After a bullish week in the stock market one that went he ha he ha and was accompanied by a surprising jobs report but also doused by increasing beard bug cases, many are returning back to this glorious spot to ask just one simple question, a question to end all question with an answer to end all answers. And that question is what? What? Charlie are the top three stocks for this week? Well my friends in this video, you were going to be learning about the top three stocks for this week, But before we get into it, let's go ahead and recap last week's picks. Okay, in last week's top three stocks video, we started out with Facebook. At that time, it had just gotten beaten down around 10% on news that advertisers were pulling their ads from the platform.

We talked about how strong emotional reactions caused the best overreaction corrections and thus we wanted to trade off the overreaction correction. Once we hit a bottom, it found its BOD of Monday morning at 206 3 and ran up to nearly 241 which is almost 20% of a run. Now a lot of people will say but surely 20% that's week I'm wrong I don't what deeper set runs but the people that say 20% is a weak return are the same ones that say that our FDA approval plays. They go up 80% They say those are just too dangerous so again, you can't have it both ways.

The biggest catalyst plays tend to be the fastest to run and that's the most dangerous, whereas these overreaction beat downs tend to be a lot more slower and more consistent. Next we talked about Twitter Tweet Tweet Tweet Tweet tweet Twitter Had a similar situation where it was getting beaten down on advertisers dropping out. It found its bought a Monday and ran up to 31 50 before letting off some steam. Pretty solid.

Oh, and next we talked about AMD Now AMD is a comeback hing. So we acknowledged that we were at oversold and that historically binded it over, stalled and holding out to overbought always resulted in a good position. Now on, Monday we got more overselling, but then we had oversold an increasing that ran up to overbought late last week. Pretty solid oversold too.

Overbought correction play. And lastly, last week we talked about our volatility indices as implied volatility and fear went down last week. Well, our lovely Svx. Why? Rihanna Tons of great opportunities there.

It's great to have volatility indices in your toolbox. but anyways, I Know that a lot of people watch these videos and they just sort of dabble in my picks. Again, it's fine to just I Guess treated as gamble plays if you're not really interested in making money over the long run. but if you're actually interested in making money over the long run.

I Challenge You just take some time to be intentional with your training. Take some time to find good setups I Always talk about trading like a spoiled brat and all that that means is just making sure that you're getting high quality setups, making sure that you refuse. You refuse to trade on anything that's not a perfect setup. Perfect.

Does it mean that it's guaranteed to go up? It just means that it's so good that it convinces you to take a position. Do not convince yourself that it's a good setup. Let the stock market convince you that it's a good setup. But I do want to address one thing before we get into the video and that is why I'm so calm in my videos.

Well, it's because of very diligent meditation. Holmes Is a traitor traitor traitor Hum Zip Zip Zip traitor traitor traitor I Am channeling my inner ravishing this I Am channeling your inner ravishing Ness Make sure to hit that ravishing like button if you haven't already. Also, a quick plug I Hope that everybody had a fantastic 4th of July weekend. but for those of you who are unaware, instead of having a July 4th sale on Zip Trader you I decided to just extend this day home 2020 discount code.

So that means that if you want to get $50 off Zip Trader you all you have to do is type in stay home 20 20 at that Add coupon spot at checkout and I don't want to ramble too much but Zip Trader you is our structured course and private tutor and chat for folks who are looking to be forged into traders and appreciate the structure that comes with being in a course. We'll leave the link below if you want to look more into it. Ok, so to start Mu. Now Mu is a lovely tech company that was healthy, pre covered, but during Kovat is uniquely placed to benefit from the increase in demand for cloud computing, 5g wireless networks, and new generations of microchips.

Mu is micron technology and this is a stock setup that we call a combat cane comeback. King Folks, prepare for your majesty. But I come back King is when we have the volatility go so consistently, up and down and up and down that if we acknowledge this over selling and over buy and we can take advantage of it Now, part of the reason that Mu has this is because it overreact so quickly to news below up the chart and we can see our overreaction to earnings and that subsequent correction downward. But here is the thing we know that Mu is a comeback hing.

That means that buying in at oversold at any point in the past has given us a great entry point. Well, that pattern continued forever. Obviously not. Hell no.

But while it's here, we need to acknowledge it and use risk management to control the chance that it breaks. Because now that we just went over bought after the earnings announcement, we are now selling back off and crossing down into fair value territory. It won't take much more of a dip for this to get back to oversold and what it does and show signs of increasing Boom. That's when we pounce wah-ha-ha-ha Fox wah ha ha.

Well, let's understand the fundamentals behind this as well. Mu is in a period where we just had blockbuster earning September 2019, we reported four Point Eight, Seven billion December 2019 Five Point One Four billion And then Boom Beer Buck hits Four Point Eight billion. And now mid beer bug, we are at Five Point Four Four billion. Like sure slight dip.

but if you average this out, it doesn't even make it outside a standard deviation. But Charlie We are traitors. Who cares if the earnings are good? Who cares if the earnings are fairly flat? Well, it's because of fundamental backing. That means we have more structure and stability in our positions.

If we are trading stocks that are inconsistent up trends and are healthy, fundamentally, that creates a more stable position for us to trade off of. And if you combine that with a solid pattern play, It's a fruitful position. But think of it this way: if we sell off to oversold again, we are literally in the same fundamental shape as we were in here. In fact, we are in the same shape as we were throughout this consistent uptrend.

