 All right happy Friday everybody welcome back hopefully everyone's having a great morning we're having a great run up right now and ACB I know a lot of you guys did a great swing trade on that trade last night We're gonna do a couple of shout outs Listen, how do we know it was going to be a good swing trade? Because we day traded it. Remember people always wonder they think day trading is very dangerous very speculative. No swing trading is options even 10 times even more dangerous Because it is spread and all the the mechanicals and then the deals and this could happen It's just a buy and sell But guess what you guys did great with a ACB and we got a bunch of other swing trades We're going to talk about also that are doing really well But before we do that I just wanted we're going to talk about what happened. What's going with the market? Looks like we're having a little tea to talk. We have a nice little rally You know from yesterday we were talking about what happened. Obviously we're all watching the presidency I feel just gonna have it's going to go on for about another week or two It sure looks like it's going the direction that biden is going to win It looks like the uh, president trump is going to contest it in the court So this can go dragged on for a while The big thing I think wall street is concerned about is not more just the presidency. They're worried about the senate Okay, and the house because that is the uh, the person who controls the purse So, you know remember the president is the commander and chief, right? What does that really mean? He could do executive orders, which could be override by, you know, courts We've seen that happen with trump already and also he's he's running the military That's really what the commander chief really is But the congress runs everything else has to be approved by that So if if you have once if you have one side Republican, which is I think the senate is probably the most important out of all the congresses over the house But just having just to not have you know, but having an equal balance Wall street likes that and that's one thing that's going on but You know, they still not they still haven't confirmed it yet that you know, it's it's going that direction yet So that's why the market is kind of like on edge right now of what's happening But we all know what happened with the election. It was a lot of Referendums that came out. We know what happened in jersey, you know about now pot. You can get high now forever Uh, it's legalized like you could buy beer, you know, and you could see what's happening You know some of these stocks that we traded like the c a c b and of getting a nice little rally So we're going to talk a little bit about that But we're going to go over a couple of things. Just keep in mind everybody that today is friday. Okay Now if you are a student a cyber trade university, you know that fridays Mornings a little tricky little tricky. You we give you journals. You look at your journals You got a daily journal that we gave you and you got a monthly journal You have to do your journals Because you have to kind of analyze and say, okay, where am I consistent? Where am I aware? Am I making money? Am I losing money? I'll be honest with you Thursdays. I'm probably batting like 80 percent Okay, fridays. I'm like bad. I'm like 50 Okay, so it's like we really need to trade the 50 50. It's like, you know what I could take the day off I really wanted to but The tip of the day is this Don't get too aggressive on a friday If you're, you know, if you're a Thousand share trader, you know trade 500 200 don't get crazy. Okay Because when you when you have more money on the line, you end up, you know becoming a lot more You know impulsive on getting any of that position So I want to make that tip because as we all learn from each other being in the cyber group room You all know how that works. You could see that here at cyber trade university We use multiple platforms. So trade station decided I wanted to do an update. I'm sorry guys I logged into room late microsoft decided to do an update I was out for like almost like 40 minutes for that damn update The toolbar looks pretty cool though. It looks like they changed a couple of features on it But uh, yeah, it took forever. It took me forever to get this update So I don't know. So by the way, if you guys see the update come on windows Let it do it at night. I thought it was a small one. I didn't think it was a big one Anyway, regarding about the uh, quick shout outs on the ace acv Chelsea q dan h they all held it overnight. You guys doing great. Congratulations That's that's what I want to talk about a couple of the stocks that we did a couple of swing trades I did a couple of swing. I didn't do that one, but I did do the I did the do the swing trade yesterday I did jks because you could saw what happened yesterday. Let me bring up yesterday's chart You can see jks obviously was a really really nice move thing went from 60 70 okay, and it's been on a really really nice move. I did a nice swing