 All right, what's up everybody welcome on back to our afternoon meeting here this Thursday January 27th Shortly after 2 30 p.m. Eastern time great to see Chuck great to see Norman great to see Mark great to see all of our students live inside Cybergroup and if you're joining us once again on social media Facebook live or YouTube likewise welcome on back everybody So great to see all of our students now rejoining us here like Michael and Phil Jeff Patrick Chad great to see Kathleen and Later the ladies of the room loud and clear from everybody Lawrence is not one of the ladies great to see Lawrence too though And you know hey let's hop right into the thick of things folks We do have class later on today phase two lesson number two This is actually a bit of a mini series that I do here within the phase two curriculum where we tend to break down the Preparation process behind trading the market open or you know the market close for this class will kind of focus more on the market Open and you know where we finish up this afternoon. We're actually going to pick up and continue with come tomorrow morning So you know what this is actually probably the Two classes that I that I enjoy the most when it comes to teaching the curriculum Like this is pretty much as much of a phase three class as you could find at least within phase two So for bill later Kathleen Lawrence all of us Otherwise we're gonna post the link for that class coming up very shortly But you know for right now we'll start the stock on the screen here the INDO And I need I know I need to go quick here folks we can hear a class coming up But I want to go over this trade a little bit here the INDO I mean this thing came out of nowhere like literally just out of nowhere It just got popped and halted early in the morning after the market opened up You know Fausto was the first to call out the stock as it was initially pushing up here and getting halted But at the time, you know the thing that scared me and I guess you know There wasn't much to be scared of after the fact but to say that you know It was only trading like a hundred thousand shares at that point in the day maybe a hundred fifty That's not a whole lot really you know going into ten o'clock I mean that's kind of the type of volume we find for a stock on the gainers listed eight o'clock in the morning You know a hundred or hundred fifty thousand shares So you know when this reopened up off the halt I was pretty reluctant on trying to get in as I thought it would just dump right back down or at least shortly after it Would Wrong ended up pushing upward getting halted a second time. This was like the gift that kept on giving I you know not only from the morning here, but how often do we see a stock make this big of a move up? Make this big of a move down and then for it to run right back on right back on up That's extremely rare first off. So don't think that this happens all the time folks But nonetheless, it's very impressive So hey if you ended up trading this from the early morning and we're able to scalp, you know fifty sixty cents Maybe a dollar Congratulations and then when it comes to the afternoon, I'll tell you what I was away from my desk when this ended up Beginning its move back up building the higher lows off of five I was in commute going back to my home office So when I came back to my home office at two o'clock and I found this at seven and you know Even over seven at that point my jaw is to the floor I couldn't believe it but for right now at least hey, although I can't believe it I'm still gonna put this on our watch list for the afternoon, right? You know, although this is something that doesn't happen that often to see a stock go from you know But two to nine then back down to five then back up to seven It's very rare and hard to find so no for right now. We'll see if this can keep going Uh-oh If it's one of us it could be all of us But I think that that's not the case for all this live inside cybergroup Just let me know if you can hear me loud and clear Looks like one of us just had no audio. All right Until cliff to log back log out log back in all right So hey with with that in mind right now the INDO. I'll put on our watch list for right now I'm still a little reluctant, but we'll see if this could begin to make its next push-up But otherwise what we'll do is go right from top to bottom We'll see what else we got here heading into the afternoon look at this GLPG. I should have looked at the Should have looked at the last column here $65 stock, but it's at the highs. It's trading about two plus million shares. It's not all-time highs either Galapagos and VADS. I don't know Hey given the move today it would be hard for us to not put this on our watch list But it's easy for us to not put this on our watch list. It's 65 bucks So, you know if it was more within our price range out be much more jumpy to it But we'll see if there's anything else maybe looking as good in terms of the chart But more within our price range this TSRI stock looking at the daily chart more than the intraday This is like a pop-and-drop You know stock to the highest levels there All right AR DS. Well, I was gonna say this I was gonna get to AR DS There's one trade I'm in right now only one and it's AR DS now just because I'm in the trade It doesn't mean I'm going to put it on our watch list really that call out I posted earlier in the afternoon before I made my commute But I was typing in the chat board to Michael and Norman and Kevin, you know just those of us that were there at the time You know, I was saying hey there is a historical level at $1.90 today on the AR DS It was holding above that 190 price Extremely well heading into the end of last year You could say 188 if you