All right everyone, good morning. So uh, it's just past 9 A.M and this morning for the day trading Morning Show on YouTube we've got a couple of Gappers, N-u-w-e is up 37 right now. That's the chart that I've got up. I've traded it a couple times.

it's got some K some candle wicks. it's got some upper Wicks where it pops up and drops down. pops up, drops down, pops up, drops down. So right now it's just below volume weight, average price.

Macd is crossed against the trade. it's It's Tricky For a minute there it looked like maybe it was going to break through 450, but that's a that's a pretty good sell right there. that candle down to 380. you know again, you could be interested in maybe doing dip trades buying those dips for the pop backup.

but um, I don't know right now I'm gonna just see whether or not it just feels that it's easier to trade. When something is strong, it's on the first leg higher and right now this is in sort of this consolidation range. It's not clean, it's not easy. Uh, Bof earlier, this one had a nice move right here.

From four dollars all the way up to seven, you know those are the candles that I want to be Trading I missed that one. but that's really where I want to be trading or those kind of moves trading it in these areas here this is going to be. this is going to be more difficult. It's crowded, it's consolidation, it's not breaking out so Bof kind of off the radar right now.

Um, you know it could get back up, but it's got to get back over seven to really look interesting and sit five dollars and forty cents. So we're a ways off of that level. N-u-w-e too choppy right now leading gapper D-i-c-e dice buy out 38 Gap Vcig this one popped up a little bit earlier as well. nice move and then goes into the area where it's difficult to trade.

so I want to see which stock comes into Focus Bof was in focus and then Nuwe took the spotlight. So now with Nuwe maybe pulling back and not looking as clean, does another stock step up and take the spotlight? I'm not sure yet Lucy earlier was up a bit. uh, pulled back a bit too much here. so kind of trying to figure out which one's going to be obvious.

it is the Tuesday after a long weekend. So I sort of do have lower expectations, but you never know. That was one of the reasons I didn't sit down too early today. I You know I just sometimes Tuesday after a long weekend is the Market's a little slow foreign so Bof popping up a little bit there um, as you can see so just broke out of that range.

it broke over four 550 went up to 571 which is good, but it's still below volume weight average price. Can it break through? V-wap V-waps at 583 so it's still right now 20 cents away from that level I could see V-wap being resistance so buying right now 12 cents below resistance sometimes I'll buy below V web if I think it's going to break through V web. it's a little bit of a riskier setup. uh, it's you know I would prefer to be trading like I said in these two kind of big green candles.

uh move where it's below view app. coming back up we we sometimes get a nice break of view app setup but it's not my favorite so I don't know if it's one that I want to take the risk on right now. I Also, you know for what it's worth, I only have a 374 dollar cushion on the day so I'm green but I have a very small cushion. so until I build that cushion a little bit bigger I have to be careful taking a lot of risks because if I took you know 10 000 shares of this right here I could easily lose two grand on it.

you know I could make two or three grand maybe. But but I have to be thinking about the downside risk first. so I would have to trade it with smaller size and then right below resistance. feels a little too risky.

so that's Bof right now so that one's kind of on the side. Overall: Market S P 500 Uh, Friday was a red day so the market pulled back a bit and then this morning we gapped down early pre-market We've come back up a bit off that earlier Gap or those earlier lows, but we're still gapping down. So right now overall Market You know, a little bit of a headwind there. Let's say hang on one second.

Okay, so thank you guys! Tuning in on. YouTube The Morning Show here I Appreciate you guys hitting the thumbs up. So is there anything you guys are looking at that? maybe I missed AI I Haven't been trading. It's got a nearly 100 million share float I Know some people have been trading it, but I don't usually try to day trade those.

No Spce wouldn't try to day trade that either. You've got a higher flow 230 million shares. Rivian. these aren't really stocks for day trading to be honest.

I Mean these are stocks that are more Buy and Hold Trying to day trade these, you're going to get chopped up I Really I Don't think you're going to find consistency day trading those on a regular basis? Vcig yeah, this one was up earlier. It's below V Web right now I Don't know if it's going to be able to reclaim those levels. Bof Hi, that candle was 74. So what we know about Bof is that IPO on Friday had a high of day of 575.

Uh, so we're kind of right at that 575 level. Just at the moment, pre-market it had a high of seven. So now this is an important spot. You've got 85 and 90.

So I'm going to take a starter here at 96. and I'm taking a little profit as it breaks through six and now putting a new order at 6 10.. So watching 610 once we break through V-wap to me, that's where it gets interesting. So watching right here.

Bought the dip at 603. Now looking, there's 610 taking a little profit off the table and holding smaller size. Average is 97. high is 6 11.

New Order is 6 15.. So let's see what it does here: 2500 Share order 615 watching dip at six dollars Bought right there on the dip at six again trying to buy these dips and then looking over 615 to see if it wants to squeeze up towards 620.. So we've got six on the ask right now. I'm going flat at 98 for a two cent loss.

It broke back over six and then it came back to under six I Don't love that. So now I think maybe it needs to retest V-wap and prove if it can hold these levels. So the reason you have volume coming in there is because that is the break of V-wab I Chased it a little bit but I waited for the confirmation of the break. Now if I'd gotten in before the break, I would have gotten a better price, but I wouldn't have had confirmation that it's going to be able to break through that resistance level.

