All right. So it's about 9 00 am here and this morning we I I'd So far I haven't taken any trades so sitting tight, um we'll watch to see if there's any news right at 9am. But the overall market is gapping up this morning. Uh, Goldman Sachs is up.

We have. you know, a couple of these, um some banks that are going to be posting earnings. This week Bank of America posted their kind of, uh, initial move was a bit lower, but coming back up a little bit now. So um, let's see.

Um, the small cap market is a little bit, just a little slow. This morning we've had a couple of stocks pop up, but their floats have been a little higher. You know adn is moving up a little bit right now. The floats 34 million shares.

It's kind, of. um, it's kind of grinding a little bit. Uh, it doesn't feel particularly like a fast-moving stock. so you know we're just kind of.

I don't know, I'm I'm waiting for something that looks like I can trade it and do a little bit better on it. Break breakout there was 40. uh, I lag is our second leading gapper. this one as you may recall, traded last week.

Uh, you know I lost a little bit on it. Maybe like I don't know 500 or something. I traded a couple times, didn't really open up so I I gave up on it. But uh, you can see for sure that this one is just a bit of a wild stock big range.

so your high there is 35 but from a couple days ago this thing was back at. you know, 10 bucks and it hit a high of 26.40 So it is a dead cat bounce setup, but I'm not sure if that's a trustworthy setup in a bear market. so I lag maybe Qd leading Gapper too cheap, Floats too high. Adn is the third leading gapper right now.

Higher volume red candle. There volume weighted average price is around 330 200. moving averages around 4 30.. you had news that came out at 709 so you know it's it's up a bit, but nothing super super exciting yet.

So right now it's kind of hanging tight. We've got about 30 minutes to the open, but unless something starts to really open up and move quickly, I don't know if I'm going to jump off the sidelines. I just don't really feel that interested in trading. Choppiness? Check.

Continuation scanner already checked. I lag Kspn Uc pretty hard. drop there from at 4am from six down to four, you know, Friday it was like okay. if this thing opens up a little bit more, we might have something we can really work with here.

But got it. Qrteb for the last couple days has popped up uh, at some point kind of early and then pulls back the high back. There was 844 trigger at 773.. no volume really.

Right now, Rytm floats too high, easy to borrow. Wouldn't expect it to do much in this market. Oh hmm. um.

I I think we should put that on Tv. You'll have to show me when it comes on later I I I just tell her in the yeah and I don't remember anymore. Don't do that as bothering girl. Do you want a sandwich? No thank you.

Not right now. you can make one for girl girl. Leave it alone, make sure you put your things away so girl doesn't get into him. Girl out I think she was looking for that toast.

She oh think Viru cautious comments out. you know, the Vero Daily Chart. It's coming up to the double top. At 17.50 it's been strong, but not really easy to day trade volumes.

Too light, not a strong catalyst, just yeah. maybe. yeah. So so thank you.

So about 10 past nine right now. but um, here, bring those over here. now. For right now you want to put those here, we'll use them outside later.

No, I don't want you to do that right now. We'll do it later. We'll do it later outside. Hey mister, you gotta wait till I'm done.

Yeah, no surprise on Uc. None of this is surprising at all. Not surprised. All right.

So we've got about 15 minutes, the opening bell and as we sit here this morning, unfortunately there isn't anything uh, particularly interesting. You see down 50 percent there selling off Siga. kind of like Veru. You know it's a it's a daily continuation setup.

so this one Viru. Very similar charts, but they're not really opening up enough. They're not easy, they're not. There's not enough momentum to day trade it.

They pop up, but they're not really opening up so got nothing there. Um, so of course it's a Monday in July and markets, uh, just feel kind of slow. So far today I thought maybe it'd be stronger because we have this overall gap in the market. but you know it just goes to show small caps kind of trade on their own and there's just nothing in particular that I'm interested in at this moment.

So as of right now, it's a no trade day. Uh, but of course we still have. uh, you know it's still very early. But the best days start strong.

The best days. They start strong with good trades pre-market on breaking news. So I can already tell you it's not going to be one of my best days because it's too late at this point and the opportunities to trade breaking news have come and gone and we haven't had anything good. So you know I could throw in the towel right here and say, you know what? Statistically, this is not gonna be one of my best days.

