Hot sectors can create some of the best moves in any market. And we’re seeing that right now with some insane runners…
If you’ve missed the similarities between some of the latest big gainers, I’m going to break them down for you today.
That way when the next 100%+ gainer hits, you’ll know what to look for.
These are the kind of themes you have to look for in the market, whether it’s hot sectors, a hot pattern that’s working, or the time of day…
That’s how you put all the puzzle pieces together to create the best trade plans and nail your best trades.
So let’s get to it…
My Daily Market Profit alerts have offered traders the chance to catch 275% and 191% gains in the first two days of 2023.
See how my alerts can work for you here.
The Hot Sector Happening Now
A while ago in a SteadyTrade Team webinar and in the Daily Accelerator, I said that low float runners were back after Palisade Bio, Inc. (NASDAQ: PALI) had its big move in late November.
Since then we’ve seen a lot of low-float runners. But there’s another theme emerging … A potential hot sector outside of just low-float penny stocks…
What do all these stocks have in common? PALI is one of them too…
- Kala Pharmaceuticals, Inc. (NASDAQ: KALA)
- Hoth Therapeutics, Inc. (NASDAQ: HOTH)
- Baudax Bio, Inc. (NASDAQ: BXRX)
- 180 Life Sciences Corp. (NASDAQ: ATNF)
- Jasper Therapeutics, Inc. (NASDAQ: JSPR)
And yesterday’s spikers Vivos Therapeutics, Inc. (NASDAQ: VVOS) and Geron Corporation (NASDAQ: GERN)…
Some are in the biotech industry, others are into medical devices. But they’re all in the healthcare sector.
But there’s another thing that sets the big runners apart from the one-and-done spikers — breaking news.
KALA had news on December 28 and went on a five-day run from roughly $4.50 to $56.
HOTH announced FDA acceptance news when it spiked in premarket and at the open on December 29.
The day before ATNF took off, the CEO issued a letter to shareholders with company updates.
JSPR had news when it had a massive run on January 3.
Yesterday, VVOS announced FDA news which caused it to soar from roughly 83 cents to nearly $3.
GERN was also up on news yesterday in premarket — the company announced positive Phase 3 clinical trial results.
So six out of seven spikers all had news. The Breaking News Chat team alerted traders to KALA, HOTH, JSPR, and VVOS.
And six out of those seven spikers have low floats of fewer than 20 million shares. GERN is the only exception. So is it any surprise it couldn’t hold up yesterday?
I don’t think so.
Now you can see the hot sector you need to look out for. And the two factors that can help stocks have bigger moves.
If you want to be one of the first traders to see the breaking news that can move stocks — join our Breaking News chat room here!
Have a great day everyone! See you back here tomorrow.
Tim Bohen
Lead Trainer, StocksToTrade
P.S. I also alerted JSPR, ATNF, and VVOS with a trading plan that gave traders the chance to catch 466% gains in just two days! Get my next alert here!