 All right, cyber traders good morning and welcome on back here this Monday brand new start to the week here this Monday August 22nd And with that there we go. We are now good to go here Let me get a quick chat back for all of us on social media Good to go inside the live trading room though great to see John and Rob who both made some good money just now on the SVR E trade great to see Rob and Kathleen and Egan and Ray and all of us Norman included inside the live trading room Perfect and great like I'd said just before great to see all of us on social media So folks for all of us inside the live trading room rich We'll be posting the link for the phase two stock course later on at 10 o'clock Eastern time We have a lot of trading to get to of course with this meeting to begin But we are beginning the phase two stock course later on this morning right at 1035 Eastern time So we're gonna be talking a lot more about time and sales the tape and we could certainly use this SVR E trade as a great live example if it continues to run and Certainly if not perhaps we'll go back on this trade at least from pre-market So the news out on this SVR E trade. I didn't even see any particular Headline worthy news on this stock And that's all right, you know, we don't need to have a sexy crazy headline out there for a stock to make a big move It could just be a natural short squeeze. It could be day traders like us looking to just get a nice quick pop and then squeeze up themselves Whatever it is. There's something about this trade that is extremely interesting I wrote it earlier inside the chat board for all of us here live. It was a little bit earlier after 8 o'clock Do you folks recall what I ended up typing inside the chat board and for and as I asked that But I welcome Kevin and all of our new trial members just joining us inside our live trading room I'll make a nice welcome message to you folks coming up next. I should have done that right away But let me ask you I'm so excited about this SVR E trade. Why is this stock even more interesting compared to the typical pre-market runner? I mean, hey, it's cheap. It's trading great liquidity. You know, that's good enough, but there's something else folks There's something else on top that leads me to be even that more that much more interested on this trade Do you folks know what that is? We wrote it earlier a little bit earlier inside the chat board And Carol says a new IPO. Well, she's on to it. It's not that we like trade IPOs as much so, you know That's part of it You know It's a it doesn't have much historical data does it because it's an IPO Well when there's great momentum and a stock is breaking an all-time high like this is clearly doing this morning You know, hey right now this is trading at $4.82, but you take a look on the daily chart This is all the historical data that we have so far high back from July 14th Right at 417. So it's not just that it's an IPO because there's IPOs out every day We we trade probably like the the you know a very few percentage of them But it's to say that there's no historical resistance on this trade So with that and it allows the stock a much freer ability to run. So for right now definitely SVRE I'm gonna put on our main watch list, you know, it's the top percent. It's number 2 percent gainer right now I reckon this AK li stock is technically the top percent gainer for right now, but this is like not even tradable, right? It's on 81 cent spread $38 stock, you know, that's kind of within our price range But for the move that it made in the after hours Friday, it's not doing anything here So definitely for right now this SVRE trade that we just showed I'm gonna put on our list the AK li not yet Like it's a gamble stock if anything Quick little water break there now. Let me get to Kevin and all of our new trial members We have actually a bunch of new trial members that came in off of this weekend So welcome aboard if you're new to our trading room Just please do yourself a big favor and just call our office at some point today or at some point over the next day or so And make sure that you talk to your education advisor They're basically the middleman between you and Fausto who would normally be doing this meeting He's actually in Florida right now with the great Tom Busby and DTI trader with the with their on-site course right there But otherwise there your education advisor is the middle person middleman middle woman there between yourself and Fausto yourself and myself So they'll be able to show you where all the recordings are that come with the trial membership all the traders talk workshop Recordings that come with it and alongside that they'll just be able to explain the lingo that you see in the room We'll be able to explain what's on the trading platform that you see there So just make sure that you call her office at some point today or over the next day or two now with that though Let's get right to it. We have the SVRE trade already on our list We don't have class right away at the opening though, right? That's a 10 30 So we have a little time. Let's go through the top percent gainers and losers lists here market ended up slumping off in the after hours from Friday even and Continue to push a little bit into the pre-market this morning So, you know, I'm not sure that we're gonna find like so many name brand stocks that are big on the gainer side here today But let's get to it actually with that in mind There's a couple of stocks that are on the percent losers list here name brand and we'll get to those in just a bit Also a little dim lighting here. I don't know what's going on with that. We'll get that fixed But for the meantime though sgf y it's up over 40 percent This one also has some pretty thin liquidity like the akli, but at least the spreads are like way more contained So yeah for right now the s Gf y I'll put on our watch list for right now I don't have Benzinga up for this stock at least just yet folks, you know for right now though And let's actually pull out the matrix I don't even have my level four open for the stock But you could see that there has been a bunch of volume filled collectively off the 30 level You would assume that because 30 has a whole number resistance is pretty significant. It's a decade num Level resistance to so with that it should be pretty strong But the volume goes to show it not just at 30 but also here at like 2987 a lot of prints a lot of volume getting filled There too including