4 Stocks On Watch for Monday Morning!

What's up everyone? All right, in
today's episode, I'm going to break down
my watch list for Monday morning and the
game plan for the week ahead. After a
max loss red day on Friday, where I gave
back three times my daily hot market
goal, daily hot market goal is 20 grand.
I was read $64,000.
I now have a little bit of work cut out
for me this week to try to get myself
back on track. And this is very familiar
because this is a repeat of exactly what
happened last week. Last Friday, the
Friday before, I was read $73,000. And
then on Monday, I came back with an
$84,000 green day, which was amazing. I
don't know that I could hope for
something like that again this Monday.
It's very unlikely. It really is. But if
I can keep my head down, we get a couple
good opportunities, I'll chip away at
this loss. And the best way to do it
initially is to build a cushion with
smaller share size. And once I've got a
cushion on the day, depending on how big
the cushion is, I'll keep trading until
that stock rolls over. And then once
that stock rolls over, then hands off,
take the profit, be grateful for it, and
come back and do it again the next day,
focusing primarily on trading the
leading gainers. But we've noticed that
when the leading gainer has made a big
move, so I'll give you a little example.
So, the leading gainer, let's say 4:00
a.m., makes a really big move and then
we come down and it's like 7 a.m. here
and it's on a pullback. Then sometimes
that number one leading gainer, the the
one in the top spot. Well, it's not
really set up very well, maybe for a
curl, but there's a number two or maybe
a number three leading gainer that has
just come out with breaking news kind of
like this did at 7 am and is really
squeezing. And that's where people are
going to focus. And when that happens,
this often kind of fades as the
attention shifts to I'll draw it in a
different color to the new stock. And so
then this one moves from, you know,
position three up to two and then
eventually could displace the leading
gainer. Uh and then when this one rolls
over, well then maybe all of a sudden
attention comes back and we end up
getting a curl on this one back to the
high. So traders definitely have this um
you know, kind of approach of a little
bit of hot potato. you know, jumping on
one stock, it looks good, and then the
second it doesn't look good, they're off
it, looking for the next one, the next
one looks good, they're jumping on that.
So, a lot of jumping around. And the
risk there for us certainly is that when
the market is like that, you have to be
really careful holding something that's
getting extended because if something
else pops up, all of a sudden, the
attention could shift quickly. That's
more likely to happen when they're
extended because shorts will sort of see
this as like, oh, here's the here's the
cue. something else is popping up.
Everyone's gonna abandon ship and so you
get that shift in sentiment. You'll I'm
sure you've noticed that, but if you
haven't, look out for it because you're
you're going to see it. It happens
pretty much every day. [snorts] All
right, so um obviously Friday was
disappointing. Um a fairly avoidable
loss. It really didn't need to be that
bad. It should have been just an $18,000
red day. Uh but I made matters worse by
um you know getting emotionally
compromised and continuing to trade in
frustration.
It's it's a mistake and that was that
was my own fault. So uh anyways now I've
got this draw down here and I've got to
work to recover it. But big picture here
last 90 days I'm I'm in a really good
spot. So I can tolerate um you know gosh
if I couldn't tolerate this kind of draw
down I don't know. I wouldn't be able to
keep trading at all. Uh, but I could
tolerate this. So, I just need to make
sure I get back on track on Monday
morning. So, um, so now is there
anything perhaps before we jump into the
watch list to learn from the last seven
days? Let's just say the last seven
days. Well, maybe let's go back a little
bit more. Let's do the last 10 days. Um,
this is just sort of, you know, the
month of August. Are there themes that
we can pick up on here? So, uh, for me
clearly, this is one of the worst, um,
things that you could see is that I have
an inverted profit to loss ratio because
I've taken like four or five huge losses
and my winners are 6,500, but my losers
are 8,400. Uh, that year to date, um,
well, let's see, we go just last year,
just for example. So, last year, my
average losers were $2,000. So, um, you
know, just during this little range
here, the last 30 days, my average
losers have gotten a lot bigger from,
you know, just this handful of, uh, big
losses. So, my accuracy has remained
pretty high, 68 70%, which is good, but
those big losses are certainly hurting
my my average. Fridays have been really
bad. [laughter]
Uh, don't know what to say about that.
