Ladies and Gentlemen.
It’s imperative that you watch the market right now.
Traders are banking left and right thanks to the intense bullish momentum.
Markets are breaking to new all-time highs. Despite current social and economic issues in the world. Let’s break things down …
Here are the negative factors affecting the world right now, issues the media points to daily:
- War between Ukraine and Russia
- War between Hamas and Israel
- Houthi attacks on supply ships in the Red Sea
- China’s current economic freefall
- The U.S. election
- Persistent global inflation
Sorry to start things on a grim note. But we have to look at this realistically.
Now, while all of that’s going on, major indices like the S&P 500 ETF Trust (NYSE: SPY) continue to make new all-time highs.
Look at the chart below …
Here’s my point: The stock market doesn’t operate in tandem with global events.
We saw a similar occurrence during the COVID-19 pandemic. Markets rallied to all-time highs despite the severe effects of global lockdowns.
As traders, it’s our job to recognize market strength and act on it.
Things won’t always be hot like this. For example: After the rally in 2020 and 2021, markets slid lower during 2022.
Take advantage of this momentum while it lasts!
We use the same trading patterns every single day. The only difference is that right now, the spikes are a lot bigger.
I have examples …
Today we’re going to explore my recent profits on Rumble Inc. (NASDAQ: RUM). The more you see these patterns in action, the faster things will start to click.
Keep reading …
Table of Contents
Huge Watchlist
This is a lot of information …
There are a lot of stocks moving right now that could offer us profit opportunities.
I’m going to dump these tickers on you. Add them to your watchlist.
I’ll explain the process after.
- $RVSN
- $FAZE
- $NVVE
- $ENSC
- $RUM
- $OTLK
- $PHUN
- $ALRN
- $ICCM
- $LBPH
- $BFRG
- $MRAI
- $ELEV
- $DWAC
- $SGMT
I know that it’s a lot of stocks.
But they’re rarely in play at the same time. We wait until the chart matches one of our trading patterns. Then we get in and get out.
Also, it’s A LOT easier to keep track of these plays in StocksToTrade.
- We can view the watchlist in tandem with stock charts and flip between tickers seamlessly.
- We can also set alerts for certain stocks. The system sends an alert when prices cross a certain level.
I don’t have to watch the stock market all day long. I just pay attention when there’s a trade to make.
Like this week on Rumble Inc. (NASDAQ: RUM). Let’s break it down.
Profitable Trades
First of all, there needs to be a reason for the volatile price movement.
Otherwise, there’s no reason to risk a trade. We only want the best plays.
Anything can happen in the market at any time. If I only focus on the best plays, I’ll have a higher likelihood of success.
When it comes to $RUM …
Rumble is a media company that rivals YouTube. In the last few years, there’s been a slew of personalities and videos banned from YouTube. And the censorship is a huge point of contention for certain creators.
Rumble’s goal is to provide a free space for creators to post content.
Fast forward to the most recent news:
On January 22, 30 minutes before the market opened, $RUM announced a partnership with Barstool Sports. And Portnoy confirmed Barstool would air its video content on Rumble.
Barstool and Dave Portnoy have a HUGE following.
The main Instagram has 15.7 million followers.
Since the news went public, share prices of $RUM spiked 80%. I’ve traded it twice, both for a profit. However, I used two different patterns.
We’ll run through each so that you can see both trade opportunities.
Trade #1: Breakout Dip Buy
On January 22 the price pushed higher almost all day.
I didn’t get in until the end of the day.
I saw the bullish price action and the news to support the move. I watched as the price broke out over intraday highs, and I dip bought above support in hopes of another push higher.
I sold early in after hours for a 3% profit. Take a look at my trade notes below.
And now for the chart …
That’s a profit I made on the way up.
Let me show you what happens when the price crashes.
Trade #2: Panic Dip Buy
This is my favorite pattern to trade.
Stock spikes are unsustainable in the long run. The price needs to pull back eventually.
That’s where I lay waiting …
If the price pulls back drastically enough, there’s often a chance to buy shares for cheap and hold for a momentary bounce.
That’s what I did for my second trade on $RUM. This trade took place on January 23. Take a look below.
And the chart …
There’s a specific process that I use for profits in this niche. It’s how I pull cash from $RUM and other volatile spikers.
I can teach it to you.
I’ve already helped over 30 students cross the $1 million milestone.
But it takes discipline.
If you think you’ve got what it takes, keep reading.
The Next Big Trade
There are new trade opportunities every day.
It’s just a matter of whether you recognize them.
This is a difficult process in the beginning. New traders have very little experience identifying the best plays from the thousands of stocks moving every day.
Don’t worry, if I taught Bryce Tuohey how to trade, I can teach you.
This isn’t rocket science.
Above all things, you need to gain trading experience.
- Watch the market move in real-time.
- Follow the hottest stocks.
- Plan potential trades.
In the beginning, a lot of traders lose money as they practice and learn. But you don’t need to lose money to gain experience.
Save your account until you understand the process!
My students and I follow the hottest stocks every day LIVE.
Live streams are perhaps the most valuable tool that my students use.
They get to watch the hottest stocks move in real time and listen to professional traders as we plan setups.
There’s no pressure to trade. I can’t stress that enough.
This is a marathon, not a sprint. Save your account.
Here’s the link to our next livestream.
Follow the process. Soak up this information like a sponge!
Keep grinding!
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