Yesterday was what I would call a frothy day in the markets…
It feels like earnings season might breathe some life back into the markets…
All of a sudden stocks are making massive moves and running hard.
So many in fact, it was tough to catch them all…
It's a good example of why I say things like, wait for YOUR best setups, or use slow days to study for the next hot sector — because it will eventually come.
And if you wasted your capital trading subpar setups on slow market days, you could be out of the game when a day like yesterday comes along…
So if you missed out on the potential trades yesterday, I'll show you where you could've found them before anyone else...
But there's also something you need to do to capitalize on hot market days…
Want to accelerate your trading account by 10X in 46 days?
If you want to find and trade big runners on hot market days, then you've gotta show up…
If you don't show up every day, how will you know what a slow or hot day looks like?
Trading's like hunting…
You sit and you wait. You must be patient and wait for your shot.
And that's why I show up every day to look at the markets, Oracle, the Breaking News Chat, and my screeners.
Because you never know if today will be a frothy market day or slower until you see it. And days like yesterday are what we wait for…
HOT Trade Opportunities Are Here
Bitcoin (BTC) broke out of the channel it was trading in, at around $20,000. And that brought up a lot of the blockchain stocks with it.
Applied Blockchain, Inc. (NASDAQ: APLD) was my top watch yesterday. And I sent the details of my trade plan idea to Daily Market Profit subscribers right as the market opened.
Marathon Digital Holdings, Inc. (NASDAQ: MARA) had a massive run on Tuesday. But as I said in my DMP alert, I didn't think it could go further yesterday because it's full of bagholders. And it looks like my thesis was correct…
MARA couldn't hold up after its morning gap up and spike.
But both APLD and MARA are sympathy plays to Bitcoin. So watch Bitcoin as the sector leader before you plan trades in these two.
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