Friday afternoon, I had a sort of heart-to-heart with my StocksToTrade Advisory members…
Why?
Because last week was very slow in the trading arena.
But I wasn’t worried about the slowdown…
Frustrated? Yes, but it’s not like it’s the first time this has happened.
To put things into perspective, you have to think back to November when it was absolute madness.
We had days where multiple stocks ran 100-200% after the open, even on top of huge pre-market gaps.
And Thanksgiving week? Same thing.
Early December? Perfect setups left and right—quantum computing plays, AI plays, drone plays, everything seemed to be running wild.
But then, about 10 days ago, everything calmed down.
And that is nothing unusual, especially after a period of insane volatility. Think about it…It just doesn’t make sense that the insanity doesn’t take a breather.
Call it a reversion to the mean, call it a hangover after a big party, call it what you want—-it’s the natural way of things.
Traders who crushed it are taking a break. Some shorts who got wrecked are licking their wounds. And overall, the volume dries up, and so do the big moves.
So what do you do during these times? You do nothing.
Or better yet, instead of trading, refresh the trading concepts you already know and learn some new things.
Maybe the market is giving us a gift in that sense: a chance to slow down and sharpen our skills.
Speaking of, to learn lots of trading tips and tricks, join our StocksToTrade community.
We have tons of free live webinars.
They run all day and walk you through real-time trading. They also offer information on our Oracle trading system and other valuable training.
One of the key points from my pep talk on Friday was that it just takes one low-float stock.
One low floater can flip the switch and bring all the momentum back.
And yesterday, we got exactly that with Sidus Space Inc. (NASDAQ: SIDU).
SIDU: The One That Saved the Day
SIDU was today’s number-one Oracle play.
The green signal came in this morning at $2.47 per share. After SIDU hit that, the stock climbed to a high of $6.84 for a win of 176.92%*.
SIDU One-Day, One-Minute Candles Chart; Steady Trade
That’s the beauty of Oracle. It scans the market every single morning and finds us winners, even when the market is slow.
And when SIDU was set to get the party started again, Oracle caught that one too. We knew exactly when to get in and capture that big return.
If you’re not familiar with Oracle, the algorithmic tool I couldn’t trade without it, learn more about it here.
What Else Was In Action Today?
Even though I knew a low float stock would reignite the market, whether yesterday, today or next week, SIDU’s move yesterday did much to lift my spirits.
And guess what?
Quantum computing continues to crush it!
Take D-Wave Quantum Inc. (NYSE: QBTS), for example.
I alerted my Daily Income Trader subscribers to it on Friday when it was trading in mid $4s.
And today, it reached a high of $7.22 for a return of around 60%*!
The momentum in this sector has been fantastic, especially with Google’s announcement of their Willow Quantum Computer. Quantum stocks were flying in November, and now they’re back with a vengeance.
My Final Thoughts…
Going back to the key takeaway of my pep talk from Friday…
It only takes one stock to spark the momentum we need for a comeback, and SIDU could be it.
I can’t predict the future, but after 20 years in the markets, I’ve seen this pattern countless times. And with SIDU’s big move today, I think we’re in for a strong run into the end of the year.
This is exactly why we play defense during slow weeks. As I like to say, “keep your powder dry,” avoid emotional frustration, and stay prepared for opportunities like SIDU.
Take advantage of slow times to hone your strategies so when the tide turns, you’re ready to strike.
There’s no better way to practice your trading strategies than with our StocksToTrade platform. It offers a paper trading environment so you can sharpen your skills without risking your own capital.
StocksToTrade also features real-time data, charting, stock screening, technical indicators, and more. In fact, it’s got everything a trader like me looks for in a platform.
And right now, you can get two weeks of both the STT platform and our news service, Breaking News Chat, for $17.
Grab your 14-day StocksToTrade + Breaking News Chat trial today for only $17!
Have a great day, everyone. See you back here tomorrow.
Tim Bohen
Lead Trainer, StocksToTrade