want to be exact, but nonetheless I'm in from 189 and no right now although it's you know moving up a little bit I feel like this could be the beginning of a top if not maybe for it to just kind of chill here its support I even took a little off the table earlier when it began its push up towards to so you know I got some left, but you know for right now I'm not too particular about adding this to our list, you know a good entry But I'm not expecting this to make a move up to 250 by the end of the day If I thought there was a chance I Would put it on our main list for us here, but if you're not in this trade now I wouldn't be as particular about it going forward and when I say now You know truth so I meant from the 190 level if you're not in from 190 now It's not as clean of a trader entry to consider All right, that's the only trade I meant nothing else But for right now here the DOI you this is a waste of time DOI you here just extremely flat now it topped off shortly around 10 30 Eastern as we Expect for a lot of stocks to do we learned that within the phase one curriculum this week And market's dropping off of course, so you got LAPD on the gainers list you have Boyle some of the ETFs at least Netflix I guess having a pretty good day up over 8% right now Levi's having a pretty good day up over 9% But that was from the morning a lot of these stocks are now pulling back now at this point folks Going into the afternoon JDS T I'm sure dust is somewhere lingering here Damn, that's it. So I got on the gainer side folks will kind of zoom out from the one-minute chart I'll just show you the spy here coming off the Fed meeting yesterday I don't like being right in this regard But this exactly played out the way that I thought it could have you know The lower highs on the spy and pulled back as soon as we finished up the afternoon meeting yesterday led to incredible short on AMC and on so Fi Right now markets are still dropping off, you know kind of coasting off at the lows here is the SMP ETF that the spy What we'll do is hop on over to the loser's list see if there's anything that's down that's looking as good TGTS get a TGTX getting its butt kicked today down over 39% You know Hey, this stock is pretty close to the lows right now and it's short of bull You know it's trying to perhaps make a higher low as you could see so we'll see if this could either maybe false break Over 850 and snap right back down You know it is down enough to the point where if this is the bottom then perhaps there could be a little short covering Otherwise heading into the afternoon So in both regards as a possible short continuing to break lower going into the close or if it holds here This could be you know a little dead cat bounce opportunity. It's down enough. So the TGT X-ray definitely gonna put on our list LC They'll see is pushing back down to a lending club if I'm not mistaken. I Don't know if they retitled to LC and that's it lending club. I thought they were but nonetheless LC dropped off from earlier today I think it was off of bad earnings ended up dropping down towards sub 16 and dropping now towards that price again here So, you know, the only part you have to be a little wary about on this stock folks Is just the lack of iceberg orders out there on the bid so far Doesn't really seem like there was any major iceberg order that was filled at least from 230 onward So that's something to just be careful about I would assume there was an iceberg earlier that got filled to 16 But it's been pretty shaky around that 16 level since so You know, take your take your time on the stock wait for the proper evidence to come in and we'll see if this can keep going Keep it going. Otherwise ourselves and Damn, there's a lot that's down big today folks I mean just look at number 50 on the losers list here right now live. It's down over 13 percent Number 37 at least is so hey, if there's anything else that looks good folks type it in the chat board Just, you know, let me know let's work together here, especially if there's anything that I didn't look at just yet Check Benzinga Pro here on my own end here as well. So I'll just take a quick look at that. I got a stack I don't know what the chart looks like and this may even be an ETF. Let me double-check your SIDU that hell is going on here. It's only trading 300,000 shares But just completely took off from 9 to over 10 Looks all right. I mean very volatile pretty ill liquid if anything but given more of this afternoon run up, right? I mean it's a pretty extensive pop here so far So it's hard for us to not put this on our list here. What is this the SIDU stock? It's not an ETF at least so it's one that will look to focus on Citus space. I guess the company name is there Now if this completely flops and just crumbles back down from this point Then you know what to do then it's best to likely move on from the stock But for right now at least we're gonna put this on our list see if the order book fills in a bit more All right, I'll tell you what folks I got a bagel across both ends here. I'm not hungry That's that's in the sense of no comments on YouTube got no comments in the trading room and that's all right I mean hey this morning going into the pre-market myself and Faust over chatting to each other early and just it was Painful to even scan the market. There wasn't really much opportunities to work with going into the open Well, it actually led to a pretty good morning, right? You never know. It's gonna pop up No, we might have the next IND you who knows as soon as we finish up this meeting So if there is anything else folks that does make a nice popper drop, you know Maybe after 3 p.m. Eastern going forward then let us know we'll work together as a team and we'll