 Good morning cyber traders welcome back on this lovely Monday the 6th of April. How's everybody doing everybody? Welcome back. Good to see you. Good morning. Good morning, Bonnie. Good to see you Ben. Good to see you John Everyone welcome cyber traders and welcome new traders that are here today. I know it's Monday It's usually your first day on the job like to welcome all of you to a for a better life Hopefully buddy who's been enjoying this crazy market We had so anyway Just a real quick little recap about last week before we continue going into today and you know It's gonna be a very short week due to you know, good Friday but last week was a for some of you that you know traded last week and or You know it's the first day on the job here. We had a couple of really good days LK was obviously the Spring that buff right here. I picked in the wrong window Probably our best trade of the week last week a lot of us made a lot of money on the stock LK doesn't look so pretty on the long-term chart, but you could see it went from like 25 down the four bucks and You know, one of the things I just want to reason why I'm bringing this back up is because last week Ken says it was unreal last week. Well, listen Ken is what you trained for right? It's what we all trained for But regarding about the luke and coffee Regarding about I want to just reiterate Remember, I told you, you know, don't go back and trade that stock. Listen I've made I still I make mistakes. I've been in this for 25 years and You know, sometimes we have to learn from those mistakes over and over. We're always learning I don't care how good of a trader you are great traders never stop learning and LK reminds me of the drier's trade DRYS. That's like I got bought out the you know Some of you remember trading all the shipping stocks. Well, I made a killing on that stock, too And then what happens after you keep, you know, you want to go back and like, oh, maybe make You know, the things moving again is moving again. And I know that we looked at LK and I says listen from experience guys It's not a good trade because There's so much volume going on right now You deal with so many people that own the stock at this price. It'd be very very difficult It has to break a barrier before he gets there But but that stock was just, you know, we made money killing on a short We made killing on the long but this was bit by far the best trade of last week now regarding about Friday You know all the obviously, you know what happened with oil So it looks like they're everyone's raising the white flag between the Russians and the Saudis and I think they come into a truce But oil had a nice little run yesterday on Friday, you know But I don't know it was like everything was gapped up and things started going up a little bit not completely sold about it I know it's kind of bummer for some of us, you know, it's pretty funny The oil took such a hit. But for some reason I didn't notice too often on my gas pumps I guess maybe because nobody's buying gas because nobody's traveling around anymore But it's so funny when oil goes up they raise the price like that day But when they when oil goes down it usually take they say oh well waiting It's gonna it's gonna affect about a week down the road because they didn't get their oil delivery I tell you what a bunch of scammers like that bothers me so much. But anyway But there's a lot of good stocks that are that did well last week now We're going into this week and William Island actually came up and said send me a Private message was asking me what how it's gonna work out with the holiday weekends. Well, listen You guys, you know being a student here some of you've been here for a long time And you know what it's like to be during a holiday and regarding about you know, good Friday the markets only closed I think seven days out of the whole year and Because it is a short week and because obviously everyone's pretty much home I don't know. I don't think it's gonna be that much in an effect because I Think we're everyone's been on vacation for about almost a month now So everybody's home always is gonna rush to the airport or whatever it is So I don't really think that Thursday is gonna be that much of a of a of a an impact of a slow market as much as If it was we all working and people are going away and kids are off, you know for the holidays You know kids were off that week, you know for vacation, whatever it is so I don't think it's gonna really be that much of a, you know a An adjustment in the market William and and everybody here, you know being a student for so long, you know all the All your veterans have been here for a while. So I'm looking to be excited going all the way to the end of the week But it is the market is closed on Friday So and for everybody observing Friday, you know, you know happy good Friday But we'll talk about that on Thursday in the meantime It is a that's true, too, and that's another freak thing to run, right? It's Passover, too that is on on Wednesday and Thursday, which is very very rare. That's right next to each other So that's but once again, I don't really think it's gonna really be a factor I'll find out we'll see what happens on Tuesday, but Everybody like I said, everybody's already home. No one's got a rush to catch the next airplane I don't think I was gonna be catching a plane for a while Anyway, or getting on the next cruise, but you know, but anyway We'll see how it plays out. But listen, I'll tell you one thing though. I Could tell you this. I'm hearing all this news. I've been watching on the weekend see how it's gonna affect the financial markets Obviously the markets up over up this morning We're up about 700 points and we really haven't gone anywhere. We've been stuck around this 700 So it looks like we're they said that there's gonna be a worst week In New York City regarding about deaths because of the coronavirus, which is gonna be a really really sad thing But the positive said that they the cases have not came out came in as much We'll see what happens in the next day or two see how that affects But I don't like when they talk like that because then people start thinking, oh, no, it's safe to go outside Listen gonna be like this going all the way to the end of April But as the traders, what else we got to go, right? We're sitting here. We're trading. We're doing pretty well Market has just been fun. I mean, let me tell you it's just been an animal more and more people now want to start to learn How to trade and you know what? You know, it's it's like, you know, what where you've been all this time You know what I mean? This is this this is the basically the future and you know It's about time because they want to take imagine your own hand, especially you want to capitalize it I'll tell you over the weekend. My phone has been blowing up, you know People out of the woodworks are now starting to ask me. Hey, well, how's the market doing? Can I get in there now? Everybody wants to start learning how to trade and you know what? Like I tell everybody it's never too late. So anyway regarding about last week and now going into this new week, listen It is Monday Tell you the truth. I don't really see that much action going on in