A 35-point move on MongoDB in a single day👏

Good afternoon, and have a great weekend.

This email is another brief reminder of how quickly these trading days can be over. You have to remember: we are day traders first. We are looking to get paid. This is a job.

I always give the analogy of someone stealing your lunch at your job. We are getting done with our job and taking our profits before someone gets a chance to steal our lunch.

Think about it like this: if you walked into your office, took care of a few things, and the boss said, "You want to cut out of here early and start your weekend?" Are you going to say no? No, you're going to say thanks and leave.

Why not treat trading the same way?

We have a setup that works pretty much every time it shows up. And with so much going on, people want to know how to stay selective. The answer is earnings.

Take a stock we probably only mention three times a year on earnings day: $MDB.

Look at the monster move it had yesterday. It went from $250 to $413 all in one afternoon. Do you think a stock like that is just going to sit around the next day? No. You anticipate 20, 30, maybe 50 points of movement. And with a $300 stock, you only need 100 shares to make serious money.

This morning, it gave us the classic fake-out shakeout, one-minute multi-day VWAP break. But the stock was already up, so I wasn't interested in buying it. I just waited for the "finger of God" rollover.

The stock broke a new high, started to roll over, broke VWAP, tested it from underneath, and then broke the multi-day. We shorted it right there at $336, using $340 as our out.

The stock went from $335 down to $305.

That is a 35-point move, friends. On just 100 shares, that's $3,000. Just on the idea of selling a gapped-up stock because of a one-minute multi-day VWAP earnings reversal.

And that's not to mention $ORCL. I've been helping you hold this one, reminding you every day that it's about to explode to $208. Look at what it did today. The $MDB day trade pays for your ability to hold onto these monster swing trades.

We also had a quick pre-market winner in $ASTS. It did exactly what we thought - Fo-Sho-Bro VWAP break, rollover, and then you just had to buy the shakeout area for around $108.

Lots of greatness today. We got paid, and now we start the weekend early.

I put together a quick video to show you exactly what happened on the charts today.

If you're already inside the room, I'll see you tomorrow. 

If you're not in here yet, here's the link to join us.

Kenny Glick | Founder, Hit The Bid

P.S. A 35-point move on $MDB. A massive swing trade unfolding on Oracle. If you aren't using VWAP to spot these reversals, you are leaving your lunch on the table for someone else to steal. See you in the room.