Welcome back everyone, lee training with stocks trade tim bone here today, we're going to be talking about a lot of breaking news. That's going on in the market. We are in a very very news, driven market and uh, going to talk about three ideas from the daily accelerator. That's that newsletter you get access to if you're in stocks of trade advisory check out stocks, trade advisory, i'm live every morning.

8. 30. Eastern, if you remember pre-market prep that i did for like two and a half years, i'm still there, it's called stock straight advisory, it's just over on the stocks trade website, instead of youtube check it out. Let's get started, skye h, um, great uh man.

I i always like how i spell things wrong great weekend: watch great squeezer, okay, which i spelled squeeze or wrong, but hey i'm in a hurry. Remember: pre-market prep stock straight advisor, very rapid fire, but let's talk about sky h from the weekend watch list. So this thing very dubious, most likely manipulated and pumped stock. Let me go back to friday and why this was on the radar um right here, so this stock broke that multi-month, uh or multi-week area at eight terrible, terrible stock.

But look at this past history of running okay. This is what we look for. You go back to last jesus exactly a year ago now, well, not exactly but february february. This thing goes from 8 to 40., now highly unlikely, it's going to replicate that move, but this is what we look for for the former runners.

So when i'm doing the weekend, watch list on friday would have been the 22nd and i'm like hey. What's going on with this thing, you know: gapping up broke this multi-month level of eight, that's intriguing to me. I go to the multi-month chart and i'm like wait a minute last time this thing broke. It really ran.

So that's why it was that area of interest for uh monday morning. So let me grab this real, quick and show you on the whiteboard. This is something i like to do to kind of really break that down and um. Let me get there got ta grab the old stylus, so you can see how that level's in play.

So then, the day, i'm speaking, oh, you know this is friday. This is the day that i'm running the weekend scan to send out that weekend. Watch list. You can go also go to stockstreet.comwatchlist, so then we get i'm going to change my color here to denote the week open.

So now, that's that weak open. We look for and a lot of people misunderstand this when i say week open i'm saying w-e-a-k week, price action. I know it can be confusing a lot of people think w-e-e-k and they're, like looking at the weekly chart, which i get that that makes sense. But if you hear me say weak open, i'm just saying weak price action.

You know low volume, trickling lower okay. What that does is that attracts those short sellers? So we get that week open then a reclaim of that eight level which has so much going on, even though i missed eight uh so much going on there. So not only is it a break of the blue line, it's a multi-month breakout. It's a reclaim of the previous day's squeeze level right there and it's also a weak open red to green.

So so many price levels corresponding there and you can see it proceeded to go to a high of roughly 11.. Then it closed ugly - and this is what's funny enough - it became a gap and go on on tuesday. So the funny thing is, i mean, even if you missed it on monday, if this was on your watch list, you had a great gap and go even all the way through onto tuesday so use. The watch list definitely take advantage of those and understand those key levels.

Next, one is v-e-r-u another weak, open, ready, green. That was on the newsletter uh from from today, okay recapping and the funny thing is here we go. This is a great example of a stock that you'll hear me say hanging around hanging around okay. Again, if you were on stocks of trade advisor you remember day, one listen, i'm not afraid to admit when i whiff okay, everybody gets stuff wrong.

I remember day one 4 11 uh april 11th. The eru had some very dubious covid related news and, and you know for quite some time since we've had the vaccine, you know going back six eight months now. The covet penny stocks really haven't run. Okay, they haven't gone anywhere and this is the beauty of price action.

Okay, so i was wrong the morning of the 11th. I was like. I don't like this thing again. You can go to the archive.

If you are a member of stocks, trade, uh advisory, you can go back to the 11th and and bring it up. Watch the video i didn't like it now. I was proven wrong price, always wins. Okay, only price matter.

The market is always right. Okay, you can't argue with mr market all of these things, so then what i recognized since then shorts were thinking the same thing i was okay, which is creates these epic squeezes. Okay, shorts were dubious, shorts piled in next thing. You know two days later.

This thing goes to 17., so, even if you were wrong on day one when it went from, you know four to 11 there's plenty of meat left on the bone. Okay, look at this look at this move back here on the 13th okay late dave moved from 12 to 17 and then it even squeezed up the next day. Okay, now, what that creates on money monday week, open red to green, so i'm talking about right here would be the 25th uh which would have been monday morning. This thing opens week reclaims that high date 1170 proceeds to spike three bucks.

