 Good morning cyber traders happy Monday welcome back everybody nine o'clock this morning here in New York Hopefully everybody's enjoying their day get ready to start a new week. Good to see you Grant Norman Good to see you John mark everybody everybody here on YouTube Facebook. Welcome back What we got going on here we got We got two we got four Wonderful weeks coming up. We're probably gonna run out of market movement Probably going into the third week. I'm just turning around looking at my calendar behind me But probably right where we get around the 20 of things gonna probably start slowing down a little bit Going into the Christmas holiday, you know Christmas today Christmas falls on a Saturday So we got you know, you got Christmas Eve. That's gonna be on On that Friday. So you see things start slowing down right around there. All right, so anyway We're gonna do some we're talking about what happened last week a couple of things made some nice moves You saw the volatility that we had last week. Bitcoin's taking a nasty hit I can't wait to you know, I love to see what Josh's thoughts are on that but um, you know, listen That is a very volatile, you know stock. Let me You know a market and you have to explain to you why it's no different than the stock market You know, we see stocks go up like huge CD short squeezes everything like that Get remember, there's only X amount of coins out there, right? So what happens? It keeps changing hands When you have a stock that has a lot of shares out there like for example like Ford we traded Ford last week All right to move Ford takes a lot. I mean already traded one point one point two million shares If you look on the volume, which by the way, they really ever talk about that much I'm gonna X Josh about that. He knows more about it. They don't really talk about the volume that really trailing talk about what he's doing But when it keeps changing hands if it changed a lot, it makes it more volatile So that's because there's only X amount of coins out there stocks are exactly the same Somebody stocks that don't have that many outstanding shares out there And we don't have that many outstanding shares It makes that much more volatile and it makes that that much more, you know Crazy as much as it dropped even gold went down and and oil looks like it's up a little bit, too But about what's going on last week. Let's talk about that really quick And then we'll go through some of the stocks this morning because we have phase three today Which we always look excited for we're gonna go out there and take what we learned and put it to the test Remember, it's about not controlling the winners. It's controlling the losers. So a couple of stocks out there We're gonna talk about from last week. Let's start off with the Cf vi. All right. So that stock, which may changes to a two-day chart right here So you could see that stock gapped up again this morning I'm gonna put this back on the watch list the the the Cf vi Just be very careful. It's got a big spread. It already traded on 11 million shares and we're not even rolling like Jeez, but even marks that got 25 minutes to go But it had a great push in the afternoon You could see it right here started around $10 shot up to about 12 went up to 16 The stock just you know a couple of days ago was literally at you could see it was at 9 So nice little move on that stock, but once again very very volatile, okay? So want to be careful with that see why? Cyd another stock That was a pretty good mover had a couple of nasty shakes out there That was a little bit more of a more of a controllable stock What else we had? Oh, yeah, all the you know, these also are taking big hits I mean the you know now with it with the new virus said there's another strain out there Travels as stocks are getting really hit you could see it happened over here with Carnival cruise lines You could see what's happening with you know a lot of the airlines So on they're trying to come back a little bit. I told you this be very careful Going into this month on thinking about I want to position myself in some swing trades And so on I got out of pretty much all my short-term swing trades And it took a little bit of a loss there too. I'm not gonna lie You know because I'm getting this rally and you could see the you know the market same thing It goes up it goes down and it's been on a downtrend So don't be fooled by seeing the market at 250 points You need to see consistency of two like three four days before you could really justify it But one day we're up one day we're down big one day we're up next day we're down big Would you know how many times have we seen the market? We're up in the morning and and then we get around 10 o'clock and we're at your negative So it's just it's a lot of head fakes going on. What else we got? Yeah, Ford's doing pretty good. Bill says You I'm moving forward build. Yeah, I wish have that would be that would be the day Right and all those stocks are taking very very big hits too because of Bitcoin You could see that right was at $40. You know just in the beginning of December. Look. It's already down to 25 Mara Same thing, you know great run up stock was at 30 back in October ran 80 really taken a very big hit And it all started from Friday. You could see how it's gapping down pretty big all those stocks And then also another big thing, you know, I was talking to have a couple of family members of mine Like my nephews and stuff and they're all part of the the Wall Street bet stocks and they're looking at this they're looking at the AMC and You know, they still believe it's gonna come back. I said listen when that stock breaks 30 Major support levels the stock can go down. You could see it where it was at 10 It really doesn't have support levels there been trained there last couple of days But gotta be careful with this AMC stock had a big hit more from 31 down to 26 It's a major hit, but it made a big recovery. That was a fun stock also to trade But once again, it was Friday it's not a typical type of day to trade with days like that so we really didn't have that much of Activity going on when it comes to that afternoon, but I'm AMC's games over probably Norman