 All right, good morning subscribers. Welcome back on this lovely Friday. Could you believe it's almost the end of the week already? Actually, it is the end of the week. What am I talking about? And it's unbelievable. It's been happening in today's markets We've got a couple of big movers that are moving and we're gonna talk a little bit about it We're gonna talk about what stocks happened yesterday. I mean listen. I did a video yesterday last night I couldn't help myself. I Came up with a word and I'm gonna call the new crisis We had let me see what the crisis that was in I wrote it down here in a piece of paper so I was involved in Write this all down last today Okay, so I was involved in the internet bubble. That was a crisis. I was involved in the financial crisis the flash crash The 9-11 Hurricane Sandy COVID-19 and now I'm gonna give this on a new name. I'm calling it the millennial lockout why am I calling it the millennial lockout is because Listen, we were all affected. I know a lot of us not millennials, but when I started when I started trading I was you know, I was 22 years old and you know What really ticked me off is that when stuff like this was happening? This is exactly what is happening right now and You know and the thing you have to understand is that What you guys are experiencing I experienced this back in 2000, you know back in 2000 I did this video yesterday. I don't want to go on a tangent like I did yesterday, whatever it is But listen, you should be excited this stuff is happening and you guys should be very fortunate that you're here Now getting involved in being part of it because I told you like the video I did yesterday This is just the beginning. Okay, but I'm just gonna give everybody a warning so I'm gonna go through the watch list I don't want to go spend too much time on it, but I'm just telling you right now back in 2000 Some of you know about the so-called the pattern day trader, you know about the 25,000 dollar day trading rule that destroyed the day trading industry Destroyed it. Okay, literally destroyed it put everyone out of put all these brokerage firms out of business But you know what it did do it didn't stop anybody Okay, because once they did that they screwed everybody, but people found a way You ever heard of FXCM, you know Forex, okay, what do people did they said? Well, listen, if you're not gonna let me trade I'll just trade Forex. I opened a cap of 500 bucks and I get a hundred times buying power Okay, what do people end up doing they went to futures. Okay way the end of doing we think options is going on options Didn't even exist until they passed that rule. So what do you think is gonna happen now? Oh, you want to pass some rules? No problem. We'll go straight cryptocurrency and we'll hide all our money You understand it's a catch 22 and they don't figure this stuff out. Look what's happened with riot look what's happened with With Mara Eli musks. I've made another tweet yesterday. I think he's putting his money in trust me You can't Wall Street is gonna do whatever they can to kind of clamp on what's happening You know, I keep saying in here all the time that Wall Street basically, you know, we always always bash Wall Street They always bash Wall Street. We want to go after those Wall Street guys Which makes me laugh because he's politicians. They said we're gonna make Wall Street pay. Yeah, right with meanwhile They're the ones that are actually paying them fit $500,000 and do speaking's okay. It just it looks good for window dressing. But the end of the day, believe me Who you decide they're on? All right. So anyway, I don't want to get banned All right, or I want to say things that will actually get me in trouble, but I'm just telling you right now you guys are in the greatest job the greatest business and You should be like I said in the video. I said last night if you can't beat him just join him Just join him, you know, not like go work for them. Just use it against them. Listen, we are just one person You know, like we're trying to make up. We're trying to live on our own, right? But when you got David worth Goliath, which is the other video I did talking about it Let me tell you you could see how we could really be a powerhouse, but as what's going on right now, listen Jose the system's so corrupt What's not corrupt Jose? What's not corrupt? Give me a I mean everything is corrupt, right? But I like the name millennial lockout. I was thinking about it. I was thinking I didn't calling it, you know the Main you know, we'll have you they say Main Street versus Wall Street Main Street lockout I like the Millennials because I think they're the ones that started the whole, you know The only people it all saw it Robin Hood and the old Millennials alive those so I figure, you know Let's call the millennial lockout. So let's start trolling that word. Let's see if it catches any traction But look looks great. What video last night on YouTube publicly, right? It was on it was Kenny It was on the YouTube actually posted a link right there On our alerts. I'll post it back on YouTube also But you know, I started going on a tangent about 22 minutes It might sound long but leaving you goes pretty fast But I told you a little history about where I started, you know And I went through all these crises and you know what you guys there's you're another we are in a crisis right now Actually, if you were in the COVID crisis, you want us that's your second one already and I said in my video