In this video, we are going to be talking about the top three stocks for this week, but of course I do want to remind you you will not make money consistently by following the herd. You can't just follow picks and expect to make money To be quite honest with you, If it were that easy, everybody would be doing it. Everyone would be little sheep. Simply put, the sheep mentality does not work with the stock market in these watchlist videos.

I present some of my favorite opportunities and I present some strategies to take advantage of them. But these are stocks that you're of course going to need to have a plan with. You're going to need to have a concrete entry point and a concrete exit point and you're going to need to execute on that regardless of what your emotions are telling you. The stock market does not care about your feelings.

so folks always have a plan when you're trading these stocks. I Always like to give the example of one of my previous picks: a DMA Now a DMA ran up massively on April 2nd due to an FDA approval and then it got beat down like a rabid dog. But if you had just bought it randomly and then sold it whenever you felt like it was the right time, you likely would have lost money. So make sure that you are using these lists appropriately.

Don't just buy in blindly. Make sure to use the opportunities presented in these videos to go out and do your own due diligence. But in any case, the only thing I ask of you in return for all of the work that goes into these videos is that you hit that ravishing like button. It is really quite a ravishing time.

I Guarantee it of course, don't forget to subscribe for more short, sweet and simplified videos on how to trade the stock market. Okay, so before we begin, I Always get questions from new folks who are wondering what broker to trade these stocks on now. I Have always recommended the new traders start with We Bowl. We Bull has commissioned free Trades, a platform specifically curtailed for traders.

But moreover, they really have some neat trading tools such as After Hours Runners Earnings Expectation, Beaters, and Oodles and Oodles more. So make sure to check them out if you haven't already. And of course, if you sign up with our link below, you will get an extra free stock just for doing so while also supporting the channel. Now at Zip Trader! We love love love Top Losers.

Since every news reaction in the stock market is an overreaction, there is nothing we love more than taking advantage of stocks that get beat down like winter gnomes in the summertime. Now MDP is an American media company and aside from cost and accusations of being fake news, they've just suffered their worst stock decline since 1986 by you see, I Love companies that are struggling We add. Zip Trader Love nothing more than struggling and this of course is one of the better companies that I've talked about. But I Like talking about companies that are struggling because they almost are always over discounted.

Everybody overreacts. If something's good, it's great. If something's bad, it's the worst. So knowing this, we can go forward and trade off the price action and MDP has been trading from 40 to 60 for many months.

But then on the fifth, they came out with a poor forecast, acknowledging that their acquisition of Time Inc isn't delivering that payoff they had hoped for. But we don't just buy stocks that get beat down like rabid dogs. We buy them because they show signs of a recovery. We aren't buying dead dogs on the side of the street.

You want to make sure that you're seeing signs of a recovery And looking at the beatdown. we have overreaction lows at 31 43 and ever since then we've seen some running up in price strength over our short term Blue SMA Line: What I'm going to be looking for this week is some price strength over that Blue short term SMA Line: We have some good upper tension from thirty five, fifty to forty four pre overreaction, and barely any downward potential from 3552 overreaction lows at 31 43. but this is not a position to hold long term. Quite frankly, we are already in a downward direction, and thus most of the gain will be seen not in the creation of more value, but in the correction from the overreaction.

Okay, now I do want to take a moment to talk about where I've been, finding a little bit of the extra consistency that we're looking for in these market conditions. As you know, being a trader is all about finding opportunities that bring the most consistent profits and current market condition. I Found Jaehnig and it's inverse JD St to be extremely valuable and as of last week we've seen the last two trading sessions provide a ton of upward price direction and JD St and the last trading session this morning when I filmed the video, it was traded up as well and people always asked me Charlie how do you pick which of the inverse de trade which one is it that you choose Because remember both J Doug and JD St are complete inverses of each other. So when Jane Doe goes up, J DST goes down, and when J DST goes down, Jano goes up.

Picking which to trade is very simple. we're just looking for the one that has the upper direction at any given moment. For example, a few hours in Friday, we broke into an upward direction on JD St and so it's optimal at that point to focus on JD St. But earlier in that morning we were in an upward direction on Jane ugh.

so it made sense to focus on Jane ugh. And on days where it simply can't make up its mind and it can't pick a direction, then it makes sense to avoid them entirely. There are tons of opportunities with inverse pears. There are tons of other opportunities in the market, so if you're not seeing the perfect setup that you want for your inverse pear, then don't rate them.

I Always say trade like a spoiled brat. Do not pick any setup that is not perfect. So AR DX Now I've put this pic second because quite frankly it is still very overextended and it started running up this morning. But I've spoken about AR DX a few times and they are going to have an FDA approval decision on September 12th.

