 All right, folks. Good morning. We are back this Monday morning here June 5th shortly after 9 a.m. Eastern Time great to see all This back on social media Facebook live LinkedIn Twitter YouTube the works and all of us of course inside our live trading room Grant Phil Leda Michael Alex John Felix Ronnie got Ron Got Leda Egan and all of us here otherwise Cal Kevin and all of us so without further due folks Let's hop right into it have the TMBR trade making a nice pop just earlier Ended up just holding a resistance not just off of three But a level we'll talk about coming up on the daily chart right off of three 10 ish 313 It was like perfect hit off resistance and just pulled back down now I was hoping for a much better move even off of 290 like at 845 in the morning I hate to say it but I ended up going completely break even on this trade I thought there was a chance for this to blast off way higher But hey like we always say if it's not gonna make that big move up over time It's only gonna make you know a big move the other way So I ended up getting out exactly break even right off of 292 That was actually 852 in the morning 853 then from there the lower high and now this thing's down in the dumps big So you know hey for the open do I mind just putting this on the main watch list not at all actually because even though It's dropping off here. It's very liquid. It has good liquidity on the book. It's cheap So we'll check back in with this trade at least by the end of it all I'll put it on our list probably towards the middle probably towards the bottom of it all it just wants to be finished up All right, so that said though, I'll tell you I mean even just if we can recall back from Friday last week We had like one trade that did really well for us. It was the Pac W I'm gonna add a couple trades. Otherwise it did well But the main mover in the morning was Pac West right ended up seeing a nice pop early in the morning Well, I bring them up right now just because Pac W now I said this before the meeting here started But even higher here just after nine o'clock is making a bit of a push It's only up three and a half or so percent from Friday's close, but very strong push here So now I was gonna talk more about Friday's move that we ended up capturing Pretty good move under and over from seven six ninety five was the opening print price from what I recall there led to a great squeeze So no great trade very trade will stock you could trade the option on it to be cheap there as well And with that, I mean hey for the market open right now I just bring this up even more so for this point, you know, it's up big or you know It's making a bit of a move here in pre-market not up that like illustrious 5% or more that we look for But no for a nice morning move right now. We'll definitely take this put Pac W right back on our watch list here I also said before this meeting started, you know for all this inside the live trading room I was kind of alluding to the fact that we weren't gonna have as much out there today or perhaps even this week Actually just on top of you know what we're looking at so far and Pac W and timber I know that there was the big Apple product launch event today. So they have a lot going on Apple a APL But you know, otherwise, I would say that this could be a good day to follow some sideless stocks I wasn't necessarily expecting as good of a push. I'm packed up you at this point But that's one of the stocks that we were focused on from Friday and really last week as a whole So that's a sideless stock to me another one one that I just thought of I don't think I typed this in the chat board But Sophie Sophie ended up making a nice pop back from mid last week It's actually trying to break above the highs set from Friday So, you know, could this be one to watch for the open? Absolutely could be this one I'll at least put on our side list, you know The Pac West making a much better move right now, but by the end of all maybe I'll just come back to this and slip This on the back end. So we had this we had the Pac W trade What else we have Carvana another sideless stock, right? More so from Thursday last week But another mover that we ended up getting from last week as a whole and not up as much or doing really anything here So far in pre-market. So we'll keep this on the side But that's what I was kind of alluding to this could just be a day where you can kind of just scan through your Sidelist and you could run into a stock making a nice little pop up or down. We have a couple more We'll jump to at the ends, you know PLTR Palantir and AFR M a firm But you know, I didn't really see too much action on those so far We have Boyle Boyle made a nice little pop early in pre-market this morning So just speaking of our side list and ETF, but natural gas ETF Boyle She ended up making a nice little push early this morning It's up decent amount so far percentage wise, you know, I'll add this to our list You're also Boyle But hey, if you have level 4 then I would suggest for you to give it a stab if you don't have level 4 I would much rather you follow just equities whether it be timber or pack West here Just it's much easier if you to follow the smart money the big money just on an equity comparative to an ETF Boyle even if I were to load up level 4 it might look pretty ugly So with that said unless if you're at least more of a level 3 trader or otherwise someone that has bookmap level 4 Then you know, I would just say focus on something else Man pack W is flying this thing already broke over 8 you actually just really quick update on pack West here I just I saw this right now and I didn't see it before it wasn't as Close to it, but we have a huge iceberg. It looks like here on pack West About a 96,000 share iceberg order on the ask live. It's been out there all pre-market this morning I tell you I mean we only started focusing on this trade really from like 855 five minutes before this meeting again But you know really that order has