 So welcome back everybody for this lovely Wednesday and the big big news came out yesterday a lot of stuff going on. First of all I can see a lot of people are not here today for the good thing is because they're traveling getting ready for the on-site so I don't know sometimes I always get some of you always logged into your your phone on the plane or something like that but yeah big day today just don't forget we have our soiree from our meet and greet event that's going to go from five to seven uh at the at the hotel at the Vienna hotel and then uh and then tomorrow we're going to be hitting it hard for the next two days of trading and we got some great speakers we've got trade stations going to be coming down also and uh you know doing a little presentation for for you guys go over the platform so anyway a lot of stuff going on so looking forward to it sitting in the airport right now Jeff all right there we go see that is that is that this is technology great well good to see you Jeff look forward to seeing you buddy all right so uh with that said guys great great news that came out yesterday I mean honestly I never even heard of this news before but seven million outstanding jobs are out there seven million that's unheard of seven million jobs I mean that that is just incredible and you had a great market rally going yesterday so I guess uh I guess we know why unemployment is at the lowest ever so I guess there's something there's something wrong there right there's probably too much uh too many people that want to maybe stay on unemployment or whatever but there's definitely a lot of jobs out there uh so I guess market looks great and earnings came out great you saw what happened yesterday with with Netflix blue uh bloom out of the water so there we go anyway once again just wanted to thank Andrea for those lovely cookies so whoever's coming here on site he made a nice little box for you guys so you get to see what we keep bragging about your office thanks you Andrea and I thank you my wife thanks you my family because they made me a nice little box right there too I just can't wait till next time I come up in Toronto and check out those bakeries you got to teach me how to make those cookies phenomenal oh by the way and and by the way Andrea your cookies the the unbelievable the gluten free ones I'm not a gluten guy but I don't you if you didn't tell me they were they those chocolate cookies are just out of this world incredible all right uh all right so let's get right into it about to send that some pasta well I got the sauce I got the tomato sauce that I made so you guys can have a little bit of that if you guys if you came here on site I'll give you a jar all right so let's get right into it and talk about what's going on in the market obviously I just told you with with the good with the good earnings announcements that came out and also with the good job reports there's no better time to be in the market than now uh everyone's flipping out when we saw this little correction I told you there's always a correction there's always profit taking a lot of that correction also kicks in due to program trading but until we get bad bad um uh consistency of reports of uh slow economic growth and all that other stuff that you know that you have to look at it you know people who are complaining about the Fed raising rates you know let me let me explain something about I mentioned this earlier about raising rates raising rates is actually a pretty good thing because you got to remember Gotham it is ever an issue right and the Fed has to step in see everyone's been enjoying their free lunches lately and that's what's been happening they've been borrowing money for free I mean literally mortgages were for free I think the biggest issue people are going to have is a lot of people are not going to sell their homes uh because they didn't want to get another mortgage because they had such a great deal but at the end of the day a lot of companies were getting free money they built their companies they're making a lot of money and it's time to pay back so they're raising interest rates and let me tell you it's not a bad thing because it's the best time to raise interest rates is when you have a great economy because you got to number one you got to slow down growth number one I know a lot of people don't want to hear that but what happens if there's ever a catastrophe what happens if there's a war whatever it may be at least the government could say you know what we got to give away free money so they could lower the interest rate if something ever happened they can't do anything anymore so it's you know the exactly can you hit the nail on the red heads check some balances so don't take it in in a bad way they're not raising rates in a bad market they're raising rates in a good market which is good so that's so look at it as a good thing there's there's always a flip side of that but anyway if if if they're raising rates and markets doing great that's that's that's what you have to look at it right Denzel it does create a buffer and you need that buffer and you need that cushion remember back in uh Reagan days you guys been around people paying mortgages what was it 13 percent 13 percent back then you get mortgage now if it was like four percent three and a half percent so everyone still did good back in that economy anyway let's get right into the market there's a couple of good stocks out there first of all I mean I don't know where to start regarding about what moved yesterday because everything basically moved I mean it was some great runners AMD you could see I mean I can just go down the list there was so many of them but I think the biggest news not just about the market taking off