 All right cyber traders. We are back here heading into this Tuesday afternoon April 13th shortly after 2 30 p.m Eastern time and the audio is good to go for all of us in social media I had to make sure that was right today once again I apologize for all of us on Facebook live YouTube from yesterday Started the meeting off like 14 minutes in I realized I was muted So let me just do a quick sound check to cure my power annoy and make sure everybody could hear me loud and clear I know that we're good to go across the trading room at least I saw from Grant and Ken just before Kathleen as well Great to see all of our students joining us though Ron and Lori as well Ken says that he could hear me probably unfortunate for Ken But nonetheless great to see him and everybody else though and for all of us in social media I believe I'm good to go there too. So without further ado, you knew I'd start with this, right? You knew I would and I'm not necessarily even talking about right. I mean, of course, right It's pushing up beautifully taking us into the clothes. It's almost up 15% at this point But there wasn't a whole lot that really moved from the morning in terms of equities I know that the Johnson and Johnson, you know thing ended up kind of tampering with the market a bit early on led to some good shorts But I'm gonna talk about Bitcoin. How can we not now, you know, of course, I kind of kept my alright I haven't really shown this as frequent over the last week or so I mean, I've shown you Bitcoin when it's made a steep drop and I was wrong on one or two occasions here But obviously it goes to show how strong this thing this thing is going to be let alone as it is now But I say that because if you go back to this afternoon meeting I've been following Bitcoin with you folks on a couple of different charts a one hour chart Which I show here and along with that a six hour chart Those are the two main charts. I've been you know showing over the last like many many months More or less stick on a one hour here for right now because you know I was forewarning us of a potential crash You know if if the cards went against us here But I said that because Bitcoin was breaking through the 500 EMA just a couple of different occasions And I know for a while it was dropping off But you know even here going into the last week right April 7th This is just about a week ago. It ended up crashing back below the 500 EMA on the one hour Consolidated back under there much like it did here and Here perhaps as well ended up breaking back over that red line across the other EMAs I have up here as well But that's where I'm saying it goes to show how strong Bitcoin is going to be let alone right now So obviously I've been waiting patiently. I've been telling you folks, you know I think it's gonna be really soon You know if you go back to the end of last week I probably was like a day or two early But we ended up seeing a ginormous pop going into you know The early stages of the morning here by like three four o'clock in the morning Bitcoin blasting off to make a new all-time high now over 63,000 and at this point, you know, it's still holding near the highs So let me let me flip to like a five minute chart a three minute chart here even You could see even going into this meeting Bitcoin was squeezing back up here towards The last peak and with that right was making a pretty strong move in its own right You know some other cryptos just while we're at it here I mean XRP ripple ended up making a huge move just a few days back But it almost seems as if there's no stopping this for right now Where's my light coin at my light coin right over here light coin LTC Which is kind of known as like this silver to bitcoins gold That's kind of how it's like, you know nicknamed, but nonetheless light coin making a very similar move and my favorite crypto here really quickly Cardano ADA that's actually my biggest bag I'm in this like I'm like seven cents ten cents thirteen cents This thing was just squeezing back up once again So those are the three that I'm primarily following obviously Bitcoin being the biggest of them Although not my biggest bag that leads me back to right So, you know, we've seen riot and Mara and Canon and all these other Bitcoin block chain block chain related companies Trending well going into this time of the day and almost every time I think it's actually been every single time They've never continued higher going into the afternoon. They never continued in their respective trends And I say that generally now the thing is today. I don't know what's up with Mara I don't know what's up with Canon, but both of those are pretty sluggish here Actually, Mara much closer to the lows of the day Not nearly as strong as you know, right in that move up and alongside Mara the Canon trade I know that was off of earnings from yesterday. So definitely a bit more volatile Ended up making a slingshot move up But still, you know, this is starting to push back up for right now But not nearly as strong