 All right separate traders good morning and welcome on back here to a brand new day brand new week you're live inside the cybergroup trading room Great to see Kathleen Phil Mike Egan Ray I mean it great to see everybody here this morning back on webcam Let me get that up for social media Facebook live and YouTube great to see everybody there as well It's been a little interesting past week and a half gonna be an even more interesting week ahead personally for myself I'm currently located in Largo, Florida pretty much basically where the eye of hurricane Ian is going to look to go through So that should be pretty interesting. I ended up just attending a wedding. I was up in New York visiting family I was going to a wedding from the end of last week So my home office here has been a mess up until I ended up returning had the weekend to get everything back up and running But it's not about me though folks It's about you Michael Ray Mario Phil who all did pretty nicely here on the LVT x-trade at least early this morning in pre-market All right, things were really slow early prior to 8 a.m.. So thankfully this not only led to a pop But led to an actual move like a tradable move here on the stock where we ended up seeing it bounce really nicely off of 425 it was holding underneath 550 here for a little while 545 50 both were pretty strong and recently here prior to the meeting beginning it ended up making a nice Pop and off the pop that's where a few of us like Phil and Mario and John ended up getting out on their trades You know hey right now this thing is really flat here right starting to weaken flatten under six It was a possible moves up higher Perhaps even before the open it's possible But I'd be more interested in seeing what happens out of the stock now after the opening bell after the market opens up So the news out on this li lv tx personally I've been saying LIV x this whole morning to myself Lv tx Let's see what the news is on this trade really briefly if I may I posted earlier inside the trading room here So I'm just trying to pull a backup right now for all of us All right, so LVT shares trading higher F the company and another company Sagan announced an exclusive license agreement in which Sagan will work to develop and manufacture their drug This company Lv tx will receive $50 million up front and up to roughly $650 million dollars in potential milestones and royalties So that's a really interesting headline led to a big pop up thankfully and hopefully there's more to it on this trade The one thing I'll comment on otherwise is that this doc has been playing off? Historical levels really well throughout this pre-market the two lines that you see here at 425 and a 550 We're directly taken off from like the daily weekly, you know historical charts for that matter So that being right over here where essentially bottomed out right from 420 to 425 You know over the past year beginning from the beginning of this year all the way through and then just once it broke That price as it continued to move up 550 the last major bottom that we had from 2020 from September October of last year, you know that was holding really well at that point So that should be a resistance on broke above both most recently this one here again So where's next? Where's the next big level on this stock? Well if we look at the daily chart really briefly Let me try and blow this up the next line I was looking at I wrote this inside the chat board as a call out Roughly around roughly around 662 663 Roughly around there held it really well as resistance really well as support as resistance again off a false break So that is where I would expect to find our next major Historical level now with that though you could always find an iceberg order popping up within a moment's notice So you always need to be mindful of what pops out there on level three and level four here So, you know right now LVTX definitely looks good coming off of seemingly good news Lv Tx still early in the morning for me All right, we ended up doing well on a couple of trades from last week not just from Friday last week But really from Thursday and Friday So I want to bring this up because you know hey the markets are down once again this morning You saw UVXY on the gainers list again But that doesn't mean that you can't follow stocks coming off of news stocks that were strong at one point throughout the morning Obviously, we just went over the LVTX right so, you know really quickly on SAVA SAVA a stock that one of our students in particular Chuck has been doing really well on well really from midway last week this thing started to explode I think this was Thursday Where this ended up making a huge pop and run from 30 up to nearly 35 at the time then heading into the close the last Part of the day, you know, that's the next best time to try and follow trades actively ended up leading to a higher high And this is exactly what we strive for here at three o'clock at 315 330 in the afternoon Well ended up leading to another squeeze up a couple of days later So actually that was back on Wednesday of this past week This was Friday where this ended up making a huge pop and rally again went from 38 to you know over 50 topped off Underneath 52 at the time got a lot shakier and more rugged of a trade Especially on a Friday and you know after this pop here in the run it made from Wednesday Once the volume dies off You know it's going to get a lot harder of a trade a lot choppy of a trade more often than not So thankfully it gave us more, but that doesn't mean it's going to be as easy. So, you know, hey SAVA Ended up making like a nice move early from last week at this point now. It's just gonna be on our side list It's trading about nearly 50,000 shares in pre-market. No real activity to it in pre-market here folks So, you know hey for right now, we'll see what else is out there But that was just one from last week that we did really well on Another couple if I if I have the chance to go through it I think this was really from Friday last week the LITM trade and just another cheapy coming off news early in pre-market So, you know once we ended up seeing the markets open so a big flush and everything drop off Thankfully this went against the grain and ended up leading