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The Newest AI Stock Spike:

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Written by Timothy Sykes
Updated 6/11/2024 4 min read

It’s the same thing every week …

If you show up every single day looking for the exact same kinds of stocks, you’ll realize these profit opportunities eventually.

There’s a brand new AI spiker in the market as of yesterday, Tuesday, June 11. And all of my students should have seen it from a mile away.

  • It’s low priced.
    • It never spiked above $5.50, a perfect price level for small-account traders.
  • The company announced AI news during premarket.
    • If it’s got AI in the title … It’s a hot catalyst.
  • The float is only 3.7 million shares.
    • Anything below 10 million is considered a low supply. And the low supply helps prices spike higher.
  • It’s a former spiker.
    • Past spikers can spike again. This stock spiked 860%* in March 2024.
  • The price spiked 20% during premarket.
    • AI runners that spike at least 20% can spike higher.

It checked all of the boxes, and sure enough, when the market opened for regular hours at 9:30 A.M. Eastern, it ran even higher.

The total spike measures 70% … so far.

And prices are still consolidating. That’s a hint that it could rally to new highs!

The Newest AI Spiker

© Millionaire Media, LLC

Stock trading is more boring than most people think:

We watch for the same kinds of stock spikes.

We play the same patterns.

And when there isn’t anything to trade, we sit on our hands.

Don’t waste time on crappy stock setups.

Wait for trade opportunities like Tuesday’s 70% spike on Airship AI Holdings Inc. (NASDAQ: AISP).

Take a look at the chart below, every candle represents one trading minute:

AISP chart intraday, 1-minute candles Source: StocksToTrade

This runner clearly knows how to follow the basic principles of support and resistance.

And since my students and I know what to look for, I was able to snag some profits from this run.

See my post on X below:

And here are my two trade notes …

With a starting stake of $9,855:

Source: Profit.ly

With a starting stake of $12,120:

Source: Profit.ly

The Next Price Surge

© Millionaire Media, LLC

You might have noticed on the chart that I shared earlier …

AISP is consolidating above support at $4.25.

That’s a hint the price could push higher! After all … the last AISP spike in March ran a total of 860%*.

But it’s not a 100% guarantee! Nothing is when it comes to the stock market.

That’s why traders in our community use AI to build smart positions on volatile stocks.

This AI-trading bot follows the same framework that my millionaire students and I use to profit. Try it today with AISP’s price action!

There will be more opportunities to profit this week. Don’t miss out!*

Cheers.

 

 

*Past performance does not indicate future results


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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”