 Good morning cyber traders. Welcome back on this lovely Thursday. What do we got? Wow one day one one day left Well, actually two days including today till the end of the month. Isn't that exciting? Hold on one second. I want to just do a couple of things right here. All right. Good. Good. Good. All right, so Everybody everybody heard what happened with terrible things going on in Italy. I don't know if you heard about this coronavirus They said I put in a chat room. I just told you that we're looking at a He said it's 4,000 people on a cruise ship and then they got a coronavirus one person Looks like those people can be quarantined probably for two weeks that are in there I mean, that's pretty crazy But we'll keep an eye on some of the stocks. Listen, it's the last day that Tomorrow's the last day of the pay period. If you notice what's been going on with the market Really really kind of yesterday actually yesterday's advanced class phase three was awesome So like I said, if you missed it, you definitely better go watch it It was it was just which is great great stocks great situations. We made some really good money yesterday But it's not about making money. It's about learning, you know What we made money and what we lost and then also When it comes to uh, you know, do I was keep benching that we only have two days left to the end of the Pay period because traders work at the end of the month. So listen if you've done your journals you focused on your journals and You know, remember the Excel spreadsheet one that we give you the one that kind of kind of analyzes your trades Automatically. Well now it's time to know if you're ready to go to the first step to the second step Meaning are you a fake? Are you a level one trader? You ready to go from yellow belt to, you know I don't know what they call it, you know, brown belt or a blue belt or you know If you're, you know, if you if you level purple belt, there you go Ken You probably know better than me purple is that what's after or maybe you're ready to go to black belt You know be a level five trader But once again, it's very critical at the end of the month and listen the problem at the end of the month, too I just want to kind of remind everyone a lot of traders don't like to do anything crazy They like to close out the month. So you might not get that much action in the market other than You know seeing something that might Be a huge catastrophe or something like that. So be very very careful of that. All right So anyway, let's talk about what happened yesterday. Listen there But by the way, there are a couple of stocks that are moving this morning. I'm just you know what? I'm just a little disappointed. I know some of you in a chat. We're also bringing it up I didn't find that much moving so far this morning, you know, like like this was one stock that I found this morning the Mg en and Bring something up here and when I was looking at Level four and I was looking at here a total view, you know, I'm not really seeing that many ice orders, you know Out there at certain levels and so on. So I was a little skeptical I mean, there's a few things that are moving but nothing really great yet. Okay, and Typically with experience and doing this for 25 years is what happens at the end of the month So there are a few of them I got there and I want to talk about them But there are some stocks. I want to talk about what happened yesterday. First of all, the Lee trade was awesome Okay, this stock Was it was a fun stock to trade? Just change it right here right out of the gate This thing just literally ran from two bucks to three bucks Chiching big money a lot of people did great and and you know, not only if you missed a rally It was shortable. It was shortable. So a lot of you missed it and guess what? You made do pretty good on that short. So that one was good SSI was phenomenal going in the afternoon yesterday great great short and For some of you not all of you it was on your shortlist and you were able to get this short And it was just a great great short. Look, I think just tank from 340 down to a buck We didn't get better than that. By the way, I love stocks. I get destroyed like this because guess what? It's on my watch list. It's on my watch list because it's up 10% 300,000 chairs you might get a little dead cat bounce on that one. I know another one Okay, this is going back on my watch list box up this morning all over the place pharmaceutical stock, you know I don't know which ones with the coronavirus the other one is the other one are I don't know what it is But you know what there's a lot of them out there We're gonna keep an eye on all of them. So remember guys see something say something you got your benzina, you know News to feed we have it. Some of you probably went out and spent a little more extra money and bought Bloomberg machine for about 2003,000 a month a month, you know, listen, this is this is what we do here. You got to spend money to make money So see something say something Ken says oh drop I know listen It went from 350 all the way to six They're so volatile. You know what I mean? This is all speculation all speculation This is all spec stocks. We don't know who's in it. Who's out of it? Everyone just this is just reminds me of the whole dot-com thing. You know what I mean? You had a company you go public And you wrote you put dot-com at the end of it, you know, the stock literally took off That's what it's all about any stocks had the virus in the name might go crazy right now And you know what we gotta remember something. It's It's all you know supplying demand the company be like we're not even in the business You know what I mean? I don't know what the what but for some reason my first name started with corona You know what I mean and all of a sudden corona pharmaceuticals and all of a sudden, you know I'm not saying there's a corona stock out there, but you know, I'm telling you That's why it's so important to follow what's going on on the news stations, you know Listen to fake news that will not stop the chaos of these things taking off But at the end of the day guys, you know, that's what we hear for we hear to benefit and make money Now, let's talk about some of the stocks that are moving Mg en and And so looking at MGN if the thing had a nice little rally 60 cents of $2 it's backing off thing was up big this morning and Now it's kind of settling down. Once again, they'll the pharmaceutical stock out there So I don't know maybe anything I see has to do a pharmaceutical stocks I'm thinking right away. This definitely has to do with corona virus Absolutely, and you could see it right here what happened in the last several days that what that was son of them Here Okay, just want to see about Elsa. I subscribed a couple of new services and alert just in case something comes up boom We're in L stocks and we're trading them anyway So I this right now to me is second protocol. All right, L. L. I. T. Another one Box up big another another medical stock Stocked a great yesterday. It gapped up