There's gonna be a lot more. Don't worry. Don't even think about this. I hate to use this word But it's it's music to our ears catastrophes make Opportunities, okay, that's what it is. So as much as you think like people are freaking out. This is wrong This is right. You know what? We're in the business and you got to be like you got to laugh You got to let me like did you expect anything less? Do you really think like now you're seeing them be exposed actually, you know I want to say one last thing and then when I get through the watch list because there's a lot of stocks on a movie I want to say one other thing in my video last night I was talking about one of the greatest movies that every trader needs to watch it's called the big short Okay, and if you read the book It's better, but you need to watch like two three times watch the big short and you learn about the financial district I'm gonna teach you a little lesson, which you don't hear very often Remember it was freaking out about the banks. They will going out everybody's best turns all that stuff I mean some of the most money ever made on in that financial crisis. So anyway Now the banks were freaking out, right look what happened They were worried about everybody's taking all their cash didn't have all the cash in the bank They lent it all out that was crushing the banks So what they do they came in with their knees and they'll praying your president Obama could bail us out bail us out So, you know so as much as smart as the White House thought they were against the banks both let's say They got a bailout and who bailed them out you did right your taxes, right? Who filed bankruptcy on the house as you did and we're giving the banks a bailout, right? You ever heard the phrase if they're too big to fail and obviously they're too big they should be broken up Well, what did they end up doing? They had to do something they had to do something. So what did we do? We bailed out the banks, right? We bailed out of our own money, right? I thought that was the dumbest thing ever But I could see how how how it had something to do with it. So anyway, make a long story short What did they do they took the money they went in the stock market They bought they bought city bank at a dollar like I did right Two days later the stock went to five dollars, right? They went to five dollars and And in meanwhile the White House back then said, okay, we're gonna give you the money But we want you to give this loan. We want you to take care of this. We want you to be transparent We want you to give them a whole list. You know, they said yeah, yeah daddy. Yeah, yeah, yeah, dad Whatever. Yeah, just give me the money. Yeah, it's like like a little kid You haven't let your kids to say yeah, I just want to go out. Let's give me keys to the car Yeah, yeah, I'll be home. I'll be home at 10, right? No problem Meanwhile, they already had a game plan that they didn't tell you so what they ended up doing They bought their stock back and they went to they went to the White House and they give him a big f you and I said By the way, here's your money. We don't need it. They're like wait a minute. What do you need your money? You what about all the deal with yeah, we were thinking about it. And you know what we changed our mind We changed our mind You know what here's your money back because they just made they just bailed themselves out buying their stocks for nothing And that's how they made their money and then that's what really should you know Take you off more about the banks. So they're not that stupid. Okay, so please don't try to undermine these guys They let me tell you something they have the smartest of the smartest of the smartest people out there The reason why the reason why they have so much money is because they're good at what they do So be very careful about that What's happening? So anyway, don't get angry. Don't get upset. Don't worry about it You're in the right business. That's at least that's the good thing and the millennials now are starting to realize Because they're sitting stuck at home in COVID football season is gonna end so they're not gonna be able to gamble anymore Yeah, what are they gonna do? This this is what they're gonna be doing if they trade the market They found a niche and apparently they made these animals now they got to deal with them, you know and believe me They're gonna get they're not they're gonna get revenge these kids. Oh, I've seen it. They're smart They're the hedge funds they blow up. Well, like I said, it's gonna be a very it's gonna be a fun exciting You know another couple of weeks. This is not gonna end and like I told you They're gonna try to put restrictions down. You're gonna see it. You heard it here first how do I know because I've been through four of them five of them already and Believe me, they're gonna find a way They're gonna find a way and then we just have to learn to adapt. Listen. Look what they did with us with COVID Right, they locked us in the house. They says, oh, you know what don't worry the people who come back to New York City They're not coming back to New York City New York City is now a dump New York City. I live here I won't even walk there I wouldn't even go out there if you paid me to because I'm gonna get robbed Okay, it was the one the safest cleanest cities now It's the most disgusting city garbage bombs everywhere and they said although when cold was over everyone's gonna cut They're not coming back. Listen to brokerage