Good morning, ladies and gentlemen, everybody boys and girls welcome back to another morning. Market analysis live stream good morning, mr twins, papa patrick hutchinson, mahoney magic. I can't say that one but nice to see you birdie miller, sago fpv, james lewis, al cuervo, moet shama james hello, good morning, guys, good morning, good morning, so happy to have you guys on here and so pretty much. There were a couple interesting socks that ended up moving.

Yesterday we had our eyes, i would say, on most of them: um the stock, robin hood. Hood h ended up having a super significant move yesterday, all said and done so that could be a very interesting continuation play today. So we'll make sure to cover all of that and more going into uh this morning. Give me one.

Second, i'm gon na do a couple things here before we get started. Excuse me yeah, so bysi was definitely a stock this morning, uh that took off running so, if you're not already familiar by got some news about uh meeting their primary end point. Let me read the news to you so beyond spring announces positive top line results from its dublin three registrational trial of a word. I can't pronounce correctly in combination with deco taxal for the treatment, blah blah blah blah so long story short whatever drug um, that they're working on has met its primary endpoint of its studies, which is generally a really good thing.

So it does look like it is cancer treatment involving all right, so it has to do with cancer primary endpoint anytime. You get news that has cancer treatment, primary endpoint top results, top line data generally stocks, trade pretty well so anyways. You can see this thing's all the way up to 46. um.

In short, what's happened this morning? Is you got your first initial long move off the news? This first move was the first pullback, probably sucked in a few short sellers and then a big old short squeeze, and then momentum really is just continuing. So right now the stack b y s. I is trading on the day at three to almost four deviations intraday. This is generally a very high risk zone to try to take a long position in so, if you're, looking at the stock bysi currently this morning and you're, considering taking a position generally speaking when a stock gets to plus three near or maybe even above plus, four On the intraday generally, there's just less profit opportunity, um and or the long move generally just doesn't work as well.

So we're probably getting to a price point on bysi this morning, within its current market structure, that it's probably going to try to slow down a bit on its long move. Okay, but that being said, bysi is definitely stock to keep your eyes on. Throughout the day, there really isn't a whole lot more that we could touch on regarding bysi and how it might move and the reason being is when we take a look back at some of the longer term charts. You will come to the realization that over the past year and or the past uh, you know half year were extremely blown out of proportion.

So the stock has successfully gone up. It's taken out previous price action resistance. We have trended above yearly and half year. Resistance points, so we're so far blown up that it's not really logical to try to trade off this sort of chart.

The only thing you can really do at this point. It does have a 20-year chart which is actually kind of impressive. Normally they don't so. This is actually a situation where you would probably work off the 20-year chart and just try to use the previous 20-year high as sort of your resistance for the time being, you'll see that we've just gotten there and we're starting to slow down, and ironically it just So happens to be at the intraday, plus three and or plus four so bysi just got back to basically it's 20 year resistance.

Now the way resistance works is typically, we would reject here first and then, maybe later we would break so probably shouldn't try to trade bysi for a breakout right now should most likely be bearish, anticipating it pulls back, because this is a first attempt. That's probably one of the most important rules that you could learn from me just write off rip is that whenever stocks are trying to break out first attempt they normally fail. What does first attempt mean? It literally means the first time the stock gets back to a resistance. That's it that's the first attempt, if 30 minutes from now it comes down and then back up to like the pre-market high.

That would be a second attempt which is more likely to break than the first attempt so for right now we will watch bysi. The only thing you can really do is probably plan for a long trade through the pre-market high at this point, because that would also be the 20-year weekly high or some sort of dip by in the day, which you won't really be able to figure out until Market, open, alrighty, awesome, um, so bysi. I think we uh. We hammered that one out pretty.

Well, i don't think um. I don't think we're really gon na have to touch on that one too much more, and let me actually do something else here really quickly. You know it's been a long time since i've really used my weeble account, but i was trying to use a little bit more because i really do like the platform. It's very useful because everything's kind of right there, i'm just so kind of stuck in my ways with using my um, my other platforms.

I just haven't really dived in on this one too much, but anyways we're gon na move that back down all right, guys we're gon na be moving into the next thing of business here. So, first, what i would like to do is we're going to be running through the overall market, as we did yesterday before. We continue looking at other stocks unless there is something that starts to run on momentum, then, of course we'll bring that onto the chart and mention it and let you guys know, as that is happening, cers earnings easy to borrow. What does intraday mean? Intraday means like right now in this day, so what happens over the course of the current trading day, and that could be in three hours that could have been 20 minutes ago.

That could be right now, five minutes from now etc. So anything that happens within the current day is intraday. Okay. I am going to write down a few of these requests, so i don't forget, because i'm not quite ready to run through them, but i am marking them down so that when the time comes, i will not have forgotten um and i'm probably gon na have to Speed through the requests because well there's just quite a lot of them and if i give my best best analysis on all of these stocks, we just always end up running out of time all right, so we're going to start here with the market um yesterday.

