There’s No Time

by | Feb 3, 2024

Hey traders, it’s Bryce here.

I warned you.

I said if you don’t pay attention every day you’ll miss profit opportunities.

Take a look at last week’s runners:

  • Monday: NexImmune Inc. (NASDAQ: NEXI) spiked 110%.
  • Tuesday: Remark Holdings Inc. (NASDAQ: MARK) spiked 350%.
  • Wednesday: Connexa Sports Technologies Inc. (NASDAQ: CNXA) spiked 280%.
  • Thursday: NeuroBo Pharmaceuticals Inc. (NASDAQ: NRBO) spiked 85%.
  • Friday: Intelligent Biosolutions Inc. (NASDAQ: INBS) spiked 130%.

And they’re not the only stocks that spiked. I could have added more to this list.

I gave you one for each day of the week just to solidify my point:

There are stocks running every single day right now.

And it’s all because of the larger market.

When major indices push to new heights, the plays in our small-cap niche are stronger and more abundant.

That’s why professional traders get excited about bull markets. My trading mentor, Tim Sykes Tweeted about it when the S&P 500 ETF Trust (NYSE: SPY) surged to new levels yesterday:

These plays will continue if the market continues to surge.

I expect a pull back eventually. Whether it’s in the next few weeks, a month from now, or next year. Things WILL cool down. The market ebbs and flows.

Take advantage of this momentum while it lasts!

Next Week’s Opportunities

All of these stocks started to spike during premarket.

The market opens at 9:30 A.M. Eastern, that’s when most people are trading.

But premarket hours are between 4 A.M. and 9:30 A.M. Eastern.

Don’t worry, you don’t have to watch the market for 5 and half hours before the actual trading starts.

There’s a tool we can use to scan the market for the hottest stocks. By the time you check the scan in the morning, it will have already compiled a list of the day’s hottest runners.

Some people do trade during premarket hours.

Here’s a trade that Sykes made before 9:30 A.M. Eastern:

Source: Profit.ly

But in my opinion it’s not necessary.

There’s still a lot of volatility throughout the day. There’s no need to stress yourself out.

Unless premarket hours work for your schedule … You could trade premarket spikes and then log off for the rest of the day.

That’s the beauty of this market. You get to do what works best for YOU!

When premarket opens on Monday at 4 A.M. Eastern, the scan starts looking for the hottest runners. Here’s how to choose the right one … 

Only The Best Plays

The scanner picks out the most volatile stocks.

But some plays are better than others.

Don’t waste time with the bottom of the barrel. We want the juicy fruit on top.

This next part is very important: If there isn’t any juicy fruit, we never settle for the rotten ones.

Sit on your hands if you have to. We only want the best plays.

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Next week this is what they’ll look like:

  • Spiking more than 20% on the day.
  • Hot news/catalyst.
  • A float below 10 million shares.
  • With a trading volume above 1 million shares.
  • A price below $5.
  • And a decent history of spiking.

It might look like a lot of factors.

But if the scanner alerts 10 stocks on Monday … There’s only 1 of me. And these plays move fast. I don’t have time to watch 10 stocks.

The factors above help me whittle down the list of hot stocks to a select few red-hot runners.

When you wake up on Monday, run the scan.

Then get ready for some major fireworks.

The market is on fire right now. Take advantage of this momentum!

Cheers,

Bryce Tuohey