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Day Trading For Beginners LIVE STREAM
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DISCLAIMER:
All videos or content posted on this channel regarding stocks, investing, stock trading, money, money, wealth, retirement, or any investment vehicle is entirely for educational purposes only, please do not take any of the information literally, and always speak to a professional/licensed investment specialist for any investment decisions.
Almost almost started talking a mile a minute before uh before i noticed that i was muted, so it's a step up from yesterday folks step up from yesterday so good morning, everybody good morning welcome back sorry about that earlier. We already started the stream, but then had to shut the stream down to restart the stream, because we were streaming at like pretty much. We didn't exist on the internet. It was streaming at such a bad quality, so had to uh pretty much do the same thing.
I've been having to do for the past week and then restart my computer and then somehow it magically works so very interesting, gon na anyways. Yes, so it's just me rambling. My thoughts to you this morning so cheers everybody happy thursday got a cup of joe. We got a cup of coffee, um, things are looking bright, things are looking really bright because when i woke up today, i realized that even with the world's deadliest virus and all the crazy things happening in the world the oxygen i was able to breathe it.
As i normally could the coffee tasted as good as it normally does, my computer was running as shitty as it normally does and we're all still here laughing and having a good time. So, overall, i would say things are looking up. I would say it's, it's all good folks, all good. The only thing.
That's not good is the fact that i'm an idiot - and i took that short trade off of amc yesterday, which would have ended up working. I know i know connor you're, just typically early. You just see things before the rest of the market does, which then leads me to getting into trades before most people do, which then does scare me, because you're in early so anyways there's the short on amc figures but anyways. So the amc short move did end up working.
I was too early figures story of my life um, but anyways. There is something that is working and that is roku. Well, it worked. Yesterday we wanted to see roku end up hitting a high of 378.
It didn't get there yesterday and it did not get there overnight might get there today. Maybe tomorrow we'll see but anyways. The max target for the stretch of this market was supposed to be 378 and then looking for resistance right about 378.. So maybe we can get another four dollars up to the 378 or whatever we'll see, but that should be sort of the resistance marker for right now on roku um, yes, so ar yes, roku is uh still on watch some issues with the tube first world problems.
Green raven, green raven, i would agree every morning i have to go through four of your links to find you live huh, it's odd! So like just out of curiosity, i don't really know because i'm never on well, i mean i guess i am, but i i mean i guess i don't know but like when you go to my channel um and then you just like you look at my channel And then go to like you know the first page when you click our channel when we're live, it doesn't just say: we're live right on the top, so like i'm just out of curiosity for most people. Is that the case that when you just type in the name of the channel click on the channel when we're live, it doesn't just say we're live right on the top i mean typically, i think that's the way it works. I think i even tried looking at my channel, i was live and that was the way it works. So um i think for most it should be like that. Yeah, that's what i was gon na say: yeah, that's what i figured cool yeah! That's what i yeah! That's what i thought: okay, cool um! So that's good news! Obviously, so again we will keep a little bit of an eye on roku today, we're gon na continue watching uh amc. Of course, i'm going to change over our watch list really quickly because well well, we'll delete these, and if we need to re-add them, but in roku it's it's kind of like a soft watch. It's like me. I don't really think it's gon na be crazy.
Great yeah, probably not it would be nice if i didn't have to wake up every single morning, though, and like try to fix my computer, so i can get my computer running properly before we stream that would be nice um. So the stock sprt, a lot of people have been following it. As we mentioned, you know you probably wanted to watch it on the bear side. Market came down some more again.
Don't really think you want to be long biases. I still think this wants to sell downwards. Um there is a gap to fill back up to 30. So it's possible.
You get some random bounce once the gap's filled, but this is something we are going to keep on watch for potential long bias trades, maybe today, but just going forward. You should start watching this a little bit for a counter trend. Long right, it's gone on the long side now we're starting to crash back down into support area. So this is typically where you would start watching the stock more for, like counter trend bouncing so again, sprt on the watch for counter trend, long bounces going forward.
Maybe over like the next week or so one of the most underrated channels appreciate you bud, appreciate you. Thank you. Um! It's up a hundred percent past week. Lgiq i could write.
I want to say: where did that? Go yeah i'll, write, lg iq down, but have yet to see it. Maybe i did see it at some point yesterday, but i am uh, i'm not sure so, we'll take a peek. What was it? L g iq uh on a side note bitcoin and everything is up back to like 50 000, i'm pretty sure. So, that's cool! So again you got bitcoin up at like 50k cryptos are moving up.
Things are going up thumbs up. What's going on with ipha uh uh l carter, thanks uh gord m, what's up my dude? What's up my dude? What's up pstv bbig bg background 50k ada? What are you gon na? Do look at netflix, yeah, um, one second, okay, so i'm just gon na start! Here with these two little requests well, one of which was uh bbig, which was already one that i was planning on going over anyways um. I have yet to really decide of anything. I want to day trade for the time being today, um yeah, so having really many decisions for day trading nor swing trading, pretty much anything this morning, um. Well, i kind of made a plan for amc which we'll talk about uh in a second, but i don't actually think it's gon na happen, but we can talk about it might happen. In a couple days, uh bbig ended up going up hitting this price target selling down, and then we mentioned that the price of 838 to 820 was probably going to be a bounce zone. You will see it comes down to that price later in the day, bounces. So it's probably holding just below resistance this morning.
