 All right, cyber traders welcome on back here to close out our week this Friday morning I said October 7th shortly after 9 a.m. Eastern time great to see all of our students and members alike inside the live trading room Ray Carol Phil Jim Jean Mario Kathleen John great to see all of you great sales office back on social media Facebook live or YouTube folks It's actually been a pretty interesting morning here for a Friday normally Friday Mondays the outliers of the week We don't tend to see as much news come out Company-wise we ended up seeing some news come out across the market non-farm roll non-farm payrolls and Unemployment numbers across September so that led to a drop-off within the market early on today But we ended up seeing a couple of different stocks make some big moves This Lucy stock just being one of them early on prior to eight o'clock It ended up making a big pot from two up to three fifty ish We'll pull back down And with that we were anticipating support I was looking for support initially off this purple line 280 once it broke right above there early I was thinking all right well where could we find a historical level well 280 You know just looking briefly at the daily chart looks like it's a relatively new IPO even so you know just over this series of days Four or five days in a row at least just generally holding right over that 280 price it broke under it So with it actually smashing right above it here early this morning and in pre-market you'd anticipate initially for that to be Support unfortunately though it didn't make the big bounce that we wanted I ended up taking a small loss from here initially it dropped down I wanted this to break under and over from 250 it held above 250, but I didn't jump in from there I did jump back in though as this broke back above 280. I got about 14 cents on the straight from that point So decent pre-market so far in this Lucy. It's pushed up a little bit more since but I didn't know if this would look to Continue it's a stock that personally I'm pretty unfamiliar with you know I don't think that we've ever called the stock out off its run as a stock as an IPO But you know now it's really beginning to make that pull back notice that my line here is not even at three bucks It's at 305 305 we saw about 25 30,000 shares at a clip getting filled early right around here on the bid So I was anticipating for that to be support once it broke it here prior to a 30 Well, it didn't run higher So yeah, right now this Lucy trade just be on the lookout for that I feel like this like may just dump right back down But we'll put this on our main watch list at least here for the market open All right, so let me jump to the spy briefly here. I'll do that with just my chart So my platform doesn't like crash on me right now but Early this morning after eight o'clock we ended up seeing some big numbers come out. So let me just get that for you folks here So unemployment rate for September three and a half percent is the you know rate it was verse 3.7 percent expected So now that's kind of decent news at least but non-farm roll pay non-farm payrolls were up compared to the estimates 263,000 versus 250 nonetheless the reaction from the street was a big drop-off here led to a low or low prior to not a clock I wasn't necessarily anticipating that if anything I do think that we could see a nice bounce back up throughout the morning if not the morning then by the end of the day So be on the lookout for that I think that we could find some good discounts on some stocks if not for a small term swing But otherwise for a quick dead cat bounce as a day trade really quick with that my Mara I ended up getting out early this morning as far as one of my swing trades on the stock I closed it out yesterday at 1330, but I did re-enter off the 13 level So I was looking for a nice squeeze up at that time I averaged down at 1292 that was from yesterday and then from there once the you know the numbers came out this morning I ended up closing out at 1272. So it's a small loss there, but I am looking to get back in I love Mara I think that we're gonna see a small bounce collectively in the market coming up So with that, you know, this could be a good stock to keep in mind on your side list You know seemed to be said for a bunch of different trades I was gonna jump to Neo there, but the Chinese EV stocks have all been really weak actually So I'm not gonna say those as much, but an American Airlines off 1250 Do like a Royal Caribbean adds a little spotty there Maybe an NCLH perhaps looking a little bit more active more volume traded here in pre-market off 13 So, you know, hey, there's opportunities out there. This could be a great day to follow Sideless stocks, but otherwise though here for right now Lucy We're gonna start by putting this on our watch list here now Before we officially go from top to bottom There is one stock that I want to jump to because you know if you're joining us even on YouTube and Facebook live You see our pre-market watch list that we had posted prior to 8 o'clock So the the first stock on that list and VIV right you take a look at that chart Say what the hell happens since I mean we had posted that pre-market watch list We try and push it out to all of our members inside the live trading room at 745 You know right around 740 745 Eastern time Trying to do it a little bit earlier recently It's hard to always judge because the you know news comes out at like 750 the second I put the list out So I don't want to go too early, but right at 745 this morning. We posted the watch list This was looking relatively strong at the time made a big pop at 7 o'clock Trended up beautifully up towards 13 and all be it it was dropping off here at the time Looking for a higher low looking for support to build and then out of freaking nowhere I mean it was dropping off prior to that but Big