In this video, we are going to be talking about the top three stocks for this week in late March 2020. But Charlie you are such a you can only make money when the market is going up. Ah well folks, the beautiful thing about being a trader is that you can trade regardless of the direction of the market. wha-ha-ha Quite simply, when the markets going down, we can just play against the market and when the markets going up, we can play well towards the market.

but you don't have to take my word for it. Let's go ahead and look at last week's picks. So the first pick from last week was TLT Now I announce TLT Sunday because it is inversely correlated with interest rates and since interest rates were cut upon free market open Monday it gapped up massively. However, this gap wasn't essentially tradable.

That's why you need to wait for a clean price action and then dive in at confirmation and later in that day we had a confirmation below fair value and then an opportunity to ride up to validation. But Charlie I'm not going to impress Susan with a small 7% gain. Okay, well, maybe Susan will be impressed with our next pick 6. We picked VIX last week because this is our volatility ETN and we announced it here and it went from 350 to 1,000 providing many, many opportunities to buy in and Confirmation and out at validation.

Of course we have been reiterating six since this whole beer bug issue started back in February and it was about at $50 when I announced it. But again, we digress. As part of last week's picks, we also included Key Triple Q. Now Key Triple Q is great for playing on days where the market screen because it leverages upward movements in the market.

So if you have a two percent gain in the market which is a lot more common on Green Day's these days because on the red days they sell off like 10 percent. but if you have a green day in the market, it leverages it three times. And yes folks, t Triple Q provided many, many great opportunities to buy in at confirmation and sell out at validation last week. But take a moment to notice how my picks they all suck.

Unless you're using a concrete trading plan, at the very least, you need to be buying in at confirmation and validation. But there's a lot more to it than that, right? You need to apply concrete strategies. What makes one con 4 in point better than another? And better yet, when you make a plan, make sure that you're sticking to said plan. But anyways, folks, I do want to make my weekly reminder to you to trade like a spoiled brat.

This is actually the perfect time to disinfect bad trading habits, disinfect those bastards so that you can get on making money in the market. And another thing that I want to caution you from is trying to predict whether or not your stock is going to open green or red or if the overall market is going to open green or red. Who cares folks. So instead of looking at a stock insane, will this go up or will this go down and come market open instead? say hey, if I get a high probability setup then I'll take advantage of it.

Anyways, folks, the only thing that I ask in return for this video is that you hit that ravishing like button ravishing. This is really the cure for everything. Well not everything, but it is the cure for unraveling this and that's saying something. Ok and the usual quick plug for folks who are looking for a structured guide to grow their account.

We do offers that Trader You which is of course our self-paced course and private tutor and chat open to all folks. If you are interested in learning whether or not this is the right fit for you, all you have to do is go to Zip Trader EUCOM or click the link in the description below. Ok so to start let's take a peek at the big events coming this week and by the way, thanks to Patrick from our Zip Trader Circle for sharing this but the biggest items this week are the weekly jobless claims, the consumer spending, and of course consumer sentiment. We love the sentiment of the consumers.

Now as our population in the U.s. is reaching record unemployment claims will start getting more concrete numbers as the how this is actually impacting the job market and consumer spending. and this is sort of the first step on the journey to that. Now as days go by, we have tons and tons of speculation on how this whole crisis is impacting our economy and these announcements will undoubtedly have huge effects on investor outlook and thus create volatility, both an anticipation and in the aftermath of these announcements being dropped.

So these are some things to keep in mind this week. If you're wondering why all of a sudden the stock market went up a lot or went down a lot more likely and went down a lot then all of a sudden you could say hey, well that's because the Jobs Report dropped Waha so just keep these on your radar so that we can take advantage of them instead of let them take advantage of us. Ok so for the first pick today, we're going to go ahead and introduce our Zip Trader MVP one of our favorite MVPs and that is Vixx T VIX Now Vixx please take about. Thank you thank you thank you Welcome back! Shrek's Now Fix has done so well over the last month because the market has been so volatile and fixed.

Benefits from volatility, uncertainty and volatility is what towers are French Fix And as we saw some relative lessening of all the Atilla T on Friday Fix got beat down like a rabid dog after hitting new highs on Wednesday So how will we be playing Fix coming into this week? Well, first off, you don't even have to place. VIX In fact, if it's too expensive for your account, don't worry. All you have to do is switch to UV x y or VIX Evi X Y Those are smaller values and you could play those and they play pretty much the same movements. The percentage changes are going to be a little bit different because Fix is very, very overextended, but at the end of the day it's the same sort of security.

But anyways, in order to trade Fix, all you need to do is make sure that you're focusing on the right entry point. Obviously that is always important, but let's take some lessons from Wednesday's run up on Wednesday We had a pretty by-the-book trade, using our elevating factors to figure how to push more odds in our favor. Remember, trading is a probability game and that means pushing odds in our favor against our favor. No, no, no, no in our favor in this situation.

Heather We acknowledge that it is oversold and see signs of price strength appreciation too. Big warning signs too big odds pushing in our favor elevating factors folks. Then we simply buy in at confirmation and ride Prai strength until validation. Now, if you did this properly, you wouldn't catch all of the move Fact: You'd likely give up a decent chunk of it, but the idea isn't to get a perfect trade, but rather to grab the best part of the move.

Imagine you are a wild lion in the prairies of sub-saharan Africa Wrong. You're hungry. You're so hungry. and you spot ten running gazelle.

