Okay folks, so number one, we need to give a violent update on plays and the market number two. I want to talk about something that is pumping huge right now, my thoughts on what's next for it as well as my projections for some other squeezers. And then lastly, number three, I want to break down some important news for several of our high Conviction plays, as well as one of them that's getting into really, really good deal territory right now and to me seems like an obvious buy if you agree with my points. But of course, before we get into all of this, the only thing that I ask in return is that you hit that ravishing like button and also don't forget to subscribe either.

Okay, Marketo Very very green. Yeah, The Snp, The Nasdaq, The Russkies, everything up and up and up. The only thing that took a breath today was crypto, which is kind of interesting because it's like moving inversely to risk on trading right now, which that usually doesn't happen. Okay, let's go ahead and start from the top.

So Cei detonated today, largely stemming from the company saying they weren't going to do a reverse stock split, but largely accelerated by a ton of peeved retail traders were trying to stick it to the short sellers who had just profited on the downtrend. But anyways, I briefed on it 30 minutes prior to market open this morning and my thoughts were attempted to come back in. The after hours has largely been held down by a negative short seller report derailing momentum. But the important part important part is has a cult following, and so another few solid periods of growth can certainly induce the crowd to bind back in.

And that did indeed pan out very well, and it all kind of panned out today. Now, one thing to note is that short interest was on its way down during the downtrend of Cei, as shorts were locking in dramatic profits and that buying pressure was just kind of getting eaten up by all the sellers. And you did see shorts caught off guard and expediting the covering today, which also served to help accelerate the uptrend. And given how peeved retail traders are and knowing that there's a majority of shorts left to cover, I wouldn't be surprised if this has a lot more juice in it next week.

But keep in mind when I'm looking at stocks like these, I'm looking at them from a trader's perspective. a trader looks at this and says, hey, I'm gonna buy it when it's running hot and I'm gonna sell it when it's not. Which is why we started calling it out in early September during the first round of Up Trends because of the setup at that time, and is also why we started hammering on the risk management when it hit that long-term resistance level. And it's also why we once again briefed on it this morning.

a trader follows runners. somebody who is more of a diamond hands trader may instead decide to just buy in and then ride the wave to 485 and then hold it through the drop to one, thinking that one day it might go back to a new high. But from a trader's perspective, the idea is that you play the moves separately. The advantage of that is that if it doesn't come back, you already locked in profits, and if it does, you can always ride the next wave of momentum.

at the end of the day, folks, this ran huge today, and for a trader, this is a very, very successful trade. But for a buy and holder, this is just a trait that got back some of the money they lost on the previous dip and really only a fraction of that. My recommendation is just to make sure that you have a clear risk management plan. If you're holding something that has very little fundamental value through a 70 drop, you're getting yourself into a really, really bad situation.

You could just look at the long term chart and see hey. Cei has done this in the past many times and we'll do this many times in the future. This is a play that people rile up and then it dumps and then the people rile up. And then it dumps people rile up.

And then it dumps people rile up. and then it dumps Bbig a little bit of a weasel. This morning, What happened? Well, it made an attempted comeback in the pre-market largely driven by their agreement to acquire Ad Riser for 108 million dollars, as well as some in anticipation of next week's Kryptide spin-off. But the acquisition of Ad Riser is actually a pretty damn big deal because it's an ad platform that can be integrated with Bbig's Lomo Tiff platform.

Similar to how Google Ads is integrated with Google products like Youtube. Advertisers pay Google ads to display certain ads to target audiences, and Youtube takes a cut. Advertisers take a cut, and hopefully they get higher conversions as a result of that. And so, a similar platform running on low motif is definitely a big elevating factor for the company.

But here's the thing. What we really learned today with today's short-term blip, is there's still lots of buyers watching this. It's easy for squeezers to be forgotten about by risk-off cycles like what we saw over the last couple of weeks, and Bbig definitely got thrown under the rug. But this shows that.

hey, it hasn't been forgotten about yet. Retail traders are still watching this. You probably have some institutional money behind the scenes also watching this, and with the short interest up on a steady climb during the downtrend of stock price, we certainly have the potential for that pre-anticipatory run that we want up to the Kryptide spin-off date on October 15th, which is next Friday. Will that happen? I'd argue that there's a very, very strong shot.

Sdc Yesterday we were talking about how we need this momentum trend to not just hold and break past this previous resistance level, but more importantly to break past that higher, most recent resistance level into a new momentum cycle. That's the point where you see the ideal amount of momentum pressure coming in because you've triggered a trend change. But today, even with the risk on trading day, it wasn't able to hit that parameter, so we continue to watch it to see if it does eventually hit those parameters. Amc a bit of a green day for the stock today.

