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#StockMarket #PreMarket #Stocks
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Don't you know that you are a shooting star? Don't you know? Don't you know man, it's a bummer that you can't play uh copyrighted music on live streams, johnny doe, where the tear dropping is high. Johnny said: don't come mama cry away goodbye, don't you know? So all right welcome back everyone um, as always drop your tickers and questions in chat nicole, is helping me out, as always um. Speaking of you know, the live stream always open to suggestions. Actually, i will make a point.

I haven't done a survey in a while. I get this cool new whiteboard, not exactly sure what i'm going to do with it. I do like the slapstick nature of this, though you know very. I could see some very like three stooges like action with that um anyway uh.

You know, i use the whiteboard a lot on screen, but i thought maybe this could come in handy kind of cool. Like 100 bucks on amazon, it rolls around. You can flip both sides. That being said, um good morning, brian asks about a n y as a weak, open red to green.

Let's take a look so loosely crypto related. How is bitcoin doing this morning by the way jamie dimon, um, sad old man, jamie diamond um, i great great meme by wall street bets by the way with the grandpa simpson, the old man yells at bitcoin boomers man. Boomers are so gross, go away, boomer, jamie diamond, that being said, uh bitcoin's struggling with 57 000. You know what i'm gon na say most of the time, if bitcoin's strong, yes, andy, is a weak, open, ready, green.

If bitcoin starts to sell off, i would be careful with it. So don't you know, don't you assuming btc strength and let me get that font size, increased and ntrb says tommy osnode, tommy, osnez tommy, oh tommy, something tony chong, maybe okay, beautiful 5 million float. What do we got here down on orange boulevard? You know, you know uh. Hopefully the 945 rule kept you guys safe on easy fill.

Yesterday you know. Listen i like to have joke. I like to have fun. You know with the tony montagna um rant, but i tell you it keeps you safe.

You know we said only high day breaks midday late day. You know, there's probably a lot of people that got bagged on easy fl yesterday because they rushed in okay. That being said, um therapeutic transdermal patches. What is this nutra band? Oh, i can't wait to see this.

What is um blah blah blah pr, so 5 million float, 3 million shares traded, covid pr uh, i'm not in love with these covid penny stocks, but we need something. So it's a dip and rip, let it you know as to as usual and let me jump on the whiteboard, so um man, i i you know i and you're, going to hear me say this a lot. Even i i we. We really need a low float.

Runner to bring these things back, so you know the standard idea is let this set the high day in pre, it's currently 10.50, which is that whole dollar half dollar, let it open week i mean a lot of people are going to be mocking this. Just like. I mocked it pretty much every morning runner's been failing lately, so shorts have been doing well, shorting these morning runners. So, let's get let's invite the shorts in with that week open and then, if, if and the way this week's been going, it's a strong if, if it breaks the high of the day into the 945 or went later, that's your trade.
The squeeze is back on other than that i would avoid early and, as always, if it dies it dies. So ntrb is today's easy fl um. Let it open weak to suck in shorts and target odds, um standard dnr and, as always, if it dies it dies. We know morning momo been slow since the cei destruction, so you know - and i think i've talked about this several days - i mean we really just need everyone to forget about cei all of the true believers and i won't go on another true believer rant, but you Know, there's still people that that think cei is going no 10 bucks, okay.

So what we really need is cei just to get absolutely destroyed, which i'm hoping listen go back to 30 cents, please cei, so the bag holders will give up we and and we can move on. So that's really what we need or if we get a wild low flow runner like an ntrb. I also think that'll that'll bring back morning, momentum um, i'm not going to answer questions on cei, um! Sorry, it's over! Okay! It's over! So you guys can keep asking. But i don't know, go back, all of these are recorded.

I think the best thing you could do. What was the destruction day for cei? It was like wednesday, tuesday or wednesday watch the watch, the pre-market prep the following day. Okay, it's recorded it's there for you. Take advantage of it and nothing has changed it's over so uh good morning.

Amtx is trending, no volume agreed it's a nice trend jay, but not what we talk about here and again, no offense, but everyone has made it abandoned abundantly clear to me in the last year and a half people want to talk big moving day, trade setups. So listen! It's a beautiful trend. Look at that chart! That's so pretty, but no volume, i'm looking for your precious perspective on ocga, oh trying to butter me up. Um ran last night and after hours, struggling with vlab 9 is resistance.

