 Welcome back cyber traders on this lovely Wednesday. Good to see you all everybody. Hopefully you're on those having a great morning. I know I'm excited today is going to be in a very educational exciting day. We got a lot of events going on. We got Kathy Lynn is going to be here today at 11. I am going to be doing an open house talking about how to day trade today some crazy markets. Heard some really bad news this morning. Want to talk a little bit about that regarding about their projecting a predicting a recession going into mid 2024. And you know what next week is going to be the play because we talked about it in the last couple of days the bank stocks are getting crushed. And now they have earnings announcements next week. I'm hearing more and more about them talking about them you know over social media and also on you know on the networks TV network. So a lot of issues going on but we're going to have some fun talking about those. I want to kind of talk about what happened yesterday. Listen we had a great class yesterday. So phase three if you missed it the morning hours were you know that I did I adjusted a great class to if you're one of our students make sure that you watch it over and over again the first lesson. It's really not so bad not so great. Yesterday morning phenomenal and talk about those stocks too. Now if you're watching on social media anyone here just make sure you like his friend as follow us also will be you know like I said you can click on that little qr code on a top left hand corner. You can scan your phone you can be joining us for some of these big big events that we're having so it's going to be a very very exciting week. More or less a day today actually with all those events going on so I'm really excited about that and also we are going to be broadcasting live so do not log out. We will be broadcasting live all week up until 1030 so you get to see what we do in the morning. In the meantime let's talk about what happened yesterday because yesterday was a pretty exciting day. There was a lot of good stocks out there and I did like I want to talk about a few of them before we start talking about grom and all these other stocks out there. So Revion had a nice little move yesterday and you could see it had a huge pop you could see a ramp from 21 all the way to 11 o'clock up until $23 that stock did really really well after taking a little bit of a correction back in August went from like 28 down to 20. Listen, it's not a huge runner we had better ones out there but that one was pretty good. Vino was probably probably one of the best trade of the day. That was absolutely fabulous. If you watch on social media if you hear in the morning that stock did unbelievable start at 9 o'clock you could see how that thing ran from 230 all the way to a ripping $4 a share. And then it kind of died out a little bit 15 minutes into it and this is where you had to get out I mean everyone should have been at least by 340 at 3043 cents. We saw iceberg orders out there we saw the stock backing off and if you didn't get out listen if you got out here you did great you know but great traders. Once again, we never buy at the bottom of never sell by top you always buy in between. It's those right there is where we usually buy and that's where the focus on but that was awesome to couple of the stocks also that did well with the electric stocks Tesla did also did pretty well on that bounce and then they have the ETF you could trade if you can't afford the stock you could always trade ETF trade side by side with it. And a and B moved up really nicely in the afternoon to that ran from 102 to 104 so there were not that many super cheaper cheapy stocks yesterday, but for what we have we had a pretty decent showing on some other ones oh PLTR was another one to if I mentioned that one, you know not that super expensive that that one did pretty well, a little bit of a move there. All right, so that's what you missed. Let's turn the page. Let's focus on what's going on today. Once again, market right now is down about 102 points for what we could see I told you that once we broke this barrier we're going to probably going to be testing these lows which we basically did right around here right around these lows right around here was at 20 on the doubt 3209 right now with 33. So we did bounce back a little bit but we were going to test it regardless remember when you always learn about what we teach you in trading. Everything trades exactly the same. You have barriers. Okay, and you got to break those barriers barriers that are actually built on iceberg orders that are also program trading algorithms dark pools all that stuff. So once you break those barriers you know that's what you had the low you know that's you got to focus on you could see what happened with the Dow how it got close to hit that support shop back out hit that support went right back up but yesterday is going to be the with the bank stocks and I'm telling you from what I could see. I'm not I'm not sold. I mean I'm not sold interest rates are up. Thanks again you know hitting people up with interest rates students loans are going to start being paying off these people you know so it's happening is that instead of you know everyone was rich for the past two years right everybody's getting paid off the government and now that got to pay those student loans back well you know what maybe I'll take that trip to you know cancun or something like that or whatever it may be and now all of a sudden got to pay that back but don't have the money coming in. So the interest rates I got told you I told you the other day I got it you know my son just just started you know getting credit card you know obviously he's got a job. They hit him up for a first timer at 28% interest 28% interest that's unheard of. Okay remember you with everyone was living the dream for a while for so many years with free money you know with the homes at 233% now you know lines of credits are at 1112%. You know what I mean so listen the rooster rooster came home the roost okay so that's what's going to happen and that's why day trading for everyone here you have to remember is the most important part of this market because the leader sense robbery what we do here okay you have to understand is cash is king. All right you know is going to get killed the people are swing trading the people are doing the options trading you know everybody out there is trying to catch that bottom but us as day traders. We always find that we always do the best because we're always cash at the end of the day we're going to capitalize on these catastrophes unfortunately catastrophes are our most success. So make