 All right, separatrators welcome on back here this Thursday October 6th shortly after 2 30 p.m. Eastern time We got a call out from Scott here inside our live trading room fng re saying hi the day We'll jump to that in a moment great to see Scott Andre Carroll later and all this just rejoining us here inside the live trading room Hopefully loud hopefully clear you can't see me still right now though. I'm reporting live my dungeon making sure that no fuses blow out again Like from this morning so great to see all this back on social media though None nonetheless from Facebook live or YouTube. I mean hey the markets are slumping off a little bit here But the Chinese EV stocks like Lee like Nio have been getting smashed I mean really the last week and a half or so but today both down big once again Lee down over 13% Nio down over or nearly seven and a half right now Nio is like even a little bit more flat right now compared to that Lee Li is looking pretty good as a short so right out the gate Hey, we're gonna put these two on our watch list here to begin the Lee the Nio There's the other one XP EV right Yeah, dropping off also down over like 4% probably you know holding the strongest so to say compared to the others But you know that could be a short as well I like the first two a little bit more So we're not gonna build up too big of a watch list here at this point But you know hey the spy has been slumping up off a little bit, but it hasn't really broken that much lower really It's been holding pre-market levels pretty nicely Let's see if I could actually do this without like freezing up my platform just give me a quick moment here Toss it to the spy right now which now the spy is inching back up a little bit now thankfully But right off pre-market levels are right off 374 basically I'd ended up bottoming out there earlier Which I was expecting But then in you're coming back down and the more test support you're more you know worried about a break of support So I was a little concerned going into this meeting. We would have seen support break That's you know not the case just yet, but we're still not ruling it out. We still have about you know 87 minutes left before the end of the day here So, you know we'll go across the percent gainers and losers lists here in a moment folks Let's actually you know what let's hop to that right now I'm gonna go over Mara probably at the end then I was gonna start off that but we'll jump to Mara at the end I ended up closing a small swing trade. I had from yesterday afternoon, but I'm back in I'm gonna show you where I ended up Jumping on that trade. I mean, but if the markets do break support then I would anticipate Mara to drop down with it So, you know, we'll check that out at the end. Let's go across the percent gainers and losers lists here Otherwise see what else we've got. Oh Hi, huh? There we go There a MV to begin and this is a gamble stock not a casino stock That's my joke But this is a pure gamble if you're looking to make money on it. It's an IPO I guess from like a week or two or go Popped up to God knows what price one morning then came all the way right back down and it was no glee day Then and since it's only been dropping off I guess today it ended up, you know running up getting halted a couple of times there But you know, it's just a pure gamble. You can't use a market order on this stock We normally don't use market orders anyway But you know to say though you're gonna burn 45 cents on the spread here 35 cents on the spread or roughly around there Using market and otherwise it's gonna be just very tough to get out of unless if you're trading extremely extremely tiny shares So, you know, you're kind of wasting your time there. I'd say, you know, otherwise there's better trades We've had better trades from today Mots being one of them I was a little worried about this trade being more of a pop-and-drop you could evidently see from the daily chart So I'm very happy to say this proves me wrong, right ended up making a nice big pop here today The match trade I ended up getting my hands on this one a little bit later on and I left some money on the table But right off 270 ended up getting out just under three popped a little bit higher But ended up pulling right back down and you know, you're for the meantime You could still say it's like building a bit of a rounded top. It's holding near the highs, but you could see pretty clearly Resistance is still being tested still being built perhaps across the day So it's not even just three, but you also have three ten and then also three fifteen a couple of big icebergs out there So, you know, hey, I'll put this on our on our watch list here Mots it looks strong still in in sense of trend, but you want to see this really begin to break higher soon Looking around for my water bottle. It's on my other table there. I got my drink here. Otherwise, all right Let's see what else we got here though the mods trade we have on our watch list now We have the Chinese EV stocks like Neo and Lee if you're just joining us right now So not a bad list to begin SNTI, I mean you could say the same with this as I said on mods And it's kind of just moving up a little bit grinding on up It's I mean you could say this is kind of filling in more sideways making lower highs higher lows But it's proven us wrong today though I mean, I wasn't expecting as clean of a move up once again today after the week week and a half It's at so, you know what we'll put this on our watch list here as well the SNTI Right now, let me just actually bring up level four for this trend I know there's a few of us that have been following this from earlier this afternoon All right, so right now you can see this is beginning to squeeze up towards 780 a little bit Of an order that was just sitting there. It just broke over it But you know, I'd wait to see what happens more so off the 8 level a couple of tests off 8 earlier today to where it made False breaks above it and came right back down were tested it and tanked So, you know, that's really the bigger level to watch at this point after that if this could really You know needle 8 and break over it then 850 you would assume there's a big order sitting there for about roughly 15,000 Up and then from there 9 9 is your bigger level up top So, you know, it could lead to a nice clean break over 8 Should you should you give it a couple of more tests and then from there? Perhaps we could see a nice target in 9 off that break of 8 But yeah going into the close here for right now the SNTI will we'll put back on our list for right now Now if this is like a false break out this tanks from right here Watching this right now That's like a little false break and it tanks down to like 650 then game over so Check back in with this even at the end, but for right now it makes the cut PEG why another stock that's been kind of like gaining my trust a little bit more here in respect Ended up making a big pot back on Tuesday of this week and hey normally