 All right cyber trader is good morning and welcome on back here this Friday end of the week this August 12th Great to see all of us live inside the cybergroup trading room Grant Renzo James Craig Cal great to have Cal back with us Actually, we have Henry. We have Kathleen Leda Egan and all of us inside the live trading room Great to see all of us back on social media Facebook live or YouTube great to be back here in the mornings My name is Josh Leviton for any of our new attendees here. I'm Fausto senior instructor at cyber trading I'm actually tagging Fausto out for today and I believe for all of next week the man's on vacation with his with his family So obviously well deserved and with that. I mean, hey, well, we'll see what's out there going into today And then obviously heading into next week, but you know, hey typically on a summer Friday There shouldn't be a whole lot out there Now with the market that we've had this week and from the end of last even There should still be some volatility But I'm expecting the volume to generally die off within the market a little bit sooner than later Meaning normally around that 10 30 eastern time frame, you know, that's where we have that uh, you know, reversal hour So to say based off the cyber clock Look for that to finish up a little earlier Look for you to finish up these moves around 10 o'clock 10 15 You know better to have lower expectations than higher expectations because last thing you want to have happen is To waste the big profit that you are already up on or worse You think that there's a lot more left to a trade And then you try and be you know a shooter out there and you jump in at the highs and then it comes crashing back So, you know, that's where I say hey when the market opens from 9 30 to 10 o'clock 10 15 Prime time have all the confidence in the world based on you know, at least what we're looking at So I know with that that's when I would expect the volume momentum ultimately to begin to die off Karen says Consumers sentiment numbers at 10 a.m. Today. Well, you know that could actually generate some volatility within the market depending on What comes out? Obviously we just came off the cpi numbers from earlier this week which led to a huge squeeze But from yesterday we had a bit of a pullback and with that we'll see if there's any sort of continuation with that Heading into the opening bell now at that though the ubx trade is on the screen here to begin It's up over 124 Percent So it's not as if there's not opportunities on a summer friday, right? I mean obviously ubx ended up making this big move early on and pre-market Well from there after eight o'clock this ended up giving us a lot more life left to it from there namely Off the 160 level so with that we were calling 160 out right after eight o'clock big level strong level Well, let me ask you for grand and for alex one of our students here in the trading room and for robert And for any of our students perhaps otherwise michael included as well anyone when a stock breaks through a big level Generally speaking at least what are we expecting shortly after? When a stock breaks through a big level, you know, it's one of my famous josh quotes We're expecting a big Move shortly after now does that guarantee up? No, no, no, no, so if it broke above 160 came right back under it I could have seen this thing drop all the way down, you know true reversal So thankfully from there right after eight o'clock once it broke above 160 here. It made that big move Shortly after for a dollar fifty dollar sixty stock, you know, how big is big? Listen 20 cents is a pretty big move for a dollar stock if you go walk away 15 20 cents profit on a Dollar dollar fifties. That's a huge gain. That's like a 10 plus gain So with that it continued to push up just before we started this meeting I wasn't as much of a believer at that point. I wrote that in the trading room just a moment ago before we started You know, it's like kind of lingering here. I'm not a believer dot dot dot yet And it ended up actually making a nice little run shortly afterwards So I should have believed a little bit more there, uh, you know, definitely for right now I'm gonna put this on our main watch list heading into the opening bell heading into the market open For anyone just interested as to why a stock like ubx is up over 123% I'll tell you what I'll read the headline, but it's way above my pay grade So, you know, ubx is a biotech stock looks like ubx shares trading higher f to the company announced 12 and 18 week data from its phase two behold study of ubx 13 25 which showed a statistically significant and clinical meaningful improvement in mean bvca Folks, I don't know about you, but I didn't understand really any word that I just said So it's to say that we're not trading the stock because of whatever bvca, you know Or whatever phase two study came we're trading the stock based off the big icebergs out there the big orders out there and the bid in the ask All right. Well, how about this folks really quick? I don't like to teach as much during these meetings We got to you know, be quick with time Do we see any icebergs out on