Charlie talks about why the market is so choppy, and where you should be focusing your buying attention.
(Hint: you should be focusing it on stocks that are getting the concentration of momentum, since that is not in the broader market right now)
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(Hint: you should be focusing it on stocks that are getting the concentration of momentum, since that is not in the broader market right now)
Popular Resources:
A. 📈Join ZipTraderU (*$50off coupon "stayhome2020") ➤ http://ziptraderu.com
B. 🚀Join ZT Circle (*Free) ➤ https://www.facebook.com/groups/ziptrader
C.✅Webull "Get A Free Stock!" ➤ https://bit.ly/2F6rz62
D.🕵🏻Free Trading Tutorials ➤ https://bit.ly/2HCn3hT
E.💬Free Discord ➤ (Link is on nightly watchlists in ZipTrader Circle)
📌New to the stock market and #trading? We break everything down in a short sweet and simplified way.
DISCLAIMER: All of ZipTrader, our trades, strategies, and news coverage are based on our opinions alone and are only for entertainment purposes. You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and personal experience. An individual trader's results may not be typical and may vary from person to person. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment. Thus, trades should not be based on the opinions of others but by your own research and due diligence.
AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing and maintaining ZipTrader communities.
Extended Keywords: "ZipTrader" "Zip Trader" "Zip Trade" " #ziptrader"
Well, G. Willow Cruz folks, what a day! The S P 500 always its emotional self, once again hemmed and hot around the stimulus bill as we got more mixed signals from the government. And this carries on the push and shove leading up to the election and the stimulus package that we've had since basically September. and in this video we will be talking about what you need to know about this market.
but the real opportunity today. we're in the individual plays and these are the plays that I'm super excited about. We had a lot of winners. This is one of those days that makes you proud to be a trader if you look at Cbli.
from our morning briefing today, this was a Momentum stock that ran up on a stock merger announcement. We briefed on it at 407 and it ran into Open, then dipped and then ran up another 40. Uxin was another one of our briefing plays this morning. We briefed on it just minutes before the run started taking off and it ran up to 170 into Open Acor A-c-o-r We briefed on it after it ran up on announcement of a 15 million dollar reward from Biogen.
This was at 117 and it ran up to about 155 before selling off. and just to name one more because I am quite excited Aihs now. This was a play that we spoke about just yesterday where we explained in the video and showed a graphic of how the Electric vehicle sector was much like this bucket with a hose pointing in all different directions. We spoke about how currently the hoses pointed in this direction and Aihs literally doubled in the pre-market after we made this video.
That being said, even though we included it in yesterday's video and I included it in my top stocks zip list, the truth is that I thought it had even more room to run when I briefed on it this morning, but it didn't. It ended up selling off. so no, we certainly aren't perfect, but we can do our due diligence to make sure that we get most of the things right and of course control our risk for when we are wrong, which is inevitable. But seriously folks, this is quite a beautiful day.
And by the way, if you think our morning briefings would be helpful to you, you can get them by joining us at Ziptraderu, which is linked below with of course a coupon code that will get you 50 off. But let me warn you, Ziptraderu does have a one-time fee, but in return you will get lifetime access to the program, the chatroom, and all of the morning briefings. But the truth is that I don't think that Ziptraderu is worth paying for if you aren't going to complete it as designed. If I was somebody looking to do this program, you better bet that I'd be doing all of the lessons probably multiple times that I'd be answering all of the quiz questions, that I'd be participating in the private chat every single day.
And of course I'd be practicing relentlessly. and I'd be keeping up to date with the morning briefings. And you better bet that I'd be taking advantage of that lifetime access for as long as I possibly needed so that I can get the most bang for my buck. Casually put, I would want to get my money's worth out of Ziptraderu, so I expect the same from you. Don't join us unless you're willing to get your money's worth out of it. Okay, so to start the market, let's be honest, the market has been quite choppy ever since pretty much this early September sell-off, and as traders, most of us do prefer a clear direction, either straight down or straight up. But the reality is that we're not getting that. we are getting choppy back and forth movement, even just today.
taken alone, we didn't have a clear direction. But the reason the market is so choppy right now is almost entirely political based, in my opinion. Firstly and most obvious, we have investors looking at stimulus talks and thinking, well, g will occurs. There is no clear date for when stimulus is going to be passed, and we don't know if it'll ever be passed.
