7 Top Stocks to Watch in September 2022

As summer ends, my top stocks to watch in September might do anything.

They might get back some of the momentum they had in the second half of August. Or they might fall off a cliff.

Meme madness is back in the markets, along with the volume smart traders love it for.

The downside is volatility. If you trade with a plan and limit your risk, your odds get better.

September’s market is going to be exciting for a lot of reasons. I’m watching meme stocks, IPOs, biotechs, and oil stocks to make sure I don’t miss the biggest one.

Read on for my September watchlist picks — and get ready for the end of summer vacation!

Top 7 Stocks to Watch in September 2022

It doesn’t take a genius to tell you that the first stock on this list will be worth more in five years than it is today…

But disciplined traders can limit their downside. You don’t need to go through a stock’s downswings to profit off its upswings.

What you do have to do is PAY ATTENTION. And you can’t pay attention to 16,000 stocks at once.

That’s why you need to have watchlists. Watchlists help you keep potential trades front of mind.

They also help you get to know the stocks you’re watching. With enough screen time, you’ll begin to understand a stock’s moves…

How its volume affects its price…

When to make your entries and your exits.

On the SteadyTrade Team, we make a watchlist every morning. Building your watchlist every day is the best way to get the highest-potential trades in your sights.

I also send out a NO-COST watchlist every Sunday. It covers some longer-range trade possibilities.

These are stocks that check some of my trading boxes…

I’m watching them to see when they can check the rest.

This September watchlist is dedicated to these big picture ideas.

As always, these are just ideas. I’m not necessarily trading ANY of these stocks…

I’m just watching them to see if they check the boxes for a good trade. That’s the biggest part of trading — understanding the setups that work best for you. 

Stocks to Watch in September #1: Minerva Neurosciences, Inc. (NASDAQ: NERV)

If it ain’t broke, don’t fix it.

And if NERV is still punishing fools on low-float squeezes, keep trading it.

NERV was making my premarket watchlists every day at the end of August. That coincided with a run of 380%!

Hedge fund mogul Stevie Cohen bought in early in the climb. He’s been called “America’s most profitable day trader.” The show “Billions” is loosely based on his life.

And he can still make a stock spike — the news of his 470,000-share purchase drove NERV stock up 70%.

That was two days after NERV submitted a new FDA drug application for roluperidone, its schizophrenia treatment.

NERV has a tiny float of under four million shares. Two catalysts like this were bound to send share prices up.

But I like what it did the day after the Cohen news even more. It consolidated, setting the stock up for a Friday squeeze.

It’s still rising, with no sign of slowing down. I wouldn’t be surprised if NERV stays in play for the foreseeable future.

Stocks to Watch in September #2: Bed Bath & Beyond Inc. (NASDAQ: BBBY)

We knew what was coming. From the very beginning, we knew how it was going to end.

This meme stock was targeted by traders because of its high short interest. Well, shorts were in it for a reason. And while I recommend caution when shorting meme stocks, the shorts saw it coming too.

On August 31, this money-losing chain hit the market with two pieces of bad news. First, they plan to dilute their stock with a new share offering. Second, the company will shutter 150 stores and lay off 20% of its workers.

On August 25, I told traders how to follow the big money in stocks. Well, the big money is out of BBBY now. But that doesn’t mean I’ll stop watching it.

Like Small Cap Rockets trader Bryce says in this video, I recommend caution…

I can promise you one thing. The BBBY rollercoaster hasn’t stopped.

Stocks to Watch in September #3: Indonesia Energy Corporation Limited (AMEX: INDO)

I told you oil and gas wasn’t dead!

Late August’s mini-run saw INDO attracting its highest trading volume since March. Geopolitics are just as big a driver as the market’s memory.

Russia is shutting down one of their European pipelines for unscheduled maintenance. This has prompted a surge in gas prices, and a good amount of panic in general.

Elsewhere, Iran’s proposed nuclear deal would return Iranian oil to world markets. The country has reserves of 157 billion barrels — 10% of the world’s overall oil reserves.

That seems like it would push gas prices down, right? Well, the Organization of the Petroleum Exporting Countries (OPEC) is planning to cut production so that gas prices don’t fall.

All of this uncertainty makes oil producers from different parts of the world more attractive. INDO gained more than 100% over four days in late August. It’s kept some of those gains…

Now it’s hanging around for the next run.

Stocks to Watch in September #4: Occidental Petroleum Corporation (NYSE: OXY)

Junky oil stocks not your thing? Check out this Warren Buffet favorite, surging to its highest levels in four years!

While we’re on the subject, happy 92nd birthday to the OG! It’s as good a time as any for this reminder…

99% of Warren Buffett’s wealth was built after his 50s. Don’t give up just because something isn’t clicking today. Understand that things take time, so trust not only the process, but yourself too.

