 Good morning, cyber traders welcome to this lovely last day of the pay period on Friday, May 31st has everybody doing Hopefully one's all excited. I know I am for a beautiful day here in New York Good to see you too. Phil mark David Brian. Good to see you Chuck all you lovely cyber traders All right. Well, it was so far. We're having a pretty fun morning already on Early bird gets to gets the money doing really well on the s-spot. We called it out earlier We were here, you know, what time did we start on? I don't know why my level two is not updating on this platform But but we called it out. You know, we were here at what eight o'clock this morning and buck 60. It's already at 270 Just told you a little bit earlier. I see a huge order sitting out there. He's been out there since I don't know Just looking over here On my execution system looking on my level four Big orders been sitting out there since 212. So it was almost like Kind of like easy pickings right there. I mean once it busted through to you could see there's a lot of Resistance levels right now. So that's probably why it's not really breaking a any more of a new high right here But a stock was definitely definitely a great great mover right there. It was a lot of fun right there so we're gonna check that stock out a little bit and We'll talk a little bit about it. But what is the big news for today? Let's talk about it You got the tariffs present Trump just came out with tariffs on on Mexico because they have this big war on the on the border of illegal Aliens coming across and stuff like that. He's trying to stop that and Obviously, he's not getting help with Congress. So what does he do? He's gonna take another avenue now once again This is great news for traders Okay, and people like what wait wait time out markets down. What are you talking about great? This is great news for traders. Look what happened back in the Christmas crash, right? We made a killing on the Christmas crash and you know everyone at listen Don't look at politics on the side for Then to close down the government look what happened a market crashed Then all of a sudden it didn't work out got egg on his face. Boom He opened up the he funded it and the market took off That was a great opportunity to get to to get out of stocks and go short and then buy stocks cheaper Which you always could have and could have jumped in that was a great Christmas present Secondly, you saw what happened with China. Okay, Tara's kicked in Market starting to take a big hit right now. Did you not learn from the first time? Did you not learn the second time? Now you're talking the third time, okay? So now he's running terrace on now on now, what should we call on Mexico now? Listen, I know they're great, you know Ally of United States a great friend of the United States, but on and you know If you agree with it or don't agree with it as a trader This is great news for you because we're shorting everything across the board If you look at some of the stocks that are getting crushed right now You look at all the all the car stocks. You got on fiat You know these go fiat's taking a little a nice little hit down here down five everything about five percent Ford Another one taking a nice little hit right here. Where's it down now? They're not terrible. I mean three five percent GM You know all the car stocks taking big hits so that 35 to 33 they're coming back a little bit Markets pretty much kind of hovering right here, but the good thing is this if If if Mexico doesn't do anything about it This is even you should be drooling in your mouth as a trader because the market should probably go lower just by seeing the 5% because apparently every month If they want to they are going to raise the tariffs by 5% by October Which I always love October because we always get a beautiful October crash We could be talking 25% tariffs on our number one trading partner and that could really really crush the market So this could be a great great short now if you eliminate the tariffs this could rally the market You should have learned and the same thing if China can come over to deal the United States You could be a huge rally in the market But as of right now everything looks like a great short and I know it's not the American dream to short But you know what what it is what it is You know what if it if it's if it's a catastrophe would happen in 9-11 and the market closed down or if it was You know a pharmaceutical drug got the cure for cancer You know whatever it may be if it's Boeing, you know that planes are crashing whatever it is There's always opportunities out there. You're a trader. You're doing this for the rest of your life Okay, remember what I always taught you and we talked about this in my class Do not because I got fired a lot of people in my trading business when I worked as a market maker I got fired because it's when you start taking your personal feelings Towards a company. That's when you're gonna lose it doesn't matter what you think just go with the market Trade with the market. We are just the ants on the floor just trying to get the crumbs Okay, so don't try to outsmart the market. It