 All right, cyber traders welcome on back here this Thursday July 8th shortly after 2 30 p.m. Eastern time welcome on back Of course as always for our afternoon meeting Let's get a quick official sound check for all of us live inside the cyber group room and for all of us on social Media great to see you all great to see the Lori Michael Ron William Norman Gene Kathy all of our students all of our trial members alike live inside cyber group great to see you all and like I'd said before for all of us joining on social media Facebook live and YouTube welcome on back so For all of our C2 gold platinum diamond students, I know Fausto, you know alluded to this earlier in the morning We have actually a phase 3 course later on today Fausta is doing a makeup a rain check type of class from last week He ran into a huge issue with his broker mid-class. It was like a huge waste of your time and his time of life So he told you he was gonna make it up and with that We have the phase 3 course later on today live trading with Fausto going into the market close Long story short. I gotta go right from the top here folks We're gonna make this meeting relatively quick. I know the Fausta is prepping up right now While I can I guess I'll shed a little light on this car of trade top percent gainer I know Fausto talked about it in his webinar earlier today Just is a introductory today trading webinar that he does every week But you know, this was the main you know stock that we were talking about there this and then the you won stock you Oh any so really quickly just to go over the difference between the two Actually, well you want I'm sure that we'll get to just as we go from top to bottom Carve right now. It's so choppy the order book is so thinly spread out between all of the or maybe lack there of Orders on the bid and ask, you know, the spreads anywhere between 20 cents to 80 cents Really just check let's check level 2 level 3 just seeing the difference between the top order on the bid the lowest order on the Ask for as much as it popped up earlier It's not gonna be a shock to see this dump right back down Look what happened last year practically at this time back in June of last year This is a weekly chart I'm showing so, you know Just food for thought in the week in which this broke out and ran up from like four upwards to like 25 Dumped all the way back down the following week and weeks later and so forth, right? Same to be said on you on you all any ended up making this huge pop roughly around the same time here going into June Ended up popping then dumping back down Kind of a shocker today to myself and for anyone and anyone of us that were there last year at this time when we traded them They have pretty good correlation Carve and you won like over the year that they have had good correlation I mean even outside of this pot that we caught back in June of 2020 We were trading the stock, you know more off than on but you know going back into the beginning of this year off a short Tiny or squeeze. I mean history repeated itself between you one here and then carve But interestingly enough today you won't really isn't making that push It hasn't at least since the early morning whereas car has been much stronger to its highs I know that carve is breaking all-time highs today So, you know, there was no historical ceiling to work off of once this really broke above the peak that we had back from last year around 23 22 bucks roughly here. So once it popped that it actually held it as support and then moved up a little bit higher I don't know. It's just so choppy the carve trade and the you want trade doesn't really show much signs of life at this point You know, I guess if carves still hanging around by the end of this meeting maybe I'll jump back to you one see if that ends up making some sharper move up, but I'm not gonna think that's really gonna be the case until I see it So we'll see what else we got I got a bunch of funky symbols at the top of the gainers list What I mean by that are really tickers that we've never really traded before inside our trading room So, you know again GG PW whatever or GG PI actually this is the war on some losing track my sight there GG PI the equity the ticker itself I guess it's popped at the open new IPO or not even at the open rather more so at 130 eastern time But yeah, I guess a new IPO unless it's really trading a ton of volume and making a really convincing move. I'm not really You know gonna put it on our watch list really All right, and I'll tell you there's a bunch of other, you know Symbols that we really don't trade too often if at all So like for example NVF why I saw this get called out a couple of times. It doesn't really look like it's doing much Cone this is another stock similar to you one and carve. I mean you can see from the pop back Oh, oops See from the pop back last year in June. This was another stock affiliated with a carve and you won I think BYFC to If I don't know it's not sector so to say but all of these companies are Affiliated with black business operations. I believe so back last year You know when you know a lot of the the bad stuff around our world was going on these stocks were actually being pumped up So that's how you get to know them at least, you know, this stock We never really traded before before last year seemed to seem to be said with carve and you one So they got to prove themselves out to us before we just put them on our watch