 Hey cyber traders welcome on back here this Wednesday afternoon March 10th shortly after 2 30 p.m. Eastern time and welcome on back here for our Afternoon meeting let's get a quick soundcheck just a bit just to begin make sure everyone could hear me loud and clear great to see Bonnie John Greg Norman all live inside our trading room sharing Gary later on all of our students joining us as well Perfect loud and clear from all good to see everybody and all of us joining on social media Facebook live in YouTube welcome on back a Little easy to begin today. I should say I don't have my Dow chart up here right below AMC We'll talk about AMC in just a second here folks. Just give me a split sec I always like to show at least the Dow if not the Dow maybe the S&P at times But either way just have a major index up you could see the Dow up over 500 points today once again We'll actually drag back to yesterday. We're not even talking about AMC yet here as much But just looking at the Dow you could see he ended up having a pretty crappy close ended up seeing pretty much right from 230 in the afternoon yesterday a big dive off Well, not really the same for today, huh? We ended up seeing a nice pop once the market opened within the Dow and Smooth sailing since so hopefully that hopefully that will be the same going into the close now for AMC. I Don't even know where to begin a begin on this trade This is one of the craziest moves I've seen but I guess I'm not really that surprised based on what we saw going back Into the end of January going into the beginning of February so really quick We ended up seeing GameStop make another run-up once again once the market opened perhaps with the market But I know that there was a lot of traction on reddit once again with a GameStop AMC blackberry bedbath beyond cost All these traits so you could see, you know, what's on the what's on the one-minute chart there They all made the same move, you know right around 12 30 Eastern time right where right where we thought everything was just fine You know, there is no news that came out, but all of a sudden Bam a huge drop off on GameStop I ended up getting out of a trade on AMC just because I saw the drop in GameStop initially I didn't know it's gonna make the drop that we ended up seeing really but once it started to turn I ended up closing out a trade on AMC. I forgot where my entry was maybe like 1175 ish or 1160 ish I got out like 1210 ish and poof got out just in the nick of time This ended up just taking a big dive off with GameStop and alongside these two we ended up seeing all the others cost I mean, this is like super low float So as big as this pop this ended up making it one of the sharper drop offs to where this got halted two or three times over And we all know here inside our live trading room that when a stock gets halted on the way down That's usually game over. That's the end of the end of the show for a stock as volatile as cost I'm sure there could be some sort of dollar pop-up going into the final hour today But it's not worth our time look at the spread look at the liquidity on the order books So for anyone that caught this trade with Fausto early in the morning and squeezed it up going into the late morning there I hope that you got out in time as all the others ended up turning over too But you know, it just goes to show when you see a stock drop that fast if it gets halted Typically when it reopens it's going to make for a bigger gap down off the reopen Compared to when a stock gets halted on the way up and when you see it reopen on the way up There's not as like big of a gap up You know as you would want to see when a stock gets halted on the way up Comparative to like what we see here on the way down We ended up seeing big gaps on the on the reopens here on cost. We ended up seeing the same on game stop Um, I ended up taking a loss. I think I think just one on amc. Thankfully I ended up trying to catch the dead cap bounce Originally from 11. So it ended up spiking down really hard. I didn't catch it here But when it ended up squeezing up here, I think it was this green bar where I tried to get this to run back up Just wasn't working. So I ended up taking like a 20 or 22 cent loss from there I ended up making a lot of money on this stock though afterwards I got in from 10 once and then just twice before here right before we started the meeting I ended up getting it from 10 01 out at like 10 16 or something Uh for what it's worth right now and it's pretty much how how I thought it was going to go I figured that this wouldn't really look to squeeze right back up You know probably pull back down to 10 if not even break lower But for right now at least out of all these wacky ones that we've seen trade today I wouldn't be interested in anything aside from amc And I say that just based on the liquidity. It's easier to read. That's not to say it's going to make a bounce You know So if you happen to see game stop continue to drop off then I would only assume for amc To move more with that compared to what we're seeing out of the dow and the s and p entirely Like the major index is here You could just see the dow at the high of the day that doesn't really matter when you're trading amc right now So, you know, just keep that in mind We've been talking about that all across the last like week or so using game stop is like a guide or a gauge In order to trade a stock like amc. That's a lot more tradable at least John s says at least you could short amc exactly. That's why I was saying, you know Hey if game stop craps out the other way or craps out even further Then amc should that break like a 990 level which I had lined up going into the market open as like a bit of a support That could be a pretty good uh short opportunity So keep that in mind also by the way folks amc earnings amc earnings after the bell today I was just looking at my whiteboard calendar. I'm here back in my home office. I have express earnings from this morning So that's what led us to focus on, you know amc and game stop originally with express earnings out this morning They ended up having a lot of activity in pre-market. They