 New sever trader is welcome on back here this Wednesday May 17th shortly after 2.30 p.m. Eastern always at this time of the day Welcome on back here for this afternoon meeting great to have all this back here joining us inside our live trading room We had bell ron just before we had jith just a moment ago Uh chat mithlory just now john steven brine alex rovina dan phil kathleen ray Got a full house once again great to see everybody here and really with that said i mean we've had a phenomenal day today And hey i'm not speaking in terms of like josh in terms of me I'm speaking in terms of just the overall action throughout the entire market You know if it wasn't something that I was trading it was something that I was missing that was making a big pop big move up Uh with the spies been moving on up today, you know breaking over a 415 So a really strong level that we could actually follow going into the end of this meeting here Let me actually bring up the spy chart right now while we're at it On the left hand side there on the five minute So you can see a strong actually uh, you know move heading into the early afternoon there So with that hopefully the markets move up even higher Just for now the apld I just wrote it in the chat board a moment ago You know, hey, it's just about a good spot to take some profits You know some profits from the big level that we had entered off of off of six and six eleven You know whole number at seven the next one up So i'm expecting to see that hold a little bit as resistance You know for right now though Hey, you know if you take some out take some profits You can keep some shares in for fun on the side and see if this could break even higher up towards eight bucks into the close You know the next major level from there. So yeah, definitely apld I'll put on our main list to begin really quick folks What's the news out on the stock does anybody know? Normally I wouldn't ask this normally I'd say I couldn't care less Really does anyone know generally what the news is with the stock? It's a contract deal. It's a contract deal. I'll just say but What sector does anybody know? What sector anyone here inside the chat board on social media right now? John joining us right now saying well ai And he's correct and there's no better stock in the ai sector to focus on then well ai so apld and ai if you've been inside the chat board for the last like a couple hours a few hours at that We have been non stop on with these two it has been incredible You can see these lines that plotted throughout the pre market here at first I was looking for 25 88 as the major target major, you know home run Target level to follow across the day. All right hit it backed off it All right. Well it got out there and figured all right Maybe you just you know see it dump off lower there from that point end of the show Nope ended up moving back on up I ended up taking like one or two like losses in between break even dinky losses But every trade begins with the entry and if this could re break re break through a big level It affords the chance to jump back in and this has just been the gift that keeps on giving right? So let me tell you now. I wasn't really expecting to see ai now trading at 2670 today Let's take a look at the weekly chart the historical chart So to say and we'll see you know This was the 25 88 look at the close on the weekly chart there from early fed I've been watching that for a long time up and down with that that price level every time it's been near it So, you know, that's why I was so head strong with 25 88 this morning now though 2848 the next, you know green bar, you know really strong body there where it closed right near the high on the week 2848, you know the more this pops I could definitely see this you know pushing up towards there Hey, it's not definitely not unrealistic at this stage with where it's at now So yeah ai alongside the apld both, you know kind of in tandem Just for today though, don't like try and pair them up tomorrow, you know going into friday You know if you see it tomorrow then consider it, but don't assume it You know, it's nice that it's happening today, right? So we'll roll with it for right now ai and apld There's a stock now. I just went break even on lori. Oh no to Darn to stock it ended up just making a move over for 70 back over for 70 And I was calling it out. I mean I jumped in the trade and it pushed up so nicely at first And I was chatting with one of our students about and just like, you know, hey pulled back I even told her like listen. I stopped set right under 470. I'd rather not see it pulled back under there again Well, it took me out. So, you know, I don't care about the loss, but look at where it's at now It's right back above the level. So It's trying to lower us back in one more time for a squeeze up higher perhaps up to five, you know 470 is an extremely large level from earlier today on this to trade big halt Big halt from earlier today opening halt print about 120 000 off 470 another 65 66 000 right there too So how about that? You know what you know that this is a big level here? So, you know, otherwise right now the only thing in its way That's pretty damn big too actually bigger than the halt print