 All right separate traders good morning and welcome on back to cap off our week here and top of the month Might I say to all of us you're live great to see all of us just inside the trading room Bob Andrea Jean Carol Ray Henry Bill Kevin Charles Nina Yahuda Bill Grant all of us joining us just before live and great to see all of us Rejoining us back on social media Facebook live or YouTube of course folks This is the last trading day before the 4th of July So you know of course just I know that we'll do the afternoon meeting later on today We have the whole trading day ahead of us, but I want to say from the top folks You know just personally of course I speak myself, but I'm sure many Americans here in our trading room feel the same I'm happy to be American. I'm so proud to be American and I'm looking forward to celebrating this 4th July weekend as are I'm sure a lot of us here markets will be closed on Monday So keep that in mind obviously with Monday being the fourth itself, but you know even if it was on the weekend I think that you would have had the Technical day off. You know whether it be today or that Monday. So Monday we are closed, but with that it's not just 4th July just coming up on Monday. We actually have Canada day today So happy Canada day to any of our Canadians in the Great White North above us here. We have later. We have Andrea we have a bunch of us if not mistaken I mean, I know later in Andrea are two of our longtime students here currently and we have a bunch of us Otherwise so happy Canada day and also today is also actually just independence day across the world Just you know, I'm in a few different nations. So now that just the more you know I never realized that so you know this whole weekend is gonna be a nice celebration of independence So with that in mind folks, let's hop to it here. Although we're gonna be celebrating today I'll tell you what this is going to be a very slow crappy market day and you know, I don't mean to sound pessimistic I don't mean to be a negative Nancy here, but I've been around the block here before as have Grant and Leda and Bill and Norman and Ron and Michael and a lot of our longtime students that have recently chatted us here So it's to say that we know that this is gonna be slow. Norman says summer is slow Yes and no, you know, normally the volume dips off heading into the summer traditionally But there's always opportunity in the summer. So I'm not as pessimistic about summer trading at this point. I Hey folks for all of us live inside the trading room, can you hear me for all of us on social media? One more time here. I think they were gonna be good to go here Fingers crossed. I don't know what just happened for all of us YouTube Facebook live for all of us left inside the trading room Are we good? Should be good to go All right, we'll expedite this meeting knowing that we have a little tech issue seems like so at that set VMRE is on the screen to begin with this is one of just a few stocks that were like kind of moving in premarkets It is a crappy morning. I guess a good day to have tech issues nonetheless, right? That's a blessing in disguise, but I was just saying before this is going to be a crappy slow day folks and there's gonna be a couple pops here and there so trust me We're gonna make the same call outs that we always make but for you as a trader Don't force anything out there. We always say that to begin with but This is like the pinnacle day to just keep that in mind, you know things are gonna get very slow quick I phrased it like three or four different ways, you know in the chat board earlier this morning with you know Just today's gonna be a good day to get some errands done, you know, it's gonna be slow out there Not a whole lot happening out there, right? So the VMRE trade is on the screen here. It looks like it's a new SPACs special purpose acts with acquisition company Some news regarding you know liquidation of like 1.5 million share buyback program They announced so, you know if this ends up pushing up any higher perfect, but you know I'll put it on our list, but even with this like it's just flat right now It's been dropping off after the pop. I did call out support on this trade off of 235 to 240 So now that is a level I have lined up just this morning on this trade now Grant says the REV Otherwise was a gift this morning the pop at least in the morning It was after like you know 815 going into 830 agreed You know We were really like scraping the bottom of the barrel to try and find some callouts to make folks right and again We're not gonna force anything so you know the chat board was relatively quiet for a bit and all of a sudden Grant and Norman two of her longtime students were you know noticing REV and hey It ended up leading to a nice breakout at the time Norman caught like 32 or 33 cents somewhere around there You know a couple of us went in and out on that trade for you know, 12 15 cent scalp You know hey for right now. This is looking relatively active to actually a lot more active in terms of the direction compared to the VMRE right now So now I'll put REV on our watch list, you know as well But let's go right from top to bottom here folks Let's just kind of quickly skim through and see what else we got We got a bunch of cheapies to top off the gainer side here I actually was trading the 8kba this morning out of all things I was hoping for this to you know really make a nice push up You know it took a while, but I was scanning through myself and this traded it broke above 50 cents So I took a quick entry right over 51 this stock like every tick is not necessarily a penny It could be a fraction of a penny. So that's what you're seeing on level two So I got filled at like 51 and a half cents or something like that moved up pretty nicely at first But then it ended up beginning to slow down and you know that was shortly after I even said you know Hey, it seems like this wants to make a push Well what happens when you take your foot off the gas pedal right so the difference between a stock and a car We know that you know joke that I always make a class well This is the exact example here right it ended up pulling back and going the complete other way Thankfully, I made a half a penny on this haha So you know it's actually on a decent share account made it up for like 30 bucks So take it but nonetheless though this stock just seems to be like any of these from the gainer side so far this morning Just lackluster not showing a lot of buying really at this point the Q and R the Q and R X is probably the healthiest out of these Cheapies just it moved up really well after seven o'clock Hasn't done anything since but maybe here it's beginning to show a little sign of life So, you know, I'll come back to the cheepies as I like to