 Okay. You can take over with this great sharing. Thank you. Welcome. Can everybody hear me? Great. Thank you so much, Kathy. Welcome everyone. My name is Melissa Armo and I own a company called The Stock Swoosh and today I'm going to lecture about momentum and trading with momentum and really today we're going to focus on charts. I'm going to give you the information if you want to learn my method and contact me right now because we're going to spend the rest of the time talking here today looking at charts which I think will be very helpful. So here's my contact information. If you'd like to reach out, if you want more information on what I do and the strategy I trade, you can give me a call at 929-3200 Gap or feel free to email me at Melissa at The Stock Swoosh.com. Also, if you would like a trial to the live trading room, you can email me as well. You can get a free trial for the week. I also am talking on Fox Business News. You can watch me there about stocks in the market. So I teach a class on my method. It's called the Golden Gap Course. It's an online class. I teach my method. It's Saturday and Sunday. I usually do it once a month. It's a full two-day course on how to strategically find pick-and-play stocks at our professional bearish gaps. We are going to talk about momentum to the upside and the downside today just so you know. But I do like to focus on the shorts. The next class is November 18th and 19th. If you're interested, you can email me about signing up. It's from 9-5 and the class is online. You can be anywhere in the world and take it. Cost of the class is $4,999. All right. So let's pull up some charts. If you can hang on one second, I'm going to pull up some charts right here. Okay. Can everybody see this chart here of Tiva? Actually, let's go back a little bit further here. Can everybody see this chart here of Tiva? Let me know. One of the interesting things is, and I'm just going to lecture here and talk as long as we go today here about charts, we're going to first talk about this chart here in the stock Tiva. I just want to note, Tiva's in a downtrend. Okay. So the momentum in Tiva, this is a daily chart, is down. It's in a downtrend. It's very obvious now to see this. Maybe not so obvious initially back a couple of months ago. But the fact is that the stock had started breaking back at the beginning of 2016, summer of 2016, right in here. It's when the chocolate's break, actually it was the summer, summer of 2016 more than a year ago. So it's very, very important as a trader, as a day trader, no matter how much money you have, whether you're trading with a small account or a big account, to catch a momentum move in a stock to make money. It's like the difference between night and day. And I know a lot of traders do what they call scalping. They'll scalp something for five cents, 10 cents, 15 cents. I don't like to do that. I'm trying to catch a move in something. And by a move, I mean a large move, as large of a move as I could possibly get on the day because I'm day trading, although you can use my Gap method for swing trades and investments and long-term trades and options. But the idea is that it'll be a lot easier for you to make money as a day trader if you're catching a big move, because then it really doesn't matter where you get out. And the object then is obviously only making money in profits. How do you do that? You've got to get the direction of the momentum right, okay? This is very obvious here to anyone, even someone that wouldn't even have ever looked at a chart before, that the stock has been trading down. And actually, from 2014, it's hard to believe the stock was at one point well over $70. High up here was $71.78. And this wasn't that long ago if you look at it. So this was summer of 2015, actually. Two years ago, the stock was well over $70. And now today it's worth $12 and some change. Now, I'm going to go here and show you this. So what do I do? I look at stocks that are gapping. And I look at stocks that are actually gapping down first. So I do look at bullish moves, but I like to focus on bearish moves first. In other words, if I don't get a good short on the day, then I will focus and look at the longs just so you know. Anyways, here was a gap down. This was summer of this year, August. So what's a gap? I'm just going to explain this to you very, very basics who understand a stop gaps when the closing price one day is different from the opening price the next day. That's what a gap is. So in the case of Tiva, Tiva closed here the night before at $31.25. And open here the next day, this is $8.03. See this in here? This is the open of the candlestick here at $25.75. Do you see this? So the stock gap down. Here's the open. Here's the close. And actually this was a quite sizable gap down. So all a gap is is when the stock closes at one price at a different number that it opens the next morning. And the US market has a close and open time. The US market closes at four o'clock and opens the next day at 9.30. Okay. Is everybody with me? What a gap is? Does everybody understand what a gap is so far? Okay. Now what am I looking to do? I'm looking because this is before this even happens. I'm looking to see if momentum is going to come into this gap. After the fact, it's easy to see, but you don't know this. Okay. I'm looking in the pre-market to see if momentum is going to come into this gap. And also is it going to go up or is it going to go down? Because that matters too. You can have momentum in