 Welcome back everyone good to see you done mark cliff everybody. All right, let me tell you this is This is pretty historic Terrible, I mean it is just unbelievable. What's going on regarding about the market guys this coronavirus, you know Gotta be careful what you wish for and you know When I was I was on a you know, I was on a couple of shows and doing a couple events and people ask me You know, they get my phone is just blowing up people ask me What do I do Fausto? Do I hold do I do this? I'm like listen I I can only tell you from experience that I've been through but it is just absolutely Just incredible. I mean, I'm making money on certain things on my day trades but I'm getting crushed on my swing trades and You know what the problem is that what I always look at is like The audio is a little low. Hold on one second. Let me see something here. Oh, there we go. All right. Let me just raise the volume for you Basically, I'm getting to the point where I'm like, you know, you always look at it. Could you buy things cheaper? I mean, that's where it comes down to it. You know, it's I Mean I'll start off with Boeing Boeing is just getting Decimated just getting decimated a $400 stock down to about a hundred. I mean you guys know it I own in at 170 and I'm like, do I sell here? I don't own a lot of shares of it, you know I don't know a lot of it. I kind of put, you know, that's why one thing you always learn as a trader You never put all your eggs in one basket but But you basically just a little bit here and there listen if it breaks through a hundred it's going to 75 You know, I mean, that's where the next support levels and you're talking, you know Five ten years ago where the stock was at so I mean like this is pretty bad. I mean You know, but it comes to a point where You know, like it you got to weather the storm If you saw what happened in 2008 You know people selling Citibank at a dollar, you know two dollars and I'm like, what's the sense? I mean, I'll got this goes down to that price. I mean, I'll be you know But but listen what I look at it this way If these stocks really fall to certain prices like I told you the biggest biggest thing to look at is buybacks and secondly They could be hostile taste takeovers. They're really really could be hostile takeovers And that's what you have to look at it So, you know, the president loves the stock market. He loves his American companies and you know And I know we love our American people and obviously they want to take care of the American people with the whole coronavirus But, you know, but the problem that's happening right now is like if you're actually listening and watching what's going on We really know if the worst of the worst has happened yet, you know, like they're just trying to curve it They know it's gonna get bad. Listen, I'm in a hot spot here in New York. You all know that, you know, we close down our office And everybody's working from home. We're all basically want the safety of my my staff and and everyone else But nothing really is gonna change Just our headquarters, we don't want to all be one office, you know, that's basically what they're recommending us all to do here in New York Hasn't been mandatory yet, but just want to beat the curve to it But the thing is if it doesn't get as bad as they they're predicting to get it and and the market is factoring in What it's supposed to look like a month down the road So if if if we are just up a little bit not that bad then you could see a huge huge rally in the market So you just have to kind of just There's certain things got to be able to weather it, you know You got to really weather that weather that storm and you know, listen, they're great companies. They're great companies So listen, it's still in business everything else don't only you know, unfortunately part about it's a global thing That that's one of the issues. So, you know, let's try to let's just try to be you know Be safe and and you know what your contribution to being healthy is gonna help the stock market, too But listen, there's There's actually a petition was going around I heard a rumor about it that they were thinking about preventing shorting I don't know if anybody hear about that There were they were preventing there was there was a rumor going around I don't know how they would do that, but there was something about preventing, you know that you cannot short stocks anymore You know for the coronavirus Kansas I'll kill myself Well, I'll do that Ken But Because because that's you know, and you know what there's some pretty that happened in 2008 Ray said, yeah, I mean, that's some of the ways of preventing people just keep dumping it You know what I mean? And by doing that they would have to cover their shorts but But anyway, let's go through the list listen You saw what happened yesterday. This market is so extremely volatile. We made of we're up over a thousand points We had a big run up in the market and now we're having the same thing that's going on right now now We're now we're down the markets obviously have been halted. We're down right now a 20 We'll see how the market opens up, but all I could tell you is this is that they're trying to do everything they can The stabilizes economy let people you know people be all right yesterday afternoon. I had to go to a meeting I was in Manhattan, you know full gear. I got the mask on I'm walking around look like, you know it looked like something out of a movie and rubber gloves and everything like that and You know, it's a You know with all the restaurants closed. I'm telling you it's pretty it's pretty crazy, you know Like, you know, so they're gonna hopefully you could beat this curve. That's all that matters now regarding about the market guys listen You know, everybody should be trading right now every would listen if you're confined to your house Why not just stay home and sit there and trade the market? This is Now you have an excuse that you have to stay home and trade So for everyone that's a listener watching it on YouTube and Facebook, you know We obviously broadcasting is live you guys in the cyber group room, you know it This is what you train for is it too late to learn? No, and you know what? There's gonna be going on for a while. So you got to start somewhere. So guys, let's step it up Do your homework, you know, you got class today with Josh in phase phase two. This is what it's about Now let's go back and go through the watch list, you know I'm not going to go into crazy about what happened yesterday. There was just the usuals, you know, the the airlines the cruise companies, you know, the Jesus the casinos You know, I mean when I look at 150 down to 54 48 is like I don't I don't even know if when was ever been down this low before so It's really all over the place. So There's gonna be listen, there's gonna be some screaming screaming buys, you know When it comes into it comes into this market just unfortunately, some of us have to bear the weather Now let's go through the watch list. There are a couple of stocks that I did post up there First of all, I know we've been watching this stock all morning. I know some of you guys jumped in. Hopefully you got in I try to put an order at like 460 when support level is right here Well, let me fix this time frame here And I didn't get filled unfortunately. I had to force into it So, you know, and we were watching