BBAI, PRPL and LQMT

Using His Custom Gamma Trigger🔫

and more than 20+ years of trading experience…

Jeff’s has identified more than 265 triple-digit winners since March.

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Good morning,

I expect volatility in the market this week and my thesis is that it’ll be to the upside. CPI Tuesday. PPI and FOMC interest-rate decision plus Fed Powell press conference Wednesday. The inflation trend is down, so no more rate hikes. Finally, the Fed is unlikely to raise interest rates any further, though I doubt they show their hand on that. And I don’t expect them to forecast when rates will go lower. 

As we’ve discussed a lot lately, my schedule headed into 2024 has changed. I no longer plan to day trade momentum stocks premarket 7-9:30 AM ET or postmarket 4-8 PM ET. With that in mind I don’t need a scanner or chat room. My focus will be on swing trading momentum stocks, including their options, between 9:30-4 PM ET. I will be using FINVIZ and Stockcharts going forward for my swing trade scans. 

BBAI and PRPL were alerted Friday for weekend swing trades. My goal on both of these is 5-20% in the early part of the week. So far I’m +3% on BBAI and +1% on PRPL. Stops on swings are 3-5%. I like to carry 3-7 swings at a time. 

LQMT is consolidating at $.07 and likely heads above $.10 soon. There are several active catalysts to drive it. The CEO recently bought about a million shares. The new Evie Ring made of Liquidmetal and up for FDA approval. The biggest catalyst is the speculation around the big pinion gear prototype order. Is there a whale behind that? I suppose we’ll find out. After a long wait it's nice to see so many recent catalysts. I suspect a big move is finally coming. If the CEO gets the stock to $1, split adjusted, he's rewarded with stock options. I realize this is a long way off. But Liquidmetal's licensing deal with Apple is real. And their indirect (Eontec) connection to the Tesla Model X door handle cases is real too. It'll only take one contract to send this thing. Like when they signed the Apple deal it went well above $1. There are no trade alerts for my entries or exits on this long-term position. I’ll manage my trade, you manage yours. I've been patient, I'm sure many of you have too. With any luck a big move is ahead. This will be my last long-term trade in any of my newsletters. 

My goal for Jason Bond Picks going forward is to present one really well thought out swing trade idea each morning and track the progress of my trades so I can accurately reflect on what is and isn’t working. 

My goal is $10,000 a month from swing trading momentum stocks and options. There’s no guarantees. Trading is hard. But it’s good to have goals and refine towards them.

2024 Jason Bond Picks trade journal

I’ll have my first nightly video out between 7-9 PM ET tonight and email you when it’s ready. It’ll focus on open positions and new ideas.

Jay

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