With a cult-like following, $DWAC sparked a ton of momentum in the market. Stocks were running β Similar to the market back in January and February. Is the momentum back for good? Either way, Matt and Bryce had a stellar trading day. Tune in as they cover charts and trades on $DWAC, $PHUN, $GBHL, $SALM, $MARK, and $PROG.
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*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
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π¨Follow Matt and Bryce on Twitter:
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*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.
I bet, if you go back to every small cheers to the audience. No, and then you go because it's delicious because it's the asmr because it is, you can hear the ice cubes asmr, because the audience chose a drink that we're here to enjoy. Unlike the poison, you tried to feed me a week ago. That was your punishment, no, for what you didn't show up for like three of them in a row.
I bet you over the last month. We have the same attendance. Yes, but at least i tell you when i'm not gon na be here you no no, no, no hold on hold on you this week. I counted on you on tuesday, and you weren't there.
I even told them you'd be there. That was my okay. That was just because i was you were even in austin. I was, but i hadn't slept like literally hadn't slept since before you say anything.
You didn't tell me that one either. That was one. Do you know how many i have do you know how many of these i'm like, hey matt? Can we film, like 30 yeah, and i walk by and you're in a meeting? I can count plenty of time. It's the same.
There's no pictures on the scorecard. Everyone comment below what you think they cited me: moscow mule. I love a good old moscow meal they're good one of my favorite drinks is delicious. It's a good cocktail drink.
It's refreshing! After a just freaking bonkers day, oh yeah freaking bats. I love halloween. It's an oldie, but a good email. Yeah, that's good! You know, someone said it was a lot of fun uh i i might not have de-whacked, but i whacked the d's of all the short sellers today.
Wait! That's not right! I didn't say that boy. I did not anyways, it was bonkers out there we talked about, we were on yesterday right. We talked about dwack, it was going to gap because there's a cult like following of 80 million people yep and it did and just crazy hit 175 was the high monster. Pullback crazy opportunity and then d-walk and fun p-h-u-n will go over them all but like just spurred the market, roland actually described it beautifully.
Today, he's like it's like the mark, it's like a dead person and then they have that, like last like twitch, because, like it just sparked everything like every stock, that's running like the last six months ran today like no correlation at all. They all just spiked. They all got crushed afterwards, but they all spiked. They did all spike too, like literally the most random.
Today too, like yeah half of them someone they all start not they all a lot of them started off as sympathies to dewok and fun, and then all of a sudden it was just random. It was like everything small dude this. No, but honestly, though, because we have a lot of people in small cap rockets, who are a little bit newer to trading they weren't around for the last hot market and people would be like, is this what the market was like back then i got thinking like. Oh, my god, this is what it was like in january february, because you not you i would the illiquid stuff would just pop like stuff that had no chart volume on the day would just pop because everything popped it was like. As soon as volume came in everyone chased, and so that like that was kind of like what today was like, there was a lot of really weird things that popped up like 50 cents and then just ripped like four dollars. It's crazy. It was freaking crazy out. There love it, though: momentum is back boys and girls.
It is. I think this is the real spark. We talked about this a lot in the office today, because there's quite a few traders here. Um like this is like the market's back.
This is 2021's spi. The market's back today there's a lot of stimulus coming down the pipe that comes out. It's like gasoline on a fire and we're going to see some crazy crazy. Is there actually stimulus coming like? Are there talk some more stimulus, 3.5 trillion, the biggest one? Yet it's gasoline on the fire dog - oh god, i didn't know that yeah who knows where we'll be in five ten years.
But, oh you know the next five ten months should be pretty fun. The plan is just make a lot of money in the next five. Ten months and then bail get to like iceland or something like what's gon na happen to iceland other than they might go under water. It's possible yeah, anything's possible.
So anyway, let's get into some charts. It is friday. It's cocktail friday, we're trying to relax, grab your cocktail yeah if you're drinking with us, the moscow mule and let's break down some charts here, all righty. Let's start off with dwok.
Just because, if you didn't see this, you probably have never traded a stock before and that's fine, but this has been the hottest thing in the past. Two days talked about that gap. Up had that parabolic push into open with the parabolic push for the halt up. Uh, it was like a 30 minute halt.
