 Good morning cyber traders welcome back on this lovely Friday locked up still with the coronavirus has everybody doing is everyone still They wouldn't graduate their kids Officially gave my son a certificate yesterday three days home schooling He finally graduated You did Ken Good day so far for you two Wayne. All right Never again ever having kids Bonnie They're great. That's fine. I don't know about my wife, but it's been a lot of work Kind of losing their mind cooking a lot of good stuff though cleaning out the freezer I could tell you that But anyway guys, what a hangover from yesterday. Holy crap. I mean yesterday was just literally one of the best days of us trading in a long long time and I think everyone did really well yesterday After what we traded there was so many great stocks the pot stocks were moving the mortgage stocks were moving Just the list went on and on and on and we're going to check out and check them out You know But before we do that guys just a little heads up. You'll notice that I have the upcoming events coming up Coming up We got a lot of people that now are Want to learning how to trade. I mean listen, I told you like in the last few weeks Ctu we have we're getting so many people that just want to get and learn more about How to trade the mark and everything else and we like to thank you all And all the fans out there to kind of Help ctu and be part of it, but I just want everybody. No do not feel bad because I hate saying this it's not everybody But it's nice to you to come in here and see what it's all about and then make a decision before you think In like oh, maybe this is an opportunity to get in It's something it depends what kind of trade you are but you know, but we're more than welcome to kind of explain it to you And thanks for being here now next Tuesday. Don't forget. Tom Sosnoff is coming Back from tasty works. He's the founder of thinkorswim And now he uh, he's the owner of tasty works. He's you know, so It was a great event having him here at uh Last month. He always brings a big crowd. You all know him very well Probably the best options trader I ever met I'll never forget tom. Uh, we always told me one day when I met him in his thinkorswim office For the first time like 15 years ago And uh, I've done so many events for thinkorswim He uh, you would think like you walk into a day trading room of a trading room And the guy's gonna have six to eight monitors and I saw him trade with one monitor So just just before we get into what's going on. Just want to tell you this funny story He said I'm like I'm like, uh, Tom guys I'm sitting there waiting for having a meeting with him getting ready to do a present presentation with him And I said Tom, can I ask you a dumb question? He's like, yeah, sure anytime Well, uh, what's your question? Um, why do you only have one monitor? And you looked at me and you know what he said the greatest line ever He says falso if you can't make money with one monitor, how the hell you can make money with six You know, so, uh, just keep that in mind because everybody's always asking about You know, what do I need? Do I get the brokerage firm this and that? I tell everybody like We had some people that that joined us And they're like, uh, I gotta get my brokerage firm account up and right Don't we only get your brokerage firm up account? You know what before you learn by the car, let's learn how to drive first and that's why you're here So with that said everyone, let's go into the market and see what's going on. There's been a lot of good action Listen, it's friday Market is down right now. We're down 750 points all because of one grandstander, uh in in congress is, uh Regarding about the bailout this bailout. Listen the rally that we had in the market Is all predicated on that bailout and now you got you got somebody out there everybody wants to throw their two cents in and um You know just shows you how What's our word of looking for but like how sensitive this market is regarding about You know about this whole bailout So, um, you know what people are dying out there, you know, I know no one not everyone's happy about it Uh, some people are ticked off about it. But you know what? What it is what it is. You know what I mean? at the end of the day at least we all know We can come up with two trillion dollars. We come out six trillion We can come out with we come out whatever we want great. You know that that's what makes us, uh That's why everybody here and everyone all over the world wants to trade the u.s. market So we got to protect that. So anyway, uh, listen, we made a lot of money in the market already. So I mean we're crying out loud. We almost doubled our money in in in in uh Boeing for crying out loud. So, um, and that one worked out great for us But uh, but listen, you know what this this whole corona stock stuff I told you this guy's a long time ago when you came here. Unfortunately our biggest profitable days In trading is these catastrophes I didn't you know I didn't hope on it But I told you is what we look for and unfortunately it was out worse than I expected Sometimes you've got to be careful what you wish for, right? So anyway, let's go talking about what's happening