All right everyone good morning, well uh we've got about a little less than an hour to the bell, so we're gon na start breaking things down see if we can find some stocks to trade today as a reminder, as always for those tuning in on uh youtube For the morning show, thank you guys, of course, for tuning in. I hope you hit the thumbs up as soon as you get logged in. That makes a huge difference for the channel. We've got a goal of hitting 1 million subscribers and if we hit 1 million subscribers by the end of this year, i'm going to do a new small account challenge starting uh in january.

So that's a good reason to hit the thumbs up, subscribe and share, and then i also want to remind you, as always in case you didn't already know that my results are not typical. Trading is risky, most beginner traders lose money, and so you should assume as a beginner, that you'll lose money as well, and with that assumption in mind, don't trade with money you can't afford to lose. Take it slow. Do yourself a favor and trade in a simulator before you put real money on the line, all right trading is very risky, so no trades.

Yet for me you can see my positions window top left corner, um, no positions, no trades, i'm all cash right. Now i'm ready to roll ready to trade, but i need to find something that looks good so each morning i start by going over my gap. Scan these scans go on girl, go again go down. These scans are the.

This is all uh scans that i've developed and these this is our software, so uh leading gapper this morning is abvc and i'm going to move these down here and make the chart full screen so abvc all right, leading gapper, it's up 214 percent, which is a Big gap and uh, it's got, 13 million share float. Let's look at the chart, the thing at 4am squeezes up and then between 4 and 4 30 goes from a low of three dollars to a high of 26 wow. Well, i guess uh that one went without me. I missed it completely, but boy what goes up comes back down in one candle in one minute: it dropped from 26.

All the way back down to 13 is kind of faded. Since then, uh all things considered, i'm not really too sure about this one. It's got a pretty funny pre-market chart. Having made that big move up and then pulled back, i don't see news on it in this news feed um over here.

I can click on this news. We can see if there's anything over here, so this is uh on warriortrading.com um. So there's a seeking alpha article um, which is just reporting on the move. So i don't see any um anything obvious on this um, just social media buzz.

So i don't know uh it's hard to say um. So right now with no clear news, i'm not sure if it's gon na hold up or just uh roll over but uh. It's got 9 million shares of volume, so a mixed shelf story from two hours ago filed an s3 shelf registration for 50 million dollar, offering on 1029 very interesting. So probably so, if we can see shelf uh registrations, let's see um abc oops registration there.

On the 29th yeah so that that is kind of suspicious um probably leave that alone for right now so uh, that's our leading gapper, but a little odd second leading gap or bttx bttx has a 7.5 million share. Float. Pre-Market high is up around 25 up here. This one daily chart, basically no price action all-time highs, could be a blue sky set up.

Let's see, bttx big range, it's down 10 points off the high well um there. Oh so yeah. I think i know. What's going on over, there um just check one thing: bkkt boy, look at that into the clothes on friday.

That's awesome! That is great to see. I didn't even notice that thank you for bringing that to my attention, so that is a uh. That is a nice thing to see. That's that's! A continuation set up, bttk, uh bkkt, sorry, we've got bkkt and we've got bttx.

It's a little confusing so um personalized retail nutrition wellness to generate massive size worth 3.3 billion. Hmm yeah! I don't know about that uh! So anyways b t t x i'll just put that as a maybe if it can get back above volume, weight average price bkkt is a continuation stock. We'll keep that one on watch um 42.. So the thing on this um is uh.

4250 is probably a important spot to be mindful of continuation. These can be good. Fresh catalysts often are better, but on the other hand, this is coming back up on the daily chart. So that's a nice daily setup.

It's all-time highs, based on pre-market from last week was like 50 was like 60 bucks. I guess get a high of 60. right around 60. zoom in on this a little bit more.

So that's just a tick. It looks like um this 54 e2 and this those look a little bit more worth watching those levels. Okay, so we'll keep those on on watch but, of course, higher priced next. One down on the gap scan artl, 24 million share, float sort of familiar with this one.

It's been on the scans before not really that interested in it. It's a little on the cheap side. Zan 112 million share float not that interested cheap. Gss, 100 million share float it's an acquisition.

It looks like maybe um yeah, so no interest there, cmtl wow, so big spike there from 22 up to 28 and then reversal off the high anip higher priced. Hmm, we've got about 10 minutes until uh 9 00 a.m, so at 9 a.m. We may be watching to see if there's any stocks to start hitting the high day momentum scanner and then therefore give us some opportunities to trade. Breaking news news often comes out right at 9, 00 am yeah, so we're seeing pre-market highs on the high day scanner pre-market.

