 Good evening, everyone, and welcome. This is Melissa Armour with a Stock Swoosh, and I'm going to review the spy, the S&P, today. And I did talk about this briefly in the webinar last night. We are really, really gapping up here after hours a lot. Jeez, Louise. What the heck? Hold on, let me just see. Where did we actually? We closed at 192.88. People always ask me, what about the trades that don't work out, Melissa? What about the trades you lose money in? This is a great example here. I'm going to talk to you about the spy. I'm going to tell you a story. You can sit back and listen. At the end of last year, I saw the market. And I saw the market was going to go to a target. And I wrote it all down. I was working on it for about two, three months. And I decided to do options in the market. I decided to do them at the end in December. And I thought the timing was really, really good to do them where I took the trades. They're long-term trades out, OK? Later this year. Now, I was in these trades. The market then opened for the calendar year 2016 and came in and came in hard. So I had taken these trades up in here, obviously, then these trades were down. So for a solid month and a half, I've been watching actually two months, I think. I've been watching my spider options, they're negative. All the while knowing that I have plenty of time, that the trades are really good, that the risk to reward in the trades that I'm in in the spider options is like 50 to one. And obviously, there was no point in killing it if I still believe in the trade and I still am reading the market trend higher for this calendar year. This thing here today, this bullish gap, this thing, this bullish gap that we did today, I never thought we'd hold as well as we did immediately. And we did. And I've gotta tell you, this is, you know, this is exactly what I wanted to see. This is exactly what I thought I'd see back here. This is exactly what we are seeing. And I have no idea where we open tomorrow morning because at this point now, after hours tonight, we're gapping up. Can we hold another gap up? I wanna just review it. We gapped up here, held, gapped up here, held, capped up here, held. For three solid days, we've gapped up and held. So if we gap up a lot tomorrow, I don't think we hold the gap, but we are definitely higher. So my spider options are gonna start moving, but I don't think they're gonna really start to get positive. I think they're gonna start moving around here, but here are the levels. Here, here, here, and here. But it's very interesting. People always say, what about the trades, Melissa, that you lose in? Well, I didn't lose in this spider trade because it's a live trade that's live. I have two options in it. They're live trades with a time date. They're options, but I am down in them. But I'm telling you that it took a lot of conviction to hold through the trades when the market was falling in here. And I kept double triple checking myself every single day. This is exactly what I thought we'd do back here. We're doing it now. We're gonna run. I mean, this, we're not gonna fall. I know I've been saying this all along and probably a lot of people question my bullish viewpoint of the market, but it's 100% correct. Market can be tricky sometimes because you look at it and then you're convinced yourself and then you look at it another way. But that's why you have to have 100% conviction in a strategy, which I do. My strategy is gaps. And when I saw the gap up today and yesterday and the day before, I said every day the market was along could be bought. I just didn't know the timing to buy the market because sometimes the market comes in a smidgen before rallying. Let's just see here today where we actually set the low of the day though. I just wanna look. But I will tell you that people always wanna know what about the trades you lose in Melissa? I'm not, I'm not, I didn't lose in the spider's options but I am down in them. They're live trades though out for the long term but they're gonna work out. And I tell you, if I wouldn't have conviction I would have killed those things. I mean, every morning I've had to get up for two months and look at those things be down. And still day trade and still look accurately the stuff that I'm doing. And it has been a challenge to me but I've double triple checked every day the market and every gap, every down gap, every bullish gap, every bearish gap, every gap in the planet. I keep looking at the spy and I keep looking at the cues and every time I do I keep seeing we're higher. And we will make a brand new all time high this year in both the QQQs and the spy. I know no one believes me but this is such a huge trade that I'm in. And this is gonna be a story. It's actually gonna be a story that I'll write and no one believes me except for the people that are in it with me because some people are in it with me from the room. And once I'm out of the trade and once I make the money in the trade then I'll write the story and it'll go in the book because it's a 50R plus trade. Now, will I hold the whole thing the whole ride up? Probably not, no. But I will make a lot of money in this trade and it's really gonna work out and it's almost unbelievable actually. It's just like so many crazy calls that I make and then they work out here. Yeah, I set the load of the day before 10 o'clock. And you could have went along the market today. You could have went along the market today. Here's the buy set up right in here. But actually this would have been a better end train here more confirmed right into 10 o'clock. 191.50 basically held all day. I mean, look where we went dream target in the spy and expect a gap up tomorrow. But I'm telling you that on the live day tomorrow, well here, here, I'm gonna tell you right now. If we gap up to 196, we'll hold the gap and rally. If we gap up anywhere in this area it's gonna be very squiggly. We could rally first then drop into the close or we could drop into the morning and then rally into the close. It's gonna be tough. I'd rather see a massive gap up tomorrow. That's what I wanna see. Big gap up tomorrow at 196 or beyond. Otherwise anything between here and there is gonna be tough to intraday day trade. So I'll just do what I normally do which is look for the shorts. But today was a day to go long. It's like you could have gone long anything and everything in the market today. But we'll see how this all turns out. A lot of conviction for me to hold through these spider options. It's a huge, huge, huge, huge risk to reward trade. I've gotta play it out. I've decided to do it. When you do these long-term overnights, whether they're swing trades or options, if you do them for the long term you gotta be willing to ride it out. Things don't go in one direction immediately unless you're day trading. So when you do the swing trades or you do the options, if you're doing them for a couple of days or a couple of weeks or a couple of months or a couple of years, you have to have a little patience. Actually, this trade is teaching me some patience. We'll see what all happens with it. Have a great night everyone. If you're interested in the Golden Gap class, email me at melissa at thestockswish.com. It's this weekend, Saturday and Sunday, February 20th and 21st, great time to trade with me in the live trading room. And I'll see everybody tomorrow.