But because of emotional sell-offs, we have this newfound margin that we can trade off of. So what do we want? Well, we want this to be oversold again and then we're going to exploit it when we see a set up on that. Also worth noting that or analyst monkey friends are giving it 32 percent of Upside to Sixty Six dollars. and this was largely within the last few weeks as Mu blew away analyst price targets.

And no, don't get confused folks, this ain't no zoo. We don't listen to the analysts monkeys. It just worth noting or their opinions lie because a ton of people do listen to them and this helps us check to see what the crowd is thinking. Okay next.

so news came out today that Warren Buffett's famous Berkshire Hathaway is buying Dominion Energy's natural gas assets for ten billion dollars. This is a big deal, not just because of the acquisition price, but because this is the first major purchase from Berkshire or Berkshire since the crisis began. Two things I've never been known for are my pronunciation in my Spanish no hablo Espanol folks. But anyways, Berkshire has built a reputation for themselves of being the smart money within the market and where they go.

Many follow up. but what does purchased? They will carry 18% of all Interstate natural gas transmission. But Charlie Why do we care as traders? Well, because this puts the focus this week on ticker symbol D Dominion Energy Dominion Energy is an East Coast power and utility company that is increasingly going into sustainable energy and making investments in that direction. It's also been quite flat since the original beer bug beatdown and recovery earlier this year, as this is a company that supplies electricity to many major metropolitan areas on the East Coast but they are having their natural gas assets bought for four billion in cash and getting their five point seven billion in debt acquired.

An authority stated that it's going to be using part of this to do stock buybacks later in the year. But what do stock buybacks do while they take shares out of circulation and increase the current share prices for those already holding huge elevating factor. And if people are anticipating this, this creates a well, pre anticipatory run-up. But here's the thing you see: the deal hasn't actually gone through yet, it's pending regulatory approval, and because there's a lot of moving pieces still in flux, we earn our margin for profit in this margin of uncertainty.

If the deal had already been approved, I wouldn't be talking about it because it would result in an immediate gap up and open because this would be a sure thing. but because it's still subject to approval and because there's a lot of moving pieces still in flux, you can still earn our margin for profit in this margin of uncertainty. and the influx of volume and capital interest this week will provide setups for us to train off of in Dominion Energy. and that is why it is on this list.

But combining all this information with Dominion Energies logs Supreme Court Win over the Pipeline Dominion Energy is looking to have some solvent opportunities this week, by the way. Random rant I Just keep getting so many comments from folks who are like Charlie: Trading is unethical. It is unethical to trade off fluctuations of stocks. Yeah, well, your face is unethical.

and I don't say anything bad about your face. Ok, quick bonus before we go on to the last one now, a NDP will be having their FDA approval decision tomorrow, but it's been a bit of a floppy fish. There's no news out right now and literally doesn't seem to have anyone anticipating it. It's also in a bit of a PR nightmare with a high publicity lawsuit filed by the state of New York and Governor Cuomo in response to their connection with the opioid crisis and the allegations that the company misrepresented the safety and efficacy of its opioid drugs.

But an approval would still bring in a ton of investor volume and so it's extremely important to have this on your radar for early this week if it gets disapproved. Combined with this bad publicity that would cause a beautiful overreaction, a beautiful downward overreaction that we can then go and train off of if it gets shockingly approved, will likely have setups to trade as well who win Who end folks. But do not think of randomly holding this. If you decide to randomly hold this.

just think of what your mother would say. She'd say son or daughter, don't randomly hold this. This is a company that has tons of things going against it and it's just for trading short-term movement. Okay, lastly, Oil and Gas.

Now, we haven't spoken about Gush nor Drip for quite a while, but gush goes up when oil and gas go up and drip goes up when they go down. These are inverse Etf pairs or Egn pairs, and with new spikes in cases and new, potentially looming lockdowns, it's likely we'll see some more volatility in oil and gas as we saw before and even last week, we saw several clean runs on both drip and Gush here here here and here. And we love clean runs, But the key with these is playing the partner that is in an upward direction overall red direction less and mayline and avoiding it when there isn't a clear direction such as when it goes breaking back and forth. Okay folks, well I do hope this video was helpful for you.

If you have any questions, feel free to reach out to us in the comment section below or join us on zip Raider Circle Unzipped Raider Circle You'll have access to our nightly Facebook watch lists. We also post them every night in our free discord. But in order to join that free discord, you will need to join the Facebook group because the links there have to do that because if I don't then all these little Bitcoin bullets go and they advertise on my server and it's just a pain to get out. so so instead I just post it in our private Facebook group.

So if you do want to join it, you just have to go in the Facebook group. But things like the link in the Facebook group on the Nightly Watch lists. But anyways, folks, I challenge you to have a plan and be intentional with every trading decision you make this week and take some time to journal right, write down what you did right, what you did wrong, and what you're going to improve on. That way, each loss isn't really a loss, but it's actually a gain in experience.

And lastly, if you are wondering what broker to trade these stocks on, well, Weibo is offering you not one but two free stocks if you both sign up and deposit with our link below and they're a very powerful platform and you might as well check them out if you are broker curious. Anyways, folks, good luck on the battlefields this week and well I'll see you in the next video.