I would imagine so, let's see if we look at the four, maybe not actually. So if we look at the four hour chart, support for bbig is currently at like 885 or so 884 um yeah. So pretty much the support levels that you want to see hold for bbig or 884 to 866, which is right there so kind of interesting. I kind of feel like we're going to see the market on bvig roll back down towards 885 to 865 um and it's a matter of the markets holding here.
That would force it back up to the long side. So you can see we held here yesterday. We held here start of pre-market after hours um, so i kind of feel like you will see bbig back down to like 887 86 865 and from here it's it's a matter of watching it base and hold. If it can base and hold here, then anybody trying to get the stock to break down on the bare side is going to squeeze out again.
So you pretty much look for a base and a hold around 860s 880s in that zone. That's where you're looking for a base and a hold on that stock, i think granted it is getting a little high. Yes, it is getting slightly high up there, all right, i'm going to pop on over to amc really quickly, because i just want to touch on um the fact that it sucks that i was correct and didn't hold my play. I mean it was just dumb.
I you know it's poised. There was no. There was really no reason to take that trade off yesterday, but anyways um. I don't think that it's just gon na sell off right away out of the gates.
I think it's just it just shouldn't. Do that doesn't really make a whole lot of sense to me? Um we had a big down day yesterday. I don't think it's gon na sell down directly out of the gates. I don't think you're extremely bullish.
You know again. This was the bounce back to highs. Trying to get to break over highs first attempt figured resistance, so it feels if you're going to see pretty much amc move on the long side out of the gates and then try to go back to being bearish. So i imagine there is going to be a bear move on this day down, but after a bullish move up, so we'll see how that all plays out.
But i think you should still be watching amc slightly on the bear side, but only after a long move up on the day, now not positive. If this is going to pull all the way back down to support. But right now the dip support off trend would be 40.26. So part of me was thinking. We get a move on amc that goes up and then sells back off until we get down towards trend which right now is at about 40 33. That's a possibility! So try to decide how this actually wants to move, i'm not entirely sure. For the day we just came off wanting to be bearish. I think there's a counter trend, long, maybe to 45 47 a day and then goes bearish so kind of playing this one.
By year i wouldn't be extremely bullish. Um on the stock, though uh well, i think amc will break past 50. um. I think 50.
Well, that was 48.64 yeah i mean 50 is definitely a doable price to break. Through i mean there's not there's not a ton of resistance at 50, it doesn't seem so yeah. I would see 50 being a very doable price to break through. He won't look at your ticker unless you hit the like button.
Yeah, it's true um. There is uh. There is a computerized bot that tracks who likes the uh likes of stream. So, unless you, unless you click like it, no, i can't take a look at your stock.
I know so good morning, arya good morning. Um is an ascending triangle. I mean. Maybe i mean yes, it's ascending and you have consolidation which yes, it's going to end up.
Wedging, whether it's whatever you want to call it, i really, i really don't even pay attention to patterns all that much when it comes to ascending triangle wedge this i mean because to me it's all the same thing. It's just consolidation wedge up or down. That's it! I really don't try to care too much if it's a flat top or if it's this or that way you know i don't get caught up on that. I more or less just look at the stock and say yes, it's wedging! It's to the side.
It's a pen and it's a flag. It's you know it's just consolidating for the most part, so uh yeah, that's probably what amc is going to end up doing. Um ct yeah for now amc gamestop are really the only ones on the watch list because they're always on the watches, because they're amcm gamestop, but that is going to increase as the day goes on. As of right now, i've looked at a couple things seen a couple things nothing's really impressed me all that much so really just kind of following some of the main ones.
Do you think september would be a red month uh, i i don't know. I really have no idea all right. Give me one. Second, we're going to run through the stocks.
Netflix dkng, mrna, sava chpt met x right now start with netflix uh we're gon na move this to full screen as well. So netflix um is wow. That's actually kind of good netflix. Still in the 500 price can't break, can it yeah it's been trying.
Is that finally gon na be what doesn't hm yeah? I think well definitely looks bullish, but it's probably, i want to say it's most likely to start seeing selling pressure um four hour chart there yeah, i think you got ta, be um all right. The books would tell you that this right, literally, if you looked in the textbooks the textbooks, would just say this just broke resistance. You should be buying, that's what they would say, but in reality i'm gon na say you probably want to be a seller. So i will stick with my analysis and i will say that you're about to run into a pullback on netflix and though it looks like you're breaking out and you broke resistance. You really just broke above previous resistance into more trending resistance and unless you're really lucky, it's probably not going to break out and it more or less will probably end up stopping in the price zone of 585 to 602. So i say you probably want to be slightly bearish, amc or sorry netflix in this area and when i say that it's more or less just the fact that you're entering a selling zone so um, i just think it's good to be taking advantage of that or Not being extremely long bias, so anyways netflix entered selling zone, dkng uh, that's good yeah, so dkng hit our long targets that we mentioned. If you guys remember when it was in this consolidation, we were looking for targets up to the prices of, like 58, had to go through a dip before going up, but eventually hit 58, so dkng overall looks. Okay does have a little bit of a bearish divergence.
