Day Trading Game Plan & Watch List for MONDAY
Published: 2024-10-27
Status:
Available
|
Analyzed
Published: 2024-10-27
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The current market cycle is characterized by significant percentage moves in stocks with positive headlines and favorable price/float combinations, and this trend is expected to continue.
"I think that we're in a a cycle here where stocks that have good headlines and where the price and Float combination is right see big percentage moves so I think that we're going to see more of it"
Pending
The speaker finds the sweet spot for successful trading to be in stocks priced between $5 and $10, where they can reliably capture $1-$2 per share in profit as the stock moves to $12-$15.
"so the ones that I typically do the best on are between you know 5 and 10 that's it's a nice sweet spot where you can get a dollar a share you know between $1 and $2 it's sometimes hard to get a full dollar a share but between 5 and 10 you can get $1 $2 a share sometimes next thing you know they're going up to 12 13 14 15 or whatever"
Pending
The NYSE is planning to extend its trading hours to a 22-hour day, running from 1:30 AM to 11:30 PM.
"there was some news out that New York Stock Exchange is going to extend trading hours from um to a 22-hour day so from 1:30 a.m. to like 11:30 p.m."
Pending
The extension of NYSE trading hours to 1:30 AM will likely result in more light volume trading, as most retail brokers do not allow trading before 7 AM, and the earlier hours (1:30 AM - 4 AM) are expected to see even less volume than the current 4 AM - 7 AM window.
"and so people are like oh what's that mean what's that mean and to me it doesn't mean a lot number one most retail Brokers don't even allow trading before 7 am. anyways even though currently the market does open at 4 a.m. the actual Brokers have to allow it as well so the Market opens at 4:00 a.m. but most Brokers don't allow trading before 7: a.m. and although we see some light volume moves between 4:00 a.m. and 7: a.m. they're typically on lighter volume because most people can't trade them so what are we going to see between 1:30 a.m. and 4: a.m. more light volume stuff"
Pending
For the speaker's strategy, a quality stock must have the potential to increase by 40%, 50%, or 100% within a single day.
"I have to make sure I'm trading a quality stocks which means I'm trading something that has the potential to go up 40 50 or 100% in one day"
Pending
MNPR experienced an approximately 1000% increase in price, which is considered an incredible move.
"mnpr which went up I was like a th% this is an incredible move"
Pending
DRUG increased in price by 2,000% the week prior.
"drug uh the week before which went up as you might recall 2,000%"
Pending
A specific stock moved from a price range of $2-$3 to over $60 per share.
"the stock went from $2 or $3 to over $60 a share"
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A stock's price increased from $4 to nearly $40 per share.
"from $4 to nearly $40 a share"
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The speaker intends to capitalize on stock movements that occur between 7 AM and 10 AM.
"the moves that happened between 7 and you know 10: a.m. I'll be here to try to capitalize on"
Pending
If the stock breaks over the pivot high of $13.11, the target price is expected to be $15-$16.
"if we broke over the high of that pivot 1311 then we'd look for a move to 15 16"
Pending
Following a break of $13.11, a move to $15-$16 is anticipated, with this range also serving as a pivot point near the VWAP.
"I'd look for a move to 15 16 and this would be another pivot right around vwap"
Pending
A move from $6 to $7.50, representing a $1 profit per share on 4,000 shares, is equivalent to achieving the daily profit target in a single trade.
"if it goes from six back to 750 that's a dollar a share with 4,000 shares that's practically the daily goal in one trade"
Pending
In a hot market, the speaker is willing to take on more risk due to the higher probability of being rewarded, while still prioritizing risk management and understanding the risk before entering a trade.
"I want to manage my risk I want to know how much I'm risking before I take the trade but I'm willing to take more risk in a hotter Market because this is the type of Market where I'll typically get rewarded for it"
Pending
The market is perceived as hot, with the speaker believing this indicates a cycle where stocks with strong headlines and favorable price/float dynamics are likely to experience significant percentage gains.
"the market feels still pretty hot I could be wrong but it was pretty hot on Friday so I I think that we're in a a cycle here where stocks that have good headlines and where the price and Float combination is right see big percentage moves"
Pending
A company is taking legal action against stock manipulation, involving fractional share buybacks and a reverse stock split.
"the company is taking action against stock manipulation with fractional share Roundup with reverse stock split"
Pending
Stocks that have recently undergone a reverse split, in addition to meeting five other stock selection criteria, have the potential for exceptional performance.
"does this stock have a recent reverse split and it does recent reverse split is a multiplier Factor anytime you have a stock that already meets five criteria of stock selection and also has a reverse split recently that's something that can do something pretty exceptional"
Pending
If a trading opportunity isn't present today, it may arise tomorrow, emphasizing the importance of managing risk.
"if it's not today maybe it'll be tomorrow so I want to manage my risk"
Pending
A fundamental part of the speaker's trading strategy is to understand the exact amount of risk involved before initiating any trade.
"I want to know how much I'm risking before I take the trade"
Pending
The current market conditions are perceived as 'hot'.
"the market feels still pretty hot"
Pending
Following MNPR's movement, UPST has also seen significant activity.
"mnpr and then again like right away upxiang"
Pending
Bitcoin is predicted to reach $130,000 by the year 2025.
"I'm confident it will reach $130,000 by 2025."
Pending
UPXI is predicted to have sold off too much and will not be a viable trade.
"I think it's probably sold off too much and is not going to work"
Pending
PXDT is predicted to be a potentially good stock.
"so I would say that's probably probably okay that's PXDT"
Pending
PXDT might rally to $3 and continue higher at 4 AM.
"at 4:00 a.m. it might come back up to 3: and then continue higher"
Pending
TVGN's decreasing volume is predicted to be problematic.
"you do have a Divergence of decreasing volume so that could be a little problem"
Pending
Extended trading hours (1:30 AM - 4 AM) are predicted to have low volume, leading to unsustainable moves and difficult trading.
"I just I don't think there's going to be a lot of volume behind those moves so as a result I don't think they'll be sustained and I think they'll be harder to trade"
Pending
Even with 24-hour trading, distinct periods of higher trading volume are predicted to persist.
"I think we would still see windows with higher volume because that's when people recognize it's more liquid it's easier to get in and out and that's where more money is made"
Pending
The market is in a hot cycle, and stocks with good news and favorable price/float are predicted to continue seeing large percentage moves.
"the market feels still pretty hot I could be wrong but it was pretty hot on Friday so I I think that we're in a a cycle here where stocks that have good headlines and where the price and Float combination is right see big percentage moves so I think that we're going to see more of it"
Pending
In a hot market, new trading opportunities (new stocks making big moves) are predicted to consistently emerge.
"there's always going to be another one around the corner if it's not today maybe it'll be tomorrow"
Pending