 All right, silver traders good afternoon and welcome on back here this Tuesday June 15th shortly after 2.30 p.m. Eastern time Welcome on back of course for our afternoon meeting. I did not do a sound check live inside our trading room Just before I hopped on so please let me know if you can hear me loud and clear Otherwise great to see you Lewis Patrick Brian who've been chatting with me all throughout this afternoon Rightfully, so we had a pretty active afternoon coming off our traders talk workshop great to see you Ray later Bonnie William D. Great to see you all William I think I'll be talking to you pretty shortly from not mistaken So I look forward to that for all of us in social media Facebook live and YouTube welcome on back So I mean hey we have the riot trade on the screen to begin You know I'll be talking about Bitcoin So I'll just do that briefly in a moment, but for right now riot man This ended up making a really sharp bounce back up going into the early afternoon I mean easy to see based on the one-minute chart But you know it was holding over 34 pretty nicely throughout the morning broke under and over nice There and you know typically for a stock that dropped off after the market opened, you know around 10 10 15 10 30 10 45 Eastern time That's what we call reversal time So to see this make lower highs and fail to break higher here come back down It's not to say that I'm expecting continuation going into the afternoon You know the song and dance that we go through here on riot and Mara and Canon You know these Bitcoin mining affiliated stocks, so to see this bounce back up I mean not at 10 30 Eastern but a little bit after right around noon We ended up seeing it reemerge back over 34 ended up making this really sharp squeeze up So just gonna show Mara just gonna show Canon here both ended up making a very similar bounce roughly around the same time Maybe Mara ended up making its bounce just a little bit earlier But nonetheless Canon very similar play right off the 12 o'clock time frame here. So really quick I'm not gonna have it up too much I'll probably dig more into Bitcoin the charting and all that going into tomorrow and probably going to Thursday But I just want to show a brief because it just shows Correlation between the stocks that we're calling out and Bitcoins move just over the last two three hours basically from 11 o'clock 12 o'clock Eastern time here Bitcoin ended up moving up over a thousand points That's not really that big of a move compared to what we've seen up and down on Bitcoin But you know obviously up is what we're looking for here I was saying to you folks going into yesterday with it breaking over the 500 EMA that we were talking about just over the last couple of days I thought that we'd see this begin to pull back And I still think that we will to see this pop up just over the last few hours You know I'll take it so I'm happy to be wrong in that sense, and I hope I'm completely wrong I just don't think that we're fully out of the doghouse yet I feel like they should come back down at some point for one more consolidation and then hopefully we'll see the big Move from there, but leading into this afternoon. I mean riot Maracan and I'll come back to these if need be you know Ended up making a big push from earlier today right you could see now backing off right from 3450 level for the most part So we'll come back to these if need be like I'd said, but we ended up doing really well from earlier this morning I want to start really by going over the The TRCH trade and then the top percent gain are actually number two for right now not the warrants But just you know ALF so to begin TRCH and this was a really fun really fun trade after the market opened up This wasn't my personal main focus right out the gate at 930 So unfortunately, I personally ended up missing the slingshot move as it pulled back towards like 440 ish 450 and then from there ended up making the extreme run up But I ended up catching this I gotta keep shouting him out one of our students Patrick M He ended up making this comment like right as we finished up the audio commentary in our trading room And he was saying you know, hey, this could still be a really you know strong set up It was you know when it was under five it broke broke back below this five dollar level It's just a matter of if you know if this could re break above resistance and five was a major Resistance going into this morning set from pre-market and after the market opens up We ended up only seeing the iceberg grow on the ask at five So, you know hey that easily could have held us the top this easily could have pulled back and reversed from that price It could have made a false pop and did that after but this ended up giving us a really good opportunity Once it re broke above resistance off of five. So really this is my best trade of the day I was in on this trade on 2,000 shares. I scaled out incrementally. So I took, you know, 500 shares at like 520 to pick up some money at first I thought it would push up higher But just to walk away with some profit at least and over time I kept doing the same 548 or 546 I think that closed another 500 shares out. I Got out around six and then maybe one more time around like 608 or something So ended up treating me very