 There we go. So now we're good across social media Facebook live YouTube got to press go live just for the first 30 seconds there So here we are folks this Friday, October 14th. Welcome on back here for our afternoon meeting with that Hey, you're just saying a moment ago. The market seems pretty exhausted now at this point after such a big run-up yesterday Well, we ended up getting a pullback today not too surprising But what I'm looking for after that pullback, especially around that 1030 time is To see a reversal a bounce back up to see higher lows a squeeze back up and just never got it It ended up just continuing to drop off throughout the course the late morning into the afternoon now IMRA has been teasing this pop and break out really all day It's actually still holding right over its opening bell print that being off of 352 I think so, you know, I'll come back to this one at least here by the end IMRA it was one on our pre-market watch list It was looking pretty strong prior to 8 o'clock ended up popping even higher after But then hey after the market opened had one bounce to it, but that was like kind of it It's been teasing us since like I'd said, it's just kind of holding right above its opening bell print price right off of 352 for right now I kind of straddling around it here So maybe I'll come back to this trend just at the tail end of our meeting But let me actually bring up the spy chart right now because we're talking about the drop-off from earlier today and I'll tell you I am looking for a bounce Now now it's easy just to hear that from any 1.0 just looking for a bounce right now But when you look at it, I mean we were talking about this yesterday about you know at 9 o'clock in the morning yesterday We had called the retracement up what we didn't expect was to see a full-blown Recovery and then some so in terms of trying to chart the the the spy or at least an index heading into the next day This allowed me at least a really good opportunity to just run run the fiber tracements back again just going from low to high here and From earlier today, this is a five-minute chart But you could see from earlier today it tried to like bounce off there quick came back down and squeezed up I thought that could have been a point where we could have seen a subtle bounce But on the next test of that price area ended up just completely breaking under it So when a stock or when an ETF on anything any ticker asset looks to break through big support like that Support initially becomes resistance ended up holding under this perfectly Well, it was holding above the 38.6 retracement next and over time it broke below there I was looking for the bounce right from this point just got faked out It pushed above it but came right back down and that's a huge red flag right away So you don't want to be stuck holding on at that point So at that very stage you're expecting the next test of support. So just a moment ago. We basically ended up getting it I tossed up this fiber tracement set pretty quickly So I probably have like slightly different price levels on my other chart here But it's basically there right off of 357 85. That was the price. I was typing inside our live trading room earlier So for right now, it's still holding above that fib support So this could still be in play to see a bounce taking us into the close. All right But I wanted to at least go over that here for right now. Perhaps we'll come back to the spy at the tail end of the meeting Let's go from top to bottom right now Otherwise have a couple of callouts on nerve and then Apple I know Chuck will be a fan of seeing that later. Let me just go from top to bottom here first I see nerve though kind of like right there We'll run into it a gf y now this ended up making a really nice pop from the market open here I mean it was really active upon pre-market trading But you know going into the open obviously ended up making a much bigger and better move I didn't really feel as inclined to put this on our main watch list It was you know kind of flat after this last pop So I wasn't expecting it, but we ended up getting it and thankfully we called it out from that point pretty early on so Ended up taking mostly full advantage of this run from like one all the way up 50 cents So for as much as this moves up and up you got to expect for it to pull back But it's not a matter of when it's a matter of where so not only from this run But from the last however many trading days this week I guess this thing has been on a massive tear well off of common iceberg price levels like 50 cent levels and whole numbers 150 for the first time it tests that resistance after running up God knows how much percent You know it's gonna be more likely for it to false break So it ended up just false breaking right from that point held it perfect since You could still say it's making higher lows. Don't get me wrong. Maybe I'll come back to this one at the tail ends This on our side list as well with the IMRA But we'll probably try and find some stocks that are moving with the market at this point Should we get that bounce or if the spy ends up breaking below that next fibs support roughly from under one Roughly from under 357 Perhaps we could see some better shorts taking us into the close. We shall see I'm looking for that bounce first though I am already we talked about ATXI another big mover now. We talked about this from pre-market heading into the market open here folks. Hey There we go ATXI I don't know that was ATXI was on our