THE STOCK MARKET IS BACK IN CORRECTION TERRITORY! – My Watchlist – 3 STOCKS TO BUY NOW! – BREXIT

by birtanpublished on September 13, 2020

for perfection alright ladies and gentlemen i got your watson's coming into september 11 2020 and the stock market is back in correction territory the nasdaq dropped about two percent today 1.5 on

The dow 1.75 on the s p 500 but it was kind of a big day very very slow you saw the option phenomena of a lot of movement and price is doing nothing but

Now we touch slightly below where we were the other day we kind of bounced up a little bit from there we talked about this the other day on these watch lists a lot of even random factors came up or surprising more or less but stuff with

The uk and all that trying to get you a better chart here but you can see the next question is touching a little bit below here and then getting ready for some movement here so it's an interesting point in the market

We have a lot to talk about tomorrow friday should be interesting but i'm expecting another phenomena that we've kind of been seeing here with the gap up and down so we'll talk about that but

And nonetheless it should be a froggy fraud eye so we have a lot to talk about i got the keys i got the plays everything that happened in the market today and what else we're looking at and that is pretty much it

So let us not delay you guys know what you need to do drop your thumbs up on the video make sure you subscribed and if you don't know we are live monday through friday 30 minutes before open it's the first link in the description

And it is pinned in the comments we better see you there in the morning it's free 99 it costs you nothing to join youtube.com stock market you could post the play see the plays

Watch the watchlist come to life and yes if you want to learn about macroeconomics while watching the market make moves in the most haphazard adhd way possible then we should see you on stream it was

A lot of fun we love you god bless you shout out to chad bb and the most important thing you need to do post watches below let us know what you're looking at got any plays comments remixes anything

Post them below and source that and pause shout out to chat again i better see you there for bringing friend to colte but right off the bat the first thing we are back in correction territory again that 10

From the all-time highs doing that in three days was the fastest in history but now we're hanging back around these levels so we were out of the clear yesterday now we're not out of the clear this is that

Back and forth movement we were kind of expecting so the main thing we talked about here today is that the vix tells the story so we've been watching this i brought this up yesterday and this is where it

Gets important and really the main thing especially for the option traders you guys have seen this was a very very big move even top to bottom if you put it up on like the one minute

My favorite time frame it was almost comparable to that friday however we gapped down today then we ripped up pre-market there there was a lot of activity going on see there's with extended hours we gapped

Down that's where we closed and then by pre-market and market open we were all the way up so there was a lot of moves so there was a lot of round-trip move there but

Again back to the vix the main thing we saw we kept seeing it hit new lows throughout the day but it really wasn't playing along you could say it's broken but it's kind of highlighting this point

Here with the options that the velocity is slowing and it's not really it's not believing the move and really the best example i've been giving is that this is a visual representation of kind of how premiums have been lately

If you got in early you really caught the run-up on the move they kind of stayed volatile the last few days but now even though the market's dropping again a lot of the premiums kind of held a

Certain level where they're not cheap because they're still up from a few days ago but then they're definitely not at their high so depending on where you bought them you would get clocked so now putting this

Into perspective this is what we talked about this is the market adjusting to these lower levels it's not happening as fast so i said this on the tuesday watch list that remember if the market

Hangs out around the lows and it just doesn't really sell off the market's gonna be like okay well it's not that bad it makes it a lot easier and now too the expectations of pricing ironically

We've been seeing this lesson on a very micro scale with specific option plays like that mcdonald's the other day when it kind of just leveled off but that's what's happening now with the broader market

Even though we're hitting a new level the way it's occurring it's getting reflected in the vix where even though we could go lower it's not as scary as it was unless or

Until the speed of this whole move actually picks up so this was the main key for today this is gonna be the main key now for tomorrow and this is that next phenomenon the key is if we're going to gap up or

Down tomorrow and then how the whole market plays out and it all is going to have to do with speed in terms of selling off or buying as well too even the upside

Even hitting a new low setting a bottom speed and velocity is key however now this is where it comes into the option strategy we cannot force any plays tomorrow i'm going to be looking for a lot of plays

Again if it moves intraday it'll be good the fact that there will be decay on a friday could help with the dailies but you're definitely going to take a lot of risks but most of the moves are happening either gap

Up or down you guys have noticed throughout the day what's been happening if you got in the play the day before market would gap up or down you either won or lost depending on how you were positioned

