 Good morning cyber traders Happy Thursday everybody. Let me just get a low little chat back. Everybody okay there. All right. Good. Good. See you Ken JJ There we go, George. Look at these great names Look at that Tim Neil Craig Ted Deb fine. Good to see you Deb has everything going Jean Rich Pamela everyone All the great cyber traders. All right, everyone. Hope everyone's excited today is Thursday The it is the 23rd and unfortunately We still got about another week left. We are going into the probably the biggest Slowest times of the year because this is the end of summer. I will actually be away this weekend taking my son to our first born to college Which is probably the My wife's been really really depressed about it, you know She's gonna miss her first her first born, but it's it's great. You know what I mean? Listen Eventually kids got to leave the nest right and and not only that but we're gonna be on vacation We're gonna travel around over the weekend and stuff like that And I'm a reason I'm telling you this because everybody's doing the same thing kids going back to college now Some already went back about a week ago People are taking these biggest vacations now into this time of the season with that means is that you know And oh and then also you got Labor Day. That's coming up the following weekend So that and once that goes through then things are gonna start kicking in in high gear So you can see the markets not really doing anything this morning but there are a couple of things that are moving and Especially what happened yesterday In the phase three class my god. We killed it yesterday I mean we were basically printing money actually one of the students I don't want to pick on him But he actually cost me about three hundred dollars because you're trying to be wanting me to explain something that had nothing to do about the phase Three but and I got all focused on the off the stock and the thing just dropped about 30 cents on me But that was great. Anyway, a couple of things. Yeah, Mike. Thank you very much for congratulating. That was great Nice class. It was Grant and you know what? Let's talk about that that big big winner because you guys got to understand This is what trading is all about and let me see me bring this up. All right. So anyway, this stock Was was Moved up really really nice yesterday. You could see this one. Hold on. Let me just bring up the other ones, too There were a lot of good stocks. I had some really good moves. I always want to bring up this one though This one the SSC was one that we also had Yesterday that one was basically probably the nicest as a level one stock We actually had to sell this stock because we were making too much money in the other stock and ended up being a distraction so on and we actually lost like I don't like a penny or two on this position and it actually ran about I mean We owned it. I think we owned it at what like? We bought it like around. I guess it was like 18 or something like 318 or 90 something like that, but hey, uh, no No, it was like 320 or something like that and then but then you could see it ran all the way Going into the clothes. Let me just fix the time frame on that one Yeah, it's finally when we got out here around the 326 you could see already ran to about 350 and it gapped up Anyway, I'm still a fan of that stock and this that stock is obviously coming back into our You know going into our clothes couple of the ones like Urban Outfitters a RBN Great great short on that position. I mean you can see that stock Gapped up resubstantially and then that was a great short breaking lower lows Momo that one was good in in the morning hours did pretty well on that one SMCI That one also great morning mover that one had a nice little push, you know everything that we were looking at You can see how that thing got pretty much Decimated but it made a little bit of a comeback but the EX AS was a really really nice little mover right there that thing just gapped up pretty nicely and It was a pretty easy mover and you know what look at that And we were talking about this yesterday if you like the stock you could always buy it back tomorrow you know what I mean and even though we sold it and You could see it gapped up. I didn't gap up that much, but you know what stock move them nice This actually was our big winner yesterday. We did really really well on that one The only thing was a little inexpensive side. I know some of you, you know 66 dollars is not always our big Our favorite but anyway that stock still has a push on it and it was great I mean the thing about that we saw great great high-frequency trades and everything else, but the exas was awesome. All right, so But overall it was a very very slow week You know we were teaching some of the class and I told you when we came into class I said right away and this is what you get by being part of cyber trading, you know You get the experience you get 25 years of me plus all my instructors and everything else I've done it. I've seen it and I told you like even in the advanced classes. You know what I'm really feeling it today I don't think there's gonna be anything going on and the big thing is we learn how to control losses But what yesterday going to close this is you know what I feel good today we're gonna make a lot of money going to disclose and You know and instead of making you know the 900 dollar profit I says you know and some of you would have been happy making 900 It says you know what I think the stocks can go higher, but for some of you that only want to make the $50,000 a year You know, hey, you hit a home run at 900 do that every day There's a quarter million dollars a year, but we think we banged out about over two grand on that trade. Anyway Now let's go through a couple of stocks by the way Everyone in the room if you see something say something a couple of you guys are already starting to call out a couple of stocks right now We're gonna check them out. I got a good list right here. So I want to get you guys get ready First of all, we got the QD. That's moving deb fine. Just call that one out right there Worth washing up worth watching on a short. That's what ww means It's kind of lingo that we kind of used on a short version. Like I said, it's no difference than you guys texting What does lol mean, you know? Same thing we have our own little Breviations when it comes into the cyber group room, which is basically I learned being a market maker 25 years ago So trying to just pass down the tradition. But anyway, we did pretty well in that That's not that stock does look like a good short It's got a nice little trend took a little bit of a hit right here. It's not down substantially great great volume 560,000 shares look at the matrix on the left Look at all those iceberg orders all the way from arca from Nasdaq from bats All of them all aggregated in that matrix nice little move right there like that one pretty good call But as of right now, I don't know if it's on your short list, but make sure you always check first. All right, DB Mike she says is a nice little iceberg order. Actually, they're all over the place on this one 25,000 29,000, you know This stock Deutsche Bank, you know, listen, I know the stock very well This stock is a gapping stock. You can see from the long-term chart. This is not really a good day