There have already been solid profit opportunities for traders in our niche this week.
There will be more!
And yet … This is historically the slowest week of the year for the market.
See my post on X below:
Remember to trade less this week guys, slowest week of the year so go study more and/or go out and liveeeeeee! pic.twitter.com/pc4bceVRsA
— Timothy Sykes (@timothysykes) August 27, 2024
This 2024 market is different!
Usually the summer months are slow for trading. But all summer we’ve seen A TON of profitable volatility.
Yesterday we watched two stocks shoot higher after announcing obvious catalysts. They were perfect setups!
But there are thousands of stocks moving everyday. And probably hundreds that announce some kind of news.
How are we supposed to know which stocks to watch?
Don’t worry, I can teach you that …
The Next Spiker
Yesterday’s runners are listed below.
We’re using these as recent examples:
- VOXX International Corporation (NASDAQ: VOXX) spiked 90% on Monday.
- N2OFF Inc. (NASDAQ: NITO) spiked 120%*.
First of all, both of these stocks are low priced and were trading with a low share count (anything near or lower than 10 million shares).
But what causes these stocks to spike so high is the news catalyst.
Without any news, there isn’t fuel for the rocket.
On Tuesday we got trade alerts for VOXX and NITO that detailed their respective news catalysts.
Take a look at the charts below, every candle represents one trading minute:
Our Breaking News alert system ensures that we have eyes on the hottest runners with bullish catalysts.
And we get the alert BEFORE the price goes vertical.
Here’s where you can find the next Breaking News alerts!
Even though it’s the slowest week of the year … We’re still seeing MASSIVE trade setups.
At the very least, grow familiar with this system before the Holiday season. And before the FED lowers interest rates …
The last few months of the year WILL be volatile. Traders who are prepared are free to take profits.
The Patterns We Use To Trade
Finding a hot stock and then trading it for a profit are two different things.
- We can’t profit on a hot stock if we don’t know the patterns.
- We can’t use our patterns on the wrong stocks.
As traders, we need to:
- Find the right stock.
- Trade the right pattern.
I already showed you how to find the correct stocks, use Breaking News until you grow more self-sufficient.
When it comes to trading patterns, this is the framework that my millionaire students and I use to trade.
Stocks can follow these patterns because people are predictable during times of high stress. Like when they have a few thousand dollars in a stock that’s spiking +100%.
We’re essentially trading human psychology as it manifests on the hottest stocks.
And since people have always behaved similarly when under stress, these patterns aren’t likely to change.
I’ve been trading with the same framework since I started during the dot com boom over 20 years ago.
Study the framework and start looking for patterns on the Breaking News alerts.
There will be more opportunities to trade this week. And don’t even get me started about the rest of the year …
Cheers.
*Past performance does not indicate future results
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