Whoa! Bring it back to the middle. All right, Happy! Wednesday Wednesday Yes Wednesday Everybody Um, we have a short week this week so this actually isn't really the middle of the week. This is kind of like our Thursday we're gonna have Good Friday off uh this this week so hopefully you guys are excited for a short weekend or a long weekend shorter Market week had that backwards there um and just definitely expect probably some lower volume tomorrow. Uh, especially I You know is Easter weekend is coming upon.

It's probably a lot of travel, uh, probably a little bit less volume in the markets, so I'll probably draw back from using too much size. That looked like even today a little bit. Um, the volumes dried up a bit, but we are still seeing the Spy holding over 400 which is good news. Uh, we're at a pretty major Trend uh that it it really needs to break out over in order for us to see that really strong continued momentum.

If not I think it needs to. you know ideally if it dips hold that 400 level roughly or the high 390s and then test for another breakout for that potential momentum. In other news though, we did have a really big dump on AI because of a short report that was put out on Monday morning I believe and the stock is now down. It was down 15.

or actually it might have been down 25 yesterday I Want to say and now down another 15 or 20 today. Really really smoked that thing. Um, so we'll get into all this. I had a really good Monday and a pretty rough Tuesday and now I'm pretty neutral today as I haven't done too much extra here, but we'll hop on into the charts and yeah, let's just get on looking at these all right.

So uh first, I'm gonna look at J-w-e-l this is one from today that was, uh, moving kind of out of nowhere. I actually caught this from 21 cents right down here as long at 0.212 and I sold unfortunately extremely early I sold everything at 29. I feel that was still a really nice run and then it ran up to 57 so that was a nice move. Um, but I'm glad I caught a little part of that.

got really tough because it just kind of went straight up. which is a problem with some of these movers. I'm seeing right now is that they just move up once and that's kind of the only opportunity and those make for really, really difficult trades because again, it just makes the entry really. um I Don't want to say impossible, but you almost have to chase.

So when I see markets like this where this is really all that's moving. yeah, there's a decent little spot here at 41. um, but that's really all that's moving. It makes it really tough for me to want to take a lot of sides on anything, and if I don't really want to take much size on anything, it makes me think All Right is even worth uh, putting too much effort into trading right now.

Now again, a lot of this is because in my opinion because of what happened here on AI I will take a look at this little five-day chart you can just see how bad that got drained out and I think AI was really going in my opinion going to be what got us some Market momentum some hot, a hot sector, something we haven't seen in a long time. The last real big sector run was oil and even oil back in March of uh March or April of Uh 2022. that still wasn't a sector that got overly hot because after Indo after hoosa after Impp CEI all those after those bounced like nothing really came out of it. Whereas when I think back to bitcoin or I'm gonna switch over back to me for just a second here.

um when I think back to Bitcoin and EV and um, you know some of these more recent ones even marijuana they would like, um, it would spark these sub-sectors that would move with it. you know EB turned to lithium, turned to battery plays, turned to et cetera, et cetera and I think AI is one of those technologies that really has that potential to do that right to stem into so many different um, sub sectors. Some they can get moving because they can benefit from AI I'm not saying that I think you know right now I'm still long-term I Think AI has potential to be a big sector leader? Uh, maybe not even just that stock. Maybe there's another one that comes up.

but I think it has the potential to be a great sector that just might not be the one. especially with that short report. I am still extremely excited about it in the near future because it's just developing so fast. Um, that? I think there's a lot of room for opportunity.

But anyways, let's get back into some other charts I want to go over some trades that I actually took here? Um, you know around the AI sector that I did really well on Bbai is one of those that was one that I I'm really, really happy with how I traded this I got long on my initial starter at two dollars a 201 I'm sorry on this break here and I wrote that the entire day Friday I wrote it all the way up to 250s. then it gapped up slightly. Uh, I entered for an original dip and rip uh to add to that size here at 250 and then of course it dipped a bit more and I added it 236 right here and then a few more times in the 270s and 280 or my last ad here was in the 270s I believe uh and then sold some up into 304 307 range and then the rest on the dump at three dollars. So I was really hoping that if AI really really got cranking right which you know I there was a part of me that thought it could, um, that Bbai could run to, you know, maybe even four to five or potentially break out of AI it went to like 50 or something.

um, but I did re-buy another 5 000 shares here at three dollars at close um and then just sold at 304 pre-market after it started dumping after that short report came out. so that was still a really great trade. That was my first. That was my first five figure trade in a while.

So I I think I actually ended up like exactly 10 100 on that after all was said and done. but it was a really nice win. And unfortunately, um, AI dumping yesterday did hurt me because I tried to uh I tried to bounce gfai at one point. um I tried to bounce Ai and I tried to bounce it a few too many times I really didn't think it was going to have that big of an impact.

