 Good morning cyber traders. Happy Friday on this February 8th. Good to see everybody. Good to see you Mark Good to see you everyone Michael everybody Phil Charlie good to see everyone Wow, you guys type really fast Good to see it Deb Ben everyone. All right good guys so well so far. It's been a very exciting week We had some really cool different stocks that made some really good bounces yesterday. We had some really Friday today is Friday, so we all know what to expect on a Friday. We want to be really careful going into you know Going into a weekend, but this is hump hump month where which means, you know Once the holidays are over you can see now things are really starting to pick up So there's been a little had a great volatility in the market the Dow's been doing pretty well actually even though we've Been down for the past couple days, but I don't really doesn't affect us There was some great buying opportunities what happened December So, you know not only some of you guys did really great on your day trade But even you know some of us always focused on trying to do a couple swing trades here And there was some good trades there But the big the big news this morning is the COT why you could see right here guys that this stock right here Let me just blow this up. Oh, let me just bring the screen. There you go So anyway this stock right here was obviously the big winner right here You could see it stock had a great great pop right there so far at 8 o'clock this morning Listen, I say it all the time early bird gets the money if you got in here a little bit late Everyone should have got in, you know, it's my little thing right here. I'm a little out of the way, but uh everybody should got in somewhere around like 8 20 maybe and Look look how much money you're doing pretty well. So everything's working out pretty nicely on that trade right there Some good profits on that one So listen, there's I have a good list of stocks right here, but I know that's the big one We've been trading in pre-market right now. Remember, you know, listen, I just did two big events yesterday I was on candlestick forum with the you know with bigelow yesterday, we had our own open house yesterday and You know the big thing everyone was always asking me is like, I didn't know I could trade in pre-market Do you make money in pre-market? How do you know? Listen, that's the whole idea about being here And if you missed it Friday, don't worry about you got Monday. All right, but there are a bunch of stocks out there They're moving but before we do that We just go over what happened yesterday because you know, it was like to do a quick little recap We had a couple of nice moves on some of the stocks. Let's start off with the SLDB trade So that one was probably the nicest winner of them all that one right out of the gate stock got crushed This is why you don't hold overnight positions, you know You got to be a good day trader to realize that it's just you just wake up one morning And you think maybe we'll come back maybe we'll come back maybe we'll come back and then boom You wake up in the stocks at six bucks But listen bottom fishing is my favorite stock had a really nice pop right here at nine o'clock this morning Great stock went from six dollars to nine Almost eight dollars great two dollar move had such gorgeous shakes It was just so easy to get in and out of them I mean everyone here should have made at least 50 cents on the stock minimum 50 cents So anyway, I'm gonna still I'm gonna watch this stock this SL SLDB because sometimes, you know Maybe a day or two down the road. They usually come back a little bit, but she didn't do too. Well You know, I thought if you look pretty strong up until 12 o'clock But then she kept on cracking down and really didn't work out too well But that was probably that I was pretty much done just trading that one stock yesterday SMGO was another nice little move another stock one from 12 down to 6 great little bounce right there also I'm telling you there's a lot of stocks that get it got crushed and even today. We're gonna look at those But once again Big fan of bottom fishing. There you go right in the middle of the day stock got destroyed with news 12 down to 6 down 50% like that and sure enough you could see a beautiful falstil flag Stock had a nice little rebound. I know some of you guys. They're pretty well on that one the the TP and L So that one is breaking all-time highs that stock had such a great push yesterday The only little concern is she had a couple of your spreads were getting a little big time-to-time So don't let these don't let this $6 stock fool you but but breaking all-time highs that stock is pretty good I'm also gonna keep an eye on that one long term regarding about you know, maybe it might be a good swing trade Remember we traded that with crone just yesterday. I know we've been a big fan with CR CR Oh when that thing the same thing remember we trade at 14 I said listen, you know, we've been day trading it It's time to swing trade it because when you break all-time highs and sure enough the thing ran only to 25 from 14 25 a lot of us did really really well on that one and And yesterday had a really nice little push too. So but we all know about CR one. This is not your level one type of stock now getting back to Grant says that was a definitely easy dollar. It sure was right Grant So let's go over what's happening this morning. First of all, we before we get into some of the good ones Let's just have I just want to kind of cover a couple of things because some of us were we're in class And we were talking about you know, even yesterday a lot of people ask me What's a short squeeze and you know, what how does stocks get squeezed? Well, listen if you go on my YouTube channel I did a whole explanation on it But let me tell you there was a lot of great little short squeezes going on and there's also a lot of good Shorts here. You have a stock that's taking a nice little hit here PDD It's trending down had a little bit of a shake here right around right before 8 o'clock in the morning But this stock has been having a nice little run lately, you know what from $20 to $30 you could see he's breaking lower lows So as the trend is your friend, don't bucket that one looks like it's probably gonna be a short APOP Talked it now here. It was the classic stock yesterday Some of us killed it. They halted it. This was your classic short squeeze stock went from $1.50 whole way to $4 Some of us cleaned up But once again, what do you think is gonna go back to seven guys? Remember what I always tell you the last thing you want is something going up way too fast because whatever goes up fast comes down twice as fast on the downside and look where it is it actually is Lower than where it was when it started before that rally So I just thought that was a good of funny To kind of show you where it ended up kind of educate you guys