 Good morning cyber traders. Happy Friday How's everybody doing this crazy? My god up a lock market up a thousand points Phil. Good morning to you Mike Dennis Good to see you all Chuck Jean Donna everyone. Happy Friday. By the way, you know what today is Today is Friday the 13th And they heard we have a big super super moon out there Pretty scary, right? All right. Well listen, obviously you heard the news last night It trickled down into today. I told you the stock market actually That big correction we had not yesterday a couple of days ago a lot had to do is because Congress couldn't come up with a plan Obviously in fighting in Congress, you know about coming with a stimulus and it looks like they came out with some type of stimulus Nate's Pelosi came out and said we're probably gonna have a vote on something early this morning Senate will look at it on on Mondays. So the market likes that. So that's a very good thing For the market market does like that and I'm telling you right now. I really think that After I've been up late and I've been up early and you know I mean listen to a lot of people on TV a lot of a lot of analysts a lot of the markets factoring this in about a month into it and You know after hearing what they're saying about the coronavirus They're expecting we need this just the beginning It's but the bed's gonna start coming in about within an x2 to four weeks Where we're really gonna start seeing people really get sick and the numbers are really gonna take off You could see New York and everyone's trying to get ahead of this Regarding about this coronavirus. So, you know, this is my point. I want to make out I want to point out that I found out that that I that my analogy first of all, I want to tell you right now This is nothing like the financial crisis. Okay. I just want you guys to know that this is nothing like it at all All right, but this is a This is a you know a temporary fix You know, I Cancel my Delta tickets. They don't give you a refund. Okay, they just give you a credit for another future flight That's basically it, you know, it's not like they lost the money They still have the money for all these plane tickets a lot of these companies are you know, I heard that universal closed You know down everything's closing left and right. I mean, I really trying to get ahead of it But the thing I want to try to get to is that if you if you love the market when it was at 29,000 you're probably drooling right here if you really think Okay, that this market's not gonna be where be he go back up within a year Then short the market and get out of the market if you really think this market is you know because of this this Catastrophe, I mean listen, I've been through this before and you keep hearing people and say hey the markets gonna come back So come back. Unfortunately. We don't know where the bottom is we really want to buy the bottom Michael says yep a huge opportunity ahead. I know and you know what? I'll tell you the truth I lost money yesterday. I was really ticked off yesterday and you know what I lost more than I wanted to But if I if I didn't take that big loss, I would have doubled that loss If I trading going into the close. So there's you know, there's some big big Corrections in the market now the market right now is locked. You know till the market opens up We're up about you can see the Dow right now. I'm looking at on TV right now. It's at 11,000 I mean 1111 hundred. It's it's locked. So we have to wait till the market opens up But there's some great opportunities, you know, listen, I don't know where to start But you know, listen, I'm hearing everybody that are drooling about certain stocks. They wish they bought this They wish you bought that. I mean, I'm even looking at long-term. I'm looking at I mean Boeing I mean it took five years to get to 400 it came it lost it all in about three weeks You know, I mean, I mean, I always have other problems. I mean Delta. I mean all the these these shipping stocks I mean I keep saying shipping cruise companies You know, if you're looking for the next two to three years down the road and you look like, you know You could have bought these stocks three years ago I'm like darn. I should have bought them and they're there. Well, guess what? They're back to where they are because it is damn little stupid virus. You know what I mean? So the point is this there's some great opportunities out there and you know, just I know everyone's getting You know doesn't know yet. It's you need to see some consistency, you know I mean people like are you a buyer here? You know, I don't know. I mean I am but I do want to buy it one I want it. There's so many positions I want to do you know make some long-term swing trades on it because remember being a good day traders makes you an amazing swing trader and You know here is like, you know been a day trading stream but doing great Brokerage firms by the way, I think are gonna kill it. I think they're gonna have record record months So those companies I would definitely keep keep an eye on it because everybody's just trading like crazy CSQ yes, Ken. I mean look at that thing. I bought it yesterday. Okay, I bought it yesterday I bought it back. I bought more, you know, the stunt company pays you nine and a half percent interest and it pays you every single month They raise their dividend. I mean last time I bought this cheap was last year, you know, I'm saying so it's like There's a lot. There's a lot of great crazy buys out there You know what I mean? It's like and you're gonna kick yourself in the butt Listen if you think the market is the way I look at it. Tell everybody if you really really really think the market's gonna go back to like 15,000 10,000 then sell everything shorted. That's all that's fine You know, I mean listen if you but if you think me personally I've been through four catastrophes You know and every single one of them I kick, you know, I made a fortune on it and everyone's like wow You remember that I haven't we haven't had something like this in what since 2008 since the financial crisis and look You know when Obama had to deal with the financial crisis a lot of people didn't like that, you know We build out the banks, but if you were in the trading industry like us, you got you killed it Okay, now you're having Trump that's dealing with a catastrophe If he does that if he does the right thing like Obama did with the financial crisis So people might not like what he does whatever but