- Jason Bond Picks (Member)
- Posts
- DDD, ANGI, NRDY swing trades
Good morning,
Chat room is open to ALL penny stock traders.
I am up $3,867.45 since going penny stocks only in Jason Bond Picks on October 9 winning 55% of my trades. I feel settled in and am up for a challenge. I’m going to try Webull again and see how big, if at all, I can grow a $50,000 balance. My last attempt did not go well, but I do like the extended hours of trading they have. For example, PRZO hit $2.30’s this morning, but it was before 7A EST. Webull allows you to trade as early at 4A EST. I’m usually up at that time, so if one of my stocks is ripping I can sell it.
My swing trades are DDD at $3.97 average, ANGI at $1.74 average, and NRDY at $3.16 average. I plan to add to ANGI today around $1.70.
The IWM is down -18% in under 3 months which is a brutal pullback for penny stocks. And now that the Nasdaq entered a correction Wednesday, I’m a bit concerned. The main reason stocks are struggling is the rising 10-year yield which is putting 5. The longer this hangs at or above 5, the more and more pressure it’ll put on speculative tech and penny stocks.
Momentum penny stocks in the chat room continue to be the best bet. Focusing on penny stocks that aren’t moving with the overall markets is working. Usually it’s because there’s news or a catalyst driving them. The goal on these continues to be 5-20% inside the session with very little overnight exposure to the overall markets.
Stay positive gang! I still think the Santa Rally is coming but at this moment it’s very hard to predict what will turn these markets around. What we know is between the Santa Rally and the January Effect there’s a very good chance we start to trend up. The reason that’s important is overnight holds or what we call swing trades, add another dimension to the trading here at Jason Bond Picks. So be patient, stay strong, protect capital and we’ll attack when it’s clear a reversal is setting up. Trust me, I’m watching like a hawk for signs.
Thursday morning’s early movers are:
Chat room is open to ALL penny stock traders.
The scanner is stocks under $10, up 3% or more, with at least $100,000 liquidity in the premarket. Once the market opens I move liquidity to a million dollars or more.
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