 All right, separate traders welcome on back here this afternoon. We got here Wednesday, March 1st Shortly after to 30 p.m. Eastern time and a big a big birthday shout-out to my friends Honestly one of my close friends here Andrea one of our longtime students nonetheless Happy birthday my friend actually a leap date technically February 29th for him But obviously March 1st top of the month. Happy birthday, Andrea. I hope you're enjoying it I'm gonna give you a quick ring later on today, and I look forward to catching up with you With that in mind though here taking us into the afternoon markets are dropping off and for Andrea's sake I know he loves taking a couple of good shorts So it could be a nice time to follow the market on the way down a couple of good short opportunities into the close and With that I mean hey neos on our screen to begin It was a stock that was coming off earnings this morning It was dropping off pretty nicely once the market opened but damn this thing got slow Man this ended up just kind of like chopping around nine taking its time there And then finally here and now at this point. It's starting to crawl a little bit lower towards the lows now so Yeah, I'll put this on our list, but I mean I've been saying this trust me if you think that I only follow Neo That's not the truth. I said this for so long now since probably like October last year But the cheaper Neo gets the slower becomes and the slower becomes it just becomes not really worth watching So for this afternoon in particular, hopefully it becomes a faster trade coming off the news event, but with that though Otherwise I'm not gonna be as inclined to follow it tomorrow likely. All right Otherwise though hey market dropping off again We have we could have a couple of good shorts going into the afternoon I know we had a couple of good runners though on the way up will go from top to bottom as always and See what we can muster up see what we can get here HP X I know if I was to had called this out earlier today at least while he was in the phase 3 stock course class We're gonna be continuing that class coming up at 305 p.m. Eastern later on this afternoon top of the hour there But you know each px right now. It's a pop and drop. So at this stage now, obviously, it's not looking too good Keep it moving RET a it looks like it's moving up a little bit there doesn't it? But I'm not gonna check the news My belief is that it could be a buyout and if that's the case then maybe it can give you a couple of bucks I reckon because it's more expensive, but There's definitely better efficiency to try and grab. All right, oh and CS from earlier this one I'd missed out on ended up having a sharp pop pretty short-lived pop But it was well worth the opportunity if you're able to follow it off the 230 level So 230 big buying level going into the market open and at that point once it finally Rebroke it ended up led ended up leading to a higher high, you know good for about 35 40 cents from there But ended up topping off a lot sooner than one would think you know normally around 10 30 10 15 perhaps You know reversal time hell this thing topped off at 945 So, you know, that's where you can leave some unrealized profit on not not on the table But lose some of that unrealized profit as it begins to pull back down on you But otherwise now obviously seem to be said here like the others not going to be as keen to follow it now Gga a pop and drop it's like the theme of today and that will lead us To see the idea from yesterday actually a pop and drop But you know ended up making a strong breakout above bigger resistance that we had off of 378 380 that was the opening print opening price from yesterday So from there it ended up leading to a phenomenal move up Ended up popping up towards five even topping off pretty much right there false breakout first test of the level Then pulled back, you know ended up building a nice head and shoulders earlier And then it ended up just failing to like break the neckline or make an effective break of the neckline Like right there. You have a beautiful head and shoulders and with the neckline kind of right there Well, if it were to be a real break, you'd want to see it make a strong reaction right out the gate right there It held it Now on those two especially the larger red candle right there That's a huge moment of concern because otherwise for as much as it's testing and needling that support There's a better opportunity for it to break lower Thankfully once it broke below there It didn't really fall too far from that level ended up slingshotting right back up actually and now at this point Looking a lot better on the way up as a trade here for the CD IO. So yeah, I'll put this on our list You got an IO and you got CD IO they're not related, but try and separate those two at least What happened here? That's why that makes sense I was wondering what why my time in sales is all I kind of a not showing any sort of prints there on the tape. There we go I was on a coaching call the student earlier going over the opening print there actually on CD IO from yesterday that 378 price. All right, we keep it moving though two good trades at least for right now one on the way up one on the way down Two on the way up one on the way down. Maybe you got MTC