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4 Top Penny Stocks To Watch With The Stock Market Down Today

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Why Stocks Are Down Today & 4 Penny Stocks To Watch Moving Against This Trend

Thanks to concerns over the omicron variant and speculation on this week’s fed decision, the stock market is down today. While that doesn’t seem to matter to the traders buying penny stocks today, it has impacted sentiment.

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Why The Stock Market Is Down Today

First thing’s first, why is the stock market down today? Following a strong close last week, stocks initially traded lower on December 13th, thanks to news from the U.K. that it was facing a “tidal wave” of infections from the new omicron variant. Prime Minister Boris Johnson discussed the country’s first death of a patient with the variant. The UK sped up its rollout of boosters in response to heightened case figures.

“It’s spreading at a phenomenal rate, something that we’ve never seen before — it’s doubling every two to three days in infections,” Health Secretary Sajid Javid told Sky News on Monday.

This further spooked traders who were already on their toes ahead of the next Fed meeting set for this week. The Federal Reserve will give a decision on monetary policy Tuesday and Wednesday. Fed Chair Jerome Powell speaks mid-week in the usual press conference to accompany monetary policy meetings. However, omicron could play a role as the Federal Reserve has closely gauged its taper rate and potential interest rate outlook on the pace of economic recovery. Last week’s Consumer Price Index figures showed that inflation was also rising at its fastest rate since 1982.

Meanwhile, policymakers for other central banks are set to meet this week. These include members from the Bank of England and the European Central Bank. So, while pandemic fears fuel speculation on monetary policy outcomes, the broader stock market is down today.

Hot Penny Stocks To Watch

Even with this as the backdrop for broader markets, cheap stocks seem to be against the trend. Obviously, all penny stocks haven’t bounced back as swiftly. However, today we’ll look at a handful going against the broader trend in the stock market today.

  1. Tivic Health (NASDAQ: TIVC)
  2. Bluejay Diagnostics Inc. (NASDAQ: BJDX)
  3. Orbital Energy Group (NASDAQ: OEG)
  4. Reliance Global Group Inc. (NASDAQ: RELI)

Tivic Health (NASDAQ: TIVC)

Shares of Tivic Health made a nice bounce-back on December 13 after a few sessions of selling pressure took it back below $4.30. Over the last few weeks, the healthcare stock has been on our watch list. Tivic specializes in medical device development, particularly advancing its ClearUP product. This FDA Class II and EU Class IIa device has been cleared for sinus relief and nasal inflammation symptoms.

What To Watch With TIVC Stock Right Now

Despite not having many news headlines since its November IPO, there are a few things to follow regarding TIVC stock. In particular, CearUP sales are a more prominent topic of discussion. That’s because the proceeds from its IPO are set to be used for advertising, PR, social media, e-commerce infrastructure, and increasing the awareness of the device. Tivic said that there are also plans to support its ClearUP Gen 2 platform launch.

Biotech Penny Stocks To Buy After BLU Stock Explodes? 3 To Watch

Last week, CEO Jennifer Ernst spoke at the Sidoti MicroCap conference. She highlighted the fast-paced growth in the bioelectronic medicine field and participated in one-on-one meetings with investors during the event. Furthermore, on the heels of being named to Fast Company’s “Next Big Things in Tech” list, TIVC stock has begun turning heads in the stock market this week. Among retail trading circles, specifically, the lower outstanding share count following the IPO has come into focus.

If you look at the TIVC stock profile page, you’ll see the OS sits under 10 million shares right now. Not to mention, the IPO itself had only 3 million shares offered.

hot penny stocks to buy Tivic Health TIVC stock chart

Bluejay Diagnostics Inc. (NASDAQ: BJDX)

Shares of Bluejay Diagnostics were also carrying on with the bullish uptrend experienced over the last few session. Ever since plunging after its IPO, retail traders have looked deeper into any potential in BJDX stock.

Diagnostic stocks have become somewhat of a focus thanks to the onset of the new variant. Bluejay, however, isn’t part of the mix when it comes to virus stocks. Its Symphony System is designed as a cost-effective & near-patient platform for triage, disease progression monitoring, and diagnosis in hospitals and long-term acute care facilities. According to the company, it provides results in less than 30 minutes to help offer better and earlier treatment decisions. Right now, the platform is used for Sepsis Triage.

