timothy sykes logo

Trading Lessons

The Newest Trump Stock – 110% Spike

Timothy SykesAvatar
Written by Timothy Sykes Reviewed by Jack Kellogg Fact-checked by Ellis Hobbs
Updated 11/27/2024 4 min read
The Newest Trump Stock – 110% Spike Thumbnail

It’s Tim Sykes here.

After Trump won the presidency on the night of November 5, the stock market at large pushed to new all-time highs.

Trump’s own stock, Trump Media & Technology Group Corp. (NASDAQ: DJT) spiked 30% the next morning.

There’s no doubt about it … The market is reacting well to Trump’s presidency.

And the sentiment is causing massive profit opportunities among individual stocks.

I’m not talking about DJT …

On November 27 during premarket hours, Unusual Machines Inc. (AMEX: UMAC) announced that Donald Trump Jr. would join the company as an advisor.

Celebrity advisors can act as huge catalysts for stock spikes.

Especially when that celebrity is closely related to the commander in chief of the U.S. armed forces, and the stock in question represents a drone company …

UMAC was already on a bullish trajectory before the Trump news came out. But the premarket announcement sent it parabolic!

Take a look at the chart below, every candle represents one trading day:

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

Every student in the chat should have banked off of this play!

I sent a trade alert at 9:36 A.M. Eastern, and a few minutes later the price action followed my plan to a T!

Take a look at the post on X below with details:

In today’s blog post I’ll show you this setup overlaid on the chart.

The more times that you see these trades, the quicker you’ll be able to apply this knowledge to your own account.

UMAC Position

© Millionaire Media, LLC

UMAC has already spiked 510%* since November 6.

More Breaking News

And it spiked 110%* the day it announced the Trump news.

But we have to think realistically about these plays. There’s no way that I could catch all 510% of this run. I’m not even trying to catch 110%.

My goal is to recognize common price action and take the meat of the move.

The position that I alerted on UMAC yesterday, it offered a 27% return.

That’s perfect!

Most investors would be ecstatic with a yearly return of 27%. My students and I can find 27% in a matter of minutes …

Will UMAC push higher from here? Will it fall lower? Will it consolidate?

I don’t know.

I don’t predict the price action, I react to it. 

UMAC will likely show us another opportunity to profit, the price is still up. But I can’t predict which pattern it will follow.

Here’s how it played out on November 27 …

Every candle represents one trading minute:

UMAC chart intraday, 1-minute candles Source: StocksToTrade

Don’t miss the next opportunity to trade this runner …

My newest students are using AI to track my patterns on the hottest stocks.

>> Type UMAC Into The AI <<

It will spit out a trade plan as if you asked me directly!

Cheers.

 

*Past performance does not indicate future results

How much has this post helped you?

(0 votes, average: 0 out of 5)
Leave a reply

* 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”