 Welcome back cyber traders. Happy Monday everybody. Hopefully have I enjoyed their weekend. Good to see you back Good to see you more good to see you Brian Chuck Mark how way good to see you Jean Bonnie everybody. All right. Well, listen, I Hate to be right. I really really hate to be right But did I tell you how does it look like what's going on the market today everybody? What are you guys seeing? Who'd you guys find? Can slow let me tell you something You know, this has been going on for years. I've been doing this for 25 years. They still say it Why do you even keep the stock market open? It is just I I've seen days before Christmas after Christmas Thanksgiving 4th of July look this day is I mean there is absolutely Nada, you're right Lita I mean, there's really nothing really going out there other than shorting maybe some ETFs here I mean we're looking at this UGA easy, but I told you this was gonna happen and You know, the kids are off from school not only today, but tomorrow also So it all you you have to work your schedule around it, but it is Absolutely dreadful out there that that is a good thing because you know what this is what you learned like hey, honey You like when you're planning a vacation you be like, oh, I know the perfect day that I can only go that will not Effect work and like what do you mean? I thought you could do the same in the world Yeah, but you know what there are certain days that I really like to go away and things I don't want to go away I don't want to go away on the most volatile times of the mark I want to go when it's on this, you know on a day like you said it today, so you know being russia shana and You know in all this the big Jewish holiday I told you it's a very big Jewish community here in New York and a lot of them do work on Wall Street and Not only that, but it's kids all from school. They took off on Friday Friday was kind of slow too and then going into today you see what to expect and I didn't tell you it was a triple it was a it was a Triple a triple whammy not only that, but it is the last day of the pay period So with the last day of the pay period which is today, which we would say why would last pay pay period Be on a Friday on a Monday wouldn't you say Friday because today is the 30th And it's the last day of the month so there's a lot of things that are coming to be a perfect storm So this is great though I really really happy that you guys were able to experience it now Does that mean that the market didn't all went up and things are dead? No We always find something that moves, you know, maybe we'll find maybe who you don't mean stocks But if you miss those two, you know listen, it's okay Don't trade don't throw good money after bad money because honestly these are days like days I find out in the past that I just ring up ticket charges and then you think yourself into a little bit of hole and everything else You should be here. You should observe You should have a good time and talk to each other educate watch your classes. You got You know look forward to traders talk tomorrow Benzinga is gonna be here on Wednesday. I will be away next week at at at our traders for a cause I just found out the Nigerian brothers good friends of mine They're gonna be there too presenting hopefully some of you guys are gonna be coming joining me I know some of you sent me an email again becoming so that'd be great, but if you guys could still make it, you know Make the opportunity. It's a great great event But anyway other than that, that's what that's what basically you do That's what you're trained for to do these events to learn and to wake up in the morning and just make your days pay So what do we got going on? I mean listen as of Friday I mean there were a couple of stocks the market did drop steadily steadily, you know, you had the TV IX that did move up You know on Friday had a little bit of a pop right there You'd see it right there. I brought the long-term chart there But um Uber just you know one thing I want to talk about that Uber trade the Uber just breaking all-time lows that is not a good sign at all and You know, let me tell you I own the stock and you know, it's funny. I was talking about this stock We had this conversation last week, you know regarding about You know, why would anybody want to sell a stock sell Uber when everybody's projecting to go to 80? And you know, I'm like well if you own the stock at $2 and you Steve Bayo's You know and all of a sudden, you know your stocks at 40. Why not sell it? You know, you got to remember a lot of these Insiders can't sell the stock for like minimum 30 days or something like that or the three months There's a restriction on it on the private placement. So, you know, listen, I was a huge fan on it Let me tell you I lost I lost not a lot I lost a little money on Uber because I was a very very big fan. I was looking forward to this company go public I thought the stock would be you have to see what happened with Lift but sure enough, thank God we got out of that thing. I'll tell you that man We really really dodged a big bull and you know what remember why, you know, and it's funny I talked to every I talked to almost every one of you and and I still talk to people till today that want to become a cyber trader and You know what the main reason why they're here You know why the main reason why a lot of people not not to be part of the team, but just one education you know what their biggest issue is taking losses and You know, they don't know how to take a loss. Everybody talks about the winners Nobody talks about the losers and just kind of stressing this out regarding about this position It's like you want people right now or still hoping it'll go back to 44. What happens if it goes to 13, right? You right can you see it even on a $9 trial you could see the some of the ignorance out there Which is