Charlie introduces the NEED TO KNOW top 3 stocks right now for day and swing trading in June 2020. He also gives a brief update on the market and explains how to utilize it using the best trading strategies available.
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⚠️Tickers Mentioned: KPTI, UONE, SPXL/SPXS
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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.
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A. 📈Join ZipTraderU ➤ http://ziptraderu.com
B. 🚀Join ZT Circle (*Free) ➤ https://www.facebook.com/groups/ziptrader
C.✅Webull "Get 2 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: KPTI, UONE, SPXL/SPXS
📌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
After a fun run up on Monday, the stock market last week was essentially flatter than my face when I first learned that the earth isn't actually round. Amongst continued bombshells, heightened case increases, more fear-mongering from the media, and rising caution from the Fed The market as a whole has barely done anything. It's not doing its intense gaining runs that we saw in the first few months of the crisis. It's also not doing its intense selling off that we saw during the beginning of the crisis.
the only way it could have been more boring. as if Elon Musk's the boring company was publicly traded. Yet, as we approach this next week, many headline jockeys are asking the eternal question: Is this the calm before the storm or we yet to see destruction, fire, and fury the likes of which no man has ever seen before. Or are we about to be rushed back into more glory days of the stock market? Well, we don't know the answers to these questions, but we for sure do know the answer to one simple other question.
And that question quite gracefully is what? what? Charlie or the top three stocks for this week? Well, in this video you are going to be learning about just what the top three stocks are for this week. But Charlie, how did last week's picks go? You never talked about last week's picks. Okay, well we'll talk about last week's picks in our top Penny Stocks video for June We talked about EVOC as they were having their FDA approval decision on the 19th that was this past Friday and on Friday after it got approved, it ran up over 100% in the after hours. Of course, if you didn't catch this video and you didn't have a broker that allows after-hours trading like Weeble Coffee Bull to free stocks if you sign up with the link below.
but if you didn't have a broker like Weibo that allows you to trade after hours, you wouldn't have caught this. But anyways, when we called it out it was trading at 232 and it ran up to $5 upon approval. Next in our top video for early June we talked about work who work folks, work had gotten beaten down on earnings and since every reaction is a filthy overreaction, we talked about how we were looking for it to bottom and provide our correction. opportunity.
Work did find its bottom and ran up four or five dollars per share from bottom in 90 just under $35 before validating out last week. We also talked about how HTC was a bad play because their board decided to continue to screw over shareholders that had held through bankruptcy by doing a direct share offering. This ended up being good advice as Hertz continued to lose another 50 percent of its value. Next we talked about you V X Y and s P X Y This is the pair that helps us exploit fear.
This was great for Monday you Z X Y gapped up massively on Monday and then it's inverse. Sv x Y had a very clean run the rest of the day. Very clean folks and you V XY started picking up again at the end of the week. We talked about excess P A Last week it had gotten reverse split and was getting heightened coverage and volume. We explained how it would be valuable if we got a catalyst this week and a high probability setup. However, neither happened. In total, this was a garbage pick. It was a garbage pick Charlie And lastly, let me go ahead and give you an update on NPR V we call that NBR V when it was trading at 75 cents.
As we were nearing a new FDA approval date for their drug contempo, we talked about Hobby Company delayed it twice and will in all certainty be delaying it again in June but that the run-up to this date and passed it would likely cause a pre anticipatory run that we can trade off of. It did run up 20% after we called it, but just like NPR V said, their application ended up getting delayed again with a CR LD to comb it. So right now we're at the stage where it's getting delayed again and my goal with this is still the same as it was before. My goal is to play pre anticipatory runs as we get a new date.
Hopefully it gets beat down on Monday so we get more upside when we do eventually get that date. But folks, let me take a minute to tell you about the stock market's biggest nightmare. The stock market's biggest nightmare is somebody who trades like a spoiled brat if you are someone who is doing your own due diligence. If you are someone that has risk management, a plan and God forbid is waiting to buy in at confirmation, you are the biggest nightmare for the stock market.
You are literally going to make the stock market scream and cry, and there is nothing more beautiful than a whimpering stock market. But unfortunately, a lot of people just see the stock market as an excuse to go out and blow through their capital. No folks, if you're buying stocks randomly without a plan, you're not putting effort in, you're just gambling. But anyways, folks, the one thing that you can always do that's never a gamble and has a guaranteed return is always hitting that ravishing like button.
And that's the only thing that I ask in return for this ravishing video. And yes, that subscribe button is quite ravishing as well. And of course quick plug for folks who are looking to learn how to trade. we are offering Zip Trader You that is our course and private chat and that's the first link in the description below.
