 Good morning cyber traders. Oh my god What's there has everybody doing this morning, huh? Another another day at night another day in trading, huh? Good to see everybody. Good morning everyone Jesus my god. It's getting worse and worse and worse. I'll tell ya You know I Gotta tell you I gotta be honest with you When you've been around as long as I have over 25 years doing this and you've been through the 9-11, you know with the Twin Towers coming down you've been through You know Hurricane Sandy you've been through the financial crisis you've been through the internet bubble There's a very very Big big part of like where things get very depressing, you know really gets very depressing and then and then there's the opposite effect It's like where can I find more money? Where how much cash do I have on hand? What? Am I looking to buy? You know because we will come at us We will come out of it. Yes, whole coronavirus thing is like it just the like listen the markets halted and You know, I Hate repeating myself, but I felt like I said I told you so that that nothing is gonna bring this market down Unless there's a catastrophe and let me tell you we damn got it This is like I hate to say but it's like, you know be careful what you wish for because it really did happen and It is just getting Decimated my god things are just getting crushed You heard about carnival cruise lines. I halted for two for two months now Viking cruise line also just announced it I booked I canceled my trip. I mean, I thought I had a good deal yesterday with Delta I'm like, you know what? I called them up to get on the phone. It was a six hour wait NBA canceled. I mean 30 days, you know halt and You know if to go to Europe, you know President Trump just made that announcement I mean, it's really really bad, you know And you know, it's funny like When I was telling you guys like people talking to the side of the mouth, you know, I'm like, oh, no, everything's fine Everything's fine, but like they don't want to cause cause this mess hysteria. That's basically what it was So you had the read between the lines. So yesterday, you know, I had Ferrari I had Delta. I had I had it for about I went along all these positions I had CSQ. I had what else did I buy? I bought a bunch of other stocks. I bought uh, I Bought what else did I get? I bought this gosh trade that I'm actually getting hit on right now I was thought I was gonna kill it yesterday and then this news came out So I was making a killing yesterday now. I'm like, I'm losing, you know, 10 cent. I'm losing 10 cents on it What else did I buy? I bought I bought Apple And I bought Snapchat. So anyway, I sold everything I sold everything yesterday when the market was back down about thousand and I'm like and I was so ticked off of myself I'm like, I felt like I got you know, like I thought that was the bottom. I thought this was it. It says, you know what? enough's enough smartest decision I've ever made smartest decision I made by getting out of the Out of it very to my trump kick cold corn vice to a 19 and Dems called a hoax William. You know what I I just hope I just I hope things get a little bit better no politics, please All right, because it's a little more serious than what it really is I just hope that everyone could get get along together and get that act together because this is this is ridiculous now And it's starting to get really that's starting to get real. So anyway, um, I don't know if we're really out of it for a while I mean all our schools got closed here on Long Island. I don't know where you are, but they're closing them one by one I think about 20% of the schools are closed and It's weird because they said if one person has it 10 people get it and 10 people get a hundred people gonna get it and Hundred people get a thousand people gonna get it, you know, so it's a really trickle down So it's just a matter of time when they're probably gonna start quarantine everybody like what happened in Italy And I could see it happening. So anyway regarding about trading. Let's get to the point All right, I'm not looking to run a talk show here, but I'm telling you I am literally I Was talking to my wife this morning I've dropped my kids off at school and we talked about it and I says my god There's gonna be some of the greatest opportunities to make so much money in the market We're gonna get through this at the end of the day. Listen, the whole world's not gonna die. All right But I'll tell you one of the things you want to be focused on and I've been watching every TV show Every every financial station I was up till 2 o'clock in the morning and I'm exhausted Yeah, I really am I don't know if you can see if you guys can't watch the video, but I'm literally exhausted You know when it you know when it's gonna be time to buy watch and listen When you're gonna see buybacks watch and learn And get ready to buy because companies are gonna be are in cash. The economy is doing great Okay, we until this damn catastrophe happening. You're gonna see the bet the best way You got to look at what to buy look at buybacks buybacks of what you want to focus on if Because they have a lot of cash on hand Instead of go buying a building they'll buy their stock for 80% off Why would you not do that and this is how I'll explain it to you It's the easiest way to explain it to you decide you guys got to look at it If your house is worth a million dollars Okay, a million dollars issues that number can you imagine why some of you like wow my house is worth more math I'm not worth that much. Listen. You had a million dollar house And you wake up two days later Let's say 30 days later, and it's worth 200,000 Okay, would you buy back your house or would you sell it at 200? What would you do? Is 200 a deal or would you buy your bad house back for for for 200? It's the dumbest question and the stupidest answer You will buy ten of your houses for that price because you know what it's worth You're not going anywhere. You get you happy where you are You know you know what it's worth and you know what if you could buy that house again Why would you not it's exactly what's gonna happen to the stock market? So what I'm telling you right now listen and watch for buybacks. All right now What happened yesterday? listen We were trading in the aft hours We were trading it. We did a clash yesterday, and we made we made a lot of money yesterday Trading we had a good little bounce. We traded Delta. We trade everything But listen, this is why you got to be a good day trader