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So all right welcome back everyone. I do need to check something real quick remember. Last week i had some wackiness on youtube but looks like it's working. Okay, cool! All right! Sorry about that! Again, if you remember last week, um, i don't know the my streaming wouldn't connect to uh youtube for some reason.

All right welcome back new week, um, listen right off the bat. I know what everyone's gon na want to talk about and i hate to burst your bubble. Um, listen, elon, buying twitter rumors. The deal is done.

I think that's incredible. I think it is awesome. It's exciting to me from uh. You know from a a so many different standpoints: okay, freedom of speech, society.

Okay, i mean, i think, it's an amazing thing that that it sounds like the deal is done, but listen from a trading perspective. Okay trading perspective, there's there's no edge here. Okay, i get it you're you're you're sitting here and you're like well, wait the buyout's at 54.20, it's trading at 51.20. Why wouldn't i buy it? I get that.

But all you know right now is there's rumors it may close. Today. Okay, i mean here's. The thing i mean he could elan can still walk.

The board could still turn him down and i mean if elon walks, if he's like, i'm done with this, i'm gon na go back to building the most amazing cars and saving the world with with green energy and and and rockets. I'm done man, you don't want to be holding twitter, okay and vice versa. You might be like you if, if you're shorting it well, what if the deal, what if the deal does go through, which i think it will so my opinion is today, just i mean, listen if you wan na, if you want a 50 50 bet, just go To the casino you know or or bet on a i don't know, i'm sure, there's a baseball game. Tonight i mean there's a baseball game or there's a basketball game or something just bet on.

You know whoever, okay in a baseball game, 50. 50 chance. Okay, that's my opinion on twitter. Do what you want! You're free, hey man.

You know, but i just think as much as i want the deal to go through, it could still fall apart and and again this thing walks and elon's, like i'm gon na dump. My shares, oh my god. This thing probably goes to 20 bucks today or something okay so find edges. Okay, we look for edges in crappy, penny stocks based on key levels, etc, etc.

All right, i will move on edison asked about spfm. Oh, what do we got here? Hey spfm old friend, um, let's uh, let's break this down. Let me do this twitter no edge in my opinion and what's up with sbfm sbfm uh recent former runner and i'm assuming we got a press release. Nice 8 am press release.

We love that um file the patent, but i mean listen. It's mrna! It's a low float stock, so i mean listen. How do i rate this news? I don't know a one out of ten. They filed an application.

Okay, but low float. Recent runner standard dip and rip side setup, so um news very meh, but it does have buzzwords and it's money monday um this is uh. I mean i don't want to call this like a a textbook dip and rip, but it's, but it checks a lot of the boxes. What's that mean let it set the high end.
Pre ideally pulls at the open and then breaks that high a day midday late day. What do you think about ruby? What's ruby, no volume? So yeah i mean listen. Sorry, i might need to see i might need to seek out some counseling after looking at this chart of ruby, wow um no volume, and this thing looks like it's going to zero. So no offense, sorry, you can't unsee something like that.

It's like a horror movie. Man nktx natural killer cell programs, whoa that sounds cool. The two lead engineered natural killer cell program to treat cancer. It's a pretty cool name, so cancer news, um, uh cancer, news, kinda low, float good volume monday morning, pr um.

Let's look at the chart. Um man multi-month breakout, so it's a breakout over basically all year so year to date. Breakout, what's oracle got to say about this guy 14 resistance. It broke that oh man, it listen from an oracle standpoint.

You can see that that the current major pivot point is 1393.. I would call that 14. In my mind, it would be nice to see this thing. Settle down.

Um doesn't look like it. You know, nktx has no chill um. Listen it's early, it's 8. 37.

Am i would love love love to let's uh, let's, let's break this down and where's my pen. Obviously, we can't predict the future, but what i'd like to see on nktx is just kind of this um that 14 level um and then maybe even a little bit of a dip at the open and then reclaim that 14. And then maybe we got a risk. Like uh, let me check oracle again.

It doesn't look like it's getting, doesn't look like it's gon na cooperate but um, maybe a risk down in those low 13s uh man, this thing's, ripping, though so, and then a goal you know high teens. So it doesn't look like nktx is gon na slow down, but we got you know 45 minutes to the open. Maybe it will so um nktx ideally chills a little and then we attack whole dollar. Half dollar areas short squeeze.

