Welcome traders,
Happy Friday!
The birds are singing, the FED lowered interest rates, and we’re headed toward another textbook weekend-trade setup.
At the end of every week, the incoming weekend inspires a very specific kind of price action in the market.
You’d think that most people would have caught on by now. Here’s why they haven’t …
- Nobody else watches these small-cap spikers with any degree of analytical thinking. Wall Street is preoccupied with big stocks like NVIDIA Corporation (NASDAQ: NVDA).
- And for most small-account traders, their emotions prevent them from seeing this pattern.
My students and I know how to take a step back from the emotions. That’s how we recognize and capitalize on these plays.
And in 2024 there’s so much opportunity …
For example, last weekend we watched this specific weekend price action on Azul S.A. (NYSE: AZUL). The weekend before, it happened on Laser Photonics Corporation (NASDAQ: LASE).
For each stock, AZUL and LASE, I bought shares on Friday and sold them for a profit on Monday.
And I wasn’t the only person to trade these runners … See one of my student’s posts on X below:
Today, Friday, September 20, I’m looking for the exact same price action …
The Weekend Pattern
We’re targeting some of the most volatile stocks in the market.
The volatility gives us larger opportunities to profit. But it also means the price action moves quickly.
As a result, we have to wait until the afternoon to find this pattern …
A lot of new traders might try to build positions in the morning, they get excited when the market opens and stocks start to fly.
Exercise patience!
You don’t have to pay attention to the market until 2 P.M. Eastern.
The two weekend trades that I made recently, on AZUL and LASE, I bought shares at 3:33 P.M. and 3:46 P.M. respectively.
Watch my video below for the specific price action that we look for:
This next part is very important …
You don’t see our pattern? Don’t make a trade!
There’s no such thing as a 100% guarantee in the stock market. Sometimes I don’t find a weekend trade. And that’s OK.
Above all things, traders have to keep their accounts safe. We have to make good trading decisions. And sometimes that means we don’t trade at all.
This is a marathon. Not a sprint.
Think about it like this …
There are 52 weeks in a year. That means, you only have to show up for 52 weekend trades.
Even then, It’s unlikely that you’ll make all 52 trades, because we don’t see this pattern every Friday …
- Show up.
- Make a good trade (even if it’s no trade).
- And check that week off of your calendar.
On Friday, September 20, we’re on week 38.
Now you’re in the right mindset.
Cheers.
*Past performance does not indicate future results
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