After a week of teasing that ended in a bounce across many of the major indices on Friday as global trade is drastically slowed down by a ship blockage. holy ship, folks. as Kathy Wood preps Ark's first new fund in two years, the Space Fund which many are expecting to launch this week and as dogs run around without leashes, well, many are coming from far and from wide with just one simple question. And do you know what that question is, folks? Well, that question is what? What? Charlie are the top three stocks for this week? Val summits Charlie though get answereth from Charlie.

But first, before we get into the new plays, let's go ahead and do a recap of some of the big plays from last week. So our crypto miners, which we never talk about Mara and Riot, did fairly well towards the end of the week. It's worth mentioning that Bitcoin as a whole has done very, very well despite the overall market condition. I mean, despite most of Innovative Tech cooling off towards the end of February and only making a partial comeback, Bitcoin not only managed to come back completely, but it managed to break back into all-time highs.

That leaves us in a very, very strong position in terms of our crypto miners because the crypto miners didn't recover fully. but Bitcoin broke into new highs. But in terms of new entries, if you're looking to add a new position to this, I would say we're kind of in an area right now. We're sort of in the middle range on the chart.

We're not trading at a terrible deal, but we're not trading at a good deal either. We just got a balance, so I'd say if you're not in the position yet or you want to add money to the position, let's get another beat down. Mara and Riot both have huge bounces back and forth, so might as well get a good deal before you hop on the roller coaster. Okay skills, Sklz! I presented my full breakdown on Fridays know this cheap stock before Monday video and you can check that video out if you'd like a complete breakdown.

But the thing is that I'm going to be looking for this to bottom this week. This is an innovative tech play, but it's one of the less obscure plays. I think the value in this play is undeniable. It's getting to the point where it's screaming by.

Yes, the innovative tech sector isn't popular right now. people are trading as if technology is a fad, But if you really dig into this plan, you look at the numbers they're doing. It's really, really tough to argue that 18 isn't a good deal for this stock. So I'm going to be looking for this to bottom this week.

Last week we presented on Visa. Visa is of course one of our recovery plays because as we leave the pandemic, people are going to be spending money. They're going to be buying consumer goods. What do you use to buy consumer goods? Visa and other credit cards, but also Visa.

That means that Visa can make a lot of money and fees on each of the transactions or economic activity is good for Visa and you combine that with what we talked about last week that Visa had been hit with some bad coverage negative Pr based on some investigations and we said that that was a good opportunity to dip by. And yes, we did get a little bit of a bounce, pretty much just crumbs. though. These recovery plays are going to be slow, but Visa is one of the main players in the credit card space and the debit card space, so something to think about If you're looking to get a good entry price, it's still trading pretty damn low.

I think that you'd agree. The most exciting place from last week were the Nft plays the most exciting one. or at least the one that was easiest to predict was probably Wise Key. We said twice, make sure that you're looking for a dip on Wise Key.

Both times we got that dip and then a huge run afterwards. Very solid in and out play, but you don't want to hold in hope with these. These are not going to last forever. In terms of the most exciting briefing play, I would say probably Wafu Wafu was likely to run up at Open on Friday in sympathy with another Chinese Education stock that had just done its own ipo.

So we briefed on it here and it did run from the nines to 21 bucks. However, folks, these are catalyst plays. What does that mean? Well, in and out you don't want to hold and hope With these. You ride the price strength and then you set a trailing stop loss as you go up the position.

This one was a huge huge win and shout out to folks who played this. but don't be too hard on yourself if you didn't catch the whole thing. These are almost impossible to catch all the move with. Let yourself off the hook of being perfect, catch some of the move, and then move on.

Anyways, folks, it's time to talk about our new plays. The top three stocks for this week and the only thing that I ask of you in return is that you hit that radishing like button and also don't forget to subscribe either. As I like to say, I appreciate every single one of you except for the ones that don't push my buttons. Okay, let's start with Upstart Ticker Upst! Now Upstart is a next generation lending company that we've talked about a little bit in the past.

It's led by x high ranking Google employees that use Ai to make lending decisions and more accurately identify risk amongst applicants. As a result of this Ai and the usage of a lot more variables in deciding who to give credit or who to give loans to, they're able to approve applicants at a much faster pace and a much wider pace. They're able to approve people that the traditional banking system isn't able to approve because they don't think they have good enough credit. They use more variables so they get a more accurate risk assessment.

Traditional lenders, of course, use those sort of more static credit scores that factor in a few different variables, but with the Ai technology, they're literally using a thousand plus variables and those variables are digested using the Ai from upstart very, very, very quickly. which makes the whole process a lot better. Now, of course, folks, I understand that a lot of people have Ptsd right now from stocks that mention buzzwords such as Ai or Next Gen or Innovative in Them, but this is a company that's performing both on the stock level and on the company level. In terms of the stock chart, you may remember, we briefed on this one on the 18th and ended up more than doubling, making it to 171.

On that day, we put out an ad money to video where we said it's going to be a buy. Next time we get a dip. It then dipped to 104 and bounced back to 142. So that projection did come to fruition.

This is why people call me the Dip Whisperer folks. Obviously, I'd rather be called the Rally Whisperer, but I'll take dip whisper. At least you can get a good deal here. So shout out to folks who got a good deal on this and participated in this rally.

I know I saw some comments from you, but I'm very, very excited about this place Still, in terms of the company, the road to success with a lending platform is well, largely based on how many loans they give and the quality of such loans. And there's two sides to that. Upstart serves both the people applying for loans but also the banks who are giving the loans. You have to make both sides happy.

