 Good morning cyber traders happy Thursday and an exciting Thursday because today is The first day of the month and thank God. We're out of November October. No more October crashes. All right Good to see you Steve Ken. Good to see you Lita Mary. Good to see you all all cyber traders Neil everybody. Welcome back. I Feel like a I don't know. I've been up since five o'clock this morning and I was just I just couldn't wait until October was over You know October is finally the month where everyone gets their bonuses and you know to get paid for those hollow Holiday bonuses, you don't probably think about those things, but I do because that's what people do in the trading business You know, they want to they want to make sure they finished out the year with a big bang So that's why you always get this crazy about crazy volatility So I don't know whatever you hear on the news and stuff. That's really the top story But I buy that fast that you did you did good this morning well, thanks a lot Grant and And and welcome and it's always nice to have you here and thanks those great comments that you gave us yesterday Grant in the meantime guys Top story what's going on? First of all, you know is November. It's the first day of the month. It is Thursday There's a lot of a you know, there's a little quite a few news You know, that's coming out. I think they're saying that Google workers are threatening to walk out. I mean that's gonna be an interesting one Looks like somebody's gonna get a wake-up call this morning GM announces buyout, you know buyout, so we saw that GM right here. It's got a nice little buyout But there's a lot going on and also I'm noticing a little uptick in in the in the pot stock So looks like we have any a nice little rally past three days And it looks like it's gonna spin off into today, which is pretty much which I expect to be normal That's what's gonna happen. But before we do that guys. Let's talk about yesterday I don't know about you but there was really one good runner that we had yesterday and that was the Jones J O and E So if you guys missed it, don't worry about this another one that will always be out there But that was a real nice winner for yesterday went from a let from 11 o'clock. I ran from 280 Oh wait a 440 you could see that right around 12 o'clock right there I made a nice little pop. Just kind of broke higher highs nice foul still flags everything boom Things just took right off and did amazing all the way to 440 now You get people always ask Well, why is it down to 240? Does it matter? Great traders never buy it at 2 a 60 and sell at 440 We buy it at 3 and we'll sell that 350 Maybe if you good, maybe four. It's all about the momentum. It's all about trading But overall that was really the big winner other than that. I thought was kind of I thought was kind of bad Hold on one second guys. Let me share it up with you in the meantime That's pretty much about it. I mean, I didn't really see that much out there and it's typical for a You know last day of the pay period and in October I told you that in the morning meeting yesterday You're not gonna see a lot of action, you know as much a lot of crazy volatility and with the Dow What it did yesterday was kind of pretty much flat I'm actually yeah, it should be coming up now. There you go Alright, so you could see it right here again. Just pointing it out bone from 280 all the way to 440. Okay now Regarding about what's gonna expect to going on to today before we go into the watch lists I want to kind of make a recommendation to all the traders. Okay now a Lot of you here have been here for a long long time and you know, I know I we you know We've changed so many lives, you know people's careers Everything and you know, there's so many people here. We have you know engineers. We have business owners grandmas grandpas You know pharmacists doctors, you know accountants I mean, I you know I could go down the list and a lot of you guys change your career Finally found that this is something you want to do but um, I have a little request for all my advanced traders I've been here for a while and You know that when you originally came to see to you, you know You didn't know if it was for you or not and then you will watch all the traders in the room And you were like, I don't think I could do that, you know, I don't think I could compete, you know these guys I don't know what they're saying. It's it's exciting But you know looks like it's out of my league and I told everybody this I said guys You will get there. I was there also don't let people don't let the traders Discard you in the room. They were you, you know, what you're what you're seeing today and And the whole goal is you know, we're not here to brag and I tell everybody that, you know Whenever people come here, we if you notice we don't tell people maybe once in a while We'll say how much we're up here and there But we don't sit there and brag that we're up X amount of dollars in every single trade Well, I do have one little request Okay, the request is this everybody here is Talking about how many points were up, right? And that's what we preach because we don't want to discourage new traders But I have a recommendation. I have a request for everyone. Can we just say a couple of the losers? I know we don't have a lot of them, but everybody thinks we just make money here. Okay, nobody talks about the losers so once in a while go out there and you know, just tell someone your entry and Tell them your losses. It's okay. It's okay to lose. You know what if we didn't lose we would never be winners Remember, I always preach losing is a good thing Because when you lose money Right, you don't want to do that again. So, you know, just a you know I never I always want to always tell everybody this that you know I always you know when you come to class and you take the class to see to you Remember, this is a trading room. It's not a teaching room. Okay so when it comes to trading, you know, I said, listen, you got to come to class and I need to teach you how to lose money. So you don't do it Thanks very karma just saying good for you foul. So that's real. You know what karma? That's one of why I love trading because you know Everybody thinks they can't do it because everybody's losing and and I don't want anybody to think that in the trading room that we don't lose We lose a lot. We win more than we lose But we do lose and you know, I know nobody likes to talk about the losses and whatever it is But you know many times I've been there in the trading room and you guys here in my class and I said, you know what? That was a pretty damn good loss. They're like, I never heard that before. Yeah, that was a really good loss You know why? Because that to under our loss could have been a 2,000 dollar loss So I think everyone here just you know needs to realize the new traders need to see and newcomers to say that Hey, we do lose money, but it's how it's that we can control it. All right So request before we go through the watch list Just I want to take a take a little quick time out and give everybody a reality check that we do lose and You know, we'll start going out there and posting some a little bit more losses Not loses just an expense an expensive education. That's what it really comes down to it's party of education to lose That's right Audio's in and out. I don't know. Is everybody hear