Sometimes folks ask me why why Charlie should we buy a course If we can just go on YouTube or go on Google and search random stock advice. Well, that really depends on you. A lot of people don't find success trying to compile together conflicting trading advice online and instead see value in investing in an actual structure that provides everything they need, reinforces it, and then gives them access to an included private tutoring jet. But of course, whether or not a course is worth it is really a personal choice and it's up to you.
And if you are leaning towards interested, just make sure to read all that it is that we offer and zip trader use so that you know that we're a good fit. Let's make sure you're confident before you decide to invest in your education. Okay, so to start Kpti. Now, Kpti will be having their FDA approval decision on June 23rd for their drug for Lymphoma. FDA approvals are the holy mother of all catalysts, and Kpti already has a recent history of reacting rapidly to, well, recent catalysts. It also has a history of pre anticipatory running towards catalysts as well. But the one issue that I see with Kpti is that it's already been pre anticipatory running. And perhaps if you were following this the last couple weeks since we call about Kpti in our Top Penny Stocks video, you may have caught this original run.
but now a lot of it has already been factored in. So the question the question now is whether or not Kpti will continue to have its run prior to approval and more opportunity for us to trade off of. And the second question is the post news announcement what's going to happen? It's often easier if stocks get disapproved upon FDA approval because then we just play the overreaction correction if it gets beat down. but we have to be prepared to play both an approval and a disapproval and be directed independent as a lot of pre factoring in beforehand can cause the stock price to dive even upon approval.
But Charlie Who what? Who watch or the monkey saying? Well, our lovely monkey pals are giving us 60% upside to 30 dollars and 40 cents. But let's just let the monkeys beat monkeys and instead Kisan What the market is giving us? Okay, this next one is going to get me into trouble, but you won, you owe, and he folks I Want to be clear that I can't rationalize buying into this unless we get beat down. but you one has had several periods of insane hyping and every time the hyping has died down, it then picks back up now. I'm not insinuating that just because the hyping is dying down right now that it's going to magically pick up again tomorrow.
but what I am saying is that there is an external reason. There's an external reason that you 1 gets hyped so quickly and then dies down. and that is where the opportunity lies. You see, Urban One is a radio conglomerate that mainly targets black Americans and urban consumers.
They reach about 82 percent of black America This is a lot of folks and it's a big deal because any current news climate, these folks are a focal point in our society, but this cultivated in a huge run up on Juneteenth this past. Friday This is a holiday where this community is greater emphasized and a holiday where a radio station like this would get a lot more listeners anyways. and interestingly enough, this rally comes after. Brigade Capital Management Sold 3.9 million shares of this company On June 11th The hedge fund sold it here at around $2 and literally a week later, we were trading at $54 and 64 cents. That's $2 to 54 64 cents in the span of less than 10 days. Ouch, folks! But a lot of these black centric companies have been doing quite well throughout the last few weeks as Americans want to go and support these companies and communities and that explains an original interest, but in terms of the stock itself, there's more to it than this running behavior. In fact, Urban One and it's derivative were listed as the tenth and seventh most popular stocks on Robin Hood this past week. What happens with hype like this is that it all starts with a single catalyst and then volume pours in causing the price to go up.
But as the price goes up, more people notice that and more volume flies in and then it becomes even worse when a platform like Robin Hood You Featherheads Steve edits in the most popular tab, but this hyping and volume cycle while they can't last forever. but while they are here, we have tons of good opportunities to play spikes and you one has run up so much that I can't help but want it to get beat down before considering riding another spike. but it is a worthy battlefield this weekend, one that's worth watching for opportunity and quick out on this. I Find a lot of people like to randomly hold plays for insane amounts of time.
They usually buy in when it goes up and then they miss the exit point and then they just sort of rationalize it away and convince themselves that it's actually a long-term investment instead of a train. But for me personally, if I'm going to be halfway to the grave before I can take my profits, well, I'm not going to be taking that position if you want to trade trade. If you want to invest, invest, but don't rationalize trades by saying oh, I'm just holding it because it's an investment. Simply put, if you're not following a concrete exit plan, you're not being intentional with your trading.
And that means that you're gambling. So don't gamble folks. be realistic with what you're doing. And I say this because of genous I Got so so many messages from folks who randomly decided to buy Gina's a week ago or a few weeks ago just because it was going up and they all felt good and dandy.
Then it inevitably started crashing like all huge reaction plays do and then it's sold off Now because this is one of the top held thoughts right now on Robin Hood and many other platforms. I'm guessing that a large amount of you that are watching me talk right now are probably holding Genus. but let me just give you my honest thoughts. If you're holding a high play that ran up based on hype and you're just thinking oh well, hey, maybe eventually in like 20 years it's going to be worth something that's not a real strategy.
