 All right, folks good afternoon and welcome on back continuing our day closing out our week this Friday, January 29th In fact as I said yesterday actually closing out our month welcome on back here for our afternoon meeting should be good to go across both Both boards here loud and clear from John David and Bonnie asking about Bitcoin here We'll talk about that in a moment We ended up posting the picture just before inside the inside the live trading room Great to see all of us though Michael Leda Laurie Renzo David James as well perfect All right, and for all of us joining on social media Facebook live and YouTube welcome on back You know, hey a lot of vaccine talk today, right? I think the news came out this morning regarding Johnson and Johnson Lack of efficacy at least there. I think it's like 66 percent effective And with that I mean just we ended up seeing not just Johnson Johnson dive off But we've seen a lot of these you know COVID vaccine stocks that we've been trading over the last several months move up and up today So, you know, hey, I know an OVO pharmaceuticals we've been following the stock I mean really back from February March, but you could even see on the daily chart just back from Wednesday of this past week We saw it squeeze up Tuesday. It actually started to make that push. So this was a not to say specifically grouped with like GameStop and all of those however It does have pretty high short interest I was reading that website high short interest calm and you scroll down a little bit It's it's near the top. So this I know trade was squeezing up early and pre-market more so after eight o'clock Eastern time We ended up catching this really after the market opened right off the first breakout from 1250 That was the opening bell print book going into the late morning You could see it bounced from 12 and moved up It's just been a very good day trade at least so long as you follow the right levels the 50 cent levels and whole numbers Our focus was to be honest more so on the VXR T trade throughout the morning I was following the I know more heading into the early afternoon But VXR T another vaccine stock ended up making a huge move up once again today So similar move is I know popped as soon as the market opened up but much stronger trend throughout the morning Squeezed up gradually up towards 11 1150 and then broke out nicely from there So for the meantime here, it seems to be trying to hold over support over like that last breakout here basically 1145 1150 if If you get break back over 1150 I'd be interested in seeing it hold support over that price and for it to run much back up You know not to say break a new high of the day, but perhaps at least see 12 again So I don't mind slipping the VXR T kind of on our side list to begin the I know trade I tend to like more at this time right now I feel like it's kind of closer towards that breakout 13 level unless it just dived off a little bit Yeah, it's diving back a little bit right now I was hopeful more hopeful to see this squeeze up towards 13 heading into the afternoon All right, maybe we'll check back in with both of these just at the very end here I mean, I love the VXR T still I just want to see if there's anything looking even better more promising perhaps All right, so I will say though we ended up seeing Bitcoin make a huge pop overnight I know that Fausto is talking about about that briefly during the morning briefing the morning meeting there Right ended up taking a nose dive today I mean more so profit taking across Bitcoin as soon as the market opened up and thus you saw a dropoff within the markets entirely The Dow and the S&P so right was actually a great short as soon as the market opened up I wish I ended up jumping in I wanted to jump in and I'll tell you this I just you know kicking myself obviously now at this point for not but when I saw Bitcoin begin to break lower Heading into the mid-morning. It was roughly around like 22. I think it was even like 2210 I was contemplating this, you know lower high here or higher low here and say, you know It's probably gonna break down if Bitcoin's moving. I didn't pull the trigger It's so shaky minute by minute it maintained a very slick trend off the highs So that's where I could say just you know kicking myself or not pulling the trigger on that and you know For the meantime here at Bitcoin still seems to be pulling back. I mean the markets are Kind of rounding off right now I was gonna say lower highs but kind of higher high over the last like 20 minutes the Dow But pulling back down here. So for the afternoon, it would be a great opportunity to try and follow the Dow the S&P follow The markets as we like to say collectively. We'll check in with some of the airlines the cruise line stocks in a moment Some other Bitcoin stocks I was pretty hyped up to see trade this morning. Unfortunately, they just went the other way FTFT, we all know Mara at least I didn't show that but BT BT another one gr and Q These are all stocks over the last, you know Two months, I'd say one to two months where we've seen big news come out on them We've seen big runs or pops and you know, they're active in pre-market with Bitcoin, but man, they all fell off. So it's a shame All right, so what we'll do folks is go from top to bottom here I wanted to go over just those briefly and then from there We'll kind of just scan through see what we have heading into the end of the week We'll say right off the bat VXRT. I have up on my other screen right now It broke back over 1150 already. So maybe I do slip that on our list here at the end the si eb You knew this was gonna be a dump right away I mean literally it was dumping off heading into the open that that is your biggest clue But you know, once this gets halted on the way down just I mean even here once that game over that's it I'm not even trying to trade that thing AMSC is probably gonna end up looking like si eb probably in 30 minutes or less I mean halted on the way up right now Just very thin volume traded across the day just for the end of the week not really too interested did really good on Wednesday myself Thursday yesterday actually