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The stock market went crazy today as all major markets bounced easing some of the fears from last week. The craziest part about the move in stocks today was that despite the markets rebounding, rates stayed at the same point relative to last week. I go over what todays relief rally meant for the stock market and how I will be watching it the rest of the week. With stimulus, manufacturing data and other macro events to watch, the key is seeing how the market aligns with this bond situation and if it turns into something bigger. After this brief market recap and stock analysis, I go over my portfolio and stock picks. I go over 3 stocks to watch as the market bounces here and based off stock news. I go over DKNG stock and why I like it at these levels and how the option contracts could be mispriced on the short term and how I plan to trade my other contracts on the stock. Then I go over RKT stock and how I plan to swing trade it, as I like it but it is expensive. Then finally I go over ZM stock and their earnings and how that could be a good catalyst coming into tomorrow. ITS GOING TO BE EXCITING SO I HOPE YOU ARE READY! POST YOUR WATCHLIST BELOW AND SEE YOU IN THE MORNING!
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DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions.
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