So let's see. So we're sitting here at 9 15. So um, morning show here live on Youtube. Thank you folks on Youtube! Um for joining.

Really nothing going on this morning. Uh, we have a very slow day. So far, I have taken no trades and there's probably a 75 chance that this will be a no trade day. This is, of course, part of trading in a Bear market.

Trading in a Bear market means being disciplined, easing off the throttle, sitting on the sidelines, and then when you see something looks good, you hammer it, and you get green, and you make enough to tide you over for a couple of days. Now in a hot market, you're getting those types of trades not just every day, but multiple times each day. And those are times where we feast and we can do really well. We can stack up a lot of profits for those who are experienced who know what they're doing, and that also has to kind of tide you over during slower periods, which is what we're in.

Now, we're in six months right now, in to a Bear Market. Uh, or at least six months into a Bearish downtrend. the official Bear Market. Um, you know, based on being down 20 for correction.

But in any case, um, so this is where we're at right now. Overall market is, uh, coming up a bit, which is good to see it held yesterday, which honestly, I kind of thought yesterday it would probably fade like a good portion of the big move on. Friday market actually held up fairly well and it's even gapped up a little bit after hours in pre-market so that's good. Um, you know it certainly could be worse.

I don't know if we're starting to bottom out, but this could also just be another relief bounce like what we had kind of in this area. And then we get ready for another stair step lower. So the previous low was 362 and it's possible that we'll see this stair step lower we need. As you understand, probably from technical analysis to either double bottom or start stair stepping back up in order to really show that the trend is beginning to change.

And I think in order for that to happen, we're going to need to see some good earnings from a number of different companies. We're going to want to see inflation slowing down and so there's a number of things to be watching for. Uh, I think we know that. um, home prices are Home home sales contracts are coming down, which is in line with interest rates going up, so that's going to bring prices down a little bit.

so that's going to soften inflation a little bit on the housing market. Some people are going to look at it as a, you know it's not a crash in the housing market. The housing market went up like crazy in the last two years now. Interest rates are going up and prices are going to come down a little bit.

That's good, That's what we want. I mean, we. You know, short of being able to just immediately increase supply of houses on the market, which you know you can't do that immediately. It makes sense, so we'll see how things base out.

um, reminder. Tomorrow at one o'clock I'm gonna host a um, it'll be a workshop Like a study group. Um, especially for those on Youtube that want to learn about Um trading during a Bear market. So that'll be the topic.

It'll be the sort of thread through the whole workshop. how to trade through a Bear market and what will also be Um. covering will be sort of the basic of my strategy and what my focus is right now. and for the last six months, you know the last six months have been slow, but I have been green.

so I am making money in a Bear market. That's good. This is important. I'll put up my disclaimer as a reminder in case you didn't already know that trading is in fact risky.

My results are not typical, and there's no guarantee you'll find success even if you attend this study group. So, uh, you have to just approach trading cautiously. Having said that, um, I think that one of the things that's really important for um, beginning beginning traders is being able to practice in a simulator during a choppy market during a colder market. Not necessarily a full Bear Market.

but you know this is what it is That way you have trained yourself to be disciplined. You've trained yourself during a time when the market is colder and then when it starts to heat back up, you've set a really good foundation. So that's what I encourage you to do. Most people won't do it.

They won't get into the market at all. when it's cold, they'll get in when it's hot, and getting in is a very beginner trader when it's hot. I mean, aside from getting some beginners luck, you're going to be severely under capitalizing on the opportunity. I'm sure all of you right now who started a year ago are like wishing you know you had started two years ago.

So we could go back to the market of a year ago and you could be crushing it. But you know you started when it was hot and I understand. You know that's when people came in and now we've got to trade through the cold period. You'll get through it, I hope.

And then when we get to the other side, we'll have another hot streak. And that's the ebb and flow of the market. That's how it's always been. So the question is, will you get through the cold streak And will you learn enough during this period of time to be able to capitalize when things pick back up? So that's what I um, uh, that's what I am hoping that you guys can, uh, can do.

So we've got about eight minutes to the opening bell right now and I really don't have uh, much of a watch list. So let's start with the top. Well, we already talked about the S P 500 briefly. we're gonna look at Kzr.

So Kzr this one. Um, I have not traded it and so here's the here's the deal. This had a really nice squeeze at four o'clock yesterday. I mean straight up from five bucks to 13.

that's awesome. I wish I had been here when that news broke. I wish I'd traded it, but you know I I didn't Well, it pulled back, had a big topping tail at um, like five o'clock Whatever this was. and then it started to pull back here after hours, closes and it gaps down at 4am.

sells off, kind of hard, sells off more rallies back up, and you can actually visualize this as a inverted head and shoulders here. Where this down here is is the head, that's the head and that's a shoulder and another shoulder. And then these are the arms. And so as we came back up into this resistance, I was like, no, I don't think this is going to work.

The float is 50 million shares. It's easy to borrow, though. That by itself is an indicator of a stock more likely to be choppy. Could it squeeze out early short sellers? Maybe.

But what levels would really need to break? Probably. Uh, 12 36 and then 13.55 And we are well below those levels so I'm not feeling it. And you know I it did rally up here on this candle. That was a nice candle.

75 80 cents. I mean that it was, it was nice. But I said, you know what, I don't have enough confidence in it to take the risk. Had I taken the trade and made money, well, you know all all's well that ends well.

If I'd taken the trade and I'd lost on it, I would have been like, you are an idiot. Why did you get sucked in to trading a higher float stock Where the news was yesterday. It's second day continuation, but it's already lower than yesterday's high It What were you doing? What were you thinking you were? You're getting Fomo. you're again desperate.

