Oh, I'm excited about this one folks. So in this video we are going to be talking about why Neo from this morning zip trader you briefings is up 22 and whether it is still a buy. We're going to talk about how Tesla has something very, very big coming up on October 21st. And lastly, we're going to be talking about what you should be focusing on during stock market days where the market is sort of a diseased penguin that just doesn't really move anywhere.

and when it does move somewhere, it just sort of moves down. The only thing that I ask of you in return for this video is that you hit that ravishing like button. Okay, let's start with the market. So today's market, A market that could only be characterized as a diseased penguin.

It dove, Then it waddled back and forth and back and forth and then down as the penguin got sicker. Anyone and everyone is calling this a diseased penguin. And while I don't necessarily love the phrase hey, this is the diseased penguin, but when you get this meh market, what do you do? Earlier this week we had a really, really exciting Monday where everything was running up massively, and I emphasized the importance of trading leveraged Etfs like T Triple Q and S Triple Q. But we know that the market changes every day and so you have to be able to distinguish in real time, what setups you're being given and what setups you have to avoid.

On days where the entire market is moving rapidly like we saw on Monday, it's easy chickens, but On days where the market is slightly down or flat aka a slow market like we had today and yesterday, you have to flip the script and target different opportunities. In today's morning briefing, we warned about how market Etfs were fairly slow and how important it is on slow days to focus on momentum stocks like Catalyst opportunities or beat down recoveries, and that is exactly what happened today. The plays in our briefing that were actually useful in today's slow market were the ones attached to Momentum and or a clear Catalyst. for example, Neo up 16 after our briefing and 22 overall, but we caught this one late so only 16.

But the overall move was 22 and that's why maybe you shouldn't only be relying on me. Loop was another opportunity that we spoke about. We said we wanted it to get an overreacting correction after it's beat down on a bad short seller report and it had a 14 run from Lowe's at 677 to 770. this is the not so hidden opportunity of beat down over reaction plays, and probably this is going to get railroaded long term, but who cares? We briefed on Gamestop.

We said be careful of pushbacks, but worth playing if we get clean runs. We got three beautiful runs. Gamestop was quite the play and in fee an earnings Momentum play we've been reiterating all week continued its momentum after earnings and do not get me started on Lab D. But my point here before we move on, is just to say that the idea that there are no opportunities on days where the stock market is flat or where it's slightly down.

well, that idea is just garbage. You just have to know where to look. You just have to make sure that you're preparing for all different scenarios. And yes, let's face it, many of you aren't taking the time to research and have no idea where to look.

And that's why we offer morning briefings as part of the Trader U in the first place. But it's not like I'm a magical garden gnome that knows where everything is going. Neo had already run to here before I even considered it a Momentum Play. Other plays that we've spoken about: I've literally been waiting since hell has frozen over and I'm still waiting to get an entry point.

So when you hear me talk about morning briefings in my videos, I'm not pitching for you to join our program. I'm pitching the value of doing the work yourself and it's up to you to do the work. Obviously, we have that extra push in ziptraderu if you want it, but I'm just trying to show you that there is value. There is value in actually doing the research ahead of time and creating scenarios that you can then go and trade off of.

Okay, next, Neo. So why is Neo up 22 today? Well, one thing that sums up this uptrend is an analyst upgrade from Jp Morgan's Nick Lyon. To paraphrase this, the analyst is essentially reiterating that Neo is uniquely placed to take advantage of the Chinese electric car market that is getting more attention in large part due to the invasion of Tesla and the success that Tesla has had in China. The forecast is that China's luxury electric car segment is booming and is projected to increase rapidly in the next five years.

and the connection here is that Neo is one of the three big players in terms of market cap and thus will benefit amongst the most from an expanding market. But one of the things that I like about Neo was this reference to the one billion dollar cash infusion that Neo got from Chinese authorities back in April. Ever since then, Neo has been on this relentless tear, going from three dollars to 26.96 Neo is up something like 400 percent on the year, but the significance of a government agency infusing capital into a company like this is that it leaves Neo open to the potential of even more financing and more legitimacy from the government and more bailing out from the government or the providential authorities if they need it down the line. But in terms of what investors are looking for now and whether Neo will be a good play moving forward, well, Business Insider puts it nicely.

We are looking for a strong earnings report in November. we are looking for huge numbers in terms of orders for their models and we are looking for a new sedan. Neo obviously has a lot of growing to do to catch up to Tesla, but any indication that Neo will grow at a breakneck pace as we go through the final quarter in 2020 is something that investors will jump on. But in my opinion, what is happening right now amongst the more conservative people within the electric vehicle segment is that people are looking to buy a stock that isn't Tesla, and the vast majority of these people aren't looking to buy really small speculative plays.

They are looking for something that perhaps has its momentary pushbacks that you have to stomach, but still always seems to come out on top. Overall, something that's reliable that always seems to recover much like Tesla, and Neo is looking more and more like it fits that description, especially with this year's performance. Okay, and lastly, Speak of the Devil. Now we've all had a love and hate relationship with Tesla this year, but there is no denying the power of a stock that has ran up 433 on the year.

There is no denying that Tesla is a wild beast on the Rodeo. that is the stock market. From under hyped events like stock splits that cause insane runs to overhyped events like Battery Day that caused the price to get beat down, We've seen it all with Tesla, but now Tesla is running up again and there is yet another big event coming up for Tesla on October 21st. And that is Tesla's earnings date.

Goldman Sachs actually upgraded Tesla's price target this morning from 400 to 450 in estimates for this earnings date. And yes, Tesla is trading above even this new price target. But still, the bullish sentiment on the earnings report is certainly a play here. But in terms of this earnings date, the way that we play it is always playing pre-anticipatory runs prior to date and post reaction runs after.

If we get a beat down, we get a beat down recovery Dip buy if we get more momentum. Fantastic! The thing that we love about earnings plays is it's really a win-win I mean, it's not necessarily a win if we don't get any running, but it's a win-win in the sense that if it does run before the earnings, hey, you can play a pre-anticipatory run. If it runs after, you can play the post reaction. If it dips and then recovers, you can play the dip recovery.

The only situation where we don't win is if it doesn't move at all, in which case you just don't play it. And in terms of the fundamentals of what we're looking for in Tesla's earnings report, well, the focal point will certainly be revenue and profit. They've already reported on deliveries earlier this month, so revenue and profits will be the big attractor this time around. Anyways, folks that ties up the video.

If you have any questions, feel free to reach out to us in the comment section below or join us on Zip Trader Circle. Zip Creator Circle is our free Facebook group. And lastly, again, if you are looking to be forged into a trader, would like our morning briefings and would like to get started on our trading lessons, I'll put the link to Ziptraderu in the comment section below. Make sure to take the time to determine whether or not we are a good fit because as I said earlier, you want to make sure that you're taking this seriously.

Okay folks, Anyways, have a great day and I'll see you in the next video.