This Week in Steady Trade with Tim Bowen.

Why don't you just shut the hell up?

Welcome back to this week in steady trade.

Got a couple things to talk about as well as kind of focus in on one particular play.

So the focus is going to be on Beyond Meat, a company that, you know, when it comes to an IPO, I may be a little dubious, but just because I'm dubious doesn't mean there isn't a trade there. So let me back up a little bit and set up where we are. You know, I'm recording this at the end of April 2019, and we have been an incredible market,

not only an incredible overall market.

We just hit all-time highs on the SPY and the QQQ the other day.

You know, today's a red day, but barely red.

We had some Google announced less than stellar revenues and kind of, you know, today's a red day, but barely red. We had some Google announced

less than stellar revenues and kind of, you know, Google's an 800-pound gorilla that kind

of pulled the market down, but we're still not red by much. So anyway, SPI, QQQ, Dow Jones,

not far from all-time highs. Markets very bullish, a lot of frothiness out there. There's a lot of

animal spirits. There's a lot of emotion and that's what you want as a short-term trader. I mean,

I mean, really, you're looking to capitalize on the over irrational exuberance, for lack of a better term and and because of that it's been an

incredible market for IPOs you know we did a piece oh geez a month or so ago on Lyft and

Lyft has been the least impressive IPO but the point is with Lyft, they kind of, and whether it was their

bankers advising them or it was them, but in my opinion, Lyft got a little greedy. And, you know,

if you go back and look at the news and we did a past piece, I mean, they kept upping, you know,

they had the oversubscription on the IPO. So they kept upping their price that they wanted to IPO at.

And, you know, greed is part of stock market.

Greed is part of humans.

And I think Lyft got a little bit greedy.

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