 All right, welcome back cyber traders. Happy Friday everybody. Everybody all excited for a new weekend First first weekend in December. Good to see you Raymond. Good to see you Michael. Welcome back everybody on YouTube Facebook Alright good good good. Hopefully everybody Everybody enjoying the new platform. Hopefully everybody's joining the new alert service Hope you watch that little demonstration we had on a video regarding about how to use it the new features on it I know Greg did a really good job doing it It's a very very big overtaking. I don't if you guys notice but in the past year We've made some huge huge changes here at Cybertrain University to make your life easier. We had a new A a new portal page on our website. You saw how nice and designed it is made things easier You see the videos coming up I know we got a lot of new testimonials that came up from onsite So hopefully you guys taking the time remember the big thing is you have to learn before you could earn And that's what trading is all about but but let's talk about what happened yesterday and what's going on for today You see the job reports did come in Market reacted a little bit nothing crazy. I mean it was up, you know about 90 points right now We got a little bit of a little bit of a bounce yesterday After having that huge catastrophe on Wednesday Mark went from 35 35,000 all the way down to 34 Almost like a thousand points made a little bit of a comeback not huge But like I told you this was a very big big support level if you look over there since April It was been it's a really big support, but um You know it has to hold here and it looks like it held it a little bit It came back a little bit, but I'm telling very very skeptical to do any big swing trades You know yesterday I did an event about how to trade inflation and just want to do a recap on it and tell you guys a Little bit about it, but the way you treat I mean listen You know everybody has their political beliefs everybody has their thoughts on you know salaries inflation China virus all this The big thing you have to remember as a trader if you want to succeed and you want to do this for a long time You can't take things personally. You have to learn how to capitalize on it. Okay, and you know when when when when things You know like like I was talking yesterday about the father of the banking stocks You know when we bailed out the banks, you know during the financial crisis people looked at it like you know Why we bailed out these these big shots they screwed us and you know what's so funny they not only did they They screwed us then they screwed us even more when we did a bail them out and where they at right now The stocks are doing incredible. You know listen we had that we had no choice You had to save our banking industry when you when you start listening and realize what these banks how powerful they are And how much they could destroy the economy? I mean, I'm just gonna give you one little one little thing Which is which blow my mind Do you know they lend out? I think it was like five or ten times more money than they actually keep in the bank If everybody went out there and took their money out of the bank. They don't have it. They don't have it Crippled the banks. I mean literally For every dollar that you put in the bank. They lend out 10 So and everyone's ought to freak it out like I'm gonna get my money out listen They and then with the SIPC, you know, some people have a million dollars in the bank or whatever You only insured for a hundred thousand. So like where's my other nine hundred? Let me go take it out So you could see how it happened and yet it's had no choice But at the end of the day Like them or not. It was a great opportunity to make a lot of money I remember trading Citibank at a dollar and a penny. It was the worst trade I ever made because I got I got so scared They got greedy. I sold out a dollar fifty. I made fifty percent of my money, but you see where it is today So the bad thing about day trading is it makes you too conservative But I don't think that is a really a terrible thing But but it helped you become a very good long-term trader and you could see it's happening right now with this whole new virus that came out and some of the you know some of the Vaccine stocks are doing pretty decent. So listen, you got to pay attention, you know, and you know I just want to just bring it up and just say it one more time You might you probably don't want to hear the noise anymore. I have students out there to tell me I don't watch TV. I don't like it. You know what? But then when something happens like well listen, you better watch because you got to be prepared and when you're in this business You got to know how to capitalize on it because that's why we added the alert service if something's going on You're not but I know if you're not in the trading room at least you can be aware of something goes up so anyway, I just want to cover that really quick and And and let's just talk about what's happening for today. So we got a couple of stocks Why do I keep on spelling this wrong? AR DX, okay so we had a couple of stocks that did move pretty decent yesterday and We had we had this one right here the AR DX was a really nice move from the all day You can see this stock was right around a dollar. It basically ran to two dollars about up about a hundred percent It went up really nice all day. It was you know, when you look at the spread And the movement it was you know, it looks a lot nicer if you held it over the course of the day But it was a it was like pulling teeth though Was it really moving as quickly as some of us will like as a day trader? Sometimes we get a little impatient, but you know, it was if it was it was a buying hold for the day It was a good swing day trade on that aspect those stock that took a got a huge got crushed You could see CF VI the stock got gapped up and came right back down That stock obviously was another one that we watched a PP si that was pretty good too right around 1030 The things started running from 670 to 870 the stock We've been trading extremely volatile stock in the past month of November went to 6 month at 13 12 went back Down the six went back up to 13. I mean this thing was just all over the place fun stock We did we know that that stock obviously did pretty well with that and then the BFRI that also quick pop