morning watch list ended up making a nice pop shortly after the open broke out from major Resistance off of 375 But from that point really I mean it moved above for a similar deal with this as we said on a GF Y where for as Much as it runs up. Where could you find resistance off a whole number off a 50 cent level? So unfortunately, although it broke from this consolidation here didn't last long moved up like 25 30 cents But nasty ugly shake right back under that level and from there it was a wrap All right, we'll keep it going NTNX. I wasn't as interested in this trade really at first I mean it was like I think if anything on the back end of our morning watch list Yeah SHPH this one's actually had a little bit more liquidity on it the last like week I guess, you know just from mid to late September This made such a crazy pop and drop type of move that you know The order of book was really thin early on but now you could see it's on a penny spread order book checks out pretty nicely So this is trending up pretty nicely on the intraday to on the web towards whole number resistance at four All right, we got one here SHPH We're gonna put this on our main main list All right pixie I think we talked about briefly here if anything like got halted a couple of times going up and then just ugly shake back down Not a hot not a whole lot more to it than that All right nerve This is looking really good not just on the intraday, but I know chuck has been in on this as a swing So this has been pushing back up pretty nicely even getting really close to the highs that we had back from late august So that's how we're familiar with this stock nerve topped off here back on the 29th at 14 42 And then final trading day of the month. So really the high of the month Thought this could have been september 1st, but uh 15 27 so You know, it's still relatively A distance from that price, but in terms of the highs here if anything It's just like right around that range now So yeah nerve we'll put on our main watch list here for the after the afternoon Just be really careful. Obviously you could tell by the order book I'm not a fan of the big spread like contrary to the shph pretty much. All right, we keep it going hollow Interesting nice little move up here on the intraday Order book is kind of thin But I guess better than the other one better than nerve right if I put nerve on our list It's hard to ignore hollow here trading 1.6 million shares total on the afternoon so far or on the day It's only up 18 percent. I say only because you know, I don't want to get spoiled with it But you know, we see these 100 percent moves 50 percent moves all the time I mean, this is only up 18 percent So perhaps there could be more to come on this trade hollow. I'll put this on our on our list as well Lace from this morning this ended up making a nice pop early in pre-market unfortunately Just was like a chop fest after it was breaking above the opening print roughly off that five level I think 502 at the time and just had a really tough time trying to make that big run-up higher that you wanted to see I ended up wasting a 15 20 cent profit here. I wouldn't break even thankfully I'm not going to lose a dime on the trade here if I'm going to waste profits if anything But you know really nice entry just never got that higher high If it's not going to break any higher and make that big move higher that you were expecting No, I thought this had the chance to go up towards like a 540 535 pre-market levels again Just never did so ended up going complete break even better that than down 30 35 cents This thing fell back down pretty nastily. It's like one of those losses at least it's like Thank god. I'm not on the wrong side of that ticket and ended up dropping right back down and Yeah, for right now. I mean, I feel like this will be like the peggy trade This will be like the fngr trade perhaps otherwise You know stocks that make these big moves up. They're gonna pull back and really begin to drop off lower All right, the spy is beginning to break lower right now We'll see if it is a true break of support or if it ends up just kind of consolidating around that line Not expecting perfection out of levels folks, but as long as we generally see support begin to hold across the afternoon We'll see what comes of that. Of course ETFs like uv x y s q q q are at the highs in that case So uv x y will put on our main list here in case of the markets plummet more than No, this could be a nice trade to follow on the way up All right, so with that now we're probably gonna find a lot more on the loser's side Um, probably comparative to this morning. I'm gonna jump right ahead to uh peloton Just right away. I see it number nine on the loser's list shortable It's brand name stock that I feel like any one of us knows so, you know peloton coming right back down We ended up seeing news of them like Doing more layoffs Actually a bunch of volume just got filled here right now We'll do a little tape reading in a moment But just want to show you the weekly chart here for peloton getting back pretty close to the all-time lows again I was back from just last week 60 Not the nicest number there 666, but nonetheless peloton We are gonna put on our list here as a short But with that though a bunch of volume just got filled here Let me take a look at that from like what like a few seconds ago if anything I saw it a moment ago. I got you right here So a bunch of volume filled on the bid right off 740 738 737 but Right there 736 that is your