to a nice pop and rally Again got pretty choppy later on around that famous 10 30 10 45 Reversal time as we like to talk about in class. So with that it ended up actually pushing up more, but again just wasn't really Worth it, you know be it called it out looking for more But once the volume dies off again, if it's not going to make that big explosion like SAVA did then you got to realize That it's more likely than not just not worth it So ended up just chopping around sideways into the afternoon on Friday. That is now down big So, you know, hey, what makes the top percent gainers list one day makes the percent losers list the next We didn't trade this stock just gonna be the first to say it I mean, I'm the first one to tell you folks to avoid crap like this G Sun. It was extremely illiquid Yeah, hey, it went up from 30 up to 100 God bless if anyone Literally took this trade as a gamble, but look at where it's at today Look at where it's at from Friday afternoons. So, you know, this thing ended up completely Tanking you don't want to be on the wrong wrong side of that trade You know, hey, the same thing is to be said on a more liquid trade like LITM. Look at where it's at this morning It's down over 18 percent here this morning. So, you know moral here is just that more the lesson to be learned is that What makes the percent gainers list one day often makes the percent losers list the next It's not the next day. It's the day after, you know, it's not a literal guarantee where it's the next day But you don't want to swing trade these stocks folks that that's really it, right? You know, we look to day trade We look to get in and out if you feel like you get out of a day trade too early You know, that's something that we could work on on the side if you have coaching sessions The traders talk is tomorrow right for all of us here inside the trading room Obviously, we're doing the phase two and three classes this week a little heads up because I think our web team made a small Little mistake over the weekend and one of my students James ended up telling me about it So really quick folks today today coming up at 10 30 Eastern time We are continuing the phase two stock course that was a reschedule from the end of last week So phase two we're gonna be concluding and finishing up lead today this morning and afternoon But tomorrow morning we go right back at it. We got to keep on schedule here But Fausto has the phase three class tomorrow morning Right, so that's the advanced class That's where you get to see a 30 year plus pro like Fausto trade the live markets at the market open market close So that will be tomorrow Tuesday and then also Wednesday this week a lot of class this week folks So I know the Fausto looks forward to it. I had a tag in for him early this morning But obviously he'll be back later on today and then tomorrow of course But you know, hey, I look forward to the phase two class later on this morning as well So a lot to talk about here folks. Let's go from top to bottom right now The LVTX stock is already on our list. I know hopefully that makes the rebake above six bucks later on You got a bunch of cheapies here on the top of the gainers list I told you otherwise aside from LVTX and you know the ISPC from earlier ISPC from earlier ended up making a nice pop But we ended up trading this back from Friday last week It was a continued move essentially ended up leading to a nice little pop and rally heading into the close But to be honest it was off of lower volume So it did move up a little bit higher in the after hours going into the weekend that was And pushed up early this morning in pre-market, but look at where it's at now So obviously hasn't offered us a whole lot since eight o'clock I'm sure news came out on the stock folks. I want to be efficient with time here. Otherwise right now We're gonna put this on our watch list. It's gonna be slim pickings here heading into the open So ISPC will make the cut for right now. I would watch out for two fifty two dollars and fifty cents Not just because it's a fifty cent level. I mean, that's just one reason But it held underneath it pretty well here prior to 730 led to a good breakout You'd expect resistance to be support It did hold it for a moment, but then really broke below it pretty quick So let's see if this could break back above 250 coming up, but otherwise 251 that's why I'm bringing this up 250 251 is the VWAP this morning right now at least here on this ISPC So that really should be resistance a strong level for the market opened here All right, what else we got here folks MLCO some funky business going on in China if I'm not mistaken I'd never like to talk out of pocket. I hate talking about politics anyway But there is some rumor and that's all it is right now I'm led to believe but I think that what the Chinese president is under house arrest. That's the latest that I read Not only that but actual news coming out within China like not just rumor stuff, but actual news I believe that my cow is going to be easing their COVID-19 travel restrictions Earlier than anticipated so that will affect different gaming and entertainment stocks MLCO is a resorts and entertainment companies So they were very active early this morning in pre-market Bit of a gap up. You know, it's showing a lot of volume so far, but this is an ugly move, right? So it obviously has not treated us as as well as a pre-market stock But for after the market opens, hopefully there's a lot more life left to this trade should it break over six Was this the one I think this was the one early in pre-market Or maybe it was the other one will jump to in a bit if I see it But there was a stock this morning that had like a 250,000 share iceberg on the bid if it wasn't this then it was the one I didn't put on the actual pre-market list. I think it was like CH something but MLCO I'll put on our watch list here for the morning. Just trading a lot of volume. It's up big It's hard for us to ignore this stock, but obviously I wish this was trending Literally any better than it is right now If this could trend a fraction better than what it's doing right now, I'd be that much more interested, but You know, like I said, it's gonna be slim picking. So you're heading into the open Michael