 Alright folks, we are back welcome on back for all of us here collectively on social media and of course inside our live trading room The cyber group room here this Wednesday. I keep losing track my days this week. I thought it was Thursday just earlier I just thought it was Tuesday in my head just a second ago No today is Wednesday October 18th great to have Ryan still with us here right now and a few more of us Just joining us right now inside our live trading room Gary Chuck and Dre a bonjour to him Got Jeff got two Jeffs right there, right? I got a few of us more Michael later And all of us just joining us right now inside our live trading room as I had said But back on social media Facebook live LinkedIn Twitter YouTube, etc. Great to have you back as well Let's follow the market for right now to begin because you know, hey all of us even if you don't trade Tesla I know that everyone's following Tesla earnings going into the close today So that said the market is going to definitely give you a good gauge as far as what is likely to happen across the afternoon here So what I mean by that is we had a nice drop heading into the morning session early afternoon Spy ended up bouncing off my support level at first. It was just right around 431 and change I spiked up. It was pretty much around the same time as some news that had come out with like a Fed Speaker giving some remarks. It was right at 1 p.m. Led's a nice little pop at first, but here is like our 50-50 because we haven't had a higher high yet, you know from that point Maybe this could be the higher low when you look at the spy chart here this orange orange graph here on the five minutes So let's see what happens even during this next 15 20 minutes as we go through this meeting and we'll see where the spy lands But obviously Tesla TSLA, you know, really one of the focal points inside our live trading room this afternoon Ended up getting smashed today, right? This just dropped off so badly at the open little pop then it had dropped off But actually I want to go back on this if I may really quickly because if you're not on social media If you're not with the times as we say, you know, just on social media YouTube certainly but otherwise on Twitter You know, we've been posting a lot on Tesla on our Twitter feed You know of last 24 hours and something that I want to show for all of us here collective It's just the fact that we had this huge iceberg order. This normally doesn't happen We had this crazy big iceberg order on Tesla going into the close yesterday. That's normal that happens But they ended up remaining out there across the whole duration of the after hours Leasy to ask why right? You know got to put yourself in the shoes of a five-year-old as I had said earlier in the week And traders talk why why well one of two reasons like we're gonna see the bulls outweigh this bear And it's gonna squeeze through them and run up that didn't happen obviously or we're gonna see this end up Just holding resistance or otherwise just did a gap lower already But even after the market opened up we had our pop and then drop right back down. This just screamed right back down So easy to say in hindsight here, but whoever was selling a 256 perhaps was not Intending to sell there, but they were just pressuring Tesla down Preventing it from squeezing up any higher at the time heading into the close yesterday. So You know, hey, perhaps they're short perhaps They're expecting more of a drop-off if not today then perhaps going into the earnings report later on this afternoon Right now. How can we not put at least Tesla? TSLA? You got the ETF also, you know, if you're not trading the stock the equity you can trade this ETF here This is not a stock. This is an ETF, but it tracks Tesla itself TSLL just much more than our price range much more liquid Both of these are gonna be on our watch list immediately tomorrow morning in pre-market They'll be on our watch list at the open like guaranteed But you know with that said we'll see if there's any action on them heading into the earnings report Normally, I'd say that there wouldn't be but with how volatile Tesla is as Polarizing as you could say as Elon is you know, a lot of people have their eye on it and with more people comes more Volatility, right? So that's where we do appreciate Tesla this week even before earnings come out This ticker is down six plus percent. So there could be a lot more left Especially if the markets end up sinking lower here coming back to the lows Lot of talking today from the beginning of the day up until now a lot of coaching which it's great because last two weeks I was like COVID and strep throat comedy feels good to be back on the on the coaching grind but Little what a break there. So actually what we'll do though is go from top to bottom A couple stocks earlier today FFI obviously I'll get to the SPR trade which we'll get to and KTX I'll update you on that in just a second here. But what we do Here Joe out members from this week joining us inside our live trading room I you know, we look to just scan the market right away go from top to bottom Yeah, you know, we recap Tesla briefly will run into the FFI as I had said but You know, just really the stocks that are the most active the ones that are up the most down the most That's where we begin with then we'll kind of weed through them So, you know one thing to begin normally a stock below a dollar It's not a real penny stock because it's listed like legit on the NASDAQ It's not a penny stock, but I see you it's below a buck and normally, you know You don't really tend to focus on a stock below a dollar, you know desperate times call for desperate measures, right? You know in that sense, perhaps you can look to follow it. It's on a nice trajectory up and Similar to the FFI which