I think we had suggested bearish the market and at least it went bearish in the morning, but i really don't or wait yeah yeah. I think we had mentioned like a bearish move in the mar uh in the market yesterday um, but i feel like we talked about support and resistance, but anyways. So i do remember yesterday. I i had mentioned that the 440 price was probably going to be like the resistance in the long target.

On the day, you will see that we ended up by the end of the day getting up to 340. um, so the market kind of did a bearish move yesterday, then it did a bullish move, but nonetheless, all that's really happened in the market. Is we pulled back the other day and we've just bounced back on to the regression trend, so the price target that i gave you yesterday of about 440 was really the regression trend on the 180 day four hour time frame. So, at the time yesterday, the s p 500 had a regression and or a mean price of about 440..

This morning, pre-market since we've traded and things have happened overnight - that price has changed and the regression level of the market is now priced at 440 dollars and 51 cents. Now you will see that there is interaction around there a little bit here this morning. So the only thing i'm really watching for the market right now is to see whether or not it can basically sustain over that price today, because if the market is going to continue higher and the pattern that you're seeing on the chart is in fact going to Break out, then, you have to sustain over the regression level. That's in the middle of that pattern, which i will highlight that trend line that i just drew in bright, green and i will increase the size to five.

So you can't miss it so that bright, green trend line in the middle, which actually looks kind of shitty, because the colors of the candles are green too. So then it blends in so we'll make this purple so that purple line is the mean and you'll see that if we look at where the price currently is it's slightly below that purple line. So if this sort of pennant that you're seeing forming on the s p 500 is going to break to the upside, let's say today, then you should expect that the price would stay above that purple trend line and if it's not or it's kind of trading below And or multiple trading candles or sessions are closing below that purple line, and it's probably not quite it's not quite ready to go above the all-time high. So, in the immediate on the bull side, i would suggest you want to be staying over the purple line, which is about a price of 440 dollars and 50 cents.

If you're trading below 440 slash 50 for the day, markets are probably just going to continue to consolidate in that sort of pennant pattern. Okay, now we're going to move over to the nasdaq doesn't look like anything, has really changed on the scanners too much okay. So if you look at the nasdaq, the nasdaq is very similar to that of um the spy in a sense that it's kind of consolidating to the side um yesterday i just i just removed it but anyways um yesterday, i think we gave you an upside long Target as well, so we gave you sort of the downside, long target and the upside target uh yesterday, and it's pretty much the same as a spy. So you'll see this dotted trend line that comes into play here and it's priced at about 366.92 this morning.

So currently, a price point that we should be paying attention to on the nasdaq is priced at uh, basically 360 set. So in this situation, you'd want to see the nasdaq over 367.. If it continues to trade below 367, it's probably not going to be breaking out of this consolidation formation that you're seeing taking place. So i don't really see a whole big, crazy move from the market.

The only thing you're really waiting for is the nasdaq to reclaim the half deviation price. Once we reclaim that half deviation successfully we're going to be breaking out of these tops in this consolidation. You can see too. If you look at what's happened right, we bounced back.

We stopped here we pulled back and we topped again. Then we did this and then the last time it stopped at the half. Deviation this time we're back at a half deviation. So the reason the market keeps stopping at these tops is because every time it drops it bounces back into the half deviation of the market.

So the half deviation price is currently the breakout level of this consolidation. So right now, in the day i i really still don't think, there's a whole lot to do with the market. I think we're just still kind of just chopping around and trading back and forth in these consolidation points buying price for tkat i'll. Try to remember that.

Yeah, i really wish weeble had standard deviation as well. Maybe they will you know. Actually i could probably talk to weeble and they would prob. I mean i don't know, but i could probably talk to them and see if they would be willing or even open to the idea of building it into the system um.

I think i think that will be possible. I get emails from them all the time. Most of the time they just want me to it for them, which is understandable, but but yeah i mean, maybe i guess i'll shoot him a message. It couldn't hurt, um, honestly caesar you can use any computer.

You want to day trade literally almost any computer. You can think of nowadays it's on the market is sufficient enough to trade with um. What i mean by that is all computers. These days i mean you can open up weeble, you can pretty much open up any trading software run one chart and buy and sell stocks.

It's not going to be an efficient approach because, as you grow and as you become, you know more of an investor and you use different softwares and maybe different services. All of that takes a load on the computer, so it really is kind of depends on what you're actually trying to do. If you're going to be watching and streaming and using different softwares, then yeah you're going to need something. That's a little bit stronger than your average laptop um, i'm not a big computer whiz by any means, so i'm not the best person to ask that question.

I actually had one of my buddies build my computer, so i'm not really up to date on all the graphics cards and processors and the levels that you need these days. Um. None of that, but i will tell you it's you, don't need as much crazy hardware as you probably think you do. A lot of people always think you need a big setup and a crazy setup for investing and trading, which you you really don't it's only if you're gon na be looking at, like my stream and you're, going to be running scanners and you're going to be running.

