All right. Well, it's a little bit past nine here, so we've got about 22 minutes to the opening bell. All right. So as we're sitting here this morning, we have, uh, we've already had some great action and I've already crossed the daily goal and then fell back below it.

but it's not really that big of a deal. Uh, NRS San Nice. Spike Right here from 256 all the way to 483 two dollars a share. Can't complain about that.

Caught most of that move and then gave back a little profit in the churn here and gave back about 800 trying to buy this dip off V-wap which ended up breaking I I Kind of thought we might get a bottoming tail there, but it broke. So right now Nrsn is below V-wap but it's still holding up at um, you know, 40 plus percent, almost 50 on the day, which is pretty good 48 percent so we'll see how it does um as the day goes on. Right now, this is a pretty classic Bear Flag a drop and sideways consolidation some people might buy for a curl back to V web, but you've got the wind against you by taking that kind of trade. Revlon is hitting the scanners right now.

This one a number of Traders have talked about have been interested in over the last few days. I'm not really one of them I've just found it to be a little too choppy so I'm not interested in that one. Rdbx I took a small loss of 167 on this in this pop. jumped on but it pulled back so I didn't trade that one super well and the leading gappers revb at a dollar 42.

So this one is too cheap and it's not holding up super well. By the way, those tuning in on YouTube for the morning show. Thank you guys for tuning in! Uh, we'll put a link for you to watch the replay of yesterday's class on day trading in a bear market so we do have a replay available for that that you guys can check out which I think you'll enjoy. The class was terrific.

It was about two hours long Um, we start at one o'clock and we were finished by like 3 3 15. did a little Q A at the end so you could pretty much watch the bulk of the class in uh, two hours. So solid class yesterday. A good study group.

thanks for those who attended as always and for those that watched I Hope you got a lot out of it and I'll have another um uh, another topic for another study group at some point soon. I'll keep you guys posted on that. Um, but yeah. In the meantime, right now this morning, 20 minutes to the opening bell and things are, you know, aside from rev Revlon popping up here uh which I don't really want to jump on that train.

things are slowing down a little bit so I think the game plan is probably going to be to watch to see whether or not Nrsn holds up. I'm not happy that it pulled back as much as it did then we talked about. This is like, you know word for word what I said in the class yesterday. You either jump in quick on these or you miss the whole move and on Nrsn I jumped in quick and if I'd waited for the first five minute pullback, you got a five minute false.

Breakout I Mean you just it's we're not getting continuation. We're not getting sustained moves. We're getting moves, which is good. It's better than nothing, but it's they're not sustaining super well, so we've got to be able to, kind of, you know, hit a couple of these and today's you know, all things considered, a nearly five thousand dollar.

Green Day Uh, so I should probably remind you guys. In case you didn't know, my results are not typical and trading is risky and there's no guarantee you'll find success whether you learn from your trade on your own. So take it slow. but this is where I sit on the day and I'm I'm pleased with that.

It's the last day of June So we're closing up What has been a, uh, you know, uh, the sixth month of trading in a bear Market I'm in the green I haven't looked at where my P L sits uh right now, but you know, whatever, it doesn't really matter. I'll import my trades tomorrow and I'll do a June month in review. So we'll We'll do a nice little review of that. and uh, yeah.

overall Market gapping down today so overall momentum working against us a bit. Yes, certainly when we start. You know one of the nice things about trading in a Bear Market is that you can get some pretty intense relief bounces and that's what we got um, two weeks ago right there. and that's what we got last week.

right here. there's a relief bounce and it's you know, in one of the risks of trading in the bull Market is that you can get some of these bear raids where you get this sort of panic flush. you know, a couple big red candles and those can obviously be um, you know, significant, so you know right now during the bear Market the one thing we have going for us are occasionally some nice strong relief bounces, but we're not on that today. But when we start what I'm going to be looking for is the market to double bottom and for the market to begin a very clear and obvious stair stepping back up and you know that's going to take.