So, let's uh, let's break down this daily. So remember this was a big runner several times this year, but you've got a brick wall at nine okay. So when we talk about technical support and resistance, i mean you've got a brick wall at nine. You see that right and we're here to learn so understand these are not the type of trades.

You look to get involved early because history doesn't repeat, but it rhymes - and this is very, very, very strong resistance at nine, so i'm gon na say this afternoon: uh. If this is over nine, that's your entry, so look for this to trend through the day, break nine possible, gapper, possible swing, etc. But i would not get involved with this early because um june july august september, four months in four months, i see five fails at nine. Do you want to be in the in the fifth or would you rather wait for this to set up in the afternoon? So that's my opinion: um ocgn doom tara, t-a-r-a 7 million.
What is the terrible downtrending chart sketch biotech um? What do these guys do? Blah blah blah the volume and floats there dipping rips over 8.50, so um probably prefer ntrb, so um all right. My friends again, please be cautious. We we, we are still in a transitional phase, okay and when i say that we're transitioning from the greatest pump and dump in years, cei, um and dats and you know, listen. We had some amazing pumps over the last couple months.

The air has come out. Market has slowed down we're heading into earnings season, so this is a transitional phase. In my opinion, i think it's a time to be conservative, a time to play defense and a time to focus on afternoons. And yes, it's boring.

Yes, i get it, we all want to make bank bro and go back to bed at 9. 30. 5 a.m. I get it it's.

It's we're in a transitional phase, though, be conservative focus on afternoons, focus on higher quality swings and earnings. Season's going to be here and all it takes is one you know if let's say ntrb does something wild today, t-a-r-a does something wild today, it'll bring back all the low floaters all right everyone. I do want to finish on this. If you can please be here tomorrow morning, um i got i, i got something we'll still talk stocks tomorrow and i promise i won't go on too long, but i got something i want to go over tomorrow morning: um, it's it's probably the coolest mo i've been Doing pre-market prep, you know geez more than 18 months, like 1920, we're going on two years of pre-market prep and i got sent something um.

Some faithful followers sent me something and it might be other than other than like gifts from my kids. You know other than like my kids, making me something. This might be the coolest gift i gift i have ever received and - and it came from some faithful followers of pre-market prep. So i promise i won't spend 20 minutes on it tomorrow, but if you can be here, i would love to show this to you very cool, especially for a dork like me.

So that being said have an incredible day. Everyone - and we will uh, hopefully see on the steady trade team. Otherwise i will see you tomorrow morning, 8, 30, eastern. So you.


By Stock Chat

where the coffee is hot and so is the chat

12 thoughts on “Pre market prep- stock market 10/12/21”
  1. Avataaar/Circle Created with python_avatars Telegram Emilly_crypto says:

    My daily signal is top and one of the best out there when it comes to trading bitcoin.๐Ÿ‘†๐Ÿ‘†๐Ÿ‘†๐Ÿ‘†

  2. Avataaar/Circle Created with python_avatars blakesabbath1 says:

    ๐Ÿค˜๐Ÿป๐Ÿ“ˆ๐Ÿค˜๐Ÿป

  3. Avataaar/Circle Created with python_avatars Grumpy John TX Redneck RC says:

    Hey Tim, DATS Ain't Dead Son!? ๐Ÿ˜œ๐Ÿคฃ

  4. Avataaar/Circle Created with python_avatars Dani Schei says:

    Sing it sir!!

  5. Avataaar/Circle Created with python_avatars The Blazing Knights Gaming says:

    Ill see you Wednesday ๐Ÿ˜‰ for sure

  6. Avataaar/Circle Created with python_avatars Cristi Wamsley says:

    Like the new white board and as always thank you for the great morning info!! Greatly appreciated

  7. Avataaar/Circle Created with python_avatars Joe Gallardo says:

    IF Making Bank Bros, THEN Breaking Bank Bros

  8. Avataaar/Circle Created with python_avatars Cristi Wamsley says:

    Bad ass song I wish u could play it too

  9. Avataaar/Circle Created with python_avatars Pat Trader64 says:

    Who asked about $cei….idiots

  10. Avataaar/Circle Created with python_avatars Dangitboy says:

    2 yrs??? Happy Anniversary man, appreciate ya!

  11. Avataaar/Circle Created with python_avatars Elisa Rosenlund says:

    Thanks Tim!

  12. Avataaar/Circle Created with python_avatars Jake Campbell says:

    Afternoons are my favorite!

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