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Tech stocks are bouncing. Bitcoin’s ripping again. I’m seeing a bunch of potential short squeezes...
It’s a busy day in the market!
Here’s what’s going on today…
Does Second Sight Medical Products Inc. (NASDAQ: EYES) have room to keep squeezing for a third day? As of the Pre-Market Prep session, it looked promising — but remember, things can change fast in the market.
I talk about how I’ll be watching the VWAP action all day long … and which traders I think should avoid this one!
Does Auris Medical Holding Ltd. (NASDAQ: EARS) always move with EYES? No, I’m not joking. It often does. Nonetheless, I discuss why I’d rather focus on EYES.
Remember: when playing the stock market, you’ve gotta read the room. On any other day, I might be more interested in AnPac Bio-Medical Science Co Ltd. (NASDAQ: ANPC) … It’s a low floater and it has cancer-related news...
But with all eyes on EYES, it might not be the right time to get aggressive on a play like this. Ditto with Invo Bioscience Inc. (NASDAQ: INVO).
I say this because it was a similar situation with OpGen Inc. (NASDAQ: OPGN) yesterday — it had some good moves, but it was clear that most people were focused on EYES.
If Bitcoin’s back, what does that mean for its buddies Riot Blockchain Inc. (NASDAQ: RIOT) and Marathon Digital Holdings Inc. (NASDAQ: MARA)? I talk about why I don’t trust plays like this early in the day and why I favor the “boring old man play” — waiting and watching into the afternoon for confirmation on any early moves.
MBIA Inc. (NYSE: MBI) had a nice gap-up early. The problem? Not enough volume. I talk about why this is a deal-breaker for me … Same story with plays like Genius Brands International Inc. (NASDAQ: GNUS).
A lot of people are still curious about Vectors Social Sentiment ETF (NYSE: BUZZ), an STT weekly watchlist pick. I talk about why my thesis remains unchanged.
Finally, GameStop Corp. (NYSE: GME) is back in play … Find out why I think this apparently unstoppable meme stock is still watching.
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By Stock Chat

where the coffee is hot and so is the chat

9 thoughts on “Pre market prep- stock market 03/09/2021”
  1. Avataaar/Circle Created with python_avatars Dennis Kearney says:

    Are you playing in traffic wearing your shorts and closing your eyes

  2. Avataaar/Circle Created with python_avatars Julio Corona says:

    Coo thankyou again an you look happy to me. Have a good one tim an please keep it up see you in tomorrow's video. Always be blessed

  3. Avataaar/Circle Created with python_avatars The Journey says:

    Hey Tim gotta throw a big thanks your way I was decent at trading but thanks to you ive made a profit of 3400 already this week.

  4. Avataaar/Circle Created with python_avatars ItsCDoc says:

    0 outta 7 so far following your advice thank god I have good fundamentals in cutting losses quickly because if I was a blind trader that didn’t know anything I probably would be down much worse because of your “advice” not saying it’s your fault I’m just saying your trying to help people and you have only made my trading worse I bought your book and still nothing I know your the type of person to just ignore me because you think I’m a troll or something but I’m not understanding what I’m doing wrong because it has to be me considering you never come out and admit to being wrong maybe you want me to give you more money for you to treat me like a human being and give me the time of day for a few questions

  5. Avataaar/Circle Created with python_avatars r holbrook says:

    What e-book does he keep referring to?

  6. Avataaar/Circle Created with python_avatars Guillermo Del Vescovo says:

    Thanks Tim again!

  7. Avataaar/Circle Created with python_avatars Richard Rickett says:

    Awesome premarket prep Tim

  8. Avataaar/Circle Created with python_avatars David Smith says:

    Good morning Tim

  9. Avataaar/Circle Created with python_avatars ♡Loveio☆ says:

    Why do eyes and ears move together? Only the nose knows

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