0:08 what's going on welcome back to training stocks today is January the 7th I want to give you a quick pre-market update go over some the hot movers and what big money is doing today before get into any of that make sure you guys hit that thumbs up and with that let's get right to it so as far as data points you have jolt numbers coming out at 9:00 a.m. so a good hour and a half from now but you can kind of tell that there is a certain level of hesitation only because I'm going to go over what big money is really kind of trading this morning but the frequency and just overall volume is very very low so again I think there's just a certain level of hesitation CES is also kicking off as well so that could cause some stocks to really move to the next leg up we've already seen uh ticker mu and a couple other ones really
0:53 move higher but like I said I think it's just Market is waiting for good data to justif maybe higher highs um because I think at the same time What cook said yesterday about the markets just being very very overvalued is uh resonating a little bit with some stocks but starting off NASDAQ is up 005 S&P .19 and DOW is up 0.2 so it is recovering from kind of the negative uh pre premarket like overnight kind of stuff uh that's been happening but fear and greed index is under the fear category somewhat resemblant based on the stocks so far today but I think that this has just been broken for a while not really sure how it can be broken but uh it's
1:39 definitely not been portraying accurately what the market is truly feeling but starting off Sofi Sofi is kind of just piggybacking off of the broader Market a little bit so it is down slightly no news no SEC filings nothing along those lines um as far as this goes so shorts 12.93 % of the free float is being shorted shorts didn't do Jack all yesterday so most likely they are waiting for data to justify doubling down or maybe continuing to pull back but it is going to come back onto the data with it right now pre-market at 1528 it is trading between these two points so it's R1 and the pivot 1565 is going to be the next strong Target resistance followed by 1483 being the
2:27 next strong support so yesterday kind of trade fully within this range so the R1 and pivot and it didn't touch either of them so we kind of don't really know if it's strong uh support and resistance at this stage but most likely it will continue to trade within this range but I have a weird feeling that the jel numbers are going to be good propelling it to the R1 but uh we'll just have to wait and see so ticker FBO so this one has honestly blown a lot of people's expectations AC like out of the water uh did go up 251 yesterday up 6.52% this morning so piggy back and off of yesterday's news nothing uh new in that regard so this is what really prompted it so it looks like
3:14 it's combining with uh Hulu and live TV and something else like that and looks like there was also a lawsuit that settled so pretty good stuff in that regard a lot of big money is getting in I think this is the second most uh traded stock so far this morning so we'll see if it can continue its run up but at the same time I like to analyze what options was really pointing to and there was a lot of puts being purchased so I think some people anticipate this to be somewhat short-lived and that there's going to be a pullback but again um sometimes people are wrong especially through options 13.5% of the free flow is being shorted works out to be 44.1 6 million shares overall are being shorted yesterday short did return a little bit
4:01 nothing substantial but uh looks like went from 13.54% s and so as of right now it is up 4.07% no actual dedicated news to Mu this morning um you can kind of just see it's right here and so it's because of Nvidia the whole CES that is why
4:46 essentially it is kind of moving higher not heavily shorted so 3.4% of the free floats being shorted Works set to be 37.73 million shares overall are being shorted and you can kind of see shorts have started to get in a little bit more but not a squeeze play not heavily shorted don't kind of misinterpret what I'm uh saying here so um it it they show that they anticipate a little bit more downside that's why they've been getting in but still only 3.4% of the free flow is being shorted and right now with it at 103 it is trading between this R1 and the pivot so one key one to really get over a resistance point it's going to be $104 that is going to be in the short term followed by 110 flip side 93 is
5:34 going to be the next strong support which obviously won't be touched and there's a lot of volatility lately and this is why you see very wide gaps this stock I actually did put as a Buy Signal on my patreon uh after I did pull back I signaled it was a buy at $87 because anyone who wasn't buying it at that stage was dulu that's the most insane discounted price that you could ever get so lucky to those individuals that did buy the dip like myself so raise your hand if you did um I still think that there's a hell of a lot more room in the coming quarters for it to continue to move up but definitely pop over to my patreon I have a lot of other buy signals on there but ticker msai so this one is the most heavily traded stock so
6:21 far this morning and it is up 88.5% because of this news right here and so multisensor AI announces next steps in leadership optimization plan as It prepares for rapid growth in my opinion um and I always like to play Devil's Advocate I'm not a pumper I'm not one of those typical um YouTubers that says hey it's going to go to the moon and all this other stuff I'm fairly realistic I don't see anything special about this news it looks like just a management change unless there is more to it behind the scenes Associated to this company but I just don't see it being justified for it to be up this amount at the same time why certain that
7:07 much big money is actually getting into it right now but uh I must be missing some Dynamic of it it is not heavily shorted so that's not really a factor 0.75% of the free floats being shorted works out to be 68.6 5,000 shares overall are being shorted so they're not a part of uh it moving higher or whatever else um at the same time though it's above all the key FIB levels so it's honestly same goes for that fubo it's either going to get very humbled by the market drag back down or it's going to continue its kind of next leg up a lot of stocks did that over the last two months so it could happen but like I said I don't see it being justified whatsoever uh that's but you do whatever
7:52 flows your boat uh last but not least ticker a and so it is up 32.3 1% because of this right here so it looks like they have a partnership now with Nvidia to deploy driverless trucks at scale so pretty good stuff um actually it'll be interesting to see what hyon is kind of doing right now so they're up 1.92% I feel like they would be negatively impacted by this news right here but aside from that pretty good stuff anyone doing anything with for the most part paler or Nvidia stock just generally goes higher as a byproduct of that it's not heavily shorted so 6.31% of the free floats being shorted we set to be 63.8 one million shares overall are being
8:39 shorted and just generally shorts have been starting to get out quite a lot over the greater part of the last 6 months so I think there's been a sense of just higher Highs coming and whatever else even though the stock price actually no the stock price has been moving up so up 86.7 eight% over the last one year so yeah the stock definitely I think I like the news um is it Justified to I would I pay $8 for this most likely not um would wait for a little bit of a pullback in reality but with that $846 it is trading between this R2 and this R1 so 821 is going to be the next strong support and followed by 579 flip side 970 and then 1213 is going to be the next strong kind of resistance SL
9:26 Target points again I probably would buy it I would wait for a little bit of a pullback probably to this R1 maybe um but I think that this stock given the news is going to continue to move higher um that's just how I see it so let me know your viewpoint on these stocks is there any other stocks that is floating your boat today or are you selling are you worried about what cook said yesterday what's your overall thoughts one final thing pop over to my patreon and give buy signals on stocks options and crypto many of them have been absolute bangers so pop over there and take a look with all that appreciate all of you watching
