In this video, you were going to be learning about the top three stocks for this week in early April 2020. Now usually before my top stock videos. I'll have this huge spiel about how you need to always trade with a plan, how you need to trade like a spoiled brat, how you need to always wear suits when you're trading, and of course how you can't just randomly buy in. But if you're new here, the way that these videos work is that we present opportunities that fit the current market condition and then we give you some basic strategies to go ahead and exploit them, but to show you how this all works.

Let's go ahead and take a look at last week's picks. So last Sunday we announced a BT because they launched their five-minute beer bug test and then come pre market open Monday It ran up from 76 dollars to 91 dollars before selling off since every reaction is an overreaction. Now, gap ups this fast aren't always possible to trade, but the key isn't to catch this big move necessarily, but rather to pay attention to later aftershocks such as Hither and Thither and a BT. Well, it also had some clean running throughout the week, such as on the second where we had this clean confirmation and then run up over our SMA line.

notice how it also went from oversold to overbought. always stacking our elevating factors aren't we folks? but I Also want to make the point that as traders, we don't really know where the direction of the market is going day by day and since we cannot predict the direction of the market, that means that we need to let the market do it for us. That's why last week we presented Spxl and SPX you so s pick so goes up when the market goes up in SPX you goes up when the market goes down. This allows you to profit off both the upside and the downside of the market.

And likewise, that is what happened several times last week. But if you've been with us for quite some time, you'll notice that these plays. They're really just pointing out the battlefield. You, my friend, are nothing but a sly soldier ready to go into battle.

But while I can sit here and point out where the battles are going to be, you're still going to need to know how to prepare your going to need to. Train You're going to need to understand what a good battlefield looks like. If you are a lone soldier going into battle without any supplies, any training, any practice, any understand of what battle really is, then you're going to have a bad time. So that's why we do present some of the strategies.

and that's why you can't just randomly buy in without a plan. Practically speaking, you're going to need to be the one that puts the work in to identify upward sentiment. Volume knows how to buy in at confirmation, knows how to identify a break in to an upward trend, know how to gauge previous patterns, and of course know how to sell out validation. Just to name a few things.

As a soldier, you must know how to prepare for battle. But anyways, one of the things that soldiers always do is they always salute to hitting that ravishing like button. Thank you soldier! Okay and quick plug for those of you who are looking for some guidance in growing and forging your account and your skillset. We do offer Zip Trader You Now the goal of their trade of you is to give you an environment where you have a clear pathway and structure to build your skillset too often.

I Just see so many traders just dabble around and try to take in just random information and then they just compile it all together. No like oh hey, this is my strategy. Why am I not profitable? I Quit. No, you need to put a clear strategy together and you need to build structure.

The goal of Zip Trader You is to provide the structure and then also allow you to ask any questions that you need answered within our private tutoring chat about. Anyways, if you're wondering, is that traitor you is the right fit for you I Highly recommend going and clicking the link in the description below to check out what Zip Trader you offers. So one of the biggest opportunities that you are missing right now is oil and not to be crude with you. This is quite important as the worldwide oil fight continues.

So Ticker You Co is how we play Upward Movements in domestic oil. You'll notice that on Tuesday April 2nd, you co ran up from one eight, two to six on the President's tweet that he spoke with Saudi Arabia and that they will be cutting back on producing oil which should then help increase the price overall. Now in a nutshell, we as Americans want the price of oil to go back up because we also produce oil here in the United States and the cost of production here is quite more expensive. So if they dump too much oil onto the markets, it causes the price to go down and that causes the price to go below our own costs of production.

And if it goes below our cost of production, then our producers here in the United States won't produce any because they're going to be losing money for every barrel they produce and this in and of itself can be quite a disaster for our me. But anyways, on news of this tweet, you Co ran up massively. but you don't have to worry about catching these moves right at the get-go You can also play the aftershocks. Upward shocks in.

you Co provided several opportunities of clean running up even after this new sink in. But folks, how do we know if you CEO is going to keep going up? Well, we don't and we don't care. You CEO goes up when domestic gas goes up and SEO goes up when domestic gas goes down. So this way we can play long plays on you Co.

and then when oil is going down, we can short it by playing SEO. So if oil does sell off rapidly this week, it doesn't really matter because you Co goes down, then we can just trade SEO when you bind to SEO That means that you are shorting domestic crude oil. So if crude oil goes down, SEO goes up. But please folks, do yourself a favor and pick the partner within the pair that's in an upward direction.

Remember we use our red directional SMA line to gauge direction. When we are above it, we are in a upward direction and when we are below it, we are in a downward direction. During this period. In a downward direction.

Look how sloppy this is. We as traders hate sloppy price action. So wait until we break into an upward direction to focus on a member of the pair and then trade the one that's in an upward direction. Okay, next see CL Now this is Carnival Cruise Lines Anyone want to take a cruise? Let's take a cruise.

see CL Was trading at $51 literally January 15th just a few months ago and now it's trading at just over $8 If there is, perhaps no sector that has been hit quite as hard as the cruise industry. And honestly, from a fundamental basis, even if this whole beer bug crisis does subside in a few months, do you really think that people are going to feel confident and safe enough to go and take a cruise? I Don't think so. Probably not for quite a while. But anyways, back to the charts.

We are playing this game where there's zero profitability in this industry, but the hope that this company will return to their former profitable selves is the one thing that's keeping any value within the share price. But the question of course is how do we play off it? We open up and we see some running up, but extreme differences in terms of these wigs. You see these wicks. You see these wicks folks.

