 All right, time for traders let me get a little chat back. Have you guys can hear me? Okay? Just want to see if everybody could see everything and hear anything good to see you Good morning Neil good to see you Debra Ray Jean everybody on YouTube everyone on Facebook. Good. Welcome back What a crazy day I say my phone was blowing up from From the West Coast from the East Coast. I'll tell you it was a great day yesterday I mean everyone's probably going nuts looking at like every reddit stock and everything else They're looking to go crazy looking at today. Let me just remind everybody, okay? You know we get a lot of people that want to know more about day trading and then they find out It's not for them and I said, you know what I kind of like what I do like the swing trade where listen Let me explain something to you You have to learn how to day trade first because you want to be a good swing trader How are you going to know how to swing trade? If you don't even know what's happening over the course of the day, we were trading AMC Last week when it was at $13. Okay, and I mean, I'll even bring this up I brought this screen. I saved this screenshot a while ago I'm gonna bring this up to you right here. Okay, right here This photo was taken last week. Okay, AMC had a 700,000 shares seller at $20. By the way, where did it go to 75? Okay You I'm gonna tell you guys a little bit about what's going on a little bit more And how do I know and I listen? There's a lot of people out there that are going out there and saying, you know like oh, you know There's a lot of you know bad information out there Okay, and everyone's got got their spin on it. Okay I've been doing is for 25 years I have a sense of I know what's going on and I'm gonna share it with you I'm gonna share with you because that's what you get to be part of Cybertry University You get the experience. Listen when you're involved when when you had the the internet bubble, okay? But you guys don't even know how that all of you started. What was the internet bubble back in 2000? The financial crisis, okay back in 2007, okay? You want to know more about it go watch the movie the big short and probably have to watch it three times understand it the coronavirus, okay Hurricane Sandy we got New York Stock Exchange was shut down for almost a month They were just there was just so it did so many things that I've been through that I basically you being an interest to know but let me just tell you put my spin on it Yesterday The option market broke an all-time record. I think it was like 90 million 90 million shares or something like that, right? Yeah, it's a you know now they're talking about on CNBC. That's all Fox. Thanks much Tina Tom sharing that and you know that too yourself been around doing it for a long time 90 million shares broken all-time record. Okay, so let me tell you what my spin on this whole thing about I know you guys are like they they're reddit stocks. It's like David's worth Goliath And you know, they're not gonna sell this in that so I know everybody wants to learn about the option market Okay, I'm not a fan of the options because I'm a New York guy and this is the New York Stock Exchange I was trained and plus to trade New York the stock options is almost like 10 times harder Because you got like a commission you got a spread and you got you know commission spread and you got time What happens in the option market you have to Cover the option you see what's happening I don't think I understand what an option is an option in my term is like being as like shorting a stock You're borrowing stock You know from a clearing agent telling them that you're gonna pay it back, you know at the price you borrowed it at Okay, that's why a lot of people get scared about shorting. Well options is it is a lot It's basically a modified version of shorting. Okay So for you what's happening is that people know that they can't go out there buy an expensive stock So they'll they'll let so they'll trade the option market, you know, like game stop where it is They're buying the option a lot cheaper But what happens the company that sells that option has to basically Cover that option and buy the stock because it goes against them So they're getting whacked on two sides people are buying the option They're all flooding the option market and whoever's lending them the stock is Giving you say hey you want to take that dumb bet? No problem. I'll give it to you And I mean while that dumb bed was not so dumb. Okay, and then they have to holy crap I mean, I I basically sold an option like, you know, whatever like $40 out of them out of the market whatever at $30 some guy hold cows coming up there And I'm like I better cover they got a bite and that's what's causing it's a chain reaction. So Regardless of these people like you're hearing like oh, let's hold let's hold, you know I even got a couple of emails from You know some of my my young younger nephers telling me that people are taking their stimulus check, you know They're unemployment check living at home with their mom. You think they don't even need it to live They're just taking them by more AMC. That's what they're doing. It's crazy what they're doing. So On Why do options even exist, you know, Carol? That is a great question. It's the same thing. Why do ETFs exist? It's