Okay folks, we've got a lot to talk about and I want to do it quickly and violently. So first off, I want to talk about Amc. It's dramatic rebound over the last couple of weeks and what this means for you and I as retail traders. And let us be real for a moment, this battle is getting really heated and within the next 48 to 72 hours based on the short data and retail sentiment that we are seeing, there's definitely going to be a huge turning point and we need to talk about that now before it happens.

And then of course, I want to give some violent updates on some of our plays today. Of course, we saw a lot of the market cool off, but ironically, growth was the only sector that was up today. That was largely because we got a report that housing starts cooled down, which of course cooled off some of the inflation trade and pumped up some of the stocks that were hurt by the inflation trade. But anyways, before we get into it, the only thing I ask of you in return is that you hit that ravishing like button.

And also don't forget to subscribe either. Okay, let's go ahead and start with Amc. now. Amc is perhaps one of the most infamous stocks of 2021 because of its massive uptrend in Wall Street Bets pump earlier this year, But as it's continued to rally over the last couple of weeks, I have to admit I haven't given it the coverage it deserves.

Amc is not just a trade, it's one of the few remaining battlegrounds where the retail trader, the retail investor is winning against Wall Street is winning against the big money, the suits, the men upstairs. In fact, it's one of the only battlegrounds that short sellers are sitting in a massive loss with, and this is in an overall market condition where short sellers have made a killing off the backs of retail traders. Obviously, it's very, very easy to screw with retail because you just have to change the trend and then everybody else changes their conviction because the retail traders conviction the average retail trader. Their conviction isn't based on anything that's actually about the company, even short-term traders.

Very few short-term traders even use chart analysis anymore. They just sort of just buy in because everybody's talking about it. And so if you're a short seller, it's very, very easy to screw all these retail traders because people that only buy in because things are going up are going to sell. When everything's going down, it's very easy.

You just change the trend and then all of the retail traders follow you. And unfortunately, retail traders are very, very complicit in this demise and it just keeps happening over and over again. But I digress. The point is that Amc is one of the few stocks that retail is beating the big money at their game.

This is one of the few stocks that retail has held the line. Amc is the ultimate example of how congregating a lot of money can manipulate stock prices, but instead of the big money using its resources to congregate and screw everybody else this time, it's the little money going and using their resources to come together to become Big Money and screw the other big Money. In the past, I've generally compared similar rallies like this to the creator fool theory where people buy in not because they believe in a stock, but because they believe somebody else stupider than them is going to buy it above them. But I think that with Amc, you're dealing with a little bit different of a situation.

Retailers buy it because they know that a lot of short sellers are betting against the company and the more that retail can buy it, the more they can get squeezed and the more that they hold out total. You could say the more Wall Street sweats because eventually they're gonna have to cover their short positions and when that happens, you're gonna have a massive amount of money come from the big money and flow back into the retail establishment. This is sort of like an actual version of Robin Hood, not just that trendy logo with the feather. And oftentimes I think that the significance of this message is lost because people sort of identify all of these people as sort of degenerate gamblers.

and they kind of identify themselves as that. I mean, they call themselves apes. Amc. Apes.

How many of you commented, Charlie, are you not an Amc ape over the last couple of weeks? can't tell you how many messages I got. Of course, Stop won't stop Gamestop back in February and January. I mean, you look at any Amc bullish form and you'll see something like drop 50k on Amc. You're welcome apes.

And obviously that trading approach is a lot different from the approach that we take on this channel or the outlook on what makes us buy and sell stocks. But I think that's missing the point. The goal of these folks isn't to trade, it's to stick it to the man. It's to come together as a big social movement.

So what am I saying? Well, I'm trying to say that there's a bigger message here. I'm trying to say that hey, you don't have to buy in or participate in this yourself, but you should respect the message. This is a movement, but this is the beginning of a broader acknowledgement of what's happening in the market. The retail traders are starting to understand exactly how this game is played.

They're starting to understand that valuations have very, very little to do with the companies behind them. has everything to do with how hedge funds decide. they can make money off us. They can cycle in, they can cycle out.

They can kill us. On the upside, they can kill us. On the downside, and retail traders are starting to wake up to that. And Amc is a perfect example because retail traders have figured out how to play them at their own game.