we'll get to in just a second This thing took a huge hit even back from the end of last year up until like summertime heading into like just even September So perhaps there could be more left on some sort of a short squeeze. I'll write this down for the side list I'll come back to it if I really need to desperate times call for desperate measures, but Let's see what else we can grab here. I Aumn again, it's that's gonna be the theme of the day a lot of these stocks that got beat up over time short squeezes potential Just you don't want to hold your breath waiting for it because you take a look at look at a lot of these They've dropped off for an extended period of time. So, you know, they're all gonna come right back down eventually to that That's a huge part of these trades. They're day trades. They're not swing trades So, you know, we'll follow up with them over time But, you know, even if we do follow this aumn a little spotty here on the order book moving up a little bit Again, we're not just gonna hold into it. We're gonna close before the end of the day today. That's the key. Oh Actually, hell the house the sassy trade moved right back on up heading into the late morning early afternoon Actually, I'm you want to bet the rich called that out in the chat board for us there I didn't focus on this at all up until right now. This is my first look at this trade So mean chat there right rich there. I got Oh, I was wrong rich snuck past you as well Maybe it was on like really low volume though It looks like it didn't start trading a lot of volume at least up until 1115 when it made this pot That could have been the reason as to why I moved up towards seven, but then again same deal though came right back down. So Listen folks, I cut it straight. So I'll tell you if I caught a move I'll tell you if we watch to move the whole day this no call out on this Actually from 450 up to 650 but it's on like crap volume looks like so Not really for us Look at the Be IOC if I'm not mistaken. This was on the top of the gainer's list to begin the day So made a big pop. Oh, this was the after hours are from the after hours last night But then same deal though came right back down complete gap fill for the most part. I'll be it's still up 23% but You know a lot of those you just got to weed through right now I just know that we have a lot of new new members So I wanted to show a couple things here and there a couple little quick lessons that are easy to go through now with the market Dropping off one quick little lesson to go through is UV XY man, this thing's been volatile today, right? So higher lows now with the market potentially dropping lower wouldn't hurt us to slip the UV XY ETF on our watchlist for right now I just saw the UV X there. It's similar, but this one trades more volume. It's gonna be more liquid Alright, where was it? I skipped over it probably right FFIE FFI there we go, baby So we got a lot of new members joining us inside our live trading room and of course on social media at cyber trading you Not just on YouTube but on our Twitter feed Actually special couple special attendees right now. I see Garrett Sabrina great to see you as well So, you know on this trade FFI this ended up making a nice squeeze up once the market open It took a little while to get the gears going. So you can never guarantee it's gonna make any sort of move But looking on the FFI, let's just go over this briefly See if I have it still up here. I hope I up there we go. I gotta close out a couple of these That's what Fausto is really good at. I gotta do a better job of myself I gotta clear up a lot of the crap that that's on my book map. It's so in the late morning So with the FFI look at this this out here all morning ran up yesterday was up 28% yesterday Came out with some sort of news actually on top. I wasn't aware of that up until the late morning today They're an EV company. They ended up EV maker They ended up coming out some sort of news at least at the open Well, it's a nice pop But it was more just the fact that we had this iceberg order out here at 128 103,000 share order if that wasn't there I wouldn't be as confident to Anticipate a potential bounce. So at first over and under pulled back and then from there I just kind of flattened out didn't break any lower kind of got caught in between these next two orders I showed up on the bid but more or less for myself once this rebroke over 128 like that was my trigger that was the trigger that we had called out inside our live trading room It was a beautiful move up for a cheapy stock like this to go from 128 up to near 160 very impressive But a couple things on this we had this order at 160 I was expecting it to you know move up higher towards there They ended up pulling their order moving it up even higher up to 170 So in the chat board inside our live trading room, you saw me post it before the meeting started here Then taking all sorts of snapshots for our Twitter feed here today, but actually Just a last two posts I made there we go get it across the board So it's on the stream so at 2 12 Eastern time I wrote inside the cyber group room inside our live trading room need to see some new iceberg order on the bid pop up for FFI a break under 155 could be troublesome Thankfully didn't do it just yet and moved up a little bit higher then from there I said 170 good place to begin to take profits on the FFI But it could go up much higher if the crazy start to jump in from here and run it up That you can never guarantee but this is where we had our next resistance You want to sell into resistance into demand? So right here at like 167 168 Beautiful sell just to begin to take the profits at least there the reason why I think this could go up much higher is that This ended up dropping off for quite a little while over