take it trade by trade. If the pattern stops working, or if it works less, stop trading it as much or size down. If you do well on a pattern or setup, start trading it more or take bigger positions.
But no matter what…
Focus — and I mean really focus — on every single trade and learn from it. Then optimize over your next few trades.
What, you thought I was gonna do a Monday Motivation on Tuesday?
Seriously, I hope you enjoyed the day off yesterday. But I also hope you spent at least some of the day studying and preparing for this week’s trading.
Here’s a thought for the week…
The market is unforgiving. Disciplined trading is key to long-term success. And as you become more experienced and disciplined, you’ll likely have a win streak. That’s when you need to double down on discipline.
If you ever have a big win or go on a hot streak, others will begin to compliment you/worship so much that you might be tempted to believe the hype…BUT DO NOT GET AN INFLATED EGO! Because if you ever do get too cocky, the market has a way of bringing you right back down to size!
— Timothy Sykes (@timothysykes) September 3, 2021
It’s human nature. When you receive accolades or congratulations on success … you start to feel powerful. (Weird aside: Cult leaders believe their own BS because their followers praise them. It feeds their sense of power.)
So be careful, keep studying, and make it your goal to be a better trader every day. Ego is the enemy.
Karmagawa’s Afghanistan Fundraiser Continues
We’re still raising money to help the people of Afghanistan. Things were already bad enough. Now a Taliban judge supports the death penalty for LGBTQ Afghans under Sharia law.
This is WRONG. We need to help these people. Please…
Donate to Karmagawa’s Fundraiser to Help the Afghan People
We’re working with two amazing charities already on the ground. Help us support victims of this terrible humanitarian crisis. Then spread the word. Together, using social media, we CAN make a difference.
Are you looking for a simple strategy where you don’t have to watch every tick, all day long? Last week I launched Weekend Profits. If you missed the live webinar, watch the replay here.
Get my best-selling book “An American Hedge Fund” here at no cost.
For the basics of my strategies, read “The Complete Penny Stock Course.”
And if you think you have what it takes, maybe the Trading Challenge is for you. Only apply if you’re willing to study hard. It’s not easy, but it’s where all my top students refined their skills.
**Apply for the Trading Challenge Today**
Trading Challenge students also get access to my daily watchlists. All successful traders make their own watchlists. Studying mine (and those of other successful traders) is a good start, but you need to learn…
How to Create Your Own Penny Stock List
Answers to watchlist FAQs…
How Can You Create Your Own Watchlist?
To start, look for big percent gainers. For two decades, big percent gains have been my #1 criteria. After that, I look at trading volume and a catalyst or reason behind the price action. Read “Stock Watchlist Guide: Tips & Examples to Develop Your Own” for details about the entire process.
Should I Create a Watchlist Every Day?
All serious traders create a daily watchlist. If you’re serious about trading penny stocks, making a daily watchlist is essential.
Does Tim Sykes Provide a NO-COST Watchlist?
Yes. Subscribe to my weekly penny stock watchlists below.
How to Use the Top Penny Stocks List Weekly Update
When you read the weekly penny stock list (and the monthly watchlist), don’t think of them as hot picks. Frankly, sometimes they’ll be duds. That’s why it’s called a watchlist. Welcome to penny stocks.
👉🏼 SUBSCRIBE to my NO-COST weekly stock watchlist here.
It all starts with looking for big percent gainers. Try to figure out why I’ve put the stocks on my list. Study so you can help yourself become a self-sufficient trader. Only fools chase hot picks.
What do you think about this penny stocks list and weekly update? Comment below, I love to hear from all my readers!
*While Tim Sykes has enjoyed remarkable success trading stocks over the years, his primary income derives from the sale of financial education products and subscription services offered by various businesses and websites in which he has an ownership stake.
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.
**Tim has a minority ownership stake in StocksToTrade.com.