Four or five different charts and you're going to run this broker and you've got two different brokers like when you're running 10 programs, all at once then yeah you're, probably going to need a b for your computer. Okay, uh, huh, yep, cool cool. So still doesn't really look like too much has changed on scans this morning, all right. So what we're going to do here now is we're just going to run over a couple of the stocks that people have mentioned so the first one here is cr sr.

So number one stock would be down. Trending number two doesn't really look all that great on the long side, so i'm gon na have to say bearish, there's a counter. Excuse me there's going to be a counter trend long soon, meaning it's going to bounce soon, but i don't think yet. I think it still has a down move before it bounces.

But ideally, if you wanted to be long on crsr, then you probably at least so far - it looks like you should be buying the negative one deviation price of the market. Okay, i'm just kind of putting all these boxes here to highlight the negative one deviation bounces. Okay, so the market is known to be bouncing around and again at the time, there's no telling if these were negative ones or negative, twos or means or whatnot. That's just the way it looks now, but the market, if you look now, is currently priced at about negative one deviation, so i would assume that you well that also broke formation, so you also broke down yeah um.

I would probably be just slightly long bias for a counter trend bounce, but really it's down trending. So i don't. I don't think you really do a whole lot with that. I would say if the if, if crsr falls all the way to 2264, then it would be good for a long reversal trade, so maybe a long reversal, trade down in 2234, but otherwise i don't really think it's the the best candidate all right next one.

This is lcid uh lcid looks like a recent ipo, so not a ton of data to go off of here. Downtrending stock um yeah really not a whole lot of thoughts on that there's pretty early in formation. Recent ipo uh pretty much a lucid group yeah. I i really can't i can't give you much info on that cers um crs penny stock.

This is kind of interesting, a lot of volatility in that move, so it's creating attention. People's eyes are on it all right, so we're gon na start here. On the four hour chart all right, so if we look at the four hour chart, this is going to show you exactly why um crsr had resistance at six dollars and eleven cents this morning. So if you were to look at your chart on a 180 day four hour time frame, you will see that we have what's called a plus one deviation mark at about six dollars and eleven cents.

Excuse me um. If we look at the daily chart, we don't have a solid deviation. We had a half deviation. Okay, let me just put this here because that's going to end up being so, this line ready like right here.

Let me put a green arrow this. This white trend line that i'm pointing these arrows at which there's another one, but there's two of them, probably so, there's going to be two white lines that i'll show you, but at least this one okay, that white line that i'm pointing at that is going to Be the price point, almost kind of like the halfway point of the move, or let me rephrase that the breakout move on cers that started after hours yesterday that went up to whatever six bucks, those green arrows. Those are going to be basically the halfway point of that move. So again the move on cers from whatever it started at to wherever it, topped at in after hours trading that white line with the green arrows.

That's going to be the halfway point, which is also what i call the shift point. If we go to the four hour, it's also here so you can see. We also have that white line right here again. That white line is going to be the shift point.

So that's going to be like where the breakout starts um, so that's usually going to be where the momentum picks up and the fast move happens, and ideally that's where you want to buy, but it's it's almost nearly impossible to get it because it happened so fast. So for those of you that are like how do you catch the breakout? When do the breakouts happen? How do you know before it happens? That's where it happens. Okay, the breakouts, don't generally happen when that like when we say like. Oh, it's got to break resistance and, like generally speaking, that's where the breakout really happens so, where i've put those green arrows, you're going to generally see volume pick up in these areas, so we're going to change those uh, those red lines that are mapping out the White lines we're going to change these to like we're just going to change them to purple.

Just so like we know those are the ones we're talking. Actually, what am i talking about? We'll change it to white, because that's what they really are so give me a second, so we're gon na change that to white, and we will change this one to white to represent the means. So this is going to be where the stock really breaks out down at 5. 27..

So when we go look at the one minute chart, you will see that the mean comes into play at 527. We get this little pop earnings stock goes through this level and then it just just takes right off right and then it goes up to these red lines and stops. So, basically, what i'm, showing you is, these white lines are the breakout and then these yellow lines up here well they're, yellow now, because i'm making them orange or yellow these yellow lines or orange lines would be the resistance okay. So the way this would look is basically when we're looking at the one minute chart on cers we've done a full deviation move okay, so we've actually done two deviations.

Okay. So from this orange line up to that white line, okay from this orange to the second white line up, that would be one deviation from the white line up to this red line, or this line up at the top. That would be two deviations. Okay, so, ideally, when we're looking at this chart, the stock has moved a total of like one deviations here right and the means being the breakout orange being the resistance.

So for those of you watching cers today, ideally, the stock has already hit resistance, pre-market, pre-and. This happens every morning. Every morning, every stock you look at every stock. You look at.

I do not care what stock you're looking at. They all do what i've shown. You not necessarily to one deviation. It could be to two, it could be to three could be the four blah blah blah blah, but every morning most cases most cases like 95 percent of the time a stock goes up, hits a deviation, pre-market resistance is created.