Short interest at all-time highs. Shorts feel more confident than ever that this is going to pay off and retail is going to walk away out of sheer boredom. Because as you know, it's easy for short sellers to defer and defer and defer And they can defer for a very, very long time. But the more that they defer and the less that people walk away, and the more that it holds up at high prices, the more likely it is that you get a buying swarm of retail traders.

They're like, okay, let's squeeze them out. This ain't going any lower. And on the other hand, as we mentioned in the last couple of weeks, if they do manage to get this down to lower and lower levels, there's definitely that idea that there's a silent war chest of buyers that are just going to go in and buy in at lower price points. so I don't know.

I mean, if this continues to hold in the level that it's in and it does this for weeks and weeks, I just don't see that not being incredibly bullish for new swarms of buyers. Okay, moving on to fundamental plays: Neo finding strength today as investors poured into risk on trading and to that extension, Chinese stocks also received a great report from the Saks over at Goldman siding the Neo Et7, which they compared the design to being like a Mercedes S-class and Bmw 7-series with the price point of the cheaper Mercedes E-class and Bmw 5-series That saying something. I think it looks just like the top of the line Mercedes and Bmws, but it's at a price where it's at a lower level Bmw or Mercedes at the same time. They also said quote the price point makes Et7 China's most expensive car model ever launched by domestic manufacturers, strengthening Neo's brand equity in the premium space and also cited that battery as a service, autonomous driving and otherwise assisted driving features make it stand out in the marketplace.

They also predict the Et5 to come out early next year. But yes, when you consider the stronghold that Neo has on the Chinese Ev market, releasing more models to compete with the already popular vehicles, there is going to provide more opportunities for Neo to attack the luxury market there and switch more people over to their Evs. So very, very exciting news. Okay Upstart! So back in March, we talked about how I was incredibly excited about Upstart's acquisition of Prodigy, which will allow them to better attack the automotive segment of the loan market and use their proprietary credit analyzing system to target markets of Americans who also don't have access to appropriate credit.

And Upstart has already enjoyed the results of that move: last quarter's report expanding auto refinance from 33 to 47 states covering 95 percent of the U.s population, increasing dealership footprint over 1 billion in vehicles sold through that Prodigy platform in just Q2 of 2021, and five bank partners signing up for auto lending through that platform. This continues to be one of the most exciting segments of their business, which is why I was so excited to hear that they are launching Ai enabled financing which should allow them to approve not just more borrowers, but also make their platform a lot better and more competitive in the marketplace. And they are currently ruling them out now. but in 2022, it's going to be available to all dealers.

What does that mean? Well, it means a massive, massive revenue jolt. This is a new elevating factor that we didn't see coming, and I had pretty bold expectations for Upstart in 2022. Anyways, I think that in totality, with everything that Upstart has going for it, 2022's revenue is going to balloon. Unfortunately, the stock price seems to think that too, and it just keeps going up and doesn't want to take a damn breather.

That being said, if you are in Ziptrader you, I am likely going to be updating the price target in the morning, so make sure to check it if you are following the stock. Okay, finally, Eevee Charging station provider. Chargepoint is looking like a good deal in my opinion. This year, every single time Chargepoint has dipped to this level, it's gone on to recover and age very very well.

Chargepoint fundamentally, in my mind, is a no-brainer When you look at the dramatic need for charging infrastructure in this country and abroad, you look at who the leaders are in the race to provide charging infrastructure, and you look at the proof of concept that they've already had. And you're like, okay, well, charge points? Obvious. I hear you though. Eevee stocks have been doing badly.

supply chain, interest rates, yadda yadda. But if you have any conviction at all in the continued adoption of electric vehicles in society, then it's very, very difficult to not see this rebounding and rebounding massively. My take: Hey, if you're planning on holding the stock for at least a year, buying charge point at any price below 20 is extremely likely to pay off, and probably if previous trends repeat payoff a lot faster than a year. Every single time, Chargepoint dips substantially.

I always say, hey, this is a good play to buy because I believe in it over the long term and over the short to medium term. It also suggests that these price levels are very, very good and this is the best that we've seen all year. So anyways, I'm excited about it. You want to make sure to build your own conviction in it.

Do some digging. I have like five or six videos that I've done digging into everything that Chargepoint is and will be. 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 if you'd like to learn how to trade.

with our step-by-step lessons, our private chat, and of course our daily morning briefings where we brief on what's happening in the market each and every morning as well as my favorite catalysts and what my thought process is on them. I'll go ahead and put a link to Zip Trader You below. Make sure to watch the video on the website. I'll walk you through everything you need to know about the course so you can decide whether or not it's a good fit for you.

Fud Stopper 50 will get you 50 bucks off before checkout if you're wondering what broker to trade these stocks on. All we like to send new traders over to Public.com Ziptrader. They're a fantastic broker and you will get one free stock when you sign up and deposit just one dollar using our link below. Anyways, folks that caps off the video and I'll see you in the next one.