Interesting how things can change on a dime…
Yesterday was pretty incredible on stocks like Newegg Commerce Inc. (NASDAQ: NEGG) and Alfi Inc. (NASDAQ: ALF).
Today’s a bit of a slower day.
But it doesn’t take 500 trades a day ... It only takes one. Focus on quality setups.
Here’s what I’m watching today…
I’d love a red-to-green move on NEGG after its insane moves yesterday.
Communications and hardware equipment company TESSCO Technologies, Inc. (NASDAQ: TESS) just released positive earnings. But the chart’s a mess — there’s a brick wall of resistance. Find out what I’ll wait for on this ticker…
I’m not a fan of bank-related stocks. So despite the breakout, I’m not super interested in Carver Bancorp Inc. (NASDAQ: CARV). It could be a dip and rip at 9:45 or later, but I remain wary. Hear my full take in today’s session.
Concord Acquisition Corp. (NYSE: CND) is a brand-new crypto SPAC. If you must trade a stock like this, learn what I think is the smartest approach.
I love making fun of short sellers, but I think they’re right about CEL-SCI Corp. (NYSEAMERICAN: CVM). This is a terrible company. But honestly, if this is your best trade idea, I think you could do better.
Exela Technologies Inc. (NASDAQ: XELA) is a possible red-to-green. But based on the mood of the market, I really don’t think today’s the day. Nonetheless, I’ll keep watching...
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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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By Stock Chat

where the coffee is hot and so is the chat

8 thoughts on “Pre market prep- stock market 07/08/21”
  1. Avataaar/Circle Created with python_avatars IlCoraggioDelLeone says:

    "Which brokers allow you to short OTC stocks?
    This is not a good idea. Very few (possibly none) of the big name brokers will allow you to short OTC stocks due to the high risk potential for your account. OTC shares are traded very subtly, which means that there is often no market except through a market maker, which is a penny stock transaction that maintains inventory of any OTC stock you are looking to buy or sell. "

    LOOK AT ALL XELAU, OR THE XELA IN THE OTC MARKET, WHERE YOU CAN'T SHORT. IT WAS UP 78% YESTERDAY. SO IT MEANS THAT THERE IS A LOT OF SHORTING IN XELA. HOW TO GET XELA UP TO $ 10? NOT SELLING AND CONTINUING TO BUY, SO WE WILL NOT GIVE SHORTERS THE OPPORTUNITY TO EARN AT THE LOW!
    SHARE.

  2. Avataaar/Circle Created with python_avatars Allams says:

    thank for addressing the new trader
    I appreciate your help.

  3. Avataaar/Circle Created with python_avatars WelzTheGreat says:

    Great video Tim, keep it up man🔥

  4. Avataaar/Circle Created with python_avatars JORGE GARCIA says:

    i just wnt to say thank you, i my self really appreciate what you do. This is very valuable information for all the new traders so pay attention and soak this up.

  5. Avataaar/Circle Created with python_avatars Leo Ellis says:

    Anyone else having problems with STT? Four days in a row the app has locked up exactly at market open. Paying a lot of money every month for a trading app that doesn't function properly is not good. Any help would be appreciated, thanks.

  6. Avataaar/Circle Created with python_avatars Sebb says:

    Thanks x42069 keep at it Tbo! you the man

  7. Avataaar/Circle Created with python_avatars Kiesa Smith says:

    Y are you trying to get money to teach. If your so good

  8. Avataaar/Circle Created with python_avatars El Presidente Electo says:

    less is more

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