sure you take those classes make sure you're there today and then we'll and let's let's just get prepared for it anyway that's the future. Let's talk about today couple of stocks are moving this morning I want to talk about obviously there's a buyout so we're not going to go anywhere from there. SP just showed up on the watch list gapped up buyout not interested but then you got GROM now GROM. I was checking over here on level four and I'll see what's going on now we got a couple of big we have a little bit of an iceberg order nothing crazy over here right around a 248 price range right around there you can see I kind of hit it back off. Not not super sold on it you could see how it's been doing that ever since 530 this morning it's been testing that little channel right right there. So if we could get past that we could see some nice little move on the GROM and we trade the stock last year a lot of you remember this back last year we're from 26 or 80 you know but my God this thing got hammered right crushed the SME IPO you could see it's not that much data you're going to be trading this online tier size is going to be very small. FEMI FEMI is back in there huh FEMI is up about 18% 3.2 million shares be careful of the FEMI I told you we saw the stock it ran from that gap up from that 50 cents up to $5 came crashing down to two don't get cocky don't hold this too long you know what if it's volatile we'll play it if it's got but take the money and always run that's we always teach you okay SMX stock got crushed 120 down with $50 my God this thing is security matters I think the stock price matters for crying out loud that thing is got hammered maybe we're getting a bounce maybe this could be the bottom I don't see anything on level 4 though volume is at 74000 shares put that on the B list VFS stock went to 100 came crashing down to 8 it's up a little bit 8% 800000 shares I mean I put it on the watch list because we are at number 8 and we're at 8% that is terrible. I mean I mean 6 7 I mean we sure we have we should be about 15 20% this is the 20,000 stocks are out there not looking too good so far on the NASDAQ gainers any good shorts going on. Don't know if it's on your short list with CNBM breaking 52 week lows so I always you know that you know that you know the line I always tell everyone how much lower could it go well the next price could be zero you know that's. Little little thing everyone has got to realize that happens Vmo there is that stock that we traded boom what do you know it's back on the losers list you always find them what do you know Reverend Ravion back on the losers list after a big run up. New York stock has changed anything happening over there 300,000 shares on this EU RN. Nice little pop just now I think it's a little big spread big move right there look like it's testing some September highs. I don't know it would be on my B list. I'm not complete sold on it. MSO X garbage. No trend there LW hundred dollar stock not interested all these stocks that are moving in the big on in New York. We don't always expect that not really that much going on there any losers out there. Nothing there also. So what are we stuck with just a few stocks here LGVN I kind of like I saw that like I said this stock on the other hand it's got good volatility on it it traded 5 million shares it gap up earlier early this morning at 7 o'clock it's on a downtrend so whatever news they came out with is obviously not. Pretty exciting you can see some orders showing up right around here. Around the three twenty guys showed up here right around at little past nine for about four thousand eight thousand. It's okay. I tell you it's you got to be careful markets down earnings announcements are starting. That's going to make a big impact in the market. My biggest concern right now is depending on how these banks react to it going back to the S&P just to let you know we have major major major resistance. Right above that forty one thousand forty one hundred we get past that we're about a hundred points away which is a lot on the S&P OK that's a lot. All right we went from forty six down to forty two and it took about a month we could do that in a day. Very concerned about what's going to happen with earnings announcements but just remember day traders this is where you shine this is where cash is king this is where you got to focus on. You know getting ready for those opportunities so make sure your stocks. Make sure you you know you're able to short certain stocks you have out you know you have access to it check your broker but the most. But we have to learn a little bit more about that so today is going to be a big lesson day and I'm looking excited about that. All right so let's get ready for the open. We're going to like I said we have about 15 minutes for the market opens up if you're watching on social media. Don't go anywhere we're going to come back alive in 15 minutes do not log out. We're just going to do a quick moment of silence. Most likely go get a cup of coffee probably and then we'll be back right after that. All right guys don't go anywhere we're right back and everyone else good luck and like where we say you see something you say something. Thanks everyone. Which stock it wasn't on the list that just came out of nowhere. It's going to get halted. I just keep it an eye on that's halted just broadcasting in two rooms Josh I know if you're in the rest stream that's all I'm asking. So we got the halt on the stock right here on via semi so we got that won't keep an eye on that one right there. Geez anything else moving. Everything looks like it's pretty. Wait the first five minutes. Chris wait I didn't expect it to be exciting. I knew this was going to happen this morning at the wait till something pops out of the blue spreads a little big on this one and may I a room is looking like it's moving pretty well. Nice little pop on that groom. Oh yeah definitely big pop iceberg orders all over the place on that one. Big order just got just big iceberg or just showed up at 250. Here we go. I thought there's probably only one that was probably going to be moving decently actually. At a mall that's what I had on top of the list and move quick over here. We're getting close to all right it just slingshot right on that 250. Looks like he's getting filled 15,000 down to 16,000. It's testing them. Yeah I see that fast I'm here. Yeah I have no idea what happened last like few minutes there. I just reset up everything here so I don't know what do you look at faster. I'm looking at the G.R.O.M. We're just watching I was one of the stocks in the morning. That order just got filled. I mean we still got wait the first five minutes