Premiums would go up then it would barely move throughout the day and then depending on what happened overnight or coming into the morning it would gap up or down again so that's kind of what i was saying today

And we've talked about exposure and all that but that's pretty much what i'm expecting to play out tomorrow i think most of the move will happen in the pre-market move or even that first hour so we're gonna have to see

But keep that in mind in terms of setting up plays that most of your games are going to occur not intraday but kind of okay getting an idea of how it's moved whether it's a one day bounce two day

However it may be and then kind of aligning and positioning yourself with that but i'm gonna be watching out for some sort of gap move in a big move in the first hour tomorrow again

Should be interesting with some of the news and everything that's brewing and then finally that's kind of what set it off today a lot of people in the news were talking about this today and i thought it was

Interesting because this is what we brought up the other day so if you guys remember here it is we kept talking about the pound and i kind of brought that up over late i showed you the trading

Economics but we brought up the pound here on the td you could kind of see the one here and pretty much we're talking about how this was leading the s p and then today

You saw a big fall through on the pound it really really did bad there's a bunch of different news from the ecb it was kind of positive again that's the european central bank but then there was now the uk and brexit news which kind of

Led some of the issues but that being said uh i i think it's like a little black swan that could be brewing in and of itself we will see but how it relates to some of this other geopolitical stuff again

With now russia china and even oil especially but then some of the other commodities it is caught my attention but watch out for that brexit situation and that could be something that could play out or

It could all develop and then lead to one of those straw that breaks the camel's back moment so watch out for that and then finally it's a froggy friday tomorrow it has the potential again

We don't know even though i'm expecting kind of a gap up or down and then the movement kind of being concentrated there there's still going to be potential for these individual moves you saw what

Happened last friday we turned 15 into 500 there's going to be some of those opportunities and this is just an interesting market the key is going to be watching your balances in cash and controlling that

You can make strategic points but if you start betting majority of your cash in a direction or on a play then you are literally just betting at that point but that is pretty much it so let us get into the plays

So right off the bat i have three different types of plays i mean i will watch apple since we were able to hit that last week and i think those contracts are still a little weird especially the ones with time you've

Seen that theta crush however just cheap options on friday i got some on bank of america with a little time i will look at the dailies but i like the banks too because even in the midst of all of this you will see that the

Banks uh they they really have not moved again they had powell and all that but they haven't just they've literally been plateauing like snapchat and some of those stocks that we talked about you can see there's jp morgan goldman

Sachs city the banks have all stayed there and remember that bank thing is coming up so even then i want to play this on the shorter term but i like a lot how it's looking it could even be a swing trade we will see

But this is timing's worst nightmare because this will just literally be theta and kill you but that is gonna be the first play again some of those cheaper options i did make a play on them today

I grabbed a hundred of the next week 22 puts at four cents i think they're like five six cents on the ass so even though i got them like during the next low think about

The stock dropping like 40 cents since it did it so slow the options barely went up in value so that was a very interesting play but that was that theta crush cuckening effect that you saw today so watch them

The next play i'm going to be looking at is mcdonald's and hd both of them are the big rotation winners and they move a lot so if there is activity tomorrow you saw how we hit those last thursday but

It might be different here on a friday let's see how that plays out but i like both of those i'm still in those calls waiting on the travis scott news to see if that could potentially hit but hd i have no other position in but

That's gonna be the second one i'm watching then microsoft walmart i have the microsoft i have one of those dailies it came back to life remember we made it free yesterday but they came back that's going to be

Interesting and that gives me some of that exposure but both of these can move off of that stupid tick tock news and how that's been going back and forth so it'll have the ability to kind of

Bake in some random iv there and that might make it expensive on friday but we've been watching microsoft and walmart move they've been getting some attention so keep your eye on there and then finally

I made this play today i'm gonna see again even for a daily or if this develops but netflix they were one of the stay-at-home tech winners but the play that i grabbed on it here and again they had weird news

A lot of i think there's like over a couple hundred thousand tweets about canceling netflix uh because of one of the movies that they're putting on our show it's very very controversial but

There's a few reasonings to this play again i just like how netflix has been a winner again one of those stay-at-home winners but i grabbed two of the september 18th 415 puts got him at 60 cents each so i spent 120

400 on the options i didn't spend as much as i'd been still a decent amount but still keeping cash i wanted a little bit of exposure i had some graveyards come out today we didn't

