After a week of the stock market being a little uncertain, Sally starting strong, selling off and then rapidly dumping before giving us back some ground on Friday Many people are dubbing this the Great Kangaroo Market and amongst a kangaroo Market, many people are returning back here to ask just one. just one simple question. a simple question that has hung over the minds of the masses for generations. a simple question whose answer hides in the deepest parts of our souls and the darkest depths of our being.

And that question is what? What? Charlie are the top three stocks this week? Well, in this video, I'm going to be answering just that. I'm going to be telling you quite violently what each of the top three stocks are for this week, but in order for you to actually know how to trade them, we are going to go and have to review last week's picks. Okay, last week we talked about DG Ly now. D G Ly is a body cam making company that had previously run up massively on speculation of police departments having to order more body cams due to riots and protests, but with more cities passing laws that require their police to wear body cams over the weekend and DG Ly being awarded contracts, we explained that Monday would provide lots of opportunity for us to trade off up and the next day Monday it ran up from where we called it at 274 to 465 which is a casual 84% game that I tweet bragged about on Monday coughed at zip Charlie cough but then it continued running to a high at 7:10 before validating now.

But look folks, just because I call something out based on current events doesn't mean that my picks are even helpful to you. In fact, if you didn't go into this with a clear plan, what is to stop you from buying here and selling out here? Nothing. So at the very least, you need to have the risk management know how to buy in at conformation and not hold past validation. But if you just buy these randomly, don't expect to make money.

Random actions don't mean you're going to make money, right? That's just gambling. Next, we talked about oil prices. There had been an agreement over last weekend to lower production, but the drama of OPEC and oil producers going back and forth met fluctuations in oil. So we called out our favorite oil pair Yuko and ESCO for opportunity.

Yuko was strong early in the week, ESCO strong later in the week, but both were great opportunities for traders next week. All doubt work as an overreaction play for swing traders. We talked about how we wanted it to continue to sell off and find a clear bottom and show signs of increasing, and it ended up just continuing to sell off. So while we did get the sell-off we wanted, we didn't get the bottom that we wanted.

But because of the greater sell-off we now have heightened upside, which makes this particularly very attractive once we get to that bottom. Last week we called out SP Excess and talked about how important it was to be prepared with SP excess or when we do get an inevitable sell-off. And since we did get that violent sell-off SP Excess ran up massively last week and this was a great play, but it's more of a testament to why being direction independent is so important. so you can trade both sides of the move right? And lastly, few weeks ago, we called out Zoom ZM Prior to earnings, we said that pre factored in earnings usually result in beat downs upon announcement, and thus we'd want Zoom to get beat down so that we could take a position upon its recovery and we got exactly what we wanted.

Zoom got beat down on earnings and then recovered shortly after. But I Do have a responsibility to tell you that if you're not trading like a spoiled brat, if you're not going in with a risk management plan, you're going to lose money. Remember, it's never the trader that tells the market what's profitable. It's the market that tells the trader what's profitable.

Don't be a headline jockey that reads a headline and then makes their decisions based on that. Don't make a decision based on your little feelings. Be a spoiled brat that looks at a setup and says okay, this is worth taking. Or if this isn't worth taking, if it makes sense, trade it.

If it doesn't make sense, don't trade it. But in any case, folks, the only thing that I ask in return for this video is that you hint that ravishing like button And yes, that subscribe button is quite ravishing as well. Also, a quick plug for folks who are looking to learn how to trade. We are still offering $50 off that traitor you.

This will be expiring at the end of the week, so if you do want to get that $50 off, make sure to type in Stay Home 2020 at checkout to get that off. But anyways, this is a course for folks who are looking for structure to be forged into traders. Of course you will need to put the work in, but the course does lay it out in a very efficient way for you to do so. And if you're interested, you can go ahead and learn more by clicking the link in the description below.

Okay, so to start in a kangaroo market like we find ourselves and currently, it's important to know that the underlying uncertain price direction that causes this can be broken down on a market wide level to psychology. Right now, our market condition is best summarized by one word: Fear. Now I don't just mean the cliche of fear of a crash I'm not that simplistic. It's two different types of fear.

It's the fear of participating in this market and it's the fear of missing out on this market. Investors know that after this original beatdown, insane profits were made afterwards, but they also know that another crash can be inevitable. so investors are trying to balance their fear of losing money with their fear of missing out, and they still don't know which way is up. So how as traders do we profit off this well by trading off this fear and uncertainty, As last week's volatility sent ripples of fear through the market.