You can't just convert trades into long-term investments because you feel like it and I Have no doubt that at some point maybe even this week, Genus is going to have a run up and then people are gonna be like but Charlie you were wrong, They ran up. But let's be honest here. if you are holding and hoping with this, your goal isn't making money. Your real goal here is not feeling bad about your screw up, but you screwed up so you should feel bad. If you really cared about making money and you really believed in the probability of this stock, then you'd cut your losses and when a new period of hype actually comes, you take an actual high probability setup. This is what I've never understood about people that hold in hope. If you really believe in a stock, if you just really believe in it, if you think it's going to have another period of hype, you cut your losses, then buy in. When you get that period of hype, it doesn't make sense to hold it and hope for it to happen.
Now, who knows when it's going to happen. Who knows if it's going to happen. If you're so confident, why not wait for the price action to actually show you itself. Okay, lastly, Spxl and SP excess.
So inevitably, we will have another trading day that is intense and on that inevitable day, you will need to be prepared with a way to make money on both directions of the move. So let's say Wednesday next week the mortgage is completely done. What do you do? Well, you trade S PX S. S PX S goes up when the market goes down.
Let's say, the market runs up massively. What do you do? Well you trade Spxl. Spxl multiplies the movements of the market by 3 so you have three times more of the move and you can play that on bullish days in the market. Just be prepared and have this pair in your toolkit.
Ok folks, Well, if you have any questions, feel free to reach out to us in the comment section below or reach out on Zip Trader Circle. Zip Trader Circle is our free Facebook group. We have nightly watchlist and we have a ton of great people in this community and it's completely free and you can join us in the link below. And of course people always ask me you know Charlie what broker should we trade these stock Swift and I always like to send them over to Ebel Weeble is offering two free stocks if you both sign up and deposit using our link in the description below and it's a very powerful platform, has tons of great features, and it's very beginner friendly so so go ahead and check that out if you are broker curious.
And lastly, if you would like to learn how to trade Zip trader you is in the description below. This is for folks who are looking to be forged into a trader Anyways, folks as always, trade like a spoiled brat and I'll see you in the next video.
Excellent video content, Mr Harry Gonzalez has the best trading strategies I made $4,950 US dollars, every week with him as my stock broker
Theres vodka in that water bottle.
Dollar store Mark Cuban😂
Ravished.
what qualifies as a "planning to buy stocks"? what the parts?
love the reality check – own the loss – get out and move on. tks as always!
Alkaline smart water. Literally the only thing I drink. I wish I could hit the ravishing like button one more time as you've shown I'm not the only one. 👍
I am down about 30% on both $GNUS and $IDEX, do I keep holding?
Hello Charlie,Could you tell me what your educational background is? Please tell me there is more behind the persona . Thanks friend.
Buy NGMC and make some money!
KPTI…wait for it….wait for it….FDA APPROVAL…yay…RUN UP…….no………nothing….nada……didly squat. Sell….next big idea……………
Is Charlie using a 9 day moving average blue line and 180 DMA for the red line? Why those numbers?
Like if you're watching on Wednesday when Charlie calls the dive exactly for today
Charlie are you a flat earther ? That would be awesome, I can see why you wouldn’t publicize it but you hinted at it ! Thanks for the video !
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I'm feeling a goodnight sweet TVIX video is coming up…
GNUS im at 2.76 let's get this boy up
i hit a like button as a loyal viewer u are becoming a youtube start amazing progress over 200k subscribers any high tech pick keep up ur great work mahalo
Could you please send me a coupon to buy life time access for your classes please?
Thank you so much. SPSX saved me. Great call out and I’m glad I could use it in my tool belt.
JP will run I think soon after consolidation soon
Lmao thats me exactly. Holding hopin they go back up, so i dont lose so much. Averaging down, hoping they one day go up. I just started gambling in the stock market april 25th. Im learning a lot though lol. I lost big time on uonek, bout $69. That was stupid. Then of course the next day open, they get back up again. Still holding htz and gnus, but in at $1.75 and $2.90. Just trying desperately to win big. But what ive got invested, 3k, i could afford to lose. Im actually up almost 600. Was almost 1200 june 8th. But yeah, im havin fun. Sucks losin, but sucks losin on a scratch off too lol. My thing is chasing. Robinhood not opening till 9am, we lose ALL KINDS of opportunities. Shitll spike 3000% from 4am to 8am, then be dead again by 9am when RH opens. Then of course i buy in, just to watch em fall all day. Its not RH users fuckin everything up lol. By the time RH allows trading, the action is gone.
Hey Charlie, Long time watcher, love the videos!!!
I wanted to sign up for zip trader but missed last weeks special, wondering if you could help.
Thanks!
CJJD 🚀🚀🚀🚀🚀
What should I invest 200 for day trading
I'm from Australia I can't use Robinhood nor webull can someone recommend a broker where I can access u.s penny stocks and options
How do we know this isn’t a pump and dump scheme? If you have enough idiots here you could move the price of those stock. I never trust people who are giving stock advice. There’s alway an ulterior motive