 All right, separate traders welcome on back here this Monday September 26th shortly after 2 30 p.m. Eastern time great to see Warren and Andrea and Carol and all this inside the live trading room Jim included Voila, there we go and great to see all this back on social media Facebook live and YouTube folks We have to be relatively quick with our time here. We have the phase two stock course concluding later on this afternoon at 305 Eastern time We're gonna cap off this month's phase two classes by talking about studying and planning ahead Not journaling. We know how to journal at this point We know why we need to journal but how we could best study the trades that we've taken Whether we've journaled them or perhaps trades that we didn't even take stocks that we didn't even look at how could we best Understand after the fact as to why or how a stock made a move or the move that it made So we're gonna look to talk all about studying principles and planning ahead over time Just coming up later on this afternoon in the phase two class But great to see Andre and Steve as well joining us folks Let's go right to it. So right now the markets I was hopeful to see a bounce at some point across the the late morning early afternoon I was hopefully get it right off of like 366 ish and then ended up just snapping right back down beautiful downtrend You know, hey, there's been a couple of good shorts, but man It's been some good longs out there, right? TCRT being one of them, you know stocks up nearly 27% right now, but it's right near the highs I haven't gotten my hands on this trade at all today Maybe perhaps across the afternoon we will or no Otherwise, we'll just study this trade at least seeing why it made the move that it made in class But right now if you're not joining me in class if you're trading across the afternoon into the clothes This still looks really strong just simple to say but this is exactly where you would want to see a stock like TCRT right now But again, there's a couple of other stocks that look like this though I was gonna type it in but it's actually number three still at this point still holding strong the MLCO Chinese based entertainment casino gaming stock ended up coming out of the not the company But stock ended up making a nice move early in pre-market off of news that China would be easing Macau would be easing their cove in 19 travel restrictions And with that led to a big pop right away after the market opened up I did not jump in on this trade myself right away after the open I was focused on a couple of other stocks a couple stocks will talk about briefly in a bit But hey lead to the party, but still able to grab a good good piece of the pie ended up seeing this make a nice squeeze back up 667 I ended up jumping in from from the mid morning right before class ended up pushing up higher from there Well, look what happened just a moment ago And that's what we'll talk about leader on this afternoon in class So that's all I'll say about this trade from this point forward if you want to hear more about this stock Join me in the fees to stock course class at three o'clock Eastern today But for right now. Hey, we're gonna put this on our watch list for the afternoon Really nice trade right now right off that blue line at 667 pretty simple trade actually So add that to our list This LVTX is just a damn tease this may look to make the big break over five and the VWAP set at 497 here But it just looks otherwise pretty flat It's traded a lot of volume today at least compared to what it's done on a day-to-day prior I don't know what the short float looks like or the float looks like all together But I mean when a stock like this is trading like Less than 10,000 shares pretty much every day of the week, which is extremely poor. It's trading like 3,600 times the amount of volume it's trading on a normal basis This stock is more exhausted right now than anything last thing I would want to have anyone do is jump into this trade off The next test of five only have this thing get halting on the way down So I'm not fully sold on the stock yet LVTX, you know, it was a nice trade from pre-market Had a couple of bounces to it earlier right off that 450, but I haven't partaken in this stock since the morning So, you know right up pretty nicely here, but otherwise We'll see what else is out there. We'll see if this can make a better move by the end of this meeting How about that? All right, TCRT on our list and I'll see you on our list. Let's go really quickly now across the gainer side here Try and be quick HLGN It's like inching up a little bit, but like a little too slow for our liking here really SHPH ended up having a nice pop from you know early this morning after the open little pop heading into the early afternoon This stock we're really familiar with because we saw this thing as a new IPO like scream all the way up to like 120 then scream all the way back down as it came back down sub 10 So, you know, it's trading actually decent volume per minute right now Spreads aren't terrible either actually that's like the first I'm realizing that because this stock has been on like a 10 20 cent spread You know the last couple of weeks off its IPO. So You know the chart looks a little rugged a little choppy. I'll