Newsbeat Show #375 Earnings Analysis: MSFT, CRWD, SKX

Newsbeat Show #375 Earnings Analysis: MSFT, CRWD, SKX



hello YouTube how are you doing today we're gonna start this show well first I love you youtubers that's why this is started like this do you guys have mine first alright now we go to Facebook alright we're good on Facebook hello YouTube we're good on Facebook hello Facebook we're good we're good ladies and gentlemen earnings analysis Microsoft CrowdStrike Skechers my thoughts on all of them where they could move where the levels at and psychological help for your trading I am mark Melnick and this is the news beat show good evening ladies and gentlemen welcome to the news feature I'm gonna try to move things add a little bit of a quicker pace so I could get you guys as much value crammed in as possible let me know in the comments section if you like this quicker pace by watching the news feature you are holding me Marc Melnick and t3 live harmless are not responsible for anything said on this show if you do not agree to that leave if you do agree to that you don't have to do anything just keep watching because you are agreeing to those terms by continuing to watch this video okay ladies and gentlemen let's just get right into it right now we're gonna go ahead and we're just gonna pop off Microsoft up big you know it's funny people when you ask them not many probably as a traitor you know but go up to the normal person and say you know what the most valuable company in the world is people be like I don't know Google Amazon Apple but almost nobody would say Microsoft you find that funny Microsoft is by far the most valuable company in the world right now it should me it might even get to like 1.1 trillion that exact key hundred billion dollar level more than a trillion that would be the first time that has ever happened for a company let's go right into the earnings right now awesome dollar 37 beats the dollar twenty one expected right out of the park destroyed analytic consensus 33 point seven billion ahead of the 32 point seven seven billion boom made a billion dollars more than you guys thought we would make productivity processes revenue up 11 billion dollars right now more personal computing revenue eleven point three billion CEO says commitment and customers leading to larger cloud deals this is why I said iBM is going to be like a fourth or fifth player in this cloud space world they're getting commitment for deeper larger cloud deals people think of Amazon as being the number one cloud in the world maybe they are the truth is I haven't seen how much cloud revenue each of these companies make or the deals that they have in the network that will make them the biggest or who has the most customers but I will say right now this company is rocking and any time you use the word see these are the following two words that have the most sex appeal today for a tech company like Microsoft the sex appeal for that is the word cloud revenues cloud computing anything with that competes with in with Microsoft cloud or Amazon Web Services etc that is where all the money is right now for these companies just like when a Verizon or another company reports I want to see the word 5g because you already know that's gonna be the wave of the future Microsoft is saying every single thing they need right at the moment they're saying every single thing that they need to say they're expecting double-digit revenue growth in fiscal year 2020 they are on the upswing CEO says growing CEO seeing growing momentum across every layer of its stack I wish I had more hands so I could give this Microsoft 3 thumbs up all-time highs pre market all-time highs 140 20 all-time highs prior to this gap up 139 59 Microsoft is trading right deservedly at all-time highs phenomenal phenomenal phenomenal stuff but one must note that there is this Bollinger Band over here and it's going to set up some resistance overhead however even algorithmic resistance right now a Microsoft it definitely has the volume to break this level that's the whole point of earnings I'll have more volume today than at least out of top for volume this year usually on earnings 139 94 so if you hit one the the way the robots are gonna work on this one the psychology of the robots is if this thing happens within the first 45 minutes meaning you're going through 140 in the first 45 minutes even in the post market now even in the after-hours right now if this thing goes through 140 this thing is gonna really move you could see the stock just after hours right now beautiful bull flag formation on the 5 minute after hours right now you do have some triggers 139 84 is a triple 5-minute top right now denoting these 635 632 635 632 640 you see that and right over here between 7:15 and 7:20 p.m. after I was 139 84 that will be your breakout of Microsoft right now at the moment so with that being said awesome earnings loved everything about them totally rocked totally deserve this gap up if I had four hands I'd give them four thumbs up how's that moving down along we're gonna get into a recent IPO a recent IPO CrowdStrike they actually IP owed on June 12th think about that they're like I'm five weeks old people don't really know what they what should happen the stock was remaining bullish all along right into the earnings let's go ahead and talk