You Vxy ran up massively, nearly doubling in two days. Uvx Why is essentially a mini fix for people who watch all my videos. But for those unfamiliar, you Vxy runs up with implied volatility, which can be loosely broken down to mean that it runs up with heightened fear projected in the overall market. So likewise, during these times of uncertainty, we can play you Vxy.

But here is the kicker: since we don't know if Thursday's crash will be the start of another sell offer, just another mini correction. why not be prepared for both scenarios. come market open Monday and throughout this week, if uncertainty continues to rally, you, Vxy can be a great play if uncertainty cuts back. the inverse S Vxy can also allow us to play the downward movements, and that way it's a win-win scenario as long as we keep our eyes open for both sides of the move.

Ok, next hurts now I Want to be clear: Hertz is not a top stock to buy this week, but rather one to avoid. If I could make a video on the top three stocks to avoid, this would be number one now. We've talked about it in the past and called out some of the moves during the early days of the bankruptcy, but now that things have changed and people continue to hype it I Feel that I need to call this out. The company is really screwing the pooch when it comes to taking care of shareholders.

I Just I Can no longer recommend you trade it because it's just too unpredictable. Now this is a company in bankruptcy dealing with threats of delist. II and even with all that going on, they are still going to screw over their shareholders by offering even more shares onto the market, deluding the price. And just to be clear, I did recommend this too weeks ago.

but that's back when the bankruptcy reaction had just happened and it was mostly based on height and after I had called it out, it ran up a hundred percent the day after I called it and then it went on to run up another five hundred percent. But just because I recommended trading it then doesn't mean I recommend it now. I'm not one to shy away from risky positions, but the risk now is just unmanageable and if you play with fire, eventually you will get burnt and the fire has spread. It's gotten much worse and there's no fire department here to save it.

so this isn't a play that I will be touching unless we get more stability. Okay, next for you swing trading junkies: Starbucks Now besides caffeinated you and ripping endless amounts of cash out of your bank account, Starbucks has got beaten down both with the overall market and on its own accord from the day before. The reason I like to speak down is because we are in the situation where we have heightened upside. But we also are now testing an upward direction with the price action touching our red directional SMA line here.

Remember when we are above the Resurrectionist mail-id we are in an upward direction. When we are below it, we are in a downward direction. The mic wise, you can see where we're trading that now. but if we break into an upward direction above this red directional SMA line and hold that, that is the criteria for a pretty strong swing position if it tests that direction and holds it.

And we did just come from oversold and increasing, so that's a pretty strong elevating factor. But on the other hand, if we continue to sell off, this is going to be an even better opportunity as we'd have even more upside once Starbucks found its bottom. And by the way, shout out to Robert from Zip Trader You for pointing this out. He actually called it out in our private chat back before the original overreaction correction had even happened.

It's funny that a lot of our Zip Trader you folks are better at finding these opportunities than I am. which I Don't know if that reflects well on me for having a favor of course, or poorly on me for being blind to some of these opportunities. But regardless, great opportunity. Good job! Robert But anyways, next.

Okay, so let me preclude this last one by saying that Excess PA is almost exclusively at this point a hide stock. but we originally started talking about excess PA back in April's top six penny stocks video: it's an airport spa turned Corona testing facility. This is what the spas actually look like. But see, they had an advantage of being centered in tons and tons of airports already pre-crisis and thus had an advantage to be testing facilities if the airports were going to at these testing facilities.

and well, I did think the idea of turning these spas into testing facilities seemed a bit hokey back when I originally talked about it. We also talked about how the previous price action meant it was extremely likely to provide hyping opportunities. But anyways, coming back to present day, we are in this area where in order for airlines to come back, we will need more testing. As many analyst monkeys are pointing out, Express Spa is delicately placed to be a front-runner beneficiary of this need.

And they've already won a contract from one of the busiest airports in the US. So the question entering this week is whether or not excess PA will provide those juicy, juicy opportunities that we've been seeing. And for context, we are still trading pretty high and this massive increase on Friday suggests a sell-off correction on Monday. So we want to make sure we are getting a good deal, but only on oversold and recovering.

So what do I want? Well, I want a sell-off and heightened hype to play off of? but I'll settle for just the hype as well. but it needs to actually move and show elevating factors for me to be convinced to take a position. Anyways, folks, if you have any questions, feel free to reach out to us in the comment section below. if you'd like to join us for our nightly watch lists, we do offer nightly watchlist every night in zip.

Trader circle link is also in the description below. And lastly, if you are wondering what broker to trade these thoughts on, Weeble is offering two free stocks and they have an excellent and powerful platform if you sign up with our link in the description below. Anyways, folks, have a great day and I'll see you in the next video.