 Good morning cyber traders welcome back on this lovely Monday the 2nd of February has everybody doing good to see you Phil Grant good to see you Wayne everyone good to see you all Bonnie Jean everybody welcome back hopefully everybody enjoyed their beautiful weekend It is crappy here in New York. It is actually gonna be miserable the next four days Hopefully it's nicer in your neck of the woods, but it's time to get back to work everybody trading is here We're a full force and obviously the coronavirus is not getting better Looks like it's gonna get it's getting a lot worse and then what it is So anyway, I got a good announcement of some really good shorts I think that we have a focus on also a couple of good news coming out on some other stocks But we all know this is a typical Monday Not really that much going on on a Monday. There are a couple of interesting stocks that made some decent moves You got this one stock up the top 80% already this stock right here the VT VT We'll check it out We'll look at some of the moves and we'll check on the book viewer On as I told of you and see what's happening there, but before we do that Let's just touch upon what happened on Friday. We had a couple of good stocks, you know Not the greatest, but we had some decent stocks on Friday. I want to just touch upon I want to start off with interest Nice little stock kind of like that stock had a nice little earnings announcement gapped up pretty nicely But apparently didn't like it as much as they thought it would be and it's kind of trended down that one stock Kind of was a nice little short right when earnings came out ZGNX another one that we traded got destroyed Which by the way, I'm still keeping this up on my watch list and I'm gonna add it to it But the stock was such a really comfortable short all the way down from $40 down to 32 and then also the uber trade uber did really really well after hours on their earnings and You know a couple of brokerage firms put some nice little targets out there I think Morgan Stanley put a feta target on it and you know, we've been trading this stock all the way down since 26 and Still ticked off. I didn't keep my my several thousand shares. I had at like 28 29 But you know what happens, you know, I bought it back listen It's nice great traders never to buy the bomb sell top It was buying between but if this stock breaks 45 the IPO prices things off the races So, you know, but right now it's kind of holding steady here around these prices now regarding about what happened and what's going on to more this morning Yeah, I saw that storm John that was pretty terrible that little storm you had right there Oof up in the UK over there hit Scotland today. The guy was almost like a major hurricane 150 mile an hour When'd you guys that I know is reading something about it? Hopefully you guys were nice and safe Well, anyway regard look the good thing about hurricanes is bad thing bad things They calm the good things they leave bad thing here is that we got this coronavirus It's actually getting worse now I just heard reports that it was being you know now they're saying that China is basically working on chemical warfare the way Because they were basically testing this in labs So I guess they have a lot to talk about that over the weekend, but it is getting worse a lot more people are getting sick 97 or more deaths. I'm looking over here or 3,000 more cases doesn't look like it's getting better than worse But what's the big news about a grant coronavirus? How are you gonna profit from it? Well, of course, I hate that word But you know what there's some companies, you know, I always say Catastrophies do make opportunities and I do want to talk about what you've been hearing over and over and over over the weekend How is you know forget about what's going on in China? How is it affecting everyone else around the world? Crew ships cruise ships are getting destroyed. Okay, so you're not hearing too much about them And I want to bring them up really quick. I want to bring up We'll start off with Carnival air carnival airlines you guys have you been watching these these these these cruise ships? They're getting destroyed. I mean they were doing great recently But look at it carnival will drop down from 51 down to 42. Nobody's talking about it You know, nobody's talking about the about them and you know what they're really getting crushed And you know what is it too late to short them? I don't know. I mean listen You hear one of these cruise ships that come out and and all of a sudden something happens in one of the cruise ships Nobody's going on these cruise ships. Okay, I know they're really taking some really big proportions But you know what until they fix to figure out this problem. These stocks are gonna take a big hit CUK is another one. Okay, another carnival one. That's out there. Look at 49 out to 40 art RCL Real Caribbean another one getting decimated 135 down to 111. Okay. Look at it's down 1% They're just dwindling down little by little Norwegian and CLH another one not Terrible as much the other one, but maybe they didn't get hit yet But they're all getting hit and if you're from another country, I know you got other shipping Cruise cruise companies around the world that traded other parts of the country keep an eye on guys You know when you hear one of these stocks getting one of these ships getting docked, you know And if it's a public company, I mean you got to do what you got to do indeed. No one wants to get sick I know Grant. I mean listen, it's when you have a cure for it. You know, it's it's terrible So anyway, so that's the bad news. The good news is this. Okay, let's talk about Tesla All right now we've been trading Tesla for a while and rumors going out that it's showing up right now It's just watching on Fox business. They said that Google might consider buying for $1,500. Is that unbelievable? Congratulations to all the Tesla employees. Yeah, we keep talking about the owner Yeah, but the one talk about the Tesla employees all those Millennials everybody I mean good for them if that's the case First of all, there was a huge short squeeze in it. Now The squeeze is gonna be getting a little little interesting now But