Here’s a pro tip for stock market newbies…
Earnings season is your friend. If you ask me, it’s one of the greatest times for new traders to learn the ropes. Stock movements just tend to be more logical.
Before I get to today’s tickers, an announcement: Periscope has died! If that’s how you like to tune into the Pre-Market Prep, it’s time to make other plans.
I’m still streaming daily on FaceBook, Instagram, and YouTube. You can also find the archives here.
Here’s what I’m watching today…
Virgin Galactic Holdings Inc (NYSE: SPCE) is my top swing trade idea as of the premarket. It tried to break out on Thursday and failed. But then it broke through a key level on Friday. After a successful launch over the weekend, the stock gapped up nicely this morning...
It’s also a SPAC (special purpose acquisition company). The WallStreetBets crew also talks about it a lot. Personally, I think it’s worth keeping an eye on. I’ll be looking for VWAP holds in the afternoon...
Another of my favorite swing trade ideas, Peloton Interactive Inc. (NASDAQ: PTON) was also performing well this morning. My plan for the last two weeks remains unchanged … I’ll be looking for whole-dollar and half-dollar levels and future breakouts.
Like SPCE and PTON, Roblox Corp. (NYSE: RBLX) was featured on the Weekly Watchlist for this week. It broke through my desired entry level on Friday, then consolidated. I’ll be looking for the $85 level for entry with a risk on VWAP...
Last Friday, I talked about Vinco Ventures Inc. (NASDAQ: BBIG) during my SteadyTrade Team session. My opinion hasn’t changed ... I think it has a brick wall of resistance at the $4 level. It’s got to break that level before I’m interested.
Hooray! Past squeezer InnSuites Hospitality Trust (NYSEAMERICAN: IHT) appears to be back from the dead. It tried to squeeze on Friday. It has terrible volume, but because of its history of spiking, I’m watching. As of the premarket, I thought that if good volume came in, it could be a possible dip and rip…
I keep hoping for a psychedelic stock run ... But it just hasn’t come. So I’m not super interested in Enveric Biosciences Inc. (NASDAQ: ENVB) right now. Personally, I don’t trust one-day runs with stocks like this. I want to see it prove itself with a multi-day run.
Last Friday, I suspected that BRF S.A. (ADR) (NYSE: BRFS) didn’t have enough volume to hold over the weekend. It still has terrible volume … But I really like the chart, and as of the premarket, I thought it had potential as a weak open red-to-green play.
Annovis Bio Inc. (NYSEAMERICAN: ANVS) was absolutely last week’s Friday squeeze du jour. It went up over 250%.
I know spikes like that are exciting. But if you’re new, I beg you to avoid this one early — long or short. Unless you can be very disciplined, I think things can go very bad with stocks like this. I consider it an afternoon-only play!
🔴 Ready to learn more? Check out the SteadyTrade Team: https://stockstotrade.com/steadytrade-team/
🔴 Try StocksToTrade for $7: https://stockstotrade.com/14daytrial/
📲 Download the STT app: https://apps.apple.com/us/app/stockstotrade-mobile/id1403963724
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✅ Links we mention and recommend:
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🔴Traders Blueprint Free Guide: https://stockstotrade.com/traders-blueprint/
✅ Recommended video:
✅ Recommended playlists:
🔴SteadyTrade Podcast: http://bit.ly/2SXbrv7
🔴Stock Trading 101: A Day Trader's Guide: http://bit.ly/2sqs1ZZ
🔴Advanced Stock Trading Tips: http://bit.ly/3a32pTM
🔴Trader Spotlight with Tim Bohen: http://bit.ly/36TTzG3
🔴StocksToTrade Software Tips and Tricks: http://bit.ly/375GSry
🔴Weekly Trading Recap Videos: http://bit.ly/3a32uXA
🔴Charts and Patterns: http://bit.ly/2uj2KBO
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#StockMarket #Trading #Stocks
*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.
You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.
Earnings season is your friend. If you ask me, it’s one of the greatest times for new traders to learn the ropes. Stock movements just tend to be more logical.
Before I get to today’s tickers, an announcement: Periscope has died! If that’s how you like to tune into the Pre-Market Prep, it’s time to make other plans.
I’m still streaming daily on FaceBook, Instagram, and YouTube. You can also find the archives here.
