 Good morning cyber traders Happy Thursday everybody on this May 23rd. How's everybody doing good to see you all? All right, good to see you Ken. Good morning to you. All right, Mike Jean Frank. Good to see you Bonito Andrea Lewis good to see you Jeff everyone. Hopefully everybody's getting ready for the Memorial Day weekend Looks like Pretty crappy day here in New York. It's gonna be raining all day So I expect it to be an exciting one But I don't know about tomorrow because it looks like it looks like it's going to be a really nice weekend I think a lot of people are getting out a lot of stuff going on regarding about today I mean everybody saw what happened yesterday. Um, I tell you the truth. I kind of I got out of all my swing trades Um after after um, seeing what happened with president trump and the democrats, uh, you know that the The whole infrastructure plan failed You know and then seeing what's happened with china You know, I wish I sold earlier when when uh, when that whole thing happened with china But you got to remember as being a professional day trader You learn how to swing trade and you learn how to option trade because it's happened over the course of the day You see what's happening with tesla too. Yes. I mean, there's a lot of there's a lot of um Negativity and you know angry people out there. So I we need some good news to come out So I think you're gonna probably gonna get a little bit of sell-off going on regarding about the market so anyway, um regarding about trading Listen, I just want a good deal. You know what I mean? So You could always, you know, there's an old saying in trading You know, you could always buy cheaper, you know, you if you love the stock at 50 If you could buy it at 30 you'd be drooling at your mouth. Why hold it till 30 just buy it back then So these are the little things you got to learn as a trader No matter, you know, then I always say I don't like to get into politics But no matter if you're a fan of being republican or a fan of being a democrat or who's winning this and that We're all traders. We're the third party and we just And and no matter who's there or whatever, we're always going to still be here We're always going to be here. So we just need to capitalize on it. And if it's not just that, um, it could be You know catastrophes I mean tensions of you know, I was talking about what happened. I ran yesterday with the war I mean a lot of these military stocks might pick up But let me tell you one thing that's going on today. Also, there is a lot of earnings coming out today Tons of earnings. I mean, I was just looking at my my report over here. We got close to Geez, we've got 47 companies that are reporting today Uh, bj is reported best buy, you know, a name everyone knows Uh, hula packer after the close Uh, decker outdoor shoes Um, geez, I can go down the list US technologies is going to be doing Into it. I mean raw stores. They're just it's just endless I mean a lot a lot of companies coming out with earnings today. So and then obviously, uh, when you go into next week You mean you're not going to have as many but you know, it looks like um tomorrow you have eight, you know It's typical friday, you know, and I'll think I don't know what people think about coming out earnings On the day before the day before one of the busiest, uh, most popular holidays of the year But overall there's a couple of stocks that are moving. We're going to check them all out But uh, but before we uh, get to our our execution system guys, just remember phase two lesson one does start today and tomorrow Remember the most important thing about your education your cyber trade university Is we're not here to teach how to make money. We're here to stop teaching you losing money And you got to be in those classes that that are coming up and then um, and then also I am going to be on investor inspiration today with a multi speaker and event some of the best masterminds of trading So if you guys I have gotten that link, you know, we do it at 11 o'clock Which is the best time to do your homework and take your classes So we'll see you then and then and then don't forget I would be doing phase three next week But don't forget for some people I know and not everybody's here from the united states Market is closed on monday for the remembrance of our great veterans And uh, you know, let's give our veterans a round of applause too, you know, let's thank them for all their their service I always like to wait until friday to do it, but you know what it's never too, uh, never too early to thank them for their hard work I know we have a lot of people here that uh, our veterans too. All right, so let's get to our execution system see what's going on And uh, see what's happening to market first of all is a big big list that's going on right here Not the greatest um as in pre-market goes, you know as in seeing a lot of stocks I mean there are a lot of stocks that are moving but you know, but regarding about yesterday Let me just touch upon that We had the s the pstg that moved pretty nice yesterday Great short. I mean we had a lot of good shorts yesterday Just very easy winners stock went from 17 down to 15 You know, once again, you could see nine 30 to 10 30 pretty much you're done. Listen. Remember I told you about Swing trading Okay, if you if you just saw this over the course of the day at 24 and you're down to 20 You're still hoping it's going to come back. Well, you know what you wake up next morning. And this is what happens to you So pstg, you know, it was a got crushed from the night before and sure enough it Kicked in here, but it looks like it's got some poor levels around 14 But I don't think anybody wants to hear about after the effect Pcoa that was another one. That was a great short yesterday too. That one just got decimated too That thing just had a nasty shake right at the open at nine and then from line 30 boom Especially going to the close was pretty good It went from like almost 580 all the way down to 530 very nice slow mover Se another one a nice little early mover. You could see it stock gapped up C's actually that did pretty well. All right, so that's what you guys missed yesterday Now, let's go over and talk about what's going on this morning the o b l n Benia is already bringing it up. Yes. I mean that thing is just getting killed killed From I mean, here's a stock that we traded yesterday with a big run You know what want to hold overnight look what ends up happening started exactly where it started yesterday Look at the chart. Look at the orders just getting destroyed So it looks like it's probably going to go back down to about 45 cents from where it