The iceberg that was here at five. It's been playing around here between five and 480 five 480 five 480 So for right now, I mean hey to I'll put on our main list Just a little funny business happening right there, right? So just double check level four at that 480 level see if that 247 000 ends up getting filled Or if it gets pulled one more time We'll see what this could do that Muthu one of our trial members saying this market depth window is from interactive brokers. No my platform here Muthu is from trade station trade station is the platform that you're looking at Uh, just as a new trial member though, this is where I could tell you that you don't need trade station to do what we do You know interactive is a great platform direct access with great short inventory base they have a Program on their platform that is so to say level three It's actually called the book trader if you look into it Muthu But now either way that I'll say to Muthu and to any of our new trial members here joining us here Give a call to our office if you have not done so yet You're going to do yourself a disservice by not giving us a call there The your education advisor will be able to break down at least how this trading room operates like the lingo That's seen in the chat board. You know how our students and main members regularly look to follow And then otherwise they can kind of break down how we set our students up at first, you know regardless of platform or broker They're working on All right, so I mean I'll tell you what I want to go quick because I don't want this damn thing to run without me now This to trade. I mean look how tradable it is extremely tight spread liquid order book I mean obviously pretty cheap So this is like one of the best trades across the afternoon and we haven't even talked about the top percent gainer yet Have we the IMMP? I plotted this one earlier and I sure wish that I had my shares back from 190 190 entry Did not expect to see this make the pop it made today. That's for damn sure I mean normally you'd expect to see reversal time hit around 1015 1030 maybe on a healthy day 10 1045 All right, well topped off pretty much right there pulled back and flattened out I moved on After this I'll find something else to trade, you know, give me the apld give me the ai trade Uh vk tx could be a dark horse coming up in a moment But man, this is just another one that kept going So, you know, I didn't get my hands on this trade on the re-break But I know rich was all over this inside our chat board You know we were calling it out going into 11 o'clock 11 30 41 000 share iceberg on the bid at 215 rich wrote actually let me take a look at that Rich posted that at 11 28 eastern time in the chat board kind of doing a little search right there Ah, it wasn't there for long, but that's pretty interesting. Look at that There wasn't really much funny business happening there up until this order showed up for a glimpse about a 44 000 share order on the ask It got pulled right so it's a little, you know quick order in and out, but It's pretty well timed right very interesting how Shortly afterwards it had popped up, you know It maybe seems like there could have been a new order on the bid sporadically popping up here But otherwise that was really the beginning of that, you know, re-break and the run up higher It pays to follow the callouts and the chat board folks Especially when you're kind of looking at the big money in the icebergs that we're typing in there Uh now at this stage i m m p Let me get back to the uh real time. There we go Lower highs right So really quick for john and rod and laden and phil and dan cathlean Really quick lower highs typically equal what over time lower highs equal what Lower highs typically become lower lows right so Take it for what it's worth dropping off right now as we're talking Uh, I'll put this on the side list if anything, you know, maybe if it makes some kind of pop suddenly I'll give it one last look but We'll move on from here now really quick little like free game for all of a sudden social media today If you're inside our phase one stock course, which will be conducting I think in a week or so from now, you know, we will look to go over this once again But you know for a stock that makes a pop And then a drop All across the morning or across the morning into the early afternoon It's not worth it. It's not worth it. Uh, so when you look at smfl It's not doing anything right there the xcla Well, hey, it wasn't doing much of anything going into the dam meeting It's proven a little bit more life to it here, right? It moved back on up towards the eight level So at least with the recent run back up I don't mind missing like what was that a dollar worth of a bounce That sounds like a lot it actually is a lot But there's so many other stocks out there today that normally that type of move does not happen So I'm willing to go with what happens more often than not right compared to what happens less often All right, move back up. All right. Well, we missed out on a little chunk there, but Hey now at this point it leads me to ask what if this could re break above eight again So, you know, am I going to be as interested in this as I am on on the ai