been out there the whole time since 7 a.m And it's about 96,000 shares right now. So that's at 813 813 clear resistance to work off of going into the open for this trade So right away. I'll just plot a line 813. There we go All right So we had a couple of other trades that we had from Friday last week, right? We could probably talk about you car again You know just bring that up briefly made a bit of a move early in pre-market this morning But pulled back so not looking nearly as good now But you know from last week Thursday mainly into Friday pre-market this you car trade was a huge move so I'd be remiss tonight to at least not mention that and You know for right now again just kind of dumping off now since like eight o'clock So for the open we're gonna pass on it what goes up. You typically comes down What makes the percent gainers list one day typically makes the percent losers list the next if it's not the next day It's gonna be the day after that So you don't want to get caught slipping on a trade like this. So for right now, let's just go from top to bottom Yes, or Friday's news is not necessarily today's news. We do the pack W But uh forza Action I will say Friday's news could be today's news with forza this pop more so in the after hours if anything though This wasn't a Friday regular session move. So, you know after 4 p.m I looked up I looked this up early in the morning because I have insomnia and I wake up at like 4 in the morning 4 30 I'm like, all right. What's moving in the pre-market? I'm a crazy person. So I saw four is a big and I said, all right Well, let me just see why like there has to be some news as to why it's up like 98 percent 95 percent at the time And all it said was that it was basically hype that the company released on their Twitter account Saying, you know, hey be on the lookout for this news coming out with the hashtag of electric boat Electric boat So, you know speaking of the the EV game, you know with cars obviously Hey, I mean if there is a company that specializes in electric boats, you know Some launch coming out some news to be released led to a big push in the after hours from Friday And then even more so beginning from 7 o'clock this morning now though at this point. It looks pretty damn choppy I mean, it was pretty choppy after the initial pop in the after hours looks very sideways very choppy right now So choppy waters, huh? All right. So if FRCA we're gonna put on our list here Going into the open there some fosters in Florida right now to a little housekeeping note there fosters meeting up with the great Tom Busby and DTI Today and tomorrow for a big conference there So I hope he's listening right now a little news on the boat boat market from there FRCA All right. So FRCA TMBR already on our list, you know, it's still kind of making a bit of a lower high right now But you know, we'll keep them on our list for right now. It looks interesting still And we keep going see jet now, this would be funny if forza made a pop off of some sort of news announcement I don't know what this company is see jet, but it would be funny if they're related to a boats or Water jets. I'll figure it out here. I'm not gonna be newsman across this whole meeting But I just want to take a look why is this stock up a little bit here in pre-market See jet It's not good when Benzinga doesn't even have any sort of fundamentals or financial information on the company at all You know, it just shows like the name of the company Chi jet motor company doesn't even give a description though. Either way, that's as far as I'm going on that I don't really care. Otherwise, you know, hey going into the pre-market. It was looking somewhat interesting bouncing back up from 7 o'clock 730 but had dragged back down since daily chart looks like a mess So I'll put this on our side list even though it's up like big percentage wise up big percentage wise doesn't always mean It's gonna be a good trade. So You know, let's just see what else we got evacs I was hoping for a better move on this than what we got in pre-market led to a nice little under and over roughly from two and You know since it's just been pretty flat, but hasn't totally tanked yet And you know for right now just has a better spread better liquidity. I'll put this back on our list in hopes of a better run up Bvxv dump off here side list Had this on the pre-market list just right before we posted saw this pop and said alright Maybe there's a shot that this can move and obviously right after eight o'clock. This just dole off and that was that MMV hey much like you car MMV ended up making a big move back from last week. I got them tripped up earlier So it was you car back from Thursday. This one dumped off anyway Friday, you know as well But pre-market MMV from Friday. This was a huge move So from a dollar all the way up towards for leading into the market open But you know, hey for as much as it moves up you figure it's gonna pull back Maybe it can run later on well it pulled all the way back So typically once the stock continues to break lows across the morning That's when you typically move away from it one thing I will mention we ended up actually calling out that bottom pretty nicely at the time It was right off of 240 bit of a quote-unquote historical level I know it wasn't too strong like for a long period of time just because this was a new IPO But back from like early Jan this thing dropped from like 13 15 bucks all the way down towards a low at the time 240 the next day after that the same day or the the next day was the same low 240 So a few of us Steve myself Phil I think a couple of us jumped in right off of 240 240 2 at the time led to a good squeeze But then from there lower highs lower lows and you know this only dumped off heading into the afternoon now for the morning Here today ended up making another pop back up. I Mean it's kind of lowering us back in right so You know, I'll put this on our main list just kind of towards the bottom with the timber