You are a big strong lion, but you definitely can't catch every single one of those gazelle. so you just grab the biggest and the juiciest one. That is what we are doing as traders. My back - fix.

What you need to understand is which fix. Yes, we're playing price action like we would many other opportunities, but what should actually doing is allowing us to profit off uncertainty. A lot of people they get their emotions all in a tingle and they're like oh, it's so uncertain I don't know what to do, but why don't we profit off the uncertainty by trading something like NYX But the key with this is of course always keeping shakes on the table for when the market decides to take a sharp dive or a rapid shift. I Always tell people when the markets going down really quickly or something unexpected drop, you need to make sure that your mind clicks and says VIX Also a funny side note, when I decided to get into trading, everybody was telling me my friends and family were telling me Charlie why would you want to do that? There's no job security, there's no benefits.

What about your retirement? It doesn't matter if you make money because you don't get benefits. and now all these people don't have jobs and have lost their benefits. and I'm still here with tons of work and opportunity. It's funny how the tables turn and just to be clear, of course, I Do hope that everybody gets back to work as soon as possible and that this whole mess goes away.

My point is, don't let people talk to you out of following your goals. Don't settle for something because you perceive it to be the less risky option. A lot of the times what you're passionate about will be the least risky option. Now he knew is our latest hype play.

and I really hate talking about hype plays because I know that people have some sort of cognitive dissonance when I introduce these. What happens is when I introduce these tickers. I'll give like this big analysis on what needs to happen in order for me to take a position. I'll say oh, you need to buy in at a high probability setup, you need to wait for confirmation, needs to wait for elevating factors, and then once you've gone, you're elevating factors.

You need to sell out when you have deprecating factors, and then they'll just hear bar ticker and it go boom boom No folks. In fact, these tickers are terrible and will help you blow up your account. We never never never recommend tickers because we believe in them, but rather because we think they're going to provide a high probability setup. If they don't provide a high probability setup, then we won't be trading them.

And you shouldn't either. We trade like spoiled brats and Anu ran up on Friday as part of anticipation for a 60 minutes report on the makers of vaccine for beer bug drugs. This should add even more investor recognition for a new Ed is anticipated to provide some more volatility going into this week, but I've seen this a million times where something runs up in anticipation and then gets beat down after as investors had already over factored it in. So the goal is it to randomly buy at market open, but rather to see if investors do react.

Will this high-end investor interest or will this heightened coverage of Ino provide more opportunities for investors to go and look and say oh, I'm gonna invest in this stock and that causes the stock price to run up? Will that happen? Will that not happen? Who knows, We don't know. So that means that we have to wait till we get a high probability setup. So wait for priced rates, set alerts this week, and wait until we have more evidence of strong running up in terms of elevating factors. And there's also other 60-minute takers that ran up massively that were also included in this report such as TN X P.

But one of the reasons that we're talking about II knew specifically instead of TN xB is because it has a pretty strong pattern of running up like an inflamed banshee on news and then falling down we love in a flame banshees cuz we can take advantage of it and then hop off the Banshee before we get burnt. Okay next, D W T Now DW T is my preferred way of trading oil. DW T provides some insane runs as we are in an oil crisis right now. But the reason that we love DW T The reason that were romantically engaged with DW T is because these runs aren't hard to catch.

These aren't gap ups, but rather they're really, really clean and slow run ups that we just love. Remember, we as traders get quite excited when we see clean running up because that means we could simply buy in at confirmation and write that clean clean, beautiful price action above the SMA line and then sell out. Let me get that validation that going into negative priced rights territory and with DW T, we've had that time and time again. and then after the sell-off we get even more opportunities as it has a sell and recover formation.

so previous patents they tend to repeat themselves, but they don't have to. So what that means is you're waiting for high probability setups. You're waiting for that confirmation. You're waiting for a fair deal on the RSI volume is also quite important and I Haven't talked about this in a while.

but if you have a low amount of volume and you don't have the price move in anywhere, then hey, you know it's pretty much a dud position. but if all of a sudden you have upward increase in volume and the price action is increasing, that's called upward set to mid volume and that's a elevating factor. It tells you that the more people that go in, the more the price action goes up. So that means that the people that are investing have upward sentiment.

It does not mean that that sentiment can't change, but it does mean that in the present, it's an elevating factor. Okay, and lastly, let me reiterate a quick bonus. So on days where we have an upward direction in the market, make sure to keep an eye on T Triple Q T Triple Q leverages movements upwards and thus provides great opportunities on the few days where we do have green days or during those upward spins. and we talked about that in the beginning of the video in terms of the recaps.

but T Triple Q is quite useful and it is something that you should be keeping an eye on for playing off upward direction days. But anyways, folks, I Do hope that this video is helpful. If you have any questions whatsoever. feel free to reach out to us in the comment section below or join us on Zip Trader Circle.

We also post lightly watch lists on zip Trim Circle, so if you're interested in free watch lists and a ton of other traders that are really motivated to make money in these markets, then you can go ahead and join us there. And lastly, if you're wondering what broker to trade these stocks on I do always send new traders over to Weibo Wiebel is a excellent and powerful free broker, and if you sign up with our link in the description below, you will get not one but two free stocks and the second stock can be valued up to $1,400 which is pretty good for trying out a free broker. Anyways, folks, have a great day and I'll see you in the next video.