write this down for right now though I'll come back to set the ends I'm an equal opportunity trader folks if I saw this thing on a 20 cent spread a week and a half ago And I hated it then that doesn't necessarily mean I'm gonna hate it now if the spreads are better on this Then maybe we'll give it a shot, but this is just on a rugged move here across the day So that's not necessarily what I like to say All right beat stock has been teasing us the last week or so here ended up having a big pop this morning You know, whatever day this was like the 16th 15th ended up leading to a nice slow move across the afternoon from from what I recall It's actually right off those highs currently, you know right now It looks like it slowed down a little bit, but it's still near the highs So for right now, I don't mind at least putting this on our list kind of near the bottom probably by the end of it All, you know looks a little weak here But we'll look to see if we can make the move back up towards the iceberg order about 14,000 shares right around there off of a 250 So beat and the PLSE trade PLSE was a nice move from before But when the wheels fell off on this thing a shore fell off So I ended up, you know the volume dying off is what I refer to there I ended up having a false breakout right off of 210 came right back down That's not a good sign to begin with so with seeing it where it's at right now The run is done. Definitely for this PLSE Ppsi Stock nice little chart here moving up pretty steadily across the afternoon so far You know, it's off the highs I wish it was treating more volume per minute, but and I wish the order book was a little bit more liquid to on the bid But chart looks good. I'll put this on our watch list as well. It's above the beat trade if we're trying to rank these ATTX From early this morning, but after that she's nasty shake like this You normally write it off so it ended up going lower and then came back up pretty nicely, but This was a nasty drop here. I wasn't a part of that thankfully so Move on from this trade. This thing's been all over the map the last like week and a half two weeks as well You know, maybe keep it in mind as a sideless stock tomorrow morning If there is like really good direction to it if but otherwise I'd pass Las Vegas Sands LVS we had this kind of you know towards the bottom end of our watch list here heading into the open made a Little move nice little move early this morning spreads got a lot better at least thank God You know, but right now there's just flat flat right there. So past there Probably seem to be set on win. I'd assume. Yeah, very similar move All these gaming casino stocks are probably looking the same there So if they're not really trending up that well at this point probably gonna, you know, write them off Savva where's Chuck for this one Savva took a little while to get the gears going on it Honestly, I mean moved up a little bit early in the morning But had a much better pop heading into the early to mid-afternoon once it broke hide the day roughly off that 44 level beautiful run right from 44 basically up towards 47 15 above but You know, I'd be remiss to not put this on our list, right? I mean, it's still looking relatively strong kind of similar to the beat trade in the sense You know, yeah, it's a lower high, but it's still relatively close towards that peak off 47 67 I wish I was trading a little more volume per minute this time But I'll kind of put that towards the bottom of our list right now List is always subject to change folks keep that in mind Especially during this meeting if we have like a lot more stocks that look a lot better Then I'll probably bump a couple towards the bottom off. I mean, hey, look at Lee Look at Eli, right and look at XP EV right XP EV was the stock we were following from earlier this morning there's our 1445 the opening bell print from this morning for the week and you know led to a nice little move even before that off 1420 ish essentially I Could put XP EV and Lee on our main list I like these are more than you know a couple of these out on the bottom already So that's where I say if I have like a big watch list by the end of this all I'll scratch off the sabba and the beat trade if need be MLCO making a bit of a shake back down right now. So just be careful there. I meant to click on another stock here check CH GG Scanners refresh there So hey probably not gonna expect to see a whole lot more on the way up with the market steadily dropping here heading into the afternoon That 364 levels being tested again I wrote before off the last leg up here just at 2 o'clock it needed to run off that 364 the fact it's there now Honestly, that doesn't look too good. So, you know, I'm sure we're gonna find more in the loser side right now Let me just jump to UV XY while I'm at it Right we have this on our watch list for the open dropped off at first But let's a nice bounce right around that reversal time 10 15 10 30, you know at the highs So in anticipation of the market potentially dropping lower you want to follow this at least for right now the UV XY ETF While mad at look at cold cold dropped off quite a bit after the open had a little bounce first But then went pretty much lopsided there drop back down to 16 