All right, So let's see. it's about oh ten of nine sitting here looking at the Gap scanners have already locked up a few trades this morning. Today is, uh, day four of our All-Star Trader summit. We're downstairs.

Yeah, so it's me and Chris uh, everyone else had to go. they went home. so um, we're gonna, uh trade this morning Chris trades the short side I trade to the long side. We will probably be trading the same stocks because we'll be looking at stocks that are moving.

We both did well on Silo and we both made money on Silo earlier. Uh, there was a long on it and a short I only made 500 bucks. How much did you make? 300 300? Okay, so there wasn't a lot of money on the table on that one, but um, you know, whatever. that's fine.

So this one popped up. There was some news, but then it came all the way back down. So I don't really love seeing that. It's a little discouraging.

I had a recent reverse split 200 moving. average was a little close and it just wasn't able to hold up. Indo popped up uh I didn't trust it long and you said you couldn't find shares to borrow? still none. So I don't know.

just left it alone. ampx traded this one yesterday afternoon. went red on it Chris went red on it too I did. so we both closed red on it I made money in the morning and gave it back in the afternoon.

Me too. Uh, that's exactly what I did so. uh, you got this nice move but it was choppy. It wasn't easy to trade and we both lost long and short which is, uh, quite impressive.

but we did it well done this morning. Uh I have made back 1600 uh on these trades here and so this had news yesterday. it came out in the afternoon right at I think two o'clock that's what gave that Spike and so we might see continuation into today. Excuse me? Um, so I'm thinking on this one.

you may have some uh traders who did a swing trade to the short side as I know you were Chris thinking about it. So it's still relatively light volume, but if it breaks through the high of yesterday 11 50 it is a recent IPO So we have room and it's got news so you know it's got some of the things that we would look for I think um, it's a little bit below 11 right now. not quite set up at this moment, but keeping it on watch Shares are not available so you know a thousand shares would be 280 bucks. You know 30 cents is a nice winner.

So to pay that all in uh, borrow fees and then of course you still have commissions on top of that. So yeah, it's a little not looking like a great short right? so that maybe is gives adds a little more conviction to trading it to the long side. Maybe Um, all right so that's that's kind of the watch list so far. um, leaving Gappers Hook Pharmaceutical Cheap? Pretty flat? yeah I don't see anything there ensv a little cheaper.

Also, it's been a little bit of a theme on penny stocks. uh Manoli Hamang I think uh Max and Danny were watching them yesterday I'm I'm not I I'm having a hard time getting on board with trading them. so I think I'll leave them alone, but we'll see Ampx so we've got three minutes till 9. A.M So I'm gonna hope for some news at the top of the hour.

I did start with penny stocks when I first got started I did and I didn't find them consistent I didn't find the patterns consistent but you know at that time I was trading. You know these penny stocks that were just like, um, you know I don't know some of them might even been OTC stocks they probably were. They were the sort of email newsletters that you get. You know this is the next hot Penny Stock And yeah, some of them did go up, but I wasn't consistently making money on them and so I looked for something else in the market? Dip there at 75 on Ampx I like that green candle forming added at 90.

looking for this to break back over 11.? there's 11 on the ask? Nice. a couple hundred bucks there. We'll go back to 11 15. Let's see 11 20.

Nice big green candle off of that. Support a little bit of profit for right now at 93 seems like there's a seller at 11.. look at the five minute chart. This five minute candle little premature, but a nice bounce there off the 20..

Wish I'd gotten a slightly better fill, but that's okay so we'll keep it on watch for some more trades. kind of chipping away at it. Nice Timmy Good job, bless you. So high that candle was 1101 New Order 11 10.

quick trade there. reminder for those tuning in uh for the Morning Show on YouTube In case you didn't already know, trading is risky. My results are not typical and most Traders lose money, so you should approach trading cautiously I Want to remind you as always that there's no guarantee you'll find success whether you trade on your own or you'll learn from me. So take it slow practice in a simulator.

Don't trade money. You can't afford to lose dip at 82 there on ampx. So buying the dip looking for a retest of Uh 11. got 83 84.

out flat for now, it should have bounced I look for a spring and it didn't spring. Actually made ten dollars on that trade. All right. we've got about 30 minutes to the bell and we've got news possibly here at the top of the hour.

so let's watch our scans and see if anything pops up. Let me know if you see something squeezing and we'll see if we get an algo squeeze here at nine. Watching Not seeing anything yet Kold but that's a Natural Gas and PX a ton of bull flag here. That was first pullback.

this is second nxtp a little cheaper do you have to say once? I See there's no locates or really expensive locates. One of my first thoughts is it should probably be a good long right? Yeah sideu small pop, low volume. Yep, a rep cheaper. Another starter there at 83 on ampx.