towards its highs and not nearly as Correlated perhaps today to Bitcoin as riot is so it might sound tempting It might look tempting given where it's at heading into the close But we've never seen these blockchain Bitcoin related companies squeeze up higher or moving their respective trends Watch, it'll be the one day that it does But I'm not gonna put right on our list and even if I were to this stock in particular is like a level 5 stock as a New student joining C2 you know, it's definitely as a trial member I mean, I just mentioned you shouldn't be trading with us regardless just yet This is not the type of stock to do, you know, any sort of playing around with Of them, I'd say maybe I'd be most interested in Canon. I mean tight spread, you know, relatively cheap compared to riot Perhaps squeezing with the spy up to make a new high right now Perhaps squeezing with Bitcoin as we speak Maybe I'll come back to Canon, you know, if we have a decent list Maybe I'll just kind of keep it on the side. All right now outside of that though, of course I got to jump to the VTVT trade. So it almost seems like this wants to break higher as well Though one gripe I have on this stock going into the close is the fact that this stock and I said it earlier And you know, it's still kind of strong, you know, based on where it's at now But it clearly hasn't broken out much higher since this stock's trading over 200 million shares today, right? It's on a 14 million share float Something's got to give right like something's got to give here. This stock has been exhausted throughout the day today I mean, I made a beautiful run up ended up breaking higher going into the afternoon right off the 350 That was a beautiful entry if you're able to catch it right off the pop But from that point though, it hasn't really done much I was squeezed up and then came back down and You know for a stock near the highs of the day, it seems tempting once again But I think that this stock is so heavily traded that, you know for right now I'm not as keen to just throw this on our list I normally would be but we'll definitely come back to this at the end. Obviously. I love the VTVT overwrite in terms of the Price liquidity everything else All right got a call out from Grant a moment ago talking about the AAL trade actually not Grant My apologies there Jerry I got Grant and Jerry one on top of the other here in the trading room So let's go to AAL here quickly Jerry just mentioned that it is back up on the run Ended up making a nice drop-off as soon as the market opened today And that was what we were talking about earlier in our traders talk workshop So we ended up discussing the short quickly off of 20 to 20 the opening print Then the short from 22 the whole number Unfortunately didn't get as much and you would have expected it to given the news that came out the Johnson and Johnson Vaccine how it was kind of affecting all of the transportation travel based companies this morning a lot of selling off 22 as well in pre-market So to see this only dropped down like 25 or 30 cents from the whole number here That's kind of a lackluster move that early in the morning So, you know, hey squeeze back up more importantly it held back over 22 with the market pushing back up once again AAL definitely is recovered. You know, hey, I could say the same with AAL as I said just be here with You know cannon still seems pretty volatile. It seems tradable I want to just go from from top to bottom to see if there's any new new opportunities to work with going into the close But, you know, if you made money on AAL earlier today, then I wouldn't be surprised at all for you to follow That yourself going into the close I just want to see if there's anything looking sharper anything making more of a recent popper drop-off of news or so forth Actually, let's you know start from the beginning here. Actually, how about this? I'm gonna jump to this right now because I ended up taking a loss and call it a scratch trade But for how volatile the stock is it was a 4 cent loss. I jumped in it was a nice breakout off at 21 on the MFNC trade. I don't know what the news was on the stock from earlier today I don't have my Benzinga up right now in front of me, but for choppy pre-market move This was really ugly after the after the open. I didn't trade this at all at first Ended up, you know, just kind of flattening out afterwards really just trading in this tighter range holding on underneath 21 And maybe now it can make a potential squeeze, but the order book is so thin I was really anticipating just a home runner like bus type of trade So I came to this fortunately at the right time going into the afternoon like I really wasn't interested in this at all I had it up on my level four at least so I was cycling through that and I noticed it was just holding under 21 So, you know, I was kind of being patient with it I saw a pop and drop here more buying at least from that point So I said to myself off the next breakout if this if this can get over 