 All right cyber traders welcome on back here this Tuesday August 24th shortly after 2 30 p.m Eastern time welcome on back for our afternoon meeting Let me get a quick sound check for all of us on social media Make sure that you folks can hear me loud and clear I know that I'm good to go live inside the trading room great to see Norman David Tony Kathleen Michael Bill Chuck and all of us joining us otherwise great to see you folks and for all of us like I'd said just joining us on Social media Facebook live and YouTube welcome on back. Let me close my door here I know the Fausto has a webinar going on inside the other room in his office rather But nonetheless our introductory today trading webinar Fausto has that going on on our YouTube channel right now If you are missing that if you'd like to watch that later on that will be right on our YouTube channel www.youtube.com slash slash cyber trading you all right So with that clove pushing up pretty nicely so far for us heading into the afternoon I know that later had called out the pop and since the pop it only ended up pushing up a bit a bit higher Ended up breaking the previous high the day right off 868 pushed up just over 880 It's a stock that we're you know pretty familiar with and it's a stock that's up over 5% near the highs So it's hard for me to not put this on our main list to begin. I'm talking about the clove stock here So I'll do just that if we have a really big list at the end of this meeting Then I'll be a little bit more you know picky conservative will kind of a cherry pick the best ones But this one looks great so far clove All right, so you know I'll tell you otherwise though We have our webinar going on right now and otherwise It's been really slow at least throughout the afternoon a couple of stocks that are now really beginning to go the other way and pull back But those aren't really good opportunities for us any more so you know I'm talking about the SPRT trade mainly right this stock was our big winner from earlier today So really before I go from top to bottom allow me just to briefly explain this move This was not on the the main morning special list here But of course from this past week the last month really we've been following the stock more on than off Right, so just because it wasn't on the list doesn't mean that we weren't able to take advantage of it This stock ended up making a beautiful breakout took a little while to get the gears going This line should be at 12 exactly and once it rebroke the resistance at 12 We covered this inside our live traders talk workshop earlier today again if you're joining us on social media That's not on our YouTube stream. That is every week live inside our trading room So go right down to the link on the banner below to sign up for that, but we finished up SPRT We did really well on it and it was right off the 12th level it took a couple of cracks But once it rebroke over 12 the rest was history this stock ended up making a near three-point move ended up topping off Just I guess a little over 1450 perhaps But you know ended up pulling back down But as much as we would hope to see this stock make a bounce back and push back up to 14 re break 14 and run If it's not breaking higher if it's not gonna make that move Allow me to be the first to tell you it's gonna make a big move. It's really gonna make a big move folks Just not the move you're looking for so this thing ended up You know failing to really pop off 14 came right back down and now it's back to 12 So, you know perhaps the first time this could you know test 12 is support It could hold perhaps but I'm not banking on it for as much as the stock pushed up just over the last couple weeks Really? When is this really gonna begin to tank? We started to see that here this big red candle, but obviously since had recovered and then some so you know I'm not as particular about this right now if you're looking to get it This would be the chance for it to happen from meaning that you know for this to spike up off from 12 But you know, hey, we kind of just talked about it before on the tea cat trade to and I guess this was number two on The gainers list anyway, we'll go from the top to bottom in a moment But you know, we just talked about it before tea cat here ended up pulling back down off the highs this ended up running up Beautifully for us earlier today, but you know more so just heading into this time of the day the early to mid afternoon This stock was on the way down to eight. So one of us, you know mentioned. Hey if it comes down to eight again I'm looking for an entry. They didn't say they were going to do it. All I wanted to comment on on top was You can't catch the following knife. You have to wait for it to break through the level on The way up so right over here it broke below eight Hey, if one thought that there was a chance for it to bounce then it needed to break under eight But right back above it kind of similar here But it clearly did not do that the last thing that you want to do is catch the falling knife Just assumed support's gonna hold and oh, it's gonna move back up. Of course, right? You know right now actually this stock is starting to perk back up But you don't want to get yourself into that trap. I mean if you did that here off of 13 You would have been screwed so you know hey for right now SPRT will keep off our list the tea cat trade I'll come back to at the end because that setup that I'd mentioned here still stands true here If this ends up breaking over eight We see a lot of buying coming in off the level then perhaps that can make the next run up So, you know, I'm not as a jumpy to put this on our list just yet I want to see a little bit more life out of it, but I'll come back to this like I'd said at the end As I went to close my door as I started this meeting I unplugged and then I had to replug my headset in here All right, let's go from top to bottom now though. Otherwise number one at GTS I'm not gonna check the news. I know what it is at this point, right move on STNG, I don't know if this is as much a buyout as that GTS was but either way just very flat In a range rather. I'll say not flat fully, but you know thin order book not is Not looking that