A lot of people want to know why I was so ornery yesterday.
Listen, I will not apologize for being annoyed about laziness and mediocrity!
When people have such a desire to stay the same and not grow, I don’t have much patience for them playing the victim card.
On a somewhat related note, my hero Jocko Willink recently posted a video about taking ownership … Watch it and get inspired!
Here’s what I’m watching today…
I don’t need 500 stocks. I just need one. Support.com, Inc. (NASDAQ: SPRT) continues to be a top watch for me. I’ll be looking for breaks of $15 with risk set at $14.50.
Ah, the infamous Fulcrum Therapeutics Inc. (NASDAQ: FULC). I still like it overall, but I hate the volume. I think they need to drop a press release or something...
High float, disaster chart. I’m not so excited about Glory Star New Media Group Holdings Ltd. (NASDAQ: GSMG). Honestly, I think it’s sort of like Pop Culture Group Co. Ltd. (NASDAQ: CPOP) yesterday. I wouldn’t be in any rush on this one...
People keep trying to short NFT (non-fungible token) stocks like Takung Art Co Ltd. (NYSEAMERICAN: TKAT). So there are still opportunities. I’ll be looking for weak open red-to-greens and whole-dollar half-dollar levels.
Kaixin Auto Holdings (NASDAQ: KXIN) is a sketchy electric vehicle (EV) play. I like it over $4 because that’s a break of the high of the day as well as a multi-month breakout. All the same, Chinese stocks are pretty volatile right now so I’m in no rush to trade.
A follower asked about Universal Security Instruments, Inc. (NYSEAMERICAN: UUU). It’s low float with heavy float rotation as of the premarket. I think it has potential as a dip and rip — especially if there’s a chat pump.
I’ve personally avoided Regencell Bioscience Holdings Ltd. (NASDAQ: RGC). It’s definitely in play, but I’d advise that traders watch their size because it makes wild moves both to the upside and downside.
Is Zomedica Corp. (NYSEAMERICAN: ZOM) back? This ran back in January or so based on Carole Baskin-related news. Right now, I’d be very wary because it’s a classic bag-holder chart...
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#StockMarket #Trading #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.
You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.

All right welcome back everybody um, i'm ready to get after it another busy day. As always, i will keep it quick, but just a brief recap of yesterday man, many of you were like tim. Why so ornery blah blah blah blah blah blah number one? I will not apologize. I will not apologize for being angry about laziness and mediocrity uh.

You know this. So the reason for my foul mood yesterday is you would be shocked, shocked. You know, i know i do with the always. I do that fake shot scenario but um.

It is incredible to me the the the desire to stay the same, to not learn to to fail and then claim victimhood, um and - and i mean i bring up that ed psychotic quote all the time. You know the ed psychotic quote that everyone gets what they want from the market. Some people like to lose so they win by losing. It is incredible, incredible and psychotic nothing, but respect for that.

Guy, probably my favorite quote of his of all time, and what is interesting is is not only that idea that people seem to like to fail. They then doubly like to be a victim and and to blame others. And, oh i you know, and and it's just it is incredible to me so that being said, i will not apologize because it i i have a right. I will always get angry at laziness and mediocrity and and playing the victim until i die a hundred years away, i'm 63.

So when i die 62 years from now, when i'm 125, i will hate it till the day i die and you can put it on my gravestone. This old fool died screaming about his hatred of mediocrity, claiming the victimhood, etc, etc, etc. So that being said, welcome back my friends. I will fixate for at least a couple days.

You know i will fixate on those of you that want to learn that want to grow that want to succeed, and when you fail you will invariably fail. You will probably fail today: okay, listen you're here, because you're, a new trader odds are listen, bad news. You might not like this you're here because you're new, if you're new, to day trading, if you're new to trading, if you're new to finance odds, are you're going to fail. Today, oh no but but mommy said i was special tim mommy said i was special and i was gon na win.