it end up paying five that those and to get it a lot cheaper Did they didn't fill me on it? I put a limit order out there But as of right now, it's looking pretty good for some of us that jumped in Um, I pointed it out into cybergroup room. I told you guys There were some big big orders out there that were bidding up the stock. They obviously got filled um You know, there were buyers out there 14 000 shares What did I say? There was a couple there was a bunch of buyers out there when I called it out There was a 16 000 share at like 490 Then there was a you know another 7 000 share buyer, right at 490 again He kept coming out there and he kept opting and sure enough look where it is now That guy's got to get those orders filled. So obviously, you know, what do we look at another corona stock? All right couple all the ones m i m v I found this one earlier and I thought she was going to do pretty good, but now she's starting to back off. She might be a scratch And that that could happen that could happen Another one of the corona stocks right here 50 cent stock went to 350. It's up about 280 right now Stocks up pretty nicely. It's kind of flat Since 7 30 really hasn't gone anywhere vxrt so Here's another one right here another one that's kind of flat Another another big mover. This thing has just been on fire lately. It was at 110 dollars. This thing was Was at 25 another big runner up there ibio, which we've famous women trading this stock so many times This stock another corona stock. It's down to a dollar. It's up to a buck 40. She's making lower lows So I don't know if you guys are looking at I'll be really careful about trading this one right here So she's starting to make lower lows not as nice as the as the b b m r a which we all should have been in And if you didn't don't worry about this plenty more out there blue apron Doing great guys. I mean can't I don't know if you still have that you called it out early I know you didn't get a good price on it. You look like you kind of complaining about it But you know what it's doing pretty damn good right now. Listen, you know, you know the story about blue apron You know what people got to stay home like a confine. You got to you know, you want a home chef That's blue apron for you. I mean right there and that stock is doing great You're bought a buck 40 on it. Yeah, you go. Congratulations. That's what it's about So anyway, stock's been really strong. You still got resistance levels coming up So, uh, the only problem about blue apron guys, they did reverse stocks split on the stock the stock got destroyed and uh This is basically, you know, this company's capitalizing on it You're regarding not that they are capitalizing. That's just what they do And obviously people are going to vert to what they need, you know need to do to To hunker in their home. So blue apron is right up their alley and uh, to me honestly, it's all speculation I didn't hear anything. Listen thing took off from three dollars. It's already at 10, you know They remember Costco obviously, you know sold out, you know, selling toilet paper, nothing around people run flocking there I mean, those are the things you got to look at that are going to probably come out with great earnings I talked about that last time and then obviously, you know There's going to be opportunities out there. There's going to be opportunities All these stocks right there just getting just getting decimated. All right, so, um Veneto made about 40 cents at 940. Yep. I mean The thing is this if you're a swing trader an investor You are so miserable right now and so upset and you know what? There's other ways of making money in trading. That's why, you know, one thing I always tell everybody You want to be a good swing trader? You want to be a good investor? You damn well better learn a day trade first is what we're doing because that will show you right now that it is not time to buy I mean, listen, I got a lot of cash on the side That I I'm still on hold and I'm waiting for the bottom Um, but we keep breaking lower lows and we're not and until we hear the worst of the worst of the worst news And we're not going any lower. That's when it's time to buy and that's what I said on nasdaq That's what I'm saying on all the shows that are on all the events that I've been on And that's where rat, you know, you know, I did jump in listen. I'm not right all the time, you know I mean I make mistakes too and I Yeah, if you can't admit to it and you obviously not a good trader, you know But um, yeah, I mean listen jumped in a couple of here and there whatever it is long as not a lot of money, you know but uh But sometimes you get stuck in them. I mean really you got no choice You know what I mean? You still have confidence in them Just listen somebody's going to buy it cheaper than you and as a day trader We see that all the time you're looking at blue apron. I'll just make an example of that You're looking at it. Some of you jumped in at seven. Some of you jumped at five and some of you like well, you know He got it at four. I can't pay seven. Yeah, well, no one now it's 10 But if you got at seven, you know, you're doing pretty damn good You know and you know what if you missed it at seven and you jumped in at eight o'clock at eight 50 and like darn it, you know, I don't want to chase it 750 because you know Someone else got it. Do I buy it now? That's what trading is all about And that's where it comes into trading. You got to have a game plan You can't hold back. The trend is your friend. Don't buck the trend Thanks a lot, Jeff. I really appreciate that I try to be as honest as possible. Listen everybody's out. You know, it's so funny um I get a lot of lurch from other people that that that that try to do what we do And I haven't heard about them. I haven't heard them around anymore. That's the other funny part. You don't hear them speaking anymore right And and I'm not here to bash anyone by anything, but I'm just gonna tell you right now um If the person's not broadcasting and the person's not continue to do what they're doing and they're not because this is this is This is like this is our time to shine Then obviously Joes to you if they're a swing trader or an investor or a day trader Because day traders are cleaning up right now and you guys know that the big thing we learn as day traders You just don't hold positions overnight And you know what trying to catch that bottom is going to be really difficult So I just got to sit back and and and watch you know what I mean, but um That's that's that and that's really like all I have to say so in the meantime guys listen You got class today. Don't forget about that if you're not going to be in class Um, you know, we're going to be right here trading all day and then we got the afternoon meeting Let's just do what we do and still make money. All right guys It's been a it's been a hell of a market is what you're trained for so Let's go. Let's just keep up the momentum. All right and and remember you see something cyber traders You say something in a trading room. You're in a position. Let us know if you get out of it Let us know if you make money, you know what don't brag if you lose money That's okay. Let everybody know because if you don't You know what? You could be a lot worse. It's all about keeping your losses small and run with your winners. Good luck everyone. Happy trading