Charlie introduces the NEED TO KNOW top 3 stocks right now for day and swing trading in February 2021.
Keep in mind these are just Charlie's opinions, some folks don't even like Charlie! Do your own due diligence. Not financial advice.
🚨Mentioned Brokers:
Webull - https://bit.ly/2F6rz62 (get 4 free stocks when depositing)
Td Ameritrade - https://www.tdameritrade.com/home.page
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⚠️Tickers Mentioned: WKHS, UVXY/SVXY, NIO
📌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" #watchlist
Keep in mind these are just Charlie's opinions, some folks don't even like Charlie! Do your own due diligence. Not financial advice.
🚨Mentioned Brokers:
Webull - https://bit.ly/2F6rz62 (get 4 free stocks when depositing)
Td Ameritrade - https://www.tdameritrade.com/home.page
A. 📈Join ZipTraderU (*$75off coupon "holiday75") ➤ http://ziptraderu.com
B. 🚀Join ZT Circle (*Free) ➤ https://www.facebook.com/groups/ziptrader
C.✅Webull "Get Free Stocks!" ➤ https://bit.ly/2F6rz62
D.🕵🏻Free Trading Tutorials ➤ https://bit.ly/2HCn3hT
E.💬Free Discord ➤ (Link is on nightly watchlists in ZipTrader Circle)
⚠️Tickers Mentioned: WKHS, UVXY/SVXY, NIO
📌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" #watchlist
Okay, so the stock market is a mess. You've got a market that's had the worst week since October. You have people buying random stocks to make a point. You have previously hyped funds like Arc, getting completely ignored.
You have major brokers restricting lists of dozens of stocks, you have national politicians calling for drastically increasing regulation and stepping into the financial markets. You have Elon Musk endorsing Bitcoin via Twitter description, and you have dogs running around without leashes. I mean, the market has really just turned into a circus. And with all of this in the forefront, we must talk about the top three stocks for this week.
But first, we must give an update on last week's plays. So last week we spoke about Ipod and Ipof and how we should dip by them as they are leadership plays. Both gave us a very nice bounce last week, But the real event with these is when a actual merger decision comes through. Ipof actually was unfortunately just included on Robin Hood's restricted trading list, which will likely cause some short term selling off and potentially more buying opportunities for this bad boy next week.
But keep your eye on the ball, because what we're looking for is the merger decision. Next we talked about Morrow. We talked about dip buying, Mara, Mara rallied back massively to just under 25 and then cooled off after Brokers, including Robin Hood restricted the buying of cryptocurrencies, which effectively halted the rally in Bitcoin and thus caused Mara to sell off afterwards. But the truth is that I'm very bullish on Bitcoin and Mara and the brokers won't be able to stop the rallies forever.
This is another one where you got to keep your eyes on the ball. There is no broker that can hold back long-term demand. They can hold it back over the short term, but they can't do it over the long term. Cciv Cciv is still in merger talks with Lucid.
We have no news on that thus far. Did bottom out earlier last week and it gave a little bit of running, but it's likely going to have a tough time next week because this is unfortunately another one that Robin Hood put on its I guess naughty list. However, if the merger actually gets confirmed, this would be a huge winner. Okay folks, so before we go into this week's picks, I do want to give you a little bit of a warning.
if you haven't noticed already, there's a little bit of a pattern. Many of the trending plays, as well as many of our notable plays have actually been restricted by Robin Hood. from stocks like Amd to Cciv to Starbucks, Ipof, Workhorse Sundial, and a host of other tickers. Well, the Lovely Feathered Dictator will be limiting your purchases of shares too often times just one single share.
They have a complete list on their website of all 50 plays that they're actually going to be limiting to that. And honestly, I've already said everything I need to say about Robin Hood, but the whole situation is unfortunate. However, there is an old saying that says fool me once, Shame on you, Fool me twice, shame on me. And many times in the past where Robin Hood has let us down, I've said get a backup broker. I've said, if you're unhappy, there is no excuse not to either switch or get a backup broker. So now every single one of you should have at least gotten past the full me once category. So if you want to avoid Robinhood fooling you for a second, or third, or fourth, or fifth time, well, I would consider getting a new broker. While there is no perfect broker, the brokers that I use are Td, Ameritrade and Weeble.
I'll link to both below the Weeble ones and affiliate links. so you'll get four free stocks if you sign up. The Td Ameritrade one isn't But regardless, I promise you you won't find a perfect broker. But in terms of my opinions, I think Weeble and Td Ameritrade are amongst the best and they're also commission free.
