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So all right, good morning, everyone welcome back welcome back to money. Monday um, two things number one um. You know it's funny. First of all, i i posted a twitter poll.

I'm not you know. Most of you are newer traders, so most of you are probably under the pdt. If you've listened to the podcast, you know i've gone i've gone on and on and on about why i say the pdt is such a classic example of ronald reagan's: nine, most dangerous words in the english dictionary. Those are i'm from the government and i'm here to help anyway, i don't, i can't decide you know, what's dumber the pdt or the or daylight savings time.

These are the type of philosophical questions that we will ponder for all of eternity until remember vote for me in 2024, one of the main parts of my platform is a stab or is eliminating the pdt, my friends, so all of you, new traders out there all Of you, small traders, nothing wrong with that who's got your back. I got your back, i will go to washington and i will fight for you all right. That being said, daylight savings time. Um, sorry about the tweet.

You would think you know. Hootsuite is what i used to schedule tweets. You would think hootsuite would be smart enough to know daylight savings time so anyway, sorry about the confusion on the tweet and then last, but possibly most important. I got ta get the microphone out of the way we have a guest today.

I don't think he can see him so over. There is uh miles. Many of you may know miles he's that really really tall tiger cat miles is joining us sleeping on my ames chair by the way, those of you that are herman, hillman miller, mid-century, modern dorks, like i am are probably i mean if you know what an ames Chair is you probably just got anxiety, thinking about a cat sleeping on it because he's not declawed? Okay, anyway, welcome back everyone. Let's get to work.

Aaron asks about m-e-t-x, so anyway, lcid um. Let me just go over lcid. This was um kind of the number one swing idea from friday, uh working nicely and um anyway. Definitely one of my top ideas, especially from a swing perspective.

I've got a strategy session tonight, good chance. We we go over this. I love that it's green with tesla gapping down love, seeing that disconnect and again i think tesla's gon na come back from this news over the weekend, but nice to see. Um excuse me an eevee maker grinding green on a day that tesla's gapping down all right.

Um - let's get to, i just had it on my screen, so i wanted to go over that um lcid still probably number one momo swing trade idea. Let me increase my font 48 points and sorry m-e-t-x, all right uh. I missed you guys you get. You can tell it's monday morning because i'm all fired up.

I got so much to talk about. I haven't seen all of you, my friends. I haven't seen you in a couple days. I missed you so anyway.

Um i mean if you want to trade 70 cent stocks aaron. I don't hate it. I don't love it, but i don't hate it. So for a cheapie, it's a it's an okay chart, so i don't hate it.
I don't love it, but i don't hate it. Edison asks about plug edison thomas edison is asking about plug edison t what's going on here. Mr edison big fan of yours, though i'm not not really. You know listen that, though the whole uh thomas edison and elon or not elon, that's kind of funny nicholas tesla showdown.

I wasn't. I wasn't fond of the way you handled that mr edison um kind of some shady crap. There i mean listen, nikola, tesla, listen! The guy was in love with a pigeon okay, you know he he, he tried to marry a pigeon guy, had issues, and then here comes thomas edison, he's kind of mean to the guy. Does some shady stuff read about it? Know your history anyway? It's interesting that thomas edison asking about an ev play, so that being said, there's your bad dad joke of the day, um, probably over 42..

I still think evs are gon na, be hot man. I tell you uh when and not. If, okay, i got a timestamp. This, when not, if tesla breaks back out man, we are gon na, have an ev party.

Okay, so number one! It's not! If it's it's, it's when okay tesla will break back out post this news, um now, as always might be tomorrow, might be next week next month and this year it will break out when that happens with all these evie plays grinding higher whoo winter 2021. You know spring 2022 gon na be interesting. My friends so anyway plug over 42 akatia ppsi. There you go, i mean i mean so.

Thank you akata i mean here we i mean it's funny. Listen i had not. I was rambling on. I did not see this up, but guess what it is pioneer power launches, eboost, blah blah blah blah blah blah blah blah blah blah okay.

But what is it? Ev? Charging 4 million float. 7 million traded. There's a chat in this, yet we got chat pump. Yet breaking news not yet so beautiful, so um number one dip and rep based on what i see bring the chat pump and let's smoke shorts, um, ev, bspr low float, good volume, 945 or later dip and rip, especially if the chat pump, uh prediction comes.

True. Definitely definitely when you talk morning day, trades definitely top of the list. Um amc, i don't know i mean, is amc doing anything. That's up three percent.

So here's another one i'm going to end on amc, because i get asked about this kind of stuff a lot um. I again feel free to timestamp this. I have no problem with time, stamping my predictions and calling me out as whether i was right or wrong. I think one of the best ways to test your theories is, to you know, put those theories out there, whether that be on a blog twitter, live stream test, your ideas, okay, so um.

One of my ideas is especially now that we're going into winter. I think we are going to get a resurgence of the meme stocks now that being said on amc, you know this is what i see right now. This is stuck in a range it's channeling holding up nicely. I mean here's, here's the thing everybody wants to.
You know every sad old, baby boomer. You know screaming at his tv spending 20 hours a day on twitter, um, stupid kids today in the crypto and their meme stag. Meanwhile, you know drinking himself to sleep every night. Probably you know i mean you know.

You know you know the guy divorced six times, hates everything you know he hates everything he hates steak dinners. You know he hates cold beer, it's like he hates everything, making fun of meme stocks and crypto. Meanwhile, amc is still up what a thousand percent four to forty okay. Now, that being said, just channeling we get a break of 50, get a break of 60 65.

Something like that different story. Now, back to the prediction back to the time stamp: meme stocks 2.0 are coming, but don't play guessing games. Okay, wait for the confirmed breakout over 50, wait for the confirmed breakout over 60. Let it get out of this channel okay and then vice versa.

Listen if you're short bias same thing: let it break down okay, if you're short bias, which i think you'd be crazy to short meme stock. If it breaks support at 30, you know, but those are your entries 50 plus on the bully side 30 below on the bears side. But right now avoid the chop avoid the channel. What you should do is have an amazing day check out the steady trade team.

As always, we've got three webinars today: 9 a.m; 3, 30 p.m and 6 p.m. Three webinars talking swing trades strategy overnight plays morning dipping reds 45 minutes, maybe an hour. Lately, i've been going almost an hour in the morning, there's been so much to go over check out the steady trade team, but again, most importantly, have an amazing day and we'll see you next time. You.


By Stock Chat

where the coffee is hot and so is the chat

4 thoughts on “Pre market prep”
  1. Avataaar/Circle Created with python_avatars Allena Armistead says:

    That is cruelties declaw a cat

  2. Avataaar/Circle Created with python_avatars Allena Armistead says:

    You have my vote

  3. Avataaar/Circle Created with python_avatars M Gritzke says:

    My cat prefers the Ekornes Leather chair–he has class too.

  4. Avataaar/Circle Created with python_avatars Anthony Jr. says:

    TERM LIMITS & GET RID OF lobbist
    thank for all your help

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