good for us right now All right, so we did have a bunch of the Bunch of the education-based companies squeeze up I mean really entirely a lot of the Chinese-based companies ended up making a strong push today. We're talking about DD We're talking about wish we're talking about TME I mean you name them a lot of these you know China companies ended up getting a nice little push today, right? So edu and the other education backed companies from China They ended up taking this huge hit going back into mid-July when the China government ended up Pushing these companies to turn non-profit So that led to a huge drop on edu that led to a huge drop on towel led to a huge drop on got you So those are all on the gainers list here. We would have ran into them anyway I don't know at this point right now that got you trade isn't looking as lively on the way up same with towel and Assume even furthermore in edu. You know, they're really tradable stocks So I'll keep them all on the side list for right now if they end up popping at the end of this meeting then I'll reconsider Looks like we got a couple meme stocks reddit stocks making a big push right now AMC I got Daniel F on YouTube saying AMC pushing for 43. Is that happening live folks this happening right now? Wow, this thing is a missile. Oh my goodness. I gotta turn away from this stock pretty soon because I guarantee you It's gonna freeze up my screen. But yeah needless to be said at this point, right AMC You're gonna put on our main list Listen game stops normally way too expensive for us to seriously like trade the equity If you'd rather trade the option then that would be the better play But perhaps if anything if you're just you know following GME in order to trade AMC and the other meme stocks the reddit stocks That would be your best bet because that's what we did effectively back in January this year when game stop popped We didn't you know trade game stop mainly. I mean maybe you did but like most of us here did not We were more so trading AMC as that was way cheaper But if we happen to have seen game stop make a huge parabolic push up or down and you name it a more volatile move Then we'll use that as our gauge our guide It was almost like one of our students saying the other day that they use GBTC the Bitcoin OTC ETF in order to follow riot and Mara and all of those, you know, it's that same strategy So listen, I'll put game stop on the main list, but we're not gonna trade it We're more so gonna follow AMC if anything I believe and I would assume at the same time as I see this Blackberry who I know Bill Bill I ended up killing it today I think just a couple of trades a swing trade he had some options plays out there But yeah, it looks like blackberry getting the push I would assume expresses as well, but You know popped up just before but had pulled back here. I don't know this one doesn't look as strong for the meantime I'll definitely blackberry and AMC and you know game stop is like the guide Right now great. I mean, hey, we would have found AMC number 18 and probably counting as it goes up But yeah, great call though from Daniel F on YouTube and a bunch of us here in the trading room had called that simultaneously All right, we keep it pushing nice. We got ourselves a nice little list here at this point bbig is a I believe if not Bitcoin mining related then I think even NFT the digital art and all of that very similar as to Why tcat ended up making its move today? So bbig just isn't nearly as volatile But hey, that's fine ended up making a really nice pop for us ended up making the slingshot effectively from 250 pushed up Just about three you know over 50 cents topped off at 304 You know for right now I'd kind of put this in the same line of thinking as the t-cat unless the t-cat could really pop over eight sooner than later I wouldn't be as led to believe that the rest of them will continue to go SOS this thing's not doing anything. All right, that's fun. We'll come back to it perhaps Medea mdi a stock that we actually actually are kind of familiar with pretty familiar with really going back into the beginning of July Stock ended up making a big pop from four all the way up to 15 You know made that second little burst breakout a little bit later on a week or so later. I Don't know right now just too thin of an order book. It's at the highs, but we'll find better opportunities I saw some news come out on Jivo this morning or at least more activity in pre-market Ended up getting a nice push after the open as well. I gotta say that that one did pretty good TME We talked about just before a little flat here DD if anything although both are you know China back companies they seem to be trending similarly They're not trading the exact same mind to you, but I'll tell you DD looks a little bit more interesting to me here Didi so I'll slip this on the list here also All right, let's keep it going see what else we got TAL education company. We talked about that already JD JD calm Ended up making a big pop. I know JD is also a Chinese based company Let's see. I don't know if this is earnings on top or what but Yeah, it looks like this one specifically is with earnings So, you know again JD is a China back company So perhaps that's also a reason as to why it's getting a push But JD ended up reporting earnings Reported earnings. It looks like got a couple of analysts You know ratings on it upgrades down grids Either way, it's at the high of the day right now. So listen, it's a little expensive But you know for such an expensive stock to see the liquidity that we're seeing here This stock is on a very tight spread for a $75 stock year So, you know, am I gonna be trading this one over some of the others to be honest Probably not because I like trading the cheaper stocks more. That's me I'm gonna trade BB and DD more than anything and perhaps will follow up on clove and AMC But you know, hey this one if you're looking to trade a more expensive stock It's at the highs really good liquidity on the book I would assume a major resistance would come in off of 75 50 next It did break over 75 just over the last few minutes here So you could see a big spike of volume shortly after we started the meeting, right? Ended