shake so what happens on this nvi v folks top percent gainer now going to top percent loser The news and I was thinking about this just once I saw the drop Normally for these like cheap pharma stocks bio therapeutic stocks just small cap low-flow BS I mean hey, we trade them right, but we don't swing trade them and it's even to say here I mean as much as you're hoping for a higher low and continuation these small cap stocks oftentimes After they make like a really big move normally. It's not this fast. I will say this is really nasty But you know for stocks that make like a big 80 percent 100 percent 200 percent pumping a day The next day the day after the next week you're going to see a common stock offering or direct offering of shares So the second I saw this drop that's what I had in mind just from experience So I'm going to post the news here and viv shares trading lower now after the company announced a nine million dollar Registered direct and private placement offering. So I don't know all the fine details of it But any time you see a big drop like that Off a off a runner that's oftentimes what the the first guess should be and that's what happened here It seems on the end viva All right, so hey, I mean it's volatile It's possible that this could rebound and make maybe like a 50 cent dollar bounce back up It's possible So I'll put it on our watch list for right now But it will probably be near the middle or near the bottom by the end of it all all right So with that let's go from top to bottom now. There's a couple trades now that I think are beginning to make a nice Pop There we go ad tx. I didn't see this on the gainer's list before we started this meeting So, you know with that it's a stock that we're pretty familiar with from like a few weeks back And I saw it up like 40 whatever percent of the time. All right, well that obviously made a move So here ended up making a big pop from 320 up over a dollar move up towards 430 ish 440 ish I don't have my book map open for this trade folks, but I do have my benzinga pro open So I'll report the news for you here one last time Probably not one last time but ad tx shares trading higher after the company announced Uh, I guess that the company is featured by fedex in a video presentation That that's all I got a few there on that headline that came out just right at 907 eastern So a little bit after the initial pop, but yeah ad tx either way whatever the news is it's looking pretty good All right cool See what else we got here for right now the ambc trade This was popping early in pre market, but the order book was so thin So it is to say it was a gamble stock, but it did nothing though. Just flattened out didn't really offer anything Uh, I mean it's even shortable I guess but Yeah, for right now, it's really flat. I'm going to put this on our side list I would love to see it make a better move and more importantly for the order book to fill in But for right now, maybe I'll come back to it at the end. Maybe slip it on there at the end Uh pretty expensive here, but dx dm up over 100 bucks right now making a big push up over 9 percent here It's interesting. I mean the daily chart looks pretty strong. It has looked pretty strong prior Looks like it's approaching resistance here. Just looking at the monthly chart briefly here back from like, you know, 2020 2021 Roughly around 107 probably psychological level 110 So with that that's something to follow if you're interested in the more expensive dx cm Uh market dropped off inverse ETFs up s o x s uv x y. I'm sure I'll run to in a moment I actually scalped cold right before we started this meeting. We'll jump to that. I actually probably in a bit I don't really see here on the gainer side just yet Probably not going to find a whole lot on the gainer side, right? Market dropping off. I did see draft kings. So I didn't put draft kings on the pre-market list I wasn't expecting for that to be a great pre-market trade, but after the market opens I was thinking it can make its better move. So with that We're going to put this on our watch list for right now I better finish up this meeting quick. I told you I gotta make sure they fix my electricity here All right, so let's finish up the gainer side. We'll jump to the loser side here in just a moment c s It's not really doing a whole lot right now Let's hop over to the loser side here. Not a whole lot that is easy to borrow right now maps It's a cheapy Unless if it's really volatile, I'm not going to be as particular about it Not even on the loser side. Do we see too much now? There is something here and I that's the reason why I put Intel on the pre-market watch list So there was some news that came out with intel, but it was also based off sympathy in relation to amd's bad earnings Amd got clipped yesterday with bad earnings. I think they lowered outlook as well But nonetheless, I guess they're making a small little bounce here Amd would be a good stock to follow at least though in terms of volume liquidity We know this stock has a really good order book after the market opens not right now Obviously, but after the open this will fill in a lot So I will put amd an old favorite of mine on the watch list Intel I'm going to keep on our watch list for right now who's on the pre-market one So intel in relation to the amd trade, but I think there's also some news that came out with intel here, right? I think something in relation to You know the u.s. Government government basically Having more restrictions likely next week. They're going to announce it I think so some report where next week that the u.s Is going to announce some restrictions to selling us product to china in relation specifically to Specific advanced computer-based chips. So intel being one of you know the main ones with that here in the u.s I would anticipate for them to get hurt So, you know, that was my speculation