 All right, folks welcome on back here this Wednesday afternoon March. I'm March G's May She's tripping over my words already May 19th not March a couple months after that already at least welcome on back here for our afternoon Meeting good good to go alongside the trading room great to see Ken who had actually just left for the day Phil Deborah F Debbie Ray Michael all of our students live inside the trading room Of course if you're joining us on Facebook live or YouTube welcome on back All right, we got class ahead class ahead phase one lesson four lined up for this afternoon for all of us that have access inside the trading room later today But with that we got a lot to jump to and to begin. I got to start Bitcoin. So really Get the chart up to begin. I can't take too long on this like I just said, but I like to show the good And if I like to show the good I got to show the ugly I can't believe that this ended up dropping as low as it did today down to a 30 flat $30,000 flat on Binance exchange ended up squeezing back up from there If you've been listening to me over the last couple of weeks really at this point Even when it didn't really make the drop at first. I was forewarning for a drop down towards like 43 42 I lowered that down between 41 to 42 over the last week So as it was coming down here, I wasn't really too shaken by this drop and I even said hey if I'm wrong with this Which there's a great chance that would be I didn't think I'd be wrong as I was I don't think many people at all expected Bitcoin to drop even under 35,000 this morning I don't think anyone really expected the news to come out regarding. I think it was the the China government putting a Warning on crypto related Services, I think let me just get the full snippet here The People's Bank of China issued a statement on Tuesday cautioning against the use of crypto currencies as a means of payment Despite the fact that Chinese officials were merely reiterating their previous stance on trading virtual currencies the news seemed to deepen the existing sentiment of the market wide fear Yeah, you'd say so so that that's what led to this massive sell-off I mean at least going into overnight and then of course, you know trickling into this morning I ended up adding more overnight yesterday just under 41. I thought I was good to go there even with a bit of slippage I figure it'd be be back up pretty close going into the morning But who ended up seeing a big drop after that I ended up saving a portion of my position and this is risk this I don't recommend really many to do unless if You're already up a large Percentage, you know comparative to when you first started jumping into crypto myself My first buy on crypto is back from April of last year April or May And then I started going deeper into June and July in August and after that I stopped really adding for quite a while I I added here and there and just most recently yesterday. I Ended up actually taking a very small amount of my stake and I ended up putting it actually into a triple leveraged token for Bitcoin I ended up doing that a little bit after it ended up bouncing off of 10 30 So it's not on the Binance exchange I have it through another exchange called Ku coin KU coin ended up getting in as it was like blasting through 33 34 here And it's a triple leveraged token So it's to say I have real confidence of this bounce from this point here if I'm wrong Well, I'll be down a little bit from that point, right? I'll still be up in total from where I'm at or from where I started back from last year I want to bring this up not to talk about me But hey, I've been talking about crypto for the last well not year I'd say probably for the last 10 months I've been talking about it publicly during this meeting if you've been tuning in over the last couple of months hearing my confidence my Bullishness across the next year of next many years really, but you may have been jumping in Well, you know to see this drop off here You know, hey, I'm in the same boat as you folks here in terms of this drop I'm expecting a move back up very shortly, but we'll take it day by day, right for right now At least let's just jump to the hourly chart. I do like to show the hourly more the six hour So at least for here, you're gonna see some pullback. We're not out of the doghouse just yet I don't think it's gonna squeeze back up that fast. I told you folks this time last week It's gonna go one of two ways. It's gonna be either a slow grind back up or Back down. I didn't think you were gonna get this drop though So again, I think that day by day will begin to see this hold higher lows begin to make a better pop over time soon enough You know again, we'll see alright, so with that in mind I guess we'll just check in on Mara riot cannon the other you know, Bitcoin blockchain related, you know companies So Mara ended up making ice squeeze after the market opened up today for as down as that was ended up moving up With the spy you could say the markets all together ended up moving up and a lot of stocks ended up You know following the Dow and the S&P You could see just after the Fed minutes meeting as the spy was shaking around quite a bit Mara started to break off of 21 I was fortunate here. I ended up looking for the short. I actually forgot about the minutes meeting Actually the second I got into the trade I didn't have that in mind and then I looked at the spy and like cheese That was pretty stupid to do honestly, you know any tour any sort of trade right after the Fed meeting I just like to wait to see the smoke and dust clear Fortunately, I waited for the pop and I went short as it broke back below it and it paid off But yeah for right now, I mean given the volatility altogether on Mara and then riot cannon Etc. I don't mind just putting these on our main list just to begin You know if Bitcoin does make a squeeze back up then I'd imagine these to you know move up higher So it could be interesting to follow riot and Mara and cannon like I'd said Jeff asking inside the chat room here Yeah, but why give it back? Oh, I'm not selling Jeff. I'm not selling my Bitcoin At all, I'm just mentioning in terms of the drop if people panic sell That's very understandable. I mean I did that back in 2017 I mean back in 2017 with Bitcoin that became more mainstream at the end of its bull market So everyone got trapped off the