All right everyone. Well, let's see, it's about uh, 10 of nine and so far I've gotten a couple trades already for those just logging in, but it feels like kind of a slow morning. Which surprises me a bit because we had so much action on Friday. You know, Friday was phenomenal.

We had a really, you know, great day and I left money on the table. I certainly could have traded more, and I I didn't but even still, it was a great day, So I kind of thought that would carry through here to Monday morning a little bit more than it has so far, but you know it. I suppose it's still relatively early, so as I'm sitting down now, we'll go over the gap scan. Um, we'll look at a couple continuation ideas.

We'll see if we can find something that looks good. I think that um, you know I do have a couple ideas of, um, you know, what, what we can, what we can trade. I think there'll be a couple of, uh, good opportunities here. Um, today.

So um, and then a couple reminders this week we've got, um, sort of a, um, a busy schedule. So today and tomorrow for warrior members, um, Warrior Pro members, we've got class starting at 11 A.m This is going to be I'm going to teach you a five chapter class on Algo scalping strategy. This has been something a lot of you guys have asked about. so the first couple chapters I'm going to talk about exchanges.

We're going to talk about sort of the market structure to help you guys better understand how these Algos came to exist and how they work. And then we'll talk about a strategy where we're looking to scalp the moves that algos are making. All right. So that's gonna be a five chapter class taught.

uh, today and tomorrow I'm gonna do a condensed version that'll be like an hour long on Youtube on Wednesday. So all, uh, actually for those, um, I'm gonna put a link, um on Youtube for that in a second. but um, for the morning show. But but in any case, so that'll be um, something I'll do on Wednesday for Youtube people and then, uh, also for warrior folks.

We're going to have a software update this week. so the chat room that you're so familiar with um is going to be updated and that's going to be exciting. So that's coming this week as well. and I'll give you guys maybe a sneak preview of that later today or tomorrow.

So uh, yeah, so we've got a kind of a busy week ahead, uh with classes and software update and and then, of course, you know, regular trading as always. So right now, um, let's see, it's about five of nine I think the plan will be. let's go over the watch list and see what we can find that looks good. So leading gapper this morning is revb.

It's up 87 which is good, but right away I looked at it. When I sat down it was below volume weight average price. That hasn't changed so no interest. And yes, the Algo Scalping Strategy class will be recorded so it'll be added into the Learning Management software.

Um, for you guys, so you'll be able to watch that down the road. It'll probably take a week and a half or so to turn it around and get it built into the curriculum, but you know you'll be able to tune in today and tomorrow to watch it live. and then you'll be able to watch it on the replay in a a week or so, maybe two. All right.

So our Evp it's below volume weight average price unless it can get back over a dollar 33. No interest in that right now. Gov x This one. It's a cheaper stock.

So because it's cheaper, I'm not super interested in it. You know it's moved a little higher, but this daily chart is tough because I mean you can see this stock is just sold off, is just sold off and sold off and sold. It's It's kind of. This is, um, I mean this is pretty epic.

uh, diluting of the value of the stock. If you go back to 2000, I can't even there's not even commas on this for me to see what the actual number is. It's I mean, I'd have to. It's ridiculous because they've done so many reverse splits.

Reverse split Reverse split. Imagine if you were bag holding this uh at like 900 million dollars? 950 million dollars a share? Let's see. if that was 950, there'd be a comma there. There'd be a comma there.

No. So it's even higher than that. It's kind of insane Anyways, so I'm really not interested in Govex. It's a pretty.

I haven't seen a stock this beaten up in a while vs. now on the one hand. um, some might say just to take the other side of it. Um, you know this is an obvious short.

It's an obvious short. Come on. This thing just keeps it. keeps selling, keeps selling, keeps selling.

They it doesn't go bankrupt. They just do secondary offerings. They they dilute the value, the stock, private placement, et cetera, et cetera. Um, could you at some point get an epic short squeeze? Because that's what you ended up happening having happen on Drys And it's not impossible.

Um, you know it's certainly not. But it has already done this a couple of times where you had these nice kind of two three hundred percent pops and it just doesn't. I don't know. It just feels very thickly traded.