— StocksToTrade (@StocksToTrade) April 25, 2021

It isn’t just oil prices that are driving OXY stock up. Warren Buffet’s deepening involvement has been a catalyst throughout the summer. 

The oil stock made its next leg up when Buffett’s company, Berkshire Hathaway, got regulatory approval to buy up to 50% of OXY shares. This might lead to Buffett’s largest takeover yet.

Stocks to Watch in September #5: Mobile Global Esports Inc. (NASDAQ: MGAM)

I always caution against trading IPOs from day one. They don’t have a chart. The market is still deciding their price … The process involves crazy volatility.

I don’t see an edge there.

But there’s no denying that low-float IPOs are one of the market’s hottest sectors right now. AMTD Digital Inc.’s (NASDAQ: HKD) crazy 12,900% gain led to similar pops in Magic Empire Global Ltd. (NASDAQ: MEGL) and GigaCloud Technology Inc. (NASDAQ: GCT) throughout August.

These are all Chinese IPOs, based in Hong Kong. MGAM isn’t Chinese, and its float isn’t as small as those other runners.

It still popped at the end of August, and has held onto most of those gains. Let’s see what else it has in the tank.

Stocks to Watch in September #6: Hempacco Co., Inc. (NASDAQ: HPCO)

Speaking of unpredictable IPOs, let’s spend a moment on HPCO!

I covered its parent company Green Globe International, Inc. (OTCPK: GGII) in my last weekly watchlist…

Get my NO-COST weekly watchlist sent to your inbox each week.

It was probably the first time an OTC stock made one of my watchlists in a year! My SteadyTrade Team students know all about my disdain for OTCs…

Sure enough, GGII is back at sub-penny levels after soaring more than 900%…

Why did it spike? A spinoff company, HPCO, was about to start trading on the Nasdaq.

HPCO’s first day saw it range between $7.41 and $41.80. Its next day trended even lower.

I don’t buy into the hemp buzz. I’ve been burned by the sector one too many times.

One thing I do believe in is GGII’s track record of pumps. While I don’t usually trade OTCs, traders like my mentor Tim Sykes have made good money on this stock.

Now that its spinoff company is listed, its pumps may have even more juice.

Stocks to Watch in September #7: Bright Minds Biosciences Inc. (NASDAQ: DRUG)

In August, biotech stocks soared.

Monkeypox was a sector-wide catalyst. Real stocks like SIGA Technologies, Inc. (NASDAQ: SIGA) and junky low-floaters like Blue Water Vaccines Inc. (NASDAQ: BWV) alike rode the momentum…

They’ve all trended down heading into September. So I’m looking in a different direction for this entry.

DRUG specializes in psychedelic therapy. It got a boost from BBBY trader Jake Freeman’s endorsement of MindMed Inc. (NASDAQ: MNMD)…

Then Seelos Therapeutics, Inc. (NASDAQ: SEEL) received a grant for research into psychedelic therapy for Parkinson’s disease, boosting the sector again.

DRUG’s sympathy runs were bigger than either stock. It managed to hold onto some of its gains even after the expected share offering…

It’s initiated Phase I trials for its anti-epilepsy drug. And the psychedelic sector on the whole has yet to benefit from the kind of irrational enthusiasm that boosted the marijuana sector, or even other biotechs.

I get it. Psychedelics aren’t going to put pressure on alcohol sales, even if they keep getting legalized. The diseases they treat, like depression and PTSD, don’t get the same headlines as COVID and monkeypox.

But mental health is gaining more visibility. And companies like DRUG and SEEL show that psychedelics may be able to treat physical diseases as well.

The future for psychedelics seems very promising. If you’re on the lookout for future sector leaders, DRUG is one to keep an eye on.

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 — the SteadyTrade Team.

Our trading community will bring you live webinars twice every trading day, weekly 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 will finish 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:

• Pre-Market Prep: On Mondays, my daily watchlist is free on StocksToTrade’s YouTube channel. Otherwise, you can get it by signing up to…
• 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.
• SteadyTrade Team: OK, I mentioned the SteadyTrade Team before. But did I tell you that we’ve probably got the best trading community out there? Our traders are collaborative and not competitive, and this helps when you’re learning from other traders.

Frequently Asked Trading Questions

Guys, there’s a lot more to learn. Let’s go a bit deeper… 

Isn’t It Risky to Trade Stocks and Penny Stocks? 

Never risk more than you can afford to lose. And never go into a trade without a solid plan. 

How Risky Is Short Selling? 

If you couldn’t tell from my short jokes, I don’t think shorting is for everyone. When you buy a stock, you can only lose the value of your position — when you short sell you can lose your whole account. 

How Much Money Do I Need to Start Trading?

There’s no set amount of money that you need. Just don’t risk more than you can afford to lose. Even if you take tiny positions, trading with real money will help your learning curve. 

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!