What's up everyone? All right? Well, there's the trading station behind me. No charts, no scanners I Shut it down. Out of sight, out of mind as far as I'm concerned, the markets closed I'm up over 9000 dollars. a solid green day.

I'm green on every stock I traded except for one which is good. Overall, it's a pretty good day. I did have one bigger loss a $1500 loss, but it was on a stock that was already green on and I am still green on the name so that was a little bit of a bigger loser, but it was a good quality set. I'm gonna break it down during the recap.

Overall today, some solid momentum biomedical suppliers, the Coronavirus continuing to be a catalyst. so I will talk about that and as always questions Comments: leave them down below. Make sure you hit that subscribe button because I go alive every single morning right around 9:15 to do a quick pre market watch list on YouTube So you guys should tune in for that And as always, I'll see you first thing tomorrow morning. Everyone, what's up everyone? All right? So we're gonna do our midday market recap here.

It's about 11 a.m. and I'm done for the day up 9600 11 dollars and 72 cents which is a great day. I was up over 10 grand and I pushed my luck with a five-minute flag pattern on Yen LV lost 1500 and then made back about a thousand on my next trade. So overall a good day.

It would have been nice to be finishing it the high, but you know again. I Also could have walked away this morning up nine hundred and twenty dollars after my first trade on MN BC So and then BC was the first stock I Trade you today. Obviously, the market is gapping down substantially this morning on news over the weekend that the coronavirus has continued to spread and the number of new cases each day is increasing. So this is has caused concern in the overall market.

So we can look at the SP why SP 500 and you'll see this sort of large gap down on the daily chart all the way back down to this level here. So this is actually the largest gap down we've had in quite a while since like August of last year, so you know that's substantial. Clearly, investors are a little shaken. gold is up, so gold stocks up quite a bit.

but of course pulling back a little bit today as the market is bouncing off the lows. Dow Jones Industrial Average is down 817 points right now, so it wasn't a surprise to see a stock like N NBC on the top of the Gap scanner and NBC and has been very active during this coronavirus outbreak because they are there in this biomedical biotech field and it's one of the stocks that has you know, potentially room to benefit if they're able to come up with some type of cure. Co CP Just out of the corner of my eye I'm noticing it here over 120. There's a 40,000 share seller and this is where I got caught on my last trade I was actually up $600 on this stock and then I bought for the break of 20.

so watch right here. So I took a starter at 23 but I got oh it took a thousand shares. The problem of course there's I got to three cents of slippage. so now let's see if it breaks over 25 I want to see it break the that Nick that quarter.

you know 20 25 stop is at 17 be about $50 of risk upside potential. If it breaks over 25 then we might get to move up into the 30s. So I'm gonna stop out 30 dollars of loss. So this has been a choppy one in general and the cleaner setup probably would have been like right down here around 17.

but whatever, this one has just been tricky. So anyways, let's go back to em. NVC So NN VC was the top of the gap scan so this is the one that I was watching. Of course this is just the way this one is I'm gonna put it on something else.

so I don't watch it an NBC top of the gap scan this morning gapping up 52% to million share float and my first trade on it was buying this dip right here. My entry was at $10 so I bought this at 10 bucks. That was my very first trade on it. Now it popped up but it didn't really do super well which is kind of annoying.

and so I sold as it popped up to 10 out 10:06 I think it was I made $60 of profit on my first trade and I was like, all right, well, $60 a profit. This is a pretty slow start to the day, but I got back in and so let's look at this on a very short timeframe. All right. So this was how the day started.

All right. So first trade was right here, hit a high of 1008 and then drop back down. Second trade: I got back in right here. Third trade: I added right here.

Fourth trade: I added right here, adding and selling and my last trade was right here. This ended up hitting a high of 1090, which was really a nice move. So the problem was that because an NBC is a little bit of a history of popping and dropping and not holding its gains, I didn't feel comfortable going in with big size I felt like if I did, this is one that could cost me two or three thousand dollars right out of the gates and I just said, you know what, it's not worth it. So I I traded it more conservatively and despite moving a full dollar a share, I really only made well, nine hundred and what? Nine hundred and twenty dollars my biggest share size on this was I Took one trade with six thousand shares and I made ten cents on it and all the others were 1,000 shares.

so relatively small size. Alright, so that was n NBC so that was my first train of the day. Second Trade: GNP x GN px back on the scans we were trading this and watching it and over the last few days today. I said well I'm interested if it can break over and this.

sorry if I could break over yesterday's high of 545. It was not able to do that on the first kind of breakout, but then it did come up to that level and it broke through it. So my first entry on this I had a couple of trades. Let's see my first trade.

we can go down to the shorter time frame just to help you kind of see that pullback again. I Also see this 8hp eye popping up. Nice move there up to a high now 40 under the half-dollar All right, let's see. so go back on this.

Alright, so this right here. that was the the ninety five spot. Okay, right, right right? My first entry was right there was it was right here. That was my first entry.

So I was buying this little pullback. We got a little pullback, a pop up from this from 58 60 up to 60 70 and then another micro pullback right here at 68 that gave us a pop here up to 74 and a consolidation. another little pullback here. 75 for the test of 6, we got the test to 6, then a pullback, then it breaks through 6 a little prematurely on the 1-minute chart.

I Thought it needed more of a pullback here, but it ended up working and so what I ended up doing here was adding. at 6:15 it squeezes up to 6, 39 is halted, opens, pulls back I add at 650 it rips up to 672. Really nice trades there, although I did end up giving back a little bit of profit right here buying thinking it was gonna break over 70. so I gave back about $600 on that trade which was kind of disappointing, but then it came back up and I bought this pullback right here for this rip up to highs but again, kind of not breaking as far as I wish it had so a little a little choppy there.

