Hey traders, it’s Matt here.
This coming week, the market will be closed on Thursday, July 4, in observance of Independence Day.
Short trading weeks invite more volatility to the market!
Here’s why:
Degenerate traders are trying to squeeze the same amount of profits from fewer trading days. And savvy traders like me, Sykes, and the rest of his students, have a perfect opportunity to ride this momentum.
This week, we’re most likely to find the biggest runners on the Breaking News trader scan. It alerts the hottest runners right when they start to move!
For example …Â
Last week on Thursday, June 27, Keith Gill, A.K.A Roaring Kitty posted a photo of a cartoon dog on X. A vague shoutout to Chewy Inc. (NYSE: CHWY). See the post below:
As a direct result, the stock spiked by $10 that day. And Breaking News alerted the move immediately.
See the chart of CHWY below with the trade alert overlaid. Every candle represents one trading minute:
CHWY chart intraday, 1-minute candles Source: StocksToTrade
When the market opens on Monday, July 1, my eyes will be glued to the Breaking News scanner.
I’m also still watching the #1 AI-energy sector runner.
Prices pulled back on his stock last week and found solid support to bounce off of at $15. This coming week it could surge to new all-time highs!
It’s still new to the market. The IPO was on May 8.
There are SO MANY opportunities to profit in this 2024 market!
Don’t miss out this week.
My #1 AI Stock To Watch
Bryce posted about this runner last week.
There was solid support at $22. But ultimately the chart continued lower to a more definitive support level. By the end of last week, Nano Nuclear Energy Inc. (NASDAQ: NNE) seemed to find support around $15 (a key whole number).
Take a look at the chart below, every candle represents 10 trading minutes:
NNE chart multi-day, 10-minute candles Source: StocksToTrade
This AI-energy runner followed our trading framework to a T during the runup.
For example, last week, Sykes’ XGPT AI trading bot called a MASSIVE entry on this runner.Â
Take a look at the trade alert overlaid on the chart below, every candle represents one trading minute:
NNE chart multi-day, 1-minute candles Source: StocksToTrade
And now that NNE found solid support, we can use XGPT to build smart positions on the next leg up.
Don’t miss the next trade opportunity on NNE.
The nuclear-energy sector is heating up due to the overall energy demand for AI.
Major CEOs like Elon Musk and Sam Altman have been talking about this for months. And the sector is finally hitting the market.
It’s still early, but don’t waste any time!
If you missed out on the first AI surge in early 2024, now’s your chance.
Cheers,
Matt Monaco
*Past performance does not indicate future results