because if you held those positions you would have got crushed So anyway those stocks literally were down. We bought them. We trade them. We did really well yesterday You can see a lot of you guys were trading this one I mean I was just talking to Josh. We were talking about his favorite stock in the world. This is you as steel My god, look, I can't believe it's at $6. This is like this is like horrible But there are some really really good buys out there on I mean how much lower could it go? Zero. I mean we only it's the only like $5 away, but so many of them out there. I mean just look at like NC LH my god, thank god, you know what I had this stock yesterday. We were trading it yesterday We got we got out of it. Thank God, you know, we we lost a tiny bit I was doing a lesson on showing how stock was making a low or low and And look where it is. So we had that one Royal Caribbean I sold that stock yesterday at I sold it yesterday at like When I sell it. Yeah, I got out at 46 I Sold at 40. Yeah, I sold that 46. I had it at 48. Jesus. Thank God 33 I'm telling you there's gonna be some crazy crazy crazy buys guys. All right, so Anybody heard of APT? Anybody know what this stock does? APT All right Some of you do some of you don't okay, so let me tell you about APT I would keep a very close eye on this stock because APT Makes respirators. Okay, so I don't know if you guys know anybody in the medical industry I know we have some doctors here, but apparently the hospital My sister a little works at a hospital here on Long Island and she said they have only 15 respirators That that I made by APT 15 that means that they can only take care of 15 people Could you imagine if there's a huge catastrophe? That's one of reasons why APT took off. So They are the ones that are known to make the respirators. These are the things that help clean out your lungs big big Respirators like 10 years old. This is a very very I mean things are trickled down to all these stocks. So I would keep an eye on that one That one's moving pretty well. What else that I had had a bunch of other ones to APT I'll keep an eye on that P. Oh a I Is another one that's gapped up about 58% another cheap little stock. We trade this one not too long ago This one's moving pretty well C E M. I Another one right here popped came back down. I know We all know that one very well that one's moving pretty nicely So, uh, but extremely volatile and then obviously you got all these ETFs I mean they're just all just take a look at the stock. This one's up $300 It was less than $30 just the other day think it swung literally a hundred points Yesterday a hundred points, you know, this feels I feel like I'm watching Tesla over again So, I mean the list is on and on and on this is what I recommend you guys to do the markets halted And it's gonna probably be halting again, which is, you know, historic Uh, but I would be really really careful what you're trading. Okay This is I never you know, I was actually talking to trade station yesterday and they said they are making They are having a record record Um You know of trading going on the most they ever had I mean they're probably in history and I'm telling you right now That's one stocks I would keep an eye on Keep an eye on all the brokerage stocks because people are trading like crazy right now So, how did they make money trading? So keep an eye on If there's one so some of the stocks you want to keep on like Schwab, you know TD Ameritrade E trade all these stocks keep an eye on on the on the brokerage stocks because You know online brokers are actually getting hammered right now with crazy Ticket charges people are trading like crazy. So obviously there's a lot of payment for order flow going on I would keep an eye on that lot of Except Robin Hood. Yeah, are they are they open? I don't even know. I don't even trade them. I know they shut them down Uh, I don't I mean they got shut down. They were crashing But um, but any of those stocks are going to do pretty well when it comes out of it But I would just say this I've been through this back in, you know, my last time I was in this was the financial crisis I just seen things get just get hammered. I seen city bank go from 33 dollars down to a dollar So, uh, I don't think this is as bad as the financial crisis Because that is a financial crisis This is more of just a damn stupid little virus and we're gonna get through it when it gets done You know, we're gonna, you know, we're all gonna be here We're all gonna spend money and we're all gonna have jobs and we're all gonna do fine So just be just make sure you guys are in cash. All right Your markets halted right now to see how much the load's gonna drop pipes can drop about 2000 points again. All right, everyone any questions crazy day absolutely I don't like having meetings like this, but I gotta look at the guy look at the bright side Don't trade too much trade too long and trade and trade too big jerry. You know what very well said jerry Very very well said. You know what? We did the advanced class. We did phase three And realistically we were sitting on our hands most of the time because you really can't do anything You got to sit back and just watch. All right guys, good luck If we see something just be very careful. This is my goal. My recommendation. Just scalp trade scalp scalp scalp Do not hold positions overnight You're gonna have great opportunities to buy support boom sell it resistance buy support boom sell it resistance I never I haven't trade this amount of this amount of trading in about I don't know probably like 10 years. I did more tickets In in in the past two weeks that I probably did in three four months. All right. I'm talking like You know hundreds, okay trades I've done and not even like thousands tens of thousands of shares I'm getting into positions. So I've done very well. I'm doing really really well But the thing is you got to scout do not think you found the bottom yet because we don't know where it is yet But we will all right. Good luck everyone happy trading and uh, we'll see you We'll start commentating in about 10 minutes when the market opens up and don't forget today Today we got a big event today. I know you guys don't want to miss this. We got open house so uh You know every thursday, we're gonna talk about the market We're gonna try to we have a bunch of people coming in to do an open house Come out there. Obviously, we'll talk a lot about it. So you don't want to miss that too. All right. Good luck everyone happy trading