trade or the apld trade the much more liquid Stocks the stocks that have you know more consistently tight spreads No, I'm going to be more interested in those, you know, so I know it's saying that I'll put this on our list any for For any of our more level four or five traders out there Uh, let's see what else we got though here. Otherwise Each moving away from this thing. I don't know what happened there SLQT now I was chatting one of our students on this also actually just before I don't know if I put this even in the main chat Uh, you know, I was thinking that there was a chance in which this could pop over 188 And move on up to two So I jumped in but then it just really didn't go much of anywhere It wasn't really making like, you know the type of pop That I wanted to see it make and with how the others were trading apld ai and like I'd said I got a dark horse here in contention here the vk tx You know, there's a few more out there that are A lot faster a lot more volatile and require a lot more of my attention, right? So, you know, I got out hasn't gone anywhere since I'm very happy with that because Quite frankly, it's kind of a waste of time So, you know, maybe it could pop up a little bit higher into the close But we'll see if there's anything looking better the tsp looked better before not looking as good now Got a bunch of cheap stuff here a bunch of low volume stuff here. So I'm trying to skip over those bhc got halted off of news pending earlier news pending not even like a Upper downhaul rich. What was the news on this trade here? I could even post the news You said it was halted off news pending just earlier. Let me just double check here if I may Check the nzinga pro here coming up. Just give me a quick second the stock bhc got halted off of news pending earlier So I don't want showing you all this right here just to see Uh, it was a circuit breaker halt, but it was news pending with it though. So what was the news? They ended up announcing district court of delaware upholds final judgment of blah blah blah blah blah A little bunch of stuff I normally don't really care about so it looks like new drug application fda approval Or they prevented fda approval So ended up having a wacky move up and down afterwards topped off roughly around the 850 It is tradable Right. I mean tight spread for right now Pretty liquid for the time being it's not like a Ghost town out there on level three and level four It's within our price range Why not now with that said the trend right now is really kind of lack luster So it's hard to assume a move all the way back up and breaking new highs Hell this could be a better short into the close than anything to fill the gap perhaps So I'm not to say the gap but you know just try and break lower and pull back towards seven there you could say but All right, what else we got here open Normally a very slow moving stock. So it's at the highs here. That's not big So maybe maybe more eyeballs can catch on to this trade heading into the close, but I'll see if there's anything better Uh pack w. Hey, we all like pack w here. This stock has treated us really nicely On the way up and then on the way down actually as well and the stock was shortable back when FRC ended up like going through all their stuff So this is a really good short of time with the other banking stocks there the regional banking stocks But today, I mean it broke over 445 broke over 450 545 550 my dyslexia there Well, it ended up failing to make the big illustrious pop-up higher It had a good start, but then it stalled out and you know typically, you know, it's going to happen from that point there, right? So, you know right now at this stage, we're not really too interested in it Seeing if there's anything looking just as good if not better spy pulling back under 415 right now I mean that's just for right now, you know Hey, if we can get a re break heading into the close hell we could see a really strong market here all together So we'll see if there's anything looking better on top many sideless stocks that you see Type it in the chat board right now folks. Just let me know Just hop on over to the loser's list here coming up the mvst trade actually first the stock popped for us back last week I think and you know trying to make another run here today. So liquid order book. It's tradable make an afternoon trend Popping back up to make a new high. It's definitely hard for us to ignore the stock here mvst You know, I'd rather add this to our main list than like, you know, I am pee pee That one or I am I am mp All right, let's hop over to the loser's side here right now a bunch of cheapies here So kind of just gloss over them skip over them there really quickly Tls is a little shortable but a little too close to the ground floor perhaps Kd not really going in any direction there a bit Not going to find too much on the way up today would we Or not too much on the way down. I should say I'm really tripping over my words right now I don't think there's really much else on the loser's side with the way the markets have been moving up today So, you know, if there's anything that looks good all together here type it in Oh and oh and I know Michael called this out earlier this morning