says LVS to I saw that early It wasn't trading as much volume prior to eight o'clock, but now it is so I do want to look at a is that Las Vegas Sands LVS So we'll take a look at that in a moment ATCO trying a lot of volume here. I didn't see this up until now Big pop. It's really flat here. I got to check the news on this stock because if it's a buyout Then we're just gonna skip over Up it is it's a buyout. There we go That's how you know folks we came off the news class in the phase one stock course Last week and we're saying that buyouts just don't move once they're made official. So trading higher after So and so acquisition company like one of those stack companies special purpose acquisitions increased its Acquisition offer for the company from 1445 per share to 1550 per share. So it led to a big gap up It's really flat right now. So yeah, for the meantime here not too interested in this ATCO All right, a lot of talking today. Gotta get my water in See what else we got here. Otherwise folks got ten We ended up seeing the stock last week make a funky move big drop from Friday the end of last week Gapped up this morning. It's trading some good volume, but not too interested in it. I skipped over LVS Let me jump to LVS here. Yeah, same thing on this as it was on like MLCO I mean Las Vegas stands obviously, but Do they have a tie to Macau or MLCO in particular? Obviously company's name is Las Vegas stands But I'd be interested in knowing if there is a specific tie between LVS and Macau or LVS and MLCO in particular But I'm really active this morning up over six and a half percent at least this one We're a little bit more familiar with After the market opens, I'd really hope to see the order book fill in you know for this stock So I don't mind slipping this on our list, but I like the first three more You know if this thing has a really good spread really good liquidity on the order book on level three and level four Then I'll be more interested for sure, but the first three I do like a little bit more before All right, obviously with the markets down. You had UVX Y UVI UVI X those ETFs that follow the VIX index they're up So we'll take a look at those at last. We'll slip them on our list if they look good XP EV pay another Chinese stock ended up making a big move early this morning in pre-market, but since it's trending Well, it's trending pretty nicely at least given circumstances made a little bounce at first higher low Led to a little pop your off resistance off of 1420 1422 You know, hey, I knew I had a tag in this morning for Fausto And you know the reason I bring this up is because in terms of preparation We talked about this from the beginning of phase two last week We'll talk about it today actually this morning, but in terms of preparation. I don't have as much time to do my normal prep work I took the time to prep and chart two stocks the LVTX and not Neo I was thinking about Neo, but this looks a lot more active. It's up more percentage wise so far The XP EV so I knew 1420 and 1422 in particular was a big level based off of level four based off of book map Let me bring that up here briefly for this trade Just a moment ago before the meeting started. I of course had called out inside the chat board This big hundred forty plus thousand share iceberg at 1480 But just earlier we ended up seeing two separate orders getting filled at 1420 and then it looks like the same person moved their order up to 1422 and Simply put once it broke under that level that should be that should be treated as resistance And it was for a little while But it can only take so long at this kind of poking at it stabbing at it between that and the VWAP and purple led to a big Snap and pop so you know that should look to be support coming up after the market opens But it looks really strong either either way here at the XP EV So, you know just be on the lookout for that next iceberg resistance at 1480 the hundred forty one thousand share order But right now XP EV. I'll definitely put on our list Being the sucker I am for Neo obviously, I'll take a look at Neo here pretty quickly It's only up 1% right XP EV looking stronger But you know hey the Chinese EV stocks were moving pretty well from the beginning of last week I ended up having a huge drop off though back on Wednesday, right? Neo at least did that on Thursday I had a lot of activity coming off of news of its own So, you know these EV companies have all been pretty interesting over the last week with XP EV up right now I don't mind slipping Neo on our main list. It's trending up really well. It's turning a lot of volume You know, it's gonna be tradable in terms of liquidity So obviously I'm a sucker for Neo, but I even prepped up XP EV and not this though At least you're heading into the open so you know, honestly, that's where my focus more will be But for anyone that does well on Neo that would prefer to follow it It's looking pretty strong here at least in pre-market now All right, let's see. Let's hop over to the loser side here coming up I mean, we'll look at UV XY in a moment got cold natural gas ETF, you know up big Let me look at that very briefly here while I'm at it So it's up over 5% now making a good bounce from roughly around 1675 1680 You know bounced up pretty nicely back up to the VWAP right around there So, you know, it's hard to ignore this cold ETF again If you do very well on cold or have done very well over the last week Then you should definitely look to follow it But if you're new if you're unfamiliar with how this ETF trades I would rather you follow any one of the stocks XPIV, ISPC, ML, like any of these other stocks publicly traded companies over an ETF It's really hard to apply level three at least on an ETF or ETN If you have level four it is doable But you got to test the waters and train yourself on how to actually use it in order to trade an ETF So it will come with time, but that's where I say if you're someone in our room that has been doing well on this Definitely, this looks pretty strong for right now I will say also on cold because I did chart this back on Friday if I'm not mistaken on this There isn't really much historical resistance There wasn't from Friday where it was trading right around like 15 ish 1550 and like this