the morning and this is typical for a Monday I thought the same thing on Friday. My Mondays and Fridays are pretty much the same But I'm coming back from the weekend. There are a couple of things news that is coming out But like the mortgage stocks are obviously doing pretty well. We'll look at them I Amt is one of them. I Mean they're they're gapped up up 17 percent. We did really well on these mortgage stocks not too long ago I mean remember you could see it right here on the long-term chart that the stock were from a dollar all the way to $2 I mean, we had a great great day trading that stock and they came right back down to its support levels But this is just one of them. There's several of them out there. That's do that are moving IVR There's another one that's gapped up this up 17 percent What else? GP MT, but I only think I'm not too crazy about them. They're I don't know They haven't done anything in pre-market. They haven't really done that much in pre-market But it's but they're all gapped up and you could see what the overall the market doing You know was still stuck here at 700 So let's see what happens when the market opens up But there are a couple of other stocks out of moving. This was a pretty freak one I don't know what the hell this was all about this thing went from $10 to 26 Talking about getting halted at 8 o'clock and just gapping up that big talking about a hundred and twenty percent mover And now starting to come back down. It's down 19. So Obviously, they must came up with some pretty good good news on the stock It was nice to be in something like that was at $10. Unfortunately, I wasn't but you know, but buying it at 26 you're probably literally like ripping your hair out now 20 but We'll keep an eye on it, you know, I want to see what's going on obviously six million shares not too crazy ECN orders out there, but there is an iceberg order I have a 14,000 right here at $19 and 81 cents. So that one's not not terrible EGL Y Another one that's gapped up about 30% 300,000 shares very cheap low stock So as it you know, long as it stays above about a dollar it makes things a little bit easier You know, we don't like to trade when we start dealing tenths of a penny that one's doing pretty well Then you've traded Delta did pretty well on that one. Yeah Delta looks pretty good Nice little pop right there on that Delta made about 70 cents. All right. Good for you. Give me a round of applause You're net 20. Yeah, I mean the all these stocks took big hits I mean with the market, you know, we had a good run up now the market came down The only this only thing I noticed that Ben I mean, there's a lot of the stocks that are moving but the the airlines haven't moved yet, which is kind of weird I mean everything else is moving up Everything's gapped up pretty big I mean, you know, I've been a big fan of Boeing Boeing's also a pretty big right now up 6% But this is basically been up a lot of them a lot of them up of doing pretty well Just it's funny the airlines didn't move move too much PWO is another one I found this morning But you see how they like flattened out Doc went from 15 down to 2 Now it's gapped up about 38% So, I mean, I want to see how these things open up this one also I know a lot of you guys were trading this one this morning Way fair this stock obviously is so sad every time I I look at the left and I look at the right chart You know, one's the one-day chart the other ones like the is the is the you know Is the yearly chart it's just so sad to see so many things up down there. It was down to $30 Holy crap $150 stock down to 30. I Don't know why we fare. I mean, I don't know how we fare got affected so bad to it I mean every just an online store, but this thing took a huge hit Well, you know what only went from actually was at 110. It was on its way down since last year But I always look at what happened in January to kind of really realize where the market was But yeah, I think was at 110 down to 30 got pretty big almost made half back It's half back its money up 29% that was a pretty good trade right there. I Know I know you guys been watching this one pretty well This one's been doing great. So so far this one's been the nicest one so far this morning You could see front. Remember what I told you 830 is the move. There's two moves in the pre-market There's the 8 a.m. And then there's the 830 and then after that 9 o'clock Then he all of a sudden is where we start getting all the shakes and whatever But usually that 830 is where program trading kicks in and that thing did a really nice move at 830 740 up to almost like 850 60 right now great great move great volume 1.7 million shares already trade up 10% Look at the right-hand side great great iceberg orders out there good volume great trading stock But on I would I would be careful like I said, I mean I've seen the mortgage stocks up But I don't know what that's all about, but they're all moving and Let's see how they open up, but there are some of those good stocks that are moving up This isn't obviously been treating us the best and then obviously with the market being up You got some of the airlines Moving to I mean is American Airlines. I'll tell you once I broke that ten dollar price range Oh, that was terrible for American Airlines. They didn't they did not want that now Remember ten is a major resistance levels All right, I know got FD approval for the coronavirus test in beginning today All right Is that the I know did they did they the one that made the the 15 the 15 minute test Ron Is that that one that what it is? You know that they were talking about that one. I don't know the little ones that made it But um, but if that's it, you know once again remember guys Stock went from four up to 20. We did great with it. Guess what it came right back down to six. So, you know, remember these are not Just remember these are not type of stocks that are long-term trades All right, so be very very careful of which ones, you know have FDA approvals and what they're selling which they're not All right, so they're all very speculative, but just remember what we say take the money and run All right, so there's your watch list guys remember it is Monday, so let's be a little careful going on to this week You don't really have too much going on because of when we do got the open house That's on Thursday, but remember the market is closed on Friday So but no one's rushing to go anywhere and you got pass over, you know on on Wednesday and Thursday, so There's no place else to go though than to hang out here and trade together So if we see anything good see something say something and if you new to Cybertree University For all you new people that are starting here on Monday, please keep in mind this is not a teaching room Okay, there's a trading room. You sit back watch. Please don't trade anything that we're doing. You're just here to observe Though, you know to see if it's for you or not if this is something you want to do Then we'll we'll talk we'll talk to education visor and explain to you it But remember just look listen and learn all right guys. Good luck today. Happy trading and we'll be starting commentating in 10 minutes Once the market opens up. All right. Good luck everybody