about them at the moment a loss of 47 cents that's in line with the loss of 47 sons expected I tend to be a lot more forgiving for brand-new software companies to come out there to have negative earnings in the beginning I totally respect that this is not a food chain people some people get they see that negative earnings and immediately they get turned off let me tell you why that's a mistake with a software company this is not a company that was selling you burgers on the side making money on their burgers like a McDonald's before the IPO de Burger King and nobody knew if they duplicated their brand that everybody would want cheap hamburgers in America what a shocker and then McDonald's blew out this software company you have to understand it is literally this app this CrowdStrike is literally five weeks old five weeks old so they have the right to lose money and not get the the hammer being over it what they need to do in order to have good earnings is to show signs of revenue growth let's take a look at what they reported ninety six point oh seven million that is slightly ahead of the ninety five point six 7 million expected they see their fiscal year twenty four next year a loss of seventy two cents to a loss of seventy cents however believe it or not that outlook did indeed beat the estimates they also announced let's see their revenue four hundred and thirty point two million versus the four hundred thirty six point four million expected that's ahead of the four hundred and eight point O three million that is what I want to see I want to see them say yet we're getting you know nine percent more ten percent more revenue by next year and this is exactly what you want to see I think it's bullish I'm giving this one two thumbs up as well $79 79 taking a look at it after hours at the moment I could start doing simple algorithmic trend lines here to just simply find key algorithmic support you have a support line right here eighty-three twenty nine you have another support on the 5-minute eighty to ninety seven again I don't know if they will or will not pull this name back definitely something to watch though for tomorrow morning that's when I'm taking a look to see if I'm gonna make a trade in it moving on the list is my favorite shoe company you guys think I'm like kidding when I tell you this is like my favorite shoe company like Skechers are the most comfortable shoes ever like I have a pair of gray Skechers on right now it's crazy I'm wearing I'm literally wearing Skechers as I speak they are the most comfortable and I have one of those big goofy 13 sighs that's like a little too wide for like Reebok sneakers or other sneakers so I just like I wear Nike I could wear you know I could wear anything but I'm most comfortable in my Skechers for my interesting foot size I'm not comfortable in everything with that being said my favorite shoe company let's just go right ahead take a look at what's happening after hours in the name right now and you see very beautiful bull flag on the five-minute company gapping up let's see if they are deserving of this gap up here tonight forty-nine cents ahead of the 34 cents expected one point two six billion that beats the one point two two billion expected they reported same store sales up four point nine percent almost 5% from same store sales you know what that means why that's important for Skechers because fetchers has a physical presence Skechers isn't Amazon yes they do deliver stuff like every other Internet company on the planet but they have storefronts multitude of storefronts so with these storefronts the reason why same store sales are so important for our company like that could be located in your shopping mall or in an outlet somewhere have those outlets all over New Jersey they don't have to do anything to just see five percent more sales they're just sitting there people are just walking in that is organic that is natural growth the sketcher is near me actually left the mall not to go to the outlets they used to have this huge gumball machine like the size of the the refrigerator from yesterday like this huge gumball machine like bigger than you and you put in a corner and the gumball would go all the way twisting down and look cool love this store maybe that is drawing people and maybe people are just attracted to buying bubblegum from old school huge oversized gumball machines 65 to 70 cents of shares what they're saying they're going to make next quarter that is ahead of this consensus of 65 basically sketches came out say and said Wall Street we're gonna at least meet what you're saying probably beat so they guided above 1.3 to 5 billion to 1.35 billion that's ahead of the consensus 1.3 1 billion now you might look at that and say well mark what is really the big deal here you're speaking 15 to 40 million dollars that is a big deal for Skechers 15 to 40 million dollars in a quarter ahead of estimates is indeed a big deal for a company like Skechers it shows that they're making more money they're having more people stop by their stores this news is awesome again 3 thumbs up for thumbs up you know maybe it's like you remember on South Park the Christmas poo that poo would also give it a thumbs up and all kidding aside all these earnings were just absolutely phenomenal let's go ahead and talk about the levels right