just another way to play the market. Somebody comes out with a great idea and it works out and that's really what it is Okay, it's just another way for hedging or whatever it is Listen, you want to call this a casino? Whatever it is. It's just another game the way to pay the stock market I'm a little bit more black and white. I just like to trade the stock. I don't like to deal with that stuff But because I know people blow up their accounts more than that Listen, you want to you like playing craps? You like to play Russian roulette? You know, yeah You can win a lot of money, but you can also get yourself killed. Anyway, let's get back to the market because there's a lot of the stops You know what to on YouTube, you know what? You're right. I like options for one reason one reason only for an insurance policy That's really a great reason and that's one of the biggest things I preach for options more for an insurance policy Okay, but anyway, let's talk about what's happened yesterday. Let's talk about tapping today. First of all PLPR You guys are thinking reddit stocks are moving. How about this stock? Okay, this stock went from 20 to 90 in the middle of the day at 1030 ran at $24 nice easy move Listen, there are other stocks to trade other than you know trading the Wall Street bet stocks That stock did pretty well another stock that did really well was was pot stocks. What's going on? I mean the pot stocks moving all over again TLR. Why we made a fortune on TLR Why okay stock at 2 o'clock ran from 1750 up to about 1950 a gap the pretty big that's going back on the watch list today It's another stock that's moving that we're gonna be watching in here at Cybertrain University in our live trading room That stock did pretty well. What else we had here OCG N Another unbelievable moving nice stock. Look at this stock at 230. This is where the money's being made stock Went from 850 took off did a fish shake made a falstow flag busted right through ran in 920 Did another falstow flag boom right back up to 850 This was a great runner in the last hour of the close remember for some of you here that think like You know, maybe you're watching this as a video maybe because you missed a morning meeting out here live Whatever it is, but you could trade over the course of the day remember you got the first hour in the last hour I don't know how many times I got to repeat this But I invented this mouse pad a long time ago when I first started trading Basically It was a piece of paper that was given to me from my mentors Frank Ferrara You know what are my mentors as a day trader and I basically put in a mouse pad always reminds me you can always buy this For $7 on our website. Trust me. It will save you thousands. Okay, but anyway timing during the day is very very critical It's not always, you know, always, you don't know we trade all all day long Listen, I can go down the list. This was another stock that had a really nice move SKLZ we did well this in this the trading room Really didn't pick up any decent momentum until about, you know, right around 930 But this one really started picking up great falstow flag Nice little trend went up went up went up went up went up to about 1950 and then right around 12 o'clock Then just basically just took off it went up way too fast 1950 all the way to $23. Okay So that one obviously did pretty well and like I said, I can go through the AMC's this stock did great You know, this stock went from 40 to 70 Blackberry did awesome looks like everyone's jumping in blackberry by the way all these stocks are back on the watch list KOSS and all the stock listen. This was the Wall Street bet stock Listen, this is the one that ran from like $3 up to about 130. It's amazing how these things could be manipulated In a market also that bathroom beyond another reddit stock did great yesterday 27 all the way to about 39 listen, we were joking around but it was literally just pick your weapon pick your weapon You don't bring a knife to a gunfight. It just does not work Okay, so if you still want to deal with the people that looking at like oh, what are what is Facebook options doing? Listen, you got to go where the money is and this is where it was and we it was just a great overall day in trading And you also had workhorse that did pretty well going into the clothes you could see that also nice little push I mean literally right after hours things just took off workhorse is pretty fun stock too. We trade this one And you could see these stocks got hammered But anyway, let's go back to what's moving this morning because there are a couple of stocks that are doing pretty well This stock was obviously our best movers so far this morning. I still own it. I bought it this morning Where do I own it at? I bought it at 52, you know, I got 2,000 shares of it But you could see it right here. Let me blow this up on For some of you that are not in our cyber group trading room on You obviously all know that you're probably some of you watching YouTube You're probably not seeing this, but there was a really nice little move right here I was like, you know what the stock is building the fowl still flag and I'm like, you know what? I'm seeing this thing starting to build some momentum here and Right around here when I saw that I was doing something that's what we were