So let's talk analysis. What's going to happen with Amc? Is it going to short squeeze again? Let me put it this way: Obviously, fundamentally speaking, not many of us believe in Amc over the next five to ten years. Sure, they're going to have a bounce because of the recovery. The company's going to start seeing more and more guests versus what they had a year ago when we were deep in the pandemic.

But over the long run, Amc is going to return to their steady downtrend. I think that they may actually survive over the long run as sort of a much lower level company that has some consistent people that actually want to go out and see a movie. But obviously, this isn't a company that should be going up and up in value, and Amc is the definition of a retail stock. The company said on March 11th that 80 percent of Amc shares outstanding are owned by individual shareholders.

This is a definite this is the definition of Wall Street versus Main Street. Folks, Retail traders know that Wall Street is betting huge against Amc, but that's the longer this goes on and the longer retail traders hold out and even buy more, the more likely it is that they get squeezed or at least have to cover their positions because you can't hold share short forever. Do I think that Amc is going to have another squeeze? Well, I would say I would never bet against the retail trader when the retail trader teams up with other retail traders. But if we are talking pure chart speculation, the longer this can hold in the four teens, the more the short sellers that have to cover are going to be sweating.

I think we have an opportunity here. If retail traders can keep this in the 14s for several weeks, or if retail traders can shoot this up to 15, 16, 17, and 18, you're going to see a cascading effect that shoots this much much higher. There's a lot of people that are on the sidelines right now, retail traders that are going to be willing to pour in if this can keep giving more and more breakouts. And if that happens, there's going to be a lot of short sellers that just can't hold on because of the risk.

So my answer would be if there's enough retail in mass that can tip the hat in their own favor, we could certainly get that short squeeze that everybody wants. On the flip side, if retail gives up, the downtrend now would be very, very very very much accelerated as well because short sellers now have a lot more downside to realize. So if you get a lot of short sellers pouncing and retail gives up, you're going to see this get bludgeoned. So this is really just a question of which side is going to win this game of attrition.

And it's really. I mean, who could predict that? All we know is that since we're at this level here that we got to last time, this is going to be a very very very very interesting turning point. We're going to find out real soon who's going to win this battle. Okay, anyway, so what happened in today's market? Well, the figurative Ev market exploded.

Take ride. for example, Yesterday it was up 15. Today it's up over 22. Gave back a little towards the end of the day as the market cooled off, but certainly quite the squeeze after months of downtrending, Lordstown has been one of the most successful short and distort campaigns that I've ever seen.

And to be fair, any early stage company is going to be an easy target for shortened distorters because it's early stage, so it has a lot of weaknesses to exploit. It hasn't really found its way yet, but the thing is that once you've realized a lot of downside, well, it's really easy for the company to flip the script and then squeeze you out. And that's what we've seen over the last couple of days. Likewise, the big issue that short sellers raised for Lordstown was essentially their transparency around orders in production capacity.

And like we talked about yesterday, Ortstown is going to open their facilities for the press and shareholders next month, including test drives. and that's largely why we saw this continued bounce. But at the same time, I'm a little bit concerned about the fact that Lordstown delayed their earnings. It seems like this analyst day announcement actually served the double purpose of hiding the fact that Wardsdown decided to push their earnings up a week more.

And in terms of conviction traders? well, you actually have to see some earnings to get an idea of whether Lordstown's delivering on their promises or not. And that's ever so important. in this area where we don't have a lot of information. how's the chip shortage? Delayed production? Is Lordstown going to be able to meet their fall production goals? We don't have that information right now, but we will find out on the 24th.

And let's be real. Lordstown right now as an opportunity. A huge opportunity for a turnaround, whether they take it or not is yet to be determined, but this has been shorted and distorted to oblivion and has a lot of opportunity to rally regardless, especially if this transparency issue gets thrown under the bus. Here's the thing, and I've said this in the past: I have no doubt that Lordstown wasn't perfect and Lordstown isn't perfect, but if they could just throw some shade on half of the allegations that the short sellers attacked them, with which they're definitely going to have a huge opportunity to do next week when they let the analysts in and the press in, and then you combine that with how low this is, well then you have a huge opportunity.