but that one look like it just made a nice little pop. Yeah everything else like tanked pretty much. Looking at a few different sideless stocks. Tesla obviously pushing up once again right now making a hell of a pop. The TSLL obviously is moving with that. We were following that yesterday. You get the market being down 100. It looks like we're up now with five or six. G.R.O.M. trying to make a move right now. Man this thing is volatile. Yeah now you got 44. You got a big iceberg now at like 255 just showed up. That's not looking good. 254 about at 22,000, 23,000 share iceberg. Is it the same guy that was out there before? Oh no he's on the offer now right? Yeah he's on the offer now. Rivian getting destroyed. That has been a great short so far. You know you would love to see that happen that way. Dropped off from earnings. They're down. They don't always break down like this so nicely. So this has been a great short Rivian from 21. The iceberg just got pulled on the ask on the offer from Grom. Yep sure does. You know I'm just looking at some of the stocks that we've been watching for a while and I can't believe some of them. I really had thought that after all this money is getting put into electric cars and all this government funding charge point it just showed up on my big losers list. Tesla is flying. You have a ladder effect on the bid right now for Tesla. This 51,000 share iceberg just moved up on the bid. From 259.30 up to like 262 and change. So you can trade the ETF or the TSLL for somebody out there. Can't afford a $260 stock. But Josh we did a couple of options. Day trade options on onsite. That was pretty cool. Yeah exactly. We were going over that even yesterday. Going over that two days ago. Losing track my days with being sick. But traders talk when I came back we were discussing that as well. Just even after the onsite. And then trading the options of them. But we always say it every time. You got to follow level three and level four in order to get the entry that you want. So we're commenting on the ladder effect here. But you know Tesla you probably should have jumped in once it broke over 261 at first likely. People don't realize you could trade. You could day trade options to like they never thought about it. You know I guess the same thing about swing trading people like you could day trade that stock. Well one thing actually really quick since you just mentioned. I taste Thursday right. So you know I'm not trading options right now. I've been out of the loop here a little bit. So probably in a little bit I'll set everything up. But if I do trade options say I'm going to push the expiration date back to next week or the week after even taste Thursday. So if you set the expiration date for tomorrow. Friday. That's dangerous. That's pretty volatile move. Exactly. It hasn't tanked. No it hasn't. I might go on a short. Some shares on EURN. One of the pops from earlier this morning. All right here we go. It's trying to squeak above that price. But it's got to break like really higher though. I can't just meddle around here anymore. Josh you see what happened to Mara. Oh yeah. Good thing I didn't go. I was so contemplating doing a swing trade on that stock. So can I get back into it where it got crushed and sure enough just tank. Yeah I mean we're so that we were talking about that at the onsite then also from a couple of days ago too. Like I've been saying from like the last month and I've been wrong on this I guess to my advantage that I was expecting Bitcoin to tank. It hasn't really. So Mara has only been dropping on its own accord and with the stock market obviously the last like couple of weeks or a few weeks. But makes me wonder what's going to happen to Mara when Bitcoin eventually does crash back down. So I am very hesitant. I'm not touching Mara right now at all as a swing trade at least as a day trade. Maybe a different story. I don't know I heard people thinking like if we do hit a recession Bitcoin might be a good buy. Because of the inflation and the money that's missing and everything else. Yeah but. That's what they've been saying for the last like year now at this point is we've been in the bear market. I don't want to go too deep into it but it leads you to ask like you know is Vanguard buying is BlackRock buying have they been this whole time. You know like I feel like they should and they have been right. Uh huh. But where's the pop. We got a pop on VSM either rich Ryan and Wendy both commenting on in the chat. Looks like it just reopened up. Or maybe get halted again. Not yet. Looked like it was about to. You see the time in sales actually. Now it is now it is. There we go. Yep. The only reason I didn't like this stock like early in the morning is just that it just you know like I said it just came public now to a couple of less than a week ago. Yeah one of our students mentioned it at first like you know when it came off its IPO and you know you had to be very straightforward where. We don't trade IPOs that often and if we do it's probably because it's like a much larger company. You know Instacart unfortunately they tanked but you know we were saying maybe they could bounce over time. You know see this stock pushing up already it's at least cheap so it's breaking all time highs or it looks like it's going to. This could be a nice trade over time now. We're just calling big huge iceberg going right beyond. Oh yeah. There we go. That would be a good one to show coming up for you at the open house today. Mm-hmm. Yeah it's 250,000 shares right now on the bid at 20. Grom is starting to make a pop too. It just popped up towards 275 and then just pulled back though about 10 cents so it's got to keep holding the higher lows. I think Grom looks strong. I like Grom. A little bit of a nice bird right here at 280. That is you right here. That's a good setup right now just one of our sideless stocks so Grom is the better attraction but just strong level on this IONQ at 1477. It's like been pinning up against it for actually just shook down right from it hit it perfectly and then tanked. Goes to show how strong the price is. I'm going to buy a small lot of this Grom and then if it breaks out I'll. I'll average up. But let me just look at it on a long term short. You know what Josh we're in a gap fill. Let me take a look. Yeah we're in a gap fill right here. Yeah back from July. Yeah. No I'm sorry. I don't know why. Back from September. That's a good sign. $3. I see some orders showing up at 280 and 3 bucks. It's consolidating. We saw this yesterday happened in phase three and you know everyone that took the phase three class with me yesterday. We were looking at this yesterday of a stock