again this morning It's kind of testing to three days resistance levels. You could see that in the long-term chart Not a lot of iceberg orders out there. Let me just fix something here. I Total view so I'm just I'm just looking right here and see what's going on with this one right here L I T Easier way to read, you know, you got a couple orders here 5,000 and so on You can see him over here on the right to keep an eye on it not really nothing you can see it's trending down So I don't know if if the hype kind of is settling down a little bit right here I know which is one we were talking about this morning. Once again gapped up another one of those pharmaceutical stocks Could be no one of those corona stocks and 1.2 million shares already traded just in pre market alone You know, you know, it's crazy. I I did a presentation an on-site presentation two weeks ago and till today Till today 99% of the people still don't understand how pre-market works and It's just scary, you know, but don't worry about it. It's never too late to learn out there Never too late. I know nice little stock right there. We're gonna keep an eye on it. That treat is pretty well GNP X another one that's gapped up to this one also up about I don't know It was up a little bit better may I might pass on this one. I might pass on it Facebook, you know, we're not trading this stock, right? But I have to bring it up because guess what obviously they like what they heard Facebook took a huge dive huge correction and It's kind of holding here pretty pretty good, but there's a lot of earnings coming out this week tons of them, I mean, so you saw it happen with Facebook and you know what we know we're not gonna be trading You know, we're not gonna be trading Tesla But I got to talk about it. How could you not? I mean this thing less than a couple months ago was like 200 The thing you want to talk about a winner this thing tripled. Holy crap. So anyway, I Still like the Chinese stock version of it The cheaper way of getting it to something but until that whole corona thing takes care of I think that's gonna probably a fun swing trade Right there, but you know what good for him. He's looks like he's gonna get his $500 million He signed a deal with Tesla that if you keep it over 600, I don't know people say it's gonna go to 1200 I mean, God bless him that you got to love corporate America. That's what you know, great entrepreneur Congratulations, and you know all so I congratulate the employees the employees are probably so happy good for them Anyway, we got that one. What else we got do we talk about SSI? Yeah, that one we talked about that one because it got beat up. I want to look at on the uptrend ISN T That's another one right there. Yeah, I've done and came right back down I don't know what that's all about though, but I'm gonna put on second protocol MO Myos another one that came up on my radar. That's the one It's up right now about 35% if you look in the long-term chart The only thing it throws me off the things all over the place So I don't know what that's all about, but you know what is breaking an all-time high So I want to keep an eye on that one and Vax And Vax we all know that one too that one's going on the watch list That's gapped up again this morning to up 160,000 chairs not up a lot of only a 5% You know what I just want to kind of leave us off at one thing Do I win all the time? Absolutely not absolutely not and you know what when I lose I get ticked off, but I don't quit and let me tell you something There's nothing better of a feeling of selling a stock Losing a little money where you could lose everything and you all know I was a big fan of this stock I and I was watching it. We saw the stock get destroyed from 26 All the way down to six dollars and you know what as a swing trader as a day trader I said, you know what? You know we swing. I'm just bringing this up And I'm like, you know what this stock is starting to break up every day And it started to go from six to six fifty to seven to seven fifty eight I says, you know what looks like it's filling the gap. So I went long around seven seventy five It went to eight. I'm like, wow the stock it looks like it's gonna really pop, you know Everything we learn as a swing trader. Well, guess what I was wrong and I lost money on that trade actually lost 30 cents on that trade and Guess what that 30 cents looted loser right now would have been a four dollar loser So if you bought a thousand chairs and you lost 300 Imagine losing four thousand That's how you know how you learn and you know what 30 second rule lower lows Supply out there, you know consistent trending down and it just feels so damn good To know that you had something and you got out and Thank God you did because when you see something like this, I'm like, wow. Thank God. I wasn't like everybody else This is the power of being a very good day trader So I'm just want to bring this up to tip of the day, you know Because everyone out there one of the hardest things to teach we tell everybody our job at Cybertree University Is not to teach you how to make money. It's to teach you how to stop losing it The winners take care of themselves Everyone likes to brag and talk about it this and that I know it feels good But most people the reason why you get trained the reason why you're part of it Is you haven't problems to defeat the losers and nobody likes to talk about them and that I don't have a problem talking about it Because thank God for what I learned from experience. This is what teaches you how to get out of it All right, because you know what you're gonna lose in trading. It's part of the game Listen is no such thing of a baseball player bats a thousand But if you bat 300 you're the best baseball player in the industry But they're striking out 700 of time doesn't sound like a good ratio. So here's a trader. We just tell everyone Hey, you know what you supposed to bat about 700 Three, you know three 700 is pretty not bad if you're striking out 300 of the time That's what that so that is your tip of the day and I want to point it out because I just feel really good And I just feel psyched that the stock got crushed and I know some of us were in it and I want to just talk about it So anyway Losing is fun winner is funner. Yeah, I know right again. I totally agree with you But um, but you know what you can't take it personal, you know, you can't take it personal All right guys, listen. Good luck today. Happy trading. Remember, it's the last day of the pay period. Uh, well tomorrow is actually So you got two more days Not a lot of going on pre-market right now, you know, we'll see what happens when the market opens up We always find new ones that pop up and as we see something we'll say something we'll start commentary in about 10 minutes Um, and for all you here, I mean uh, or listen to me like I said Just sit back and watch and uh, just be very careful out there right guys Good luck. Happy trading and we'll see you all back at 2 30 for the afternoon meeting. Happy trading everyone