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Good morning everyone! I am flying solo this morning. Uh, let me get set up here. uh uh, why don't I see there is all right? I'm gonna go back to YouTube Why don't I see my stream? Um normally I have Alex when I'm doing simultaneous there. There we go now I see it All right? All right.

Figured it out. Welcome everyone! Um, let's go here. New note: sorry I'm a little disorganized I'm used to having a little bit of help. uh, Bxrx, so hit me with questions guys.

Bxrx had a nice day Friday uh um, approaching those levels I think a week open ready green would probably be a little premature, but I think a 140 push would be decent. Uh, Bxrx breakup which is an e-book pattern previous days highs Henry Door is already in Bxrx at 95. uh Henry I don't think that's crazy. um I I would call You know when we talk about some of these.

um, you know I I just I think that that I think that's aggressive I don't think it's bad. um yo, you got a nice area to risk off I Mean you do have a nice consolidation area right there in the morning. Lowe's so, uh, you know. And as as we often discuss, aggressive isn't bad, it's just aggressive, you know? And and I think a lot of people will, uh, you know, sometimes people kind of like misunderstand that like you know when I say oh hey, that's an aggressive trade That's not bad, it's just aggressive.

And when we talk about, you know when to be aggressive and when not to be aggressive It's simply it's a very simple idea. It's like, listen, if your trading is going really well like you had a great day Friday then get aggressive. Now if you're struggling like you had a rough day Friday and you're sitting there and you're like man, nothing works right now, then you be conservative and you don't take the aggressive plan. So a lot of you are asking about Rmede.

Um spiked up Four million floats News: Former: Runner Destroyed charts Um Rmd news low float Former: Runner Let me take a quick peek at breaking news here. Um yeah. I mean I Like this for a dip and rip. volume's not bad I Mean it's almost traded the float Uh, three million shares yo again Former: Runner Let me see what Oracle thinks about this guy.

uh uh. 114 Resistance: I would wait for a high. So yeah, definitely a dip and rip watch. So DNR idea uh um, decent volume so it's up there on the list for sure.

What about Mvis? Man, that thing's been grinding away. It's been a nice trend. It's well see the problem. I was about to say afternoon View apples.

Remember guys Market does close at 1 pm today. Um remember FYI Market closes at 1 pm today. Normal hours. We do have after hours, but normal hours at 1 pm and then completely close tomorrow.

I Say too much resistance I Just think Envis is going to struggle. Needs news? Nice. Nice week last week but Prfx is a buyout. What's the deal here? Pain reform? What's the news? I'm not seeing anything.

anybody have news on Pr5 Prfx I don't see it? Uh, Prfx news so it looks like a no news play. Decent chart. nice first Green Day I'd Hope let's see I mean it's low float. Let's hope for a week open for a dip and rip.
So PR Facts: no news I See let me know if you got anything is low float. but gotta enforce the 945 rule. Listen, it's a biotech with good volume gapping up big in Pre those are always potential dip and rips. Just when you have no news I would beg beg beg you to enforce the 945 rule.

Mcom Two Penny Stock wait for the Oracle signal always the same answer. Vbiv is back weak, open, ready, green for day two. Continuation: PLM Non-binding bio Uh I say there's no Edge um I mean it is non-binding so that's concerning. Yeah I don't know I don't like rumor plays, do what you want.

So I've never found predictable results. Trading buyout rumors. Um now when I say do what you want I mean listen, if you think this thing can run, set a stop trade, your plan. But I have never, ever been able to find an edge in trading buyout rumors.

So um, again, you're free to do what you want if that. like what I always say about these is if if that's your best idea, that's your best trade, then maybe take the day off. I Don't know, you know that. that would be my opinion.

So Rnlx higher flow, not much volume. Day three surgery. so I mean if it breaks the day one eyes, it's a day three. Surge and volume should come in at that point.