list before we start calling it out You know constantly that's why out of all of these I was like so shocked that you won didn't make the big pop and move That carve ended up making because we actually became pretty familiar with you one I was pretty hyped up for it. We did all right on it You got to say but man the volume died off pretty quick on this one at least today I'll get a load of this space pushing up really nicely actually to my surprise and really follow this stock at all today It's a stock we do follow quite frequently if not every day then at least week to week I mean, you know, you know, there's some of us live inside cyber group here that watch it every day And if you were watching this right out the gate as the market opened up, then you were a big winner on this stock Let's just take a look. I don't know what the news is on this stock if any I Got no news on this stock no headline I see maybe unusual options activity option alert from Benzinga probe. That's it I don't know don't really need news to trade this stock at least right now for the afternoon with it And you're at the highs right now definitely gonna put it on our watch list, you know Obviously more expensive. So for any one of us that doesn't really trade a stock as expensive as space Just honestly, you don't let it be a distraction to you. That's all And if you want to try and trade this stock, it's more of a level four to five stock I'd say probably lean more towards for given it's still relatively liquid But you know, it's just for me to say I would trade this on a much smaller share size either way You know, I'm speaking for myself here I'd probably trade this 500 shares max if I do trade this stock I might take a position 250 shares and then maybe average down if it ends up dropping on me and then to go to 500 So, you know, that's just a quick way of like managing your trade based on position size We talk all about that throughout the phase two curriculum and phase three I don't know if house to himself would be talking about that for this afternoon's class But you know between phases two and three in our stock trading course We tend to go over risk management position sizing and all of that All right, LMFA need to talk about risk management on this one. Look at this thing Disaster, right? I mean even more now. I was actually more so talking about the run-up It was as choppy as you could ever imagine a stock to be and Actually for all these times where it actually was popping up dropping It's got halted probably about eight times throughout this whole afternoon. It's a mess Don't need to trade a stock like this. We're gonna pass on this for right now Come on, buddy. There we go my UT me trade my UT me trades the only stock I am actively in I hope I don't look like a jerk coming up and to have this shake back down quite violently on me I am currently in what's my price in? Right at 50 cool. I ended up averaging into the trade a couple of times So I knew I got filled on my last 250 share position that I have here. This is not 2,000 shares But nonetheless though and I keep tracking this stock as I go throughout the meeting here I'm not really a big fan of the stock based on the liquidity. I was based I was a fan of the stock based on the daily chart Let me show that to you. It's a weekly chart Hopefully this doesn't dump on me as I do this meeting But nonetheless this stock was an IPO back in April of last year started off at like 10 bucks 11 bucks Popped all the way up two days later up to I have like 107 and then as you can see the rest speaks Speaks for itself. So given the range on the daily chart I was pretty hopeful to see this stock really begin to you know Make a nice pump up today, and I did all right on it earlier I had a small little position for about 65 cents by small. I mean it was like 250 shares So, you know that the trade worked out well, but I wish I had more so you know for right now I'm gonna keep in this position that I'm actually in right now set my stop But we'll see where else or what else we got here going into this meeting I'm not really too convinced of like putting this on our list just because I'm in it this ends up snapping down any lower here I'm likely to get stopped out and if it ends up snapping lower and it stops me out pretty good chance It's gonna make for a huge drop-off after all right The ATHE trade not a whole lot really happening here It looks like it did pop up just before but dump back down and you know I guess maybe about 20 minutes ago. It looked interesting with it much closer to the highs But I think for the mean time will pass BYFC we kind of talked about this before here to not a whole lot going on right now You won unfortunately pulled back dumped back down a little bit there DB GI this was a decent trade from earlier today. It was actually one that popped Practically during Fausto's morning meeting If you heard a cell phone go off there just before you got a love telemarketers, huh? Had a nice spam call my cell phone there my apologies But DB GI ended up making a nice pop in pre-market. It looks like a bust It looks like it was a really bad trade after 9 30 It was a really great trade after 9 30 just a matter of following the right levels So we were anticipating on this stock pulling back and dropping of course what ended up bottoming out roughly around $6.30 625 so that ended up making for a pretty similar type of bounce play compared to what we had I