peak year back from August So that's right around 1550 right now it broke above that early You know right now this looks really strong now that it broke above that your next historical level Maybe not up until like 19 ish 20 Seven I just saw a moment ago like 17 Let's say 1747 1763 it's kind of dancing around there currently so currently holding on underneath those prices But even off a false breakout here Just be on the lookout here for this to shake back down shortly around them from those prices 1750 1760 ish We'll look at you VXY here to wrap up at the end But let's hop over to the loser side right now tell is down big it is shortable But it's like really slow now the the cheaper it gets the slower it becomes and at this point It's not going to be as good of a short in my opinion at least if I'm wrong with that I'll have a little egg in my face But normally the slow the less expensive the stock gets the slower it becomes so back from last week when this initially broke down It was a pretty good short, but the more and more it drops off you wonder not only when is it going to bounce back up, but You know is it just not going to be worth it after a certain point You know, it's gonna be really slow moving the more time you spend watching this like flatten out You're gonna miss opportunity elsewhere All right, what else we got here folks another stock We are familiar with not exactly as close to the ground floor, but blue this stock has been all over the map the last week and a half I say that in a good way, but off of like good news This thing was on the gator side one morning and then it was on the near the top the losers list at the end of the day So, you know, it throws you for a loop with the moves that it makes but it's really tradable very liquid It is down big this morning. It is shortable. It's hard to ignore this one again I've been saying that quite a bit, but no seem to be said here at least, you know, right off the lows blue I would expect big support off of five five dollars. I don't think it's tested five since August even as resistance So, you know, that should be a pretty interesting setup to say the least, you know When this comes down to test five in the morning, all right Let's see what else we got here folks to wrap up from the losers list here Now we're dipping into below five percent So if there's anything else that looks really good that you folks would want me to look at here Just let me know Lvs I did put on our main list here at this point for right now. Let me jump to my Benzinga scan here really briefly I was gonna say I thought there was a few stocks moving right now, but those are stocks that are just up percentage wise They're not really moving right now at this time All right folks, that's just about it. That's all I got last call here for all of a sudden social media All of us on Facebook live YouTube and of course for all of us inside the live trading room Let me know if there's anything else Hopefully I don't get blown away in this hurricane over the next two days I mean that Used to snowstorms more often than hurricanes so CSCW that was the one Andre I think that was the one if I'm not mistaken Otherwise, I gotta re go back and then take a look at the chat board. Oh, no, it wasn't ha I gotta go back and take a look at the chat board We're not gonna finish this meeting now until I actually find that for you folks There was a stock early this morning that had a huge iceberg order. So really quickly. I want to bring that up I Okay, let me see here. I think I have it. There we go. See our HC. That was the one All right, this is I guess it's a buyout. I didn't even care to check the news at the time It was really flat for a while So I had no interest on this trade up until we ended up seeing this guy pop up on the bid a 250,000 share iceberg nearly that popped up at 991 but the stocks done nothing since so You know you see it on the gainers list, but it's not really looking that great right now. That's all All right, folks so for right now We have a decent list here heading into the open at least in my opinion I feel pretty good about it the ISPC LVTX XPEV and Neo and actually blue blue looks pretty good I like that one so as a short but you know aside from that though folks for all of us inside the live trading room Later on throughout the morning not right now But later on throughout the morning Rich will post the link for the phase 2 course coming up at 1030 Eastern time a new class That I'm teaching coming up at 1030 Eastern. I really look forward to it I had a rebuild restructure the curriculum a couple of new updates in it And I had to make a new class a couple of new classes to fill the fill the spaces fill the void and this morning Is one of them a really interesting Scenario-based class funny title at least at least in my opinion out of the hole back on the horse in terms of Losing confidence and being down on the dumps. How do you get back up on the horse? How do you gain that confidence as an active trader? You know, it's a lot of you know strategy-based topics that we'll be discussing But I'll give you my experience It's a lot of it's a lot more of a critical group discussion based class with a lot of our experienced students giving their insights as well So that'll be a 1030 Eastern time later on this morning I look forward to it for all of a sudden social media Facebook live YouTube if you have any questions feel more than free to Send over a quick email Whenever I do the afternoon meetings and whenever I tag in for Fausto in the morning I always like to post my email here at the end of these streams Josh at C2 trading calm again Any questions that you may have about our meetings about what we do our education anything on top feel more than free to Send over via email if you're interested in joining our live trading room That is just go right down to the link on the blue banner below the stream to get yourself started But for all this otherwise going to refill the water bottle here It's just about 925 so about five minutes to go prior to the market open. I look forward to it folks talk to you soon Come a cyber group member today Just click the link below and receive all these amazing products and a world of knowledge We're just nine dollars do it today