new level to watch your new support a 61 000 share print just got filled real time folks live You never know what you catch during these meetings, but At a 61 k print and just given the size of the spike comparative to what we've seen across the day I'd like to say that's big money, right? You got to follow the big money So at the market dropping off perhaps building support here still we'll see Soxl, you know, we followed it yesterday into the afternoon Or into the morning, I think even yesterday But nonetheless dropping back down as the market's pulled back. So amd navidia all dropped off today You know, you can keep amd on your side list navidia too if you tend to follow the more expensive ones Nothing extremely special about it just aside from the sector being down big It's you know a volatile sector. So, you know, if you do well any stocks day to day, you know exactly who you are, right? mos You know, we don't really trade the stock too frequent. I don't know if news came out on it or not But dropped off quite a bit. You know, it's still making lower highs a bit broken new low earlier Let's double check benzinga here for news on mos mosaic This might just be an overall move with the market It says that just shares of several companies in the broader material sector trading lower blah blah blah So that's all we have there. I mean, hey, I mean right now it looks tradable for me. I'll put this on our list here, too I don't want to build up too big of a list here. That's why we got a cherry pick At least the ones that are shortable that could drop with the market in case I'm wrong And the markets don't bounce from roughly around that 357 ish area or 357 85 ish area But um That's all I got here on the loser side though, folks There's definitely a lot more that's down percentage wise. So if there's anything that looks good from your screen type it in the chat board Let me know Nerve we have on our that's on our side list. Let's jump back to nerve here for right now Um, you know, it's still looking really strong Oh, actually, no, that's on our main list. I I gotta rewrite a few things here on my notepad There we go All right, so we got shph. We got nerve. We got the hollow trade Peloton and mosaic both of those from the loser side, but that's five in total folks That's not a bad list either way if there's anything else that you'd want to see. Let me know oh and uvxy and then also The agf y I had on our side list here so to go back to this one for right now I reckon You know, I wouldn't expect this clean of a push up It seems like it's right at resistance just looking at the weekly chart, you know past support levels right around here So, you know that naturally should be resistance It moved up so much the last, you know, five trading days in a row pretty much at this point four trading days in a row You know if it pops, hey We'll follow it if it pops, but I'm not going to hold my breath waiting for that here All right, Carol says apple is down pulls the markets with it. I mean, it's just overall market move, right? So the markets are dragging apple down if anything, right chip sector is down big So, you know, like we just talked about nvidia amd intel etc Mara I was looking for a bounce a little bit earlier right off of 10 35 10 36 I was looking for a bounce earlier from 10 88 ended up taking a seven cent loss I started it off as a day trade. So once I realized the market wasn't going to look to make the bounce yet It's like, all right, just cut ties with it But um, you know, I'm looking for a bounce coming up here on mara if it can get back above 10 35 10 36 That is so that's one on my personal side list But otherwise, you know, we'll check in with the spy one last time here before we wrap up If I don't change just the chart my whole platform kind of freezes up here So you could see it's still been holding pretty well Broke a new low about five minutes ago But like I said, it ended up actually bouncing pretty nicely at least for right now So generally if it could begin to build the higher lows from this stage again Then I feel like we can get some good short covering or at least a nice little squeeze up higher into the afternoon So we'll watch this price area right off the lows for right now And that's based off the fib retracement we had set from yesterday For anyone joining us just right now. I I did this to start the meeting So from bottom to top at least from yesterday's low to high It's right off the 50 percent So it is a nice support level to keep your eyes on at least across the afternoon No, we were following that inside our live trading room all across the leap morning the early afternoon here so For all of a sudden social media if you wanted to join us inside our live trading room continue our audio commentary Whether it be for today or for next week feel more than free to go right down to the link on the yellow Banner below the stream right there to get yourself started But for any one of us any one of us otherwise if you have any questions feel more than free to send it over a quick email I always like to post my email here at the end of the streams to josh at c2trading.com But otherwise for later jeff carroll and um jeff and we've got two jeffs there Two jeffs later carroll and all of us otherwise our man, etc I know that rich will be in the trading room with you folks just on the mic So he'll be back on right at 3 p.m. Talk to you folks soon Today you are invited into the world of pharma 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 today