Transcription
What is up, everyone? All right, in today's episode, I'm going to break down my trades from the morning. Today is the biggest green day of the week so far. Maybe that's not saying a lot because this week has been pretty choppy.
On Monday, I was down 26,000 on my first trade, recovered $34,000 finishing in the green about a grand, but it was close. I thought I was definitely going to be locking up a red day. So, that was a close call. Rough start to the week.
Tuesday, I came in and I was like, all right, let's slow down a little bit. We had a stock that pulled away, made about 18, 19,000 on it. Took another trade, was up 17,000. Took another, was back up to 19,000. It was a little choppy. Then we had another stock that popped up, and I lost six grand on that, finished the day up around 13,000. It's good, but, you know, $20,000 is the daily goal. So, I came up shy on Monday and Tuesday.
Today, I'm right at that mark, finishing in the green right now at $19,689.57. VIVS was the stock that I traded and did the best on. Um, you know, this was a little tricky because I traded in the small account today, ERNA, and I missed that trade in my big account. The, you know, the problem was it was just a quick opportunity, but the issue with ERNA, this stock popped up this morning at about 7:35 or 7:50, um, and it instantly became the leading gainer, which is great. That's what we like to see. But, um, the price action, I took this trade right in here with a small account, and it was a close call. You know, I was I didn't go full size, but I got in, I got out, and I was like, okay, that was that was a little tricky. And when it dips back down, it comes back up right here, and uh, we break through 1062, and you know, I really didn't think that it was going to work. Why? Well, remember, yesterday we had UBXG. UBXG had a very similar pattern, a pop, a pull back, curl back up, rejection, and It just was not able to break through that level. And so, I just sort of felt like YRNA was trading in a similar way. And so, I didn't think it was going to break, and then it did break, and I was like, "Okay, well, maybe I should get in here." And I sort of watching and it goes up and then it flushes back down. And I was like, "Yeah, see, now this is risky." But then it bounces right here off of 1062. Right? So, previous resistance now becomes support, and it squeezes all the way up to 1250. I missed that as well. Goes a little higher, but then reverses. Now, as it was pushing a little higher, I noticed a bit of a divergence here where we got to a point where the volume peaked and then was declining. So, declining volume as the price moves higher is a divergence. I don't really love seeing that. So, ended up not taking any trades on that in my big account. Uh curls back up, rejects, rejects. It couldn't get back over the VWAP. And then attention sort of shifted.
We had a couple other stocks are moving. VEEE, this one continued pushing higher um from the move from the other day. It's kind of incredible, but it just keeps going higher. Ended up today hitting high of over $50 a share, but it's back down at 35 right now. No trades on that, it's a little too expensive. And then VIVS hits the scanner, and this one's a little on the cheaper side. So, initially I was like, "I don't know, I don't think it's going to work." But this thing is kind of incredible. It goes from 70 cents to 350, back now down to a dollar. So, the news was that they received, let's see, a $5 million milestone payment from Eli Lilly, and projects a 500% increase in 2027 fiscal year revenue. And the stock starts squeezing. Now, when it first popped up, I was looking at the 200 moving average. And I thought, "Nah, the 200's at a dollar 80. I don't think it's going to break that level." But all of a sudden it rips up to that level, and this thing squeezed through it in a really big way. So, we got this uh squeeze from a $1.60, $1.70 all the way up to a high of 290, little pullback here, and a push higher. So, you know, this ended up giving some great trades. There was uh the micro pullback right here, which I didn't take. I waited for it to break a $1.80. It breaks a $1.80, then adding for the break of 250, we get the squeeze up to 290, profit, then it dips down, adding back for the break over three, and this is where it got a little sloppy because I was looking for that extension and move up to four, ends up flushing back down, and so I had a trade where I was in and out here break even, uh but in the small account I ended up losing on that trade. So, not ideal. Uh but, you know, that's the way it goes. It started to curl back up, but I didn't think that was going to work cuz this felt like this really was just a sort of surprise move, a big extension, and I really wasn't sure we were going to be able to get back to those levels because it became thickly traded pretty quickly.
So, then after the opening bell, NVVE, this one's been squeezing up again, sort of higher price with bigger spreads. This is where things get uh can get risky, you know, you can make a mistake on one of these, and it can be pretty painful. That's my issue is that I'll jump in something like this with 5,000 shares or whatever the case is, and instantly I'm down a dollar a share, or I'm up a dollar a share. Now, you could say just trade with smaller size, and you know, that's that's fine, but it it's hard to get a good risk to reward ratio because you're risking a dollar a share seemingly on every trade you take because the spreads are so big. And can you make $2 a share? And you might be able to, but I just don't like having to make $2 a share to justify taking the trade. So, I end up just generally leaving these alone unless they've got some incredible catalyst that gives me the confidence that they're just going to really keep going higher, but um NVVE, it may go higher, but I'm not confident enough to to getting in up here. I just don't know when there's going to be an insider that's going to sell, when the company might do an offering. You know, it's just it's got too far to fall and so the risk for me just isn't there.
So, anyways, biggest green day of the week so far, $19,689. I'm grateful for that and I'll live to trade another day. Now, those of you guys that didn't check out the link to get your own green shirt in the description, we've got a link. Green shirts are now available. This is my loophole. I figured out that if you you can actually wear a green shirt every single day of the week. And all of a sudden, all of my fear about, you know, wearing a color that's maybe not as green as as green might be um has has been alleviated and it's such a weight off my shoulder. Both shoulders in fact. So, um this is the green shirt hand-drawn by me uh now printed on these shirts. We've got navy, we've got red. It doesn't matter. It doesn't matter. You can you can wear a green shirt every day of the week. All right, so check those out. The link is in the description to get your own green shirt and I will see you guys back at it streaming tomorrow morning. But, let me remind you as always that trading is risky and my results aren't typical. So, please manage your risk, take it slow, and I'll see you guys first thing tomorrow morning streaming at 7:00 a.m.