Okay folks, so amongst the September shivers, the squeeze trend and as we approach a week where Fed Chairman Jerome Powell will give another one of his infamous and volatility inducing press conferences where he discusses tapering inflation and overall easy money policy, money, printer, go bur expectations. Well, with all this, you may be wondering Charlie, what are the top three stocks for this week and in this video, you're going to find out conclusively just that, as well as an update at the end on Ookabooga Amc. And before we get into all this, the only thing that I ask of you in return is that you hit that ravishing like button and also don't forget to subscribe either. Okay, so let's go ahead and start with an update on Crvs.

Okay, so on Friday we became aware of Crvs receiving Fda approval for their lymphoma treatment, and we briefed on it 30 minutes prior to market open. At the time it was trading roughly at four dollars a share. it sold off into Open, bounced off our redirectional Sma, and then launched to 7.1 which is like a 75 run, but Fda approvals are the golden goose of Catalyst Place. Generally an entire company's bottom line can be based on whether or not they get an approval, so that's why we spend so much time trying to track them.

And this was a catalyst. Play pure and simple my predictions? Well, I give a small chance of having another run tomorrow as news spread across the weekend, but if previous history and previous patterns and market psychology mean anything, this will die off. It'll die off. soon, and it'll die off.

Huge. probably to somewhere around that original after hours push on Thursday. Okay, moving on from that update. The first top stock that I'd like to talk about today is Sdc.

Friday morning I said Sdc, one of the top trending stocks on retail forms, and a previous multirunner showing what looks like some early stage growing strength again today, and it did have a quick early morning attempt, but context is key. You see, Sdc has successfully reversed its downward direction for the first time since the start of July with the continued break above our red directional Sma line here and it didn't breathe heading into the weekend, suggesting a high willingness to take on risk my thought process. Well, you have what Ortex reports to be just under 50 short interest and they are getting hungrier. You have an overall pump and dump uptrend aka a battleground that Shorts are losing thus far, Cell attacks have certainly managed to bring down pumps, but they have not managed to stop the overall uptrend.

The elephant in the room that we were discussing last week is that most short squeeze stocks run not because they're getting squeezed, but they run because a lot of people think they're about to get squeezed. And yes, if that sentiment stays around long enough, it could actually become a self-fulfilling prophecy, but practicality-wise on a year basis, this is a stock that has been plummeting since January highs, and it's now a stock that is edging very close to all-time lows. It hasn't traded this cheaply since the depths of the coveted crash, and the current run is brought in with volume that is at all time highest. Clearly, short sellers are not satisfied.

They are attempting to make more money off this uptrend. They were disappointed that they only got the three dollars, but now that it's already gone up a lot more past those lows, they're like, hey, it's time to eat again and in doing so, they're starting to overexpose themselves to what could be more bullish pressure in the future. So the question really right now is, do bulls pick up on this more next week and beat them at their own game Because the last two times it sold off from its euphoria runs, bulls have picked up on it and this time around, you have many, many more shares being traded and many, many more people paying attention. If you look at how actively Sdc was trading on Friday, you compare it to say Apple Apple traded 129 million shares On Friday, Sdc traded 138 million shares.

Now what is the available free float on Sdc? 99.47 million shares. What about Apple? 16.51 billion shares? Apple's float is 161 times Sdc's float. Yet, Sdc's buying pressure on Friday caused more shares to exchange hands than even Apples. Meanwhile, the store is actually a lot crazier because Sdc's available share count is likely even lower because a lot of institutions hold shares at institutions that aren't buying and selling this so effectively locked up shares.

The sheer amount of capital that has been willing to bid for the low amount of available shares is looking very, very well driven and retail followed, which to me suggests more staying power and a higher probability of further squeeze rallies when combined with Shorts entering into the collision course of scaling up during a period of time where longs are as well. When it comes down to accelerating buying pressure and accelerating selling pressure, eventually something has to give. It certainly is and will be a back and forth battle, but eventually there is a collision and one of the parties wins. So far, the Longs have been winning next Palantir Pltr.

So Pltr has been back and forth trading since its February sell-off but now we've broken post sell-off resistance for the first time in several quarters. The next resistance level is likely based around the bottom of the previous candle supports back in February, and the faster it can blow through resistance, the more momentum it is likely to attract. That being said, of course, technical analysis can very very quickly turn into horoscoping when gone too far, and you give Pltr a single day of very, very risk-off trading and this could tank back to 25 or 20 in the span of minutes. But the fact of the matter is that Pltr running up now and showing ability to bring in capital at the same time where growth funds as a whole symbolized by Arc haven't been able to get that same strength means that it's moving bullish against the grain.

Of course you also had shorts, abandoning the little conviction they had that this was overvalued. Not that they won't be back when it's opportune again, And a lot of this can be explained by Palantir's new partnership agreements, most notably with Wahoo. Palantir. recently partnered with Huehoe, which is a leader in connected vehicle data.

What the hell is that? Well, Ho basically collects oodles and oodles of data points across their network of nearly 11 million vehicles. Who would want that? Well, some examples are insurers who want statistics on accidents and car usage for their client base that can allow them to more accurately adjust risk premiums. Another example are fleets who want to track their vehicles, traffic controllers that want to learn how to better direct traffic which is needed in cities that I live in like L.a car manufacturers themselves who want to figure out how to make their cars more efficient, safer, and improve technology, companies that want to do remote diagnostics of cars, and most importantly, Huehoe's coverage of 95 of roads in the Us and transmission every one to three seconds from vehicles makes it a huge resource and asset for the autonomous vehicle race, one that is largely driven no pun intended by well, data collection. But any who a member of Palantir's leadership said this about the partnership.

