All right, good morning. So it's about Um 903 and we're going to start going over the Gap scan for this morning. We'll see if we can find anything worthy of trading. So this morning we've got a leading gabber of F-u-l-c It's up only 35 percent.

Had a nice move pre-market pops up, pulls back goes higher, pulls back goes a little higher so offered to pull back setups. That's not bad, but now it's stair stepping back down. So right now there's nothing. There's no setup on it.

it's below V Web it's pulling back I Don't have any interest in it. The floats: 37 million shares. It has 4.38 million shares of volume and in fact, that is our volume leader today. and I Think that perhaps by itself speaks to uh, sort of how slow it feels today.

We don't have a lot of volume on anything now. Tesla's up four percent and that one also has four million shares of volume. Uh, which is much more substantial because it four million shares of a 240 dollar stock is a lot more money Changing Hands than uh at a five dollar price. But in any case, um, this isn't something that I'm gonna day trade.

So so that's Tesla Uh, just looking at volume leaders. Back to percentage: uh uh. Gainers fulc up 35 priced at five dollars, four million shares of volume, 37 million share float and the relative volume is high. But it's not enough to give us continuation at least, so it seems today.

Uh, next one down P M N. So Pmn has this candle back here on July 17th where it made a really big move and is certainly on the back side of that move. Could it curl back up a little bit? Maybe, but it's below all of these moving averages. This just doesn't look like a good setup to me right now.

F N is up 22 percent. Uh, priced at 142 dollars. Now Pmm has 2 million shares of volume and 7.16 million share float. FM has 28 000 shares of volume and a 36 million share float is too expensive.

I bet if we looked at the level two on it uh, we would see that's a big spread. Let's see, it does have a larger spread 140 280 by 14431 and it's easy to borrow. So anyways, Uh, next one down hall H-a-l-l up 21 3.56 50 000 shares of volume 1.31 million share float. So that one is a particularly low float.

It did have a split back in like January it after the split, moved up to like twelve dollars a share. Now it's pulled back double bottoming down here at 293, popping up a little bit this morning. News headlines: August 16th, August 15th Hmm, not sure. Hallmark Financial Services no volume on it right now.

Mind mind 70 cents A little too cheap for my liking. Frgt: 55 cents Nlsp 92 cents Binc 96 cents Hkit This one has been pretty volatile you had this day where it dropped. it was kind of crazy. It had a really significant sell-off right here.

I Didn't know what you call this pattern. It goes from 16 all the way down to eight drops 50 percent and then it rips all the way back up to 22. is this Chinese Yeah and you know what? That's the type of thing that um, we do see with Chinese stocks. So anyways, um, you know it's moving a little bit higher, but you've got to be really careful with this.

the all-time high or while the high. this move was like 28 dollars a share 2707. that was all-time highs on it as well if it goes back up, but just be careful with it. so you know, as we're trading through the last week, um well, just about the it's not quite the last week.

I Guess next week is the last week of Um August but we're coming to the end of the um end of the summer here, end of the month, kids are going to be going back to school next week the week after. so it's sort of a change in schedule changing routine. typically I Expect the markets to pick back up after. uh, summer ends.

so September but really? October November December Q4 is when usually things pick up. So uh, hopefully we see some action in Q4 right now I Have low expectations and coming in with low expectations is a good way just to be pleasantly surprised when we get anything. So if I end up getting some trades and I get some, uh, some nice moves, I'm pleasantly surprised if I don't I I Really, it doesn't matter and and this is the thing that's so important. I Know that not every week is going to be a huge green week I Know that not every month is going to be a huge green month.

My years are usually defined by one or two months that contribute 20 to 30 percent, even maybe a little bit higher of my profit for the whole year. So you know I it's it's tough. But I've had years where it's been slow the whole year. and then October November December in three months I make 100 Grand or 100 Grand each month I make 300 Grand So you know you just never know.

Uh, that could happen. It might not happen, but the fact is I think if you accept the degree that you're completely powerless, the market will either provide opportunities or it won't. In a way, it makes it I Think easier. I mean maybe that makes it more difficult for some people, but I I Hope that it makes it easier because there's really nothing you can do except for show up.

Show up. Be here. Be willing to trade, Be patient, have discipline. If nothing ends up providing clean opportunities, then don't trade.

