 All right, should be good to go folks. Good afternoon and welcome on back here this Thursday, November 9th. Great to see all of us on social media, Facebook, live, LinkedIn, Twitter, YouTube, the works at CybertradingU. But if you're, of course, one of our students, one of our longtime students like Michael joining us here and all of us otherwise inside our live trading room, give me a quick chat back. Let me know if you could hear me loud and clear. Typically is the case. If I got one of us, I got all of us, but just wanna make sure if all of our students could hear me here. So Brian, Michael, then Wendy, then I got a few more of us perhaps waking on up. Well, hey, if you're not shorting the market, if you're not buying puts on a few trades, then obviously you're kind of more patient sitting on your hands, kind of be indulgent waiting, see something better play out. But right now we have this, this is PAPL. I was just scanning right before this meeting had started here. So actually just before I had the ASTR up on the screen here. So I did wanna talk about this at least to begin. Great to see Arthur joining us here. Richard, Margaret and then all of us just otherwise like I'd said before, great to have us all together. So ASTR for right now, let's just start off with this trade. It's beginning to make like a slow bounce back up right now is a much better stock prior to even eight o'clock in pre-market. I don't know if you really were up at your desk early at the crack of dawn, ended up making a nice squeeze up there pretty nicely from like 80 cents up to $1.30. Pretty much where it's at now. And it was chipping above it a little bit afterwards as well. But looking at it here for this afternoon, it's got a good book, it's trending up. It doesn't hurt us to put this on our watch list just for right now. I wouldn't imagine for this to really be too affected by what the market does heading into the close. So if the market tanks, then I wouldn't be too affected by that with this trade. It's just kind of, it's either just gonna make it's move up on its own accord or it's just gonna stall out here and then tank. Oh, look at this. I don't know if this just popped up. Maybe I was just a little lazy, was just seeing that right now. Let's take a look. Yeah, that's been out there for a little while actually. So as I now look at level four, this is the benefit of level four book map here, the heat map here that we have. This order, this is pretty crazy. I haven't checked in on the heat map for this stock really since the morning. So, pardon my ignorance here, but stock had this iceberg order out there really since like 10 o'clock, 1030, or even like 11 o'clock rather, but ended up staying out there until 12, got pulled and then placed lower here. And it's just been there since, stock didn't really tank too much, dropped about 10, 12 cents, but then bounced. So this is kind of do or die moment here so far for this afternoon for this ASTR. That actually is a little bit more compelling to me. That makes it more compelling, interesting in the sense of a potential breakout. Like, you know, with this iceberg here, why did this not break lower? Why didn't this, you know, get pulled and placed lower even further? You know, just for this to move all the way back up, I feel like something's gotta give. So for that reason, I'm actually gonna add this to our watch list for right now. It looks pretty good. All right, so ASTR looking pretty nice, but otherwise I wanna jump back to the spy. Let's just jump back because, you know, we ended up having a few things happen this morning. We had the initial jobless claims report come out earlier in pre-market, then our good old buddy, Powell. And oh no, then there was something that came out actually at one o'clock, some treasury data that came out that led to the initial shake down. Markets tanked at that point. So that's where I became more bearish on the market or at least less bullish. And then obviously once everyone's favorite, Powell came on his favorite word, hawkish. He remained hawkish once again on the markets and I feel like he's like always been that way. But nevertheless, we ended up seeing another drop off at two o'clock and now since a lower high right around 435 on the spy here. So what I wanna show, and I'll pull this back here because, you know, maybe for a lot of us in social media at least that are maybe either brand new to trading or just not used to the way that we looked at kind of chart levels. It might look like a crap ton of lines here. So pardon that, but basically to say if it's not breaking higher, there's only one other way it's gonna go. So for as chippy as it was right around this resistance range here, throughout yesterday heading into this morning, I was looking for the break higher. Didn't get it. If it's not gonna break higher, there's only one other way it's more likely to go then, right? So it's not to say that's when I became bearish, but it's really after the initial drop here from this treasury data or information that was released at 1 p.m. Eastern time, 30 year treasury information. Well, from that point, that's where it