popped after the open and moved up with the rest So just keep a good eye on amc earnings for the uh after hours today I wouldn't imagine they would have like good numbers But you know, obviously that will lead to a lot of volatility if you're sticking around in the after hours That could be worth a good trade All right, so outside of the amc and the uh game stop trades We ended up doing really well across the board on some of these other stocks the env b stock This is one that we more so caught from pre-market. It was a big squeeze after eight o'clock in the morning I know if that was to put that on the morning watch list and you talked all about it early But this ended up just continuing to push up once the market opened up There was a small little pullback at 9 30 But once it quilled up and broke higher it just kept going So pushed all the way up towards an eventual high off of seven Whole number resistance off of seven bucks, but you know from there, unfortunately You know, it's not to say that that this was like a really large cap stock one that we've traded in the past I don't know what the float is But nonetheless, you could see the volume begin to die off rather quickly and more people really look to take profits Around that seven peak. So it ended up diving off made for a nice midday bounce Don't get me wrong great range from pre-market and the market opens So, you know, it looks like it held support at first and pushed back up nicely But for right now though just for the afternoon. I'm not expecting much at all on this one All right, we ended up doing pretty well on bingo By we I mean most of you folks inside our live room not to say I lost money on bingo Actually for the afternoon I had a nice little trade, but I ended up botching this so so badly So I wanted to cover this really quickly Just for all of us live inside the trading room, of course for all of us in social media A quick little free lesson for you folks here too But you know going into the market open today for the bingo trade after we did so well on it yesterday Obviously I was going to keep my focus on it for this morning But I wasn't guaranteeing continuation on the way up. I was hoping to see like a nice move at some point So on this trade, I ended up seeing this break below as support shortly after the market opened It was right off of nine dollars and thirty nine cents nine dollars and forty cents So after the first five minutes it was coiling up it failed to break higher I ended up taking I think was like three or two cent profit like dinky profit Well, it ended up pulling back. I pulled the trigger on a short from nine thirty nine And it was just so slow. So I didn't want to watch just the grass grow and that was it So for that reason I just said all right. Well, you know what I'm going to focus on something else I should have just trusted my first instinct and I should have just you know Followed my levels and trusted them at least this ended up breaking down about like five or eight minutes after I got out I just didn't re enter and it just kept dropping and dropping and dropping throughout the day So for as well as I did on pingo on the way up yesterday I could have done just as well on the way down today I ended up just second guessing my first instinct there and unfortunately that cost immediately the short So for what it's worth it ended up pulling back this bingo trade right Right down to a major support level that we had from yesterday That was practically the opening bell print from yesterday at 831 840 was also a major level So most most recently on this trade. I ended up shorting this I took like a three cent short, but then I ended up going long from 843 squeezed it up to 862 or something like right where it is now So for the afternoon, I wouldn't mind putting this just on our side list You know, maybe we'll check back in with this just at the very end of this meeting if it ends up making like a sharper more volatile move for us Say the same with the nndm stock that was one that we also watched from yesterday did pretty well on in pre market this morning I was as as that was inching up So, you know that one ended up trading pretty similarly with bingo. They moved pretty well together All right before we go from top to bottom folks across the gainers and losers list They got a call out here from one of our new trial members here Well, actually one of our long-time platinum students actually perhaps rejoining us here inside the live trading room james He's a calling out eyes yes just saying there it goes again I squeeze here so far and a good call. Well if eyes is pushing we all know what else to watch ears And for anyone new here, I'm not joking around when I say that just look at the chart on the daily side So, you know a nice little squeeze up on the eyes trait ears. I wouldn't be shocked that that ends up going with it Uh for as much as both of those had moved up across the last couple of days I don't know if we'll see continuation So it's definitely a great shout from james. Good call You know, we'll just check back in with those just at the end We'll see if there's a you know more momentum pushing those up by the time we finish All right, so with that said, let's go from top to bottom folks the envb We kind of already covered number one. It's you know, still up 75 percent, but not going anywhere right now That eyes trade that yours trade will pop Uh, what the hell happened to your roblox? I guess new ipo. I saw a gerry type in the company name I didn't know the ticker so I didn't really think much of it But then here we are now roblox, right? Just uh, that's the company name here rblx made a big pop Once it opened up I don't know what the opening price was but you could see it kind of squeezed from 60 50 up to practically 75 You know, it's just really expensive So it's trading a lot of volume for the 75 dollar or 70 dollar ipo, you know, 102 million shares So if it's lower in price, I'd be more interested But otherwise and it's try and find stocks more than my price range Cost again, we kind of already covered. I probably shouldn't have even clicked on it Just, you know, it's not