did the same exact thing. Guys adding to his order at 280. Somebody just canceled some of their orders at 76. The Rivian trade crashed into 20 and just started to make a small bounce off of it here. $15,000. $10,000. I don't know it's consolidating. Someone just added more shares to that 280. $7,000 came in. When is the. I gotta put this other one on my second level to the BS and the funny that both up at the same price that both up 54%. Getting quotes at like 690. It's creeping up it's creeping up GROM. It's creeping. I don't know I see a foul stuff like being built right now Josh. Yes, I was just about to say it's starting to squeeze up a little bit like that blows. It's trying to make that test of 275 watch list firms tanking. It'd be a nice short. Yeah, that's a really nice drop. It's on my short list. Yeah, Mark. It's pulling back right now here. Yeah. All time high on that is what it's like little under eight bucks. Yeah, I feel price. Yeah, triple 77777 all time high. You gotta remember everyone here and like you just gotta be you know, you just gotta be careful. That's that's what a cat. What do you get a category for? I mean, spread is huge. Yeah, yeah, yeah, at least it's like four to five kind of that range either or I'd say. Especially with the halts. I'm seeing she's holding a big interest came in in that soccer. Let me see. Let's move it around. Anyone else see anything out there in the cyber group room? And then we have people watching on social media right now that they if anyone here on YouTube or Instagram or we got Facebook, Twitter. We're going to be live soon on for the first time on Tiktok. The SME 740. Is that a new high? It sure is. Yeah, this should be breaking all time highs in just a second here. It's just a few pennies away. Spread is huge. Look like it wanted to break. It was testing. It was testing. A couple of sellers just came out and hit the button. This is aside. Let's play Fausto. So like I'm not fully. It's not looking like the SME yet, but I'm keeping an eye on AMC actually at the price 835. If it continues to hold higher lows from here, I think there's a chance for it to try and push up again. It tried yesterday. I actually forgot about it yesterday. I tried the pop yesterday in the afternoon. I started off pretty early into the phase three class, so we just moved away from it. But if this starts looking the way that we think it could look, this could be a meme stock type of run. GROM is down to its support levels around 238. So if you loved it at 270, you got to be drooling right now at 230. Yeah, but that's a nasty drop though. Well, that's why sometimes you get that nasty drop and that's how you get that slingshot. So I'll take a shot here at this 240. I'll buy a small lot to see what happens. If it breaks and I'm done, I mean like then I'll go to 220, but. My AMC trade, I just called out. It's starting to push up a little bit. So I just set a stop at my entry price right now. Just zero risk play now at this point. So tight defense. Wow. This VSME is just on fire. Broke over eight. That's it. Here we go. Are we getting another hold? Seven million shares. Number eighth on the most active list. I took my small loss. I broke my 32nd rule. On GROM. AMC is on fire, Fausto. This was like a gold mine I just hit. You won't say that. No way. No fire. Hey. Rich knows not to turn over to it on the screen. That was like, I don't know. That was good time. You know what's on the NFL commercial? They have all the players. All the fans from different teams and everyone has that little thing. And they had the Jeff fan, the old man. All that goes, the sun goes to that. We're on fire. It goes, oh, we don't see that. You know? I would say what AMC right now is definitely on the move. I'll say. It's been here for a while. It's, you know what? Listen, since early September, it's been hovering at these lows around $7. It's been here for a long time. Remember, what did it do? Reverse stock split, right? Yeah, we've been waiting for like, looking at the daily charts just been curdling around. Like you just said, these prices generally around like the 40-ish, 50-ish. So they did the reverse stock split. So how many shares are outstanding now? That's a good question. Let me see. Would they do a 10-for-1 reverse, something like that? You know, it's crazy. I like AMC. Like I like going to the movies once in a while. You know, kind of see like a really big movie and go on those nice chairs and stuff like that. You know, it's fun. And what you really think about was, of course, $13. I mean like, now everyone's like, well, it's way till it comes home. But sometimes I like to watch like Maverick when it first came out or Jurassic Park, you know, with the big stereo system, you know, it's like, what's $13? My old thing is how do they make money? I mean, that is a huge place. You know what I mean? I mean, the rent, the air conditioning, the utilities, taxes. I mean, how do they make money? I mean, it's snacks. That's how they make it. Popcorn. Yeah, I guess you suckered in. You got to pay the $12 popcorn, right? Yeah. Don agrees with me. Don said himself. He goes, I'll say, you know, it's, I have to be seen in the big screen. Yeah, you see this. It looks like some Don agrees with me. I fall asleep on those nice chairs. Carlos says, yeah, I fell, I fell asleep on a couple of them myself. I don't think this AMC trade is done with just yet. Groom is trying to go back up again. Okay. Yeah. I see it's starting to rev up a little bit better now. A lot of orders came in right around here and you're going to give it a second stab at it. I'll buy a small lot. It's got a good spread. It's got a good volume. That's what makes it like just, I mean, as tradable as we want it to be. Oh man, Tesla tanked. I mean, obviously the market dropped off thereafter. So just checking in on Tesla and TSL. Now both just did a round trip. AMC is kind of consolidating here, holding here. It is, but I'm just about to say right now, I just saw zoomed out. It is a brand new iceberg on AMC at like 888. New dark red line up top there. It's got a pop soon because otherwise that might just pin it down. There's a lot of orders out there around that between 9 and 880. And a new one at 862. 