 All right, sever trader is welcome on back here this Tuesday afternoon I had to make sure I recited Tuesday not Monday tripping myself over here So Tuesday this Tuesday December 27th Hope everybody had a great Christmas weekend at least for all of us in social media great to see Mark and Jeff Just joining us back though and Chuck and all of us inside the side group trading room Revena and Norman as well and Ron great to see everyone here So, you know folks there's always a lot to talk about in these meetings, right? And good or bad up or down and of course in between right now The spy is just dragging back down right now So it looks like we might have a short close meaning an afternoon where we follow the market down Take some short trades a couple of stocks coming into today off of bad news of the road So we'll check out Neo check out Southwest Airlines my traders dyslexia is gonna trip myself up between Southwest Airlines LUV and Las Vegas Sands LBS I'm gonna hear that but for right now HTGM on the screen to begin it ended up making a beautiful pop after the market had opened up But if you take one look at the daily chart, you know, what's gonna happen next this thing is a pop and drop stock You know, it's the highest level here back in July ended up making this big push up from five up to 24 Right back down in a much shorter Concentrated time frame here back from you know, December 11th December 12th had a huge pop and run up for us back then Hey, it's like we always say if the stock can make a fraction of the type of run that it made for us historically That's a home run So I'd say that 49% on the day is still a pretty solid run at this point now I mean for a long time actually this afternoon it broke over five I was watching this on a coach and called one of our longtime students Glenn and I was saying to him Like I'll say it to you folks right now. I mean, we're coming off traders talk our weekly workshop where we were discussing it But you know, nothing really good happens after 11 30 in the morning. Nothing really good happens after 12 p.m Noon time, you know, you ever you know here say to your kids like oh, nothing good happens after midnight Yeah, well, nothing good happens here in the stock market or at least much more often than not Nothing good really happens after 12 p.m So, you know, this HTGM tried to continue but myself and Glenn we sat on our hands as it retested five We're very thankful that we did and just now heading into this meeting this thing just made a huge shake back down towards 450 so, you know, listen, I'm not too thrilled about this stock right now for the afternoon I'm not gonna put this on our list to begin Maybe I'll come back to it at the tail end if it ends up making another freak freak pop back up But I'll tell you we had a couple a couple of good shorts going right into this meeting No expected expectably so why Southwest Airlines, I was gonna say Las Vegas LUV Southwest Airlines with all of their flight cancellations from from yesterday and from this weekend alone I think yesterday there was like 69% of Their their total flights that were canceled crazy. I was looking on Twitter. I thought it was like one airport That was it like I was an airport issue. You look everywhere all across the the US and then elsewhere There's just major issues with Southwest Airlines and their lack of You know lack of you know people to fly planes pilots and all that so they ended up canceling everything You would have expected this to make a much better drop off from the morning though And that was our talking point in our traders talk workshop. I'm not in this right now Although I really wish I Re-looked at this it was right off of this exact line here 3435 I ended up jumping in right here They got stopped out very quick took a 4 cent 5 cent loss But on the next time of it breaking below that level led to a much better drop off I called it out from 34 for all this inside live trading room just earlier So even from missing it from 34 35 here There's still plenty of opportunity from the 34 level now the things at the low of the day It looks like a really good short now. It didn't really look that great in pre-market So with that we'll put LUV on our watch list now the stock I've been hawking from top to bottom from market open to right now It's not looking too great right now folks the neo I mean, it's been a fantastic short all from the morning up until right now But I was saying this in traders talk earlier, right? I am nothing good happens after 1130 nothing good happens after 12 o'clock Eastern time I was directly telling you folks do not short this thing. Don't let the jump in it's the day after it's the trading day after Christmas You're not expecting a whole lot of you know Volatility altogether and when the markets are flat granted if it drops It's possible for neo to continue its drop-off and for it to be pretty weak But you know now is a better time to look for that even with it inching up right now Because now we have the final hour of the day final hour and a half That's where we're expecting at least the bigger and better move. I'm not fully You know jumpy to throw this on our watch list for right now because there could be better trades There could be better shorts or better longs either way, you know right now This looks kind of flat So do I really want to subject Michael or Grant or Ron or anyone else that did not make money on this trade earlier? To jump in on this now when it's moving super slow This is not gonna make us our days pay right now Or at least I'm not led to believe it will if this could break down to 10 bucks again if you could retest 10 That's a different story, but you know for right now We'll kind of see what else is out there across the gainers and losers side here folks All right, gotta just get my scan here kind of straightened out, but we'll be good to go in a second All right. Honestly LJ Aq try saying that three times fast I actually wasn't gonna click on this just saying you're