 So a really good morning here for us. I like Oracle, but I think we watch the spy. So this is what we should do today Simply because it's the best thing to do It's gonna go we're gonna fall today It's a nice raid here. It's happening Perfectly, so I'm debating how wide I'm gonna be with a stop here That is the thing Let's do 443 30 I don't have the entry up Oracle is no volume. So that's off for now 443 30 Let's do 55 by 30 can't get a better stop than this 55 by 30 It's gonna go there getting it right now get the stop in at 30 and we have a lot of targets today We got 442 we got 441 440 in this fight today is a real target not crazy 440, I don't know what time it gets there and I don't know if I'm holding it to there Let's just get a one quick trade here be in and out and done Oracle's good Oracle's lower or it doesn't have a volume right now though. Here we go spy spy spy spy spy spy I did see the square we can quickly look at it Square is wiggly jiggly square looks like it open late Spy is the one to do this is the best gap When we're done, we'll go over it if we have time Don't want to get crazy today There goes no video video video There goes no video we could we could have done this today we can revenge traded this today actually I think that's just a heck of a lot easier to do Heck a lot easier to do as an option Not just because of the price point, but because it was so wippy yesterday. It's like a Whip monster It's tempting though See what Apple's doing Apple isn't cooperating yet this week and still could be part of the issue With the cues, but it's not gonna Effect this I don't think today, but let's look 932 Everything's out today. That's gonna be out all econ is out Wow, no volume in this apple today either look how my charts are so slow Or my internet This is ridiculous Okay You must have a hundred percent conviction if you don't you can't trade this market your toasty points If you think the markets higher you can't be short Your toast because look what we just did and look at yesterday and look at the day before that the day before that The day before that and I keep going back you either have a hundred percent conviction Or you don't trade because you will get burned and you will lose money And you will change your mind every second that you're in a trade and you're down You will not believe in yourself You will lose conviction in your trade in your bias in yourself Then you will kill it then you will lose money that it will go on to work And you will flip-flop and go long and short every single day So you must look at what's going on make a determination rate the gap and proceed You know and again the video was hard yesterday, but You did the option or more than make up for it because this is gonna get ready to tank again any second but I'm leaving this be today because it It was a hard one yesterday So we're in this we have this stop at 30, which is a million light years away You didn't even put it at 50. I don't think it needs it. So we stop to wait Anything else going on anything else to do BA fell into the close yesterday Everything pretty much did BA is backing up Let's take a look at the rest of the things Microsoft. I like today Microsoft. We could do Microsoft We could do right now We could have done this if we had will we have been out? No Well, we might have I don't know this was a dollar look this was on my radar today, too. I Might have got out of it. I don't know. It's hard to say now. We can still watch Microsoft You can still watch Microsoft and we're in this Let's just take it easy today one thing at a time, but I do like Microsoft It's hard to believe anyone's buying this And yet they are So we would have done nothing today if we didn't have the market because there really wasn't anything to do And there was no earnings of any consequence last night Again, it could be a slow week except for the Fed meeting and then market related picks I'll look at what's out for tonight 100% conviction and no chance of failure the market's gonna fall today You either take this trade and you believe in it or you step aside and wait and see how it plays out See if I'm right see if I'm wrong But that's the whole point of taking risk and taking a trade and we gave this Such a big stop. We could give it another 20 cents. I really don't think it needs it Azo I looked at I didn't like but I can look at it again to see if it did something different it has Absolutely, no volume and it also is $2,429 for once share So I thought I did I didn't know if you really were serious about this Greg not in this are you I mean I did look at it, but I never trained this but I looked at it because you mentioned it this morning but it has no volume and the spread is like What is the spread exactly the spread is about 26 Great, you're what could you do in this you could do an option, maybe I wouldn't even do an option. It's something that thin though That's the bugaboo market market market market You know, we're gonna add we're gonna add at 442 49 We're gonna take more of this. We're gonna bang this sucker out today But we could have done Microsoft and if we had we probably would have been out But we could still do this here, but oh, yeah, let's look at it. Greg's reminding me What's going on with this strike? The strike is still on if it wasn't we would have heard news I'm surprised these things aren't tanking yet strike is still on It's on baby Look at Ford I'm surprised these haven't had a more of a