860. I just got out. If it pops back up a little bit, I'll consider jumping back in, but that's just Nichols and Dimes type of morning, right? Yeah, you know, I feel like this market, like I was talking about earlier this morning, that after listening to all these analysts and these big bond traders and everything and talking about the recession coming in, you know, in mid 24. And like I said, people probably freaking out about it. But listen, as long as you're awesome, you're day traders, you're in cash. You know, that's all that matters. Cash is king. You know, like how many people here wouldn't wish they had, you know, that were liquid during COVID or liquid during the financial crisis. I mean, I could have bought, I wish I bought some of the houses back then. You know what I mean? But I wasn't as liquid as I would like to be. You know, I mean, people freaking out that everyone was sitting at the ATM machine trying to take all their money out. That was pretty crazy times. It was. You know, like, we look at COVID and we talk about like with the masks and shutting down government, you know, shutting down these states and everything like that. But like, I know that some people here a little bit older remember the financial crisis. That also was, you know, pretty crazy times too. Actually my son the other day, I caught him watching the movie, the big short again. There you go. Yeah. I got to watch it again. I might watch it tonight if I got some time. Right now I'm in the process of I just got it. I got a new coup for my girls and it's been setting it up. So they're pretty excited. So if you watch them, if you subscribe to my Fast and Home Living, I got them. I'll put a couple of videos over there on it. There we go. Yeah, I got to check that out too. Yeah. Big job. You know what? I couldn't take it anymore. I had the foxes coming every night, the raccoons. They just want, they want, they want to eat that chicken. I know we like eating chicken. We love it even more. It's a VS at me. I feel like it's a powder keg ready to explode. I feel like just one more little pop over eight. This thing is like all hell going to break loose. Wayne State just received 16 chicks by mail. Wait, where do you live again? I mean, you want to have little baby chicks now in the wintertime. Must be down south more, right Wayne? Kansas, okay. You know what's so funny, Josh? Like where I live in a town that I'm in, is that everybody here, they eat the eggs and they all start getting to chicken. They all want to get into chickens now. The funniest thing, everybody, you know, wants to get into getting into chickens. I think my cousin has a chicken coop. Huh? I think my cousin has a chicken coop. You know, listen, it depends how crazy you want to get, but like, I tried, I did it like a cheapy style when I first started because I wasn't too sure if I wanted to do it or not. But the thing is, you know, when you trade, you know what they call therapy chickens. That's what they are, therapy chickens. So you trade, a little stressful, you need some time to go out there and get a nice clean, you make a nice little breakfast, get a nice fresh egg right there, orange, not this yellow water crap that you buy in the store. It's just awesome. Throw them a couple of seeds. They come up to you. I wrote in the chat board just a second ago. I think Rivian wants to drop lower. Just another shake down just now. So it'd be interesting to see if it can make another trip towards like 1950. Grant says I just eat the eggs. Hey, that was crazy times with the, that was the flu, the chicken flu and the eggs. I mean, I went to the BJs, it was selling for $15 a carton for like two, you know, double pack. Talking about, I don't know if that's inflation, but that was one hell of a price for buying eggs. I was like, thank God I have my own eggs. Looks like the VSME trade held Aida's resistance just shook down towards 750. If it's not going to make that clean break over eight, then no trade. This talk just showed up on my watch list. Vime is starting to pick up right now at MNTS. What's the style of MNTS, Mantis? Yeah. Oh, nice little. Oh, just, just shook down a bit there. What the heck? It was looking good for a moment. Well, actually a lot of orders just came in right now right after 9.52. A lot of buying came in. See all those candlesticks are there? We don't have my bar charts. I don't even have my own volume bars up here. I'm all for Klimt actually. Yeah, I do see that now. Just on the regular volume bars you just see like. Yeah, just all just came in right now. If you send me back up to eight, could this be the pop that we were looking for? 820. There's another iceberg for about like 12,000 shares, but typically a whole number of price. Eight bucks. It's kind of been under there really of late. That GROM is done. It's at big support levels here at 220, but a reminder of a stock we traded yesterday had like a big pop and then came down and just broke a higher low. And then became also became a lower low. All right. Here we go. Here we go. VSME just broke. Big pop. Let's see if this can keep flying though. This looks like a big mover right here. On this trade, the only way that you could have got in from eight bucks there, we go over this at times in class. It's just more like advanced, like definitely phase three, but like sometimes phase two, I slip it in using a stop order because it's not going to hold over eight. But now at this point, if it's not going to hold over eight, this is an ugly shake down out. I'm not going to deal with that shake. That's a head fake now. That's a head fake now. Ooh, just dropped a dollar. That just became a five. Yeah. If it wasn't going to hold over eight and I didn't do that then. I'm just, I'm going to still watch it here because I kind of want to see just the crash and burn on the next candle, but you needed to see that because it was playing around too much at eight bucks. I think it's, you know, if it wasn't that spike right there, Josh, if you look at it, it's like making a sliding scale down. Well, that's the thing like, hey, on that pop, it broke a new high. So, you know, hey, that could have really went upwards again towards nine and above, but you know, like you said, on that shake down, it's like, it's not supposed to do that. It's not supposed to come back down from eight 50 down to eight even. So, when you see that, you want to make sure that you're out before it's at seven 50, which is where it's at now. We say it all the time, but we say it with reason. When a stock breaks through a big level, we should be getting a pretty damn big move after. You know, it's been tanking your stock AMD. Yeah, it has been. I tell you, I am not a fan of swing trading right now. I'm not a fan of these things. Well, the way the market's looking, the way the market's looking in the last few days, definitely not. They're dying to hear what's going to happen with these earnings. They want to see what these companies are going to report. And obviously, you know, they're not stupid. They hear, they know, they, they do Zuri out there. They know it's, there's an issue to keep, keep people talk. You know, it's