here in sketches right now after hours you can see up big beautiful breakout right there you're gonna start because that lines engulfing right now you have a 5 minute support a 3907 just a minor five minute support again I will be looking to trade it in the morning I just thought and let me know if you guys liked it or let me know how many of you guys trade after hours I don't trade after hours I'm running a show right now and let me know if you guys like these after our crawls where I analyze it with after our charts you know let me know if that adds value to what you do especially considering that trading is going to be active for another 13 minutes again I don't trade during this time right now but that doesn't mean I'm everybody maybe you do maybe you like hearing these things and whatnot all three earnings were great now if you like that we're gonna share with you our robotic levels tomorrow followed by an important story that can improve your trading and we're gonna have little I don't know motivational stories with will talk about the morale behind it I think traders always whether you're up whether you're down whether you're all around everybody needs a constant pick-me-up or whether it's faith based belief based motivational based psychological base it doesn't matter whatever you are those things can all actually help you succeed in the market it's just a matter of how you want to apply them so stay tuned for that if you don't want to stay tuned for that and you just want the levels you know no problemo yet problem no problem go ahead here are tomorrow's levels today these levels don't always hit but when they do I tend to have an easy time making money by buying through support and shorting through resistance or buying options calls and putts either way both works for me so there you go all right let's talk a little about a motivational story and I think all these stories like every story that you give has to have what's the word see drink smoothies a marvel in which you could apply to trading now what is the importance of doing this this is not for your entertainment I'm not here to entertain you I'm here to make you at the end of this thing go aha that makes so much sense I think this is gonna help me what traders don't realize is that traders who even make money need cleansing of psychological toxicity the way you cleanse psychological toxicity I have spent at least half my career at least 10 years as an active intraday trader with ten years experience at that point right like you know doing it for 20 years the halfway point is 10 in 10 so really once 2010 hit I started noticing a lot of this psychological toxicity building up and it's from years and years of trading since 1999 actually in 2010 that's actually 11 years it's it's about the halfway point and you know I've been thinking of ways to relieve your psychological toxicity the biggest mistake that profitable traders do is they do not feel they need psychological toxicity cleansing they just want to sorta shut everything out they'll actually go down a different path the whole point of these episodes is to not make you like me not make you dislike me despite this video having probably 5 to 10 thumbs down before it even began they even thumbs down when I was doing a cancer donation watch for somebody in her room who's biking for cancer the less video we did or the video before I think the video before has a link to that like these are the traders who are stuck with psychological toxicity and if anybody knows him just privately reach out to them and simply say you have to watch this section of the video for your own good just like the guy who I forgave yesterday for dropping a poop behind my refrigerator and actually sealing it off while trying to scam me for false repair that guy did me a favor there was a silver lining behind if you did not hear what the silver lining is go watch the last news be video I don't want to talk about that today you have to understand what this is for because if I do not tell you what this is for it's not going to help you the human mind when understanding a situation will build quicker neurological connections to actually address the situation the fact that I'm actually telling you what I'm trying to do actually enhances it literally if you want similarly not literally similarly through a placebo effect because you know what to expect you're being told something ahead of time and it's actually benefitting the results there is proof that if you tell people the drugs that they are taking what it's supposed to do how it works what did you do for your body they have found higher success rates that's why they do the double-blind study where they say double-blind if people know half people are taking the drug half the placebo but they don't tell they're looking for statistical differentials I am helping you cure your cycle your psychology faster by saying this all right there's once there's once this couple Brooklyn couple where I'm from who are married there they were middle aged and one day the husband after a long debate in his mind concluded that his wife cannot hear so well as in as she could when she was younger per se so he thought she would need a hearing aid so he literally goes out gets this woman a hearing aid not sure how to dress the problem requested help from the family