the morning was bad and then yesterday the afternoon was decent I ended up still having a negative day, but not nearly as much as I thought I was gonna be negative So with today up listen, I'm not trying to risk anything. Why would I try and just give back at that point? Unless it's going to charity But I don't I don't think it is if I take a loss here in the stock market All right, so we also had the news out I mean, I guess it's perfect timing since I'm rolling up to AMC and GME here So folks you probably know a little bit more than me I'm sure one or two of us do but I skimmed on Benzinga here quickly before I started the meeting just to get an update on all Of that so Robin Hood what happened they ended up allowing trading on GME and GameStop I think they only did it in very small quantity shares if I'm not mistaken rich L in the chat board He posted I think that Robin Hood is allowing traders to take two shares. Is that Right or wrong? I Looked on Benzinga. I thought I saw that They're allowing two shares per position. I don't know if that's per client or per position, but Yeah, I mean either way we ended up seeing a big drop off heading into the early afternoon the market open really But you know at that point I wouldn't have expected it to break out much higher and run back up So you might get a nice little squeeze here up to 13 and above on AMC GameStop, I know that there's some options expirations here for all of these heading into the end of the month So you might see you know volatility from that GME bouncing from 250 perfectly here right now a little scout move, but Yeah, I'm not as interested in those heading into the market open today I told myself when I was I kind of prepping up my notepad. I'm like, you know What gives me the best opportunity to make money? Do I know for certain what these stocks are going to do? I mean, I guess I never know for certain what any stocks gonna do But you know, do I feel more certain on this as I would on the VxRT or you know any of the others that we ended up trading from This morning even you know, hell the LMFA here actually number 11 This didn't make for the greatest trade up until the early afternoon, but it made for a nice bounce This was much easier to read You know, I knew this would drop off as soon as the market opened up given how much it was up percentage wise But also it was trending down heading into the open So, you know once it pulled back and broke below support off of 275 it was or 270 that was it So I ended up catching this off the balance right from 195 and then from to I did like two separate positions in and out quick I ended up letting some profits slip away here off the top. I got out right off of like 223 here at first All right, we keep it pushing. What else we have here folks. We got the I and O Of course, I said I'll jump back to that at the end shipping stock your tops teaser Pop and drop and I mean collectively, but it looks like it could have made a good move I didn't follow this at least earlier this morning. I was caught up on some other trades Same to be said on express though like I said on AMC and GameStop, you know Probably see a little volatility heading into the end of the close here today, but That doesn't always provide certainty I like volatility if it provides at least some certainty with like level identification with the move all together I just think that they're a better trait so far Actually, you know what as I say that I should probably correct myself because as I went through the whole gainers list I didn't put a single stock on our main watch list. I said we watch VXR T and I and O. Oh Man, actually we have nothing so far All right So maybe we just jumped to some sideless stocks at the end like the airlines the cruise lines if they're gonna move With the market perhaps Folks this goes across the board for all of us on social media, of course all of us live in the trading room Let me know let me know if there's anything that you see up or down that you would want me to check out open game here Probably slap VXR T on our watch list just given the move back over 1150 So I guess we'll say we have we have one on our list officially now. I guess DQ Hey, we sing it's Dairy Queen for time. All right either way pretty expensive All right VXR T is over 1150 so long as it holds over 1150 and breaks this trend line off the highs I think that we're good So I'll put this on our watch list for right now From Ronnie's asking about space as PCE another high short-interest stock that was pumped up over the last few days Probably like one of the most or one of the highest short-interest stocks out there like GameStop this and AMC Very volatile right so if you do well on it Ron Then I'd say probably follow it yourself But I wouldn't be as keen so I you know put this on the main list for everybody just yet same line as that like AMC GameStop all of them Michael asking did you ever take a trade on your ex US Steel? I did not but I'll tell you it's down 5% It's not down enough to make the top of the losers list I guess with this crazy market, but it looks mighty good right now Mike I mean hey, we'll try and follow it on the way down heading into the close either way still seems to provide good direction and You know decent volume traded per minute, so you sold me I Got it cool as GRP from Wendy of 38% just popping right now, so I'm not looking at my Benzinga pro right now So good call this would have popped up. I'm sure as GRP it's traded it trades about like 250,000 shares a day on average. Let's say probably less even Yeah, 218 prior to today Popping up beautifully though right now, so be careful of the spread, but otherwise has a good volume on the book I want to check the float on this this might just be one of these like low float pump and dumps from like yesterday We saw all of them move yesterday and when I say move Not really that well on the way up and just all up things sharp down SGRP 7.99 million share flow and relatively low All right, we'll put it on our list though Definitely a good call and see if it spreads tight enough if this provides a steady move up still is MTE X a pump and dump I'm