Taking place on the four hour chart, so you're, probably getting ready to pull back a little bit. Um yeah, i think you're going to see a little bit of a pullback happening pretty soon on dkng. But if i'm wrong, then you're looking for a breakout over the price of 62.80 mrna um mrna daily chart resistance, 407 4-hour chart dip. Support is down at 381.
I'd stay on the long side, so mrna long bias targeting up to the price of 406. Today, shabba is in a long, biased zone, but does not have long bias characteristics that are going to cause it to pop in the immediate, at least i don't think so. So sava is going to take a little bit of time, but i wouldn't be extremely bearish. I would probably be neutral to accumulating watching on the long side, so nothing too detailed about that.
More just generic bizone chpt charge point old, mick, chargey huh, so mc mccharge uh, you got a break of 24.29, so that's probably where some momentum picked up today. So it's 24.29, then you have that there. So it's probably on it! That's the next breakpoint earnings, cool earnings, uh pretty much on resistance halfway to the next point. So if you're really really lucky and there's a big gigantic, breakout stock goes to twenty seven dollars and eighty cents, twenty seven dollars and eighty cents is actually possible uh today, so right now, you're battling the half, deviation resistance, so pretty much the max long target.
I think i would look for right now would be 27.77 unless i'm wrong, and there was one before that which would be no. There is not so yes, 2777 would be my max long target for right now on chpt, but secondly, you're already kind of in this is a resistance zone, so you're looking to kind of get through this zone once you do your next trending resistance target would be All the way up to 27.70, all right and now over to me, tx met x, down big down very cheap stock now, at 40, something cents a share right on the statistical mean, slash below the statistical mean so kind of on a support bounce. But again, probably not something you're going to want to buy into most likely. You probably just end up leaving me tx alone and really not trying to do a whole lot with it if you're lucky, maybe it bounces back up, fills the gap to 58 cents, but still i probably wouldn't even try to do that myself. Okay, awesome uh, so that just covers one two: that's six stocks, very nice, very nice uh. What am i thinking, sir cifr day trader run september, call um yeah. I think we will touch on the cues and we'll touch on nvidia um sure, obviously in video. Why not just out of curiosity who here in chat, thinks crypto.
Well, i don't say crypto it's pretty broad but for sure, just in general, crypto future or will crypto go to zero, which is funny because you're starting to read articles again where it says crypto's gon na go to zero and so on so forth. Very interesting articles. Coming out of that, so just curious: what do you guys think so we will be looking at the cues um. We went over that.
How do you know you have picked? The right standard deviation lines um well, um, the way you're, probably asking the question is: how do you know you pick the right standard deviation lines to trade off of, as opposed to you know the right ones. The standard deviation lines that you have, though, like they're correct, but picking which one's on the day is probably the way your question is being asked um. How do you know you picked the which right the? How do you know? Which ones are the right ones? On the day, um in a nutshell, you don't um how you get better at that is just from practice. Um, sometimes indicators can help.
Give you an assumption that, basically, what you're asking is the when's the right time to buy and sell a stock or ones? When is a trend, changed and there's multiple different indicators and things that you can use to help you get better at one understanding when something's a buy or a sell, or when the trend has changed. I have countless videos on my channel. I literally just did a whole series on all the indicators we use for that, so i'd highly recommend watching all the videos that say for beginners part one, two, three, four, five, six, seven all the way up through eight that will cover indicators and things that i Use but realistically you don't know for sure i don't know for sure, but one thing i do know is if a stock were to go to right at the stock and, let's just say all 340 of us here are in agreement which, by the way, if my Calculations are correct: there's 342 people watching 141 likes. That means there's about 200 in one people that still have to hit the like button, so anyways. What i will say, though, is if all 342 of us are in agreement and that agreement is stock is going to go to eight. Let's say stock is going to go to a one. At least one of the standard deviation lines that we have mapped out. If it's going to go to at least one well at least we're in agreement there that it goes to at least one well, if it's going to go to at least one, my brain instantly goes well, what's the closest one, what's closest? What's next to it? What's the nearest right, there's a saying in the market stocks take paths of least resistance or things you know just like water.
Water will take a path of you, know, least, resistance in its stream um same kind of concept in the market. But for me it goes so which levels closest. Hence that's going to be the easiest to get to right. So that's what i first do is i always look at what are the closest levels, because i have no idea this thing's going to run 30 dollars a share because if it runs 30 a share, then it's going to go to this one.
This one this one. This one, i have no idea, so i always first just go and look at. What's the easiest thing that i think you can get to, because then that will also let make me look good right. You know for my job and things that i do so.
