 Good evening everyone and welcome welcome to stocks with show review of adobe adobe had earnings tonight I talked about this in the room this morning in fact the video of The run this morning is on YouTube and you can go back and look how I looked at adobe this morning And I knew it would gap up and it is it's capping up. So I'm even predicting gaps for the even happen now, which I don't make that many words anymore, but all I have to say is that I Really really really really really really really High-re gaps and that allows me to read price correctly everyone keeps asking me these specific questions about price I read price well because I read gaps well because I taught myself how to properly trade gaps The only person out there that is trading gaps in the matter that I am there's so many different methodologies out there to trade gaps And they don't all work consistently the reason that what I do consistently works is because I'm reading an Institutional positioning in a stock or the market. It's not called the market. Well all this year That's how I am able to even predict now things that are gonna happen before they do Like adobe so let's review it adobe closed Today at four o'clock eastern time at 69 85 and right now This is happening live in the post market adobe is making a new high High as 75 12 up here adobe will gap up tomorrow morning. There's nothing that will change that it's capping right now But the market's closed. This is post market when you get up in the morning out of bed It'll be pre-market before 9 30 and I will rate the gap now. I did not rain adobe. Oh Look at this thing. I don't know where exactly this is going to open because this is just continuous to get bought I don't know anyone's gonna open tomorrow, but adobe is a nice bullish gap and If it sets up right for long tomorrow, it's a good law targets $80 That can even happen on the day, but the problem is if the setup doesn't happen the way that it needs to Which I won't know till I see in the morning when I get up and rate the gap and look for the setup Then it may get faded tomorrow. Now. What am I talking about? There are some traders that will look to short adobe tomorrow as what is called a fade or a gap to fill itself Meaning that adobe would open up here and people traders will look to short this into this area That's the wrong thing to do and then even if adobe goes red on the day tomorrow It's still not a good short and it's a bad trade. It's just flat out a bad trade. Okay, so But I know people are gonna do that one of the reasons that I'm again. I'm good at What I do is because I am anticipating also what I know what other people are doing, too Which I know that people will be fading adobe tomorrow because a look at this is a large gap up and People that are in adobe long and those people long adobe all from the rally up in here All from this rally in here will be wanting to take profits because they'll be up nice profits in this gap up in the morning Tomorrow they want to exit their long and that will create red and then people want to short it But that's not the right thing to do because this is actually a quality golden gap to the upside a good bullish gap That institutions are making the gap and it should follow through tomorrow in the live day I won't know do I see how it sets up But the point I'm trying to make is even if it doesn't follow through on the live day tomorrow adobe is still a good long because institutions are buying this and this will follow through and will hit $80 And whether or not it hits it today tomorrow or next week. It doesn't matter. It will before the end of the year and You know It's just one of these things where I Knew this would get up. You can watch the market video have it. I taped it this morning. I knew adobe would gap up I don't get in these until they got but it's just amazing even to myself when I realized that I'm predicting gaps This could have very well gap down could have got down to 6750 could have got down to 65 Could have got down to 66, but I knew it would get out gap up. I had a hundred percent conviction this would gap up So, you know, basically I think one of the best things about what I know how to do is that I can accurately predict What something's going to do before it does it and I'm even now doing that in Even in predicting the gaps, but when the gap happens It is very easy for me to predict what it's going to do on the live day And then in the future because I can predict whether something is a good long or good short Not every bullish gap can be bought and not every bearish gap can be shorted Not every bullish gap follows through and not every bearish gap follows through even for the longer term gaps are a specialized strategy to trade. I Don't know anyone else to notice how to do it like me I know a lot of people do a lot of different things in gaps and most of them don't work consistent Consistently in order to make money as a trader. You must be consistently profitable This is one of the things that people struggle with so you've got to find something that Definitively will enable you to consistently trade for profit the nice thing about gaps as you get them in the market almost every day Long or short you usually get one direction or the other every day in earnings season you get a lot every day And you're looking for the quality It's either there or it's not if it's there and it raised 20 points or more I trade it if it's not that I don't do anything and that makes it easy And you know all of this from the pre market before you even trade so you could leave and go home or go to the gym before 9 30 if there isn't any good gaps And if there is you stay you trade and you trade the gap and you hit it hard And you wait for the setup and you do it and you trade it and it goes and that's how you make money day after day after day after day So Adobe is a good long watch tomorrow. I don't know if it sets up right I know people will be looking to fade this and it is the wrong thing to do But oftentimes people trade and do the wrong thing Sometimes people take trades that are wrong and they still make money doing it And that's the worst because they'll keep doing that same thing thinking that it works consistently and it doesn't You cannot trade against institutional positioning in stocks or the market. It's a disaster You will fail ultimately as a trader if you don't know how to read institutional positioning And that's one of the reasons why my class is so important for people to take and to understand What is really happening in these stocks? You can have all the indicators in the world on a chart everything you could look at and more and it's not going to tell You what I know in a gap if I had nothing to look at every day But just looking at the closed price from yesterday in the open price today in a gap I'd be able to trade there's very few people that can do that I don't need anything else in my chart and I could do that I could trade pure price action based on that and I could do it accurately So the gaps the system that I know teaches you how to read price well and in the correct manner And that is how I'm able to predict what something's going to do So target for dobe's at $80. I know the people are gonna fade this tomorrow though And because I know that you will have to watch and wait for the correct setup before you do it But I did know this would get up And it very well could have kept down, but I knew it would get up So, you know, I think that for people that really are serious about their trading They'll take my class $3,000 is a bargain to learn the kind of stuff. I know Because you can use it over and over and over and over again to make money But for people that are not serious about their trading They're going to fly around and do a million different things searching for Searching for something something that doesn't require them To have any effort or cost any money and that alone doesn't make any sense Anything is worthwhile. You're going to pay for the information And if you're not paying for something you're getting it on the cheap And it's probably not good and therefore you're wasting your time At the end of the day time is money and your time is important And you want to learn how to trade as quickly as you can And that's why being with me in the live room taking my class having me mentor you is the best thing you do I was just talking to a student tonight Your chance of making it is here with me now If you really were serious about doing this if this is what you want to do this is it This is your chance this is your chance if you want to learn from me. I am here. I'm still teaching people now I'm still teaching people what I know and it will become a time that I won't what I know is so good I am now predicting things to gap before they even do I Love this stuff. I don't even know what to say. I love love love The fact that I'm so good at reading price and it really is because I am an expert an absolute expert in reading caps You can become an expert too. It is a skill that you need to learn to master And with someone like me that's as good as I am Teaching you how you've got all the tools on your side. What more can you want? Otherwise you're going to find around for years So Pick tomorrow top bullish pick is adobe. It's got to set up right and I'm no idea where it opens And I know people are going to try to push us down and fade it So we'll see what happens, but there is a small small small small small small chance That adobe could open tomorrow and swoosh just put it out there I don't know where this opens in the morning. I have no idea where it's going to open in the morning It's a long way away from now between now and 9 30 a.m. Even when the market closes tonight and in the morning But I just put it out there that there's a small small small chance that adobe can actually open tomorrow at swoosh So Who knows I might end up doing this myself Have a great day everyone have a wonderful evening the last golden gap class of 2014 is this weekend December 13th and 14th And then i'm going to relax and enjoy myself over the holidays But I will be teaching everybody this weekend that wants to learn before 2015 And if you'd like more information or want to sign up email me at melissa at the stocks swish.com Thanks everybody. Have a great night