either direction up or down. In the case here of the Tiva though, guess what? The momentum was down. All right. Tiva had a big move in the day with $3 plus drop. That's momentum as a day trader. Then I want to point out it also gap down and had more momentum to the downside the following day, 8.04. Actually, the low here was almost 20 bucks. So 20.41. Should you see her, the stock had about a $6 move even in two days. Then it gap down again and continued a third day down. Broke $20, went to 18.50, three days down here for Tiva. Do you see that? And it literally kept falling. So this is a great example of momentum that comes into the stock as a result of this. It's really this, which is the gap. This was an earnings gap in Tiva that made it gap down back here in August 3rd. But it's really momentum in the gap that came in and followed through. And in this case, it was selling action. Selling action and you had shorts in here too that push the stock down. Do you see how easy it would have been here to make money short to the downside? Whether you day traded it every day short, whether you bought it put as an option, whether you did a swing trade, it, you know, very easy in order to make money with the with the momentum that came in, which was down. Now I want to show you something else. Here, let me blow it up. Back then, a couple of weeks later, September 11th, as everybody see this here, September 11th, Tiva gapped up, closed here, nine, eight, 1550, open the next morning here, 1788. So this is a gap up. And he said, Melissa, okay, well then where's the momentum in this one? Is the momentum to the upside, Melissa, because it gapped up and it did really gap up. In fact, we'll just look at it here. The close was 1550. It did get up over $2 over night. But guess what? This didn't have any momentum in it in the direction of the gap, which was up. So in other words, this didn't have any bullish momentum. This had bearish momentum. This did not have bullish momentum. How do I know? The stock just opened and rallied a little bit on the day, sold off very quickly after the fact. You couldn't even get two green days out of this sucker here. Whereas you got tons and tons of red days after this gap. Do you see the difference here? Does everybody see what I'm looking at there? And ask me questions if you don't understand. So what I want you to see the difference is the difference between a good gap and a not a good gap, a gap that you would do and a gap that you wouldn't trade. Which gap did you want to trade here? I guess this is what I'm saying. Do you want to trade the gap that gapped down in August and Tiva and get all that selling momentum? Or do you want to buy the bullish gap, which was there? It really did have a bullish gap. It really did gap up $2 in the day and it really did have a rally, but it didn't go anywhere. And so my system is able to predict that. So this was a bust. Never had anything going in it. But guess what? Not everybody would have agreed with me because the stock came into support and people bought it. How do I know that people bought it? The stock did hold in here from 9-11 all the way to almost a month, 10-3. Stock did hold in here almost a month and the stock did have a little bit of a rally back. People bought this in here, in the support. In fact, I'm going to take this away so you can see this in here. Pretend none of this happened. Do you see that there? This moving average, this is the blue line is a 20-period moving average. This started to scoop up. So people, not me, I would have never said this, not people that have done my class or trading with me, but some people, traders would have thought the stock was going to lift. It was starting to lift. It was starting to scoop in the moving averages. It was starting to move back up around again and people bought the stock. How do I know? Because the stock held the support in there for a month and a rally. So there were people long stock in there, in Tiva. Whether they bought it because it had held the support in the 20-period moving average, whether they bought it because of whatever reason fundamentally, whether they bought it because of the bullish gap back from September 11th, people bought it. Whether they bought it because they thought it was going to fill the gap, which is a term that I do not use but people do and it's a horrible, horrible, horrible term. The point is that the momentum in the case of Tiva here, guess what, was not to the upside even though it had a gap up. Even though it had a bullish gap in September, it didn't follow through. It didn't have any momentum to the upside. The momentum was to the gap that happened in August to the downside. And then what happened then? You got two more gap downs after the fact and the stock now is trading at 1240 and actually had a gap down here. This was just last week 11, 11-2. Low in here was 1085. So from August, September, October, three months basically and two days into November, the stock was, the stock loss basically half its value. Look at that. More than that, if you go back from before the gap happened on 8-1 because it was up in over 31. So the momentum, the way to make money as a trader with Tiva here was very, very important to know because if you went along the stock thinking the momentum was in the bullish gap or the way it was holding the support the whole month of September, which it was and the market was making new highs than two. If you did that, guess what, you lost unless you got out in there