looks like it Unfortunately too bad. We can't short it, but sure enough don't be holding over nights and there you go pn xp Another nice little mover right there the stock got a little destroyed from 14 all the way down to 2 looks like It's up a little bit had a little bit of move yesterday It looks like it's starting to come up a little bit 184 000 chairs Look at the matrix guys on the right. Look at level three. You got 5000 chair by sellers 10 000 chair sellers You know, obviously that's making a resistance where it's testing right now That one looks pretty pretty interesting wb Something a little bit more on the expensive side, which you know, I'm not always a fan of but here you have a stock That took a big hit from 75 down to 51 now She's down to 45 once again. You want to hold over nights? You don't see the day trade This is what ends up happening to you. It looks like it's breaking 52 week low. I don't know about you guys I don't see any buyers on the bid. Oh, I see his sellers not a lot a lot of small tier sizes So, you know, that's why one of the reasons why we're not a big fan of trading something like that But it's always good to learn. Here's another one spitting image of wb. Here's another one c in a sienna Look at that one. This one got crushed 66 down to 47s down to 42 You know, nice little it could be a nice little short once again You got to be a little bit more of an advanced trader trader stock like this. It'll be very very careful trading the s ina What else we got on this list end tap? end tap same thing end tap got to basically uh Got destroyed after hours obviously looks like an earnings announcement, but she's starting to come up a little bit But uh, you got some support levels right here. We'll keep an eye on it right here But once again 61 dollars, you know, I'm not a really big fan of you know spending that much money. Let remember less risk more reward bj's had earnings Looks like bj's doing pretty decent right now, but it really hasn't gone anywhere. You know, we made a lot of money on bj's on the On on the ipo when it went public and then good thing we got out of it because it ran all the way down to 20 It somehow they came out this stupid Secondary offering and just crushed the stock at like 24 was at 22 or something like that But um, it looks like she's holding pretty good right here. I don't know probably I would scratch It doesn't look like really a big remember bj is not really a day trade. It's more of a swing trade Nets this one also That's got a nice little move right here. Nice little cheap little stock up 38 400 000 shares 12 000 share buyers No, really big sellers pretty nice little stock right there right up our alley avp another one that you guys saw earlier But looks like she's starting to make a little bit of reversal right here Had a really good after hours obviously an earnings announcement and now starting to back off right here I don't I might want to scratch it 22 million shares traded. Wow. I have a lot of shares an avp lb l brands Gapped up pretty big after hours on the you know, I guess on that earnings announcement now starting to back off up 8% You know stock took a little bit of a hit Up a 38 dollar stock looks like it's holding there. I don't know thing that gets me nervous about this Remember everybody remember we talked about this. I said this yesterday You got to focus on the fit you got to focus in phase one class when we talk about Tratable and non-tradable because remember just because you like the company doesn't mean you can get out of it Remember you didn't make any money until you sell the stock Pwt and tier size has a lot to do it and this one probably looks like the little bit of the better ones out of them all You know it is it is an etf But you could see it is trending up nice and slowly. It's going up nicely there About a nice little trend remember etf. You got to be a phase two trader stock trades a lot of vine Look at that 100,000 share buyer is 67,000 shares. I mean this thing just trades some crazy crazy volume So, um, gotta be really careful when it comes to that Move that over. Yep 145,000 share by who'd help does that? All right, anything I'm missing that I did not call out kind explains why the stock's going up with that big buyer on the bid Look at that see that right there Uh, can vip is getting bought. Is that what it is? The um avp is getting bought All right. Well, I don't know what the price is so if it's getting bought Usually maybe they didn't come up with the price shift, but it looks like it's looks like it's going to be where where it's at Uh, ben says the nv the n Uh up four cents. I think about cents five seven million shares traded already. I know it's just crazy how much volume it traded thing is just unbelievable unbelievable But it is gapped up pretty big so definitely, uh You know, let me let me uh, let me bring up a point Before we go Because this came up yesterday in in in my uh in the open house webinar that we did the free webinar People always come up to me and says you guys trade penny stocks penny stocks. First of all, I don't know We do not trade penny stocks here at cyber trade university. Okay There's several reasons first of all if we traded a penny stock, you wouldn't have level three quotes number two, you know, um Does it you know Is there anything wrong with it? We're trading a stock that's under like a dollar or whatever it is Listen, we see stocks like this move up three four hundred percent. You're not like investing in it. You're trading it That's all it comes down to So, you know thing that I don't understand is like why people but you're rather go out there and they're rather trade tesla You know And because they can't afford tesla, you know, they'll they'll go out there and uh, what am I spelling? Wrong What they'll rather do is oh, but I could trade the options, you know And once again Four man playing a rich man's game and those are the people we want to compete against unfortunately No disrespect to anyone but listen. It's a game. We get paid for it. I don't get paid to lose Right. We don't get paid to lose. So anyway, good luck everyone happy trading and Don't forget class today phase two All right, and then we got uh, uh phase two is going to be starting got the lesson start today I'll be doing phase three on wednesday and then I would also be on the Multi speaker event on investment inspiration and then we remember the market is closed on monday So in the meantime, if we don't see you in class, we'll see you back at um, We'll see you back at 2 30 for the afternoon meeting see if it's fine. What moves then all right everybody Good luck today. Happy trading. See you in class