Hey traders,
Everyone loves a clean narrative.
AI. Biotech. Oil. Bitcoin.
Easy to name. Easy to group. Easy to trade.
But the weirdest pocket of the market I’m tracking right now?
It doesn’t even have a name.
It’s not really a sector, it’s more like a behavior.
A hot mess of penny tech, failed SPACs, fake AI, and crypto sympathy plays that just rotate hype back and forth like a game of musical chairs.
Stocks like:
- Quantum Computing Inc. (NASDAQ: QUBT)
- 2x Bitcoin Strategy ETF (NASDAQ: BITX)
- Opendoor Technologies Inc. (NASDAQ: OPEN)
- Bitmine Immersion Technologies, Inc. (NYSE: BMNR)
- T-Rex 2X Long MSTR Daily Target ETF (NASDAQ: MSTU)
… total misfits. But they trade clean when the timing clicks.
Nobody trusts them. Nobody holds them. But they move fast, sometimes violently, when the cycle’s right.
And lately, they’ve been trying to come back to life.
A couple of weeks ago, I saw early signs.
Bitcoin started heating up again. AI headlines started flying again. Some of the old junk names, the ones that popped hard back in 2021, started creeping back on volume.
Not real breakouts. Not sector-wide moves. Just pressure.
The kind of stuff that shows up before the chart actually looks good.
That’s when I start paying attention.
One of the trades that stuck out was QUBT.
It barely gets mentioned, but when AI stocks run, this thing sneaks in. No real business behind it, but it doesn’t need one. It’s a sympathy trigger.
When Nvidia’s CEO lit the mic at GTC Paris, QUBT shot up 25% in a single day, even though no one expected it. That’s the level of speed this behavior cluster delivers.
Same with BITX, a crypto ETF that trades like a penny stock.
Most traders don’t even touch it. But while everyone’s watching Bitcoin crawl higher, BITX moves faster and wilder.
BITX spiked hard in just a few trading sessions while Bitcoin barely moved.
The leveraged ETF often acts like a misfit penny stock, perfect for setups triggered by sympathy flows.
Then there’s BMNR and MSTU, names that probably shouldn’t even be listed.
But low float + rotation? That’s enough to spark a move. If you’re ready, it pays. If not, it ruins your day.
I’ve taken some hits in this pocket, too.
A couple of these recent trades cut deep. But the setup’s still there.
The volatility hasn’t left. And the market’s throwing another match in the pile every time a new narrative hits.
It’s not clean. It’s not predictable. And honestly, it’s a little bit chaotic.
But this corner of the market pays attention to pressure. Not headlines. Not news. Pressure.
That’s what I care about.
I don’t need a sector to trade. I need movement. I need setups that trigger before they trend.
Right now, that weird little pocket—this misfit group of hype tech and crypto sympathy names, is where I see the most tradable action.
If the timing lines up, I’ll keep stalking them.
If it doesn’t? I’ll keep watching them fake out everyone else.
But either way, this behavior cycle isn’t done yet. I’d bet money it starts pulling in new runners before the week’s over.
I’m still watching Bitcoin, just not for the reason most people are.
I care about the sympathy action it sets off underneath.
Catch you later,
Jack Kellogg