Howdy, traders! Happy Saturday. It’s Bryce here.

I hope you’re all doing well. I’ve been in an optimistic mood again lately. The way I see things is that all news is good news. It’s just information, and information is a tool.

Yesterday we got new info that the U.S. economy is smokin’ hot. Good to know. The Fed will have to pour more water on their wet blanket to douse the jobs market. 

Look, as a trader, I want people to be able to keep their jobs. But I also want them to learn how to trade as a hedge against tying up their security in things they can’t control. 

So here’s what we’re gonna do: 1) Listen to my latest advice for risk management and 2) Watch these tickers closely on Money Monday!

SIGA Technologies, Inc. (NASDAQ: SIGA)

SIGA is a repeat runner in the handful of tickers responding to monkeypox news catalysts. It’s been running, along with GeoVax Labs Inc. (NASDAQ: GOVX), Applied DNA Sciences Inc. (NASDAQ: APDN), and others ever since the news of Monkeypox first broke out. 

Along the way, we had a couple of states declare states of emergency over the virus. And now, the Biden Administration declared Monkeypox a public health emergency. 

I’m picking SIGA as the stock to watch because it’s the sector leader. Be careful because it has been more volatile. That said, this late in the game as far as the sector run is concerned, it’s best to pick the ticker with the most action. 

While GOVX and APDN did see some pops last week, they closed down and flat respectively. SIGA, however, closed up 19.67% on the day at $23.30. It touched $23.87 with its intraday high. Next week, look for a break above the $24 resistance level.

Intelligent Living Application Group Inc. (NASDAQ: ILAG)

ILAG was a breakout start on Friday. But not much is known about why. It’s a Chinese tech company and it closed a public offering back in mid-July. 

On Friday, it closed up 64.38% at $3.60. But the action didn’t stop there…

Within the first half hour of after-hours, it jumped to $4.39, taking out its intraday high of $3.85, and putting it up another 22%. Can it continue on Money Monday morning? Look for a break past any premarket highs that get set after the open. 

It is a recent IPO and those have been on a tear lately following the popularity of AMTD Digital Inc. (NYSE: HKD). You just never know which tickers will keep running into the stratosphere these days.

Trinity Resources Inc. (OTCMKTS: TRRI)

First, please note that this is an OTC stock and I typically like to stick with Nasdaq-listed stocks these days. But I definitely dip back into the OTC pool when the water looks warm!

Also, note that this could very well be overextended … but that’s a relative concept these days. Now that I’ve gotten my disclaimers out of the way, listen up. 

TRRI ran up a whopping 706.45% on Friday, closing at $1.25. And, fun fact, our very own Breaking News Chat alerted it when it was still trading at $0.85. It reached an intraday high of $2.23!

The catalyst was that it finalized the purchase of Alzex Biomedical Assets and Intellectual Property. Look for continuation on Monday and play it safe. Either dip-buy at support levels or look for a clean breakout above premarket highs.

Conclusion

The stock market’s influenced by so many factors that are external to the companies themselves. That’s why the best way to stay in control is to limit your time in the market. 

The changes from the 2020/2021 market to the first half of 2022 made me very grateful to be a trader rather than an investor. 

Now we’re at another pivotal point. Our mentor Tim Bohen wants to share the latest alpha with you on where the market’s headed next. Don’t miss out on his no-cost webinar this coming Monday — with a special guest!