🔴 Ready to learn more? Check out the SteadyTrade Team: https://stockstotrade.com/steadytrade-team/
🔴 Try StocksToTrade for $7: https://stockstotrade.com/14daytrial/
A little infusion through repetition never hurts. Here’s a reminder of what I look for in potential morning plays:
1. Liquidity
2. Hot sector
3. Float rotation
It’s easy to get caught up in the hype if a stock has good news. But if it doesn’t have those three components, I either move on or wait till the afternoon.
Here’s what’s going on today…
OK, so I bashed Second Sight Medical Products Inc. (NASDAQ: EYES) last Friday morning. Then it turned into a crazy spiker. I can admit that I was wrong!
In fact, the turnaround was so great that it even scored a spot on my Weekly Watchlist.
EYES proves that things can change fast in the market. In today’s session, I talk about adapting my approach to this play and what I’ll be watching for throughout the week...
An Instagram follower asked about Lixte Biotechnology Holdings Inc. (NASDAQ: LIXT). This ticker’s a perfect example of why traders should have a checklist of criteria for every potential trade.
LIXT has some good news, but as of the premarket, only traded 3K shares. That’s definitely not the kind of volume I like to see in a potential play. Of course, things can change as the day progresses…
Today’s session features my personal rapid-fire rejection of other potential morning plays like Sos Ltd. (NYSE: SOS), Plug Power Inc. (NASDAQ: PLUG), and Sorrento Therapeutics Inc. (NASDAQ: SRNE). I’m not saying they’ll never be good trades. But without that combo of liquidity, hot sector, and float rotation, I’m just not interested...
Anchiano Therapeutics Ltd. (NASDAQ: ANCN), on the other hand, interests me. As of the Pre-Market Prep session, I was looking at this low float stock with news as a potential dip and rip. Then again, it could be worth watching into the afternoon...
A lot of followers are curious about another Weekly Watchlist pick — Dave Portnoy-affiliated VanEck Vectors Social Sentiment ETF (NYSE: BUZZ) … Check out the full session to learn my stance on its potential to run...
Will meme stocks ever die? GameStop Corp. (NYSE: GME) was up this morning and actually had some decent news. If it runs, could other Reddit pumps like AMC Entertainment Holdings Inc (NYSE: AMC) and UWM Holdings Corp. (NYSE: UWMC) run too?
🔴 Subscribe for more free Stock Trading tips: YouTube.com/StocksToTrade

👉Share this video with a fellow Trader:
✅ Links we mention and recommend:
🔴Try StocksToTrade for $7: https://stockstotrade.com/14daytrial/
🔴Get our FREE weekly watchlist here: https://stockstotrade.com/watchlist
🔴Traders Blueprint Free Guide: https://stockstotrade.com/traders-blueprint/

✅ Recommended video:
✅ Recommended playlists:
🔴SteadyTrade Podcast: http://bit.ly/2SXbrv7
🔴Stock Trading 101: A Day Trader's Guide: http://bit.ly/2sqs1ZZ
🔴Advanced Stock Trading Tips: http://bit.ly/3a32pTM
🔴Trader Spotlight with Tim Bohen: http://bit.ly/36TTzG3
🔴StocksToTrade Software Tips and Tricks: http://bit.ly/375GSry
🔴Weekly Trading Recap Videos: http://bit.ly/3a32uXA
🔴Charts and Patterns: http://bit.ly/2uj2KBO

✅ Follow StocksToTrade on social media:
Instagram: https://www.instagram.com/stockstotrade/
Facebook: https://www.facebook.com/StocksToTrade/
Twitter: https://twitter.com/StocksToTrade


#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.

By Stock Chat

where the coffee is hot and so is the chat

9 thoughts on “Pre market prep- stock market 03/08/2021”
  1. Avataaar/Circle Created with python_avatars Tertia Robbins says:

    Thank you Tim Bohen!!!

  2. Avataaar/Circle Created with python_avatars Rey Montemayor Jr., PhL says:

    Thanks for all the tips, Tim!
    Today I tried to ride the rip on ANCN and seconds after setting my trailing stop as you always recommend, I quickly got filled! I then missed the real rip after that. Though I didn't make any money, it felt good to lose just a penny! I bought in at $5.47 and my trailing stop loss I set at 3% loss got me out selling at $5.46. Maybe I did make a little money because I didn't lose 3% of my position!
    Not sure if I'm allowed to go back into the same stock after missing a rip. What's with the wash sales? Do they count against the Patter Day Trader limit of 4 per week?
    I'm also holding back for PDT but since I don't have a margin account (not 100% sure what that is. Is it like a line of credit with your broker?), am I actually exempt from that rule. I don't want to test it just to see what happens; I don't want to be prohibited from trading for 90 days.
    All I know is that I have $270 in my account to trade as I'm starting to think and swim to later surf the charts, but rather up on the long. Not ready to go down on shorting.
    Any guidance and tips appreciated!
    Blessings, Tim!

  3. Avataaar/Circle Created with python_avatars Mishka 🇦🇺 says:

    Thanks Tim

  4. Avataaar/Circle Created with python_avatars Seth W says:

    Do not ever get stocks to trade software. My platform would not load I called 3 times and waited on the line 10 min jus to be hung up on. They finally answered my second email two days later. I’m pretty sure they only have one tech support cause the same guy answers both my emails. Horrible customer service and diagnostic of what’s going on. Was not in a hurry AT ALL to fix the problem. Still is not fixed. They aren’t working on the weekends even though traders need this software to trade on the weekdays. I’ve been without a platform for over 5 days now and nobody gives a shit. Please please don’t ever use this software

  5. Avataaar/Circle Created with python_avatars C. P says:

    Thanks Tim

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

    Thankyou thankyou an as always just keep doing what you're doing don't worry about the tickers, thankyou for all the details. Be blessed an success.

  7. Avataaar/Circle Created with python_avatars Sifu Investments says:

    I keep trying to sing up for the weekend watch list but it never sends me it any help?

  8. Avataaar/Circle Created with python_avatars Anthony L says:

    Hey Tim, thoughts on BGI? Been watching it for over a week and it seems to keep going up with no fundamental catalyst

  9. Avataaar/Circle Created with python_avatars G R says:

    Thanks Tim! Have a great profitable week!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.