 All right good morning separate traders welcome on back here this Thursday morning December 1st top of the month to everyone Here inside the live trading room Brian Andrea. We have Grant. We have Chuck Jim. We have Renzo We had Leida here a moment ago We had John Wayne and all of us just here inside the separate room great to see you all here Of course if you're joining us on social media Facebook live or YouTube you could tell already This is not the voice of one Fausto Puglisi. I always like to say I just got the hot tag from him to do the meeting a moment ago He's on a call and he'll be good to go for all of us inside the live trading room at least by the time the market opens But you know, I just had to tag in and just do this meeting for him. So with that said folks We have a lot to talk about the spy ended up having a nice little pop after eight o'clock Some financial information came out initial jobless claims personal spending US personal income I just in terms of just what the number is versus the expectation was and Ended up having a little pop early on but with that this arm ed stock at least to begin pre-market ended up having a nice Pop after the eight o'clock move ended up breaking back over three led to a nice 50 cent move for the most part But after that initial squeeze, I will say this stock, you know, nice trend off the lows here That that's easy to say in hindsight But perhaps one would have wanted this to have made an even better sharper move in that consolidated trend up So, you know, just history could repeat itself, right? Not just in the sense of this dumping off right now I mean, hey, this could dump off lower after the open, but it could also be really choppy too. So, you know, hey, the stock is up big Let's see if there's any news on this trade if anything, so I'm just on Benzinga pro really quickly to begin and I don't have any real news on the stock arm ed RM ED Nothing really since I think like November 14th earnings That's not too good. That's like that's like that's like kind of a red flag. So, you know, with that in mind at least You know, you want to be careful We've seen stocks pump off of no news in the past But if there's no fundamental catalyst for it Then there might not be enough Attraction from buyers to continue to you know jump in or even just to squeeze up a little bit more So with that, I mean, hey, this is turning down now off the highs I just be a little wary of that. I'll put this on our list to begin probably not near the top though By the end of it all really quick I just want to make sure I delete a post inside the chat board here folks We want to protect you. This is a public chat board. You never know who's in here So to say right, you know, we're all family and I feel like all of us here are great and with great intention But said someone like post like their phone number in the public chat board trying to protect you We'll make sure we reach out to you Jai no problem there with that though Warren inside the chat board as I'm just still looking he says lost four cents on our med right now Yeah, hey four cents, you know, hey, this thing's slipping back down pretty quickly So that's not a bad trade but with that in mind though You don't want to jump back in and let's just kind of follow this trend off the highs here for right now All right, but with that though, there's a lot to talk about still folks I mean hey the spy ended up making the pop this morning But of course of course we have to talk about yesterday You could just see on my five minute chart if anything, you know This is what had happened after 1 30 Eastern yesterday where Powell ended up giving some remarks about inflation and no perhaps Lowering the increased hikes or across, you know, across time beginning Beginning coming up in December. So with saying that had a huge reaction out of the SMP the major indices the spy here Of course ended up having a nice pop into the close So hopefully that looks to continue even if there's a pullback at the open You know look for a slingshot look for a bounce off support. Let's go through some trades from yesterday, though Now we ended up just Smashing it on we ended up killing these trades folks the Shopify right just from the afternoon meeting yesterday Right at 230 if you missed out on the initial pop, that's all right. That's all right This thing ended up, you know breaking right above 40 This essentially is 40 and then it ended up coming right back down during our afternoon meeting when I was doing that A few folks and you know it ended up making the perfect pop ended up bounce I should say perfect bounce and ended up, you know popping back up into the close You know up another 1.6 percent this morning The more this moves up the issue is that it's gonna more become out of our price range To trade right, you know We try and keep these stocks between a dollar and like 30 a dollar and 35 or something like that Yeah, the more this squeezes up eventually we're gonna say all right there are other trades within our range, right? So I'm gonna put this on our side list. It's not on the main watch list for right now But listen if you do well on Shopify day-to-day I Am certain that you're gonna be more inclined to put it on your personal list and I would agree with that I think that's a good idea But you know there's gonna be a lot that looks kind of like this up that one to two to three percent So we're gonna have to really sift through once again this morning One that I just remember that Chuck called out just from yesterday I just popped up in the back of my head here the Roblox trade, right? We ended up doing pretty well on this from Chuck's call out ended up breaking over the highs off of like nearly 3050 