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Meme stonks are sort of like zombies … They just won’t die.
In yesterday’s session, I talked about how GameStop Corp. (NYSE: GME) was back in play. It looks like the madness could continue for the trading day today...
Plus, we’ve still got bitcoin in motion, tech stocks are showing signs of bouncing back, and weed stocks are spiking…
Here’s what’s going on today…
Everyone’s talking about GameStop Corp. (NYSE: GME) again. I talk about the mechanics of how short sellers drive up the price on stocks like this. Plus, what could happen if GME breaks $300 today? I share why I think meme stocks could be off to the races.
One notable example of a meme stock with potential for the day? Express, Inc. (NYSE: EXPR). It’s an earnings winner and relatively low float stock. I think it’s got all-day potential...
Yesterday afternoon, Exela Technologies Inc (NASDAQ: XELA) had a big move. It tested — and held — VWAP five times. It had some crazy volume into the close. Once again, traders have the lizard people (aka aggressive short sellers) to thank…
Then there’s the crazy after-hours and premarket moves it’s had since the close of the trading day yesterday. Check out what I’ll look for today and moving forward.
Cemtrex Inc. (NASDAQ: CETX) has an interesting chart and it’s a low-float stock, but I still have some reservations. As of the Pre-Market Prep session, I considered it an afternoon-only play. Why? Find out why I think a bit of caution seems smart.
I like the chart on MediciNova, Inc. (NASDAQ: MNOV) … However, it’s a bit higher float and has somewhat obscure news. I explain why, considering the information I have, it’s not my favorite play…
A follower asked about Obalon Therapeutics Inc. (NASDAQ: OBLN). It led to a big lesson for the day — I talk about why I never go long on obesity-related plays…
Yep! Bitcoin’s back in play, so I’m still watching sympathy plays like Riot Blockchain Inc. (NASDAQ: RIOT) and Marathon Digital Holdings Inc. (NASDAQ: MARA)...
As for weed stocks? Tilray Inc. (NASDAQ: TLRY) may be back in play, but it could be yet another fakeout. I talk about why I want to see multiple green days with any weed stock. They’ve burned many traders before…

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*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
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