Which means the accuracy on the trade would be lower. So paying a higher price for a trade it's essentially you don't get as good of odds when you have a higher likelihood that it's going to work right. The odds are better when you've got more risk, but I would rather take less risk. So taking less risk with higher odds you know it just means that I've got a trade a little bit more and trade a bigger size to make more money.

but I don't mind doing that. Okay, so current high is 611. we've got two and a half minutes left on this five minute candle reminder for those tuning in on: YouTube for The Morning Show Uh, you can see in the top corner of my feed you can see my position right here, my position window. So if I'm in a position, you can see what my average cost is and you can see whether I'm up or down.

I don't share the time and sales while I'm trading because that is technically streaming NASDAQ Market data which I pay a hundred dollars a month for that data. Well, what is it? It's what is it. With light speed, it's 116.78 dollars. In any case, if you broadcast out that real-time Market data, it would be like playing the football game on your stream for free ESPN or whatever.

They're not gonna like that, so that's kind of one of the rules you're not supposed to do that. Added right here. Now for the Breakthrough 611. So when it comes back up for this type of retest, I add back and now I'm looking for the squeeze through 615.

So pretty high volume but see how it went red right there. So I had to stop out and I took the loss. Now it's all the way back down to 70. that's a high volume candle where it whips, it pops up and then it flushes down.

So you know that caught me. I Thought we were going to get that resolution, but it ended up rejecting that level. So what was the high? what it should have done is it should have squeezed through 611 and then it rejected I bailed out as it dropped back down I stopped out at 590. We'll get that drop all the way down.

See, this is the problem and this is what this one did earlier. For what it's worth is it had this really nice move and then it had this strong sell-off so this is sort of par for the course for the stock. Disappointing I went from green on it to red but I'm still I'm sitting at 15 on the day so you know I've got to be a little careful though because I could go red very easily now, right? I'm glad I bailed out where I did, but thank you, that's not great. So now you've got a high volume rejection candle and unfortunately that sort of ruins the chart on the stock.

So now the five minute chart is pretty much broken and we have only 15 minutes to the opening bell. So with 15 minutes to the open I don't know I'm not sure that we're going to get something else that that takes the place we'll see. Love That candle was 48. So a 60 Cent dropped there from 611 610 down to 48.

One of the things that you know I try to be good at is just bailing out and you know, cut the loss. It's a bummer to go from up 1200 to flat, but it's better than going from up 1200 to down 1200. So I just bail out I let it go and then I move on to the next one N-u-w-e this one below V Web: Hey David good morning. So right now we don't have anything that's going straight up that's looking really exciting.

We had a couple last week that were good. This morning you got a couple moves, but they were short-lived Lucy No problem is, these are all in consolidation. They're not breaking out. Q-u-ot 65 million share float.

Both Bof and Nuwe have been very wippy today, so sort of. You know you can look at Nuwe. This one went from 450 all the way down to like 350 and then came back up to 450. It's back at 380 right now so we've seen sort of big ranges quick flushes.

We don't have a ton of volume on anything today. A little bit of volume, but not a lot. Not as much as I'd like about 11 minutes to the opening bell. Foreign Bell Bleeding Gapper Dice it's a buyout Second leader: Nuwe only 32 percent currently below V-wap third leading: Gapper Vcig up 30 below V Web fourth leading gapper Bof below view app as well right below V Web It has that high volume red rejection candle, so with that, it doesn't look like uh, we've got a lot of great opportunities for this morning.

I Don't think that it's likely that we'll see breaking news within the next 10 minutes. So this is the Gap scanner that we have for the day. As I said before, it's the Tuesday coming back after a long weekend. I Uh, I don't know I don't feel like I need to push it too hard.

The fact is, if there was a stock that was really, really strong, I would trade it aggressively. There isn't one right now, so you know Bof was the one that probably had the most potential being that it's a recent IPO and had made a pretty nice move earlier. but at this point with that candle, it doesn't look good. At the open, we'll see what volume is like.

You would need green candles to exceed the volume of this candle here and to go over 611, 650 and 7. could that happen? It could. But I would say it's right now a lower percent chance that it's going to happen. So that's Bof vcig.

this one just doesn't look good to me. It's selling off too much. N-u-w-e You know it's tough with those upper candle wicks. I don't know that one might be able to reclaim, but I don't think it'll be clean if it does foreign.

So coming into the open I am uh, flat, more or less green on one, red on the other. So nothing too exciting here Today a little bit of a short week. Hey Al good morning, thank you Foreign. thank you.

Anyone else see anything that looks good Foreign? Well about three minutes to the open I'm green on N-u-w-e red on Bof up 15 on the morning so was up a little over a thousand. twelve hundred gave back. Uh, that profit on Bof went from green to Red on it. So now I just want to see if anything holds up through the opening range between uh now and 11 and see if we get some good action.

But I have to be careful because I don't want to go from Green 1200 to red on the day even though green 1200 is not a big green day for me. I still don't want to go from green to Red So I have to match my risk. Make sure I trade something that really looks good and um, right now I don't see anything that quite fits that. So I'm going to be patient.

but I'll be back at it tomorrow and hopefully we have a better looking Gap scanner tomorrow morning. All right, So that's it for me for this morning for the Morning Show reminder for those on: YouTube Trading is risky. My results aren't typical. There's no guarantee you'll find success whether you trade on your own or you learn from me.

So manage your risk. take it slow practice in a simulator and I'll see you guys back here tomorrow. Thank you.