So this leads some to completely stay out and it leads others to sort of hem and haw and buy in and buy out when you get optimism and pessimism from the different politicians. If you want proof for this, look no further then. what happened today: Stocks ran up when Pelosi said she was optimistic and then dove back down when there was more doubt cast on it. This is the Heming and Hein Around stimulus and this is the biggest factor that has caused this choppy market.
But it's not the only factor obviously. We also have the presidential election. We have investors that are looking at the presidential election and saying, wait, what happens to stocks if a new President takes office What happens if the known policies of the last four years that we, the people and the corporations have gotten used to shift to unknown policies of a new administration? This is not a party thing. This is a thing that happens whenever you have a new incumbent.
Obviously, we're all used to Trump's policies and we know where he stands on many different issues. But when it comes to Biden, even though he has introduced different policies, well, we don't really know what he's actually going to do when he's in office. He's obviously said he wants to raise corporate taxes and so on and so forth. But what if he gets in and says hey, we're actually not going to raise corporate taxes? Or hey, we can't get a corporate tax bill passed.
Or hey, maybe we're actually going to do even more. We're going to increase the corporate tax rate even much higher than we proposed on the campaign trail, so we don't know. And in this case I think what we are seeing is some investors just say, you know what. Screw it.
I'm going to sit out of the market until after the election and then many others are saying okay, wait a second. I don't like the uncertainty with the election, but if we get a stimulus bill passed then it doesn't matter. But but the stimulus bill is hemming and hines. So you have this other half of people who are saying okay, i don't want to participate in the market and then you have all this capital sitting on the sidelines that then jumps into the market. Every single time we get any sort of positive announcement regarding stimulus. even if that doesn't actually mean that stimulus is about to be passed. And honestly, that's pretty much how I describe this current market. and I don't think we're going to see much change until after the election.
But in this choppy action, there are many, many opportunities. The thing is that when you get a market with unclear plays in unclear direction, you tend to get more concentration of short-term capital into clear plays, making them even more lucrative. And this is where we tie in our morning briefing plays. Let's start with Uxin.
Now, Uxin is a Chinese online used car transaction platform. We briefed on it this morning because it was likely to run up as a sympathy play to Kxin and Aihs. And if you remember yesterday's video, we spoke about how electric vehicle hype is flowing in the direction of the Chinese Car Market, and then further and further with plays like Kxin running 300 plus percent in a day and other plays like Aihs running. Kxin is a Chinese Car dealership stock.
And so we made the connection that as the host sprays in this direction of Chinese Market and farther out to Kxin, a Chinese Car dealership stock, it would then lift other plays that were closely related to this car dealership stock. These are called sympathy plays or associated plays. But anyways, this manifested in Uxin running Up. But Uxin appeared on our radar because of the run in the after hours.
We briefed on it here and it ran intensely after. Now the timing on this one was nearly perfect, but that was just luck. I didn't know when it was gonna run up, we just know what the catalyst is. But we don't have to be psychics.
we can just be aware of opportunities and catalysts at hand and then trade. those do. I think that Uxin is going to have more runs? Well, probably previous history dictates that these plays like to have multiple massive runs. Next we spoke about Cbli.
Now I saw Cbli had run up pre-market and so I wanted to know why it had run up. So what I did was I went and I googled new search the ticker and what did I find? Well I found that it was up on a planned merger with Cytocom. Fantastico! I looked at the chart and said, okay, this caused one big push after hours, another big push at the beginning of pre-market and then yet another one. So what I said is, I said okay, well Charlie, this is clearly a momentum play that is apt to run again based on previous behavior and based on this catalyst.