I'm just looking for that breakthrough. 11. first five minute candle to make a new high. It feels to me like this is a bull flag so holding right now.

Looking to add for the break of 11. and then looking for 11 25 1152 Target added right there at 11. nice Now look for 11 15. add I added it right at eleven dollars.

hmm flat at 85. Small loss. should have broken right away. Double top.

Well I actually don't have Macd on this computer I can add it I haven't been. This is my other trading station so you can start study Act d I Would say Empx is probably getting a little crowded at this point. Yeah, yeah, only 30 minutes to the Bell Yeah, good point. Some news on phase floats a little higher.

Big spreads? Yeah. I'm on this one before too. Three cents. Okay, crowded, thickly traded, congested.

starts to not move very quickly. Float on phase. 70 million Shares a little cheaper. Floats pretty low.

Starter there for me at 201 on Ttoo. watch for ad at 2 15. we've got news added there at 2 15.. now looking for a squeeze up to 211 220.

I'm locating shares, see if there's any available. Let me know. I'm gonna wait. Average is 203 78 Lost on the rest of it.

These cheap ones are so tricky these these pops and then the seller. It's like an algo that comes in right away. This one popped and dropped too the other day. immediately.

Did it. Yeah, not this fast. but I've had a spike and failed pretty quick. All right, leaving that one alone.

I'm not gonna go back for it so we're not seeing things holding up right now very well. Ampx: I Still like that one, but it's below V web at the moment. So episode 10 of the podcast is out today and that is my interview with Chris So it is now, um, on the Podcast for those of you guys that want to check it out and thank you as always for those who've left ratings on the podcast and who enjoy it so you can check that out, you could share it with some friends. I Only had my fifty thousand dollar but I had just hit my fifty thousand dollar badge when we recorded that.

Really? I thought it was a hundred and now I'm closing in on 250 000. that's awesome. So I've been able to chip away some small gains this morning I'm still watching Ttoo I don't like that rejection. but yeah, and I don't really like that price either.

but sometimes they open up. definitely. I enjoy the two to five dollar. right there it goes.

Yeah, two, only a couple months of time between 50k and 250. coming up to 250. I took it quick. Okay.

I took a starter here at 199. Sure. C2 Ttoo short? Okay, yeah. Kevin all keep that one on watch for side chart.

Uh, interesting rejection even though it's SSR Hmm so we've got some empty seats at the table today. We'll be looking forward to having another. uh Summit here. We'll keep you guys posted on the schedule.

Big seller at 98 on Ttoo I have 2 000 shares at 199. Plenty of room to add. Yep. I would probably sell pretty aggressively if we went into the twos again.

Yeah, what's your what's your target like 90 or 89. Target on this would be 90? Yep, yeah. 10 cents. All right.

200 bucks. It's not bad. yeah. I've captured a wild short seller and I've brought him here so I could study his mind and his bear trap better.

Understand him. This is the the truest bear trap. Those doors are locked. He will not be escaping Thank you.

Giovanni All the Bulls have been psychoanalyzing me the last four days. Yeah, really trying my brain put him on the couch, try to figure out what's going on with him. Clearly something's wrong. It's very pessimistic about every stock he looks at.

My guess if I do put weight into news I definitely do stronger news I'm much more cautious about shorting strong positive news, but if there is what looks like weak news or a week press release I will have more conviction to the short side. Yeah, cool. hey, it looks like someone just unplugged your computer. Bummer.

Sorry about that. Hey, wait a minute. why can't I cover nice Timmy Looks like we're gonna get a slow fade tt00 we hit 90. Yep.

good work, Nice trade. Not a lot of meat on the bone on it. but yeah I mean it's something I'm glad I got it away on it because it was a little lower than I even wanted to be honest. Yeah, but uh yeah I covered.

Good work. So I don't know? what do you think? Is there anything else you're looking at going into the open? Not really. Um I will keep an eye on ttoo hmm. Hook isn't doing anything but she locates and might get a flush at the open.

so I'll keep an eye on that. um no shares available at light speed for that one. I'd probably look for a yeah, it's a penny a share on Guardian I'd probably look up for a pop short into any pop at the open. Okay Silo all the way back down to five.

Bummer! Thank you for those tuning in on YouTube for hitting the thumbs up. You guys have enjoyed these episodes. So I think Esther's asking you know when do I locate shares? Is it when I'm about to make a trade? or do I take them early generally I'll locate shares when I see a setup coming? but I won't always take it. It's got to look just right.

I would rather lose the money on the locates as opposed to getting in a a bad losing position and then losing money on top of my locates. So it's been kind of a slow week. I mean haven't had anything really super super exciting a little bit here and there. Overstayed my welcome a bit yesterday.

I Think all of us this week who are trading here were kind of mixed. A couple red days, couple green days, not a big week I Don't think no, absolutely not. No, not a lot of great picks. I Got great setups so we're kind of in a little bit of a slack tied a little in between.

