 All right separate traders good afternoon and welcome on back here this Tuesday July 12th shortly after 2 30 p.m Eastern time shortly after we just finished up our traders talk workshop great to see all of us live inside the separate room later Scott and Kurt rejoining us right now great to see Karen and John and John and Milton and all of us live inside the trading room Like I just said great to see all of us back on social media Facebook live YouTube So let's hop right into it folks market dropping off stumbling here heading into the close So could be a decent day to try and find some shorts, right? You know, we'll check out the sideless stocks coming up at the end But for right now, we'll start the stock on the screen the B-hat trade. This is a familiar name, right? So if I zoom in on the daily chart right away Quick little tip any stock that trades like you know 100 plus million shares makes a really big pop This could be easy to say but we were on top of it That's like my quick little cheat code right there But I remember this move be hat ended up breaking over a dollar early in pre-market that morning And then it only kept giving us right so pushed all the way up that day up towards 350 And then over time it's been shaking around so we haven't called the stock out every day over the last two weeks on Enough but certainly today it ended up making a great squeeze for us heading into the mid to late morning And then since it's just been running up very nicely So right now be hat 30% gainer we're gonna put this on our watch list to begin But one thing here. I want to see if it's even showing on level three still That order still may be there, but maybe it's not just showing from the matrix But there was a very big iceberg order ice very big iceberg order on this stock earlier this afternoon Richard called it out pretty nicely right off of 370. I think it was rich Let's double-check here on my book map on my level four right now Which I'll even bring up briefly here just to show but we had a really large resistance right off of 380 not 370 So let me bring this up here very briefly The iceberg order is still there at 380 a 73,000 plus share order currently sitting there So that should be our major resistance our major top and it already has started to become one where you know It didn't peak all the way up to 380 and test the iceberg But generally speaking for as much as it ran up. It held under 380 375 here as well You know heading into the close you would really need to see support build above 350 And then from there to see if it can make the actual test of resistance So definitely right now. Hey, we'll put the hat on our list to begin definitely. It's a great idea to do so All right, so let's go from top to bottom here no class this afternoon I could take a little time. So any of the other big movers like GOE V The HSTO is a little bit of a bust, but that actually provided a decent trade as well So let's go from top to bottom and we'll recap any of the big moves that we ended up trading the RHE to start things off SMEDs a buyout just so you know so RHE I mean hey I personally did not get my hands on this one really we first started calling it out heading into 1 o'clock when it Broke new high of the day over four just a lot more volume getting filled and traded beginning at that point So really that's when we had our eyes first on here. I'm not gonna sit here and tell you we had called this out at 280 But ended up making ice squeeze off of four led to a perfect run up towards five five fifty even above that and Given right now. It's still relatively active and volatile a couple of orders on the bid right now I see it 460 and 465 to generate some potential support We really we would really need to see this break over the VWAP hold that as a higher low You know support, but um, you know if anything we just got to make sure this really breaks over the VWAP here soon So RHE I'll put on our list as well for right now GOE V not so much not so much this GOE V at least for this afternoon Nice run from pre-market then after the open although it had pulled back and dropped off quite a bit after the open It led to a small little bounce not the best not the biggest but off of pre-market past resistance This tried to sneak back over 420 and right where my cursor is this could have been a nice entry to take once it breaks back Through this level on the way up But unfortunately it didn't give us what we would want out of the trade for it to really run up higher approach to The pre-market highs at that point perhaps even obviously really weakened from there came back down So you know just goes to show you can't buy the news and hang on to it all day, right? And buy the news, but we're we're not buying the news here if a stock pops because of news All the more better, but we're buying a stock based off of the big money We're following the big money so with that once you realize that there's not that there's not as much buying momentum to push it up What's gonna happen once support gets broken? GLSI I don't know where this is stands right now This had popped up pretty sharply after the open got halted once it reopened Actually, I don't know if I got hold to the second time a down halt But man this thing sure tanked ended up reopening off the halt popped up to 14 and change and then right back down It went so you know right now. There's nothing interesting about this trade here You just don't want to get stuck holding on to a you know a big bag So when the volume dies off, we know what happens, right? RYTM Don't mind if I do right away. I'll put this on our list nice stock at the highs Liquidity is relatively thin, but it's a decent spread for right now So hey, this seems like it just broke above resistance off of six And to tell you the truth about that There's more volume filled at 593 and there's also more volume filled at 610 Compared to six so that doesn't really mean that six is as big of a level as we'd assume it to be at first So if this does pull back down, I would really want to make sure a six could become that strong level and act as a support So I'll put this on our list here But if it breaks right under six and slams under it and holds under it not good So I would write it off should that happen, but