this stock right now any big iceberg orders that you currently see Look at level three. Look at level four if you have it. Let me know We don't need to be Scientists to make money folks. I don't care about the news, right? It's nice to know that news is out that's generating, you know move up But norman says 180. Absolutely. That's what I was looking at at least from my trade station matrix My level three right here at 180 on the bid 39 000 shares I respect that let's draw a line there heading into the market open plot that level Then brine says two which you know two at up top. There's like a 25 plus thousand share orders sitting there So that's definitely big We would assume two to be a pretty big level in its own right anyway as a whole number So, um, yeah two is resistance You have the view up there at 181 as well and then like like we had said, you know 37 000 shares on the bid sitting at 180 All right, so folks, let's go from top to bottom here We've had a pretty interesting pre-market the ubx trade paid off pretty nicely. There was another trade sp Rc that ended up making a bit of a push after eight o'clock But let's go from top to bottom here. See what we could just quickly put on our watch list before the opening bell Uh, the v stock. I didn't know if this was like a gary veiner chuck stock or not for anyone that knows him like v V e e e it is not. I'm just you know kind of joking with that Looks like this made a big pop just before we started this meeting though So it was really ugly and then flat dead for most of the pre-market Uh, definitely happy to see this move here a little thin on the order books So be careful of that when the market opens up, but I don't mind slipping this on our main list for right now the v trade I'm not gonna recite the news for every stock folks Most news uh, you know most most headlines that come out especially if it's related to biotech or pharma I can't pronounce half the words All right any pt. I was hopeful to see a bounce off of two on this trade I didn't call it out in the chat board I was just generally hopeful for a bounce, you know off of two it was slumping off there But this thing ended up just crashing right under the level as we started this meeting So definitely not looking nearly as good now. I mean you want to follow a stock that has you know a trend up leading into the open This ain't it. So right now, I'll write this down even on the side. I mean, it's it's treatable It's got a great spread. It's you know right within our all of our price ranges here pretty cheap stock But let's see if there's anything looking even better at least namely on the way up AEY looked all right at first, but Obviously not really looking as great here pulled back flattened out back under what appears to be resistance from the chart roughly off 190 looks like actually a beautiful head and shoulders that built So I'll keep that on the side too here. I'll come back to them at the end Maybe they have one more, you know pop before we finish up this meeting LRMR. I mean hey, this is making a bounce here. I like to see it Ended up actually looks like this thing got halted and reopened up in the after hours actually yesterday And then slumped off before as the market were you know heading into the pre market heading into the eight o'clock move but now Nice little push. You definitely want to see the order book filling a lot more here after the market opens That's going to make this stock treatable or not So if this has a very thin book after the open then there's going to be better trades to follow in my opinion You know for a cheap stock you would want to have this filled in a lot more than not so LRMR for right now It'll make the cut just giving this squeeze up here after 8 45 at after 9 o'clock Let me keep it going. All right. We'll kind of skim through now at this point So if there's anything looking really strong or trading a ton of volume I mean I see these cheapies that are like 19 and 20 cents. I'm going to skip over those NLTX dollar stock here trading 240,000 Not a whole lot happening there. Now. I know norman had called out smile direct club earlier, right? So at the time it was good call outers pushing up Obviously flattened out and died off for a bit, but this ended up making a pop in the after hours This has short squeeze ridden all over Does that mean that's going to happen today at the opening bell? No, that's certainly what we hope to see happen at least that that's our hope But given how much this stock dropped off back over the beginning of last year into now It's taken a huge hit and then even from probably beforehand. I'll just jump to a monthly chart here Yeah, I mean this thing off its IPO is like a $20 stock $21 stock No ended up moving up over the pandemic with the whole market at that point as it recovered But it's only dropped off since this could be a very good short squeeze throughout the day Or if not even today, maybe just keep it on your radar for the beginning of next week But sdc i'll put on our list here for right now. It's a stock that we are pretty familiar with inside the live trading room All right, we keep it going Man a bunch of