All right everyone. good morning, Welcome to the Morning Show. For those tuning in on YouTube and Facebook Uh, this morning we've got a little bit of action on you car. it's up 75.

I've already taken a few trades on it and uh, we've got six and a half million shares of volume. It's liquid. it's moving, so this is one that's certainly worth watching right now. It's a little extended as it comes up to this level at 47.

So although there could be a quick scalp trade on the Breakthrough that half dollar, the risk on that might be a little higher versus the upside potential. so watching pullbacks, but this may be one that I can get into a groove on and get some trades on. So we'll We'll keep watching this right now. The five minute chart it's on.

it's it broke out here from its second pullback and this is now the first one minute pullback following that fresh five minute breakout. So this can be a valid time to be interested in buying. but once we go on to a third five minute pullback, then I'm not going to be probably as interested. So first and second five minute pullbacks are fine.

A one minute pullback following a fresh five minute breakout is also fine, but we are getting a little extended so have to be a a little cautious. um, on this one. All right. So you car right now leading gapper.

Um, a little bit of a discrepancy between different Market data vendors on what the float is. It's a somewhat recent IPO that, as you might recall, made this really big move here. So for that reason I I like it and I'm interested. But um, let's see, let me just draw this trend line.

So it kind of came up pretty close to that level there. not exactly, but but definitely close. There's 47.48 There's 50 on the ask right now. there's a seller at 50 at the half dollar.

These are levels often those psychological resistance when they're below it and then psychological support when they get above it. So right now we're struggling with this halfway point between five and six and just there. A ten thousand share seller came out on the level two, and that was enough to create that flush right there. So now we're seeing a dip all the way back to 24..

So that's that's actually a substantial swing that is the biggest one that we've seen so far today. right there. That right there was the biggest one. Uh, so that was from 50 all the way down to 21.

That's a 30 Cent dip in just a couple of candles. Two candles. So that is substantial. And the problem here with this so could I buy this dip right here at 23.24 Well, yes, but the problem is now we're forming a third five minute pullback.

This five minute breakout just went from 20 up to 50. and now it's back to where it was before, which starts to look more like a head in the beginning of a possible Head and Shoulders pattern which is not the strong pattern that I want to be buying into on this type of setup. For those that are tuning in on Facebook or YouTube for the morning show, I'll put a link uh and I'll pin it to the top of the comments where if you'd like, you guys can download my technical Analysis toolkit. um I put together a technical analysis Series So let me type this out.

Technical Analysis series download here. All right. So I'm going to paste that and I'm going to pin that to the top. Check that out if you want to learn more about these patterns.

I would encourage you to check that out. Atto is hitting the scanners right now. Let me take a quick look first thing: I look at I already see the float is 7 million. The volume is very light, relative volume is only one.

it's only up 16. so I'm already kind of like yeah I don't know. And then I pull up the chart and I see Okay, yesterday it made a move and it has a topping tail so it didn't hold that level. Super super Well, Um, sorry the day before yesterday.

Um, so then yesterday was an inside candle so 350 is the level that would need to break Atto. looking at the level two now I See, it's easy to borrow, but it's also on short sale restriction which is a little bit of a funny combination. but it's not something that I'm going to be interested in, so that's you know, high speed sort of what? I go through to decide whether or not I'm interested in buying a stock and that one is going to be a No for me dog. So sorry about that one.

Uh, all right so Atto off the watch list. Um SDA this one from yesterday, by the way. uh, it's kind of crazy so it makes this really big move. Um, it squeezes up here from 15 all the way up to 30, goes up to a high of 34 and it comes all the way back down to 11 bucks I was like wow, that was.

that was like some destruction I mean seriously, from 18 all the way up to 34? awesome and then all the way back down to 50 to 11 down here? Golly! But what makes it even crazier is that it ended up coming all the way back up to 48. by the end of the day pulling back and then pre-market goes to 60. right now it's at 37. so you know I know some of you guys.

Um, we're looking at this one and already talking about taking trades on it this morning. Got a bit of risk on it to moving just a smidge higher. Still not interested I was just checking to see what that scanner alert was. Okay, Um so 38 21? Yeah.

I mean you know for what it's worth, this could be a dip spot on SDA Buying this dip right here. um sort of off of pre this previous flat top. so if you look here um, the way you had this resistance there there and there now it's kind of come back down to retest that level. But the main problem with taking a trade right here is the spread.

3811 by 3910 and it is down 10 percent. which means it's probably not super obvious. probably not the stock that a lot of people are going to be watching this morning. it's not on the top Gainer Scanner: It's not hitting the high demoma scanner so the only people that are going to see it are people that were watching it from yesterday at least initially and given the price, action yesterday was kind of crazy I don't know if it's going to be clean.