Sell those but the idea is just not getting too jumpy because even on this move even i got those bank of america's good timing you put your money down you're getting stuck in these plays whereas now

If the market even does go down since it's not selling off you're not making as much money but then if it bounced you would get claps so be careful that's what we're gonna be looking for the opportunities to snag it

Where we could confirm it but those are the first three plays or four plays i'll be watching tomorrow again mcdonald's hd all those i will be watching apple we have those graveyards they're a little bit cheaper

But at the end of the day don't forget the cuckening and how it could be playing off there's going to be a lot of whipsawing but we talked about it today since i have exposure i don't i didn't

Really want to grab too much today if you didn't have exposure a lot of premiums are cheap this cuckening this premiums getting decayed even with the stock going in your direction it helped but

We still haven't confirmed it so it's a good time but it's not a good time to throw all of your cash in really a very very small moment calls and puts everything is cheap on both sides but that's because things are

Getting deflated because if we start entering a period where you don't move for a month there's a reason why those calls are going to get cheap and those puts they may never hit remember you might need to

End up in the money but those are going to be the main plays i'm going to be watching for tomorrow as far as everything else really just watch the bank some of the other momo movers but the banks are really going to

Keep my eye on the main ones we have and it's really going to be about responding and then finally how to respond will be through the uv xy if this starts to go back up again and starts to go green on a big red day

Or as the market goes down starts to hit new highs with each new low that is going to give you the information you need but if it kind of levels out here

This could put us in an interesting scenario and it could resemble a lot of that june 11th of this year again the february beginning of the covet or even august last year with some of these cuck

Zones before we've experienced some bigger moves so watch that watch all the place markers tlt again everything is still in the range so i hope you are ready but that is your

Watches ladies and gentlemen make sure hydra healthy ready to go mystery poster watch let's make sure we see you there in the morning i need the armor on i need the helmet shining i need you to embrace the concept of

Maybe be prepared don't bet at all but get positioned be smart be wise balance the budgets don't get too hyped don't get too jumpy keep that base never forget that the coat loves you i love you almost see you in

The morning let's

Related Videos

How's it going everybody this is the stimulus check hub here to give you your daily stimulus check on unemployment benefits updates and latest information i...
Man dalio just came out with a really stupid article so stupid i had to talk about it it's an opinion piece in the financial times called don't be blind...
Well holy smokers guys did you see the stock market today look at this dow jones industrial average down about 650 points here today look at the s p 500 down 1....
How's it going everybody this is the stimulus check hub here to give you your daily stimulus check and unemployment benefits updates and latest information ...
How's it going everybody this is the stimulus check hub here to give you your daily stimulus check and unemployment benefits updates and latest information ...
During the initial ccpv drop that we had back in march everybody was looking at buffett wondering what he was gonna do because he's the guy always looking f...
hey everybody this is the stimulus check hub here the only place to go for the most up-to-date information about your stimulus check and unemployment benefits ...
How's it going everybody this is the stimulus check hub here here to give you your daily stimulus check and unemployment benefits updates and latest informa...
How's it going everybody this is the stimulus check hub here to give you your daily stimulus check and unemployment benefits updates and the latest informat...
Well hello there guys and welcome into today's video i hope you have a great day out there as always today we get to do my favorite video i'm doing this...
How's it going everybody this is the stimulus check hub here to give you your daily stimulus check and unemployment benefits updates and latest information ...
how's it going everybody this is the stimulus check hub here to give you your daily stimulus check and unemployment benefits updates and latest information ...
okay back at it back to the ray dalio stuff about debt cycles and where everything is headed the world order the changing world order we are finally at the end ...
how's it going everybody this is the stimulus check hub here to give you your daily stimulus check and unemployment benefits updates and latest information ...
how's it going everybody this is the stimulus check hub here to give you your daily stimulus check and unemployment benefits updates and latest information ...
how's it going everybody this is the stimulus check hub here to give you all the updated information and rants on your stimulus checks and unemployment ben...
how's it going everybody this is the stimulus check hub here here to give you your daily stimulus check and unemployment benefits updates and this one is go...
how's it going everybody this is the stimulus check hub here to give you your daily stimulus check and unemployment benefits updates and latest information ...
how's it going everybody this is the stimulus check hub here to give you your daily stimulus check and unemployment benefits updates and latest information ...
Okay so buffett bought stock in a gold company and that got everybody freaked out because they were already worried about the dollar so a lot of people think th...