 Good morning cyber traders and welcome back today after Christmas. How's everybody doing good to see you all? Good morning Grant. Good morning, everybody. Wayne everybody. Lita. Good to see you. All right beautiful Neil everyone perfect All right guys Before we get started. Hopefully when I had a merry Christmas and enjoyed I'm still kind of a little exhausted had about 40 people at my house had to cook for So it was a really long day I don't think more just tonight just more just non-stop Cooking, but it was fun and you know comes once a year. We had a great time Hopefully everyone else had a good time on their end and looks like everyone is back You know, so now we need to know how we're gonna trade going to this market because we had a big big blood bath on Monday and Market being down like 600 points. I mean it has been nasty So we'll talk a little bit about that but first I like to kind of just make a quick little Shout out like to welcome all the Canadian everyone from Canada on Boxing Day Andrey just explained it to me what it was. I don't know what Boxing Day was I thought it was everyone's boxing fans. That's why in sports I didn't know is everyone had to box their clothes or their Christmas gifts or something like that But thanks for sharing that didn't know that was now they made it a national holiday and very interesting I guess it's like we have national holidays. It's national pizza day, you know We got a next we need to do is put on all our calendars. I'll be great. Wouldn't that work out? But I'll at least coming back That'll be great. I think I think I did see him fight once Ken What a go, you know, what a great fighter, but anyway Wish you guys all luck on Boxing Day in the meantime about what's going on Sorry, I got something stuck in my throat. What's going on this morning, you know markets up a little bit Listen regarding about what's happening in the market I'm taking I'm taking a little bit of a hit on my swing trades. Thank God we're all in cash as day traders I thought I bought them fished on a couple of stocks out there, but I'm not getting killed that bad And you know very very little But I think the market's gonna make is gonna be coming back Mike sounds a little bit weak Tom But um, hold on. Let me see I could fix that Testing all right probably sound a little bit better right now, but um Regarding about what the market listen Trading like back in 2008 when we had the crash 2008 that was very predictable You know, they were giving you mortgages to people that that really couldn't afford them If you if you want to learn more about it, they made a movie about it So, you know, the big short I always tell everyone greatest movie ever You got to watch it like two three times to really really get it because I kind of put a lot into one movie Well these metaphors that they use but a great great movie and you know, what's going on in this market? I'll be honest with you I really don't see You know having they just announced that we spent more money during the Christmas holidays in history We have basically great growth Blue collar workers are shortage. I mean, it's not like people are unemployed there Yeah, they're raising interest rates, you know, and I get it why they're raising interest rates is because they're trying to You know as a security blanket, you know, you have a good market. You got to raise it Maybe they raise them a little too fast and too much too quickly, which I probably would agree But other than that, I mean listen, there's gonna be some great buying opportunities. So don't panic Regarding about the market. Yeah, granted. We gave back about two two years of of a jump But you know, but on that Dow, you know, listen You wish you could have bought them two years ago. Well, now here's your opportunity. So just sit back and just wait Yeah, they are killing you know the the market, you know, listen, everybody's trying to say it could be the tariffs could be this could be that It's the it's the you know, the market being shut down But the market will come back. It will come back. It's just trying to you know, get that bottom But for me personally been doing this for 25 years. I don't see anything that is really making it that More of a catastrophe as a crash like people like at dinner. Everyone's asking me at work at dinner I'm sorry yesterday The same thousand we're going to a recession. I'll be honest. I'm not an analyst But I mean I don't see anything that's pointing to it, you know, so keep an eye on that Now regarding about what's trading this morning, listen, you know the day after Christmas and I told you this Going back into the summertime and I keep reminding you every single morning we have finally here and What do I mean by that is that this is the slowest time of the year All right the I mean, it's so hard to predict as much as I say historically it is it hasn't been that it hasn't been that Quiet regarding about what happened on Monday and the day before that I mean, we had the biggest correction in one month in history worst market movement in In Christmas Christmas history, so I mean in the markets up a little bit You could see a lot of people are took off which is okay You know listen the big thing about taking off