long, which I doubt. Bottom line is that the momentum in Tiva was to the downside the entire time in here. It never had flipped directional bias. The stock was never flipping around, never changed trend, never was in a downtrend to an uptrend, despite the fact it held support, despite the bullish gap up. So it was very easy to make money in Tiva since August short. Almost every day, you could have traded it short. And in fact, if you did trade it short every day, there would have been a couple of days you lost, but not very many. You could almost count the green bars in this chart back for three solid months. Very few. In fact, you can see here people even bought this today, which is so idiotic. People even bought this today, which is the stupidest thing in the planet. But the point is though that it was easy to make money to the downside, playing the momentum, which to me was very obvious. The gap created it. This was the guy this day here. This was the whole reason that this whole thing just dropped like a brick. In fact, I'm not sure if the stock ever gets over the high of this gap anytime soon ever again. It may not for years, certainly isn't going to before the end of this year 2017. But people in here thought it would. Okay, they thought it would fill the gap all the way up here and they went long it. And you can see that people were long in there because the stock price did hold that area between 16 something and 17 something and 18 something for a month, but it didn't ever get going. So how do you know which to pick which way to go with these things? How do you know which bullish gaps to buy? How do you know which bearish gaps are short? How do you know which ones to do? Okay, it's very, very important. Now before we get going here, does anybody have any questions about anything so far that I've discussed? Does anyone have any questions ever one about Tiva itself, the chart? And then secondly, does anyone have any questions about what I'm even saying at all? You do ask me. We have time here. I'm just talking about charts tonight. And we're going to look at other ones here too. But I'm trying to make a point. William says good so far. All right, let's look at another chart. Let's look at the app as a direction. Let's look at Amazon. Now I'm going to talk about Amazon. I think this is very obvious now today stock price closed around 1120 ish over that, that the momentum in Amazon is where it's to the upside. The momentum in Amazon is what it's bullish. Now on the live live day, this Amazon had earnings out on a Thursday night, I think it was the 27. Yeah, no, it was the 26, the night of the 26 Amazon at earnings and then the 27th that opened and had this big bar day. Here's another example of the gap. But this is an opposite direction. This is a bullish gap. So in this case here in this chart in Amazon, the momentum is forward is going up forward. So the stock closed the night before the earnings at four o'clock at 972 43 and open the following morning, Friday at 1058, a tremendous move for the stock, 132 points plus up. And then not only that, it rallied on the day on Friday and he could have bought the stock. Low on here in that day was 1050 high in that day was 1105, a tremendous move for the stock followed through the next day. The next day it followed through even more. Now I'm going to go look at the one minute chart on this 1027 day and I want to show you something here before we go back to the daily, although I do want to focus on the daily chart here. Let me just go back 1027 was Friday. I'm going to blow this up. Guess what? Some trader shorted Amazon in here. How do I know the stock price dropped? And it dropped right in here in the first five minutes of the day, fell into the first five minutes of the day. And people were short this day traders thinking the stock would drop, fill the gap, fall in that they would get some kind of move short in here. It did break the low. Under the low was 1054 for where it opened and it did drop down here $3, which is really though nothing. As far as momentum goes in Amazon, just let me point that out. But Amazon was a buy. The momentum was up in the stock. It seemed aggressive to go along the stock in here. Number one, huge gap up, huge move in the, since the earnings and number two, aggressive entry in here to take it on the one minute chart while the stock was still red. All right. This is on the morning of the day of the Friday after the earnings 1027. And yet that's exactly what was the right thing to do. Why stock price was higher momentum was up this stock. Here you go. This is the one minute chart power trended almost all day. In fact, let's see if I can fit the whole day in here in the one. I'm going to squeeze it in. There's the whole chart of Amazon and the one minute chart of Amazon for the entire day of that day that a power trended higher. Look at that chart. See, we can get it all in there. You did the stock never, never, never, never, never, never, never pulled back the whole day. Continue to hire the next day, but that's momentum. That's bullish momentum. Look at this 934, 1018 for almost four, for 45 minutes, more than that a little bit, the stock traded straight up. And if you were long in the stock in there, you made money just, just watching and sitting there at your screen. And that was a beautiful, easy trade to do. I called an option in it because it's very expensive. So you could have day traded the option in it, or you could have day traded it as a stock if you wanted