Hey, Traders,

Thanksgiving week is always a little weird in the market. 

You’ll see a lot of low-volume chop and sometimes a sneaky runner. 

But for me, this Friday after the holiday isn’t really about chasing plays. 

It’s more of a reset button. 

I want to give myself the best shot heading into December, when things can start to heat up again — especially in small caps.

These stocks have lower liquidity, so a smaller amount of buying or selling can cause larger price swings. 

Investors also sell underperforming stocks in December to realize losses and lower their taxes.

Out With the Old

Today, I’ll start by going through every ticker on my list. 

I’ve been watching some for weeks and others just don’t belong there anymore. 

If the chart’s broken, it’s gone. If the volume’s dried up and the setup isn’t clean, it’s gone. 

Then I start looking ahead. 

What kinds of names tend to run in early December? What’s getting beaten down now that could turn if volume comes back? 

Next, I’ll go back through past years and look for patterns. 

What was I doing right during those hot stretches? What was I doing wrong when I was giving back gains?

It’s not about predicting the next runner but being ready in case something starts to move.

Clean and Mean

I think a lot of traders underestimate the value of a clean watchlist. 

When you’ve got 50 tickers on your screen and no clear plan, it just creates noise. 

But if you’ve narrowed them to five or six you really understand, you’re not scrambling when one starts to move.

That’s the mindset I want to carry into December. 

So if you’re feeling a little off this week, don’t stress. 

Use this time to clean up your watchlist and study your charts. 

When the right setup comes along, you won’t be stuck in November.

Talk soon,
Jack