not a bad thing, you know, I tell everybody look at it But you know believe it or not for that they get to see like holy cow you guys get out of it You think it's really not going up on the course not and I'm always saying well who trains you. Oh I train myself. Okay. Well, how's that working out for you? You know, it's horrible But sometimes you know somebody has to put you in your place You know somebody has to put you in your place and just tell you the fact is it that you just don't know what the hell You're doing and you're gonna blow up your account. You work so damn hard You know to save that money for your IRA and everything else and you're blowing it because you know You don't want to take a loss. Remember, that's why we that's what's Cybertrain University's motto When I did teach you how to teach you how to win we teach how to we won't teach you how to make money We teach you how to stop losing it. So anyway a couple of stocks Herald just brought up the AMD. I mean Yeah, I mean look at that. I mean did that really go down that much? I mean, I mean, I think the micron was worse Look at micron microns. I want to took a huge hit and it's still breaking new lows and it's so funny We they were just talking about this the other day. They says, oh, we're saying micron was gonna go to 80 What about in the video and VDA which I know we're not gonna be trading but the video is also taking a big hit Major resistance levels out of buck 90, you know, this is traveling the same thing with everything else So anyway Good lesson to you know sit back and have fun observing now. There are a couple of stocks that are moving We know about the m&k. Let me go through the watch list. I don't know what happened m&k had a I'm looking here There's been a huge iceberg order Hovering right around here. You could see it At a buck 70 it hit a buck 70 in pre-marker on eight o'clock You could see that guy sitting out there for 52,000 shares and it started backing off So I thought I thought the stock would probably be decent after we've been trading it for a while But um, no mercy on this thing april 24 down to two bucks You know, so we'll keep an eye on this one. It's been fun What else we got listen to ets the only things that are really moving Got a nice short going on this uga z But we all know about how to trade ets a lot of volume gotta be a little careful on those oil Another one another etf taking a little bit of a hit right here And I think the only one we've been really been showing this morning of any Significancy of a of a stock has basically been bed, bath and beyond. That's about it A bb pass 52 week lows found out was during pre-market session been My god, no mercy on that one blackberry, right? Wow, look at that one I guess it uh, did it break all time lows? It looks like it did right Yeah Not looking too good for blackberry You know what happens when you break an all-time low so so so ken abeem ben You you're right, but you're wrong. It wasn't 52 weeks. It's all-time lows and we all know when the stock breaks all-time lows You know where the next support level is everybody when you break an all-time low I was never a fan of 52 week highs and lows as much as some people pertain, but that's right mark zero exactly zero People like ah, it's it's listen. You know what? That's what goes down to a dollar But remember when you and and let me kind of let me give you a little tip of the day Let me give you a little education on this. Okay before we start getting ready to trade Do you know why when you break you know why everyone makes a big deal about When a stock breaks an all-time high and an all-time low, you know what the big concern is about that Does anybody remember that from class? Why is everyone a freaking out when it breaks an all-time low? Does anybody know Well on a ceiling right there's no roof. There is no support and the reason for that remember what makes support levels Where make support levels and resistance is buyers And sellers so now you're in uncharted territories So when you're in uncharted territories that means nobody No, there's no program trading. There's nothing no one owns it at that price. There'll be no one coming for your rescue Okay, you're just you're you're there by yourself. So whatever the day is going to Predict or pertain that's it. You're done So the big issue is when you break through that low, you're there by yourself There's no one there in history has owned this stock that will come to your rescue and you're screwed That's why people like and that's what causes a chain reaction Which makes these things just like breaking all-time highs you're in uncharted territories. Nobody owned at these prices People are sure it may they got to cover wherever it is So something one of the big things we always enjoy Uh, one last one a stock will just check with bonnie He wants me to check out this, uh rg and x trade so Uh, I spelt it wrong Rg and x So rg and x is up about six percent 700 shares bonnie Not what we're looking at at all Total waste of time. All right All right guys. So anyway, good luck today Um, to all my uh, jewish friends out there. I wish you all um, happy uh, russia shana And uh, in the meantime guys, let's be uh, just be very careful today last day to pay period holiday and also Uh, you know now it's a monday. So everything you got the a little triple witching right there They'd be very careful But if we see something say something and by the way for all the new members that are joining us today Listen, this is great. I'm glad you get to see, you know, you don't have to force something that's out there but um, make sure you talk to education advisors look listen and learn and uh, you know, like I said, we'll we'll You got you got a whole week to get to enjoy what the what to expect what a slow day is versus what a great day is All right, good luck everyone happy trading