Today in Focus: Nanocaps and PDT Rules

Trading Services I Use in my Trading:

StockAnalysis.com - I’ve been using Stock Analysis as an affordable but reliable method of looking at New and Upcoming IPOs, Earnings Calendars and most notably KPIs (Key Performance Indicators). Stock Analysis allows you to view the KPIs for many companies with up to date metrics and segments that you can cross reference against Earnings Results. This is incredibly important when understanding what metrics move a stock. At $65 per year it’s a no brainer. They’ve given me a discount code if you use IRISHBORNINVESTOR they will give you another 10% Off.

Market Condition: Market above all MAs. T2106 Overheated (Still)

Commentary: We are in a textbook Lockout Rally. There are lot’s of breakouts and potential leaders. I hope we may already be in a few but today I’m not seeing a lot of great quality so no main write ups but there are some high flyers. Pardon the pun. BIRD is likely your nanocap pump of the day. Sneaker company pivoting to AI. Has absolute squeeze written all over it. IMMP is another one that got Orphan Designation. Neither are exactly my style but worth looking at if you’re focused on Day Trading.

The only other thing I’m interested in is HOOD on the PDT rule being scrapped. Former leader and may offer an entry today. Still two weeks until earnings.

Aside from that I’m content if I don’t take a trade today. No rush here, going to be lot’s of opportunities and we’re already quite overheated short term.

Current Positions: DELL, SWBI, TH, NVDA, RVMD, CRCL, BE

Delayed Reaction Watchlist (TradingView Link)

_{Note: This is my methodology for identifying stocks in play. There are many valid approaches to trading catalysts—find the setups, timeframes, and risk parameters that align with your strategy.}