 Good afternoon everyone and welcome. Welcome to the stocks we'll show market review of the QQQs it's a holiday weekend and the market is an open Monday tomorrow it's not open until Tuesday the 17th but on Friday the market actually had a beautiful cap up and a rally and made it up to the next number here which is basically 107 rallied into the close straight up into the close and I don't know where we gap on Tuesday morning which is the next day we're open you know nothing would surprise me here we can actually continue going straight up another day in here it's really going to depend on where we got first thing Tuesday morning how we set up and trade on the day on Tuesday and really for the rest of the week but I did say a few videos ago that February would be a really bullish month and actually looking at this here every day in the month of February was green except for one one day so far in the month of February was red now again you can't tell everything necessarily from the color of the bar but I'm just saying this is a very bullish month we've had nothing but a constant rally here low for the month was set on 2-2 and we just continue to rally and we just made a new high here most recent high in the Q's so the market is very bullish it's continuing the uptrend never broke the uptrend I know a lot of people were convinced the market was going to be lower back in here and then in here and then here and all of this in here but I was calling the market to hold and make new highs when all of this was happening and how did I know that because I read gaps the way that I trade is very specific it's based on price action that happens in gaps that's what tells me what a trend is in a chart or even the market like the QQQ's there are so many people on the planet that really want to learn how to trade or I shouldn't say want to learn how they they want to make money in the market there's a lot of people that want to make money in the stock market but not everyone wants to actually learn how to make money in the stock market some people do want to learn how to make money in the market and they have tried to learn through books or maybe specific classes and they haven't been able to become profitable and learn the right method I really was lucky early in my trading experiences to find out about gaps to teach myself this way that I do things because there's a lot of other different roads you can go down before you find something that works I was just you know destined to do this because it was something that I saw in the market really early on but it did take me time to figure this out too I do trade I trade every day every day that there's a good quality gap I don't trade the market every day I look at the market I look at the market because I like to know what's happening in the overall general market I run a live trading room that helps me lead people when I'm looking at the markets doing it's also important I think to see if the market's power is running on the day up or down in reference to holding your position if you're holding it to a dream target if you're ready in something it's not about taking it it's about whether you're not you're ready in it and how long you want to be in the position I prefer to trade in the morning but if the market's power training one direction into the afternoon you might want to stay with the trade or exit the trade depending on if you're in a long or short the market has had some beautiful beautiful green bullish days that have set up very early here even in this month of February and really in the last week that goes to the 15 minute chart I think this 15 minute chart ever since 2 9 has held the uptrend here even on the smaller time frame okay it was never broken on the daily but that's a larger time frame but I'm saying in the shorter intraday time frame in a 15 minute chart this QQQ's back since really towards the end of the close of 2 9 so 1 2 3 4 solid days here the market is held the intraday uptrend which is really a nice chart here it was just beautiful so I know a lot of people shorted the market thinking it was gonna come in it was ascended and everything back in here but it wasn't and I know people teach and talk about certain methods that might have pinpointed that that was a turn in the market direction but that's only if you look at other things on the chart not price action or not gaps and it's not just price action it is the price action in a gap that is the very specific and detailed way that I look at a chart to determine how to trade an intraday during the live day and then in the overall bigger picture it's the price action within the gap itself it's not just price action because as I pointed out there was selling that happened here in these red bars down in this last two months so the price action incorporated selling but it wasn't real weakness or bearishness in the chart and how do I know because we're reading the gaps in the market both the bullish gaps and the bearish gaps by the way so the next golden gap class is February 21st and 22nd if you're interested in signing up you can email me at Melissa at the stocks wish.com if you would like a trial to the live trading room I give a one week trial that you can come in and observe me trading my I only call out usually about two top picks a day sometimes three if I like more than that personally I usually try to stick to doing one but I do also call the market every day if you want to be in a position in the live market and QQQs with the spy and I've been reading the market very accurately and it's based on the fact that I can read gaps well because you can rate the gaps in any ETF and the QQQs and spies just ETFs in the market so you could be rating them every morning to determine how to trade them and play them but I wouldn't be surprised if we gapped up Tuesday morning because of the way we closed here on Friday and holiday weekend I'm not saying 100% conviction that we're going to gap up in the gap Tuesday morning I'm saying I wouldn't be surprised and I'm throwing it out there that we could actually gap up again and rally another day and I just wouldn't be surprised if it happens I won't know till I get up in the morning and Tuesday morning which is a long way away and see the gap but I will say the market has it's just beautiful and it's going to continue higher and like I said back in the letter that I wrote a few months back at the end of December the market's going to have a very large bullish move this year larger than anyone's expecting even people that think that the market is so strong and held and never thought it was going to collapse in there like a lot of people were saying it was going to crash even people think that the market's bullish this year have no idea how bullish the market is actually going to be I'm telling you that the market's going to be very bullish this year more than expected even the people that are expecting the market to fall through in the trend it is going to be an astronomical move up at the market has this year because the way a lot of things are set up and playing out the market if you'd like more information email me at melissa at the stocks which com have great day everyone