I think it was crazy yeah. It was very long which, during that 30 minute period, scary for well scary, but that's when everything out started just going crazy. But that's why it was scary, though, because i was like when is it going to unhaul and if it unhauls down we're? Oh i'm sorry. Usually the longest holes are like 10 minutes.
So once i get past that 10 minute mark, that's when i started and the long one's scary 15.. I was scared. It was not a circuit breaker yeah. It was scary um, but like that's like a move of.
Like short sellers now, like that's not like short stairs, are just screwed at that point, yeah, that was, that was a margin, call halt yeah. So, like literally, even though there was a crazy amount of opportunity out there today, like it like, if you weren't prepared, you didn't, have a plan or even experience like you, there's no guarantee you're gon na make money. There was a ton of opportunity, but just no guarantee of profits. No, and we were just talking before this too, like today.
I know a lot of longs and a lot of shorts who lost a lot of money like because if you chase the wrong spots and nothing really worked well, the end of the day, if you didn't hit that morning, momentum at the right spots as a long You're screwed and if you're caught early in any of these shorts or any of these movers, you are also very screwed yep. So today was definitely a lot of opportunity, but you had to be on point like this. Wasn't january february of 2021 was like you could literally just kind of almost buy whatever yeah it would probably go up for you today wasn't like that uh. Let's look at fun, quick, same story, parabolic um! Basically, if you watched me and roland's youtube live today, basically he's talking about how this was like rumored to have been a company that trump's campaign worked with in like 2019, that somehow got linked to dwock craziness yeah. This is uh, like literally textbook example of we have a sector leader yeah, which was dwock, and then we have fun which yeah we do have fun yeah. It was fun. I i really didn't even trade. I i kicked myself.
I almost bought it two dollars yesterday and just regret it so much. I feel so bad so me and mark you're matt's brother mark we're talking to the trading office yesterday after like right near closed news, do you think fun's a good swing? It's like! No! That's the lesson, though, and honestly it is, i don't know i didn't even realize this was something that was tied to trump yeah, he's completely honest. It came out a little like end of day or after hours yeah, but no. I was saying a textbook example of how you have a leader and then like a secondary leader, comes in that's what fun was that's, how it went from a dollar to 24, which is stupid.
What a wild unhaul! This is. So if i'm gon na be completely real, do you know what this chart reminds me of a lot right now is grom from the first day of the run to a bigger extent, same thing, though, if you kind of like break down like no one? No, i don't say no one. Most of the volume came in after the bounce here, so if this holds up for the next few days, not not expecting to retest 24, but it could be a fun push-up into like this gap here to 14 or so definitely something i'm going to keep an Eye on, but again it's also it's also still up 360 on the day. So all right, let's go over to gbhl for you.
I know you nailed this one today yeah, so this was uh, my second biggest trade of the day. I think they left like four or five k in on this one totally missed that opening spike right there. So the opening spike consolidation for like 10 minutes and then follow-up spike that is gorgeous. Oh that's, not what you had.
I didn't even hit it. I figured you hit here: no after the fake double bottom breakdown. I scooped up some shares right here right there perfect and then i sold into like that last high, the triple top, because i was like i've seen that i've traded otcs enough. I know exactly what's coming here and i sold uh lots of like 4k um. It was already up so much like, and that was the key to this trade. Like i knew my expectations, i knew i missed the ideal entry um. This was a potential. You know home run trade if you got in at that right time, at like 9, 35 or so um, i mean, like that's 100, move in like 10 minutes, not even 10 minutes but missed it.
So i got a secondary trade, still locked in 4k on it, and it just got clobbered the rest day. So i stopped even watching it very nice main trade of the day was on psalm, which was on my watch this as a sympathy play because we talked about it yesterday, but i i missed all these on the initial halts because i didn't want chase this one Dipped and then held that is gold for me. Gold yep bought it right there. Uh 7 500 shares got the next haul.
Oh beaut, i didn't know you had that much size, yeah baby. That's why yeah that's why? I guess that's why you made that 7 500 shares uh. I sold it like. I think what was i say: 605 i sold uh yeah yeah uh so got the next gave it a minute or two after the unhauled sold at 605 ended up going to 682.
After that, but once it holds like twice and like it starts to get real sketchy so um i locked in like 9k on that one um that was most of my day. I ended the day up just a little over 14 000., so beautiful my best day and a long time. My best week, in a long time, i was green every single day this week for those of you who counted mom trader out, he's back he's back and better than ever cheers to that. I finished that you're, an animal you know what they say.