time over the last year year and a half But you can't just rely on that though The stock had a reverse split that happened back in late August time Even it was here like right here. So even after that split they just got crushed even that much more another like 50% drop-off It looks like right from here. This is the only green candle that looks respectable It went from 384 up to 545 You know decent play but then it came back down and then with the news that we just had here Over the last 24 hours or 48 hours I think that there is good reason to see this try and squeeze up higher It's only up 18% today. I've made a 28% move yesterday Let me ask us here later Lawrence Brian Michael inside the cyber group room at least how much was TPST up? How much was TPST up percentage wise when we traded it do you recall I? Know how to take my water breaks in between here, too Ryan says up over a hundred percent. Oh my friend who up way more than that like Miles and eons ahead of a hundred percent. This made a 3000 or 2000 percent move based off of the prior days closed this into the 24 cent stock closed at 977 like nine whole dollars and 77 cents later right even here I mean obviously after such a volatile pop up goes one or two ways I'll keep dropping over time or you might get the second wind type of move Which this did make here back from Monday and then yesterday, but you know from Friday closed 364 ended up hitting a high of 745 back on Monday. So am I greedy for thinking that FFI you can't go higher? Or my grief for thinking it could go higher I mean, you know, I don't think so just keep looking for higher lows if we get a lower high Then should we get a lower low after that's where you got to pull the plug and take the profit in full Yeah, definitely FFI long story short don't want to keep flapping the guns too long here We'll put this on our watch list definitely for the close Brian look at you man Brian inside our live trading room just got 50 cents on puts on UVX or I'm sorry on a call I'm sorry for UVX why I was in my head thinking market drop off So UVX why there this the ETF Brian but Boston calls on them got 50 cents at least on it just there They go in and out sold right at resistance and he could look to jump back in on a new trade You know if it ends up breaking the highs or making like a stronger run hero, you know in the next few minutes So nice catch from Brian one of our longtime students. All right, so, you know Hey, what else we got here on the gainer side for right now markets are plunging So probably not gonna find much more But if there's anything else looking good on the way up definitely definitely let me know here in the chat board Each USA I saw this earlier if I was to called it out during the morning a nice run up But it was a little spotty. He had said that point blank So ended up topping off a little bit after man even here a lower high, but came back down So let me know again if there's anything looking good on the way up like that AR DX I don't know we'll check back in with that Brian, but that wasn't looking as good from earlier actually really quick and KLX was it and I'm losing track here my tickers Nktx my dyslexia been a long week already. Ah, I got stopped out All right, so I did just get stopped out right here just tiny trade in and out But it was off that 320 level as I say that the damn thing's pumping back up But all right. Well, hey, you know what it can't win them off this thing flies right now I actually will be a little upset since it just pulled back and freaking could have stopped But you know what hey for us here that's not in on the ffi with You know a lot of us here inside our live trading room then this could be a good opportunity still for you I was gonna say this was not looking as good so long as it was under 320, but it's like still nipping it. So You know earlier today, we had a great opportunity for a new high nice pop And it just failed to really make that larger reaction, right? You know popped up 10 12 cents, but you want more than that. So I Ended up pulling back But even from there just now like it's trying to inch back up one more time FFI trying to inch back up too. All right. So, you know, hey that n k tx my dyslexia killing here today I'm gonna put that on our watch list also both Still look all right that nk tx. Hopefully Still have some time left on that. I see if there's anything on the loser's list though here See if there's anything looking good from this side any good shorts, you know name brand crypto stacks You name it gotta go through this like delicately bunch of stuff hard to borrow, but I don't want to like Just kind of skip over everything Rare not much happening there Uh apld down 12 percent. Wow. This thing's a four dollar stock right now. Jeez. I remember and this was like Yeah, like a nine ten dollar stock back earlier this year Took her eyes off it after a while as you could see it pulled back So, you know, we lost our focus on it just you know looked at the next day trade from there And flavor the day but you take your eyes off stock after a while. Jeez this thing got clobbered over time All right, so here's a few rivion. All right, right away bingo down near 10 at the lows just broke under 18 Uh, you got a smaller order on the bid here at 1790 that could be a little support to backup 18 But obviously rivion really good short right now We'll take a look at the airlines too um crypto stock riot Just normally in the afternoon the cryptos don't do as like strong, you know, mares actually looking pretty good But like I just said, I'm going to hold myself to that where the crypto stocks normally don't Make a strong of a move in their said direction in the afternoon sessions meaning like if they're up 15 at the highs We always see it. They never make that illustrious pop