 Merry Christmas everybody and good morning from it for myself and everyone here at Cybertrain University on Christmas Eve Everybody's doing good to see you. Good to see you Ken Good morning Donna mark. Good to see you Lita. Merry Christmas. Good to see you all All right I'm good to see you Gary everybody. I hope I grant Merry Christmas Neil. Merry Christmas to you everybody So it looks you know very interesting a lot of you guys did show up this morning You know like I said money never sleeps right especially what's been happening with the market my god We have the they said we had the biggest correction in the market in seven years and You know, I just want to throw it out there You know, I said it earlier, but this really reminds me a lot more like 2007 2008 with the banking crisis and You know, we always have it every eight years every eight years There's always some type of a of a correction and you know, this one was just obviously was a little bit late You know, if you go back, you know, look at all the years it's always like an eight-year correction, but the market always finds a way to come back and All I'm all I could say right now regarding about what's happened in the market If you did what I told you to do and you bought that insurance policy on that ETF You probably did pretty well, but on your swings. Let me tell you people are getting Destroyed crushed, you know and cash is king now. Listen, I'm long two positions right now, and I'm getting kind of a little beat up right now That's terrible. I mean, I mean Not like some other people. I mean I didn't lose half my money, you know, some of these people got correct crushed I'm down like maybe like 10 15% you know on on on two trades on the CSQ and on GE I did buy GE, you know, and It's at a major support level. So I'm gonna, you know, like I said, I'm holding on from there But let me tell you if there's any Stocks out there as a day trader This is a you know, you really it's kind of hard to trade on the downtrend as much on a market down Because you know because when you down so much people like is this really the bomb? Is this really the bottom? So, you know, unless you're there's a lot of chaos going on with shorting and everything else but, you know, we're we're we're gonna be testing some major support levels and Listen, you know, just listen really closely what happens In the White House to see what they do at the Federal Reserve There was rumors that he was gonna fire the guy from the Federal Reserve President Trump and then I said it was not true So they just a lot, you know, the it's incredible how everything is so news driven But but I expect this was gonna happen You know, a lot of people made a lot of money in the market a lot of mutual funds did they wanted a cash in this Has been going on since October With this with this market and it's just more or less when it rains it starts pouring on in December But I honestly I never seen a market like this out of the 25 years I've done business never seen it this bad, you know at this time of the year I've seen a lot of bad markets in my time and usually you get them in like in March or August or, you know You always get a, you know, April crash because of the tax season, you know You know during the summertime I never see one around Christmas time. So the silk will call it the Christmas crash If that has a little ring to it, but but listen guys, there's gonna be some really really good buys Really good buys. So I hope a lot of people are sitting with some cash But you know, we're day traders here and to be a very good swing trader You got to be a very good day trader. So as a day trader, we know what's happening in the market We see what's moving. We see how the market's moving. Listen there. I look at like listen Apple, I mean 149 from the high of 230. I mean just literally lost everything almost all the way down to 2017 lost everything in one month that it took two years to get there. I mean the video All of them all of them that all of them that that that was up huge and he's all brand-name stocks I mean, I can go down the list. There's just so many of them You know all the technologies that even AMD They work so hard to get where they're at But you could see like you know and I have AMD on my watch list guys a lot of us or AMD You know in the middle of the year go from ten dollars to almost 40, you know, listen, there are some good buys I mean this stock goes on a dollar more You just gotta you just gotta listen there's gonna be a little cushion. You got to get in there You know, you got to buy it somewhere close to near that floor It's very hard to buy at the floor and sell at the ceiling, you know good traders always buy in between They'll just get ready regarding what's going on now on Regarding what happened on Friday listen, there were a couple of stocks I just want to touch upon those and you know and cover some of those but there were some good runners MRIN was a nice little they spelled wrong There it is MRIN came up that had a couple of nasty shakes But you know we listen we didn't really find that much in pre-market But but this one, you know what's it the market opened up it did go from seven to ten in you know about three hours So that one wasn't bad the DB VT that one also had a great pop right at the close. I don't know where that came from but boom That thing just took right off Once again stock got destroyed from 25 all the way down to five So we had a little bit of a dead cat bounce, you know I always like to trade these dead cat bounces You want to get really really crushed because you always get these people want to average down just like what we're seeing right now So the same exact thing that you're seeing what's happening in the market if you'll notice like stocks like this one How they rebound is exactly how we would trade today's markets. So that's we have to look at it Yeah, one of you just mentioned Ferrari to yeah race look at it. It's at 90. It's that look at that What is that the last trade trading around? 