After capping off the worst week for the stock market since March, we are now entering what is all but guaranteed to be a rocky week. The election is on Tuesday, shops around the United States are boarding up their stores and police are preparing for riots. Meanwhile, beer bug cases are continuing to rally and abroad England is about to join France and Germany in locking down and a lot of Americans are looking at the data of case increases and saying you know what, It's looking more and more likely that we are going to be seeing similar shutdowns as have been reflected in Europe. In fact, we already have Governors pledging to reinstate complete shutdowns if this gets bad enough.

And with all of this instability looming, what is Congress doing about it? Well, not much. So with all of this in the forefront, the people need to know they need to know the answer to the most important question this week. And that question is What? What Charlie Are the top three stocks for this week And in this video you are going to be learning about the top three stocks for this week. But first we must.

We must talk about what happened last week. Okay, last Sunday we intro the video with our bear funds. I explained that there was no way the market would be able to sustain itself given the case increases in upcoming election uncertainty. And in this case, I was right.

I could have easily been wrong if the Fed had announced more aggressive measures or if stimulus had been passed, but neither of those happened. So Uvx rallied over 40 percent as Pxs rallied s. Triple Q rallied next. Pinterest.

Now we spoke about how Pinterest was due for a scheduled earnings release and how it was running up massively after its sympathy play snap had run up that prior week. Pins ended up running up something like 40. And to be fair, you aren't catching all of the move as we don't hold through earnings, But if you have a broker that allows you to trade in the pre-market in the after hours like cough weeble cough three free stocks if you sign up below, then momentum moves like these are certainly something that you can catch. Okay, Next Chegg their review for earnings and in last week's video, I talked about two different scenarios and one of them were Chad getting beat down and buying the dip upon recovery.

We did indeed get the beat down upon earnings, but let's be real, the Beatdown wasn't as extreme as we wanted. If it had sold off to here, I'd be going gung-ho saying this is a time to buy, But with the overall direction of the market right now, I'm a little bit more picky and in this case, I really, really do still believe in chegg, but it needs to show more evidence of an uptrend. I don't want to buy this and have to just hold it randomly hoping that eventually maybe it'll just go up. So we need it, folks, we need it to show signs of recovery.

Lastly, Carvana talked about how Carvana had an earnings report coming up and between when it reported earnings and the first hour or so of open, we got quite a show. It got beat down to 177 and ran up to 214.. Okay, and let me just give you one warning before we get into this week. Whenever stocks drop, I see thousands of comments from you guys that say buy the dip or you need to be greedy when others are fearful.

Just kind of like reiterating stock market investing slogans. But then what happens is when you buy the dip and it keeps dipping lower, you're like oh my God. This is terrible. I didn't know it was gonna dip this much and then you sell out.

Then maybe a couple months later, it recovers. So the thing is that if your strategy is to buy the dip, you have to have to have to go into it with a realistic expectation as to when it's going to recover. So before taking a position, define what your goal is. If it is to invest long term in a dip.

That means that you need to be willing to hold out regardless of how long it takes or how much it dips. But if you are looking for a short-term profit on a trade, you can't just randomly buy dips because they dipped. You need to wait until they show signs of a recovery. But anyways, folks, before we get into this week's picks, let me just say that I know Halloween is over.

But the one thing that just really really scares me is the thought of people not hitting that ravishing like button. Don't be spooky, be cravishing. Okay and quick plug for folks who are looking to learn how to trade, would like to be forged from the ground up into a trader. and of course would like our daily morning briefings that keep you up to date on what is happening in the market and what I am looking to trade such as the Biotech Play Blrx that ran up 40 percent after we called it out on Friday.

Well, we'll put the link to our zip trader you program below along with a coupon code that will get you 50 off. Okay so to start we all know there is a storm coming this week and whenever there is a storm, you need to be prepared to trade both directions. So I want to present you with two funds to trade off the incoming storm the Fngu pair and the Uv Xy pair and I'll explain why these two are must have tickers in a second. But a lot of you know that I'm bearish on the overall market and a lot of you agree that we are in a huge kerfuffle with possible impending lockdowns.

