WEEKEND HOLD----
i do not feel that comfortable holding a normal position over the weekend;
news may be dropped premarket, including OFFERING NEWS which may negatively impact the stock potentially;
(i am typically not awake and alert at this point; stock's move quickly / highly volatile at market open where it matters most).
WITH THAT SAID, CONSIDER TRADING THIS PATTERN IF IT IS 100% CERTAIN THAT OFFERINGS RARELY OCCUR ON MONDAY MORNINGS ON THESE TYPES OF "STRONG CLOSE ON FRIDAY" STOCKS.
ALSO TRADE IF I HAVE EXCESS CAPITAL TO EXPERIMENT WITH/INVEST WITH.
ALSO CONSIDER TRADING IF I AM LIVING IN EUROPE OR MIDDLE EAST WHERE I AM GUARANTEED TO BE AWAKE DURING PREMARKET AND ALERT AT MARKET OPEN..
ALSO CONSIDER TRADING IT SINCE SYKES REALLY LIKES THIS STRATEGY AND IT IS QUITE PROFITABLE INDEED, STATISTICALLY SPEAKING BASED ON OTHER DATA REVEALED (TUESDAY BEING A 'REVERSION' DAY WHERE THE STOCK THEN DROPS).
- the current day is a FRIDAY.
- scan for stocks that spiked 50%, 200%, 300% over the past 5 days (the stock should've spiked earlier in the week and held it's highs all through FRIDAY).... even if the stock is up 1,000% or 10,000% on the week--- that means it's loaded with shorts! and that means if it gets a news article come Friday or Monday morning, there's a good chance it could explode (short-squeeze!).
- has a Friday catalyst (good news on Friday morning or afternoon).
- did the stock PERK UP/CLOSE near it's HIGH OF DAY on Friday?
- Is the stock holding/consolidating near its highs (theoretically it can then breakout and create new highs), OR (it is down -50%+ making it a good DIP BUY *if* the news catalyst is really amazing).
- did the stock SQUEEZE IN AFTER-HOURS on Friday?
- did the stock trade 100x or 1000x it's average daily trading volume (high volume)?
- does the stock have HEAVY FLOAT ROTATION?
- stock is a recent runner (is currently or was a %Gainer lately).
- stock is above VWAP (use VWAP as my STOP LOSS, potentially).
- stock is in a hot sector? if the stock is NOT in a hot sector, I'm not that curious about it.... if it IS a hot sector, we know what hot sector stocks can do that are low floats with news and perk up into a Friday... come MONDAY MORNING, the stock gaps down a bit, then goes RED-TO-GREEN #WORG and can spike 300+% very high (short-squeeze!).... consider adding to my statistics tracking spreadsheet, the same criteria my SHORT-SQUEEZE criteria has!
- is the stock a LOW FLOAT?
- does the stock have a LOW MARKET CAP?
- is there a high SHORT % FLOAT? Friday short-squeezes can get out of hand quickly....... If you really want to take advantage of the Friday Morning Short squeezes, you look for the most active stocks (the biggest percent winners), and you try to ride these morning spikes as they take out the day high.....
Friday runners collapse toward the end. (stocks that spike on Fridays tend to collapse toward the end of the day near closing). -Sykes
When the stock goes crazy, that's when you really want to trade.....when there's pandemonium going on... buy a breakout above the previous high....also toward the end of the week, buying on a Friday==Friday's are very special where the hype can really build, short-sellers are scared to hold short during the weekend, so it gaps up over the weekend.......it really spikes, and it crashes in a 30 minute period on Monday ..that's volatility.... -Tim Sykes
Monday gap-ups are notoriously known for being very good in spiking (when consolidation with volume happens on Fridays based on a stock's being up from a First Green Day a couple of days prior at the least), so long as it holds on Monday morning over the previous Breakout level. . . -[Marianna commentary] #mondays
TRACKING STATS ------ Min 51:20----Min 1:12:45 ----- PART 4 ---- TRADING TECHNIQUES ....
- track what the stock's performance was by market close Friday.
- track what the stock's performance was by market open Monday.
- track what the news catalyst was exactly.
- track what the volume was by market close Friday.
- track what the volume was by market open on Monday.
- track if the stock was a recent runner.
- did the stock CLOSE AT THE HIGH OF DAY on Friday?
- did the stock SQUEEZE IN AFTER-HOURS on Friday?
- track what % the stock was up on Friday (after the press release) or what % it was down from it's most recent run.
- track if it is above VWAP.
- did the stock break support on Friday? (major support?) (Thursday's day-high support?) (Wednesday's day-high support?) (morning high support? (pre-market support?) (vwap support?)
- track if it is in a HOT SECTOR.
- track what it's opening was? close was?
- track the % that it is up on the day?
- Is the stock above Thursday's day-high? and: on Thursday, did the stock spike over 20+%?
- Is the stock above Wednesday's day-high? and: on Wednesday, did the stock spike over 20+%?