This is literally how it happens every morning, so you've hit resistance on cers. The resistance is at 612 right now. So again, that's where you're you're! Now, that's where your breakouts at your breakout for the day is at this price. The reason being is because this is the only resistance you have right now in the market on the way down.

This is the breakdown price. This is the level short sellers want to get down below. If you can break this level, theoretically, you're breaking support, most people would look at this market and say that the pre-market support is like right here right somewhere in this area. Reality is that's not true.

The support is down here at 565.. That's really where the support is, but people tried to support it here. The problem with that is, when you support a stock before it actually touches support, then it really hasn't actually touched support, and now i'm talking further. This is something you have to experience, but anyway, so the support right now the market is actually 566..

Your current resistance of the market is 601 to 610, once you break, and if you do break out 601 to 610. The first move that the market will go for is gon na, be six dollars and forty cents um yeah, and that's pretty much it so. In this instance, i would only look to trade cers for a breakout from like six tens up to six dollars and 40 cents if it goes higher than 640 that's awesome, but for now i could really only suggest a move through the 610s up to 640 and Then it ends up finding resistance. Yeah! That's i would imagine, that's probably what's going to happen all right, so that's crs that took a little longer than i than it should have, but i was having a ball with that one.

So going as quick as i can here folks, i'm sorry doesn't really look like too much has changed on the scanners here this morning, um really quickly. If we go and look back at the spy. Remember that purple trend line. We were talking about way earlier this morning and i was like if, in the event you can stay above this line, then that's when you could see the stock move to the upside.

But if we start to close below and sell off of it, that's where the market will probably get bearish. The purple line is right. There you will see we sold down to it broke through. It came back up and then the market started to close below.

That was specifically what i mentioned if the market starts to have sessions, closing below meaning one minute candles five minute candles anything starting to close below that could suggest we'll go into more of like a pullback, so the market's done that it's pulled back, we're not going To go too much more on that for now all right next, one down on the list is athe now athe is a penny stock that started with the long move. Remember like five minutes ago, when i suggest when i suggest i was trying to toot my own horn and probably look more awesome than i actually am, but nonetheless i did say that about 95 of the time that whenever you see a stock go up pre-market, it's Whenever it stops, wherever it's pre-market high is, is normally going to be a deviation resistance. So, let's see if that holds true, and you guys have to give me a little wiggle room. You got to allow me or the price targets to be off by at least 5 to 10 cents, because the market is the market, and you know, there's probably some dude in tokyo right now, railing lines of cocaine who hasn't slept all night and he's waking up In the morning to trade, so sometimes things can be a little crazy in the market and you have to be understanding that you're joining a market of tons of tons of people - and you really just don't know, what's going on with everyone.

So that being said, never anything totally perfect in the market. So let's go ahead and let's take a look at athe, so we go here. We're going to look at the four-hour chart boom found the resistance. So if you look on the four-hour chart at this red line and also sometimes the lines are red, sometimes the lines are green and you might be wondering why, when the lines on the chart are red - or if you see like sometimes the lines are green and The red: it's because that's signifying downtrend and uptrend, so when they're green, so when the market's up trending uh, the plus two mark deviation, will be green when the market's down trending, the plus two mark will be red right now.

The plus two mark is red. So, over the past half year, theoretically, the market on athe is in a downtrend. So on this four hour chart you will see that the plus two deviation resistance comes into play at a dollar. Eighty eight.

If we switch that time frame to a daily chart. We also have a plus two deviation mark that comes into play at about two dollars and one cent. If we go back and look at the one minute chart, what do you know? That's where the market topped at plus two deviation resistance? We could keep going further about this and that and blah blah blah, but it doesn't really matter so. The market on athe has sold off when we go back and look at the chart.

The market has mostly sold off back down to some sort of deviation. So if we go back and look at the market on the four hour doesn't really give us much. But if we look at the daily, we have a plus one deviation at 161. and the market has gone down there and slightly below.

So to me this is a sign that the stock is sort of weak because we've ran up and it's just really falling apart through all of these supports. So to me this is a stock that is in fact a little more weak and i'd be slightly more hesitant, um slightly more hesitant on trading it really. The only way i could suggest you want to be long on. This is if the market ends up coming back up and through the 163 price.

Okay, all right, there's two more and then i'm gon na start going through some of these comments and we're gon na shift gears just a little bit so fine another stock from today. We looked at sofi just the other day i feel like so sofi has been holding basically the plus one deviations negative one. This is negative one anyways it's at support. Right now it's been trying to hold support.

I think you could still bounce this, but you need to give the market a little bit more time. Um. It's definitely not bouncing as easy as it has in the past. So this tells me that maybe the market's a little bit more uncertain about the bottom.

This time needs a little longer. You will see, though, that if you look at the relative strength index, you are getting a bullish divergence onto the stock. Basically, what that means kind of not entirely a bullish. Divergence is where this, the relative strength index is trending upwards.

Creating higher lows and the price of the market or the stock is trending the opposite direction. In this instance, uh sofi isn't really trending down. It's really just kind of trading sideways and the market's going up. So it's not necessarily a true divergence, but it's very similar.

