Top Stocks to Watch Today: Thursday, July 15


I have seven higher-priced stocks to watch today.

Many are examples of the newest hot trends we’re seeing in the market — low floats and short squeezes.

They’re creating some of the most volatile moves we’ve seen in months.

And since many penny stock companies have huge floats with millions of shares, most of these spikes are happening in higher-priced stocks.

Once volume comes in — with or without a catalyst — it’s game on.

These stocks can soar multiple dollars per share in just a few minutes. But trading them isn’t for the faint of heart — they move FAST.

That means you must have the discipline to cut losses quickly. Or you risk dire consequences for your account. Short squeezes don’t last forever. You must trade like a sniper to take advantage of the quick upside moves. Then, move on to the next trade.

Always have a trading and risk management plan. And stick to it! Protect, protect, protect.

Here are the top 7 stocks to watch today.

7 Stocks to Watch for Thursday, July 15, 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:

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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For even more stocks to watch, check out these blog posts that I update weekly:

Now, here are 7 top stocks to watch today…

Stocks to Watch Today #1: SGOCO Group, Ltd. (NASDAQ: SGOC)

SGOC operates a loan business in China.

There’s no recent news on the company, but the stock had a giant move from the $2s to $29 in two trading days. It had one red day then bounced back to the upside.

There could still be shorts trapped. It’s trading high volume of roughly 100 million shares per day since starting its run.

Traders can watch for more potential squeeze to the upside. But be careful. Like I said, these stocks move fast. Be ready to cut losses quickly if you’re wrong.

 

Stocks to Watch Today #2: PLx Pharma Inc. (NASDAQ: PLXP)

PLXP develops delivery systems for medications.

On July 12 the company announced that its product, “VAZALORE the first and only U.S. Food and Drug Administration (‘FDA’) approved liquid-filled aspirin capsules, will be available in over 4,500 Walmart stores across the United States in mid-August.”

Read the full press release here.

The next day the stock gapped up on high volume and briefly made new 52-week highs. It’s consolidating around $16. Traders can watch for a potential multi-day breakout over $17.75.

 

Stocks to Watch Today #3: CorePoint Lodging Inc. (NYSE: CPLG)

CPLG owns U.S. hotels under the La Quinta brand.

After hours on July 13, the company released a second-quarter update and announced it will “explore strategic alternatives to maximize stockholder value.”

Read the business update here.

The stock gapped up the next day to new 52-week highs. Traders can watch for potential continuation to the upside.

 

Stocks to Watch Today #4: Wilhelmina International, Inc. (NASDAQ: WHLM)

Wilhelmina represents and manages models, athletes, entertainers, and various other clients.

It’s another company with no recent news. It’s caught up in the low-float, short-squeeze mania we’ve seen in the market recently. WHLM went from trading in the $4.80s to $9.38 on July 14. The stock has a super low float of around one million shares and traded over 50 million in volume.

This one has a history of failed one-day spikes. It’s on watch for a panic dip buy opportunity.

 

Stocks to Watch Today #5: MediaCo Holding Inc. (NASDAQ: MDIA)

MDIA owns and operates radio stations and outdoor advertising like billboards, across the U.S.

And yep, it’s another low float short squeezer with no recent news.

The stock has roughly one million shares in the float. On July 12 it traded over 80 million in volume and soared from $4.20 to $17.40. Since then, it’s had two big red days. Traders can watch for more panic to the downside and a potential dip buy opportunity.

 

Stocks to Watch Today #6: Peabody Energy Corporation (NYSE: BTU)

BTU is a coal mining company that operates in multiple countries.

The stock’s in a strong uptrend and on July 14 it broke out and made new 52-week highs of $11.79.

The company’s most recent news is from July 7 when it announced an “offer to purchase up to $13.281 million in aggregate accreted value of its 8.500% senior secured notes due 2024.”

Read the full press release here.

Traders can watch this one for more potential upside. But it’s not as volatile as others on this list, so swing for singles with any trades.

 

Stocks to Watch Today #7: U.S. Energy Corp. (NASDAQ: USEG)

USEG is another energy stock. It acquires and develops oil and natural gas properties in the U.S.

The stock spiked 80% midday on July 14 with no news. And yep, you guessed it, it’s another low floater. It has fewer than five million shares in the float. The move grabbed the attention of Twitter traders. Sadly, most of them got caught in the stock’s reversal…

After the stock spiked to $7.90 it quickly faded back to the mid $4s.

It has a history of failed spikes. Traders can watch for a potential dip buy opportunity into a big panic.

 

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.

penny stock checklist

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.





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