5 things to look for to catch big percent gains

Want to know what’s working in the market right now?

The best way to do that is to break down the recent runners and find common themes.

Themes don’t just have to be hot sectors, either. Stocks can have plenty in common. And those commonalities can spark runs in similar stocks in different sectors.

So don’t miss today’s lesson… 

I’ll break down the themes in three of this week’s biggest percent gainers so you can learn how to spot the next one.

Want to learn how to find the top stocks to watch? Watch the video below:

Three Big Gainers That Equal 488%

Here are three of this week’s biggest gainers:

• Sunshine Biopharma, Inc. (NASDAQ: SBFM)
• Advent Technologies Holdings, Inc. (NASDAQ: ADN)
• Momentus Inc. (NASDAQ: MNTS)

Collectively they gained roughly 488%. How can you capitalize on those kinds of percent gains? 

Go back and dissect the moves and the reason behind them. You’ll find these three big runners have five things in common… 

Let’s break them down individually, then I’ll tell you how you can use these common themes going forward…

Sunshine Biopharma, Inc. (NASDAQ: SBFM)

We’ve talked about SBFM a lot in Pre-Market Prep and the SteadyTrade Team.

From its closing price of $2.26 on Monday to its $9.87 high yesterday, it gained 336%! (It squeezed even higher after hours.)

It’s a small-cap stock with a $61 million market cap and fewer than 7 million shares in the float. 

In premarket on Tuesday, it announced its mRNA molecules destroy cancer cells. And after the news announcement, it traded over 100 million shares in volume. 

As I’ve said here in the past, biotechs with cancer news can run higher than you think. But sketchy biotech penny stocks are day trades only! 

Now, let’s break down Wednesday’s big runner…

Advent Technologies Holdings, Inc. (NASDAQ: ADN)

ADN also traded in the $2 range before it gapped up on news. On Tuesday it closed at $2.02. On Wednesday the company announced a partnership with Hyundai.

The stock traded over 160 million in volume that day and gained 96%. ADN has roughly 30 million shares in the float and a $66 million market cap. 

That brings me to yesterday’s big runner…

Momentus Inc. (NASDAQ: MNTS)

Have you noticed a theme yet? If you do, it should be a no-brainer why MNTS was my number one pick yesterday…

It had buzzwordy news with SpaceX. And we already saw how news related to Elon sparked Twitter, Inc. (NYSE: TWTR) earlier this week … It’s a hot market theme. 

MNTS also traded at the same price point as the other runners — on Wednesday it closed at $2.95. But after announcing the SpaceX news, it gapped up and made a high of $4.74. That’s a 55% gain!

MNTS also has a relatively low float and a small market cap. Here’s why it all matters…

5 Things to Look For to Catch Big Percent Gains 

So what’s the common theme between SBFM, ADN, and MNTS? Even though they’re not in the same sector, all these stocks had plenty of similarities…  

They checked all the boxes: 

• News
• Relatively low float
• High Volume
• Price
• Small market cap

You can take one step further and see that they all trade on the Nasdaq. 

So how can you use this information going forward? 

Look for Nasdaq small-cap stocks trading around $2 with a relatively low float and news. Then watch for high volume to come in and one of our patterns.  

You don’t have to overcomplicate trading. 

If you need help keeping it simple, join me in the SteadyTrade Team for twice-daily webinars. 

I break down all my trade ideas before the market opens. So you know what to watch for, and where to enter and exit. It doesn’t get any simpler than that…

See you in the chat room. And I’ll be back at it here tomorrow. 

Tim Bohen

Lead Trainer, StocksToTrade