nicely You could see what became a major resistance or rather what was a major resistance is now a major support So to see this pullback all the way down a five I actually had one of our students chatting with me just a moment ago Chuck and he was you know Just asking relatively about like the float and you know the volume on TRCH He ended up actually closing out just a small fraction of his swing trade He wrote that in the trading room. So I'll give Chuck a quick shout out I think he's in on a swing trade right now from like 275 250 something really nice on the TRCH trade But you know point being once this pulled back down to five the first instance of it pulling back down there at least It's easy to say but man that was a really nice bounce initially So that actually could have been a nice squeeze going into the afternoon the more tests supported five the more it pokes at it without it Breaking off and running from that price. I'd only imagine for the stock to crash back below it You know, that's natural So I don't know I feel like for the remainder of the day the torch trade going into the afternoon Although it had bounced nicely from here. I just don't think it's gonna give us as much now heading into the afternoon All right the ALF trade looks pretty flat right now We would have gotten this anyway as we start from the top of the gainers list in a moment But this ended up coming off of news I think there was some collaboration deal between this company and uber and Lyft and more so the drivers You know that are driving for them as some tablet I think they're coming out with to help with rideshare if not mistaken So, you know, hey ended up beginning to make this pop at eight o'clock That doesn't guarantee the move after but it's to say that if this stock could break above resistance If could re break above resistance after the market opens up I mean almost just like the torch trade off of its own five level here When this re broke above five after the market opened I'm talking about right here It ended up making this huge squeeze up got halted a few times on the way up I don't know if this got halted on the way down. I'd be interested to check My rule of thumb is that when a stock gets halted on the way down. That's a wrap that is game over So you could see actually here notice my time here it goes from 1013 on the one minute chart To 1018 it's not a five minute chart. It's a one minute chart So the stock actually got halted at 1013 on the way up and then once it reopened It didn't hold on the way down But obviously the volume traded per minute dived off from that point the stock for as much as it was up You can't keep expecting it to move up forever So ended up beginning to pull back it flattened out and just became an uglier trade from that stage So I don't know I think for this afternoon. We'll definitely write it off But maybe just for later on this week. We'll keep it back in mind come back to that trade later on Maybe come by like Thursday Friday of this week. I know that we have the Fed meeting tomorrow You know, this isn't like a major mega cap stock that would move with an index like that It's just simply to say at least going into tomorrow and this afternoon You know, I would anticipate a lot more hesitation with the Fed meeting to be announced this time tomorrow, right? So with that in mind this could be a good sideless stock for the remainder of the week potentially We'll just go from top to bottom now. We started off on the TRCH We have ALF already neither of them on our main list for this afternoon like I'd said But let's see what else we got the CLSD trade interesting Norman just said nasty shake down Yeah, I mean hey to see a stock pump in pre-market. It was trending down leading into the open So I wouldn't have been really too interested in this trade right out the gate Ended up making a nice squeeze back up later on but at this stage now not worth it Not worth it. We'll talk about the wish stock also WISH right now that stock has been a nice volatile stock for us today shortable also So ended up providing a good opportunity on the way down trying to bounce right now that wish stock JNCE Pretty active right now. I guess going into the afternoon spreads aren't too wild just yet. I See here's the issue this stock Including today including today the stock trades an average of 363,000 shares per day. That's like crap. That's nothing So, you know even before that before today, this stock was just trading like 300,000 292,000 per day. It's a low float stock very lightly traded across you know day by day I don't know. I'm not really too jumpy to follow this right off the bat If it ends up making a new high of the day during the meeting then you know Hey, I'll check it out. Maybe you'll prove itself to me here coming up There we go. So why do we waste our time on that JNCE when we have the e-man stock breaking a new high in front of us here? So, you know, I'd rather focus on this at least for right now This is you know likely also another you know thinly traded stock day to day You know prior to the big pop that we had back at the end of May This stock was barely trading over a million shares on average per day Better than that last one JNCE but for right now I mean either way it's pushing up nicely a lot of volume