I’ve been a little philosophical the past few days … I admit, the recent pervasive market panic has caused me to wander off into the weeds of my own inner thoughts.
Thanks for sticking with me!
Hopefully, I helped you disassociate from the toxic energy from the past few days. I want you to remember there are always opportunities out there.
Here’s what I’m watching today…
No change here ... Peloton Interactive Inc. (NASDAQ: PTON) remains my #1 swing trade watch. In today’s session, I offer a sneak peek of the breakdown I created for my SteadyTrade Team members the other day.
It details my full plan for a potential trade — looking for a $90 break with risk around $85 and a goal around $105. It checks all the boxes, and it’s stayed steady for the past few days in a shaky market. Could today be the day ... or maybe next week?
Who are these people who short meme stocks? AMC Entertainment Holdings Inc (NYSE: AMC) was a beautiful play yesterday. I’m loving it over $14, particularly into the afternoon. Could it be the MOAS (mother of all short squeezes)?
How about Plug Power Inc (NASDAQ: PLUG) as a high-priced dip and rip? EV and battery plays appear to be back. As of the premarket, my suggestion was to let it shake out in the morning and look for breaks of $25.
Could it be? Is InnSuites Hospitality Trust (NYSEAMERICAN: IHT) back? I could rant again about people who short stocks like this … But I won’t. But I will say that it could be an amazing fireworks show over $8.50 if shorts get smoked.
I feel like I’ve said this 70 weeks in a row … Low floaters have incredible potential if they squeeze on Friday afternoons.

Fisker Inc. (NYSE: FSR) had some news last night. I think it’s got a good risk to reward level. As of the premarket, I was liking it over $11.75. I explain why I think it could go to $12 or $13.
Looks like Vertex Energy Inc. (NASDAQ: VTNR) lived to survive another day. This is not a low float stock. But it kept grinding higher yesterday. I think it’s because people piled into this oil and gas earnings winner in the premarket.
Here’s my homework for you: find me one good reason why oil and gas plays DON’T have potential in the coming weeks. Seriously — this sector has room to run right now!
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