Last Friday, while the crowd clocked out early…
Alector Inc. (NASDAQ: ALEC) exploded 50% into the close with bullish earnings news.
Then, the stock spiked even higher on Monday morning!
Look at the price action from last weekend on the chart below. Every candle represents one trading minute:
This move wasn’t random. It followed a familiar setup that I’ve taught to my students for years — and it’s setting up again this week.
I profited from the move on ALEC last weekend with this exact pattern.
See, most traders miss this move because they stop watching the market right when it starts to get good.
Don’t be that trader.
The Key To This Setup
It’s important that every stock I trade has a reason to push higher.
That’s especially true for weekend runners.
There needs to be a catalyst that other traders find over the weekend to push the price higher on Monday.
For example, last Friday, August 8, ALEC announced strong earnings and updated guidance for 2025:
- EPS beat: A loss of only $0.30 v.s. The expected $0.45 loss (a 33% surprise).
- Revenue beat: $7.87 million v.s. the expected $2.83 million (a 177% surprise).
- Raised guidance for collaboration revenue.
Despite the stock being down 24% on the year, this news ignited a major rally.
Smart traders caught the afternoon surge … Because the price spiked higher into Monday morning.
That afternoon, I noticed my weekend pattern develop in the price action and I bought shares to hold until Monday.
I made an 8% profit. It wasn’t a huge trade, but it was low stress and calculated.
Real trading is about controlled plays on the best setups.
Over the last two decades, I’ve used this pattern (and a few others) to build my account to $7.9 million in trading profits, including losses.
Jack Kellogg has done the same to grow his account to $20.3 million since 2018.
Look at Jack’s profit chart below. This is an example of a REAL profit journey.
There are dips, and there are periods where his account grew more quickly. But one thing is abundantly clear … Jack’s profits didn’t appear overnight.
The chart above shows 8,286 trades.
My millionaire students and I take it one trade at a time and we focus on the best setups.
Speaking of which, our window for weekend gains is closing …
The Weekend Pattern
Every Friday afternoon, the market gives us clues as to which stocks could spike into Monday.
And when this pattern aligns — small accounts can grow FAST.
I have a video tutorial for this exact Friday setup.
It shows:
- How I spot moves like last weekend’s ALEC.
- How my students and I trade these stocks.
- And what to look for THIS Friday.
There’s still time before the market closes! Watch my video below:
Let’s make this Friday count.
Cheers
*Past performance does not indicate future results
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