No odds are you will fail today? That's the odd that that is the odds. If ninety percent fail at this odds, are you will fail, but if you're determined to learn from it grow get better get one percent better a day, get smarter, faster, stronger, better every single day, you won't lose forever. Okay, if you play victim cry, if you blame others, you will lose forever, my friend forever and ever and ever until the end of time. That was supposed to be one minute.

It was four minutes, ha ha all right. Um infamous blue asked about sprt day 500 of this being my number one watch number well done infamous blue um. Looking for this to break 15, probably gon na risk down on 1450. You know after the open you know, obviously i'm extrapolating to a certain extent, but v web is probably going to be 1450-ish if, if this continues to trend sideways love, a 15 break with risk down on 14.50 - and i mean i don't - need 500 stocks - i only Need one sprt 15 brakes risk on vwap and then infamous, fulc um, you know if you lc everything i've said is the same hate.
The volume hate, hate, hate, hate hate. All of you should know. It's been a while, since i brought out the dave chappelle haters ball clip, but i despise the volume and fulc these guys need to. They need to drop a pr or something you know: hey uh.

Let's go over to the ir team where's a yo where's uh about where's like who's the who's who's head of marketing science, human resources - i don't where's the ir medical technical council. Ah anyway, i will move on whoever is in charge of ir pump out a pr. So that being said, i still like this everything i've said for two weeks is true: just the volume is abysmal, so um anyway, michael asked about gmseg dip and rip gsmg. What is that must be a day? Warner g glory star media, oh my gosh.

So it's another! So here's my thing: what was it yesterday? C-Pop, okay, um and c-pop - was death right. So there's my there's. My answer. Um michael remember, c-pop.

Yesterday. Remember how i scoffed and scoffed and scoffed and mocked c-pop. Yesterday, chinese dance studio, blah blah blah gsmg. China, broadcasting, you know so 25 million float disaster of a chart.

I wouldn't touch this in the morning. So looks like today's c pop to me so gsmg, another sketch china media play um. If this is your fave, don't be in any rush, looks like today's sea pop to me: cat eating shorts, like they're on sale, um, says nicholas, uh, yeah, weak, open red to green or or breaks of eleven. You know this is uh shoot.

What was it like? Was it like btbt, they remember when btbt was squeezing the other day, so a bunch of different ways to approach this weak open, ready. Greens. 11. 50.

12. 12. 50.. This is that whole dollar half dollar all the way up.

I talk about so um yeah and again just people that are dumb enough to short a sketch nft play uh red to green and whole dollar half dollars all the way up, and if that's confusing you hey yeah, i mean i only have so much time but Understand that key levels idea: okay, um the human mind, fixates on whole dollars, half dollars short sellers tend to panic at whole dollars and half dollars, um, etc. So, please give us your input on k x, i n so another sketch china stock, ev related um thing. Break four, so so, oh okay! So what i like about kxin over four number, one, that's the break of the high day! Okay! So let's talk about this break of high day whole dollar, half dollar, as well as a breakout, a multi-month breakout on the daily. So i, and and again you don't have to agree with me, but i'm in no rush to trade, china stocks - i just we've had so many bad headlines.

Okay, look at again look at cpop yesterday, but you've got a lot going on at four. So if you've got a a chinese stock, i do like you know: evs are coming back. I think evs are gon na, be a strong sector again and you've got a lot of. You got multiple time frame: alignment at four multi-time frame alignment and, if you're under understanding what um, you know that multiple time frame alignment that that term, you might not have heard me, say that much.
It is straight out of brian shannon's book technical analysis on multiple time frames. Brian shannon has been on the podcast. I think that book is a must buy. I've said this a million times i bought it when it came out in 2009.

So much and again great podcast with brian and he's just such a nice guy, so smart and um so check out the podcast buy his book, but just so you know so much of what i talk about technical analysis. Wise is straight from that book. You know uh 12 years later, so please buy it. I get listen, i get nothing if you buy, but here i am, you know, begging you to buy it s-cock s-g-o-c in play today, no um, you you you so sorry on scott, nothing going on you you! Yes, dip and rip over 850.