one thing being in New York, that is a big benefit in my part of the town, but I'm outside. So I'm not even there. But when I do go in there and I do talk to people and people all over my town and stuff like that, because they do work there, the biggest traders, they don't listen. They're laying people off, you know, these, the, the, the financial markets, the middle, the people in the middle, not even like the lower or the higher end, the people in the middle that make a hundred to half a million a year, they're laying them off. Because there's a larger amount of them too. So, you know, less employees overall to work with with that, like you can cut more people in the middle. Well, if you're paying an employee a half a million dollars, how much money do you have to make? You know, they're not, they're not making the money like they used to. The interest rates, people don't realize it, but it's, you know, it's kicking in. They're borrowing money. It was free, but it's not free anymore. I'll tell you what though, that's a volatile move on AMD, man. One oh three down to a hundred or under a hundred on Tuesday moved back up from a hundred to one oh five. But trading with it though, it's pretty funny. I'm looking at NVIDIA, I mean tank too, but not as volatile as AMD. Amazon's taking a hit right now. Intel's pretty steady. It's just slower. Micron's a new low the day right now. Maybe NVIDIA is just the healthiest of all, the chip stocks, right? Yes, AMD is going to get halted on the downside, Josh. Sorry to cut you off, but. I turned away from that stock after 750. I was like, oh man. Yeah, listen, you called it like, you saw that had a sliding scale once it peeked out right around. Even though you had that big sling shot right there, you saw it right in front of me. Low, low, low, low, low, low, low. Boom, there you go. We've been around the block a little far too often. So, you know, this was either going to jump up to nine bucks and get halted again or it was going to come down the other way. So it would have been nice if it was shortable. My AMC dropped off, it took a while, so I'm happy. It's like basically what we saw at the on-site class though, like when you have these new iceberg orders just suddenly joining the sell side. Everything looked good, but then all of a sudden you have this small little iceberg popping up. You say, oh, it should break over that, right? It drops right back down. And just right there, it's like, get out, just take the money and run. You can always jump back in if there's a chance. So the press after we're done at 10.30 before Kathy comes in and we'll get some fresh eggs and we'll make myself a next sandwich. There you go. Yeah, finally got a somewhat decent stomach and I haven't gone to, I haven't gone fruit shopping since the on-safe house today after with being sick in between. So pretty much the only thing I have on me is breakfast food. I got some fresh eggs. I got some center-cut bacon. No complaints there. You didn't take any. You forgot to take some sauce with you and some eggs before you left. You didn't ask. What? What the whole time I was saying. Oh, man. You have to come back to New York now. Well, now I have to come back and make another trip back. Got it, obviously, for Thanksgiving and Christmas Hanukkah. AMD is getting crushed. They do not want to own that stock. I mean, with the way the market is dropping right now, unless we get a balance at 10.30, but that's 25 minutes away. It's only 10.05 in the morning. AMD is going to slice under that 100 level pretty soon. I think I'm back to AMD and I just look at the AI stocks and I just see what the hell they're doing because I think a lot has to do with them. That's just keeping them in business. Yeah, that AI trade's been dumping off for a little bit. I took a scalp swing trade. If you recall, there was that one price I was like focused on and it was back in the beginning of September made an ugly slingshot up, and it just died. Yeah, those AI trades, that was just a complete bubble just seeing the run-up it had in the beginning of this year and pulling back now. Mara's going to keep dropping. I mean, at this point, if I'm right with a massive drop in Bitcoin soon enough, I can see Mara at like five bucks again. Pick up this IPAC. What the hell happened here? Yeah. Pacifico something. Five points. I guess some Pacific airport company, airport group company. It's not on my shortlist. Yeah. I think it took a huge hit. It looks like it's going to probably definitely test that 2021 support levels around 100. You would love this, Fausto. So in the phase three class yesterday, you know, unfortunately, I'll tell you what, you sure know when to tag me in. Classes when I sub in for you. But, you know, the big talking point is like, we're not trading until really 330, right? So, you know, from the on-site, like that was the big point. And like, I think there are a couple of students early that say, like, oh, this pop, this pop. Yeah. Like, and the stock moved up. It was Rivian. Like we could have made some money on it, like a little money, but it wasn't anything like crazy. Yeah. So it's like, guys, and everything else just died off after it's like, just got to wait till 330, wait till just about 330 and then we'll see what happens there. The clock hit that mouse pad that at least LAC trades been getting crushed after they came out news. Rich, there we go. I'll consider myself beating it to the punch on that rich. I saw your post. I'm off. I could see that VSME trade going full round trip back down to 550. That would hurt. It's not looking too good. Everything sucks. Everything is just nothing. It just has no direction other than the good short on AMC. AMC is trying to hold here now a little bit, but... Oh, yeah, it's a nice bounce back up on AMC. Look at that. Well, we got to see what happens. It gets up to that one on one because it's got to make a new a higher low. I mean, a lower high keeps flexing it. I try not to correct as much on that because I just know that is your kryptonite, the lower high, higher low. I like to say higher high and lower lows. Sometimes I get a chat from a friend. I don't even... I know internally what you're saying. Yeah, Abdul, absolutely. You qualify now for the Phase 3 class. You just joined on with us from the onsite, absolutely. So, you know, actually Rich, if you want to just help Abdul out there with that, just chat him in a second, just walk him through basically where to find the recordings for the Phase 1 class. Just you have just a few calls with Rich and myself. I mean, really one-on-one coaching with myself and, you know, that is really the ultimate hand holding but definitely go through