The market's been taking a beating but today there was a little relief! Matt's breaking down his top watch, favorite strategy, and how taxes play a role in the slow December market. PLUS don't miss the newest StocksToTrade update!
⭐️🚀Check out the trial here: https://stockstotrade.info/3DZeCqi
🚨Follow Matt and Bryce on Twitter:
🔵 Matthew Monaco: https://twitter.com/mono_trader
🔵 Bryce Tuohey: https://twitter.com/TraderBryce
⚠️ (**Results not typical or guaranteed. Past performance is not indicative of future returns and financial investing is inherently risky.)
🌟 Follow StocksToTrade on social media:
Instagram: https://www.instagram.com/stockstotrade/
Facebook: https://www.facebook.com/StocksToTrade/
Twitter: https://twitter.com/StocksToTrade
TikTok: https://www.tiktok.com/ @stocks2trade
🔴 Ready to learn more? Check out the SteadyTrade Team: https://stockstotrade.info/3201TGE
🔴 Try StocksToTrade for $7: https://stockstotrade.info/3EVwbJh
📲 Download the STT app for iOS: https://apps.apple.com/us/app/stockstotrade-mobile/id1403963724
📲 Download the STT app for Android: https://play.google.com/store/apps/details?id=com.stockstotrade
🔴 Subscribe for more free Stock Trading tips: YouTube.com/StocksToTrade

👉Share this video with a fellow Trader: https://youtu.be/Wa7elqLQkyw
✅ Links we mention and recommend:
🔴Try StocksToTrade for $7: https://stockstotrade.info/3EVwbJh
🔴Get our FREE weekly watchlist here: https://stockstotrade.info/3qfKPVN
🔴Traders Blueprint Free Guide: https://stockstotrade.info/3slS80P
🔴Check out the SteadyTrade Podcast: https://steadytrade.com
✅ Recommended playlists:
🔴 Day Trading 101: https://stockstotrade.info/DT101P
🔴 SteadyTrade Podcast: https://stockstotrade.info/STPP
🔴 T.W.I.S.T: https://stockstotrade.info/TWISTP
🔴 PreMarket Prep: https://stockstotrade.info/PMPP
🔴 SteadyTrade Treats: https://stockstotrade.info/treatsP
🔴 Minute Tip Monday: https://stockstotrade.info/mtmP
🔴 Small Cap Recap: https://stockstotrade.info/recapP


#StockMarket #TradingRecap #Stocks
*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.

Man, i need to set that as like my alarm clock in the morning. I think because i've just listened to it so many times and it gets me amped up uh. So today's tuesday it is december uh the markets have been taking a beating. Today we got a little relief, a little slight bounce, uh lots going on um.

You know inflation's super high highest in 40 years. That's scary um. What was the other one? Oh it's december, so every december. What goes on in the markets is.

There's this tax loss selling right, so i don't want to get too technical, but basically like institutions, people funds have until the end of december, to get out of their positions, and then they can write those losses if their losses off on their taxes. For this year, 2021., so a lot of time. What you see, i'm, that's exactly why i'm sure, gme amc have been absolutely getting crushed. People are eating those losses because they can write them off on their taxes for the next year, um, which is a big deal and then leading into that that caused a lot of stocks in december, just get absolutely pummeled and then january.

We have this term called the january effect where, like all these stocks, all these really crappy stocks, the ones i've just gotten - absolutely beaten down pop off, and that's usually why, january and february are for small caps, the hottest months of the year every year year in Year out, it's always those months because of this tax loss selling and these stocks just kind of get over done to the downside and think about their penny stocks, like, of course, people are taking losses on them if they've been holding them for an entire year. So that's what's happening, there's a couple good trades in the market i'm going to go over. How are you guys? Let me know in the comments below uh while we're watching this. I actually got a really cool feature in stocks.

Trade stocks trade had an update today that i'm very pumped about so i'll, be talking about that. But let's pull up the charts here so going into today. Axx a was my main watch. I'm still kicking myself, because i really this breakout yesterday was so clean um and i just missed it.

There's no excuse, it was just horrible but great end of day trade. There um really wasn't a part of it. Today we got a morning spike and i was looking for this panic and we had this like i don't it's kind of a panic. It's not, though, uh like this dip, almost bachelors and there's a good bounce, and then i really thought we were going to see some panic here and it kind of just stalled out where what ideally would have happened is we would have gone five or sub five And then gotten a real true bounce.

I was watching it so closely. I was even watching at the end of the day, trying to see if we'd get a bounce back towards v wap volume, as you can see here, looking at the bottom, this chart just disappeared and, like axa, pretty much just wrote off tomorrow, i'll watch it not Really looking for anything but come thursday, i think we can see a possibility thursday friday, depending how it plays out possibility of a solid first green day, especially if it gets pummeled back to like three four cents, like this support zone near the old breakout um. The main one today was icoa um and i was telling small cap. I talked about quite a few times uh, given that a has run the last two three days.
You can see this chart, that's great. It's heating up otcs. I talked about it on my twitter. I was like, please otc's, be back it's kind of what we saw, nothing crazy, but icoa, because it hit my scanner icoa.