So right now we're not gonna follow cold as much not showing us good direction. They're going up All right, let's hop over to the loser side here folks Let's see what's on that side of the field and then we'll close out from there A bunch of stuff. That's hard to borrow. That's like either trading crap volume like ATXI PRST or no Otherwise, it's hard to borrow. You can't short it First one I'll jump to is ACMR I'll tell you I mean as far as like a direction and stock at the low of the day and a stock that doesn't have a terrible spread That would fit the fit the bill fit the shoe, but it's like a little spotty chart there right now Obviously the more volume it's trading and the better So not fully sold on this just yet seeing like a really big drop off into the afternoon See what else we got got a lot more. That's down that proverbial 5% or more that I look for so Let's say a Jnog ETF IVR not trading as you know much more volume than the other one Hey, all right, I'll rip through our side list here perhaps folks Maybe not you know a lot of stocks down that 5% that we normally look for but you know Maybe a couple stocks off the lows that we could cherry-pick You know you're not doing much pass on that AMC if you can get the shares to short AMC This looks like a really good trade for you You know, I'll put this on our watch list for those that can I know it's hard to borrow my platform I haven't been able to shares to short AMC in a little while, but it's above $5 still So maybe it's shortable for some folks on other platforms Right off of seven a whole number level great direction on the way down right now Spy just broke below 364 pretty quickly. So, you know, hey, if there's some good shorts here at this point Let me know looking through some airlines like a al cruise lines like NCLH Neither looking that you know great Nothing really looking too good or fast or you know volume based as a short UAL slumping off a little bit $31 stock. I don't find it as worth it and Vax from Mark and Vax has been really weak the last like week and a half two weeks, right? I mean for God knows how long it's been weak, but You know, it's off the lows It's not trading a whole lot of volume per minute right now mark. That's the thing on it I hope it breaks down if you're not joining me in class and if you're looking to follow a few trades I hope this works out is a great short. It's trade a bowl Don't get me wrong there, but you know want something trading even more volume per minute than that So got to be picky and choosy this time of the day folks Mitch asking about PPSI if you haven't already went over at the PPSI trade which we did cover a moment ago That is pushing back up pretty nicely again. So that's already on our watch list for right now Goes to show again with the market slumping back down. I mean not everything is dropping off. Is it? so So it's gonna be a couple of opportunities out there that we'll need to really fish through pretty intently but That's what myself and rich and foul store for inside the live trading room I Want to see what G Sun looks like I mean back from Friday afternoon This thing only dropped off a lot more after the open into the late morning. It's just flat now You don't want to be stuck holding on to a trade like that at this point All right folks, I think that made just about wrap things up for me here. I don't see much else on my Benzinga Pro screen I'm just briefly looking at seeing if there's anything else that's dropping off at the market That's like really good short. So for right now. I like what we got Let me just jump back to the two. I kind of put on the side list for right now that LVT LVTX You know, it's a setup, but I'd be really reluctant here at first because I feel like a false breakouts coming I'm sure rich will call it out if it does make that break over five at least we'll see where it goes from that point SHPH at least I Mean it dropped off a little bit spread starting to open up a little bit more right now So, you know for that reason I'm gonna write it off. You know if it pushes back up maybe but for right now We'll leave off without it Alright folks for all of some Facebook live in YouTube I appreciate you folks sticking with me each and every day throughout the whole day today I believe Fausto should be back tomorrow morning for you folks If you have any questions feel more than free to send it over through email I always like to post my email here at the end of these streams. Josh at ctutrading.com And refill up on water before I start class coming up at 305 Eastern time If you're interested in joining our live trading room that is for all of a sudden social media Just go right down to the link on the yellow banner below right there to sign up But for later mark Andre Steve Warren Andrea Jim and Kevin and all of us live inside the trading room I look forward to talking to you folks coming up later on in class James says red solo cup working from home today I mean, I think I permanently work from home. So I got a I got a word. I got a red solo cup here It's water though. It's water I'll talk to you soon folks. Take care Come a cyber group member today Just click the link below and receive all these amazing products and a world of knowledge for just nine dollars Do it