trade I feel like this is more likely and more prone a dump lower But in the event where this makes another run again I'd love to try and trade it because we did well on it back, you know, Friday and pre-market that morning All right, so what else we got here so far we got six stocks on our list here So we don't really need to build up too big of a watch list at this point The pack W bounced right off that e-13 as called So, you know, we'll see if it could break above it after the market opens GM DA is up a tiny amount. I'll write this on right right this down for my side list here at least Yeah, packed W then we got pan W obviously the price differentiates the two Packed W is the one that we're trading. All right, so let's hop over to the loser's side here right now folks Seeing if there's anything just looking as good if not better Gotta get a water breaks in at some point See what else we got though on this side. She's getting a few expensive ones out there and otherwise things that are just Oh, you know what actually I was gonna say I was gonna say that, you know There's not as much down percentage wise, but that's a lie That's a big bold lie right there because BLPH is down huge But actually since eight o'clock since we had put this on the pre-market list You can't always guarantee it's gonna make that big squeeze up just because it's down big percentage wise You gotta ask how much lower could the stock go when it was trading at a dollar eighty a dollar seventy five going into 8 a.m Eastern what has a dollar seventy five cents more to drop so, you know only continue to break down a bit here I'm gonna put this back on our list though in hopes that this making some sort of dead cat bounce at some point throughout the day Hopefully sooner rather than later, but yeah, I mean for right now BLPH will just see in hopes of a dead cat bounce You never want to swing trade these though because I mean there's a stock I always like to show in events like this AR DX. This looks like a really nice move up, right? The stock ended up dropping like eighty eight percent one day one morning But this was a really nice squeeze to begin this year. I probably need to even go back on my chart here If I could let me just Show this if I may Yeah, it took some time for this to make its big squeeze back up, right drop from like 758 bucks all the way down to like near sub 2 and that was back in July of 21 So if you waited that long, I mean, I guess it paid off in some regard But we're not trying to hold our breath waiting for that big dead cat bounce So for today for today's move here No, we'll look to see if this can make some sort of bounce, but never look to hold on You know, it's not designed as a swing trade. So in the event where it does squeeze up day over day That's great, but we're gonna day trade it day over day So, you know, as long as we're able to capitalize on the moves, you know, that it's breaking over big level big breakouts here All right, so let me know folks if there's anything else up down left right more than five percent That's all that's really all I got for you here. Not much else that I see across my map Check my side list here. Just Benzinga pro and a book map level four See if there's any other stocks that may have missed that I already have on here Not really All right, so what else we got from Chuck John Ron Dave Grant and all of us here. Otherwise, let's see Some chat on packed WC jet a developer of next-generation electric vehicles. There you go So maybe it is sympathy in a relation to forza FRZA. It's funny because you figure for the forza FRZA if you're familiar with at least the video game growing up there, you know forza like big auto racing game So I thought it had to do with cars. I looked at the news when it had to do with boats I was like, oh, that's pretty surprising pretty interesting there So folks just for all this inside the live trading room really quickly Fausto is out just up until Tuesday If not Wednesday, he's in Florida with Tom Busby not by me on the other side of Florida at that But be nice to run into him here But hey for all of a sudden inside the live trading room We have traders talk this week that being tomorrow just our weekly workshop for any of our new trial members joining us here That's our weekly workshop really the only source of education inside this trading room You know this trading room is really meant to be a professional live trading room So, you know for Grant Ron John Dave Elizabeth and all of our students here. They're trading They're making call outs, you know what I mean So no for any of our trial members here tomorrow tomorrow morning's workshop is gonna look to explain a lot But to learn more about our strategy I'd recommend just diving into the pre-recorded workshops that come with your trial membership I'd honestly just recommend to sit back and just not really look to trade and risk your real money just right now Just see how it's all done and see that this is just a possibility to begin with But that'll be tomorrow morning at 11 a.m. Eastern Time traders talk for any of our trial members there You just need to be inside our live trading room as you would be right now and you know We'll begin that at 11 a.m. But send over any questions to my email address Josh C2 trading calm If you wanted to join us just on social media Just go right down to the link on the green banner below just on the bottom of the stream and fair game to you You can send over any questions or trades to myself as well Josh at C2 trading calm I always like to post my email here at the end of these streams All right, so folks, I think that's gonna wrap it up for us right now Hey, if you're joining us in social be back at 2 30 at least I'll be back on at 2 30 p.m. Eastern just for the afternoon meeting So, you know, we'll look to recap any of the big moves that be caught there And look to build up a new list going into the market close best of luck trading here going into the market open here though