 All right good morning some traders welcome back on this lovely Wednesday. Good to see you all and just get a low low So you ready to hear me out loud and clear All right good. Good to see you all. All right perfect Well, welcome back to another morning of live pre market trading with me spousto and the staff of c2 Hopefully everybody is having a really really good morning a lot of good stocks out of moving I told you I've been a big big fan of the pot stocks and they are just Taking off also got a couple of the stocks that obviously doing like out of this world There was this SLS that we traded yesterday and then after hours that things just like blew up We'll talk a little bit about that, but just want to go over a couple of things regarding what to expect First of all a lot of you know we got phase three lesson three and four today if you're a student here at Cybertrain University, so I'm look forward to seeing you there. We had a great lesson yesterday. I know some of you You know if you made it great if you didn't You could always review it. It's on your dashboard. We went over a lot of these stocks We showed you you know one of the biggest most important things that I think a lot of people have to learn is how to take losses You know and you went to admit that you're wrong and just basically, you know buy less shares and trade more often That's what you have to do So I think that was a good lesson. So if you missed it go back to it now regarding about what to expect Going on for for this morning and what happened listen. It seems like the GameStop story started dying Typed in the wrong window here So GameStop had a nice rally yesterday. I guess I Don't know what happened Some news came out that now that certain brokerage firms a lot you trade their stock whatever small amounts But that thing just went from 80 to like 140 all the moved even AMC and All the ones on the list, but then you know that kind of fizzled out and kind of died out. Listen. I said this earlier Did you really think that GameStop when it went from 20 was worth 80? Mean seriously think about that and then went to 150 you actually are out of your mind and then it went to almost 500 okay, remember the theory I told you about the house Okay, if your house has worked a million dollars and someone's gonna offer you 50 million Why would you not sell it? Oh, you know, it's my it's in my family and My mother lived here and she gave to me guess Okay, that's not a good business decision. So get I say to a GameStop Did you really really think that it was not gonna crash? It doesn't it wasn't a matter of if it was a matter of when? okay, so It's been a really nice stock to scalp Okay, now I did do a class on scalping. You got to be careful that you got Scalping is just you just in and out in and out in and out. You're just basically shaving Okay, taking taking these buy on the bid sell the offer by the other than that stay away from it There were a lot of the stocks that were a lot better, which we're gonna talk about so before we go through the watch list Let's talk about what happened yesterday. So let's talk about what did the VX the VX RT this one was awesome. So this stock had a great run-up yesterday We killed it on this one yesterday here to side the group room. You can see it ran from 16 to 24 Just did not want to stop at the 10 o'clock great great swing tree up swing day trade Then obviously, okay parties over everybody. You what do you think it's gonna do? You know the game stop boom great short 24 dollars now. It's down to 11. All right Look at the long-term chart. Do you really think that this stock is really going to you know, 300? So this is day trading at its best But you know what one thing you learn here and what do you get to understand? If you miss the long you could always go short Okay, so and whatever goes up comes down twice as fast It took all day to go from 16 to 24 It took less than 30 minutes to go from 24 down to 11 So like I always say when it goes up comes out twice as fast another couple of stocks that did really well was the OCG entry That was like an early morning of mover ran from two to about 350. That was pretty cool SLS is just out of this world. That's saying just like $6 to 24 and then we had the NT and just looking at the watch list that we had that one also Rubble four to seven so if you're watching YouTube and Facebook live and you know, you're wondering wait a minute You guys do this every day. Yeah And like so when people like ask me like why you're not so excited about what happened with the reddit thing That is it? Listen, there's gonna be another reddit, okay? And actually there was one yesterday and I've been talking about it for the past two months When I told you that when we have a new administration come in Okay, a new presidency It's a total different agenda. All right, totally different agenda You know one is more a conservative was more progressive one thinks, you know Of the country should go one way another one sticky other way And you've in that away people all over the world and you