Um so someone on YouTube saying Ross has some great videos on Cmeg I think he gets some Kickback and I'll tell you right now. for the record: I don't I don't get any money from them. They don't pay me I'm not an affiliate. My my feeling on this type of stuff is that I don't need the 20 bucks or 30 bucks that they're going to give me for each account that they create I don't care I don't need that money I've made enough money.

So if I have a tool you know like CME G that I like or that I've used then I'll share it with you and if you like it and you want to use it, do as you'd like. but I just don't care for to get the affiliate. Revenue What I've asked them to do in the past is to give discounted commissions to any of our students at Warrior that go sign up. So pass the savings on to you guys and they do that periodically.

You know I don't know exactly because I'm not in the you know I'm not in the loop of what they do and what they don't do. but that's just to say that um, I I'm not going to say that they're the best broker in the world. they're not and you know the reason they're not is because number one, they're International the best brokers in the world. I would say right now are in the United States where you have insurance you have Deposit Insurance You don't have a Deposit Insurance When you're trading with, you know an account that's in the Caribbean I mean that's just you just don't so you've got more risk there.

They have a little bit of a smaller team, they're not a TD Ameritrade You're going to get better support with TD Ameritrade and the fees are higher so you know there are costs involved at the same time. What I do like CME G4 is the fact that you can and I certainly have done this before. I have an account there right now. just looking at it yesterday.

it has like 2 600 bucks in it so I could set up that I well you know I could just start trading in that account if I want to and with twenty six hundred dollars. um I'm pretty sure I get at least four times leverage. So and they don't enforce the PDT rules. so you know I could trade as much as I want.

which I think this is all about? You know Traders Having choice. you should have choice. You should be able to choose where you want to trade. If you're willing to pay more money and you know use an offshore broker then you should be allowed to do it.

I mean you are allowed to do it, but you know you could do as you'd like. If you wanna use a free commission broker like Robinhood uh then they do that too. like I don't I mean I really don't care. All I try to do is share with you guys.

What I think are the better tools to use and what I think are the tools that I would use if I was doing another small count challenge. So I did a TD Ameritrade small count Challenge and it was slow. It was very slow. I could only take one trade a day and I couldn't use that much buying power because I would run out of buying power because there's no Leverage So I was growing the account probably at 10 the speed that I would grow an account over at Cmeg.

In other words, Cmag I can grow an account 10 times faster. All right. So 10 times faster I Mean you know that's an opportunity. Cost time is a cost, right? So anyways, Um, you know again, their costs are higher.

Um, you know if they restrict leverage on certain stocks, that could be annoying, but it's just it for you. You have to make the decision of whether or not those costs are worth it. So it's risk and reward. Just like with trading, you know you take some costs for for reward.

you know Again, so do as you'd like. Um, it doesn't really. it doesn't really matter to me. So I try to just give you the on my honest opinion.

Um, and I just wanted to comment on the fact that it's not biased by an affiliate relationship that I have with them because I don't have one now. Trade Zero is another offshore broker, but they don't Uh, they require U.S traders to have 25 000. So they're a good offshore broker for non-us Traders I think but for Us Trader Why use an offshore broker with 25 000 when you could just use a US broker? What's the what's the benefit? I don't see a benefit there. That's just my two cents.

But for international Traders Yeah, crazy R is a good one. Trade Zero had at least they used to I Don't know if they still do, but they had a way where you could route your orders to basically get free commissions so it was a lot less expensive to to trade there. Um, which is nice. Well, they have a U.S broker dealer also.

So Trade Zero has two branches. they have the US branch and then they have the um, the international I don't know if they're called something different, but anyways, um so it's about 10 pass. Uh, so a little less than 20 minutes to the opening bell. pre-market high on SDA 60 double top there, so not really that interested in that.

it's a bit too expensive. Uh, you car nice surge backup right there. Now this is a spot you got to be really careful. So we've got two issues.

Number one: this is the third pullback I don't usually like trading the third pullback I find it to be pretty risky. Number two: it already gave us this two candle 30 Cent whip. Which means anywhere up in this area that I got in I have downside risk down to like 520 30 cents if it did it once I could do it again. maybe if I'd been paying more attention I could have gotten that trade at 27 right there.

but um, uh I don't know it it because it's the FI the the third five minute pullback I don't think I would have taken that trade anyways. Okay So yeah I like the idea of you car but um, we'll see what it can do. All right. So Mnrp don't like that one.

Not interested. Is there any resumption, time or date on that? It's probably going to resume low. that'd be my guess. Hey good morning Danny Congratulations on a great month of May Try to let's try to get June off to a a good start.