doctor with we discussed the problem the doctor advised him to take a simple test to his wife in order to make a clearer idea of the so-called hearing problems that I don't know let's make up a name that she had this is what you have to do said the doctor it's very simple stay about 10 feet away from her as if you have a normal conversation and speak to her tell her something and see if she hears if you don't receive response simply move two feet closer that's so that's eight feet and then you'll move six feet and four feet if she doesn't hear and you just keep walking until she actually gets an answer so he'll know how well she can hear in the evening the husband positioned himself near the kitchen where the distance from his wife was about ten feet away and a typical mark Melnik question would be like honey what's for dinner but he received no response Oh husband remember what the doctor sent you you know hey I'll walk a couple feet closer then ask her again he's eight feet away from his wife Esther again honey what's for dinner no answer honey what's for dinner moved six feet close way 6 feet away 4 feet away 2 feet away again no response so he went near her and behind her here said with the same tone honey what's for dinner you know Chee said she said Jim for the fifth time I said we baked chicken now I'm gonna tell you the moral the story and how it's gonna help your training by building the bridge between sometimes the problem in the market might not be with others as we want to believe it is possible to be inside of us for which reason it is better before you find the problem and others to try to identify it within yourself and there are a lot of traders out there who refuse to confront the issues they have as a trader for the people who were in my Sunday course I mean how did you guys like it it basically builds you across this field and literally teaches you how to discover it and within yourself I find it easy for people to come out and say you know you whoever's listening on the other side myself included we all have as traders whether we agree with it whether we address it or not the people who relieve psychological toxicity the best are the people who are going to stay the sharpest the people who look within themselves to find their own strengths and weaknesses those are going to be the traders who further succeed you see the point of is in trading I find it you know funny and ironic right now that at this point in the market people think they could just throw a chart set up but they set up that set up on you to help you make money I mean our job as broadcasters I feel should have evolved to the point where you have to do things like this like just using an example today in the room was right over here so right over here I see the queues shooting up 72 73 74 75 cents and right over here today a 3:05 p.m. they ignore all the lines and everything just look at the candlesticks right over here I come out and I say guys the market opted out I was on the phone call trying to help somebody with their trading I still make calls I haven't forgotten about you guys so I'm sitting there on the phone and I actually want to do something really cool I want I want to set something up where traders are gonna be able to call in with their problems and actually let other people hear it the importance of listening to other people's problems is they could go through something they could say they have a problem with abcdefg and I guarantee you'll look at yourself and be like oh my god I had that problem too and I didn't even know the whole point is it helps people in large groups because even though you're all in unique situations there are crossovers of similar problems that many people have and ways to address them on the show could be vital for your success I'm not saying that I would ever even shy away from the individual one-on-one calls but if agreed upon by you guys I would actually whether you wanted your name to remain anonymous or not just as long as it's a real conversation I would be able to address your problems in a real-time manner I would be able to give you real solutions in a real-time manner I would be able to talk to you as if I were not only a friend but somebody who knew what on earth they were speaking about when they speak to you know what they're speaking about when they address the problems that you have considering all the problems I've addressed over my career you know it's it's funny I keep people for life with me I keep traitors for life with me I have groups of traitors inside myself yeah those are my kids I have groups of people inside my cell phone and they were at t3 with me back in 2007 and I still have their cell phone with me today 12 years most of them aren't Raiders anymore I think maybe one of them is a traitor from I mean hundreds of people maybe one maybe two in terms of active at least not in terms of involved in the market to some capacity the point is there is a way to look upon yourself and know your strengths and know your weaknesses the the hardest thing for some traders to do in this market is take a loss the hardest thing for our traders to do in this market is hold on to a winner sometimes it pays to do neither sometimes you have to hold the small winner or you do decide to hold a small winner the traders who are looking for the