This is probably going to be the chat pump. Du jour uh, 2 million float 2 million shares traded. I would expect um, you know it's funny. I joke a lot.

I think that i think some of these big chat rooms are watching pre-market, prep, hello, homeboys, but um, hey man, i'm all about positivity. If you want to tune in i've, i've mentioned it. You know elon musk watches these dave goggins watches these joe rogan watches these jocko willik watches these courtney. Doe walter watches these.

So i i welcome everyone that wants to partake, but you you, you is it rip uh and let's get that, let's get that chat, pump! Bro and rgc man, you know i have avoided rgc now. I know i know a lot of people that have done very well on this, but man just crazy moves, scary and all the halts, but this is the biggest thing with rgc. I would tell you, please be careful with your size: okay, don't get oversized on rgc. This thing makes wild moves to the upside wild moves to the downside.

So just if you're trading - it i mean, listen, it's in play. Two million floater makes big moves. It'll it'll go if it breaks ready, green, it will go but just halts huge moves. Please be careful with your size.

That's the biggest thing, i'm going to tell you so rgc. This goes on a red to green, but please be sized accordingly based on the daily range, all right, one more and then i got ta run uh muhammad, that's about zombies! I'm actually back is the carol baskin pump still around. Oh, i love it. I tell you know again: if you guys remember your stock market history um, this was the is cameo still around.

I don't even know cameo still around. So if you remember your stock market history, which you should all, should you should all be students of the game, this ran back in geez was it that was january man. Time flies time for lies time waits for no man. That being said, um they paid somebody paid carol baskin to do a cameo on this.
They paid her like 200 bucks and the stock went from 20 cents to 3 bucks. So that being said, i would be very careful with zom just because you've got a classic classic classic bag holder chart. So when i say bag holder chart, you know you know, a lot of people are still holding this thing from january and you know huge downtrend. So what is the bag holder dream? Okay, when you've got a chart like this that spiked recently the bag holder dream - and i i tell this story all the time we've all been there - i've been there: okay we've all! We may not want to admit it, but we've all been there and the bag holder dream is to get back to break.

Even so, that's why you see these failed spikes over and over again, because every time zom spikes, the baggies start selling. So i i don't know you know, do what you want it's in play. It's day, three, the run. It's got, uh see it's high flow too.

You know high float yeah, do what you want. I don't like it. I think i think you're begging to get bagged in zom, though, that all changes, if they get you know if they get like uh carol to do another uh pump that changes. So all right, my friends have a good day um.

I you know back to number ones as of right now and you might be like seriously still now. It might change. Okay, it's 8 45 a.m. We got a long way to go to 4 p.m, so it may change, but right now, with with sprt that squeeze yesterday afternoon, it's holding v up right now, it's my number one.

So, for the 500th day in a row barrel, damn all right have a good day. Everyone uh try and get one percent better every day, get smarter, faster, stronger every day, if you're not moving forward. You know if you that butchered the quote best ending ever so anyway, i salute all of you that are trying to get one percent better that are trying to grow that are trying to learn that you're trying to succeed, and when you fail, you take extreme ownership. Okay, um straight from jocko willing, it's probably yeah.

Well, no, i got dichotomy of leadership but um when you fail, you own it. Okay, and i think that is one of you know a great video posted by jocko uh. Recently, i tell you um, i think, just monday night, maybe - and we don't talk politics here, but jocko posted an amazing video about taking ownership of the afghanistan situation and please watch it. Please watch i'll make sure it's linked in the video replay, um and think of that with your trading.

Okay, you're you're, the ceo of your trading, and it it all rolls uphill. Okay, so anyway, go to jacqueline's. Instagram have a great day. My friends and we'll see you next time so.


By Stock Chat

where the coffee is hot and so is the chat

20 thoughts on “Pre market prep- stock market 8/26/21”
  1. Avataaar/Circle Created with python_avatars HUG A VET says:

    SPRT HOD 55.67! premarket today, 8/27

  2. Avataaar/Circle Created with python_avatars jay smith says:

    I totally appreciate all you do. i have learned so much from your generosity of knowledge.