saying, you know what I The people is still out there believing on this crazy short squeeze out there, you know, they still believe it in that So listen the volatility is there now thinking of that play game. Listen, you but being here so long You probably know this there's always a new a new day and there's always new stocks to trade So, you know, listen to Bitcoin great story great run-up, you know Some of a lot of us more of us and then have missed it, you know Listen, there's always gonna be another thing the virus the financial crisis, you know, the Wall Street bets crisis I mean, they're all out there. Anyway, let's move on. We got a bunch of new stocks out of trading this morning and Wish they would have shorted to draft came Let me tell you something, I'm glad I got out of that stock my god, you know I really took a I would have took a huge hit on that stock right there on Draft King so I we made a lot of money on draft King But you know, what's what's once I broke that 45 and I'm like and then we tested You know, we didn't have problem breaking that 50 says, you know what nuts enough I got out of it and look where it is right now. That's the big thing that you have to learn here at It's not about the winners nobody talks. No one likes to talk about how what a great job you did They always when you're in any job or if it's the police department a fire department a teacher They always critique you what could you do to be better? She'll make those mistakes And you know what when you look at something like that you like damn Thank God we did get out of that position because that really took a big hit Anyway, let's look at some stocks that are moving this morning because there are some things that are moving pretty nicely You got this one stock right here TACO you could see how it literally was at $7 now The stock is literally right now at up 64 percent This is what you call a buyout without even looking stock went up about 25 cents in the past You know, I don't know. I don't maybe didn't find out what the root true buyout is but I could just yeah right away Michael I want to buy out is but when you see something like that right away, you know, it's a buyout so Can you make a little money on that? You probably still can depending on what the buyout price is, but it's not going to go anywhere So just be very good. That's like on the sea list. Okay? ACET so this one moved up pretty nicely this morning. It's up about 42 percent 5 million shares Tier size is very very small. It's got some nice support levels here around 1350 So I like that little support levels there 1450 is some major resistance levels We'll we'll see how that thing goes where it comes to that Got a couple iceberg orders. I could see right around those price range It's not really going anywhere right now since 745 this morning Yeah, I guess that's trading within that ball of range and it's starting to build more looking at it more of a I would say a funnel, you know, but 1350 is a big support level. So we'll keep an eye on that one To MZ another one nice big pop cheap stock Nice tier sizes. It started just around, you know, 830 went from like this $60 went up to 240 starting to come back down. You could see back here has resistance levels Right here back in when was that September 8th kind of tested it came right back down It looks like a pretty volatile stock though. I mean for the stock to go I mean that one candlestick right there that thing moved about almost 20 cents. That's a lot With a tier size like that, you know, it doesn't look like a level one stock I tell you that right now definitely to probably even a three that volatile But but you know what volatility is there and we're gonna trade that AR DX Nice little trend. I was I liked this stock earlier. I don't know what happened Had a really nice push had went from a buck 55 shot up They're a little shake right here went to a buck 70 came right back down looks like it's testing support levels I like this stock because right here you could see it if it fills in the gap This is stock who we've trained the last couple of days went from a dollar has been doing up pretty nicely But if it could break this listen if it gets past this This high right here 215. I mean this thing is a bit could be a big gap fill right there So that could be off to the races. So that one I like that stock also to see how it opens up See at VI is another one I found this morning This stock also like I said is when we trade on Friday. It looks like she's gapped up pretty nicely this morning It is on the volatile side. It looks like she's starting to make our lows So, you know, it's got some support levels from 6 a.m. Up until about 7 if it breaks this the stock could probably break down a lot Don't really like I'm not really a big fan of trade stocks are up that big this morning from especially from a Friday But today is a Monday and we know Mondays and Fridays and not the best days to trade I've made the rules remind you so don't get cocky. Don't get greedy, but But other than that markets up about 270 Don't Just try to focus on nickels and dimes. Alright now we got phase 3 today and remember today is gonna be exciting part of the phase 3 I know you guys just finished phase 2 if you're a student if you're a golden platinum If you want to get into the classes talk to education advisors If you're in if you're in the cyber if you're from YouTube and you want to know more about them Just just do the trial and get into the trading room but but we're gonna focus a lot on these entries and exits and You know and having more of that game plan that's really we're gonna look at alright guys But other than that let's go out there make some money and and try to control those losses so you got about a little bit more than 15 minutes before the market opens up let's get into class and You know Josh will be running the room and rich will be back on Wednesday He's on vacation if you haven't noticed so we gave him the day off gave some days off to enjoy before we get You know this is really kind of slow time of the year So really don't want to get too crazy when it comes to trading. Alright guys. Good luck. Happy trading. We'll see you on class