broke right below all these lines here, not just one. So that's where really if it's gonna break below all that, that's where that should become resistance at minimum. So it ended up even failing to just get close up to even like the first green. It just kind of held here right back down. So that's where it became a much better short. You could buy puts on the S&P or the spy at least here and at least a bunch of other stocks that could drop with the markets all together. So I think that there's more to come. I think that this point now actually, if we look at the S&P actually itself, and I'll show this here, because I just read this up on Twitter last night and I'm not a big fan of just following one person and that's it, right? I'm not sipping the Kool-Aid of one person and risking thousands of dollars on just that, but I'm sure it's helped play it out this way. So what I wanna share with you is, looks like it ended up filling a gap back from September, like 20th, I guess this is on the daily chart. This longer Upwick maybe could have been that, but it made another trip back up and actually came really close to this low here, essentially filling the gap in full and then everything ended up collapsing from there. So this is where I'm thinking, well now we're gonna look to fill the gaps on the way down that we had from last week. So just keep that in mind. I mean, at this point now, I think that there's more to come this afternoon with the way the markets are moving and then perhaps another gap down with futures opening up later on this afternoon or evening and then obviously we'll see what's ahead for tomorrow end of the week. Oh baby, this could be an interesting end of the week, right? So be prepared, obviously. I'm down on the day today. I took losses on Tesla early on. Oh boy, Tesla got beat up at least all throughout the afternoon. So it's easy to say you could spin it, be like, oh, you avoided calamity. Yeah, I'm still down on the day. Ended up taking some licking on Tesla, ended up losing on, what was it? Well, Rivian from the open too. That was one I had a nice pop on and then pulled back. Essentially that was like a loss. It was break even essentially. But just a few losses that I took earlier today and at this point now, I have a few puts on the spy and at least that's helping me out here across the afternoon, but still likely gonna end up down on my day. So we'll see if this ends up making a trip down towards 4.30 to spy, at least if not this afternoon obviously, then perhaps by tomorrow. Now with that, let's see if there's anything that we could work with heading into the close. The ASTR, obviously like we said, it's gonna move up on its own accord. So who cares about the market with this type of small cap stock? It's gonna do its own thing. You could say the same on a couple more of these, but they gotta show good life and good direction. So this and not really looking too good. And we'll kind of move forward, see what else we got. Oh, you know what? Caught this kind of early. Whenever I go to like an index like the S&P or the Dow, I always gotta go back to 24 hour. So just to show the pre-market or whatever happened overnight, but TAST, nice little trend earlier today, missed out on it, but a pass on here for the afternoon. Not really looking too great. Befly, I mean a little slow, but I mean this actually stronger pushup right here, full recovery from yesterday's drop off it looks like. And you know, I mean, for the meantime here, I don't mind putting this on our side list and come back to it at least at the end. I forgot I got my pen here today. I could write this down finally. I've been using my cell phone the whole week so far. My notes up. All right, we keep it going though. D-U-O-L is this Duolingo? This would be funny. Yeah, it is. Ah, there we go. I didn't know they were public. So Duolingo ended up making a nice little pop. I'm assuming perhaps off earnings. Wow, this has been taken off. Yeah, geez. They were listed back from 21. Didn't even realize. So goes to show that there's always a company out there that you're not really aware of that's publicly traded or listed out there. And for as big as a company or app as Duolingo is, it's not too surprising to see it right now, but it's my first look actually right now. I wonder, and I'm not sure if everyone's a fan of them or even knowledgeable of them, but if you know who Logan Paul is and the drink prime, they're competing with Gatorade. I wonder if they become publicly listed at some point. It would be interesting there, but obviously separate conversation, completely different company here, Duolingo. But just to say for a very popular app that could cater to a young audience and audience that is very interested in learning other languages, obviously. Nice pop and getting close to all-time highs too. $200 though, so that's the thing there. That's the issue. And with how thin the book is, just pretty interesting look though, Duolingo. Space, earlier today we were looking for a break over too, just didn't get it. It looks like the 210 still held. Pesky 210. AFRM, nice pop earlier in pre-market and then after