 Good morning cyber traders. Oh my God. What a lovely Monday, huh on this Wonderful day March 9th. I'd like to wish my lovely 11 year old a happy birthday on this historical day So let's just give him a round of applause before I get started or actually a quick little guitar for him Welcome Lucas Took a picture. I posted it on Facebook. I posted on YouTube I posted on my Twitter. I paste posts on my Instagram Took a very historic photo and I think you guys should definitely check it out Those pretty cool, you know regarding about taking a picture with him with the market getting crushed So it's been what a day. I mean listen I have My phone this weekend. I thought it blew up even before about the coronavirus now with oils going down I have my nephews my nieces my my cousins my friends People call me all left and right. This is on Sunday Telling me why God what happened with oil? They're lower and it people didn't even realize until like this morning So I posted an Instagram quick little video on that, you know, I haven't you know So if you guys want to watch it on how to actually deal with it But regarding by everyone being here now today is a definitely historical historical day You know, listen, I know there's a lot of people I want to start learning how to trade Well, unfortunately, it's a little too late Okay, it really is you say, you know, you have to learn before you could earn and you know what? You know, could this still go on it looks like it will but You can't think like you'd start jumping in because if you were some of those people a week ago You'll be getting destroyed right now. But by the way, we're gonna be going up and down about thousand points in and out In and out now regarding about what happened on Friday and all that good stuff on About the market, you know, listen the The weird thing about right now is that remember I told you on Friday. We were at a very historic Point on the Dow Jones right now. We're hovering about 24,500. That is a very critical number right there We can it looks like we're just stuck right there. I see the Dow futures. Is it halted? I mean, it's stuck at like 12 one. I've been watching it's been down to thousand and 222 55 and hasn't moved ever since I mean it looks like I got halted. I haven't seen a move is one bit So it is halted, right? It's a got halted. That's the you know, that's terrible that What happens when a stock gets halted everybody? What happens? I know it's down 5% that's why I figured I'm like, wow, that's pretty weird I'm like hasn't moved what happens? We've been through so many stocks have been halted. Okay, so many of them What does that actually tell you? That is not a good sign. We see what happens when they go up. They go down So anyway regarding about what happened on Friday. I mean, Jesus. I already forgot about Friday We had a huge rally on Friday. The market was down like 800 points We've only been down 250 and then then you got the Saturday read but it news that came out and they just totally flushed the market Let me tell you really scares about the oil market They said that a lot of oil companies can default and if they default between the bonds and and the treasuries and all that stuff and It can get quite ugly and you're seeing some stocks getting destroyed. I'm looking at one right. Look a gush right now G us h down 71% I mean this thing was started at 40. Could you imagine having a stock and now you're at a dollar? Okay, so I'm just telling you this there's gonna be some crazy buys crazy buys Okay, you thought I thought to listen 2008 was a long time ago What is that 12 years ago? And we still talk about the great, you know, um, the great financial crisis You know how what great was this? This is this is no different. This is absolutely no different. Um, I Mean we did drop. I think we did drop down to 6600. I think the Dow I've got what it was like 15,000 back then if I remember so moved down like 50 I mean God forbid that that that's a pretty substantial drop and we already down 5,000 from the highs So there are some unbelievable stocks to trade Listen, the worst of the news is this let me tell you what the worst part of it when when did when the When the CDC comes out and they start telling you what to stay away from and stuff like that. Let's start off with a Crew ships I think Could they actually hurt them anymore stay away from cruise ships. You shouldn't be on any cruise ship That's what right away. Boom. Just when you thought the cruise ships are gonna come back. Look at this thing Let me change back. Let me get a two-day. You had a little you had somewhat of a bounce somewhat Somewhat it went to $70 now sound the 58. Let me tell you you better This is where maybe options start coming into play. Okay, because some of us don't want to tie up our cash now Remember I told you I'm not a fan of options. I hate options because and the only reason why I hate it because that's the first first thing that people think to do because they you know, it's a cheap It's a poor man playing a rich man's game. Well, this is the only time I will ever pay options and be a fan of it because you know what You when you we need buying power and we want to be in cash And there's gonna be some great opportunities You could be able to do some great swing trades and some great options plays right now, but day trading It's gonna you know what it's gonna just be fun in and out of thousand but on but there are some unbelievable Unbelievable buys. Look at this. I mean this thing was at a hundred and forty hundred and fifty hundred and forty look at now It's down to sixty five sums down a hundred points. I mean Norwegian and Norwegian another one. Look at this thing got destroyed 70s down to what twenty three down twelve percent Carnival was down sixty down to like twenty four. I mean these things getting crushed now I could go on and on and on but look at look at this the percentage gainers and losers I have never have seen this many stocks. I mean the top fifteen is thirty eight percent We're lucky if we see like two or three of those, you know as the top one, too Fifteen when we can't even can't even go any lower than that. It is just unbelievable There are stocks all over the place that are making big moves. You