So the reason i'm not a big fan of abc abvc right now is because the news on friday was shelf registration, 50 million dollars, which gives them the right to sell 50 million dollars as a secondary, offering. It then goes up pre-market on very light volume. There's no news and with that shelf registration, it's hard for me to trust now, with the news of the shelf registration being right at this sort of moment right before this, it just feels - i don't know you know it's funny when the stock goes up. It's got this yesterday was at 2, 50.

went up on shelf registration news, it seems a little suspicious and it's a bit hard to trust. You don't want to be buying and then find out the day you're buying. They were doing a direct, offering selling shares onto the open market at the inflated price and if it pops and just flushes and sells off all day long and then you get that news and and you take a loss on it, you feel like wow. That was a really unnecessary loss now, on the other hand, uh just because a stock has a shelf registration company doesn't mean they're going to execute it that next day, by any means it is just a shelf registration, but it's a reason to be cautious.

It's probably a reason: a short seller would be a bit more confident uh holding on to something like this to the short side, because you know look they've indicated the shelf registration. You know they have the right now to sell up to 50 million dollars, which is diluting the value of the stock, so good job for anyone that caught that squeeze this morning, um, but a huge topping tail. So what levels would it need to break to be? You know really back with an interest 1478. Well, it's at 860 right now.

So is there anything between here and there 950 the volume weight average price - i don't know lcid, so this one um, i know, is popular among uh some traders, this one, maybe for more, like um people that are doing a buy and hold type of strategy. In terms of day trading, this isn't one that i would really look at that closely or have that much interest in it's gon na be choppy to try to day trade. It it's more of a buy and hold, and just let it work type of stock. It could just tell by the price and the float and the the chart patterns so seeing people on youtube saying they traded this morning.

I don't know who's up at 4 30 in the morning, but most u.s traders are not so maybe some european traders welcome. Michael all, right so 853, all right, so i'm hoping for some news at 9 00 a.m. That would be nice, not sure matthew. No, i don't trade crypto just stock wbx, so this one was last uh monday uh popped up and gave a pretty impressive move for sure.

First went to 24 pulled back, then rips, all the way to 37 at the open pulled back again. So now the daily chart on is not very strong because it's a red candle bkkt, on the other hand, a similarly big move, but the daily chart is much much stronger, green candles, yes, a high that was red, but then has recovered that so this one's a Stronger daily chart, but since it's not a fresh gapper today, it's not on the top of our gap scan uh here. So it's not a fresh kkt, not a fresh gapper, not with any big breaking news headlines, um that i'm seeing that is not ideal all right. So watch to see, if anything, rdbx red box yeah, i see it popping up a little bit.

There that's tricky you've got again. This was hard on the daily with that sell-off, so i'm hesitant on that one. I can turn my gain up a little bit. That might help let's see if something holds.

I agree so vcln some news there, but uh vlcn, maybe, but i don't care too much about that bbig yeah. I know this is one of those ones. It's kind of been over traded a little bit. Um floats gotten a bit higher 100 million shares, so so nothing, nothing breaking there at 9am we'll see, if maybe something did have a news headline but just hasn't started squeezing up yet yeah.

I see the daily on vlcn, it's not a bad daily. I would agree with that, but 9 a.m, news on atai, but nice jack artl too cheap for me yeah. I think the mic might be lower than it usually is on on this one but um yeah and turn it up just a little bit. But if i turn it up too high, it's gon na pick up back background noise, so igc popped up to 54 drop back down.

Artl, definitely trades like a more thickly traded stock. But price is a factor there. Redbox rdbx popped to 1520 pulled back, so we're not seeing anything really big right now hold on one. Second, i'm going to put up my disclaimer again as a reminder.

In case you didn't already know, trading is risky. My results are not typical. Do yourself a favor and trade cautiously, you should trade, a simulator before you put real money on the line you shouldn't trade with money. You can't afford to lose most beginner traders lose money.

All right. Let's see um, you can see my positions window in the top left corner so right now, i'm all cash, no open positions, no trades, yeah bkkt uh! You know again, like i said 42.50 - is a really nice level. Uh above that you've got uh. Let's see around 44 and then the after hours high on friday 46.80, you can see bkkt has this sort of trigger right around the half dollar yeah see i i was thinking, i'd, be a buyer at 40 50, but it kind of just broke that level.

Without me, the reason i was thinking 40 50 was because of 4046. If it broke that level it's pulling away from the v web. The high is now 41., you know, but can it hold this level and is it gon na go all the way back to 4247, i'm not sure, but for those that got that break over v web? That looks good the problem on this one. This is my main problem: it's a good continuation setup, but i don't know that it's obvious enough.

It's important to take obvious setups. I think there will still be people watching this from the previous week from last week, but until either has fresh news or is actually gapping up. It's actually gapping down five percent right now, so it's not on the gap scanner. It's actually not hitting the high demo scanner.

