 Good morning cyber traders Happy Wednesday, everybody on this unbelievable March 11th my god talking about having some Is having having some crazy moves in the market, huh? We're down about what 760 we were down about 480 this morning Came back. We went down. We went up. We had a big rally yesterday in the market We were up about 1200 now without 700. You know what? I told you this we're gonna be up and down about 1,000 points going up and down up and down up and down up and down It's just unbelievable market condition. So I'll tell you it is really really scary out there. Listen, we did really well yesterday I was trading that stock gosh. I Did overnight position yesterday. I sold out early this morning. It wasn't going my way I had a nice profit. I lost I lost some of it. Good thing. I got out It would have probably been a lot bigger right now. I'm still looking to be a buyer, but let me tell you it's It's it's I feel like is anybody watching the news about the coronavirus Have you guys been watching what's been going on? Some people get really paranoid about it? I don't if you guys been watching it. Yeah, so it's like I feel like they're talking on the side of their mouth Right. I really think like they really really talking on the side of their mouth like they know the catastrophe that's out there and They want to talk about it, but they don't want to talk about it You know, I mean they want to explain what to look for and what not to look for and what to be careful of what things not to do And it's like it's like and I guess like they don't want to cause mass hysteria But looks like that's basically where it's coming about and now we yeah, well, listen, they said you're gonna have everywhere Listen, you saw what happened in Italy. Italy. They basically just shut down the whole country. Okay? China obviously looks like they're bailing out of it a little bit now. They said I mean and I having as many cases, but um, but the difference between us and China is I don't think they was shut down. They can't shut down US government. I mean I don't think you know, maybe in a communist country, but I was walking around yesterday and people they don't care I mean they're walking around. I was I was at a store do some shopping I heard some guy in the background Coughing and you know wasn't like he was coughing on water and the guy's got his mouth wide open Everybody's looking at him like one guy curse times. It's like what that was wrong with you You know, I mean and just some people just it's just I don't know It's good. I don't know probably look worse than it can slap and It's probably gonna be a lot worse than expected. Oh and another thing I was planning on a trip to a trip to Florida next week. I have a big convention to go to Apparently it's still going on but um, but I booked with Delta and I paid I paid like $300 bills plane tickets. I think it was 300 and They let me cancel them. I went because I went online to check what they are You know those those same plane tickets were from Florida from New York to Florida are They came down Jean you would have no idea how much I came But I was good before we start going through the watchlist realistically. I was just telling Josh How much money realistically take a plane ticket if you got a good deal from New York to Florida would cost Can you from you from for Florida there? What do you think it will cost? 350 for your flight you paid. What do you guys let's have a little trivia question? 250 David's a pretty good deal from New York to Florida Just as 99 dollars on Delta 60 dollars 99 dollars Kansas no way. There's no way you get a 99. Yeah, maybe you found Spirit Airlines and not on Delta From Boston for Florida's 250 just to return. Okay. All right. So anyway, I just went online to check $70 roundtrip same flight that I paid 300 now is 70 bucks on Delta now Delta It's obviously to me is like, you know, it's more of a hiring airline compared to the other ones But that's pretty scary. I might just buy the ticket and if I lose the $70 not the end of the world 300 is big difference, you know when you're booking for for family five But yeah, it's unbelievable $70 roundtrip Kansas I got ripped off. Well, if you they said if you booked it before March 9th, Ken, they give you a full refund. So you still got a chance. All right, so let's go Let's go talk about what's happening here from yesterday because This is obviously no joke Lot of great volatility. This has been a day traders dream guys Yesterday, we had a great class. We were watching that stock gush and you know what when the Dow went up a minute later the Gush went up when the Dow went down Gush went down and it's not like it was going down like 50 points I mean when this market's going up and down like 20 30, you know, I mean a hundred two hundred five hundred points Going each swing. So it was a fun stock to trade But you got to be Disciplined you got you can't say this is the bottom this the bottom this you got to be Disciplined on that trade. Okay, so that's where that comes in So there was a lot of big winners yesterday. I mean can go I can go down the list But I know you guys are really well on American Airlines the other one. I mean like It got halted yesterday Was this one right here or not? I don't know what happened here, but This thought I mean you could see Royal Caribbean went to 41 and shot up up to 52 was up with $10 got halted. Okay now It's back down. So markets down about 700. So, uh, I tell you it's It's it's been a crazy market a lot of great opportunities out there And I mean listen the big thing that I've rarely ever trade Rarely ever trade but you only could trade them in this market condition is you can't trade ETFs now You know because the market's so damn volatile. I mean, where do you get these 700 1200? They swings. I mean we had more of these swings that I could even remember. I don't think It was this bad, you know back in 2008. I think the crisis was worse in 2008 not not as a sickness as it as the market dropped me market dropped about 50 60 percent I think we have 15,000 and we dropped all the way to six. Well, guess what? How long ago was that? Look where we are now. We went to 32,000 So, you know the