what happened to the pot stocks right today Canada can be old can it could be high today so it's it's legal all of Canada and then all of a sudden buy-on rumors sell on news right so what ended up happening news rumors out news finally hit kicked in and that looks like all those stocks took a big hit and that's why I threw them in there the TLRY look at all of them they're basically getting a little bit of a correction right there you see it all taking the hits a TLRY CRON you know you can go down the list look at that they all took off buy-on rumors sell on news so look like we're selling on that news on there but that looks like what's happening right there so that's why I kind of put that in there let me see make a lower the volume for you hopefully that does a little bit better all right now a couple of the stocks do you want to keep an eye on O G E N oops typed in the wrong window O E N right there that one has a little bit of a pop-up right there you could see it gapped up some of you remember we trade this back in October it went from 50 cents to about four dollars that one moved pretty nicely so we can keep an eye on that one that one the pre-market just I don't know it's kind of it had a little bit of pop-up it's kind of holding right there that was not terrible but keeping up we'll keep an eye on it VT VT is another one that I found this morning had a great I guess it was earnings because you see how it made a nice little move up there right there but it went from like 230 all the way up to about 460 we remember it back here we traded over here when the stock went from in October went from a buck all the way to six dollars so we know what stock does move so for all of you here go back to your your journals and check out the stock and see how you traded it but if you remember if it was too volatile whatever or remember we taught you in class how to take very good notes because I always tell you you're always going to come back to trading the stock somewhere down the road something's going to happen so you want to know what happened in that stock so you know should you jump into it maybe you traded too many shares of it and you got burned but you could have made money if you if you didn't there was uh there was a lot of foul stow flags whatever it is but keep an eye on that VT VT you know go back to your your your journals that you would train what to do and how to take those good notes oops typed it in wrong window again fms rushed rushed look at that thing right there you want to be a good day trader a good swing trader an investor you better damn know how to day trade because you saw that coming stock uh 39 wasn't going anywhere boom thing is getting crushed down now 17% that even and honestly being down that much didn't even trade that much volume 70 000 shares i'm quite shocked anyway uh it is a medical stock we all know medical stocks do not come back so be very careful with those all right so let's see how that stock works out maybe we'll get a dead cat bounce i probably wouldn't don't know probably would move but we'll we'll we'll keep an eye on that one too on the short side slca another one maybe on a nice little short two 34 dollar stock down to 17 just keeps gapping down trending down that one also looks a lot lower you know from what it looks like so not not the greatest pre-market there were a couple of them but we got we i think we got a pretty decent list out there and then once again if we keep with if there's a rally going on again the only way to trade those rallies guys is you know you got to know what ETFs to trade trade the brand names and just you know follow what's happening with the market and then you could just ride the wave but if it's not it doesn't go on we'll go out there and we'll just stick what we have in our big percentage gainers and losers anything i'm missing i i did not call out anybody found anything else that you want me to check out that's moving this morning veneto says val val is moving nicely you know it's got it's got some decent volume it is trending up in pre-market you know it's a little bit all over the place we could you know well maybe let me change it to a one-minute chart yeah it's gapping up a little bit right now maybe that's not bad i know we traded it back here it went from 12 to 15 but not not the not the biggest of winners i know there's some nasty shakes in this one if i remember correctly all right so with that guys i'm gonna get ready for class remember soiree today for all of you bonds gonna be here please fly safe everyone i know some of you are logged in right now from your airport so i'll see you uh we'll see you at five o'clock for the soiree here at cyber trade university at the hotel and then don't forget to have everything set up by the way the room will be open for you but if you guys want to get your computer set up get your layout we are gonna have staff there to assist you if you guys need a hand and uh you know i know some of you know you should have your own laptop but if you're not we'll i know some of you did need one we'll have one there for you and then for the ones that are not going to be here listen we do it once a year the uh the uh the the phase four class the you know the the summit that we do here at cyber trade university so hopefully you know like i said if you can't make it and you still want to attend i know we're gonna be doing a broadcast on on a webinar on a webcast but you can still be part of it if you want to so just talk to education vibes i'll tell you a little bit about it in the meantime see you guys drive safe everybody else let's try to make somebody go into this morning and we'll be doing our next audio broadcast to trade the afternoon at 2 30 good luck everyone happy trading