Top Stocks to Watch in September 2023

My top stocks to watch in September 2023 aren’t investment vehicles. Every day, week, and month I survey the entire market, looking for stocks that are trending in one direction or another.

Even in slow months, there will be opportunities. Your job is to identify the stocks that have the potential to make moves and be ready to trade them if those opportunities come about.

My first goal is to show my students how to trade more safely. That’s what I do every day on the Daily Income Trader. And that’s what I’m doing here.

How do you protect yourself in the market? First of all, you have to realize that there are no sure things. These are just ideas. You watch the market to see what’s working and what isn’t.

Keep these stocks on your radar, but don’t let go of the wheel…

Top 7 Stocks to Watch in September 2023

My top 7 stock picks for September are:

• NASDAQ: ICCT — iCoreConnect Inc — The Daily Income Trader Alert Stock
• NASDAQ: AGIL — AgileThought Inc — The Bankrupt OTC Penny Stock
• NASDAQ: TSHA — Taysha Gene Therapies Inc — The Back-in-Nasdaq-Compliance Penny Stock
• NASDAQ: TIO — Tingo Group Inc — The Earnings Winner That’s Battling Off Nasdaq and Hindenburg Research
• NASDAQ: ACER — Acer Therapeutics Inc — The Biotech Spiker That Probably Won’t Dilute
• NYSE: FSLY — Fastly, Inc. — The Edge Computing AI Sympathy Play
• NYSE: CCJ — Cameco Corporation — The 52-Week-High AI Swing Play

Attention traders, the larger market is experiencing some weakness.

It’s mostly driven by a U.S. Government credit downgrade from Fitch Ratings.

And on August 8 we learned there are more credit downgrades on the way. Moody’s Investors Service announced a possible downgrade of six major banks.

Luckily, the stocks we trade (volatile small-cap runners) aren’t directly impacted by the larger market.

But over the years I’ve noticed an indirect relationship that’s important to understand.

When major indices show weakness, it leads to fewer plays in our niche.

There are still plays to make. But they’re fewer and further between. The spikes are usually smaller as well.

I know that’s not what you want to hear … but hey, at least I keep it real with you.

This industry is full of fake gurus that teach newbies bad lessons. Or worse, they exploit new traders to pump their own trades.

Here’s the bottom line … 

There might be fewer plays to make, but if we understand that concept we’re better prepared for any truly decent setups.

Take a look at the ones below … 

#1: iCoreConnect Inc (NASDAQ: ICCT) — The Daily Income Trader Alert Stock

My first penny stock pick is iCoreConnect Inc (NASDAQ: ICCT).

It first showed up as a daily income alert … 

I go live twice a day to show traders the hottest stocks in the market. And together we plan possible trade setups.

I do it once before the market opens. The second is at noon to prepare for afternoon opportunities.

I alerted ICCT at $7 on August 29.

By August 31 that trade opportunity reached more than 190%.

There are daily opportunities in this niche.

If you’re serious about trading, you should tune in for a live webinar.

There’s no pressure to trade, but trading without the right knowledge could be disastrous.

>> Here’s the link for the next Live Webinar <<

The price dipped after the spike.

But ICCT is still holding some of its gains … That consolidation could hint at higher prices in the future.

It’s not a guarantee, but that’s why we rely on popular patterns to mitigate the risk involved.

We’ll talk about some key patterns later in this watchlist … 

Understand that ICCT is a shining example of a red-hot biotech industry. Biotech stocks are always solid runners, but the sector isn’t always hot.

For the last few months, we’ve seen A LOT of biotech spikes. That makes our biotech trade conviction stronger.

Keep an eye out for more.

#2: AgileThought Inc (NASDAQ: AGIL) — The Bankrupt OTC Penny Stock

My second penny stock pick is AgileThought Inc (NASDAQ: AGIL).

This is a true penny stock that’s setting up nicely.

Overall, the company is garbage.

That’s a common theme in our niche.

But we don’t trade based on fundamentals. We trade based on hype.

Most people see AGIL as a failing company destined to delist and trade in the OTC market.

I see … 

• A decently low float.
  • The low share supply helps the price spike higher if demand increases. We aim for anything below 10 million shares. But this is an inexact science.
• True penny stocks HAVE been working.
  • Pay attention to patterns.
• The meme catalyst is alive and well.
  • Reddit forums are blowing up short sellers on trash stocks. Check out my Reddit watchlist here.
• Financial restructuring news on August 28.
  • Throw in a bullish catalyst amid all of this.

I’m not the only one who sees it … 

Other watchlists are touting AGIL as the new meme stock after some premarket volatility on August 30.

This is how it starts … Low at first. There’s just a rumble of something happening in the market. And as more people start to pay attention, it gets louder.

Watch this stock for future volatility.

But don’t trade without a pattern!

There are a few to choose from. Beginners should focus on one at a time. Otherwise, it could get confusing.

Watch my video below for a good pattern to start with … 

Add ICCT to your watchlist. Set an alert if you need to.