Uh, but it's been really bad. Um, some
big losses there after uh 10:00 a.m.
something to pay attention to. Price and
volume.
Um, I don't think there's I think this
one for some reason this one just
doesn't seem to populate correctly. Um,
so anyways, I don't think there's
anything there instrument.
Uh, [sighs]
yeah, I mean I think more than anything
um, you know. So, well, let's look at a
couple of the stocks that I've lost
quite a bit on. So, DSY, STKH, and OFO.
So, DSY
was Chinese. Uh, STKH
was Israeli. Of was a US company. Nami
was a Chinese company. Some of my
biggest winners, Jwell, this one's
Chinese. YXT, that one's uh
Let's just double check that. Thought
that was Chinese also. Yep, that's
Chinese.
Um,
let's see. Then we've got CLRO, SCT.
Now, SCT was a US company. Socket. Um,
CLRO,
that one is a US company. HY FM, that
one's a US company. FRT,
Cal, Canadian, not California. RMCF,
that's a US company. XHG,
that one was Chinese. That was a bit of
a wild card. INLF, that one was Chinese.
WHG, that was Chinese. WTO, that was
Chinese. So, you know, if we just said,
"Oh, get rid of all the Chinese." Well,
you know, you'd get rid of a lot of the
winners, you know, and you'd get rid of
this one loser. The loser would be
great, but then you'd lose the winners
as well. Um, the stock that I've made
the most on in total was 61,000. The
stock I lost the most on was 52,000.
So, just some interesting insights
there. Chinese stocks continuing to
dominate um the uh the top gainer
scanner pretty much each day. Wetto on
Friday. And you know, I should have
finished up $26,000 on this one, but I
went back for it because became
emotionally compromised and made some
poor decisions. So anyways, um, so then
MDHXH,
MD, sorry, MDXH,
this one, uh, 32 million share float was
up on Friday, kind of rolled over. CAPR,
this one was easy to borrow. BNL, CAPR
is a US company. BNL, Malaysian, WTO,
this one was Chinese. Uh, HHS, this was
US. Okay. Um, we didn't end up having a
penny stock on Friday that did something
like XHG did. Um, this is something you
definitely want to keep your eyes open
for. Um, sub $1 stocks. So, they've got
to be below a dollar. Then they squeeze
and when they hold above a dollar, pay
attention because that was the move that
gave us this like nearly 18 well 16
point squeeze. It was the same kind of
thing that gave us a four-point squeeze
on socket. So, just pay attention to
those sub um $1 stocks if they can hold
over $1 a share. That's something
definitely pay attention to. The window
for this one was around 9:00 a.m. uh on
uh whatever that was, Tuesday,
Wednesday. Um XHG that made its big move
also a little bit later in the morning.
It was around uh 8:40 in the morning. So
8:40 to 9 9:15 still uh a window where
we're seeing a lot of traders
participating and um a decent amount of
opportunity. So that was that one. Um
now for after hours top gainers from
Friday uh we didn't have anything that
was really big. Uh TRUG this one popped
up US company 1 million share float from
a dollar to $150. Um was technically
below a$1.90 just below a dollar. So,
ends up squeezing up here. Um, you know,
unfortunately, it's it's hard for me to
have high expectations. True golf. Um, I
just I don't I don't have any reason to
think that this is going to work really
well into Monday. Uh, it doesn't really
fit the theme or sector. Yes, it's a
lower float, but I don't know. I just
don't think it's the right one. Sky E if
it was Chinese and it was up a bit more
but 52% it's not bad but we've seen
we've seen better Sky E um this one 22
million share floats a little on the
higher side 63 cents uh 200 moving
average up there around a dollar
probably not going to work f this one's
again um got a lower float 2.6 6 million
shares. Um it, you know, it's not bad.
