Happy St. Patrick’s Day, everyone!
Despite the holiday, the market’s not exactly green today. In fact, it’s gapping down pretty hard.
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But then again, we have the Federal Open Markets Committee (FOMC) minutes this afternoon. Could that turn things around?
I can’t say for sure. But as of the Pre-Market Prep session, it wasn’t feeling like the best day to get crazy aggressive.
Here’s what’s going on today…
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Today’s sketchy low floater? Zhongchao Inc (NASDAQ: ZCMD) … It’s a Chinese biotech that’s incorporated in the Cayman Islands. I talk about why my two options for a stock like this are to either ignore it or at least wait for the stock to prove itself before trading.
A lot of followers asked about Asia Broadband (OTCPK: AABB) … As of the Pre-Market Prep session, there wasn’t much volume. Nonetheless, I wouldn’t be surprised to see this one gap up, since OTCs are hot again. I talk about potential approaches to this play…
Timber Pharmaceuticals Inc. (NYSEAMERICAN: TMBR) was a junk runner last week. It’s fighting back this week. Still, I suggest being patient and waiting till mid- to late day. I think it could get sexy over $3...
When it comes to FSD Pharma Inc. (NASDAQ: HUGE), I love the name of this ticker … But the chart’s a disaster. If today was a more manic day in the stock market, I might be more aggressive on a play like this. But for today, I’ll pass.
Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP) has lots of overhead resistance. I hate to be Debbie Downer here, but I’m not feeling it unless it breaks $2. Even then I’m not super excited about it…
Cancer news can move stocks … So even though Immatics NV (NASDAQ: IMTX) only had a million shares traded during the Pre-Market session, it may be worth watching. As of the premarket, it was breaking out on the daily chart...
Plug Power Inc (NASDAQ: PLUG) has some news … but it isn’t so great. When you’re a high-flying stock that went from $5 to $70 and trying to pump yourself up, I see red flags. I explain my vote on a PLUG dip buy...
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*Tim Bohen teaches skills others have used to make money. 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 may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
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