I was watching it all day. It was my main watch. The problem is the volume wasn't great, as you can see here, but still because axxa popped off yesterday. This is this is a move that we haven't seen really in the otc market.

Since early this year, a clean and a day move a breakout. This is like my bread and butter strategy. I don't know how much of my profits have come from this, but a large percentage, probably half, if not more, just a textbook trade. I really didn't capitalize on it very well, because because of that volume concern, however um like that trade right, there is what i will be looking for the end of this month january february, textbook um, honestly, the best trade i had today was - i didn't even take Very big size on it gme, as i was saying like if we look at this in the last two weeks.

Three weeks, we've gone from 250 to 130.. We've gotten clapped we're down 50 had no real relief. The stock market tried to bounce back. Today we had a good first green day move.

I took a very small piece of this into the afternoon sold up here at 148.50 um i had like 100 shares. I made like three and a half dollars a share or something like that. So pretty textbook trade uh icoa is definitely the the textbook bread and butter one that i'll be looking forward and axa we're watching going forward now for the cool feature stock straight update today, as many of you know - and we now have been talking about this for Months have live stream within the platform, so there's a new tab here called live. Typically, we just had this chat tab, but now you can open the live tab and you can have the small cab rocket chat here on the side and then you can watch us small cap rockets live here.

We're not live right now. Obviously, we're doing the recap, but in the morning when we do these live trades, small cap rocket members can watch it side by side all within one platform. It is super cool. You can just watch it again.

Uh, i'm not gon na pause that but like. If start, if you don't have stocks trade, like you know, we've been doing these live tradings on youtube. They're gon na come to an end, they're all gon na be within the platform and exclusive for small cap rockets, so we'll have a link below check it out. There's a trial, the team has been working really hard.
They put this really cool trial together for everyone so check it out get in on this. You can see papa this right here. I just hit watch now because the most recent video is a papa john, papa, webinar um and talk to us live watch. Us trade live like that's a dream of mine growing up in the training community to be able to see three really successful.

Traders chat with them watch their screens live. That's one of kind experience, so there's a link below click. It check it out, we'll be doing this i'll be live tomorrow. So i'm really excited about that.

So make sure you click the link and get in the room since you're. Here you know it's a holiday season spread it around spread. The joy spread, the love the market is slowly heating. Up again, you know the overall market took a beating, but penny stocks are just in their own world, especially otcs, which is the beauty of everything.

So you know exactly what i'm looking for, and i will break it down even more in small cap, but thanks for watching everyone click that like subscribe button - and i will see you tomorrow morning - cheers - i hope you all enjoyed that video thanks for watching the whole Thing and being part of the stock straight community - we wouldn't be here without all of you, so if you have not already make sure you hit that like button and subscribe to this channel, our goal at stockstraight is to reach a hundred thousand youtube subscribers. By the end of the year, so if you like the content, we're putting out - and you want to hear more - please please hit the subscribe button and i will see you in the next video.

By Stock Chat

where the coffee is hot and so is the chat

12 thoughts on “Small cap recap: matt’s stock market update a special announcement!”
  1. Avataaar/Circle Created with python_avatars Rocket says:

    So how much is is again and is it equal on max vs pc

  2. Avataaar/Circle Created with python_avatars Rob Okef says:

    Red Ranger

  3. Avataaar/Circle Created with python_avatars Peter Trojanowski says:

    Really need FLGC to go up again

  4. Avataaar/Circle Created with python_avatars Joey Lane says:

    If you have stocks to trade is the small caps rockets videos included free

  5. Avataaar/Circle Created with python_avatars Kmmoon Mh says:

    Really cool I loved the new update. Especially adding comma to level2 super helpful for watching OTCs

  6. Avataaar/Circle Created with python_avatars Yared Tsegaye Art says:

    Something's missing

  7. Avataaar/Circle Created with python_avatars Harry says:

    The live streams looks so helpful cant wait to use it!

  8. Avataaar/Circle Created with python_avatars Roger Merrigan says:

    glad i am in super rockets ha ha

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

    once i decided to start locking in profits at 2:1 or 3:1 when that initial spike stalls out instead of always trying to get the big picture moves ive been consistently winning again

  10. Avataaar/Circle Created with python_avatars Pete frislid says:

    Thanks Matt- $ICOA was on my watch all afternoon also cause of that mini swizzle it had. On watch tomorrow for sure especially if that volume comes in

  11. Avataaar/Circle Created with python_avatars Kevin Rogerson says:

    I am taking the week off work between christmas and new years .i feel this would be a good week to buy the stocks to trade trial .how do i go about it so i have it ready to rock on monday after xmas day???

  12. Avataaar/Circle Created with python_avatars Sean Denny says:

    Awesome!!!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.