 Good morning cyber traders I've had start a little late, but that was a great song that was on there need more cowbell Love the cowbell. You know what? I'm feeling a little bit better today We're only down 260 points, so I'll tell you it's been really really stressful out there really stressful, but but we're back and there's no better place than Be in the cyber group room, right? Yeah, at least you have an excuse. You have to stay home. So anyway Before we get started guys, just let you know we got a couple of events that are coming up Don't forget today. We have open house at 12 o'clock so Feel free to take some time off and come and join us and Listen and talk about you know, what's going on with the market so like the coronavirus some stocks that we trade in hopefully We'll get some new people that want to know more about it We'll tell them about what we do here And then we also got the bigger online trading summit with the Meta stock on Saturday now regarding about what's going on the market Listen, you know, I Been I haven't gotten too much sleep. I really haven't you know I'm always looking what's going on in on the news see what the with the with the analysts is saying see what's the government's doing and You know a couple of people came out with some pretty good stuff that I do agree with some of them Just like just anti, you know They're just people out there just shorting the market and you know Ming Privates messaged me earlier and he said that Europe is already banded short selling and now the US My doing on Monday. I actually brought that up Ming about a couple of days ago I said they should ban shorting, you know, I mean and I mean, I know that's you know Can be flipped out he goes, please don't stop that don't do that I mean that sometimes you're gonna have to so and I'll tell you the truth There's some stocks that I even just tried to short yesterday and it just there was no shorts out there So if I think they're gonna probably get rid of this shorting entirely But regarding about the US economy and listen like I told you I got so many people that are friends of mine That I call me up and asking me what's going on. Do I do I get in now? Okay, all I could tell everybody this we're going to have the biggest rally and It's not gonna be no later than October Okay, the biggest rally in the history of the stock market and people gonna kick themselves in the button and wish they should have got certain Stocks now when it comes to it. Listen, if you love, you know bowing at 400 You gotta be drooling here in 90, you know, listen, I still have that 170 and I'm considering averaging down to buy more I just love the company. I mean there are companies out there. They're just ridiculous Bonnie says I hope before October Listen Let me tell you the big difference and for some of you. We're not here during the financial crisis Okay, this is not the financial crisis. Okay, the financial crisis took years to come back Okay, when this stupid this is the war when we fight this virus Everybody's gonna go back to normal. You know what I mean? And hopefully it's sooner or later and people won't get too hurt But I am gonna predict you heard about the government's gonna probably come out with a new Trillion dollar plan Honestly, you're gonna need probably three trillion and they got the money to do it and it's gonna happen Trust me, it's gonna happen. They will not let this beat us, you know, we're with us, you know We're the strongest company yet. We're very strong and you know US economy. Thank God, you know our financial Markets and we were having you know, like I told you if it wasn't for the financial crisis I mean if it wasn't for this virus We probably be at 32 35,000 on the Dow right now. Okay, so, you know, there are things They're gonna really really take off and we're gonna kill it. We're gonna do well now a couple of things I do want to point out and warn everyone about certain things First of all, we're looking at blue apron right here. Okay. We killed it yesterday with blue apron. Okay Blue apron went from three dollars to 25. I'm getting people calling me up They're like, why don't you tell me that sooner? Well, listen, you know what? If you went on my if you if you if you subscribe to my Instagram, you're now posting everything on Instagram my morning watch list You know for some people that are out there. So if you're not in here in the morning at least any of you guys use Instagram Anybody out there on Instagram have it guys subscribe to it's Subscribe to us No, no, I know it's like a younger generation, right? A lot of people like it's a cyber trading you Cyber trading University just look up our name. I think that's what it is, right? I Don't know my like I said all these kids do for us, but looking at it right now. Yeah, just go to cyber trading University and you'll find us You could also yeah cyber trading University or you can look up my name now Regarding about a couple of things I want to point out first of all most important. All right Blue apron How does a stock go from three to twenty five in three days? Twitter my Twitter feed is cyber trading you Cyber trading you put it in there You know what if you go on our homepage or website you can click on all of them, but um, But panic listen This is a short squeeze Know if and or about it. You've seen it. We've done it before and and guess what a lot of people don't Did they get to screaming by you know, this is a short squeeze and this stock is going to crash Big time. All right, so if you made money on it Congratulations, you know what don't go back and look at it and be like, oh, it's gonna go with it Listen, I was talking to one of the students yesterday and he says Fausto, you know, uh, I got into the stock I you know, I wish I had it and made like 1500 in it It went to I had it at a 12 and it went to like 14 which I still had it you're This is what we do here You know what if we we do was