getting filled off the ask year 20k print filled right on the time in sales at 427 so for right now. I'll put this on our main list I'd still say be careful based on the you know smaller orders here across the book Fluctuating that spread here a bit starting to open up a bit close up. So I'll kind of move around here as it's pushing Crap. I thought they said BNG. Oh, not BNSO. Oh, no, it's my traders dyslexia kicking in. All right Let's see what else we got CTXR Unfortunately, this one peaked already right off the high held perfectly and then dropped back down So not as jumpy to follow this year. It was a nice trade. It looked like from earlier this afternoon a bunch of crap I don't really know too much about here between all these tickers, you know Doing this day-to-day week-to-week month-to-month year-to-year You know, there are still a couple of stocks that pop up on my radar that surprised me But you know for instance like a C dev trade I've seen this stock trade before It's not one that we call out all the time if in really at all often But you know just this stock trades a lot of volume every day It was just right off the highs a moment ago This is something I'd rather jump to at least as I kind of scan so doesn't mean I'm gonna add it to our list This might almost be too slow for us. So let's see what else we got We got to find something right in the middle something not too slow. Nothing too crazy though That might just be the case with the Fed meeting coming up We might not have as much activity see this stock was a great call out from earlier What once a couple of our students called out the ride trade? I think Bonnie and Lewis ended up calling this out it popped up nicely the volume died off So does the stock here you got the pop to make a new high, but unfortunately came right back down So it's still pretty volatile. Maybe I will add this at the end of it all This might be like the top stock that I have on the side for right now this ride trade At least we are familiar with it to a pretty good degree We've traded the stock long short in between you name it This thing is like been through hell and back the last year or so. So, you know, at least we're familiar with the name Come back to this certainly at the end. I Otherwise though, I mean, I'll tell you for the gainers list not a whole lot that looks like a familiar name Maybe Koss KOS. I've seen that stock before I guess you could say it's at the highs, but again just opportunity cost from trying to watch the grass grow It's nice outside today. I'll just step outside. So, you know, I don't need to do that here Let's hop over to the loser's list. We'll see what else we got the DSS trade down enough for me to check out Although it's hard to borrow There we go nice squeeze on this one at least for right now You know looks slow looks like there's a lot of volume that's needed to be filled in order for this to move up But damn the stocks down still 38 plus percent So it's you know already making so to say a bit of a dead cap bounce right now You only have E-man on this whole watch list so far. So, you know what I like this one enough It's slow. It's low risk. I don't think it would snap down like you know 10 15 20 cents within a bat of an eye So for right now, I like this one here the DSS stack Now otherwise though, right bunch of stuff hard to borrow So I wouldn't expect a short opportunity up until tiger TIGR stock that we are really familiar with Also a stock that's so to say I've been through hell and back So to say just to see this pump all the way up from the beginning of 2021 Pumped from like five all the way to 35 40 bucks near dumped all the way down at 15 It's been a very volatile stock. I mean that in a good way So as long as the spreads are tight or moderately tight and the order book is relatively liquid Which it is right now. We have an order on the bid at 24 20 practically Is that low of the day not 25 slow of the day here? 24 20 not the low of the day But right below the low of the day you have a 32,000 plus share order on the bid So that certainly is a big support for right now heading into this afternoon Definitely TIGR definitely a lock here so far for this list. Let's see what the news is it's down enough also I mean, I don't depend on the news to make my decision I say that for all of us in social media that that aren't familiar with our you know commentary live inside our trading room So just checking Benzinga Pro really quick and I hate to you know say it for this stock I would have thought there would have been news for this But Benzinga Pro wrote up fintech shares trading lower not seeing any company specific news So hey, we don't need news. We'll take it down, you know enough I you'd imagine for a stock down 15% today for there to be some sort of news out there We don't need it right now. It's at the low testing that major iceberg So, you know, we'll follow the trend that first and we'll see if this could break lower to 24 coming up Now talking about shorts we talked about this very briefly inside our trader stock workshop earlier today I'm not gonna dig too much deeper into it now. Oh, not that. Sorry. Whoops this Geez this UX. I am actually I'm interested in this also just to check the news just to show You know, this stock was up big in