- track what the market cap is (the lower the market cap, the better).
- track what the float is (the lower the float, the better).
- track what the FLOAT ROTATION is (the greater the float rotation, the better; 3x-10x = bullish.
- any dilution or offering news as of recent?
- what is the SHORT % FLOAT of the stock? short-sellers are scared on Fridays, so they 'buy' to cover and thus send the stock spiking up big!
- did the stock SHORT-SQUEEZE on Friday morning?
- did the stock SHORT-SQUEEZE on Friday afternoon?
- did the stock SHORT-SQUEEZE on Friday during after-hours?
- did the stock SPIKE BIG (was on %gains list, or have a 20+% spike) on THURSDAY or WEDNESDAY at all?
- track if it traded on the OTC markets, Nasdaq, NYSE, or AMEX, or what....
- track if the $SPY and $IXIC are green on Friday.
- track if $SPY and $IXIC are green on MONDAY / Monday morning.
I say it all the time …
The two best times to be aggressive as a day trader are Friday afternoons and Monday mornings.
On Friday, it’s all about squeezes.
But on Mondays, it’s all about capturing the new week’s momentum.
If you wanna be the early bird that gets the worm, you’ve gotta be prepared on MONDAY MORNING.
Monday gap-ups are notoriously known for being very good in spiking (when consolidation happens on Fridays based on a stock's being up from a FGD a couple of days prior at the least) so long as it holds on Monday morning over the previous Breakout level.....
I ALREADY WATCHED EVERYTHING BELOW!
FRIDAYS are one of my favorite trading days. Volume tends to decline and shorts cover going into the weekend because who wants to be left with 48 hours where any news can hit... -Bohen #fridays
STRATEGY:::::::::::I always like adding on a Friday when a stock is high...because that leads me to believe there is enough momentum to push it through on Monday... Even if somehow some article didn't come out, at worst, the stock is still going to have momentum based on a technical breakout...I normally like buying 3 pm, 3:30 pm...you're betting on the news traveling over the weekend...-Tim Sykes
STRATEGY:::::::::::Stocks tend to spike on Fridays going into the close......because shorters don't want to have shorts over the weekend....... veteran traders buy the momentum on Fridays.. newbies buy on Mondays...it creates a great probability for BUYING ON A FRIDAY AFTERNOON AND SELLING ON MONDAY.....-Sykes
Holiday plays (at the end of the day, heading into a holiday weekend) can run! Mark this down. . . -Sykes
Strategy::: January's and Friday's are two very important days::::::: January- stocks can spike because of the tax-loss selling......Friday's- stocks can spike because the news can spread over the weekend...
Friday's- stocks can spike because the news can spread over the weekend...
"What makes Friday different than any other day..................... it's really the fact that short-squeezes are more possible.. Stocks are more prone to squeeze as the market is about to close." FRIDAYS ARE GREAT TO PLAY, IN AFTERNOONS (GREAT TO BUY STOCKS AND THEN SELL IMMEDIATELY ON MONDAY MORNING).
PRESS RELEASES HYPING UP A STOCK BEFORE A CONFERENCE CALL (buy the rumor, sell the news)
BUY THE NEWS, SELL THE RUMOR [Min 8:30 ---- https://youtu.be/YSzvIZCu_o4]
Min 5 - min 9 --------- min 14:45 -------- min 17:19 --------- min 20:30 -------- min 23:10 -------- buy the rumor, sell the news ------------- www.youtube.com/watch?v=YSzvIZCu_o4 ............... #BuyTheNewsSellTheRumor #fridays
BUY THE RUMOR, SELL THE NEWS (pattern)(play)---------- Sykes uses the Breaking News Chat to find stocks with news on Friday. Then he takes a position, speculating that the news will spread over the weekend… And as news spreads, demand for the stock increases — that drives up the price. Then Tim comes back to the market on Monday morning to sell his position into a gap up. #Fridays #strategy #BuyTheNewsSellTheRumor
Buy the rumor, sell the news Stocks often spike on rumors and fall when news is confirmed…With the buy the rumor, sell the news strategy, you try to stay ahead of the market. That’s where you want to be to lock in safe profits ... That’s why we buy the rumor and sell the news. It’s hard for the fact to live up to the possibility. --------- https://stockstotrade.com/buy-the-rumor-sell-the-news/?email=saloul10%40gmail.com .............. #BuyTheNewsSellTheRumor #fridays
When the stock goes crazy, that's when you
really want to trade.....when there's pandemonium going on...... you can buy a breakout above the previous high....also
toward the end of the week, buying on a Friday==Friday's are very special where the hype can really
build, short-sellers are scared to hold short during the weekend, so it
gaps up over the weekend.......it really spikes, and it crashes in a 30 minute period on
Monday ..that's volatility.... -Tim Sykes
Friday spikers can keep going (over the weekend). . . -Tim Sykes
Typically, short-sellers do not want to hold over the weekend (short-squeeze spike-potential toward the end of the day on Fridays). . . -Matt Monaco
Min 2 ------ Min 5 – Min 7:15 --------- during a bear market, only hold WINNING TRADES overnight, otherwise if you're at BREAKEVEN or barely up, or red on the trade, SELL RIGHT AWAY (it's just not worth holding overnight at that point!)......... BUT IF YOU'RE UP 15+%, AND THE STOCK IS HITTING NEW HIGHS, THE STOCK IS ABOVE VWAP, THEN YOU CAN HOLD IT OVERNIGHT AND LOOK FOR THAT GAP UP THE NEXT MORNING TO SELL INTO.........WINNERS HOLD WINNERS, LOSERS HOLD LOSERS... THE VWAP HOLD pattern is a great pattern to look for during bear markets ---- www.youtube.com/watch?v=q_4cYWYUzpA …….. #environment #bearMarket #recession #patterns #overnight holds
SYKES: I like Mondays and Fridays... because I like those late-day catalysts that can lead over the weekend (from Friday)... And then Monday, you have a lot of new morning spikers, a lot of news companies like to report.. So this is the beauty of trading.. Even though we trade similar stocks, we have similar mindsets, we have different patterns.
