Another week in the beautiful Stock Market Creek markets start strong before cooling off and getting beat down like a rabid dog. Well, maybe not a totally rabid dog, but definitely a dog with a cold. This is amid talks of the next stimulus bill, including a new stimulus check and extended unemployment benefits. It's amid more companies reporting earnings.

It's amid anxiety over U.s China relations, and it's amongst the race for the vaccine. And this is leading people all over the world to return to the zipper sphere to ask one simple question. A question that never leads to indigestion, but certainly a question that will become an obsession. And that question is what, Just what are the top three stocks for this week? Well, in this video, we're going to be talking about the top three stocks for this week.

But first, we must go over last week's picks What happened last week? Okay, Netflix. So we called Netflix out on Twitter as it was getting beaten down on negative earnings and since we trade over reactions to bad news, this was a important stock to have on the radar. We then reiterated it on Sunday's Top Stocks video, but Netflix ran up from overreaction lows at 450ish to just under 510 the following week. It's about half of the overreaction.

But it's also important to note that using the Rsi to affirm your positions did help clean a lot of these runs up. For example, at overreaction lows, we got beat down to oversold and then went from oversold and increasing all the way to overbought. Carrying your elevating factors together would have made it easier to take advantage of this position. It's also worth noting that most of Netflix's runs were in the after hours or pre-market So if you weren't using an after hours trading platform like Cough Weeble link below, then you would have missed out on this move.

folks. Respectfully, you need to be trading on a platform that supports after hours in pre-market trading. You don't want to be screwed out of these opportunities, and you don't want to be screwed when the market inevitably turns against you. But anyways, Next, we talked about gold.

I made the case last week that an increase in money printing aka an increase of M2 money supply. This as a whole may not be leading to increased inflation as per the government's definition, but is indeed leading to increased asset prices such as we see in the stock market and in Gold. I'm not saying that this confirms my theory, but Gold did continue running up day after day after day last week, even though the market as a whole sold off towards the end of the week. Lastly, we talked about Azn.

Azn was a vaccine hype stock that had news coming out on Monday. We talked about how the news was causing a pre-anticipatory run-up and that we'd see Monday if the news was substantial enough to cause more of a run-up or if it had already pre-factored it in all of the way. But upon pre-market open Monday, it actually gapped down before running up 10 again and validating out, leading to a sell-off that lasted the rest of the week. This was one of those trades that's by the books in hindsight, but when you actually go and trade it, there's tons of fake outs, there's tons of uncertain price strength and price direction, and this was a bit of a well she show seemed in this case the news was pretty much factored in beforehand.

But anyways, folks, one of the reasons that I take my time to go and recap last week's picks is because I want to make the point that you can't just randomly buy these stocks. Last week, somebody wrote me a strongly worded email. They went back all the way to January 2019 and said, hey, you know if you had bought all of Charlie's Picks since January 2019 and then held them to today, Well, most of them would have lost money. Whoa.

Are you telling me that if I buy trading picks and I don't have a clear plan, I don't have risk management and I just told them for years that we're not going to make money. Ha. Respectfully and respect to the person that emailed me this. just understand that the pics in these videos are for trading.

We as traders, we trade short term fluctuations, right? So that means that we're literally we're literally taking advantage of the fluctuations. For example, if you look at this Hertz play that we covered a long time ago before the whole bankruptcy thing, instead of risking your capital investing long term in Hertz, why not just trade the fluctuation itself and control the risk. To the downside, by buying in a confirmation after overselling and selling out at validation after over buying? Stop being the guy or girl that decides that everything needs to be an investment. I totally get it though.

A lot of people will go and they'll say hey, well, this just dipped or this is running up. I'm gonna go ahead and I'm going to trade it and then you know it doesn't do what they want and they just kind of say like oh well, You know eventually maybe it'll do what I want so I'll just hold it. Maybe they go and they do their research and only look at what's good about the stock and say oh well. I guess this makes sense for a long-term investment.

But no folks trades or trades investments or investments. You don't go into an investment thinking that it's a trade. A good investment starts as a good investment. A good trade starts is a good trade.

Just understand the distinction. But anyways, on that token, the one thing that I do think that you should invest in is ravishingness. And the best way to do that is with hitting that ravishing like button. Also, one forget to hit that subscribe button for more short, sweet and simplified videos on how to trade the stock market.

Also quick plug for folks who are looking to learn how to trade and are sort of fumbling around and don't really know where they stand as a trader. We do offer Zip Trader U, which is our structured course and private tutoring chat for folks who are looking to grow their account, but more importantly, develop the skill set that will help them do this consistently over the long run. This 50 is off if you type in coupon code. stay home 2020 before checkout.

Okay, so to start Amd. Now, Amd has always been a Zip Trader darling, but this last week Amd has been on a serious tear. It had been trying again and again to break out past this previous price level, but just last week it finally didn't why. Well, last week, competitor and much larger company, Intel, announced that they'd be delaying their 7nm chips for another year.

This is significant because it means that Amd will be the sole manufacturer for this chip for another year, so they're basically a monopoly. But in terms of market cap, the significance of this is sort of like the difference between a mother and a child. Intel is the much bigger and chunkier mother a mother that had let herself go, but people still like her because, well, she's a good lady and Amd is the young and starry-eyed boy. And these two have been fighting back and forth for market cap and we'll see if the mother snaps back and puts Amd in juvie.