firms already said, you know what? We're gonna move down to Florida Okay, so the thing is but we'll find a way We'll find a way listen. Those were in this business. You don't need to go anywhere. Forget about your old job Let's go through the watch list because yesterday was a fun day. We had a lot of stuff We had a let's talk about American Airlines on American Airlines was a lot of fun yesterday. I traded it right the open Stock I bought it right around 18 about seven o'clock in the morning You know, you've seen all this action going on with all this news that's happening with with with with Robin Hood Now they're opening up now. They're not opening up now. They're restricting the stocks. I mean, how about this? How funny was this guys when we were trading yesterday that everybody got locked out of their their Schwab account TD Ameritrade, I couldn't get into my TD Ameritrade until you know on my phone till like 11 o'clock It's like you know anything, but you know what? For some of you that joined us here for the first time a listening Guess what? We didn't have a problem dealing with our direct access firm And I said I talked about in my video. You just had the wrong brokerage account You had the wrong tools, but there was so many things that are moving yesterday that did great I'm just gonna bang them out because I'm gonna go through this list, you know I'm tell you I just I hate going on a tangent with with with what's happening. It's just that there was just so much going on Where's my list over here? Here we go. Okay, so we got what do we had yesterday? I made some nice big moves The list was freaking endless Okay, here we are just got much spring on my list. It was so many of them yesterday So we had the GBR that moved pretty nicely yesterday only from like five to thirty So listen guys, don't like make a big deal like all Bitcoin Bitcoin Bitcoin Bitcoin. There was so many of them out there, okay? Bitcoin was one of them. All right. That was just a fraction of the move. What was the other one that the KOSS? This was ridiculous. Let's talk about from 10 to 120. Okay, you thought Bitcoin was good This thing was just retarded and it kept getting halted another great great short squeeze that one you guys had fun with TGC was another one $2 to $6 great afternoon stock trade that thing just moved to a right place at the right time TGC and it was a CEI. It's gonna just it just just nailed just a few not too many of them What else we had the m a m a r p s That one went for $4 to $9. I mean, it's just like you have to understand As you're here and you're part of cyber trading adversity and you're in our cheap trap You're in our trading room by the way if you're on YouTube and Facebook live You always welcome to join us just like us friend us, you know pay the $9 trial will get you in there but um It's all controlled by supply and demand and I hope more and more of you starting to realize that because some of you Keep going out there and thinking like I need this indicator. I need that indicator. I need this newsletter I need that alert, you know, they mean like and at the end of the day like a lot of my students I call my crap. Oh my god. I deleted everything kept things simple, you know I stopped become a hoarder and you know with with indicators and now so it makes sense The more you have the more you got to think and the more trouble you're gonna get into what else we had We had the we had the h you With h u s a that was another one that had a nice little move Nice little level one stock to and the PED was also a pretty cool one. That one ran from a buck 40 to 360 All right, let's go through the watch list and what I want to talk about the stocks. I want to watch I want to do something different and what I mean by different is that There are Some of you that adjoining ctu, especially when you're new here. You're like my god. This is too fast You know whatever listen, I'm gonna break it down to about three categories Stocks that are for nice beginner traders a little bit slower something more intermediate and more advanced All right, but they're all moving the slow ones for you All that means is gonna run slower nice tight spreads other ones I'm gonna be a little bit more volatile if you're a student They're more in a category two category three and then obviously, you know If you're a 500 a thousand dollar day trader here at ctu, you're at quarter million dollar trader Then obviously I'm gonna tell you with the the higher more volatile ones that will make get you to that level So I want to start breaking them down other than, you know, which tradeable what's not so let me bring this up here Phil says he's locked out of vanguard to listen every I'm not locked out. You know people like how do you still trading? How you still trading? Listen, this is what you know, let me start off the level one stocks, right? LMFA, all right So stocks got a nice little tight spread. Listen, if you're an advanced trader, you could still trade it You could trade 10 20,000 shares you look at level three over there You got nice iceberg orders and get in and out of it. Just you know Remember you have to be in the game to kind of like trade and remember everybody You know, I joke around all the time, but please stop dealing with this demo mode Just buy one share of it. Don't listen to these people that tell you oh, don't trade until you make you do good in demo That's BS another level one stock is naked now. Listen, we trade the stock yesterday I don't know