just seeing it was trading less than 200,000 shares total But I just want to take a look just for fun, you know This thing is making a ridiculously low volume pump like 340% pump up came back down and then spiking back up here towards 30 again You know, I say it pretty pretty bluntly folks if you want to play Powerball if you want to play mega millions You want to go to Vegas roll the dice play some blackjack be my guest? But don't do that here. That is not what we're accomplishing here So for right now, we'll skip over that LJ aq But on the flip side, I mean hey We had this on our on our pre-market list on our morning watch list the AT&F Hey, not everything works out in our favor So, you know with this this end up actually making a couple of good trades namely off of two bucks Then off of 213 in the line that you see there, but lower highs if it's not gonna make that big move that you want It's gonna make a big move guarantee it So, you know, this just recently ended up trying to break over 213 one more time When it pulls right back below your entry level like very quickly if not instantaneously That's a red flag and again if it's not making that big move that you're looking for Very likely it's gonna make a big move just the opposite direction So unfortunately, this didn't really look to continue dump back down But um, you know, we got to learn to fold them, right? We got to learn to get out of these ahead of time just like before an HTGM off of five I didn't take this trade at least but if you jumped in over five and it pulls right back below your level I think it's easy to say now with this dropping off about 38 to 40 plus cents lower But is it worth holding on to this if you jump in over five? right So let's see what else is out there land V this thing had a big pop early after the open But we didn't really focus on it much after a kind of pop and drop move I am already how about this blast from the past actually so so far is well Friday last week, right? So this was actually on our pre-market list on Friday ended up making for more of a dud type of move You know lower highs kind of similar to the AT&F where this ended up just completely breaking down off this pennant But right now this thing has made a pretty surprising run back up It hasn't broken above Friday's high at least but you know, it's showing great direction right now It's hard to ignore this stock The reason I would ignore it if anything it's not because the chart this order book is like paper thin It's very thinly spread out. So you got to be really careful on this trade folks I'll put this on our list for right now if we build up a better list and come back to this and it's dumping back down We'll take it off Revena says ape is flat. It's been flat this whole day. We really focus on ape after like 10 30 or 10 o'clock T-R-K-A I guess for a cheapy this thing is really cooking below a dollar though, right? We're not gonna really focus on these stocks that are below a dollar Even if they are NASDAQ national stocks or AMEX or NYSE, you know, normally these stocks don't look to concisely move PRQ are hey this end up making a big move for us back on Thursday last week a bit of a pop and drop you could say as well But now breaking above that high running up really well across the intraday, you know Just seems to be stuck stuck right around the 320 ish actually that 15,000 share iceberg You could see here on the ask of my level three right off a 325 So in terms of showing strength near the highs and a big iceberg level to focus on This actually looks pretty decent PRQ are Respect the trend folks do not look to counter trend this right now You're gonna get your account ripped apart. Do not look to counter trend this Let's respect this trend first and then we'll see what happens if it false breaks above the 325. All right Just because it's shortable Doesn't mean it's gonna be a good short All right, what else we got here later saying each UI a parking is it going anywhere certainly looks like it Chinese stock and China stocks were really bullish this morning outside of Neo Yin China ETF it gapped up pretty nicely. It's still up 12 and a half percent today. That's pretty pretty damn impressive FXI That's one's up 4.2% another well-known large cap Chinese ETF So, you know, I'm just using this to kind of gauge the China market all together You know IQ and each UI a tend to move pretty similarly However, each UI a looks like a lot better of a play right now. So good call later for this one each UI a for sure She follows up by saying most gainers list stocks are below a dollar. Yeah, I see that there's a lot to kind of weed through here Gotta be careful. So I want to see what else is out there. Hey, how about this speaking of Chinese stocks MLCO Macau gaming company Ended up making a pretty strong move up in the morning. I completely forgot about this stock I'm not making a strong move came close towards the highs back from a couple weeks ago So definitely one I'm personally gonna write down for my side list not for this afternoon It doesn't look good right now, but tomorrow morning check it out tomorrow morning the stock. See what it's up to Yeah, you don't want to be stuck watching the grass grow on a ball day Same a CD E Billy after the morning run this had very flat right now You know Billy's you know a mainstay at least on our side list here But let's see what else we got here on the loser side folks Before I do let me just jump to FTCH far-fetched a stack that we are kind of familiar with off of news So that's why I wanted to just click on this pretty quickly before jumping to the loser side and I'll tell you with that It doesn't look terrible. I mean it's relatively slow, but it's right near the highs, right? Kind of like that each you YA in essence So, you know for right now it doesn't hurt us to put far-fetched on our watch list here It's gonna be more of a slow mover though if anything All right, so with that let's hop over to the loser side here seeing if there's anything