But the reason that Amd is relevant is because, well, their earnings are coming up this week on Tuesday, and so far, earnings and Amd's competitors have been really strong, indicating high demand as tech takes off this year. Intel also indicated that it expected tougher competition from Amd during the back half of the year, but the con of us getting all this good news beforehand is that hey, well, maybe the share price can pre-factor this in. That means that once the news actually comes out, it's chewed into a lot of the upside, if not all the upside, and leaves it more apt to sell off with good news. So let's go ahead and look at this objectively: if we take out the actual fundamental catalyst and just look at the chart.

this is a play that's run up way faster than any previous runs, but even the previous runs ended up selling off after. and even the monkeys are saying this is pushing it long term. So the question is not if Amd will cool down. it's when Amd will cool down and the earnings reaction presents the first opportunity to exploit both upside and downside.

If we get a beatdown, we have an opportunity to exploit an oversold setup. If we get more momentum, we get an opportunity to write that as well. Okay, but on a quick note, I got a lot of people who were frustrated with Tesla's earnings reaction last week, so let me just cover this really quickly. I actually made a video about this right before their earnings report and explained how I felt they'd set expectations too high and that even if they did beat the expectations, it was likely mostly pre-factored in.

However, I was wrong. Tesla actually did go and beat their expectations, but the next day it still sold off and a lot of people were like, well, why why Charlie? must the market not do what I wanted to do My German watcher said, no, fantastic Charlie but people were basically saying, i don't understand if it has good news, why did it sell off Well, uh, it's up 200 on the year And sure, the good news may have made the price up move even more, but at this point all the big players already knew all the good news. Do you think that institutional traders are sitting on the sidelines saying oh, hey, maybe we'll buy into the good news a couple days late because we took too long to read it And for some traders, I know that's never enough. Bulls are always going to be like it can run more, Bears are always going to be like it can drop more.

Now Tesla is in a new period of hype and will want to find another catalyst to play off of if we want to get more running up. Okay, next M or N A Now Mrna has been in a bit of a free fall since running up on advancement of trials for their vaccine. Hopefully it gets beat down more so we can take advantage, but this weekend, Mrna was awarded another 472 million dollars by the Us government to push through the vaccine. But anyways, they are currently stepping up to a 30 000 person trial on their vaccine.

and the current biotech hype sector is quite interesting to me. and it's interesting to see how these vaccine stocks trade. At the end of 2019, Mrna reported a total revenue of just over 60 million dollars. I know that it says 60 000, but it's actually in thousands of units, so this actually ends up being 60 million dollars.

But it's funny how Mrna had 60 million in total revenue for all of 2019. and now they are getting infusions of hundreds of millions of dollars from the Us government and the 60 million in revenue is revenue. It isn't like after expenses or anything like that because after expenses, we get to this number which is losing 550 million dollars for 2019.. I've just always thought this was really funny because people always like to tell me that company prices are always based on balance sheets and income statements, and that the market is perfectly priced at all times based on these numbers.

But this is the most absurd statement ever. Company valuations are not just based on numbers. obviously they're based on what people think companies are worth based on future hype, based on future potential, based on future product lines coming in. And it doesn't get much better if you pull up 2020's data.

Mrna reported just 8 million in revenue for Q1. But don't get me wrong folks, Mrna is not a struggling company. Its equity value has run up 276 on the year, it's using taxpayer dollars to massively bolster it, and it's gotten so much attention that it has the ability to add billions of dollars in market cap with just a simple press release. This isn't a struggling company by any means.

I'm just saying that if you are a trader and you're obsessed with the net income or actual profitability, you are likely barking up the wrong tree anyways. Best case scenario: We see Mrna get oversold this week and show us some signs of recovery. Though it is possible with the further influx of capital that we saw this weekend, us government-backed speculation which can then further legitimize their vaccine. Okay, lastly, Mu.

Now Mu is what we call a comeback king. Literally every time. Historically it went from oversold and ended up recovering to overbought. Why is this relevant? Well, because we just sold off and are on the pathway to oversold.

If we get oversold this week and show signs of a recovery, my mouth is going to water like a dog in a dog park. I know a lot of you have friends that think it's disgusting to be cheap, especially if they want you to buy them something, but they think it's disgusting that you're cheap with things. But for me, as a trader, there is nothing more disgusting than overpaying for stocks. Sure, I trade like a spoiled brat, but I don't spend like a spoiled brat.

We want to get the best set up for the cheapest price. Okay folks, well to finish this video, I just want to say make sure to treat every opportunity you come across this week as a battlefield. No matter what battlefield, there are always ways to win and ways to lose. But do your best to exploit these battlefields and take the spoils for yourself.

Anyways, folks, if you have any questions, feel free to reach out to us in the comment section below. Make sure to join us on Zip Trader Circle for a free nightly watch list. And if you're wondering what broker what broker should you be trading these stocks on we always like to send new traders over to Weeble. You will get two free stocks when you both sign up and deposit using our link below, but it's a great platform.

They have great features such as earnings calendars. They have really great scanning capabilities. Um, what else do they have? They have after hours runners, pre-market scanners, and stuff of that nature. It's a really great platform and you also have your after hours in pre-market trading, which a lot of other platforms don't let you do and a lot of the movement happens in the the pre-market and the after hours, so you might as well have that feature so you can take advantage of it and also protect yourself when the market turns against you.

And lastly, if you are looking to learn how to trade, if you want to be forged into a trader, we are offering 50 off if you type in Stay Home 2020 before checkout and that link is in the description below. Anyways, folks, have a great day and I'll see you in the next video.