these cheapies and i'm not even talking about dollar or two dollar stocks I'm talking like 50 cent stocks and we're not trading those really So you got hour here three dollar 80 cent stock up over five percent, but the chart you tell me This isn't really looking too great. All right, folks. Let's jump over to the loser side now Maybe there's you know a lot looking better from that side of the field But you know if there's anything moving upward that I may have missed definitely type it in the chat board now That's how we work together as a team and we'll see if there's anything that I'd missed or anything popping as we go through Uh, we got the codex trade speaking of familiar names. Uh, codx We ended up seeing this stock over the you know pandemic with covet And you know one of the first actually at the time that made that huge spike and push up stock Went from basically 350 all the way up to 25 and change over that point Well, I don't know what happened here. It took a huge hit. It could be earnings related It could be you know something to do with the drug or vaccine It's to say that this stock is shortable At least on my platform check to see if it's shortable in your platform If it's hard to borrow and you can't short it then I would move on but I feel like this will be a good short here heading into the market open or at least after the opening bell for that matter So codx, I don't mind slipping on here. Obviously it's flat in pre market, but it's down big. It's shortable reminds me slightly of The sono trade From yesterday we ended up seeing sono down big from the after hours the night before and that got crushed once the market Opened up and only continued to drop that was down to over 20 percent yesterday in pre market Same to be said with uh six flags six flags It was kind of flat in pre market heading into the open But it was down over that 20 percent already and then once the opening bell hit So, you know, maybe the same could happen there on the codx trade. It's definitely worth putting on our list for that reason Olo You know down just as much Don't get me wrong and if anything I mean hey, you know for a short you would want to see this begin to pull back But if this is going to make a dead cat bounce This is down enough for me to potentially consider that if it's not going to break down and drop off more Perhaps there could be a nice squeeze or you know as we call it here a dead cat bounce after the market open So I don't mind slipping this on our list here for right now to the the olo trade Ooh speaking of drop offs here pbr Geez now normally i'll be honest with you normally if you look up level four or put this up on your book map on your level four It's a tougher read. You know, I feel like this pbr is largely algo driven And I just say that based off how hard to read the book map could be for this stock more often than not so You know for right now, I'll definitely put this on our list. It's dropping off quite a bit It's gonna have a good spread when the market opens up or at least I'm led to believe that so with that You know, I would definitely be more so to use like the cvp columns on level four if you have trade station This is actually gonna be really helpful for you looks like a bunch of volume got filled specific To 1255 actually look at that that that's very distinct. So there you go 1255 is a 1255 is a pretty damn big level if you're looking at my time in sales right now I think that you could see why you know, so again, whether it's from level three here level four If you have it i'm not showing my level four or if you're doing a little old fashion tape reading here folks It ain't hard to see 1255 is a monster level for today on this pbr stock All right, we keep it going nice short on that one so far and a beautiful level at that So, you know, whether it squeezes back up there or not that 1255 on pbr will be very strong Or at least you have to imagine for it to be Um Now we're at this point. We're kind of heading into the 5% category We're getting a little close towards the market open now anyway So I want to make sure our students have enough time to prepare chart and get ready before the opening bell But folks if there's anything else that looks good type it in the chat board now Anything else that I may have missed up down left right more than uh, that 5% Just quickly skimming the loser's side right now There's not really a whole lot out there otherwise no real familiar names All right, what do we got norman saying dna trying to pop It's up over 5% and well now it is and it's trying to make that squeeze I'm not going to be as particular about this stock for one key reason And it's a good shout from norman because otherwise if this stock didn't make the particular move that it made yesterday I would slip this right on our list But this stock ended up making such a big pop and drop yesterday I'm certainly led to believe the same will happen At the opening bell today, uh, you know, hey, if pacb was making that squeeze up right now I'd say the same thing look at pacb from yesterday. This is like these I want to check this out Is this like a legit doji? Oh my god stock went