So in this situation you should wait a little bit longer. You should just wait a little bit longer. That's all i can say i think if you wait a little longer the pattern or the picture will be more clear in the near term future as to whether or not this is gon na hold this bottom. But you do have early signs of a reversal based on the relative strength index right now, w-h-l-r, ah so that moved.

This is kind of interesting, so so whlr, what's the news on this? Is there any news? There's no news figures figures unless there is - and this hasn't updated, but i don't think that's the case not really hold on give me a second i'm gon na drink, some coffee, um yeah, that's super cold, just delightful! Okay! This i was really excited about like six seconds ago, but then there was no news, so i can't give this as much strength because it doesn't have news, but this is a situation where i think you still watch the stock long bias. The reason i think you still watch the stock long by yes really is just because i'm optimistic, but i'll pretty much put it this way. You will see that we're almost at the white line. Remember i told you that when stocks go through the white line, that's the shift point and big moves can happen there.

So currently the stock whlr excuse me currently stock whlr. It isn't overbought okay, whereas if you were to look at uh c-e-r-s right, if you looked at c wait what was the one before that or a-t-h-e? Maybe it was. If you look at a-t-h-e. Sorry, if you looked at athe athe this morning, was at plus two deviation right, plus two plus three plus four you're getting into the overbought right.

So you can see this was overbought athg. But if you go back to whlr, whlr is on the bottom, so you're coming from the negatives when you're on the positives, when you're on the plus twos plus threes you're overbought, when you're on the negative ones, negative twos or mean you haven't been overbought yet, which Means you still have to go through the mean so anyways uh, the resistance of the market right now on whlr is four dollars and 27 cents in the event you're lucky and you break the mean today, which is this red line at about 427. You will then look for a move up to the price of 4.98 to 4.98. So again, if you can get whlr to break out the mean so remember, you're, not right and then also look at where the pre-market high is look at where that resistance is at.

Look at where the pre-market high is at 95 of the time you're gon na wake up in the market, you're going to analyze a stock and what you're going to come to find is that it's pre-market top and a lot of times it's pre-market bottoms are going To be right off of your long term, deviations which come from the 180 day four hour or the daily chart, so this morning, you're not going for a pre-market high breaker i mean you are but you're not you're, actually going for a daily chart and 180 day. Four hour regression mean breakout. It just so happens that the mean is the pre-market high. So that's what you're trying to do today on whlr? The downside is that it doesn't have any news so you're trading into a stock.

That's really just kind of moving on momentum. For reasons that i have no clue so with that being said, play it at your own risk you're looking for a regression mean breakout today on that stock. Okay. That gets me through all of the first requests.

So you can see how long that takes at times, because i'm really trying to give it my best effort and leave no stone unturned. All right. Let's continue. Let me read some comments here.

If you put a put a request in there, i'll write it down. If i don't get to it, i'm sorry, i guess you're, just gon na have to come back tomorrow and hit the like button alrighty. So i'm gon na go down this list answer a couple. Questions uh put down some stocks that we haven't yet talked about.

We definitely have to go over amc because it really just wouldn't be a typical day in the market to not go over amc. What about the q's boss, um the cues we went over, but really we didn't have a very strong conclusion on the cues today. I think we're just still kind of going to ride some consolidation kind of like yesterday. Down then up.

I i think we're going to be doing something similar by the way whlr just spiked up to 420. It looks like it's breaking out, doesn't it, but the matter is the fact of the matter. Is you still haven't gotten through resistance? It might look like you did right. If you look left you're like oh we're over the pre-market high we're breaking out.

No, you haven't, because you still didn't get through the price of 428, which is the statistical mean, so your stock doesn't really break out until you're over 428. All right, sorry, i know i'm being a little weird um, yeah rodrigo and a lot of stuff in there is going to change so just an fyi. But you get all the updates to the course. So any of the changes that i make anything that gets added new taken out, you get all the updates, um yeah.

You get all the updates on the course. So, just an fyi i did write down pins. I wrote down we'll take a look at hood in a second, but there again it's you're, just basically trading intraday momentum with that, if you guys could do me a quick, favor and lick the like button, no seriously take your tongue and lick your your your keyboard. It's not like there's a delta variant going around or anything like that.

I'm sure you'll probably be just fine. Just lick your keyboard make sure it clicks the like button and we'll be just dandy this morning and then also if you could share the stream to one of those million facebook groups that i know you're a part of you just just go ahead share it. You'll probably get banned from the facebook group, because the admins won't like the fact that you're sharing my stream into their channel but hey, that's: okay, that's okay, alrighty, so you're a riot bro, i'm sure there are a lot of i'm sure. There's a lot of cokies trading right now, especially uh.

Don't you disrespect my baby amc um amra, i'm gon na pop up this week? Actually, i'm really glad you said something about mrin, because uh that does have potential, and i forgot about it um. What moving average lines are you using moving average lines that are currently being used are the 50 moving average and the hundred moving average on the intraday, and then i am also using a hundred two hundred fifty and nine daily moving average, which are these hashed ones. So the hashed colored lines you see, those are daily sharp, moving averages the solid colorful ones you see along the price action. Those are intraday moving averages, wow, okay, gosh there's just so many requests.