you're moving on up pretty well the order book though I'm not a fan of just very scarce liquidity on the bid any nasty shaker could be the end of the show on this one I know cheap stock breaking back over 150. I'll come back to it though at the end You write this down on the side list here for right now RRGB alright nice move up for this trade actually pretty nice run, but again little thin liquidity out there You do have a nice iceberg that acts as the next resistance off of 1120 for about 19 a little over 19,000 So, you know what actually like this one. I'll slip this on the main one here RRGB there we go Keep the good times rolling for right now, and I forgot my water bottle. So that is not too good But we'll see what else is out there right now CDTX I know a slow grind on the way up towards to I like the fact It's still hanging there near the highs. Just you want to see it make a sharper pop You know probably around that 315 330 time frame, right? So I don't mind adding this to our list, but Obviously been pretty flat during dead time right now. You know again, not much of a surprise. It's dead at that time But I know you just want to see make a sharper run there at some point over the next hour hour and 15 BGS not much happening there I'm BLB X. This looks nasty. I don't want to be a part of that. What whatsoever Keep it going tops probably not going to find a whole lot on the gainer side mark it down You know negative to begin with and then trending down lower right now So, you know, I got to do my job got to go across the gainer side here first SRP T later and and hey Andrea, I mean you were here too then you remember SRP T This is like a pharma or therapeutic stock and I we haven't traded this in so long because they exploded in price over the years I got to go back to a monthly chart. It's that long. Yeah back in 2014 2015 This was a 15 $20 stock ended up running up 10 X from there So big move on this trade over time, but obviously for that reason we haven't followed it since it fell way far out of Our price range Interesting it's up today, but obviously we're not going to detrate it Alright, we keep it going though ISCE. Hey the stock we are pretty familiar with and it hasn't fallen out of our price range Just yet right now it's dropping off So I'm not too much of a fan of that but had a good day today at least I didn't really even realize that until now Well, let me correct myself. I realized that earlier, but I didn't really trade it and I lost track of it The order book is a little bit more filled in now than it was from earlier. So that I actually appreciate I'll put this on our side list, you know, probably for tomorrow. I don't think it's gonna be a good idea You know put this on our main list right now for this afternoon. All right, what else we got right now. What else we got? Triple D a nice little pop after the open, but not much materialized after Ooh bed bath beyond with the sneaky move up. I mean after two o'clock. I didn't notice that really You know, we didn't really call this out to be honest, but yeah, maybe it reached it I just came back to my desk before we started and with that I didn't notice this So yeah good pop about time because this thing has been on the gainer side The last like couple of days lingering around there and it's done nothing. So I don't know if AMC is moving right now It's not game stop neither All right, so I'll tell you I mean hey Bobby GA bed bath beyond I'll put this on our main list for right now Nice safe level one stock for the meantime I know you want to see it build support here coming up off of like the VWAP even you can say even dipping a bit Lower from where it's at now I know pulling back maybe towards 153 152 if it holds here and makes the trade a lot easier doesn't it? So I know if it could hold here perfect and if it could run back up towards resistance perhaps off the high there 165 166 all right. What else we got here? Otherwise the FSLR I haven't seen this one in a while either for the same reason as SRP T Falling out of our price range there. All right So let me see what is here is on the loser side coming up right now doing good without the water But we're gonna struggle at some point. So I appreciate your patience with me there But let's see what we have here on the loser side for right now PSHG down big I saw this early in the morning. Maybe it could have been a dead cat bounce, but You want to hold your breath waiting for that one And you can say the same on CJ JD We did trade the stock back in the end of last year and then midway of January or the beginning of this month Or the beginning of last month in February even so with that I mean, we haven't really followed it since but geez this thing took a huge hit. I don't know what happens I don't really care check. I Can't short it. So what else we got though that we can short FIGS this looks like a nice trade on the way down You know slow and steady easy to borrow my platform double check if you're not on trade stations to see if it's easy to borrow on yours But you know, hey, I don't mind it. Let's try my marker cap. There we go I don't really see much of a support showing on the bid It looks like big iceberg on the ask though as it's approaching approaching the lows again So that's a very good sign for a short so