from 775 to 1420 it technically opened at 786 and closed at 794 Listen, that's not a technical real doji because the open and the close are not exactly the same price, but Come on that's as close to a doji call that like a Was that like a grave a gravestone doji something like that just you know that that's as close as you can get I wouldn't expect for another big pop at least on this pacb seem to be said on that dna But that was a decent shout at the time norman. I mean it's tradable Definitely tradable AMC so AMC we had on our pre-market list chuck. I appreciate you just shouting this out again AMC ended up making a big move across yesterday afternoon when the markets were actually dropping off It went completely against the grain actually so with that I put this on our pre-market list early this morning I was looking for that move right off of uh, I think at the time I'd said 26 30, right? I had said 26 30 ideally it needs to hold over As support I said that at right at eight o'clock. So obviously it didn't do it there But ended up holding 26 30 beautifully after and alas There's a run gotta trust the levels folks, especially what we're calling out inside the trading room So if you had your eyes on AMC there off 26 30, you're looking really good Norman shouts the bedbath beyond trade bobby j. Yeah, we're gonna put both on our watch list here AMC and the bedbath beyond trade Nice Cool. All right, let's go to youtube right now. So from mitch shouting out the v-trade v e e Yeah, this one looks a lot better now, right? We had this on our watch list already So we did put this on our list And with that it ended up making the higher high so very nice run on this v-trade From raj asking on youtube here. Do you know why ubx is not moving much with over 31 million? Volume traded during pre-market hours. See I want to actually post that on our youtube stream here Just you know for recording purposes too for anyone that joins late So raj with a really good question Do you know why ubx is not moving much with over 31 million shares traded already during pre-market? I'd say it moved. I mean this thing went from a dollar up to two This thing made a hundred percent move in pre-market already Volume doesn't always guarantee continuation. That's the thing, right? So with that it made such a big move already that perhaps it's just more exhausted now prior to the opening bell Perhaps people are either distributing early knowing that it's going to tank right away So they want to control it at least right here and have it stabilized so they could distribute Maybe Maybe as a counterpoint. Maybe market makers are accumulating here knowing that they're going to send this thing to the moon right at the opening bell We don't know For sure what's going to happen. So don't pull your hair out thinking, you know, one or the other please But it's to say for as much as this stock moved it is definitely more often Now than not to see this exhausted to see it flatten out at least now at this point We're not going to hold any position heading into the market open You should be out of the street at this point. You could always get back in Should it make a good move for you afterward? Should it break over to again after the market opens up? Should it pull back and hold support off 150 better or even 130? Uh, you know, so definitely don't look to hold into the open You always have a chance to get back in but at this point now like we were saying Where's support? Where's resistance? That's what you have to follow, right? So you know, we started off with this stock at the top of this meeting and that's what we were covering So that's what we primarily do inside our live trading room I may as well say this now for for raj and for all of us on youtube and facebook live Mitch included if you wanted to be a member inside our live trading room to learn more about what we're exactly doing here Just go right down to the link on the blue banner below right there to just join up as a trial member But otherwise for right now for those of us there right now Jeff rob brant chuck norman We're the ladies of the room right now. I'd laid in here just before earlier Kathleen too But nonetheless for all of us of course all together. There's Karen saying i'm here perfect All right, so it's to say for all of us inside live trading room Let's just make sure that we have enough time to prepare get ready before the market opens Uh for raj for mitch for all of a sudden youtube and facebook live as well I always like to post my email here at the empty streams any questions that you have before joining us here as a member Feel more than free to send over my way josh at ctu trading.com I answered a couple of emails actually yesterday more so relating to crypto I look forward to doing a little crypto talk heading into the afternoon meeting later on today All right folks, but for all of us inside the live trading room I look forward to catching up with you folks coming up at the uh opening bell talk to you all soon Come a cyber group member today Just click the link below and receive all these amazing products and a world of knowledge for just nine dollars due