the open had another big move. Topped off at 27 though, again with the market pulling back, eventually this ended up failing to swim upstream as we like to say. I'll tell you what, really quick check-in. Yep, it just happened. ASTR just broke out. Take a look, just popped above that iceberg that we had out there at 132. I had it on my other screen right here. Just missed the actual pop, but just missed it by a second. Here we go. This might look to really push up from here. Let's see if this is a real pop or a head fake. What would be beneficial would be to see a new iceberg pop up even on the buy side. It's not as often that you get that, but just be on the lookout, that would definitely be a great sign for what's to potentially come here. Got a little order out there at 144. I could probably brighten this up a little bit here. There we go. All right, so we'll even come back to this just at the end of this meeting here. I'll show the book map one more time. Just wanted to show you at least that little update on ASTR. So, man, we got one stock on the watch list. We got one stock on the side list. Obviously markets are dropping, so I just gotta do my due diligence and go from top to bottom here. Then we'll check in on some shorts. Mara on the way back down. BE on the way back down. I'm not as interested in shorting a stock that's up percentage-wise this much, unless if it's a really crappy company. Something that like, I mean, Angie, honestly, I was kind of thinking about to a small degree, but they're hard to borrow and they're actually kind of holding here. But I'll check in on UVXY, UVIX, got all these ETFs that trade inverse to the markets, obviously, so with the way that this one's pushing here, and definitely add this to our list. UVIX probably more volatile even, but I'm not gonna add all of them. The UVXY is the one that you really wanna keep your eyes on. It's the most liquid. Got a bunch of our traders on that one, I believe like Chuck and Brian from earlier and I'm sure a couple more. All right, so now, obviously, let's see what we could follow on the way down with the market here. Might need to actually update this here, just give me a quick second. Oh yeah, definitely, let's do like 2 million. Obviously, this is a goofy number. I'll tidy that up a little bit there at least. All right, what do we got? So, CDLX, it's actually easy to borrow on the way back down. Actually, not terrible looking. Just I wish it was a little bit more liquid. I'll even come back to this at the end. I'll write this down for the side list at least. Not terrible. Actually, wait, that CDLX, I didn't even realize. I got my monitors on night mode. If you know what that means on night mode, it kind of like turns it more sepia color, like kind of like brownish. Helps the eyes, it's been a long ass week with this market and studying after the close. I have been glued to my screens and my eyes been hurting last 24 hours. So, I'll tell you what, I thought this was like 32%. This is 52? Yeah, that's down 52.88%. Holy smokes. So, you know, eventually that could be like a little short squeeze or dead cat bounce over time. It's looking like it's approaching all-time lows here, but interesting trade at least CDLX. I'll even come back to it in just a moment. AMLX, this one also taking a huge hit on the way down here at least. Shortable, you know, good spread. I wish it was a little bit more filled in the order book, but, you know, the spread right now as long as it doesn't open up from here, as we watch it, you know, sometimes it will have a little conversation here and you'll see the spread open up 10, 12 cents. It's like, all right, well, nevermind. And the way that we're kind of looking at this right now, it's been contained, a couple of pennies here and there, but yeah, all right, I'm sold. I like this AMLX. I'll add this here. I don't have book map open for this stock, so pardon me for that at least, but I'll show it or Rich will show it at least once we finish up this meeting. MDOG, or MODG, you could say the same thing there perhaps, but I kind of like that AMLX a little bit more. AMC, it's hard to borrow, but perhaps it could buy puts on that if you are short on it. Just it's not really, you know, pulling back much lower from like 2 p.m. So, you know, if it was making a better downtrend here at this point, I'd be more interested in it, but for right now I'm going to pass. Actually really quick, pardon me on that AMC trade, a little spotlight on Fausto's call out on the stock from earlier today, because he was looking for the dead cap balance that the market opened from EAT, so he had a really good call out on this actually. I just want to make mention of that from EAT dollars. This thing flew at the open, and we had on our watch list for that reason, so you know, great call from Fausto on this AMC trade from EPUX. Let me keep it moving. Cart, what a disaster. We'll definitely keep it moving from Cart. Phew, Redfin. Well, you know what? It's easy to borrow, shortable on my platform. At least double check for you, but between Zillow and Redfin, with that news that came out, like what, like a week ago or