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Top 3 Stocks For This Friday

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Written by Timothy Sykes
Updated 11/22/2023 6 min read

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  • SHOT+6.21%
    SHOT - NASDAQSafety Shot Inc.
    $0.50+0.03 (+6.21%)
    Volume:  2389
    Float:  47.07M
    $0.49Day Low/High$0.50

As the markets are set to close early today, most traders are already on their way to unwind for the weekend.  But not me!

The current market landscape is overflowing with opportunities that I simply can’t ignore.

Wednesday, stocks were soaring higher – 75%, 100%, even more than 150%!

Today, I’ll be keeping a close eye on those same stocks, ready to jump on any opportunity that unfolds.

Curious to know what those top 3 stocks are?

Keep reading to find out!

Stock #1 – Marpai, Inc. (NASDAQ: MRAI)

We’re starting to see so many of these beaten-down stocks come back to life…

And we’re not just seeing those one-day spikers anymore, we’re seeing them run higher day after day, turning into these multiday runners.

Just take a look at this chart.

Source: StocksToTrade

Earlier this week, MRAI was trading around $0.88 per share…

At the time I’m writing this, it’s trading over $3.10 per share!

That’s a 252% move!

You’re not going to find these types of moves trading large-cap stocks, and this is why I enjoy trading penny stocks so much!

Every time I see a stock soaring higher, I have to dig into it to see why it’s spiking higher…

This is something I teach all of my millionaire students to do every single day.  

MRAI was spiking higher from this latest news report.

At this point, I’m not looking to chase it, but it does remind me a lot of Safety Shot, Inc. (NASDAQ: SHOT)…

Take a look at this chart.

Source: StocksToTrade

I plan to watch MRAI closely to see if it can catch a lot of these over-aggressive short sellers off guard…

And with Friday being a short trading day, anything is possible as we tend to see more volatility within the stock market.

So today, keep a close eye on MRAI and be prepared for whatever may happen…

Because at any moment, it can offer the same opportunities as SHOT did on Wednesday.

Stock #2 – AgileThought, Inc. (NASDAQ: AGIL)

At the time I’m writing this, AGIL is up over 120%!

Here’s the chart…

Source: StocksToTrade

As it doesn’t look like much, there was a significant surge of volume on Wednesday, and I want you to pay close attention to that $0.25 price mark…

Short sellers started to hammer AGIL back down from that multimonth resistance area…

But what we’ve seen from SHOT and MRAI is that these over-aggressive short sellers still haven’t learned their lesson…

And AGIL could potentially be squeezed in the same way.

Now, no one can predict the future and I’m all about keeping a close eye on the price action.

Maybe the short sellers will be right with this one…

Because I have to admit, they’re usually right with their thesis and the majority of these penny stocks will fail…

But we aren’t trading them because they are great companies, we’re trading them for their volatility and quick moves on the way up to capitalize on…

Just like we saw with SHOT and MRAI.

That’s why I’ll be looking for that early morning panic on this recent runner…

More Breaking News

But if AGIL can trap these short sellers and it does squeeze higher, I won’t rule out taking a small position size on a solid breakout up to the $0.50 range.

Stock #3 – Cardio Diagnostics Holdings, Inc. (NASDAQ: CDIO)

I’ve been talking about CDIO for a while now, but this stock just keeps on going higher and higher…

Take a look…

Source: StocksToTrade

Right now CDIO is facing resistance around the $2.80 or $2.90 mark…

And at the time I’m writing this, it’s trading at $2.41 so I’m not looking to buy and hold or chase it at this point.

This pattern is very similar to the other stocks I’m watching, and it’s one of the newest trends I’ve seen over the last several days.

I’ll be keeping a close eye on CDIO to see if it can squeeze some of these over-aggressive short sellers out and send it above that resistance level, selling into to strength near $4….

But as anything can happen in this market, and I’m not always comfortable with trading short squeezes…

I’ll most likely be looking for that morning panic or intraday panic like we saw with SHOT, using that $2 mark as potential support.

Getting Ready

This is the time of year when we could potentially see some of these smaller-priced plays soar higher at any minute…

That’s why I continue to tell everyone to stay alert and to be sure they’re updated on current market events.

I want to help create more millionaire students…

And if you’re thinking of becoming my next potential millionaire student, you need to know where to start.

That’s why I continue to remind traders, no matter if you’re just starting or have been trading for a while…

To attend these FREE trading classes every week. 

What do you have to lose?

Click here to see what these FREE trading events are all about!

I’ll see you in chat.

-Tim

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Timothy Sykes

Tim Sykes is a penny stock trader and teacher who became a self-made millionaire by the age of 22 by trading $12,415 of bar mitzvah money. After becoming disenchanted with the hedge fund world, he established the Tim Sykes Trading Challenge to teach aspiring traders how to follow his trading strategies. He’s been featured in a variety of media outlets including CNN, Larry King, Steve Harvey, Forbes, Men’s Journal, and more. He’s also an active philanthropist and environmental activist, a co-founder of Karmagawa, and has donated millions of dollars to charity.
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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”

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