 Good morning cyber traders happy September 18th, and thank you all for wishing me a happy birthday. I'd like to thank you all I was almost uh, there's so many of you that Try to say as much as I can but thanks everyone It's a beautiful day. I gotta tell you guys a funny story What happened to me this morning and some of you were in this morning, so you know, I open up the room um Around 8 a.m. I was in this morning around 7 30 of zooms from shopping looking for some stocks So, you know how we play the music? so um all of a sudden, you know, I Thought somebody's playing a joke on me. It started playing happy birthday So like I never heard I've been doing this to 25 years I've never heard on the audio player on these on on the live radio stations played happy birthday and You know, I would have to say I Probably think it's an angel of my mom You know, obviously, you know my mom just passed a couple of just two months ago And I says, you know what I bet that was I bet that was my mom wished me a happy birthday It was the weirdest thing I've ever heard in it, you know, if you guys believe in leaving angels You know guardian angels. I would have to say it just want to kind of share that with you I thought it was pretty cool pretty interesting. I showed my wife I thought it was I thought it was pretty funny too, but anyway, anyway, thanks guys for happy birthday At least you believe in angels. I think we all do, you know Especially when you lose somebody so close to you and such a So recently too, it's kind of hard But but anyway guys, thanks a lot and we're gonna get right into and talking about what's going on on September 18th Because today not only it is the greatest day of the year because my birthday, but it is a couple things that are going on That are happening in the market. First of all today is sundown of Yom Kippur It is the most religious holiday of the Jewish community tomorrow So I'm not expecting it to be a very exciting day a lot of Jewish people do are not here on Wall Street and You know just in general when markets slow, you know, we don't want to trade We don't want to get crazy. There are a couple of stocks that are moving and we'll definitely look at some of the stuff but But overall to be very careful today because I'm not really You know feeling it there's a couple of stocks that are moving this morning and honestly a lot of them are expensive Now the big thing a lot of people are talking about is the UV XY One of you just mentioned me earlier. What is a reverse stock split? Well, this is a double short. It's the biggest ETF short, I believe in the industry and I told you I actually bought this ETF as an insurance policy You know just in case it was really cheap yesterday. I think I paid seven bucks for it. Well, I didn't know they would do a reverse stock split So what it means is that? Stocks have to be at a certain price. They'll reverse stock split to make it make it very attractive in the market You know, so when they get so cheap especially anything on the five bucks Stocks obviously can't be traded by mutual funds, whatever So they keep doing reverse stock splits have to reverse stock split to reverse stock split So if you look at the UV XY, you're like, well, I don't remember UV XY trading at 150 because it did so many reverse stock splits and and I showed you this yesterday if you go back on the if you go back and look at my yesterday's yesterday's Recording you could see right here this stock with all the reverse stock splits It's about what five million dollars So this thing has been reversed over verse over verse over verse over verse over verse over but it does move it does move You could see you know the stock they go from like 10,000 to 45,000 because that because you're implementing all the reverse stock splits But the stock can move very very volatile and if you're a little concerned about the market, you know, listen Yeah, it was cheap yesterday move reverse stock split, you know by whatever it is It's another way of trading an option. So there's some way you kind of protect your longs You know if you don't want to do an option play of a leap or something you could do an ETF like this And that's what they're really good for but that's what's going on regarding about that stock Because some of you are asking me now, let's get into the exciting part and see what's going on In the daily markets because there are a couple of interesting stocks that are moving First of all, so we got the UV XY out of the way the the v KTX, okay, so this stock Just had a huge gap up right now Obviously, you could see it's probably a pharmaceutical drug probably came out with some pretty good something pretty good And you can see the stock is doing really really well Pop, but it's kind of flatlined right now. It also has warrants on it And the v k tx w but you don't want to trade warrants from spreads are really big people always ask me What's the difference between the stock and a warrant? Um before there were options there were warrants So stocks are like it's just the kind of rules that allow you that you can't do Voting shares and stuff like that. It's just another way of people making money with warrants not owning the stock But uh, Ben already did pretty well a cholesterol. Is that what they came out with Ken? All right, well cholesterol is big And uh, Ken already made money with us again remember round of applause 35 cents good for you Ben, all right, so let's go