 Okay, can everybody hear me? Let's go to sit here and wait for something to do yet. I think I'm gonna pass on Macy's But Macy's is going before a Weight Watchers It's already going. All right. This doesn't look like it's moving. That bothers me. I'm not in anything yet It's just not moving Volumes are relevant and I'm not so sure this gap up in the market holds like I said, so I think we got a way Sitting here and waiting. Wow, is this extremely strict tricky? We're not gonna hold the market today And I know we're up Considerably from yesterday's close. I get it, but this isn't gonna hold. This is just What did I say yesterday? We're back to the slop. That was Right on So let's just go back and see if this Weight Watchers can do anything The brakes 28 we're not gonna go long it and then we should watch Macy's, but this is gonna be just such a small target I mean literally It's just Trying to decide if this is really worth doing Markets not gonna hold today. So it's very tricky here Let's just talk about the market. I thought we'd fall yesterday We didn't when we rallied it didn't bother me when I got up and saw that we were up Did it make me change my mind about anything the answer is no? so it's This is we're back to the slot. We're back to the chop We're probably gonna be in a range the rest of the summer and I don't know if we're gonna be arranged the rest of the year that six months from now But I don't think that's gonna happen But it could but I think we're gonna be in a range most of the summer meaning we're not gonna make a new high in the spy which I said yesterday and We'll be in a range unless we go back down to March Lowe's That would be preferable because we could go short and get a nice clean sweep and be done with it But you see here this is very messy and I couldn't find any good shorts today and This doesn't hold we're not gonna do this and it just broke Gosh, all right, let's go back to our Weight Watchers this help So let's sit here and watch our Weight Watchers. It looks like it's barely moving Let's do this Stop's gonna be twenty eight ten Let's do eighty by ten I don't think we're gonna get a better stop than that eighty by ten long weight Watchers. I Have no idea if this is gonna trigger because if it doesn't it'll continue falling break 28 and we won't do it We haven't done anything and it's 936 Give me ideas. I it's sweet. It's only seven minutes into the open But just look in here. This is still valid if this hits 80 80 by 10, but I don't know if it's gonna It's trying to hold so badly though against this market 80 by 10 Weight Watchers targets 30 It's K. R. Gapping I'm just kind of scanning this list on the side this morning. There was next to nothing Looks like there's next to nothing even now Peloton. I looked at earlier Northstrom is up All the retailers are up But some of these things just didn't look good like normally I would love target Normally, I would love Walmart. I didn't like the setup here this morning in the gap Those would have been great to do, but they just the gap wasn't good enough Same thing here. Not good enough Here's this little baby Darn it No, I'm just gonna pass. I just I'm just not gonna do this for 25 cents because it's probably it It's like targets 820 25 830. We're still watching this I haven't given up on it again, if it breaks a little I'm off it and I'm not going along this market here today, so Gotta take profits when you're up big mistake yesterday and today. There's just nothing to do. I'm doing the right thing today Not much I know so I Can't pull these gaps out of thin air Jiro, do you like anything? Let me look at the zoom See this is this is selling off, but it's not good enough I mean we can almost theoretically short the market, but I'm not gonna do that because we gapped up So, you know too much strength here in the gap But not on the live day confusing Let's go back to our W. W 2810 is still valid. Let's do 70 by 10 Not giving up on this yet 70 by 10 AAL did a gap or is everything was out with the market, but let me look You know what I didn't look at this morning I didn't look at BA Man, is this another very very sloppy chart because I don't think this is higher It had a tremendous sell-off which we got last week Didn't call any trades in this at all yesterday. It just didn't set up right This is extremely messing out. This is this is like the worst chart ever now of slop worse than the market But let's look at this. This is gonna fall. I'm gonna be surprised that this has a just a Tremendous fall quite frankly. I'm still watching W. W. Bowie's gonna sell off it's gonna Chill off maybe it will do something out tomorrow actually maybe that'll sell up hard today gap down tomorrow So today is Tuesday tomorrow is Wednesday Thursday. We have more data out on unemployment numbers So how am I seeing this week set up? Very sloppy, but ultimately lower Could be later in the week though All right, here we go. I think we can do this 70 by 10. It's holding. It's not selling off It's attempting to do so in failing market is I Like this anyways But realistically first target would be 29. It doesn't get over that. We'd almost scalp it 70 by 10 long weight watchers The stock has done good since Oprah has been Doing all our commercials Does anyone had that cauliflower pizza? Is it any good? I think it has it's not low carb though It has flour in it 2629 I never had it either because it's really not low carb. It's like part cauliflower part whole wheat flour thing Just gonna sit here and wait for this a little bit more Okay, here we go 70 I think we're gonna get some of this today, but I don't think this needs the market's help today Market would help this if it does home I don't think it needs it, but if the market would hold and rally into tiny it would help this It's never triggered yet and I'm hoping that this does because it's the only thing that looks even decent That really looks pretty good Here we go 70 I Really doesn't look like this is moving. I know that it is moving, but it really doesn't look like it is Put the stop in. Oh, yeah. Yeah, I finally it's moving 2810 boom you can do it right here. This is not too late 70 by 10 This is this is it Gosh, this makes it worthwhile here waiting for an hour Let's talk about the targets You're all right. I'm in the room. I think this can get to 30. It's gotta get over the high though Wait watchers targets. This is not too late and you can still do it do it right here. That's what we could do is We could add Over 29 Peloton fell Okay Again, it doesn't look like it's moving. So when will it start to move? I don't know over the high Over 29 2910 I Think this was worth waiting for I think we're gonna get a decent play in this when there was nothing else to do So we're kind of getting the stop drop and roll look here But it's a market gonna have any follow-through Which is not a believer Not