What To Watch With BJDX Stock Right Now

Like Tivic, Bluejay hasn’t come out with much news since its IPO. However, there are a few things that traders seem to have focused on. As highlighted in the article: Best Penny Stocks To Buy Now? 10 Short Squeeze Stocks To Watch, Fintel data shows a short float percentage on the stock of just under 7%. Considering that the total outstanding share count for BJDX stock is less than 20 million, that could explain why it has been a bit more volatile during recent sessions. With an uptick of attention on short squeeze stocks and medical stocks, in general, BJDX could be one to watch this week.

hot penny stocks to buy Bluekay Diagnostic BJDX stock chart

Orbital Energy Group (NASDAQ: OEG)

Another trend among retail traders in the stock market today is insider activity. Buying and selling conducted by more significant shareholders or company management tend to send specific signals to the market. Whatever insiders are doing doesn’t mean it’s good or bad for the stock’s future. However, sentiment tends to play a more prominent role when talking about penny stocks.

Best Penny Stocks to Buy Right Now? 3 For Your Watchlist Before 2022

Orbital Energy Group, in particular, has had a busy month of insiders shelling out cash for stock. Between December 2 and December 13, CEO James O’Neil picked up early 300,000 shares of OEG stock at average prices between $2.275 and $2.69. These purchases brought his total direct holdings to more than 1.2 million shares.

What To Watch With OEG Stock Right Now

Orbital is a unique energy company in that it has diversified beyond traditional power solutions. Its group of businesses includes solar services, telecom, natural gas, and its Orbital Power Services. The company’s recent acquisition of Front Line Power Construction further extends its reach in providing construction, maintenance, and emergency response services for customers.

In light of this latest acquisition and insider buying, OEG stock has been one to watch for most of December so far. Since the 1st, shares are up more than 10%.

hot penny stocks to buy Orbital Energy Group OEG stock chart

Reliance Global Group Inc. (NASDAQ: RELI)

Similar to Bluejay Diagnostics, Reliance Global is no stranger to volatility. Since the end of November, RELI stock has experienced several sporadic breakouts that took it as high as $3.38. It’s an insurance penny stock that has been in and out of the spotlight thanks to recent attention on the broader sector. Specifically, Reliance focuses on combining artificial intelligence and cloud-based tech to offer a way for customers to gain a personalized experience compared to traditional insurance agencies.

Last week’s launch of Reliance’s 5MinuteInsure platform opened up eight more states to its new offering. The platform is designed to give users the ability to shop for insurance and receive competitive quotes in under 2 minutes. According to Reliance, this latest launch brings the platform to a total of 20 states in the U.S., with a combined population of more than 100 million.

What To Watch With RELI Stock Right Now

If you’re looking for news or filings from the company, you won’t find much this week. However, with a total outstanding share count below 20 million and a short float percentage of more than 30%, according to Fintel, RELI has become a popular short squeeze and low float penny stock to watch right now. Given that, it’s also important to understand that volatility can and has played a role. So if it’s on your list of penny stocks today, make sure to keep that in mind.

hot penny stocks to buy Reliance Global Group RELI stock chart

Hot Penny Stocks Today

Even though the stock market is down today, that doesn’t mean there aren’t plenty of opportunities to make money with stocks. In climates like this, it’s always important to weigh risk and reward and understand why specific trends are prevalent for different stocks. There are a few things to keep in mind with the companies mentioned in this article. Now it’s up to you to determine if they’re the best penny stocks for your watch list right now.


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Get a Discount on Training Courses to Help You Finally Master Excel

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Just about everybody in the business world claims to know Microsoft Excel. A fraction of them actually know just how much Excel can do. Therefore, if you’re looking for a practical gift for yourself or someone else this year that is actually useful, look no further than The 2022 Complete Microsoft Excel Expert Bundle.



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The bundle includes 12 courses from StreamSkill (4.4/5-star instructor rating), part of the Simon Sez IT family that has taught more than one million students over the past 15 years.

Here, you’ll start out with the basics of Excel 2021, learning what’s new and how to navigate the Excel 2021 interface. You’ll start learning useful keyboard shortcuts, understand how to format cells and use conditional formatting, analyze data using charts, and more. As you progress through the courses, you’ll explore advanced formulas in Excel, touch on macros, and much more.

There are several courses on some of Excel’s more unique tools, too. You’ll learn how to use the VBA editor, VBA syntax, keywords, and more. You’ll discover how to define and manage variables, set up subroutines, and create functions to automate your most repetitive and frustrating tasks. Additionally, you’ll get started with Power Query, learning how to connect Excel to multiple workbooks to crunch numbers across sheets. You’ll learn how to set up and manage data relationships in a data model, create PivotTables to display your data, and use functions like CALCULATE, DIVIDE, and DATESYTD in DAX. Before you know it, you’ll have a business analyst education that will help you in all of your business ventures.