market will find its way down the road But listen if you see some good opportunities, you might have to deal with some, you know With some Pepto abysmal with the with the with the volatility it's going on But if you believe in the US economy you believe in you know capitalism you believe in the stock market You know you were and you're looking about five years from now ten years, you know, and you miss some of those big runs I know people still crying they wish you bought Apple back then and you know last year was like 150 went to 300 I mean listen there's some great opportunities out there. So if you really love a stock you got great swing opportunities but as a day trader remember guys just make your days pay and I'm telling you gonna make a lot more than you used to but you could trade the mark conditions now regarding about what's going on The mark is I want to get ready for my phase for a phase three class on it's funny. This stock is obviously not Tesla Okay, it's TLSA. Somebody got confused. Is this Tesla? I mean did it do reverse stock split now? It's it's tea tea. I say But I said I was a good one But anyway, this stock obviously had a big pop early in the pre-market and then it came back down It was out. It's up huge right now. You could see it was literally up about 157 54 percent But it was help up a hell of a lot more than that. It was up about 300. I know I came back down It's a science company so it could be one of those pharmaceutical stocks that one I would keep an eye on in in the morning hours. You have this one too. That's gapped up pretty nicely Bky I up up 153 percent. That one's looking pretty good breaking all-time highs right there PH I oh I found this one this morning, too This one got decimated. It's coming back up 22 percent great iceberg orders You could see it there on the right hand side in the matrix So that one's look like it's gonna fill in the gap looks like you got about six dollars right there But you know, but you could see she kind of trended down Right here. I know what that's all about. I mean listen stings it I guess because the mark came down a lot So keep an eye on that you know, I can go through all these oil stocks and everything but This thing is starting to come back up a little bit this one that had a nice little push yesterday 25 to 50 now backed off a little bit SSL Another one got destroyed This one's making lower lows. There's a lot of listen There's the oils obviously a big news that happened from yesterday. That was a big catastrophe I mean you got all the TS got all the brand names. I mean honestly for me personally There's an opportunity guys have to be very very aggressive But if you are considering maybe a swing trade or something like that Just this is where you have to do your homework If you want to do an option played play, there's a great time to trade an option You know if you're looking, you know, if you want to personally like I would probably maybe Like I'm a fan of doing leaps. Okay, I would do a leap like a year trade. Okay, you get an opportunity out there You want to do a leap trade? That's one thing, but But just be very very careful with this market. I just still I'm just still not that confident. I don't know I'm hearing these these these politicians talk on the side of their mouth for Republicans Democrats They'll hate you know fighting with each other Apparently what I heard that they want to do a little stimulus package here for the public and you know Payroll taxes Democrats don't want to do it. So I mean the fighting is just it's just terrible out there and you know, unless they You know, I don't know. I don't know. I mean and that just puts very if that puts a lot of Stress on the market the market does not like that and you know what affects all of us, you know So, you know, sometimes I feel like these politicians care about politics more than care about this country And you know, it's gonna affect a lot of us and how we're gonna react So we gotta do something so let's keep an eye on the but you know what there's an opportunity to make money out there Let's keep a keep an eye on it and if you see something say something. All right guys Had election coming up Well, all the election election came out. I mean Bernie got crushed By didn't want to crossboard. I mean pretty much everyone backed him. So but That obviously was a good sign for the market But the markets now looking at that way. They're looking at more of the coronavirus. I think that's our biggest issue All right. Yeah, Trump won every state. Yeah, he did He's the only guy running right future morning lows. Okay, so you have a Chuck Schumer talking right now before just saying something. I don't know what he said. All right So guys, let's get ready for class if you're a student if you're not don't go anywhere I'm just telling you right now if you're new to CTO Hope you're having a good time because it's a lot of fun and then don't forget today We got a we got a bunch of events going on remember. We got class tomorrow. We got trade Traders talk live. I'm gonna be on an event and then we had invest inspiration. So we got a lot of events coming up this week So guys listen you get these emails These there's some great presentations going on do yourself a favor just register And when you register the good thing about it is that if you can't make it at least you have the archive on it Listen, we only talked about 30 minutes. You'd be shocked what you learn in 30 minutes Of hearing someone's different perspective and we get right to the point So when you get these registrations of events that I'm on or somebody else just register for them and Let me tell you there's some great content. This is your job. You know what I mean? Good traders just remember one thing about these events that we do good traders Never stop learning always remember that all right and Listen the funny the other part about it is that sometimes you want to listen to him like well god I heard about this guy. Thank god. I didn't do that because I now I know why I don't trade that type of a market So you oh, that's what makes you a great trader. So make sure you go out there and support us. Good luck everybody I'll see you on class