know what it is when you have I think you vote for parties Okay, not for an actual Sometimes an individual but for a party but anyway, totally different agenda. What was the big agenda yesterday? Senator Schumer and Cory Berger said, you know what? We want to find a way how to legalize pot now, please do not get Personal and political. Okay. This is your job Okay, Wall Street you might hate them, but you got to respect them. Okay, if we had President Trump still in there Certain things will probably continue that made that rally when he first took over if you hated him You love him it made certain stocks take over but now to go another eight years You know, obviously you probably have the same things that I keep moving but now you have a new administration Not now all of a sudden it's like throw a whole wrench into it now all of a sudden everything changes You know, so now you have somebody that wants to legalize pot and these stocks are pot stocks are obviously moving Okay, and if you look at this one, we were talking about this since January. Okay, right through inauguration You can see it right there stock was $12. Okay stock ran all the way to almost $23 in what less than a week. We were trading these things and now look at it's at 27 now I only use as a swing trade are there's a couple of pot stocks out there and let me tell you something You think this looks big look at this You are I went from $23 to almost 300. Okay, and obviously came right back down with the pan news So when you're looking at this little little hiccup right there, you're like, wow, that could really actually could happen Well, listen happened in 2019, you know, but um, you know, because everybody thought like oh, you know the pot stocks and Legalization I think that's when Canada took got legal. I know we have a bunch of Canadians in here, too I guess that's when that really came in and I guess that kind of like Bloop in a face because they realized, you know, taxing people, you know, obviously They found another way around it, but um, But I think that was with that rally that would where that came in But anyway, pot stocks are really good another one. I want you to keep an eye on now Remember, we just don't day trade. We also swing trade in here pins I've been a big fan of Pinterest So pins obviously after you saw what happened with Amazon yesterday Amazon Had really good earnings. They did pretty well a pretty volatile though Google all these high-tech stock Google's obviously Doing really really well here. You can see Google basically popped. Why is this chart like that? Here we go. So Google obviously broke all-time highs. So I've been a big fan of Pinterest. I think Pinterest Is I mean, we've been trading Pinterest right around $40. So if you guys still have it It looks like it just broke almost broke all-time highs. So we'll see what happens. Remember when a stock breaks all-time highs It's off to races. Okay, it's on on on charter territories. Now. What's the big news going on this week? Okay? I haven't really spoke about it, but We know it's the Super Bowl. Okay, some of you out of the country like, oh, yeah, I heard about it I watch it. Okay. So I would keep a very close eye On Draft King. Okay, so they want to legalize Draft King took off also because they're here in New York because we have a Terrible Run, you know system and they're so in debt Probably the most in debt next to California. They're trying to do whatever they can to raise money on taxes So they want to now legalize gambling here So Draft King obviously had nice little pop because of that and it's gonna be testing high So I would keep an eye on Draft King with the Super Bowl and everything else. I think it's gonna be a lot of gambling going on Listen people got nothing to do their home. It's like trading, you know, what they say about the reddit guys those kid Oh, those Millennials would they say most of the people that would got money from their stimulus We're actually which is queer kind of weird Or disturbing on a way to look at it But that's where they got this money from and that's how they all just vesting the stock market So anyway, I would look at gambling also You have a pen Obviously, he's been doing this phenomenal and just doesn't just doesn't stop Just 10 was $4 back in March. This was just oh Look at that for Dollars you want to talk about stock that had a run. This is what had a run I know a lot of I know a lot of young kids actually trade to stop I know they're still on my nephew even had it But anyway, a couple of stocks out there. So we got a couple of swing trades. I want to keep an eye on them Let's go hop on the day trade bandwagon right now because I gotta get ready for class. My god I didn't realize what time it is. All right, so we got the si no This stock just had a big runner from six all the way to 16 Built a little bit of a Thalstow flag right around after about 845 Stock had a nice little rally. We've been trading the stock. We've been watching it the stock was from $2 to $8 It's pretty volatile. Be very careful. It is a category 