A major macro news headline is moving certain stocks and sectors…
The biggest winner on Friday and my top watch yesterday has already made impressive moves.
Plus, another stock just moved 126% on breaking news!
So while I don’t talk politics when it comes to trading…
And negative headlines aren’t something we want to hear … At the end of the day, we’re here to trade stocks and make money.
So we need to recognize where the opportunities are…
Today I’m breaking down why ParaZero Technologies Ltd. (NASDAQ: PRZO) was a great play on Friday and how it ties into a new potentially hot sector.
Plus, I’ll share the three sectors and stocks to watch…
The Hottest Stock Right Now & Sectors to Watch
My goal every day is to teach you a process.
So while a lot of traders just want a hot stock pick every day (I give you two picks LIVE daily as part of the Daily Income Trader system)…
I want you to understand why ParaZero Technologies Ltd. (NASDAQ: PRZO) was such a great play and the process I went over in my live webinars on Friday.
Friday Morning
At 8:28 a.m. on Friday morning, I was in Pre-Market Prep listing off what I liked about PRZO…
- A low float stock.
- Trading good volume.
- It had news.
- It’s a failed IPO and a drone play which have been kind of hot.
And by the end of Pre-Market Prep at 8:44 a.m., I was telling people the volume on it was crazy so all the patterns applied…
- A ‘buy-in pre, sell-in pre’ trade at the $1 cross.
- Use the Oracle signal.
- A post 9:45 a.m. dip and rip.
- An afternoon VWAP hold.
And I said, if it closed strong it would be a watch for a weak open red-to-green move on Monday.
Plus, PRZO had cheap locates on Friday. So the short sellers could add more fuel to an explosive move.
Those are all the reasons I like PRZO on Friday and why it worked so well.
Fast forward to yesterday and here’s what happened in the premarket…
Monday Morning
When I was making my plan on Friday, I had no idea that a war would break out in the Middle East…
And PRZO just happened to be an Israeli drone stock.
So while we don’t get happy about war or any negative news like COVID or cancer — we do look to take advantage of moves in the market from those headlines.
PRZO went from being just a potential short squeeze play to a story stock. And it was already on everyone’s radar from being up so much on Friday.
That’s why it was also my number one watch yesterday.
But now, what can we look for in the future?
Future Plays
Now that we have a macro headline moving stocks, here’s what sectors I’m looking at…
Since PRZO had a big move, we could see more drone plays take off.
But I’ll also be looking for weapons plays and security or defense plays. We already had a big move in Israeli security stock, HUB Cyber Security Ltd. (NASDAQ: HUBC) yesterday…
Thanks to the Breaking News Chat there was potential to catch a 126% move in that stock.
But I’ll also be looking for potential plays in oil and gas stocks.
Crude Oil spiked 3% yesterday as traders think oil production could be hit if the conflict escalates or spreads.
We saw oil prices rage when the Russia/Ukraine conflict kicked up…
And we had some great winning swing trade ideas on my weekly watchlist when Halliburton Company (NYSE: HAL) and Exxon Mobil Corporation (NYSE: XOM) broke out to new all-time highs.
Yesterday, HAL was up over 7% and XOM was up 3.5%+, so we’re already seeing some spikes in that sector.
When macro news like this hits, it’s crucial to stay on top of breaking news and spot opportunities…
The best way to do that is to try out our Breaking News Chat for 14 days now!
If you want to stay on top of what’s moving in the market and how to trade the fast-moving opportunities — join us in our free live training sessions.
🔥 We go live multiple times per day to stay on top of news and spiking stocks.
🔥 We give trade ideas and show you the tools to help you take advantage of the moves.
If you’re skeptical — see what traders are saying about StocksToTrade and our training here.
Then join our next live training session here!
Have a great day everyone. See you back here tomorrow.
Tim Bohen
Lead Trainer, StocksToTrade