two, with the brokers and real estate firms, and there's a whole, you know, thing going on with, I guess, like upcharging for commissions. There's a whole thing happening with that. Redfin's down a lot more percentage-wise than Zillow, but both are taking a bit of a hit right now. So, you know what, Zillow? We'll keep on our side list. It's more expensive and down more percentage-wise, and then Redfin, it's actually, it's down less percentage-wise, pardon me there, and Redfin, the more bang for the buck trade, actually, here. All right, so is Tesla going to zero or what? The way it was dropping earlier, it kind of looked like, the way it was dropping earlier, it looked like it was going to get halted. TSLA, of course, we're talking about here, and ended up making a nice pullback, not just at the market open, but then later on, you know, broke below support at 215, flipped that into resistance, pulled back to 210, flipped that into resistance over time, and now it looks like it's building like, you know, you can call it to a degree, a Fausto flag, you can call it a wedge on the way down, the pennant, oh, really quick, pardon me. Gotta do my due diligence here and show you a little update. Watch out, head fake, fake pop. If it's not going to make a big move up, you know what direction it's going to make a big move in, so run for the freaking hills right now in this, I'm telling you, do not look to stay in this trade, you could always jump back in, in the event it does for any reason, push back up, which I would give it like a 4% chance right now, 3% chance right here now. This is not good. It was looking good just before, it broke over that iceberg, right? But hey, if you were in traders talk this week, even as like even a trial member, kind of being attentive as a, you know, trial member to our room, then you should know at least there, like when a stock breaks through a big level, we should be getting a big move shortly after, so I was looking for a lot more than this, and well, that's where, if anything at minimum, that worst case this needs to hold is support. So I tried, bounced back up that last green bar that you saw and then splat, so not good, not good on this trade right now. I think I'm actually going to scrap it from our list here at this point, the ASTR. It was on our list, I'm going to scrap it now actually. All right, so that was a little breaking news update, but back to Tesla and TSLL, right? Well, Tesla talked you on, right? So TSLL, I mean, it's shortable, if you are not really like interested in shorting a more expensive stock, if you don't trade options and buy puts, then this would be a good option, no pun intended with option. This is an ETF obviously, but this would be a good candidate for you to try and trade then, right? You know what I mean. So I'm going to add Tesla and TSLL to our list, airlines down big, wow, yeah, taking a huge hit, save, that doesn't surprise me at least. AGL, I did think for a second that said AAL, like I'm a little far back from my monitor, that is true, but man, I need new contacts and glasses, my eyes been sore all week at least there, but all right, so with Tesla, Rivian taking a huge hit also from their earnings, I say from their earnings, not as if they had bad earnings, it's just another example where you can't buy the news, you can't just assume earnings are going to lead to a squeeze up, you could be hopeful, right? That's where it begins, that's where any trade begins, but if it doesn't work out, if it doesn't make that move that you're expecting, then again, maybe there's another opportunity down the line, but you can't get stuck holding. So where I say that isn't even here, where I say that is from here. This popped in pre-market yesterday up towards 19, had a ton of volume there actually, I was like even telling Rich, I'm like, I was talking to him a little further about some trades that we were going through and that was very top heavy for a little bit and a couple funky reasons why that seemed off. And from there, obviously, even though I was looking for the move up higher, once it snapped down, it's like, oh, actually at that point, it broke through a nearly one million share iceberg order at 1918, I think it was, then it was game over from that point, but yep, obviously now at 1540, whoever was looking to short this trade with the open yesterday, clearly knew what they were doing and still pulling back here. Yeah, we're gonna add this to our list. Good short with Tesla, the EV companies taking a hit, both of them. I'm assuming Lucid too, but Lucid's cheaper, probably closer to the ground floor than we'd really wanna short a stack on. So if I down a little bit here today too, I mean, hey, for as much as Upstart was down, I was assuming a firm to not really be as good of a pop from this morning and earnings and well, you know, they made a nice run in this morning at the open to AFRM, but then they ended up dying off. So far, they're down today. Array, I mean, hey, they ended up dropping yesterday. Not only yesterday, they've been dropping the last three months straight, but from 25 down to 13 taking a huge haircut. Turn