I don't know about that. I mean rdbx has been hanging around unless it's moving. Is it moving now yeah yeah, i mean yeah. This is it listen.

Rdbx is quote unquote hanging around, but i don't you know i don't my age or a al-aj. I mean this is what i would do set an alert at 350., otherwise ignore it so rdbx not dead yet, but this i will say this: if this was gon na squeeze, it should have done it last week, classic example: just you know hey, let's let the Alert do the job so uh sidonia, that's about v-e-r-u, uh, v-r-u, again hanging around um press. Okay, let's break this one down um another recent fave like spfm. Still hanging around i mean weeks later.

8 am pr no volume, though so as much as i like veru. I'm not encouraged by a hundred thousand shares traded and it's covered. You know, and i said that a month ago i mean those of you that are here every day. Listen i remember day one on veru.
I was dead wrong uh day. One um would have been what uh march 8 or april 8th. I was like yeah kovid, nobody cares and then it became the best stock of the day, so i'm still leaning towards not getting that excited about kovid's stuff. So i'd say afternoon abcd's, you know so.

Um dogs - i don't know you know, i get the attraction. I know a lot of people shorted that drop um. You know it's like you know. Every big mouth short seller on twitter was like.

Oh i'm, so smart. You know they shorted dogs on friday, um yeah. I don't know i mean it's like i won't. I won't go into the rant, so i mean i just i mean look at look at how here's the thing as much as i would like to know what they saw other than just making stuff up for twitter.

You know to get some likes. Oh look, look someone clicked on the little heart button. Three times, i'm validated! You know my parents hated me. Dad was never around.

Mom dropped me on my head like four times, but look two people liked my tweet about how i was so: smart, shorting dogs, i'm validated anyway, um. Listen, you got two death drops in the last couple months, man, so many baggies. You know, i mean think of the bag holders that were created in these two death drops. So i don't see anything hey, that's my opinion.

I mean you see what i mean right. Think of all the people that got trapped in this death drop, then they held for three months and they get stuck in another death drop. I mean like who's buying who's buying dogs. That's my point! So um brqs i'd look at what would this be thursday's highs? So um dogs, too many baggies in my opinion, brqs keeps on running over 39.

is halliburton still in play. Yeah i mean listen. I know halliburton has been pulling back after earnings. You know you got to stick to your plan.

You got to stick to your stop, but listen and remember we don't talk politics, we don't talk politics, we don't talk politics, but listen. Ukraine is asking for like 8 billion a month, you know we're gon na give it to them. You know again this ain't politics. Okay, this is we.

We talk reality here, all right, they're asking for like eight nine billion a month, you know we're gon na give it to them, and you know who's gon na get all that money. Oh dick cheney's, favorite infrastructure play halliburton. Okay, so longer i mean bigger picture longer term idea: okay, listen, halliburton, isn't rebuilding any infrastructure. Today the war is still going on.

Okay, so remember this is a longer term idea, but i mean it's it's just it's a rack. 2.0! No bit, there's gon na! Be no bid contracts going to halliburton going to all these infrastructure plays just like happened in iraq 20 years ago. So anyway, and that's not political, that's reality write that down. Okay, that's reality.
My friends, lgbn weak, open red to green needs, more volume, but another great example of a stock just hanging around so um, lgbn ward, all right! What's my number one, probably nk! Ah man mktx zero chill! Well, it's probably still my number one man i just was hoping it would calm down a little bit. So i would say this as of right now. This is my number one check out the steady trade team. You know the beauty is: i'm live at 9am for 45 minutes an hour roughly breaking this one down so but uh it's a moving target.

You know because it you know again, you remember the whiteboard. I was hoping this would calm down a little bit. It refuses to calm down so, but we got all day all right. My friends have an amazing day and uh check out the steady trade team.

Otherwise i will see y'all tomorrow and that's the old music right yeah. I was doing the no that's that i was thinking. I was doing the old music. You.


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One thought on “Pre market prep- stock market 4/18/2022”
  1. Avataaar/Circle Created with python_avatars Cristi Wamsley says:

    Thanks Tim as always
    Happy Money Monday 😉

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