Or you know, just be patient until something does pop up. That's that's the best way to do it. So I know it's not easy for beginner Traders and it doesn't feel like productive use of time when you're sitting here and you're not actively in a trade, but given over my last 20 000 trades that my average hold time is five minutes I spend a lot more time sitting and waiting than I do actually Trading right? Of course I've still made a lot of money in the market, so you know I in a way in a sense I I Do get paid just to sit here and you know it's those little five minute Windows where I actually received the the money. but that whole time I I have to be here I can't just only show up for those five minutes because you just don't know exactly when those are gonna come.

Uh, thank you by the way for those on YouTube Tuning In For The Morning Show uh next week I'll be on my traveling trading station I'll be in the Uh the day trade Dash mobile using my Starling I Am hopeful and optimistic that the Starlink Um performs well, but I you know I won't know until I'm actually out there. The the interesting thing with my Starlink is that it has been inconsistent from the same exact location. On one day, the internet is smoking fast awesome the next day from the same location I haven't even moved the van and I'm getting interruptions every you know. three to five minutes where I have no connection whatsoever.

Now that's fine if you're watching Netflix because Netflix will buffer for you so you don't have a you don't notice the Gap but when you're streaming or you're consuming real-time Market data, right? that's a problem. So um, yeah, it's been a little disappointing to be honest. Um, because it's not cheap. But anyways, so I do have um I will be traveling uh next week on The Traveling trading station and then we'll have Labor Day weekend and then I'll be back and I don't have any more uh, travel scheduled right now for the rest of the year, so my routine coming into the fall is going to be a little bit more consistent, which I had planned based.

on. That being a time when the opportunity cost of me missing days is higher because the Market's usually stronger the opportunity cost of missing days on the last week of August it's pretty low, right? I mean again, you know you could have a stock that goes from ten dollars to a hundred and if that happens then I'll miss it. but more likely you know we won't given the state of the market right now. So anyways, I I did set a goal this year of trying to spend quite a lot of time traveling a good amount of time on the traveling trading station.

Looking back in hindsight, um, it is difficult to trade while traveling and the the biggest challenge this year with that has been inconsistent Internet inconsistent internet when I was in Europe inconsistent internet on my road trip back from Colorado using the Starlink using my cell phone. inconsistent internet in the Caribbean in January and again in April So yeah, I don't know I mean and I may I suppose in a perfect world I would say that um I've made enough trading that I can actually just take those days off completely. Uh, but I have this feeling that I just want to show up every single day. Some might call it a compulsion feel like I have to show up every day because I just I I never know, You never know when you're gonna get a really nice day.

you just don't know. and I suppose that ultimately is the fear of missing out. Uh, and you know it's it's based in reality though you know we all know. Well, here's HKD You know the day you take off is the day we end up having those big moves.

but I don't have high expectations for HKD share buyback 30 million dollars. The problem with the stock is it has been beaten up so hard. but accepting that it's okay to miss out sometimes. and sometimes it's better to just take that vacation and really get the time off.

I Don't know. Maybe I'll maybe I'll do something different next year I'm not sure, but I'm also hopeful that the Starling continues to get better and better as they put up more satellites because that was the biggest frustration was sitting here ready to trade, having brought all my trading station you know all the way to Europe or to wherever and then my internet's not working right in the areas that I got. 5G I was using that as a backup and that worked just fine. but in a lot of the remote areas there's no 5G yet so we've got about 14 minutes to the opening bell.

HKD is up nine percent. Axla a little on the cheaper side T-i-r-t-i-r-x Fulc is. the volume is is actually the volume leader in the entire Market this morning 4.2 million shares of volume HKD is a little lighter on volume, but we're in. we're in the trenches right now and I I wouldn't blame uh anyone if they took you know some days off when they when you come in and you see this.

but um for Traders that did stick around. you did get SOS yesterday into the close from six all the way up to nine bucks. so that so far has been our biggest move of the week. Six up to 650 to 7, to 750 to eight to nine.

you know, all things considered, it's holding up relatively well. Back was around 7 30. ascending support right there at about 7.50 Got some headlines from what's that? 4.35 million share float HKD um I just wouldn't expect a lot on HKD So that's true. Announces a share repurchase program.

