It’s time to get excited.
We’ve got another week ahead of us and it’s full of profit opportunities. That’s the beauty of our niche: There are ALWAYS profit opportunities.
Compared to the larger market, where everyone’s worried about inflation and the FED’s next decision. They’re particularly worried right now because the market is showing signs of weakness.
On the S&P 500 ETF Trust (NYSE: SPY) chart below, we can see waning momentum during recent days. Every candle represents one trading day:
But no matter which way the market goes, there will still be profit opportunities in our small-account niche.
Because there are always crappy companies trying to inflate their share prices with fluffed up news.
And more recently, there’s an abundance of short sellers that continue to bet against these crappy stocks. It sounds like a good bet, but since there are too many short sellers, these crappy stocks can develop into HUGE short squeezes.
There’s so much opportunity right now for small-account traders who focus on long-biased positions. Take Friday’s spike on 22nd Century Group Inc. (NASDAQ: XXII) for example. The price launched 140% in one day.
Look at the chart below:
There will be more trade setups in the week ahead!
Here’s How To Find Them
We’re looking for stocks that spike WITH a catalyst. There needs to be a reason for the spike, otherwise we’re just buying random momentum.
XXII spiked after the company announced it had signed a big new customer that will increase certain production levels by 20%. You can see on the chart above when the news was announced on Thursday during after hours.
The price took a break during premarket hours on Friday and then spiked to new highs intraday.
We need to get eyes on this news as early as possible so that we have enough time to track the price action and plan a trade.
But you won’t find quick enough news on Yahoo Finance or The Wall Street Journal. We have to tap into the source to get this news ASAP. I use Breaking News, and I was alerted before the market opened for regular hours on Friday.
See the chart below:
Make sure you’re signed up for Breaking News this week.
I’m sure most of you work day jobs. I do too, my day job is teaching YOU how to trade. As a result, I don’t have time to watch my screen all day long.
I wait for a Breaking News alert and then I plan a potential trade.
Here’s where you’ll find the next alert.
There’s never been a better time to start trading with this process.
Upcoming Bull Run
Everyone’s worried about a market pullback. We saw the SPY price action earlier in this blog … Things are looking a little sketchy.
It’s possible the U.S. market dips in the short term.
But there’s a huge catalyst looming right now. When it hits the stock market, everything points to an all-out buying spree. Analysts estimate this catalyst at a value of $2 trillion!
The government could drop the news any day.
Here are the details behind the next bull run.
Prepare now so that you don’t have to play catchup.
Cheers.
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