Here’s what I’m watching today…
Virgin Galactic Holdings Inc (NYSE: SPCE) is my top swing trade idea as of the premarket. It tried to break out on Thursday and failed. But then it broke through a key level on Friday. After a successful launch over the weekend, the stock gapped up nicely this morning...
It’s also a SPAC (special purpose acquisition company). The WallStreetBets crew also talks about it a lot. Personally, I think it’s worth keeping an eye on. I’ll be looking for VWAP holds in the afternoon...
Another of my favorite swing trade ideas, Peloton Interactive Inc. (NASDAQ: PTON) was also performing well this morning. My plan for the last two weeks remains unchanged … I’ll be looking for whole-dollar and half-dollar levels and future breakouts.
Like SPCE and PTON, Roblox Corp. (NYSE: RBLX) was featured on the Weekly Watchlist for this week. It broke through my desired entry level on Friday, then consolidated. I’ll be looking for the $85 level for entry with a risk on VWAP...
Last Friday, I talked about Vinco Ventures Inc. (NASDAQ: BBIG) during my SteadyTrade Team session. My opinion hasn’t changed ... I think it has a brick wall of resistance at the $4 level. It’s got to break that level before I’m interested.
Hooray! Past squeezer InnSuites Hospitality Trust (NYSEAMERICAN: IHT) appears to be back from the dead. It tried to squeeze on Friday. It has terrible volume, but because of its history of spiking, I’m watching. As of the premarket, I thought that if good volume came in, it could be a possible dip and rip…
I keep hoping for a psychedelic stock run ... But it just hasn’t come. So I’m not super interested in Enveric Biosciences Inc. (NASDAQ: ENVB) right now. Personally, I don’t trust one-day runs with stocks like this. I want to see it prove itself with a multi-day run.
Last Friday, I suspected that BRF S.A. (ADR) (NYSE: BRFS) didn’t have enough volume to hold over the weekend. It still has terrible volume … But I really like the chart, and as of the premarket, I thought it had potential as a weak open red-to-green play.
Annovis Bio Inc. (NYSEAMERICAN: ANVS) was absolutely last week’s Friday squeeze du jour. It went up over 250%.
I know spikes like that are exciting. But if you’re new, I beg you to avoid this one early — long or short. Unless you can be very disciplined, I think things can go very bad with stocks like this. I consider it an afternoon-only play!
🔴 Ready to learn more? Check out the SteadyTrade Team: https://stockstotrade.com/steadytrade-team/
🔴 Try StocksToTrade for $7: https://stockstotrade.com/14daytrial/
📲 Download the STT app: https://apps.apple.com/us/app/stockstotrade-mobile/id1403963724
🔴 Subscribe for more free Stock Trading tips: YouTube.com/StocksToTrade
👉Share this video with a fellow Trader:
✅ Links we mention and recommend:
🔴Try StocksToTrade for $7: https://stockstotrade.com/14daytrial/
🔴Get our FREE weekly watchlist here: https://stockstotrade.com/watchlist
🔴Traders Blueprint Free Guide: https://stockstotrade.com/traders-blueprint/
✅ Recommended video:
✅ Recommended playlists:
🔴SteadyTrade Podcast: http://bit.ly/2SXbrv7
🔴Stock Trading 101: A Day Trader's Guide: http://bit.ly/2sqs1ZZ
🔴Advanced Stock Trading Tips: http://bit.ly/3a32pTM
🔴Trader Spotlight with Tim Bohen: http://bit.ly/36TTzG3
🔴StocksToTrade Software Tips and Tricks: http://bit.ly/375GSry
🔴Weekly Trading Recap Videos: http://bit.ly/3a32uXA
🔴Charts and Patterns: http://bit.ly/2uj2KBO
✅ Follow StocksToTrade on social media:
Instagram: https://www.instagram.com/stockstotrade/
Facebook: https://www.facebook.com/StocksToTrade/
Twitter: https://twitter.com/StocksToTrade
#StockMarket #Trading #Stocks
*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.
You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.
Muchas Gracias for every day excellent data. I have won little bit every day but most important for me, is Learning is the best earning
Tam-Miami trail….it’s the original north south highway on Florida’s gulf side
Tim morning
Thanks Tim. Great insight and discipline encouragement.
My first time here!