I don't know if i can keep up with myself. Um hold on one second, hmm! Well, that ain't, it hmm weird there. It is okay, uh, yes, kelly parker! I am in michigan absolutely yeah. I have a four unit property in ann arbor, michigan located outside of the university campus, but um close enough to campus, where college some college kids still rent.

Yes, um um. Yes, mr m, b yeah, we i do explain this sort of approach in the course. I definitely have to put more in there, though, there's just not quite enough to get everybody up to where they probably need to be alrighty uh. So what we'll do now is run over amd, pins and m-r-i-n, all right, so amd uh.

Yesterday's recommendation was to watch it short around um, 110 and or short below 106.. So it ends up running up to 110. It rejects goes short later in the day. You can see it ends up breaking that point and then it runs into a big move uh.

So amd's still bullish, um and again. This was something that we talked about. Yesterday too, i'm like you know, the stock still looks strong um. So something to take note of this is when a stock is stronger than normal whenever you see a stair step fashion.

So this is what you want to look for. Stair. Stepping whenever a stock goes up goes basically sideways up. Then it basically just goes sideways up sideways up sideways up again, when it's doing that the stock is stronger and it's generally gon na take longer for it to end up retracing and coming down and so on and so forth.

But amd has reached over plus four now so again, you're you're still very close to a sell-off. I mean this looks very strong. Don't get me wrong! This is strong, but people buying around this 112 price have a very good chance of going red in the future, because just a normal pullback in the market would probably come back down to 105 right now, okay um, so i still plan on collecting doors around the Lake that i live in again, i'm still in my homestead property, so this is still um where i'm at so only got one house around the lake, which is the house i currently live in um, which is fine. You know you know everyone's got their own path and it takes everyone a certain amount of time to do things but um.

Yes, i uh. I still have the home around the lake. I still plan on picking up some more. Obviously, prices are inflated, so it's not as easy, but yes do.

Plan on picking up rental properties continue to around the lake that i live on. Okay, all right folks, now we're going to be moving on over to am mixizzle, nothing like a good ol, amx, sizzle alrighty. So folks, if we take a look here at amd this morning, um it's bouncing, you will know if you follow the stream. Yesterday we recommended that the market would go bearish on amd down into these two red lines and then it would try to bounce.

We tried to bounce, it was still too weak. We ended up dropping below. You will then see that this bottom run line acted as a resistance. We dropped below that today, the market's bouncing back to it.

So the objective of today on amc when the market sold off down to three 32.25. It would appear that this is the market getting ahead of itself, trying to break amc down and now short sellers and market makers are moving the stock back up, and the objective was number one to get back to this red line. Number two would be to get up to this red line, so it does look like the market's trying to retrace, and i think you watch amc long today. I think you should be amc long right now with a minimum long target.

So i think your long amc today with a minimum target back to well for one the minimum, has already been what has been that really, but i think you're going for 34.60. I do believe that the amc market was meant to sell down to about 33.57. The move down to 32.25 is the market getting ahead of itself and i believe, we're supposed to balance this morning and go back up towards 34.60. This is something that we mentioned just yesterday.

We had said that we did not believe the market was going to break this low yesterday, because for the market to break that low yesterday would be a first attempt of the market trying to break that low. Since the low has been put in this move down was a first attempt of breaking the mean we bounced. This would be a second attempt of breaking the mean sort of a first attempt of breaking that price action. Bottom, normally that's going to hold up and give you a little mini double bottom bounce, which is most likely what we're currently seeing with amc.

That is why i'm still suggesting that you watch the market long bias on amc now for amc to get up to that 3460 price that we did suggest. Basically, one thing has to happen. You have to get back over the price of 33.69. You see that little dotted trend line in there.

That is the half deviation price point. That is the current resistance of the market. That is why, or that's pretty much what you're looking to get back up and over you're looking to get through 33.68 to run the markets more up to 34.40 3460 amc. You live where my aunt lives, you guys are neighbors very nice alrighty.

Let's take a look at mrin before i forget uh huh, so mri ends one that yeah. I think you. I think it can have a good bounce, but it's still not there. Yet i mean you can see every time we bounce it just gets crushed back down.

We tried to bounce the mean recently we got crushed back down, so i think you still are just kind of sitting, maybe waiting but you're not wrong for considering it to be more of a bounce. Now i do see that we've gone down to the mean on the daily chart and basically the four hours, so you are kind of at a bounce level, um, so yeah. I think you watch mrin to form up into along over the next couple days and if it doesn't, then it'll probably continue lower. So i think there is hope for, like maybe the next week and a half that a long play forms up in mrin, um and if it doesn't by then you'll probably end up going a little lower but yeah.