Probably the relative volume is a little too low where it is right now. So it's nice idea, it's just not quite right there for me so worth keeping an eye on you know if it starts to rip up. It starts to hit the high day, momo scanner - you know, because it's squeezing up 10 or something then it starts to become more obvious. It's just not there quite yet gree um yeah.

So this is a reversal type of setup off the low. Yesterday's high was 2867, but then after hours, up to almost 31. could be interesting, not quite right, uh. For me at the moment, though, similar situation to slight gap down to continuation setup yeah.

This is really just about being patient waiting for the one and, if there isn't one that sets up and looks really great, it's better, just not to trade than to trade b, quality or c quality. Setups you, trade, low quality, setups accuracy is lower losses. Can all of a sudden stack up and you're thinking man? Why did i even take the risk i'm down five thousand dollars today? There wasn't even an a quality setup. There wasn't even a good gapper.

Why did i even why? Why even bother so you know the markets have been pretty amazing in the last couple years, but even in spite of that, there will be some days where it's just slow. So yes, abvc is the leading gapper. You are certainly right about that. It has shown an ability to make a very big move, but it also has news of a shelf registration on friday, 50 million dollar shelf registration.

So that's something to be mindful of it's got a pretty decent range here, but it is below the volume weight average price of 9.50. I just watched the high day, momo scanner and the chat feed for the breaking news, and then artl is a little too cheap reminder for warrior pro students. We had a mindful monday this morning. That is something you guys should be doing on mondays.

You can also do fomo friday on fridays and i believe at 10 30 today jess will be doing a q, a session for warrior pro students, no opinion really on uh facebook as a stock uh. It's not something that i'm actively trading as a as a day trader. It doesn't er. The thing is stocks like that are so expensive.

They require tremendous amounts of buying power to trade, and you know you don't those stocks, don't move 30. 40. 50 in one day. So the ones that do are lower priced and those ones require less buying power, or you can use your buying power and take a very large position and then have a 20 30 percent return on it.

You know, obviously, if you're a successful trader best case scenario. My results are not typical, et cetera, et cetera, but that's going to have a lot more potential. So that's the area where i like to focus, obviously something like dwac that goes from 10 to 175 bucks. These are the type of stocks that i'm looking for.

Facebook is not going to be that kind of stock ever so it's not to say that it doesn't have range and there's not some opportunity there for some people that find that that's appropriate. That's fine, but it's not really what i look for. I look for bigger. More a little bit more exciting type of opportunities, so we have a news feed that i subscribe to.

That puts news headlines right in the chat room. So i look at that news feed throughout the morning and then also just because the chat room has a number of traders in it. I look for people to post, hey. I just saw news posted here, so if i miss something because we have enough people in the community there's a good chance that someone will bring it to my attention, which is nice uh cheap, if it's too cheap, it means it liter.

As a literal, the price is too low for me. I don't usually like trading, i don't trade penny stocks. I don't like trading, you know one dollar dollar. 25.50.

You know share stocks. I prefer a little bit higher price than that. I use a broker that does charge commission, so i have commission and ecn fees and those become very, very high when you start trading 100, 200 300 000 share positions in and out of a penny stock. Now other brokers, like td, ameritrade or e-trade, you might be able to take some big big positions, but that's not the case with the broker that i use interesting on bkkt a little bit of a bid stack kind of popped up there.

It's still, you know, light on um kind of volume, it sort of pops up and then drops it's just not quite um strong enough here i don't think, but i'm just gon na keep. You know, keep an eye on it and watch. This is the type of stock where you know one one wrong move: uh. Could you know you'd be down a dollar a share, the volume's, a little light.

I mean it's, it's not that bad, it's more! It's more that the spreads are bigger. I think that's more! The problem for me, it's the spreads - are a little big, so 4247 is the line in the sand that i think we should keep an eye on so see how it pops up there. But then is it immediately gon na roll back over because that's what it's kind of done? It pops up and then it drops back down. So here it went from 40 50 up to 41 and then it dropped all the way back to 39.80.

So now, as it comes back up here to 4120, is it going to drop back down to 39.80 again or is this time? Is it going to hold up, and i'm not sure but yeah, we'll keep an eye on keep it on watch yeah, so you're not supposed to lie broadcast level two data because uh you have to subscribe to level two data so level, two data you subscribe to. You pay your subscription fees for it, and so, if you're, giving it out for free, hey go on the nasdaq uh exchange would not be happy with that. Like you wouldn't see on cnbc, then broadcasting, you know level 2 data ever all right, so we've got about 12 minutes to the bell. Now i have a a bit of a kind of rule that i've been trying to follow recently, no gaps, no trades.