highs there myself included got got killed At this point now you live and you learn so yeah, I miss I'm still extremely bullish on all these Bitcoin in particular I mean Bitcoin crypto Bitcoin Cardano light coin, you know if you're in you know all of them I'm super bullish on long-term. So you know day by day. All right, so we'll put these on our side list for right now Maybe maybe Mara will make the main cut. I do like trading Mara a bit more It seems like it has a bit more volatility to it compared to riot even We'll go from top to bottom see what else we got Mosey leading the Ganners list here up third up 37 plus percent Ended up making like a really sharp move up early on today We talked about this inside the phase one course talking about best and worst times the data trade So, you know to see this doc accelerate as fast as it did going into 10 15 10 30 What typically happens around 10 30 Reversal time so it ended up dumping off shortly even before that but Really hasn't gone much of anywhere since trading within this range, of course between like 480 ish and like 540 But hasn't ended up making that big move back up like we would want it to so it seems volatile enough But for right now I'll kind of pass on this if it ends up making a big pop as we go through then I'll definitely you know reconsider ll it Ended up trading this stock I mean you could see from the daily chart back from what what appears to be like february here on this massive squeeze up and down But I feel like more recently we more recently we ended up trading the stock It was probably just after us calling out the dump off here maybe expecting a dead cat bounce after Ended up making another pop here today off of I mean my guess would be some sort of news but For right now, it's just trading two sideways big spread here points not worth it 80 excess cheapy ended up making a nice move today at least in pre-market going into the open Ah, the shoe's gotta fit here, you know a little too pricey a little too Inexpensive this one too sideways. I mean we gotta find cinderella here. Let's see What's up with this a e h r trade? It's at the highs. I guess a little spotty of a chart Rail former runner from yesterday Oh, no, no, I'm thinking ride rail. We ended up trading too right I was the one one I was thinking of rail ended up making nice move up earlier today ended up dumping off Though of course like right after noon time. So pass on this Uh, let me jump let me just jump to ride while I'm at it our ide This was the one I was thinking about ended up making nice squeeze kind of the same move This ended up making a big move back from yesterday from the afternoon actually back from monday of this week with the s and p You know down big in pre market uv x y ended up It ended up moving up pretty nicely going into the open ended up popping dropping making kind of the inverse move Is the spy as you could see there I don't mind. I guess slipping the ETFs on there just given overall market volatility for the day All right, at least this one's close to the highs this one's cheap It's not too cheap, but uh, you know good spreads nice liquidity on the book Finally at least one that we'll put on our main list the a r PO stock pretty slow But we ended up following this dating back to monday this week ended up making a higher high of course from yesterday and Right back at it again today. So I don't mind starting off putting this on our list Vvpr Oof ugly I took my eyes off this for a bit So I was kind of excited just to see where it would be heading into this afternoon And just totally dumped back down a little bit of a squeak backup for right now. I guess trying to show off Look at this thing go right now right in front of us here from 7 30 all the way at 7 75 7 80 Oh, maybe it's trying to prove me wrong here. All right, I'll write it down come back to it I'm not really gaining my trust just yet Let's see what else we got here on the gainer side here Whole bunch of ETFs probably reload here in a second You got seal s eel ended up taking a huge hit from earlier this week Maybe a little dead cat bounce here a little slow All right. What else we got hymns h i m s a runner from monday. I thought it was ended up closing near the highs Oh, no, no ended up making a run ended up dumping off. I guess after but ended up moving back up again today Dumped back down trying to make a bit of a rounded bottom seemingly off of 10 60 10 62 you can call it Moving back up You know, it just seems like it can be a bit of a move But right now just trading pretty light volume per minute about three to four thousand shares per minute. That's pretty low All right, so you know what I'd imagine there'd be more on the loser side anyway Obviously you see canon here number nine mara and rider right there as well. Let's just go from the top to the bottom here Got this crazy symbol. What the hell is this j z x n try saying that three times fast Uh ended up dropping off. I mean, I guess this is a new ticker new ipo or new direct listing either way Yeah, I don't know. I don't know much about it right now. We're gonna pass All right, so the i ova trade I remember later called out going into the late morning early afternoon Fantastic call from her. I saw her pick up some money on the short I saw a gene pick up some money on the dead cap bounce after from 17 i ova the news out on the share stridding lower after the company provided a regulatory update For A word that's above my pay grade potency ass a ways or whatever Following the update and this is the more important Note following the update the company ceo resigned So Yeah, I mean not doesn't sound too good right ended up leading to a steep drop off going into the uh late morning early afternoon It's hard to borrow on trade station. Uh, if you're on a different broker, maybe you can get the shares to short it I don't mind slipping this on our list just near the lows of the day here If I can't short it doesn't mean i'm not gonna put it on our list I'll put it on our list for anyone that can right Down big Kind of flat now, but you know, we'll look to see this break, you know down later on today perhaps All right Let's see what else we got. Oh another bitcoin stock btbt This one doesn't really trade too much liquidity compared to the others It's at the lows it's shortable spread is you know pretty well contained today actually All right. I