It’s about time you finally learned Excel. Right now, you can get this Microsoft Excel Expert Bundle on sale for just $24.99 (reg. $4,788).

Prices subject to change.

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Ocho wants to rethink (and rebrand) personal finance for business owners • TechCrunch

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When Ankur Nagpal sold Teachable for a quarter of a billion dollars, he felt lucky. Then, he quickly felt lost when trying to navigate the financial systems of a country he wasn’t born in and learn the institutional language often only spoken fluently by the historically wealthy.

It would be a few years of self-employment, and building a venture firm later, before Nagpal returned to the moment as one of the early catalysts for his newest startup, Ocho. The company, launching publicly today, wants to make it easier for business owners to set up and manage their own 401(k) retirement accounts.

Personal finance is hard – and that’s a tale as old, and difficult to disrupt, as time. And while Nagpal agrees that there’s no “north star” company that has shown how to tackle finance literacy at scale, he’s hoping that Ocho’s 10-person team may just have a not-so-boring wedge that changes that.

Ocho is joining the several fintech companies out there that aim to modernize, and really rebrand, the retirement account away from traditional providers like Charles Schwab or Fidelity, or expensive solutions like lawyers and consultants.

“I’ve started exploring the space, and we realize everyone – like Robinhood to Coinbase – is just spending unsustainable amounts of money to acquire customers, but are making no money themselves and continually sort of need these large funding rounds just to exist,” Nagpal said. “I’m actually expecting there to be a very rough 6, 12 or 18 months for fintech companies specifically.”

Ocho’s twist from competition, he thinks, is in its market focus. “There’s so many companies targeting startup founders and their wealth – there’s literally a new one launching every month or two all backed by big name VCs, but no one is focused on the business owner that is otherwise doing well but is not a startup founder or a startup employee,” he said.

Instead, Ocho is leaning into Nagpal’s background of working with creators when he was building Teachable. Teachable helped creators build revenue streams, Ocho wants to help those same creators take their earnings and invest, harvest and scale them in a smart way.

“At Teachable, we helped these people make money online and now there’s lots of places for creators, freelancers and entrepreneurs to make money online – but how do we help them think about building wealth?” Nagpal said. The long-term vision for Ocho is to offer products, beyond solo 401(k)s, that help business owners build wealth.

Human Interest is one of Ocho’s closest competitors; raising $200 million at a $1 billion valuation last year. Nagpal says that Ocho differentiates itself because its focused more on individuals, freelancers and creators, instead of Human Interest’s target of small and medium-sized businesses.

For now, Ocho is charging a flat $199 annual fee to help individuals start their retirement account. It takes about 10 minutes to set up, and 48 hours to get final confirmation.

The big challenge for the startup is getting the right solopreneurs to care about their retirement accounts. Its look for people who have income-generating businesses, but don’t have any full-time employees. If you have a side gig alongside your full-time job, you can create a 401(k) just for the side hustle, but can’t put full-time income into the retirement account.

ocho-interface-fintech

Image Credits: Ocho

Nagpal thinks he can nail early adoption through smart education material and outreach, referring to personal finance trends on TikTok as an example of consumer demand for more information. He says that 40% of the Ocho staff is working on marketing or education, and that the balance will be retained even as the company scales.

If education is so important to getting Ocho to work, one may wonder why it’s launching with a fintech product. The answer is simple: deadlines. Users need to make a retirement account by December 31, 2022, if they want one for 2023 – which puts the fintech in a relevant, but time pressed, position.

Nagpal isn’t worried about the seasonality of the 401(k) product because of the upcoming product roadmap, which includes the education product, investment flows into the retirement product like being able to invest in startups and ETFs, and even HSAs, often described as a 401(k) for healthcare.

To power that ambitious product spree, Ocho has raised $2.5 million from Nagpal’s own venture firm, Vibe Capital. The entrepreneur says that he raised the $60 million debut fund for Vibe Capital with the idea that he would incubate a startup or two out of the firm, which materialized today now that it owns 20% of Ocho.

Nagpal admitted that the idea of a founder using his own venture firm to seed his own startup may appear to be the “mother of all conflicts of interest” but reasoned that it was everything but. He emailed all LPs in his fund about the investment, got a unanimous yes, and ended up raising at a much lower price for the startup than if they had gone out into the fair market. It’s still uncommon to see founders sell a company, start a venture firm and then use that same venture firm to seed their next company.

Perhaps the unique connection between Nagpal’s first company, to his firm, to his newest startup, could hint at what his approach to personal finance may be: diversify across multiple vehicles, redefine what a supercharged investment could look like, and keep on learning.

Ocho-team

Ocho’s starting team.



