From $6.50 to $50 a share in 15 minutes on Nvidia Breaking News

The podcast reviews a day of stock trading, highlighting several stocks that experienced significant price movements due to news and catalysts. The trader discusses his profitable trades on CTNT and NLSP, but also details several losses from poor execution and risky trades, especially on ZJK, concluding that the easiest trading opportunities may have passed for the day.

CTNT Trade Review

• 00:00:19 CTNT experienced a large pre-market surge to over $6.50 due to the acquisition of a California-based logistics company. The trader attempted to trade a retest to prior resistance levels but initially incurred a loss. However, he recovered with a winning trade capitalizing on a double bottom off of previous resistance, which flipped into support. Despite achieving a peak profit of $30,000, ultimately the stock faced a significant amount of selling and the trader felt it became too risky to continue trading.

NLSP Trade Review

• 00:11:17 NLSP, a pharmaceutical company with a small float, surged on news, presenting a profitable trade opportunity for the trader. The stock initially popped to $4.50 before rising to $6.50, delivering an $11,000 profit. The trader was pleased with this trade's execution and outcome, recognizing the stock's quick price movement and the profitable opportunity it offered.

ZJK Trade Review

• 00:12:49 ZJK saw a large price surge due to news of an expanded collaboration with Nvidia. Despite the large price movement, the trader found the spreads too large and risky, initially hesitating to enter a trade. As the price continued to rise, he purchased a small position near the high of the day but faced a quick 15-point drop, resulting in a $3,600 loss. After adding back in for a small bounce, the trader ultimately concluded this stock was risky and had become challenging to trade successfully.

GNLN Trade Review

• 00:16:02 The trader took a trade on GNLN after news was released, but immediately faced a loss of $1,5600, showcasing the volatility of the market and the risks involved in rapid trades.

Market Conditions and Outlook

• 00:17:21 The trader believes the easiest trading opportunities for the day have passed. He explains the challenging conditions present in several stocks, such as large spreads and excessive selling pressure. He concludes that the remaining opportunities may be limited and require a high level of skill and experience, ending his trading for the day with a remaining profit of approximately $35,000.