Would Monkeypox Virus cause another Bio Stock Hype? — Transcript

Full transcript

1. 0:00[Music]
2. 0:00[Applause]
3. 0:00[Music]
4. 0:00[Applause]
5. 0:03hello guys steven dux here so last week
6. 0:05was kind of crazy you can see mark is
7. 0:08crashing
8. 0:09and we just had a little bit recovery by
9. 0:11friday and also we had pretty much all
10. 0:14the defensive stocks like walmart and
11. 0:16target all the stickers are going down
12. 0:1920 30 percent in a week
13. 0:21so a lot of i would say doubt in the
14. 0:24stock market currently compared to the
15. 0:26kobe times because while the kovac cases
16. 0:29was going up day by day and hundreds and
17. 0:32thousands of cases growing each day that
18. 0:34created so much fear that the market
19. 0:36crashed 30 percent
20. 0:38yeah just about two weeks so in this
21. 0:40case uh we're not as rushy compared to
22. 0:44the kobe times in my opinion and we took
23. 0:47about seven to eight weeks of the market
24. 0:50slowly settling down because of the fed
25. 0:52tends to raise rates there's a lot of
26. 0:54question about if the fed is really
27. 0:56going to fight inflation or not and
28. 0:59currently the market is believing the
29. 1:01fed is going to crash the inflation
30. 1:04meanwhile uh during the small cap area
31. 1:07we had several place currently we have
32. 1:10the same cycle that happened in 2020
33. 1:13since monkey pox virus is
34. 1:16i would say spreading across the
35. 1:17internet and making people aware of it
36. 1:19and all those vaccine companies tend to
37. 1:21spike again
38. 1:23so in this video i'm going to explain
39. 1:25how to trade especially in this i would
40. 1:28say very low volume time
41. 1:30it happened exactly during the copy time
42. 1:33i can point out a couple tickets out so
43. 1:35you can you know pay attention to it and
44. 1:38study from history and learn how to
45. 1:40trade uh in the upcoming weeks so before
46. 1:42i start make sure to click the like
47. 1:43button and subscribe if you have any
48. 1:45questions leave a comment below and
49. 1:46let's get into the tickers so right now
50. 1:49kodi ex is one of the tickers that
51. 1:51happened during the covey times you can
52. 1:53see it's spiked around in february 28
53. 1:562020 and this is exactly the same time
54. 1:59that
55. 2:00the market is
56. 2:03crashing you can see starting around
57. 2:07april i would say
58. 2:08february 28th this is the market when
59. 2:11it's going down those type of vaccine i
60. 2:13would say biotech sector tends to spike
61. 2:16a lot more while the stock market is
62. 2:18freaking out if this virus is going to
63. 2:21impact the market or not and we have
64. 2:22tons of fear so a lot of people tend to
65. 2:24go along those vaccine companies and we
66. 2:26can study from the history now how
67. 2:28people really traded on
68. 2:30kodx back in the days uh the starting
69. 2:34i think they did tons of offering on
70. 2:35kodx i will have to go back and find
71. 2:38what's the beginning cap but i do
72. 2:40remember uh kodx was around uh 300
73. 2:43million to 500 million cap
74. 2:45uh in terms of market cap sorry um and
75. 2:49stocking about this is where it starts
76. 2:51to break out and start spiking so it's
77. 2:53counting from the three dollars so three
78. 2:55to
79. 2:56twenty two so overall
80. 2:58now again about seven hundred percent
81. 3:00uh remember this is a relatively small
82. 3:02cap so you expect a lot more compared to
83. 3:06something like siga with much bigger cap
84. 3:10and you can see that overall volume
85. 3:12before
86. 3:13the whole
87. 3:14printing mounting that happened in i was
88. 3:17between march and april in 2020 that's
89. 3:20where the cash was poured into the stock
90. 3:22market and pop up the markets and that's
91. 3:24where the volume becomes much more
92. 3:26compared to prior 2020. so entering kodx
93. 3:30this happened right before all the