negative reaction. That is unusual Actually, these look just look like they're going with the market today open lower reversing right now Nothing to trade in these things I do find that interesting Yeah, that's strange We could have done that yesterday I think you always need conviction to train because obviously you're risking money But in this market particularly and when I say this market, I say all of 2023 You know All of 2023 it started the year started out bullish that made no sense to me bit me in the bud recovered Focus focus focus We went long. We went short. We went long went short. The longs are over Kaput see Kaput see what the longs But there are still people here that are trying to buy this market They're not going to survive Time of the day is 939 And I'm still watching Microsoft That would be 327 30 Still watching Microsoft. Should we give this by 50? Just don't even think it's going to I don't even think it's going to need it I just don't want to get thing down and had this go on to work Let's put it at 443 50 new stop Microsoft. I'm not Microsoft. I'm sorry spy And I'm still have my eye on Microsoft Spy stop why did I think today would be easy? I do think we follow but obviously it's 940. We're waiting This isn't coming as easy as we thought why people want to buy the dip people want to buy the bit dip People want to buy the dip they're trying to buy the support the support that we're looking at right in here They're trying to buy it. Why is it not going to work? Why is it absolutely going to fail 100 second eviction will fail will fail today I hope it fails soon Biden's at the un And I have to go I have an appointment friday. When are they leaving? traffic's Terrible terrible on the east side We did gap down. That's true People are buying the support But why am I saying That we're really lower Talk it through while i'm looking to see what else is going on here. I didn't get into Microsoft yet. I'm waiting I was talking out loud 100% eviction 100% eviction have conviction in what you do 100% conviction and no chance of failure the market's going to fall You put the stop being you take their risk and take the trade We gotta double check Oracle. I should have more buy-in starbucks Is downgraded we have to look at that August housing starts sank I knew that that's that No, nothing new Nothing new at all in the world. That's a beautiful fall day too. I want to be done fast I want to go for a part walk 100% conviction and no chance of failure We are lower. We are lower They gave them more room and we didn't even need it at under 50 Oracle i'm gonna look at I wish there was something else to do but there isn't this is lower We could have shorted this yesterday. I forgot about it. We looked at it. We talked about it And then I forgot about it. We should have done this yesterday morning We should have We should have done it So why don't we go home free? You gotta get some traction here 944 We're basically flat gap down and open what we're flat. Let's see where we open We're starting to go red. We open at 442 68. We're basically flat We've got to go red. We got to fall. We got to get down to 442 We're getting there Now to get some traction and to get some fat reds And we're going to fall off a cliff and I hope it's today, but it could be tomorrow We could still fall today and fall off a cliff tomorrow could be tomorrow With the fed but I'd rather it be today actually And I thought we were going to fall off a cliff yesterday And then we didn't and then by a certain time of the day you realize well, that's that And then you wait and wait and wait and wait and wait and wait and wait and then we we just Pushed up went nowhere yesterday based out sideline all day. We didn't go anywhere the whole day from 11 o'clock until One o'clock we went nowhere and then we started selling up into the close So it was a nothing burger day yesterday No, there's no more data out anything that happens today is Whatever the fed happens to say any statements anybody any says thing on tv biden may be talking today at the un There's no more economic data today People speculating about the fed for tomorrow's My guess will be any news. We put this at 443 50 And we could even put it at 60. I mean I just It's it held 30. I just Just got to sit here and watch it This isn't easy I thought it would be easy But it is going to fall So we didn't do the ad yet and if you didn't do it you wanted to wait you can Let's see what else we got going on So the only fast trade today was the microsoft if we had shorted it and got in and out quick That would have been a nice fast quick trade And I don't I think I would have gotten out probably just because it's not already season just because of the market just because of everything here today I probably would have done it got quick out just to have a fast quick trade This is still lower, but again right now the market isn't ready to break yet It's trying we didn't do the cues we could I don't know where I would have put the stock probably over 370 I did not want to do more than one thing today And I'm not going to so this five was the one thing that I really really liked yesterday. We watched Watched it all day else is going on dish with dish Stitch fix was too cheap. It was down. We can look at that, but we're not trading it This is rallying. I don't know why Stitch fix it looks like it pushed back Yeah, just pushed back. No, we weren't going to do it. It was way too cheap, but the vine's