the 75,000 share print that just got filled like probably In the last 30 seconds, so there you go 2987 2986 right here could certainly be a complimentary resistance to 30 when the market opens up The SVRE trade we already talked about but that's on the way up to five I have my level four up on my other screen here, which I'll drag over right now So just to show the level four for this stock We already have this on our list, you know breaking all-time highs only about 6,100 shares on the ask at five bucks You know there could be more that comes about that level once it actually gets tested But for the meantime, it wouldn't shock me if it just blows the roof right off a five the stock's trading about 117,000 shares a minute and Apparently there's only about 6,000 shares on the ask of five So, you know if it ends up testing that level it should lead to a pretty quick initial break But look for it to come back down after that could that could be a big false breakout type of you know setup So svre on our list the sgf y already on our list And we'll keep it going. We had a nice call out timely for myself on the smmt You know, we ended up seeing this big 85,000 share iceberg order pop up on the bid for smmt And we'll bring book map back up for that So it popped up I think even here to begin I didn't notice it then at the time this very faint but you know darker red dash And then from there as it squeezed up afterwards it ended up moving its order up up right towards 134 And you could see about 85,000 shares on the bid that ended up getting placed there shortly after eight o'clock It took it about an extra five or 10 minutes And then this ended up breaking the higher high off of 142 and then from there made a Terrific squeeze up. So this one ended up being a great pre-market runner for us early this morning the smmt trade We ended up trading the stock also from last week from the end of last week from thursday right here So what goes up ends up coming back down And for right now the smmt doesn't look nearly as good as what it had looked like earlier after eight o'clock So, you know, I'm gonna write this down on our side list I'm not going to promote it to our, you know, main watch list just yet If it ends up making the the higher low the support hold off of 150 a lot better coming up then I'll reconsider Let's see what else we got here the x r tx trade You know I had it an initial bounce off of two and that's why we had the stock on our more on our pre-market watch list here Ended up squeezing up from two up towards two 19 to 20 So john inside our live trading room one of our members there ended up getting you know I think it was like 18 or 19 cents from from right from that too So for right now, it's just kind of flattened out a bit, uh, you know slumped off So this one even more than the smmt. I'm not gonna like be as keen to follow this one I like the smmt a little bit more than this I should say All right, uh MSPR now this one has been teasing us for this, you know bounce across the uh morning here above the vwap the break over 265 268 265 was a pretty big support level that it broke from so, you know with that that was also the vwap area There's also about 10 000 shares at 270. There's also about 41 000 shares at 275 So there's a lot of resistance in a few different ways here on this trade and for that reason it actually makes me slightly, uh Less encouraged to trade this once the market opens up, you know, it's tradable. It has a great spread great liquidity It's cheap, but um, you know, I let let's see if there's anything looking a little bit better right now I'm right this down on the side list with the smmt trade there GRfx I was hopeful for this to make a nice bounce from three after eight o'clock It's only been teasing us for that pop I'm gonna move on from that trade the night hawk trade this one ended up making a nice run too You know, hey, this one ended up pushing up shortly after eight o'clock from like 275 280 ran up nearly 50 cents from there So it did a nice job for us early But you know like the smmt trade ended up completely crapping back out the other way I don't know if they're related. They're making a very similar move those stocks, right? I am ignorant of the news this morning So with that, you know, I had the news up for the svre trade or tried to which I didn't see any headline for But otherwise, yeah, I mean if they're affiliated then it goes to show that, you know, there's not much momentum on this trade There's not much momentum on the night hawk either You know, maybe f the open if we end up seeing, you know, the higher lows build the support then we'll be more interested in the trade Party city also same thing on this one ended up making a great squeeze prior to eight o'clock very timely call out from mark at the time But unfortunately this one failed to break higher off 250 same deal on this ended up, you know, coming back down at least for right now Uh, we've done really well on party city though the last, you know week straight pretty much on this stock So, you know, naturally for as much as this did pump up day over day from the beginning of last week It started to pull back. Well, there was another hope for a run higher But obviously hasn't happened yet All right markets are down uvxy up and I don't know if it's up anymore from nope from where I last checked in on it So, you know, listen if the markets are really making a strong direction Then we're gonna, you know, be more mindful to call out certain ETFs like uvxy or the cues or, you know Let's say if like gold or silver are moving really well in one direction You know, we'll be following that natural gas UNG and cold the ETFs, you know, we've been trading those at times But nothing too particular. I mean maybe the cold because it's trading a lot of volume But you can't really apply level three to ETFs if you have level four if you have book map It makes it a little bit easier But it's still like very troublesome very hard to try and identify the big volume levels So you need to be very, you know, Disexperienced rather I should say with using level four and yeah, you know The more that you happen identify certain volume based patterns It becomes easier even for an ETF But if you're new if you're new to book map level four I wouldn't really want you to be trading the ETFs just yet I'd rather you have have you find your groove on on just equities first a little bit easier to find the icebergs Now let's hop over to