 Happy Friday everybody Good to see you all back. Hopefully everybody's getting all ready for the crazy heat wave that's coming up The morning to see you mark Chuck everyone. Good to see you. All right. Good to see everyone Well, it looks like we're just almost finished half the month already and it's gonna be a hot one. So Anyways, gonna go anywhere anytime soon. So I guess we'll just sit back and have some fun doing some trading Though before we go out there and go through the watch list. Um, first of all, yeah I saw a bunch of you just talking about sketchers We saw that one earlier this morning. The bad thing about sketchers is that there's not a lot of orders out there I'm looking on my level four and level three and even if over here over here, you send a level three There's really not that much out there So you got to be a little careful on the sketchers and you can notice there's a big spread But um, but let's talk before we talk about some of the other ones because like weight watches and everything else Let's talk about what's going on as of what happened yesterday. There were a couple of good stocks that didn't make some big moves First of all, let's start with the AMR in trade Now let me just fix this time zone so you can see a little bit better. There we go four minute So the AMR in had a great day stock long then short We had a nice little pop right at the gate where it went from 19 to 20 And then it was just a nice short going the way down It's still taking a little bit of a hit right here But once it broke that support for some of you listen, I always say you can't go broke taking profits And you know, that's one of the big issues people have they always want to go out there And they got to make more more more listen the goal is you make it days pay and the game is over That's what it is, but I know some of you guys did really good on that and you called the quits pays Let me bring up. Oops about the wrong Yeah, why s though So pay sign did really really well really strong stock you could see it Stock was a six dollar stock and in in uh in june And sure enough this thing has just been up to 19. What a great like almost a triple What a nice nice move stock has honestly has become a little bit more of a swing trade So I want you to keep an eye on pays pa pa ys very inexpensive stock nice movement hasn't really broke down a lot And uh, if we go back here and make this a little bit more of a longer term chart guys This stock is just breaking all time highs. I mean we're going down 2016 And you can see a stock was like literally just doing unbelievable pay signs. I mean I guess they're rock and rolling nice little stock right there. Listen. How do you know how to swing trade? You gotta know how to day trade first. So put that one on your watch list on a swing trade You know if you haven't done it already I mean once it was hovering right around the 12 dollar range things been really really pretty it's been pretty good PTSD Is another one right there the stock got a little decimated from 10 all the way down to about three Had a nice little pop right there right in the middle of the day That one uh did pretty well and then you know what the ot Lk that was the best one. I think personally That one just literally right at the gate just popped up from 210 to 280 And you can see a stock took a look a little big hit So over and and I don't and obviously a lot of the ETFs did pretty damn well too I mean they'll get and all of them. I mean these things just been on fire I mean ETFs had just been great But like I told you yesterday when we talked about those ETFs You just had to be a little careful. This is not a beginner stock You had to be very very careful with these stocks because they are pretty volatile when it comes to it All right now what's going on this morning and see what's going on remember it's friday guys so As much as a lot of people want to take off and enjoy the weekend and stuff like that You're not going to get a lot of action on a friday other than maybe friday afternoons or something comes out of gate But a jockeying lead are a couple of stocks here that are moving just remember Like like I was talking about in class June july and august are the best months to learn how to trade September october november is the worst times to trade because you should be ready to trading by then You don't want to learn at the best times of the market. You want to learn on the slow time So a great time that you guys are in class and hope you've been enjoying it But what's moving this morning keep an eye on weight watchers We've seen this I you know what I've never seen a stock with a roller coaster as much as this Look when I change the time frame you guys remember this stock Oprah boarded out actually I have to go back even further than that I had to go monthly this thing just went from like 20 to 80 Dab back down to 20 backed up to 100 back down to 20 I mean this thing has just been a really fun swing trade when you really look at it So I don't know. Maybe this is the bottom right here, you know hit 20. Maybe it's coming back on a swing trade Um, you know 27 still got some room there But she's a pretty scary looking day trading stock be careful the stock Sometimes it becomes a good day trade, but it usually becomes more of a of a swing trade Just don't trade too many shares of it one stock that also got destroyed Just uh over and over and over again looks like she's up a little bit this morning mtp I'm watching