It's going to take some time for that pattern to form and I'm not going to expect really that that's going to happen like next week. but when we start to see it I'll you know I'll start to be aggressive and I'll start talking more about how to capitalize on a rebound, rebounding price action. Um, from Bear Market to bull market, you know the funny thing about being in a you know, a bear Market or whatever is that you can have. You know, like these periods where the Market's recovering and so like long-term investors.

you know, if you buy if you went into the market, you know, like right here you know you're still red right here. but those two of us are who are active this rebound. This whole rebound is really great for trading. So as soon as we start to base out off the low and move back up, we're in really good shape.

But you know that can take time All right. Uh, so 15 minutes to the opening bell, so no trades right now during the morning show? Um, nothing really tradable or super actionable at the moment. One of the things that I was emphasizing yesterday is how important I Think it is for you guys out there to be practicing during a Bear Market Because if you can prepare yourself during this Market If you can take this as the time that you're paying your dues, you're in the trenches. You're trading the simulator and you can find success in the simulator.

You are doing a really good job setting a strong foundation for the future because you know trading a Bear Market is more difficult than trading in a bull market and we these are cycles that we go through. So this is an opportunity during this bear Market cycle for you to spend time focusing on studying the price action. I'm seeing on Nrsn feels like a lot of selling and I'm trying to understand how there can be so much selling on this and it makes me wonder, um, when you see this type of price action, whether or not we're going to see something about, you know, selling shares on the open market or something like that? I'm not sure, but um, it just feels like there's a lot selling Now there is some absorption of those shares on the bid. There's a hidden buyer right now at four for instance, but then there's a large seller at 404.

so that you know that large seller could be trying to convince people to sell, hit the bid and fill a hidden buy order, that's at four. and then maybe when that order gets filled, the sell order will disappear and you'll get a pop back up, right? That's one way to look at it. See, did you notice how that order just kind of disappeared? It's very tricky. So these are the the games that we see played and the more you watch the more you see them happening, the better you'll get at being able to identify them and spot opportunities.

So there was an opportunity right there. I didn't trade it I I Don't usually like to trade stocks that have this type of behavior going on. uh I I Just makes me a little unsure. don't really know what's going on? Um, so I'm just gonna hold tight for now.

We need to get back over volume weight, average price. but definitely someone absorbs some shares at Four. Foreign is at 429. But as we come back up to this level, we're running into some of these resistance points descending resistance, right? I Agree with that.

Jorge Yeah, yeah, you're right. Thank you. All right. so we've got about 12 minutes of the opening bell, so we're coming up to resistance.

Foreign popped up, pulled back rpid rapid Micro Systems Biosystems third leading Gap are at 36 percent gain. A little hard to tell pre-market high is 449. that's when you got that pop from 320 up to there been kind of curling as it's coming back up. It is on short sale restriction but it is easy to borrow Kind of a Funny combination there.

Hmm aspn up 33 percent pulling back 50 Cent Stock foreign. watching the level two on it, dip it 58. watch through 68 and 78. So I do a starter and then I can add over 68.

Thank you Green on the tape. Not moving flat. 38 dollar Winner Should move faster than that acquisition offer, but not accepted. Interesting.

So five dollars a share? Well, 38 dollars? It's fine. so you see that dip back down there to 395. So this is resistance at the volume weight, average price rolling over, pulling back so we know that this is probably out of play. it tried to break V web couldn't do it.

it's below it. So with eight minutes the opening bell I Think the game plan this morning will be to watch scanners and see if anything starts to hold up. Maybe we'll see some action. We've already gotten some action today that maybe that's the best we get.

Maybe we get a little bit more we'll see. So that's the game plan right now. I'm gonna manage risk, keep it tight. try to keep the 4800 as much as of of it as I can in my pocket.

but if we do see some good opportunities I can try to take a couple more trades. All right. So that's the game plan. Reminder is always for those tuning in on Facebook and YouTube that trading is risky.

most beginner Traders lose money. so manage your risk and trade cautiously and I'll see you guys back here tomorrow morning. We'll finish off the week with the Morning Show starting around 9, 9, 15. Thank you.