The bubble market madness continues. On February 8, there were so many plays I literally couldn’t keep up. The number of hot OTCs was CRAZY!
Just after 2:30 p.m. I looked at my top percent gainer scan and saw 16 hot OTCs up over 50% on the day. Another four OTCs were up between 44% and 47%. And these stocks weren’t thinly traded. Every stock was trading huge volume. Some of them had traded hundreds of millions of shares.
This is NOT a normal market.
But I’ll take it.
Check it out … This is the list of stocks. 15 of the 20 closed up over 50%. None closed less than 37% higher than the previous day. And they’re not even all the stocks I’m watching right now.
Note that this is just a list of stocks to watch. Always do your own research and due diligence before every trade. Learn from this insane action.
This truly is a wild market…
Table of Contents
20 Hot OTCs to Watch
Now check out the charts for the top closers…
4 Hot OTCs That Closed Up Over 100%
Therapeutic Solutions International Inc. (OTCPK: TSOI)
Therapeutic Solutions is developing a range of immune-modulatory agents to treat specific diseases.
TSOI spiked after the company reported positive preliminary data on a cancer treatment.
Here’s the TSOI 100-day chart:
Dark Pulse Inc. (OTCPK: DPLS)
Dark Pulse is a tech-security company focused on laser sensing systems. Its tech is used for border security, railroad, energy, aviation and mine safety.
DPLS spiked on news the company is building a manufacturing and engineering facility in Tempe, Arizona
Check out the DPLS 100-day chart:
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Innerscope Hearing Technologies Inc. (OTCPK: INND)
Innerscope Hearing Technologies is a manufacturer of hearing aids.
INND ran 345% last week. That got the attention of a popular penny stock website that featured it on a watchlist on Monday. The stock spiked more than 129%.
Here’s the INND 100-day chart:
Social Life Network Inc. (OTCPK: WDLF)
Social Life Network is an AI and blockchain powered social network and e-commerce platform for the cannabis industry.
WDLF spiked on February 5 after the company filed this 8-K. The filing updates shareholders about the company’s debt status. It continued to run on Monday.
Check out the WDLF 100-day chart:
6 Hot OTCs That Closed Up Over 70%
It’s crazy that there are this many runners. It truly is a GREAT market environment.
Exxe Group Inc (OTCPK: AXXA)
Exxe Group is a real estate, fintech, and private equity company. The stock is a bitcoin and blockchain sympathy play.
AXXA spiked 99% on Monday when bitcoin hit all-time highs after Tesla bought $1.5 billion worth.
Here’s the AXXA 100-day chart:
Viper Networks, Inc. (OTCPK: VPER)
Viper Networks is a manufacturer and distributor of LED lighting.
The company is ‘dark or defunct’ on OTC Markets. But a February 5 tweet implied an update to ‘current’ is underway. VPER spiked 92% on Monday.
Here’s the VPER 100-day chart:
Strikeforce Technologies Inc. (OTCPK: SFOR)
Strikeforce is a cybersecurity company. Its products provide two-factor authentication and keystroke encryption.
SFOR spiked after this press release promoting a podcast. On the podcast, the CEO talked about potential video conference security using the company’s software.
Check out the SFOR 100-day chart:
Ascent Solar Technologies Inc (OTCPK: ASTI)
Ascent Solar Technologies designs and manufactures flexible solar panels and other solar tech.
ASTI has been running since January when the company announced completion of a financing round. There’s also solar sector momentum.
Here’s the ASTI 100-day chart:
Hemp Inc (OTCPK: HEMP)
Hemp Inc. is an industrial hemp manufacturing company offering eco-friendly alternatives to petroleum-based products.
HEMP started running last week on talk of relaxing federal marijuana laws. A weekend tweet from Senator Schumer (D-NY) helped marijuana sector momentum this week.
Check out the HEMP 100-day chart:
Global Technologies Ltd (OTCPK: GTLL)
Global Technologies Ltd is a CBD and hemp eCommerce company.
GTLL had a multi-week and intraday breakout on February 5. It spiked 72% on Monday.
Here’s the GTLL 100-day chart:
A word of caution before you trade any of these stocks…
Higher and Faster Junk Is Still Junk
I often call myself a glorified history teacher. There’s a reason…
These kinds of runs won’t last forever. Those charts look beautiful. And if you use StocksToTrade, check the social media search tool. You’ll find a ton of so-called “due diligence” on why these stocks should keep running.
(I’m an investor in StocksToTrade and helped design it to fit the penny stocks I love to trade.)
Here’s my take…
Big congrats to all longs, this junk has run faster & higher than I've ever seen, but don't get too cocky thinking these kinds of runs will last forever…they won't, this is a bubble & this is what bubble price action looks like. 99%+ of the biggest penny stock runners will fail
— Timothy Sykes (@timothysykes) February 9, 2021
Do whatever you need to do to get the most out of this market. If you’re an experienced trader, you know what I mean. If you’re still learning, use this hot market to learn more, faster. In a hot market, you get to see running stocks day after day. Learn from them.
You can ignore my warnings & pretend like these companies with less cash than what I have in my wallet are actually quality, you can try to ignore historical stats/logic, but greed, laziness & naivety are far more costly than education & conservatism in the long run…YOU CHOOSE!
— Timothy Sykes (@timothysykes) February 9, 2021
Are you ready to learn? Check it out…
Trading Education Resources
My team and I have put together a TON of resources for you to learn. But it’s up to you to study. My top students all put in thousands of hours of study to be able to maximize this market.
Does that mean it’s too late to start? Let’s put it this way… what you do now determines whether you’ll be ready for the next hot market. Most of my top students watched a hot market and set a goal to prepare for the next. So now’s their time.
Will the next hot market be your time?
Here are the trading education resources I recommend:
30-Day Bootcamp
This is my top-rated guide, created with former Trading Challenge student turned mentor and chat room moderator Matt Monaco. Access the 30-Day Bootcamp here.
Trading Challenge
This is my most comprehensive and immersive course. Note: not all who apply are accepted. If you apply, be ready to work your butt off. Apply for the Trading Challenge here.
Trading Tickers 2
Tim Grittani just released the long-anticipated sequel to his now-famous “Trading Tickers” DVD. Note: I think it’s better to learn the strategies Tim presents in “Trading Tickers” first. “Access Trading Tickers” here and “Trading Tickers 2” here.
Profit.ly Plans
Check out the plans on Profit.ly — designed for any budget or level of experience. Learn more about available Profit.ly Plans here.
What do you think of the crazy number of hot OTCs in this market? Comment below, I love to hear from all my readers!
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