pre-market, right? So it looked as if we ended up seeing news come out between UX I am A company if it's the same company that that I read it as it's a company that we're really familiar with So it sounds as if UX. I am ended up entering a definitive agreement with Neo and I owe Neo capital and joy capital Pursuant to which both investors will invest up to three hundred fifteen million dollars into the company So it gives why the stock tank after the market opened, right? So you can't throw a dart on the wall and hope it lands in terms of you know Good news allowing a stock to run up because if you tried to hold this trade leading into the market open expecting a big pop You know, it'll sound blunt here, but I gotta say to say you'd be looking like a real ass just holding on to this trade Right. So, you know, we talked about this in our trading room I don't say that to Bonnie and Grant and Norman you folks, you know, we covered that trade already here in our trading room We knew that this was gonna drop. We knew it. What was the trend of the stock leading into the open? Right, that's what we start with and that's where I kind of gained my mindset on where the stock is more likely to go after the open Not a hundred percent guarantee, but more likely than not. So I wasn't buying this stock, you know, right away I was gonna give it time but at the same time as I say that I wish I could say I ended up jumping it on the short stock Is easy to borrow I was following the the wish trade from earlier this morning That was my kind of like baby going into the open. So unfortunately, I missed the short thankfully I didn't buy it ended up actually making a nice bounce roughly from around like four dollars ten cents or so But you're not gonna try and you know wait for that to happen You're gonna be waiting a long time at least from there. So, you know, for right now It's pretty flat. This could still be a good sideless stock for, you know, remainder of the week But for right now just pretty ugly here. All right. What else do we got here folks? You got the CYC entry shortable down big. It's also pretty cheap So I don't know how much more room that has to go AVXL what made the top percent gainers list yesterday ended up making the top percent losers list at least heading into the open and going into the late morning Early afternoon this stock was down a lot more than what it is here So, you know, I'm pretty volatile in that sense, you know, it's tradable in that sense as well I don't really feel too keen on putting this stock personally on the watch list going into the afternoon I'd set it from yesterday will still be a good sideless stock going forward for tomorrow checking with it tomorrow early in pre market Just to see what it's up to But we'll see what else we got. I ended up taking a three cent loss right now I didn't say this from before I was gonna say it, but I'm watching on my other screen I could always re-enter it later on if need be like we were talking about from class yesterday But the wish trade I was actually just short a moment ago on this trade right right as it right as I was beginning The meeting I pulled the trigger this might make the move now Which I'd be a little ticked off by but I have time to re-enter if need be but you know This stock ended up doing this really nice from the market open today It was trending down leading into the open so to see this drop off You know going into the mid to late morning not a surprise at all ended up seeing this stock pop But then pull back and once it re-broke the same support level it broke free market 1175 That's it. So this stock was also shortable like the UXI end trade. This wasn't on our main morning watch list It was yesterday. It's a stock that we've been trading over the last week week and a half at this point So we are pretty familiar with it. I'm not going to put this on our list right now I'm not going to ignore this stock fully myself, you know Maybe if this can make a stronger pop or drop I'll call it out again But I think that there could just be better opportunity going forward compared to a stock trading 125 and a half million shares So I got out that might be the wrong decision this pulled back And I would have been still up on this trade at this point, but we'll see I feel like just all together There could be better trades entirely going into the close All right, so that leads me to you folks So from Patrick, he's calling out s en s slow and this was about a few minutes ago But you know it was moving up at the time. Yes, and it pulled back just now So it still seems to be you know volatile tradeable in that regard. It's trading 53 plus million shares today It's not nearly as much as it was yesterday the day before but still even before this whole run-up the last week And I have two weeks. It's definitely a lot more compared to what it was doing on an average basis You know good sideless stock keeping in mind maybe for tomorrow and hey this afternoon if it runs better We'll call it out. See if there's better opportunities that I may have missed otherwise. Yeah, this FSR Mike I don't know if this was not down enough on the loser's list for me to catch here I guess it wasn't but shortable broke down below a big support level. I it might just be right here at the low 1707 we