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Thank you Good morning everyone! Welcome back! Um, as always, drop those tickers and questions in either the YouTube chat or the pre-market chat, prep, chat whichever works best for you. um Vince coming in strong with CEI Always kind of funny how these things repeat. you know CEI what probably the best, probably the most successful uh of all of the uh, you know the sketchy YouTube Twitter Pumpers the names we shall not name. they're like uh Candyman don't say don't say their name or they'll like jump out from behind your couch or something.

uh anyway, but it is kind of funny here. a few days later CEI is back. Um, you know everyone talking about uh, you know the uh, obviously Cosm Cei's got a reverse split coming. um I Personally, just say wait till afternoon.

Um, it worked well on Cosm. So I I don't know I Just I Don't like the early guessing games on these. Uh, wait till afternoon. Hell, it worked on Cosm.

I mean I mean it just when when it comes to these, you know, not getting shook out I Just now again, obviously you can get shook out anytime It's not like it was. Cosm was easy to trade by any stretch of the imagination. again unless you just bought and you know, closed your eyes and crossed your fingers. But um, I just think that the the afternoon moves, especially in the extremely extremely volatile stocks.

I mean like we love volatility? Okay, you know there's like every day we're looking for 50 100 runners. Then you go with a Cosm. It's just okay. It's a completely different thing.

So I would say CEI afternoon only I'm just afraid that the bubble will burst right at the open. and yes, that's probably very conservative. but I want to keep you safe? um Ensc for low floater and news volume. still a little light.

Let's take a look at this headline. This is new right? I didn't look at the date yep the night today's 19th. Yep, him. Excuse me? Oh yeah, this opioid stuff.

Okay, yep. opioid Former: Runner uh um um man. Volume: Still a little light in just this huge gap down from the other day. um Man 9 45 or later I wouldn't touch it pre-945 and again when we talk about you know why.

You know in you know, how do these rules get applied Etc it's just I mean just just absolute absolutely brutal brutal. Beatdown Chart: So um, Smmt? yeah, still hanging around. Had higher hopes for this last week. Really? Um, still the same I think you could wait for four? Um, sure.

feels like something's coming with Smmt. You know it's like I really thought that especially after when would this have been the 13th? Yeah, yeah. I mean I really thought that this thing could you know do that Friday type move. But the bummer is you know when something like cosm happens, you know it's it's I mean I mean a lot of you were probably guilty of that.

I mean I mean on Friday cos ham M happens and you just everybody just kind of forgets about everything else. So I continue to like Smmt I continue to like it as a possible squeeze. It is nice still near the highs after all that. um but just let the alerts do the job.
So um, Smmt still in play for sure. Let alerts a job. um slno low float with news. hey somebody's dumb enough to give him 60 million bucks.

Holy crap two. All right up to 60 million I mean hey, they suckered somebody into giving them money. pow basically dip and rip on Oracle I still wouldn't I wouldn't touch this one pre-945 either. You know there's the and again it'd be different.

It'd be different if if s Ellen always trading like five million shares or something. it's just right now you had a nice Gap up. sure it's holding sure very dubious news. the more dubious the news the better.

but um I mean like look at this thing it's like hello So 9 45 I guess just mainly because of the volume. So Vktx whoops higher flow yeah afternoon view app hold man's experience anybody got anything good Cosm red to Green How about that? How crazy is that? Almost did it at 4am I mean you could use the Orca levels all the way up on this freaking thing. it'd be I mean again, please stay safe. but give me something.

Give me something good I ain't seen it I Wish bloody asking about the bounce day on Tesla Um, trade dipping rip, you know? But I mean just have realistic expectations, you know I mean the thing with with Tesla is I think there's two ways to trade it. long-term hold. We all know Tesla's going to all-time highs. We've discussed this.

we know it's going there. It's going back to all-time highs. Now It may take six months. It may take a year.

it may take two years. Um, that's the kind of time frame either. If that time frame doesn't suit your time frame, then you ignore Tesla You can day trade it. But I mean you basically got to use options because you know you guys got a small account.