think it was Yesterday on the XCLA stock This guy stopped out on my UTM E trade. All right, so either way DB GI was a nice pop from pre-market Ended up acting as a great trade after the open in terms of the bounce But for the meantime not a whole lot really going on for this afternoon All right XCLA man This thing is certainly proving itself to be a great stock for us to trade We only started following this just about a week ago a week or two ago So, you know what I said on carving you one and I mean hell that UTM E trade I just you know took a loss on this I said the same thing on it had to prove itself to us The thing about this trade that I like compared to the others I feel that we all can kind of see it here, you know, not not just that it's cheap But really good liquidity great spread filled an order book big 124,000 share order on the big currently at 345 was building a bit of a head and shoulders earlier throughout the afternoon or going into the afternoon and You know, I would expect for it to drop off from that from that pattern But ended up building a nice bottom and pushed back up So, you know what I'll put this back on our list in hopes of this making yet another run for us Just to see the stock go from 2 to you know, 390 in just over three days I know we've seen even bigger moves, you know in terms of the stocks You know intraday run like carve up 219 percent But you can't keep expecting the same type of pop the same succession day over day over day So I'm gonna put it on our list because I mean it's still pretty strong right now But if it ends up making a lower high ends up pulling back below 350 I would I would move on if that's gonna be the case if not then great We'll see if this can run up towards four, right? All right, so let's see what else we got express I know AMC took a hit today express another, you know reddit stock So to say this one ended up making a nice pop pushed up nicely from five up towards just about six five ninety two the HOD I don't know right now not a whole lot going on. I guess you could say it's still at support But topped off the highs came back down. I would expect this to drop off more than anything And with that, I think we hop over to the loser side here I don't really see much else on the gainers end the only symbol. I want to just look at I know it's not them, but pretty funny. You got a ticker named irs Might be after us here. I don't know what this company is or ticker. I can't even pronounce it But irs interesting, but yeah, we'll hop over to the loser's list here. See what we got see pop and e Gg the new egg trade from yesterday, you know leading the loser side both are shortable Or both are not shortable rather. I should move on from them Cufin nice drop at least after the market opened up bottom doubt roughly around 2380 Pushed up really well though and for the meantime, I mean it's down enough to still hope for continuation on this dead Cap balance it's pushing up pretty nicely here decent spread You know not the not not a cheap stock, but that's fine by my book You know I'm pushing up nicely up towards 26 out assume resistance from the chart also I Mean it's right there. It's tough to tell based on just one price level But you know 2575 seems to have been a bit of a top going into the mid-to-late morning So it's practically there now just be careful of a shake here in case it's a false break But otherwise maybe on the next leg up perhaps it can get closer to 26. All right, let's see what else we got This is a relatively new ticker IPO or at least Yeah, relatively new back from Not too new back from November. So still, you know, I guess kind of new IPO kind of not but breaking all-time lows It is shortable. Believe it or not on trade station at least I don't know. I mean it's tradable for sure good spread good liquidity down big and at all-time lows Just so choppy across the day So I'm almost more interested in seeing what this stock will do for tomorrow morning. I'll check it out early in pre-market But otherwise, I don't know I'll pass for today LULX We got an li stock that we do trade a lot All right, so I know a bunch of tech stocks got beat up today, you know with the Facebook Google Twitter lawsuit. I know I mean the market is a whole took a dump off going into the morning Today, so with that we saw a bit of a squeeze on the SMP the spy ETF here going into the late morning Roughly after 11 a.m. Eastern time did that pop, but you know a PLTR. This was down big leading into the open I had a good eye on this going into the market open today and ended up making a nice pop from 22 up towards 23 20 Check out a trade like neo that was on the watch list yesterday afternoon And you know dropped off more this morning ended up making a nice push back up to 46 So again, these are all stocks that you know are tradable. They're good sideless stocks wanted to check them out here just at the end We got Fausto's phase 3 class coming up folks So for all of us in social media at least that were interested in crypto and Bitcoin I you know Bitcoin dumped off a little bit going into the pre-market with the with the major indices Collectively there wasn't really anything out on Bitcoin So trust me bear with me But I will show the Bitcoin chart going into tomorrow as I always do heading into the weekend at least from there But still in that same range for the most part is Bitcoin We saw a ride a narrowing cannon drop off, you know in pre-market But