the classes first, you know, all the Phase 1, Phase 2, Phase 3 courses there. Don't forget, today we have Kathy Lin that's coming on 11, looking forward having had her in so many years. So funny, I actually did a... I don't know a reality show but a documentary, that's right. It was a documentary with A&E Channel on trading, day trading and they did one back in 2000 and they wanted to do another one during the financial crisis. I mean, her had a very big part in that show, was at the money show and stuff like that but it's just always great. You always know if you deal with a reputable guru or mentor, a speaker, if we're still, you know, been around as long as we are, you know, like Josh the other day, like, and by the way, I would have warned everyone about something very important. This is also on social media. When you see, you know, anything like videos of people showing you stacks of cash and cars and this and that, mock my words. They probably got about six months until they get shut down, okay, by the FTC. They don't like seeing that. They say see people all the time. They're just doing that to kind of like, you know, because they care about social status more than they care about teaching people how to trade. I just get a kick at it. I look at it. They deal with this really hot smoking girl, right? They got this great fancy car and they got stacks of cash, which I wonder where they got it from, even if it's real or not. Walk into a plane this and that. I'm just like, I'm just like, I just hope people are not as dumb as they think by seeing that. You know what, for me on that, like I try not to think as much about the real or not because like, you know, hey, congrats if it is, right? Like, you know, I can never figure that out unless if I'm the IRS. But it is to say at least like they clearly don't care as much about like the people that they're signing on with. They care more about like their photographer getting that big shot with their sexy car, right? They care more about the attention. There's only 24 hours in a day. Like we only have so much little time to think about things, right? I feel like at the end of the day, I still have like a million things I got to take care of with family and other stuff. So what about these people? Like they can't possibly care about, you know, these traders and clients more than like what they're showing off today. It's, you know, like I just unfortunately have bad actors in our industry. And when I see that, it just bothers me so much because it gives such a bad name to all of us out there. It really just where it comes down to it just really, really gives a bad name, you know, and people look at it like, you know, because it's somewhere down the line, someone got burnt, you know, that's why I like, you know, for some of you here as students and if you're new here, maybe you watch on social media, that's what we vet our students who we train. You know, we call you up, we make you feel the questionnaire we want to make sure we talk to our staff and want to see if you're serious about it. And because, you know, it's a big little commitment there. It's like, it's, you know, it's like, it's like, going to the doctor, you know, listen, you know, you can't diagnose yourself. You got to look at, you got to meet the professional and do it all along. And, you know what, you're interviewing them and they're interviewing you and they didn't tell you point blank if you deserve it, they should do it or not. But if you get some blood sucking doctor that wants I don't care. Oh yeah. You got cancer. No problem. And you know, you don't, you don't know if you have, but he says you do. So he could make all that money. You know what I mean? Could you imagine what would happen to that doctor and taste time? Unfortunately, I have people like in that industry which kind of really sucks. I found some. Yep. We're reeling it in. AMC. Bouncing, right? Oh, big time. Big, big bounce. I jumped in from the eat 50 when it was over eat 50. I took it. I'm just, you know, while you're looking at that, I'm looking at stocks getting destroyed. Yeah. You know, like I'm looking at like, I mean, they're not tradable, but like BTWN, things out. I mean, look at the hot look. If you look at the, this thing hasn't moved its whole life. No, it's not got destroyed. Geez. Yeah. I know. Oh, and I mean that, that chart, the month, the yearly chart looks horrible. Another one. Oh, MAB. I mean, like, it's going to just fill up the cliff. Little update just on Rivian. It's still at the low of the day, but it's kind of at some support here. It seems from lead August. Do we call on BSM? BSM, you got hold of it again? I don't think we did. Oh, that made the round trip. Yep. Sure did. There it is. It's the. AMC popped though, Josh. That's what I'm saying. That's what I'm saying. I said that before. I jumped in over the 850. That was the big level, right? You know, you were saying that earlier, even like kind of just lingering around those prices for a little while. I think AMC is probably the one that, I mean, it's got some shakes in it. It's a little still, still a little bit more probably in the three category, but I think this one. A lot more treatable and some of the other ones. Just asking our students here and Michael nice grab who shorted. He actually got the short on me. Anyone jump in the AMC trade just before the last few minutes? I'm just asking, you know, no, doesn't mean that, you know, jump in right now. But hey, there could still be plenty more action left on it. Like Faust just said, it's very treatable. Yeah, I mean, there was a seller out there for a little less than 30 minutes for about that big iceberg order for about 40, 50,000 shares out there or at 890, he pulled his order. He did. He did the 888 iceberg, I think, and then Brad, you're in for me. 52. That's the same price I'm in. Good entry. Yeah. 5850. Yeah, once it broke that resistance, Brad, that was a good trade. It did a little shake right there and then finally made his little pop. I was so excited to trade this yesterday to begin the phase three class there Faust, but it just died off and just knew right away. I'm like, it's not going to. Let's just focus elsewhere for right now and current time is 10 16. So, you know, we got a little more time until 1030. Let's just see what happens here on AMC if it ends up pushing up a little bit higher here now. The S&E looks like it's going to probably test its 550 support, but for being up almost 100%, it's just lost like half its value. It's the old Christmas tree pattern. It goes up, it goes down. But what kills me is what I should show you earlier is BTWN. I mean that thing hasn't gone anywhere in two