quicker moves and trying to build up an account it's kind of funny it's sort of like a build-out load and someone you know asked me mark what would you do with a $10,000 account if you are for example a proprietary trader and here I'm going to give some props to the proprietary traders out there so I told them what I would do and the person comes back to me and the person is a successful proprietary trader he is a successful proprietary trader he had $5,000 they gave him a hundred thousand dollars in buying power and he's making six figures a year and I asked them what did you do it's like mark all these conviction one and Duns all I do is put in a buy stop at day highs throw the offer out 10 20 30 40 50 cents higher depending on the name if it's a larger name towards the higher end if it's a smaller name towards the lower end and I just scalped and I just kept scalping and scalping and he said he has like two hundred and ninety dollars in fees every month I'm sitting there like five thousand dollars two hundred ninety dollars in fees most people I mean mathematically that that's a destructive factor the person has to put that buying power to use if they're going to maintain a prop trader period you can't prove me wrong that you would prove me wrong by show me the one trader out of a thousand that is like taking small swing positions and just nailing them back-to-back in a trend like market I mean yeah you'll get that trader but most people with with the whole structure of the fees and the commissions and everything they can't do it so one trader actually was like you know what I am going to just scalp your one-and-done your high-fives your mark fives and he's doing it and he doesn't even care he's like I'm so unemotional like I buy it if it goes up right away I'm out if it goes down right away I'm out like that I buy it and I'm out and that's all he was doing to build up his capital he got his capital from 5,000 to 12,000 in the first month doing that 5,000 to 12,000 making quick three hundred dollars here five hundred dollars here three hundred dollars here seven hundred dollars here thousand dollars here he had a few few thousand dollar days these sort of things while unique definitely has the right mentality so if you're a proper trait or even if you're not a prop trader this is especially good for prop traders because prop traders don't have the options that people personal accounts do you do not have the luxury of time and unfortunately it creates a hyper toxic situation between the firm and the prop trader because if the market slows down like they always do historically speaking for the most part not always 100% but most July's in August's suck for the last 20 years I think I remember maybe two that we're good in my career too we're probably 2008 what comes to mind maybe 2000 as well but that's it like yeah you would make money in those months but everything would slow down the moves would be shorter the volume would be dried up there are always things happening that you know does that to volume the ultimate point of all this is as a prop trader you need to use your buying power as a trader like me I could sit there all day and just doesn't matter you are in a psychologically disadvantaged dis advantageous situation simply because you do not have time if you if you're like $5,000 in a prop account for example by the way I'm not licensed I don't have a proper count but I used to be licensed a long time long long long long long long long time ago and I had a prop account and you have to use the buying power otherwise you're screwed you better become a scalper otherwise good luck if you want to be that person swinging positions with $5,000 up front now look some people might come and they might poke three four or five hundred grand down on a prop account and it's like okay well whatever get all the leverage you need you want five ten million dollars you know do your thing and whatever like that that's a prop account like that but if you're on the opposite side of that spectrum and you're like a thousand 2,000 3,000 4,000 you don't have the power of time by your side so what I am Telling You is what someone is doing in this market right now wink wink I'll give you one guess which room he's in and he just follows our plays and he's simply just hyper scalps him he just hyper scouts him he uses light speed he uses fusion these are very popular platforms you could literally set set stop orders to buy or sell something you could literally set stop orders on that software the buy stop so if there's a fifty dollar stock and the trigger is fifty dollars in nine cents you could just literally put in a buy stop order at 5009 goes up shoots through maybe you get slippage maybe get filled that $50 12 cents 13 whatever it is maybe 5009 whatever it is what this trader is telling me that he is up money usually almost immediately to the point where if he just wants to be modest he could be modest and he literally just jumps in the shares throws out throws away the shares has to go up right away has to sell out right away and he is done he just literally throws up a limit order he said he started doing it with seven cent gains I'm like really he's like yeah then I went up to eight then nine and ten and now he stays at ten with the tighter names and goes up to 50 on the loser names so