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#StockMarket #PreMarket #Stocks
*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
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So all right good morning, everyone welcome back so a lot of holdovers from yesterday. So i o was kind of my number one. It really butted up against resistance all afternoon, but still holding here over the twos, then prague had a nice move into the afternoon. Still prog still holding over three uh f-cell battling with red to green and then bbig.

I still got that alert at nine um. You know again, remember especially like bbig. Remember the idea on that. It's the we are into the post twitter pump transition on bbig, but the longer it hangs around the longer it just slowly grinds higher the better the potential for that explosive move over nine because um, you know that way that really spooks the uh, the quote-unquote short Sellers, so that being said chris asking about what oh man i tell you um, you know this is like i.

I know i go back and forth about debating whether or not um the or, i should say debating using short selling as an aggressive strategy in 2021, but i mean this is like of all the stocks in the world. You should short it's wot, okay, and really. This reminds me of comms yesterday um for what it's worth. If you remember coms yesterday, a lot of you asked about this and we looked at the news we scoffed at the news and um and again.

I know why you guys are here you're here, because hey we want to trade, something give me something to trade, but also understand uh, the value of of not getting stuck in a crappy setup and again. This is something i talk about frequently, but we scoffed and scoffed at comms. Yesterday i mean this thing: it didn't if this thing didn't uptick the entire day, and here it is probably to gap down and watt is very, very similar. I mean watt, for i want to say for almost 10 years watt says: oh, we got this wireless charging coming and then stock spikes fades.

Six months later, wireless charging coming stock spikes fades. So in those situations you got two options on what and i listen i'm here for you guys, i probably wouldn't even discuss watt unless you guys asked because of the history. Okay, the only reason i'm even considering it is i'm all about helping you guys, and several of you are asking about it. So, in my opinion, what two options oops one ignore it two afternoon v lap hold other than that forget it um brian asked about edsa.

Again, very similar to coms. Yesterday i do like that. It's 8 million float. I do like 2 million volume.

I do not like uh penny stock covered uh. You know this is again long time. Members are like here we go, but i'm going to say the same thing: we've got. You know multi-billion dollar market cap, real companies with vaccines, and now we got the merc with you know.

We get that merc uh uh therapeutic, it's just! I don't think there's any! Nobody cares, nobody cares about. Covid penny stocks. Okay, we got moderna, we got pfizer, we got johnson and johnson, we got merc, okay and, as always, you don't have to agree with me. It is a low float stock.
It does have news, it does have decent volume, but if this is your best idea again much like what plea, if, if you're determined to trade edza, i'm going to say it's, it's the same as as what wait till the afternoon. So nobody cares about. Covid penny stocks anymore. If you are determined to trade, this please help tim's sanity and wait till the afternoon.

Okay, i don't want you to blow up. I want you to be here tomorrow. I want you to be successful. Okay, i think that that if there is one overriding theme of free market prep again remember, why did i start? I started this because of the lockdown.

I was like hey a lot of people out of work, a lot of people uncertain about the future. You know i mean go back to march of 2020.. A lot of people worried a lot of people. Didn't you know, am i going back to school? Am i going back to work? Is my business yo? Where am i at? I want to help.

You guys help me help me retain my sanity by waiting until the afternoon on edsa, if, if you're determined to trade this, what do you think about lmfa? I mean same old same old with these crypto plays what's bitcoin doing i mean let me look at bitcoin. I mean it's still hanging on to 62 000.. I just i you're gon na get the same answer on these wait for bitcoin breakouts and i'm going to say the same thing again and i've said this since i've said this for a year a year. My opinion is instead of trading these crappy crypto stocks buy bitcoin, i mean i don't know nobody wants to listen to me.

Everyone wants to talk about lmfa and btbt and and and mara and riot, and - and i don't know just i i just in this - is write this down. Okay, get out your post-it notes, get out your notebook october 19. 2021. 8.

37 a.m until bitcoin breaks major levels: 65. 70. 75. 80.

85. 90. 95. 100.

You know when it goes into these sideways modes. It's sideways right now kind of just chopping around at 60. 62.. I don't think you should be trading these crypto related stocks and, if you're determined to be exposed to this sector, buy some bitcoin just buy some bitcoin buy some bitcoin and trade.