gonna go to 25. I don't think anyone would be here We'd probably stick in Sipping on some peon colladas in some Caribbean island right now. That's this is it's not about where it went It's what did you make money on it? That's what it's all about So that's the things that you got to do be very very careful Don't look at be careful with this stock. It is extremely volatile look at the spread it is very very big and You know just got to be very you know very alert when it comes to it But there are a lot of other stocks that are moving now regarding that the market. We're only down 180 points. So Just to give everybody a little heads up my my my You know experience We need at least about two to three positive days Until we can really say we kind of hit the bottom a little bit because what's gonna happen is there are some real jerks out there The real you know a's out there that a shortness market and and they're killing it You know, I don't know maybe guys like George Soros probably you know what I mean There are people killing it and they're gonna get squeezed Okay, they're gonna get squeezed and if they get rid of this short squeeze rule that's really gonna screw them up big time All right. So, you know, unfortunately, you know, they're there are people that Benefit from from things like this and they'll do whatever they can do Profit from it. Unfortunately, that's what people are like. That's what people do and You know what? if you if you've been around long enough You know Especially if you saw what happened to financial crisis, you know, a lot of people did not appreciate what they did back then But as traders, I mean listen, we had to go long. We bought those stocks. We ended up buying them cheap But you know as long as people don't start freaking out and start and hitting the sell button will be okay You know, so listen, I think we're gonna come roaring back big time And I think I know you think sooner than later, but I think you see a huge huge bounce back People gonna go back spending money people do great Just, you know, just trying to pick the bottom is very very difficult now Ben regarding about those also I want to talk about those stocks to nugget and everything else and so on But there are a couple of stocks that are moving this morning. We got to keep an eye on You could see here's let's go through the watch list really quick. So we got this one stock B. You are G that one is gapped up pretty nicely up 87% It was a 40 cent stock went to a dollar had a nice push yesterday. It gapped up higher this morning We know about blue apron WTRF H. I'm sorry Here we go. This one is also going up pretty nicely. It's kind of funny, but it's kind of holding here pretty strong I didn't know what the hell this company did. I had to go check the news just out of curiosity like because This is stock that we traded yesterday and it was stuck around two dollars trading some crazy shares And it was probably a you know, I was thinking about Holding overnight because it was pretty cheap seeing what was going apparently to do what they're doing a deal All the restaurants about home about delivery, you know Free delivery and stuff like that and it's not in this company. I was obviously has a lot to do with it So, but once again, you know, be very careful with these stocks guys You know, listen, we made a lot of money with the pharmaceutical stocks about the coronavirus now That thing is those best ship has gone and sailed now. It's about the after effect now Who's benefiting being in this situation? So we found blue apron. We found the waiters We found the Virtual doctors, you know all that stuff BJs BJs BJs. What did I tell you four days ago? BJs, right Get too excited look what happened to BJs $20 stock went to 30 Did you guys go shopping, you know and stock up your fridge or whatever it is? You couldn't even get any of these stores. They're gonna begin these this is like Home Depot back in Hurricane Sandy, you know This is Home Depot right here. You know, they killed it, you know an effect like that So if that still goes on these companies like this and Costco and are gonna be doing great so Another another big winner and they're gonna be filled with cash What else that we got on this list? I FMK is another one that's also making a nice little pop right there. I Fresh I guess you could figure it out. Anything has to do with food, you know, um I'm pretty good. I have a lot of friends of mine that are in the food business One of them, which you probably heard of you ever heard of Rienzi pasta He's a he's a neighbor of mine a good friend of mine, Rienzi, you know, it's like a Apostasy see in the store so he said that I Was just talking to my my brother just spoke to him just yesterday and kid even get him on the phone He said that he said they're doing like double and triple business right now regarding all their Their the food business the food business is killing it right now Anybody, it's in the food business a public business. They they're just killing it. I mean, you know all of them Costco put out a comment that they are hiring I think and you know what they pay good to by the way, you know, they pay really really well that that's a good sign now on a couple of the stocks out there unfortunately, you know regarding about Certain certain food stocks a lot of them are conglomerates. They're part of a conglomerate and Like all these little products that you're looking at other than Clorox, but you know all these bread companies They're all part of a big conglomerate. I mean the biggest one out there is Nestle's, you know, they're they're a trillion dollar company They actually bought my brother's company out skinny cow ice cream, you know, so Not very nice people there, but they must be killing it themselves. What what is it? It's a problem. Nestle's does not even trade here in the US Trades overseas that stock. I mean is doing probably gonna do incredible too So what we got