What's up everyone? Alright, so here we are: finishing the fourth day of May May 79th trading day of the year of 8,500 bucks. So just this is crazy. And you know what, when I started on May 1st with a three thousand dollar losing day. it was my fourth red day in a row and you know you can go back and watch the recap.

I was starting to feel a little bit bummed out. and then all of a sudden out of nowhere $29,000 on Wednesday another $29,000 on Thursday $8,500 today. and just like that, I'm up 63 thousand dollars on the month. Things have really turned around and suddenly I've got a shot at $100,000 a month.

the best month of all time, 117 thousand and I'm halfway there in four days of trading. So right now it's just about you know, getting down to the grind trying to get good quality setups every single day. And I've got a big cushion, so I can afford to be a little aggressive. but I have to be able to.

you know, like we said earlier in the week, see the rain on the windshield, you know? and I'm trying to get my best lap time around the racetrack if it starts to get choppy. if things aren't quite right, I've got to be able to adapt I've got to be able to adapt faster than I have in the past. So if I start seeing a lot of stocks pop up and get slammed back down. I'm gonna be slower about just jumping in and trying to chase the momentum chasing momentum works in a hot market and you can capitalize on it.

That's called capitalizing on the FOMO but you don't want to fall victim to it so you really have to be really in touch with the emotions in the market. And so Monday morning we'll see what you know it has in store for us. I'll be back at it first thing 9:00 9:15 doing pre market analysis and I'm hoping that we see some more really good setups because right now things are pretty hot and I'm pumped about it. All right.

So let's break down today's trades in today's midday market recap. What's up Everyone? All right? So we're gonna do a quick little midday recap here. It's a little later in the day I Traded a little bit longer today than I would on an average day, but we've been in a market right now where it's been important to try to capitalize on the momentum. So finishing the morning up: Eight thousand, Five Hundred Ninety-four dollars.

Another great day of trading yesterday. Twenty Nine thousand The day before. Twenty Nine Thousand Dollars. I'm up sixty.

Let's see. Sixty Six thousand Dollars in almost Sixty Eight thousand dollars in Three days of trading I Mean it's it's mind-boggling It really is. You know when I have a day where I make thirty thousand dollars in one day or twenty Five thousand dollars is a single trade, you know I don't I don't really? I mean I I Don't really think of it as income in comparison to what it's actually worth. You know I don't really think like what I could buy with twenty-nine thousand dollars or was sixty five thousand, sixty six thousand? Whatever it is and in three days.

but you know it's It's almost like pretend money. You know just the way I Stack up these profits. Alright, this account was that seventy five thousand dollars three days ago and now it's going to be at one hundred and forty two thousand bucks. I Mean that's that's crazy I could literally take out sixty six thousand dollars from the last three days of trading and go.

You know I don't know I mean what would I even say I don't even know what I would spend the money on, but you know it's it's crazy I Remember when making four thousand dollars in one day was mind-boggling because that to me at that time was enough to pay all my bills for the entire month and then some? So four thousand dollars in a single day was like wow, and you know that was whatever. four or five years ago Now making twenty nine thousand dollars in a day. Yeah, that's more than enough to pay all my bills for the month. but it's It's pretty crazy.

The market is an incredible place and so what you have to learn is how to capitalize on the FOMO and not give in to it. And so in the last couple days we've seen a lot of huge opportunities and so they're driven all by this. first move on: IMT II This is really what got things going this week and you know, well, from $2 to $40 is incredible. But last week GN Px was also really impressive.

This stock squeezed up from $6 all the way up to $20 a share. and it was a fairly recent IPO stock. and I Think that maybe was the very beginning of this recent IPO breakout. So the recent IPO breakout is when you have a recent IPO and then we break out over the highs and we surged through them.

So it happened there. it happened on Bo XL the O XL recent IPO boom it breaks out squeezes up to 15 IMT II breaks out over 10 squeezes all the way to $40 The thing with recent IPOs is that you don't have any resistance because they've never been this high before. and a lot of times there's a lockout where insiders aren't going to be able to sell shares anyways, so you don't have that upside resistance of people selling now. I Don't know what the lockout period is on any of these stocks, but it's something that's very common when companies.