Um, but I had a pretty big red day yesterday. Still, you know, still up and everything I didn't lose all that ten thousand dollars. but it was a rough day and definitely one that got me thinking back to myself all right time to slow down. Um, kind of bring back some Focus here and just wait again because I I think AI in my opinion was one uh that you know could heat up the market enough to get some really consistent multi-day movers.

and at this point I just don't see that in the cards. but I Still, you know, see some movers like this some day ones. This Lmnl that gapped up today had a couple decent opportunities on it. A really weird mover though, and it's it's only up because of like a potential buyout.

um at like seven dollars and fifty cents. but it's not even official. So like these weird little news pieces might uh, make some movers like this. but you know so far not seeing Oh actually there was buru this morning b-u-r-u um which actually might bounce a little bit but it's so far under view.

op at this point you know I had this big news this morning. it runs from three up to eight and then it just kind of dumped down. it's so far under V-wop it could bounce maybe up to you know, the 570s I just don't see it being. you know, anything crazy I don't know if I see this going back over High a day or anything I did have a trade on this this morning though.

um I got long at 5 40 I think 5 42 and I sold up into the 620 push I didn't see this the way that it had trapped in the morning. it had trapped a few times right now. break that down. just kind of what I was seeing on for some of these.

day one gappers that I do trade. Um, we have this fake breakout right? So the fake high day break that leads to a lower day break, but then that lower day break turns out to be a fake low a day. uh, break as we consolidate here and we broke out over that consolidation level over the previous low day. So we had just trapped like way too many times on both sides already where this didn't seem like one that was super bullish if it broke out because it already had that high a day trap and got out probably a lot of early.

Longs this was a pretty big dump candle as were these. um, so it just didn't seem like one where I wanted to stay in too long and that's unfortunately how I feel about a lot of these. Day one: Gap up stocks. Uh, they're just.

they're tough unless the market is really hot, but there are scalp opportunities on them in the morning. Now the last stock that I'm keeping a really close eye on here, Um, over the next few days next few weeks is Dwock. And that is because did we find out what the correct term is? It is Indictment, Indictment or Indictment. I don't know there's a difference between the two words and I've heard them both in the news.

Um, or he's been addicted. but it is an indictment I Think that sounds about right? I Have not been following up on this too too much. However, I do know you know that I Think as of yesterday, he was charged with 34 felonies, pled, not guilty. Whatever comes out of that is anyone's best guess, right? No one can predict the future what's actually to come out of this? However, any time that Trump's name is in the news, we do tend to see a run on D Walk.

It's happened just about every time. Whether and Dwark, by the way, is the SPAC that is trying to take truth social Public Truth Social is Trump's company and every time he's in the news and especially when he's doing well in the news. Obviously, you know any kind of criminal charge isn't great, but his TR uh, his support has certainly rallied, His campaign has they say is benefited from it I Think in the news I was reading on D walk I believe Trump's campaign raised like eight million dollars off of that, right? So like it's stuff like that that may actually that that bad news. May lure some early shorts while the stock is you know, at near all-time lows and then actually create a mini squeeze, right? So we see these Gap ups when his name is in the news.

It's not unrealistic to see some range on this. Uh, and it did it. You know the time before if Truth Social can benefit from this, we'll see. but I think it's something that with him being so big in the news right now and knowing how you know kind of Trump's used past bad press releases to try to spin it positive could lead to um, something here for D walk.

And it is certainly interesting that over the past few weeks since all this has started, there has been some very clear interest here, right? Some very clear consolidation. attempted breakout failed so far, but this could be another one of those things right where there's really not a whole lot of attention on it yet, so these levels aren't overly meaningful. Um, and so if it kind of had a few fake breaks here while someone's accumulating a position, I'm definitely keeping an eye on it. That's all.

I'm saying the key level for me is definitely going to be that 15 and 16 area, but you know it's Consolidated relatively well without too well, I say without too many major dumps. but it Consolidated down here in the 16s for quite a while 15s and 16. so it's understandable it sees a lot of resistance there. but I think if we got over like a 16 or 17 break we could see a move up to, you know, the the low to mid 20s which could be a really nice multi-day mover.

Um, so I'll definitely be keeping a close eye on that. but other than that, I'm waiting for AI to do its thing I Want um I want there to be some very clear stabilization or growth in some sector before I get really over aggressive and without that I don't want to be trading all day I Don't want to be sitting here, especially after yesterday's loss. You know it kind of reminded me it was a little bit of a wake-up call. like you don't need to be there in the middle of the day.

Go enjoy the day when the market is not hot when there's not a lot moving. um and really get prepared for when the market is hot which is what I did really well Friday going into Monday when the market was kind of hot for basically two days. so I know I can get prepared for that I just don't want to get overly drained so I'm going to be just waiting and watching and being patient Anyways, that's all I've got for today. Um, so thank you guys so much for watching again! Enjoy the short, the short trading week.

Enjoy the long weekend. If you haven't already, make sure you're subscribed to the channel. make sure you drop this video a like if it helped you in any way or if you enjoyed it, make sure post notifications are on and give me a comment Down Below on what you think about AI Do you think this will be another sec Actor Run. Or do you think that everything in the news with Trump right now could affect Dwac stock? Let me know down in the comments, your thoughts and I'll see you on the next episode of Small Cap.

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