Ladies and gentlemen, gentlemen and ladies in this video, we're going to be talking about the top three stocks for this week in mid-april 2020. Now when I present these opportunities, What I'm really doing is I'm presenting a battlefield for you to go and attack. but if you aren't prepared for battle, you won't have a good time. Let's go ahead and take a look at last week's picks.

For example, now on Sunday we announced CCL which is Carnival Cruise We talked about how it had gotten beaten down so much that literally any positive catalyst to create a 20 to 30 percent run up and that CCL would be one of the biggest benefactors if the market did break into an uptrend the very next day. We got that positive catalyst with the Saudi wealth fund investing in CCL And for the rest of the week, the market also up trended rapidly, which meant that CCL was indeed one of the biggest benefactors. In fact, we announced it at 8:49 but it's week-long highs were at just under $14 That's about 60% of upside in a week. Now the next pick from last Sunday was the UC O and S Co pair.

This is the pair that tracks movements in domestic oil prices and with the oil price war waging on, this was highly probable for some fluctuation and so on. Monday SEO popped up. But the way we play inverse pairs is by looking for the partner that is in an upward direction and buying in at a confirmation of said direction SCO broke into an upward direction on Tuesday Which means it broke above our resurrection list that may line. But then it also confirmed that upward direction and confirmed its price strength by holding above our blue price rank Besame line.

This is technical talk for saying that we got confirmed that the price was going up. This is also what happened with SEO on Friday Same deal. Of course, if you didn't bother to wait for elevating factors like a simple upward direction, you wouldn't have been able to take advantage of it. Okay, and the last pick from last week was Zoom Z M Now I made the argument last weekend that because Zoom had been going up throughout this crisis and had only gotten beaten down due to bad publicity over there security concerns that this would likely result in an overreaction correction once it found its bearings and come market open.

Monday It sold off. Now, while it didn't necessarily provide the clean overreact that I had wanted, it provided two, three, four clean run ups than if you were focusing on waiting for an upward direction, it provided five clean run ups. But I can go through these all day. And the truth is, the folks that love my pics are the ones that don't trust me, The ones that don't take what I say at face value and instead use these opportunities to go forth and do their own due diligence.

These are the ones that trade like spoiled brats and wait for the price action that convinced them that it's a good position. But the ones that hate my stock picks are the ones who blindly buy in. They see me in her like Oh Charlie seems like a nice guy. Maybe I'll just trust him.

and then they make a habit of randomly buying in and then they blow up their accounts. so folks understand that it's not about blindly buying into stock picks, but rather it's about waiting for the price action to convince you to take a position. It's about waiting for a clear reason to enter. But anyways, the only thing that I ask of you in return for all of these ravishing picks is that you hit that ravishing like button okay and quick plug.

I Do want to wish everybody a Happy Easter We are going to be running a quick Easter promotion on Zip Trader you if you type in coupon code Easter 50 at checkout you will get $50 off. Now for those of you who are unfamiliar Zip Trader you is our premium course and private tutoring chat that is geared towards forging growth in your account regardless of your experience level. And honestly folks, while it's really easy to sit on the sidelines and be demotivated by all that's going on in the world I Do want to encourage everybody to take actions now that are going to help you down the line progress towards your goals. And if that's trading, then your trading goals.

Obviously that doesn't have to be a few zip trader you but my point is that you should be taking action now so that a year down the line you can look back on this time and say hey I made something of it But anyways you're welcome to check out our program and I'll put a link in the description below coupon code Easter 50 if you want to get $50 off Ok so to start you Rgn Now about a week ago we talked about you Rgn and how they will be having their FDA decision on April 18th for their drug for carcinoma. We also talked about how the monkey analysts are giving it a price target at $50 and how institutions hold the majority of the ships. but the April 18th approval date is this upcoming Saturday and the question now is will who will urg engine approved and honestly I'd like to see the price get beat down I like to get good deals I'm a cheap dude so that means I want to get a good deal and the more it gets beat down this week, the more upside we have if it gets approved and the less downside we have I think it's not approved but honestly we can never know for certain which way FDA approvals are going to go. So that means that we need to play the pre anticipatory run-up and the announcement or the post reaction to it If investors are anticipating an approval, that means they're going to pre factor that into the share price causing a run-up beforehand.