after the last week. It still doesn't look like it's moving. Yeah, it is It's not miss or exit today. We want one big punch over the high See how it acts and that's it any questions. This is it. We're not doing anything else. Let me look at what's out for tonight yesterday the 16th Oracle's tonight and H&R block. Oh CC yells tomorrow morning. Well, that should be interesting. Shouldn't it? Okay. We're in along here Long to take a long time. We waited a long time for the setup. Do we have to wait a long time for it to go? possibly Stop is 2810 It's not gonna get any momentum till it gets over 29. High of the day is 2910 Looks fine Just slow Very tricky So we're in WW long. I'm not gonna give it any more room. It's too late for that and the market is not gonna hold but it is really tricky and You have to pick a sign you can't you can't be both ways. It's just one or the other I Think one of the reasons the last few weeks was very easy Was the side was clear now the side is not so clear Why we gap down yesterday? Then we didn't have any follow-through lower Then we are gapping up today and we're not having any follow-through higher. So that's what volatility is That's what sloppiness is when you're not getting the follow-through And the last few weeks were very easy because we had beautiful follow-through in everything we did It was so easy to trade and that was erased when I got up yesterday morning I knew that it was gonna be tricky and the way the day played out and this morning too It just reinforces that. I hope this trade doesn't take all day. I don't have all day today But the Macy's I'm glad we didn't do this Speaking of no follow-through This is this could really sell off this this is so tempting to short here today But it's just the wrong thing to do because it's a really piss-poor entry But like I wouldn't be surprised of this completely. I think this could fall $20 I'm just I'm not gonna do it though because it's just the wrong thing to do But I will be watching this tomorrow morning like I this could come this could be here by Friday It's you know, all right. We're in this and we're waiting. Does anyone want to go over anything? Anything from yesterday anything at all. I did a webinar last night and it brought somebody brought up the topic again about sizing Which I kind of talked about the one time a couple weeks ago it Sizing is so so important when you trade like if you don't size yourself, right? You are not gonna make money even if you have a good strategy so, you know and Again yesterday was a key example Like if you did the spy trade We were up if you didn't get out if you took the loss if you had risked more than you normally would it would take you Two trades or possibly more depending on how much you oversize yourself to come back and be positive for the week Like if this works, you wouldn't it wouldn't be positive for the week. I Do think we can add here at 29 though because the longer this holds the better It looks to go over the high. But anyway sizing is so critical We are gonna fall asleep, but this looks good So the big days this week is Thursday because the number and This is gonna make it up high this week. So this Tesla is gonna have another pop So one thing I feel confident. It's gonna flip over the high again Apple is trying probably the only reason that the cues are holding on Gosh, I can't believe should we go long this? This is just so insane though. That's why this is holding up the apple Here, this looks amazing everybody. Let me just look at look at some apples Why do I think Tesla will pop? It's one of the strongest things in the market. I Also think it doesn't have anything to do with the market Here goes the weight watch No, let's just wait it out here here. Let's add to the weight watchers right now You could do it at 90 to wait till 29. It's gonna go here. It is. It just hit over 29 Nice call here. This is it. This is our day. This is our life Da da da da do do do do nice call Wow, I I was extremely careful yesterday. I just Didn't get out right But back on track here today listen, we can get it up to 2950 2960 close to 30 as we can it's gonna go Now it's finally moving. I think this gets to 30 Tesla is Love by all. I don't know. This is just yesterday's bar looks completely different than everything. I saw last night Just a million reasons here WW Okay, got to 2930 we got to get it up 2950 So you see people bought it here Quick get out Those are the little scalper people that got out for 50 60 cents, but this looks good now Try to hold it a little bit. We're getting into 10 and Again, I I again the market could help us. Let's go back over here. Look at the cues I don't think it's gonna hurt us. I think we take a break on the longs that I like this I really Think that by the end of this week You're gonna see something very different Than what you see today Here we go. Let's not talk. So I don't miss my exit today What do I mean, it's just you have to pay attention like just one split second yesterday You're up and then you're down It's all that it takes. I think we should watch 2950 now Again, I this could probably get a 30 today an apple might go I mean, you know, it just might know when I think too hard about something the answer is no Didn't think hard about this. This was good. I knew in a second. I saw it And again, if you got to get going here early, you could scalp out a half this you could get out of the whole thing Especially if you did the ad we're trying to get one more push-up One more rally I think the best thing to do right now and overnight says have a light touch and the same thing with day trades Just a very light touch here. No piggy targets No over trading To think too hard the answer is no So what I'm thinking this could do is follow through today or gap up and make a new hide of our morning That's why I'm seeing this kind of set up not taking that long could be today could be tomorrow in the gap You could get up tomorrow morning. This could be at 10 30 10 35 could be at 10 50 Like that's how I'm seeing this whole little monster just Chose not to do this But I do want to get out of this Before lunch Kind of very good summer so far But know that the market is back to being very sloppy Why anyone thought differently? was too Too too shocking too surprising to think the market would go back up to the highs and all the indices It didn't make any sense and it's not going to do it, but there it could have Theoretically it just didn't One day this will move All right, who's doing what let's go look around see what else is going on today. Oh, here we go Fed Chairman Powell say that there will be significant uncertainty and timing and strait of recovery Says direct support from Congress can make a difference What else does he want them to do? Another rat of stimulus Free money, they're never gonna get people to go back to work at this point