Yesterday was a little bit of a slower day in the market.
But hey, traders, you’ve gotta understand the theory of the ‘hangover day.’
There’s only so much energy and potential out there. When you have a series of wild runs like we’ve had in the past week or so, it’s natural to have a slower day. Often, it’s in the middle of the week.
Don’t worry — there’s plenty percolating and I think today and tomorrow have a lot of potential!
Here’s what I’m watching today…
Cuentas Inc. (NASDAQ: CUEN) was my number-one watch as of the premarket. This low floater with a chat pump looked so good yesterday. Ultimately it failed, but that’s relative. It’s still up about 120% from yesterday morning. My take? Tune in to find out...
Crappy retailer alert! Birks Group Inc. (NYSEAMERICAN: BGI) is low float, but I hate the sector. I also see all sorts of resistance.
Then again, the worse a stock is, the more likely it is to be shorted. So that makes it a textbook 9:45 a.m. or later dip-and-rip contender!
It’s been in motion for the past few days, but today feels like a rest day for Marin Software Inc. (NASDAQ: MRIN). My hope is that it tracks sideways then makes a comeback on Friday.
A follower asked about Xpeng Inc. (NYSE: XPEV). This is a Chinese electric vehicle (EV) play. It’s got a beautiful chart trend. Guess what I’ll be watching for...
Alterity Therapeutics Ltd. (NASDAQ: ATHE) has news related to Alzheimer’s and Parkinson’s. I’d consider it a hot sector, and I like that there’s news.
The float is higher — 35 million. However, the volume is great, with 12 million shares traded in the premarket. Considering the headlines and the volume, I might even relax the 9:45 rule on this potential dip and rip. With high of day breaks, it could be in play all day.
A follower asked about Bridgeline Digital Inc. (NASDAQ: BLIN). It looked promising yesterday but really didn’t hold up that well. Find out what I’m watching for after yesterday’s all-day fade…
Be sure to watch today’s session till the end! I already had the credit music rolling when I noticed Trxade Health Inc. (NASDAQ: MEDS). Whoa! A chat pump and former runner with a crazy low float. It has news and it’s at 52-week highs. Great volume. It could be a halt risk, but still worth watching.
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By Stock Chat

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16 thoughts on “Pre market prep- stock market 07/01/2021”
  1. Avataaar/Circle Created with python_avatars Joshua Viola says:

    Yess the man is back !!!!!😁 thank you Tim love learning from you

  2. Avataaar/Circle Created with python_avatars Jesse Boyden says:

    I usually watch this at the end of the day to learn from my mistakes, Also to learn what the pro did better. Tim, You are such a humble dude. Thank you for all your hard work, and all you do for struggling, newer traders who are passionate about learning. Sorry some people are selfish and blame you for their losses. I feel for you dude. You have a great attitude in life. That is more inspiring to me than any financial achievement that you have made. I appreciate you much.

  3. Avataaar/Circle Created with python_avatars RudolphAnthonyG says:

    👍

  4. Avataaar/Circle Created with python_avatars Michael Hasten says:

    Thanks for coming back! Only found your prep a week ago, but immediately loved it over competitors. Much appreciated!

  5. Avataaar/Circle Created with python_avatars Mike Fitzgerald says:

    Thanks for coming back!!

  6. Avataaar/Circle Created with python_avatars jon evans says:

    the hardest working man in day trading. Glad your back!

  7. Avataaar/Circle Created with python_avatars Jim B says:

    The best free content on the web, mentor-extraordinaire!

  8. Avataaar/Circle Created with python_avatars Charley Cartagena says:

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  9. Avataaar/Circle Created with python_avatars S. E. Walker says:

    My morning routine just wasn’t complete without that music to wake me up. Thanks for coming back!

  10. Avataaar/Circle Created with python_avatars John Rock says:

    Lessss gooooo tims back 💪💪

  11. Avataaar/Circle Created with python_avatars Destiny says:

    Man the happiness I felt when I seen this… Thank you for coming back..♡

  12. Avataaar/Circle Created with python_avatars superlinks x says:

    ONE LOVE BIG BRO TIM… YOU THE O.G. !!!!!

  13. Avataaar/Circle Created with python_avatars Andrey Tuguchev says:

    Thank you Tim!!!!

    Thank you for coming back!

  14. Avataaar/Circle Created with python_avatars Adrian Jovale gomez says:

    Tim Bohen is back . Ty for coming back sir

  15. Avataaar/Circle Created with python_avatars Corsos&Stonks says:

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  16. Avataaar/Circle Created with python_avatars jwhitlock85 says:

    Ooga booga AMC!!

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