You know dip and rips out. Of course we don't have any good dipping rips. Today, trade breakouts on uh, f, cell io and prague and and and and trade the squeeze over nine on bbig or something gravy is gravy back gravy's. Not back.

Is it gravy's kinda bad gravy, ain't back, um, lou, lou, yudmill, gravy, ain't back, sorry, um, bmra news? I did see that this morning i saw the headline i didn't read it um. Let's take a look at this news now, colorectal just so it's a self. This is like a self test for easy, detect colon cancer self-test um. This is the best we got.

I mean you know, this is the best we got today. No hey, you don't have to handle any stool, no lab processing. I don't know man over 650 or seven or something. So i don't know i mean, listen, don't shoot the messenger.
Okay, it ain't my fault, but if this is the best we got hey affirm. Thank you. Thank you. Thank you enrique enrique.

Thank you. Somebody wants to talk about a decent breakout in a hot sector stock. Consumer credit, nice breakout. All the firm does is go higher.

Thank you enrique finally, breakouts over 160 defenses of red to green. If this opens or i'm sorry defenses of green to red or if this does gap out back gap down, it's a red to green look at upst yesterday, upst, i don't get it all. Yesterday morning, people trying to short this first red day on upst - i don't listen. I don't know what is happening to the world when people are trying to short, first red day on upstart a firm.

Ah, what's the other one sofi, it's the hottest sector, we got right now now. Is it like the greatest hot sector in history? It ain't evs, it ain't weed stocks. It ain't covered it ain't, oil and gas, but quit trying to short first red day on upstart, affirm and sofi cause. All you're gon na do is blow up.

You're gon na be michael, bury guessing the tops on tesla and living in a world of pain. That being said, upstart affirm sofi there. You go there's some good ideas today, because we ain't got no good penny stocks other than a continuation on f cell io, prague and a squeeze over nine on bbig a good day. Don't blame me that there's no good penny stocks, it ain't my fault check out the steady trade team.

New podcast today have a great day it's earning season. What do we do in earnings season? Okay, it is earning season. Is this your first earning season? If it's not your first earning season, you know we focus on real stocks during earnings season up start a firm so far on on down the line. All right see you next time.

Whoops, i can't play spotify got ta play the copyright free music. 19.. I think i dated yesterday's wrong.

By Stock Chat

where the coffee is hot and so is the chat

10 thoughts on “Pre market prep- stock market 10/19/21”
  1. Avataaar/Circle Created with python_avatars Risk Kay says:

    This is my first earnings season

  2. Avataaar/Circle Created with python_avatars Shari Mounce says:

    Thank you so much for doing this.

  3. Avataaar/Circle Created with python_avatars Robert Cameron says:

    10% gain on PROG at 8am into 910am

  4. Avataaar/Circle Created with python_avatars William Puga says:

    . "99%+ of traders don't care about Ferraris and yachts. They just want to pay their bills, save a little extra money, and sleep well at night. The only way to do that is to bat 70% or more. Anything less, and these goals are nothing more than fantasy."

  5. Avataaar/Circle Created with python_avatars Michael vee says:

    <I respect your work mate.. TA is all well and good but I find it truly baffling that all major crypto youtubers just look at pure TA and completely ignore the bigger narrative of why BTC is pumping and why the future outlook might not be as rosy as it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market. This is the worst possible time in history to invest as so many don't back up their crypto assets. More emphasis should be put into day tradiing as it is less affected by the unpredictable nature of the market. I have made over 8 btc frm day tradn with Wim Steven’s insights and signals in less than 3 weeks, this is one of the best medium to backup your assets incase it goes bearish.

  6. Avataaar/Circle Created with python_avatars The Blazing Knights Gaming says:

    Wondering on how $CIFR is going to do for a long

  7. Avataaar/Circle Created with python_avatars luisa pajet says:

    I want to wake up one morning and find out that my portfolio is $1,000,000 . I know it’s possible

  8. Avataaar/Circle Created with python_avatars Hoopoe says:

    Good Morning Tim. What do you think of SACH. Many thanks.

  9. Avataaar/Circle Created with python_avatars J Valentin C says:

    I'm listening brother. Thank you.

  10. Avataaar/Circle Created with python_avatars Grace Ucat says:

    Good morning Tim. Thank you for all that you do.
    Is GROM done? I still have 500 shares with an average price of $5.05

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