21, I'll lean into the trade I took it on a half-sized position. I wasn't going to be trading this in a full thousand But you know popped up nice at first this looked really good as if it would you know make the big breakout higher Like I was you know hoping from the morning Unfortunately snap back down. I just bring this up because well, we don't know if this is gonna keep going at this point It is back up to 21. So this was meant as a day trade. I'm totally content to Content taking the tiny loss out of all this I was really do you know jumping or gunning for like a dollar move on this stock to see it at least run up towards 22 break high the day. I didn't get it, you know, maybe later on we will but I just think for right now Anyway at this point the spreads are still too wacky the order book in general is it's very light spread out volume on the bid in the Asks so, you know, I'm not as keen now to watch this as I was from before because at least earlier This was holding very nicely as a top So when I took it it was worth it, but at this point right now, it's just a lot more uncertainty to the trade This NVCR I probably shouldn't have even clicked it just very expensive stock made this crazy jump up in pre-market up like 85 100% I think it was even at one point ended up diving off though Wait before the market opened up and much lower after VTVT same thing with this this one just trading like so much volume again We'll come back to this at the end This one here playboy PLB why not the magazine ended up making a big squeeze up like what like a week and a half Two weeks ago from 20 broke out from roughly took off towards just about 32 ish pulled back and made the slingshot up higher I'd say the same with this as I said before on a MFNC, you know just To plank of an order book That's not easy to read and you just got to move on to another trade And it's not easy to read for me So I'd imagine it not to be easy to read for a lot of us here. Let's just say BTN this thing ended up making a nice Trend off the lows not to say like a nice move breakout wise. This was like as choppy as can be really minute by minute I'm talking about the trend off the lows. It was holding and still kind of holding here heading into the afternoon All right, the issue on this right? It's trading 13.8 million shares prior to a couple days back It was only trading trading less than 500,000 shares on average a day It has a 17 million share float. So not terribly low compared to what it's trading right now I'm not like the biggest fan of it right now, but it still is kind of holding a higher low You know if you hold over for here and blast up sooner than later, then I'll be interested in it Yeah, I guess I'll put this on our list for right now BTN. It's a cheapy good spread All right, another blockchain or Bitcoin really it's Bitcoin related stock micro strategy I mentioned these guys long while back before they ended up running up your first watching them at like 250 ish 225 not to say that's what I was preaching as a swing trade But this was the first company to begin to acquire Bitcoin as part of their corporate treasury So, you know, if you look up the news over the last six eight months their CEO Michael Saylor has been like extreme Advocate of Bitcoin and a lot of CEO has been following his footsteps in particular and obviously see what the company has done since You know just keep an eye on that as like a potential Bitcoin trade coming up, too Angie's list look at this. Is this Angie's list a NGI Angie Inc. I guess they renamed but Hi the day good liquidity on the book needless to be said. I like that So this will join BTN at least for it now. All right. I got a couple here so far now on our main watch list I know Fausto called out the NET trade a bit earlier going into the early afternoon and obviously still at the highs You know, this is certainly out of our price range normally, but you know, I'll put this on our Watch list for our level four to five traders the spread for a seventy nine dollars stock. It's it's a little big I've seen bigger. Let's just say so, you know, maybe if this can contain itself and even at this point right now It's still kind of trading light volume as it's breaking over seventy nine So, you know, if I'm looking to trade this I would look to see a pull back on this stock and then make a Sling shot up higher later on brings me back to Canon here So, you know so far there hasn't been anything I've been truly in love with so far this meeting I definitely wouldn't shock me if Canon makes the watch list, you know at the end of it I'll just say that and co-diagnostics CODX. Hi the day spotty chart trading like crap volume per minute GOVX same thing Nova vax familiar name just super expensive All right. We'll hop over to the loser's list folks. I think there's one more. I wanted to look at though I don't really see it. Maybe it slipped past me. Now. I'll just type it in the muds trade MUDS, right? Oh, no wonder why it's pulling back now. So muds we ended up doing