I think it's worth probably keeping an eye on mrian slightly long bias at these prices, yeah xela uh. We will touch on that's a good one to talk about um. This was something that we mentioned yesterday. You should watch on the long side.

I think it continued up after hours a little higher than our long targets, but if you tuned in yesterday, we recommended that you should have watched pretty much. The long target yesterday for xela was this green box. So we said that this is where you should try to trade xcla up to yesterday and nothing higher and the reason we said nothing higher is because, with the way the market was set up, we really just didn't anticipate that yesterday it would go higher than the Screen box and it really didn't during yesterday's trading session, it ended up getting higher than that in the after hours trading session and into this morning pre-market. What you'll find that's interesting right.

What you're going to find that's interesting, remember how i said 95 of this time. Pre-Market the stocks are gon na run to a deviation and hit resistance or they're gon na bounce off deviation support well again, if we uh okay, so so this green box right looking at this green box, we know that that was the deviation resistance target that we Mentioned yesterday, if we look at where the stock's at this morning hold on look at where the stock is bouncing this morning up down to the green box and bounce, so yesterday's price targets were the plus one deviation mark we go to there. We see resistance after hour as it breaks out this morning. We retrace back down to the plus.

One deviation now support, because yesterday we broke over so yesterday, plus one deviations resistance this morning. It's support and that's how that whole concept of when resistance breaks. It then becomes a poor and when support breaks, then it becomes resistance, and that is like a picture-perfect key example. So this morning, if you wanted to be long xcla, you should have been buying here at about 329.

um and that's pretty much all i have for you right now. Kind of i mean yeah. So as long as xela stays above the prices that we we pretty much just talked about 330s 329s um yeah. That still has a good opportunity.

So so basically yeah. I think you stay on the long side of xela and at this point, if we're going for a successful breakout, i think you're going to be targeting back up to about four. So again, i think i think xcla might make it up to about four bucks. It still has some work to do before it does that, but it does have a high short float interest.

A lot of people are starting to talk about it and it might be enough to get this puppy back into the four dollar price holy smokes. We almost crossed 400 viewers there for like a split. Second, we were so close. I appreciate you all tuning in the only thing i ask is that you hit the like button.

For me, it dramatically helps a stream at least it's supposed to so thumbs up to that uh. What's the play for bysi, in my opinion, i think you're probably going to want to watch bysi on a five-minute chart today. Sorry, my wisdom, teeth um, so remember how we had mentioned that this was probably going to be the resistance point. Anyways it sold off right now.

Bysi does not have long term support until 18, so i can't really say i mean i could. I could tell you, hey you, i will tell you right now. If bysi goes to 18, you buy the bounce at 18., it's a guaranteed win, but i can tell you right now: the likelihood that happens is pretty much zero, so yeah the highly profitable trade. Almost a guaranteed win at 18 19, but you're probably not going to get there today.

So the next thing that i would suggest is you're probably going to look for a negative one, deviation, bounce and even that's really far, and i don't quite think it's going to get there right now. So the best bet is really to watch a one and a five minute chart to hopefully come to the conclusion that you've decided that you're gon na get a five minute or a one minute candle break in a specific direction. That's gon na cause volatility. You can profit off of for right now, um.

I think you're supposed to watch this bearish pretty much going into the open until short sellers are confused and get squeezed. I think the play on this would be a short squeeze if it's going to continue moving upwards. It has to be a short squeeze so you're looking for short squeeze formations, a short squeeze formation would come in the it would. It would come based on people trying to take the stock down and getting caught.

So you'd. Look at like a one minute and a five minute for price action: consolidation that confuses bearish traders and takes them out to the upside. I don't think you're going to see bysi retrace down far enough to hit long-term support. I don't think you're going to see it retrace down far enough to hit intraday standard deviation, support, at least for now or within a relatively soon enough time frame that it makes sense for me to talk about it.

So therefore, the only logical thing i could come up with is that it's a very overbought stock. There's a lot of good news. There's going to be people that try to bet bearish since we're so overbought. The only thing that could really keep the momentum going is probably going to be squeezing out short sellers and the only way you're going to be able to do that is by creating some sort of consolidation that shorts are unsuccessful.

At breaking down that the bulls end up, squeezing them out so where and how that's all gon na happen, i really have no idea. That's why i'm basically telling you just have to watch price action at this point on that um yeah and then i'm not going to say, look for a pre-market high breakout, because, if you're looking for a pre-market high breakout, the stock's at 33 bucks, the pre-market high, Is basically 43, which means you'll miss 10 dollars a share waiting for it right. So, if you're waiting for a pre-market high breakout and it gets there, you'd lose ten dollars a share on the stock by the time it even gets there. So all about watching price action today on on bysi, i think it's interesting that you don't weigh the news on bysi um.

No, i did weigh the news on buis. I said it's really good news, but given how high it is more people are attracted to trying to bet it bearish. Now i don't think you should short it, because the good entry short was clearly up here. You've already sold off quite a bit, so the only way it really continues lower is if this thing is really just a piece of, and it's really meant to go lower, otherwise it will probably attempt to go lower.