Case increases the election uncertainty, lack of stimulus, and those are just a few factors that we're facing. So looking forward into this week. We have the election on Tuesday, and while everyone is scared as we approach it, we could certainly indeed see a rebound in equities early on in the market as the market bounces back from what was the worst week in months, which by the way is literally what the market has done. Every single time we've gotten any extended downtrend.

even if everything's bad, if you have a week where the market just totally gets obliterated, oftentimes you still get a bounce. But alternatively, we could also see it continue selling off. and perhaps if we actually get an election outcome on Tuesday, perhaps we see a bump in equities and a rise in certainty on Wednesday, which I don't think is gonna happen. I don't think we're gonna know who won the election on Tuesday.

or perhaps cases continue to skyrocket and the Fed signals new action on the market, and we get a jump towards the end of the week. And I'd be a big fat liar if I said that. we could predict what is going to happen. There's just so many different possibilities.

So, except that the only thing guaranteed this week is volatility. And so here is the game plan. So to start the Fngu Fngd pair. The way these work is, they take the movements of the biggest tech companies Facebook, Apple, Amazon, Netflix, and Google and multiply them, giving us more opportunity to profit off this already opportune sector.

For example, on Friday sell-off Fngd ran up 16 and this is actually a fun that one of our Zip Trader You members put on my radar. But you need to be prepared for the market. and for those of you who haven't taken our complete Etf lessons in ziptraderu, the way we trade these is by targeting Clean runs above our Sma line. For example, Fng opens above our blue price ranked Sma line.

We can buy that and write the price strength to validation. And then when the market inevitably bounced on Thursday, its inverse. Fngu ran up cleanly over the Sma because these have two different directions. That means that you can literally win both directions.

If one sells off, you just play the inverse. The only time you lose is if they just stagnate. in which case, you know it doesn't really make sense to play them. And again, the F and Gu pair cover the Fang stocks.

I like this because these are the stocks that have been providing much, much more volatility and they are likely to get hammered the most if the market sells off, but are also the most likely to recover the fastest. Let's be real. lockdown or no lockdown. Tech is going to be the strongest regardless of what happens.

So having both Fngu and Fngd in your toolbox means you win both ways. But because of their intense valuations, it's very, very, likely that if you see a extended sell-off like we saw, you're going to get really, really, really strong pulling off in tech. Okay, second, fun: Uv, Xy, and Svxy. Now, Uvxy essentially tracks fear and uncertainty and went up 40 last week.

So let me explain why I like it back. at the end of September, I made a video explaining that our fear index was mirroring its actions during the 2016 election year. If you look at 2016, we had a volatile start of the summer. It then calmed down until fall.

It started pushing forward as fall started, and then when the election happened, it ran up massively Afterwards, it cooled off once the election outcome was made, and I made the connection back then at the end of September when I released this video, that this was almost guaranteed to happen again in 2020. And let's just say that's exactly what happened. It ran up. Actually, the index in 2016 overall actually very closely mirrored the index in 2020., in 2020, it also ran up in the beginning of the summer, cooled off into August, ran up in September.

But unlike in 2016, I don't think we are going to see this extensive cooling off after the election. And to be fair, I'm very confident that regardless of the election outcome, you're gonna see some dipping in this index because one more thing is certain you have one less thing on the table. But then when the first U.s state announces a second wave of lockdowns or some sort of new restrictions, that's when we start seeing rallying up that resembles more of this index back in February and March. Honestly, I don't think it's going to be this wild as it was back here as this was literally just widespread panic that we got in the beginning of the crisis.

Nobody knew what to expect. Yes, this time we are more prepared, but I still see this index pushing up as we finish the year. I don't see any situation prepared or unprepared that you get lockdowns and restrictions that force businesses to close and you don't see this index going up. I just see this as inevitably going up into January.

