 Happy Monday everybody. Welcome back for a whole new week on the eve of the election Good to see you all. Hopefully everyone enjoyed their weekend to see you Ken Mark. Good to see you Neil, Fernando, everyone. All right Well guys, I guess everybody's all getting ready. What's going on with the market? So one big thing that I met a couple of my friends this weekend regarding about the market and about the elections isn't that and I just got one very important thing to always say about how to trade this market Don't question. All right. One biggest thing I learned from my mentor Urrs had more than one actually they said fouls though and you hear me say this in class all the time This is fouls though. Once you think you know something about the stock market You're gonna lose and I'm like, well, why is that you said because it's not what you think It's what you guys it's what everyone else. It's what the the big guys on the floor think So all you have to do is just follow what they're doing Once you think you're smarter than them, you're gonna lose and let me tell you something Not only did I learn that personally because I went out there And if it was because I love the company so much and I'm like that's impossible the other company such a garbage company It's got to do better. I love this and then and all of a sudden I went down and down and down and got crushed And listen, I lose money all the time. So I'm gonna tell you I mean I win more than I lose But I learned from my losses. That's one of the things you learn in class and then You know when you start in no matter what you what you compared it Even if it's your you know political beliefs in this now what the market's gonna do and how it's gonna react and says Oh, this is not gonna crash because you know, that's just a room. Listen Don't don't question what what you think just follow the money Remember the biggest thing I always tell you follow the money. That's all you have to do There are companies out there that I love to death and I say, you know what I got a short it What am I gonna do go long? I mean, it's just what it is, you know, how many of you how many of you people know? That houses of people that you know personally and they had to follow bankruptcy and like damn, you know I feel so bad for that guy. I wish, you know, it's just terrible. It's a terrible situation What what the hell happened and then all of a sudden he's having or your favorite store that got closed down When my kids favorite stores toys are us, right went out there and and went out of business I'm like, I love that store But you did get stopped my kids going there when they when they had a clearance and it was selling everything off the 70% off It's like Sears. Who doesn't like Sears? So because because you love Sears so much you're not gonna go there and benefit from their catastrophe By now going there and getting everything on sale. So just keep in mind guys When it comes to trading you got to take what's out there. Okay, you got to take what's out there and you got to be careful You shop that pick up you see pennies, right? How's that working out for you? and Yeah, it's got to be a $50 stock There's no way that JC pennies is worse, you know that Macy's is worth more than that Yeah, you know blows my mind. You don't really blows my mind. What's it? What's the stock that you would never been think of? Burlington Co factory. It's like What it's trading at what like what is like 60 70 out a 90 dollars? I like I really I'm like But what is what it is? So don't question the street. So going in this this morning, you know, we had some great rallies We had phenomenal Numbers on Friday job numbers were off the charts But once again, there's always something else you'd be like, oh, it's got to be positive. It's got to be great Market should be upright and sure enough something else Turned it around. So anyway, what I'm what I'm telling you right now is that we're going into the midterms tomorrow and You know, the first thing I'm doing is that already did already on Friday. I'm in cash. Okay. I sold I told you this two three months ago. I'm selling everything. I'm not in anything. I gotta read all my swing trades I'm gonna sit back. I told you that's what traders do in October. They told about the October crash Listen, it's all about them booking and getting their holiday bonuses, you know Because they have to they have to have it in before it'd be out of those positions. So I that's why I was it's Just so coincidental. It's always in October, you know, so So anyway, so that's what's going on. So be very careful guys. I told you I didn't see I was here this morning I didn't see a lot going on there. I mean, there's a couple of stocks right there There's one right now. We're looking at the CLSD down. You could see it's breaking lower lows Don't think you can't stock can't go lower after being at 275, you know, look at a stock $14 stock I mean, it's on my shortlist. So, you know, it's one one good thing but going down the list Let me just show you what I found AUT on a AUT. Oh, sorry AY to you That was one I found this morning I had a little bit of a movement cheap little stock a dollar stock list and this was a $60 stock last year stock I decimated it's one of the first days up. It could be one of those comeback stocks, you know, you know What's going on? It's up 28% there's another one that looks like a comeback stock See I see IFS another one got destroyed from $45, you know, it's up It's at 214. It's up a little bit. We did pretty decent on Friday. You know, it's up 3% I mean, I'm stretching here. I'm really stretching here Let me tell you what really interests me. Who remembers here remember this stock H E A R remember this stock we trade was at a doll It was like 50 cents and it then just took off and it went all the way to 20 was not only was a phenomenal phenomenal Day trade it was a killer swing trade And I couldn't believe thing. Well, we went away to $50 of $40 the big thing what which really shocked me about this It never came back down that much. So anyway, here's been a really interesting stock It's not up a lot, but I just want to take something from the past I saw come up on my radar and I'm like, oh, yeah, I remember here. It's one of my big winners of 2018 Couple of the stocks. I want to put on the watch list. I in UV There's another one. It's starting to build a little bit of a pendant here. It's up 165% It's gapped up pretty nicely right now, but it's probably it's probably gonna go down I mean listen if you were up that much you probably take a profit to PV P T Another one I found this morning It up 9% down from 20. It's been going up nice and slow Kind of flat line looks one of those really early movers in the morning and then the CHK Another one that we remember Chesapeake stock got really beat up Looks like it's coming back a little bit a little bit everyone could afford to trade this anyone could trade it's a pretty cheap stock and Ben is just bringing up the ACB I'm gonna bring that one back up. You know stock took a huge hit. You know, we did really well Stock went up pretty nicely from 5 to 12 came back down did pretty good on Friday But up but overall I'm telling you not a lot going on It's not only is it it's Monday, but it's like the it's it's it's the eve of the election So I'm telling you a lot of people are just sitting on their hands and want to know where it's going now once again If you want your if you if you're you're a red fan, you know and you anticipate what's gonna happen It's great if you're a blue fan you anticipate the markets gonna go another Remember we are no red and blue fans here in trading. We're in trading in the room We're all traders and that is what you need to do. You got to trade the market. Don't Don't don't be angry. Don't be upset. So in the biggest catastrophes make the biggest opportunities So go out there and just think about it. You could be purple too. You could be yellow Actually, I like green, you know, because if you look at our colors and our website, I'm a green fan so I think I think was it Was it a red and blue might make green, I don't know I don't know my colors But I like green if you see my charts are even green, you know, it is I'm a jet fan. So unfortunately, I lost yesterday, but I Like green. I like the I like I like I like gardening. I like green. I just like green. Okay? So, uh, I guess I'm the green party Anyway, let's go out there make some money guys, just be very careful today today's money. Oh kidding aside Listen, it's it's it's it's not that much out there and I don't think there's anything that much is gonna happen remember I did cancel Less phase three lesson four It's gonna be moved to Wednesday morning and I says, you know what it's kind of like not the greatest market I want to waste a good market. So if you are a goal if you're a goal the platinum and diamond student just keep in mind Go out there and we're gonna we'll see how it works out on the morning of Eve the day after of the election See see how well how volatile the market is. All right, just be very careful guys. There's no rush You got plenty time to make money You see something say something Actually, I have a new motto see something trade something, you know But on a day like today and a Monday come back from a big holiday come back from a big weekend Just be very careful. All right guys. So good luck everyone. I'll put these stocks in a watch list and Like I said, just let's go out there. Enjoy it. Enjoy the enjoy what happens in the meantime, all right Just don't get too cocky be very careful Thanks, everyone. Good luck today. Happy trading