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Good morning, everyone welcome back as always drop your tickers and questions into chat, and i did do everything all right, yeah, all right, cool yeah. I go from the portable from the laptop to the home set up, so i got to make sure i do everything right right off. The bat bmra is as of right now the number one oracle and number one dip and rip idea very, very similar to uh paul p-a-l-t. Yesterday, if you remember yesterday, i talked about p-a-l-t over 12..

I get it with the halt. You know maybe maybe difficult to get an entry, obviously, but the idea again, whether you traded, palt or not, you know we talked about that level of 12. It was the number one oracle idea. Again i get it if you couldn't get filled into the hull.

It happens. It's part of trading, volatile low floats. That being said, bmra is the exact same thing today, uh 11 million float, 8 million shares traded, has some bs news with walmart, but we've got a multi-month breakout and not far, not far from my one year. High.

Currently, oracle has, and let me actually grab this and break it down, break it down. I tell you every time i get on the uh with this, with the with the with the new microphone phone. It always it makes me wan na, makes me wan na sing baby, so we got major resistance at 7, 14. Currently, trading above 16 17.

got that um area. There we'd look for a break over 7 14. Obviously, we still got to wait for all the oracle levels to come in, but 7 14 breaks this thing's gon na go that'd be a good base and then you see you've got a 871 next resistance level on the way up. So bmra is definitely number one number one dip and rip baby and then speaking of p-a-l-t, i'd look at this over 13 for in essence, a repeat of yesterday p-a-l-t over 13.

uh, looking for exact, repeat of yesterday um and then whoops for repeat of yesterday, and Then back burner ideas, cei and dats. Listen um back burner afternoon ideas you guys most of you know what i'm gon na say. Worst stocks in the world, particularly cei, i mean they don't get and i've been saying it for three weeks. They don't get much more disgusting than cei.

Dats went into full squeeze mode, but it's a new month october, 1st sober october by the way, sober october. How many many of you may know? I i restarted 75 hard, but anyway take advantage of the new month to improve yourself, be better, faster, smarter, stronger than the competition as conan says, vanquish, your enemies see them driven before you and hear the lamentations of their women. Those are your goals. You get better smarter, faster, stronger every day, that's how you beat the other guy or the other gal in trading.

Well, mostly, it's you versus you, but but but you can have that imaginary opponent, that's how i get motivated anyway. That being said, cei and dats, they ain't done yet so walleye gill says bmra low flow with walmart news. My idea is over under 650 needs to slow down a little bit. Um 100 agree uh walleye.
We we kind of crossed in chat um. Yes, i i would you know, let's, let's get this thing to slow down, let's get it to bait the shorts. You know again, we like those weak opens to lure in the shorts and yeah it'd, be really cool. If this was kind of slow down here because we know shorts are in, we want them scared, but we don't want them blown out yet not yet we don't want them blown out.

Yet let's get the market open. Maybe we get a chat pump on this and then we rip their faces off 9 45 or later paulie is that is that paulie shore uh asking about fami, had better expectations for this yesterday, i admit: um, here's what i'll say about family and it's it's quote. Unquote in play, i expected more than a four cent move yesterday. So paulie i don't hate it.

It's just what what's your best case scenario, maybe another four or five cent day. So it's not a bad setup. I mean it just keeps pushing higher, pushing higher and holding, but not an ideal chart, and especially after yesterday i mean i mean the biggest reason. I'm not in love with this is i expected now.

I think um paul in in ce i mean i think, a lot of the thunder yesterday was taken. But when cei went you know back into squeezing early. You know um paul, you know took a lot of so that being said, i don't love it simply because four days or four cents of range yesterday pets heavier not enough volume. Not enough range jay ask about mdia boring.

You know not no volume, not enough range. Hey, i'm no hater, you know i love each and every one of you, but it's just slow to do slow, mover anything about grom yeah. What did grom do yesterday? Anything not really see. Um.

Let's see again, it's hanging around. You guys know i like stocks. That quote, unquote hang around, but so set an alert at 450. that that there you go um at alert last at soul.

I mean it's again it's friday new month, but i still think that that paul, you know remember. This is just kind of a sympathy play to uh to p-a-l-t grom over 450. So i know i my thing is: if you want to trade these, these two sketchy meat, social media plays uh. You know, stick with dats, stick with pulp.

You know grom is like the you know, the ugly step brother or something scott scissopoluski asks about prague, spiked early low er float, but not like crazy low float, okay volume. What's my news, so um something last night or not, i don't see any news. Am i missing something uh? My thing is: this is what i'm always gon na say in the market, we're in okay every i mean, and you can test this, and actually this might be your homework. Okay start because you can't trade them all i mean most, you guys are under the pdt, you got small accounts, you can't trade, everything, here's your homework and i'm serious.

This is how you get better track, how many successful dip and rips there are with and without news track. How many successful ready greens there are without news uh a v app holds. You know all these patterns breaks the previous day's highs. If you spend the time and you do the due diligence, i'm very very, very confident you will find that the especially in the post 2020 world.
We need catalysts to get the moves and it doesn't matter. I mean listen, bmra, okay, some colon cancer test at walmart. Okay, i am not saying this is great news, but it's something so you understand that right! No, listen! It's 20! 21.! Do you in in any stretch of the imagination in the world we live in? Do you think anyone is actually even reading this this article or breaking it down? We know better. We live in a clickbait world.

