Top Stocks to Watch Today: Key Takeaways
- Higher-priced biotechs are spiking on acquisition news and sector momentum.
- NFT stocks rally — TKAT leads the sector with gains over 60%.
- Reddit chat room favorite SPRT had a breakout and short squeeze. Does it have enough juice to squeeze higher?
Biotechs and NFTs are running on news and hot sector momentum. To capitalize on opportunities you MUST focus on stocks with the most potential. For me, that’s volatile big percent gainers with high volume. Get the top stocks to watch today and my game plan below…
- Clearside Biomedical, Inc. (NASDAQ: CLSD … Read our full analysis here.)
- Fulcrum Therapeutics, Inc. (NASDAQ: FULC … Read our full analysis here.)
- Takung Art Co., Ltd. (NYSE: TKAT … Read our full analysis here.)
- PDS Biotechnology Corporation (NASDAQ: PDSB … Read our full analysis here.)
- Virpax Pharmaceuticals, Inc. (NASDAQ: VRPX … Read our full analysis here.)
- Support.com, Inc. (NASDAQ: SPRT … Read our full analysis here.)
- Aditxt, Inc. (NASDAQ: ADTX … Read our full analysis here.)
- Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH … Read our full analysis here.)
Seriously, do you have the patience to wait for the absolute best setups to trade or are you an addict/gunslinger with far lower odds of success?!?!
— Timothy Sykes (@timothysykes) August 24, 2021
8 Stocks to Watch for Thursday, August 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
- 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…
Get the Stocks I’m Watching Delivered to Your Inbox
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.
👉🏼 SUBSCRIBE to my no-cost weekly stock watchlist here.
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 8 top stocks to watch today…
Stocks to Watch Today #1: Clearside Biomedical, Inc. (NASDAQ: CLSD)
CLSD is a biotech company that develops treatments for eye diseases and vision loss.
On August 23 the company announced that Thomas A. Ciulla, chief medical officer and chief development officer, will present at the Ophthalmology Futures European 2021 Virtual Retina Forum on September 8.
Read the full press release here.
The stock broke out of a channel above $6 on August 24. It could continue to climb and retest its 52-week highs of $7.29. And if it announces news at the presentation on September 8, that could be a future catalyst.
Stocks to Watch Today #2: Fulcrum Therapeutics, Inc. (NASDAQ: FULC)
FULC is another biotech company. It develops products to improve the lives of patients with rare diseases.
It returns to the watchlist for the third straight week. It had a huge two-day run after the company announced second-quarter earnings and business highlights on August 10.
It was on watch last week for a panic dip-buy opportunity. But the stock has held up and is consolidating around its 52-week high of $27.31. If it breaks out, we could see more upside. A breakdown could offer a panic dip buy.
Stocks to Watch Today #3: Takung Art Co., Ltd. (NYSE: TKAT)
TKAT operates an online platform to buy, sell, and trade art in China.
There’s no news on the company, but on August 25 the stock spiked over 60% as NFT stocks saw increased volume and momentum.
TKAT’s a former multi-day runner with a low float of roughly 10 million shares. It has volatile moves, so don’t get caught chasing. Traders can watch for a morning panic dip buy.
Other NFT stocks to watch include WISeKey International Holding AG (NASDAQ: WKEY), Dolphin Entertainment, Inc. (NASDAQ: DLPN), and Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV).
Stocks to Watch Today #4: PDS Biotechnology Corporation (NASDAQ: PDSB)
Yep, another biotech stock … PDSB develops cancer immunotherapies.
There’s no recent news on the company but the stock’s uptrending. It has four big green candles in a row and broke out to new 52-week highs on August 25.
I think it could be getting overextended. And I’d like to see it trade more volume if it’s going to push higher. Traders can watch for a dip buy opportunity, ideally into a big panic.
Stocks to Watch Today #5: Virpax Pharmaceuticals, Inc. (NASDAQ: VRPX)
Here’s another stock returning from last week’s watchlist. And yep, it’s another biotech company. VRPX develops products for pain management.
The stock had a huge two-day move on August 17 and 18. Then it gapped down to its first-day highs and is consolidating between $15 and $20.
Traders can watch for it to break above $20 for more potential upside. Or a breakdown below $15 could offer a dip buy into a big panic.
Stocks to Watch Today #6: Support.com, Inc. (NASDAQ: SPRT)
SPRT is a tech company in the crypto sector. It also has the support of Reddit traders who’ve been waiting for a giant short squeeze…
The squeeze happened on August 24 after the stock broke out to new 52-week highs. The next day it consolidated.
Without a catalyst to push the stock higher, traders can watch for a panic dip-buy opportunity.
Stocks to Watch Today #7: Aditxt, Inc. (NASDAQ: ADTX)
OK, back to more biotechs … ADTX develops technologies to improve immune system function.
The stock spiked over 90% on August 25 after the company announced it signed a letter of intent to negotiate the acquisition of another biotech company. The target company’s commercializing an oral COVID-19 antiviral therapy.
“The parties have agreed to an exclusivity period until September 30, 2021, with a view to settling the definitive agreement. However, there can be no assurance that a definitive agreement will be entered into or that the proposed acquisition will be completed as proposed or at all.”
Read the full press release here.
The stock held its gains well after the news. But I still wouldn’t chase it. Traders can watch for a dip buy opportunity and keep it on your watchlist for more potential acquisition news.
Stocks to Watch Today #8: Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH)
AUPH develops therapies for various diseases.
The stock has multiple green days in a row and on August 25 it had a multi-month breakout over $16.27.
It’s another stock I wouldn’t chase, especially since it has a history of big red days and no news. Traders can watch for a dip buy into any 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.
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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