worth watching for the afternoon Cetx popped after the open this kind of went how I thought it would go I didn't trade this after 9 30, but you could have, you know, picked up some good money at first Ended up making a pop breakout from three Hold a higher low originally and squeezed to break a new high going into the mid morning as it topped off right around Like 415 420 ish Uh, but damn the volume fell off and as did the stock this thing just crumbled right back down So, you know, the writing was on the wall on the straight. I mean, I really say that because It popped super early in pre-market. It was only dumping back down after so, you know There was money to be money to be made on the stock certainly But the end result's not surprising seeing this just dump right back down Probably say the same here for mno v. I had high hopes on this but the same pattern I saw in pre-market leading into the open. It just kept dropping. So With that happening going into the market open I'm not as inclined to think it's just going to pop and like make this big continuous move up. So You know for the uh for the uh Cetx you could have done well on that that one, but the mno v not as much Um, I saw a rich call out gbr, you know pop and drop right now This stock kind of trades low volume on a day-to-day basis Ended up making a huge pop going back into like early fevley jan from like five all the way up to was It's like 30 bucks 32 bucks here From 226 the low All the way up to practically 31 It closed at 25. So it took like a 7.6 point drop and then it gapped down that much more in the pre-market the following morning That was it. So, you know, I wouldn't I wouldn't be surprised if history repeats itself going into today going into tomorrow morning Um, I just mean to see this continuously break down now at this point All right, got the lyl. I saw a quick call out on this one just before this one make a nice afternoon push here for us Yeah, easy enough just to put on our list You only have amc on our watch list so far So it's a pretty lonely watch list now and then or at least, you know, we have the lyl now Pushing up you could see a couple of orders on the ask about 8 000 shares at 239 It's not really that big of an order 235 about about 4700 shares here Got the warrants for fiskers. So I know that's up today We'll check that out in just a moment got genius up. This was another reddit stock But it is pushing back up really nicely here. Wow, that's surprising. All right, cool So genius definitely going to put on our list here at this point I know there was news out on the stock over the last week cartoon channel um Like children's cartoon network tv station honestly or it might be internet programming But a ton of buying coming in off the break from two dollars and 30 cents, but right around 241 eastern time Let's see if I could scroll back that far on the tape. I think I can Oh, yeah, look at all this on the tape here I'm gonna scroll from from bottom to top here. Look at the time in sales So look at all the larger transactions here at 230 100 uh 152 000 share print 20k print 26k print i'm more focused on the 152 k But you know, it looks like there was a bunch of smart money coming in off the 230 level just about like five minutes ago Four minutes ago and with it now re breaking over 230 you're looking at a an excellent setup running live right now so Give me a quick sec. Hope I'm not too late. All right. I'll see if I can get filled But yeah for right now genius definitely looking pretty good going into the afternoon I have to really begin to squeeze up off the uh 230 level here though All right, 230 is a major level here coming up on this trade All right, cool. So check back in with this one in just a moment Just see what else we got a couple of other familiar names here. Lizzie unfi perhaps cln e I want to check in with this one pushing up with bitcoin perhaps earlier today We'll get to bitcoin in just a moment as well D kng at the high of the day a little pricey But this one has much better liquidity on the order book compared to the new ipo roblox so Yeah, for the meantime the uh d kng trade definitely will put on our list approaching all-time highs too Nice squeeze up on boxl box light here the high the day practically off 260 of 50 000 share order on the ask perfect Just in time I have an order set to buy genius if it could re break over 230 All right, that's all I see on the gainer side folks any uh familiar names otherwise There were anything else that's up and making big move popping right now as we speak type it in the chat board Yeah, just energy je down 37 plus percent he's trying to make a Gap filly I reckon here still I don't know it's down 37 percent Chart doesn't show it I think the stock had fooled us fooled us in the past if i'm not mistaken I remember like Maybe a few months back this stock trade station marked as like down 94 percent one day I think it had to do with like a split so that that's what appears to be the case right now I'm not going to let this fool me again. So Yeah, the je trade and I mean just Check on your end. But for right now, even though it looks good on the chart. I'm not as keen to put this on our list That might be like a glitch on trade station there just based on a split Yeah, tupperware off of earnings just the spread's a little wacky the order book entirely I would say GNMK not much going on there too. TAL pretty expensive, but this one to move pretty nicely for us It's at the low of the day right now So whereas draft king is pretty pricey at the high of the day This one's at the low of the day I you know i'll slip this one on here for any of our more like level three to five traders collectively You know has a bit of a spread but not surprising for a 67 dollar stock But uh, you know for right now a really good direction on the way down. We'll see if this can uh continue going They always like to say this with the Dow up 516 points today. I wouldn't expect for there to be a whole lot that's down Right gsx another expensive one also pretty familiar name Yeah, just not making a sharp move as the TAL at least there All right, folks So for right now that