This thing could spike any day … 

#3: Taysha Gene Therapies Inc (NASDAQ: TSHA) — The Back-in-Nasdaq-Compliance Penny Stock

My third penny stock pick is Taysha Gene Therapies Inc (NASDAQ: TSHA).

On August 14 it announced $150 million of secured financing.

At the time, the stock’s market cap was around $130 million. Essentially, the company received more money than it was worth. Also … 

• It’s a biotech.
• The float is decently low.
• The news shows major value-added.
• It spiked in premarket.

It checks all the boxes.

Before noon that day, the price spiked more than 160%. But it didn’t stop there.

In true biotech fashion, it put in new highs while I typed this. The whole spike now totals more than 400%.

And no one knows how long it’ll keep going. The company keeps announcing press releases: On August 29 the stock regained Nasdaq compliance.

Eventually, these penny stock plays come crashing down. It’s important you know that. Don’t get married to these stocks.

The reason we still pay attention is because, in the interim, there are some pretty gnarly profit opportunities.

#4: Tingo Group Inc (NASDAQ: TIO) — The Earnings Winner That’s Battling Off Nasdaq and Hindenburg Research

My fourth penny stock pick is Tingo Group Inc (NASDAQ: TIO).

When I’m looking to trade a stock, a really good indication it could push higher is the history of spiking.

If the chart shows a multi-day spike in the past, it’s more likely to spike again.

Some people immediately skip to the idea that they should just hold shares of every former spiker ever … Don’t start thinking crazy.

There are a ton of penny stocks that spike in the market. It would be unwise to tie up capital in so many random sketchy stocks. Plus, sometimes the companies fail … 

Instead, it’s best to wait for bullish volatility and recognize the history of spiking.

Between March and May, TIO spiked more than 620%. That’s a multi-day move to keep on the watchlist.

Prices promptly fell off a cliff, but there could be more volatility soon.

Here’s what I’m watching:

• On August 29 it reported the Nasdaq had notified TIO that it did not file its quarterly report in time.
  • Sketchy stocks like to spike. Coming back into Nasdaq compliance could act as a bullish catalyst.
• On August 30 TIO rebutted a short seller investigation by Hindenburg Research.
• On August 31 it reported an 8,072% increase in net revenues for Q2.

The stock is way off of the highs from earlier this year.

But that’s good because we don’t want to buy an overextended piece of garbage.

We want to buy a piece of garbage at the beginning of a spike.

Make sure to keep an eye on this piece of garbage and pay attention if it starts to spike with high trading volume.

#5: Acer Therapeutics Inc (NASDAQ: ACER) — The Biotech Spiker That Probably Won’t Dilute

My fifth penny stock pick is Acer Therapeutics Inc (NASDAQ: ACER).

One of the biggest traps that exists in the stock market is stock dilution.

Here’s how it works … 

The company drops a hot press release. The price spikes. Then the company holds an offering and sells more shares.

The share dilution pushes prices back down. It essentially kills a solid stock spike.

Biotechs are known for this because they’re greedy little goblins.

They offer great profit potential when they’re spiking, but they also like to pull the rug out from under us.

With that in mind, I’m always looking for a biotech that might not dilute the stock.

ACER offers a great example of that. The company announced its forthcoming acquisition on August 31 for up to $91 million.

It’s logical to assume the parent company won’t offer any more shares because there’s massive restructuring at the moment.

The whole company just grew in value. There isn’t much of a reason to raise any more money.

Prices spiked over 180% after the acquisition news went public. And the float is still only 16 million shares.

If the float stays that low, we could see the price push even higher.

#6: Fastly, Inc. (NYSE: FSLY) — The Edge Computing AI Sympathy Play

My sixth penny stock pick is Fastly, Inc. (NYSE: FSLY).

This stock is in an AI-adjacent sector.

The great thing about the AI momentum right now is its ability to spike stocks in related sectors.

It’s like they say, a rising tide lifts all boats.

FSLY is related to AI through its content delivery network (CDN).

CDNs are necessary for firms that wish to provide quick and reliable internet content.

This is all very technical stuff. Here’s what you need to understand: AI relies on quick and reliable internet. Especially when it comes to user access for the masses.

All we have to do is identify the trend in this sector. And already nine months into the year, FSLY is on its way to the moon!

The stock just broke through highs in 2023 and extended its run past 200%.

And it likes to send out press releases: In mid-August, it announced an expanded business operation after it acquired Domainr, a domain name search company.

It reminds me of the common and desperate press releases in this niche. Any stock that plays the “look at me” game is one to keep an eye on.

Some of the biggest spikes come from speculation and hype.

I encourage these stocks to push out press releases. You never know when one is going to catch a spark.

#7: Cameco Corporation (NYSE: CCJ) — The 52-Week-High AI Swing Play

My seventh penny stock pick is Cameco Corporation (NYSE: CCJ).

This is a higher-priced stock.

That makes it a decent swing-trade opportunity because the intraday moves are muted due to the higher share price. But make sure to identify key areas of support and resistance.