at the open just right now not going anywhere though seabays same thing All right, we'll take a look at like the the crypto stocks. They never really move well on the afternoons, right? And what I mean by that is like from this very point forward You rarely see them make the larger more illustrious big pop into the close Not good. Could you get 10 cents from here 12 cents from from here? I'm certain you could you know, so don't get me wrong. Mara and riot coin base. Perhaps all trending up really well I actually have more interest in riot with the Mara subpoena that came in like a week ago from the sec You know, obviously Mara is having a good day today. It's even up more percentage wise But I have a little bit more liking to write just with that news headline that came out Coin base too expensive for this move right now. It's doing crap Uh Block sq stock that is affiliated a bit with crypto But also just overall, you know payment related type of company And I've been a big fan of them actually from like a week ago since their earnings So, you know ended up making a good move up. They pulled back at the time But you know, again, just wanted to take a quick look here You know Ron got out on a al american airlines just earlier today off of 15. So good exit from him AI trade shaking around right now, but definitely still on the top of her watch list here this AI trade Oh the dark horse. There we go vktx. Ha ha there we go So from yesterday we ended up seeing this break all-time highs ended up pushing up pretty nicely So you knew you knew that we had to focus on it a small bit today So it wasn't really our primary focus in pre-market. It was doing nothing in pre-market very thin order book actually So, you know, I focused on AI and apld a lot more at first But you know, hey, I was kind of scanning through book map going through it and you know, it already broke over 24 at the time I I missed out on this move here from 24. That was the larger level to focus on today I was looking for a pullback and never gave it to me So I ended up looking at the next level So 24 50 is is the next level and then really from there it's the closing print from yesterday closing bell print off of 24 65 which seemingly is the Regular session high of the day today for the most part right there So that really is the big level for this to break over if this wants to make the new run-up that it you know started from yesterday I you know right now. I'll kind of put this on the side list Just because I'm you know a little fan of it personally doesn't mean I'm going to like try and force us all to watch this It's got a bit of a spread. It's like really flat right now So should it hold 24 50? Perhaps there's a chance to see it pop up over 24 65 If it makes a clean break over 65, then I'd say there's a real Opportunity there But otherwise I'd rather us focus on like the mvst The apld the ai etc etc All right, so let me know what you got here for me folks just for later john grant michael wendy So maher just checking the chapel right now. So there we go wendy wendy was on top of that uh maher right Both the xcla trade right so I you know had that on our list But kind of still on the back end If you are a level four or five trader you should seriously look to follow the stack If you're not a level four or five trader, let's just say if you're not making like you know At least 500 bucks a day with us I would not want you to be trading the stack So that is for you to decide as a trader that is a blanket comment just generally We got a bunch of us over a hundred of us inside the live trading room right now But the only person you'd be lying to in that sense would be not to me but to yourself I don't want anyone to get sucked into this and get stopped at them with a huge loss and you know They're already timid and uncomfortable to trade it Focus on a slower pitch as uh, you know not to say a new student But someone who is just still getting their groove with ctu I would look to follow a stock that is much more liquid than this So i'm going to put it on our watchlist for any of our more experienced level four or five traders, but Again, there's plenty of other stocks out there folks mvst apld ai to Got riot out there mara right all those look decent So, you know a big watchlist to work with you're heading into the market close folks. I look forward to it I'll be actually here up until the closing bell got a 330 coaching call going into four o'clock So I actually will be here that is the truth So any questions feel free to private chat me if you're inside the live trading room Otherwise if you're on social media, I appreciate you folks joining us each and every day each and every afternoon Any questions feel free to shoot me over a quick email on the side as well Josh at ct trading com and then otherwise if you wanted to join us inside our live trading room Just for the week go right down to the link on the green banner below Just on the bottom of the stream there to get yourself set up and started But for later cathleen michael grant always great to have grant back with us here as well and Ryan and lita and dan and jith phil ron and all of us just joining us Hey, I'll chat with you folks coming up soon. Take care