Hey VWAP family,

Unfortunately, I’m under the weather this morning, and won’t be hosting my usual LIVE 9:30 a.m. ET trading hour… Groan.

BUT, the great thing about our Money Morning LIVE family is we are a TEAM of trading experts, each with our own unique flavor – like a salad bar, minus the COVID.

So please watch my good buddy Mark Sebastian in my usual 9:30 a.m. slot today, ahead of tomorrow’s Profit Revolution, and stick around for an all-star cast, including the Tom Gentile team, Andrew Keene, and Garrett Baldwin!

And you know me… I wouldn’t leave you totally hanging without your Knowledge Bomb fix!

In fact, I may be nauseated this morning, but I’m also feeling something… Pride.

You all impressed me during Friday’s LIVE trading session, so today’s VWAP lessons are brought to us by Viewers Like You, including:

  1. Timing your entries
  2. The best time to buy Pump & Dumps
  3. What to do if you miss the trade

And more!

Plus, we’ll go over a couple stocks that could appear on my VWAP Earnings Radar later this week.

Timing Is Everything

When you’re a VWAP day trader, it’s CRUCIAL to get the timing right – that not only includes exiting your positions at various prices, but also waiting until VWAP tells you to enter the trade.

So I was a beaming father when one of my wonderful viewers told me to check out Alibaba (BABA) on Friday.

If you found BABA on your own Friday morning and timed it perfectly, congratulations!

That means you:

  1. Waited that magical 15 minutes at the opening bell, to let the initial chop play out; and
  2. Bought when BABA shares were breaking back above the 1-minute VWAP and their pre-market highs

BABA was a buy on a VWAP break Friday morning

It was a similar situation when one of my wonderful VWAPians brought Uber (UBER) to my attention.

A little patience at the open, and buying on the upside VWAP break… CHEF’S KISS.

In fact, one of my all-time favorite patterns – especially around earnings – is buying stocks that gapped down and are moving back above the 1-minute VWAP.

UBER broke back above the 1-minute VWAP
In fact…

The Best Time to Buy Pump & Dumps

One of youse also brought up Support.com (SPRT) – an insane stock that’s been on my radar quite a bit lately, following a recent Blue-Sky Breakout.

Specifically, SPRT had made a Dip & Rip pattern – which is actually the best time to buy these Pump & Dump stocks.

SPRT was a Dip & Rip Friday

This pattern – also called the “Checkmark of the Lord” – is when a stock drops below the 1-minute VWAP, finds support around a VWAP shuffle, and then rips above it and the shares’ previous highs.

What to Do If You Miss the Trade

On the other hand, I was extremely proud of the viewer who said they were looking to short Hewlett Packard Enterprise (HPE) shares after an opening bull gap.

See, ahead of the bell, I was stalking HPE shares for a potential long trade.

However, the upside VWAP break happened right before the opening bell, and even if you were actively stalking HPE at that point, you may not have been quick enough to get in on that crazy candle (assuming you have pre-market trading clearance).

So odds are, you might’ve missed the HPE long trade.

BUT, one of you later noticed that HPE was breaking back BELOW the VWAP, and said you were considering buying at-the-money put options.

HPE gapped higher before crapping

My heart just about burst.

This not only told me that you all are paying attention to how I play BOTH SIDES of the VWAP, bullish and bearish – it also told me you know that when you miss a trade entry… either switch teams or wait 15 minutes!

In conclusion, I’m so proud of my VWAPians for putting my lessons to good use, and I love hearing about all the money you’re making in the chat.

I try, Jeri!

Make sure you join me LIVE right here at 9:30 a.m. ET each morning, to see which stocks I’m stalking and why – and keep tossing those ticker symbols at me! (For today, get in here and join Mark Sebastian!)

For this week, you may find stocks like Lululemon (LULU), Gamestop (GME), and Kroger (KR) in my crosshairs after earnings… You can find an earnings calendar near the bottom of the ThisIsVWAP.com home page.

See you in the room tomorrow!

Kenny “The Warlock” Glick


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