if she's a one or two, but sometimes she got a little more volatile yesterday. I actually lost money in this stock in pre-market Thank God I did I would have got really beat up But I killed it right back in American Airlines, but that one is a little bit more of a level one right now It might become a two look at the candlesticks. They look a little bit, you know 510 cents maybe SOS Nice little cheap little stock. No, no the stock that might be a little bit on your on your level if you're a beginner It's got a nice little move up 20% 4 million shares a lot of algorithms over there on that one now Let's go hop over here on something a little bit more volatile right Mara, you know all these stocks are obviously gonna be taking taking up move I think did I hear something correct that? Robinhood did something with with the Bitcoin or something like that that they're preventing Bitcoin trades or something Man, they got issues. They got some real issues. No, I thought I heard something of that They said they did something with Bitcoin When he says yes, they restricted it. Yeah, something You know who who told them to do that big brother. All right, so it's just you could buy ahead of time before Okay, is that what it is? Now a couple of the stocks do so we got we know those are moving ex PR another one That's moving pretty recently. This is the one that we've been trading to another stock. That's been on the short squeeze list Something that's been pretty popular stock went from like a buck to about $13. She's got some nice little higher highs nice little Low flags over here not too bad Barry on on YouTube says Barry says no Robinhood to stop trading on GameStop and AMD Expect to expect today you can buy them again But I thought I heard something Barry regarding about what they were doing something with Bitcoin to that they've restricted something with that but um So you got ex PR and obviously, you know Blackberry listen stocks took big hits if they unrestrict them you could trade them listen a Lot of us made a lot of money Okay, a lot of money more than you were supposed to make or anticipated I was gonna give everybody a warning. Please. Don't get cocky. Don't get greedy. Don't get cocky, you know Still keep that mindset, you know regarding about your days pay today's Friday. So be very careful I think it can get pretty hairy because I Know for a fact that if these brokerage firms they just want to get this week over There's just been so many fireworks right now. So you might see a lot of action going into the close So I want to keep an eye on that Stocks would be more volatile, which we already know about AMC is moving great Got beautiful fowl still flags on that one a lot of algorithm stock traded 54 million shares Okay, how many of you out there, especially on YouTube and Facebook live are still saying what I can't get into line 30 And then I try to get in believe me. These brokerage firms have the algorithms. They know your orders Okay, watch the video again last night. I talked specifically. I tell you They know what you're buying and selling Okay, and I'll give you a point and last and last and last hopefully by the last time I say it but What do you think they do? What do you think they why do you think ticket charges are free? Think about that. Why do you work for free? Do you work for it? Why are they giving free tickets? Why you should ask them that question ask that them a question. Why are you giving? What how do you make money? That's that's the way I look at it think as a business. How do you make money? Why are you giving free? I used to pay $20 a ticket and I used to make money then cost me $40 getting out of it Today you could work for free, which still freaks me out how people still can't make money in trading Okay, and secondly, how do you make money? Ask them that question and you exactly right Steve? It's called order flow. Okay. What do you think they're doing right now? Robin was Was killing it with a overflow and they know exactly who was in and out it and that's how they trade the algorithm That's what we teach here, you know, and that's what it's all about stocks a little bit more in the faster list Okay, obviously we gave stop everyone's keeps talking about that one So we know that one's gonna be on there. Just don't trade too many shares of that that stock is pretty hairy and That's I don't know what happened with this thing. This thing just took off It was up to $220 stocks of 57% stocks like 60 70 points And the RKT is all for traders that are more advanced guys that have been trading for a while here at CTU Some of you that make about a thousand plus to about 2,500 these stocks are pretty much up your alley So remember it is all different levels of stocks out there. We got the beginners the intermediates and advances All right guys listen Simon's going on a chant. We got about 10 minutes before the market opens up I want to get ready to all you guys in the trading room Like I said, if you're watching us in YouTube Facebook live If you want to come and join us click on the bottom like us friend to share us Do the trial for $9 a week come and join us all day in the trading room And you'll see why we're the longest-running school in the industry and the most popular and the most Recommended by brokerage firms. All right guys. Good luck. Happy trading See you in the trading room. We'll start commentary in the tribe in the state room in the next five next 10 minutes Good luck everyone see you back here at 230