Vast amounts of data require the robust integrated infrastructure foundry which of course is their leading platform provide in order to deliver new solutions, opportunities, and accelerated growth. Now people often ask why tons of companies and much more established companies like Microsoft or even government institutions don't just make their own data analysis software. Why do they need Palantirs? Well, they certainly do try, and many of them do have their own data analysis software, but remember that data analysis is an ever improving ever learning vehicle. The reason that Palantir software is so special is because it's not only been widely developed, but it's learned, adjusted and improved over the years thanks to its many oodles and oodles of clients.

The more data sets that it takes in and analyzes, the better it becomes. It's sort of like the software equivalent of having a new surgeon fresh out of med school and residency versus having a surgeon with decades of experience. They were both probably taught similar by the book academia skills. They both had similar training in residency, but one got to see many real world examples over decades and was able to fine-tune and adjust his strategies to be more holistic to each patient, to deal with complications, and to go the extra mile in terms of being useful.

And it's the same thing with volunteer software Palantir software brings with it the experience of analyzing billions of data points and the more clients it has, the more experience it gets and the more powerful its software is. A lot of folks don't know this, but Palantir's name was actually derived from the Lord of the Rings scene Stone, which is Palantiri and similar to that, Palantir software is a seeing stone that allows you to see things in the data that other companies can't show you. And the continued partnerships with Palantir and the latest with Wajo's partnership is a big endorsement of that in terms of the stock. Quite simply, this is a company that's all about software and people are speculating on the technology behind said software.

And regardless of where this goes tomorrow, next week, or even next year at the end of the day, it's the technology that's going to drive the growth. And you look at the applications of their software thus far and it's very, very easy to make the case for this going to much, much higher valuations sometime in the future. Okay, next Tmc. So you look at the chart of Tmc as a trader and what are you thinking? Well, you have about 10 trading days here on the chart and every single time it's sold off, it's gone on to pump up again, only to then sell off huge again.

And for you Rsi traders, you already know where I'm going with this. Every time it's hit the oversold line, it's gone on to another cycle of overbind. Why is that relevant? Well, because we just hit that oversold line and are in the lower end of the cycle. If that pattern repeats, it should bounce to a higher resistance level over buying level then the 1575 it previously hit a few trading days ago.

Long-term context, though, is that this has stagnated for the better part of 2021 in the High Nines low Tens region in its S-pac stage, which of course was close to its S-pac cash value. But once the merger went through early September, it started getting picked up on retail forms as a new hype stock, and with Tmc's worst cell storm bringing it for a bit to 831, I'd argue that's likely the new lower end support level. Pmc is in the industry as a potential part of the supply chain for Ev battery materials, which solidifies it as an ongoing hype sector member, And truth be told, the characteristics of Post S Packs include a ton of gray area in terms of which shares are or aren't freely traded, which shares are in lockups, how redemptions play in, and quite frankly, this comes in a market condition where retail likes to come together to buy up stocks with lower available floats that also have a previous history of building on momentum, suggesting to me that now that Tmc is back in its oversold region, it has a high chance of continuing on to rally. Now if you're being extra cautious with this, I would say the best, cleanest way to play this would be to let the sucker fall back down to at least previous support in the mid-eights and then show some proof of concept, likely of which would happen in the pre-market or the after hours.

What is proof of concept? Well, it's running the ability to run. okay. Lastly, a bonus: Amc. So Amc has failed to hold 50, but its activity the last few weeks has managed to broaden its channel.

The channel thus far has extended to a range of 40 to 53 dollars, with 40 dollars being the level not just at which Amc would likely find support, but also the level at which it would be attempting a change of direction below our red directional Sma line, creating a very, very relevant area of support right there at forty dollars. Previous patterns suggest that Amc is able to hold and bring buyers in at that 40 level, and I understand that there's a lot of speculation and a lot of folks upset at the recent sell-off and people are citing short attacks. But another possible explanation here is the increasing buying pressure of whales and how that is affecting the stock. Let's say you're a whale at this price point.

You know that by buying a ton of Amc, you can not only stick it to your competitors who are short this, but also rile up retail traders, rile up retail traders into buying in after you, and then dump it and swallow up that capital on the way down. a few days later. there's also a number of short-term bullish games that short sellers can play in this, exploiting temporary uptrends and then accelerating downtrends. But I think that overall, more than anything Amc is an enthusiasm game.

The reason that Amc has been able to hold much of its early summer rally where most other squeezers have died off within a few days is because enthusiasm for the stock has been relentless. When you understand the role of enthusiasm as the main powerhouse here, you start to understand more of why: Good fundamental news like Disney releasing its features in theaters. First, Amc getting more into Sports entertainment and Amc Gamestop partnerships. Why those are relevant Despite obviously Anc not trading on the fundamentals, because they bring up enthusiasm, People start saying hey, hey, I'm buying a company that's actually trying to build themselves and recover and actually grow.

Obviously, I don't think that movie theaters are the most exciting industry, but when it comes down to what moves Amc, it's enthusiasm. And the more positive catalysts that come out for Amc, the more enthusiasm you get. And I think that in totality, unlike most of the other short squeezers, the vast majority of people don't seem to be in this for a quick buck, which is what has allowed it to have such long winded stain pressure. Anyways, folks that caps off the video.

If you have any questions, feel free to reach out to us below or join us on Zip Trader Circle if you'd like to learn how to trade. With our step-by-step lessons, our private chat, and of course our daily morning briefings, well I'll go ahead and put a link to Ziptraderu below coupon code footstopper50. We'll get you 50 bucks off before checkout if you're wondering what broker to trade these stocks on. Well, we'd like to send new traders over to Weeble and they will give you two free stocks when you sign up and deposit with just five dollars using our link below.

Anyways, that caps off the video. have a good one and I'll see you in the next one.