trading stock It could be a little bit of a swing trading stock, but not but not really something that we want to trade You know not really something Which is our forte couple now, let's go through some of the stocks I did find this morning so everybody get their pen and paper handy. We're gonna write these things down LX got about 13% 51,000 chairs already traded. She's gapping up pretty nicely. Looks like she's gonna be testing these resistance levels right around here You know, you could see you got some orders out there Look over here in the matrix not huge, but when you get around the 13 Dollar price you could see some 12,000 a lot of 200s there But we got some good iceberg orders on that one not Great, but okay. Everybody remember the any WA? All right, so that one we've been watching got Destroyed that one went from twenty nine dollars down to nine. All right She's starting to build a little volume She's starting to float phase down to getting a little bit of a bottom fish right here So some of us that did trade it remembered I told you you want to be a good swing trader You want to be a good option trade you damn well know I had a day trade first because by an understanding what's happening over the course of the day you'll say you know what? I don't want to tie my buying power, but this does look like a good little swing trade And this obviously doing pretty well. So anyway, that one made the FAO still list also LNJ you Found this one this morning, too This one gapped up huge this morning at two dollars, but she's backing off. She's holding some good support levels right here She was at as high as the two she dropped down to a buck forty five, you know I'm sixteen percent hundred seventy nine thousand shares look at the matrix over there a lot of big buyers sells a lot of iceberg orders out There nothing humongous, but there is a couple of them look twenty two thousand share buyer at a buck twenty eight makes perfect sense You know when you look at right here where it was yesterday, so you got those limit orders already defaulting which is pretty good WSM another one I found this morning in pre-market gapped up really really nicely a little on the expensive side though But you know she looks like basically an earnings announcement whenever you see that that not knowing it's in earnings But when I see something like that, that's basically someone came out with news not a lot of Remember what I taught you in class yesterday regarding about what is really level two really good for it's really worthless But it does have a little bit of value on it Regarding about the sizes so go back and review it You could see what I'm talking about once again not going to give away the secrets You got to be in class to go over it's a big explanation But you can see if you look at the sizes that kind of turns me off about that one everybody's talking about alibaba this morning All right guys. We're not training Alibaba. All right. It's a hundred eighty four dollar stock. All right Just to get it get it out of you. Why am I going to risk a hundred eighty four thousand dollars? I could I rather trade any WA or you know SSE or a exas a fraction of the money. It's all about risk to reward. All right Not that it's a bad company not that you can't make money with it All right, and not that like well, I can't afford to say oh well someone told me just trade the options Listen, we're here to make a day's pay. We're here to sleep at night not not not worry about You know having Nightmares, you know the middle of the night so anyway that is going to be a scratch You know listen if you got if you're a level five trader you gotta if you if you got a half a million in your account Then definitely this is right up your alley but other than that stay away from it the big one I like to out of all them do what's going on AMD AMD is on fire. This is Josh's favorite stock He's doing well on it. He you know look at this thing stock is already a double on a swing trade How did it get there? Everyone's asking how did I not know that you should have been in watching it over the course Of the day the writing was on the wall. You saw orders taken out It is a little bit of a brand-name stock We know the stocks got a couple of shakes in it a little nervous But you know what AMD has been pretty good not only has been a good day trade has been a very very very good swing trade SSC once again, we know about that one. That's on the watch list and the ex a s All right night a one of the stock I do want to bring up which you know I'm a very big fan of BJ's guys BJ's is a sleeper. All right. I still have the swing trade on it The stock is is an IPO it is getting pretty damn close to it's it's it's all-time highs. All right It's already at 27 40 we we held for a little bit of a nasty shake it went down to 24 bucks I wasn't scared of the stock because if you look at it's a gorgeous falstow flag looks like it's gonna test a higher High, let's see if it breaks that double top. All right, but this is not a day trade There's a swing trade so BJ's doing pretty well. All right anything. I'm caught that I missed out then I call up and you it says the the Qd trade Shares are down 13% pre-market the moves being attributed to early reports of Anti-financial ending of the partnership with with the company. All right, so obviously that's not pretty good news Benito And once again, it reflects the stock how much higher how much lower just listen Just be the ants follow who's dropping the crumbs and that will make your life a lot easier. All right Anything else I'm missing. I did not call out Listen, it's third just put it out there I'll look at him really quick, but I want to get you guys ready You got about 10 minutes before the market opens up and I want to share this with the YouTube So I need to get this video posted up there anything. I'm missing LB LB Who's it? Oh, is it L Brands? And not really doing anything it's down It's testing support levels. It's got good volatility Decent decent decent volume on the iceberg. I'm not a huge fan of it But you know, well, I will put this on I'll put this on a two category not a one right now I like the other ones a little bit better. Listen, there's always new ones that open up So only about two or three is gonna move We'll find some new ones that will come out out of the woodworks as we see them We'll share them with you but other than that this we got to work with and that's perfectly normal It's a summertime you're not you're in the heat of things and that's what it's all all it matters So, you know, enjoy your summer because Make sure you review those classes that you were taught in in in the phase one two and three That is where your time needs to be spent, you know Because this is Sunday football and when Sunday football comes in you got no time to learn you got time to trade to make money So go out and do it. So with that said guys I don't see you this week I'll see you tomorrow because it is gonna be a beautiful day here in New York I know some of you guys want to go out and spend your money. Enjoy it. That's what you're supposed to do That's what you train for go out there and do it if I see you I'll be here. I'll be happy to be and we'll see what we could do in the meantime. Good luck everyone See you back at 2 30 for the afternoon meeting. All right. Good luck everyone