he'll buy a Tesla and he'll just throw an offer 50 cents higher and he's out and he doesn't even care doesn't care if it runs five points he's happy he's happy threw it away if it falls down he's just done he's just disconnected and that's it he just boom I mean alright I've made I lost fine next and he's doing that on the news beat named successfully and the reason I tell you this is because it's the story of a prop trader following us who turned a little into a law and I'm literally telling you how we did it one in Dunn's mark fives high fives all taught through the news beep and of course things we look for every day and if you're able to apply these things you will be consistently profitable you're not gonna make money a hundred percent of the time but I've seen enough people here batting seventy plus they're taking the quick wins the quick losses and doesn't care they know what they're trying to do their only goal they tell me is to just I need to build the bank I need to build the bankroll that's it he's like I've never received the paycheck he tells me he says I've never received the paycheck and that is probably the most common thing that every prop trader has ever told me I believe I could reverse that I believe that I could come to you ask you what firm you work for and ask you what color the cheque is and you could answer me when you do a check request really how many of you are proper aiders but you've never seen the cheque of your firm not because you wire the money but is you've never gotten a check because your account balance is negative I want to save you I wanna at least give you a chance to look at the market in a much different more modest less connected less predictive approach just simple stupid easy quick locking the money you'll miss the big moves you'll miss the big losses scalp it works it works so I always said to myself if I'm going to be part of a prop firm if a prop firm is going to whatever put me on board as a manager or a director of sorts I would that's how I would run the firm I would literally customize strategies for each individual they would all take the news beep and of course I would show them exactly what to do to make money and I would become wealthy beyond belief because they would just be sitting there scalping scalping scalping I get paid for then for the money on the shares they trade they are beyond happy because they are making consistent money working very little dreaming to living the dream that's what a win-win is that's called a win-win situation I don't want you as a prop trader to be the loss in that situation I want you to be the winner in that situation because you do not have the luxury of time and that's something I never talked about that I wish I did because I'm not a prop trader but I did prop trade once in my life and more than once but from like through everything that I've gone through I realized that I was trading all the time I was trading like non-stop buying selling buying you know have to look to squeeze to make the money what I'm telling you now in an algorithmically dominant environment it's so easy to predict silly things it's so easy to predict silly things if you're if that's the trader that you are a perfect example is Netflix the person was like mark I know Netflix is gonna have a lot of volume today I'm just going to buyer if it's green I'm gonna buy through the high if it's red I'm gonna buy oops let me move my face over here it's like if it's this is a 1-minute chart if it's green I'm gonna buy through the high if it's red I'm gonna buy through the low he's like I use your setup and you know I I teach people how to design a long time ago how to design your keyboards when scalping stocks on some of these software's so you could be as quick as possible not lose money he's like I use your layout it's an old-school layout that I used back in 99 phenomenal how effective it is he's like and if the bar is green I go long and if it's red I go short and the dude is making money and he's up to five hundred thousand dollars he doesn't trade options just come in stock this bar shot up here and you know what he told me did and this is gonna help you guys your prop traders so much check it out you know what he did he had his he's when he hits his buy stop and it lets him shift up the price up or shift the price down in order to put that buy stop through he shifts the price up or down and what happened is what he says is as the first candle is moving if I see it up going up I click buy stop and I'm putting in the price as it's going up so as it was going up to 326 he's literally in real-time in the first 60 seconds putting where his buy stop order is so when that hits it's ready to go stock closes right here at 325 70 he's right near 360 puts his order in at 360 to buy through 360 dollars in Netflix stock excuse me I said 360 I'm sorry 326 dollars in Netflix right here puts his buy stop right through 326 stock next bar on the one-minute opens up at 3/4 2569 shoots through 326 goes right to $329 that trade is over he said he made a dollar 50 on it he said he made a dollar 50 on it that was it 500 shares 750 bucks he called it a day he literally shut down his entire system at 9:32 a.m. and he works at one of your firms and maybe one of you guys might see somebody sitting next to you and they come in early in the