You got to give cheap loans to this side, and for the banks or the lenders, you got to make sure that these loans are risk adjusted. You have an accurate control of the risk you're lending to people that aren't going to be very, very costly and risky to lend to. And if you could bring those two together, you got a lot of money on your hands and you look at the steady uptrend of loans from financial year 2017 at only 70 000 and now at 2020 we're at over 300 000 and you can clearly see a trend of how fast this company's growing. Upstart has the ability to undercut a lot of its competitors.

Because it uses more variables in its risk assessment, it gets a more accurate risk assessment. So instead of having to charge more for risk that's not even there, they can more accurately gauge risk and thus charge less. And of course also exclude people that may have actually been more risky than the traditional metrics have even said. So where do I want this? Well, Friday it was up 15 and that's a pretty damn big day, so let's get some cooling off.

Maybe 120 bucks. 110 a share on a dip this week? No reason to be impatient. Okay, next Chewy. Now Chewie will be reporting earnings Tuesday after clothes.

They of course did very, very well during the pandemic as people didn't want to go to the store and get their pet food they wanted it delivered and that's more convenient and safer. Despite vaccine and reopening news hurting a lot of these stay-at-home plays. Chile performed very, very well into the beginning of the year, as investors reasoned that consumer behaviors during the pandemic would largely continue and continue to help Chewie in the years to come. So despite Chewie being seen as a stay at home stock, it didn't sell off with the rest of stay at Home stocks.

It didn't actually sell off until the rest of the tech sector sold off in late February, early March. And while it is showing some strength here at this bottom, let me tell you what I think about these types of plays. My thought process is that yes, the pandemic accelerated trends into these plants. and as we leave the pandemic, some people are going to say hey, you know what I don't like this.

I would rather go to the store. I want to do things like I did them pre-pandemic The calling to use services like Chewy is going to go down temporarily as we leave the pandemic. but still, the trend is very clear. When you have a service that makes things cheaper and more convenient, economics dictate that more and more people are going to use it over time.

The pandemic accelerated that trend, force the growth rates up a lot faster, and as a result of that, you're going to see some cooling off as we leave the pandemic. But after that, you're going to have a time where those growth rate cool offs stop and then they start running up again. Eventually she is going to come back, rallying into all-time highs. The question, in my opinion, is just when and earnings can give us a good idea of where guidance is, what their current growth numbers are doing, and what we can expect moving forward.

In my opinion, regardless of what we see on earnings on Tuesday, this is still a buy. Hopefully we get really bad earnings and it causes a drop so that we can get a really good deal. But either way, I think this is a very, very good play if you're willing to have a long enough time horizon maybe six months a year so forth. Okay, in terms of the Swedes Canal Place, I am surprised that it's taken so long to get this ship unstuck, but it is around the size of the Empire State Building.

Unfortunately for our day traders who want to trade off oil prices and the connection that this is going to have with rising and falling oil prices, make sure that you understand Yuko and S Code. These are our leveraged inverse Etfs that allow you to trade off the uptrends and oil with Yuko and the downtrends in oil with Esco in terms of individual companies. Interestingly enough, it's definitely woken up ticker symbol: Nat, which also does cargo transportation via these large ships. The Ceo said on Friday that if the canal continues to be blocked, that would mean that ships have to sail all around Africa, which is a much larger voyage.

And if that happens, flight rates would go up dramatically because pent-up demand and lower supply of transportation options means exploding prices. And keep in mind that even if they clear up the boat by tomorrow or sometime this week, you're going to have all that pent-up demand still causing rising freight rates for the foreseeable future at least couple weeks. And that made some short-term boosts to companies like Nat and some of their competitors. Okay, lastly, the request the ticker of the day or the requested sector of the day Rather, Charlie, what do you think is going to happen with Mj? So today, New York reportedly finalized a bill to legalize Mj across the state.

This would of course, open up the sector to a massive market and further create that image Or crystallize that image that eventually Mga is going to be legalized everywhere. It's definitely clear that this gives a lot more credibility to many of our Mj plays, but at the same time in the last couple of weeks, especially people really haven't wanted to touch Mj stocks. This definitely is a strong catalyst for the Mj sector as a whole, and I'm definitely going to be paying attention to the Mj Etf as well as artillery play and some of the other ones. But still, we've seen really, really, really good catalysts for Mj in the past just get completely glossed over.

So I think that the key here is not so much expecting that hey, this is going to rally huge, but rather saying hey, I believe in the sector overall, so why don't we just have that long-term outlook and then take advantage when these plays are cheap? That way, whenever they do ride up unpredictably, we can just go and say hey, we can just go and lock in profits during that uptrend and then restart the process instead of stressing ourselves out predicted hey, this is going to go up Now this is going to go up. Then this is going to go up next week. So obviously yes, this is a great thing for the Mj sector. Will the Mj sector recognize that immediately? Who knows.

Anyways, folks, if you have any questions, feel free to reach out to us below or join us on Ziptrader Circle if you'd like to learn how to trade, would like access to our daily morning briefings and of course our price targets list. I'll go ahead and put the link to Ziptrader you below. If you're wondering what broker to trade these stocks on, Well, Weeble will give you some free stocks if you sign up and deposit with our link below as well. They are a fantastico broker for new and intermediate to advanced traders alike.

There's tons of great scanning tools, great resources for doing your due diligence, and of course they are commission free, so lots of things to consider if you're looking to join a new broker. Anyways, folks, have a great day and I'll see you in the next video.