First thing i do obviously being an educator and someone right, you don't want to look like a complete idiot, so i'm going to look for what i believe is the easiest obtainable target that a stock can get to on a day based on the way i analyze A stock and then only after and then i look at all the other ones ago and we could get here, but first we got to go through here. So i pick a point where i think we can go to and once we've gotten to that point, then that means my analysis is correct. We're doing what i think we're doing and then based on how it progressed to point a that will give me the see. The assumption of are we going to go higher than point a, or are we going to go lower than point a so if stock is meant to go to one or two points in a day, and it trades up to one of them really really strong, then Hey, maybe we're going to go higher or if it sells off to one of the points that i thought it was going to sell down to and it sells off extremely harsher than i thought then hey.
Maybe we're actually going to go further to the downside than this point. So a couple things to think about. I guess you could say if stock, if a stock is consolidating, but the volume is heading down in a triangle. Is that bearish not necessarily no um? Now you know there is something that i'm reading in one of my books that talks about this and i actually forgot.
I can't remember it, but there is a time when they do speak, about volume um like thinning out, and i don't remember it was in consolidation or if it was in it, was in a pattern or if the pattern had to be on the top or the Pattern had to be on the bottom, that i don't remember, but there is. There is a time when volume does matter in that regard. I will say this, though, generally speaking as stocks go up and they do form into a pattern when the volume becomes thinner, it does become less reliable at times now i would say now that's like when it's on a high, so i'm pretty sure that's what i Read in the book, but i can't remember, but i'm pretty positive, that as stocks kind of going to run and they wedge out like at high points and the volume starts to thin out and decrease, then typically you're kind of going into a top. On the flip side, if the stock goes up and then it pulls back and then the volume starts to thin out in that pullback right so um there was a stock that, like literally just did this not too long ago anyways. I can't remember it um, but yeah as the stock pulls back and thins out and volume dissipates. Then you could be looking at a long move, so it does kind of depend on how the market's structured, but when volume completely dries up after down trending moves or pullbacks, then a lot of times it can lead to a long move. So you do have to take note on where the stock is like at you know in its move. So but yes, volume is important.
I guess this way we could wrap that up. Ipha. I haven't seen it this morning, but i'll take oh wow. Sorry, it's on the high day scanner, so one second! Oh! That was way earlier.
No wonder why yeah doesn't he was pretty much pointless yeah, so i pha um. If we're lucky, it becomes awesome. If we're not lucky, then it just ends up being meh. So uh extremely overbought, pretty much the the correct thing would be most likely this to go down but yeah.
So my targets for ipha are back down. To i mean they already hit my targets. I mean it already happened right when the stock was trading up at 12. We would have told you that the retracement targets would have been all the way down to potentially 482 right.
Just like the other day. Remember when we were looking at sprt and we're like hey sprt, you come all the way. Look at there's three lines. You see those three lines, one two: three.
Now, let's go back, look at ipha, one, two: three, that's the retracement move. Now we go look at pre-market. Look what it did it squeezed all the way up, sold all the way back down one two, three bounce literally, it's the same analysis for every it never changes. It's the same thing, every single sock.
It's super systematic right! So if you follow this, and do you do the same thing every single day, every single day, it's a systematic approach, the analysis, the charting it's all, this freaking same every single stock, no matter the price, no matter how big it is, it's the same thing now. Obviously, it's not always the same, but you're pretty much doing the same thing um, so resistance right now in ipha is 580, so your breakout levels would be through 580. um. If you break over 580, then you pretty much are just going off of the intraday trend at that point, so 650, 780 850 et cetera, et cetera et cetera list, goes on um. So that's what i would watch where i watch for a break over like whatever i said: 580 um, that's what you probably want to watch for. Is there news? It doesn't even really look like they have much news if any yeah so do with what you will. I probably will end up doing nothing with it. To be honest.
Ah sorry, i'm reading comments. Tom yeah, i appreciate yeah, i mean there's gon na be more videos coming out on the dividend. Thing um i'll, probably end up doing more videos in the future. That, maybe are a little more edited and entertaining, but at least want to get the content out there for pretty much everybody who regularly views the channel.
So that way, maybe you guys get a jump start on some of that info um, but probably in the future. I'll, maybe do a slightly more edited version, so maybe a little more entertaining, but nonetheless good info strong information. I will probably have another video out on that topic today. Maybe we'll see i can't say for sure, but i think there's going to be another one coming out on dividend investing today, if not it'll, be something else uh, so ace, still kind of finally finalizing in on that, typically by about 9 10 or so 9 15.
I usually finalize in on what i would like to look at for the day um i heard about companies that take crypto out of circulation. I don't know i mean i've heard of some stuff like that. I've never really done a ton of research into it. Um.
Obviously, i could look into it. I mean don't take this in the wrong way. I mean this is just me speaking in a on an opinion thing. It is when i, when i think of that it is kind of funny, because it's like the opposite of what the fed does and everybody like hates that the fed devalues the dollar so the same, control and power that people don't like currently um, it's just based On that comment, and what i've read before it would be funny to see kind of, like do almost do like a polling.