  3. Avataaar/Circle Created with python_avatars Rolph Sapee says:

    Whats the name of the podcast episode where he was on ? I looked for it and I couldn’t find it. Please I would love the help

  4. Avataaar/Circle Created with python_avatars Justin Garcia says:

    Tim always providing valuable knowledge. The first 4min of the vid was a much needed reminder of how to conduct yourself. Please Keep em coming

  5. Avataaar/Circle Created with python_avatars mrPmj00 says:

    ,.,.AMAZON:
    Yep, I bought a ton on the dip. It's getting cheaper relative to its current earnings (half compared to last year).

    Amazon invested $14 billion in the last quarter alone, the same as it spent in 6 months before that. It is a do not sell stock.

    …With the Delta virus coming at full speed ahead, pandemic sales will make a comeback.

    Amazon is investing so much money, that no competitor will ever be able to catch up.

    Amazon's not going anywhere so I know that eventually it will come back.
    Fidelity considers Amazon as a large growth company (probably because as big as it is, it still only has 7% of the retail market)

    buying via Amazon Smile donations donates some money to my favorite charity too!

    Get on board or be runover, it's up to you.

  6. Avataaar/Circle Created with python_avatars Ultra Transformation Therapy says:

    You are on point today

  7. Avataaar/Circle Created with python_avatars Dalen Hutchison says:

    Man look at $SGOC go. Don’t sleep on me Tim!

  8. Avataaar/Circle Created with python_avatars MickT Day Trading says:

    Thank you Tim

  9. Avataaar/Circle Created with python_avatars sledgehamner says:

    Detroit hat & Hawaii shirt. Is this Magnum PI day?!

  10. Avataaar/Circle Created with python_avatars Dangitboy says:

    1% BABY!!!!! On it, thanks so much man. Have a glorious day!

  11. Avataaar/Circle Created with python_avatars Jae Treez says:

    Thanks again for all you do and all the premarket morning preps my guru. Episode 500 here we come!!!

  12. Avataaar/Circle Created with python_avatars Seamas Flanagan says:

    Thanks Tim. You are correct I failed yesterday and will probably fail again today. It was totally my fault though I am my worst enemy in trading. Your videos are very helpful though thanks for your time.

  13. Avataaar/Circle Created with python_avatars Elías Mattéo says:

    I love your video but i will advice everybody who is into cryptos to Stick with ETH and BTC as much as you can guys. If everyone sells when it starts to fall, which at one point it will, the dream may be lost because of it being too volatile for companies to get behind.

  14. Avataaar/Circle Created with python_avatars Jared Marcell says:

    Tim – I'm a fan of using volume profiles from a previous day, week, month, etc to confirm support and areas of possible breakout. For a multi-day runner like SPRT, is there any value (no pun intended) to referencing a volume profile of the previous day, week, or even premarket to get a feel for a decent entry?

  15. Avataaar/Circle Created with python_avatars kiddon't says:

    I tell my teenager that same thing everyday. It's all about closed or open mindset. I'm still trying to get past that you said your 63?

  16. Avataaar/Circle Created with python_avatars James Miley says:

    Started trading in January and my brother who got in ZOM at .10 cents told me about it at $1.20 so I go in, don't know shish at the time don't average down all the way to .66 and finally reached the dream this morning, out of ZOM at .69 cents.

  17. Avataaar/Circle Created with python_avatars Lyudmil Gendov says:

    Thanks Tim

  18. Avataaar/Circle Created with python_avatars J says:

    Ngl Tim doesnt look 63

  19. Avataaar/Circle Created with python_avatars Matthieu Loiselle says:

    Mommy said I was special LOL

  20. Avataaar/Circle Created with python_avatars Joel Ortega says:

    Love the energy Tim. Thank you for you mentorship!

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