 Good morning cyber traders How's everybody doing on this lovely Thursday? Good to see you all. All right. Good. Good Beautiful good to see it Donna Jeff Nancy everybody Well, what a great shake-up yesterday in the market on the Dow Jones. Holy cow dropping 600 points incredible Don't we like listen? October October crash is I tell you listen. I'm telling you I'm glad that I got out I'm glad I got out of this a lot of some of my swing trades I only only stocked I'm holding right now is I got that CSQ that kind of take a little bit of a hit But I'm still doing great on the on the 8% but not really. I'm kind of kind of flat on the The value of the stock, but I'm doing great on the paying the interest that it's paying So that's the beauty about it But other than that, I'm just sitting back and watching but this is what we call a day traders dream I mean, this is what you're looking for. This is what you train for. I mean I was just talking to Josh early this morning We were going over some of the watch list and something like that would happen yesterday and no matter what you touched They were all good shorts. Okay, everything was a great short and And and because what was the news? It was worried about corporate earnings, you know regarding about going to you know The new year and because interest rates are going up and you know, this is what you learn being a trader being here every day So when it comes to trading, you just know that, you know, they raise interest rates Well, that interest rates, you know, we're not factored into some future earnings certain people And that's what they were a little bit concerned But you could see I mean we're talking about Twitter right now Look at Twitter Twitter came out will came out really good earnings and it popped the one from 28 Boom the 3150 but now it's dropped about about a buck already in pre-mark in the past hour I'm just looking at the the matrix over here on the right hand side There's a lot a lot of orders everywhere. I saw a big order out there for 25,000. So Definitely a lot going on there. There he is right there. You see him 29,000 for $30 and 44 cents Looks like he's sitting right there pushing it down. No real I don't see any 30,000 share buyer I see that seller before point six million shares. So that's pretty much normal Anyway, let's talk about what happened yesterday because there were a couple of good stocks and I'm gonna go through the watch list Also before I move on a move ahead AMD You know, I said this earlier this morning But you know AMD didn't have a good or good earnings last night and I just kind of fueled the fire But I kind of mentioned earlier, you know, it's a shame it took it took about I don't know Three four months five months four months for AMD to make that big big run-up from 18 to about 35 and It lost it all in less than a month So listen, you hear me saying it all all the time whatever goes up comes down twice as fast and this way it came down three times faster, but But once again, it's it's all about taking a profit. That's we have to look at it All right, a couple of the things that we're gonna look at regarding we're gonna keep this is obviously these two stocks are on the watch list All right, and then the LRN and just bring that one up That was probably the best move for yesterday. A lot of you guys did great on that You know, the only thing the only thing is that if you did miss it early in the morning You could have jumped in around 11 and went from 21 to 24 The only thing I had a it was a great long. It was nice Had beautiful foul-steel flags you could see it at 12 o'clock you see it right here and everything but And remember we really we covered this a lot Specifically on the onsite class that we did and I was telling everyone and you know, listen a lot of you guys I know you love the onsite and you all know that you learn so much to come to the onsite And by the way, the next one is gonna be in September. We only do it once a year But you know, but you got to be ready for it and the reason for is that I it's when you're a new trader You can explain so much, you know when you're doing a webinar, right? But when I take you by the hand and I bring you up to the screen and you start looking at I start drawing on my On my whiteboard and stuff like that and what you know, then it really really kicks in and I was talking about specifically about double About breaking lower lows and we kept preaching it We kept talking about it and some people said well When you know when is enough enough to take a profit and we talked about the higher highs Well, this one was a clear example of what you know where you could have rode this thing up all the way from 20 20 to 24 And then you know and not knowing that How do we know it's gonna stop at 24? We could have been happy at 22 But how do you kind of run the wave and just keep running with it until you stop? Well, that's what really covered So anyway, I know we covered a lot of that a couple of the things that did pretty well obviously on The shorts yesterday micron just got decimated to I think it's getting killed look at that thing Look July thing was up in the 60s down to 35 Micron was a hell of a runner, huh? Micron was such a fun stock. Well, it's not looking too well right now Micron, I know it's gonna probably get close to his