All right everyone, good morning. Well, it's about uh 905. we've got 25 minutes to the opening bell. Not a lot of action so far this morning.

Top of the biggest move. I guess so far about 30 percent made 900 bucks on that. Ciss lost 137 on that one. Uh, we don't have any really big moves today.

The problem with top at this point is that it's going sideways I Want to trade a stock moving higher? not going sideways? so I have no interest in top Ahi Hit the scans a minute ago. Um, kind of weird. I I Don't know if this is one of those like broken, um, reverse splits. Something weird happened here I'm not exactly sure what.

the stock squeezes up to seven, dropped back down to five, but then it's way down here. What was this? Um, all of a sudden we're zooms down here at 3.45 then it squeezes all the way up to 679 and now it's back at five. So um, it's just like a weird split. I think I I I I Don't know that there's actually going to be save opportunities on that.

Sometimes you know. uh. a split that's not done correctly can create opportunity, but this just seems odd. So for right now, I'm leaving it alone.

You know we'll see if it starts to move through seven dollars, but I Sort of doubt that it will. All right. So so that's H uh sorry a H I uh, we've got Top is in top those in Orange he is in pneumonia. Let's see I 1066 Yeah, back down to 10.

leave that one alone for now. I Just don't see anything that looks good right now. so we're kind of, um, you know, in a little bit of, uh, a little bit of a lull here. Does anyone else see anything that looks good? So it's Friday we're at the end of the week.

um Monday is a half day and then the Market's closed on Tuesday for the Fourth of July Rnlx I Looked at that one earlier. Um, it didn't look like a very interesting chart. Tesla uh I mean I'm happy to look at it obviously moving higher but not something that I would trade right now. Top my goodness.

So I'll take a starter on top here for the squeeze up to 11 added at 75. Now looking for 85 and 95, so watch over 85 on top. So now with top hitting new high added here at 74. so there's 85.

let's see if we get through 90. a little chop here, more than I expected. New order 95 took a little profit at 75 or 85 added at 90 right there. Let's see if we can get through 11.

so we've got 89. Let's see if we get 95 and over 11 a share. If we can get through 11, then we've got some nice room on this up towards 12. seems like it's just stalling out.

We'll add on the trade. only made what? 300 bucks? 400 bucks you know? I don't know where that pop of volume came from, but my thought on it was jump on the momentum. Unfortunately it just sort of stalled out. so now let's see what it does.

Um, foreign. tried to fill there. it didn't get filled so added here for the Breakthrough 11 dollars. Now looking for 11 15.

So I I'm thinking this on the daily chart. we were talking about 12 Target before so let's watch over 11 15. there's 1108 holding 1500 shares, new orders at 11 10. added at 99 buying this dip, there's 1104.

just kind of trading this range. new orders 11 10. foreign. So we were looking at this as having room from about 10 33 up to 12 and then from 12.

Lots of room up to this next level here which is like 24 bucks. So this one is our leading gapper. Well the leading gapper that's in play. Rnl X is a little bit higher, but this one's this one's the most obvious one.

Dip at 86 looking for a retest of 95. So what I'm doing here is this candle has a low B4 and I'm looking to buy this pullback for the first one minute candle to make a new high. So I added an 88. Now this candle has five seconds left on it and we're going to look for the break over 10.95 so see how that's a little doji candle? There's 1093 1094.

So I'm going to look for the pop back up over 11 a share. Let's see if we can get through 11 new orders at 96. flat at 87 for a small loss. Bought the dip at 74.

1500 shares. Sometimes you know you just got to get out and then get back in. Add it at 74. taking a little profit at 81.

watching for another dip down here. Now taking the rest off the table for a small loss. So up 1 618 dollars high volume on the five minute nice volume profile. This would have been nice if it went up a little more foreign.

Yeah I saw it David about 12 minutes to the opening bell. Reminder for those tuning in on: YouTube Uh, if you haven't hit the thumbs up I Hope you do I Hope you find this episode and the morning shows educational interesting I Hope it helps you better understand Momentum trading that's obviously my specialty I Focus on Momentum Day trading and I should probably remind you as always that my results aren't typical and trading is risky. So make sure you manage your risk and practice and simulator before you put real money on the line. And don't try to blindly follow me or anyone else for that matter.

You've got to understand why you're pressing the buy button. You've got to understand the setup, the strategy, and the best way to do it is to practice in simulator, build a track record, build some confidence, and then flip the switch and start putting real money on the line. The criteria is for my momentum scanner. Well, I have a number of different settings that we use.

We don't share I don't share all of those settings, but my students have access to these scanners so they can use them just the same as as I can. So we're using the same exact tool. But generally speaking, what I look for in order to consider a stock is number one. I Prefer the price to between be between two and one.

Sometimes I'll trade cheaper stock above a dollar every now and then I'll trade something that's like 90 cents, but not very often. so usually between two and twenty between 5 and 12 is probably the sweet spot. I Like to trade stocks up at least 10 already I Like to trade stocks and have at least five times relative volume I Like to trade stocks that have news that's the Catalyst that's the reason they're going up and I like to trade stocks floats of under 20 million shares because those are the ones that can go the most parabolic and the lower the floats. you know, three million, one million, 500 000 share floats.

Those are stocks that I've seen do crazy moves where you know we've seen stocks basically just go straight up so that doesn't happen all the time, but you get to sort of develop a sense of the type of stock that has the potential to make those moves and the types of stocks that just don't. So I try to focus on stocks I think have more potential but I'm a base hit Trader I take Basics I'm not swinging for home runs I'm not trying to do anything crazy I'm just looking for base hits and they add them. I've been able to turn an account with less than six hundred dollars into over 10 million in profit. and that's by focusing on base hits.

All right. Well, we've got about seven minutes the opening bell. Um, at this point I am probably just gonna sit tight going into the open. We had some pre-market action, but nothing phenomenal.

Glad to be green. You know this is oh I guess this is the end of June So last day of the month this is a small green day for me. but you know, hey, it's a green day. Like can't really complain about that.

I'm in Italy life is good. so if I'm I'll make as much as I can you know that's the thing. Uh, if there was more opportunity and this went higher, I'd be up more I Can't feel really too bad about not being up more because I you know I can't control how much momentum we have. you know how how much a stock is going to go up.

So it's like if things make big moves I'll do really well if they don't I won't and there's nothing I can really do about it. So I'm kind of, uh, sort of powerless to that extent I just will trade the action that's in front of me if I have great action I'll do really well. We don't have a lot of action, it's going to be a little slower. So today, 1600 bucks I don't feel like I missed anything I I don't I I guess you know I didn't catch the majority of this candle, but I I wouldn't have been watching it at this spot to be in before that happened because that didn't make sense I don't know, someone must have just I don't know what happened there.

But in any case, I don't feel bad about missing the beginning of that I caught the end of it. Yeah, we don't even have a gap for over 40 so it's kind of a slow finish to the week, slow finish to the month. but it's all right. Ended up having a couple of really good days this month which is great and uh, you know July starts on Monday so we'll be back at it on Monday morning I Hope you guys have a great weekend.

manage your risk for those that keep. Trading Reminder is always my results aren't typical so make sure you take it slow practice and simulated before you put real money on the line. and I'll see you guys back here on Monday morning.