Oh, rocky Start to 2021 folks. Fairly strong pre-market and then the market opened and wham a sea of red as far as the eye can see. Funny thing is that the plays that did really well today were actually some of the ones that were very popular in our communities like Neo Lee I mean, even Tattooed Chef. It was rocky, but it certainly held itself today rather well.

Meanwhile, Uvxy the Fear index was up about 15 plus percent today and Bngo just insane. and we will be talking about price updates on all of these and more in a few minutes. But first, let's talk about what the deal is with this sea of red. Well possible culprits.

Number One: uncertainty around the Georgia Senate election that will determine whether Republicans or Democrats control the Senate. Obviously, the results of this will dramatically shift the sort of legislation that can actually be passed in 2021 and beyond. Much of the legislation has to do with corporate tax rates, wall street regulation, and the overall business climate, as well as how easy it's going to be for the government to pass such legislation. The second reason for this cooling off? Well, more bad news from Kovid.

Despite the vaccine, we are still struggling intensely with this damn virus. This bastard just won't leave us alone, will it folks? And with this new variant spreading in the United States and with the Uk imposing a national lockdown because of the variant, people are very spooked and I think that's a big factor of the sell-off Number three: Just generalized profit taking in the grand scheme of things. Today's sell-off really didn't mean much. this is just another day in the park.

Sure, it was a little bit more aggressive than your average sell-off day, but still, at the end of the day, the market has factored in such a smooth recovery and has gone up so much that it's very easy for people to now be spooked and say you know what, the price it's trading at right now just ain't worth it. I think that at certain points people look at things like Microsoft, Apple, and Facebook and they say okay, well, there's a lot of upside here, but hey, maybe I can get a better return if I go into some sort of new disruptive companies that have a lot of promise. And that's what funds like Arc have captured really well, that spirit of looking for disruptive industries to get your return. I do think we're going to have seen a lot of larger funds start putting more and more capital into these smaller disruptive companies because they need to chase a higher return.

But anyways, enough with the market commentating. Let's go ahead and get to the good stuff. What do we need to know about with the big plays? Well, let's start with Baba Baba Goshipa Baba. The rumor is that amongst the Chinese crackdown of baba, the famous Ceo Jack Ma is missing.

This rumor has spread like wildfire all over the internet and my take on this at first was like okay, this is probably just a rumor and should create a dipping pressure that we can buy, but now it's been spreading for like 48 hours and I'll admit if we don't hear something in the next few days, I'm going to start getting a little bit worried. I mean, we have to imagine that at this point if Jack Ma even opened his phone and went on the Internet, he'd see the rumors or someone around the world must have called Jack Ma and told him that these rumors are spreading around the world. The longer this takes to become clear, the more suspicious this looks. But no, I don't think that he's been quote disappeared.

Take this with a grain of salt, but I do not think that it would be in China's best interest to silence the poster boy for their economic success. Not only that, but if it turns out that China is disappearing, their biggest Ceos. That would destroy investor confidence in China. Do you know how much money international market pours into China? You know how many funds in the United States and in Europe and all over the world pour money into the Chinese market because they see a lot of potential.

Do you know what would happen if China started disappearing? The most prominent Ceos that control these companies? That would be a disaster. China is a sketchy market to invest in regardless, but over the last 20 years they've made huge strides in increasing investor confidence. So I think that at worst, if I was speculating, I think that Jack Ma was asked to step down. He just hasn't wanted to come public with that yet.

But yes, when we talk about Chinese companies, this is what I refer to. When I talk about the China premium. You get the potential of a premium return for dealing with the extra added risk. So in totality, I see Baba making it through this.

If Jack Mall has to step down, that could take a little longer, but hey, I see it making through this. Okay Neo, I'm very happy with Neo today. Did you guys like Neo today? We've been talking about a pre-anticipatory run for months and we finally got a huge run towards the end of the week. I certainly think we could see some pressure to get back or even past those all-time highs.

and Neo Day is coming up on Saturday and Neo Day is a big deal. and also Nina's fundamentals are much, much stronger than they were just a few months ago when they were lost at all-time highs. And combining that with the anticipation for Neoday, well, I see a good storm for some upside. Even today's rally that lost strength ended up regaining it later on, just showing the rebound power of Neo.

where the Colt likes to go ahead and buy each and every dip, causing it to go back up. And we have four more trading days this week and I wouldn't be shocked if at least one or two of them are big rallies. Okay Bngo, Everybody wants to hear about Bngo 133 plus percent on the day. Just a few trading periods ago it was at 55 cents and now it's at 7.24 cents.

Just insane. This is a genome sequencing stock that is apt to benefit from a rising demand for genetic testing and people keep asking why I haven't been talking about Bng0 on this channel, Even though at the same time as this has been rallying, I have been briefing on it for Zip Trader Eu members. I briefed on it here here and here during its uptrend and honestly, I didn't know how far this was going to run. I briefed on it because I saw opportunity, but I also saw a lot of risk.

