Okay folks, so pretty nice day to cap off the week, but we've got a lot to talk about. We had strength across the board in the Dow, the S P, the Nasdaq, and oh yes folks, the Russell Small Caps, and the Ark Funds. If you have like three or four of these really green days in a row, you're going to start seeing a lot of high growth stocks get short squeezed. There are some plays that just have such high levels of short sellers that they just can't frankly afford to have so many green days in a row.

The thing is that if you're heavily concentrating your short positions in a lot of these high growth stocks, that has a very negative effect. But once they're already down a lot, you also open yourself up to the massive, massive chance of a short squeeze. You could probably take two or three days of strong green, but when you start getting more consistent bounces, that concentration becomes a huge liability. So folks, a little bit on the wishful thinking side, but I like what I'm seeing.

There's plenty of threats and fun left, but we could definitely see a little bit more of an optimistic couple of weeks ahead of us. But anyways, folks in this video, I want to focus on plays, updates, and guidance on some of our plays and things that you need to be thinking about over the weekend. Most importantly, I'm going to be talking about one stock that I think deserves a buy next week. And before we get into all this, the only thing I ask of you is that you hit that ravishing like button And also don't forget to subscribe.

Okay, quick updates. Green Tech did very very well. Today, your plug, your F cell, your Sun w your Sol all up five to ten percent. Today Green Tech is a sector that the Biden Administration is going to help out a lot.

so snapping up good deals here are gonna set you up very, very nicely towards the end of the year especially. But when it comes to snapping up some good deals in Green Tech, I would say look for the stocks that have retested their March Lows and held above them. For example, plug gave way to the pressure and broke below those March Lows where Sun w Gevo and Seoul all managed to find a floor of buyers exactly at or near the March Lows. Why the heck does it matter? Well, because the Green Tech sector was one of the sectors that came under the most pressure in the last couple of weeks, and in the last couple of months if there's enough buyers at a certain floor to hold that pressure.

That says a lot about the stock. In some situations, it does make sense to focus more on stocks that have broken down below March Lows specifically because they're more prone to short squeezing. But in this sector, I think there's a serious fundamental reason to buy these, and I would focus on the ones that are showing the most strength, and those are the ones that have held March Lows. Okay, so moving on to Evs and specifically charging stations.

So Chargepoint is one that we talked about just yesterday, but we've been talking a lot about it as a good deal in the low 20s and it continues to be. Unfortunately, it is already up a little bit. But here's the thing. Chargepoint is the largest charging station provider in the United States, and Biden wants to build 500 000 Ev charging stations, which is about four times the number of U.s gas stations, which is extremely ambitious and probably isn't going to happen.

But even if he only hits half the goal, that's still very, very very bullish and Chargepoint is set to benefit disproportionately from this as the largest charging station provider to actually fulfill this goal. Another interesting note is that Chargepoint found that Ev customers at retail stores stay at stores an average of 50 minutes longer than the average customers and spend an average of one dollar per minute. And if you consider that, that means that U.s retail stores, the thousands of U.s retail stores have a huge incentive to put a charging station in their parking lot. Their customers are going to spend more, and they'll probably also get some government subsidies for putting an Ev charging station there.

Maybe some kickbacks as well. The thing is that if you're talking Evs, one of the biggest problems with Evs is there's not enough infrastructure for people to charge at. They can have their own. They could go to a superstation, But with all of these massive companies coming out and making Evs in the next five to ten years, there's going to be a massive shortage of charging stations.

So in order to actually have a trend of Ev growth, you have to have this charging infrastructure in place and Chargepoint is the best fit. There's some other ones that we've talked about which are tickers for other videos, but Cli is another one. They have Dc charging stations which are much faster but also more expensive. That's also going to be a strong factor of this proposal.

But still, folks, in terms of plays that makes the most sense, Fud or not, I would say that Chargepoint is one of the best. Cliei has the disadvantage that it's still in S-pac and S-pacs are in shite mode right now. So anyway, something to think about another Biden proposal is electrifying school buses. This brings us back to Proterra, which is merging with Actc.