And thus, we included it on our briefings and lo and behold, it swooped down again and then ran massively. Of course we also had a clean run and so forth on this, but I'm not going to get overly analytical with the technicals here. Okay, the next one that we briefed on was Acor, and I used my full strategy from My Fastest Ways To Find News Lesson in Ziptraderu and this led me to the Sec filing that said that Acor was going to receive a 15 million dollar payment from Biogen because of their sales exceeding 100 million over four consecutive quarters. And then I looked at the charts and said, hey, wait a second. This is reacting and I prefer it to react and then continue running because if it reacts all at once and then cools off, hey, you're more likely to get a sustained downtrend. And in this case, we reacted and it kept going up in momentum. So that's like, okay, well hey, investors hadn't decided the immediate value of this. they're still debating it and they are still running up the price.
So this made sense as a future Momentum play. And of course, I explained why I liked it in the morning briefing, which was released when it was trading at here, and a core ran up shortly after. But anyways, folks, well, there are important lessons to learn by reflecting on these plays and talking about the market condition and sort of recapping how everything's going. The reality is that I don't want to create too rosy of a picture either.
We had some folks that messaged me, even in Ziptraderu that said Charlie, I bought Cbli late or I bought Uxin late or I bought Acor late, you get the point. And I had also briefed on a stock called Sgbx which had a similar setup to the other plays that did really well, but this one barely moved at all. It went up like five poultry percent after we briefed on it, but then dubbed out for the rest of the day. and so again, morning briefings absolutely do not do all the work for you.
That's just one part of trading. The other part is that you actually have to know how to trade them. And also just so you understand, some of the tickers in my morning briefings are more structured as warnings than they are opportunities. For example, we spoke about how Lodgy gapped up on earnings after hours, but that, but that as a result of this was more likely to cool off.
Did it cool off? Yes, because if everybody reacts immediately and then you immediately have the hype die off, Well, now you're much, much more likely to cool off. Most plays that gap up this fast, especially earnings plays tend to cool off afterwards, and that's what we warned about here. Anyways, folks that caps off this 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.
And lastly, as always, make sure to hit that ravishing like button and also subscribe if you saw value in this video. And lastly, of course, if you're wondering what broker to trade these stocks on, Well, we always like to send new traders over to Weeble and I will put the link in the description below. You'll get two free stocks if you sign up and deposit with our link and Weeble is a great platform. It has pre-market and after hours trading. It has all the best scanning capabilities and it's all around a very, very powerful broker, so make sure to check them out if you haven't already and are broke or curious. Anyways, folks, have a great day and I'll see you in the next video.
As always, quality videos right here!
sup charlie, great vid as always. ty
You right I would guess about half the time. Becuase after you buy a stock it either goes up or down. So yeah 50 50 or maybe even a bit less in your favor. It can sell off right when you buy or it can go up then sell off while you still have it. Why are you selling a course if you're soo good at making bank in the market? Seems counter productive to spend time away from researching if you're just killing it. I noticed Warren buffet doesnt offer a course. Why not?
Does anyone think johnson and johnson is going to soar tomorrow because trump said it might have a vaccine?
Take a look Zion Oil and Gas (ZNOG) huge moves coming
Aqms?
Thoughts on LPCN now?????
could you do a video on factors that make stocks skyrocket?
I can hear the 'H' when you say 'what', subscribed.
So basically the strat in uncertain markets is scalp/day trade penny stocks because they arnt affected by the chop they just pump n dump
So I signed up to Webull from your link and my deposit went in and I have but one simple question. Whhhere , whhhhere are my free stocks Charlie! You told me to trade like a spoiled brat so where are my free stocks!!!!
Trading binary options was a nightmare for me. I never thought I would get my funds back, until I came across with Miss Katie who worked with RAVEFXTRADE. Using unconventional means they salvaged the situation and recovered my invested funds with Miss Katie Strategies, I am sincerely grateful.
Oh wow you sell a course or alert system. Youre telling me you dont make shizzle in the market and the only way you profit off the market is selling alerts or education. Not trading stocks. If you do so well trading why even bother trying to sell courses or alerts. 🤣
I keep flipping JDST and JNUG, probably until Election Day.
where do you live brief on stocks?
How do I get access to your morning stock lists?
My strength last week was losing money unfortunately. Everything i tried was just a failure, and I wiped off several weeks worth of gains. I’m still learning how to trade but after this week it seems like I should take a break.
deaths by a million paper cuts for the last three days, does anyone want to buy Avon from me.
Sppi has me sad