So if I'd made money, I would have been annoyed if I lost. sorry, if I lost money, I would have been annoyed if I'd made money. You know I would have been like okay. But the problem is, you have to think about the risk side.

You have to think about the loss. and I didn't want to get myself. kind of. You know, frustrated this early in the morning.

so no trades on that. missed some opportunity. But whatever. Brds this one 75 cent stock right now.

It's just a little too cheap, but a nice move for sure. I'm happy to see that. Um, Tor T-o-u-r too cheap, as well. Agrx? this one's a dollar.

Sixty-four started to curl up here like it was gonna make a move back to two and then kind of rolled over. Um, let's see, we've got someone on um on Youtube promoting uh, the cheapest one time 18 year 18 and plus dates. Um, so you guys who are interested in that you better click quick because I am going to hide them or block them on the channel. Okay, uh, let's see.

Evfm: No Float too high priced, too low Phge too cheap We joe 60 million share float Sql? No. So I'm at the basically the end of the Gap scan. Um, and that's that's it. So you know I mean what can you do like you can't make news It it just it is.

either there or it's not. So it's not here today. That's disappointing I suppose, but it's completely out of our control so there's no reason to get that upset about it. Either way, we just have to be patient.

So there is a possibility of news at 9 30. it's not as as common. usually we see news earlier, but there's a possibility of a headline at 9 30 and there's always a possibility of news between you know, now and regular trading hours. Although typically news comes out as we know, pre-market the other thing that sometimes happens is sometimes the news comes out pre-market and nothing happens and then all of a sudden at the 9 30 opening bell the stock spikes up and you're like what's going on and then you look and you see if there is in fact news on it.

and now that it starts spiking up, traders start jumping on it and then you're like, okay, I don't know what to say. I don't know where the spike came from, but it is now moving so I guess we've got something to work with so those are kind of our two best. um, best bets for some opportunities today. But you know, like I said, no reason to kind of push it too hard.

Um, I'm gonna remember to save my layout here and save the layout. Log back in. So yeah, I would just take it easy. and for those on uh, Youtube.

in case you didn't already hear me mention it. Um, you're welcome to join me. This was by the way, Zbzt. It's a Nasdaq test stock, not a real stock.

Um, so join me tomorrow if you'd like one o'clock 1 pm eastern after morning trading, take a little lunch break. Whatever. come back one o'clock Uh, we'll I'll do a, um, a workshop. That'll be a bit of a study group.

It'll be a smaller workshop we'll talk about probably an hour and a half. two hours long. We'll talk about how to trade through a bear market um, my focus on stock selection, risk management and I'll teach you, um, sort of the setups that I'm focusing on the most right now. so you know I for what it's worth, I think you guys will enjoy it and um, you know, the people that attend it.

If you show the interest in attending it, then I'll probably give you guys some kind of special discount. If you decide you want to become a student, encourage you to keep learning, but you know, if you don't want to, that's it's it's your call, you know, do do as you'd like, but you can learn uh as always by being in the workshop and by watching the morning show and recaps and things like that and just keep studying and keep practicing. So we've got about two minutes to the opening bell here and um, let's see. So sdig let me look.

19 million Share flow. Yep, um I see it. So thanks for bringing that to my attention. Does it have news of any kind? So starter there.

for me. It's popping up. rate of change right? so then adding at 44 and then look to add a 55 and 60.. basically if I see something like that starting to pop up, I'll jump in and try to ride the momentum heading right there.

Uh, 242 and now on this. looking for a squeeze back to 250. just gonna hit it right now. Quick little trade.

Thank you for calling that to my attention. So basically I saw it popping up. you called it to my attention pops up right there. My fill was a little high.

um filled at as high actually as 58 and 49. My average was 30.. we'll watch on a dip floats 20 million shares. It's moving up the uh the scanner here volume's a little on the lighter side.

Dip trade at 31. Bought the dip 2 000 shares looking for the pop back up to 45. there's 34 on the Ask added 36. Now looking for the squeeze through 38.

back to flat on it for now. Uh bad fill filled at 27 on the exit. Lost 200 bucks. Hi that candle is 60..

So now now there's the opening bell. New order goes at 60. added at 30. now watching for the squeeze back through 50.

So looking for the move over 45 to add for a squeeze through 50.? we've got Um 37 on the Ask right now. 40. seems like there's a wall on it. I'm selling it flat.

Whatever. It's choppy. Jcsc on the scans and keep it on watch Sdig. we'll keep it on watch as well.

so got a little trade on that. I wish I hadn't added so high, but I thought maybe it would keep going. We'll keep Sdi G on watch over 250. Hi, that candle is 260.

All right. so we've got about Um, well it's We've got the open here so I've got probably I don't know an hour until 10, 30 and then that'll be. That'll be a hard stop. I don't want to overstay my welcome too much agrx coming back up a little bit.

Float You can tell the way it's trading is a little more thick swatching. Yeah, I don't know. We'll see. see it's moving up a little bit.

I'll take a starter. oh no. Fill on it. Let me try again.

Add it. at 93 small size, I want to see if it breaks through two dollars, there's 95 on the ask. Next order is Um is 201. it's not moving as quick as I thought it would Kind of jumping in mid trend.

There flat for now. high is uh 96. New order goes at two. If it can break two then pre-market high is 212.

That'll be the next level to watch. So reminders always. Trading is risky. Don't try to blindly follow me or anyone else.

Take it slow and focus on Youtube. I'll see you back here first thing tomorrow morning.