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How NUKK Spiked +1,000% This Week

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Written by Timothy Sykes Reviewed by Jack Kellogg Fact-checked by Ellis Hobbs
Updated 12/18/2024 5 min read
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It’s Tim Sykes here.

You read that heading correctly …

On December 16, Nukkleus Inc (New) Com (NASDAQ: NUKK) closed at $1.39 per share.

The next day, December 17, the price passed $17 per share …

That’s a spike of more than 1,000%*!

On the chart of NUKK below, December 17, every candle represents one trading minute:

NUKK chart intraday, 1-minute candles Source: StocksToTrade

Now, this stock did announce news:

The company just acquired a controlling stake in Star 26, a provider of Israel’s iron dome missile defense system.

But that doesn’t account for a valuation spike of more than 1,000%* in one day.

And at the same time … I’m not surprised by this spike at all.

We see huge runners every week. And we see +1,000% runners about once or twice a month …

  • September: Wheeler Real Estate Investment Trust Inc. (NASDAQ: WHLR) spiked 1,100%*.
  • October: Bright Minds Biosciences Inc. (NASDAQ: DRUG) spiked 7,200%*.
  • November: BTC Digital Ltd. (NASDAQ: BTCT) spiked 1,300%*.

These massive spikes are short squeezes.

The initial spike is due to a bullish catalyst (like NUKK’s drone news) but the spike reaches a fever pitch after short sellers pile in and squeeze the stock higher.

Learn about this short squeeze catalyst!

And we can trade this price action for a profit …

The most volatile stocks in the market like to follow a specific framework.

How We Trade These Runners

© Millionaire Media, LLC

Volatile stocks can follow a specific framework because people are predictable during times of high stress.

Like when they’re trading a stock that’s spiking +1,000%* …

People have always behaved predictably when they’re stressed. As a result, these patterns repeat over-and-over again in the market.

This is the entire framework.

Understand, we’re not trying to follow the framework in its entirety. Meaning, we trade specific points within the framework for calculated profits.

We take the meat of the move instead of trying to profit from the whole spike.

More Breaking News

For example, I traded another volatile runner, Tonix Pharmaceuticals Holdings Corp. (NASDAQ: TNXP) for a 13% profit on Tuesday. While the entire stock spiked 440%* already this week.

Here’s another example from one of the students in our community:

Source

TNXP didn’t spike as high as NUKK, but both stocks followed patterns within my trading framework!

These patterns repeat on the hottest stocks.

And right now … There are A LOT of stocks spiking higher. It’s an all you can eat buffet of big runners! Take a look at my post on X below:

NUKK is the most impressive spiker this week. But it’s far from the only one.

New traders: Get involved right away!

Without any trading experience, you can use AI to build smart positions on the biggest runners.

For example: On Monday afternoon, we got a perfect trade alert for a 252%* profit opportunity on TNXP. Take a look at the chart below, every candle represents one trading minute:

TNXP chart multi-day, 1-minute candles Source: StocksToTrade

For the NUKK spike, traders could prompt my AI bot intraday on Tuesday with the NUKK ticker … It spits out customized trade plans for the hottest stocks in the market!

Once you find the hottest stock today …

>> Enter the ticker into XGPT, my AI-trading bot <<

And make sure to follow the trade plan that it gives you!

There’s a science to this.

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”