 Good morning cyber traders. Welcome Thursday April 9th Hopefully everybody who celebrates Passover. Hopefully every guys are enjoying your Passover Everybody else doing fine Good to see you. All right. Good to see you clipped on everybody. Good morning Michael everyone beautiful. All right guys. So what we got going on today? Well Tomorrow is good Friday. So the stock market is closed. We got Easter It's gonna be the most unusual type of holiday then All of us had to celebrate if it's Passover. It's this Easter whatever it is But um, it looks like we're gonna be locked up in our houses. So Usually I do a big Easter party at my house. I usually cook for like 50 60 people and I think we're just gonna do a zoom meeting Everyone just hit the tables and we'll just be able to share our phones and stuff like that I guess that's the new norm but um Yeah, I know it kind of stinks Bonnie and it's it's kind of tough But anyway At the end at the end of the day, I could tell you this at least we could say that Nobody's rushing to catch an airplane tonight because most people the kids my kids would have been all from school for a week And we actually like anyone else had to cancel a vacation plans. So I guess everybody's gonna be trading the market So anyway, let's talk about what's going on the markets market right now is up 300 points I guess more people didn't you know File of unemployment as they thought they'll be unemployed. It was like 6 million people I mean, it doesn't sound like peanuts too, but you know what markets doing pretty well swing trades are doing pretty well Day trading has done very well and most importantly, you know, I just did an Instagram post on You know, a lot of the mortgage stocks are doing well MFA, okay, we're gonna talk about this but before we do I just want to remind everybody today At 12 o'clock We're going to have an open house So I know we have a lot of people here logged in on you know, like I said Facebook and Twitter and and YouTube So if you guys want to register, I'm gonna talk about the the coronavirus a global economic threat And I'm gonna talk about how we're actually trading some of the stocks that we traded just click over here on the bottom and Just get yourself registered and we'll take care of that. All right. I just want to give everyone a heads up for that Event that's gonna be at 12 o'clock. Now. Let's talk about the MMA MFA now. You guys know this I Do not like to hold overnight positions. It's part of the common rule. You just don't do it. You know what I mean, but It was a cheap stock The stock was eight dollars. It has some really good movement You could see here on the long-term chart the stock was so damn strong going into the close And you could see it right here right at this time right here the stock just finally just took off And then from nowhere the thing just ran to a buck 90. I got in around a buck 75. I end up I had I had to do a had a Roundtable meeting with a bunch of my Partners that I do events with and I end up selling it in the aft hours. So I got out right around two dollars I could like right around here about a buck 95 or whatever and You know, I just don't you know, it was it had this little shake right here I wasn't too crazy about it, but I was actually trading it that late going into the day And you know what so where it is right now big deal I'll just buy it back But this stock if you remember from trading yesterday trades some crazy volume. I'm talking that like, you know Thousand share lots. I mean you could see the tier sizes people trading hundreds of thousands of shares You know on the bid and offer so that made a big big difference But anyway, that was just one of the really good moves that we had There were also a bunch of other ones APA That one did amazing and you know, you could see it's moving up again All these stocks Apache all of them are all mortgage stocks and once again They're all piggybacking on what traded as of the past two days now The thing is this sometimes they get a little nasty As a day trade they look they're becoming a little bit more of a swing Day trade meaning like you're holding it. You're not more scalping it You're more holding over the course of the day, but they've been pretty damn strong and listen Look at this stock. The stock was like $30. It got destroyed Some of them are actually filling in the gap that becoming gap fills. So those also doing pretty well I just want to bring up oxy That was another one A lot of these oil stocks also I'm moving Petro, they're doing pretty well, too But you could see look at those the you know going into the clothes I personally didn't think the morning was as as great as in the afternoon And you know, we get people that log in from the West Coast to the East Coast and it all comes down to you know, basically Morning's always a better but Afternoons actually worked out pretty damn well, too. All right As of as of yesterday now, there are a couple of stocks that are moving and I'm gonna put these all on the watch list Like I said, you got my MT That's doing pretty well. That one just had a nice little pop. Let me change the chart here and Bring up a minute chart. So you can see that one's doing really well very inexpensive stocks, you know And listen, you know what it's funny, but there's some of you here that are watching and you know, I Get emails from you and everything else and some people always ask me like, you know You guys trade a lot of inexpensive stocks. I'm like, yeah, why not? There's something wrong with it. Are you prejudiced? You're racist. I mean, what's wrong with the cheap stock? I'd rather trade this stock than trade apple Okay, I was talking to someone the other day And I'm just going to bring this up I just wanted to just give you a little tip and why we do what we do But I had a somebody the other day and they're like, you know found still really not my You know, I've been trading the cues. I really know what's going on. I'm like, really? Okay, great. What are you making over six figures? Oh, no, no, no, no, no, no, no. No, I haven't you know, I'll be happy if I just make, you know 10 20 000 a year I'm like, first of all, I would never ever trade the cues And you're trading it You must be a better trader than me. I mean only the best traders in the world could trade and know what's going on Not that you can't make money with it, but less risk more reward and you're like, yeah I guess you make sense. I'm like, listen if you in the real estate business and you're going to make a 50 000 commission You know, would you type your money in a quarter million dollar house or a five million dollar house? You know, I know the five million house looks nice, but listen, is your money putting on the line If that five million dollar house gets burnt down, guess what? You're screwed. You know what I mean? So it's all relative So it's all about risk to reward. Anyway, just want to do that because I this one person Really, I felt bad for them and you know, unfortunately, you can't convince everyone but When you have somebody trading like that and you know, there's some of you out there I look at it and they're