Happy Friday.
We made it to the end of the week!
Right about now, you probably hope to finish work A.S.A.P. so that you can start the weekend and relax.
But there’s something very important that you need to do first.
As traders, market masterminds, hustlers … We have to go the extra mile to ensure that we’re ready to profit while everyone else slacks off.
Make no mistake, some traders will pack up early today and go home. And it’s their loss.
That’s what creates these valuable Friday-afternoon setups …
When lazy traders leave the market early, they miss out on the strongest runners of the day as the stocks move into the close.
Then, over the weekend, the traders find these Friday runners. That’s when they enter orders to buy.
But my students and I already bought shares on Friday afternoon!
When the weekend orders are filled on Monday morning, voila! We’ve got a morning spike to sell into.
It’s like clockwork …
Every Friday afternoon I look for the same price action in the market.
The Strongest Stocks Today
Last weekend I used this pattern to profit off of Chegg Inc. (NYSE: CHGG). Look at my trade notes:

Notice in my trade notes from June 6 on CHGG …
I was interested in the stock because it recently announced bullish earnings.
There were also rumors of a big potential investor and a pivot toward a more AI focused business.
When I buy shares of a stock, there needs to be a reason for the spike. Otherwise I’m gambling that a random stock will spike higher.
I’m not here to gamble.
I’m here to take calculated positions of the hottest stocks with clear trade plans.
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CHGG was also a good play on Friday because …
- The share price was low.
- I trade stocks with a share price below $5. The low share price makes it easier to load up on shares and ride the percent gain.
- The trading volume that day was off the charts.
- It traded 26 million shares on Friday, June 6. That was the highest volume day in the last 52 weeks.
- The price spiked more than 20% intraday.
- Any stock that spikes 20% can spike higher.
These are the factors that make a strong stock spike.
After we find a stock that matches these requirements, we look for my weekend pattern in the price action.
I wrote a blog post earlier this week that shows the CHGG price action from last weekend, Friday to Monday.
Study this price action from last week.
Let this be the only trade that you make today.
There’s no need to complicate things on a Friday.
Get my full weekend-pattern tutorial!
There are 52 weeks in a year. That’s 52 opportunities to make this trade.
One good trade a week can make all the difference for your account.
Cheers
*Past performance does not indicate future results


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