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All right good morning. Everyone welcome back let me just double check every now and and then i get like this haunting suspicion that i did something wrong not not i've never done anything wrong um. There we go and audio looks good all right all right welcome back. Everyone um.

As always drop those tickers and questions in the associated chats um. Man. I know everyone's gonna want i mean i you know we got the elon and the twitter news over the weekend. I don't know i mean i know everyone wants to go to the d wax and the p h u.

N.'s etc. I don't know i mean i just don't know how much i buy this idea you know it's like remember and and listen we loved i i i tell the story all the time we love dwack back in the spring. All the way up to a hundred i just don't know it just feels like you know and something i talk about all the time is you know we love obvious ideas. I think that that frequently you know people are kind of surprised by that i i don't you know i'm not trying to find some undiscovered penny stock or or momentum stock obviously d wax at 30 bucks.

But it's like i want obvious ideas. But i'm just not feeling the the d wax and the and the ph you went and i'm only saying that because i know it's going to be a lot of the questions today. But let's get started. I guess um.

Where's my evernote and i will break down dewac and ph one even though. I'm not feeling them man. I just i just i don't know and maybe i'm wrong i mean i mean here's the thing what am i gonna say next listen everything changes in the afternoon okay hey dwack hanging around p h u. N.

Hanging around different story so d wack. I say afternoon v wap holds only this idea just seems too obvious. I don't know maybe. I'm a hater call.

Me a hater if you want angry oh shut up old man. But i don't know and then p h u. N. Say afternoon v apple i just don't feel them in the morning man.

You know uh spidey sense aka. My little voice is warning me on these spidey sense. Many of you know i'm a a a huge magnum pi fan. If you're a magnum pi.

If you if you're a magnum pi fan like i am you'll know what i mean when i'm talking about the little voice. It's the narrator. Inside magnum's head. So anyway.

U. X. I n. S.

Studio horror music. Great. Username studio music. Very creative uh ux uh man.

What's going on with this thing you know i had kind of a weird week last week um. I was traveling last week went down to the home office in austin. Um. Why is this thing.

Why is this got five green days in a row. One two three on no volume. So what's up with uxin this this must be some sort of coordinated pump. I assume i mean just i mean nice slow creep so dip and rips i i i mean it's in play.

I just i guess i would like to know the why on this so and again. I have to admit you know again with the travel flight delays all this stuff. I did not see this thing putting in five green days. In a row.

So um. Oh question mark nice. Green. Day.
Grind. Um. All patterns. Apply morning.

Dnr and afternoon. Abcd etc. Um. I don't like the volume.

You know i mean. It's 8 30. I mean i guess you know volume is not terrible. But you know it's 400 million flow that that's the big thing with uxin.

The reason. I'm not more excited um hard to get me excited when it comes to day trades. I mean and and you've you've seen this over the last few years. I mean hey 4 million float.

I'd be like whoa what's going on here you know 40 million float whoa. You know 400 million float um. Yeah i mean and and as always when we talk about float rotation etc. It does not mean you know it does not mean uxin is terrible.

It's just you got to remember supply and demand bigger float less likely you're going to get you know a huge move and and it's been proven i mean look at uxin you know 50 cents to 60 cents 60 cents to 70 cents 70 cents to 80 cents you know and and that's not a bad thing just understand every day green every day. But like 10 cent moves you know just not really the kind of moves. We look for is what i'm getting at srg. What is srg doing in pre.

Anything weak open. We open red to green for day two um really nothing new on srg that wasn't in the watch list volumes light um. But this is exactly what you want to see i mean gapping. Down but holding above 1050 nothing new from the weekend watchlist.

Now i'm glad you're asking. But this is exactly what we want to see textbook warg right now ormp same weak open hell. I mean. It is this is a crappy biotech right yeah.

I would wait for nine. I i i almost said weak open red green. But this is a craptastic biotech 40 million float hey here's the thing. I i i'm gonna say this squeezed.

All the way up friday here's what i'm saying if you take a week open ready green. I don't think you're crazy. I think it would be better to wait for higher levels. But as long as you got a good stop.

I mean if you're if you're taking this at 8 35. And stopping it aid. I mean i mean it's not terrible. I just think because it's a crappy biotech.

I think i think a weak open ready green would be aggressive how's that sound in my opinion. But in play safer would be you know more like eight you know more like nine. You know so uh plrx good job on the comments. Today.

Guys. Oh. What do we got here stewart mcallister so 20 million float. But seven million shares traded phase two ah man nice big breakout here let me check breaking news.

This is chat pump or not no oh tblt's chat pump. Why tblt. Why do you take that oh ernie or oh okay okay man. They sold three point so p.

So. Number. One fyi tblt's to is the chat pump du jour. Let me finish on plrx.

Um dip and rip good volume and then let's get to uh tblt chat pump du jour as news. Let me take a look at tblt. I like i like monday morning chat pumps. Oh what the hell my roots of fight shirt is falling apart um two million man tblt.
The float's only two million. Yeah wow speaking of du jour. I will do my french accent. I don't know what i was gonna say 20 percent increase slow down tblt.

Okay. Let's what's oracle gas. Say on this guy 337 currently at three. So i really you can tell very very very intri.

I hate this stock by the way i hate the stock i hate the company have you seen their stupid products okay who who would be caught dead with these cheesy chinese tool belt why my friend instead of buying this cheesy chinese tool belt buy an accidental letter okay um big fan big fan huge fan of occidental. Leathers products handmade built in america okay get yourself an accidental leather tool belt do not buy this crappy chinese crap from tblt um. But that being said dip and rip let's hope. It slows down and uh man.

This is my number one i mean it's terrible. It's a joke worst company in the world but man. She's a box checker uh slow down and top dnr. Oh.

I almost swore uh turd. I will use turd instead of the s. Word. Worst junk stock in the world.

But it's money monday baby all right everyone um. I got a 45 minute webinar at nine with the steady trade team. This is this is top of the list um as always alex thank you alex for the help this morning. Alex will drop a link to the steady trade team check it out i got three webinars today three 9 am 3 30.

Pm and 6 pm. Check out the steady trade team have a great day my friends and man a lot out there okay um. I apologize man there's you guys are there. There's a lot out there okay.

I realize i got to seven stocks and you guys are asking about like 30 stocks love it love. It penny stocks never die man. Don't bull. Don't believe the idiots on tv.

Don't believe the old sad boomers talking about the stock markets crashing shut up you stupid old man penny stocks don't care. That's why i love penny stocks all right have a great day. My friends and we will see you next time. Oh.

I almost played music you.

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5 thoughts on “Pre market prep- stock market 7/11/2022”
  1. Avataaar/Circle Created with python_avatars Wade Rowley says:

    Thank you for the help your awesome

  2. Avataaar/Circle Created with python_avatars Jeff Dewhurst says:

    Does the "little voice" sound like Higgins?

  3. Avataaar/Circle Created with python_avatars gspears says:

    Wut is "WORG?" Thanks in advance.

  4. Avataaar/Circle Created with python_avatars Alexander Conrad Smith says:

    My Wife and I are VERY worried about our future, gas and food prices rising daily. We’ve had our savings dwindle with the cost of living into the stratosphere, we are finding it impossible to replace them. We can get by, but we can’t seem to get ahead. My condolences to anyone retiring in this crisis, 40years nonstop just for a corrupt system to take all you worked for.

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

    Thanks Tim for all the great info!

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