years. It almost looks like a reverse stock split. And they only trade 168,000 shares, so that still is making any sense to me. I'm hawking my AMC. I'm contemplating the exit here just to just dump out. I'm still in, but it needs to look like it's peaking. You still look good. Yeah, it's still holding for a second here. I just now about 6,000 shares joining the buy side, so I could possibly help. So a good thing we got out of some of these trades, you know, market's going nowhere. Dow's trying to come back. It's up 34, but the S&P's down 16. Rivian right now is on the way down to that 1950. It's getting close. AMC's just chopping around here a slight bit. If it pops back up to 870, I'm going to hang in, but I just don't want it to shake under 865-ish. I feel like it could make a faster drop soon if it does that. Oh, a nice little move back up on just a side list stock for right now. Just tradable. IO&Q trying to move back up again. For anyone that was watching PLTR yesterday, don't be surprised. Yeah, I hope you weren't surprised with how slow it was this morning because that is quite often a very slow-moving trade. IO&Q's not bad, at least if it can try and move back up over like 1470-ish again. I think that was the price I said at first. Did you see anything else moving out there? So, you know, when you're contemplating between selling or hanging on, well, there's a nice little middle ground. I don't know if you do this as frequent fast, but I think at the onset you said you don't like doing it as much, but I'll do it every now and then and that's to just sell half. Just sell half my stack. If I'm indecisive, take a little money, keep a little money. That's all there is for. Yes, I mean, it's hanging, opened up, lower. Yeah, I'm a type person. I mean, that's where you are a little bit different where I just like I'll average up sometimes, but and like rarely I would average down if I got to one of these bad sling shots. I came crashing down. Kind of work, but you got to be ready to be on the money. But like selling half and holding it and whatever, I just. Yeah, it's just all different flavor. Nothing, nothing right or wrong. Just as long as as long as we're making money or as long as we have a smile at the end of the trade. And with that, the second stack, the second half my AMC is now moving right back on up. Perhaps that you could say I could have held on to the whole thing, but hold on. I like to hit 101. Oh, no, I'm not even living like that. It's just I'm totally happy. It's all by design. I'm very happy either way. See, that's the thing with trading. Like, you know, it's not as easy to just say that. In this, in this example it was, but like, you know, you got to live with consequences. So it's just, you don't let the emotion get to you. That's all. So I'm making money either way. You sell half, keep half and just be happy with it. That's all right. If this goes up to 950 and I sell the second half there. It's like, all right, I'm pretty, pretty happy. You can't get too upset about things like that. Yeah. Comes with the territory. Now, if you sell everything in full and then the stock goes up a dollar without you. That is where things are a little frustrating. See, I'm saying try the uranium stocks, which I haven't checked in with this morning. So. Trinium last week. Yeah. You know, they're slow but they're moving up. They're positive. Yeah. They've almost like a better swing trade candidate just with how slow they can be. Like on a day-to-day basis like that. It's a good one. Rich, turn over to the other one. It was quadruple U. I thought that one was a little bit, oh no, that's doing nothing today. Oh, no, that one. Yeah, yeah, yeah. Okay. That one's not looking bit terrible. Right in and out on that AMC with me there. Took his money. Nice 15-cent profit. It's 15 cents that Brad did not have before that trade started. So that's what matters. AMD looks higher, Josh. It does. Looking good. Yeah, it's making a little bit of a higher high now. Three higher highs. Four higher highs. Looks like it's probably going to test this three, this 10, one on one 25 or something like that. I think it's going to be some good buys soon. I really like to see the market take a little bit of action of some stocks. I wish I bought a while ago. I could see some good buys coming for me at this point. At this stage, I kind of want to see one more drop off and then the bounce. I have a nice support line on the spy. I'm looking for it to hit, but it's still pretty far away. That's the issue. It's just in a weird spot for me. I'd rather see it just drop there and like, all right, well, we'll definitely buy it there. What I see is a pattern for doing this for 30 years. It's like tick down, tick down, tick down, tick down, tick down, tick down. Think of a stock that we trade, right? You start seeing it go down and going down and going that shit. I should have sold it yesterday. I should have sold it last week. I should have sold it last month and all of a sudden you wake up the next morning and you have a complete crash. That's what we got to worry about the market. It's ticking down, ticking down, ticking down and all of a sudden it's just programmed, trading kicks, and these things just tank. Try to keep your finger on the trigger. Got a halt on the downside and MSGM Vime's Lightbell. Motorsport games. Man, I remember that stock. Remember that stock? We traded one from 6 to 27 and went only to 50. I actually do remember the ticker. That chart, wow. Yeah, from the beginning of this year. That was fun. There are certain tickers where like, you remember that? Like, I just remember the ticker. Yes. And then I look at the chart. Like, yep, that definitely... I didn't know what to do. It went from like three to eight. Yeah. Right back down. Mm-hmm. They all do. AMC is just kind of stalling out again. So as long as it makes higher lows still, then there's a chance, but I'm just going to move my stop up now at this point. Oh, crap. Oh, pal of steel. I just made a mistake. That's funny. All right, everybody. If you're watching on YouTube and on our social media network channel, we are going to basically close out. You got the registration link right there. Please click on it. We're going to be back here at 11. We've got some great speakers. I'm going to be talking a little bit more about how we trade on this type of style. Plus we're going to have Kathy from BK4X that's going to be joining us. So feel free to register for it. And if you're watching this as a recording, don't worry about it. If you register, we'll send you the recording for it. All right, guys. Thanks for listening. And we'll see you back here at 11 o'clock. Thanks, everyone.