In 2020, I said that electric vehicles (EVs) were the longest-lasting and hottest hot sector I’d ever seen in my 15 years of trading.
The sector has cooled down, but I don’t think it’s over yet.
In the past week or so, I’ve been seeing signs of life … Could we be on the verge of an EV sector revival? Based on what’s moving today, I think it’s possible.
Here’s what I’m watching today…
The summer of space isn’t over yet … Astra Space Inc. (NASDAQ: ASTR) dropped some news last night related to a new contract.
The part I don’t like? It was super vague and didn’t mention any numbers. All the same, I’d love to see a VWAP hold this afternoon for a potential swing trade entry…
Microvast Holdings (NASDAQ: MVST) was the top swing trade discussed in my SteadyTrade Team strategy session last night. Every Monday, I walk through a potential swing trade in detail. This one checked a lot of the boxes for what I look for in a trade. I’d call it a solid B or B-minus setup...
Chinese EV play Kaixin Auto Holdings (NASDAQ: KXIN) is a pretty sketchy company. I’d say it’s a dip-and-rip contender — but strictly day trade-only.
This might just be the chat pump du jour! Lightning Emotors Inc. (NYSE: ZEV) has 20 million float, with six million traded in the premarket. There’s a press release, and I’m hoping for that chat pump…
In the session, I created a chart on this one, detailing key levels. This is definitely a top dip-and-rip watch — as of the premarket, I’ll look for high-of-day breaks with a risk on VWAP.
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So whoa this speaker's got way better pace. Oh man same intro, but i got my speakers hooked up way better than those cheesy speakers in that studio tablet. So anyway, welcome back everyone, um gon na be a little quicker. Today, uh i got a ton.

I know i seem to open with that a lot. I got a ton going on plus um. You guys know. My nicole helps me out a lot and nicole was actually flying.

She got stuck, i think, she's stuck somewhere in europe with a layover and so can't help me out, but who's here for you who's here for you, so i'm always here for you. I may show up with a bunch of lame excuses and my room by talking. All right anyway, i'm here for you, so that being said couple things to go over um. Oh, it's close.

It's close! So i know i've been talking about this uh part-time trading book for probably a decade like legit a decade. It's really close um keep an eye out for that now. One thing i will tell you is: if you want to know a lot of the strategy in the e-book like when it comes down to, like the actual nitty gritty go to stocks to trade, dot com, slash, webinar, dash, replay, okay, um, and that's that webinar hour-long. Webinar from a couple weeks ago, nailed the call on amd, but what i want you to do is if you watch that webinar um understand it's not about amd, it's seriously, it's not about amd, it's about the process and the.

Why of amd? Okay, so anyway, stocks2trade.com slash webinar dash replay. I think i've got it linked here as well, and then um, oh and then a new podcast dropped steadytrade.com speaking of part-time trading um. This was a really fun episode. Talking about that idea, you know, i know i seem to be like the only guy out there.

I mean you know everyone out. There is like oh quit your job today, you know, burn the bridges, you know or or or burn the boats. You know, as they say, like i think, was it was it cortez. I can't remember who it was.

You know but but landed in america and they burned the boats, because we ain't going back. I say the opposite man too many people rush into trading. You don't have a steady income, you don't have light health insurance, you don't have days off anyway, steadytrade.com check it out and actually oh beautiful, alex is here. I got backup, you know, i tell you what man, it's so cool to have an amazing team um.

You know i'm just a guy, i'm just an old guy, that's been day trading for 15 years and yelling at a computer for five. I am blessed my friends. I am blessed to have an amazing team behind me, so thank you alex um dave ask about so they would. Let's get to work hey.

I was just stalling. I was just stalling because i didn't have any help anyway. Astr. You know this is that space contract that dropped last night - you guys know how much i love space stuff.

The biggest thing i don't like about astr is that that very vague, very vague, no numbers mentioned um. Typically, those are ignores. Now. I would love to see an afternoon v.
Whap hold on astr for more of a swing idea, but um wish more details in pr. You guys know. I love space stuff, slow, moving swing, uh disco ask about kxin, so you know kxim is that chinese ev play um. I oh oh mstr.

If you remember, we talked about or god. Why do i keep doing that? Mvst um mvst was the number one swing trade idea in the steady trade team strategy session last night, every monday, night, 6 p.m. Eastern we break down what i consider the best swing trade of the week check out the steady trade team. My friends anyway, mvst was the one.

