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Good morning,

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Here are my current position goals:

• TNON $7-$10

• VERI $4-$4.50

• LQMT $.10-$.30

Fresh cup of coffee in hand and ready for the action.

The IWM is trading steady this morning on the verge of a breakout as rates come down. No doubt there will be some fireworks today — a lot depends on the size of the cut and what Powell says afterwards. Been a long wait for small-caps to be back in play. And as my bread and butter service, I couldn’t be more excited. Check out this 4-year weekly chart of the IWM — that’s what you call choppy! 2022 crash. Banks in 2023. Rising trend in 2024. Breakout in 2025?

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Sure looks to me like this should fire long. Maybe not today — likely too much noise. But in my view a 10% move higher is coming soon for small caps. I’m thinking $220’s - $240’s clean breakout and trend for the next 6-7, maybe even 10-years. It’ll take a long time for them to bring rates back down to a near zero environment and small-caps should keep finding a bid along the way. No doubt there will be corrections as we go, but a nice bull market for small-caps is what I’m predicting from here.

This all means we need to get this newsletter firing strong again. But unlike the previous run I had when I first launched my career — this time there’s more momentum stocks due to Wall Street Bets happening a few years back. I think the next 10-years is going to be epic. This run I had wasn’t bad but I’d like to do much, much better during this stretch.

A few observations:

1. The small-cap market now trades actively from 4 am ET - 5 pm ET. Yes the market is open until 8 pm ET but I notice it slows down into dinner. But definitely active at 4 am ET — hell, TNON went from $3’s to $120’s a few days ago between 4-5 am ET.

2. Low-floats are a household name now and the newsletter will find it’s footing with them. In the old days a 5-20% win was awesome but with low floats I think we can up that to 10-30% and often same day.

3. Small-cap short sellers are a bigger part of the market nowadays and as we saw with GLMD Tuesday this can work to bulls advantage. Stocks don’t go down as easily as you might think — try shorting them (paper trade) and you’ll see what I mean. There’s a lot of short and distort by big groups of traders but because these are 1) hard to borrow 2) expensive to hold overnight — we can target intraday bull flags knowing that there’s demand on the bid / ask to cover the short.

It’s been a while since I’ve been very focused on any particular form of trading. For about 10-years it was only small-cap momentum. I certainly strayed some, trying to learn directional options, and that experience was costly, but it’s made me a better trader.

I plan to move very fast with my trades going forward. I will absolutely hold stocks overnight, but if I get a win or my stop is hit same day, I’ll move on.

Headed into Wednesday I’m trading fibonacci on TNON at $6.11, looking for $7-$10 and a breakout on VERI at $3.84 looking for $4+. The float on TNON is under 500k so if / when this turns back up it could go very fast. Daily fibonacci retracement play. Believe it or not it hit $130 in the premarket last week — which is what I mean by higher FAST!

I also have long-term LQMT which has several reasons to head higher in the near-term. First and foremost the Evie Ring, made of Liquidmetal went back on sale yesterday. Here’s the presser from Movano. Secondly, AAPL updated their iPhone patent for a Liquid Metal iPhone the same week as Mate XL smashed sales. Why is any of that important? Looks like Yihao is making the hinges for the Mate XL. Guess who has a manufacturing supply agreement with Yihao? Yup, LQMT! We know the Evie Ring sales drive revenue for LQMT. And we know the ring is up for FDA approval. That’s great for LQMT. But even better would be if we ever start to see revenue from smartphone hinges or something in that vein. Suffice to say there’s a lot going on. I’m averaged at $.09 and would love to see this back over $.10 in the near future. As always I buy and sell this one, usually without any notice.

Coffee #2 in hand.

PRTG is the latest low-float biotech to catch fire. This morning it’s gone from $5 to $20’s already as I sit here and type. $24,000,000 already changed hands on a float under 500k!

LUNR had some good news and because it’s a bigger market-cap I think they’ll be opportunities to play this both ways headed into the weekend.

Wednesday into Friday we want to keep track of anything that spiked huge late last week or early this week. Short interest will grow as momentum stocks retrace and then that short interest creates a backstop and often propels the stock back up on a squeeze i.e. rest and retest pattern. GLMD, which is fading this morning back under $10, would be a good example. Around $8 into the weekend that could see $15 again etc…

All of these lessons are recorded for you from years and years of hard work learning to trade and teaching small-cap momentum trading.

PRTG, OMEX, VEEA, and LUNR are the stocks with range this morning. The gameplan is to view the intraday, often using Blackbox Stocks Go / NoGo and look for inflection points where it’s likely for the stock to level up or down.

Eat, sleep, and trade!

Jason Bond

Learn more about my premium subscriptions:

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• $2,000 Small Account Journey — $247 monthly

• Roadmap — $4,999 yearly

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