for right now. We'll see if six can be a good support level A D I L we've traded this one in the past not too recently But a little move up heading into the mid-afternoon here topped off at 169 and you know right now It's kind of there right it's near the highs But I want to see if there's anything looking a lot more lively at this point something That can peak our interest a bit here, right? SS why not so much INDO and definitely not this was a dud after the open High hopes for it, but again seemed to be said here as I just said before on the GOE V-Trade All right, HSTO same thing here off of for this is actually a really nice trade after the market opened up It dropped off and bottomed out right from four broke under and over from four on a couple of occasions I made like a dinky profit here at first. I wanted the real run at first So when I pulled back I ended up getting like four or five cents I think four cents on it like not much but then It broke under four at that point. I thought I was going to tank to be honest with you Well, very quickly once it broke back over four I realized the move that was going to happen. So, you know, if it's not going to make a big move down and crash At least at the time there's only one other way the stock is going to go So I ended up jumping back in this right over four ran it up towards 447 left some money on the table But again this stock I mean this thing ended up making the move off of four But you got to see higher lows you got to begin to see higher lows begin to squeeze this up Give me a quick sec for all this live inside the trading room. I forgot to do one brief thing my apologies. I thought I had my platform sharing for all this inside the room my apologies there me a quick second and Credit to later who had just chatted me. Give me a quick sec. No screen for right now We'll get that up in just a couple seconds there Thank you ever so much later. I was not looking at the chapel as I was doing that Alrighty, there we go. We did not miss too much because B. Hat is already on our list I think that you folks saw enough of that already the RHE stock is on our watch list and then our YTM so three stocks I put on our list so far B. Hat Reg and our YTM that's where we're at right now. All right Thank you later. Alrighty, so for right now HSTO nice trade from the morning not a whole lot happening now Pass on this all right Let's keep it going folks Faustos and Bill Ackman's herbal life I'm joking with that but Fausto was calling this out right away when the market opened up led to a really strong push it first Is that the highs right? So for right now Hey, let's see if this can make a small push-up higher My only gripe on it is that out is that I wish I wish it was trading a lot more volume per minute It's only trading about like three or four thousand shares a minute Could see a lot better to be honest So I'm gonna keep this on the side for right now if it ends up making one more pop showing more buying than all then I'll slip it on our list there ALDX How about this more of a stock that we had on the pre-market watch list? Not as much on the the morning list heading into the opening bell Well, it was dumping off after eight o'clock. It was a dud It really didn't provide a whole lot for us initially but after the open a little bit after heading into 1030 time Man, this thing ended up making a nice bounce and recovery. So this is a lot closer to the highs Same to be said here though as I just said before an HLF It's not really trading a lot of volume per minute and this book is even more liquid compared to the HLF trade So that means it's it's gonna require a lot more to you know, break through all of that volume on the ask side ATRA I called this out before the meeting started just saying hey, it's at the highs That's all and with that it's still at the highs So we're gonna put this on our list at this point This one not trading a lot of volume per minute either a little bit more than the other two I reckon but you know just more for the fact that this is at the highs here. It's just well within our price range Good liquidity on the book. Now. Let's see if this can make the the run-up higher the squeeze up higher Freq another stock that had popped earlier I thought this would have a lot more life to it heading into this meeting, but obviously not the case here So I'm gonna pass on this one get a lot. That's up folks. I mean the markets are dropping off But we got a lot that's on the gainer side here still TXMD. I Would assume that's a buyout looking at the daily chart Just the fact that this had gapped up and then stalled out right around like 10 or 996 for a long while I don't know let I don't know what led to the drop-off yesterday of all of all days But really strong recovery here and a beautiful trend to back it up to off the lows I'll put this on our watch list just I don't like the spread and that's for sure So this is not your level one stock, you know, not level one or level two for that matter I'd probably give it more of a three maybe even four should be happen to see more volume getting filled on the stock All right, we got the airlines moving from this morning Jets airline ETF is running up really nicely today So American Airlines United Delta. I mean pretty much all of them except for save We're really making this type of move here So nice pop from the morning not really a whole lot happening right now Unless if we get like a crazy bounce within the market heading into the close Which I mean hey you but you be the judge that it doesn't look like we're gonna be getting a bounce by the Look at this trend off the highs on the spy. I Wouldn't expect American Airlines to bounce unless if the markets make a tremendous bounce from that point So, you know, hey, this would this will be on our side list for tomorrow and for the remainder of this week The airlines in particular, but this afternoon not so much All right, this got this tease of a stock I-I-N-N. Oh no, you got to be kidding me, right? This thing ended up popping for us like three out of the last four pre-markets in a row This was unbelievable. Yes. Yesterday morning when I did the meeting We very reluctantly put it on our watch list because you know two previous times from last week