This isn't really a time to try to dig deep and fight hard. It's probably a better time just to keep your head down and not overstay your welcome. You know I mean one of the challenges and I was we were talking about this the other day is you never know at one point we might get one that all of a sudden in the afternoon or whatever squeezes up makes a huge move and Manoli's like I don't care if I miss it I have no problem missing it because the next one that pops up on sympathy. Boom.

that's the one that he's gonna jump on. Yeah. and I think we're all just sitting around waiting for that. So when we start seeing signs, it could get fast.

Yeah, happen fast. Yep. I think every morning we're coming in and hoping today is going to be the day. Yeah.

Foreign. You know you want to. you want to look for opportunities, but you don't want to be. um I don't know I don't know what the word would be, but cautiously optimistic, cautiously optimistic.

Yeah, that's the spot. I Think it's especially hard, especially after having a really good month like August was incredible for me. Yeah, and then going in September which is very slow. It was kind of difficult to wrap my head around that it just wasn't going to make as much money as I did in August Yeah, so, but sitting on the hands and waiting is uh, you know that's that's the edge.

Yep, foreign. Thank you guys at Warrior who are doing the pro preview and I'm going to share some things with you when we end the morning show. Um so I've got some exciting things coming up to share with you. Jess Any wild card stocks looking for a wild card today? Come on, give us a wild card.

There's got to be something out there. Chinese Yeah recent reverse Chinese ticker are you watching today? yeah what a funny cost basis. there sub Penny like way way way way down. All right Jess says he's looking, he's looking foreign foreign.

thank you. Ten minutes to the open. added back on Ampx 1200 shares there right at V web. Yep, great call.

that was a good one. Good call I like it holding 600 so that consolidation right under view app brought it right up to 11. Just like you said now is it break through 11. average is 64 but I only got a partial fill now I did not want to chase it I put out two orders and what's interesting is each one got a partial fill.

Why did one get a better fill and the other got zero? I don't know. but I got 792 shares on one and 500 on the other. So like 1100 shares. I Would say the main problem with Ampx is that it's not on the Gap scanner so it's not going to be as obvious as some of the others.

Um, but I do think that you have some people that are swinging it short that are going to be dialed in on it because they're still holding a position from yesterday and I think that that's where maybe we get that squeeze. So then at the open does it start to hit the high day? Moma Scanner Does it start to really open up? Maybe? I don't know. it's optimistic again, but it's a possibility. Ampx looks bullish to me.

The daily chart looks Prime for a breakout I Know it does. I Had such a good day yesterday. Continuation Day two: 15, 39 daily level. So Gap and go.

Yep, but gapping up I guess but the price act. Yeah, it's not a guesser. it's not gapper, but it is definitely moving up. The problem though is that uh, it's it is kind of a little stop and go.

It starts to open and then it pulls back and it starts. and it pulls back. Yes, um Mitch Yep, it'll have all the indicators that that well I think we I think we're going to build in the indicators that Chris is using on the warrior charts so we're going to try to make sure we yeah, we have those that may not be in the first release I Have to see how complicated his indicators are. All right? So uh, holding Ampx here and watching for trades over 11 to 11 50 12 into the open? Another tip right there.

you can see some green on the tape as it comes up to 11. let's see if this time it breaks over 11. holding full. looking to add at 11 10.

So right now this is just a hold. As we're coming into the open and I'm looking to add at 11 10, 11, 15 for a quick squeeze up to 11 30. right? So this is holding up pretty well. Watching here to for an ad at 11 10 there's 1105.

11, 9, 11 8 watching getting ready to punch that order for the break of 11 10, 11 15 and a squeeze up to 11 20. 11 30. Target is 11.50 for short covering watching right here. So Dip at 1104 just added right there there's 11 10.

now watching 11 15. little profit at nine. Want to add back at 15. that way I can keep adding to the position.

Add add profit, add add profit, add add profit. If you just added, you accumulate a massive position which works in a bullish Market but you got to be cautious. Added right there at O5. Now looking for the break of 11 15.

big volume coming in. Volume is coming in yeah I like it. There's 11 13. 97 flat for right now.

Add a 700 on that trade watching dip Alpha 94 to add back high volume green Candle on the five high is 11 14. really wanted it to break 11 15. So we've got four and a half minutes to the open so chipping away on this one looking for a possible spot where it starts to pull away. Nice.

Good job, nice trades, good work. Okay So we've got about three minutes to the open so thank you for those who have tuned in on. YouTube I Hope you hit the thumbs up! I Hope you're subscribed to the channel and we'll see you back here first thing tomorrow morning. Friday It'll be just me tomorrow.

Uh, but we've got some exciting things coming up soon so thanks for tuning in as always and I'll see you first thing tomorrow morning.