Earnings winners are the top stocks to watch today. Again.
Yesterday we saw the overall markets getting crushed. It’s more important than ever to find your focus. Go back to the basics. Focus on stocks with a catalyst and high volume…
Right now it’s earnings season. Learn how to take advantage of it. (You can learn about earning reports and how to read them here.)
Reddit meme stocks are getting attention again … It’s why I always say watch former runners. They can spike and run again. Study history. Look back at charts…
It’s the same stuff I teach and talk about over and over … So study up!
Then trade safely in this bubble market.
Here’s my list of the top 10 stocks to watch today…
10 Stocks to Watch for Friday, February 26, 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
- 8 Day Trading Strategies You Need To Know
- Trading Plan: How to Create One in 2021 (Step by Step)
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: Stereotaxis, Inc. (NYSE: STXS)
STXS reported fourth-quarter earnings yesterday in premarket. The stock traded high volume and had a breakout to new 52-week highs following the news.
The stock closed strong even when the overall markets were getting crushed. Traders can watch for continuation to the upside.
Stocks to Watch Today #2: AMC Entertainment Holdings, Inc. (NYSE: AMC)
Stocks to Watch Today #3: Koss Corporation (NASDAQ: KOSS)
It’s another stock to watch today for a potential short squeeze. Traders can watch for a break above yesterday’s high of $35.05.
Stocks to Watch Today #4: Revolve Group, Inc. (NYSE: RVLV)
RVLV announced fourth-quarter earnings after hours on Wednesday. Yesterday the stock had a huge gap up and breakout over $41. And it was trading high volume.
After the initial morning spike, the stock dipped with the overall markets.
Traders can watch for the stock to find support and bounce. But keep an eye on the overall markets.
Stocks to Watch Today #5: Socket Mobile, Inc. (NASDAQ: SCKT)
SCKT also reported fourth-quarter earnings on Wednesday afternoon. Yesterday it had a huge gap up on high volume.
It’s another low float stock and a former runner. Traders can watch for the stock to find support and bounce. It could create a quick short squeeze since it’s volatile. But there could also be a lot of bag holders from its run-up to $35 last week.
Stocks to Watch Today #6: ChromaDex Corporation (NASDAQ: CDXC)
Yesterday the stock had a massive multi-day breakout over $10. This was a penny stock at the beginning of the month. And it’s had multiple green days in a row. It could be getting overextended — traders should use caution with this one.
Stocks to Watch Today #7: Esports Entertainment Group, Inc. (NASDAQ: GMBL)
The CEO of GMBL will attend multiple investor conferences in the upcoming months. Here’s the schedule. The first one was yesterday.
The editor of Citron Research also made these comments about the company.
The stock had a multi-day breakout over $20.74 and made a new multi-year high of $24.48. It has a relatively low float of around $12 million shares. Traders can watch for continued upside momentum.
Stocks to Watch Today #8: PubMatic, Inc. (NASDAQ: PUBM)
PubMatic, Inc. was on yesterday’s watchlist for a breakout over the previous day’s high of $62.84. The stock was running on earnings. It broke out yesterday morning and made a high of $74.65.
(Disclaimer: Past performance is not indicative of future returns.)
Like I said yesterday, earnings winners can run longer than you think. Traders can watch for more continued upside.
Stocks to Watch Today #9: MannKind Corporation (NASDAQ: MNKD)
Traders can watch for a multi-day breakout over $6.25. Ideally, with more volume.
Stocks to Watch Today #10: MP Materials Corp. (NYSE: MP)
MP is a mining and processing company for rare earth elements. Members of its management team will present at two upcoming conferences in March.
Yesterday the stock traded higher than average volume and had a breakout over $46.84. Traders can watch for continued upside.
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.
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.
(*Please note: My results are far from typical. Individual results will vary. Most traders lose money. I have the benefit of years of hard work, dedication, and experience. Trading is inherently risky. Do your due diligence and never risk more than you can afford to lose.)
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.
“name”: “What Are the Best Stocks to Trade as a Beginner?”,
“text”: “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. ”
“name”: “Can You Get Rich Trading Stocks?”,
“text”: “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. ”
“name”: “How Much Money Do You Need To Start Trading Stocks?”,
“text”: “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. ”
“name”: “Is Trading Stocks Risky?”,
“text”: “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.
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!
Timothy Sykes 2021-02-26 06:10:59