over here got a couple of really nice orders over here. You look over here on the right hand side I mean you got some great great block orders. Look at 11 000 shares seller at 289 You can see that's why probably he's having a tough time breaking that right there See that guy get taken out. I mean, that's what it's all about. You know, I did an event yesterday and uh, you know, obviously, you know, we we do the uh Trading with Fausto on Thursdays And you know, one of the big things I was just telling everybody regarding about when you're looking at stocks like this You know, first of all, don't don't underestimate inexpensive stocks. It's less risk more reward And also, you know, when you see these big orders out there because one people always, you know You always hear it all the time people say, how do you know that fake orders fake orders? Listen, you know, how do you know it? There's no such thing of a fake order number one and number two How do you know those orders get canceled? You got to work on that time in sales Look at the time in sales over here in the bottom right. Look at that You know, look at that thing like move a little bit and I would like to always say, you know We're covering it this week in class. You got to have you default right otherwise because people always say Oh, it moves so fast. Of course it's moving fast. You got your default wrong So I just want to put that little tip of the day But overall MTP, you know up about a hundred and thirteen percent so far Looks pretty good. If you want to know why just look at the long-term chart and you can figure that one out PR WD another one that's I found this morning This stock I had a really really nice push Looks like it was one of the IPOs that came out Very nasty stock though guys 80 86 dollar stock. Listen, if you're not a level four trader, do not trade this stock ALT another one that's moving this morning the stock literally Just had a really really up Up move right there up nine percent Great great volume on the level three right there. You could see it Don't understand why my long-term chart is showing all that negative 400 and positive 400 two dollars Um, I don't know what that's all about But other than that, it's got great movement great volume very inexpensive looks like uh full you level one traders The stock will be up your alley YG YI another one right here. That's moving pretty nicely up 12 percent Everyone remembers this stock. We traded it back in december It went from four dollars to sixteen dollars is one of those full 500 percent movers that we traded So go back to your journals check it out and see how you did with it Because remember history is a very funny way repeating itself So always keeping on, you know, if you took the good notes like you were supposed to you'll know if you How it trades because I always tell you you're going to be trading these stocks again And why YG YI is one of them now one of the ones that have been really popular this morning A lot of you guys have been trading as sketches Uh sketches had good news yesterday and you could see you know had a nice little pop Stock kind of build nice little fossil flags after hours and you could see it's pushing pretty nicely It is in a level three category I don't like the volume like I said when you look over here on on the Level three a lot of hundred chairs not getting block orders out there And that kind of really kind of defeats our advantage when it comes to trading. So keep that in mind EIR is another one put that on a watch list took a big hit Looks like it's up 10 41. This one at least has some good volume 5000 share buyer at 415 already already advertised You got 2000 3000 sellers at at 440 and 450 So, I don't know, you know, like I said, you guys just throw you just got to get a couple of them out there and see what's going on Um, and what else do I have it was a pay oh pays. That's right Well, the pays will keep a close eye on that thing too. I kind of like that on a swing trade All right guys anything I'm missing. I did not call out. I think we pretty much nailed them all nailed them all Pretty good the decent list for a friday shockingly Yeah, I mean, I think that really pretty much does it. Um, like I said We always get new ones that do pop up when the market opens up Some people hold orders until then but as what we see what's in pre market so far We we've got a pretty decent movement. I know some of you guys did pretty well in pre market already So, uh, it's always nice to start them start positive before the market opens up. All right guys so remember you got classes that are going on and It is it is the weekend. It is going to be scorching hot So please guys take care of yourself in the air conditioning. Don't go out there and try to tough it out Um, I don't know. I look at 100 degree weather like being out at 10 to 10 below In a winter time. Don't you know, just be very very careful out there. All right guys and then uh, Just sit back and let's see if we get you know, hey, you never know. Maybe we can make some money on it He waves always obviously there must be something out of stock out there We could probably trade that can make this thing move, right? Good luck everyone happy trading I'll see you this afternoon for the afternoon meeting and see what trade disclose in the meantime if you're not going to be in class You know, uh, see something say something in the trading room. All right guys. Good luck today. Happy trading. Let's make some money