like, ah, they trade, you know inexpensive stuff I don't care how what the hell the price of the stock is because there's actually one of the stock You know, that's moving pretty well. That's not we always trade inexpensive stocks. This one also is moving up pretty great bi li And you know what I'm going to bring up the watch I'm going to bring up the the book view here and look what's going on these guys getting taken out Big block orders boom boom and you have this big order right here that just slowed it down But and you know, we we talk about that and you know, we'll talk about that when we're in uh, we're in the trading room and in class But listen, nice little stock that made my watch list awesome stock right there Uh We got the bi li. So what else I'm missing. Okay, we got the mfa. We know about that one. Okay Uh apa, we know about that one Uh, a couple other ones that made the watch list Uh, what else we got here? We got axn That's moving up pretty nicely too same thing Another capital stock very inexpensive, but not as nice the other one got decent volumes up 33 Rig when we call that early this morning. It's kind of flat right now. I don't know what's up with that But you know, it is up about 25 1.5 million shares trade. I mean it's a hell of a lot of shares right there Market's not even open What else we got here nls they say that one No, I didn't say that one up 44% another nice little mover right there But she is making a little bit lower lows in the pre mark from 830 to now So I don't know if that's more of a pennant or if it's just making lower lows But that one I want to keep an eye on going to the close. I mean to the open chief I mean chefs right there chef The chef's warehouse that one's also gapped up pretty nice not not as nice as many shares as the other one But is up 11% so there are a lot of stocks out there Uh one one last one. I want to throw in there And by the way, this is just pre-market stuff. This is not when the market opens up We always find new ones when opens up But hlx also has moved up pretty nicely too another inexpensive stock $9 stock got destroyed. It seems like every single stock if you put if you had an indicator Of every stock and just you know what the market did everyone will look exactly the same. It's amazing MITT. Yeah, I missed that one too. Yeah, that one's also very good. Thanks for sharing that Ken That was another one I mean, there's so many of them out there another mortgage stock MITT up 11 1.6 million shares This one this one's pretty nice and and listen I'm just telling you right now. This is not gonna last forever. Okay Remember first it was the corona stocks with the pharmaceuticals Then it was the brand name stocks because of the market, you know finding the bottom now It's now we have the bailout You know in my round table. I was talking to some people and they says, you know The corona thing is pretty much dead, you know, not a lot of people looking at corona stock You know like maybe that much shouldn't talk about that much because we're not seeing that and I get it You know, listen, I've been talking about it for almost two months now three months now You remember when I was down at the nasdaq center, but you know what? Unfortunately, it's going to be here for the next I would say 12 to 8 months 18 months We're going to be dealing with this for a long time. We believe we are not out of the woods, but What you know, what better I could talk about which is the next new wave It's obviously the mortgage stocks. They're all moving Listen, if you've been if you've been following ctu or been part of our family for a long time We trade in you know in industries if it was remember the shipping industry with all the shipping stocks Remember all the um the pot stocks. Okay Remember all, you know The corona stocks. I mean you guys probably you can go down the list over and over and over again It's all solar stocks. Remember the solar stocks. So, you know, those also took off at one point I mean, they just you just got to know where to look And that's the beauty about being here. So anyway That's our watch list of pre-market right now. Now. Listen guys, it is a Day before the market closes. So, you know, the market looks pretty good I I honestly think it's going to be a very volatile day because nobody likes to hold stocks go into a long weekend and You know, if this curve is actually really happening here with with the coronavirus I mean you could see a big rally in the market going into the into the open So I hope a lot of you guys, you know got some bottoms on it and is it too late? I mean listen Come on. I mean Some of these stocks are down still down 50 60 percent 70 percent from their highs Now are we going to expect them to go back to those prices? It would be great if they did But I don't you know, listen, they still work a lot of money these companies, you know I'll never forget the financial district industry when the market crashed on that and I traded uh besterns And it was like 90 dollars that thing dropped to four dollars and then some guy on tv said, do you know that for the The book value on that stock is worth more than what the stock value to have a piece of property on on A building out in was at park avenue in Manhattan It's worth more money than what the stock value is and the stock ran to like $13, you know that day So everything is all relative So anyway, um We got our little watch list right here. It's not, you know, we know what we know what to look for Just let everyone give everyone a heads up. There's always new stocks that are going to run up So, you know, we'll start commentating when the market opens up in about 15 minutes And if you have not done it so far already Just to give everybody a heads up Today we're going to you know at 12 o'clock we have open house So if you can go out there and share it tweet it let your friends know about it And uh, we're going to be starting at 12 o'clock So, you know, obviously we don't train them all the day. So why not come and join us for the free live trading You know a day trading class with fouls though, all right, and we'll talk about it And like I said, I'll be talking about the level three and stuff. Oh, and by the way, uh, did you guys get my alerts? I've done a couple of sample videos for everybody here regarding about uh on youtube about You know how to use a total view So if you haven't watched those videos, just do me a favor Watch them. They're good. They're only about two three minutes. I did some really short videos I'm gonna do a lot more but uh, go out there like them, you know And uh, you know, and obviously are we subscribed to us because we'll give you more alerts I'm gonna be doing a bunch of those. All right. Good. Good. Good. All right guys Good luck today. Happy trading and if I don't see you going into this week, uh this afternoon, uh, we show all of you guys a happy friday and Happy Easter and then fall out jewish friends out there. Wish you happy Passover and just be safe guys. Don't listen Don't go anywhere. You got a great excuse to be here. Just trade. There's no way to go Good luck everyone. Happy trading today