The only way to avoid this fate is with more stimulus or some intervention by the Fed like we had in the beginning of the crisis. So with that being said, Uv Xy and Svxy is how we trade. This Uvxy goes up on days where the index is up and Svxy goes up on days where the index is down. Okay, quick bonus before we go on to the last one.

So watch the ride sharing services. Investors are looking at California's Prop 22, which will decide whether or not ride-sharing drivers from companies like Uber and Lyft are employees and are thus subject to employee treatment and make it much much more expensive to operate. In fact, they've already threatened to shut down services in California multiple times. If California takes this stance, it's possible that other major states start taking the stance as well and you start seeing a domino effect.

So watch our ride sharing stocks, folks. Okay, Lastly, sorry to be a little bit Etf heavy in this video. But lastly, Oil. Now, if you are of the opinion that we are going into lockdown again, or if you are willing to acknowledge that lockdowns in other countries means that oil demand on a global scale is going to start coming down, you should be bearish on oil.

The reality is that even without lockdowns, when you have outbreaks in certain cities, economic activity is going to decrease There people aren't going to go out as much, people aren't going to spend as much, and well, the need for oil expenditure will be reduced overall. So assuming that you think that cases are going to continue uptrending into the end of the year and into winter, well, that means it's smart to start watching oil. And remember, back in the first wave of restrictions, we saw oil future prices go to under zero, And while we may not see that sort of thing again, we certainly can see cooling off of oil prices. And the lovely Yuko and Esco is our oil pair.

And as you can see, oil has already started cooling off in Yuko in the last week, causing Esco to run up. And sure, I think this is a little bit premature to call out, but it's a need to know fund as we approach more countries locking down and have demand for oil crashing. And lastly, let me just remind you that as we go into this week, the stock market is a dirty battlefield. That means that when everybody thinks everything's going to sell off, that's when it starts going up.

When everybody thinks that everything's going to go up, that's when it starts selling off. So my advice to you is to be direction independent. Obviously, I've put my reputation on the line multiple times saying that I think the overall direction of the market is downward. I think that if you look in January and February you look back and say hey, oh my god The whole time it just sold off, it had little recovery days, it had little periods where it juked you out, but overall it just kept downtrend and without stimulus or the Fed intervening, that seems to be pretty much inevitable.

But on an intraday basis you have to understand that stocks they go up and they go down. So if you have a direction and you're being dependent on the stock market selling off or the stock market recovering, well, you're going to have a bad time. As traders, you need to be prepared to trade like a spoiled brat. And that means choosing setups That makes sense.

And let me know what you think about the market this week and what you're watching in the comment section below. By the way, if you think our morning briefings would be helpful to you, you can get them by joining us at Ziptraderu, which is linked below with of course, a coupon code that will get you 50 off. But let me warn you, Ziptraderu does have a one-time fee, but in return you will get lifetime access to the program, the chat room, and all of the morning briefings. But the truth is that I don't think that Ziptraderu is worth paying for if you aren't going to complete it as designed.

If I was somebody looking to do this program, you better bet that I'd be doing all of the lessons, probably multiple times that I'd be answering all of the quiz questions, that I'd be participating in the private chat every single day, and of course, I'd be practicing relentlessly, and I'd be keeping up to date with the morning briefings. And you better bet that I'd be taking advantage of that lifetime access for as long as I possibly need it so that I can get the most bang for my buck. Casually put, I would want to get my money's worth out of Ziptraderu, so I expect the same from you. Don't join us unless you're willing to get your money's worth out of it.

And of course, if you are broke or curious, Weeble is actually giving three free stocks now if you sign up and deposit with their commission free broker linked below. So if you are wondering what broker to trade with, they are a great place to start. And three stocks is actually pretty impressive because they can be valued up to this amount. But anyways, enough with that.

Have a great day folks and I'll see you in the next video.