with putting intel on the pre-market list We're going to keep them on our morning watch list. All right, so folks Let me know if there's anything else up down left right more than a five percent Probably down if anything, but let me know Here's an old friend of ours l.a.c It's just a little looking a little spotty right now down over five percent. It is shortable But for right now i'm going to pass on this trade, you know, maybe after the opening we call it out Uh, just checking my scanners here otherwise folks I think we may have gone through them all we'll check out some sideless stocks Like I'd said at the end neo li, you know those evs that are dropping off So with the market dropping off today off those numbers Perhaps neo and li can continue their drops. Let me flip this back to a daily You could see neo the last two weeks that this thing has been getting hit once it broke back under 20 You know just all the chinese ev stocks show weakness right now They have for a long time the the lee trade just a beautiful downtrend on the daily chart But just from yesterday got hit hard So that's a good stock to keep on your side list here. Don't get me wrong Huge volume spike here too just prior to eight o'clock. So let me see what that's all about That could be a duplicate from the closing bell print from yesterday But otherwise we'll take a quick look right at eight o'clock 2046.5 2046 2047 a 670 000 share print that was filled So that is different compared to the closing bell print from yesterday So that is a huge level for this lee trade. You don't tend to see that too often in pre-market So, you know what in particular lee i'm going to put on on the watch list here Michael's saying this week's mott's down pretty big. Yeah, I mean a lot of the percent gainers Are going to make the percent losers list. So we're not going to follow them All right, let me just check out a few more here at the end folks Obviously with the market dropping uv x y had popped up pretty nicely It's only up 2.18 percent But should we see continuation within the market dumping off here then in that case uv x y would be Pretty interesting to follow at least only if you have level four though If you have book map then it makes the hell of a lot easier to trade if you don't have book map I would not suggest for you to trade in etf All right, uh, let's see anything else otherwise. Am I missing anything? I think the pot stocks we had on the pre-market watch list So, you know if the markets can make a bounce then perhaps we could see continuation based off of yesterday's news Yesterday's news. I ended up seeing afterwards. I you know dipped out after after 330 I ended up coming back afterwards and rich was texting me and saying hey, you see what happened at the close I'm like, no, so the pot stocks basically had popped up because I think biden is basically going to What's what's even the right word pardon? You know anyone that was locked up just for a simple possession So that's nice to hear whatever your stance is on pot nowadays. I think that's just at least good news all around right But nonetheless that led to a big pop across all the different pot stocks tillray acb cgc For right now tillray. We're gonna put on our watch list here It definitely is the most volatile of those three acb, I think was the strongest at least after eight o'clock initially So now it's dumped off a little bit more. It's actually break even on the morning compared to yesterday's close I'll put tillray on our main watch list here folks But if they all pop perhaps you can catch some action here on acb or cgc the others But tlry is definitely the most active keep this one on our list All right. Oh, that's that's right chuck saying cold. That's right. I scalped cold early this morning Um, thankfully I did get out. I just want to take some money and run So I ended up jumping in off the vewop and I'd called it out at the time popped above it pulled back Little little push up. I wanted more but it started to shake around a bit and I ended up getting out right off of 1691 even just a few cents a little cushion money though better to have a little cushion money than to not have it And with that I'm happy I got out this thing just tanked So, um, you know, maybe after the open chuck maybe maybe after the open we'll keep it on our side list It's always a good one to consider day to day Lucy, I think we already That we started off with right Popping back up in over 305 here. That's interesting though. So perhaps if it holds here now I could finally make that run up higher You know that being said you don't want to hold a stock going into the open You don't want to jump into trades normally, uh, you know at 905 9 10 afterwards So if this does pop up without me personally, uh, I'll wait till after the market opens up to see if there's any support from that point And then the run higher hopefully so, you know, we'll see if that happens But for right now for all of a sudden social media facebook live youtube I appreciate you folks sticking with me each and every day throughout the entire week throughout the morning throughout the afternoon So I believe that should be back for all of you folks and for all of us inside the live trading room I believe I don't want to get your hopes up But I believe you should be back on monday If you have any questions feel more than free to send a question through email over to josh at c2 trading dot com Quick question is am I going to get my lights fixed? Hopefully hopefully by monday or dem But with all of that in mind though folks for all of us inside the live trading room skip chuck michael phil john Kathleen mario henry. I look forward to talking to you folks coming up here at the opening bell. Take care Come a cyber group member today Just click the link below and receive all these amazing products and a world of knowledge For just nine dollars