there And then ended up making that same type of pattern pulled back ended up bouncing from three o'clock into the close So pretty straightforward on that Even the PECCO trade whoof, you know, this was more active early in pre-market off of its own news off of earnings Ended up dropping off shortly after the open But from that point led to a nice bounce and then more in the afternoon ended up leading to a good squeeze So, you know, I can keep going folks, right? And I'm sure that we'll find a couple of these more on the gainers and losers just this morning, right? But you know with that though, I mean it was a really good day yesterday if you were here for it Congratulations because you know, this is essentially what Fausto and myself train you folks to do on a day-to-day basis It's not every day that we're gonna see is such a clean pop across the markets You know, I mean that was within a Couple of hours two and a half hours time, you know from 130 Eastern into the close So you're really not gonna find days afternoons like this as often so when it comes it's like more like a gift Right, it's more like a treat a gift because this is exactly what we train you for now with that though Speaking of training a couple of things just housekeeping wise to be continue with right now Just if you are a student of CTU just so you know, you know, I'm speaking to really most of us inside the live trading room You can go right on the student portal and check the class calendar folks because you know Keep in mind that we are continuing the phase two stock course today Beginning it I should rather say but you know, we are jumping back into the phase two curriculum We're gonna continue our talks with time and sales and level three I'll be honest with you. I'll probably sprinkle in a little level four book map into it and be honest with you I know that I've been hyping up this big class for the phase one course In December, but probably sprinkle in a little book map for this But you know, nonetheless though the phase two classes are beginning today That's at 10 30 Eastern time then at 12 p.m. Eastern time kind of a funky schedule Just with how we had to reshuffle the classes for this month But I just want to let you folks know that while the chat we'll have the link in the chat board just later on this morning All right, just give me a quick moment here folks Now I thought man this whole week so with that not just the phase two but also keep in mind Actually at 2 p.m. Eastern time I believe Fausto is doing an introductory today trading webinar for all of us in YouTube and Facebook live Just stay tuned for that. He's gonna be broadcasting that I believe right on our YouTube channel YouTube comm forward slash cyber trading you so just make sure that you like and subscribe there He'll be on at 2 p.m. Eastern time for our introductory today trading webinar But with that though, let's just go right from top to bottom now Let's see what we have to work with you. You're heading into the market open It's P a fo up 37% But it's only trading 186,000 shares and I say only because look at everything else So, you know, you'd like to think for a stock up 35% it should be trading a little bit more, right? So for right now, I'm gonna pass on this trade I passed on it on putting it on our pre-market watch list early and I'm happy that I did that because really it Hasn't really done much of anything Loudest to focus more on the arm-ed trade after eight o'clock, right? But again, this one kind of turning back down. It's on our list already off of no news We'll keep it going, but yeah MULN nice cheapy here, right? We normally don't focus on these stocks price price below a dollar Especially if it's like really south of a dollar like 20 cents 5 cents. We really try to avoid these It's not nearly as often that this will make us concise of a move But thankfully here this morning he ended up seeing a higher high at least going into the market open for MULN If anything this stock we are pretty familiar with just because over the last year year and a half We did end up getting our hands on this trade. You could see like back from late October perhaps But that's not what I'm referring to Yeah back from the beginning of this year you have to go back a little bit But back from the beginning of this year ended up having a nice run on this trade It was a pretty cheap stock back then led to a nice pop Just pretty funny how you take your eyes off a day trade for a long amount of time We really haven't focused on it since then just remember the stock because it was a nice, you know runner back then But yeah, I mean right now this thing fell apart fell all the way down at 20 cents 19 cents Listen, it's pumping up right now, but there's bigger better easier fish in the sea to catch right now I think so let's focus on that Turn me over to tops I don't know if this is going to be an easier fish in the sea to catch But perhaps a bigger and more advantageous one if the stars could align so tops end up having a nice pop yesterday morning But that's where we were saying though if the wheels fall apart on a trade like this and seem to be set on our MED to but you know when the wheels fall off this thing will really drop off It'll drop off as fast as it pumped up. So you have to be careful in that regard It's you know up 9% from the close yesterday, but Don't forget about this drop-off, right? You know just as much as I said on our med that history could repeat itself with the drop-off lower into the open Seemed to be said here on tops. So I'm not fully sold on putting this on our morning watch list now I had it on our pre-market list in hopes of like a bigger and better pop You know after the open if it ends up popping