So right now you cars are leading gapper I've gotten some trades on it, but it sort of feels right now like it's at the end of the move. um getting a little extended. So sad. Simpson Uh, a member of the Simpson family said what happened to the Daily Recaps So usually I don't do Morning Show and daily Recaps I usually will do kind of one or the other.

So I was doing more Recaps when I wasn't doing the morning show. um, but again, not not every day. it's it. really depends if I'm doing a challenge.

If I'm doing something like that, then I'm doing daily Recaps because I'm trying to, you know, document the challenge that I'm doing I'm really in the middle of a challenge. Technically everything that I'm making right now is still from my initial 583 dollar small account. Uh, but you know I'm not documenting it on a daily basis at this point. I'm like six years into this challenge.

so uh. anyways Recaps periodically I'm kind of focusing more of my attention on doing videos like the one I did uploaded yesterday on how Emotions Drive Profit loss So I find that those are a little bit more I'm a little bit more interested in doing those videos because I think that people will find them interesting months and years from now. Where's a recap is just today? It's only helpful today. So I I don't know I kind of do one or the other with the morning show or the recap.

but in any case, uh, yeah, keep um, keep tuned in uh for some of the new episodes that are coming out and and actually I think I might um give you guys on YouTube a little survey tomorrow. Um, if I have time to put it together today I Wanted to get your feedback on a couple different ideas that I had a Morning Show related um also a couple new um projects I'm thinking about. So many of you guys know we've spent the last. Well, I mean almost the last year? Not quite, but a good amount of time integrating charts into this platform that we have.

So uh, this was a big project that we were. um, you know, excited to roll out here this month. So now all Warrior members who have access to scanners. If you're subscribed to a level that gives you access to scanners, you could go into your members dashboard right here and you could click that link to activate a free month of using the new charts.

One of the goals with the charts was to give you great charts including 10 second time frame for cheaper than they're available anywhere else. And as far as I know, we've achieved that I'm not aware of it being cheaper than than what we're offering for our members anywhere else. So and again, you can't subscribe just to charts only. It's part of a either you know, the scanners or the package.

But in any case, so so that was something that we were working on for quite some time. So now that's rolled out and um, we have a few projects that we're buttoning up related to the Chart roll out. just a couple of enhancements so that's keeping us busy and now I'm kind of trying to set my sights on what's coming next. what should I focus on next? So I'm going to put out a couple surveys to get some feedback from you guys and uh, you know I always like to hear you know what you guys want and I try to give you what you want.

So anyways, that'll be coming. Um, they'll be coming soon. All right. So we've got about 12 and a half minutes to the opening bell.

12 minutes. The opening bell here? um, another kind of pop and drop undue car. five minute is not as clean anymore. I Think the probably cleanest trays and the simplest trades on this one are behind us.

I think they're done. So um, that makes me think that it may be time to move on to a different stock. but I'm not sure which one that's gonna be our Gap scan you car is the leader. r-e-u-n is the second leader.

Uh, someone mentioned it's a buyout. It's too cheap for me anyways. so I'm not trading it wlds this one's been very active the last few trading sessions, but it's too cheap for me to be that interested in Mnpr. I Already mentioned I don't like that price.

too cheap qsg while on the surface it appears the float's higher. it however, looks like possibly a recent IPO or recent SPAC merger would have to look into it. And it had this huge move a couple days ago. Could you get a little dead cat bounce today like you kind of already did? So I don't know if this is going to give any more opportunities.

Uh, chewy, that's a larger float vmar. We were looking at that one yesterday, pretty sure it's easy to borrow. Yep, and it has a big spread right now. 425 by 460.

so nothing to trade there. There's no volume on it anyways. Um. overall Market S P 500 So right now, all things considered, overall Market looks decent.

maybe a little extended to the upside off of uh, the 200 moving average. Probably due for another pull back here, but you know it's all things considered were above the 200. We're holding up pretty well even though all I hear is Doom and Gloom on the financial business, you know Networks But they're You know, they just they're just trying to get ratings. That's all it is.

It's just the drama. the hook, you know. So I'm sick of that stuff. I Don't care about it.

Looking at the actual technicals of the chart, we know our highs. We know our lows. We're in between them. Nothing really that exciting.

So 10 minutes to the opening bell here? Anything? um, that you guys would like me to look at that I haven't looked at already? Cxai Yeah so AI Picker squeezed up yesterday. Nice move from the opening range from 10 up to about 16.. so you've got a nice move on that one that was about the same time that SDA was squeezing up Cvna let's see, floats a little higher on that one. Not sure.

Let me just double check that. Yeah, as of May 1st 106 million shares class A Stock 82 million shares Class B So no I don't think that that's one that I would expect much of. Pltr: Well, you know again. high flow.

