Published: 2024-11-01
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
If there are 10 more moves similar to the recent ones where price reversals occur after initial pops, the market could enter a 'colder cycle' where short sellers become more aggressive. This cycle would persist until a stock with strong underlying news rallies significantly, causing short sellers to be squeezed out, leading to a large second push and subsequent pullback.
"if we have 10 more moves like this then clearly Traders are going to stop buying any of these breakouts right and anything that pops up shorts are going to hit a lot harder and what'll end up happening if that happens is we'll end up going into a colder cycle where everything that pops gets reversed until you have one that pops shorts try to hammer it back down but the buyers are there because the underlying news is really so strong that this is going to go higher and then shorts get squeezed out and you get that massive second push and then that pull back and then next thing you know it's you're getting another stock like drug that goes up you know 2,000% in one day"
Pending
The upcoming US election is expected to introduce volatility and act as a wildcard for the market.
"We do also have the election of course coming up this week uh so that's going to throw a little bit of a wild card out there it could at least um depending on what happens so you know that's something that we've got to be aware of some volatility around U around the election"
Pending
A single red day should not be overemphasized as the next day could be significantly profitable if strong news and trading setups appear, similar to a previous $50,000 green day.
"you know today is a red day but Monday could end up being a $50,000 Green Day like last Monday was so it's really going to depend on the quality of the news headlines that we get on Monday and if we have some really nice news headlines we have some stocks that really meet the profile that has worked so well through October then you know I think Monday will be fine"
Pending
The market may enter a 'colder cycle' where rallies are reversed by short sellers until a strong news event causes a short squeeze and a significant second push, similar to the 'DRUG' stock's 2000% rise.
"if that happens is we'll end up going into a colder cycle where everything that pops gets reversed until you have one that pops shorts try to hammer it back down but the buyers are there because the underlying news is really so strong that this is going to go higher and then shorts get squeezed out and you get that massive second push and then that pull back and then next thing you know it's it's you're getting another stock like drug that goes up you know 2,000% in one day"
Pending
The author plans to continue seeking stocks with breaking news, focusing on momentum, volatility, spreads, risk management, and fundamental profile (float, price) on Monday.
"my plan on Monday for the most part is to come in pretty much you know the same as today looking for stocks with breaking news because of course that does work well and we'll see what the momentum looks like we'll see what the volatility looks like a monitor the spreads and if I think I can manage risk and we've got something that's got breaking news and you know it meets the profile the float the price everything else I'll take some trades and we'll see what I can get"
Pending
If two consecutive red trading days occur, the author will implement a 'trader rehab' strategy on Tuesday.
"now of course if I have a second red day on Monday you know two red days in a row then that's when I end up putting myself into a Trader rehab going into Tuesday"
Pending
The safest approach for Monday is to trade cautiously with smaller size, aiming to build a profit cushion before increasing aggression.
"so probably the the safest bet for me would be coming in on Monday um you know just to be just to be a little cautious try to build that cushion and then if I get the cushion pretty quickly and pretty easily then I'll be like okay time to size up and be aggressive but if I can't get that cushion um you know easily than just stay with small size on Monday so that's probably the safest beted just to size down a little bit Monday try to build the cushion beginning of the week before I do anything too crazy"
Pending
The upcoming election is expected to introduce volatility into the market.
"we do also have the election of course coming up this week uh so that's going to throw a little bit of a wild card out there it could at least um depending on what happens so you know that's something that we've got to be aware of some volatility around U around the election"
Pending