look what else it's moving in the morning. Um, I know You know what? I got pretty close on buying it But from watching the stock, um, you know, we've been doing really well with that stock I saw testing some major resistance levels yesterday if it broke that resistance level I was considering buying it But you start to make a little bit of a move this morning. So I don't know something's going on with the stock I want to keep an eye on it. That's gonna be on our watch list The t l r y what's going on? How you doing? Look at this though killing it on this one You know, I mean I sold a cheap What is what it is at least that I could say I was in it But I know some other people are still Riding the wave and this thing is just non-stop and you know, I said this yesterday if you remember When a stock trades like this for a long time with this amount of shares Um, that is a that's a very bullish sign When you trade something like the n i o that we traded and to trade that many shares went up Went up so much faster in t l r y but came back down and never held That is what you know as what's called a short squeeze, you know with all these algorithms going on But this t l r y, you know, obviously people do like it, you know, and it's holding pretty strong It's not like the elephant that we talked about That we traded with all the block trading stuff and all those crypto currencies r d c m Is that coming out? No, I'm sorry m d gl that's the one So here's a stock taking another huge hit, you know, listen, you know, I'm not a fan It's very expensive You know the stock gapped up from 100 went to two to three 20 now it's coming back down It's filling in the gap, you know, it's a level five stock So but you know what the trend is down the stock looks like a probably a nice little short You know, we had a lot of good shorts yesterday, you know and shorting looks like where it's at right now I mean listen the gov was a great short yesterday. Look at that 16 only down to 13 We killed it, you know, it's not something we found In the pre mark of it did show up afterwards n t nx Another great short, you know, that one went from 53 down to 47 now it's just coming back a little bit. I'll throw that one on the watch list the n t Nx maybe you'll get a little bit of a dead cat bounce. I mean, that's not the end of the world But uh, oh that it was the Tndm that was what it was And that one also took a got Destroyed I mean I said that one I probably liked that one got killed So anyway, that stock you could see has been having such a great rally from 10 to 50 and you know, listen Quick winner right there 30 minutes great short 48 to 40 and guys that is what we train for That is what we do and why you got to be aggressive early in the morning Because we only some people always ask me, you know, how many hours you have to do this? Well, I don't know you telling me how long it took you to make, you know Forget about the eight points could have made at least a buck on that trade, you know So you got to be aggressive early make your money and run and that's what it's all about and uh, you're on the middle of the day Did something there to there but overall if you make your money, I would just take money and run All right, anything I'm missing guys that did not call out Charles uh, Charles rose now he said he traded the good on that short Rosalind, I'm sorry rolling. He traded ETSY did a good short. He said he made a day's pay just on that one stock Let's give him a round of applause All right So anyway guys, uh once again be very very careful today it is you know, we're going into a Uh, a holiday which is tomorrow the market is open But um, I expected to be kind of slow going into this afternoon. I think it's gonna be really really slow All right, and uh, so I'll be really really careful what's going on But the couple of good things that are going on also remember we have Uh traders talk that's going on today and then also the new cycles of all the phase one two and three are starting So guys take the time don't worry about it the stock market. I guarantee you is not going out of business So don't worry about it being class. That's what you spend most of your time That's where we learn what's going on. That's where we focused on how to get prepared Remember if you guys like football where they do most of their work It's not on sunday on tv It's monday through saturday and that and that monday through saturday starts today. So make sure you're in class All right, you got to learn Before you could earn all right everybody And uh, just one let and and yes, and and dana also be very careful I've got to mention the china tariffs are also going to be kicking in So that I want to see how that's going to be affected In the market too and that's one of the reasons why I'm a little skeptical on what's going to have marks You might find a couple little Volat with some volatility going to this market classes are going to start at 10 30 and now before the market opens up james. All right All right guys, let's get to let's get to work. Let's get right open Remember, whatever we find this morning doesn't mean it's not going to dictate. We're going to find something Going when the market opens up. There's always new ones that do pop up So let's see how it goes and if you see something say something and hopefully your new members are enjoying yourself and having fun Just look listen to learn happy trading everybody and enjoy class today