again, not really a whole lot to really talk about on these trades very flat and in a channel All right from Patrick. He's asking or saying RSLS seems decent, but the spread is a bit big Yeah, I guess I either skipped over this or I didn't look at it And maybe it popped up as I was going from top to bottom. It's at the highs. Don't get me wrong It's cheap, you know, it couldn't you know, I'll put it on our list I'm hopeful that I could pop if it does not it won't surprise me Kind of reminds me of the LL MFA trade in terms of the shakiness this one. I think Even has less liquidity on the book compared to the RSLS, but just be careful on it I'll put it on our list for right now. It's making more of an afternoon move, which I like All right for all of us in social media Facebook live YouTube Let me know if there's anything else up down left right more than you know Like 5% that you would want me to check out if there's anything that I missed anything popping or dropping as we speak I'm checking out my Benzinga pro right now. I got two tickers. I'm gonna look at doesn't mean that they're gonna be good, but This IPW making a bit of a pop right now from 720 up to 860 and pulled back I what I like about this, I guess is that it's a new IPO right back from May or maybe April May but what's the volume on this thing? It's like so light. Yeah, folks. There's no way I don't want to put the stock on our list right now The reason I say that I mean it's up it could run higher, but this stock trades such light volume on a day-to-day basis It's crazy, you know, like maybe a hundred thousand shares a day if that So I don't know I'm not gonna put this on our main list yet Reminded me of the ORPH trade from this afternoon where it popped up suddenly off of like retail volume like really thin buying and Look what happened, right? All right, welcome back Mitch with MOXC moving up nicely a Bit of a wacky spread. I think that you listen to me too much Mitch No, but with that in mind. It's a great pick. Great call more of a level 5 stock Kind of similar to space even more volatile than space I'd say but yeah, great call and put this on our watch list approaching the highs back from the end of June I don't know if that's Well, I can tell you if that's all-time highs Nope Going back I thought in the back of my head I'm like is this the stock and it is the stock where I you know looking at the daily chart for as much as this Stock ran up on us over the last week or two. This looks like oh, this has to be all-time highs, right? That's one minute chart. Whoops. Whoops. Whoops. This has to be all-time highs, right looking at this It's not exactly all-time highs unfortunately stock ended up getting crushed going back into like 2015 2016 and so forth, you know, it was as high as like a hundred plus bucks But you know looks like historical resistance could be around like 61 bucks maybe 65, but for as much as it dropped off even from there You know, that's where you could see a stock make a pretty sharp explosion sharp pop. I mean we saw the same thing happen on the UTME trade just talked about right This thing's starting to push back up on me. All right You know what we'll kind of slip this on our watch list at the end It's a very ugly chart very thin order book But for the same reason in terms of MOXC this one's not at the highs popping yet But you know perhaps if we happen to see support fill in more over 1165 1167 in particular pretty much where it's at now I think there's a good chance. We'd be able to see it run Last one here from Norman ARVL not really trading a whole lot of volume per minute So it looks good in terms of the chart pattern. It's up, you know, more than 5% so I appreciate the call Right now, it's not trading a whole lot of volume per minute I feel like it's gonna be a bit of a dud if I'm wrong with that. I'm happy to have egg on my face All right, folks So I think that we're gonna call it for right now We have a decent list and if there's anything else we'll look to call it out live inside our trading room, right? So, you know, if it's not the space trade if it's not the XZ LA trade trying to push back up If it's not the UTME trade that crazy thing that I you know Just took a small loss on but maybe I'll get that back in on that if it's not any of those Perhaps it'll be something else from our scanners from our trading room as we work together and call it out heading into this final hour All right for for most of us actually inside the trading room I know that rich is gonna post the link for class coming up Oh, we actually did just in the last minute. I appreciate that rich Make sure to click on that link folks for all of us inside the trading room Just to get access to Faustos phase 3 stock course. Yeah, you have to have access to it So for any of our gold platinum diamond C2 students Just make sure that you click on that link before Faustos starts for all of us on social media Facebook live YouTube You got a link on the banner below that you see on the bottom of the screen Just just go right there to get started on a small trial inside our live trading room Otherwise, you know, just make sure to like subscribe notify right on our YouTube channel that being YouTube comm slash cyber trading you All right folks for all of us live inside live inside the trading room right now I'm gonna take a quick break jump back on the mic myself right at 3 30 taking us going into the market close I'll talk to you then