Given it's a bear market July, why even risk it? Just come back tomorrow and that wouldn't be a bad idea. There'd be nothing wrong with doing that. Um, but at the same time, it is still early and uh, it's early in the week, so you know, if it was a Friday, I probably would just say all right, whatever. Forget it.

but it is. It's only Monday, so it's still pretty early in the week. Um, although at the same time, no reason to, uh, you know, dig a hole on on Monday when still have the whole rest of the week in front of us. So yeah, that's kind of my, um, my thoughts at the moment.

Nothing that I'm super super, uh, nothing that I'm really at all interested in. Actually, as we said, on Friday, a big part of trading is sitting and waiting and being patient. So our set our leading gapper that's possible would be ilag this one. If it broke over this pivot here of about 327, then we would have room up to 335.

Which is, you know, eight cents. It's not even that much, but we'd have eight cents. And then if we got over 335, then we start to have a bit more room coming back up. Um, but you know, look at how this thing got beaten up so badly.

Uh, you know, a few days ago it just got totally destroyed. So this is just to bounce off the low it already has. Uh, you know it's got quite a bit of volume. Let's see what was it.

Abn is 12 million shares. I lag has seven Seven million shares. 7.5 So you know there's obviously quite a bit of churn in here with all those shares. they're just, you know, churning in this area.

Despite a decent amount of volume, it's not breaking out, it hasn't been able to break out yet, just kind of drawing an approximate trend line there. and you can see on the level two stacked up on the ask, it feels like um, you know it. Just it feels like maybe a little bit of a trap. So uh, I don't know.

so I'm not super. You know, I think it's a B quality setup being it's a dead cat bounce. Um, and I don't think this is the market to take the risk on a B quality setup. You know, look at that one candle right there.

You know, just that big red candle. So that one I'm not feeling uh, confident on adn Uh, the third leading gapper, really? The second, that possibly tradeable 34 million share flow is a little higher and it's a little extended. You know, up here it broke out, but it only broke out by 20 cents. And remember, you're never gonna capture the full breakout from the from the very you know, perfect entry to the perfect exit.

So if that was really a 20 cent breakout through the highs, maybe you would have captured eight or ten cents, right? You know, eight or ten cents. It's not a lot per share, and you probably would have been risking eight to ten cents to get in it. So so. unfortunately.

Had a good day on Friday. I'm grateful for that, especially now as I'm looking at the market this morning. Hmm. can you tickle my shirt? I'm hot? Okay, let's just take this one off and see if that feels better.

One two, three. Okay. I can't reach that. Hmm.

so so thank you guys! As always, Uh, on Youtube we're tuned in reminder in case I haven't already said it today. Trading is risky. Most beginner traders lose money, so I don't want you to think that there's a guarantee that you'll be successful because there is. not.

Whether you learn from me or trade on your own, this is a risky business, so take it slow. There's my disclaimer: Well, if you want to guarantee to make money, I can give you a guarantee. You can go put your money into bonds and you will get three percent guaranteed. That's your guarantee.

Now, the problem is, obviously, in order to make a living off of three percent, you know you put a million dollars away. Three percent's only thirty thousand a year, right? Three percent a year. You can't live off of it. So you've got to put your money to work in a in a way that's a bit more that it just.

it's risk and reward. That's the analysis. So into the open. Marcelo.

Yeah, uh. we did an interview. It's added to the I think it's chapter 17. uh.

interviews that I've done with Profitable Traders. Yep, so that was the latest one and I have one with Nick that I think I'll do this week. so we've got another one coming soon. No, um, and I'm I'm happy to do them with anyone that has a profitability badge.

but um, we have a release that they have to sign and not everyone's comfortable signing that so you know and that's fine. But you know if we're gonna do the interview and then make it available for people, we have to make sure that folks are okay with that and understand that. So, but anyone that has a profitability badge is welcome to. I'm happy to do interviews with so foreign.

So okay so we've got about four minutes to the open so those who have been tuned in over on Youtube. Thank you guys for being here Slow morning but you know that's the way it is here. uh today. So nothing we can do but trade the market we're in and the market that we're in right now is not giving too many opportunities for small cap traders which is my focus.

Of course those interesting large caps. You can jump over the large cap room as you'd like. But yeah, just taking it slow right now. Not interested in overstaying my welcome so I will be.

um back at it on Youtube first thing tomorrow morning. I don't know if I'll do a recap for a no trade day? Probably not. but um, I don't know. Anyways, um, we'll we'll see where we finish.

uh, the day before I decide. All right. So thank you guys for tuning in on Youtube and we'll be back at it tomorrow morning.