So right now, with 12 minutes to the bow, i'm not seeing any gap, any good gappers, and that is concerning me a little bit. So it's monday it's the first day of the new month and if we don't get anything that looks good here in the next 10 minutes or so then uh last um. Last time i checked it's probably better to sit on my hands and not take any trades. Just sit tight and wait, and it's true that because right now there's a lack of good gappers if something starts to open up between 9 30, 10 11 mid mid morning or even midday there'll be a lot of traders that are sitting here on their hands.

Waiting for something so when something starts to finally move people will focus in on that. I try to be a little careful, though, because sometimes the fact that there wasn't anything strong short sellers will see that as kind of a sign that anything that starts to pop up, probably not going to work, because traders are going to be more cautious. They're going to be a little more hesitant, so you know i don't always like just sitting around kind of waiting till take and taking the first trade at 10, 10, 30 or 11, because that by itself is sort of an indicate. The market is a little colder.

A little weaker on the momentum side, therefore a little better on the short side, maybe not always, but maybe so bkkt kind of did - that predictable, pop-up and then strong flush down to 40.. So, on the best days by now, i'd already be above my daily goal. Of course, on the worst days, i'd be red, but no reason to make it a bad day and then pr moving up the gap scan there, but very light volume. I don't see a headline on it, so i like to check in just a couple spots: um, so hc wainwright initiates coverage buy rating nine dollars, so you know you've got that out there um early this morning.

6 a.m. 6. 30.. This is a stock that i'm sort of familiar with, because you see back here - big big move from 8 to 27.

So when i noticed on the scanner, i thought oh yeah all right. Let me take a look at it, so your chart right now. It's an easy to borrow stock. It's been heavily shorted just sold off hard.

I don't think there's anything there on that one right now, but it was worth taking a peek at dcrc. Gapping up six percent also easy to borrow yeah where'd that go. Oh, it is! Oh, it's not in the daily i haven't had the daily chart properties. Well, this looks like it's going to be an uneventful open thanks, rich uh.

No, you know i've, never really uh done a lot of shorting when i first started trading, of course, like a lot of traders, i didn't even know that shorting existed uh, so i just began my career, it's kind of like i don't know. I mean learning to play. Guitar guitar is strong for a right-handed player. You don't even know you can play it left-handed.

Even if you are left-handed, you just start playing it right-handed and next thing. You know you get used to it and now you're a right-hand guitar player. I don't know so it's kind of that way with with the market, you don't as a beginner, often even understand that you can short and then by the time you do which isn't too far in you realize well, you've got to get special brokers to learn to Be able to have shares available to borrow and those uh 10 15 years ago, were a lot harder to come by than they are today, and so you just kind of go with what most other people do, which is trade to the long side. Orph.

Let me take a look um. No, i see i can look at that chart and pretty much tell you right now that that doesn't look that interesting to me. I see that the flood's 34 million shares it's pulled back quite a bit. It's well below the v.

Wap, it just doesn't look great all right, well, uh about four and a half minutes to the bell, no and on a slow day like this, in my opinion, it's better to take zero trades than to take you know what so what happens? Is you take one trade and then you go red and then you're like well all right? No now i've got to get back the loss. So then you just keep trading and it's not a great day. There's not a lot of good opportunities, but now you're, just trading to make back the loss and then next thing you know you're down a little more a little more a little more, and you know it's just you realize the whole day started off on the wrong. Note so with that, it's three and a half minutes to the bell and um.

I don't think i'm gon na take any trades today. The writing to me is on the wall that there wasn't anything good pre-market. We didn't have any good gappers. There was nothing really looking awesome and i'm better off just trying again tomorrow.

I just don't want to take the risk and take an unnecessary loss. I'd rather be disciplined now, i'd love to trade every single day. I'd love to have a stock go up 500. Every single day and make 500 000 every single day, but that's not realistic, so being realistic about the quality and condition of the market.

The right decision here is just to sit tight so for those on uh youtube and facebook, i'm gon na um end the morning. Show here coming into 9 a.m: no trades, those in the chat room, i'll, keep streaming uh and you know we'll we'll walk through talk through. What's moving, maybe it'll be something that pops up and i'll talk you guys through it, but uh. I don't think i'm gon na take any trades today i mean we'll see you know i'll be in the chat room.

So we'll see what happens i'll be here, but uh yeah. That's that's the game plan for today. So as a reminder, as always, trading is risky, and so one of the decisions here is to mitigate the risk by uh, not taking any trades on a day when there doesn't look to be anything, that's really really hot and uh. You know if that's the way it is.

That's, i think that's the right decision so uh again those on youtube. Thank you guys for tuning in. I hope you hit the thumbs up for the morning show and the watch list, which is very slim today, but uh. That's what the market's giving us so we'll be back at it first thing tomorrow morning you.

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