What are people's thoughts on having cryptocurrency coins uh removed from circulation to decrease the supply, because the same control and power that people get mad at currently uh would actually be the same control and power that people would be using just in the opposite manner. So it would be funny to see that um, but no, i i don't know specifically, if that's a good thing and how it all really goes down pro tip from tom fletcher, just trade spy forget all this um tom actually raises a very valid point for most People, it's just significantly easier to trade, the spy in direct indexing. He is uh, he's absolutely right. Thank you tom. So your title says day trading live stream for beginners. It made me not want to click. Well, i've just changed the title day. Trading live stream for everyone, so everyone feels like they have a home here.
Everyone, okay, just kind of finishing going up through some comments here: um wow, sorry, there's so many comments, i'm trying to read as effectively as i can get bbid up up and away to the to the funnel more amc funds. I agree with hard coins increase. Did you miss bbig update, um? Okay, sorry, can we get 700 viewers a day, it's possible, but the only way it's possible if we get the likes up because youtube otherwise is going to be like. I don't know what to do so.
No, it's possible we'll get there, i'm sure we will get there. There is without no doubt in my mind. We can get there all right, we're going to take a quick look at uh, the cues actually before i do that. Give me a second um that could be dangerous hold on folks.
I got ta do something before i really put a wrench in this morning. I'm gon na need a couple minutes. In the meantime, you can look at my beautiful face in hard thought. Deep thought working.
Man face clicking computer keys and mouses very hard. Very i mean i'm just i'm just breaking a sweat just thinking about it. What the hell does that look so dumb? Okay, okay, so about awesome! Oh well, then that means i got ta. Do that really quickly? Almost done almost almost what scanners does he use dino star? If you scroll up, you will see someone by the name of nightbot.
You will see these sends a message. It says: free live scanners every day, yolo. If you click that link, it should nope. It didn't.
Take you to where it was supposed to take you, no wonder why. Probably nobody ever clicks that link stupid link, but anyways that's supposed to be a link that takes you to our youtube page. That then, takes you to show us our scanners, but for some reason that link's broken, which basically makes zero sense, so i'm gon na have to make a new one. So give me one.
Second, i'm fixing this link and then we will be over to look at the nasdaq and the spy okay, but anyways yeah. So the next time that uh little nightbot sends a message. It should take you to our youtube channel other one that has live scanners. Uh.
Take a look at tesla really quickly, one second, there. It goes yes, oh my god such a busy morning. I love when nothing works properly. Every single morning, it's great all right, so tesla uh went up to 7 41..
I don't exactly remember what our recommendation on tesla was yesterday. I think we said tesla long to uh prices of potentially the 749 750., so yeah, it's still the same thing i think tesla was trying to get to the regression level, which is at 7, 49. 750 ish, so i mean we didn't get there. We got fairly close yeah.
I think you still watch tesla up to about 750 right now. I i still think you're looking for tesla to get up to about 750. yeah. Now, in the event that i'm wrong uh, you do have a support level down at uh, 7, 14. So again, if, for whatever reason it didn't go to 750 and like reversed way down, it would end up going down to about 715 and then that's where you would look for maybe a bounce. How many monitors do you need to trade? You don't really need more than two one. You know i thought did i ever look at lg iq. I don't think i did.
I think i just went straight to bbig. So let me just take a quick peek, yeah lg iq kind of a flag breakout max target there 501 already kind of on some resistance, so yeah l, i g g. I q. It's such a light volume trader it's hard to really make sense of it, but you have a support level right now, at 394 need to stay over 394.
If it's a legitimate big breakout, then maybe you look for a target of five bucks right now when you're swing trading, what market cap do you normally look for? I don't. I normally just follow stocks, i think, are at good values and then buy them for the most part. All right so uh give me a second i'm gon na run through um, like i said, i'm gon na be going through the nasdaq the spy really quickly and then we've got a couple more things to cover and then we're gon na really kind of finalize in On the day, so all right so first things here, qqq um. So yesterday i think.
Actually, i don't even know i mean there's so many different things we talked about on a day-to-day basis, but oh yeah, we said resistance, maybe around, like 384, doesn't even matter well. Market definitely took a slump by the end of the day. So i mean that's. That's definitely the market.
There see great example, so remember how we were just kind of talking about. I mean there's still volume there, but you can see. I mean this thing tried to kind of like go up all day, long, just kind of traded, sideways wedged and then the volume was high and then it just kept dropping dropping, dropping, dropping dropping to pretty much nothing and then it just zoomed right down. So the same thing happens on the upside as the downside.
This was a move down and it was trying to go down all day down all day down all day and then couldn't and the volume thinned out. Then people would buy it up, but anyways the queues drop overnight um again. This is a situation where i really i don't really have much to say. I just think you just ho-hum diddly-dumb the market until it falls again.
You know - and that's that's pretty much. The same thing we said you know when the market was going through. Like this phase, we said same thing: just pretty much just wait. Wait wait, wait, wait until we go through a dip and then you take action and then when we went through the dip we mentioned, this was a buy zone and this pullback was a buy and then since then, we've really just said just watch the markets. Long and just kind of just sit and relax so same thing. Um markets are actually getting a little high now um. I think they're still going to try to move on the bull side, but pretty much i'm starting to watch for resistance on the market and the nasdaq around this 387 mark to um i mean yeah, i mean 387 pretty much the zone we're at right. Now i mean anything from 384 to 387.