It doesn't feel like it's really got that potential right now, so I I sort of. I, I don't think that that's gonna happen anyways, just to give you that anyway. So vs uh, this one another one that's been beaten up. sold off for a long time popping up.

but too cheap. Kavl. Okay, so I already traded this one. Um, we actually had an Algo Spike right at 8 a.m and that gave me about 500 of profit.

Reminders always my results are not typical and trading is risky, but that's how I did on this. So the initial Algo spike squeezed from a dollar thirty up to about a dollar eighty one. Nice move. Twenty thirty percent pulls back.

it continues a little higher. Right now, it's below volume weight, average price, so I'm not interested in it at the moment. Uh, F-a-z-e this one. You know it's kind of I, I don't really know it's it's obviously up a bit.

The float shows that it's a little higher, but it looks like it's a recent ipo or a special acquisition company that did a merger, so you never know You could get a move on it the way we did on Pgy. It's probably worth keeping on a side chart just in case, but you know the pre-market high is way up there. Oh, actually, that was after hours, so after hours it hit 18. uh, yesterday or Friday and then pre-market it's really just been selling off, so I don't know.

All right, so that's that one. Uh, speaking of Pgy, the Pgy chart is right now back at this level, which could almost start to look like it's going to do what it did before, which would be if it sells off here. It's kind of a head and shoulders pattern, but when it did that before, when it started to form that pattern and I thought, okay, it's gonna sell off Like right here. Back to three.

It ended up just holding up all day long. so you know right here it feels like oh, it could start to sell off here. but what if it holds 10 like all day long then I think we would certainly be watching it into tomorrow. Um, if and the levels that we would watch similarly to back here would be what was this critical level? It was about six.

What's the critical level right here? I I would say it's around 12. So that's that's the line in the sand. Very technical. That's the technical level.

You don't have a fundamental catalyst supporting it today, but you know technical levels are worth watching so Pgy can keep that up on a um another chart. Okay, so and then we have a couple other gappers on the scan that are not as interesting. sorry Ga. I took a trade on this one earlier today as well.

Uh, we got a break of uh 16 and then a sell-off and a bounce off V. I made more on the bounce off V web, but whatever. Tblt? Yeah, so I kind of, you know had that similar question about this. Um, kind of rolled over there, but now starting to get back up because on Friday we sort of thought okay, it's done, this thing's dead and then it ripped back up to its pre-market high of 650 and then we were back to new highs.

But what's different today is that this is sold off. It sold off on Friday, going into the close from 9.50 all the way down to 7.50 close to 8.. sold off even more here, down to 650. So it's got kind of a long ways to go to get back up to these levels.

and I don't think it will. and I think that today is probably going to be its first red day and I think that there's probably going to be a high level of shorting on it. I could be wrong if it proves you know that it's strong. I'm happy to jump on and trade it, but right now, I'm not seeing.

um, I'm not seeing anything. So yeah, that's kind of. That's kind of the way I'm looking at it right now. All right.

So let's see. Um, yep and a couple of headlines here at 9 00 a.m So 901 not seeing anything hitting the scans at the moment, just watching. All right. So nine o'clock so for those on Youtube.

Uh, thank you guys for tuning in here for the morning show. I want to remind you that trading is risky. My result's not typical and you should take it slow. There's no guarantees that you'll find success as a trader, so practice this simulator before you put real money on the line.

Don't try to blindly follow me or anyone else. Reminder that Um members at Warrior have access to my ultra low latency broadcast. As close to real time as you can get those on Youtube, you're going to be slightly delayed. We're trying to make the the value for Warrior members a little bit higher happy to broadcast out to Youtube, but the broadcast to Youtube is slightly delayed and has ads on it, so just be aware of that.

If you want real time and ad free, you're welcome to join and subscribe. I'm not seeing anything I'm super excited about right now. Kvl yeah, I see stacked on a level two though. Tblt.

