TWIST 14 - Beyond Meat, Torpedoed Oil Tankers, and Vulture Trends in Shipping Stocks (June 13, 2019)
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🗓️ 13 June 2019
⏱️ 12 minutes
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| 0:00.0 | This Week in Steady Trade with Tim Bowen. |
| 0:02.6 | Why don't you just shut the hell up? |
| 0:06.3 | Welcome back to this week in Steady Trade. |
| 0:07.8 | I've got a couple agenda items for you today. |
| 0:10.1 | One is a follow-up and, well, still in play. |
| 0:13.4 | And then number two is some breaking news. |
| 0:16.7 | So what I want to start with is beyond meat, B-Y-N-D. |
| 0:21.6 | I think, again, at this point, it is one of the most successful IPOs in history. |
| 0:28.0 | And I want to talk about several things. |
| 0:30.6 | Number one is just believe the chart. |
| 0:34.4 | You know, at the end of the day, the chart is the representation of the price |
| 0:40.5 | action and the emotion in the stock. That's why as short-term traders, whether it be me talking |
| 0:47.2 | on the Stady Trade podcast or any day trader or short-term trader particularly, you know, I don't |
| 0:52.9 | know if Warren Buffett looks at the chart that closely, |
| 0:56.9 | but Warren Buffett's holding for 20, 30 years plus as a short-term trader trying to grow your account. |
| 1:04.7 | The chart is, I don't want to say it's all that matters, but it really is a significant majority of what does matter. |
| 1:12.6 | And I'll be the first to admit I mock beyond meat, constantly, constantly. |
| 1:18.4 | I don't know why. |
| 1:19.7 | I don't understand the motivation between wanting to eat chemical-based protein when there |
| 1:26.1 | are responsibly farmed, and I know it's and I know it's somewhat |
| 1:30.1 | controversial the majority of my meat comes from hunting that that my son does and I do um again |
| 1:37.1 | all ethically done with managed by the state managed by the government you know we pay permits |
... |
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