ROLAND: I do agree with Mondays. . . Another thing I like about Mondays is that people are just amped on Mondays for some reason; like everyone's just been cooped up, they haven't been trading, so people are just eager to trade. . You'll generally hit some decent volume (volatility) on Mondays . . .
FRIDAYS | #FRIDAYS
Friday runners collapse toward the end. (stocks that spike on Fridays tend to collapse toward the end of the day near closing). -Sykes
Fridays are SHORT-SQUEEZE DAYS......... -Sykes
BE CAUTIOUS WITH TRADING ON FRIDAYs ----- Trade the first hour of the day, trade the morning action, and kind of just move on and live life. And I really think that's just a good mindset to have (on Fridays) because Fridays, usually i just make mistakes and I end up being red. So there's nothing worse than having a big losing trade on Friday (after an exhausting successful week). . . -[Matt Monaco commentary]
Friday spikers can keep going (over the weekend). . . -Tim Sykes
Experience has taught me that if a stock is not cracking support on a Friday afternoon, it can squeeze (spike)........... If a stock holds support, it can squeeze .......... -Tim Sykes
Typically, short-sellers do not want to hold over the weekend (short-squeeze spike-potential toward the end of the day on Fridays). . . -Matt Monaco
Friday mornings are special........... #ShortSqueezes....... Fridays are the single most dangerous day to short-sell........ but on Fridays, hype can take over and can create short-squeezes, spiking big on Monday........... Friday short-squeezes can get out of hand quickly......... If you really want to take advantage of the Friday Morning Short squeezes, you look for the most active stocks (the biggest percent winners), and you try to ride these morning spikes as they take out the day high......... -Sykes
ON FRIDAYS
Tim Sykes recently discovered something interesting.
It’s a little-known strategy where he gets in on a trade Friday…
He enjoys his weekend…
And cashes out on Monday.
He’s done this many times…
And it’s made him THOUSANDS.
STRATEGY:::::::::::Stocks tend to spike on Fridays going into the close......because shorters don't want to have shorts over the weekend....... veteran traders buy the momentum on Fridays.. newbies buy on Mondays...it creates a great probability for BUYING STOCKS ON A FRIDAY AFTERNOON AND SELLING THEN ON MONDAY.....-Sykes
Monday gap-ups are notoriously known for being very good in spiking (when consolidation with volume happens on Fridays based on a stock's being up from a First Green Day a couple of days prior at the least), so long as it holds on Monday morning over the previous Breakout level... -[Marianna commentary] #mondays
FRIDAYS are one of my favorite trading days. Volume tends to decline and shorts cover going into the weekend because who wants to be left with 48 hours where any news can hit... -Bohen #fridays
I'm more likely to buy morning spikes, on Fridays... -Sykes
Morning spikes occur more on Fridays...... Spikes occur more on Fridays because short-sellers are scared on Fridays....... they don't want to hold positions on Fridays.. they'd rather exit positions so that they don't have to think about what could happen over the weekend...
Min 40 — Sykes loves buying stocks on Fridays------ "Spikeability" DVD ----- Part 3 -------- https://members.timothysykes.com/login---------saloul10@gmail.com | pduyygaj ............
When the stock goes crazy, that's when you really want to trade.....when there's pandemonium going on... buy a breakout above the previous high....also toward the end of the week, buying on a Friday==Friday's are very special where the hype can really build, short-sellers are scared to hold short during the weekend, so it gaps up over the weekend.......it really spikes, and it crashes in a 30 minute period on Monday ..that's volatility.... -Tim Sykes
When determining whether to hold a stock overnight or not, find out if their stock has good fundamentals (because otherwise they might drop an offering, and the stock could GAP DOWN). -Sykes #overnight #gapUp #gapDown