Here’s an anecdote that might shed some light on what we are seeing in this market.
All my friends, family, and acquaintances know what I do. Occasionally, I get asked about stocks. Usually it’s at a family gathering or with friends. You know how it is, you go to a barbecue and don’t typically talk about work. But they know it’s my career, and occasionally it comes up.
Tonight at 8PM ET
Join Tim Sykes LIVE for an urgent pre-IPO briefing
“Last call to make this unique money move BEFORE the biggest IPO in history!”
Table of Contents
The Big Picture
During COVID I’d get text messages out of the blue.
“What do you think of this stock? What do you think about that stock?”
Now, that was back during COVID. Why do I bring it up? Because it’s happening again.
I heard from a friend the other day. We only talk a couple times a year. He’s married, I’m married, we both have families, right? So, I haven’t heard from him in a year, and he asked…
“What do you think about the SpaceX IPO? What do you think about the Anthropic IPO?”
This hasn’t happened since the COVID days, where I’m hearing from people out of the woodwork who I haven’t talked to in six months or a year asking about the stock market.
SpaceX, Anthropic, and OpenAI IPOs
So, why am I hearing from people all of a sudden? Obviously, the SpaceX IPO is the biggest in history. And both Anthropic and OpenAI have now submitted confidential S-1s with the SEC.
Together, these will likely be the 3 biggest IPOs in history.
Now add the market backdrop to the mix…
No More PDT Rule
It’s kind of interesting to see things play out as expected. When I did this 45-minute Q&A a month ago, this is exactly how I expected it to play out. It wasn’t rocket science. The squeezes we’ve already seen this week are just incredible.
Now, the beauty is that we have:
- Rules
- Patterns
- Strategies
Want to know how to take advantage of this market? There are two things you need to do right away.
First: Join StocksToTrade Advisory
What’s in it for you?
- 3 times a month you’ll get my best research, analysis and a full write-up.
- You’ll receive my weekly watchlist and get access to a members-only website.
- You’ll get my book “10 Trading Patterns You Need to Know”
- PLUS: If you sign up for the 2-year DELUXE deal, you’ll gain access to a library of special reports, including 2 about the SpaceX IPO.
The basic membership is $49 a year. With what we’re seeing in the markets this week, I believe it could be the most important $49 you invest in your trading education this year.
Second: Register for tonight’s special pre-IPO briefing with my mentor Tim Sykes
It’s free to attend and Tim is going to walk us through what he sees happening over the next 3 weeks. He’s also giving away a FREE Supernova trade idea.
My Take
I hate to say this because I want everyone to do well. But between the end of the PDT, the SpaceX IPO and now the Anthropic and OpenAI IPOs… It’s just bringing so much dumb money into the market. I think it’s going to be like the COVID market on steroids.
So, if you missed the COVID market, or maybe you didn’t have rules or know the patterns, get excited.
Watchlist
If you have any doubts about what’s happening in this market, all you have to do is look at these two charts.
Paranovus Entertainment Technology Ltd. (NASDAQ: PAVS) squeezed into a full Supernova yesterday (June 9):
PAVS, 2-day, 5-min candle, short squeeze supernova
Inno Holding Inc. (NASDAQ: INHD) was the watchlist stock yesterday, but it just kept going even after I wrote the newsletter:
INHD, 2-day, 5-min candle, short squeeze supernova
Now, I’m not suggesting we’re going to see +5,136% or even +1,786% intraday runners every single day. But if you think moves like this are unique…
Strap in, my friend, because they’re not.
On My Radar
- Oil prices dropped yesterday. Let’s hope the Strait of Hormuz reopens completely.
- Apple (NASDAQ: AAPL) is finally bringing Siri up to speed by partnering with Alphabet (NASDAQ: GOOGL) and NVIDIA (NASDAQ: NVDA) but keeping user privacy front and center.
- Wild times: Argentina plans to legalize AI-run corporations. Gotta love Milei’s libertarian approach. That said, I’ll wait to see how this plays out.
- NASA’s Artemis III Announcement. I love rockets.