remember but one of the biggest things that I cannot teach you here in cyber training adversity is Experience and the more you see these stocks, you know, listen Look at me as you know, I'm the coach We're gonna go great ready to play to play the game I'm giving you the speech how to remind you what happened yesterday So we don't make those same mistakes and every day we do that is a day learned That's gonna make you better at remember you're gonna make mistakes and trading as part of the game There's gonna be times you're gonna lose trades as part of the game But you gotta know how to you got need to know how to learn from it, you know And and and not make that same mistakes, you know last night. I had a student of mine a student Somebody was in an event. He goes I hate losing and I'm like why you hate losing everyone Of course you hate losing but doesn't make you a bad person makes you want to quit supposed to learn from it That's part of the game because someone says how is losing a good thing because I have a whole motto I tell people listen losing is a good thing and they're like, how's it a good thing because if you know why you did He's not gonna do it again, right It's part of anything anything just because you drive a bike and you fell on it doesn't mean not gonna get back on And drive it again You got to learn from those mistakes because eventually, you know, you got to drive the bike So it's like us. It's like the stock market. You're gonna trade the market You're gonna lose you learn from it and you get better at it. So anyway, that was a pretty cool One I wanted to bring that one up MNGA this thing my god, this thing is getting crushed Crushed look at this one Stock was at $6 a couple of days ago. Look where it is. It broke below a dollar Faustal flag on the bit. I mean fortunately we can't short it But I just thought it was funny to kind of bring this up because I know so many people I saw on the internet with what we're praising the stock and I'm like, all right Well, look how that's working out for you. Listen, I'm gonna say it again You want to learn how to swing trade you want to be a good option trade you damn Well, but I know how to day trade first because if you didn't see the writing on the wall from yesterday to day before And you didn't get out when you supposed to and I'm like, you know, maybe we'll come back tomorrow Yeah, how does that how's that working out for you? And let me tell you there's a lot of them I got crushed a lot of them. All right. I mean, here's another one is another stock. That's getting killed Carb, I mean only thing I like about this one is it's coming to a major support levels back in December So I put that one on my watch list also Now a couple of stocks up on the positive note When we saw earlier the COTY Guys look at the iceberg orders everywhere great volume on the matrix on the level three You know stock is a you know kind of build a bit of a pennant right here But this one is moving pretty nicely only thing right now in pre-market's got a little bit of a big spread One stock a lot of you guys are hearing about on TV is probably sketchers Whoever thought that these ugly shoes are actually I'm sorry. I mean to say that word ugly Hope I didn't defend anybody, you know, because it's not a fan of that stock I just can't never figure sketchers, but whoever thought the company's public, right? So anyway, a lot of you guys remember the stock couple of a couple about a couple of weeks ago We trade and went from 26 all the way to 32 and it came right back down You said a little candlestick right there. It was a pretty fun stock to trade So anyway, it looks like she had good earnings yesterday a little thousand of flags She's breaking higher highs only issue here big spread and look at the tier sizes There's really not that many shares Outstanding the stock so you got to be a law on the careful. So you got to be careful with that VCR a Another one is getting crushed right now from 40 went all the way down the 30 You know what testing support levels right here look for the dead cat bounce, you know That's what I'm looking at and then you know not that I'm gonna trade it because we traded yesterday, but how Awesome was GR UB. I forgot to mention this one. We saw the stock go from 88 down to 68 stock was down 20 points Is is that fake news or what because the stock just came right back whatever came out that destroyed this stock Was fake news. I guess because if it wasn't it wouldn't went right back to where it started Stock had major support levels here back in December if you kid it and bounce right back up Let me tell you I know some people I shorted that stock and got destroyed So listen you want to play with fire trade with $80 stocks go knock yourself out. All right So that is our yep That's what it called dead cat bounces and by the way, don't be you know, let's not be rude. I have a I love my cat and She doesn't do you know Oh, does everyone know what the dead cat bounce means by the way everybody keeps talking about that Somebody know what a dead cat bounce means. I don't know if anyone knows that just give me a yes or no I have a cat. So I love my cat my cat Chloe. She's like the most important thing to our family. So Everybody knows that deck. No, it knows a dead cat bounce. So if you have a cat basically what they say is you grab it by two legs and Upside down and you let it go and cats are so Acrobatic that they'll just flip right back down and then bounce and then jump If the cat doesn't bounce because if you pretend it's dead, you know That's how you know that that's what a dead cat bounces. No matter where a cat is. They are so acrobatic Probably the most acrobatic animal that I've ever seen in my life probably more than a monkey probably. I mean, it's just amazing animals But that's what a dead cat bounce means you can hold upside down They'll pretend it's dead you drop it if land right on his feet and it'll jump So that's where a dead cat bounce comes back. So when we talk about a stock that this is a dead cat bounce That's basically what it is. You know, you think the stock is dead, but it doesn't it comes right back. All right Even a dead cat bounce to it. All right, so anyway, I guess that was your tip of the day So listen if I don't see you this afternoon listen for the 2 30 meeting enjoy your weekend to switch you train for It's not a full-time job. I know a lot of you guys did pretty well with the COTY and You know and listen, I know we have a lot of new trial members here Hope you guys been enjoying it. Hope you want to you know, listen make sure you had talk to education advisor and Make sure you see if you want to move forward But listen the stuff that you see this is why we've been doing this for 25 years greatest job in the world Thanks, everyone. Good luck in the in the open and we'll see you back for the afternoon meeting at 2 30 All right, so don't see enjoy your weekend