A share: hey! Would you like to nail three bucks, a share? Okay, that shows the possibility. Next thing is evok. This thing completely fell apart, but if you read the newsletter, go back to your email again, you've got access to it. We talked about this as a chat pump.

You can see the news right here, evok from breaking news. This says 609 a.m. That's because um, what uh, when we screen capped it, the specific time would have actually been 909 a.m. Eastern time, i won't get don't get me started on time zones there's only one time zone: okay, if you're a stock trader.

Okay, if you trade stocks, there's one time zone, you know which one it is anyway, don't end that don't even get me started on daylight savings time. There should be one time zone. We should all be able to adapt. Okay, if it's new, if it's 12 o'clock, if it's four o'clock where you live, where you spend most of your time, it's four o'clock and it's dark out - maybe it's four o'clock and it's light out: why do we have to play these games? There doesn't need to be games or time zones, it's just a time zone, it's just time.

Okay, again, daylight savings time, even dumb. That being said, 9 09 a.m. I brought every everybody i probably lost like by, like two-thirds of you just closed this videos like. What's this idiot talking about anyway, ev? Okay, we know that we avoid these chat pumps, because what am i gon na say, you know nine out of ten chat pumps fail at the open.

Now we love that lone survivor, okay, that one stock that reclaims the high a day remember the light grays pre-market, the black is the market open. If this thing could have reclaimed the high of the day, the plan is intact. The plan is on the target is initiated and the dip and rip is now valid. What's great about this move, nine out of ten chat pumps fail, you don't get in.

You know you don't get stuck in this thing and now you're, not a bag holder holding all the way down here at 60 cents. Okay, i promise you, i'm probably i guarantee you hundreds. Maybe thousands of traders that blindly follow pumps bought this thing at 909 am at a buck 30 and they're still holding at 63 cents hoping and praying for a bounce understand the dip and rip understand nine out of ten chat. Pumps fail at the open, learn how to actually trade them and have risk management.

Okay, talk about some other interesting news. So again: facebook, boo, nice, um, i'm no fan of facebook, but hey. We need some earnings winners. Okay, we had microsoft last night, you know market's been ugly uh.

Last few last week, or so microsoft, nice bounce on earnings like to see facebook bounce on earnings um. I still really don't see a trade here until it starts to initiate the gap, fill okay, man, i'm throwing up the jargon. Okay, a lot of jargon in this video. I usually try and keep it really basic gap.

The fill okay, all this stuff, i've thrown out included in time zone, stuff check out the steady trade team. Obviously, there's only so much i can do in a 10 minute video, but once this gets to that back up to that 240 level, then you've got a trade idea initiated and you can look to trade that gap to fill um. Another interesting one today and this shows you how news driven the market is: um did a recent video on ltum and and basically bogus press releases well bynd today beyond meat, not a bogus press release but basically a misunderstood press release, and but it shows you, the Power of of how news driven things are and being able to understand how the market is is operating right now, okay, so basically, mcdonald's has had a deal with beyond meat for like quite some time. Some headline comes out that they're going to expand that this stock goes from 36 to 47., which keep in mind.

This is a 2 billion market cap. Okay, this is not like some. You know little penny stock. Okay, basically, you know what what is that, like a 30 move on a 2 billion market cap, that shows you the power of news now.

Ultimately, it was a bad press release. Breaking news reiterated that fact that the deal was nothing new. It was worded kind of vaguely like it was new, even though it wasn't new breaking news was all over it. You know my love of breaking news um, it's one of the most powerful tools out there, especially in this crazy news, driven market, oh and actually speaking of that facebook.

Okay. Another point from today there's too much to go over some days: okay, um this gap down this candle right here, that's a real candle; okay, so earlier in the day it leaked that facebook earnings were were out early and that's a real candle man 177 to 169.. Again, if you're coming from penny stocks, you're, like eight bucks, a share you're talking about a half a trillion dollar market cap stock. Okay, the float is two billion shares.

Eight dollars a share: that's 16 billion dollars of market value. That was erased. You know for 30 seconds, but 16 billion erased in 30 seconds because of a of a bs press release. Okay, so understand how this works and again that's not a bad print.

It actually went that low so anyway would have been an amazing dip buy now that earnings are out so anyway understand the power of news drop me a comment. Let me know if you like these kind of hot takes um i'll, do more of them. If you like them i'll, do more, and i tell you the best hot take in the entire uh stock market stock, education, media business, it's stocks to trade, advisory click that link below super cheap. You get my ebook, you get a weekly watch list.

You get a ton of stuff and live every day. 8 30 eastern check it out.