 Good morning. Happy Traders on this lovely Friday August 9th. How's everybody doing? Good to see you all. Good morning everybody Happy Friday to you too, Nick Casey. Good to see you Chuck mark bones. Good to see you Rich Jean Lita good to see you all all right guys. Let's get ready and sit started. So it is Friday. It is absolutely Beautiful here in New York. I don't know where you are But I always have to remind you about the weather because you have to understand it is summertime people That make money want to go enjoy their weekend. It's running out You know, and that's what it is So and this is like August is like the worst part of the month now There's a couple of big things that are going on. I want to talk about Regarding some of the stocks. I'm gonna talk about the YouTube trade YouTube I'm saying YouTube the uber trade yesterday and Also, I'm gonna talk about some of the stocks we trade yesterday But guys don't forget regarding up on the screen just a couple events coming up. Just make sure You're aware of what's coming up here at cyber trade university with Tuesday. You got the traders talk Thursday We got the live trading with Fausto And then we got the trade summit and then trading for a cause All right, so let's go right in there and start sharing the screen and start talking about a couple of things That are moving first of all I just want to cover this really quick. Um, is any of you guys following us on on Instagram, you know I just started doing Instagram. I mean, I know I think I'm I don't know if you ever late to the punch or whatever But um, I don't know if you guys have started following us on Instagram, but I'm starting you okay good Because now what I'm doing is I'm starting doing posts Pre-market as we're in the meeting and if I see something really good, I'm gonna do some quick little videos here in time and time again. I'm also Uh Listen, I'm gonna tell you what a day traders life is all about, you know, what I do and you know make you feel like listen I'm no different than you guys when I first started, but there was a couple of the video I the screenshot I did this morning was about this stock NTR on the end X TR and how this stock took a big hit I think I posted around right around 8 o'clock and it was at $20 So it was a really really nice short on that stock right there and you know in part of my Comment was hey these pharmaceutical stocks They don't come back they end up going lower and sure enough there was a I took a picture of the level four And I showed that was an iceberg order there to how it got filled so listen You know, this is what it's all about this you gotta remember guys. This is your future. This is your life This is what you do. You know, just you know, it's like you wake up You go into the gym or you got to take your medication or you got you know Or you got to take your kids to school. You got to wake up and go to work This is your life is you got you got it We're gonna try to implement as much tools that you need to make you as learn as quickly and as fast as possible Yeah, we'll talk about the uber trade to Benito on that trade and let me tell you that was I Gotta thank Josh on that one. I'm gonna tell you and you're gonna love to hear this one But anyway, let's just talk about what did move yesterday before we go into the watch list and see what's moving First of all the stock the gold stocks all moved up again You know the nugget and all them stocks Jnug Let me just bring that up right here Jnug all of them. They all move pretty nicely and There was a couple other sand stock gold stocks and EGO. They're all pretty nice level one level two stocks Let me bring up EGO. I Know some of you guys traded some of these inexpensive stocks But you could see like this one was just really a pretty nice comfortable stock It did exactly what you trained what to do in the morning 750 right 930 boom 750 right to $8 It could have made you $500 on a thousand shares took the rest of the day off after about 10 o'clock came back at 230 and if you really needed it need extra 20 cents was right there So it's pretty pretty easy day the other big thing that was kind of a little disappointed is Crohn's cron I know they had earnings yesterday, but unfortunately wasn't shortable So that made it be that kind of hurt AMD though on the other hand good news on that AMD trade yesterday We guys killed the yesterday with AMD. Let me bring up the AMD trade And I got a fix the time frame here So AMD just I guess they signed that some big news that Google and Twitter gonna start using their new Processorship that is just absolutely huge that thing just did not want to stop yesterday That was probably one of the right in the middle of the day more or less, too But that thing was just great till 12 o'clock later one o'clock It was just a great run-up that thing did rate did well and the the nxtr After hours great short I'm gonna cover that you know, I know some of you guys did well Deb picked it up made about 45 cents Let's give it and Ben also made 30 cents on that trade in pre-market. Let's give them to a round of applause way to go Job all right All right, so what else is moving this morning? So first of all before I do that once again I got to I just guys I just got to do a shout out to my buddy Josh because on the uber trade uber you could see Let me just bring up the chart right here Okay, so you can see uber had this really really big run-up and You know after hours and it basically was trading regarding the news on lift and The stock was just a great mover. It's actually a bad-looking chart