phrase them at the end You know see if this one you know looks a lot better FSRD was crap this thing was dead here this morning A boil natural gas ETF, so we're not as particular about the ETFs here, you know cold and UNG we ended up actually putting on the afternoon list because they were showing great direction You know, hey, this is showing some pretty good direction here, too. So boil natural gas Bloomberg ETF. Let's see. I don't know the inverse of this is but we'll take a look on cold I know you and well, I guess this is the inverse too. So I guess boil and UNG run together Yeah There's two different natural gas ETFs in particular All right, so I guess I'll kind of slap these on the list here, but I'm not going to be trading them personally I always like to kind of like just pull back the curtain and tell you what I'm trading I'm not as particular about the ETFs myself But you know, we have a couple of our traders in our room that do well on like UVXY SQQQ and you know even that cold ETF before so you know for UNG cold boil looks like all the natural gas ETFs are at least pretty active this morning UNG on the gainer side IMPP All right, let's hop on over to the loser's list folks. We're already dipping below 5% here So let's hop on over to the loser's side Coles down big so this is on the pre-market watch list going into the market open here Coles news I would assume earnings, but I'm just gonna double check Benzinga Pro because I thought they had earnings recently So coal shares are trading lower following a CNBC report from late Thursday Suggesting that the company has terminated sale discussions franchise group That's what we got there. It looks like there is something also regarding Cole says they reaffirmed the commitment to a 500 million dollar accelerated shares repurchase program So you know some headlines out there this morning. Cole's obviously, you know taking a huge hit this morning It is shortable. It is very flat since eight o'clock So, you know, I'm not a fan of the trend here at least across pre-market But for as much down as it is and as much selling as we've seen likely off to 29 level in particular Definitely, it could be a very good short opportunity once we see confirmation of selling. So Cole's I'll put on our main list here, too I could stick a quick look on like a Macy's Nordstrom is gonna be trading thinner so Macy's I'd be more interested in but even this it's like not really doing much of anything in pre-market here, you know, it's down a little bit trading a little volume, but Nothing too special about it. Chuck and Norman Norman first says NRSN on the move. Oh Tried to yeah, like Norman Fraser actually that way trying to move and then now big slam back down So, you know, I wrote this down my notepad this morning out of all the stacks that I kind of scanned through this morning You know, this was like one of like eight or ten Poliminarily threw down or wrote down on my watch list, but I didn't chart it and right now. It's only seeming to Look to break lower here going into the market open Let's see from Mitch on YouTube. He says BRQS question mark Yeah, that looks really nice interesting pop here after nine o'clock so definitely looks good going into the open BRQS This stock took a huge will run up first But then a huge hit afterwards falling off from essentially 55 But over time it rounded off around like 30 25 ish dropped all the way down to I mean, perhaps even sub a dollar here But you know sub two make a nice pop this morning. Let's just check Benzinga Pro to see if there's any news on this trade So this is like the only headline I have folks. So basically it says BRQS was a subsidiary I Guess that highlights a signing of a forty forty nine point eight million dollar Forty nine point eight million dollars worth of contracts in quarter two of 2022 in the state of Hawaii That's the headline that is there. That's all I got Hey big pop hopefully there's a lot more left to it But it doesn't seem like the biggest most important headline out there So if we lose momentum on this trade this could easily crash back down just be careful of that But you know that could be a great call out here going into the open if the stars could align if we happen to see support hold Norman says some volume coming in on that Q and Rx. So I forgot about that Yeah, it's pushing back up ever so slightly it was at 86 when we left off it now it's at 87 You know I'll slip it on our list doesn't hurt us to put the Q and Rx on our watch list at this point Not a fan of the cheapies as much but showing good direction here. Why not? Chris says Benzinga pro has a 50% off fourth July sale That's very important for at least any of our students here because you know we do You know use Benzinga pro here in the office myself and rich at least You know, it's a great help a couple of our students, you know have it And you know, it's really good for at least you know being on the ball for like real-time pops and drops So the more you know nice little fourth July sale I guess they have there All right folks, I think that just about wraps it up I appreciate at least most of us that join me at nine o'clock being patient to my tech issues I don't know what happened there at nine o'clock lost my internet for a quick moment All right, but hopefully that does not continue if it does at least it's as good of a day as any for for that to happen because again We're not expecting a whole lot to happen. You're the day before the fourth July weekend on on Canada day nonetheless, right? So, you know, just keep in mind folks once the month once the volume begins to slow down You know, we're not gonna really find as much opportunity. It's a good day to you know Get the gardening done get some errands done at least enjoy the sunshine out there if it's nice out by you It's like 95 degrees out here in Long Island. I think I'll be doing exactly that at 12 o'clock For all of a sudden YouTube and Facebook live I'll be back here later today at least at 2 30 Eastern time If you have any questions or anything that you would like to send over my way feel more than for you to do So I send it to Josh at ctu training calm It was like the post my email here at the end of the streams Fausta will be enjoying his day off I think you mentioned that yesterday morning as well But I'll be back here later on this afternoon if you wanted to join us inside our live trading room feel more than free to do So by going right down to the link on the blue banner below But for Henry for Grant Robert Ena Chris Norman Chuck and all this year live later included I look forward to talking to you folks right here at the opening bell. Take care Come a cyber group member today Just click the link below and receive all these amazing products and a world of knowledge for just $9