looking just as good Whole bunch of crap. That's hard to borrow or too cheap too cheap or hard to borrow either or so I kind of just gloss over all of these and kind of start off on nn o x Looks pretty good to me. I mean geez this thing is dropping off quite steadily as this breaking all-time lows Kind of looks like it Whoa, look at that nice way to close out the day at least if we can get a great short on this nn o x looking really nice I Don't have book map open for the stock folks. I'll pull it up for all of us inside our live trading room At least once we finish up this meeting Lw lg Yeah, you know short of all but I like that nn o x a lot more for right now TS ll I oh You know what this is why I caught this actually I was gonna guess it and it's true This is an ETF right here now. That might not sound so like interesting to you This is an ETF specifically for Tesla single-stock ETF for TSLA Tesla Ever pulled up You know, I forgot about this Bill Ireland one of her longtime students I hope he's doing well if he's tuning in right now live But you know, he mentioned this back from like midway of this year that they were coming out with them They've been out for a little while. I'm sure we don't trade ETFs here I just stumbled upon that from the losers list with Tesla down eight to nine percent right now today I mean this thing is breaking all-time lows You know at this point like could you short it technically you can But it's like I feel like there's just better trades right now even I mean Tesla the stock itself is pretty expensive still so I could understand your reasoning to follow this But unless if you have level four, I would suggest for you to follow other trades unless if you have book map I don't think that you'll be able to actually apply Following icebergs and level three to an ETF like this So I'll slip it on our list for us folks that have book map then you could definitely give it a good good shot I don't know what the other ETFs are for like Apple and the other you know name brands that have the single Stock ETF to it, but that's all I mean Tesla's obviously been getting torn apart I mean since before 150 when we were looking at it But I mean as soon as it broke that 150 level Tesla Oh my god Fausta was saying of course earlier and and rightfully so next support on that is likely just off a hundred Alright, so with that, I mean there's a couple more maybe I could sift through on the loser side here laser la zr If Lewis is here, it'll be a fan of seeing the stock at perhaps as a short if anything, but Let's see what else is out there folks that might just about wrap it up Maybe Coinbase if anything because I know Coinbase was taking a huge hit from today once again and At all-time lows right so in terms of a short I actually don't mind slipping this on our list here, too Scott from our trading room saying SLNO at the high of the day if this was on a wacky spread I would not be too interested, but it's not a pretty tight spread and it's at the highs It's hard to ignore this one for right now, right? SLNO this stock ended up running for us like a week or two ago as well a week ago You could see here so you know for right now. We'll put this on our main list You definitely want to see continuation off this like 178 180 chart level That's all Grant saying LUV reversal Yeah, a little move back up, but let it build resistance lower highs You know not every stock is gonna trend perfectly So you know for right for as much as this already dropped after our call outs from 34 35 and at 34 bucks Not surprising to see this squeeze back up a tiny bit Grant let it build a little resistance here roughly around that 3390 level And we'll see if we can pull back Mark saying GH for a short book could look better so that could be The X factor Yeah, down 9% breaking multi-day lows, maybe all-time lows Pretty close if anything she she got to go back to 2019 2704 it is below there mark. This is all-time lows pretty interesting, right? Yeah, I agree. I wish the book looked better, but as a short as a possibility I'll put this on our back end here too, but I'll tell you we're building up a pretty big list And I don't really want to build a big list On the trading day after Christmas, right? So we still got to treat this as kind of like a wonky day in the market You know, we have a few good shorts to work with between LUV GH here the Coinbase trade if you can get the shares to short TSLL or the NNOX from earlier So there's probably just as many shorts to follow going into this closed as there are longs that we have on our list All right, so here let me just check from social media right now Looks like we're good to go there none of us on YouTube or Facebook live or at least with suggestions So with that we're gonna call it folks for all of a sudden YouTube or Facebook live If you're interested in joining our live trading room Just go right down to the link on the green banner below the stream right there to get yourself started Any questions that you'd like to send over prior to send over my way Josh at CT trading calm I always like to post my email there at the end of the stream Now real quick housekeeping note for Mark and Norman and well not mark I'm gonna be talking you mark in about a couple minutes, but for Grant and Norman and all of us live Otherwise rich is out today. He'll be back tomorrow, but a little under the weather So he was out today. I know audio from three to 330 No audio three to 330. I'll be back on right afterwards at 330 to wrap things up for you folks Going into the clothes. I'll type that in the chat board for anyone. That's not listening to me right now That's all right, but for all I said are I just want to make that known the Rita 330 where we normally would have audio No audio. I'll be back on the mic myself to wrap things up for you folks right at 330 All right, I appreciate you understanding at least but with that best of luck trading folks going into the market clothes I'll talk to you all pretty soon. Take care