there actually look That's like what happened to jackie square jackie square is trying to go now It's You could do this here if you want if you didn't do the spy you could short this here with the stop I put it at 15 90 a dollar 90 by 90 if you want to do the square right in here go for it Go for it if you want it Target's probably 47. That's tempting, but it's going already This is very tempting over the time of the side. It's gonna go Jackie there's your square are you doing it stitch fixes worthless? I never thought it was a good idea I just didn't think it was an idea Wearing somebody else's clothes Oh, you did think it was a good idea Oh, you did do it. You did the trade it's tempting here, but Yeah, the spy is expensive. It's expensive and you could buy put in it. It is pricey. It's been all year So it was accused Cues actually look weaker today on the spy We're gonna fall We're gonna fall like this is not even like maybe I said it all morning, but I thought it would be easier than this It's 9 50. We're sitting for 20 minutes. We're in the trade. We will fall today Absolutely I don't know where we go, but that's why I said you must have conviction Apple's going certainty I don't know what this thing's problem is. I have no idea. I've been waiting for this to fall again It doesn't want to do it. Eventually it will I don't know what this thing's problem is Attempting to do two trades and this should we do it? Crap Let's do square two. Let's do square two. Put this stop at 90. It's a dollar 10 from here It's ridiculous not to do it. It's falling. No one's gonna buy this No one in the world's gonna buy this. This isn't like the market people are trying to buy the market But the bears are coming in This no one's gonna buy so do it if you want it. We'll scalp it get out of something Last minute decision We're in two things now I want to do a park walk And now I'm in trades All right. What do you want to talk about? What do you want to go over? I'm in two things. Let's look at what's out for tonight We got a way for these things to go So it's a very tricky market Why? Because nobody can agree on anything can't get two people in a room to agree on the fed inflation Interest rates are anything else. It's one of the reasons you see so much indecision in the market Royal Caribbean. Let's look at nothing out tonight We weren't going to do greats million dollar autos out General Mills is out tomorrow morning. We can look at that. Wow tomorrow, september 20th, and then after that it's fall You could still do this if you want This is this is hanging on by forever. You can still do it one push here through the low It's gonna go if you want to still do square you can One day again one day if we don't trade Next week maybe to follow me something We'll rate the gap here in the market. We're not doing that today Today could be a long day through an options waiting for this drop to situate itself But one day some day in the next couple of weeks We'll have a day. We don't trade and we can rate this market that and that's what we should do That's actually what we should do really We're gonna fall It's like insane all morning But you could easily not believe me because of the way we push back 17 times But this isn't like I even I did a webinar last night and we rallied We were green when I was talking and I said this were weak So I I knew the market was weak yesterday even though we were green I was sitting here waiting to short it all day There we go Sometimes things take longer than you think Oracle is good Oracle is good square. Let's take a look at Microsoft is ready Not yet, but it's gonna get down Anyway stitch fix. I didn't think it was a good idea because you're buying outfits. It gets shipped to your house Then you return it then somebody else is getting that close You could say well, it's kind of like an apartment store. You go into the department store And then you try and close somebody else tried on I get it, but they didn't wear it That was the part that I didn't I don't know I didn't know exactly how it worked because I never did it like to read between the lines, but People could be wearing the clothes then returning it There was something about that that Wasn't crazy about that idea There's too much and there's also too much returning Jackie People are spending money that they're returning Then they get a refund then the company didn't make any money like you know what I mean And it isn't paying returning stuff that you order online that's clothing I mean I do that. I've been doing it. It's easier to go to the store though. It really is just as you try it on You see if it fits you don't buy it if it doesn't fit Whereas sometimes you're like, okay, I think I might like this and then you buy it And then it doesn't fit then you gotta return it Then you gotta call and get the label then you gotta put it on then you gotta go to the place I mean here actually they do come pick up They do come pick up except for the post office I have to walk it at the post office or the the doorman will do it And then they charge me to walk it You don't like the idea. Yeah Okay target in square is 49 or anywhere close to it Or if we're in the spine we gather the spine with money. We'll just get out of this with money once it breaks Spies should help that to go Let's look at the banks any questions from anyone about anything at all Beautiful day here in new york can't wait to get out for a walk wanting to take a walk this