Summary
Highlights
The speaker just get out from a live trade in the Stocks with Josh Discord and he wants to come out and give some thoughts about some charts and recap two small caps stocks. He shares with the audience what he's doing with his money and he recommends it as a suggestion of what to buy, sell, or hold. He highlights a previous video where he predicted a market downturn, which proved correct. He introduces his A+ trade setups via Discord, providing specific trend lines for quick scalp trades. He emphasizes the current market's choppiness and a potential 'fade' or downturn, particularly in big tech and the S&P 500 (SPY), due to upcoming economic data like the PCE and revised GDP. He also explains the concept of 'stagflation' and discusses how some 'underdog' stocks, previously beaten down, might see a rebound due to short covering during a market downturn.
The speaker analyze Tesla's weekly chart, noting a V-shaped recovery but also signs of 'price compression' as candles shrink, indicating bears re-entering the market around the $440 level. He points out the absence of massive 'rejection wicks' that would signal a clear end to the upward trend. He warns of a potential 'double top' formation, which would be bearish if it occurs with rejection at previous highs, possibly leading to a 'handle' formation before a continued rise in 2026. He also shares speculative news about Elon Musk and Donald Trump, suggesting a potential reconciliation that could benefit Tesla by easing regulatory hurdles for autonomous driving. Ultimately, he is not bearish on Tesla but advises caution due to the possibility of a double top.
The speaker introduces 'Serve' as a small-cap stock he has been following since it was much lower. He notes that the stock has broken above a consolidation area and, despite a recent dip, he sees no reason for panic. He anticipates Serve reaching $17.50 and advises buying on 'red candles' (pullbacks) to reach a target. He stresses personal financial discipline, patience, and having one's own plan. He then discusses the SPY chart, highlighting a successful 60% option win from a trade setup provided to Discord members before market open. He explains his strategy of locking in profits every 20%. He warns that the SPY remains weak below $665, with a risk of pulling back to $652.
The speaker emphasizes the potential of 'Bull' stock, which he had previously alerted as being similar to Serve. He projects Bull reaching $17.20 and potentially $24 if it breaks out. He reiterates the importance of personal analysis and planning for quick swings, scalps, or long-term investments. He expresses his long-term investment interest in both Serve and Bull, suggesting taking short-term gains to reinvest. He then promotes the 'Stocks with Josh Discord' community, highlighting various features like 'goat alerts' for options, 'goat swings' for lower-priced stocks, and contributions from specialized traders like Stock Brother Reggie for penny stocks, Mark from Tribal Trades for crypto, and Michael 'Money Mike' (or Spy Lord) for daily live trading and coaching. He praises his vetted team of 'crowned traders'.
The speaker concludes by reiterating his confidence in Serve and Bull, stating he's 'too afraid to sell' them. He summarizes the SPY's weakness below $665 and Tesla's brewing situation with a potential Trump-Elon reconciliation, which could lead to a 'burst up' followed by selling if a 'V-neck double top' forms. He encourages viewers to engage in the comments section with their thoughts on the discussed stocks and to share their successes from the Discord. He promotes hitting the like, subscribe, and notification bell for future videos, including his upcoming 'top picks for October,' based on a successful track record. He mentions his intention to buy Amazon on a pullback for long-term investment and promises to keep viewers informed about ideal accumulation spots. He also hints at a potential live video for 'stock squad' later that evening to discuss market reactions and new trade ideas.