morning or whatever by nine o'clock or whatever it is they sit at their desk 9:30 to 9:30 three hits and they are out the door they are logging off picking up their jacket and you're looking over at him or her and you're saying who on earth is that trader do they not take this job seriously and little do you know that that trader is a successful prop trader coming in for what they needed to do in the office and nothing more and that is some that I learned today on some of these earnings names is if you're going to and I and we can actually go over some others I didn't actually go through them yet well let's take a look at eBay – eBay close near the high end here all you would have to do is buy for the first break of this bar that's it doesn't it sounds stupid but let's say you were to do that said the high end this bar closed that 4105 the high was 4112 it is technically red but you're not really caring at that point because the stop is 40 50 or whatever but he doesn't have a stop of 40 50 he doesn't he's just trying to catch 10 15 cents here he doesn't care stock goes through 41 12 shoots up you're done IBM here's the first one minute bar top is 140 371 breaks through to 143 87 but the thing is you opened up at 140 310 at the worst point of this bar you would have been down 16 cents right over here on this pullback before having the stock shoot up even higher this is what a one-and-done long would it look like on IBM today you don't have to make a lot of money double-a here's what an Alcoa one-minute one-and-done look like today UNH these are all earnings names this is what a one-and-done short looked like on UNH today Morgan Stanley hmm this is the one-minute bar of Morgan Stanley you could buy for the first break honestly it's ugly I'd probably ignore it but if you did it this is the bar you caught on the one-minute how beautiful is that 29 cents on Morgan Stanley and it went through the hole number 44 your $44 calls there which you would have inevitably bought would have exploded common stock easy trade easy money Novartis hears Novartis also reported think they reported right 94 81 one-and-done short who cares maybe he made 5 cents 10 cents maybe you held it for a few minutes and made a lot more maybe maybe that person was you maybe you didn't make that much maybe only made a dime my point is who cares there was no pain here's Carmack's now this one this one was an upgrade that we are watching on earnings this one actually was in earnings by 387 53 one to 87 74 but you already knew something was weird when it hesitated here and that was it yeah that's that wasn't an earnings name so that one actually doesn't kill actually I don't think Novartis was earnings – was it we just double check yeah Novartis was earning spot Carmack's wasn't so what I'm saying is look what am I trying to say in English here what I would look to do tomorrow is the following you have Microsoft if you are on drugs and you want to trade the psychotic name which can move a lot of points Intuitive Surgical there's e trade there's Skechers Skechers moves this capital one financial there's tons of names here simply go to earnings whispers calm both plural words one word earnings whispers one word that is one word one word is in part of the title calm okay free earnings whispers all right so you would look at these names tomorrow morning you have Cliff's reporting that's easily scalpel you have Kansas City southern railroad company Blackrock American Express what I'm telling you is you might not know which one of these names move the best but I'm telling you if you pick one with a lot of volume you will likely get that explosion a lot of volume is gonna be easy to find I could even tell you what's gonna have a lot of volume American Express will have a lot of volume Cleveland cliffs will have a ton of volume Microsoft will have a ton of volume CrowdStrike will have a ton of volume most earnings names have a ton of volume inmate maybe you don't pick the right one but that's the toxicity if you think that what do you mean the right one they almost always work if you're modest with your expectations the real question comes down to this if you were to come if I came to you right now and said you have to dedicate to me the first two to three minutes of your day and you will probably make profit eighty-five ninety percent of the time if you execute on what I'm saying to you properly would you do that without second question would your question be how much can I make how much no what if I told you you owe me those minutes those minutes are mine but you get paid for them would you agree to that would you be happy right now making 10 cents 20 cents on a name tomorrow in the morning for the first 2 3 minutes you would do it in a heartbeat Amy I would do it in a heartbeat too I hope you guys enjoyed the news beat live trading broadcast and I hope you guys enjoyed the news beat show not the news beat live trading broadcasts because I'm going back to the news beat live trading broadcasts that's why I said it because we're gonna talk about technical analysis and algorithmic analysis if you liked this show leave a thumbs up if you're watching on the news beat live trading broadcasts hold on because I'll be right there and we'll see you guys tomorrow also on the news beat live trading broadcast have a wonderful evening