long as that doesn't get broken through and then it makes higher lows from there So that could be sign of a retracement, but looking good on the way down for right now Got MQ also another nice steady downtrends here. I You know, hey, if we have a bunch of those I'm not gonna be like jumpy to put every singular one on there. So FIGS for right now looking good. I am a fan of Riviana's a short so that I'm definitely gonna put on our main list You know, this has been dropping off since the open one of our students Brian killed it on this trade earlier and Honestly a huge oversight by myself. I really should have been more focused on this trade and and I'll tell you what here's here's where I can Give you a little lesson for right now for all of us in social, you know in terms of just like ignorance really quickly your CDIO Rivian this morning, there's my line, but you could even see the big fat orange and red right there Last time I traded Rivian and it was coming off news. It was like maybe a month or two ago It didn't have this type of liquidity So, you know, it was actually pretty thin and just it was a tougher trade that day And I thought it was gonna be an easier one So, you know for that reason I saw it on the loser side this morning and I said, I have a held it Yeah, I got other stocks. I didn't even check book map I didn't even check the liquidity and if I saw these icebergs out there Well, I would have been a lot more buckled in on what was to come a big short shortly after the market opened Up for Rivian beautiful drop after it rebroke under so from that stage led to a lower low and I Almost near all-time lows now at this point 1528 there you can see from from the beginning of this year all-time low right here So look to see if it can you know if not approach there coming up then perhaps break it later on PRCH it's actually dropping off, but not gonna really follow it Space again, it's at the lows a little slow though of a trade itself You know, if you want to put it on your side list you could do so NVZ same thing you got Tupperware lady. There we go All right, I don't really see much else here that looks too great You know folks if there's anything moving with the market that could be a good short type it in the chat We're now let me know for all of a sudden social for all of us inside live trading room From Reza one of my one of our trial members here joining us so asking briefly. How do you make your short list? Your watch list of your tickers basically So that's basically just right now where we're going across the percent gainers and losers lists You know, we teach our students throughout the phase one stock course how to follow tradeable not tradeable stocks What to look for in the morning versus the afternoon what to look for even in the pre-market So as a trial member if you're just joining us today, at least we conducted our weekly workshop traders talk yesterday The recording of that is on the student dashboard For Reza or anyone here otherwise if you haven't called her office yet and gotten in touch with your education advisor That's the number right there inside the live trading room to our office. Please just give them a call It's harmless. They'll be able to just show you around on the website Just where to access the class recordings and everything the workshop recordings rather not the full class recordings that is but You know what I mean But yeah, I mean hey nice move here so far and CD IO Michael saying nvax down big it is if you can get the shares to short it then give it a shot But otherwise like I just think that there's better shorts than this Rivian FIGS Even the others I didn't put on the main list at least they're at the actual lows. I mean this is getting there All right, I mean hey at the end of the day We got a bunch on our list already But one is all we need and the CD IO has been running up really well for us so far So hopefully continues we see a lot more out of this year heading into the afternoon All right I want to make sure that all of our students are prepped up and have enough time to join Faustos phase 3 class again For any of her gold platinum or diamond students here of CTU you folks have access to that If you're looking to learn more about our education again talk to your education advisor about that But otherwise for all of us in social media Facebook live linked in Twitter YouTube Gee folks each and every day each and every afternoon no webcam right now obviously, but I'll be back on probably tomorrow But you know let me know if there's any other questions Do you have feel free to shoot me a quick email Josh at CTU trading comm and then otherwise Hey, if you're interested in continuing the audio commentary. Oh, you're gonna deal with a fresh mouth at least I'm gonna get some water coming up But rich will be on the mic from three to four then from there if you wanted to join for tomorrow or even next week Just go right down to the link on the green banner below the stream right there to get yourself set up to get yourself started And then otherwise for John lead at Elizabeth Reza Grant Michael and all this hey folks enjoy the rest of the day today I'll be in the chat board up until 330 at least and with that once more my man, Andrea. Happy birthday friend I'll talk to you soon. Take care