is I just want to tell everybody to tell everyone this I know we have with all this technology just being cash If you're gonna go on vacation whatever just make sure you in cash You know if you unless you could be focused and be there, you know If you were running around shopping on on Monday, and then you know and all of a sudden you get back and like oh Mark was not that bad. It's not a hundred points and then all of a sudden you down 600 You know, it's like what the hell happened just go enjoy the red enjoy your week and go from there But regarding about going on for the next week until January 1st I mean probably until January 3rd because the market probably is gonna be shut down until then You know today's more of a nickels and dimes day Don't hold over nights if you see something you really really really really liked that you wanted to buy And now it's coming to levels that now you could afford, you know, and you feeling confident in the market then then do it But um, but don't be don't be scared you got a trade and listen if you got to a point where you lost more than you expected Then get out you just buy it back cheaper. That's the way it goes now regarding about this morning What's moving? You know, there were a couple of stocks that I did find like the s the SFET You don't bring that up out of all the stocks I probably thought that one was pretty the most interesting stock that had some good move I mean stock took a big hit long-term and it's only one. It's got a nice little falstil flag right here. You could see Just broke a little higher high pretty much the only one. I'm kind of a little bit more Comfortable with it. I know a bunch of us were watching and Ken actually was in this morning in this MRI in and You know, I wasn't completely sold on it. You know, it did make a nice move around the eight o'clock Let me fix this time frame over here The woman a chart so we had a nice little move right here Then it kind of hit a little of a brick wall that just backed off right here That's a pretty damn big back off stock had a nice little rally. You could see here, but um, you know overall You know getting a little bit of a bottom fish. What's happening? Listen the stock was always down to two So MRN was a great mover for us, but be very careful of that You know, I hate chasing stocks after these big runs Roku That one's making a pretty decent move a little bit more of a brand-name stock But the stock does move doesn't have the biggest iceberg orders if you look it over there on the matrix What's going on? But it looks you know, listen, it's got a little bit of a push There's a couple of good good ones out there and then the the CHK Now CHK this one here has got a little bit of a nicer moves got a little bit of a trend It's a cheap stock level one stock everyone could trade it if you're an advanced stock the good thing about this one You could trade thousands of shares of it You could trade 5,000 10,000 and you know, you can get in and out of it Just look at the the matrix over there on the right You can see you got a lot iceberg orders on all these cns now. That's pretty much all I found I mean when you look over here On the big active gainers and losers. I mean you got the ETFs. I don't need to go through those I know some of us were looking at the MB EV That one's starting to make a little bit of move. I'll put that one on the watch list. I wasn't too impressed about it But now looking at it looks like she's starting to make a little bit of a move But all the TS are doing pretty well All right guys anything I'm missing They did not call out Grants is what about the J nut J and UG get a little faster flag on that It's kind of flat, you know like right here you could see it right there. I don't know don't really See as much of a flag on that one grant Kind of flat All right All right guys so well listen It's a very light day the markets up a little bit I'm not completely sold on going swing until we get like three four five three to four positive days But when you're dealing with a market like what's happening right now in the middle of the year a lot of people don't like to Be getting to any positions probably till January. So just kind of deal with the Nichols and dimes, you know being here, but it's a great time to learn. It's a great time to see what it's like On a day on these type of markets and hell we never know, you know, we never know what could happen No one predicted that we wouldn't have this big of a correction in December. This is the first time in history So you learn something new just but I could tell you this learning is what makes you a better trader and It's very rare to be in opportunities like we're in like what happened these past couple of weeks So just look listen and learn Be prepared But there could be some great opportunities out there for a lot of us to make some big money out there So just be very patient. All right. We just need consistency of trend. All right guys. So with that said Josh is gonna be off today Eric will be working the room including myself and some of the other staff So listen, it's the time of to sit back and enjoy and wait for the new year. So don't get too crazy. All right guys Good luck today. Happy trading