Now we call this out last week and we had some running up. Who knows if this run up had to do with Urg ends up coming drug war if it had to do with the overall market. But plane pre anticipatory runs means that we could profit off the news before the news even comes out. But of course we never hold through the news because the news can go either way and so can the reaction to the news.

So my suggestion with you our Yin is to stock it now. I don't mean Sto CK I mean s ta LK you need to watch you RG n and see what it does. We've seen what looks like a pre anticipatory run, but we can't be certain because of the market direction in the past week. So what I do is I go and I'd watch on days where the market cuts back and say hey, the market cut back did you RG n continue running up or how closely was it correlated if it continued running up we know we have a pre anticipatory run-up.

But regardless, going into this week, what we're doing is we're waiting for this FDA approval and we're waiting for price action to back up this approval. If we don't see a pre anticipatory run, what we do is instead we play the post reaction and it's going to be dropping on Saturday So that means that it's perhaps on Monday where we see the post news reaction and then we can play it on Monday My suggestion is of course to wait for strong signs in the price action. That leads to the conclusion that it makes sense to take a position. All we've seen over selling and increasing.

Are we seen a pre anticipatory run that's showing signs of strength as the market gets beat down, so on and so forth. And if you do that, you're pretty much in a good boat to protect your capital and profit off. The upside. Okay next oil.

So as the oil crisis rages on, oil prices are going to continue to be going up and down. Now there's a ton of drama. A few days ago, a senator threatened that all the US military forces would be withdrawn from Saudi Arabia if the oil crisis continues unresolved. Then an agreement was made to curb oil product, but Mexico refused to go along with the agreement.

Then this morning, OPEC and Russia approved the biggest ever oil cut, pledging to cut about ten percent of global supply. and a lot of the media now is claiming that this is a victory and that the war is over. But we'll see. Instead of guessing on whether oil is gonna go up or down, why don't we just play both directions.

Now you Ko goes up When the price of oil goes up. We'd expect Yuko to go up tomorrow if this oil price war really did end because that would mean the price of oil would go up and ESCO is the inverse of you KO Which means that as KO goes up when the price of oil goes down, you Ko and S KO are considered inverses because they inverse each other. They move opposite to one another. But as always, the way to actually trade inverse pairs is to trade the partner that is in an upward direction and focus on stacking.

You're elevating factors until you get a confirmation and then you take your entry point. But of course, one of the things that you should be keeping in mind with this is that these are only for short-term trading. A lot of people unfortunately like to hold these, but they're not for holding. They're for short-term trading.

That is because they are guaranteed to go down over time due to the long-term decay effect of leveraging instruments. And it's also important to note that they will be going through a reverse stock split on the 21st. Now, a lot of people associate reverse stock splits with something bad, and rightfully so when it comes to a company. Reverse stock splits usually mean that the company's worried that it's gonna go too low and they're going to get delisted.

But when it comes to something like you Co and SCO what they're doing is they're rebalancing like I said you co an SCO or guaranteed to go down over the long run. So if they just kept letting them go down without doing a reverse stock split, it's going to go down to zero. Well, it won't go down to zero, but it'll go down to like zero point zero one one five, zero point Zero Zero Zero zero one and then it'll just keep going down and it's just. it won't be useful anymore.

So the way that they handle this is by rebalancing it and reverse stock split in it when it gets down to a certain point. But again, you shouldn't be holding these anyways. So this is really just a redundant warning. Okay, let's go ahead and put a bonus here.

A lot of folks are wondering what I'm doing to handle my swing trading Because these conditions, these market conditions are quite crazy. So how are you feeling confident to buy one day and then sell three days later when you don't know? the market could look completely different in three days? Well, these days, when I take swing positions, it's on positions that aren't correlated with the overall market. The reason for this is because if it's closely correlated with the market, just too unpredictable given the fact that we have to hold sweet trades for more than one day. But if you look at something like Walmart for example, it's not very correlated with the overall market.