the losers list here. I do have the news out on amc I post that a little bit earlier in the pre-market once we had called it out Grant had first called it out early on in the morning Well, we ended up seeing the news out on amc. So down 31 plus percent pre-market now even more Ape special preferred share dividends to begin trading on the new york stock exchange today also potential bankruptcy filing of Cine world having As also weighed on the stock So a bunch of different news headlines out on amc, but ultimately if they're doing like A dividend or if they're doing let's say a thing where they're adding more liquidity or adding more outstanding shares It's going to dilute the stock price right well that also alongside the potential bankruptcy of Cine world Which i'm not mistaken. I think let me just double check on amc here That's c and k Nope. I have to be thinking about a different company All right, well looks like they might not be publicly traded but Cine world also You know potential bankruptcy of one of their companies amc that is so with that big drop off early this morning in pre-market It dropped off after eight o'clock if you're able to get the shares to short it then Definitely put it on your watch list. I don't really see like Any fundamental reason as to why amc should dead cat bounce really well today aside from it just being a meme stock Like if the wall street bets and your retailers out there all collectively jump in if the stars really align Yeah, amc could definitely squeeze but there's no like news-based reason for me to feel confident about Oh, yeah, amc is going to squeeze back up, you know five points today So that's my two cents on amc Obviously, we ended up seeing what happened on bedbath beyond the bobby j trade ended up dropping off big from the last couple of days You know it started to make a nice balance as a day trade off of nine this morning Shortly after I had first noticed it saying it was dropping off the amc trade It broke under and over back from nine. So nice day trade on that front It would be You know, it would be hard for me to not put them on our main list just to put more focus on them Given how volatile they can be and if the stars could align for amc in particular Perhaps that could lead to a decent squeeze initially when the volume dies off These things are going to tank. So that's what you need to be really careful about on the amc and the bbby But you know, I'll put both of them at least on our main list for the open Uh, grts as we continue to go down the loser side for right now grts not doing much of anything. It's pretty spotty and it's down big but Here not much and just pretty spotty chart All right current time 9 15 want to make sure that we have enough time to prep and line up our levels going into the open I ended up shooting myself in the foot all last week. I gave myself like no time to do my normal prep work I ended up lining up the svre trade and the smmt myself before the market opened up or before I did this meeting even already So, uh, try to remain one step ahead of the game I want to make sure that you folks have enough time to do the same as well If there's anything else up down left right more than five percent folks type it in the chat board here That goes across social media to facebook live youtube as well Chart uh chuck says the chart on rev indicates worth watching. Okay Let me keep it on the side chuck not trading a lot of volume there and the charts making a lower high from the after hours peak there so I'd be Putting that on the side list for right now Maybe after the first 10 15 20 minutes of the open if we see more strength on that trade Yes, um, if it was trading a lot more volume in pre-market this morning Then I'd be more interested in following it right now But after the after hours pop then drop it's not doing a whole lot for us here for a monday Um grants says svre sure looks good here. So there's no need to build a big list, right? We got the svre We got the s gf y and you know, we have our hands full with amc and bed bath beyond I mean on any day let alone when amc is down nearly 40 percent right now, right? Um type a couple stocks in at least from benzinga I didn't have my news headline up at least from earlier, but I got the scanners up So let's jump to night hawk nhwk looks like that started to make a small little push back up from where I last left off on it And a big shake right back down. Oh boy All right, so night hawk, you know, it wouldn't hurt us to quote-unquote put this on our main list It's trading a ton of volume still Party city, you could say the same even more on the xrtx trade This thing looks dead I'm gonna pass on xrtx. That's for sure Let's see what else we got mspr still teasing us for the break over the vwap Looking a little lifeless right now still though. So i'm gonna pass on that You know, I guess out of all of them the night hawk is is probably the most active out of those So I don't mind slipping night hawk on our main watch list here nhwk Smmt looking for i'm still dropping off. I should say not even looking flat So i'm gonna pass on this one right now to norman says night hawk is shortable in trade station. That is good to know You could say the same on sgf y but sgf y is a thinner book But i'm good good good heads up on that that uh norman All right, folks before my tongue is tied I got to make sure I jump off and get ready for the market open myself For all of us on social media facebook live youtube any questions that you folks have if you're more than free to type me Write me a quick email josh at c2 trading dot com if you're interested in continuing our audio commentary once I got my Bottle of water filled up then make sure you go right down to the link on the blue banner below the stream right there to get Yourself started but for grant and norman and chuck and and kevin one of our new trial members joining us here His first visit today again welcome aboard to kevin and any of our new trial members joining us for this week Make sure that you talk to your education advisor You're like I'd said before about myself You're shooting yourself in the foot if you don't call her office and talk to your education advisor They're here to help and answer questions more than anything So, uh, please do that but otherwise for henry and kathleen and john and ron I look forward to talking to all of us just to your coming up once the market opens. 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