Alright, so I'm gonna take those lines away. Alright, so that was GMP X so that was the second stock I traded. alright. So after those two trades, I was up.

The two trades on N NBC and GMP X I was up just about 3,000 and generally I was like this is a pretty solid day I Mean it's not as good as Friday but it's a pretty decent day. And then we had ENL V and this is the one that put me up over 10,000 yen. LV was a big momentum stock pre market from and all the way up to 17. but then we're tracing and by the open it was back down at ten Eleven fifty I Didn't think it was gonna give us any opportunities I really didn't And but you can see here on the break of the you app.

I Took the trade now I Didn't want to buy this below the V web, but as it broke through the view app, that's where I took my entry. so let's go back here. So that was right around here for the break of 13. All right now squeezes up to thirteen eighty, it gets halted, it opens higher ad and then we rip up to a high of fifteen Forty, another micro pullback, and then a pop up to sixteen Ten, another micro pullback, and a pop from 16 up to Sixteen Ninety Four.

So I was up over $8,000 on that stock. It was fantastic. But then I took a five-minute setup on it I Bought the first five-minute camel to make a new high right here. This was a valid five-minute setup.

We had big green volume light volume pullback and I bought the first 5-minute candle to make a new high. Unfortunately, the pattern failed, it did a false breakout, and my entry was right here in the middle of this candle at about thirty four. because that was the first five-minute candle to make a new high 15:34 it hit a high of 1550. You really need to break this level here and it didn't and then when it dropped back down right here I set my stop at the low of this pullback and I sold at Fourteen Sixty.

So I was in at 1430 or 1425 right around there and stopped out at Fourteen Sixty which would 2,000 shares or two thousand. Five hundred shares actually was about fifteen hundred dollars. so I gave back some profit on it. but I followed my max loss or my stop on it and bailed at the right place.

After that, there was a small trade on a ey you can see here this little breakout. there was a couple of trades on Co CP The first one was buying into this halt and then selling at about fifteen for $400 then getting back in for a quick little break out, getting myself up 600 and then giving it all back. It's now I got a high of a dollar 35 and I am just gonna be the one that kind of screwed it up and you know I'm right on it, but it's the way it goes. and then Zcm D was interesting and this one was an IPO Today was the IPO day and on the IPO I jumped in.

My orders. didn't go through very smoothly but I jumped in here. it squeezed up to a high of 493. It halted, it opened.

It hit a high of 498, couldn't break that level I stopped out as it came back down with profit and then it ended up flushing. So that's the way it sometimes goes. But overall, today is a good day now now. I'll tell you that it's easy for me in this moment right now to feel like I was up over 10,000 and now I'm up only well, 9, 95, 81 and that doesn't feel like you know.

Obviously, as much as I was up earlier and yet an hour ago or an hour and 20 minutes ago when I was up only 3 grand I was thinking that maybe this was just gonna be a little bit of a slow day and we weren't gonna see a lot of momentum. So you know what? I tripled that. I may not be sitting at my all-time high of day, but this is a really solid day coming into this morning. I'm up 71 thousand dollars on the month and that was before today.

so I'm gonna be up close to 80 grand on the month, which is unreal. I Mean this has been a terrific month. Really, really great. I've had to read days here in February but I've I've really been doing pretty well.

The momentum has been there not every single day, but it's it's been pretty solid. So last week was great. in the first week was great. The second week of the month was a little choppy, and here we are in the fourth week of the month coming to the end and you know, four more days.

I'd like to have four more days like today, but realistically, even if I just make $1,000 every day for the next four days, that'll be a terrific way to finish a good month. And this month is kind of a bit of a bailout from a not very good January for me and again, it's all about averages. So you know if you make zero one month an 80 grand, the next month you're averaging 40 grand a month. Which is which is good.

It's very good, but you know that's kind of the thing of you can't You can't base your annual target on how much you make in your best month times 12. That's going to be very unrealistic. You should probably base it more on how much you do and your best month you know, times five or something like that, just to really give yourself a bit of a cushion. Some years we've had some incredible momentum that's lasted for several months and in the span of two or three months, I've been able to make a lot of money.

and then of course we've had years where momentum has just been very, very slow. and in the span of three or four months, I'm just kind of grinding on very small green days waiting for the momentum to pick up and I just have to be patient. So January was a little bit of kind of me being too aggressive at the wrong time I think I could have been in a much better place if I hadn't done some of the trades I took but kind of turned that around here for February in great shape and I'll just continue to try to ride the momentum if we continue to see some some good momentum. Of course, last week ago week and a half ago or whatever it was I did have a good-sized red day which was disappointing.

It was totally avoidable and I really want to try to prevent that from happening again or is on regular a basis as it's had been in the past. So anyways, so this is where I'm gonna finish today. I Could easily give myself a case of FOMO sitting and watching Co CP and telling myself I should be getting back in it and blah blah blah but I'm gonna take this $9,000 and walk away. live to trade another day and you know maybe tomorrow I'll get a cleaner trade right out of the gates on Gap and go stock, get a bigger cushion, maybe not I mean whatever, it doesn't really matter I'm just gonna try to, you know, have a good day and then put the rest of it aside so that's it for me.

I Will see you guys first thing tomorrow morning. All right bye everyone! Hey, did you know that? I Go live every single morning between 9:00 and 9:15 to stream my pre market watch list. Subscribe the channel, press the bell for the alert and you'll get the notification.