and You know, we saw the thing tanked. I was literally up like I'm like we were watching it after hours I was up like I don't know like think like 3,000 or something like that and then I lost it all I ended up being up only a thousand I'm like damn, but I'm like, what do I do Josh? You think I should hold it was sitting there looking he goes, oh, no That's holding support levels. Hey, you know what I ran it when they run down as fast as you come back And then I came back the next morning and I didn't make the full Three and that make four actually was four end up making like three and it was a little upset because it actually did go up And I probably left another thousand dollars on the table, but this is my point You can't go broke taking a profit because I'm sitting there talking to Josh and build them like damn Josh I should have held that stock and says breaking higher highs He's like he's like don't you preach that you say you can't go broke taking profit He says you're right. You're right. You're absolutely right. I I do it all the time and you know, that's that's a lot of money But sure enough I'm like, I don't know, but it's so damn strong and I was I'm telling you I was like an inch away. I'm saying, you know what somebody must know something because that stock was so damn strong Going all the way to the clothes and look what happened Bam thing gets crushed 43 down to 38 got Decimated I'm like not only would I've lost the three thousand that I was up I would have probably lost another what is that another two on top of that? So you can't go broke taking a profit I mean, but but I looked at it. I'm one thing of really I was a little I looked as like well You know what came down so fast. It did test some support levels. So 39 is a major major major support level So you could have did it a little bit of an after-hours trading only if you're an advanced trader here At Cybertree University, but overall it was pretty damn good Ken says fast, so I'd use trailing stops Fausto, you know, Ken if you're not a disciplined trader If you're not really that disciplined or you're in more than one position or if you're a swing trader It's really good But if you're an active trader like me, you know, you like sometimes a trailing stop might end up hurting you because You see all this action going on and not only that but by the time that trailing a trailing stop would not help you You know a minute into that after hours that you know what because you know what underpappeting I'm gonna tell you right now and this happened before you could have a trailing stop at on uber Let's say if it broke. Let's say If it goes below 42 sell it, you know where you'll probably end up getting out at 39 and be like but I told him give me out at 42 But there was no buyers out there There was literally no buyers and you would have got crushed and then all of a song look what happened Stock rebound. I seen it happen all the time. So sometimes, you know, it depends on kind of trade you are Listen, you're there. You have your finger on the trigger. You got to know how to pull it But you know, but when you trade something like this, it doesn't really work a lot What else he said lots of volume in that in you. Yeah, there is a lot of volume. Obviously what's going on? That's extremely volatile. Just stay away from it for now. Listen, we made our money on that trade We'll move on used it for the first time yesterday. Well, Ken listen, it does work, you know For like swing trading or whatever You know, like like I said, if you get a step out and do something but you got to be careful sometimes these volatile stocks All right, so let me get right into the stock watch list because you know, it's starting to get a little late right here So we know about the uber trade the the RK DA It's the biggest percentage gainer on the actual in the market. You could see right here in the bottom left hand corner It's already traded 67% is the biggest percentage gainer on the market And nice little push right there Let me tell you the reason why I like this stock this stock was a $10 stock this stock got decimated Okay, you can see you got totally destroyed and it's one. It's now it's starting to go up So when you look at it's trading right around here, you know, it's got great volume 2.8 million shares So, you know, it's testing resistance levels, but this stock looks like there's a lot of good action in it I just don't like that did this little nasty shake right here because shakes really stink You know, you got to be careful on that You know what Benito that is on my watch list. I had that already I posted it up there earlier and the you know The AMR N right there. Let's just come up. Yeah AMR N Know the stock they got destroyed you could see it after hours stock is literally down about 18% a lot of good volume Great orders out there. You could see here on the right-hand side on level 3 So you could see if those support resistance levels are kicking in. Yeah, that's talking about 50 cents It looks like, you know, it's got a nice little push right now But but from what I look at from the from the from the name of the company, you notice anything unusual about it Doesn't like a pharmaceutical stock. I can't guarantee it. I didn't look at the real name But anything that has you know, usually pharmaceutical stocks unless it's a brand name, you know What it is usually have it something at the end that makes it just like almost like an ETF They kind of category category themselves with that name, but that one looks pretty interesting. Anyways, a couple of other ones LTRX