Everybody welcome back to the channel in today's video we're going to talk about the top three stocks for today. I'm also going to be answering some of you guys questions for those of y'all who dropped the stocks of interest. In the comments section of last night's video. Now before we begin again, as always, do not forget to annihilate the like button on your way in and also don't forget to click on that subscribe button along with the notification bell that way, you don't miss out on these uploads.

So let's, let's get started. Let's begin right off the bat, we got the spy right now and so far we are trading lower. We are trading at zero percent exactly or lower, which is what i want you guys about last night, when we were over here all right overnight. It immediately collapsed and now there's this little pump fake right here.

I don't think this is going to last at all. I really don't it is. It is uh present in all of the other indices right now. The dow jones is down the most relative to yesterday.

If you check that out, yeah it's down the most compared to like the uh compared to the spy and to the nasdaq, so let's go back to the spy. So right now the one thing that the one thing that y'all should be paying close attention to is for the breakdown we are still in bearish territory. The market. Well, the next candle on the four hours about to open in like 10 seconds right.

So the next candle is gon na be right over here now the main question is: will this be the one that takes us right underneath right and that gets us ready for the weekend? If it does and if it closed in this region, then you can expect the sell-off to continue on on monday and maybe also on tuesday, but if it doesn't, then we're just gon na consolidate and the market is just gon na piss everybody off for, however long The market wants to do so right this right here. Consolidation in this zone is not good for anybody. Nobody wins which is unfortunate, but the market just needs to make a decision really really quickly. Now, let's talk about the first stock that y'all should keep on your watch list, the first one that we're going to address that one is amd.

All right now amd got beaten down for quite some time, but but there is something on the i think, the 15 minute yeah there is this bearish rectangle on the 15 minute it's right over here, it's right on the chart and it broke down yesterday and right Now the stock is about to open up at exactly 100 worst case scenario. We see like a little bit of volume in the morning to like 103, maybe even to retest that level at 107, like the absolute worst case scenario for shorts, i mean, and then we see this thing falling down either on that day or into the next week. All right, um, i'm not bullish on the overall market, not yet at least the market is still very, very sus. So it's very important that you that you look for individual opportunities and not be too greedy when a stock is going in your favor on a trade.

All right, so this is like the worst case scenario. The best case scenario is that it just falls all the way down to like 90.. So that's my very honest opinion on amd and why you should keep it on your watch this for today. I'm also going to be answering, let's see another sock.

Another sock that we have to address is you know, that's like a snow. The second slide you have to keep on your watches for today is snow, and the reason why i want to share snow with y'all is because it also broke below this floor right here right over here and pre-market. It's not doing too well like it's really really. It's not doing too well it's at 244, and i think this thing has tendency to just like fall out the gates.

So we may see we may see snow continue to go down and finish off this downtrend, which started over here. The downtrend started right up here. All right, so, in order to just finish that off this thing is just going to trickle down and go maybe to 20 to 225 all right and then on monday we may see it go down further to like 200. This is not.

The trend is not bullish. At all, it's still bearish and it's still every time it opens higher. As you can see on these candles which started over here, it opens higher, we fall off, it opens higher. We fall off right now, it's about to open up at the same price, and it might just take out the gates like today today might be the day, so definitely watch snow for a move to the downside, all right now, the last one that you should keep On your watches, for today that stock is uh etsy, which we have discussed yesterday.

All right and let's see the pattern on here - is only one hour, so the one hour is quite clean. It opened up lower, which is good for shorts, and i think that it's going to just fall out. It's just going to immediately head towards the 135 dollars so far so far it looks good so far. It looks good for a drop.

So definitely keep this one. On your watches, let's see what levels could be uh yeah 120 around this region, yeah around this region. That is, that is where i would expect a bounce and a break of trends. So that's my honest thoughts on that one.

Now, let's talk about you guys stocks of interest, the first one that we're going to address is is actually j. J. Alright, now j and j had phenomenal earnings and it's been up trending ever since, and right now right now, where is the stock going to go? There's resistance at like 174 dollars, which i don't think is gon na get fast. I think that it may it may try to go for it and try to get there, but it will get rejected again because of the market conditions that we're currently in all right and there's also a gap below 168, which which wouldn't surprise me if we just Dropped to fill it first before attempting to move up so a drop over here to 168, alright and then consolidation and then and then a move up to retest the previous house, because this stock tends to do whatever it wants to do and not what the market Is doing it's just doing its own thing? So that's, i guess, that's a plus for those of y'all who are looking to put your your money in something that doesn't move so much all right.

So that's my thoughts upon that one, the last stock that we're going to address the last sector, i would say, is bank of america alright and banks right now are looking like they want to tip over to the downside. There was that previous level that got rejected. Well, it didn't even quite make it it almost made it, but it started falling away before that and right now it's just looking pretty weak. If you go on the four hour very nice bearish guys it's it's bearish.

I think we might head to 44 dollars either. Today or on monday, i think i think so definitely keep your eyes on the banks as well, for a move to the downside, and that is the end of the video. Yet do not forget to annihilate the like button for the youtube algorithm. As always, they have channel a lot.

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You have verb straight patterns and patterns only and i will see all of you in the next video you.