to. It continued all day, but the point is though that you see how easy it is to make momentum, to make money with momentum and to make a lot of money. Okay. Because you plop on the size, you also get the volatility. You get, you get a big move. Amazon had a big move. TVA had a big move opposite directions, but the gap was the driver for the move. Okay. And then guess what? There's nothing to do here, but what? Buy it. You could have bought it here. You could have bought it here. You're certainly not shorting it in here. You could have bought it here. You could have bought it today. You can probably buy it tomorrow. Stock's going to make another new high. It looks like it's, it's almost doing it now. 11, 21, 22, 79. Next target's 11, 25. So do you see here again? Gap deal idea doesn't work. You want to find gaps that have momentum going in the direction of the gap. It's not every one though, as I showed you with TVA versus the TVA bullish gap, the TVA bearish gap. Okay. Now I'm going to point out another one here for you. On the previous earnings, Amazon did not perform. Whatever. I don't even remember what it said. Going back in the summer, Amazon had a gap down on the earnings that was 728. I want to show you this, the stock gap down. The night before it closed at 1046 and it gap down in the morning. It opened at 1012. And there you have it. But guess what? If you tried to short that on the day, it was very hard to make money. You probably did not. Stock closed the green body on the day, couldn't have made money going long, couldn't have made money going short. It was nothing. It didn't have any momentum in it. So you can't short every down gap and you can't go long every up gap, just like I showed you with TVA. And in this case here, you had a bearish gap down, but it wouldn't have rated well for my system. I didn't do anything with it. Okay. Do you see that? So gaps are these wonderful amazing things, but you've got to find the ones that qualify. And this is what I do. This is what I teach on my course. I look at 26 points in a daily chart to determine if something's going to follow through with momentum and continue in the direction of the gap or not. And if not, then I don't do it at all. Okay. Cause you see here in the case of Amazon, if it's not going to follow through the direction of the gap, which this one here was down, then you just lay off of it. Cause it's still gap down. So you still don't want to buy it there. It's, it's a no play or what I call a no treat. But do you see here how easy it was to make money going long Amazon, no matter, no matter what you wanted to do. Okay. And same thing with TVA, very easy to make money and TVA to the downside. Now I'm going to go show you another one here. EMG CMG. Okay. Another beautiful chart that has huge momentum dropping like a brick. What's the directional bias going on in this? Where's the momentum? It's to the downside. All right. Ever since the gap down that happened back here, 620, I forget what this was. I think it was earnings. This is CMG. High in the day was 444.60. So the stock closed here the night before 448 and open in the morning at 444.60. Stock closed here gap down. Huge red bar in the day. Stock dropped 20 points plus on this day here, 620 could have shorted CMG and look what it did after the fact. It almost made like a slidey board and it went like that. Literally from 620, actually it was a month in one month's time, a little bit more, the stock dropped and lost more than a hundred points. And ever since then it's lost another hundred points. So there again, do you see the momentum in CMG was where? To the downside. So you can make money doing what? Buying puts in CMG, going short the stock, the momentum to the downside. And that's very obvious to someone like me. But what's the driver? What's the reason? What's making it happen? What's creating it? The gap. None of this stuff in here. The stock was starting to get bought in here, lifting. Again, you had the moving average just scooping, scooping, scooping. There were lots of green bars going on in here. Stock based and was scooping and had some buying coming in from 823. Actually for two months, actually two months the stock was hanging on in there and had some buying, but it wasn't controlling the stock. No gap ups in there moved the stock. They weren't controlling the stock. They weren't creating momentum. Not easy to make money even if you went long in there or you might have lost. Does everyone see? The way to make money trading, I'm going to look at another bullish one now here, but it's going to be the market. The way to make money trading is by trading with momentum, but you have to find the momentum and you have to know where to enter it, what day to enter it, whether you're getting out that day, where's your exit as a day trade, as a swing trade, as a put. If you're doing an option, are you doing a day trade option? Are you doing an option you're holding overnight for several weeks or months? Many, many people talk about trading and a lot of people think trading is hard and difficult and one of the reasons that people fail so often is that they simply do not get the direction right in their trades and they think that they do because they might be in a trade and be up and not get out or they might be in a trade and get out with some money but not enough or they might take some winning trades but they have more losers and winners and they don't understand what's going on, what are they doing wrong, why