trade on that one And uh, how do I know is the swing trades? I did is with day trade. I did that one. I did peix We were day trading this stock all day yesterday. We did great with this stock You know, it was amazing about this stock and everybody here should um seen it when we were looking on level four There was a quarter of a million share iceberg order and he just kept like giving it up giving it up Giving it up. You could see him on level four just constantly doing that now Listen on my youtube channel if you haven't registered you better do it right now But i'm going to start doing a weekly reports on stocks that we traded on iceberg orders And I kind of educate you guys a little bit more of what we looked at because you know We do this every morning, but we're going to take the best of the best of the week I'm going to be doing that and be prepared I'm going to be launching it on a friday and a saturday after doing after going through the week So make sure you are registered into our youtube channel. Click on the bottom on youtube and make sure you do that. Okay Another stock I did as a swing trade was the pins So pins, you know started coming back. I've been a big fan of pins I'm just really ticked off on myself because I wrote the thing down when we gapped up remember went from 50 to 70 I mean, I was up like 20 points like 18 19 points just on that day alone But I had it at 35. I ended up selling it like 61 I wrote that damn thing down from 69 only to 61 It ran only down to 57. I wasn't too bad. Well, I just ended up buying it back at 62 50 Yesterday actually 63. I paid 60 250 I paid for it when it started breaking out right there. I started seeing make a little bit of a thalstow flag So that's where I own it. I'm not making a fortune right now on it But just a fan of pinterest. I I feel that it's going to be a good one Couple other ones are doing really good csq that one. We're killing it on csq I told you about that yesterday and and obviously acb. So listen, we still do swing trades here Okay, how do we know how to swing trade because of day trading? All right now about yesterday Let's just talk about yesterday before we go through the watch list A couple of stocks that had a big pops and big drops H o V we traded yesterday that thing ran from 250 to 650 Early on quick mover. You know, it was amazing. It was awesome. I love the halts. The halts are also great You see these things go up and down It was just uh, just a fun stock Let me make this just a little bit bigger so you can see it over here So you can see what we're talking about so you can see how the stock went from just went from like 250 all the way Up until like 1030. It was great. But this really was scary, you know What it did that big drop right there tl ry another stock that's trading side-by-side with With acb. They're both in the same industry bunch of them cgc all of them this one They're all moving side-by-side. So if you miss one you get the other one crones He's all in the same industry all pot stocks. I hate using that word I feel like I feel like a pothead or something not no disrespect to anybody But it just feels weird. I keep saying like, you know saying that word pot, you know what I mean But you got to come up with a better word Anyway, a a pha also same industry doing pretty well also they all did well A couple of stocks that had some breakouts that we traded a pvo And I'm gonna actually I was thinking about watching this but at 1030 1130 stock went from 14 to 24 dollars They ran about 10 bucks great winner for the middle of the day And then it ran, you know from 130 like two clocks in another part from two 22 all the way to 26 We found this one stock this morning mo go It had a really nice mover on eight o'clock. I know a lot of you guys trade it was nice It was cheap had a nice push You it did it did it did it at 8 a.m. Shake right there. We're from two to 280 You heard me call it out in the room. I says listen. It's making a higher low And and I called that out around 830. You could see it in the chat Obviously that's when I finally got into the room and it had a little bit of a pop I didn't like it but if hopefully you guys listen and saw those orders coming out level four Hopefully everybody got out of it and not held it going into the going into the open because it doesn't look too well What else we got oh go pro Gpro, you know, I feel bad. I didn't own I didn't buy this stock as a swing trade But go pro did great after hours. You could tell it probably was an earnings announcement But listen go pro came out with that new Go pro 8 I told you this a while ago the only way these companies make money is they gotta it's like the iphone, right If the iphone was so great Why they keep coming out with a two a three a four five six seven Meanwhile, you know what that's not really that big of a change You know what I mean, but they know how to sucker you in and get you to buy it And that's why apple and then built up a little bit monopoly on it with the residuals with the You know with with the apps and