As protests, riots, and chaos rail across the United States Any country continues to struggle with the beer bug, many are left asking one simple question: just what what? Charlie are the top stocks this week? So in this video, we are going to be talking about what the top stocks are going into June But Charlie How did last week's picks go? You never talked about last week's picks. how are we supposed to watch you if you don't even recap your previous picks? Well, last week we started with Baba Lovey Baba Baba Go Sheep! Baba We talked about how Baba had gotten beaten down like a rabid dog. how since every reaction is an overreaction, we'd want to catch it after it held its bottom. After finding its bottom later in the week, it then rapidly ran up.

But this was sort of a kindergartner type play as Baba has a history of doing just that. Next we talked about Hertz We talked about how it had filed for bankruptcy and was extremely likely to get delisted, but that because of the massive beat down, it's going to be extremely likely do have an overreaction play before that even goes through. It sold off on Monday but then had our overreaction play on Tuesday running up a little over 110 percent before selling off. and if you follow me on Twitter Koff at Zip Charlie you'd have seen my beautiful gloat tweets.

But at the end of the day, it's not about gloating, it's about finding big opportunities and everybody has access to this information. Next we talked about Spxl. Spxl multiplies the movements of The S&P 500 by about three. So when the S&P 500 goes up, s pixel goes up massively massively.

and last week we had many days I've been saying price action to trade awful. And lastly, we talked about mRNA. We talked about how mRNA was a beer bug hype stock and that it tends to sell off rapidly and then recover rapidly. It then rapidly sold off and found its bottom at 46 13 before running up 35% throughout the rest of the week.

But with that being said, one of the dumbest things that you can do as a trader is randomly buy these stocks. A lot of people think it's quite pathetic that I have to actually go and put work in to trade stocks, right? A lot of people like to say hey yo Charlie would be great if he gave us stocks to buy and we could just be guaranteed to make profits, but that's not how the sophomore kit works. How the stock market works as I present battlefields and then you go and you trade off the battlefields if you were a soldier and I pointed out a random battlefield for you to go run into and you went into it with your eyes covered. Do you think you'd have a good time? No.

This is why quite casually, you need to have a plan and you need to have a specific strategy that involves risk management and confirmation and validation hold in price strength right? Trading off price strength. There's no such thing as just randomly buying in without a plan and making money consistently. If you randomly buy in, your results are going to be random right? But in any case, folks before we get into the pillaging that we're going to be doing as stock market soldiers this week, the only thing that I ask of you in return is that you hit that ravishing like button and quick plug. For folks who are looking to learn how to trade, we are offering $50 off Zip Trader.

You all you have to do is type in coupon code. stay home 20 20 a check out and you will get that $50 off. Ok so to start with the massive increase in instability in this country, it would be extremely foolish of you to not be prepared with our favorite Fear Index shrits. T VIX is the Fear index and runs up with abrupt uncertainty.

As many of you know who have been following us since the beginning of the Beer Book Crisis. During the first month of the Beer Bug crisis, instability speculation was at record highs and this caused our Fear Index to run from 50 to 1,000 in a few short weeks. I actually made a video about it back then in February talking about how VIX was going to be be play during this uncertain crisis. But now that we are entering a new period of instability, investors will inevitably be spooked and will have more opportunities to play off VIX this week.

But Fix is for quick trains, It is not for holding and hoping folks. Ah, remember, we want to play off intraday runs. If you look at just one plane last week, one play, which fix last week, this was quite a good opportunity. But how would you have known that this is going to happen? How would you have known to play this if you didn't understand what makes a good position, what creates this opportunity for you to buy in? How would you have known to play this right in this situation? Here's Fix broke into an upward direction on Wednesday and provided an insane run on a spike in uncertainty on that day.

But playing this involves acknowledging the open to an upper direction over or read directionless mayline and buying in a confirmation, then proceeding to ride the price action. But if you held past that validation, you were leaving yourself off to the inevitable sell-off. So we want to play these clean runs and if we see them this week as a result of heightened uncertainty, then you better bet then we're going to be playing them. We want to casually but violently take advantage of these setups because that's who we are as traders.

Okay, next nerve Now this one is going to get me in quite a bit of trouble with the trader eating goblins I Hate those goblins now. Nerve announced they flunked Schizophrenia study and likewise got beat down like a goose in a goose fire. And you know that we love top losers. Top losers get oversold and correct and it provides some insane opportunity.

But this sort of reaction is what we always see when it comes to these small drug companies that have like one, two, or three little drugs in the process. If one of them goes kaput, then these thoughts are going to get beat down rapidly. And this is what we saw with nerves. But it is important to note that nerves, Well, they have other drugs in the pipeline and they haven't really yet had time to control the negative publicity or defend the trial results.