In just the last 30 days, it's gone from oversold to overbought, literally over and over again. Now, we don't buy stocks just because they are oversold. That's a terrible idea, but it is one huge elevating factor to help us determine previous patterns when it comes to swing trading. What I want is I want a stock that has very, very very frequent over selling and over buying.

and I want it to happen over multiple time frames so that it makes sense. The swing trade and take a look at Chilled Chilled is gonna be our bonus ticker for this. On a technical level, if you had bought chilled anytime at oversold and simply held to overbought, you would have made money. and we as traders love making money.

Let me just keep stating the obvious. but we don't just buy in an oversold because eventually it's inevitable that this pattern will break and bind in. an oversold will actually result in a loss. So instead what we do is we wait for signs of a recovery.

We wait for oversold and increasing oversold. An increasing is an elevating factor and that allows you to buy, and when the priced ranked is confirming that there's enough strength to recover from oversold. And of course, with Chilled. there are also news catalysts that allow motivation in the stock price and how it moves.

But I always get two questions from folks. The first one is Charlie how are you so charming and the second one is how can we keep up with all the tickers on these lists because there's a ton of tickers. Well, if you are having a hard time keeping up to date with all these picks, you need to be in zip, trade or circle. This is our free Facebook group and we post lightly watch lists there, so don't miss out on all the best opportunities.

I'll put the link in the description below for folks who do want to sign up and if for whatever reason you don't want to use Facebook that's totally fine. We also post these nightly watch lists on our free Discord server. I Also, put the link to the discord server in the description below and these are completely free. There's no reason to be like oh, I don't want to pay for nothing Watch lists.

No, these are free I put them out every night and they're a great resource. Okay, and lastly, I would be doing you a huge disservice if I did not arm you with a tool going into this week. Too short the market. As many of you know, we are in an area where we were literally only 13% down on the year, even though our economy is essentially at a standstill and it really, it's really debatable when we're going to see signs of actual recovery, so it's important to understand that if we do see push backs this week, there are opportunities to profit directly from the pushback.

and one of the ways you can do that is with Sp. XS Now there are tons of inverse funds that allow you to short the market. This week we're talking about SP XS because this seems to be the best bet in terms of volume and in terms of upcoming share splits SP Excess of course goes down when the market goes up and also multiplies the movements which can make it quite fun. For a lot of folks, it's a fun time folks.

it's like Russians to vodka. Okay folks, well that's pretty much it. I Do hope that this video was valuable to you. What do you think is going to happen in the market this week? Let me know in the comment section below.

a final tip that I do have for you is be Direction independent I Really hammer at this home yesterday in yesterday's video on erupting stocks, but don't expect the market to go up or down just because you feel like it's overdue. Look at the logic, look at the statistics and say okay, well, it looks like it's overdue to go down based on the fact that there's no economy yet yet it's only thirteen point, six percent down. Sure, it makes sense that it would go down, but hey, B Direction independent and think for yourself. If the market gives you something else, trade that set up.

Don't say oh, I'm not going to trade that because it doesn't make any sense. No trade it if it makes sense based on the probability, not, if it makes sense based on your opinion on whether the market should go up or down because at the end of the day, the stock market, well it doesn't care about your feelings. And lastly, if you have any questions, feel free to reach out to us in the comment section below or join us on Zipp Trader Circle link also in the description. and if your broker curious or you're wondering what broker to trade these stocks on, we do always send new traders over to Weibo.

They have an excellent platform and I've heard pretty much only good things except there's a few people that they said that we bowl was an offensive name. but anyways, it's an excellent platform and it has some very cool scanning tools such as After Hours runners pre market gainers and a ton of different earnings calendars that I personally use. That helped me become a better trader. And of course if you sign up using our link in the description below, you will get not one but two free stocks when you both sign up and deposit using any amount.

have a great day and I'll see you in the next video.