What's 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 8 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 it down a little bit." We had a stock
that pulled away, made about 181 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. That'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 $19,68957.
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 750. 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 pullback,
curl back up, rejection, rejection, rejection.
It just was not able to break through that level.
And so I just sort of felt like ERNA 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, Mel, maybe I should get in here.
And I started 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, it
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 were moving.
Vee, 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 a 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.7 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 Liy 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 $180. 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 $160,$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 $180. It
breaks a $180. 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, NVE, 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?
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,
NVE, it may go higher, but I'm not confident
enough to be 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 handdrawn by me. Uh
now, printed on these shirts. We've got navy.
We've got It doesn't matter. It doesn't m 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