Jason Bond Monday Movers Review
Last week, Jason Bond let subscribers know that he was shaking up Jackpot Trades in order to up our probability for big wins!
Instead of sending a trade idea at the start of the week, which has been difficult amid the coronavirus volatility, he flipped the script to send us a watchlist of stocks headed into the weekend.
That’s because his Jason Bond Picks team crunched the numbers on many of Jason Bonds trades and discovered that a lot of his biggest winners were Friday-into-Monday swings!
Thus, Monday Movers (nee Jackpot) was born. You can check out the FREE WEBINAR for the service here.
And today, I’d like to show you how the trio of stocks on our first Monday Movers watchlist performed… and I’m happy to say it looks like the strategy shift is paying off.
Jason Bond Monday Movers: Why Timing is Critical
Before we dive into last week’s watchlist, let me first reiterate the reasoning behind the shift. Research has shown that time and time again, stocks that Jason Bond bought at the END of the week either rallied on Monday or gapped significantly higher.
But why?
Here are three potential reasons:
- Jason Bond trades the same momentum stocks over and over and over again, so by the end of each week, he is very familiar with which stocks are trading strong heading into the weekend.
- By trading a lot of oversold stocks, Jason has relatively high odds of catching good news as these companies try to defend their share price. See, depressed stocks are full of shorts — panic sellers have moved on and often there’s nobody left to pressure the stock lower.
Any good news can trigger a massive move higher — and good news is more likely to occur on a weekend or a Monday, as opposed to a Friday.
In addition, buyout speculation often swirls around depressed stocks, so traders will often “buy the [weekend] rumor” early in the week.
That is why we get up to three trade ideas at the end of each week… and why last Thursday, before the long Easter weekend, Jason pointed out these three beauts from his Jason Bond Picks scanner.
While he didn’t trade them personally (he played it conservative with cash into the weekend), he could’ve made a pretty penny — and hopefully some subscribers made money off the Jason Bond watchlist.
I didn’t play these stock either. I was busy with managing my trades with other services (Trade With Kyle and Fast5 trade alerts).
However, I wanted to review some of these trades that were alerted in Jason Bond Monday Movers so that you can see what kind of trades to expect with the service.
Yatra Online (YTRA)
On Thursday, Jason alerted us that YTRA stock above $0.90 was at the top of his list for potential Monday Movers.
The shares were deeply oversold, as if the Indian travel company were pricing for bankruptcy. Most of YTRA’s recent drop happened amid the overall market pullback — not to mention the negative implications of the coronavirus pandemic on travel stocks, in particular.
Nevertheless, Jason had seen YTRA make monster moves before, and the company had deal news in the past. Plus, a MACD signal crossover just happened, which often suggests momentum has shifted to the bulls’ side.
Jason was hoping for a possible swing of 20%. And, per the chart above, had someone bought at Thursday’s lows and sold at Monday’s highs, they would’ve made about a 24% return on their investment. And even better had they held to yesterday’s peak.
Sientra (SIEN)
SIEN above $1.70 was also at the top of Jason Bond’s watchlist on Thursday afternoon.
SIEN is a stock I really like long-term and have traded a lot over the years — in fact, I just banked $2,500 in ONE DAY on a Jason Bond Picks SIEN trade in March — and I generally think it’s pretty close to a bottom.
However, you would’ve had to time this trade perfectly to nail the roughly 7% profit at Monday’s right-outta-the-gate highs. But hey, RBIs are still RBIs, right? I’ll continue to monitor SIEN for potential breakouts.
Veritone (VERI)
Ahh, VERI and I go way back. Same with Jason! He told us that once he walked out of a doctor’s appointment to a phone call from RagingBull co-founder Jeff Bishop telling him that he just banked about $25K on a VERI play!
Late last week, Jason was stalking VERI around $2.80. The stock had jumped the week prior, and he thought it possible it could stage a comeback.
However, he felt like he was chasing the shares relatively deep into a bounce, given they were at $1.22 not too long ago. Had he bought at his post-watchlist low on Thursday, and sold at Monday’s peak, he could’ve made about 16% in less than a session… and about 20% had he held to Wednesday’s peak.
Jason Bond Monday Movers Review: Conclusions
THE MONDAY MOVERS SYSTEM WORKS. While I didn’t personally make money on these trades early this week, they reinforce that Jason has made the right move in shifting the trading methodology, and I hope it continues.
In fact, if you want Jason Bond’s DAILY watchlists, head on over to Jason Bond Picks, which is basically Monday Movers on steroids.
I think that it is important to know that Jason often doesn’t alert in real-time or even trade these Monday Movers. This has pros and cons. It means that you can usually get a good entrance price. Often when Jason alerts a trade, a huge spike in price will occur. This is avoided in Monday Movers.
However, new traders may feel less confident trading the ideas completely independently.
Good Luck!
Wesley
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