everything. I mean on and on go pro I think it's starting to learn that market. I mean they made a system. They made a camera That was amazingly strong and so great. You didn't need to upgrade. So listen They're their whole thing is they got to make money. Remember what I told you this a long time ago And I learned this a long time ago from a fellow trader that lives in my town Corporations are basically going out of business every three months What does that mean? Because they have to report earnings every three months if they don't make money in three months They bankrupt they have to find ways of making money. They have they have employees have step They have to make money. What are they doing to make money? So, you know gopro hasn't done anything was was not making money for a long time And you know, that's why you always see like oh, why did it got to be shady? Why they got to do this? Why they got to scam you? Why is that when you call a Verizon they're trying to suck you in to buy more there? Why didn't why didn't you hear this thing with uh with netflix opening up more and more people Accounts they need to make their shareholders happy. So the stock goes up if they don't if they don't make revenues They go and bankrupt every three months. That's just how things work. So just give you a heads up on I know it does not the most nicest thing to say, but that's really the truth Uh glue big pop and pre-market yesterday. The stock has got a decent move Um, not really moving too much right now in the pre-market, but yesterday you could see had a good pop I want to put that in the watch list a couple of stocks are getting crushed crushed ASMB did you see the stock? Crap this thing is down 60 percent What do we know about this stock just reading by the name? I assume it's a pharmaceutical stock Fortunately, we know they don't come back. Okay, so Stocks getting hammered. I don't know if it's on your shortlist, but it is building a big support level at six Usually when they usually when these stocks go down, they go down. They stop and they flat line This looks like it's been continuing since about eight o'clock this morning. I think maybe not went from seven to about six We'll see how that works another one that's getting hammered smlp This one doesn't look like a pharmaceutical stock. I always could tell by the name But this oh, I'm sorry. This stock is going up. This thing is this this stock went up I confused it what happened. I messed up my notes. This stock was up big And it started trending down, but it's starting to build a little bit support level just above a dollar So I want to keep a close eye on that one too. All right Uh, what else we got that pretty much does it? I think we got them all I think we got them all We got a cb. We got sk. We got sk. Oh SKT did I tell you about that one? Maybe I'm gonna put that Oh tango love the company tango tango outlets. I didn't even know they were public Honestly, tango hasn't really gone anywhere. I don't know could be a swing trade It doesn't really look like a very good day trade, but The outlets open up people are going to start spending money You know lonely don't shut down the country again. You never know, but you got the holiday season coming in This is where the company actually should uh, basically benefit from it And I said cot y right? That's another one. I found this morning. That's moving pretty good up 13% All right, so we got a lot of stocks on this list, but remember cyber traders. It is Friday So don't get cocky. Don't get too aggressive Make sure you look at your journals. I know it's always nice to wake up in cash not holding anything You know long term as you know as a position Obviously, you know, we do a couple of them, but just don't just don't get too crazy today. Okay guys All right, especially with this whole election thing. I think things are gonna start coming into fruition now All right, everybody Norman says mogul's starting to move up mo gl Uh, yeah, but I just be careful that stock. It doesn't have it. You know what let it break out until it breaks out Then that's a different story. All right, norm. All right, everybody. Good luck everyone. Happy trading. Be safe Before we go remember we're back here at 230 and tomorrow I am going to be on Uh, neutral trading expo. So tomorrow you probably got the link already I'm going to be there with some of the best minds in the trading industry It's saturday. It's not the summertime. You know, I know you some of you got the honey do list Don't worry about come out there take an hour Register for it and I'll see you all there and uh, hopefully, you know, I'm gonna talk a lot Like I said, I'm gonna constantly keep pushing that level three level four It's amazing how many people don't know about it and every time we do something You might have to hear four or five six times before the light bulb kicks in and that's the way how it goes So anyway, good luck. Be safe cyber traders We start commentating when some market opens up. All right. Good luck everyone. If I don't see you have a joy weekend