As always, i pretty much show you these sheets, every uh, every tuesday. I know you can't read them, but if you notice this basically checked eight out of ten boxes, the catalyst was a little mixed. I gave the catalyst to six, but i gave this a solid b, uh bb minus um for a setup grade, and then we talked about a 1350 entry with goal on 15. Stop on 13.

anyway, ev play. I only bring that up because kxin is ev related and kxin is super sketchy in chinese, so um dip and rip only. I do like it, though. Only as a sketch china, ev play and jeremy asks about zev low floater.

What's zev that does not ring a bell. Oh great, another, hey evs um! Here we go. What am i gon na say i told you so all of 2020, i told you it was the longest lasting and the hottest hot sector. I ever remember in 15 years - and i told you i told you - we weren't done with evs - and here we are so 20 million float.

6 million shares traded, um, blah blah blah hey, we got a pr, so this is probably the chat pump. Du jour, nice yeah um, i'm a russian a little bit, but this is definitely a top dipping rip. Um dip and rip candidate probably chat pump du jour ev's press release. 6 million shares traded 20 million volume uh, it checks the boxes.

So what you do now, as always, we wait for we we we remember the chat pump, doesn't necessarily change the approach. It just helps the dip and rip because that draws in the shorts so um as always wait. You know the chat. Pumps usually happen right about 9 a.m.

Wait for that wait for that dip at the open and then well. Let me draw it's been a while, since i've drawn it and then i do need to get out of here. I got a couple contractors here that i need to work with um okay, so we wait for it to set the hard we fixate on whole dollar half dollars, which is 9.50 right. Now we got good volume, good float, we got, we got a pr.

So then, ideally 9am chat pump, then we're gon na look for that. This is my new favorite color. What color is this? It's not green. I don't i don't i like this color, though um, so we got that big move up to 9.50.

Ideally, we get that weak open that does what what does that do: lures in shorts, because shorts love to short, the the the low float chat pumps and then we look for that 9, 45 or later had type move, typically risking down around v web. So, let's assume this hangs around in this area v webs currently 9.25, that whoops i wanted to underline that nut. So you'd, look for those high day breaks risk down on vub three to one wrist, pistachio mark sparky pistachio. Oh i like that.
I'm gon na go with pistachio gold star to mark anyway um. I was distracted, standard, standard, standard dip and rip right out of the e-book all right. Everyone again sorry about the rush. Thank you alex for filling in for nicole, everyone think, nicole and alex you know.

I couldn't do what i do without them. I've got an amazing team, even even when they're flying around to europe, they still got my back. They still got my back um take a moment to thank those that help you today, whether that be your family, your friends, your co-workers, be grateful, have an abundance mindset. You know one of the things that drives me.

Nuts, in this world that we live in is the fixation on everything's bad, it's bad! It's bad! It's bad, everybody's doomed, scrolling on twitter all day long the world is ending. The world is ending. No, it's not! We live in the greatest time in history. Thank those that help you out.

Thank those that your friends, your family, your co-workers, give a little time to be grateful. All right have a good day, my friends and uh. I still don't have the outro music, so you'll get dead air for a few minutes. All right have a great day check out the podcast check out the webinar replay, and we will see you next time is that right, i'm curious well done.

Mark knows his color. Well, done! Mark.

By Stock Chat

where the coffee is hot and so is the chat

9 thoughts on “Pre market prep- stock market 8/10/21”
  1. Avataaar/Circle Created with python_avatars eWorkNOW says:

    Can't know how I bumped onto this. Anyway Awesome content 🥇😎. I also have been watching those rather similar from MStarTutorials and kinda wonder how you guys make these stuff. MStar Tutorials also had amazing information about similiar money making things on his vids.

  2. Avataaar/Circle Created with python_avatars Julio Corona says:

    Thankyou so much tim for the time an energy you put into your video, I'm very grateful an always taking notes. Be blessed always an much success to you.

  3. Avataaar/Circle Created with python_avatars David DeFea says:

    thanks Tim, good stuff as always!

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

    Thanks for the help Tim

  5. Avataaar/Circle Created with python_avatars Jae Treez says:

    Yes music is back. Thanks my guru!!!

  6. Avataaar/Circle Created with python_avatars G R says:

    Nice Bass! Thank you Tim and Team! Very grateful for everything!

  7. Avataaar/Circle Created with python_avatars Gerald Lovato says:

    Thanks to you and your team

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

    Music is back!

  9. Avataaar/Circle Created with python_avatars MickT Day Trading says:

    Thank you Tim

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