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Is the world ending? Is the market crashing?
Here’s my official answer: Who cares?
For one, it’s hard to make that kind of assessment based on just a few days’ worth of data.
But more importantly, it doesn’t matter if the market is crashing because there are always trading opportunities out there.
It’s just a matter of adapting.
Here’s what’s going on today…
I’ve talked a lot about Super League Gaming, Inc. (NASDAQ: SLGG) this week. That’s because there’s a lot to learn from its recent price action. In today’s session, I talk about why traders should look at what happened with SLGG yesterday (Thursday, March 4) because it’s a pattern I see all the time.
It was a recent spiker. It had crazy float rotation. It was breaking both the previous day’s highs and 52-week highs. And it’s in a hot sector.
Study it. Learn from it. Be prepared!
Along those lines, Allied Esports Entertainment Inc (NASDAQ: AESE) is a sympathy play to SLGG. It just had a buyout offer from Bally's Corp. (NYSE: BALY). I talk about how I’d approach this kind of play…
I also circle back to the Dave Portnoy-affiliated VanEck Vectors Social Sentiment ETF (NYSE: BUZZ). It’s exciting, but remember ... When a new security hits the market, whether it’s an IPO or ETF, there’s no data to evaluate at first. I talk about why I like to wait for a pattern to set up…
For the mushy middle section of today’s Pre-Market Prep, I offer commentary on a variety of charts ranging from alarmingly choppy to truly disgusting — including but not limited to CLPS Inc. (NASDAQ: CLPS), Second Sight Medical Products Inc. (NASDAQ: EYES), X T L Biopharmaceuticals Ltd (NASDAQ: XTLB), Ring Energy Inc (NYSEAMERICAN: REI), and Ideanomics Inc. (NASDAQ: IDEX)...
I know most followers just want hot picks. But sometimes it’s worth looking at not-so-hot plays, too. It can help you learn what to avoid, or at the very least what to be wary of when approaching these types of charts...
Waitr Holdings Inc (NASDAQ: WTRH) is a meal-prep play that had some massive spikes last year. It’s been pretty quiet since last July...
But now, it’s branching out into the weed sector. I talk about why I love it when sketchy penny stocks chase hot sectors. Catalysts like this can lead to great day trade opportunities...
Guns! Smith & Wesson Brands Inc. (NASDAQ: SWBI) may not have volume, and it’s not the lowest-float stock. But it is gun related and an earnings winner. Could it be a potential breakout in the coming weeks?
🔴 Subscribe for more free Stock Trading tips: YouTube.com/StocksToTrade
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✅ Links we mention and recommend:
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🔴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
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#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.
🔴 Try StocksToTrade for $7: https://stockstotrade.com/14daytrial/
Is the world ending? Is the market crashing?
Here’s my official answer: Who cares?
For one, it’s hard to make that kind of assessment based on just a few days’ worth of data.
But more importantly, it doesn’t matter if the market is crashing because there are always trading opportunities out there.
It’s just a matter of adapting.
Here’s what’s going on today…
I’ve talked a lot about Super League Gaming, Inc. (NASDAQ: SLGG) this week. That’s because there’s a lot to learn from its recent price action. In today’s session, I talk about why traders should look at what happened with SLGG yesterday (Thursday, March 4) because it’s a pattern I see all the time.
It was a recent spiker. It had crazy float rotation. It was breaking both the previous day’s highs and 52-week highs. And it’s in a hot sector.
Study it. Learn from it. Be prepared!
Along those lines, Allied Esports Entertainment Inc (NASDAQ: AESE) is a sympathy play to SLGG. It just had a buyout offer from Bally's Corp. (NYSE: BALY). I talk about how I’d approach this kind of play…
I also circle back to the Dave Portnoy-affiliated VanEck Vectors Social Sentiment ETF (NYSE: BUZZ). It’s exciting, but remember ... When a new security hits the market, whether it’s an IPO or ETF, there’s no data to evaluate at first. I talk about why I like to wait for a pattern to set up…
For the mushy middle section of today’s Pre-Market Prep, I offer commentary on a variety of charts ranging from alarmingly choppy to truly disgusting — including but not limited to CLPS Inc. (NASDAQ: CLPS), Second Sight Medical Products Inc. (NASDAQ: EYES), X T L Biopharmaceuticals Ltd (NASDAQ: XTLB), Ring Energy Inc (NYSEAMERICAN: REI), and Ideanomics Inc. (NASDAQ: IDEX)...
I know most followers just want hot picks. But sometimes it’s worth looking at not-so-hot plays, too. It can help you learn what to avoid, or at the very least what to be wary of when approaching these types of charts...
Waitr Holdings Inc (NASDAQ: WTRH) is a meal-prep play that had some massive spikes last year. It’s been pretty quiet since last July...
But now, it’s branching out into the weed sector. I talk about why I love it when sketchy penny stocks chase hot sectors. Catalysts like this can lead to great day trade opportunities...
Guns! Smith & Wesson Brands Inc. (NASDAQ: SWBI) may not have volume, and it’s not the lowest-float stock. But it is gun related and an earnings winner. Could it be a potential breakout in the coming weeks?
🔴 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.
I accidentally made $25,500 on EYES yesterday while paper trading on STT, thought my internet connection was crap, pressed SELL 6 times at its peak, took 5 mins to work out what I did and bought back at its low. I learnt to short sell HAHAHA
didnt give EYES the proper look down Tim :dddddddD
EYES was it though!
XTLB the stock will be your little flicker of hope that always glows as it grows and grows and grows fire 🔥 🕯️
Might break 20m volume an not be done trading forever lol
Thanks again Tim for the help understanding the market.
Enjoy your weekend 🙂
Any chance you could invest a few bucks in a decent microphone? You sound like a chipmunk at the bottom of a hollowed out tree.
Eyes is the biggest gainer of the day and Tim was taking a massive poop on them
The rich stay rich by investing and investing without stopping then the poor stay poor by spending like the
Rich but yet not investing like the rich
Great pre-market prep once again, thank you Tim, have great day and weekend.
Great educational video and thanks for sharing this with me
These are outstanding. You do a great job Tim!
Was eying this stock yesterday after your video, no catalyst but say I said to myself if I would trade this I would of got in at 6.15., just watching and learning for now