call it out I know that rich will be on the mic in my place from three to four as I'm teaching class Cliff says the chip stocks are having a bad day chip is in like the the computer chip companies like CPU companies So I guess we'll look at s o s s o x s That's the inverse semiconductor ETF So with this moving up that goes to show a lot of those within the sector like micron Intel AMC AMD not say AMD taking a big hit today, right? So used to my AMC true there From Joe H. He says the GLPG trade. Oh Yeah, that's the Galapagos stock, right? I passed on this because the price Joe There's no need to be trading a $65 stock right now Yeah, $65 stock odds are you're lowering your share account and this doesn't seem like it's ready to make like a 34 point move to justify trading a $64 stock, you know what I mean? So, you know, hey AMD is twice the price, but that's a lot more liquid and moving a lot sharper I'd rather trade AMD over GLPG. We're not putting either on the list, of course But you know what I mean, right? We have four stocks to work with going into the afternoon folks And then maybe a couple more I guess we'll check out a couple more sideless stocks before we truly finish up No, we'll look at the AMC trade. We'll look at you know, so fi They seem to be moving pretty nicely with the SMP with the market in general so fi in particular is dropping off quite a bit It's down over 8% right now. I wish I held on to my short from earlier today. I was in from 1250 I ended up getting out at 1225 as I'd class teaching Ended up dropping off pretty nicely as I was teaching class, but right now. Hey, this is at the lows This also broke a major support level So as I'm going through some of these sideless stocks Kind of reminding myself of that on the so fi trade this stock ended up just breaking below a major support level that We had off of I think that was exactly that 1250 You could see on like a 30-minute chart just for the last two and a half days It was holding pretty nicely above 1250 ish 1245 and then it broke under it this morning. Well, it's still going So, you know, this could be a pretty good short to work with you're heading into the afternoon the so fi trade Bruce asking about the UNG trade. That's a that's a fund not specifically an ETF in general or in specific But that is a fund So we look at that It's gonna be pretty hard to try and read level 3 the matrix there on the right side and properly use our strategy So, you know in particular I'm not as much of a fan on the UNG It made a nice move up move down chart looks active, you know, so I appreciate the shout out Bruce Lcid from bill It's dropping off as as steady as so fi is and making a bigger move down percentage wise actually down over Nearly 14% Hard to borrow on my platform just for anyone on trade station double-check to see if you can get the shares to short Lucid and then otherwise if you're on a different broker than trade station may not Have this hard to borrow All right, are you asking is book map accurate for ETFs? I mean if there is a dark red line showing Ari Yes, but otherwise if there isn't a clear level for you to follow Wouldn't make as much sense for you to be risking your money, right? No problem. All right from RJF and YouTube welcome back RJF. He's asking about draft Kings Well dropping off as steady as so fi and lucid not down as much percentage wise I you know, I wanted it I wanted this short earlier and it just kept dropping and I just didn't have the chance to get the entry I was looking for and I didn't want to chase I was trying to short this from $20 and 55 cents or 20 60 at the most You know as it was coming off a class at 11 30 So it was pretty much dropping off at this point and I was looking for a lower high It just kept going so For right now, I mean hey, you could put draft Kings in the same line of thinking as lucid and so fi just with the trends down For right now, I guess, you know, I'll put this on our list. I Don't want to put every stock like draft Kings on our watch list. That's how we end up with the 20 stock watch list there Let's look at American Airlines Too particular about that and starting to spike back up a tiny bit There's the spies beginning to bottom out. All right, I think that's just about it folks There's nothing else that's popping up on my Benzingo radar and then otherwise, you know Everything else just seems to be kind of like a middle of the road Kind of tradable kind of not tradable stack and you know, I'd rather not focus on those to begin You know what? I mean, I'd rather focus on the INDO the so fi the lucid, you know And all of the others that we have on our list thus far. All right for all of us live inside the trading room I know that rich will be taken over the mic coming up at 3 p.m I know that most of us otherwise will be joining me in class at least So for those not joining me in class best of luck trading going into the market close for all of us on YouTube Facebook live I appreciate you sticking with me each and every day each and every afternoon If you have any questions that you would like to send over my way I feel more than free to do so send it right to my email address Josh at C2 trading calm If you wanted to join us live inside our live trading room continue the audio commentary that we have going into the closed today Tomorrow or next week feel more than free to go right down to the link on the banner below of this stream right there on Right there in green on the bottom of the video there to get yourself signed up for a small trial to our live trading room All right, but otherwise for Chuck for bill for Norman for Ari Bruce etc. All this live inside the trading room best of luck trading like I just said before heading into the market close Take care