Difficult to trade something like 150 and make any sort of appreciable gain. Um, so that's the two ways to write it. I mean trade dipping rips with options I don't know, you know? So NH Red Green ran up on uh Friday 2 million float. Did a reverse split the other day.

Yeah, hey, there you go I like NH I Like this. well done Nhorg low flow, recent reverse split and gapping in Pre What do these guys do? Nothing that matters but healthcare provider technology that simplifies Healthcare blah blah blah I Like it and it's decent. So a lot of stuff out there. Um I don't know.

just early in the morning, nothing really exciting me I See VX we got all day. Oh this thing squeeze the end on Friday Nice 11. you got any chat pumps this morning? Hey check the breaking news boys. Nothing jumping out at me on the breaking news boys.

Tough Tblt. it is quiet my friends foreign stocks. it's cores doing anything cores I would use the Oracle levels. cores is still in play.

I mean see I could get wacky today I Just think afternoon only because of I I Think that there could be a very similar repeat of Cosm. Well listen. I'm not saying this is going to go as high as cosm, but I can see you know, just a morning of halts and wackiness and annoyance. What do you I mean again, a lot of you guys asking about, you know, is today a day to be more conservative? Yes.
I mean guys. I'm sure you can hear it. um I'm actually on the road right now um I forgot to turn the webcam on but um yeah though. long time members I'm sure anyone that's been here for a few months or more you can you can.

You can read the room as we always talk about and I'm sure a lot of you realize just by listening to my enthusiasm that is there an A plus setup out there right now? I I'm not seeing it right now. It's obviously 8 44 a.m We Got 45 minutes of the market open. we got an hour till 9 45. we got six hours till 2 P.M We got the whole day.

But listen flat out if you got a bunch of Christmas shopping, you need to get done. You got some errands you need to run before the family comes to town. Okay, maybe this morning's the time to do that. Okay so and and again 99 of you are part-time Traders One of the things I try and do here and actually I'm glad a few of you asked us.

One of the things I try and do here is give you a read and be like holy crap, Do Not Leave your computer Okay, you need to be laser focused on these three stocks today. Oh, these are perfect setups, you know. Don't shut off your phone, eliminate distractions. Don't go anywhere today.

I Can also give you the read of like hey, okay you got You Got a bunch of family coming to town a couple days. you got to get a bunch of groceries. You got to clean the house. You got to make sure that the snow's cleared away so grandma doesn't slip there.

You go. come back this afternoon. reassess I'll be live on the noon Daily Double Down video. All right.

Um, stay safe my friends I I Am not not seeing a like B plus or above setup I got half a dozen B minuses. So all right my friends, it is what it is as I always say you can be frustrated for lack of setups or just take advantage of it. You know that that? that's what I Always try and do okay, especially when we go through these very very busy periods. There's times I barely leave my desk.

okay I Look at days like today's be like oh hey all right I can get something done today if my alerts go off different story, no alerts go off hey I got stuff to do so. Um all right guys have a great day and we will see y'all next time I Don't know Uh where's my little there it is.

By Stock Chat

where the coffee is hot and so is the chat

6 thoughts on “Pre market prep stock market 12/19/22”
  1. Avataaar/Circle Created with python_avatars Astralis Lux says:

    Didn't you used to do this every day?

  2. Avataaar/Circle Created with python_avatars Okie Tradez says:

    2 premarket preps in a row my top watch kills it.. SMMT as i said in chat.. i got long 1k 3.57 and shes hitting 4.65 as i type.. i need to just do me i guess!

  3. Avataaar/Circle Created with python_avatars Christa Kush says:

    Thank you Tim. You’re awesome.

  4. Avataaar/Circle Created with python_avatars James Scott says:

    Santy Clause is coming to town

  5. Avataaar/Circle Created with python_avatars James Scott says:

    The calm before the storm

  6. Avataaar/Circle Created with python_avatars Big evil 72 says:

    AGFY?

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