Biden took a virtual tour of Proterra's Electric Bus and battery making factory in South Carolina this week, but with this play, I think that you have to have either a very long term outlook or a very short term outlook. S packs right now have to be either day traded or very long-term holds. Like I said, the S-pac environment is really tough right now. the niche is waiting for the Sec to provide some clear guidance for how these are going to be regulated, because back in the day when all of them were popping up, it was kind of the wild West.

There were regulations, but it just wasn't super clear and there's certain discrepancies about how they're going to be going about regulating them, and as a result, both the sketchy S packs and the actually good S packs are all down. But when the Sec provides some clear guidance, I expect to bounce in the ones that aren't sketchy, and that, in my opinion, at least, is the best packs that we've talked about. Okay, the coin of Bit point of Bit broke down below 50 000 for the first time in a while, and it was back above 50 000 when I first filmed this. But weekends tend to be a little bit difficult for Bitcoin, and historically you have seen a lot more Bitcoin sell-offs on these weekends, but I would argue that this is a customary cycle for Bitcoin, which was largely overdue.

We were spoiled with Bitcoin for way too long, but I would not be surprised though if we start seeing some resilience around that 45 000 range. If it gets back down there, that's about where Tesla bought it and a lot of the institutions provided some support. The whole test of Bitcoin is whether it's going to be able to maintain some relative stability You can't have the 70 swings and keep getting these institutional investors. So if we can get some holding at 45, 000, I think that's going to be a huge thing for institutions.

One of the biggest concepts that we're seeing the media push is that Bitcoin is selling off because of Biden's tax plan. I made a whole video on that yesterday, but basically I think that it's a huge overreaction. Number one, the bill hasn't been passed. Number two: it's probably going to be negotiated down quite a bit.

Number Three: Don't forget that the short-term capital gains rates are already ordinary income rates, so if you trade within a year, you're already paying similar rates to the Biden proposal. The proposal only applies to long-term capital gains, which is more than a year. And also, don't forget that within the last 12 months, most of the capital that came into Bitcoin doesn't even qualify yet for long-term capital gains. One year ago, today, Bitcoin was trading at like eight thousand.

Now, it's trading at fifty thousand. So all of that capital between eight thousand to fifty 000. The vast majority of it doesn't qualify for those long-term capital gains. And amongst early adopters who got in way below 8 000, these are people that refused to sell out of Bitcoin at any point during the uptrend and downtrend cycle.

If they didn't want to sell out during the massive bludgeons that we had during the last year in Bitcoin and also during the years before that, then my guess is they're not going to sell out based on just a Bloomberg report that Biden is going to be raising the capital gains rate. If it gets through, it's going to be negotiated down. Okay, in terms of short-term trades, we have started seeing some strength in pre-market Catalyst plays. This morning, we briefed on Sypr because they announced they won a contract for a Deep Space program, and if you're following the Ziptraderu way of doing things whole goal is to buy the strength over the blue Price strength Sma line and then sell out of that break below it with the option of using a stop loss.

And obviously, there's a lot of elevating and deprecating factors that we cover on how to read a chart and how to sort and manage these plays. It's not so simple as just buying into the price strength, because what if that price rank doesn't sustain itself? There's volume, There's upward versus downward potential, There's previous patterns, there's understanding acceleration and momentum. But for those of you who are day trading, some of my best Catalyst plays are those pre-market drops. We have two different schools of thought at Ziptrader.

Number one, there's buying high conviction plays at good prices and then just waiting them out. And then number two, there's day and swing trading, short-term moves, and market inefficiencies. If you're somebody that's finding that just buying high conviction plays at good deals isn't that exciting for you, especially these days, then you may find that expanding into day trades and swing trades like S Y P R would be a good fit for your trading style. I personally recommend doing a combination of actually long term investments, some longer term trades, and some shorter trim trades.