in the market Regarding about some of the stocks that we traded. First of all the t l r y I want to bring up that one right here. Oops. They spelled it wrong There we go. So t l r y Let me just fix the time frame here so you guys can see what's going on That one we had a really nice move. You can see it's seven o'clock this morning t l r y had a really really nice pop on the long-term trade This stock's been doing really well pot stocks. We did really really well with yesterday a c b is another one Another pot stock. What am I doing? Here we go That one also had a really nice move 80 a that one Uh, this one is not really Or there we go. All right, so that one's also moving up pretty nicely I mean, I don't know why the pot stocks are doing maybe everybody's home and smoking pot. I don't know. I mean, listen, uh You know, they said that alcohol price alcohol went up people are drinking more when they're staying home What else are they gonna do right? So anyway pot stocks I didn't know I didn't hear any rumors on it news on it, but they're all moving a c b is moving Crohn's is moving. We made money in all of them that stock 540 to 660 Look in a matter of like two hours. They all did pretty well But the real real real big winners The real big winners that we made a lot of money was on the mortgage stocks the mortgage stocks. We did great yesterday uh ny m t Was phenomenal that one buck 40 went to 220 and then you could see it gapped up now they're going back down I don't know what's up with it. But I think the mortgage stocks Uh, I didn't really hear the real big news on other than knowing that this has a lot to do with the I guess for the, uh The stimulus That one did really well. What else we had the g P m t all of them were great stocks in pre-market Back was at three dollars. It went to nine F in dollars this thing was unbelievable We killed it. The only thing I didn't like about the g m uh the g p m t better than the Uh ny m t this one had some nasty shakes And that was the that was the big difference. You could see that the stock was uh shook us out shook us out a lot Mfa was another one that moved pretty nicely yesterday a buck 40 to 280 I mean they're all up 100 200 300 percent But when you look long term eight dollar stocks went down to a dollar that's like Tesla at 800 goes down to 100. I mean it's it was pretty bad with these stocks got pretty crushed on it IVr was another one too. I think we traded too. Yeah That one moved up pretty nicely too But they're all starting to trend down because the market's going down Down about seven sixty. All right, so let's go see what's going on this morning Um, there are a couple of stocks that are moving pretty nicely that I did find Uh, first of all pot stocks are still moving again But uh the bkyi I don't know what happened with this stock. It was moving pretty nicely this morning And then kind of like kind of flatlined over here I don't know if it's a buyout or whatever, but you can see the stock's up 300 percent and I don't know just kind of just gapped up. I don't know. Is it a buyout or something because it's just kind of stopped So i'm assuming that's probably what it is be up that much and not going anywhere. That's one of them So what else we got we got the I threw the The tl ry again I'm going to watch the pot stocks because once again up 12 percent from yesterday 2.8 million shares You guys remember this stock we traded remember the stock went to about a hundred over a hundred dollars We killed it on this stock. So this one is also going to be on the watch list Uh, yeah, I know, uh, wane. We posted, uh, oh josh just posted the news on the b by uh The bkyi. Absolutely. Uh, what else we got we got the I'm gonna we have that one right there. That's a pot stock Thrones That's a pot stock not up a lot though felt it wrong But um, there's a couple of them that are actually moving pretty nicely. Um, I would keep an eye on the Is another one too. That was another mortgage stock that moved got to throw it out one in m i t t They're all they're all actually moving pretty nicely, but now looks like they're starting to back off so Not too really sold on them. I mean you had this one too IVR that one moved up pretty nicely now. She's starting to kind of like back off. I mean, it's not capped up pretty nicely Anh another one They all kind of backed off. These are all these mortgage stocks. They're all they were all moving pretty nicely now the back and off, um Regarding about some of the other stocks that are moving on That are not in the mortgage industry Uh, ph un this one gapped up really nicely now. She's starting to break down. Um This was a head fake. This was a head fake I hope no one got caught up in it, but it built a beautiful foul still flag And then right around 840 she popped from 96 10 to a buck 15 Trading, you know pretty decent shares 650 000 shares This stock got crushed If you go back a year, the stock was like 600 dollars. I don't know what happened. This thing got just decimated, but anyway New I mean stocks trading some serious volume today the big issue. I want to remind everybody Like I what I mentioned earlier. I'm going to repeat it again. You have to be careful Uh, oh, is that neil of