but if that's the case, I would keep a very close eye on this Tesla trade Now I know a lot of us don't can afford to trade Tesla which is perfectly normal, but you know what you know I hate options. Well, maybe this your opportunity to maybe do a leak on the stock You know anything look what's out there. Hope you can get a good deal on it By the way, we are gonna be having Tom Sostoff the godfather. I think the greatest options trader in the industry He's gonna be coming on tomorrow. So you better not miss tomorrow with Tom Sostoff coming on All right, so we got that going on. We got that's the good news Let's talk about some other really big winners We're gonna start off with this VTVT trade. So the stock I logged in this morning. I saw a really nice move I had a nice little pop. I was in around 730. It was at 340 random four dollars back and off a little bit I was looking over here on the total view and you know, I'm seeing some big sellers right here around four bucks It looks like it's kind of testing at resistance couple of iceberg orders out there not Ridiculously a lot. I mean already 600 700,000 traded on then on total view three three million traded overall in the market So it looks like let's see if it holds here at the support levels I got a I see is that I got some decent buyers here at 9000 right around 370 AMVM I'm sorry. It's about that wrong ADVM Another one came up on the watch list. It's not you know, it's up 17 percent 200,000 shares It's kind of tita tottering right here and not the greatest pre-market out there, but listen, this is a Monday. So Not a whole lot out there I'm throwing bingo out there just for one reason It's up about 10% a million shares traded a lot of you remember bingo. We traded in October. It went from a dollar to a 450 Go back to journals. Check them out. You know class starts today. We start a new cycle of the classes You don't get to talk about this make sure you in classes, but you know Especially talking about our journals remember the stock was a nice mover a lot of you guys did well Put this on a watch list, but as of right now, we're not jumping into anything This stock taking a very very big hit My oh remember up to 10 up to 40 look where she's back down to 13 Another great short squeeze a lot of us guys made a lot of money on that stock But once again always take the money we always talk about that all the time What else we got here? BHVN So this one took a little bit of a correction this morning, but she's making a little bit of a comeback So a little bit of a bounce only bad thing tier size are very small spreads very big All right now one last stock I want to talk about a very good good swing trade because one of you actually brought up was asking me about it And was it so I brought it up? Frank Frank M. Who's asking me about it? I want to talk about CSQ. All right, so who here has CSQ? we've been trading CSQ for a few years now and Was told to me to some really really good analyst tell me a little bit about it a lot of you do got as a swing Okay, so CSQ has been on a huge tear huge tear and a lot of us got into this stock And I want to bring up the yearly chart because I think it's important So I bought a lot more when it when it back here in 2019 when we had that nice Christmas crash But anyway stocks up very very big. I don't know if you guys guys read the news on it Anybody read the news on CSQ? So for some of you don't know the stock. This is a actual public mutual fund stock. Okay, this is why I love the stock so much This stock pays you 8.5% interest a year the difference is it pays you every month You don't got to hold it like like like a like a CD in a bank for a year and then get paid 2% this company pays you every single Month on the fourth now the reason why it's up. They raise their dividend from 8.5 to 9.5 Up 12% they raise a dividend. They're making so much money in the stock market. They just raise their dividend Which is unheard of so that's one of the reasons why the stocks going up So I'm just bringing it up because some of you know that we've been a big fan of it You know not only do we day trade but we also do swing trade and the stock obviously has been treating us very very well Very cheap little stock and it looks like it's gonna be testing a major major resistance levels going all the way back Actually did broke it. I think it broke it actually it's a little bit further than that But I think I'll close to 15 so Stocks doing really well Right. Yes Wayne. It's compound monthly, right? So let's say you make that Less than 1% at least you made that you made that interest on that money So very safe slow moving stock. All right, but anyway, if you guys got it I just don't know if you heard you heard the news about it, you know They just raised their dividend, which was awesome. That is amazing. By the way, it's not the only one They have they have a few of them That's not the only one they have I think there's like four or five of them a little bit more expensive So I'm paying more dividends than this, but they obviously cost more money. Anyway, all right, so listen It's Monday. All right, so we know Monday a lot of big things going on classes start the new cycle of the month Starting today. So we're gonna be starting those classes at 10 30 So we have give you guys some time to train the morning So make sure you aren't those classes So Josh should put the link up there for all of you guys that are students make sure you click on it Secondly keep an eye on some of these stocks keep an eye on that Tesla trade I'm really curious about that buyout. Also a lot of these crew stocks Regarding about the short, you know, listen, like I said, they're coming up left or right And it was some of us even getting a little scared going on these cruise ships because of it Including myself because I'm gonna be going on one next week. Unfortunately Disney cruise. So hopefully I think it should be All right, Disney did take it very seriously here in the US. It looks like a lot of them more overseas All right, guys. So good luck today. Happy trading. We'll see you in class and we'll start commentating in about About 15 minutes when Mark opens up. All right. Good luck everyone. Happy trading today