support levels Hurts getting destroyed. That was another fun stock, you know, it's pretty funny I just want to talk a little bit about these car stocks these rental cars Could you guys tell me honestly the last time you When you went on went on on a Trip or a business trip, whatever it is and rented a car verse just taking uber Right, I mean it was it was like that was like a when you book your car I mean you book your plane ticket and you always said I need a car I need a car, right and because you know taxis were like ridiculous and you know, they were expensive It, you know, and then you start to realize, you know, I'll just do uber and And it's just amazing that a lot of these car stocks are getting crushed So everybody's wondering why they're not doing that. Well, well and you know, you know, so also funny kind of mention I was just in Florida and And I rented a car and then I canceled I'm like, what the hell am I doing? It was funny because I found the car. It was cheap. I was it was a Mustang convertible I could have got it. It was like I got up like $30 and I only needed for like Three days, you know when I was down there in Florida for the when I was that's doing an event at trade station And I was thinking for myself. I got the bill at all said and done it came out to like $250. I'm like, how did I go from like $30, you know, which would have been like $90 for the three days to 250 Well, you got the you got the you got tax state tax Airport tax airport fee We all said it done it didn't end up being like $65. I'm like, I'm not interested. You know what? I'll just do Uber's cheaper. It's safer. You know what I mean? I got parked the car and forget it So anyway, not to not to not to spend too much time on it But when people stop worrying about like, you know, you thought these were at one point were blue chip stocks Well, they're not too blue chip anymore Car same thing Avis, you know, look at that. This was like a blue chip stock everyone thought and was like Well, you know, what's blue chip mean now blue chip. They're like, you know, there's blue chip and a speculative people So thought that New York stocks will all blue chip and sure enough, you know what? They're not the little looking to blue chip anymore all right, so Obviously they're all getting killed a lot of things got killed yesterday anyway being down 600 points But anyway, the couple of things are obviously pushing things back up So let's go check out some of the winners right now. You want to focus on okay? Obviously, we got the twitter on our watch list. Oops typed in the wrong window TWTR So twitter, you know, it's got that little support level looks like that big guy got hit on the offer Listen, you guys know we've traded twitter many times and If you were a good student and you did what you were taught and you do your coaching like we do here at Cybertree University and we walk you through with things the first thing we always ask you Where are you what? Where are your journals? Okay, and If you did them right and you were trained what we teach in class because that's what we're doing right now Obviously, um, I also forgot to mention today's the start of phase two lessons Um of the classes So we spent a lot of time talking about journals go back and look at your twitter trades Okay, and if you followed the way you were taught how to Journal your stocks And how to take good notes if it's tradable or not then you'll know how to trade twitter But I could tell you right off the bat. Twitter is a little bit of a nasty stock. It could be, you know It's a lot of fun. It's good in the beginning When when the market opens up, but it's got some nasty Nasty shakes. So be very careful glu is another one I found in the big watch list on Here's a stock up about 573 thousand shares at 14 percent. She looked pretty good eight o'clock this morning But she's not looking too good right now. She's really backing off. So I don't know I'm probably going to scratch that one off my list I got the amd on the watch list you know that one It's probably going to be testing some nice support levels, which it looks like it's doing right here Lot of good iceberg orders 10 Million shares trader already is that incredible and by the way, what the hell has happened with budweiser I guess nobody's drinking beer anymore. Oh my god, this thing. He's got decimated. I was just looking at the long-term chart You know I don't know. You know, it's funny. I You know all smoking pot now. Is that what it is? Well, that's a that's probably where they're heading up going, huh Were we down to 74 dollars budweiser once again the other blue chip stock You know, it's funny. I was talking to ray Um, and we're talking about can and we're talking about the the socialism medicine And how everyone thinks that you know, maybe can u.s should have social medicine And i'm like, well, how are you supposed to pay for it? Right? He goes He goes, uh, he goes, how are you supposed to pay for he goes? Oh, he just taxed everybody He said and not a lot of people have an issue and and no wonder. I guess You know what if they want to try to find the money if they did what they did in canada I guess a case of beer was a case of beer cost over here about 27 dollars 30 dollars for a really good case of beer That means that you buy a case of beer in