Will the Stock Market Volatility Continue?
SteadyTrade
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4.6 • 589 Ratings
🗓️ 21 August 2024
⏱️ 31 minutes
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| 0:00.0 | Welcome back to the state trade podcast, everyone. |
| 0:10.8 | Tim Bowen, back with Matt McCall. |
| 0:12.9 | Listen, you know, we've got to go back to the last few weeks episodes. |
| 0:16.7 | We've been talking a lot about volatility. |
| 0:20.2 | And, you know, we mentioned it a lot because obviously Matt and I have been in this a lot. |
| 0:24.4 | But a lot of people want to know more about how it relates, what causes it, et cetera. |
| 0:30.8 | So we're going to talk more about volatility and kind of what we see going forward in our two different approaches. |
| 0:37.1 | Because most of you know, |
| 0:39.0 | or maybe this is your first episode. |
| 0:40.4 | You know, I'm mostly short-term trading, day trading and swing trading. |
| 0:44.6 | Matt's a little more longer-term bias. |
| 0:47.1 | And I think it's a great topic for today because if you were here last week, it's just, it's just wild how volatile the small |
| 0:56.4 | cap market is right now, which is a good thing. Remember, when we were recording, yes, |
| 1:00.9 | last week I talked about a stock GNLN that was up huge, it was kind of spiked up big. And later, |
| 1:09.3 | after we ended the recording, actually doubled again and then later in |
| 1:13.8 | the week another stock C-I-N-G. That was a stock they released a ADHD press release up massive. |
| 1:22.8 | Okay. I think four or five hundred percent. And then just to recap one more, ALZN today, they dropped a press release based around a phase two clinical trial of a PTSD treatment. |
| 1:37.4 | That dropped this morning about 8 a.m. currently the stock is up 508%. |
| 1:43.3 | And actually kind of look, as we're recording, looks like it might wants to make a |
| 1:47.2 | secondary run into the close. |
| 1:50.2 | And that just kind of goes back to when things get more volatile, it doesn't just affect |
| 1:55.2 | the big stocks, but it also translates over the smallpox. |
... |
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