Hey traders, it’s Bryce here.
The larger market is operating under significant fear of sticky inflation. Investors are scared.
Major indices are meandering around support after April’s price dip. There’s no telling where the market goes from here.
That’s why it’s so important to focus on intraday runners.
We’re not worried about how the stock does tomorrow or next week. We just want to capitalize on short term volatility. It helps to keep our account safe from the larger market uncertainty.
For example, last week we watched CytomX Therapeutics Inc. (NASDAQ: CTMX) spike 250%* after the company announced an upcoming financial report on May 8.
The stock spiked in anticipation of the May 8 report. And those who were watching Breaking News got an alert at 9:02 A.M. before the market even opened. There’s a ton of time to plan this trade.
The chart below shows the alert notification, every candle represents one trading minute:
CTMX chart intraday, 1-minute candles Source: StocksToTrade
>> Get ready for Monday’s Breaking News alert <<
On Monday morning these setups are especially hot. Monday’s are notoriously volatile.
But remember, we just want to trade the volatility. We’re not investing.
Here’s how to play these runners:
Trading Framework
The most volatile stocks in the market can follow popular patterns because people are predictable during times of high stress.
Like when they’ve got a few thousand dollars in a stock spiking 250%* in one day, CTMX is just one example. As I said, there are new profit opportunities every day.
These patterns don’t change because people don’t change … as a species, we’ve reacted the same to fear and greed for centuries.
Tim Sykes recognized this framework when he was in college, over 20 years ago. And all these years later we’re still using the patterns to profit.
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 BENF on May 3rd:
This is a tool you’ll want in your trading toolbox.
Matt and I aren’t the only traders to learn from Sykes … One of Sykes’ most accomplished students, Jack Kellogg, has already pulled $12.5 million from the stock market (including losses).
We all use the same process. But Jack is a bit more disciplined than I am, lol.
I don’t sweat it, instead I learn from Jack.
That’s right, I’ve already pulled $1.2 million* from the market and I’m still learning from other traders. That’s the nature of this niche. We’re always growing toward the next big trade.
Right now, Jack has his eyes on a monster spiker that fits our framework perfectly.
And on Thursday, May 9 at 8 P.M. Eastern, we’re gathering to go over the setup. Because when the market opens that Friday … we’re off to the races.
Don’t get left behind:
>> Join Us This Thursday For Jack Kellogg’s #1 Stock Setup Right Now <<
Take it one trade at a time. And follow the rules!
The rules are in place to keep our accounts safe.*
Cheers,
Bryce Tuohey