and they think the trading doesn't work but they're trading things that they should not be trading that make no sense in the wrong direction stocks that don't have momentum, that don't have volatility and they're in the wrong direction and they're playing them the wrong days. You can't trade every stock every single day in here even if you were to go along the market which is very, very, very, very, very, very strong or even Amazon too. You can't go along Amazon every day and make money, you can't go along the market every day and make money but these are both in two huge, huge massive uptrends. You have to pick the proper days that they will have momentum and if you choose to do something in a swing trend overnight you're going to suffer it through and wait for it to make the second momentum move could be the next day like an Amazon or it could take a week or longer, okay? Does anyone have any questions so far here? Is anything I'm saying make you to any sense at all? No questions? Is anyone listening to me? Besides Kathy who has no interest in trading but does like to listen to me talk a live one here. WTW okay is Weight Watchers. This is a live gap. I'm gonna bring it on back. What's happening tonight? It's kind of a bummer because as I told you earlier I like to short and the stock is not gapping down it's gapping up so let's take it let's take a look at a live gap that's happening here right now. Let's see if this momentum in WTW is gonna fall through tomorrow as of right now anyways you never know where these things are gonna open so WTW is having earnings are reporting right now live it's 455 eastern time it's at 4950 let's take a look at this stock and here we have it so pretend tomorrow morning was 930 eastern time again I've been trading gaps for a very long time nine years I created my own method I'm not gonna take the time to rate this right now but eyeballing it knowing what I know this is a good long if it opens here tomorrow I don't know if it will open here but if it does this is a good long with momentum first target's 50 not that far away most likely targets 52 in the day the stock would open right around here so the momentum in WTW Weight Watchers is where to the upside it's proving itself it's proving that it is higher and finally doing it and it really had fallen off a clip here all of 2014 2015 2016 okay I forget when Oprah bought into this one was that does anybody remember I remember Oprah bought a big stake in this it's obviously helped the stock a lot anyways the stock then moved into a positive movement not that long ago so was it important earnings for for this stock tonight which I talked about today in the trading room it had to gap up and follow through and if it didn't it was going to be a good short but as it turns out it did not gap down it gapped up and this is looks like a good long here tomorrow so the momentum in WTW is where to the upside it's coming in it's pushing through it's getting bought okay so it will be very easy tomorrow if this opens around here to go along the stock and make money but you would have to know to do that because not every gap up in here could you have gone long and made money any questions about WTW is a live gap is there anything else that's capping right now live anybody wants me to look at actually car I'm assuming this is earnings gal I had just gave me a ticker symbol to take them oh look at this thing here a car is happening live right now stock closed at 41 43 this will hold the gap down I don't know where this opens but it's not going to turn around all right let's look at this puppy show here's car so this does not look as easy I will tell you as WTW to do this is going to be right on the cusp I don't want to rate this now again because it could look very different in the morning I think it holds the gap down but I don't know if this relays in the day or has a big sell-off I don't know this is on the cusp here this this is not as easy as WTW to read yes the stock's capping down yes it's capping down five dollars overnight but immediately looking this I'm not in love with this thing but the nice thing about having a system which I do and I do it for myself because I go through my points every morning as I just follow the system if the system tells me it's good I do it if the system tells me it's not I don't if it rates for the 26 point system I watch it and set up and do it if it doesn't it doesn't but eyeballing it here this is not as good as WTW AMC I'll look at that one too this has gotten cheap cheap cheap cheap I'm seeing what is this here looks like it did gap up now it's down um looks like it had a pop in here up at 1320 1330 1335 I'm not crazy about this either so far the three that we've looked at here WTW is the best gap and it's long for tomorrow morning but I mean there's a million things out tomorrow morning as well so I could change my mind but as of right now just with these three picks WTW looks the best again it's the idea of getting something that you feel a hundred percent conviction in it doesn't mean that every trade that I take works I've had some losers certainly in in a year's time you have losers but I don't have as many losers as I have winners and the reason is and I'm very good at spotting a finding momentum before it comes in if you can find and get an enter a trade before the momentum comes in that's how you're going to make a lot of money and not only that it doesn't matter where you get out I know I rarely get out of a stock if I'm short of