pretty much is it for me if there's any anything else that you see that's up down left right like more than 5 Percent or perhaps moving with the market making a sharp move right now. Let me know I'm already a step ahead here of a pc solutions on youtube our friend dug on youtube as well with genius and boxl D asking about blink blnk nice little pop right now. I reckon You know, this is always like a tradable stock I feel like probably more of like a level three to four stock as we would categorize it So this is where I'd say there's like not really much to write home about on this blink trade It's to where I'd say like if you've done well on this trade day to day Then I'd put it on your personal watch list, but otherwise there's probably better opportunities right now All right, uh, which will bring me to Andrea. He's asking about mara approaching 30 now or now approaching 40 So that will bring me To bitcoin and I think today's the day folks. I think today might be the day if I'm wrong then so be it, but I think today's the day I'm wrong today Is the day where we're going to see riot and mara continue pushing in their direction into the close I always say how riot and mara don't make good afternoon moves But bitcoin's pushing and bitcoin's making a very good push across today entirely across the last few days Pushing almost all the way back up towards its, you know, pre towards its all-time high just right around 58 5 so I'm not guaranteeing it right, but if there is any day to where we would see continuation on the on the blockchain stocks with bitcoin I think today would be the day so mara's up eight and a half percent plus approaching 40. We're going to put that on our list Riot is just more expensive. The spreads are like too wacky on this one too So I'm sure it'll go with it, but I like mara more as a day trade What else we got outside of uh Mara, of course, we should talk about can cannon That one pushing up also right now that one broke all-time highs once again in pre-market this morning But then dumped off after So yeah for right now, I don't mind slipping both the mara the can trade On our list What else do we have bt bt? Maybe I don't know just check the order book on this It's pretty empty. I thought there was one more gwac is the new spack with a bitcoin mining now it's going nowhere right now At the mara trade the can trade maybe ftft. I know this is one from yesterday. Maybe tpw Either all right, so cannon and mara at least out of those two from the bitcoin or blockchain related stocks Those look pretty good going into the close And if they don't move up higher then it wouldn't be too surprising I'm just saying that you know out of out of all days. I think that today would be the day that I could be wrong Space bouncing off the low of the day says ron in the trading room Another one that I'd say if you've done well on the stock day to day in the past then put it on your main list But not really too much to write home about there The mtc trade from later Pushing up nicely now. I mean, you know making the afternoon push for the meantime here Good spread for the meantime. Also, it's up 10 10 plus percent All right, so I'll add this to our list too. I like the boxl a lot. I like the genius trade a lot like the Maybe avio stock. We'll take a look at that one also whoa That is a hell of a pop See where I I always say this inside our live trading room once I finish up for all of us in social media I'll say listen folks stick with the list if there's something that's making a huge pop after I finish up the meeting Then call it out Well, thank god. We're still you know in the meeting here. So for anyone on facebook live youtube At least you'll be able to take part in this one here as well the avio. I don't know what happened on this stock Obviously made a big pop and got halted. I'm going to take a look on benzinga pro right now for this trade All right, so I can't copy and paste but I'll just state there was an update on avio There was a hearing that they ended up winning FDA approval for its new drug application for treatment of renal cell cancer Interesting So a very big pop nonetheless from roughly like 8 20 ish perhaps even 8 10 all the way up to 10 58 to where it got halted to now Yeah, easily enough avio will put on our list. Hopefully it was a really easy trade I'd focus on 50 cent levels and whole numbers folks Probably a lot of buying also coming in off 10 10 dollars 11 cents Just shoot from the hip there and just use that as a level from the matrix All right, cool. Uh skip with delta airlines d al Yeah, it's another one. Just you know side list stock pretty much All right, folks. I think that just about does it though. I mean we have a pretty good list now I'd say with you know boxl with the amc trade still on play with genius with avio now popping Hopefully with the bitcoin stocks proving me wrong finally and pushing higher into the close We have a pretty good list to work with all right. So, you know, I said it just before I'll say it right now start and stick with this list It will give you a very good opportunity to try and catch a big runner going into the end of the day If there's nothing that moves well from this list in the next 10 minutes 15 minutes Then at that point rescan the market yourself folks see if there's anything else that looks great taking you into the afternoon We'll work together here as a team. So if there's anything that I see I'll call it out If there's anything that you see hopefully you call it out too. All right Yeah, john the avio trade is currently halted. I'll reopen pretty shortly All right folks for all of us in social media just make sure that you like subscribe hit the notify button right there and make sure you know that Make sure you know when we're going live when we're not and then aside from that feel free to join us live inside our trading room Just by going to the link down on the banner below All right for all of us live live inside the room going to catch my breath going to refill up on my water here Going into the afternoon and hopefully catch a nice runner with you folks. You're coming up pretty shortly. Take care