We also had some more bouncing in. Fisker and Fiscal's broken into an uptrend because they are making progress. It had some strong collaborative reports such as a deal to produce Apple's first car after partnering with Foxconn. this will of course cut in half the traditional time required for them to bring a new vehicle to market.

They've signed a partnership deal with Sharp for their display systems, they have a deal to deliver 700 Evs to the Uk, and we continue to edge closer and closer to the realization of their lineup. and this is certainly a baby Ev company, but it certainly has a lot more value than people are giving it right now in terms of Cciv. A tweet came out today indicating that ticker symbol Lcid will be coming to the Nasdaq very soon, quite exciting, indicating that the merger date is finally going to be at least somewhat around the corner. Also true that on May 20th through the 23rd, they'll be making an appearance, which should give a lot of visibility to their Lucid Air and their launch towards the end of the year.

Now in terms of Ford, make sure that you understand that Ford has their Electric F-150 show tomorrow. they had Biden, go ahead and walk around as a publicity stunt today, but tomorrow is going to be the big event. Now in terms of updated guidance, remember, we want to keep taking advantage of Dips on our high Conviction plays on down days, and of course, keeping some money on the sidelines to take advantage of future dips. That way, it's a win-win because if it bounces back, then hey, you've just benefited from the bounce.

And if it goes even lower, hey, you can snap things up at a better deal. Of course, at a certain point, you got to say hey, I'm happy with my positions and I'm just going to wait. But still. but still.

If you have the resources to do so, you don't have to be all in on every dip. Now in terms of short-term Catalyst plays from the briefings right now, this market condition is very challenging so you have to really look for them. Not every Catalyst runs and no Catalyst runs forever. So if you don't have the chart skills to actually go and have a clear entry and exit plan, well, you're not going to do well in terms of the Catalyst plays.

From today, we did find a few notable ones: Hgsh We briefed on it as it was up on Q2 earnings hype, and that continued having some hype towards the beginning of the day. we briefed on it in the pre-market It dipped it open, bounced off the red directional Sma line, and went from 198 to 2-6 It opened before selling off. Obviously, you can't hold and hope with these plays. you have to have clear entries and exits.

The other opportunity was ontx. It rose on a dramatic price target increase from a prominent analyst. Obviously, we've been accustomed to seeing those run and that did indeed run this time. and you saw it run from 75 cents to one dollar and 10 cents.

But of course, in the daily briefings, we don't just talk about the daily catalyst. We have a lot of different sections. We talk about notable events for that week. If we have a notable ipo coming up, we talk about notable earnings highlights from the broader market, upcoming biocatalyst dates, and the like, and of course my thoughts on some of our longer term conviction plays as different data comes out indicating where they're going.

But of course, the idea of the daily morning briefings is to give you an idea of where the battles are. It's a battlefield map, but it's up to you at the end of the day to go and fight your battles. It's up to you to make your own decisions. And of course we have a structured walkthrough of how to be a warrior in the stock market using Ziptrader U and the structured step-by-step lessons.

But at the end of the day folks, I've been on here for a while and I 100 I 100 know that everybody has a different way of learning and my goal on this channel is to give you a lot of different opportunities to sort of get your feet wet in different styles and I hope that you go on a lot of different other Youtube channels and get your feet wet there as well. and whether you think you'll benefit from our step-by-step structure and Zip Trader U, or our daily morning briefings where we talk about all the catalysts and whatnot. Well, I still recommend that you take some time to if you're not going to do that or you're not going to use somebody else's At least take some time to build a structure yourself. I hate to see people just sort of fumble around without a clear plan, clear guidelines, or just an idea of what they're doing.

You can have the best ship, world-class ship, but if you don't have a destination for that ship, well, it's just going to be all over the place. You're not going to get anywhere. The point is, make sure that you understand what you're doing. instead of just sort of taking a random approach, you want to make sure that you have a clear plan.

Anyways, folks that caps off the video. If you have any questions, feel free to reach out to us below or join us on Ziptrader Circle. I'll put a link to Ziptraderu below as well as Weeble if you'd like to get some free stocks. Anyways, have a great day and I'll see you in the next video.