But anyways, folks, before we get into this video, the only thing that I ask of you in return is that you hit that ravishing like button. And also don't forget to subscribe either. And Quick Plug if you'd like to learn how to trade, manage your risk, learn how to set price targets, keep up with our daily morning briefings and get lifetime access to our private chat. Well, we do offer Zip Trader.
You and I will put the link in the description below. Okay, so let's start with stock Number One Workhorse. A few months ago, we talked about how Workhorse was likely going to wake up towards the end of Q1 of 2021. I talked about how the risk of Workhorse is that a lot of its hype and trading is built around the potential Usps contract to replace their postal service vehicles, and that the constant delaying of said contract has caused some constant fluctuations in Workhorses share price.
But at the same time, when we started talking about Workhorse, we did not know how large of a priority the new Biden Administration would make, electrifying the Federal fleet, which has meant that Workhorse has met our goal of waking up way ahead of schedule. and we discussed last night, the sheer amount of demand that commercial electric vehicle companies are facing, and Workhorse is one of the biggest plays to actually benefit from. Said to man, Workhorse also has potential new contracts coming out on top of that towards the end of the quarter. But here's the deal and this is why I want to reiterate Workhorse.
You see, Workhorse is another one of those guys that's on Robinhood's naughty list. That means that Workhorse, a stock largely propped up by retail traders, will have restricted buying flow this week. We've seen what has happened when Robinhood has decided to do this to other tickers. When you restrict buying flow and you allow selling flow, guess what happens? Well, you get more selling flow and so I see.
It is very very possible that Workhorse gives us another good deal this week and my price target. With all this noise aside, throwing all of this out of the picture and looking at the longer term context, my price target on this is about 50. So if this can go below 30 this week, I'd say snap snap snap it up. If we can get this in the mid 20s, I'd scream snap It Up! This is a play that you need to look bigger picture with. And if you don't have glasses to see the full picture, go get glasses or contacts because you need to see this picture. Yes, the feather dictator limiting buyers is bad for the stock. Yes, the overall volatility in the market may make Workhorse a very risky bet in the short term, but if you look at workhorse over the next three to four months, this is going to be a great opportunity if this actually gets discounted. And I am personally hoping that this is the week that everybody loses faith in workhorse and decides that focusing on Gamestop in the overall market is the way to go the minute that everyone else looks away and there's blood in the streets.
That's when you want to take advantage. And another thing I do want to touch on is that this long-awaited Usps contract is now more likely than ever. a lot of workhorses. price prior to 2021 was resting on the potential to gain an 8.1 billion contract from the Usps, and Luke Lango from Investor Plays actually wrote a very good piece on this.
In terms of the finalists to actually get the contract, there's only three. One is Carson, the other is Ash. Caution: the third is workhorse. but Biden's directive is to make sure that the companies that he's contracting are only American.
Guess what? Carson is Turkish, so that one's out. And so then you have Workhorse and Oshkosh. Oshkosh is the maker of military trucks. They have some interesting prototypes, but it doesn't have the same depth of experience as Workhorse or course, on the other hand, is a much better fit, has a lot more experience, it has a lot more proof of concept.
I mean, obviously the Usps can choose either party, but it seems like Workhorse is a much better fit and now they just took out one of the competitors. If Workhorse gets the contract, I will upgrade the price target. But it is too early for me to actually upgrade the price before it actually gets the contract because I don't like to make my price targets based on speculation on potential contracts and decisions. Okay, pick number two is for day traders or very, very short-term swing traders.
This isn't for folks who like to buy things at a cheap price and they kind of hold them for three to four months or for a couple weeks or a couple days. This is for folks who like to get in and out quickly. For you folks, I want to bring up the Uv Xy Svxy pair. So the way that these work is, when market volatility is going up.
Uv Xy goes up and when it goes down, you get an outbreak in its inverse Svxy. So with all of the volatility, last week, we saw a huge outbreak of Uvxy And many of you who are members of Ziptraderu and follow our morning briefings, know that we always talk about trading inverse Etfs during these volatile conditions. And many of you who have been long-time followers of us know that. I've always been a huge advocate of trading inverse pairs, and I was one of the only Youtube traders to call out trading this volatility when the volatility indexes really popped up in February and March. Back then, we used to trade a fund called Shfix and everybody used to play Schvixx. That one was a little bit too extreme and it ended up getting discontinued. But Uvxy and Svxy is what is next. And with all that is going on, if you are someone that is looking to take intraday positions where you get in and out, Uvxy needs to be popping into your mind.
Every single day, the market starts off in rocky mode if it seems like the market is about to enter into a circus, Uvxy is your man and then when things are calming down, Svxy is your man. But you don't want to hold these long term. These make terrible investments because they're leveraged Etfs so they have long term decay. You want to hold it for a day.