if he does the right thing the market's gonna come It's gonna do great. So it's your opportunity way to look at it so we got to make sure our government fixes what's going on and Only thing I feel good about it. I'm telling you this is nothing like the financial crisis Nothing like banks will go in out of business Okay, and people going to the bank and taking their cash out. This is just a stupid little virus that's screwing everything up for everything and you know as a trader and you're being in the business You guys got to get you got a lock and load. You really got a lock and load All right, so listen, there are a lot of good buys out there I don't need to go through a list like, you know, can you brought up CSQ GM? You know Ferrari, I mean look at these stocks of race. I Like race for one reason one reason only they already came out with bad news This is a you know an Italian company great company made a lot of money in it stock got crushed It's exactly where I bought where I sold it Wish I had it but listen they're already mill their catastrophe, right? They're already crushed already in Italy, you know, they shut it down So people always ask me when's a good time to buy I tell them when when the worst of the worst of the worst comes out and it doesn't go any lower That's when it's time to buy so we're having that, you know, we're having that conversation right now That's basically what's going on. Um, you just got to have to know how to just You know gotta you can't look short term You got to look long term if you don't look in as a swing trade now We're talking about great great swing trade opportunities You got that. I'm a big fan of Boeing. Like I said, I was just watching March Cuban on TV He's you know, he's obviously in the entertainment business. He's like I'm drooling on Live nation You know, obviously didn't even drop that much for crying out loud I don't know why he likes it so much and really didn't go anywhere Nation, but you know because obviously entertainers still have to make money So there's just there's some really really really good buys out there. All right Now regarding about the the corona stocks. I'm telling you I think that that ship has gone and sailed Not really seeing that much out there with a lot of the corona stocks There's a couple of them that are moving. You got this OPK. That's that's moving pretty nicely this morning You know had a big pop came right back down. It's a little bit more of a day trade You could see it was pretty pretty damn volatile out there on You have some of these other stocks some of these other ETFs the BRZ you it's got a nice little pop right there Oil made a little bit of a comeback You know made a little bit of a comeback, but it looks like things is just starting to you know Right now we're at that 9 30 9 9 30 time frame So we're kind of pretty much we're kind of like flattening out right now things again things are We're right now in the ugly stages, but you know royal Caribbean. Just want to bring that up RCL Big big pop. I mean only a 140 down to 30 Stocks up seven bucks this morning Very very volatile and you know what? It as a swing trader like I'm still listening to some of the analysts on TV They still are not sold on this on this a little bit of a rally anything can happen I know Mnuchin is going to be coming out talking about the financial markets You know whenever they come out they talk about what they're going to do We get this huge spike like we had yesterday when when the Federal Reserve came out and then boom the market bounced a thousand And look what happened. It's just tanked again. So Regarding about swing trading listen if you love a company, you know, if you really really love a company We should have had I think this is your opportunity to get it cheap again So you might have to deal with a couple of more 10 20 percent swings But like I said if you look over the next year or two, you know what you never gonna see that's what you got Look at you're never gonna see this again. That's the way I look at it, you know, so I'm talking brand names and I'm talking real solid companies That's the one thing you got to look at real solid companies, you know, I'm not gonna go out of business It was talking right now Kevin. Okay. All right, so That's you know, let's see what he says and you know, obviously him charged the fine He's working the deal with with Pelosi on the Congress about about that new about about a deal to get done Some type of stimulus so hopefully that's gonna work out the market likes it But we don't know what the market's doing because it's locked right now But anyway, there are a couple of stocks out there that that are are moving guys You be careful with the ETFs because these things are so damn volatile, you know You're going up they're going down that this is so damn crazy to Vix. You know and down it's down 20% TV TVics this thing went from 50 to 300 now went to 460 last night It dropped. I mean you got to be really really careful of the stock Trade one share of it and see if you could if you could deal with it It is pretty damn volatile out there. I just wouldn't buy anything right now guys you know once again you the All the cruise lines got destroyed. I Think they're gonna probably get some type of the bailout. By the way, if you're interested in a cruise ship I guarantee you can probably get it for a really cheap price right now a really cheap price But look at the cruise stocks. They've been pretty volatile. Just don't trade too much airlines look at airline stocks They they're pretty much moving all over the place. I'm looking at them you know But that pretty much that pretty much does it regarding about our normal routine here at Cybertrain University Going through the big percentage gainers and losers Not really that not really the time for that right now I think I think we maxed out on all these on all these corona stocks and All these all these other company. I think everyone basically the cats out of the hat. Let's focus on brand names All right anything else guys that I missed Opk is moving up pretty nicely. Yeah, that one's moving up to 50% but it's Volatile it's volatile just be very carefully. It's extremely volatile that stock You know, I mean if the stock had a big big pop, you know, you could see it went up and went down the thing is moving like, you know 30 the 20 30 cents a minute All right, so I'll put that in the watch list guys. So let's go out make some money. All right, and don't go anywhere