Sometimes companies will announce a share repurchase program and then they don't. Um, follow through with it either in full or at all. So that can be a a little um, you know, you know, just don't know it'll happen. SOS Currently down 16 percent.

So while you could get in right here, off support doesn't have volume, no one's looking at it really. I Mean you know again. I'm looking at it. Some people are looking at it because it was continuation from yesterday, but it's not obvious enough.

What's obvious are stocks on the top of the scam stocks that already have volume. Unfortunately, those stocks do not look particularly exciting right now. HKD Getting a little attention because it's hitting the scanners. It's moving up right now so Traders will circulate.

You know, hey, look, take a look at HKD et cetera et cetera. But I know that stock well enough at this point that I don't trust it. Oh, the latency on my current setup is not bad. Um, let's see I can't remember when I was in Europe what it was I think my pain in Europe was like 72 or maybe a hundred.

Um, my ping here is eight delay in the idolate and see and my upload download speed is 500. So I certainly have a strong connection at home in my home office and it wouldn't matter I Mean you know I'm not doing the type of trading where moving to New York City I don't think would make any difference I You know I made I made good money when I was trading in Italy Even with a little bit more latency, it doesn't really matter that much. For me, it was this. It was the streaming problem because the internet was a satellite so it would drop sometimes HKD coming up to the top there of 67.

so you can see how HKD comes up to that double top for a second. It looks like it's going to break, goes to 68 and then drops back down. the low back here was 540. So HKD if you can break up here through 67 68 and then you might see a move up to 75 80.

right now it's obviously the only stock on the scans, so let's see if it wants to break 68. So there's 75, so you know a small break. Is it anything exciting? Obviously not, but you know you could have taken that if you wanted to a little trade there. I Don't know.

it doesn't really seem. Not sure it's really worth it, but what was the what? would the total gain been 68 up to 79. So 10 cents, 11 cents a share? BFS So this one's a little tricky. Um, you have the high here of 1860.

yesterday's high was 1889. so over 20. it's more interesting. The volume is pretty light on it though, which is a problem.

Is there any news on it? So there's 1889. Let's see if it goes up to 19. So I would watch this if it breaks through 19 1950 volumes coming in. Not a lot, but you know some volumes starting to come in so you've got 1889 on the ask.

Next order, you probably want to see a break of 19. that would be through yesterday's high and then this candle. Let's see. Uh, the high was 1968.

So if you get over 19.68 that's where it looks interesting. So I'm going to put an order at 19.50 on VFS and we'll see if it decides it wants to go that high. So just watching high that candle was 1889, there's 18.95 so it's hitting the scanner again. I Want to see if more volume comes in right? I Want to see if we see that green on the tape? Do we see some buyers? Does it start to accelerate? It's already moved up a dollar a share light volume, Bigger spreads.

but these are also type of stocks that can move quickly as we've seen before. So we'll get this. The spreads are tightening up. Look at that.

So now you've got 1946 on the ass. So all of a sudden it's like okay, does this thing want to go somewhere So like I said, 1950 is the level I'm watching high is 1946. Right now it's only up 10 percent the level that I was looking at is this daily candle here about 1968. So so we'll see what it does I don't know right now.

like I said I Usually look at the tape. um, glancing at the candle, you've got higher volume there, which is good up to 1946. So again, you could have taken a trade on that is the volume light? Yes. Is it a great setup? I don't know.

I'm wanting to see if it gives us a one minute pullback and then continues higher. that's you know, and does it happen? I don't know I'm not sure. but right now the level I'm watching is 1968. so we've got about a minute to the open.

so I'll remind you guys as always that trading is in fact risky and my results are not typical. So manage your risk, practice a simulated before you put real money on the line, and don't try to blindly follow me or anyone else. Take it slow, especially in this market. This isn't the market to do anything crazy, it's just there's just not a lot happening so you know a little action on HKD a little move on VFS But you know, let's see if there's something that actually seriously proves itself today.

All right. So I'll end the morning show here and uh, we'll be back at it first thing tomorrow morning. So those you guys on? YouTube thanks for hitting the thumbs up and I'll see you first thing tomorrow morning. We've got five seconds to the opening bell.