The reason the reason you hate your mother is because your mother doesn't read the article but still post the link to facebook, and then you argue with mom, because you guys are on opposite sides of the political spectrum, because you're allowing the so the the social media And the in the mainstream media complex to pitch you against your own mother, that being said, send mom some flowers. Okay, when was the last time you sent mom's applause or even just a text, send mom a text out of the blue, unsolicited that says mom. I love you. Senators just send her some heart emojis.

That's all you got to do that being said. Nobody's reading this article, but we like to have something so avoid stocks with no news and send your mom a text. Tell her. You love her ungrateful little buggers uh and why moving yeah not much range, you know the nice thing is bitcoins back, i'm sure most of you have noticed.

You know. Bitcoin had like a 5 000 rip this morning. So remember any is loosely tied to crypto and you know bitcoins up what uh you know: bitcoins up four per 10, so bitcoins up 10. This morning i don't hate these crypto ideas, so um our cat good press on fox.

No, no. We talked about our cat. Yesterday, okay, this just watch. Yesterday we talked about this all right, avir merc sympathy play.

What's this: oh high priced 60 million float, though um jeez, nice breakout, so um. If you like, high-priced stocks, most of you most of you, i think i i assume have smaller accounts. Hence the reason i typically focus on four dollar stocks versus forty dollar stocks, but this is uh, two million shares traded. I mean that's good volume when you're talking to fifty dollars, dog, so dip and rip and afternoon v, wap hold so all right.

Everyone couple things as always: on fridays: i'd like to remind you about the free watch list, stocks2trade.com watch list back-to-back weeks baby. Two weeks ago i had crvs crvs went wild. Last week i had dats back to back weeks. People said i was crazy.

Two weeks ago, people said oh crvs is up too much last weekend. People said dats is up too much and go to stocks to trade.com free training. Many of you know i was in california this week had a bunch of meetings, but i also recorded a a what i would call like a mini course. So if you've been to stockstrade.com free training, you know that the day trading mini course.
Is there a lot of you guys like it, i mean it's, it's a mini course. Okay, i'm not saying it's everything, it's like six videos, but i i'm proud of it, but then also if you go there and drop your email um soon, probably a week or so the swing trading mini course free will drop and the short selling mini course will Probably drop a few weeks after that, so um take advantage of all the free stuff and, most importantly, what's the most important thing. What is the number one thing you're gon na do as soon as i hit end you're gon na send your mom a text. You're gon na tell her.

You love her, whether you love her or not. Listen, maybe maybe maybe you've. Maybe maybe you don't even love your mother still do it she's your mom come on man sack up and do it have a good day have a good weekend get on the watch list. Get the free training, most importantly, have a great day.

We'll see you next time.

By Stock Chat

where the coffee is hot and so is the chat

14 thoughts on “Pre market prep- stock market 10/1/21”
  1. Avataaar/Circle Created with python_avatars TRY TRADING says:

    Congratz on the new house. Exactly where i want to be. Enjoy it.

  2. Avataaar/Circle Created with python_avatars Orville Simpson says:

    We're back let's get it in

  3. Avataaar/Circle Created with python_avatars Emad Jaymz says:

    intro music is sick

  4. Avataaar/Circle Created with python_avatars Alexgrey394gmailcom says:

    Congratulations to me on acquiring a new house due to the investment I made on stocks, 2021 is going to be a great year for me.

  5. Avataaar/Circle Created with python_avatars Anwar Saeed says:

    OK…so here what it is these days in the market….it's Algo Vs Algo…funded by big banks….that's why the market stays yellow and it's so hard to trade …for retail investors.. it's not boring but it's driven by Algos…

  6. Avataaar/Circle Created with python_avatars spearsg says:

    Thx Tim! You're always a great sanity-check for my morning plan

  7. Avataaar/Circle Created with python_avatars CrabApples Bodaciously Bitter Fruit's says:

    $SDPI the next meme battle ground buss it open like Larry finks arse before he goes to solitary confinement

  8. Avataaar/Circle Created with python_avatars J Streetz says:

    Whats a good call option for today

  9. Avataaar/Circle Created with python_avatars Daniel Scott says:

    Text is sent to mom

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

    Thank you for all your info it's helped so much so far I just need to stop making mistakes

  11. Avataaar/Circle Created with python_avatars Mona says:

    "Send flowers and a text to your mother" priceless-thank you Tim for this reminder and for all you do for the trading community. I really appreciate you. keep doing what you do!

  12. Avataaar/Circle Created with python_avatars Jake Campbell says:

    Hey Tim, how did the Commies knock you of 75 hard?

  13. Avataaar/Circle Created with python_avatars Ninja4hire says:

    Legend

  14. Avataaar/Circle Created with python_avatars Barry Christopher says:

    My life totally changed since I started with $7000 and I now make $17500 every 14 days

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