I might be pounding some more of these tonight. Folks, it might be, might be. What are you talking about? No we're not going to might be. We are going to be pounding more of these markets back.
Let's have some fun. We've been talking about this for a long time. Basically, since we started small cap recap comment below. If i should buy bottle service tonight - oh boy, oh boy, um! I also took a trade on some.
I took 2500 shares here at um. Rode up into this hall sold a thousand at five bought another thousand at 460. uh and then sold into this push right here. Out of the halt up, i was happy with it.
It was a good trade symphony not as many shares as map, but i think i locked in about almost four grand on that one uh grom was my biggest trade today, although i piked out a lot of it early uh. Where were we right? I missed grom. I was looking for the same thing. I saw him as grom and it just didn't do it there was that pullback wasn't quite there, no well, and that's what that actually scared me out of a lot of my shares.
It didn't pull and that's. I know that sounds weird, but i personally have noticed this is something i've definitely noticed more recently, the best on the best on halts dip, pretty hard, not pretty hard but hard enough. We're like you're, either trapping some shorts in or like just trying to get in early, but you're not giving any buying opportunity if it's just going straight up um. If that makes any sense, i wanted a harder, a harder dip or a little bit of consolidation um. This candle scared me so i took 6 000 shares here at 439 sold 4500 here uh right a little over five held the rest up till like 650's uh. There are six twenties and six fifties good trade. It was i locked in five grand on that one. I think oh, where else were we mark, was a good little end of day scalp.
For me, what a squeeze after hours too oh rats, yeah, i had 20 000 shares here from 178. Unfortunately, i sold it was this to me, so this is the daily chart on this. One, don't even know why this was running, but it was a bounce trade daily bounce. Normally those do run into a bit of overhead resistance, so i played with that in mind.
Um and i sold into like the 190s, because i was just expecting a nice little scalp here level. Two is super heavy, like the ask was massive this whole way up um even through here. It was weird but ended up being really nice. I guess i really piked out on it now, looking back at it, that would have been a state of the 22nd yeah.
I don't know. Last night they filed that s3. I'm sure that has something to do with it. Oh, but it's very weird didn't run till the afternoon.
That is bizarre and then prague um. I actually got chopped up quite a bit on this. I lost about two grand in this chop, but i was also oversized right here. Uh no right here and i slowly got chopped out on this - dump chased it here sold on this stop so, but this is a great example of like a stock that wasn't related just ran recently.
Yep and d walk ran, fun, ran and everyone's like oh prague's, running now, no for, like literally no reason it ran and kind of similar with mark. I know they had that they actually had news but like this is not related to any of those stocks. But it's hot, but it's hot! No, i love it. I love it.
Man look at that. Did you say how much end of the day uh twelve five, twelve thousand five hundred patron rolling we're at what like 35 yeah about 35 grand on the day for the stocks to trade office? Let's go yeah what a day we finished the drink but cheers to y'all uh we can. We can squeeze out one more sip. Ah, in the words of timothy sykes 35k a day keeps the real job away.
Yeah i'd say so, although mathematics would say so too. If you lose 35 canada, you don't want to do that. That's a goal that you know we don't we have not to do not every day is created equal, but today's opportunity was pretty was off the charts, yeah and realistically, this probably heats the market up for another week or two and then we'll kind of gauge momentum From there, but wouldn't sure it wouldn't shock me if this was that push we need for a hot november, hot descent: oh the heating up of november, maybe a little slow for a week or two the holidays, then december january february. I'm glad we had this. I was getting a little nervous if you struggled today, you didn't make money today made bad trades today get in small cap rockets. Now is the time now is the time the trades are there. The plans are there, the community's there there's not a better community on the planet. There's not two better long traders in the world there there are there.
Are there? Are better law enforcers in the world that are willing to take the time uh to explain our thought processes, our trades share our ideas and just be there, it doesn't exist. I would no, i would actually agree like. I do think that me and matt is a duo and papa as well he's not on the show. We do a really really great job at taking time to really like it's a very personal kind of connection in that room.
It's very personal. You ask a question you're, getting a detailed answer. Yeah love it like! That's it's great, not a lot, not a lot of traders. Do that! No, they don't and that's why we're here! That's why we're here so come in! There learn from us be better than us and we'll buy you a drink.