IPO So in any case, these opportunities paved the way for sympathy momentum and we saw it on V V PR yesterday going from $2 to $6 We saw it on M KGI yesterday, squeezing up from $2 to $5 But what you're noticing is that a lot of these stocks aren't holding their levels really well. They're hitting these highs and then they're rolling over. So the FOMO that fear of missing out it encourages traders to buy higher and higher and higher because they're thinking this could be the next stock that goes to $40 And so they're just buying it up and up and up. But then short sellers begin to see that these stocks are failing and so they start shorting it more and more aggressively.

The stocks don't continue long traders bail out, they drop more, shell short sellers come in, and that's where you start to see the imbalance. So today being the third day of hot momentum, I was very mindful of the fact that we needed to be careful. First day is always great. second day is sometimes better than the first day, but third and fourth day can start to be pushing our luck and so someone asked me should I trade I am te today and and I said well I'm personally not going to trade it because it's the third day and I think it's gonna be too difficult.

same with Bo XL it's the third day, it's going to be too difficult. We need to look for fresh opportunities and so we had a fresh opportunity here on L ENS This one just started to move yesterday and it continued into today. So on this one I had in order to buy 15,000 shares at 450 out of the gates I only filled 1,900 it popped up to 550. What could have been a $15,000 winner, but it didn't hold that level at all.

It sold off and I ended up stopping out with just a thousand dollars of profit and that was my first trade of the day. Second trade of the day: bli n this one hits the scanners starts to squeeze up fresh momentum I see it breaking the 200 moving average and I jumped in it so I jumped in at 55, 55, 58, 70 I'm adding as it's going up I'm being aggressive because I know that these stocks are going to dollars to $5 in a matter of 15 minutes. and when you see one starting to take off at the right time of day which is between 9:30 and 10:30 that's the time to be aggressive in this type of market. In a slow market I wouldn't have even gotten in this because I needed to wait for a pullback.

but in this type of market I jump in and I ride the momentum. it squeezes up to a high of 350 which would twelve thousand shares was at the high, maybe almost seven. eight thousand dollars. I end up stopping out as it comes back down with five thousand, three hundred, and profit.

and again it's a stock that didn't hold the level. So again, we're now. We're seeing a couple of stocks that pop up and fade, pop up and fade. and I'm thinking that we need to be a little bit more careful and we need to be more selective about what we're willing to trade because I don't want to continue to get stopped out I end up taking a couple more small trades on BS P.m.

a stock that pops up, hits the scanners, goes up from 280 to 4:17 I take a trade on N FEC a small win on this just scalping the pull backs. so we get little one-minute pull backs right here and I'm jumping in for the break of that flag pattern CCC L jumped in at $2 sold it to ten. not the easiest stock to trade and see net, the one that I lost on. So overall, today was a day of trading, but we didn't see the same level of extension and just a motion that we saw on Wednesday and Thursday.

So things are coming back down a little bit and what? I encourage you guys to do over the weekend is study the charts and re-watch those midday recaps from Wednesday and Thursday and just try to really understand how you would have traded those stocks because next week Monday Tuesday Wednesday we may see Momentum come back into the market and I want to make sure you guys are able to capitalize on it. Make some money, you know, produce some profits so you can really start to build that cushion on the month of May for those of you that missed some of these opportunities this week. All right. So again, you know we're just in this market that is giving us some great opportunities.

And even though I started down 3,000 on the first day of the month, I'm now up sixty to sixty three thousand dollars for May And suddenly, just like that, this is setting up to be potentially my best month of all time. Best month for me is 117,000 So I'm you know, more than halfway there in four days of trading and I still have three and a half weeks left. So I'm excited! I think this is going to be a really awesome, awesome month and let's just see what happens. So anyways, I'll be back at it first thing Monday morning 9:00 9:15 in the chatroom and anyone that has questions over the weekend feel free to I post them below.

We'll come back and answer them over the weekend. Alright, so that's it for me. I'll see you guys first thing on Monday morning. if you're still watching, you must have really enjoyed that video.

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