bky. I got a 45 million dot contract built secure e-commerce infrastructure in In, uh ryega. All right, well Pretty big contract, but I don't know why it didn't really go anywhere. It kind of like popped in that was it Be careful of the spreads The spreads are going to cross you if you look at these spreads remember You think you you think buying a stock is cheap you get about being cheap the spreads will cross you Okay, if you don't get the stock at the price you want it Don't buy it because by the time you get in the pie time you get out you could it could cost you 20 cents Just a spread alone 10 in 10 out Be careful of the spreads. Okay, especially this ph un. That was one of the big things that threw me off Uh astc That one pretty much the only one i'm finding that's got a good move to it Now listen the t I want to bring this up really quick and I want to remind everybody The t s that the astc You have to be very careful with this stock because we teach you in class how to do your journals Go back to your journals And check out the stock Okay, remember this is not a teaching class. There's a trading class. Okay. There's a trading class so I want you to go into your journals and um Go back to your journals See how you what we taught you and and be careful because this is going to help you trade the stock a lot better than uh than expected. Okay, so um Learning what you because I always tell you this you're going to trade these stocks again Maybe not tomorrow. Maybe not the week from now, but maybe a month a year But you are going to trade them again. Unfortunately, unfortunately for this one We just traded about three days ago. So keep an eye on that one But also I have l t um LITB is another one that I found that was moving pretty nicely You know, uh, this one's starting to back off now. Yeah, I don't know what happened It'll start to back off a lot up 46 percent So, you know what? this is friday And this is typically what what friday looks like. It's not the greatest day You know tuesdays wednesdays and thursdays are the best days to trade Mondays and fridays are not always if you go of your journals what we taught you and you look at your monthly journals There's two different journals the monthly journal and the daily journal uh And you know, and if you're a student at ct when we review your journals It's important that we have them because that's how we kind of you kind of learn you have to learn from those mistakes You're gonna lose you're gonna make mistakes the faster you make those mistakes Because you're gonna lose money in trading the faster you learn And then the the faster you won't do it again. And that's how you learn how to be consistent. So, um Eyes are right now not the greatest list be honest with you. There's this and that's okay Listen, not every day is is rainbows and puppy dogs. Okay, but Markets down You got somebody it's grandstanding in congress right now regarding about the stimulus you could see how sensitive the market is to it we killed it with um With with a lot of the stocks that we traded a brand name stocks if it was uh Bowing if it was apple if it was you know Airlines if it was the cruise stocks, that's fine. Listen It it's healthy for the stock to back off you want the stock to back off Because you want people and you because you want it to build support levels And as long as they hold there, we're going to be doing great now. Remember, I know we have a lot of new traders that are joining us. Listen Um When the market opens up We always find new stocks. So don't worry about it. This list is not stitch and stone not everyone are big movers Some of them were better than others But we always find new ones when the market opens up and as of right now in pre-market. That's pretty much what we got going on All right, so um, let's go out there and work to get like a team guys. Don't forget to cut it to remind everybody Next Tuesday, we'll send an email for you guys to register my very good friend Tom Sosnoff the founder of thinkorswim the owner of tasty works is going to come back on here at cyber trade University on closing bell look forward to hear his um his strategy and The greatest thing that I think I want to talk to him about is we would talk about the corona stocks You know when he was on last month And uh, love to hear his feedback now after we were talking about it So you make sure you watch that video the recording that we had of him last time Because i'm looking forward to interviewing him this time around and see what he thoughts. All right guys. Good luck everybody. Oh There we go. Oh, yeah, that's right. I'm almost almost forgot. Thanks. Josh for sharing that today guys phase two starts at 10 35 And remember gold and platinum students only allowed in it um And always remember you have to learn before you could earn. Okay, so um class is very very important You got to be in there. That's you paid for it. That's where you're going to learn how to control those losses and uh Now we get into the middle part of the courses in phase two so you very uh, let's get all prepared for that All right guys. Good luck everyone. Happy trading. We'll see what we'll be commentating about 10 minutes when the market opens up