for a stock that makes a one-off pop Yeah, I'll trade it, but I'm not gonna like look to really fall in love with it, right? I mean took a while for me to fall in love with Neo, right? So it's to say this one well yesterday ended up making another big squeeze up and from that point I said hey, you know what? It's been a very liquid at least really liquid today right now Penny spread really filled an order book So I like that it made back-to-back runs up and it was active once more in pre-market this morning Unfortunately though after the open it tanked. I was kind of like the FNGR trade Which we'll jump to in a moment that Scott called out just as we started this meeting But FNGR earlier this week for as much as it ran up last week into this week It tanked for as much as this stock gapped up and ran up the past two days Well the tanked led to a good balance later on just took a while for that to materialize You know right now. It's kind of moving sideways looks like a false broke from the VWAP a little bit earlier here So I'm gonna pass on this trade here the Peggy Got a bunch of cheapies here like 70 cents 19 cents 8 cents 24 cents Kind of like skim through those All right Prover PRVB we had we saw this at least early this morning I didn't put this on the main watch list, but it was relatively active Ended up leading to a little pop out the gate, but from that point kind of just pulled back shortly after and I Mean a little move up here, but better trades out there at that time And not even really to say like it's the most active time to even be trading But you know there were better trades even here at this point the SNTI was pushing at that point I did not mean to click on this comms tblt All right one of our students was talking about tblt earlier just looking at it And at the time was making a nice push up to three ended up pulling back down towards 290 here At least this one though ended up making more of an afternoon move more volume came in more off the afternoon session thus far I feel so Yeah, I'll add this to our list here for right now tblt We're familiar with this one too. All right The B-Trade BEAT ended up making a big pop in pre-market great call out It was breaking all-time highs at that point It's holding over the previous all-time high and that's right off of 547 I remember that just because I plotted that on my other platform here, but you could see right off 547 All-time high back from November new IPO So no not often we see an IPO this cheap and breaking all-time highs off a pop like that So no we wanted to take full advantage unfortunately didn't really offer us a whole lot after it's just been really flat here across the afternoon So they're definitely gonna pass on this trade at this point. Maybe tomorrow check in with it if it shows more strength going up, but We'll pass on here. Let me keep it going. We keep it moving. See what else we got here across the gainer side Hey, I know Peloton's been pushing up pretty nicely, but with the market slumping off It's gonna be tough for that to like really go against the grain. We'll check in with that one in just a moment Got Groupon. It's not really trading a whole lot of volume there FFIE is a cheapy IMVT we saw this one from like yesterday. I think right we're even the day before back on Tuesday But you know, it's at the highs right now. It ended up making a bit of a push this this morning Order book doesn't check out too bad. So, you know what? I'll actually know what ha I just caught myself The last part about this thing as to why I don't want to follow it It's only trading like 2,000 shares a minute at that only like 1,800 shares a minute that that's really low So it's trading enough volume on the day order book checks out great That's really what I focus on more, but um, yeah, that doesn't mean a whole lot here Only trading about 1,900 shares doesn't doesn't lead me to think it's gonna really make a pop So all right. We'll hop over to the loser's side here in just a moment last one I want to check out here blue this one. We're pretty familiar with as well Actually a lot more this one training a little bit more volume per minute order book is a little bit more liquid Even but it's been pushing up pretty nicely So, you know, we'll put this back on our watch list though the blue trade All right, let's hop over to the loser's side right now Obviously the Chinese EV stocks we have on our watch list already if you're just joining us right now That's what we started off with at least Lee Neo Neo beginning to slowly bounce back up for right now But you know going into this meeting both were dropping off at the time So, you know, we're gonna continue to follow them Bloom BE bloom energy we've been following this one on and off like kind of like BTU and energy stock But ended up making a big drop here today You know what why not when I have too big of a list here at this point We're on the loser's side now one two three four five, so we got seven stocks to work with Normally if it's like 12 13 stocks, I'm like yanking my own collar. I'm like a not good Let's see what else we have here folks If there's anything else looking really really good type it in the chat board across social media Facebook live YouTube for all this Like Jeff Leda Andre Scott. Let me check out FNGR from Scott It's like building this Fausto flag to a good degree here Holding under the 820 high there at least so you know what it's been pushing them back up pretty nicely Ended up having a big run from yesterday and from like a weekend week and a half ago ran, right? You know so back on Tuesday this week this thing tanked ended up dropping off right out the gate at the market open So doesn't look terrible here, right? She's just a bit of a spread. I'll put this on our watch list. We got the ATX G stock. Maybe nope Ha, I guess not all right now. It's not really looking too great there V I think I'm at the bottom of the barrel here folks not a whole lot left I think that just about wraps up for me here folks So for all of a sudden social media Facebook live YouTube, I appreciate you sticking with me each and every day each and every afternoon And this week of course throughout the morning is as well Fausto will be out I believe tomorrow. Yeah, I believe he'll be back in our next week on Monday or yeah on Monday I was gonna say holiday on Monday, but markets are open on Monday in Columbus day If you have any questions folks feel more than free to send over a quick email I always like to post my email at the end of these streams here Josh at ct trading comm otherwise if you're interested in joining our live trading room feel more than free to go right down to the Link on the yellow banner below the stream just to get yourself started But for Kathleen later Jeff and all this otherwise I look forward to chatting with you folks coming up right here To right around three o'clock. I'll be back in the trading room at least inside the chat board 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