the low of the day and I rarely get out of a stock of them along with the high of the day it's almost impossible anyways but the point is though that it doesn't matter where you get out if you get the direction right and you capture a piece of the move your your goal is only to capture a piece of the move anyways whatever the piece of the move happens to be uh what was the one from Wednesday what do we do on Wednesday what was Wednesday's gap Galahad this did flip this did flip I mean I'll I'll watch us tomorrow morning but this was up and then it flipped down what was Wednesday's gap Galahad do you remember the most recent thing that I did short well we can go over at Ryzen I wanted to go over what Wednesday's was I forget that was a week ago Verizon here here let me show you an example of how easy you can make money with momentum if you remember what we did Wednesday Galahad right in the room because I can't remember right now I'm too tired Verizon was a watch today here's an example I'll have that how easy it is to make money on momentum okay so the stock dropped gap down fell hard kabooms you could have done this aggressively in the morning and got out what if you didn't what if you missed it what if you didn't notice it right away you could have still played this momentum you could have played this momentum on the rally back in here to get a drop in it down in here it doesn't matter where if you would have taken it here and shorted it if you want to get out here here here here here do you see this if I was drawing like a triangle like I'm just drawing this now with my arrow here's the drop here's the triangle here's the drop here's the triangle here's the drop so when you're shorting you want to get in at the top of the triangle with the drop down there but how do you know where that is and not only that how do you know it's something like Verizon and if you're looking at this just right here at this you you may not know that's even going to work the stock really has dropped off for the last two weeks I mean the stock could have flipped today and gone green very easily the market was strong too and this was not an earnings gap either by the way so it's it I have a method that I look and I rank ups in the morning in the pre-market or at night like you could rate the WTW tonight or any of the other ones we just talked about car and the AMC and determine what to do with them the next day you still have to check them in the morning but you only need one stock you only need one trade you only need one pick every day to meet your goals to make 20 grand a month or 30 grand a month okay or 40 although I don't think I don't I don't think December is the greatest month to be stepping up your risk but you know I've thought about increasing my risk for this month because we're still on earning season it's still busy time right now bottom line is that many many people complained about trading and think it's difficult and hard it's that they don't know what to do they really don't they think they do because they make money occasionally in trades and they may know how to read charts in some form or fashion but not in an ability to predict momentum which is something that I do very well so there's one out this week there's a key key earnings out this week and I gave you a free train here tomorrow it's WTW assuming that opens around where it's at right now which which I don't know if I don't know if it will but if the chart looks the same as it does tonight here at five o'clock it's a good long tomorrow and I gave you the targets anyways this is earnings out Equifax Thursday night and it's a big one I don't know what this is going to do nobody knows because only the people of the company know what the earnings were it's third quarter report and it will report Thursday night after the bell so the stock will gap it could gap up it could gap down in fact let's look at the whole chart if the stock gaps up and I'm just telling you here again I don't know what it does if the stock gaps up here around 114 ish 115 is a lot better it's an immediate buy stock will have a massive rally be a great long it will do a correction after this horrible thing happened here with all the bad news and everything else that happened if you've been following this if not in google and read about it online actually did a television spot about it like a month ago two months ago now beginning of September and go look at my youtube anyways bottom line is if this stock gaps up on the earnings Thursday night here right here it's a great buy I don't think that's going to happen it's nothing that I know it's a gut feeling I think the stock's going to gap down I think it will continue with the momentum that has been happening for the last two months and I believe the stock will gap down and I have no idea where so until it does you don't know because again it could gap up but if the stock gaps down it could have a crushing move in the gap itself it could have a crushing move in the gap itself meaning let's just pretend it's Thursday night the close four o'clock earnings haven't reported yet stock close at 108 this stock could have a crushing move in the gap overnight from Thursday night to Friday mornings open at 9 30 and the stock would be like it's some sick number like $90 the stock could lose like $20 in the gap that can happen that does happen it happens all the time and I don't know what it'll do in the live day or if I'll trade it because I will have to read it with my system then