This is one that is a bit more of a meme stock. Tesla Following the video, um I don't know, you know Tesla certainly has rallied off the lows of this year. You know it's up over 100 percent from the low under 100 up to over 200.. it's great.

It's right now, kind of breaking over the 200 moving average, so it looks positioned interestingly for a move higher. I'll certainly say that. um compared with Nvidia I don't know how much it's tied in there I'm not really sure. So you car it does have these two kind of false breakout Candles there and there but nice dips.

It's given some good dip opportunities so that's nice to see. it is on the third pull back here. So I think we've got a little bit of a game plan. I'm up 2164 dollars anytime.

I'm taking trades. You guys can see the P L in the top corner of my browser or my screen share. So right up there is my P L. so if I'm on my platform it opens up bigger.

It goes to the top anyway. So you car got a couple trades on that earlier I actually got got several small base hits on it and those add up which is great so the base hits add up. Um so a nice shape there on you car with two thousand dollars of profit coming into the open. you know again daily.

Goal: Get green, Get out. You know that's kind of the whole idea for me right now with trading. It's not my goal to trade and be in front of computer for eight 12 hours a day. That's not for me.

Uh, that that? I mean it sort of just feels like it defeats one of the biggest benefits of trading, which is the freedom to create your own schedule. If you're suddenly you know all of a sudden, the market becomes your boss. You know you're doing eight hours a day in front of these charts. I Don't think that's again.

do do as you'd like. You certainly can. but I'm uh yeah, and eight hours in front of your computer is better than I Guess eight hours? Um, in front of the um, you know, eight hours at a nine to five job. but in any case, computer there a little bit of my camera.

In any case, um, my goal is to I suppose make as much each day in as little amount of time as I can. so in two to three hours and whatever I can make in that window I am happy with that. So getting back the time is the biggest Um value for me right now with trading I get more time in my day. All right.

So we've got about five minutes to the opening bell. Rmti hit the scanner a minute ago, popped up a little bit, pull up the level two easy to borrow I'm not sure about chasing dividend yield right now. um I I Sort of think that that's a more conservative play and with the market, uh, Sort of you know. I think towards the end of interest rate hikes, we're gonna be we may still be six months away, but a year away, maybe at the most.

But I think we're going to be coming into a place where bigger investors out there are going to start putting risk back on. which means they might start moving out of dividend plays and moving into the higher, uh, volatility. you know, higher return equities. so you may see dividend stocks decline a bit.

and also for what it's worth, you know, a big a big dividend stock, you know, Johnson Johnson or a you know, Coca-Cola Their percentage dividend is so low relative to what inflation is right now it if you're not getting a lot of growth in the underlying value of the stock I Don't know if it's quite worth it. We may certainly see some selling at the open on you car or maybe some Bag holders from this daily chart that got pretty beaten up. and there may also be some people from the IPO or who had shares earlier on that weren't able to sell on this first day that concealed today for uh, 75 percent more than it was worth. Uh, yesterday.

That's nice. So we'll see what happens about almost nine and a half million shared. Oh nine and a half million. Oh, coming up towards 10 million shares of volume on new car.

So you know again, this is A stock that's given a lot of opportunities to capture those 10 15 cent uh trades 20 cent trades. So uh, this is the type of stock that I think pretty much everyone should have been able to find one or two trades that could have gotten you towards your daily goal, right? Get in, Get Green. Get out. Don't overstay your welcome.

If you get green, that's that's great. A thousand shares, 15 cents, 150 bucks. You know, once you start to build a track record of consistency and confidence, then you can start trading more frequently. But right now first and foremost is Build That track record.

So build that track record and Get Green. Get out. It's the beginning of a new month, so let's get it off to a good start. Uh, you car is right now a little extended a little choppy at this point, but let's see what we get for action in the first 30 minutes of day.

All right. So with that, we've got about a minute to the open. Uh, thank you for those on YouTube who've tuned in. Thank you guys for hitting the thumbs up I Appreciate it as always and uh, if you want to check out my technical analysis toolkit uh that is pinned uh to the top of the comments right here on YouTube you guys can check that out, you can download it I hope you do and I hope I'll see you uh back here tomorrow to finish up the week.

It's been a short week with the Memorial Day holiday on Monday but uh, we're going to try to make the most of it. so I'll be back at it first thing tomorrow morning. All right! Thanks as always for tuning in reminders. Always trading is risky, my results aren't typical, and there's no guarantee you'll find success.

Whether you trade on your own. you'll learn from me. So take it slow and practice in a simulator before you put real money on the line. I'll see you guys back here tomorrow Warrior Pro Students we're going to keep Trading.