this over to a daily chart. Yeah, big drop there. You know what, at this point, since it's already at yesterday's lows practically, I'm gonna add this ARRY as a short. And then if there's any sort of reversal, maybe a 330, who knows, but IGT, another one. You know, listen, we're not gonna try and add every stock that looks like this here heading into the afternoon, folks. So if there's anything trading really good volume, trading, you know, good spread, we'll definitely give it a really good look, but otherwise we'll kind of just skim through and see what we could pick up. NFRSH, now this, ah, I was gonna say all-time lows, but not exactly there. You know, even this, I mean, again, there's a lot that looks like that. I don't wanna have like a 12, 15 stock watch list here for a random Thursday afternoon, so NCLE, at least the stock that we're familiar with. Right, that's where you wanna, you know, focus on your bread and butter stocks. NEO I think will be too slow. I'm gonna actually pass on it for that reason, but Lyft, you know, they're on a nice downtrend there and we're pretty familiar with that one. And I likely supported 10 bucks. Big volume already filled there earlier, it seems. Chewy, this one also, I mean, it's underneath 20. It filled the gap already at this point. You know, we could like add all these in this regard, right? I just don't wanna pump out too big of a list. And we're already below 5% now, so anything else I'll kind of pass on, but. All right, from Sam, did I look at Carvana for shorting? No, I didn't, but I won't definitely take a look. Yeah, I mean, that's down 8%. Did, why did that not make, oh, probably the price. Yeah, that's why. Let me just actually do one thing there and that, with that in mind, Sam, appreciate you actually asking on Carvana because, you know, hey, it looks like a bunch of other trades I kind of passed on already just because I didn't wanna pump out too big of a list. There's a lot that looks like this. So if you are already short on Carvana, it looks like you made a good call. And then otherwise, the issue on Carvana is always liquidity. The cheaper this gets, it'll fill in more. Like if this were to ever get down to like, this would ever get down to like 15 bucks again, 20 bucks again, this would likely have like a penny spread. But right now at $31, it's gonna be really thin. That's just always the case now in this trade. But turning down nicely, if you do well on Carvana day to day, then you know who you are and you're likely gonna follow it more than anything. All right, so I kind of like fixed the price on this. So there's Carvana, there we go. I actually would have caught that there if it was that goofy number, 5,000. ARM took a hit after hours yesterday from earnings. Their first earnings report since going public. Just very choppy stock right now though, obviously. Alex's AMC pop, nah, they didn't go pop. I'm gonna pass on that trade right now, Alex. That's just an exhausted stock. If I was to have a great call in the morning because of support at $8, but from there just died out and it's coming off bad news, bad earnings. You don't wanna try and buy a stock coming off bad news. As much as you don't wanna buy the news on a, as much as you don't wanna buy a stock coming off of good news, just throwing a dart on the wall, hoping it lands because the good news came out, you really don't wanna rely on buying a stock that's coming off of bad news, unless if it's down like an ungodly amount, like what was that, the CDLX? Hey, even check out, what was the one from earlier this week, the VTYX trade hasn't gone anywhere. This was down like 88%. So I am interested in a dead cap balance on this type of stock eventually, even if it fills a fraction of that gap on the daily, but it's gotta show it to us, right? So there's a difference there. We kinda teach that further in the phase two stock course. There's a class I teach. We did actually just teach it this past month called squeezes and bounces. So take a look at that, that's on the student portal now at this point. All right, folks, current time, 256. I didn't realize how much I was flapping my gums there. So we're gonna wrap up for right now, take one last look at the market here. We're still kinda squeezing lower, so not too surprising for myself. Out of everything, we got a decent watch list actually, I didn't really make it too big. Go back to that B fly, go back to that CDLX, like I'd said, B fly on the way up, it's hard for me to actually not add this. So this will be the last one, we'll kinda slip on our watch list right now, BFLY. All right, folks, so hey, if you are not a fan of shorting, then I would say to either follow UVXY because that would go inverse to the markets, move up as the markets drop, or otherwise then, hey, I would look to call it a day because I do feel as if we're gonna see more of a squeeze lower heading into the close. If I don't get that squeeze lower heading into the close today, then maybe it's gonna be in the after hours tonight when futures open up, we shall see though. 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Let me pump out this list here.