Friday and morning to watch and see what to do but that's a possibility that in and of itself is momentum although I do not trade the post and pre-market because I think it's very wild and it's it's very risky which it is but you can make money doing it okay if the stock gaps down a normal amount three bucks four bucks five bucks whatever I'll still look at it I'll still rate it I'll still watch it to do as a down gap because I like to short I don't know where it'll go or move but I will tell you if it has a gap down at three four dollars or something like that normal size not something crazy like 90 like I just said then the stock is still on its way to 90 as a long-term trade as a swing trade as an option trade but it could do it in the gap it could I think the stock has a big move Thursday night whether it's up or down and if it doesn't I'll be surprised but I'll also be surprised if it gaps up but it could mean who knows you don't know what these companies earnings are going to say nobody knows and that's very that's that's that's so important also it's very important to know and that's one of the reasons why gaps are so great to day tree because no one knows because of the fact that no one knows okay there are very often people in it in the wrong direction and that's what makes it great to play after the fact when the gap is there but you got to know which ones to do you got to know the good ones you can't go along every bullish gap you can't short of a bearish gap you got to go with the good ones the ones you're going to have momentum is usually one every day but you don't know to get up in the morning and see him or at night you want this to go to a hundred dollars I don't I don't I'm I think this says something sick like 90 bucks or it just does a normal one a hundred is eight bucks away that would be a pretty decent sized gap for this but who knows it could any questions so far from anyone at all about anything I said here it sounds like Al had the Necrophax already I'm going to pull up a PowerPoint here in one second here and you can feel free to ask me any questions but I give everybody a free trade here if this if this if this works WTW if it opens tomorrow morning which I don't know if it opens around that 4950 area so if you're interested in what I do learning my method I teach a class I said this at the beginning but some people came in late it's called the golden gap course it's a full two-day course on how to strategically find pick-and-play stocks that are professional bearish gaps the class is online it could be anywhere in the world and take it only have two more classes before the end of the year November 18th and 19th at one class in December the cost of the class is 49.99 you will learn how to trade gaps and you will learn how to predict where stocks are going to the gap in my course it's a it's a it's a mind-opening course where you will see things very very differently and I don't think anyone in the semi-class hasn't hasn't learned quite a lot even people have been trading for a long long time I'm very good at what I do I have an itch okay I don't trade a million strategies this is all that I do okay I've been doing it though for nine years and I think it's very important when you're trading to be focused on one strategy it's really about chunking it out you get up in the morning and you're looking for one thing to do and you're focused you don't have to do a million things to make money and if you're trying to make 20 grand a month and if you're trying to make a lot of money and if you want to do this for a living whatever amount the money that means for you 100 grand a year more than that okay you really really have to be focused on what you're doing you can not trade all day you can't take pot shots and stuff I firmly believe in order to make even you know 500 a day you got to trade with size and by size I mean a couple thousand shares in the trade otherwise you're doing you know 20 trades a day and the chances of you have being positive all of them is zero okay it's about quality and focus on what you're trying to do so I have a system I created and if you decide to do my course you can join my live training room you cannot join the live training room before doing the class but in the morning in the room I say what gaps I like I give my point system I give the targets I give the support I give the resistance and you just follow it okay I quickly want to go over here the results for the month of October October was a good month and I've been on tv so there were some days in here I didn't train 10-2 was off for tv 10-3 was tts I can't believe that actually 10-2 was the day of that shooting and I was scheduled to be on and I was bumped because the shooting there was another shooting yesterday if I was supposed to be on tv today I would have been bumped because that's shooting yesterday can you believe that in fact today is November 1 November 6 two shootings in the last month this world is crazy I can't believe it was that was that was two shootings in a month 10-3 was tts 1500 bucks 10-4 was tiva look at this tiva was a nice one back 10-4 10-5 no trades 10-6 is cost that was a nice one that week total 5600 and there were two days no trades 10-9 was another cost 3400 10-10 was a little one down 10-11 was a loser an hdsn wmt was a winner 10-12 jpm was a loser tiva was another winner there that day too it was a good one 10-13 was a tv day off weekly total 6525 then the third week in october 10-16 spy was a loser apple