So when I oh when I say true penny stock guys, what I mean is sub one dollar stocks? Okay and I know that's kind of a confusing term. you know because because basically, like like in the real world, five six, seven dollar stocks are still typically considered penny stocks. So when I say when you hear me say true penny stock, it's a sub one dollar stock. Okay, and in my opinion, the best way to trade true penny stocks is the way for the Oracle signal.

and we've seen that play out over and over and over again. Same with Back Back is the same opinion. man, what a bunch of trash you like? What a bunch of trash man. Anybody got anything good? Um man.

I've seen it. I mean you know. Listen, the real stocks have been hot Tesla Apple Delta Airlines um remember Tesla I've said the same thing for years. It's going back to all G Six percent move.

It's going to all-time highs baby. This is what happens when idiots short Elon Musk Man and and guys like you can like Google Tim Bowen Tesla and you will find literally hundreds of videos, hundreds of of blog posts and I mean again. I Have I have been so consistent on Tesla for years and this is what happens when people get too biased in a hot sector like Listen: Tesla should be up. Okay, like Tesla Had great news this morning.

It should be up, but it's not up six percent this morning on the news. Guys like the news probably would be like a two percent move. The reason Tesla is up 6 6 percent. Which you guys you guys understand the significance of that.
This is a three trillion dollar company and it's up six percent. but the reason it's up six is because of people shorting my boy Elan That's why it's up six percent. So man, what's the number one? Somebody give me a good stock. Oh man.

I am not seeing it guys. Remember it is a half day nerve. no volume. S-o-u-n's been a nice mover.

just slow. I Mean you could try to yeah, break out 465 on S-o-u-n What's a number One man? Oh my goodness, dude, Am I gonna have to go with a freaking true penny Stock is the number one. No. Well Rmed is a scam scam x stock, so a decent volume.

It's traded the float. So there you go. Rmed. Dip and rip.

All right guys, it is quiet. Understand that it is a short day. Um, these are the kind of in the holiday tomorrow. Listen, a lot of people, a lot of Traders take these days off.

Um now there will be one I Promise you there will be one. but um, it's listen. understand it's a half day with a holiday tomorrow. So um, have a great day my friends and uh, just listen.

these are the days I Always end the same if you're about to press that buy or short button. just ask yourself hey, am I trading a good setup here or am I just bored looking for some action you know and listen if if you whatever your process is maybe your process is slightly different than mine and you go through. you go through your process and you're like hey, this is a setup that has consistently worked for me in the past I think it's worth you know, risking my money to trade this and if you can honestly answer yes to that question. Awesome! Now if um, like I said, if you're just kind of bored, you got the day off from work and you're like hey, I see some Ticker on Twitter and your trade and and that's the extent of your due diligence.

Please take the day off. like seriously, don't make stupid trades on a slow day. okay the time. Listen, if you're gonna make stupid uninformed trades like listen, we all do it okay.

I'm not perfect I'm the furthest thing from perfect. One of the things of day trading for 17 years. Listen: I've made every mistake I continue to make mistakes. One of the things about being around so long is: I massively minimize my mistakes.

Okay, I minimize my mistake because I I've made all of the mistakes and I've got the scars to prove it. The time to make impulsive boredom Uninformed trades is days when there's like 600 gappers. Okay, okay, those are the days based on what. I See this morning.

This is Not the day to make impulsive, uninformed emotional trades. Listen, Crazy days. You just throw stuff at the wall and you make money. So far, it ain't out there today.

So today is the day to follow a process. Not to be impulsive, not to be emotional, not to make uninformed trades. Have a great day my friends. We will see you next time.


By Stock Chat

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6 thoughts on “Pre market prep stock market 7/3/23”
  1. Avataaar/Circle Created with python_avatars Gina Marfil says:

    Happy 4th of July Tim

  2. Avataaar/Circle Created with python_avatars Daniel Pakuts says:

    Happy 4th of July!!

  3. Avataaar/Circle Created with python_avatars Thomas Dix says:

    Appreciate you!

  4. Avataaar/Circle Created with python_avatars Joshua says:

    $pik ,$nok ?

  5. Avataaar/Circle Created with python_avatars greengoes says:

    $AHI

  6. Avataaar/Circle Created with python_avatars greengoes says:

    $AHI

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