I think, is an area where we might see the nasdaq kind of start to struggle and pull back uh. Let me check the spy uh. The spy is even easier. The spy is literally just riding the daily.
The daily mean so there again just ride the market, ho-hum did dumb and then, when it pulls back, we look for a dip, buy nothing too crazy to talk about. For the time being, i don't think nope uh yep have have tutorials on all of that. It's done sorry to hear that sean sorry to hear that s-c-o-g is nothing so unless you're talking about sgoc, i think we looked at sgoc yesterday, again slower mover um slightly more bullish than bearish. For the time being, i think you could watch that one actually long bias on the day over the price of 9 19..
Again it's a lower move or more, but like in a swing trading kind of stock. We already covered chpt earlier today, all right, i'm going to take a second kind of run through scanner here, because i want to finalize it on a list of things. Like i said for now it's i mean. We've ran through a couple things, but nothing seems fantastic.
It's not bad, holding okay is this that one stock from the other week that like we were watching? No, i don't think it was um. This gsat, though i mean there is news from like week back about something with apple and now it's moving kind of good. This morning this might have some continued movement anyways interesting, oh baba. I knew it.
I knew you were gon na. Do that i should have known to buy. More of that i was dumb. Probably still goes up, uh.
Any idea. Why weeble won't? Let me cover 14 000 shares of abvc. I bought at 407 trying to cover at 3 20.. So i mean it sounds like maybe you're in a short and so if you're, in a short with 14 000 shares on abvc and you're, trying to cover here at 320, pre-market with no volume - and you have 14 000 shares, then you probably shouldn't be getting filled Again, you're: that's! If you're trying to do this pre-market, then there is no issue with the platform.
The only issue is what you're trying to execute and that's a 14 000 short position pre-market with no volume, not gon na, be easy. You'll have much better success. Just sitting and waiting till the open, it would actually be better for you to try and not cover, because by you trying to cover 14 000 shares. You and yourself are gon na, probably almost squeeze the stock up a little bit, because there's no volume there's no one um selling. So there's no one selling and there's no one gon na, be you know, you're trying to buy back. You need people to sell to buy, so you should just wait and hold off yeah. That's that's the case. Um! Oh plenty of volume.
For this to cover um i mean i mean not really. No. I mean there really isn't it's trading. That's 1.
000. A candle per one minute, that's 1, 000 per one minute. I mean it's really not trading a lot of volume. Yeah you could you'd have to color cover like smaller amounts at a time um you know we might be.
I think that's that's! What we're gon na do too yeah we're gon na keep an eye on uh on this neo. I kind of think nia is gon na try to give us a long play today. I could be wrong. It could be doing those fake holds a lot of increased buying there.
Over the past couple days, strong grind dip squeeze right back up yeah. I think we're going to watch a neo on the long side, so neo is going to be one of the main watches. Today, yeah jared uh, again i get you, i get you you're, not wrong, it's a bunch of and the reason. Why is because, during pre-market you're dealing majority with market makers, if there's not a lot of volume, so there's not a lot of volume on that stock.
So you're mainly dealing with market makers so depending on where you're trying to get a fill um, it's all really. You know you have to be willing. You know the market makers have to be willing to want to take your shares right and, if you're trying to get them at prices that they're just not wanting to get them at. Unless there's a bunch of other people trading the stock, that's going to force the hands of the market makers free market, then they're just not going to give you the fill, maybe where you want it specifically, because again, market makers are always first in the bid.
Ask spread so if your bid was to buy at whatever three dollars and twenty cents but they're first in line and they're at 321, and you know, you're not going to get if it's there's a lot of things that could be playing a factor in that right. Now but i don't i don't say that doesn't have anything to do with the weeble platform, but generally speaking, can be a little harder pre-market yeah over uh over 500 baby. Let's go, that means we have a lot of likes that that need to have need to happen here. So hopefully we can do that weird, so main follow for sure going to be watching some neha in the meantime, what i would like to do is pop over here to weeble.
Let's see, what's going on so weeble very nice across the 33 000 mark. In that account, that's cool that always feels good another little milestone, broken um, so obviously, as cryptos have been coming back up, this account has been doing exceptionally well or better. So it's nice. Almost everything in the account is green or could be green in a second here um as soon as these cryptos here flip to positive. If they do, then most of this portfolio will be in the green. That would be awesome, but anyways so crypto account uh weeble account all good, pretty straightforward. We will have another video coming out on dividend, investing and then in the future. You will see a lot of this turn into not a lot of it, but a good portion of it turn into sort of dividend.
Investing for right now i have cmca hun lmt and kmb, along with amt o stag iipr irm dlr, so i'm pretty set on. I'm pretty much set on my real estate side of things, at least for now, where i'd like my money to be invested within real estate uh within the market. I'm just not entirely sure where i would like to keep my money invested into some of these dividend. Stocks, that's why you can see.
I only have four of them here. There needs to be a lot more of them and more money needs to go in them, so i'm just trying to figure out which ones i want for right now that make the most sense. In different sectors, so haven't fully finalized on that, but when i do you guys will know about it. So, overall weeble, not bad things are looking pretty good but of course those that could always take a turn.