and then I'll turn to it But we'll just focus on others. All right. What else we got here folks now. We're kind of below 5% Interesting, I mean, I'm sure there's a lot more that's up that like two three percent like I was referencing earlier Got the ride trade right off of 175 We were hoping for a pop on this off of 175 a little bit earlier like really earlier at like 845 So it's just gone flat since even then but um, yeah I mean for right now this just I'll put on our side list You only have the arm-ed on our watch list right now All right, let's hop over to the loser's side right now folks seeing if there's anything looking just as good if not better I know a bunch of stuff hard to borrow. I try and you kind of gloss over those skip over those ESTC like $52 stock. I just want to look at it quickly but Pass on that big, you know, we've traded big in the past. It's a pretty liquid trade You know trading 112,000 right now this morning down big perhaps off of earnings either way Whatever it's down off of this could be a good stock to follow after the open Key word is could right that that kind of a You know ambiguous word right there, you know, maybe after the open we'll call it out But let's just see what else is out here That might just turn me back to like a you know an XP EV Which honestly I forgot to toss in there with the morning review from yesterday So, you know XP EV ended up making obviously one of the bigger moves across the day yesterday Ended up having a big pop to where it ended up. I think closing over 51% Up so ended up having a big pop prior to the open and then shortly even afterwards ended up providing for a nice bounce And then ended up just taking off from that point So, you know ended up making for a great trade one big level to watch Well now I should say a couple of big levels to watch looking at this year, but um Yeah, on the XP EV trade you had a 4 million share print that was filled yesterday Mid-morning at 1016 so that's gonna be a key level to watch but on top of that you end up having this giant I mean enormous closing bell print speaking of that We'll talk all about these closing bell prints and big prints that I'm referencing here in class coming up the face, too but 1081 1081 the close from yesterday that's gonna be a monster level for this XP EV trade So focus on those two if anything 1016 1081 But yeah XP EV just in terms of a tradable stock and how much it moved yesterday and I Feel like it will just be as active today in some regards. So I'll put this on our main list Mike saying big should have earnings today Hey, if it moves, you know nicer than it is now then we'll call it out Roger saying tops waking up. I guess I'll look look at that again Yeah, it's trying I guess also here, right? little bounce back up, but I Don't know. I mean, I guess we don't really have much else to put on our list Roger Do we I mean you could say the same on big, but um, otherwise, yeah, I guess I'll put tops on there now at this point Hoping more than anything Chuck saying RIG And saying that's more stable than tops. Are they in the same business? If they are I didn't know that Wayne says RIG is like Haliburton's little little brother. Okay, I mean oil stock in that regard, right? We'll pop on Haliburton. I mean, not a whole lot of volume trading on that Normally if there's an oil stock that we'd follow or petroleum stock would be oxy oxy patchy those two mainly Chuck saying I like the ALT chart, but like low volume he's saying. Yeah, I agree. I fully agree actually up over 8% So you'd like to think something could happen on this trade But just like Chuck pointed out he's right like just that for only up 8% in the air for being up as much as 8.5% You'd like to think there would be more volume traded on this. So yeah, I'll pass for right now But actually I'm gonna write this down on my side. Let's chuck not gonna forget about this now All right, so I'll tell you what folks kind of small list to begin But there's a reason why right? We kind of sifted through pretty much everything So if there is a stock that's string a lot of volume That's not on this list that you did well on yesterday. I'll shopify a lot of roadblocks I'll uh hell it could be a lot of things neo Lee snapchat The wolf trade if anything right maybe that pops again after you open You know if you did well on a stock yesterday and it's tradable and trading a lot of volume and activity here in pre-market Then you put it personally on your watch list because that's how we're gonna need to work together as a team on a day like today All right for all of a sudden social media Facebook live in YouTube I appreciate you folks sticking with myself this morning tagging in for Fausto for office inside live trading room Fausto I believe should be good to go upon the market opening up If you wanted to join our live trading room for all of a sudden YouTube and Facebook live Just go right down to the link on the blue banner below the stream to get yourself started if you have any questions beforehand I always like to post my email here at the end Josh at C2 trading calm All right folks, but otherwise for all of a sudden on social media. I'll be back at 2 30 Eastern myself I normally host the afternoon meetings if you're not joining us normally in the afternoon So hey stick around if possible. I'll be back on at 2 30 for you folks But otherwise for Dan Grant Chuck later Wayne Robert and all of us just inside live trading room Gotta catch my breath But we'll be good for the market open folks. I'm just joking, but we'll be all set folks. I look forward to it Come a cyber group member today Just click the link below and receive all these amazing products and a world of knowledge for just $9 Do it today