That's where long bias traders come in and try to force the shorts out. So i'm assuming there's going to be an attempt at a bearish move, maybe to start the day. But overall i would probably be more on the long side of the stock, which would be, after short, sellers, try to take it down and the reason i say that is because i've been plenty of times the short seller trying to take it down and getting squeezed. So i generally do not short stocks going into the open if they're drastically sold off from the pre-market high for the most part, there's a couple situations where i would but i'd have to be super, confident, that's an absolute dog and it's going down uh d, james! No not treating live just basically doing live analysis for everyone.

We still have a live trading room that we offer that's only in our elites program. We ended our premium session, so i was able to be on youtube. More just basically do live analysis for everyone going forward. I do do some trades here and there it's not like i'm not, but we still have a live trading room.

That's run through the elites program, which is brandon, who is actually better than i am in regards to technical analysis. I believe so. You can even learn more from him than you probably can me to a degree um. So we still have a live trading room and what not, but just here on youtube, we're just making sure we do um, probably try to do as in-depth live analysis for everyone.

That's trying to invest through the market for the day um amd had 114 dollars. Again. All right, i'm going to take a quick look at pinterest here, just because it's it's of the recommendations and being asked devs um, i think. Just yesterday we recommended that pinterest was along.

We said that pinterest is a long from the price of 57 to 52.. So yesterday we recommended being long pinterest today, it kind of looks like that. Long might continue. Okay.

So if you look at, we came down to support this was support. We held it really well yesterday very solid bullish day back up and you're, basically starting to cross through. Like you know, some of these consolidation top tops, if you may yeah, so i'm kind of i'm optimistically bullish on uh on pinterest. Here i think you could watch it long.

I mean i you still, you know um, i think in the event there is a it reverses, really strong. I think your long target's 63, so in the immediate off of the formation, the current market setup, i would be long biased, immediately trying to target up to 63.25 yeah. So for any of you guys in the chat too, you know i highly suggest you know those are still looking to up their game and trading to check out the elites room. Um elites program, sorry elites program, it includes live trading course, material, multiple classes.

A week. Sorry, brain farm and a lot of options, mentoring and a lot of options, trade alerts, so i mean, if you're, it's a pretty much a full around service. So that's again part of the reason why we ended up ending the premium service keeping the leads is because it was a lot to manage, but i do like being here - and it makes sense to be here and working with you guys so anyways. We still offer really great service.

I highly suggest some of you guys check that out um if you're interested in upping your game. It's definitely going to be a big step for you. Can you smoke weed and do it? Of course you can smoke weed and do it you can do whatever you want. It's a free country right and it just became sort of legal kind of legal.

The feds still haven't. You know the feds still haven't made it legal, that's a discussion. We we should just not even have um we yeah. We don't want to open up the discussion of that because then it's just gon na it's gon na tickle me incorrectly.

Tickle me the wrong way and uh yeah we're just not gon na. Do that one! So! Yes, brandon does use standard deviation, so this is. This is why i always say i believe, and i'm okay saying it there's nothing wrong - that i believe brandon is a better trader than me and the reason i say that is because and what i'm going to say isn't entirely correct, but it's the only way that I can kind of summarize it that people would understand quickly, which is that, if i could explain this, it would be brandon does use standard deviation right, so i wouldn't know how to chart any of this. If it wasn't done for me, brandon's technical analysis and goes back so far to the point where he can kind of do he doesn't it's long story short.

He can basically do standard deviation on his own without even having it on his chart and he doesn't - and i'm not saying it's exact, but the levels that i would normally look to. Trade off of on standard deviation tend to be almost the exact same levels that he would trade off, but he's finding them manually. So something that i need a computer to do for me. He's been able to do on his own, and that was before i was even using standard deviation.

Now i will say that his analysis isn't exactly the same as standard deviation, but it does coincidentally line up uniquely similar to the point where i feel comfortable enough. Just saying that his own technical analysis that good to the point where he finds it on his own, so i couldn't say if it's for sure that, but again it's so similar, so close that i feel comfortable saying it like that. So um again he's a part of my team. I have a ton of respect for him, mad love for him um.

So again, there's there's. I don't. I feel comfortable saying he is equally, if not better than i am um. So with that being said, um yeah.

That's our elites program, which also by the way, we've been shifting a lot of things around as things kind of cool down. I will also be doing two mentoring classes to the elites room during the week, so you get two classes with me: you'd get two classes with brandon and you'd get two classes with dave. So you get my analysis and things you get brandon's and you still get dave's as well. So that's just another thought, but we're not quite there yet soon.

Okay, what time is it? It is nine, oh smoke, sorry guys! I needed to start up a meeting a little bit ago, but i totally forgot sorry brandon, i'm talking about you, i'm coming i'm coming 439 viewers. Thank you guys very much. That's the highest viewer account that i've had all week and probably on our streams over the past, like maybe month or so. So i appreciate that thanks guys, all right all right.

Sorry about that, a lot of things moving a lot of things. Moving! Yes um! Do.