Most of my Pre-Market Prep followers are interested in short-term trading strategies.
So let me remind you … This is not long-term value investing!
It’s not about trying to guess the top or the bottom.
It’s about reacting … Not anticipating.
And it’s about having a strategy in place and the discipline to be patient and wait for your setup.
Here’s what’s going on today…
Talk about a beautiful red-to-green move! Snap Inc. (NYSE: SNAP), the owner of Snapchat, has been on my Weekly Watchlist several times in recent memory.
I’ve talked about SNAP as a potential swing trade for a long time … I love it as an ‘alternative social media’ play. Now, it’s breaking out to all-time highs. I talk about approaching legitimate company stocks like this…
Sypris Solutions, Inc. (NASDAQ: SYPR) has a one-and-done type of daily chart, which is not ideal. Then again, it’s breaking out. It’s got 11 million float and eight million shares traded in the premarket. There was a government-related press release this morning. There’s potential for a dip and rip here…
An Instagram follower commented that Novo Integrated Sciences, Inc. (NASDAQ: NVOS) is “bubblin’ hot” right now … It was just uplisted to the Nasdaq, and the share price is soaring in the premarket. Not to be a downer, but I don’t think the news warrants this kind of crazy move…
I talked about Solid Biosciences Inc. (NASDAQ: SLDB) last night in the SteadyTrade Team webinar. Some members were asking about it as a potential overnight swing … I’m into the ticker, but have my reservations about longer holds.
I talk about the dangers of holding biotechs overnight — no matter how beautiful the chart. In short-term trading, it’s more about anticipating than reacting!
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*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.
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By Stock Chat

where the coffee is hot and so is the chat

5 thoughts on “Pre market prep- stock market 02/24/2021”
  1. Avataaar/Circle Created with python_avatars Maurice Nickelson says:

    Hey Tim!… I decided to watch this because you wrote this in your email: "In short-term trading, it’s more about anticipating than reacting!  "   Isnt this the opposite of what you say in here.

  2. Avataaar/Circle Created with python_avatars Felix Finance says:

    Stock are good but I swapped and invested in cryptocurrency bitcoin I've been earning much from it

  3. Avataaar/Circle Created with python_avatars Derrick Winston says:

    loVE MY mOrning Trading Lessons…Thanks, Tim!

  4. Avataaar/Circle Created with python_avatars Bracken Robinson says:

    Liked the excitement and incite! Keep bringing the heat!

  5. Avataaar/Circle Created with python_avatars J B CAPTURES says:

    F35

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