all right on the stock I mean more from the market open. I ended up catching this off of 1350. Where is my treat here? Got in right off 1350 if it could let me show you my position 1351 I think was my entry price on a thousand shares. It's being a pain in my ass right now Alright, well, I got 22 cents on this. I was hopeful to see this run up to break a new all-time high up towards 14 I didn't have a chance of seeing that. I said a stop below 1375 and it took me out Definitely a good idea to place that stop and for right now, you know, it's a great sight list trade Maybe I'm not really seeing much to focus on for the afternoon just yet You know, maybe tomorrow will put this back on our list depending on where it's at But yeah, we'll pass right now. All right Let's hop over to the loser's list. Mara as I'm going through is actually breaking lower as we speak Mara Riot not breaking higher as well looks like Bitcoin starting to make a tiny pullback. So Check in with that in just a moment. See test. I didn't mean to even click this This is always the dummy stock at the top of the loser's list from trade station at least SMQ dot sqm dot are interesting I'm just gonna skim through a bunch of this crap right now. AXT I I was interested in this trade for this reason here this potential drop-off, but Just not really much going on right now And I said that from much earlier today because anytime you see a stock make this like funky of a drop right here squeeze right back up Hey, you might think it could actually break out higher the next day But otherwise the stock was an issuable. So I was kind of hopeful for a drop-off today This was not on my radar as much going into the open. I was much more focused on that VTV T-Trade But nonetheless, it looks like I didn't miss out on much here So, you know, maybe tomorrow maybe for remain remainder of the week keep it in mind But for right now, I'll see if there's better-looking This looks better-looking AHCO not necessarily in terms of the order book, but new low of the day right now a huge spike of volume here Looks like a ton of transactions getting filled a hundred K prints getting filled 2923 ish 228 now, what's the instant reaction afterwards right off that? Right off these prints coming out. Well, it's dropped off But it hasn't truly broken below the next major support yet the next major supports off 29 So why did those prints happen? Could that be short covering and for this stock to begin to squeeze back up? Or was that the beginning of a new breakdown and this is just gonna slam below 29 and just drop real fast? Oh Started to break 29. I'm gonna put the line right to 29 23 and then alongside that I'll just draw one really quick 29 28 Just put both lines there off those two print lines right off 29 23 ish 2928 and then major support you would imagine to be off 29 But there wasn't a whole lot of volume filled there off the brakes So that's where I was saying be careful. This might really begin to drop off now. Yeah for right now We'll put this on our list Yeah, I wish it did have a more liquid order book So what else do we have here folks? Admiral down 13 percent familiar name. It's doing Jack right now unfortunately, but this one kind of crept up the losers list here today Didn't it ended up dropping off as soon as the market opened I mean just steady drop off from that point. This you know has been a sideless stock Ken says here in our trading room It was our favorite from last year. I'd even say the year before that. I mean, I mean, it's been on a radar for a bit Right here. This is how I mean 2018. Geez time flies So I remember this as if it was yesterday, but it was 2018 stock ended up making this huge Like after hours run and then the pre market as well, but the stock was shortable that day Wasn't really a great short that day just kept going up after but you know, it remained shortable So to see a stock make that big of a pop and then move up You know it's gonna drop and it provided actually a really good opportunity as a short later on and been on our radar since You know more off than on actually of late, but anytime I see the stock pop up pop up on the gainers or losers I'm interested right away Unfortunately, just very slow right now. So maybe tomorrow Fbio another familiar name just from the last few days of this week from yesterday dropped off quite nicely and for right now Actually starting to make a bit of a squeeze Again, the side list will kind of keep this on. I like the cannon trade a perhaps a bit more We'll check back in on a VTVT American Airlines and all of those others that we kind of just pushed off on the side Wouldn't expect to see a whole lot on the losers list with the spy and the Dow just running up really nicely here All right, so folks, I'll toss it to you on a social media here Just let me know if there's any other stocks that you would want me to call out look out here Of course for all of us live inside the trading room you folks know Dan on YouTube USA with a question mark Whoa, look