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May 26, 2020, we just finished Memorial Day. SPY has officially tried for the reclaim of the 200-day moving average. And if you go back in history, let's just kind of take this trip down memory lane. Now, here's what is different, okay? You can see the crossovers are notated by this right here. But if we go in here and I can just modify this and actually I'm not, I'm not going to waste my time doing that. Forget about it. It doesn't matter. All right. So the different side here is that we've crossed over. We got the cross and now we're reclaiming the 200-day, trying to reclaim the 200-day moving average. Now, if many of you are like me, you're probably, yeah, no. Loris, I'm sorry. My camera, the USB, I've got like 40 things plugged into my laptop right now. So my webcam is turned off. I got all kinds of other stuff running, you know, all my porn servers, you know, streaming live. So no camera today, aka I'm naked. No, not naked. Not naked. Funny story, though. Today I put on pants. I put on pants at like 8.45. My time, which is like 15 markets at 15 minutes after the market open. I usually don't put on pants until like 1 a 1 p.m. My time, which is 2 p.m. Market time, I usually have not put or maybe if I go to lunch, you know, around 11 or 12, and I put on pants today, like 15 minutes into the market. My wife walks in, she goes, where are you planning on going? And I was like, oh, so just because I put on pants, it means I'm going somewhere. I can't just like wear pants. But yeah, that's welcome to the day in the life of my household. All right. So I just find pants restricting. Anyway, let's jump back in time here to the only period of time, not truth and reality, that is really comparable to the current market we're in, should be in the 80s. Spy even go back that far as this fucking chart, not even go back that far. Am I going to have to switch to a weekly? Don't do this to me. Why you got to do me like that? Oh, God have mercy. Sorry. I swear I'm generally more prepared than this. Aye, goodbye. Thank you, thinker QM. I did not just wake up, but I actually did have to go cook pizzas for the family before I came to do this. And so I was like, run it. I was like, finish the pizza, finish the pizza, get back in there, finish the pizza, get back in there. So I thought I was going to be able to go back to 1985 on thinkorswim, but apparently they're a bunch of Nazi communists. So, and I don't honestly even know if I can do it here. Oh yeah, I can do it with the SPX on here, right? Yahtzee, I can do the SPX on here. That's what I used to do. Ah, it's coming back to me now. Channel. Ah, finally, there we go. When was that point in time that I was talking about? Here is what I want to point out here. That becomes a very interesting situation. Okay. If you look at a weekly timeframe, we're still like miles apart from ever crossing over, like we're miles apart. Okay. Different situation here, being this retracement was an 85. This right here is that was that shenanigan right there. Now I can go back to day, ba, na, na, na, na, na, na, na, na, na, na, na, na, man. There it is. So if we actually reclaim the 200 day moving average in the overall markets, I think it's going to be a very interesting period of time. Okay. Many people are sitting back and waiting for the secondary move down, which when everybody's ready for it, what happens? It never fucking comes. Right? It turns into a slow chop and it starts to set higher lows. 1987. Okay. Not 85, 87. 87. Big panic. Just whoa. Hold on to your britches, fellas. You get the reclaim. Now here we are today. Okay. A bit different, a bit different scenario. However, chart-wise, has a lot of similarities. Okay. Has a lot of similarities. So we could easily see a rejection of 3,000 back to 2,800. And as we've seen, Trump was busting out some technical analysis. There you go. Stock market up big. Dow crosses 2,500 S and P over 3,000. States should open up ASAP. I mean, he's calling out everything. Like it's, we're back in bullish territory. Like we are very much close to being back in bullish territory. However, this little hook right here, we got a long way to go before we ever get this crossover like this right here. All right. Any other questions? Anything else? Yes, Tay, for 100%. Yes, Larissa. I'll look at my kitchen and now I'm going to think about Slack every time. Oh, BA. I'm sorry, Cole. I knew as soon as I saw you typing, I knew what you were going to ask. Sorry, Boeing and ERI too. Thank you guys for reminding me. I'm not sure why airlines were bouncing so much today, but it feels to me like we finally broken outside of a range across the airline market. So I'm going to go on the assumption that Boeing is going to get some juice based on that. And so I'm not necessarily short biased on Boeing. My lines, obviously, as you can see, are right here. 120, 130, 135, 140, 145, 160. You know, I would love to see, you know, an opening range breakout on 145. Like that would be a really nice situation. Yeah, exactly. All the airlines are popping now because Bao's flying again. And not to mention on a flight, within a week, two flights within a week. I'm like, man, you really, you're really getting aggressive with this whole Corona business. Let me just go ahead and get on these planes. What's harder, setting risk or managing a winner? Oh, fuck. For me, would be managing a winner. I really have an itchy trigger finger. Once I start to take a profit, I am so fast to just take it all. So incredibly fast at it. So, BA, I would like to see, I'm obviously interested in this 145 line. So I'd like to kind of see a week open tomorrow, a week open and then a jam through 145 to join that long trend on an opening range breakout type of setup. My take on RCL and SCLH, my take on RCL and CCL, either one, is that my main interest lies in RCL as they have the biggest market cap and the most cash on hand. So I'm most focused on them. And if I were going to pick up a position, I would probably buy options with a two-year expiration with probably, I would like to pay at the money. And so I would probably consider the $50 strike. It would be $50 strike two years out and then hold it long term. It'd be really nice to scoop some in the 40 area, like $40 strike. But in this case of RCL, you're anticipating that we finally continue the trend, which is just so hard to know when that time is. But I mean, it's just like clear as day triangle that is forming throughout this thing, but it's a very gradual triangle. And so it's hard to truly have conviction. I mean, you can justify that. I like that low a little bit better, just connecting those two points. So you connect those two points together, you get that triangle. So you can easily see retracement back into the 40, into the low 30 or mid 30s. So I'd like to say I'd buy RCL soon, but JPM iterates $50 price target. So we're trading at analyst price targets, most tier ones. Goldman Sachs cuts price target to 49 from 79 or to 40 from 79. Who else is a big name in here? So you got Goldman and JPM, Stifle. I don't care about Stifle. So you've got some downgrades coming through, but I mean, they're obviously not going to fucking go out of business. Yeah, look, real Caribbean liquidity of approximately 2.3 billion as of April 30th. Yeah, I don't think that's why I'm most interested in real Caribbean. Another thing I've been long is XOM, Exxon. I've been long since 36 and some change. RCL, I like, I like that. I like RCL, though. All truth and reality, though, I'd like to see retracement back. But yeah, thanks for being here, guys and gals. There's a lot more women in this chat room now. So I have to be very careful. Y'all have a good night. 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