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Weekly Watchlist: 3 stocks under $5

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Today I'm trading options on TSLA and NFLX. Watch this video to understand how I'm trading them.


The IWM is starting to base and it's important to point out that small caps have outperformed all others 6 out of the last 6 times we've come out of a bear market. One big reason is they are not as vulnerable to the rising dollar due to less multinational revs.


NNDM had good news and so long as the IWM doesn't tank from here, I think the bottom is in on that one. I'm looking at $2.40 to act as support and swing this one to $3's from here. It's optionable too, so the December 16, 2022 $2.50 calls for $.25 look good to me as well, if it shoots to the middle $3's or $4 those will print nicely. Nevermind they have over $5 cash per share. Definitely a top pick of mine right now. 


LQMT is a long-term trade I own and I also like it as a swing trade from $.07-$.10. I think this company goes much higher. Check out this video. See that part on the newly designed homepage? I think they are making progress and hope to hit a nice win here soon both on a swing and long-term. Don't let the OTC tag fool you here, this little company has direct and indirect connections to Eontec, Apple, and Tesla just to name a few. Keep an eye on it.


IQ is my final name for today's very focused list. Also optionable like NNDM, I think this is a steal around $2. Monday's candle suggests a reversal off the lows and JP Morgan's $7 'Overweight' rating on it from back in September illustrates how big money feels here. UBS upgraded it to a buy the same month. Bottom line, to me this is a clear winner when the markets bottom, which I suspect they may have already done.


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I hope something good happens to you today.


Jason Bond



RagingBull, LLC
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