righty open You could see how it just ran from four dollars and you could see right here It just ran literally up to about 650 nice little mover not as super crazy day, but it was okay now today Honestly, I said this yesterday, but today is not as good as yesterday. It means Friday I don't like to get crazy. There's literally only one stock that I found that I really liked out of remole And you know, I mentioned this earlier, but it's the CYAD Where was my my chat I put a chat in and I first I said you could see it right here. I posted this in the chat room oops and I put it in the cyber in YouTube, so I posted this in the room that was right around 8.52 and I said, you know, you could see it right there at 8.52 I said that the stock had a little bit of a pop nothing great and I also mentioned that Would I say what time was it? Okay here, right so right around here just post this link right here and right around this time I said Earlier at 8.43 you could see here. I said the stock Basically started build a falstow flag. So when I when I saw that right around here, that was right around here So let me blow this up so you guys can see what's going on. So right around here That's where I saw a little falstow flag going on and you can see it right now It's really starting to pick up momentum I'm gonna bring up level four right here and you can see also what's going on here But this stock started building a ladder effect right around here So when I found it and I saw looking at it says, you know what falstow flag ladder effect Iceberg order. There was a big iceberg order right here about $5 Looks like you got execute. You could see it there was about 13,000 shares Remember I keep telling you and this is one thing that we're very known for follow the damn money. Okay, you know Remember you don't you didn't trade 13,000 shares someone else's so you got to see if those orders get filled So the stock is pretty much doing pretty decent, you know Only issue I have right now is that it's probably not going to go higher Up until I mean the most we could squeak out is probably maybe 525 you got you got major support levels back in May, June You got some resistance levels here in October and when I looked over here long term I mean the only thing is I don't see any big sellers out there on level four and level three, but you know right around that resistance but 5 525 I think you maxed out. So I knew that was pretty good for you know, how much of a move right there in pre-market You know 50 cents 40 cents. That's not bad thousand shares You know less than a little bit more than $4,000 investment, you know, not bad for a day's pay So there were a couple of stocks also that I did find Tomz is one of them. I thought the stock was gonna look pretty good It's been a bit on a little bit of a nice little trend, but she started backing off stock was at a dollar broke up Over to 250 she's starting to trend down right now. I'm seeing a lot of orders coming out So this stock is probably gonna go on the B list and I mean, I'm really stretching it The doc you saw ain't got hammered hammered stock was at 300. It's at a buck 50 down 50 percent It's down seventy seven dollars. Okay, so why would a stock go down so much? Very simple Look what happened yesterday. Okay, what time was this right around here? Yeah, there you go six. That's about four o'clock earnings came out could tell you right away Earnings always come out after hours stock didn't do too well not looking too good for doc you sign. Okay So great company we use it but obviously not doing too well anyway, that's stocks game There's a lot of them getting crushed This one right here ASAN another stock 140 down to 73 another one that's down 50 50% Oh Li another one getting crushed 70 dollar stock down to 50, you know I don't know if these stocks gonna make some nice little bounces But when you look at these things they really really getting hammered, but it's Friday It's Friday and when when Friday comes around, we know Tuesdays and Wednesdays and Thursdays are the best days to trade Unfortunately this week. It was the first day the last day in the first day to pay period So we're probably I'm not gonna get some good momentum till tomorrow next week So don't get too crazy today, and then you know what that's not a bad thing. That's not a bad thing Now on there was all the stocks. I know we did some swing trades, you know, just keep an eye on this CHGG You know, it's a very difficult stock to day trade. Okay, but the stock has been on a big big up trend The stock took a big hit. There's a we're gonna we're testing some resistance levels right here This is like a stock. You have to set it and forget it But if it does break this stock, it could make a nice little push a little bit higher But it's been on a you know every day. It's been going up I lost money on the stock day trading and But because it's got these nasty shakes and I'll show you what I'm talking about But if it was done on a swing trade, which you know, which I'm looking at you could see it right here The thing just literally right a gate ran from like 27 up to 29 and boom It just came right back down to 27 not really the nicest thing to trade and you can see it very very volatile Look at these candlesticks in one minute this thing went from 28 35 literally dropped about 40 cents. That's a lot That's a lot. So pretty damn volatile stock. All right, so very difficult stock to day trade So, but if it does break this it could be maybe be a nice little nice little swing trade Ron says Ford near 52 we Kai Ford's doing great, you know Ford up. We're gonna throw Ford on that watch list. Absolutely. Good call. Wow Ford Ford come out with some news absolutely Ford did something right there a nice little pop right there. Definitely come up to that 52 a Kai. I Know Bill Ireland's loving that loving that loving that Ford aren't you? All right So guys, let's get ready for the market to open up If you see something say something if you're watching you to Facebook live We'll be back here at 230 if you want to join our trading room Just like us and friend us. You can only do a trial for $9 try styles for a week. You're not happy We'll just give you money back. All right, but it's always nice to see what would it's like to be in a real professional trading room Good luck everyone. Happy trading and we'll start commentary once the market opens up