Mm-hmm Yeah, You see that little flash there up to 78 and you know that's nice little action there. I'll take a starter at 70 on Tblt, add 80. this is gonna be just kind of ride that momentum up to eight dollars. My thought on Tblt is that clearly it's shown some interest in squeezing out early short sellers watching for the breakthrough 80, then 85 and 90..

there's 80 a little profit there. See how much higher it wants to go? Hi, this candle is 84. Watching down here for dips watching added it. Uh, bad fill added at 75 to buy the dip.

it's kind of a bad fill on that. See if it pops back up to 80.. I'd like to see a break over eight dollars. so it's 907 Right now, we've got about 23 minutes to the open.

There we go back up to 80 82, 83. so only small gains on it. Flat on the position for now taking profit into that level. Thank goodness watching.

Okay, there must be news. There's got to be news on this. It's got to be an offering, right? Dip at 601, Just a thousand shares. to start.

I want to see what the price of the offering is. What's the price? Five, I'll take the loss on the thousand shares. It's gonna go lower. So that's the victory there for short sellers to finally get that.

um, that secondary offering. You know, I think that that boy that was close. Um, you know that was. I sold that position about 20 seconds before that offering news.

You don't like to see that. eight million shares? Five dollars. So glad to be green on it. But uh, that chart's broken and you know it's It's also tough for short sellers because you when you just get that immediate drop, it's kind of hard.

You mean you can't really size into it that that is an algo drop. It's immediate. no halt's pre-market Remember. So that chart's broken pretty much ruined down 27.

Now that was close, and you know there's no indicator that that was going to happen there. That's just when the news dropped. This is what a lot of these companies do, right? So very similar to Gov X Reverse split selling more shares. Reverse splits selling more shares.

You know a lot of companies have shelf registrations, but you just never know when they're gonna, when they're gonna hit them. That's probably the closest that I've ever been. I was 20 seconds away from being in uh during that type of news event. so you know, knock on wood.

I've been trading for a long time. that was. That's the closest that I've ever been to being Uh to holding during a secondary offering. Hmm, it's disappointing to see that, but it happens, so we'll be very grateful for the small gains that I made on it.

Bye this. The only halts pre-market are Halt's pending news. There aren't halts on circuit breakers pre-market Nice bounce. so the high that candle was 623.

we'll see how well it holds up. S P 500 is pulling back a little bit just in the last few minutes. sold off a bit on Friday, bouncing back up pre-market light volume bounce coming back down just a little bit here. so as we get closer to the opening bell, I guess we kind of have to make a decision of what looks best for the open.

Tblt's down 26 percent so that one's not great. Back to the top of the Gap scanner. Rev B for those tuning in. So Warrior members! We have class at 11 a.m today and 11 A.m tomorrow we're going to be.

I'm going to be teaching the Algo scalping strategy. So that is going to be five chapters taught over the next two days and then. So that'll be today at 11 and tomorrow at 11 and then Wednesday I'll do a uh, concise class on the I'll Go scalping strategy for those on Youtube. Let's see, um, all let's see.

Here's the link there you go. So that's going to be for the Algo Scalping class for those on, uh, Youtube. I just posted that link in the um, uh in the Youtube chat so that would be one o'clock on Wednesday? Uh, right now. It's one of the strategies that I've been relying on to help get me through this bear market looking for where I expect to see an Algo squeeze and taking a quick scalp at that spot.

So this will be. Um, these are the five chapters for warrior members and I'll teach a con condensed version. Uh, at one o'clock on Wednesday for those on Youtube that are interested. class is 11 A.m Eastern today and tomorrow.

Yep, they will be. And then we've got a software update coming for the chat room this week, so that'll be exciting. Rev. B.

Gov X So right now trying to put together kind of the game plan for what I'm going to be watching at the Open. Yeah, the chat room updates is for the whole the chat room software. so it'll be an update for all of the chat rooms uh, scanners, newsroom, everything. Saga? yeah needs to get back over volume weight, average price.

Phase F-a-z-e still holding up relatively well worth watching, especially over 13.. The only way to know an offering Um could happen is by looking at Um to see if they have a shelf registration. The problem is a lot of companies have shelf registrations. they're good for.

I think it's now I can't remember. Is it two years or three years? Um. so let's see. they're good for three years.

