 Good morning everyone. This is Melissa with the stockswush.com and I'm doing a market review here of the spy I feel compelled to do this this morning here before the opening event It's 9 14 and the room can listen to my market call for today I have speechless as I'm sitting here looking at my gaps this morning and seeing the market do this at 8 30 8 30 a.m. On the dot on the nose It made this move up in here which carried through followed through and will carry through when Mark will make a new High today 100% conviction no chance of failure. I've been saying it all along. It's May 8th I thought the market would make a new high before the end of April it didn't did I know that we still would yes Absolutely 100% it's so important to have conviction and actually in the room today when we're done I'm going to give a lecture for those of you that are listening I'm going to give a lecture in the room today when we are done trading You write myself a note you you have to see what you see and have conviction Sometimes the timing doesn't work out exactly and what happens with people when they trade is that then they question themselves Then they lose conviction Why would you lose conviction if you know what you know which I know what I know and The people I've taught know what they know if you know what you know and you know what it is And you know it's real and you see the price then you have the conviction and that's it And that's why the knowledge gives you the conviction and you can't trade without knowledge And you can't trade without conviction and you have to have it all I knew the market would do this This is this is an incredible call. And by the way, so is my whole market call for the entire year this year 2015 It's gonna carry through into the next few years. The spy will reach 300 I'm thinking now the way that it is with the calendar year because it's May 8th That we may see 275 by December 31st 2015 300 may not hit by the end of the calendar year It doesn't even matter Okay, the numbers and I'm calling that the market will reach us here No one else is saying so whether we had 275 or 270 or do 72 and a half or 300 by the end of the year We will run so far past what everyone is saying and calling that the market is going to do this year was far The way everyone thinks the markets gonna fall and every time we have days like we did in the last week and the last two Weeks and the last month and the last three months Everyone keeps saying that we are not higher and we are higher and we're gonna do it today today 916 Eastern time. I saw it 45 minutes ago. I sat here speechless and and for me to say that I'm speechless That happens once every century. I'm speechless and I made the call and I knew what happened and I knew what happened But I'm still speechless New high in the market today targets 215 go on the market if you did the swing trade call You should have never gotten out You should have never gotten out and if you did you should have gotten back in and I hope those of you Took it got back in okay This is a low in the market for the whole calendar year I said that whenever I saw it in here this this is the low of the market that we will not break this number for the entire year of 2015 I said that whenever I saw that the market will get nowhere near the 200 This is happening here at every day. I said we're not bearish. We're not bearish. We're not bearish. We're not bearish Don't worry about it. Everything's fine. We're higher. We're gonna make a new line No chance of failure are gonna make a new high target for the market today is 215 I don't see how we don't even get there could even go past that you can aggressively go on the market today Depending on how we set up. We are gapping up this morning. We were at 211 12 previous high was 213 With the shorts aren't even stopped out of this yet. I mean that is the amazing thing here This is just buying all you're saying right now is buying every short now People have shorted this market. They've shorted the double triple quadruple cajillion top. They're not out That's not what you see here. This isn't even short covering. This is buying This is a new buying. This is new buying that's happening in the market Which I saw was gonna happen anyways and how did I know because I knew the money was still there I knew the primary was still in there. I knew it wasn't selling out I knew the primary money was still present in the market from reading the gaps the bearish gaps the bullish gaps all the gaps The neutral gaps everything that I read. This is new money coming the market here This isn't even the shorts being stopped out. Guess what when those shorts get stopped out the market will blow It could be a day and I'm not saying we blow today, but I'm saying we make a new high today But we could blow when those shorts get stopped out. This isn't even the shorts getting stopped out This isn't even covering this is buying that's happening right here. That's how it looks Okay, this is unexpected for people unless you name a small list of Armo You think that the market was gonna come in and traders shorted this market and unless your name is Melissa Armo you thought that this market was gonna break and fall and you shorted it But it wasn't and I knew that it wasn't going to and the market's higher. It is so so higher It's people are saying to 225 and we're almost there We're even almost there Okay, and the bottom line is that this this is not even this hasn't even gone anywhere yet I cannot even words cannot describe. I must create a word I'm gonna make a word for the strength in this market because I've never seen anything like it And when I got up this morning, I was speechless and every time I see something like this I keep saying I am speechless. We will 100% retrace in one bar today the sell-off that has Wiggled and jiggled and wiggled and jiggled and wiggled and jiggled for months We will we will retrace it in one bar. Do you understand that that's the kind of thing that I see in gaps That's what power looks like whether it's bullish or bearish when something can happen lickety-split that that Flips everything around that is the power of money. That's what money does That's what money is and it doesn't matter if it's selling or buying but in the case of the market It's buying but the point is the point I'm trying to make is when pow you cannot be against power you're in danger of you to trade against power danger Because when it comes in it comes in lickety-split and that's why you can't trade against it That's why I'm gonna see it and if you don't see it that you shouldn't trade the market. You just shouldn't trade This people aren't our people are gonna get cream cream cream cream when we get over that high I It's gonna blow and I'm not the blow happens today Oh happens today or not to 12 to 13 to 15. I'm saying but I don't even I don't even know where people are gonna give it up And it may be over to 13 But it may not people may not give it up over to 13 even still but I'm telling you this is not sure covering right in here This is actual buying. That's happening new buying. I saw that the money was still there present active present even though I'm looking at a chart that looks like this We just talked about this I just talked about this I just talked about this a week ago Monday Tuesday Friday Whatever day I compared Disney to this until look look at this right now I know we got to get ready to trade this. This is such a good analogy to you If I could just if I could imprint my brain and sell it and package it up I'd be a billionaire. Look this this is the market. This is what the marks gonna look like and beyond This is Disney and I said this the other day. Look, this is just This is brilliant. We are so much higher. We are so much higher and the timing of it I have no idea and it doesn't even matter, but I'm calling it and just This is just I don't know how we open. I don't know how we open. I'm doing my shorts I'm doing my shorts. We have some good gaps today, but the market is higher today and That's the scoop so I'll do review later today, but this is Melissa with the stocks wish calm Have a great trading day everyone. Good luck everyone in the room. We're gonna go over the gaps in a minute markets Higher. I'm not concerned about it because I have good gaps today, but between today and yesterday This isn't even anyone's covered. This is nothing this Nothing here is short covering. This is all new buying and that's what's so spectacular about it It's so spectacular because I saw that this would happen with a chart that looks like this with a chart That looks like this that everyone saying is extended and I'm telling you it's not and that has no meaning Anyways, there's no descriptive term that even describes that it has no meaning if you were an actual person the traits That is no way to trade. It's no strategy. It's no way to describe a single thing You know, it's extended a rubber band when you pull it and that's not how you that's not what you do with your life With your money. It's not a way to trade. Okay. All right. I gotta go. Have a good day everyone