will beat you every single time always keep that in mind So we got a lot of fun going on now regarding about yesterday there were a couple of nice little stocks that did make some nice moves and Sure enough a lot of those day trades, you know Some of them kind of spilled into being a little bit of a short-term swing trade But let's talk about the OB LN trade that one Was a fun stock for us a 50 cent stock went to $2 Let me just change my time frame here so you can see what's going on stock had a great open it opened up again nicely I guess the rumor is we would keep talking about it. I don't know if it's true or not But Johnson Johnson is gonna buy $8. I don't really the story is but if it did obviously, you know buying rumors sell on news That one did pretty well and then the EL the I don't know what the story with this EL TK But this thing is just like everywhere. It's up. It's down. I mean $2 stock it went to like 12 I mean, it's just basically everywhere the problem with this stock EL TK It is so damn volatile So while you got to be really really advanced to trade this stock and we did this yesterday You just trade little shares don't trade a lot of it. So that's basically what's going on Now we got a lot of stuff that's going on this morning. First of all, let's get back if you logged in late This stock right here has been the best pre-market trading the S-Bot this one up about 73% in pre-market If you got here at 8 o'clock this morning Let me just change the time frame over here because we only to see this far If you got in here at 8 o'clock this morning, everyone should be in at $1.80 You could have trade several thousand shares of the stock stocks got great orders everywhere stocks doing pretty well like I told you I told you earlier since 9 o'clock this morning. I mean actually since 845 I see a lot of orders out there around to 10 to 2 to 12 it's got to get it all the way to 215 I mean big big block orders big iceberg orders out there So it's been basically hovering and sitting there in the time being we got the EL TK going back on our watch list again That's obviously making some moves this morning again. Be just be careful. That stock is pretty volatile. I OVA Another one that came up on my radar and a nice little gap up right here Stock is up about 6% 100,000 shares that one's doing pretty well. We'll keep an eye on that in pre-market Let me tell you a big list for a Monday. I mean for a Friday. I Mean, I don't know if this really has I mean other than some of the pharmaceuticals Car stocks because of the tariffs here's stock taking a really nice hit Looks a hell of a lot lower breaking all-time lows the stock NT and K guys remember we talked about with last the last couple days We saw what happened with With Canadian with Canadian Was it a goose, you know Was it GOOS and bring that up right there So, you know Canadian goose Stock took a huge hit came back a little bit and You know what you get dead cap bounces, but you know it bounced yesterday, but it had a really nice short It was breaking lower lows When it opened up was at 42 it dropped away to 36 So don't be afraid to short everyone which by the way Josh just came up to me and told me earlier that Regarding about the uber trade uber shockingly is on the short list now So I don't know if I would seriously want a short uber and not get my personal feelings of all with that But it did come out with earnings. They said it was a little better than expected Meaning they they know they were gonna lose money. They did what they said it wasn't as terrible as they thought now They're reporting. Let's see where it goes from there So I'm gonna keep an eye on that as a swing trade GPS and that's not the thing that's in your car that is gap gap is also taking a very big hit I don't know. You know what I used to shop at gap and back in the 90s I don't even know really goes there as much as it used to but gap has been taking a really big hit here down to 17 You know, I think that you know, like I said, I know they have some expensive stores, but Not really doing too well gap another one's taking a big hit right here is STZ $180 stock down to 73. This was a $210 stock guys You want to go out there and spend you want to go out there? You want to trade expensive stocks go knock yourself out to see how it's working out for you We're not gonna trade the stock. I'm just bringing it up to show you what happens when you trade in the spent expensive stock because these things listen What was it? What was the one stock that we traded a long time ago? It was a 250 out 270 it went all the way down to $9 in in one year. Everybody remember was like VTS I think it was I know they changed the symbol, you know people think like these things don't take a hit But it was like V of I don't know if you guys remember it. We changed so many damn socks I don't even remember all of them VRX. That's was it. They change they change the symbol, right? VRX Think they changed the stock symbol. I thought they did. It's not even coming up. They changed it but It's BHC now I guess it was so embarrassed on The stock symbol, but you know what look let me go back a month. There