So you know a lot of small cap companies will have a shelf registration which is an S3 filing. It gives them the right to sell shares onto the market. They have to do this so they can. It can be fully disclosed to shareholders that they could at any time dilute the value of the company by selling more shares to raise money.

and they can do that through a number of different Um methods. They could do private placements they could do direct on the open market. Um, they could do it through warrants they could. There's a lot of different ways that they can structure depending on who they might find that is interested in, uh, investing in the company.

But anyways, so this, um, you know they had a max proposed offering price of 100 million dollars Just as sort of like a you know, just why not just throw the number out there. But like I said, a lot of companies have them. uh, small cap stocks. So if you said, I'm never going to trade a small cap stock that has a shelf registration that that doesn't even really.

um, totally protect you because you can get news, Uh, you know, on a day like today that they are, uh, filing a shelf registration and then the news is received almost as badly as the fact that they are. you know, tapping a shelf registration they already had. So it's just part of the risk of trading. Unfortunately, you know, Certainly, trading stocks that have been up, um, multiple days in a row is going to be riskier than trading day one of fresh momentum.

But uh, you know, this was day four right here. And it was. still. it was still going strong, so it felt like it made sense to try to ride that momentum.

and all things considered, the the price of five. While it's a discount of current price relative to where the stock has been in the last, you know, month and a half, it's still a bit of a premium. so it needs to get back. Um, you know it needs to kind of shake out people that are in too high maybe? and then it'll start to.

who knows, Maybe it'll start to hold up, but usually they drop down to approximately the shelf. um, the shelf price. And I think the only reason it was squeezing up here was just because it had done something similar in the previous day had squeezed up, pulled back. So traders were like, okay, maybe we're going to get another little short squeeze like we did yesterday and I thought the same.

So jumping on and riding that momentum? All right. So thank you guys! As always, those on Youtube who are tuned in appreciate you hitting the thumbs up, Appreciate you being tuned in. I hope you enjoyed these, uh, free broadcasts. I know that we've got ads are running on the channel right now.

The goal is that hopefully this helps fuel the Youtube algorithm. To say that this is a great channel to recommend for people that are interested in trading and so thank you guys for being here and uh, hitting that thumbs up. Really? you're doing your part to help the the Youtube Algo as well. those um, that are in the chat room.

You guys obviously have the ultra low latency broadcast no ads and hopefully we can have a a decent morning here, but it certainly feels slow relative to the action that we had on Friday. And with that offering on Tblt, I don't know. Um, you know, I mean that's just that one stock, but I'm just not seeing something else right now that looks really. um, that looks really obvious.

So yeah, I have to try to be patient. This has been a, you know, it's been a slow month, but summer is often a bit slower, so none of that is really that surprising. So I'm gonna trade here. and then, uh, as soon as I'm finished trading, I'm gonna load up with a little bit of caffeine and then we're gonna start our class at 11 a.m And um, we'll teach that as uh, we'll get through as much of the class today as as we all have energy for.

and then we'll finish it tomorrow at 11. Uh, I do have a hard stop today, but I just have to check. Um, I can't. I just can't remember I had.

I knew I had something in the afternoon. maybe around three, but I just can't remember exactly. It might have been two or might have been four. So we'll probably run for at least three hours.

Um, class today. But you know, we'll we'll stop. Obviously, we're not going to stop in the middle of a chapter, so we'll stop at a logical breaking point it might be. Maybe we'll get through chapter one and all of chapter two.

Or maybe we'll Maybe we'll get through also, chapter three. and then we'll just do chapters four and five. Tomorrow we'll see. But class will start both today and tomorrow at 11 A.m And then we'll We'll run until my heart stop.

So yes, members have access to older classes as well. we usually once a year, every other year. Something like that, I'll uh, re-record classes, replace the old ones with the new ones so the old ones get archived. We don't keep the old ones, but um, okay.

all right. Um, hang on one second. All right. So um, I'll see you guys.

Uh, those tuning in on Youtube. We'll see you back at it tomorrow morning. Uh, Warrior members, We'll keep trading here. We'll see if we can find some opportunities and add a little more profit to the morning.

All right. So thank you guys as always for being here and we'll be back at it first thing tomorrow morning. Reminders: Always Trading is risky. My result's not typical, so make sure you take it slow.

You.