taught called Consolidation and for some of you don't need to know this you damn well better know this and Right here when I bring this up. Hold on. Let me bring up the level four Which by the way today at 12 o'clock. I'm gonna be doing an event on this event So don't miss it register At 12 o'clock open house here at Cybertrain University. So Right here when I had that big seller right here, you could see he was got executed I saw those orders. You see all those little green bowls. Those it means that those are you know, I'm a tape reader So basically it tells me that there's a lot of buying going on Then it was this big fat bowl right here You could see it right there and bold the thing just literally ran and had a nice nice move It kind of tests this resistance the guy is a guy out there right now Which you probably guys don't see it, but you will learn it here But there's a buyer out a seller out there for 44,000 shares 11,000 17,000 So you're talking a little bit about seven about 70,000 shares out there looking to be sold That's a lot of damn chairs. Okay. That's why it's having a really tough time breaking it So you know what I'm gonna probably just get out of it right now. I'm not gonna I'm not gonna play I'm gonna I'm not gonna play with fire Let me just sell it at market We go out there on Nasdaq. All right, I'm out. I'll take the 750 just to hell with it. I'm not gonna play games Let it break it if it breaks it then I'll buy it back. Listen, you cannot go broke taking profits Okay, I tell everyone that you know, that's one of the nice little slogans I always say here at Cybertrain University can't go broke taking a profit. All right So tell was doing pretty well. That's back on the watch list. This stock is getting crushed TIRX. Oh my god Can't help it can't help it but this stock is getting hammered. I'm gonna keep an eye on this one We're gonna keep an eye on TL ROI. It had a really nice push in pre-market around 5 a.m It came back down that stock looks like it's gonna have good volatility today GTT is also moving pretty nicely. That was one that we traded that stock was another one from Yesterday that was go. I've got to mention that one too, but that one did great yesterday and she's moving again I mean this stock was down to $1.60. She ran to 260 nice little falstow flag breaking up. Yeah Well, it's got it does got a little bit of a second push. Let me go look over here on level four Let me see what the buyers are doing and sellers are out there to remember. It's all about following money by the way that That's seller out there on jeet tell is still out there. He just look like he added to the position. You could see it right there Yeah, we got a so basically we got going on right here. We got it We got this seller it got done, but we've got a big little seller out here around 350 We need to see what what happens with that guy? He kind of see went up there tested it and it notice how never got there You know pretty funny how things how things work, but anyway nice little move that's going back on the watch list, too BB's going back on the watch list and we got another one. That's moving actually This one's moving pretty nicely we trade the stock the other day Remember the stock went from six dollars to sixteen. This is back that we traded last week and it opened up at two. Oh Watch the video on on on that day. What day was this? What day was that that was on? The 27th you go back on our YouTube channel look on that day because we trade that stock that thing was Ridiculous great short squeeze by the way great short squeeze But it now looks like it's making a little bit of a gap fill which is look which makes it I kind of like this talk a little bit better than the other ones does take a lot of shares to move it though Okay, look at trade six point eight million shares already this morning. So there is a lot of I'm I like that one Kind of favoring it as we're watching it and then we have the clov that also is moving pretty nicely to this morning So that basically does it anything I'm missing cyber traders. I did not call out I know we covered a lot. We talked about the reddit stocks. We talked about, you know Options market moving we talked about, you know, what moves yesterday. Hopefully you guys don't make that mistake and you know and Don't worry about yesterday, you know, the page has been turned today's a new a new chapter. So anyway, don't forget today Before we go everybody, you know, we have open house here at Cybertrain versity and Let me just bring it up here for you. So if you have not registered yet I'm going to teach everybody more and more about what we're talking about here at Cybertrain university at 12 o'clock So just basically you can see it ends right here event details And I'll just give you guys the link so you guys can register so just click on that link and Basically how to trade the next earning session is what we're going to talk about today. Alright, and that's at 12 o'clock today So we'll see you then and then we'll be back doing talking about the afternoon meeting at 2 30 So cyber traders, let's get ready to make some money as go get Let's go fill up like we said, let's go fill up our nice old Cybertrain University cup of coffee right here and get ready to do some trading. Good luck. Everyone happy trading. See you back at 12