Uh, you could likely say the same thing on the way down here You know, they're down really not a whole lot percentage wise Maybe that could be a reason to put them on our list because they're not down that much Maybe there could be more rooms to go right for right now. I don't have a great need I'll put them on our side list though. I'll write them down at least and we'll come back to them It's like 315 330 if there's nothing really looking good from the main list All right, so I do want to jump to the ual's of the world the uh airlines that are you know, american airlines I think coming out of earnings today. I think or tomorrow morning Uh, so ual reported earnings. They got clobbered early at the open Fausto is like on point to the max on this trade He had called out the short from the gecko dropped down towards like a bunch of buy orders out there around 37 And it kept nipping down lower and lower. So as you can see here, it's pulling back once again I like this trade as a short Looking pretty good ual not just for my job security, but definitely just as a chart looks very good I'm I'm kidding. Don't worry. Fausto is not firing me if I don't put it on our watch list a little inside joke I like to say Um, oh great question here from our student reberto. I'll shout him out here right now because yeah It's a very good question that leads me right back to Plugging our twitter feed. Hey, all of us inside a live trading room all of us otherwise on youtube follows on cyber trading you across our Twitter feed and across our social media feeds that are just giving a quick second there reberto I'm going to type that out to you there in private chat Almost accidentally sent out a coaching link Accidentally almost sent out a coaching link. So again for all it's just on youtube on top Actually, our twitter feed being at cyber trading you if you're already there. Congratulations But otherwise make sure you follow us there doing a lot of it's on their book map level four related as well All right, so ual on our watch list rivion on our watch list as a short two Pinterest down here five percent Not a bad trend there. I mean as a short Uber not down as much percentage wise, but also obviously dropping down pretty steadily here It looks like it's cracking below support historically more just back from august neck historically But like back from the long-term chart as a day trade Uh, seemingly it's like there now actually Yeah, 42 95 the low back from this point here back in august 14th Uh, 4308 the low back on this day. So it's it's like right there If we got a strong break in the market, this actually could be a good short setup here Uh, you know, I don't want to put every stack that looks like this on our watch list We might end up with a pretty damn big list here at the end of it all Right like x All right xpev is down a lot percentage wise I don't know how I didn't catch that maybe just the hard to borrow tag Maybe kind of skip over it, but yeah xpev in particular. I will kind of slip on our watch list for right now draft kings Down five percent This looks like a giant pennant here looking at the the long-term chart the daily chart So something's got to give there actually I'm going to put this on our watch list also is a short opportunity And that might that might be it that might be it folks There we go. John in and out on the ffie My friends. I think that we're going higher. I said that to you earlier Right and so far so good I I I think that we go higher here heading into the afternoon Looking at that daily chart. I think that we go a little bit higher, but Obviously, no need to be a perfectionist if this just even bring I do like that two level that looks pretty awesome social media facebook live linkedin twitter etc We appreciate you folks joining us each and every day each and every afternoon looks Look to follow us on all of us on all of our feeds as well But if you're interested in joining our students like john and kathleen ravina later ryan brine and all of us there That runs Make sure that you scan that qr code on the top left of the screen on the stream right there Get you access to a week-long trial inside our live trading room. We have loads of education workshops We have all of our main chat featured there our instructors that you could look the private chat myself and Fausto Namely we look forward to seeing you there, but Rich will be on the microphone folks in just about eight minutes to go here at three o'clock eastern Did I mention a firm asks mike? Wow this thing got Slammed from 20 bucks earlier. Holy smokes. I mean You know, hey, we said it earlier, right? Like why is this not like pumping up as well as it is Like it was retesting 20 retesting 20. There wasn't much resistance at least until 20 and like 40 cents What if it's not making that big move up? It's only going to make a big move the other way But I wasn't expecting this to flip the whole other way around and be down over seven percent mike. You sold me AFRM we got it on our watch list now now one more actually as I jump back to benzinga pro. It's about to sign off here Oh never mind. Hey this thing alerted me right now this thing Said this thing was up seven percent just wants to take a look at the chart But obviously looking at this graph this order book. I don't know what the hell this is We're going to move on folks. We're going to finish up from this meeting We got a great watch list though heading into the afternoon And um, again, even after the close look to stick around with us inside our live trading room We're going to follow tesla up and down off the earnings over the you know 30 minutes after the market closes. So stay tuned with that folks best of luck trading going into the close here And uh, we'll catch up with everyone in the chat board pretty soon. Take care