me? Okay? Just want to make sure All right Okay, good. Thanks guys. All right, so now we got that that's the tip of the day and Let's have some fun with that now. Let's go out there and see what's moving this morning Okay, so there are a couple of stocks that hopefully we don't get suckered in to again, but tops You know is playing some games with us It's got a little nasty shakes here and there It's got you know, but the stock has been trickling up nice and slowly Something's going on with the stock stock was at a dollar. You could see it starting to be a little bit of foul still flag over here Big big big orders out here 10,000. We know the stock those trade a lot of shares But it is pretty it looks pretty interesting on the top. So Something's going on with the shipping stocks Neil. We're gonna get to that Fitbit to also Neil said he just made about eight cents on that one All right, let's give him a round of applause All right, good. All right, so we got the tops. We got the Vodafone Oops typed in the wrong window Vodafone also has been taking a huge major hit and looks like it's coming back today I don't know what's going on But I don't like when I see the spotting this like this But stock you could see here does trade a lot of shares look at that Takes a lot to move Vodafone, but you could see 14,000 9,000 So iceberg orders are gonna probably be kind of hard to see in Vodafone, but I haven't seen Vodafone trade in a while I've stayed away from it for a long time. You could see here from the chart and on the long term It's got a lot of gaps. It doesn't really move over the course of the day But you know what I want to keep an eye on it kind of made the watch list and sold to my big percentage gainers There so I want to keep an eye on it CME this stock got destroyed Okay, and you know what the writing was on the wall if you're a day trader you would have known to get out sooner You want to swing trade you wake up to a catastrophes that well That's what ends up happening if you don't know what's happening if you don't manage your your stocks good enough But this looks like a little maybe could be a buying opportunity stock You could see it starting to gap up a little bit even though it's down 72,000 shares There are really good orders out here on the matrix So we'll keep an eye on that CME the big winner that we got this morning. I did pretty well on this one already and Is the nfx? So Everybody here if you logged in around eight o'clock this morning everyone should have got in around the 22 50 to $23 price range now start it back off right now, but everyone should have got in if you were here around 830 Let me just fix this time frame here making me a little bit easier read Everyone should have been right around here stock took a humongous hit and you know now it could be basically a bottom fish so NFN FX You know I got out of it, you know and it backed off a little bit I kind of took my profit, but we'll see how it's gonna basically trade NFX NEC a are merging Fernando, right? So the when that happens, you know One's down one's usually up and that's what we're getting with the ECA the ECA trading 12 million shares right there. So Mergers are kind of hard to kind of figure out where the buyout is what people looking to do and everything and you know what We're not whatever the merger the merger or the buyout prices guys we here at CT we kind of really trade that because You know, we don't want to tie up our money and then find out and wait and get the buyout later So I'll be a little cautious on those two All right. So anyway, that's why we took the money and ran on that one FND is another one that made my watch list over here. This stock is up about 15% 80,000 86,000 shares traded was a 55 dollar stock got destroyed down all the way down to the 25s Scapping up a little bit. The only issue I have with this one Spread spread is really really big. So we want to be careful on that one Yeah, we're gonna check on that one Benito the TV a that was also on the watch list There were remember this morning's pre market watch list which we post every morning I post them around 8 o'clock this morning Some of them are still there some of them are not there and the TV a was one of them And it's moving nicely. Just be careful for some of you that are beginner traders I don't really recommend you trade it because the stock was pretty damn volatile And that's what you have to be concerned about and then the last one I know when Josh did the afternoon meeting he was talking about the the Fitbit and Fitbit had really good earnings yesterday gapped up and then really didn't go anywhere and Yeah, I always tell everybody listen you could always buy it back in the morning Okay, we go always buy it back in the morning. Don't worry about it So at 8 30 this morning you could have came in could have slept that night If you had a game plan, you liked it and you watched it yesterday going to the clothes Going to jump in exactly at the same price everybody here if you did like it you could have got in at 535 And right now you're up about 10 cents on a thousand shares a hundred bucks You know some of you be pretty damn happy with that working for 30 minutes. So anyway, that one looks pretty good also the the ACB is another one That is gapping up and you know what I had this one in the morning watch list We did really well on it stock took a big hit. It was good yesterday Had that little bit of a move. I'm just not too crazy about the pre-market going on right now That's the only concern. I really I'm not you know it backed off from 720 That's why I found it eight o'clock this morning and then obviously it backed off And that's why I kind of throw back on my watch list. I backed off on that one So that was my issue on that. So listen today is day one of the month Okay, so with that happens, you're not gonna get the craziest volatility going on But the market does look pretty strong. We're having really good three days I don't you know, I think people are gonna be a little cautious up until Election day. I told you I moved my last training lesson the final phase three lesson four to Wednesday morning for the purpose of we get this only every two years So we're gonna see how to react to it. So I saved that class for you guys I didn't do it yesterday afternoon. So we're gonna save it for that day So see how it works out but other than that everything looks pretty decent now Remember guys, remember what I said Let's tell everyone if we lost money, okay, because everybody thinks we only we only make money here at CTU and Let's just show them the losers and how few that we have and how we take them while they're good losses Because we didn't there would have been huge losses. Remember your best education is losing money because you know why you did it You're not gonna do it again. That's the key the winners take care of themselves It's the losers that we need to control. Alright guys, so let's go out there Let's and if you if we is anything else new out there, we'll go out there and share it And then remember if you are a new trader to the CTU trading room Remember you have full access to everything here at CTU. So please talk to your education advisor Let him explain to you what's going on. So you're not confused and see why and see why You want to be part of the CTU family. Good luck everyone. Happy trading. See you back at 2 30 for the afternoon