Companies almost always find a way to put a spin on these sorts of events. Right when they have negative phase data, they take some time and they figure out how to do damage control. and as long as nervous continuing to work with the FDA to pull this drug through. it's hard to argue that the nearly 80% drop isn't going to result in an overreaction correction, and this is pretty much on par with what the monkey analysts are saying.

We love the monkeys, don't we, folks? The monkeys are saying that while the drug has lost some of its luster, there's a chance it still has value. But from a trading standpoint, it doesn't really matter if it has value, it just matters that investors think it has value so that we can have that run-up that we need to train off of. But because it's been beat down so much, literally any piece of news could provide insane fluctuation for us to trade off them. And now, ladies and gentlemen, that's what gets me through the day.

these beautiful, beautiful fluctuations and we have already seen some running up after I Had the nerve to tweet about Nerve back on Friday Since then I ran up about eight to nine percent after Alice But this week we're going to be looking for nerve to control their PR damage and provide us with some new opportunities. But Charlie Idiot. What are the monkeys saying? Well, the monkeys are projecting a casual $15.00 and 75 cent price target. But to be clear, as much as I don't like the monkeys, this isn't really fair to use as a price target because because most of them haven't yet updated their price targets so it's not really fair to use this because this drug result just came out so we'll likely see some downward pressure in the price target.

But is it going to be 80% I Doubt it, it's not going to be 80% They're probably going to adjust it to like $10 or $9.95 a free Facebook group and we post slightly watchlist there so you'll never miss out on any opportunity that we cover if you join Zip Trader Circle Fantastic! Facebook Circle The Best of Circles Okay lastly, Zoom Now I Don't like the price of Zoom. In fact, the current new high-end previous reaction to prior new highs makes me want to spin around and jump out a window. Frankly I'd like to see it sell off so we can get a good deal, but Zoom is going to be having their earnings on Tuesday and they have high expectations from Wall Street They are expected to earn 10 cents per share. Where is Just a year ago, they were earning about 3 cents per share.

That's more than three times last year, but that makes sense given the massive demand for video conferencing throughout this crisis. But it's also important to note that the stock price is already up 164 percent. Year-to-date it's already run up so much that it's hard to argue that the stock price hasn't pre factored in a lot of growth. Even if Zoom gives an amazing an amazing earnings report, it still likely that the stock price would get beat down because it's already pre factored in so much.

If we see a sell-off after earnings, we'll be able to buy in at a discount and increasing. We Love binds thoughts when they get beat down and are showing signs of a recovering. But if we see a sell-off prior to earnings and then a run-up post earnings will be able to take advantage of that increase. Upside for earnings I'd Say the only bad scenario here is if the earnings come out and the stock price does nothing, it stays flat.

and since we are already trading so high, it's hard to convince ourselves to take a position unless we get in at a emotional good deal. We want people to oversell this. I don't care what gets us oversold I Want them to oversell this? Okay, And lastly, a quick bonus as many of you know: Elon Musk Space X Launched Went off this weekend and there's a lot of speculation as to how this is going to affect. Tesla Come Market Open tomorrow Now of course Tesla is a different company than SpaceX, but Tesla is largely built around Elon Musk's persona and an investor's confidence in his success.

The logic then goes that a successful rocket launch like this would likely cause an emotional reaction throughout his companies and most notably in Tesla because if the company is built around, Elon Musk in many long, Musk is seen as more successful or he's seen as pillaging. Newgrounds that increases his persona and that could help with Tesla That's sort of the logic that people are pushing out and I totally get that argument and that make sense to me, but the fact that Tesla is trading so high already makes me a bit squeamish. and I'm also a bit skeptical of a notable reaction to justify the downward potential. Perhaps this could go up based on this positive catalyst, but is it really going to go off like 30% 20% 10% Probably unlikely given the fact that so much hype is already built into.

Tesla But hey, you know what? I'm going to keep an open mind and if we see a high probability setup then we'll take advantage anyways. folks. I Do hope this video is helpful if you have any questions, feel free to reach out to us in the comment section below or join us on Zipp Traders Circle. The link is also in the description and of course, if you're wondering what broker to trade these stocks on, we always like to send new traders over to Weeble.

They are offering two free stocks if you sign up and deposit with our link in the description below and it's a very powerful broker. They have things like earnings, calendars, after-hours runners, pre market gainers, just a ton of really simple easy tools that a lot of other brokers have kind of messed up because they just make them so complicated. but we both lays it out perfectly and powerfully so. You might as well check them out.

And aside from that, if you are looking to learn how to trade Zip Traitor, you is going to be $50 off. For folks who type in stay Home 20 20 at checkout you can learn all about what it is that we offer on Zip Trader You just by going to the website, there's a total breakdown so you could determine if we're a good fit. Always folks have a great day and I'll see you in the next video.