I love it when I’m right!
A couple of weeks ago I talked about one of the hottest sectors in my crosshairs: quantum computing.
If you missed it, read all about it in my blog post.
Well, that was only the beginning, and I knew it…
This week, they’ve been popping off again like firecrackers!
As I told my >StocksToTrade Advisory members, the resurgence has to do with many things, but this week’s insanity primarily comes from one catalyst…
Here’s a headline from Monday:
According to the BBC article:
Google has unveiled a new chip which it claims takes five minutes to solve a problem that would currently take the world’s fastest super computers ten septillion – or 10,000,000,000,000,000,000,000,000 years – to complete.
By the way, tune in to this week’s >SteadyTrade Podcast on Wednesday. Matt and I will discuss this new wonder product and its crazy potential.
So Here Come the Small Cap Momentum Plays…
After Monday’s Google announcement, we’re again seeing some major action in small-cap, quantum computing stocks.
Our old friend, Quantum SI Incorporated (NASDAQ: QSI), which I talked about the last time, gained over 80%* between Monday and yesterday.
QSI 2-Day, 1-Minute Candles Chart; SteadyTrade
And check out Quantum Corp (NASDAQ: QMCO)…
This thing returned over 60% between Monday and yesterday.
QMCO 2-Day, 1-Minute Candles Chart; SteadyTrade
Then there was Rigetti Computing Inc. (NASDAQ: RGTI), which >Oracle caught yesterday morning, giving us a green entry signal at $4.54 per share.
After bypassing that, it steadily rose to a high of $6.89, for a gain of 51.76%*.
RGTI 2-Day, 1-Minute Candles Chart; SteadyTrade
Also Keep an Eye on AI Stocks
And the Google Willow announcement isn’t just a boon for quantum computing…
Keep an eye on any stocks related to AI.
Take a look at Apple Inc. (NASDAQ: AAPL). I’ve loved this stock as a swing trade for a while now. It was a pick in my November >StocksToTrade Advisory Newsletter.
And Monday’s news really helped it along…
AAPL 2-Day, 1-Minute Chart; SteadyTrade
My Final Thoughts…
Don’t overcomplicate things—follow where the money is flowing.
Look at the big quantum computing and AI players: Apple, Google, Amazon and Open AI.
And remember, big tech dominance flows into swing trades and eventually into small caps, which clearly happened this week…and I know that’s not the end of it.
So stay focused on quantum computing and AI. These sectors have the most momentum, and they’re setting up some incredible opportunities for us.
For more advice on trading the hot sectors and other strategies, join our StocksToTrade community.
We have tons of free live webinars.
They run all day and offer trading tips and tricks, info on our >Oracle trading system, and other valuable training.
>Click here to join a session.
And for additional trading mentorship, stock ideas, and more, join my >StocksToTrade Advisory service.
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>Sign up for StocksToTrade Advisory right here!
Have a great day, everyone. See you back here tomorrow.
Tim Bohen
Lead Trainer, StocksToTrade