Hey traders, it’s Bryce here.
The market took a major dive yesterday.
It was connected to the poor earnings data from Alphabet Inc. (NASDAQ: GOOG) and Tesla Inc. (NASDAQ: TSLA).
For an idea of the true magnitude, take a look at the TSLA chart below. Every candle represents one trading day:
TSLA chart multi-month, 1-day candles Source: StocksToTrade
For most of the market, the poor tech earnings were a surprise. As a result, it dragged major indices lower on Wednesday.
But a few traders were wise to yesterday’s data before the earnings reports came out …Â
A group of traders in our community have developed a system to predict financial data before it’s announced.
Make no mistake, this changes the game completely!
Wall Street had the upper hand for years, decades even! They use high frequency trading bots to enter positions with the most up-to-date data at lightning speed.
As small-account traders, there’s no way we can compete with high-frequency traders. It’s like the difference between Polish cavalry and German tanks in World War II.
That’s why we employ technology, like AI, to compile readily available data that helps us build smart positions before an earnings announcement.
There’s a LIVE tutorial for this trading strategy tonight at 8 P.M. Eastern … Reserve your seat if you haven’t already!
We’re still in the middle of earnings season.
There’s time to apply this strategy right now!
And if you’re worried about the tech-stock slump this week …Â
Imminent Market Rally
Our market environment can change day to day.
One day the market could fall lower, bringing 3 out of 4 stocks with it, the next day it could surge upward with a bullish catalyst.
That’s why it’s so important to pay attention!
Yesterday we experienced a HUGE price swing in the overall market where prices dipped lower.
But we’ve already had an awesome summer thus far, full of insane runners. That’s why I’m not surprised by this market pullback.
I’m not nervous about it either.
Now that the market dipped, it opens the door for a possible market rally. Any surge could bring back the +100%* intraday runners that we’re used to in 2024.
It could be as early as today …Â
Remember I mentioned that this market environment can change overnight.
Every day this week I’m looking for a return to the insane small-cap runners we’ve been trading all year.
+640% Runner This Week
On Tuesday, July 23: Azitra Inc. (AMEX: AZTR) spiked 640%*.
The biotech stock announced new patents that strengthened its overall intellectual-property portfolio.
Plus, StocksToTrade shows that there are only 640k shares in the float. Any stock with fewer than 10 million shares in the float is considered to have a low supply.
The low supply helps prices spike higher when demand increases.
This was a textbook spiker! Anyone watching the StocksToTrade Breaking News scan would’ve got an alert right when the stock started to spike.
Take a look at the alert overlaid on the AZTR chart below, every candle represents one minute:
AZTR chart intraday, 1-minute candles Source: StocksToTrade
Get the next Breaking News trade alert!
AZTR isn’t the only Breaking News runner this week … Take a look at the post on X below:
(Source)
Start using Breaking News TODAY!
Because your next trade opportunity is right around the corner.
Cheers,
Bryce Tuohey
*Past performance does not indicate future results