3 It doesn't have algorithms in it, which is cool, which is great But we do got some decent iceberg orders. Just don't trade a lot of shares of it We might be trading this stock in in in in class for your students Hnrg is another one that's actually moving in this morning. It's pre-market. We'll be more comfortable Nice level one stock for your beginners out there. That's still a little bit You know a little nervous jumping into a trade this one up 25 percent 30,000 shares I got some decent iceberg orders out there I see a 7,000 shares seller at a buck 90 that kind of explains it. Why it's been kind of hovering there to last five minutes Pretty nice little comfortable stock to trade to watch going into this open Remember the goal is when we read what we trade these stocks when you start to have volatility in it If these stocks are not moving You're wasting your time. All right, so that's the whole idea Here's a stock a z y n e It's kind of flat Comfortable beginner ish level one. It's got some decent iceberg orders not seeing a lot of algorithms in there That might be up your alley. Here's another one That came up late on my radar. I would keep an eye on this cnc a nf Another one that had a really good pre-market move from two dollars and fifty cents to a little bit over 250 You got some huge orders out there 29,000 at 234 10,000 at 233 a lot of big orders out there and you could see did that's the reason why it's holding if those buyers get done Okay, you know what's gonna happen after that. Well, you know, you all you cyber traders another one That's moving pretty cool here nice and move is this T. Y. M. E Big move this morning two to four dollars. I know a lot of you guys that came in early here in the cyber group room Around eight o'clock this morning. Yeah, this is the stock that you guys traded I know a lot of you pretty much done already With this stock, but what a nice little mover doesn't mean it's done. Listen, please You know, I don't have some people here, you know watching and I know Christopher just boarded up to the T. Y. M. E Is that don't look at this stock like oh, you know what I should have had it could have wouldn't you know what? What happened to the SLS right? You know that you could avoid it yesterday could avoid it this morning could avoid after hours You know the goal is is you're not trying to hit home runs You're just trying to hit base hits that's basically it comes down to it and then this one the last but not least is this one I like this is pretty cool the VX RT. I know who's on your shortlist, but here comes the crash Here comes the crash. Look at that bad boy coming down. That was that's that was a gorgeous short Right around 830. Okay, right around 830 and you know what the sad part is Because I always like like we're gonna be doing a an open house tomorrow every Thursday So once again, if you hear watching YouTube Facebook live You want to learn a little bit more about level three level four Just click us and like us subscribe to us and you know, we'll be broadcasting live on that But um, it's sad how many people just don't realize that they get stuck in a position They can't get out of until the market opens up. Well, I'm gonna do a video on that and explain Explained it actually I did one on my YouTube channel and you could find it on my playlist But I think I'm gonna probably do another one the next couple of days regarding it But if you don't have access for for in pre-market after market, you're no different than what happened to people in 1987 during the crash, okay It's time to wake up and start using the tools to be very successful Because you got to play fire with fire and you can't be held hostage for someone else That's trying to profit from what you're profiting from you and it's trading against you when you could just do it yourself So that's gonna be a tip of the day. All right. Uh, yeah, I know that Michael the KOS. This is getting hammered. Yep I get it that I mean, listen, it's the matter of time just a matter of time. All right guys So let me get back. Uh, so you click bait 100% of the daily Of course, I could be I I don't know what you mean by that Just if you be more specific on that but the the TYME if you're talking about that one is Where is it The trend is coming down now I mean you're pretty much done early in the mornings But if it holds here, it should be it should be pretty strong As long as those buyers on the bid don't get executed on level three. All right All right guys. So listen good luck. Happy trading. We'll be back. We'll see you back here at 230 students I'll see you in the trading room In class at we'll start at 935 Cyber traders in the cyber group room. You see something you say something and once again You guys on online and YouTube Facebook if you want to have a join our trading room Just click on the bottom for $9 do a trial get in the room You'll see what we do all day come and join the original trading room They started 25 years ago. All right guys. Good luck. Happy trading. Be safe and I will be seeing you this afternoon