don't mind it btbt. I meant to click uh canon here This one's taken a hit too p a s j I'm canon at the low of the day right now. It's been grinding on lower here so far Maybe this isn't moving as well compared to mara or riot or they're not holding up as well Uh to their highs I reckon I guess mara and riot may be moving more at the s and p or just the major indices compared to canon And certainly btbt probably the e-bond stock too Uh, you know what? Hey, they're kind of moving together here canon btbt both the lows both shortable Here's our e-bond stock probably making the same move. I just pretty flat All right, a couple of other familiar names here on the loser side here folks. Vips. I thought this was off of earnings alcoa corp Ooh at the low of the day right now a nice move on alcoa on the way down I would imagine big support to be off of 35 50 if ron w one of our students is Listening to this meeting is probably pretty happy with seeing this a h8 down. He's probably short For right now definitely alcoa definitely a good stock to watch here so far Alcoa shares trading lower on above average volume Equities across sectors are selling blah blah blah not much really company specific wise on this trade But man, we'll take it as a short on the way down All right, I'll tell you that's it across the loser side folks We already got to mara and riot at least you know keep them on the side if you do well on those stocks day to day Then I'm sure that you're going to have a focus on it yourself Got one of us on youtube saying today's uh momentous is probably the single worst losing day that they've had as a trade I'm sorry to hear that um, you know, I took a bit of a trim in my Profits slash net worth. I guess you can call it on cryptocurrency from today Uh, thankfully bitcoin did squeeze back up quite sharply off 30 000 So hopefully the worst has already happened and Hopefully we're right back on our way back up over time, but uh You know, I think everybody had a nice healthy dose of pain today, right? I feel Less if you were short then obviously you're a big winner, but uh in terms of swing trading investments. Yeah, it was uh pretty bloody out there All right, folks So with that in mind, let me know if there's anything else up down left right more than like five percent That you would want me to look at here before we sign off. You got a ping on dust dust inverse uh gold mining etf bearish gold mining I should say So dust is at the highs of the day here Looks like the uh spy might be beginning to pull back a bit more hasn't really broken lower just yet But after the uh minutes meeting ended it squeaked up slam back down a bit So I feel like that can lead to continuation here heading into the next hour and 15 NEM taken a hit with that in my new month mining gold mining equity Sand to the low of the day Ah, you know, unless if you're following duster metals really I should say just generally like I don't think there's much else This is a mess neo F cell That's it folks not a whole lot really to write home about otherwise Let me just check back in on a few stocks before we sign off the ones that I said we're going to put on the side You know mara, you know good sideless stocks still maybe if that can make the break over 21 later on if the markets move back up That moves back over 21. Perhaps that could be a play Uh, mozi seems to be the most active out of the Ones on the side. This one looks like crap. I don't know. Oh, this is the one that This is the one that I said I was like, oh man, this thing is trying to show off in front of us And then uh, I said, you know, I don't trust this yet. I said, I'd come back to it It's like, why did I even put this on the side list, right? Got her guy mitch on youtube saying uh tea at the low of the day Yeah But I feel like that's dropped off so much How much more is it going to move across the next hour and 15 What I mean by that is I mean, of course tomorrow and the following, you know parts of this week this might just keep dropping but It's been kind of just taking its sweet time here. It's a good stock to trade good sideless stock, mitch Um, it doesn't have a whole lot of volatility to it just yet I'm gonna put canon and btbt on the list because those are a bit even, you know cheaper and slow too So more like level one level two in that sense You won norman's calling out here at the bell. Uh, nice squeeze up Up 11 trading under a million shares, but still enough for us to consider at this time of the day Uh, good spread for right now. Good liquidity on the book for right now Don't mind it. I don't mind putting this on our list here norman could call on the uh, you won for the meantime If it doesn't pop, I'm gonna blame you though. I'm kidding. I'm teasing That's why I brought that up folks for all of us live inside the trading room like earlier this week I was like, you know, hey, we don't control these stocks that we call out, you know Hey, if we Call it out. It should be for a good because of a good reason just like norman said. Hey, you want it It's at the highs of 11 12 percent good spread good liquidity We don't control the stock. We have to react to what it does So if it ends up dudding off from here, we'll try and move move away from it pretty pretty fast If that happens don't want to watch the grass grow watch the paint dry when there are other opportunities to trade going into the afternoon All right, folks so with that in mind in total we got uh Two four six, and I'm gonna tag mosey on as the seventh so seven stocks to work with Heading into this wednesday afternoon for all of us in social media If you haven't checked out our traders talk workshop on our youtube stream or on our youtube page now rather at this point Make sure that you do that that's on our youtube channel youtube.com slash cyber trading you Probably one of our most recently updated videos. That was our weekly workshop that we did live for you folks just yesterday So we try and do that a couple times a year. That's on our youtube page now All right, aside from that feel free to join us inside our live trading room Just by going down to the link on the banner below just to get started for all of us there I'm going to post and tweet the picks for all of us there I'm going to copy and paste the link for class coming up pretty shortly thereafter I look forward to seeing you all there. Take care