This means the price action was moving rapidly above and beyond our price rank. That's the male line. This is not clean. We love price action.

This on the other hand, this is dirty. We hate hate, hate dirty price action. So stay away when you see dirty price action like this. But the reason that I mentioning this is because later we had clean price action.

if you look at this picture. Overall we did overbought, deprecating factor and then we get cut back down, lose our upper direction below our edge rection alyssum, a line and then our over salt. Now we continue in a downward direction and have some fake attempts at priced ranks. but then BOOM we break back into an upper direction and this is where we have our cleaner moves.

Now compare these two moves. They are both upward direction moves, but this later move has clean price action that actually allows you to write the price break over the SMA thus protecting yourself in your position because if the position turns against you, you can just sell out at validation instead of guessing as to where your exit points going to be. But why am I telling you this based on previous price action? Isn't this just hindsight analysis? Well, the reason is because practically speaking, you need to understand that patterns tend to repeat themselves and you also need to understand what the difference is between a clean move and a dirty move so that you don't practice on dirty moves. And again, clean price action just means simple running over the SMA line.

That means that you can just pleasantly buy in at confirmation and pleasantly sell out at validation. Okay, anyways, but going back to the fundamentals. Damn you beer bug. Okay, but going back to the fundamentals with CCL we know that we have an extremely profitable business long term, but one that could also be potentially unprofitable for years to come, and everyone has their own opinion on this.

The real question that long-term investors need to be asking is if CCL has the ability to survive in the time that it takes for this crisis to end and for the time that it takes for people to restore their confidence in cruise lines. But as traders, the question that we need to be asking isn't whether they're going to survive or not, but rather investors and cheap investors think they're going to survive because that's what's going to drive the short-term price action. With something like CCL below share price makes it really susceptible to false run ups. For example, we were in the same crisis here that we were in here and that were in here.

yet this run up in between was caused by undue speculation. partially bailouts, but partially other things as well. But nothing really changed. It was just speculation.

So my point is that the thing that actually the share price isn't anything concrete, but is rather just speculation because share prices are really just an idea that people prop up with actual dollars. If you understand this, that means that you're in a great position to actually take advantage of any sort of hype whatsoever. Okay, lastly, Zoom Z M Now I Want to start this by saying that I want Z M to get B down like a rabid dog. The M had been running up so much due to the hype and honestly real value and the fact that they are one of the main providers for video communication and video conferencing.

But Zoom has been getting quite a lot of bad publicity this weekend and over the past couple weeks as it is revealed that they are having some security issues, the media this weekend has been blasting everyone with bad stories about Zoom, such as their CEO saying that they really messed up and blah blah blah. Now the media knows that everyone and their mother is using Zoom and so any bad story is very lucrative for them to put out because they know that everyone's going to click on it and the more clicks they get, the more ad money they'll make. But I'm also not trying to downplay Zooms security flaws either. They need to do better.

100 percent they should be doing better. This is a huge important thing in our current economy, But really folks, are you really that surprised that a tech company would have security flaws? We've seen this with like literally every tech company in the last 20 years. this is not going to be an issue that Zoom can't solve. And while I'm sure they will lose customers as a result of all this bad press, Zoom will continue to be a big player and on a technical basis.

Zoom is one of the few companies these days that are in a solid upward direction with actual fundamentals to back that up. so this should serve as quite a solid swing trade if it does continue to get beat down and then show signs of a recovery. But remember, we don't just buy stocks because they've been beaten down, But rather we wait for a sign of recovery. Let's say, Zoom sells off 10 20 percent more or 40 percent more.

Are you going to buy it just because it's dipping? No, you're going to wait until it shows signs of a recovery because who's to say it's not going to just keep continuing to dip. It's also easy when people say buy at the bottom, but again, how do you buy the bottom unless you know that the bottom isn't further down? You do that by waiting for the price action to prove to you that it's ready for you to take a position with having elevating factors in your favor. Anyways, folks, I Do hope that this video was helpful. If you have any questions whatsoever, feel free to reach out to me in the comment section below or join us on Zip Trader Circle.

And if you're wondering what broker to trade these stocks on, we do always send new traders over to We bowl. Weeble is a very powerful and beginner friendly platform for folks who are looking to get into the stock market. and if you sign up using our link in the description below, you will get not one but two free stocks just for signing up and depositing. Pretty good for folks who are broker curious.

Few other suggestions: If you are somebody who's currently sitting on the sidelines because you don't want to mess with this market, that's totally fine. Obviously this is one of the best times to be a trader, but I don't want you to do anything that you're not comfortable doing. So my suggestion to you is, instead of just wasting all this time not playing into your passion or not developing your skills that as a trader, why don't you try paper trading, go on to one of these free platforms, Start practicing. You could use on-demand trading if you're using Thinkorswim Figure Swim is great because they give you that feature, and if you just rewind to any day in the past to trade off price action that actually happened.

and then you could practice stacking your elevating factors against your deprecating ones, and then sort of going through the motions and getting a feel for how the market actually trades. So that way when you're ready to actually go and enter the market, you can feel confident - even at least develop your skill sets. So many people are just like, oh, I'm gonna sit out on the market one that's bad I'm gonna sit out of the market when it's good I'm gonna sit on the market when it's flat. But the truth is, every single market condition is a great time to get involved and it's always great to learn more.

So I Highly encourage you to use this time, especially if you have more free time now because of the whole you lock-in situation. Make sure that you're using this time wisely, and you're taking advantage of the opportunities that are present to you to actually go out and increase your skill set anyways. Those are just my two cents. Obviously, Do whatever you want, but you know.

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