That way you always have something to take advantage of during any market condition. and we do, of course, cover that in depth in ziptraderu. But of course you can also do some of your own research if you find you're more of the Lone Wolf type. but we do have the program ready for you if you do find that you need that structure.

Also, another tip for short-term traders, keep a lookout for catalysts on multi-runners for example, Ocgn was a frequent briefing this week, and that's because it had a history of these catalyst hype runs that run up massively aka a multi-runner So of course when we saw it running up on Covet 19 Vaccine News earlier this week, we made sure to brief on it and it ended up going from 6 to 13 later on in the week. But the battle isn't just finding the runner. You also have to make sure you know how to play The chart fact that it had run in the past didn't make it a guarantee that it was going to run again, it just made it highly likely. So the other part of the battle is actually figuring out when you get in.

when do you ride it. When do you sell out? What exit point? How many times do you get in and out? And that's the question of day trading. In short term position, Are you factoring in your downward potential? Are you accurately stacking your elevating and deprecating factors? Did you buy in at a point that makes sense? Based on previous patterns, Chart plays are a completely different school of thought to longer term higher conviction plays. and I think the one thing that's unique about this channel is that we do talk about both.

Okay, wait, one more thing. for day traders and swing traders, there's also the concept of hybrid plays. For example, you have a high conviction play that you can both long-term and short-term trade. Let's use Skills for example.

I have the very public outlook that Skills is worth 30 dollars, but I also have the outlook that thanks to this market condition, it's possible it takes some damn time to get to that 30 dollars, but I see a lot of short squeezes Before that happens. periods where you have those roof and then down so we can take advantage of both the long term and the short term. We can often play the short term runs on skills just like we can opt to play the long term runs on skills. Short squeezes don't maintain themselves, but they're great opportunities to trade off of.

Okay, what is the main stock of the video? What stock do I think makes sense to buy next week? Well, Coinbase. When Coinbase came onto the market, I said very specifically: if you want this for a longer term play, wait until it cools off. It's going to ipo. It's going to jump up very heavily.

Then it's going to cool off for the next couple of weeks. That's exactly what happened. And with the crypto bludgeoning, I think we're going to get our first good entry point opportunity next week. I think that after this weekend, it's very, very likely that we get down to that 270 dollar range or 260 dollar range.

If you could snap it up there, I would just buy it and then totally forget about it. Use this as a long-term play. Let's say that you believe in cryptocurrencies, or you believe that cryptocurrency transactions are going to continue to increase over the next five to ten years. Well, then I'd argue that Coinbase is uniquely placed to benefit from that.

Coinbase has some of the most users, one of the easiest platforms to use. It's built a reliable and trusted brand in the United States, which is one of the most important markets. People trust. The brand and trust is something that's very, very difficult and expensive to build up in the crypto market, especially.

And my biggest argument for crypto adoption and bullishness and crypto is that a lot of institutions are going to be buying it and have been buying it. And what exchange have institutions been using to buy crypto with? Well, Tesla went to Coinbase to buy Bitcoin, and almost half of Coinbase's held crypto assets are institutional. So in my opinion, Coinbase finds itself very conveniently located right in between the huge trend of crypto adoption. And yes, we do have that threat of just a complete bludgeon in Bitcoin, which can cause us an even better deal.

And you know how this Fudd market works. But overall, if you're looking for a play that's going to be long term and you have the stomach for it, this is one that I don't think that you're going to regret. And it's also true that Arc started buying it from the first day that it came out, which I don't know if I would have done that, but still, it says something about conviction that they were gonna buy it right in the beginning. 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. Also, quick plug if you'd like to learn how to trade. With our step-by-step lessons, our private chat, and our daily morning briefings where we brief on all the latest catalysts in the market, Well, I'll go ahead and put a link to Zip Trader you below. Anyways, folks that caps off the video and I'll see you in the next one.