was a winner hog was a loser nwy was a winner spy was a loser 10-18 ibm was a really good one 10-19 was apple that was a great gap that was a short nap on 10-19 10-20 was g was a loser clg was a winner that was a great week 11205 the week of 10-16 then 10-23 mat was a winner 10-24 g was a loser loji was a loser i did map rick even tried to come back that day couldn't do it that was a losing day 10-24 which will happen some days 10-25 was juniper loser amd winner huge winner there was a great gap 10-26 was clg twice actually the first trade was a winner just didn't get out it bounced so i lost in the first one good one for the second one huge move in clg big day 10-27 was the tb day off and the week's total was 93 50 and then mrk was 10 30 900 profit 10 30 one was two trades in halloween one was a loser actually two trades in q com so it's free trades two two ticker symbols q com so it was a great month way more than 20 grand over 35 grand but she would have had to risk you know a thousand to 1500 dollars risk in some of those trades i will tell you that you can make money the market but the problem is a lot of people just aren't very focused i tend to get out in the morning quick some trains i did hold a little bit longer it's not often though it's certainly not every day you don't need to risk this much if you want to hit these numbers if you risked even half what i did you would have had a great month in october good results though for october it was earning season i'm going to look to continue that this month in november so is anyone have any questions here we went over the gist of everything in the charts i don't know if anybody else has anything else they want to go over if you're interested in the class or a trial you can email me i do offer free trials for one week so you could trial the room this week wtw is a long watch for me tomorrow but i prefer to short as i told you so i'll be looking for shorts not crazy about car i will watch it i will rate it the big one this week will be fx if it if it does anything at all which i don't know but it would be a great gap down if it does something significant i've got some time left here quiet group tonight ask me some questions if you want to i'm here is there anything anyone wants to ask me about any stocks any ticker symbols any trains the market anything specifically about my class if you're interested in the trial email me at melissa at the stockswish.com if you're interested in signing up for the course email me there too you will definitely learn a lot if you come and trade with me and if you've never traded gaps before i tell you they're great to trade as far as i'm concerned it's the only way to make money as a day trader there's too many different things out there you cannot buy every support level and make money or short of a resistance level make money half of the time they don't work a gap is something very unique and very different and it's the momentum that comes into stock and i showed you a couple great examples here tonight of how you really got big moves in those gaps both up to the upside of the downside and that's how you can make money easily and when you don't see something like that then you don't trade and there were days like i said we're in october you don't trade so hell do you have a question that's a unique name i'm not sure if i'm pronouncing it right i hope so i see a lot of new names here tonight if you want to ask me something feel free it's been a good year 2017 was a good year for me we'll see what the close of the year brings but i'm definitely on point this year listen here's my email i think you guys and girls were up too late watching football last night because you seemed very quiet and tired and you got an extra hour of sleep with daylight savings time you should be raring to go it's only 515 eastern you're up too late on football night all right everybody email me if you have any questions call me if you have questions if you want to try out of the rim reach out to me too hope you learned something tonight looking at these charts uh so hell has a question here melissa do you only focus on one to three stocks a day i occasionally will rate more than that but it doesn't mean i'm watching them so if i get up in the morning i may rate five things 10 things but it doesn't mean i'm watching all five or 10 okay i will be looking at a couple one or two usually not even three if i have to flip to three then you know obviously i'm not having a good morning so i'd like to focus on one or two but i might rate more than that and then i kind of put them in order and i say this one's 20 points this one's 21 this one didn't get the rating and i stack them in order so right now it's very busy we looked at three tonight those more tonight i'm sure gala had just gave me his favorites but there's a bill being more tomorrow morning so i may rate you know 15 things tomorrow so it's i only watch though usually one or two i can pretty much narrow it down mm-hmm you know these are the ones and so that's what i like to do and i do tend to go to the bearish side and and it's funny because we're in a bullish market but it doesn't matter thank you melissa you're the best you're welcome thank you very much it's have a great night people take it easy if you want to try and email me and i will see everybody else it's already signed up tomorrow morning in the room if you do w2w watch where it opens be careful good luck market looks higher tomorrow too excellent good luck thanks kathy