up making a big spike over 75 and you know re broke and just eventually carried its way upward again So we'll focus on it from Daniel keep an eye on clove. So yeah clove We started this whole meeting off with this one's been on our list from the get-go But if AMC and Blackberry and you know express all these others are moving up clove was a meme or reddit stock However, you may call it, you know not at the same time It was probably a week or two after all of those first ran, but hey if that's the reason why this is getting the extra push We'll take it. It's already on our list here the clove stock All right, so let's just keep it going on the gainer side here folks, and then we'll hop over to the losers It's almost like an everyday occurrence now where we see the market at the highs or moving back up And I would say you know normally there wouldn't be a whole lot on the loser side if the markets are just all moving up, right? Billy I guess you can kind of group with JD, but this has thinner volume on the book if I'm gonna put one up It's gonna be JD. I think out of the expensive ones All right a whole bunch of crap hard to borrow on the losers list here And really like you know I say it that way because it's true unless if there's a stock on the top of the losers list That is either a shortable and driving down still or be down so much where you would anticipate a dead cat bounce Unless I'm not gonna be as jumpy to it like you know TBPH You know it's at the lows right now if it was shortable then hey I would definitely be more focused on it, but if we can't trade it then it's not even worth our consideration, right? STX C gate cheese. They took a huge hit today I don't know why I'm looking at bio N tech and Moderna obviously both dropping off right now folks Let me know if there's anything else that you see it looks like some of the vaccine stocks are down today But otherwise there's anything more on the way up or anything entirely that you find is a great opportunity Please type it in the chat board All right Do I ever use the intraday short locate app on trade station from Daniel? I do I do frequently more so in the mornings though. I do it like it honestly if you ask crack it dawn You know early bird gets the shares So, you know if you use that app early in the morning you can request the shares and use them throughout the course of the day You know of course if you can check throughout the day first come first serve So there are times where you check midday you get denied you check again 20 minutes later, then you get approved So you have to keep checking there Daniel From Michael M continuing to move higher Yeah, a little bit more in a swing trade right AMC through 45 so AMC is already on our list, you know what I'll tell you what folks I think that we're gonna call it right now. There's no other comments that I see your callouts rather Got Patrick here open at the high of the day or near the high of the day You know, this one's making a sharper push perhaps compared to Macy's You know both seem strong in terms of the trend, but this one double top at the highs stock that we are pretty familiar with It's only up 5% Patrick. No, I'm kidding when I say only I didn't find it on the gainer side here That's why I'm saying that of course this one looks pretty good and it's a stock again that we are Familiar with you know more recently now than ever. So I'll give this a shot open here. Oh I forgot about a couple meme stocks because Daniel F on YouTube calling out the cost trade I forgot about that one. That one's like really thin and this one's super illiquid So listen, I think that we're gonna have a much easier time making money on some of the other trades The name of the game folks is to make money and to not lose it at the same time So, you know, I always pose it this way in our live trading room If you had a choice to answer two questions one or the other Either way if you get it right you get a million dollars. Which one would you choose? The second grade math question or the calculus three question Know what I mean, so I'd rather Answer the easier question to retain the same amount of money It's the line of thinking that I hope that you understand. All right folks Let me know if there's anything else that that you see Cardano took a small bath overnight into this morning by small. I mean pretty small It's pushing back up right now. So we'll talk more about crypto at least going into Wednesday tomorrow All good. Folks. Let's jump back to tea cat at least before we wrap up Because tea cat and just popped over eight But then dropped So, you know, I guess it could still be in play. It hasn't totally tanked yet But the setup is only if it could pop back over eight if it could do that Then we're in business and a strong pop at it, too If not, then I would only assume for it to go one other way So I'll put it on our main list, but if it doesn't do that just move on All right, so folks for all of us in social media Daniel p trader and the rest of us Otherwise I got a bunch of us today on YouTube. So I appreciate you sticking with me each and every day today specifically But otherwise every afternoon otherwise, let me know if you have any other questions thoughts comments suggestions that you would like to Send over my way right over to my email address Josh at ctu training calm But otherwise feel free to join us weekdays Monday to Friday live inside our trading room Just go right down to the link on the banner below the stream to get yourself started for the 110 of us They're right now including a mola Norman Grant Patrick Bonnie Ray all of us otherwise I look forward to speaking to you folks pretty shortly from right now Amola at the bell here asking just about the SPRT trade So right now this stock folks isn't looking as good on the way up It did make a small little under and over from 12 And I told you right then that it needed to get going so if you took the trade right then in there You know you're up 20 cents 25 cents, but is this gonna keep blasting back up to 13 13 50 14 I Don't think so We'll find out though right but otherwise folks I'll talk to you all coming up pretty shortly coming up at 3 305 Eastern time. We'll be back on the mic. Take care