The case for momentum stocks

Good morning,

Start of quarter 3 Monday. Market closes early Wednesday at 1 ET and is closed all of Thursday.

JasonBondPicks was able to make $40,718.39 in June.

I kept WENA into July, down a few thousand, but still like it. I believe WENA moves to $3, but should have taken profit Friday when I had it.

Momentum penny stocks were hot in June and I don’t see that slowing down as the Fed gets ready to make its first rate cut. I am definitely laser focused on penny stocks and looking to trade them the same in July as I did in June, but as the balance grows, with bigger size.

As the months unfold, JasonBondPicks will be most of my trading going forward. I believe retail traders have an edge buying the pump and shorting the dump because big money, like Goldman Sachs, isn’t competing in this space. Why aren’t they? While the liquidity is big for the retail trader, it’s not big enough for billions of dollars. This is why buying options is so hard, the retail trader is competing not only against time, but BIG money. By focusing on trading momentum penny stocks is reduces the probability of losing money over time.

Here’s a good video lesson I did last week on why stocks pump and dump. In summary short sellers take very big positions on these news winners on day 1 of the move to try and hit the win quickly to avoid the expensive borrow fees. When they get to the trade too early it can squeeze them trigging massive volume. Notice in this video how the high of day breakout is accompanied by millions or dollars in volume in a matter of minutes. That pump or rip is them arriving to the trade too early, and covering their short into the breakout. False breakouts are a downside here as new shorts will try to dump or dip the stock into the move. The game goes on like that until momentum is lost. Sometimes there can be 4-5 waves in a day and a gap the following day with more waves if they keep getting trapped. Understanding these rips and dips is key to timing the momentum. Be sure to watch this lesson, it’s a good one and something I’ll teach and trade a lot. Why is this working so well now? Simply put short sellers had the upper hand in 2022’s bear market and 2023 due to the banking crises. But all that is behind us now and more and more retail traders are returning to these breakouts as conditions across the board have improved. Be sure to leave comments BELOW this video lesson and I’ll answer them right away.

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Call 800-585-4488 if you have any questions and Davis or Stephen will get back to you quickly.

Eat, sleep and trade!

Jason Bond

WARNING: This isn't one of those "get rich quick" things that promises you a fortune for doing nothing. I do not believe in "get rich quick" things - only in hard work, adding value and serving others. I can not and do not make any guarantees about your ability to get results or earn any money with my ideas. After all, it takes hard work to succeed at anything in life. Your results are up to you and the amount of effort and resources that you are willing to put into succeeding. I want to help by giving great training, direction and education that move you forward.

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