Will we that's a challenge? You can buy us a drink there we go. So why are we gon na buy him a drink yeah? So thanks for watching cocktail, friday cheers one last time, but before you go make sure you like subscribe there'll, be a link for small cap rockets for anyone who's not in there check it out, click it join us. I can't wait to see you monday. Can i close this out yeah the opportunity i was just gon na say the opportunity is not done yet so you didn't, you might have missed today, but there's plenty more coming and in the words of midland people say, i've got a drinking problem, but i've got No problem drinking it all cheers to that.
We hope you guys enjoyed that last video thanks so much for watching and being a part of the stocks trade community - we wouldn't be here without you guys be sure to hit that like button and subscribe to the channel. If you haven't already, our goal is to get 100 000 subscribers by the end of the year, but we can't do it without your help. So if you enjoy what we're putting out and want to hear more, be sure to hit that subscribe, button i'll see you guys in the next video.
I was up a serious amount of money as a rocket into 175 and could not get out every time it came out of the halls ended up only 3K up. Love you guys thanks for all your briefings!
Great vid! Was in 68.60 at 7h am, was the best trade of my life. Highest and last sell order was at 140$! Its was an insane day
Here is a suggestion…….change that awful music.
Thanks for your regular information videos, just keep up the great work going and all shibs lovers informed.
<I respect your work because you are pointing people in the right direction, this is the FOMO october for incoming dip in November. It is manipulated but that can be a good thing if you understand it. We should all know that when these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple" that bear/ correction was the best thing that happened to me. but all thanks to Bruce Olsen for his amazing skills that helped me to earn 13 BTC through trading chart. I believe we are in the spring phase.
Great recap guys! I've learned a lot just buy watching these. Thanks!ππΎ But, as a side thought, it's so $Phuunny to watch the cocktail Friday's show @ .5 speed, you guys sound really drunk. π€£ Thanks again for all of the free info.βπΎπ―
Good job resetting and putting out decent content again!
Good job again guys! What about SGOC Bryce? Still holding support waiting for a major pop!
you all should do a one time "the week ahead" watchlist on youtube since were entering that hot market!
the only reason every stock spiked so great out the open was DWAC did you all know assume that would happen based off DWAC or what ..?
.,,AMAZON:
Yep, I bought a ton on the dip. It's getting cheaper relative to its current earnings (half compared to last year).
…With the Delta virus coming at full speed ahead, pandemic sales will make a comeback.
Amazon's not going anywhere so I know that eventually it will come back.
Fidelity considers Amazon as a large growth company (probably because as big as it is, it still only has 7% of the retail market)
buying via Amazon Smile donations donates some money to my favorite charity too!
Get on board or be runover, it's up to you.
Overhyped casino trades. And nobody lost when you look at twitterπ€£
you guys are GETTING BORING and I want to learn legit
PHUN was one one of the best shorts and longs of the year in my opinion π
I used to drink Moscow Mules in a frozen Copper mug. That was before I checked into chemical dependency unit.
Many people today go into trading because of greed the main reason why they created the online trading market was to improve the knowledge of some trader who are not using the right strategy to trade making it really difficult for them to profit that why before going into the trading market seek guidiance from A well experienced trading expert who will guide you on your trading journey
It would benefit everyone more to show exact entries and exits and thought process instead of just rambling on about other things. Being honest. Keep up the good work
Watch for $MARK on monday. Connected with $DWAC with family ties!
Joe kill the economy with inflation while Trump revive the market. 100% on PROG, got chopped up at the same area while missing MARK, but learned alot the way PROG form its consolidation wedges over vwap, will avoid next time, today market really makes longs adapt to the quick morning spike strats while in the afternoon the meats are mostly gone.
Hahaha Way to get after him Bryce!! Mono needs to be here everyday but Fridays until he drinks that Everclear crap
you guys are so great I really look forward to your recaps every day….very informative and highly entertaining. congrats on the big green day!
you didn't use copper cup for the mules so you have to do it again next Friday and lets all of us know how big of a difference it makes π
Sure has been a minute on phunware, you guy's are fantastic as always
Sad day for me went all in on PHUN on both of my account at 12 and 13 dollars got caught in the halt and blew up both accountsπ’π’π’
Matt has a better work ethic if he is in meetings all the time