 everyone and welcome this is Melissa Armo the stock swash and I'm reviewing the market here two o'clock on Monday whoo rough start to June for the market rough May and a rough start to June so let's just take a look I mean two hours left to go where we're gonna close nobody knows but here is in fact let's just go back and look at the whole thing here so this is this is the market you can see the move that the market has made over the last several years you can see even the move that the market made from 2016 the giant mungus move that we had up hit brand new all-time highs so many times over and over and over again so you know I think people were getting a little greedy thinking that this market will continue going higher forever particularly after December when we rallied after the sell-off in December we rallied straight up like a rocket you know and we did make new highs after that and we just did that actually before the drop-off but what I'm seeing here is just way too much weakness in the markets to say that we're gonna move higher right now the second with any follow-through that does not mean that we're not gonna have green days here or there of course there will be days from the market rallies there will be days where there are green days in the market we even even if the market was in a downtrend which it's not and I'm not saying it's gonna go in a downtrend but even if we were in that environment you still have rally days you'd still have green days you still have days that there would look like if there's buying or you would have short covering which would be green but anyways long story short let me just see here the low 68 very tricky here but I guess the the the point that I want to make to people is that this is a very tricky market it's very volatile be careful do not be buying dips in this market I never suggest for people to do that even if we close brain today even if we rally tomorrow I don't see the follow-through here that's gonna lift the market back up and around and over itself to head up over the high again anytime soon so know that know that going in and if you're long I would be in short-term longs and it when you get up in the morning if you're in shorts which I've been calling I've been calling a lot of shorts and they're and they've all worked so you know when when you see this environment right now you have to really know what you're doing it's stock specific and that's what I tell people to look at stock specific stuff where you don't need to be watching the market to get a good trading to get a good move because this market is challenging to read I've read it well I I will continue to read it well I'm very good to read this market but it's because I read gaps and a lot of people don't understand gaps and a lot of people are looking at supports are looking at resistance are looking at moving averages are looking at pullbacks most people to trade the market 99% of the people that are out there training this market do not have a clue how to read a chart based on gaps and gaps are very important and if you come and you learn from me you'll understand that you will your eyes will be open wide if you do my golden gap course because you will see and understand how important gaps are but I'm telling you that 99.9% of the people that are trading that are out there that are managing funds that are stock brokers that talk on TV with me people do not understand gaps and they don't understand how important they are and they're extremely important and in these times when the markets volatile you have to focus and I'm focused on what I know which works and it's good and it's directing me to see where we go from here when I get up in the morning and I see the gap so again a review is a gap is a difference between the clothes in the open so I don't know where we close tonight and I don't know where we open tomorrow but I will know that tomorrow and so that's when I will rate the gap and that is what you will learn from me so good luck everyone fabulous calls here in the stocks for show live trading room and fabulous calls that I've done in the options letter to people are really making a lot of money with me and they they need to make sure to take their profits okay I know when you see these moves and some of these big trades Facebook Google some of these ones I've called it's you know I know people get greedy but I'm telling you you can't forget what this is when you are trading you must book the money it's never over to the fat ladies things so to speak so you got to make sure that you get out with the profits and the big ones will come they will come and it's really about the consistency and I'm consistently calling good trades so just you know do them all I say and make sure you take the class learn it learn it learn and understand it and be very careful with what you're trading in this environment everybody have a great day and if you're interested in the Golden Gap course email me at Melissa at the stocks wish.com good luck everyone good luck this week and watch the market