So for the time being, not bad, pretty good. Pretty chevy all right, uh abbv will pop after yesterday. Yes, i could make a video about swing trading. I could that's not.
I will don't get it twisted. I did say i could okay, i will fine, fine, fine, all right, how's, bbig and sprt. Looking again sprt. My analysis is pretty much still the same, and that is down on sprt, but slightly looking for counter trend longs bbig we need to hold.
I don't remember the price, but bbig needs to hold this zone. 884 8685 roku is on watch list, not long. Well, yes long but roku is on watch to hit our long target so already long from yesterday already sold some yesterday and now just holding to see. If we can tag 378, then it's up to well, do we go higher than 378, etc, etc, but for now pretty much we were expecting that this bullish move you saw yesterday and when we say 378, it's not that 378's the target, it's that we're targeting the Next trending trend line, which is at 378, so um, you know it's used as a magnet.
Sometimes they make it perfectly. Sometimes they don't that's why it's always best to understand or well it's always. If you can it's great to understand where the stock is trying to go to before it gets too close so like yesterday, we looked at it. You know when it was at seen it when it was like right around here, 364 were like yeah.
This could move to 378, so we ended up getting long because it still had you know 10 dollars a share or whatever 12 14, a share to go up to 378. It's not like. We were looking at it when it was at 374 and go. We should buy this long trying to get to 378 because we're trying to get to that price, but it's more or less the market's trying to get back to trend so with the market going back up to actually 375 almost, we were only three dollars off of Trend, you know so: we've already made a pretty good move there, so yeah market move projected was back to the statistical mean. The statistical mean is that 377, this or basically 378, so still looking for roku to potentially go to 378. So the reason it's on watch is more or less to see if our analysis from yesterday follows through exactly to a t uh. If not, then we've already, our analysis is already correct by about 85 percent um, so really just watching see. If we finally get up to uh the 378 price, hmm uh, you don't swing much stock connor.
That is, i mean not necessarily i mean i do um. I mean, theoretically, everything in this account is a swing trade to a long-term hold. So that would be, you know, i think, there's 30 there. So, theoretically, these are 30 positions that can be bought and sold at any time.
So yes, and no but um yeah, uh ace, no, not gon na run through the scanner live. We do have a video on that. I just i'm. Just gon na have to kind of go back to the channel.
Just if you, if you go to my channel type in scanner, you'll, probably end up finding it hmm any chance. Pfe sees 50 by end of day friday, probably not! No, no because its first target back up would be to about like 48, so it would most likely see resistance at 48, so no you're, probably not going to get 50. nope you're, probably better off. Well, i mean, i can't say: you're better off selling and but anyways yeah you're you're not going to get up to 50 bucks there most likely oh gsat, to pop over 250..
I think it's weird earlier uh gsat most likely sells down at the open. So if you go long on gsat the open, the price is most likely going to fall down, so you'll be pissed at yourself in about 10 seconds after market open. So if you would like to start today with not being pissed off, then i encourage you to probably not look to be extremely long bias in gsat and then, if gsat ends up ripping out of the gates - and you don't go long on it and then you Get mad at yourself for not going long on. It just know that you're saving yourself for the future, because most often times in a situation like now regarding gsat, it would probably go down at the open.
So don't do that and then gsat to pop over 250. Today i mean yeah, it can, but whether it holds over 250 is another discussion, because right now right now, your bigger target on the day to the upside would be 248. So, theoretically, resistance is at 248 um to 240., so 240 248, where you should maybe look to see if gsat can get to throughout the day, but yeah i have no. I do not know anything about dnn, uh, sorry, uh, but anyways.
I am going to take. What's left in this cup of coffee and go warm it up really quickly! I appreciate you guys tuning in with me here so yeah. I will be right back. Okay, welcome back back online folks, everybody good morning, good morning, good all right, so neo yeah! Let's take a look at that really quickly. Part of me feels like neo is going to shake out to the downside. I really wanted to see it long bias, but part of me just keeps thinking they're going to shake this down so anyways still watching it um. Both long and short in the event um, this has a bearish move today i could see it maybe down to 38, so this is a dip level. So this is the level on the dip side.
I would look to be more long bias off of so. This starts rolling down and it doesn't give you any sort of long bias feel to it then i'd say just kind of watch it bearish and if it just keeps falling to the floor falling to the floor, then it's probably targeting down to about 38 to uh Yeah 38, 20s 38 tons area or something like that now on the upside. The target would probably be up to forty 41.70, 70. yeah 41.80, or so so we will look up to target on the upside 41 80 to 42, which is possible with the way this trend is set up.
Dip support on the day could be at 3820. Oh sorry, sorry guys i apologize. I know i probably made some of you guys yawn. I can't even get a brt coffee mug, but you know um.
There really isn't any bounce thing that i'm thinking of for sprt, it's more or less just that's hot! It's more or less yeah i mean you are watching for a counter trend bounce. I don't know exactly what day or when that's going to take place. I didn't even really think i think it could do it today. I think that if it does it today, it's not going to be as fun of a day as if it went down if it bounced at a later date in time um.