so we got that one the oh What the hell's going on Jnug? Holy crap? That was a nice little pop right there. I mean we talked about it I said it earlier Jnug. I mean stock was a hundred dollars never seen these prices before in history I was trying to go back as far as I could the stock was a twenty thousand dollar stock at one point But it's been hovering here at a hundred forever, you know, we've been covering sixty hundred sixty hundred I know we have our gold guy there, you know Grant Brockway, you probably know better than me, but this is just like unheard of John it's all over the place, but going in a 425 right now, okay? So there's Grant already putting his comments in regarding my Jnug, you know here There's our gold guy, but all of them that just literally I mean it's unbelievable Nugget's the same thing. So anyway, I mean these things got decimated totally Decimated by the way, I don't know if you guys saw my comment earlier Gas got sold out in Kentucky. It was for sale for 99 cents I think I haven't seen that since high school, okay, and I had to drive like 20 miles to buy it, you know with my car that got like 10 miles a gallon But it's it's coming. It's coming, you know gas is gonna be cheap listen Just kind of tell you, you know about, you know, just listen to Mnuchin on TV before we got on and you know what? You know people want to play with fire and you know, and we know what happened oil regarding what the Russians about a lowing production You know, he said a smart thing and I'll tell you and I think that's gonna make oil jump He says you know what they're gonna put our oil companies out of business. That's fine They're gonna run a bit. Let's just buy all their oil and we'll fill up our reserves for the next 10 years And I said damn that's a pretty smart idea, you know, I mean like he's like think about it If you make something and it's cost too expensive and someone's willing to sell it cheaper for the same thing They're like, you know what? Let's just buy theirs. They want to be they want to be that dumb Okay, we'll just use up all their reserves and we'll fill up ours for free You know what I mean if it costs us 30 we go buy theirs for 20 You know for us to the make it cost us 30 35 Why even make it? Let's just buy theirs. So I thought that was a I thought it was a great idea Then it's so they're actually gonna bring that proposals take 20 billion dollars and buy oil for the next 20 years for us And maybe just sell to us really cheap, right? Wouldn't that be great? And you know what if the oil goes back up the government's gonna make a lot of money So they're gonna be in the business in the oil business. I'm like, you know what we only for 20 bucks Let's just sell to the general public, you know, and they're gonna they'll make a fortune on it So anyway, I thought that was a great idea Let me tell you There's some pretty smart people out there. Don't screw around Fill every tanker on the ocean for and storage on saying You know what? I mean think about it If you could if you could buy something that cheap, right? Why would you not? Why would you not? All right, I mean that I just filled up my old tank. I feel like a jerk I wish I didn't fill it up. I thought I was getting a good deal when oil was at 35 now It's at 20, you know, it's just if you can if you can do it do it. You know what I mean? I mean, how much lower could it go? So anyway, let's go. So you got the watch list We got a we got apron. We got WT on TRF. We got IFM at K What's the market doing? I would get back down to 250. I'm feeling a little bit better It's not like we're down like a thousand a thousand a thousand But but anyway, market's gonna open up less than five minutes. I thought Listen Scalp scalp and scalp. Okay, do not I mean there's some great opportunities out there If you love a company and you really really wish you could have bought it a long time ago I mean listen, these stocks are at some historic, you know lows. I was looking at some of these stocks I'm like for crying out loud. They haven't been this low since 2000 they lost everything in two weeks. What do you think's gonna happen? I I predict they're gonna see mergers. You're gonna see hostile takeovers. Listen, AOL Apple is sitting on two hundred billion dollars When they when they passed the the new the new corporate tax law to for all the corporations bring their cash back here to US And they were not gonna charge him for it. What do you think that? Let me tell you what are you thinking to do there is even a rumor going around that Apple might possibly take over Disney You know, I mean at these prices, so they're sitting in a lot of cash So just keep your eyes open for that and look for and and look for buybacks Because I think that's gonna happen. Let me tell we're gonna get through this fast and you can even imagine All right guys, so and one last thing we got a new family member to the team John McGuire just is now going to be a new student He knows I like to make a big announcement those like to let everybody know, you know We're very selective who would let who we let as it as a trader in the room And who we don't want if we have let everyone in I would have a thousand traders in here But let's give John a big round of applause and let's welcome to the family all right guys, so good luck and Don't forget got class today. I know we had a little problem with with the portal page listen, everyone's working remote for the safety of my staff so Just want to be able to make sure it, you know, we're on it. All right So you got our IT guys on top of it, so we'll try to get that up and hopefully have it up sooner than later All right in the meantime joy class and see something say something guys and we'll see you back at 12 See you in class and then don't forget To register for the Metastalk a weekend event. Good luck everyone. Happy trading. We'll start commentating about five minutes Once the market opens up