You've got this nice move here. Um but
you know, just looking at this, uh UBS
AG London branch ETN. I don't know. That
seems a little weird. Um
see what is this?
I'm not sure about that. Um
curious about where they are operating.
doesn't really look like.
We'll check one of the filings here.
Um,
Japan. Yeah.
Huh. So,
not totally sure about that one. Um,
but, you know, it's a nice price range
where you could potentially, if it opens
up, get 50 cents or a dollar a share.
daily chart. Let's see about this.
That's very interesting the way it's
just kind of kept like grinding higher
there. I'm g switch to a a bigger time
frame. Let's go to the one hour.
So, we had this move from back here that
I wanted to look at.
Popped up and came all the way back
down. Yeah, I sort of don't think it's
going to work. I just I don't know.
There's something about this. I'm not
really not too sure, but uh I could keep
it on watch. Xp, we've traded this one
before. Uh popped up here. High is five
daily chart definitely has some
potential if it can start to curl a
little bit more. Uh recent reverse split
volume on Friday was just from the after
hours move. So that's probably one that
closed fairly strong that I would
imagine traders might be watching
for Monday morning. So, I would put
let's see, we'll make a list here. So,
um
X P O N is on the watch list. Um you
know, maybe T R U G, but that's sort of
a maybe. Um F I E. You know, I'd watch
it, but I I don't really know. This one
so far is the one that looks the most
interesting. Um, even though the gap's
not huge, it's um, you can see it's got
nice range from 360 to five, then back
down here. So, a pop back up to five,
that's 50 cents a share. You know, with
a,000 shares, that could be 500 bucks.
So, that would be nice. IPS,
this one, um, a lower float here, US
company, daily chart, a curl setup. I
don't think that's too bad. So, I'll put
that on here. IPST. The only issue is
that um none of these are Chinese, which
uh again just in the current theme and
market, it's been more the Chinese
stocks that give us the big surprise 2
three 400% moves.
Wetto up little after hours and then
these ones are all relatively uh smaller
gappers. So yeah, I think that um the
name of the game each morning is
watching the top gainer scanner, asking
yourself what is obvious and looking at
the top, you know, three or four, top
five, just to see, you know, okay, maybe
Wetto's a little extended, we can't
trade it here, so let it pull back.
Maybe something else in the two or three
spot is moving a little faster. That
could be the one to watch. Then when
that rolls over, maybe attention goes
back to the second best. So, you got to
kind of look at the scan and ask which
of these right now is the best looking
stock that most other traders are going
to look at and think, "Yeah, this is the
one I want to trade." Cuz that's the one
that's going to be the cleanest. That's
the one that's going to have the most
volume and that's where you'll have the
liquidity to get in and out of it
relatively easily. So, I'll be streaming
as always tomorrow morning, 7 a.m.,
right? So, make sure you guys, if you
haven't already checked out a twoe
trial, the link is pinned at the top of
the comments and in the description. You
can join me watching over my shoulder as
I'm trading. And you can also use this
same exact software here for charting,
scanning, and breaking news. You'll be
able to open it um in your browser. So
whether you're on a Mac or a PC, doesn't
matter. Um you can load it and adjust it
as you'd like. You'll have your own
installation of it. So basically, this
is the same thing that I'm using every
day for charting, scanning, breaking
news, and it's where we have our chat
room and my live audio video broadcast.
So I hope you guys check it out. Hope to
see you in the chat room tomorrow
morning. But I'll remind you as always
that trading is risky. My results aren't
typical, and there's no guarantee you'll
find success whether you trade with me
or you learn on your own. So, please
manage your risk by practicing in a
simulator before putting real money on
the line. With that, I'll see you guys
bright and early tomorrow morning.