But i guess it doesn't really matter what i think, oh boy, when when is it time to retire? Yet i mean yeah, it really is downtrending. You'd have to be lucky enough to get this to come back up to the price of 28 through 28 and then, if it can get through 28, then you can maybe look for a gap fill up to like 30 39 or something like that. Um yeah. Maybe up to 33 or so, but that would be pretty lucky.
I don't think it's going to happen. I think it continues to sell down myself. I could be wrong. This is that was really odd yeah.
I mean right now you're watching sprc, for if it's a long move you're looking for it to come back up, you know and basically get through 27.90 and then maybe you see it go up to about 31 to 33.. You must need a new mattress um. I don't know i just i'm not too uh, i don't know dude, i feel like i sleep, maybe i don't like. Maybe i am really one of those people that you hear about in the commercials like.
Oh, i wake up like a hundred times a night and i don't get sleep, and so maybe i just think that the way that i feel is how everyone feels, but really how i feel is not how you're supposed to feel, but i just think it's normal Because it's just been like this for so long, i don't know, maybe i'm just gon na being a little a little sally um, but i mean my bed seems comfortable. My dog seems to like it. That's that's. Actually what many have told me iron? Maybe iron levels are low, maybe i'll check that out. Ironically enough, i just started going back to the gym this week. So that's fun, so i've actually slept slightly better but more tired because of that, but still not enough to keep me knocked out throughout the night. Yeah you look shitty connor. I appreciate that tt uh.
I appreciate you boss. You know there's nothing better than than getting a comment like that. No i'm just kidding it didn't really hurt my feelings, but i appreciate you appreciate you tuning in all right. So we're close to market open.
Here we have about four minutes and 37 seconds um. I don't think, there's really much more to do we're gon na watch, roku, neo, amc game, stop! Really it's just amc, gamestop or just combined into one. I'm gon na keep an eye on the scanners. If something pops up that you know, i think, looks decent.
Maybe i'll add it to that watch list um, but i can tell you today's a day where i uh haven't yeah. I'm not don't have a great watch list this morning. That makes me feel extremely excited, so anyways, hmm, no, he typically sleeps in the screen. He does netflix dbig bbig, hey wow.
What do you know? What did bbig do? Is anybody gon na say it for me? So that i don't have to repeat myself - or at least can i get like a round of applause - maybe just a little just dizzy - did bbig like maybe go down and support the level to the exact penny that we suggested over an hour ago. That could be no. No. I didn't do that, not even close just a i'm just a little golf club, that's just what it does.
But again that doesn't mean that the battle has been won. Okay, that it just means that we bounce support, so it so far is doing everything that it needs to do to continue moving bullishly or long bias in the immediate. You do not want to see bbig's price below these two red lines. You wanted to stay above that you wanted to stay above.
Look at what's happening to gsat it's starting to go down weird wow, gsat, really not not liking! That open hop on is chewy too pricey for you um, maybe no chewie's down earnings! Oh, oh, didn't see this one uh. I already went to support kind of missed it. I mean that's typically how the game goes, yeah, so the uh, the market makers, the market they move chewy down in support. You know after hours, during uh, whatever returning sessions down to 76.84 bounced it.
So if you wanted to be long chewy, you should have already been long chewy last night, entry around basically 76.78, that's where support was um. So what are they going to do with this? Today, though, are they going to bounce 70? What i say 70, what 76 78? What time is it? We got 50 seconds. 76. 78.
76. 78. 76. 78 drops to there no debate. Maybe a counter trend bounce back up to about 82 today as possible 83 from chewy, ah yeah, i mean that the only thing on the long side i could suggest of matt like max targets, would be 82 to 83. Support on the day is still the same. 76 72 first day off earnings. Sometimes they can be a challenge to trade, so just be mindful of that.
Ufo crypto i haven't learned for listening to an hour. Um, that's actually probably right. You might not have learned anything for listening for an hour, but i do encourage you to make sure to go back to our videos and through our streams and also just give us a chance. You know make sure to come back tomorrow.
Um and if you wake up on time at eight in the morning, which is when our stream starts, that's probably when you'll learn the most going from 8 a.m to 11 a.m. Um! So again, if you just have a little bit of patience um, i think you might change that thought just a little bit, but i can't do the work for you. So we'll see you tomorrow. 8Am have a good day, okay, so bbig um.
Let me take this down put this one up here. This is going to be neo bbig, not looking too bad folks, not looking too bad. Oh did i not. I didn't uh.
So bbig starts with a little basically a little move up, um and now yeah and now you'll see it's swinging back down so, like i said you need to maintain this price point for the day 884 to 862., so pretty much washing to see if the markets End up basing uh basing there chewy. On the other hand, it doesn't really look the best since open iph, uh, basically squeezed right into resistance kind of selling down uh amc is looks. Kind of bearish looks like it's trying to roll over, as we were mentioning. Maybe more bearish on amc today, neo holding what appears to be a pretty solid dip so far, so so added some long to neo.
Good morning CP☕️
Good morning CP☕️
What time have you been going live?