getting asked from David here in our trading room Yeah, I'd say so at this point, you know move from like 185 up to 235 dumped all the way back down at 2 Talking 50 cents on the way up 35 cents on the way down Pretty exhausted Now that was my concern about VXRT that I mean you're talking about exhaustion like this moved up moved down But this provides more volatility. So that's where I was saying so long as this holds the 1150 and it moves up We could see more opportunity on this trade in terms of like how many cents per share you can make There we go, Ron. I know it. So Ron was asking about space. So he was in it There you go picked up a dollar on it from 44. He was out at 45 All right, cool for anyone on YouTube. I see from Nicole asking or saying they are not closing out any calls They're puts expiring today. Yesterday. I striked on RIG. That was actually stocked. We were trading yesterday No, I mean to within the week up. Yeah back on Wednesday, then tanked yesterday They did not recognize the cell geez and they call what broker using I'm sure that's crossed the board across several brokers just curious Then from hefe you saying my bed. I'm new. I don't know if you covered already, but how do you feel about cat B? Ooh, all right, so let me jump to cat B. So this is also kind of like, you know It's not a full dump off just yet But it's certainly making a lower highs pulling back down here. Yeah, I guess you can call it a dump off now But you know ended up making a beautiful move from earlier this morning. So that's where I'd normally say I wouldn't expect this to make like a clean move back up heading into the afternoon Nah Robin Hood. Jeez. All right. Yeah, it's tough. I Know that it's not just Robin Hood. I mean TD Ameritrade back on Wednesday limited things I know Weeble on Wednesday limited things. I think they opened things up yesterday afternoon, maybe after the bell even but it's all over I think trade station. I they haven't restricted me or anyone that uses trade station. I don't think I Think E-trade they may have restricted to a degree and that's tough That's why even this morning I was saying like to myself at least and just said it before you see you folks like I'm not trying to trade stocks that I'm more uncertain of right The only thing for sure in this market is that nothing is for sure and that goes across the board for any day of the week And then of course given what we've seen this week a let alone So, you know, that's why I was more focused on the Eno trade. I know this morning Just I thought there was a much better chance of a move up that at least after the market opened up Yeah, this looks pretty lackluster right now. That's why I was more interested in VXRT at least between the two All right folks. So I think all in all man. We got three stocks on our watch list This might be the shortest list I've ever put out in the six years in the six years. I've been doing this Latest saying suppose BB blackberry is in recovery or still dropping could be making that same spike or move up as like space Game stop AMC, etc. I feel like they're moving somewhat similarly all of them So at least this one has tighter spreads and more volume on the book I would say that's myself. Well, I was saying that's myself this morning I actually had of all them and then more so yesterday afternoon So, you know what we're where we're at a shortage of stocks to put on our main list I don't mind putting this on for right now BP Looks a little bit easier to follow compared to the others pop on RIGL says David really good call right here You know the thing on this trade though It's like fool me once shame on you fool me twice shame on me this thing popped and dropped on us earlier today And I called it out. I didn't trade it. Thank God But like just I wanted to and it came right back down after it threw me off guard and I mean, jeez. I don't know what's happening here to this trade, but I guess I'll slip it on our watch list, right? Like I said yesterday, it's and we're not gonna force ourselves to trade this if there's no trade after we finish up this meeting But definitely a great call in terms of the spike. I hope to see a lot more from this point Mario, I'll talk to you about Mara here once we finish up the meeting But I'll be honest all those stocks don't seem to be too interesting to me heading into the close. I Mean Mara is like at support right now at 20 at 11 90 or at 1990 the low of the day In 1990s the closing bell print from yesterday, too, even you got a request on Sorrento s RNA I unfortunately I thought this was gonna move up with a VXRT and I know earlier today I set up a stop limit order to buy over 1350 actually this line that I pretty much have here and I didn't get filled I mean it was pretty much right here and once it pulled back under I set the stop limit order just in case if it were to break out again and run with the rest and it just didn't So I don't know if there's any other news on Sorrento that differentiates from the VXRT or you know, whatever it may be, but You know unfortunate Can you short game stop on trade station? I haven't checked. I haven't traded game stop at all over the last week I'm not touching that thing at all. So I haven't even attempted Alrighty folks, I'll tell you I think that we have a decent list right now If there's anything else that we try to call out We'll try and scan for it heading into like three o'clock three fifteen eastern time heading into the final hour of the day All right folks for all of us on social media first and foremost have a great weekend. Hope everybody enjoys the weekend here We'll see you folks back on Monday But otherwise as always just make sure that you like subscribe notify right on our YouTube channel if you have not Already that would be youtube.com slash cyber trading you bought the link right there below on the banner Make sure that you sign up for our cyber trading room Monday to Friday Feel free to join us if you have not done so there all right for all of us live inside the trading room I will jump back on the mic myself at 3 30. I know that rich will jump on himself shortly after three o'clock. Take care