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Find The Next 10:45 A.M. Stock Spike!

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Written by Timothy Sykes
Updated 6/17/2024 5 min read
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Ladies and gentlemen …

The past five trading days we’ve seen a volatile stock follow THIS EXACT pattern.

See my post on X below:

There’s no guarantee we’ll see another runner today, on Tuesday, June 18.

But judging by the track record thus far and the overall strength of the market … There’s not much sense in looking for any other pattern. Especially for new traders.

My 7-step framework offers multiple profit setups for traders. But new students who focus on too many patterns at once usually get confused.

Focus on the 10:45 A.M. pattern right now.

Key Price Action

© Millionaire Media, LLC

Five for five, these are the stocks that followed the 10:45 A.M. rule, one after the other:

  • Airship AI Holdings Inc. (NASDAQ: AISP) spiked 70% on Tuesday, June 11.
  • DDC Enterprise Limited (NYSE: DDC) spiked 390%* on Wednesday, June 12.
  • Longeveron Inc. (NASDAQ: LGVN) spiked 110%* on Thursday, June 13.
  • Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) spiked 510%* on Friday, June 14.

And finally …

  • Mustang Bio Inc. (NASDAQ: MBIO) spiked 310%* on Monday, June 17.

Take a look at last week’s 10:45 A.M. runners in this blog post.

And look at Monday’s runner below, every candle represents one trading minute:

MBIO chart intraday, 1-minute candles Source: StocksToTrade

For all of my students unaware of support and resistance …

Watch my video below:

https://content.timothysykes.com/wp-content/plugins/wp-youtube-lyte/lyteCache.php?origThumbUrl=%2F%2Fi.ytimg.com%2Fvi%2FT-_jjttg8Ss%2Fmaxresdefault.jpg

Now, perhaps you noticed, MBIO consolidated before the 10:45 A.M. time target.

This is an inexact science.

No two charts will look exactly the same. And sometimes, we’ll see stocks consolidate before 10:45 A.M., sometimes after.

The more experience you have with this pattern, the faster you’ll be able to capitalize. That’s why I included my blog post with last week’s price action. You need to study these charts!

Aside from a comprehensive understanding of this trading pattern …

A trader needs to pick the right stock.

Thousands Of Spikers In 2024

tim sykes in sedona arizona with laptop of stock chart
© Millionaire Media, LLC

Every day there are thousands of stocks moving … And if you hadn’t already noticed, the stock market is on fire in 2024.

Take a look at a chart of the S&P 500 ETF Trust (NYSE: SPY) below, every candle represents one trading day.

SPY chart multi-month, 1-day candles Source: StocksToTrade

As a result, there are probably hundreds of bullish stocks every day!

Even when I whittle down that list with my StocksToTrade scanner, there were still 11 stocks to choose from when MBIO was spiking yesterday.

See the screenshot of my scan below:

Source: StocksToTrade

My students and I knew MBIO was the stock to watch because it had a hot catalyst that StocksToTrade alerted during pre market hours. Way before the starting bell rang at 9:30 A.M. Eastern.

On the MBIO chart below you can see when the Breaking News notification came out:

MBIO chart intraday, 1-minute candles Source: StocksToTrade

200%* during premarket … And the price ran past $0.60 intraday!

>> Get the next Breaking News alert <<

Then we wait for the stock chart to match our 10:45 A.M. pattern!

Cheers.

 

*Past performance does not indicate future results

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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”