The doom and gloom headlines arenât stopping these⦠                                                                                                                                                                     Good Morning! The mainstream media is pushing a bunch of doom and gloom after the collapse of SVB Financial Group (NASDAQ: SIVB) and Signature Bank (NASDAQ: SBNY). When Mondayâs opening bell rangâ¦they wanted you to believe the world was ending⦠But the market is still here. And many banking stocks are bouncing from their lows. The crazy thing is it had almost ZERO IMPACT on penny stocks. And thatâs the beauty of penny stocks, they are like an uncorrelated asset class. In fact, if youâre a penny stock trader, the last week has been business as usual⦠You have two options, buy into the fear that the overall market is doomed. Or trade an asset class that is providing traders with bountiful opportunities daily. Hereâs whatâs on my radar⦠Penny Stocks To Watch Ainos, Inc. (NASDAQ: [AIMD]( was the [most liquid]( low-float stock on [Oracle]( yesterday. It became my number one watch but we didnât get the follow-through to the high $1 like I was hoping. But it was day one ... And we know those havenât been the best plays right now. The stock chopped around [VWAP]( for most of the day but it's still up roughly 70%. Today it's a watch for breaks above yesterdayâs high. AIMD chart: 1-day, 2-minute candle â courtesy of [StocksToTrade.com]( Crypto stocks Marathon Digital Holdings, Inc. (NASDAQ: [MARA]( and Riot Platforms, Inc. (NASDAQ: [RIOT]( have been in play this week with bitcoin bouncing. Traders think crypto could be considered a safe haven from the negative banking headlines. There could also be increased confidence with the [bailout announcement for depositors]( in SVB and Signature banks. MARA chart: 3-day, 2-minute candle â courtesy of [StocksToTrade.com]( RIOT chart: 3-day, 2-minute candle â courtesy of [StocksToTrade.com]( Ambipar Emergency Response (AMEX: [AMBI]( is a SPAC that spiked over 250% yesterday. [SPACs]( have been hot as weâve seen with the runs in Intuitive Machines, Inc. (NASDAQ: [LUNR]( Ocean Biomedical, Inc. (NASDAQ: [OCEA]( and EUDA Health Holdings Limited (NASDAQ: [EUDA]( recently. AMBI could be the number-one watch today if we get news or it regains key levels in premarket. AMBI chart: 1-day, 2-minute candle â courtesy of [StocksToTrade.com]( As you can see there are still a ton of potential plays in penny stocks. [Stick to your process]( and patterns and tune out the noise from the overall market. If you want more of my watchlists, game plans, and market insights â [join StocksToTrade Advisory](. Have a great day everyone. See you back here tomorrow. Tim Bohen Lead Trainer, StocksToTrade sponsored [This 24-Year-Old Went From Broke to $1.4 Millionâ¦]( 24-year old Matt Monaco was like most college students. Studying in college, broke, and worried about landing a 9-to-5 job⦠until he discovered this 3-Step System! After only two years Matt collected over 1.4 MILLION dollars from trading⦠And itâs all because of something called âOracle.â [Go here now to find out how you can start following Oracleâs 3-Step System today.]( sponsored The Chat Room That Has Alerted to Stocks With Gains of 55%, 98% and even 138%... Every day, two successful small cap traders are alerting to their trades in real-time so you can understand their strategies. [Learn more about this exclusive chat room today.]( Recommended Membership Gifts ACCESS NOW: Click to activate these complimentary membership gifts and receive daily market intel. [To The Moon Report Weekly Stock & Crypto Watchlist]( [Mark Croock Evolved Trader Daily](
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