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A Simple Brain Trick To Guarantee Success

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As entrepreneurs, most of us are goal-driven, and we’ve learned how to set clear, juicy goals and then break them down into game plans of smaller projects and tasks. The challenge comes when it’s time for you and your team actually to follow those game plans.

After the thrill of setting that awesome goal comes the day-to-day work that is often not so exciting. So how do you keep yourself and your team moving forward? How can you stay on track and consistently hit your daily, weekly and quarterly goals? One of the answers is in the simple brain hack that psychologists call “implementation intention.”

Related: Brain Hacks to Boost Motivation and Beat the Work From Home Blues

What the research shows

A psychology professor at NY University, Peter Gollwitzer, first coined the term in the 1990s. He realized that many people set goals, but not many achieved them because they didn’t take the action they needed to take. Dr. Gollwitzer showed that the difference was not just motivation, as some people were highly motivated and still didn’t do what they needed to do. But people were much more likely to reach their goals by figuring out “pre-determined goal-directed behaviors” and turning them into habits.

Rather than just coming up with a strategy to achieve a goal and then breaking it down into tasks, Dr. Gollwitzer found that people were more likely to succeed if they trained their brains to choose to do the things that they needed to do by using “if-then” statements (you can also use “when-then” statements).

He and his colleagues ran over 400 studies using every type of goal — quitting smoking, voting, healthy eating, exercising and even using condoms! All the studies showed that implementation intentions made a massive difference in the results people got.

Related: Setting Measurable Goals Is Critical to Your Strategic Plan (and Your Success). Here’s Why.

Get to your goal using “when-then”

How does it work? For example, let’s say that you want to grow your business and that getting lots of 5-star testimonials will help. So, you decide to get 100 testimonials this quarter (about eight per week), and you’ll get them by calling 20 past clients per week, just four every day.

Sounds simple, right? But this kind of project easily gets lost in the shuffle. You mean to do it; you know it’s important, but other things that seem more urgent pop up. Eventually, you might even forget about
getting those testimonials completely.

With implementation intention, you start with the statement, “When _________, then I will ______.” You not only say what you will do but also give it a specific time and place. In this case, you might say, “When I get to the office, and before I even look at my emails, I’ll call four past clients for testimonials.” This tells your brain exactly when to be ready to make the calls. It sets up your energy and focus. By doing it over and over, your brain is automatically triggered to sit down and make calls as soon as you walk into your office.

James Clear talks about this in his book Atomic Habits. He points out that setting up implementation intention keeps you from deciding whether to do something every single time. You don’t need to be super motivated that day, and you don’t need to use your willpower to get yourself to do it. You just do it because, after a while, it would feel weird not to do it, just like not brushing your teeth before bed would feel strange.

Related: Your Problem Isn’t Laziness

Overcome obstacles using “if-then”

Implementation intention also helps you pre-plan for obstacles you might encounter and helps get you through them. Say you know that your morning calls will often get interrupted by team members who need your input. You know something like this is bound to happen, so before it does, you figure out, “If ___________, then I will ___________.”

“If I get interrupted, I will ask the person (unless they are bleeding to death) to give me 15-20 minutes.” Or maybe you decide, “If I get interrupted in the morning, I will close the door and eat lunch at my desk to make my calls.” The strategy you use to handle the obstacle is up to you. The point is that you already have it figured out and know exactly how to stay on track despite anything that tries to get in the way.

Athletes have used this for years. Marathon runners know they’ll run into “the wall” at about 18 to 20 miles. Rather than getting blindsided, they figure out ways to handle it before the race. They’ll slow their pace and take some sports gel. They’ll pay attention to the cheering crowd or focus on a certain mantra. They don’t try to figure out how to deal with the wall when it’s happening. They have a plan, so it doesn’t throw them off their goal.

Related: 5 Things About Overcoming Adversity That Athletes Can Teach Entrepreneurs

When I started coaching, I realized that many of my students hit a wall about three months in. They were learning and implementing different marketing strategies. But these strategies take some time, so they didn’t see any results yet. We learned to warn them ahead of time. “Hey, you might not see results for 4-5 months. That doesn’t mean you aren’t on track. If you’re doing the work, results will come soon.”

Then we help them with “if-then” strategies. “If you feel stuck or discouraged, then call in
during office hours.” An implementation intention is a brain-hack tool that helps you take the steps you need to take whether you’re feeling motivated or not. You set up the implementation intention by saying what you’ll do and precisely when you’ll do it, and you pre-plan how you’ll deal with obstacles to stay on track.

James Clear wrote: “Anyone can work hard when they feel motivated. It’s the ability to keep going when work isn’t exciting that makes the difference.”

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