98 I Mean $150 stock. I mean we had some really good runs on some of these stocks So listen, I'm just gonna say this a lot of you guys wish that you said don't I wish I still had Amazon I'm gonna bring up that one Amazon's down to what 1300 1350 from all the way down to 2100 So there's some buys that people thought like I wish I coulda woulda shoulda, you know Well, guess what wake up because it's gonna be coming soon. So cash is king right now Now says Powell were were fired replaced. How would you play that? You know David? How to play it is the way you want to play how everybody else plays it off, right? Remember, we're just the ants. Okay, we're just the ants and There's no way that I'm gonna go out there and ever say I think this what's gonna happen Or that's what's gonna happen this guy leaves or this guy gets elected and this guy gets fired Because I've done that and there's so many more times than others that there's more more people out in the street I don't know how the street thinks other than from experience. I'll tell you what I would do an experience if it, you know chaos Unfortunately makes Katash makes opportunities for all of us. So you just got it as a day trader We're in cash, right? So how do we play it? Let's see how the street plays it and then we'll play it and just be in cash That's the way how we have to look at it. It does doesn't doesn't it feel great Jerry to be in cash Doesn't it feel like awesome that you know here you have people crying and screaming what's going on and But us as traders, this is why you can't get political and you know wish that this is gonna crash That's gonna go off of this guy. You were all the same thing cash is king always cash is king And you very rarely get opportunities like that. I'm gonna repeat this again, you know, you want this to happen So because I know a lot of us do have some cash on the side that we because remember when we day trade You don't need a lot of money to do this. We don't need a lot. All right, so What do you do with the rest of the money? People's like, well, what do you do with it? Well, listen, I do do some swing trading, you know, but it's unfortunately that I Didn't want to chase. I mean a lot of things were pretty big So you got your opportunities coming. So anyway, a couple of stocks. We'll keep an eye on this morning We got the MICT. That's moving That one is up right now 44%. This is the only one that I really see as a very inexpensive stock that's moving I don't think it's gonna be extremely that volatile looking at previous previous Movement what the stock has done in the past but that one's not terrible, you know As in what working off the big percentage gainers and losers DWT another one not up a lot. It's up 3% I mean, listen, if you look at the big percentage gainers is really not much out there I mean, you got a buyout in MD and be you know, we're not gonna be going there anywhere You know, it's going up about two three cents. Well, then that just to stay away from it You know, 13% a co are But it's really not doing that much And then you got some stocks getting crushed. This is pretty funny. I want to point this out. Look at this stock right here HSGX, I just looked at it earlier down 73 percent. This stock Was about three dollars got crushed if you guys remember it went down to like 50 cents some of us would trade on a dead cat bounce and Some people like oh maybe we'll come back or go back to where it was and look at it now It's at like 10 cents. It's reminds me of HMNY, you know another one down 72 percent I mean, you might get a little dead cat bounce on this, but just this is not a Throw in a watch list just because we're in a day trade has some fun on it Just be very careful though. Okay. That's the only one that probably looks a little interesting. Everything else is complete garbage and BEV is bound 12% this morning. I Was pretty fun stock and then we have to have ETFs. That's it. All right guys anything. I'm missing. I did not call out. I Keep fading out Lita, maybe because I'm moving my face a little away from the mic We raise the volume for you. Hopefully out those a little better. All right anything else guys that we're missing All right, good. So anyway regarding about What's going on today? Remember today's a half a day. So I'll be busy cooking. So, you know We're very light staff today. So the CTU you always want to take care of our employees So a lot of them are going to be just doing their thing It's I don't expect it to be a very crazy market, but we are down right now. So we'll see how how it plays out I just want this year to end That's basically what I'm looking at And look at some great buying opportunities, but in the meantime everyone I wish everyone a happy and healthy happy holidays Merry Christmas and Like I said, we'll see what happens going into the new year. All right fast UPS and FedEx shipping some of your dishes I'll send them over to you again. I'll take some good photos All right, Merry Christmas everyone. Good luck today. Happy trading