This could easily have gone down 50 today. Another reason that we haven't been talking about it on the channel is because I didn't feel that it was responsible to talk about this on the public channel. Bngo is a advanced trade that needs risk management because something that goes from 50 cents to 7 this quick is just screaming for a pullback and me talking about it is just going to add to that hype train. But when it comes to my morning briefings, Ziptraderu members know that the expectation is that these can violently cool off at any point and our members have actually taken the time to study how to manage risk and thus have realistic expectations that these are short-term trades and have a clear exit plan.

Plays like these are plays that you need more than a five-second walk through on risk management with. I do not feel comfortable recommending a stock that can dive 40 plus in a day when I know that a lot of my viewers haven't had the chance to learn proper risk management or even understand what an exit plan looks like. Just look at Qs today. How many new traders do you think blew up buying Qs? because they thought the uptrend would last forever? Probably a lot.

and Qs was a big one that everybody was talking about like a week or so ago. If you were somebody who looked at Qs and you had no idea when to exit, well, you were probably somebody that hasn't had the time yet. You haven't been given the opportunity yet to learn risk management and I do not want to rob you of that opportunity and that is why we don't talk about a lot of these big runners. So anyways, I didn't want to talk about this one, but a lot of you have asked me and this is basically why I've refrained from talking about Bngo.

Okay, Workhorse. They were up today on a new contract for over 1800 vehicles. We've been talking about contracts in workhorse for a while, and workhorses need to get more orders to serve as a catalyst to boost its deflated share price, and this may be the first start event. Obviously, Workhorse is in the running for several other contracts, and if we can get some of those, this might be something that we need to actually wake up this monster.

Let's wake this sleeping monster up. or should I say sleeping horse up. Okay, Hooyah. I made a whole case for Huya last week to be a long-term runner and undervalued play, and admittedly, the timing was a bit opportune on my part because it was oversold and increasing and had a pattern of selling off and then recovering after and whatnot.

So that was also an elevating factor, but I still wanted it to be cheaper. To be honest. nonetheless, Huya is certainly testing a break of direction. It's performed quite well.

A lot of people said this was just gonna keep going down forever, but I see who you're trading much, much higher in the next three to six months, and in terms of when that can happen, if we can get this breakout past this previous high, that could come a lot sooner than I thought. Okay, Julia, very rough day for Jumia. Many of you know that Jumia is the African Amazon that I've been excited about for a while, and one that I really believe in. my take on Jumia is that if you've done the research yourself and are willing to buy at dips and just hold through the rockiness, this is an excellent place.

I set that at this dip and I'll say that again, even if this dips lower. But why is Jumia cooling off? Well, let's be real. A lot of the upside for Jumia is based on future growth projections, which are very, very forward-looking when it comes to a market like Africa. Forward-looking projections need proof of concept or hype, But with Jumia, we have no catalyst, no update on concept, and no hype, and that's something that can be expected.

A lot of companies don't have 510 catalysts a month like Neo does or like Tesla does, so I could certainly see it settle down lower until one of those things goes through. Maybe the next catalyst is in the form of an earnings, maybe a new product or service launch or something of that sort. but it doesn't have to be right now and it certainly could take a month or two. But I do personally believe in Jumia and I have a long-term bullish outlook.

I will only change my bullish outlook if it fails a few earnings reports. Okay, Lastly, let me finish with Lee. So we talked yesterday about how my thought process on Lee is that it's dramatically undervalued given its standing in the Chinese eevee race, and it's pushed up a decent amount today. I think the one thing that we've learned in the last four days of all the bullish delivery numbers and market potential in China is that the Eevee hype train is still alive and well in 2021.

and Lee is one of the most underrated Eevee stocks right now. And with global exposure expanding, I have a hard time believing that Lee isn't going to be reaching back to that 40 to 45 dollar range. But with Neoday Sympathy runs this week, I'd say that we have a chance that this gets there sooner rather than later. And I'd also say that anything in the low 30s is a decent entry.

If it goes even below that, more power to you. Okay folks, Well, if you have any questions, feel free to reach out to us in the comment section below or join us on the lovely Zip Trader Circle Facebook group if you'd like to learn how to trade, would like access to our private chat and of course our daily morning briefings. We also offer Ziptraderu, which I'll go ahead and put the link for in the description below. And of course, if you're wondering what broker to trade these stocks on, well, we like to always send new traders over to Weeble.

Weeble is an excellent platform that allows pre-market and after hours trading, which is very important when it comes to being a trader because a lot of the move happens in the pre-market In the after round, using something like Weeble allows you access to that and they are offering four free stocks if you both sign up and deposit with our link in the description below And those free stocks can be valued up to quite a lot. So if you are interested in Weeble, go ahead and check it out in the description below. Anyways, folks, have a great day and I'll see you in the next video.