canada. It's like 48 50 dollars a case So I mean if they're going to go that route that just tax beer and they'll double double the case So if you cool with that, you know and paying 50 dollars a case, uh, a beer Well, then there you go. There's you there goes bud taking a big crash Tax is always the answer for some. I know james Everything's that every that's that's that's that's the answer. But anyway, we're not trying to get, uh political or anything like that, but I'm just trying to tell you I mean, uh You know, I was trying to figure out how do you pay how do you pay for this medicine? I said, oh, he just taxed so and it's funny because I was just in canada and let me tell you canadians got the best beer They really really really got the best beer They they put a little bit more alcohol in it. So it tastes a little bit better But you know, they got great beer up there. But to pay 50 dollars a case I mean Like when I go up there and I look at I look at some of the when I come back And I look at the uh, when I get my bill and I like my receipt like when I go to a restaurant I mean, there's like four different taxes on there. So You know, it's got to be you know, once again You want something you got to get you got to get it from somewhere. So anyway, bud not doing too well I don't know if that's something to do with it or whatever, but stock is getting crushed You pay taxes or you buy insurance either way you pay. That's right. That there you go, right? Absolutely absolutely So bud's taking a big hit. We're going to keep an eye on that one acb We did pretty well with that stock pretty recently, but it came just took a big tank I thought I was going to pop again this morning, but it doesn't look like it's going anywhere. I'm going to scratch that off Uh, what else did we have? I think that was about it. I didn't really see anything that was really great Yeah, that was really out there. There was this one other stock the amrh that got destroyed It went from a buck 10 down to 40 cents. It backed up a little bit So we could probably keep on the amrh also You know, and I'm going to say this all the time. I'm not a big fan trading stocks under a dollar because When it comes to that, um, you're dealing with tens of a penny So it gets very difficult the spreads in are a very very difficult to monitor So you got to be really careful with that Uh, Ted says quit smoking when cigarettes got to $12 a carton You know what? I remember my parents. Um, I mean, you know what in florida, they don't tax it. So it was funny. I my mom, uh you know, uh Always uh Was a big smoke at one point and when I went down to florida He bought like a a carton of cigarettes for like, I don't know $27 but you come here to new york. It's like $50 So, yeah, she quit pretty quickly too. Also So I guess that's what stops it. Uh, but earnings and this morning prior earnings have booked 20 kneel Yeah, I mean listen Bud's not really doing too well, but I thought but bud got bored out or they they bailed out I think they got bored out by that that canadian, uh Brewer, so I thought it was uh Lita says I paid $100 canadian for $65 in us dollars Yeah, I mean, listen, I I know lita and lita's been here. What five times to the onsite? Doesn't think so much cheaper though here lita I know a lot of people come here and they buy so much stuff when they come to us But um, all right. So listen, we got our watch list. Listen It's not the biggest list and and honestly nothing's really Attractive as much as we always find we don't look like we don't have a lot of those You know those really nice high fliers or the short squeezes so far the market took a big hit We're probably gonna get a little bit of rebound. Um, my big thing is you're sitting cash Getting class today learn And let's just sit back and watch what's going on. Remember you're less than two weeks away From one of probably the biggest, uh Elections that are coming up in years. I mean you see what's going on in news with these bombs, which is You know totally ridiculous. I mean, you know, some people just absolutely crazy, you know, you just got to be careful Um, there's just some real crazy people out there But let me tell you it's getting it's getting nasty getting closer and closer to this election So a lot of people don't want to probably want want to hold anything going into like I told you so i'm in cash You know, i'm going to sit back and wait and uh, we'll see where the market goes So so far doing pretty good when it came out to that when I told you that back in september So let's get ready for that. All right guys, listen. Good luck happy trading And uh, let's all work together like a team. Let's try to make money and like and don't forget classes do start at 10 30 If you're not a a gold or a platinum or a diamond student and you want to find out or silver If you want to find out, uh, how to get into those classes talk to education advisor and they'll get you there Oh and one last thing I've got to mention. I am going to be doing an event on, um Ninja trader today at 430. So if anybody wants to join We'll send you a link and you'd be happy to come and join us. All right come out and support us Good luck everyone. Happy trading like ted said look listen and learn and how Grant says you will learn All right. Good luck everyone. Happy trading