94. 3:33stimulus check came into the market and
95. 3:35this volume is really useful because
96. 3:38in the during this time there is not
97. 3:40much stimulus to pop up the volume so
98. 3:42you can use this volume as your
99. 3:43advantage to really i would say you know
100. 3:46kind of get a decent idea of how to
101. 3:49calculate what's the maximum volume and
102. 3:52can be treated in one day what's the
103. 3:54maximum amount of dollar can be treated
104. 3:55in one day and now how do you decide to
105. 3:58take your short positions when the
106. 4:00stocks perform maximum spiking range
107. 4:02s-i-g-i you can see
108. 4:05right now the market cap is 1.1 billion
109. 4:07so let's
110. 4:08say the stock started to spike around
111. 4:10seven
112. 4:12um get the uh up to
113. 4:1610 start to spike uh all the way up to
114. 4:1912. so
115. 4:21right now it only only gained about well
116. 4:23right that's 15. so it gained about a
117. 4:26hundred percent off the bottom and the
118. 4:28market cap originally was 500 million
119. 4:31so on this sticker it's not going to
120. 4:33spike you know 700 compared to kodx but
121. 4:37you can kind of say you know at least go
122. 4:40up three to five times so going from
123. 4:43seven to thirty five seven to
124. 4:45the high twenties to thirty five
125. 4:47um
126. 4:48for a potential short volume is still
127. 4:51pretty significant i will say all the
128. 4:53stimulus check has not been flushed out
129. 4:55the market yet there's still i would say
130. 4:5830 to 50 percent of the stimulus left in
131. 5:01the market and now we would
132. 5:03uh
133. 5:04once we burn through all those cash then
134. 5:06we would go back to
135. 5:08the 2019 2019-2018 type of volume
136. 5:11trading relatively slow but
137. 5:13the volume is i was still higher than
138. 5:17kodx
139. 5:19and the only edge you can get is during
140. 5:23february 28th traded on this day traded
141. 5:26about 50 million volume on the 20 so
142. 5:28that's 1 billion traded in that day
143. 5:31then
144. 5:33right about here 21 traded about 30
145. 5:36minutes that's about 600 million dollar
146. 5:39trade that day so overall on the top of
147. 5:41those two candles traded two billion
148. 5:44dollar i said roughly
149. 5:46and on siga this one's still going on
150. 5:49the parabolic so a consolidation
151. 5:52breakout
152. 5:53once the ticker tends to consolidate
153. 5:55like codx you can kind of tell that how
154. 5:57much volume and dollar is being traded
155. 5:59up in the consolidation zones then you
156. 6:01can use the reference on kodk of how
157. 6:04much data is being traded
158. 6:06during the lower 20s
159. 6:08and
160. 6:10we can kind of get idea of where it's
161. 6:12likely to drop so i would say
162. 6:15once sigma tends to consolidate trading
163. 6:17anywhere between at least 70 million
164. 6:20volume around
165. 6:2220 to 30 dollar area
166. 6:25that should be
167. 6:26the top four sigi but
168. 6:29where i still don't know yet the stock's
169. 6:31still gapping up so i would prefer that
170. 6:34the stock goes up much higher to create
171. 6:36a shorting opportunities
172. 6:38so sijo will be not the only one after
173. 6:41codx there is about four or five players
174. 6:43out it was
175. 6:45vaccine
176. 6:46covey related we should see
177. 6:48a lot of tickers that coming up after
178. 6:50siga so still tons of opportunity left
179. 6:53and that's my uh take on siga so that'll
180. 6:57be the end of this video make sure to
181. 6:59focus on your risk while trading siga
182. 7:01and we're in a really difficult time
183. 7:03especially trading in the current market
184. 7:05so make sure
185. 7:07risk management will always be the first
186. 7:09place that you focus on then focus on
187. 7:10the reward
188. 7:12and that will be the end of this video
189. 7:13thank you very much for watching i will
190. 7:15see you guys in the next one