at that. I thought he was asking it for American No, I'm joking with that. I've never really looked at this symbol before though. Good old USA Look at this Liberty all-star equity fund Hmm. Yeah, this seems to be a fund I don't know in relation to what sector if any maybe Take a quick look, but you could see this has made the quintessentially the same move as the major markets Look at the spy. Look at good old USA Now what explains this pop? I have no idea I have no idea what explains that pop and that will actually warrant me to bring up Benzinga pro right now I told you that I didn't have it up and I don't but to see this type of pop here. I'm definitely interested It's not up, you know more than 2% really so it seems good on the chart But when you look at percentage wise, it's got a ways to go to show any sort of like continuation Back on or just yesterday. They ended up raising their dividend from only only raised it up a penny It's not really that big but I Don't know Dan interesting interesting to look at that's for sure. I appreciate you typing this in the chat board I'm not as jumpy to trade this. I'll tell you just because I feel like this will come back down It's a fund. I know that for certain too. So level three might you know Look a lot different in terms of trading this compared to a publicly traded company and equity I should rather say But we'll keep this on the side. That's for sure Ken says VTV T pumping It's crawling it's crawling and making a move enough for us to put this back on our main list here so we'll give VTV T a second look it's you know back to the highs officially and you know got a few cents away, but You know, hopefully this can make the move that we would all dream about right You know just I'm a little concerned about the amount of volume traded across the day Comparative to its float given how tight the spread is at least it's it's well worth the attempt If you get stopped out on this trade no problem This would be the type of stock that's very tradable so long as you set your stop and manage it Well, the last thing that you want to do is kick your feet back Enjoy Margaritaville only to see this thing slam right back down and you'd be on the wrong side that trade because you know I said it before 350 was a really big level from earlier today And it's taken it sweet time to make this move back up right now So, you know, this is going one of two ways here folks This is gonna be a big breakout higher into the close or this is gonna be a false breakout It's gonna slam right back down Again, the fact that it has a tight spread and really good liquidity on the order book makes it really interesting To try and trade just make sure you set your stop. That's all Alright, we'll jump back with that in mind to Canon a al I guess FBI O2 I put on there Canon not doing a whole lot. I'm not really a fan Al you know if you trade it if you traded it from earlier today made money on it Then perhaps you keep it in mind going into the close, right? Norman asking how about CCL same thing Same thing here So look at this FBI O making a pop right behind our backs I I said we're gonna put this on the quote-unquote side list and I would check back in with this just before we finished up, too Alright, so is this gonna make the list here at this point? We don't really have too many stocks on our list here so far I think in total we only have five and one of them is like the pretty expensive any tea trade So, you know what for right now? FBI O it's just tradable. I mean for right now It's making a pop will respect that and follow that potential pop and you know trend up higher But if it makes a false breakout and if it craps out the other way then it could be a pretty interesting short opportunity I think that answers our question on riot Check back in on my crypto before we finish up my Cardano dropping off. There's Bitcoin dropping back down a little bit here Sure, just a healthy pullback in the grand scheme of things We'll see what happens over over the evening going into early tomorrow morning, right? But yeah for right now We'll keep right on the side cannon on the side Mara certainly on the side that thing is Tanking at this point the Mara trees So if anything Mara might be a better short to watch going into the clothes than anything else All right folks, but outside of that I think in total we have a good list to work with six stocks in total I'll post and tweet these out for all of us in social media For all of those as well in social media if you haven't already make sure the like subscribe notify as we preach just on our YouTube channel Make sure that you know when we're going live when we're not so the link to that's right at youtube.com slash Cyber trading you otherwise if you have yet to do so on top feel free to join us live Monday to Friday live inside our cyber Group trading room. I'm gonna be on a coaching call myself from three to 330 I'll be back on the mic at 330 taking us going into the clothes. I'll talk to you soon folks. Take care