Usually, we hone in on penny stocks because the potential return is greater.

But when it comes to the AI sector, a lot of the would-be penny stocks are already on multi-month rips.

And Cameco seems stable from a financial perspective.

The StocksToTrade platform shows it operates in the uranium-energy industry. Not only that, it’s one of the largest uranium producers in the world.

*Stop with the Yahoo Finance tabs. Try a 14-day trial of StocksToTrade for $7*

Energy, especially clean energy, is highly coveted by growing computation businesses that house AI-capable hardware.

Remember the amount of energy that crypto uses… the level of computer power necessary for AI capabilities is comparable.

On August 3, CCJ announced Q2 earnings and included revenue growth for the future. The earnings were a little stagnant but other watchlists I’ve seen are still bullish on CCJ in the long term.

I’m not investing based on promoter interest, I’m just gauging the market sentiment.

In 2023 the price is up more than 60%. Not bad for a higher-priced stock!

And the AI sector isn’t finished growing.

There’s a chance CCJ pushes higher.

What Do You Need to Trade Stocks?

The biggest thing you need to become a self-sufficient trader is something money can’t buy…

Patience.

Everything else is easy enough to come by.

Most brokers don’t charge commissions when you buy listed stocks — which is every stock on this list.

You can see the brokers I recommend here.

What else do you need?

You’ll need a trading computer and decent internet. You’ll also need a powerful trading platform like StocksToTrade…

StocksToTrade puts top-of-the-line charts and stock screening at your fingertips. It’s got a built-in news scanner that puts earnings reports and news that move stocks in one place.

We think you’ll see the difference immediately. Get your first 14 days here for only $7.

Then comes the hard part…

You need to learn patterns. You need to find out which strategies work for you. You need to put in screen time…

Paper trading is a good way to get your feet wet. StocksToTrade can do that too.

You need to make trading plans and track your trades. I know, it’s a lot. That’s why I’ve designed the best mentorship program out there — Daily Income Trader.

Our trading community will bring you live webinars, strategy sessions, and the chance to ask questions of me and other top traders.

My goal is to teach you how to think for yourself and trade through any kind of market.

Here’s one of the biggest things I teach you to do… 

How to Find Your Top Stocks to Watch: 5 Tips for Every Day

The best traders don’t believe in ‘hot stocks.’ They watch what the market is doing every single day.

There’s no trick to it. Building a daily watchlist comes down to five easy steps.

#1: Run Your Scans

You know what’s moving by setting your stock screener to pick up the right stocks.

I run scans all through premarket, looking for stocks up at least 10%, on decent volume and a catalyst that isn’t complete garbage.

The market is a game of supply and demand. A stock screener is the best way of measuring that demand.

#2: Know Your Catalysts

Crappy penny stocks will always have press releases and celebrity tweets when they’re running. It’s your job to know what’s fluff and what isn’t.

Luckily, it isn’t hard. Is the market reacting well to it? Then it’s probably decent news.

We have an add-on service specifically dedicated to the news that moves stocks. It’s called Breaking News Chat — and it can be your secret weapon. 

#3: Study the Charts

Studying charts can be the difference between randomly trading a stock and seeing a good entry.

How do I know that most days TSLA starts the day red it often finishes green? It’s because I’ve studied its charts.

#4: Look for Volume

Volume is the biggest indicator of price action.

You can trade a stock move with no news. But you probably don’t want to make a trade with no volume.

This is another thing to study when you’re looking at a chart.

Take a look at a stock’s biggest moves. How much volume does it get when it’s making a move? 

#5: Learn From Other Traders

Never copy another trader’s trades. If you’re last in on a trade, you’ll only make money by luck. And you sure won’t learn to trade for yourself.

The training we offer at StocksToTrade is designed to help you become a self-sufficient trader. We show you how we come up with our trade ideas, we don’t give them to you.

Profit and loss isn’t the mark of a good trader. It’s the planning and execution you put in.

We can help you get there in a few different ways:

• My Weekly Watchlist: On Sundays, my weekly watchlist is free on StocksToTrade’s YouTube channel.
• StocksToTrade Advisory: This is an intro to my trading approach — with premarket sessions, a weekly watchlist, and an in-depth monthly report.
• StocksToTrade Daily Accelerator: This is my no-cost daily newsletter, filled with mindset tips, the best plays of the week, and whatever else I think needs sharing.

Conclusion

I’ve shown you the work that goes into building a watchlist…

And I hope I’ve scared you enough that you don’t take these picks as recommendations!

Trading is something you do at the same time as millions of other people. Having stock picks is as silly as taking cue cards on a date…

And it works about as well.

Your trading success doesn’t depend on any ‘secrets’ I can tell you. The only thing it depends on is you learning about your own trading style.

Treat this watchlist as a starting point. Keep on working on your own watchlists until they fit the way you trade.

What do you think about the stocks I’m watching this month? Have you traded any of them? Let me know in the comments!