it is right there one year 2015 everybody remember that, you know, we don't say it about this stock the BHC I had a I had an old fellow that wanted to be a student of Cybertrain University and You know the stock you could see it went from like 20 all the way to 270 and it came right back down And I feel bad for I had this old fellow that you know retired guy, you know I Just got just got retired wanted to start trading He loved found found us on YouTube got completely sold on Cybertrain program But he couldn't take the class because he was so locked up in this one stock. He says fast Oh, I love you to death. You guys are great your program. He says unfortunately. I got a stockbroker I owned the stock at one, you know, you know was I know it's 260 I bought at 160 my broker told me was a great trade and when I spoke to him was that like 140 So I gotta make my money back. I pretty much got everything in this stock I really don't even have money to take training or I can't even do your program because I'm in the stock so heavily You know from day one when you're a student, that's the first thing we teach you not to do Okay, we all know what happens when you put all your eggs in one basket. You want to go all in Yeah, that's not really gonna work out too well for you and unfortunately I felt really bad for him. But you know, you can see where in the stock ended up after a couple of months later Poor guy lost everything everything, you know, he works so damn hard his for the past 30 40 years Okay, saved all this money and he got some schmuck that made him buy this stock, you know Just so he can make extra money on commission made him average down blew up everything, you know Like I said, we've seen it. We've seen it and Ron, you know, hey, how about my Canadian friends out there? Nortel how about Nortel, you know, I mean like it's just terrible It's just said, you know, and that's the beauty about and that's why like I like you saw me yesterday talking about You know, I did the free when I did the we do open house and I stress it You so many people were there and we got a lot of people that that that signed up yesterday to go to do to join Cybertry University and you know what sometimes you hit a nerve But you know, I say this all the time, you know, and somebody was mentioning it to me yesterday I want to go on a rant about this because I know we got get ready to the market one felt once once somebody says if I said you lose some weight and I says, yeah, actually, you know what I actually did And I said, well, how'd you do it? I did it like I did it the smart way. I hired somebody Okay, it's enough to enough to actually go out there and try to be cheap and take every single diet out there You know when you start paying somebody to train you and put you on a diet Now you feel you have an obligation to make it work because now you got somebody else that's it's involved in your life And if you don't hear he's gonna tell you things you're not gonna want to hear and you know what it's actually it's the first time I would say it's working, you know, so I want to see my kids when I get older I saw my grandfather. I saw my my father-in-law in Florida I told you guys I went to Florida took my family at Universal and I had to get my father-in-law a scooter and I says, you know what I'm not gonna be that guy I'm not gonna be that guy and he's actually my inspiration when I just run on my treadmill I use that photo, you know, because it was most inconvenience, you know thing ever happened sad But you know what say no different than trading. That's the way I look at it. No more pasta I had actually I had I had raviolis last night. You can do that. You know listen as long as your body moving You're fine. So anyway, stay going on a rant talking about me a couple of the stocks We're gonna talk about so we got the STZ. We got that we got the stock. We got the We got all the car stocks that are on that due to the tariffs for GM you know and Fiat because they all do a lot of work up in between the Canadian everything else. All right All right guys. So listen. Good luck today Beautiful day here in New York like I told you I mean it's gorgeous But I don't think anyone's gonna be leaving any time soon to go out into Hamptons enjoy their summer home You know summer started last week with Memorial Day, but but I think it's gonna be a very volatile market markets down We've got the tariffs great news for all of us. So let's go out there and Profit from it, you know, whatever it is what it is But but once again good news a spot just busted through that resistance levels that seller That I saw about 30 40,000 shares got executed. So it looks like a spot you guys are cleaning up That was a great trade. So hopefully you guys that's caring up. I see the next resistance right around 262 25 so we're almost there right now about 225 is the next biggest seller All right guys. Listen. Good luck. See you back at 2 30 for the afternoon meeting if I don't see enjoy your weekend See you back on Monday, right? Go out there and spend some money. Enjoy the rest of your weekend Enjoy the end of the month. Good luck everyone. Happy trading