They had a positive phase data released last week which caused this original run-up. but since every reaction in the stock market is an overreaction, we've seen it get beat down. But what has really surprised me here is that we really haven't seen that much in terms of running up except for what we saw this morning. But the catalyst itself is going to be on the 12th.

But I'd say that the one thing that's stopping it from really running up is the fact that we had this massive run up and that probably already factored in the anticipation for the new catalyst, but it's a little bit too close to call. You see a lot of times when something runs up in anticipation, it'll do it beforehand and the one the actual news event comes out, then it doesn't really run up, it just gets beat down or corrected downwards. So if we're going to trade this properly I'd look to see signs of a price strength confirmation and would pay close attention to height and volume and anticipatory runs eight. RDX does have a long history of spiking up on news events, most notably, last week it was around that same one drug that's on FDA approval this week, so it is not unlikely that we will see another opportunity.

But the fact of the matter right now is that it is still overextended, so that is quite worrisome to me. When we trade, we look for a system of elevating versus deprecating factors. We want to have more elevating factors that are pushing the odds of success more in our favor versus deprecating factors that are obviously turning against us. And when it comes to a position like this, being overextended before a catalyst, that is a huge deprecating factor.

So keep a lookout for opportunities to buy in at a price, right. But also, folks, make sure that you're getting in at a good deal because you better bet that there's a lot of downward potential. Okay, so I want to talk about Zere's now? X-ers will have an FDA approval on September 10th for their drug for hypoglycemia Now September 10th is Tuesday tomorrow And personally, I've been quite disappointed with X-ers as price action. in fact, I've been watching zeros for quite some time and it's price action has been nothing short of pathetic.

We really haven't seen much action in anticipation of the current news event, and it seems that this play has largely gone unnoticed. This isn't really that uncommon for Biotech plays. Biotech in the sector is very inefficient. Prices Update: Very slow.

It's very, very laggy, but in terms of the current price action for the last month, it's pretty much just been fighting back and forth over our directional SMA line the one in red. We love socks that are above our red directional SMA lot because that means that we are in an upward direction. but Sears keeps finding between up and down trends so we don't have a clear direction as of yet. But Zeros is one of those pesky bastards that just can't can't pick a direction like I mentioned earlier, we need to have a clear direction in order to take advantage of it.

So why is it that I am mentioning it if it doesn't have a clear direction? Well, since its FDA decision is on September 10th, it'll be worth watching for signs of price action to trade off of. but I would like to see it break into an upper direction before considering taking a position X Ers is trending down long term, so a position with an upper direction will be required I'd Also, be on the lookout for a higher volume increase if this FDA announcement is actually price driving, then that FDA announcement should provide some opportunity for us as traders. Okay, well folks I Hope that this video was helpful. If you have any questions whatsoever, feel free to reach out to us below or join our free Zip Trader Circle Facebook group the link for that is in the description.

If you haven't already, make sure to hit that ravishing like button and also subscribe for more short sweet and simplified videos on how to trade the stock market. Anyways, folks I really appreciate you taking the time to watch this video I Hope that I was able to provide some value to you and just as a quick bonus I have had a lot of people ask me about different resources and different things that they could use to better themselves as traders. so I did want to give you a little bit of an idea of where you can find some really good resources that are of course free to you. All you have to do is go to the Zip Trader Circle Facebook group which again that link is in the description below.

It's a completely free Facebook group. You don't charge for anything in Zip Trader and then you go over to files and then you can of course scroll through and see all of the different files that our members have uploaded. And this is one of the great things about a community of our size because there's tons and tons of resources that people share and tons of things that are really excellent for you to sort of grow yourself as a trader and grow your skillset. Now, these aren't necessarily resources that I endorse, but there are tons of different viewpoints and different things that you may or may not benefit from, so make sure you check them out.

Of course, if you'd also like to find Biopharma pics, all you have to do is go to Biopharma Catalyst Comm and go over QD Fda calendar and you can see all of the different dates at which FDA events will be happening. Putas is the FDA approval date phase 3 blah blah blah. And of course, if you'd like to read up on what different phases are and what the significance is, you could always go to the FDA calendar glossary and figure out the definitions of each of them and learn a little bit more and sort of educate yourself on FDA approvals and the different opportunities. with that.

and I do recommend just going through the glossary, reading what each thing is so that you just familiarize yourself with FDA approvals if you are interested in learning more about these dates and learning more about the opportunity there. they do have a membership site you don't have to join that I've never joined it or paid for anything like that, so don't feel encouraged to join it if you don't want to. I don't have any affiliation with them, but in any case, they have tons and tons of free resources so make sure to check them out if you are interested in that. Make sure to work hard this week and I'll see you in the next video.