can start off with this one SPEX look at a stock up a hundred thirty thirteen percent look at this thing It's just taking off right now a lot of you saw it earlier had a big move on Friday Look at it now. The thing is flying, you know, so there's a lot of big moves Obviously, it's got some resistance levels right here, you know up here up on top So we have a we have a big big resistance levels of a big push on that one She's ETF. So this one's seventy eight percent. I mean obviously we can't trade it You know, we don't want to start spending money on a You know a 300 all stock But this thing was only like $40 less than like two a month ago. Look at that. You had 300 Talking about killing it killing it. All right Look at these things endless. Look at these eat all ETFs a I am Another one making a big pop that one's going on on the watch list. Oh How about INO remember that one nasty stock? I hate that stock shook me out so many times I had that stock at what eight dollars. This thing has got some nasty swings. Look at it Just keep keep going up. I mean the list to goes on and on and on losers losers my god Look at this thing gosh getting We should put a you know, you know, it should be crushed. She hit me a C not a G, right? Crush is getting crushed. I like that word Crushed I mean just look at all these things unbelievable down 60% oil. Look at oil you getting destroyed You look at down 50 says it 59% You've you WT so listen, I'm gonna put these water stocks on the watch list But let me just tell you what the gameplan it is a cheap oil gas stations. Yeah, you know what Ben? That's so funny that you say that everyone's everyone likes that right everyone likes that, you know Everyone's like, oh, well, you know, we're gonna get cheap gas. You know what? When you saw the financial crisis and you lost money in your banks and stuff like that people like were freaking out But we were like ecstatic oils getting crushed. We're being ecstatic, but some people like oh, so that's great Isn't that good if oil is down? You're gonna be cheaper gas now. You'll understand economics behind it Okay, that is not a very good sign, you know, maybe if you are you know, somebody that doesn't like oil, you know And you know you you or the the Green New Deal you're probably very static right now I mean but for all those people that don't you know, don't like oil and gas You want to see how serious? This is my recommendation you want to see how serious that if you got rid of oil and gas watch how this is going to affect the Effect the economy and then you can realize that you just can't just turn off the switch, you know Just really can't do that and yes, everyone's gonna get benefit cheap cheap gas But these guys can default which is really bad. You do not want that to happen. You know what I mean? so I look at it as a way of You want to lose weight? Okay, stop eating for a week and let me know how that works out for you Okay, but I'm gonna lose weight now. Let's gonna look great. Yeah, okay. No problem Let me know how that works out for you in a week or two weeks. Don't eat food Yeah, you'll lose the weight. See what happens. It's the same type of type of thing. You got to be really careful So anyway, there's a lot of stocks going on. So there's gonna be a lot of great opportunities to make money in the market You know, I can't wait to see what happens when this when the market opens up and see what happens With the Dow futures. I honestly I have never seen the Dow futures halted It was the first time I've ever seen this and since since the crash since the crash actually Since the crash 9 11 I saw the that happened 9 11 it happened and What was the other time? There was another time I saw it happen before that the internet bubble that happened to Very very rare, you know historic day for a lot of us. So anyway There's gonna be some great opportunities. All I could tell you is this guys. Let's work together like a team Do not hold overnight positions If you really like something And you think you can get a good deal on it. That's one thing Um, just don't trade a lot of shares. I'd rather you scale up Then say, you know what? I'm going all in because that's why I'm playing black or red You know what I mean? You can lose it all or you can win big and I don't know I'm not that big of a speculator that you know when it comes to that So be very very careful how you place your trades out there But today is going to be a hell of a fun day And I'm really excited for it with oil down and the future is being halted and you know Us being all funded and having the right brokerage account, you know to get in and out of these positions It's going to be a very exciting day. Just be very very careful out there anything else guys Circuit breakers are seven percent levels on two. Yeah, you know what? Let me just tell you what happened I got a little ticked off this morning. My broker was down my ecn I couldn't place any ecn orders out there, but they got it back up. So, um, you know I'm I'm I'm ready to hit. I'm not buying anything until the market opens up right now I want to see what happens these down futures. All right, but let me tell you it's going to be One chaotic five minutes of the stock market open and it's going to be historic So we're going to have fun watching it anything guys anything else Uh, ben you've already plus 50 on the you know on the spec. Yep. I mean listen that thing is like everywhere Nice little pop. Absolutely. All right guys. Listen. Good luck. Be safe Let's work together like a team and for all the people that are starring cyber trading university here for the first time Congratulations, you picked a great day to learn. All right and watch you see how what a real professional trading one looks like All right, and then guys don't forget tomorrow We do have classes with me, which is also going to be exciting. So we got a lot of events coming up You got the list right there. Uh, I got uh Traders talk live on wednesday and then I will on thursday, you know, we have open house. So look forward to that all right guys. Good luck today happy trading and We'll start commentating about 10 minutes when the market opens up and then we'll do our afternoon meeting at 230 Good luck everybody