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- 4 hot stocks under $3 for Tuesday
4 hot stocks under $3 for Tuesday
FWBI, SOFO, OLB, and MGIH rip higher
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Good morning, Jay here.
FWBI, SOFO, OLB, and MGIH are this morning’s hot stocks. I’m in OLB looking for $1.20 - $1.40 this morning.
FWBI is the strongest but also carries HIGH dilution risks so watch out for an offering soon. They burn about $3 million a quarter and are out of cash.
The livestream chat room was on fire Monday. Let’s try to do the same Tuesday. But be mindful of inflation data Tuesday and Wednesday morning as well as the interest rate decision Wednesday afternoon.
From 8-9 a.m. ET we have the Daily Strike where I’ll be live trading opening range breakouts. This is a great time to look for trades that could go onto be the biggest movers of the day. I’m often there from 7-10 a.m. ET but for busy professionals, 8-9 a.m. ET is the window where the magic happens.
Hidden Gems LQMT and VRAX are due for good news. LQMT rose +5.36% Monday on 162,927 volume while VRAX dipped -5.88% on 204,437 volume. Based on its news cycles and history of big spikes, I believe we’re likely to see a big move on VRAX soon. Maybe between $.80 - $2 is what I’m thinking.
Jason Bond Picks are my purest swing trades from the master watchlist. I am in NRDY and would like to get back into OTLY, FUBO, and VERI. These aren’t as volatile as the names above. But let’s see how the inflation read goes before taking on a lot of positions.
We are always trying to make 10%+ on these trades as quickly as possible. So if a stock I alert as a swing, runs big the same day, you should expect a sell alert as I look to put that fish in the boat.