is another one. I found this morning in pre-market Okay, so here's another stock that's got destroyed, okay, it's up a little bit the butt I thought it was quite interesting looking at the stock being at $6. You could see it got destroyed right here Maybe starting to get a little bit of a dead cat bounce big big orders everywhere It looks like a perfect level one stock for you beginners I can't you might don't really know as of right now because the mark has an open But right now it looks like a good level one stock and it might be up your alley AMRN is not a drug stock can say and okay. Well, listen, there you go. That That is and you should know Kim with anybody being a pharmacist yourself So no right away about the drug companies that you know, that's the whole idea why we're all here guys Remember what I told you why you're part of Cybertree University. It's not about me It's not about it's about us working to a team My job is to teach you how to stop losing money not not how to make it the winners take care of themselves Go about working together like a team and and knowing these little things and learning from you know, beginners to veterans All right, so we got that one. We got that one. So we got the TX MD on that one, too That one right there another one like I said Got destroyed came back down. It's been up the last couple of days. Nice little push volume I thought was quite interesting. It's not trading that much volume yet But it does got that nice little trend looks like a level one stock. I like that V-Ray Getting destroyed. This one's getting crushed V-Ray also, I mean listen when it rains at pours guys if you didn't see it when it was going at 9 this look at look at that Gorgeous Fausto flag right there. Just beautiful You didn't get out at 9 you're at 6 look what you wake up this morning at 350. What do you do now? I don't know. We've got to see if these support levels kick in but What is it not looking too well for V-Ray, but I don't know It's got a little it's starting to trend up a little bit. You know what I mean? You see that? That's a hell of a haircut right there NKTR we already know about So that one that one's on the watch list AMRN. We just talked about that one made the watch list also AMRN Make a little bit of a move right here. We got the FTCH Got three more that I found the watch list another one getting crushed There's there's a lot of stocks that getting hammered just literally hammered I mean look at this thing 20 down to 18 now it's down to 11 You got to go back a few years to find support levels, but um, I Tell you the truth. I you hear me say it all the time I love stocks that get destroyed because I'm a bottomfisher I say it all the time and you always get these suckers that jump in there and they get their coal from their broker and They say hey you got no choice You got to average down and you always get that little bump of those average down people out there and Or you have a lot of shorts that are covering so you sometimes you get a little bit of a bump there Sometimes they've run it just a little too much more than they want So and you guys you know what I'm talking about having you guys ever been in a position that got destroyed and like You know, I got to buy more here. I got I got I got to buy You know, I got to average down because there's a whole there's a whole saying You know, it's funny. You look you look up on the internet on the pitch They said hey if you love that 18, you got to be drooling at 11 So listen don't you better up buying more here at 11 by twice as much if it goes to 13 You're breaking even by time gets 18 and 11, you know, you got a long way to go This is an opportunity. We just bought at a bad price. That's the rap that these brokers use So, you know what let them do that rap let them do that pitch and we'll go out there and we'll just capitalize on that Those stocks right there um Another one that came up on my watch list also another one getting destroyed down 38% 1.4 million shares I mean six six hundred thousand shares traded just not too Excited about the watch the level three. I don't see too many orders out there for stock That's getting that hit that kind of throws me off and DXC is the last one. I'm gonna throw on that watch list. All right another one. That's getting hammered to a little bit of a little bit more of an expensive stock breaking 52 week lows, but Technology stock doesn't look like a little bit better Fred just a little bit kind of scares me there and I don't see that many tier sizes So we do got our we do got our Options little little Jimmy Buffett here of some cheap ones and some expensive ones Josh is saying the end the end ATR is breaking new lows Listen, I posted it on Instagram. I took a picture of it. I showed you orders getting done We talked a little bit about here. So listen You got it. You got to go out there and Kind of capitalized and and you know what listen if you missed it, don't worry about it. You could there's always Monday, you're right We still got the more and the market even open up yet. So we still got opportunities All right guys, so there's our watch list and we got our little nice little trades So listen if I don't see you this afternoon enjoy your weekend. This is what you train for it's not a full-time job Just focus make your days pay and then and go out there and enjoy the rest of the day This is what this is why we do it. All right, but um, but always remember early bird gets the money That's why I got a log in early. Good luck everyone. Happy trading today. See you in the afternoon meeting