This made the same pop in pre-market the same dump off It's insanity that is literally the definition of Definition of insanity for right now at least, you know, obviously very slow moving, but it's at the highs We've been waiting and waiting for this I-I-N-N to make a regular session run That's why yesterday. I still put it on our watch list because although it dumped off You know in pre-market and dumped off the last two times it did that You're looking for that regular hours run and I didn't follow this stock today up until right now So with where this stands currently it says good of a chance is any now than ever So I-I-N-N. I'll put on our main list Fool me one shame on you fool me twice shame on me fool me Five to six times over shame on me, right? But the way this looks it looks really nice here good spread good liquidity. It's at the highs We'll see if this can make the big pop that we wanted from earlier this week or last week Let's go across the losers list now spy is still dropping off a little bit here You know, I don't know if there's gonna be a whole lot That's like down. That's like a name brand stock got a whole bunch here That's hard to borrow to top off the loser loser side UCO crude oil ETF. We're not gonna really treat the ETFs as much today Geez folks. I don't mean to sound lazy here. I'm not lazy was saying this But aside from E2 here is down 13 plus percent $6.50 stock Triggering 5.4 million shares this chart looks like crap though There is not much else that is down big that looks like actually good I will check out FRSH From earlier nice short, but very flat here All right, so folks, I'm gonna need a little help if there's anything else up down left right more than 5% And certainly all of us inside the trading room have the right screen here Let me know if there's anything that's moving on your end, and I'll definitely check it out CYH blah not a whole lot happening there All right, we'll check out YouTube briefly. I don't have any other chats from the trading room Yeah, Patrick they're loud and clear from him on YouTube, but no stocks to call out Let me check out Benzinga pro here briefly just before we wrap up and that's all right I mean hey if we ran through the the the market, you know percent gainers percent losers I'll take that right so for right now. I'd say let me just get my volume setting filtered Let's see what we could do here as VRE Nope, this is up 26% it's trying to like bounce a little bit But nothing really standing out right now for that one the B had stocks already on our list with obvious reasons That one is still looking really nice CYCC just popped up on my radar. It's up over six percent. It's only trading 500,000 shares and you know nothing really too good about this right now if it made a bigger pop Then I'd be more interested or more volume traded on this one. I'd be more interested Boeing from Kevin so that's me a little expensive for what we normally look to trade We don't like stick to like the really cheap stocks and that's it but for Boeing Ah little little pricey for our liking here normally a hundred plus dollars or so right? So we had our eyes on American Airlines earlier today United Airlines Delta etc So we've been following the airlines in that sense Kevin on YouTube So not a bad call in the sense of like a stock that's trading a lot of volume Which we appreciate more than anything, but it's just the price. That's all That's all of course you could you know do calls on it But we don't really trade options as much in the main chat board You know of course We have students that do and they'll look to discuss them at times But our main focus at least with day trading is on the equity side of things Mitch on YouTube asking about the LCID trade just join right now. Sorry if you went over it already No, no problem at all and Hey, it's at the highs. It's near that five percent, right? So, you know what I like this trade It's one that we are pretty familiar with inside the live trading room, you know We don't trade or call this out every single day But on and off that we know this stock does trade millions and millions of shares a day It's been within our praise within our price range for quite some time now. I Don't mind this. I don't mind this at all LCID Alright folks. I think that just about wraps it up for me here I got one last one and this is from my end. So a buzzer beater of sorts, but om er Breaking new high the day right now up over 8% trading just over a half million shares Which is not a lot and that is not a lot at all The thing about this trade that does peak my interest is the fact that it is approaching the highs from last week I think it was and the week before so just from the end of June into early July and let that peak there So that could be noteworthy, but right now I'm going to pass on the om er at least for right now All right, so for all of us in Facebook live YouTube Hey, just so you folks know Fausta will be back in his saddle come Thursday morning So you got me for one more full day, but it's been a pleasure And if you have any other questions you have send them over to my email address I know that we just conducted our traders talk workshop earlier this morning That's exclusive for all of us inside the live inside the live trading room So we will put that on the student portal the recording of that workshop That'll be on the student portal later on today If you were interested in joining our live trading room for the remainder of this week or next Just go right down to the link on the yellow banner below to get started But again any questions or comments thoughts or suggestions or feedback that you may have Send it over to Josh at c2 trading calm first if anything I'm more than happy to talk to you answer any questions and work with you on the side before joining our live trading room Alrighty so with that Jeff Wendy Kurt Jim Robert John Lita I look forward to talking to you folks coming up at 3 30 I will be back on the mic later on this afternoon You got me till the market close, but I know that a rich will be on the mic coming up right at 3 p.m. All right folks I'll talk to you all then take care a Cyber group member today Just click the link below and receive all these amazing products and a world of knowledge