ended up seeing a really big spike of volume and really quick for Debbie M And for all of our students inside cyber group I say this because well the trade station matrix volume bars here give me a pretty good idea Look at the low of the day right now. We're seeing a hell of a lot of volume being filled off 1707 the low so if I jump to the time and sales here back from 244 245 eastern time bingo look at all these prints on the tape at 1707 52 K 15 K 11 K on a top, you know the others in between So this is at the low of the day right now, but damn I'll tell you that's a lot of volume considering a wacky price level like 1707 so I would assume the next major support on the bid to be right off the whole number either way great call Mike I like this one FSR is a short and if it ends up failing to dump off lower hold 17 Maybe we could get a dead cap balance, but for right now. I'm definitely Interested in this as a short. I like it All right, so we got At least FSR from our trading room here And let's see what else we got from YouTube right now a couple of us from trading PC got Asked in a few stocks here, so I'm just gonna go through these briefly They'd asked these throughout the last five to ten minutes, so I'm just catching back up right now I apologize, but I see LSD be covered be RFS Pushing up a little bit not a bad call It's up four plus percent So obviously not up for the not up to see it on the gainer side here just yet But this stock looks to be breaking 52 becais today Not all time eyes Ended up taking a huge hip going back into the pandemic last year It's a good call because it's one that we didn't really see up until right now So from our friend trading PC on YouTube here I do like I appreciate the shout the thing on this trade is that the volume really waned off after the move up So I'm not fully convinced of this moving up higher just yet But you know wouldn't be bad to keep it on like the back end there than your side list S cns we kind of talked about just before same thing from Dan F on YouTube X ERS Oh, this one's pushing up a bit, right? So another one that I guess it was moving up as I was going from top to bottom But ended up making a big push here so far. I like this. I mean, I don't know how I didn't find this before X ERS and there's also one that I've traded in the past that we've called out inside cyber group You know off of news or pops and drops in pre-market not every day But it's at least one that I've seen before. Okay, cool. I like it good spread good liquidity 19k order on the ask at 450 And TLR why under 18 worth watching? I don't know. I don't really I mean shortable near the lows down over 5% Right If I put this stock on the list, do I have to put every pot stock on the list Mitch? That's the thing right so unless if the sector is completely utterly getting crushed Which you know, it's down on the day, but it's not like completely utterly getting crushed I feel like we could hold off, you know, if you do well on till raid day to day Maybe you know slipped on your personal list But um, not really too much going on just yet From Lita. She's asking gray gr a y going anywhere asking that is The hell is this gray bug vision? I'll tell you this is a stock that I have never really, you know seen before But ended up making a huge dump off going back into the pandemic last year. I don't think we traded it then Man for all of the volume getting filled now and or from uh june 11th last week june 10th Two days. I was out personally. So I guess you folks ends up trading this stock. I didn't really even see this Pushing back up for right now a nice trend from 490 up to 514 Not fully convinced. I'll be honest. I mean, it's a nice trend. It's a cheap stock with good liquidity So if I'm wrong, I'll be happy to be wrong and it'll be a stock that I'll certainly watch and keep on my radar Going into tomorrow and you know remain remainder of the week But for right now, it's not up enough percentage wise and just for the pop and then dump off back on june 10th and 11th We'll see this make another run back up at some point and maybe it is today But for right now, I feel like this thing's going to dump off the volume just suddenly kind of uh Wayne down there over the last couple of minutes All right, so folks I think that's just about it running thin on time here 254 eastern time So I'm going to finish up and I post and tweet these pics right now for all of us live inside the cyber group room And for all of us on social media for all of us there on social media As always, I appreciate you sticking with me each and every afternoon Feels good to be back in my normal seat just doing the afternoon meetings You got Fausto back in his normal seat in the mornings We're back to normal But nonetheless though folks make sure to like subscribe notify right on our youtube channel youtube.com slash cyber trading you Otherwise if you've yet to experience our cyber group trading room feel free to join us Monday to Friday All you need to do just go right down to the link on the banner below just to get yourself started For all of us there right now like Norman and Lita and Michael the extra hundred of us on top I'll be talking to you folks coming up pretty shortly. Uh, I'll be back on the mic myself right around 330. All right Take care