I personally recommend only day trading These Some people will go and say okay, a few days is fine, but whatever you do, don't hold for more than a few days. Sure, it can work, but the odds aren't in your favor. Okay, and lastly, Neo. Now Neo hasn't been getting much attention for the last few weeks, but it will be reporting deliveries this week.
Of course, this channel has a long and emotional past with Nia all the way back when it was a little Neo baby at three dollars until it grew up to a full damn grown Neo-woman at over 50. and I'm very excited to see how Neo does. but at the same time I'm a little bit cautious does tend to be true that you often see some cooling off in deliveries early in the year, and I have no doubt there's a lot of short-term money propping up Neo right now that will run away in fear if anything less than stellar comes out, especially in this current market condition that we are now in. So my take is that if you are bullish on Neo and agree with my long-term price target at 100 to 110 dollars, then I would say hold until you get to that long-term price target.
But at the same time, if you haven't yet taken a position in Neo, well, a bad delivery number can be a great opportunity to snap this bad boy up at a discount. Try to get this one in the low 50s, high 40s. The whole market has turned into a circus and there is blood in the streets. This may be a great time and a great opportunity to snap up Neo.
If this does get beat down, everything passes folks. So when people are in freak out mode and people are like oh my god, I thought Neo was great, but now because it had a bad quarter or a bad month of deliveries, it's terrible. That is when it's time to exploit. I understand that it's a lot easier to buy something when everybody else loves it and when it's going up day after day. but it's much better to get a good deal when no one else believes in it. Right now, Neo is still very favorable with everybody, but it's only a couple months of bad deliveries away from people just saying. You know what? This is a trash play. As somebody who is really a long-term bull on Neo, I can tell you that when there's a freak out, that is when you want to buy.
Okay folks, so I want to finish this video off by introducing something new that we're going to be doing in future videos. So I've noticed that many of you guys will comment certain takers that you want me to review and you'll say oh Charlie, can you give your thoughts on so and so take her So what I'm going to be doing now is I'm going to be asking you to comment below which tickers you think I should talk about in the next video, then the most popular ticker I see at the end of each video, The next video I'll go and make a little bit of a review on it at the end of the video. and if enough people said, I'll make a whole video on it. So go ahead and comment below if you have a ticker that you'd like me to discuss.
Anyways, folks, I hope that you found value in this video. If you have any questions, feel free to reach out to us in the comment section below or join us on the lovely Zip Trader Circle Facebook group if you're wondering what brokerage you trade these stocks on, of course we send people over to Weeble and they are giving you four free stocks if you sign up and deposit with our link below. If you'd like to learn how to trade, we'd like access to our private chat and daily morning briefings. We do also offer Ziptraderu in the description below.
Anyways, have a great day and I'll see you in the next video.
I higly reccomend you watch the entire video.
The 3 stocks mentioned in this video are : UVXY/SVXY, WKHS & NIO
Don't know how I stopmed onto this. All in all Damn good content 🤩🤩🤩. I also watched those similar from mStarTutorials and kinda wonder how you guys make these stuff. MStar Tutorials also had cool info about similiar make money online things on his channel.
WKHS is the best! Go Workhorse
Thoughts on BB?
Still have SVIX on my Watchlist 😢 Rip
THe Leashes bit really made me laugh man, great!!
Can you look at Cloud MD please
The riskiest time to invest is when the market looks safest, while the safest time to invest is when the market looks riskiest.
thanks for the advice, I am into NIO and I haven't started any day trading but I think I will watch some more of your videos to figure that out!
I use Webull and Fidelity. Happy with both so far.
Do a video on either ZOM, SRAC, OZSC, HEXO, TCNNF or WISA
look at life, i bough 30 shares at 4.95 its up about 20 percent today and experts have it at at a target price of about 11 bucks. also cprx, fidelity ranks it at 99 percent undervalued. also vff im up 10 percent in a week.
If Ashton Kutcher and Mark Cuban had a child it would look like you!
Inpx!!
$sos!!!!!
So WKHS dumped -12% a few days ago… I went shopping and guess what we are +15% today. As expected. ;). Always buy the dip!
Cannabis stock’s profitability?
LOL@the NIO woman pic, why his arms and hands are brown.
Is there any way to join the discord without the facebook group? I deactivated my facebook a while back.
Actc your thoughts ?
TRXC!!!
Frsx please
BNGO
UPDATE: THANKFULLY ROBINHOOD JUST DID A REVERSAL AND LIFTED RESTRICTIONS ON SOME STOCKS, KEEP AN EYE OUT FOR DEVELOPMENTS IN THAT STORY