morning after the room We'll see what time I can get a walk in I want to feel the crisp air Jpm is up. I don't know why Goldman is up. I don't know why 100 Conviction I'm gonna make a I'm gonna draw a picture and it's called a hundred percent conviction And it's gonna look like a big pile of cash It's gonna look like it's gonna look like a million dollars Here you go Who's in the trade? Who's in the spy? Who's in the day trade? Who's in the puts? Man, I called trades so late yesterday. You had to know what I was thinking today If you weren't the options in his letter and you got the trades I called I called those trades so damn late There was no way you could get out of him yesterday. You knew my bias for today as soon as you got those trades Is it up? Melissa, thanks for going to be down tomorrow morning You're in all of them Greg. Greg's in all of them Let's see if anything else is going on quickly quickly quickly I think I'm gonna talk today about anything that could screw something up Because they are at the un Okay, of course we're in square now and it looks like it's not moving We could have done the cues and the spy This looks like it's gonna fall off a cliff any second Here we go spy Shit, I forgot to add here. We can add right now. We can add right now. I forgot to add at 49. Damn it Thinking about the square There you could take more of this right in here if you want it. It's still close to where we were Close to our original Take it if you want it You didn't do it. You could do it 442 and a flush boom Target for this by today is 440 And then where do we go after that it's going to depend on tomorrow Because normally I'd say here here here here and here But again, we have the fed tomorrow. It's not till the afternoon. We got 24 hours to go Until that meeting even takes place. So who knows if we have a massive move to the downside today I'd love it. I'd love it. I'd love it. But will we I don't know So again tomorrow is two o'clock or whenever he's talking. It's a long time away It's more than 24 hours So that's the thing Square is a snail So if I got a big flush and spy I might kill the square. I don't know this square isn't moving since I did it It's been in a range of 10 15 cents Here it goes There there's microsoft cues q q So the one thing we haven't been trading because it hasn't been setting up right is tessa We can look at it here today, but it just hasn't looked good to me This is like the opposite of nividia. I pulled out nividia friday. I said, uh, it's gonna fall Tessa I pulled up yesterday. I said Let's look at it today There's a nothing burger, but it does have volume. It's probably red with the market. Let's look Microsoft's good Microsoft is still good We would have been done for the day if we done microsoft though out of the gate The spy is the best trade those flies the one Let's look at this and it's taking forever Wow, my internet must be so slow or it's the charts So this is falling. Yeah Tricky today here rallied first, but this is lower I'm just not crazy about that Okay, what are we doing with this? Here we go Shelly, I hope you're in the spy. Shelly. Are you here? Shelly, are you here today? I see you Shelly didn't do the nividia Hope you did this So this is this is a nice fall Give that give yourself a round of applause if you did it and waited for 15 minutes for that ugly green tally bar and stayed with the train And stayed with the conviction Here we go. Here it goes. Again. I don't know why this is happening other than that. I knew that it would We get out of this we get out of this right here. We call it a day right here Here here. Let's watch it down to 441 Here one more push in this we're going to get out of this day trade Let the options drop one more push one more push one more push. Come on Then I might just kill the square 54 Then I can go for a park while I'll come back and the market will be A huge megalodon red bar. That would be gorgeous. It'd be wonderful 54 One more push one more push one more push And don't you dare go over 70 I don't want this to go over 70 Here we go. Here we go new air 52 It's it's moving so fast. You can almost not even see it. No, I thought I hit 52 was 54 I swear I saw 52. Let's go You can get us right here though. You could I want this to go over 70. I know it's lower though Hard to hold it, but it's lower here. It's a good trade right in here right now We did the ad Just at the right time too because I wouldn't be doing it here It's like it's square Square is a still Hand of the bun here for spy one more push in the spy And I might just kill the square boat. Don't do do do Yeah here look beautiful Done Nice day and again 440 today in the spy 440, but it's easier to hold the options Great job. Just let it rock and roll now. Let's look at this square and figure out what we're doing She we're back to normal fast trades gosh So nice these holding stuff has been ridiculously stressful um this This should be falling with the market. It's not I do think it's slower, but I don't want to sit here and wait for this for 80 cents What should we do? any questions So we get one more push in this get out and make a little bit before I'm gonna kill it I think any questions about the spy any questions about anything at all everyone should be up Nvidia gotta give it give it some time apple reversed Q's are going Microsoft's going this square Any questions from anyone about anything at all? But a good day today. Let's have a good day tomorrow