Howdy traders, it’s Bryce here.
Trading volatile stocks is a lot like handling a hot frying pan.
If I do it incorrectly I could get burned. And the body remembers burns like that.
It could stop someone from ever trading again …
If you’re nervous to get back in after a big loss, don’t worry. I can help!
But first recognize, there are times you’re more likely to get burned. Like if you’re late to the game or trading in a slow market …
Now is the perfect time to get aggressive. You don’t want to be sitting around during bullish volatility like this.
The S&P 500 ETF Trust (NYSE: SPY) is on a massive run. It’s up 9% already in 2023. Here’s a chart …
SPY chart 1-day candles Source: StocksToTrade
There’s been runner after runner …
- Bed Bath & Beyond Inc. (NASDAQ: BBBY) ran +360%
- Genius Group Limited (AMEX: GNS) spiked +1000%
- Hellbiz Inc. (NASDAQ: HLBZ) spiked +350%
- BuzzFeed Inc. (NASDAQ: BZFD) ran +340%
- Motorsport Games Inc. (NASDAQ: MSGM) launched +1700%
- Mobile Global Esports Inc. (NASDAQ: MGAM) ran +370%
I’ve gotta go to the dentist … because my jaw keeps hitting the floor.
These price moves are insane. And thanks to the bullish FED decision last Wednesday, we’ll continue to see volatility like this.
Today I’ll show you which stocks to watch for Monday and how to get in front of these moves …
Hot Runners
To really understand the patterns and the process I’m using …
Watch my newest Youtube video.
I could try and type it all out right here, but I discuss entries and exits in the video and it makes more sense.
Don’t forget to leave a comment. I love hearing your feedback.
If you already watched the video and you’re all caught up … we can skip to the fun part.
The hottest runners to start Monday, February 6, 2023 …
Motorsport Games Inc. (NASDAQ: MSGM)
This company erased $1 million of debt by selling more equity to Motorsport Network LLC.
The price started to move in after hours and premarket. Then MSGM announced it had regained NASDAQ compliance.
And the stock went nuts … spiking over +1700% in two days. Here’s the chart …
MSGM chart 10-minute candles Source: StocksToTrade
Mobile Global Esports Inc. (NASDAQ: MGAM)
This is a sympathy play to MSGM.
Notice how it’s also a gaming stock. And the ticker symbols are especially similar.
Sometimes that’s all it takes …
MGAM chart 10-minute candles Source: StocksToTrade
Bright Green Corporation (NASDAQ: BGXX)
This is a weed stock.
Weed stocks haven’t been the most reliable runners lately.
But this company announced plans to raise $500 million. And that’s obvious value added to a company with a market of only $200 million.
The stock’s consolidating above $1.20 right now …
BGXX chart 5-minute candles Source: StocksToTrade
Pay attention to tickers that spike and consolidate. Like the three above.
The consolidation is a hint the price could move higher. And we want to take advantage of those additional spikes.
How To Get There First
These spikes are huge.
But they’re fast too.
MSGM spiked +1700% in two days.
Frankly, I don’t have time to wait in front of my computer all day for the next big spiker.
Plus, I’d be at a disadvantage. Pro traders have access to breaking news that’s released before the general public gets access.
Want to be alerted to hot trade ideas before anywhere else?
Breaking News Chat is the alert service that traders can’t get enough of. Two former financial analysts scour the Stock Market and news for stocks that could potentially spike and alert the room allowing you the chance to get in on the action.
Check out the alert for HSCS on January 30th:
This is a tool you’ll want in your trading toolbox.
So there are already people watching these tickers before the spike even starts.
I want to be part of that group.
So I subscribed to a service that alerts me whenever there’s hot news in my niche.
If you want the most opportunities to profit, remember, the early bird gets the worm.
See you in the next letter.