LumiraDx Ltd. (NASDAQ: LMDX) was one of the largest movers on heavy volume on Monday…gaining as much as 250%.
While most people were trying to figure out why…savvy traders familiar with my Weekend Strategy…were in on Friday
It’s one of my absolute favorites because it’s easy to spot, execute, and doesn’t require much effort.
And although I missed this one, it’s a great setup to illustrate the key to unlocking a great weekend trade.
Here’s how it all breaks down.
News That Moves

Millionaire Media, LLCMost stock-moving news hits my feed around 8:30 a.m. EST.
Afternoon press releases are rare.
However, there is a tendency for them to hit on occasion Friday afternoons.
Typically, I look for them between 1:00 p.m. – 4:00 p.m. EST, although they can come as early as 11:00 a.m.
LMDX was one of the latest I’ve seen, with news hitting at 6:34 p.m.
I turned off my laptop around 5:00 p.m.
That’s why I missed it.
Nonetheless, the headline was important:
“LumiraDx Partners with AstraZeneca & Everton in the Community to Set Up England’s First Heart & Lung Screening Hub.”
Being so late in the day, it took a little bit for traders to really catch on. But once they did, the stock popped from $0.0875 to $0.159, almost double.
News events that traders can sit and stew on over the weekend are great for building interest. Plus, it gives people more time to hear about the news.
Come Monday, everyone gets excited and starts scooping up shares.
This is the most important component of the Weekend Trade Setup.
Can I use a news headline that’s a day or two old?
Yes. But the fresher the better.
The entire trade rests upon excitement building over the weekend.
So, how do I identify the headlines moving stocks?
I can manually search for stocks rising or up on the day and then Google the news surrounding them.
This isn’t ideal and can leave me behind the eight-ball.
I much prefer letting our Breaking News Chat Team on the StocksToTrade Platform bring the news to me.
No, they didn’t catch LMDX when it hit late Friday.
But if it happens during market hours, which is 90% of them, you can bet your bottom dollar they’ll be on top of it.
Ideal Price Action

Millionaire Media, LLCIf you want to get buyers to notice a stock, then closing at or near the highs of the week will do that.
A few weeks ago, I took a trade in T2 Biosystems (NASDAQ: TTOO), a multi-day runner in the hot penny stock biotech sector.
Check out all my trades on Profitly
This one didn’t have news that Friday, but it had been trading nicely for several weeks.
I want to show you the price action for that stock leading into the close and after hours.
Notice how the stock moves higher all day on heavy volume.
Along the way, some dips offer potential entry points.
This is an ideal look for a Weekend Setup.
I want the stock to push up into the close and finish the day and the week near the highs.
More Breaking News
- Will Canopy Growth Stock Rebound After Legal Challenges?
- Why Energy Fuels Stocks Soared Today
- Nvidia’s Challenges: Navigating Regulatory Waves
That way, I can take profits in the afterhours or hold until Monday.
Unlock the Secrets of the Ultimate Weekend Trade 📈

Millionaire Media, LLCEver wonder how some traders make astounding gains when the market reopens on Monday? Take LMDX, which soared as much as 250% after some late-breaking news. If you’re tired of missing out on moves like these, then I’ve got just the solution for you.
I couldn’t catch the LMDX action myself, but that doesn’t mean you have to miss the next big opportunity. Why? Because the Weekend Trade Setup strategy is your gateway to catching these trends before the crowd does.
🔑 Understand why news timing, especially late on Fridays, can create explosive gains.
🔑 Learn how to identify stocks with ideal price action that sets the stage for a big move.
🔑 Experience real-time guidance from our Breaking News Chat Team on the StocksToTrade Platform.
Why let others enjoy the weekend profits while you’re left wondering what happened? This is your chance to stay ahead.
🚀 Dive into our live training session this week and master the Weekend Trade Setup.
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🚀 Gain exclusive access to our Breaking News Chat Team who are on top of the latest market movers.
Don’t be the trader who misses out because they turned off their laptop too early. Learn to harness the power of the Weekend Trade Setup and make your weekends work for you.
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