 All right folks welcome on back here this Friday March 26th time to wrap up the week You're actually with our afternoon meeting Let me let me get a quick sound check just to begin make sure everyone could hear me loud and clear Want to go over a trade that we've been talking about heading into this afternoon At least for all of us live inside our trading room great to see skip Ken Dave Scott June Kathleen all this live You know can you hear me loud and clear from our trading room? Perfect Grant says now. I'm really awake good. I told that tried to warn you folks No, but otherwise for all of our members joining us on social media Facebook lab and YouTube welcome on back Let's start off with this live ex here. So, you know, hey going into today. We weren't expecting a whole lot I mean typically on a Friday not as much news coming out Just you know company wise unless if there's anything big as far as like job reports or employment or anything of that nature You know any any economic reports that could come out But you know, otherwise we've ended up doing pretty well and this live ex stock I thought would have made a really nice move on the way up at least off the pop So we called this out off the break out It got halted on the way up the news that came out at the time live ex launches non fungible token NFT content division So that's all you kind of need to know because over the last few days the last week, certainly We've had more of these companies coming out with the NFT News, you know the non fungible token the digital art music, etc Ties in with cryptocurrency, so I'm sure I'll go to Bitcoin and perhaps a moment in June saying here Oh, no not in relation to live ex. He says in relation to another stock neo. What a short well this too though June this too So off the pop we were expecting a massive run up and when it reopens Well it popped up higher and at the time I was watching this with one of our traders Jim in a coaching session And we saw this pull back and I was saying, you know, let's just wait a little bit Let's wait to see what happens. There are a couple of price levels that I personally had my eye on 650 625 6 bucks So this came down to 625 I mean broke right below it actually initially, but I was looking for the bounce I got in right here on the long it moved up a little bit I didn't get out off the top because I was expecting a lot more ended up dragging back down I ended up closing out just a few cents like three two cents something like that Well, there wasn't much support until six. I'm thinking hey, this stock is shortable This breaks below 625. I feel if we have if we have a lot of selling coming in off that price and under We can get this to drop pretty nicely So it goes short Let's taking its time. It's not like making that big break that I wanted to Get out and then of course It starts dropping and ends up dropping all the way down below 6 I was looking for an entry on this as a long trade I was expecting a run back up because eventually I thought with the news out We'd see some sort of bounce, you know at the time I was trying to day trade it based on the momentum Well, I ended up getting filled on the way or I got filled as it was trying to hold support off of six Took it like a 10 cent loss 11 cent loss there I think I took another one on a half-sized position from 5 78 And then at that point I said anyway, I'm like, you know what I'm gonna step away Just make some lunch just try and clear my head I was doing well from the morning and this ended up screw me up a bit, you know I thought I had the the right direction. I clearly did not I Come back 10 15 minutes later and this stock is all the way down to five bucks and below I mean, you know, you can call this fortunate timing perhaps But when I saw it drop all the way down to five and off of the news that came out Right good news came out and after the pop-up I mean it dropped off way more than I thought it brings me to an old Fausto line that he told me back in like 2014 when I first started here I mean in relation to this trade will say if you like the stock so much at 599 or six bucks is a buy or even 5 78 where you where I ended up getting in on my second position long Then I got to be drooling over it when it's at like 494 So I'm currently in the straight long from 494 I ended up taking half my position out at 521 just to start the meeting But for right now, I want to see if this can make a nice squeeze back up It still just provides good volatility on the way up on the way down As of right now, it seems to be holding resistance pretty well off the highs here of 530 So it's like kind of flat almost as if it's building a Fausto flag I'll probably put this on our main watch list, you know might not make the top of the list But I'll put this on for right now. I'm hopeful personally to see this make another pop and run back up Perhaps towards like a 570 ish You know, I'll take what I can get though So I'm gonna keep an eye on this as we go through But I wanted to start off with this because you know, hey trip me up good news came out I would have expected this to at least find some support around six or you know, maybe 580 You can't hold on to a trade like that because you might be holding on for a long time All right, so again, like I said, I'll keep this on another screen So I'll probably just manage this as I go through or try to Alongside the LIVX I mean we saw the market take a bit of a drop heading into the afternoon and now it bounce on the spy But I want to jump to all these stocks that have been affected by the China market and just the relations between the US and China I'm talking about Viacom 10 cent. I'm talking about IQ You know all these that are on the top the top the losers list here I haven't seen Viacom ever really get halted at all let alone like what three times in a day. That's crazy So yeah for right now. I mean easily enough. We're just gonna put the Viacom stock on our main watch list You know alongside Viacom and probably be more interested in the 10 cent trade myself TME We ended up doing really well on the stock from our afternoon watch list yesterday So actually to cover this one pretty quick at least from yesterday We ended up seeing this continue to drop off heading into the close I ended up catching this as a long. I was waiting for the bounce on this trade and at the time I was like Watching 20 if I'm not mistaken I think I took a small loss at first for like 5 or 10 cents and then as it kept dropping like almost pretty similar It's what I'm doing on the LIVX trade. I ended up jumping in on this. I think it was right off like this bar Right there 1954 jumped in Ended up closing out where the hell did I close out here? I didn't get out was a 20 at 2064 into the close Ended up riding this up. So, you know on this trade I mean, hopefully history can repeat itself in terms of a you know successful dead cat bounce or squeeze up If not though then otherwise, you know, it'd be interesting to see this potentially break down towards 17 again And perhaps towards like this like series of higher lows. Let me just draw this on the train on the chart Using my opposite hand here on my cursor There we go. That looks pretty good and We'll go with that for right now just to keep it simple Yeah, I mean for right now building a nice series of higher lows at the same time lower highs I kind of filling in sideways here So, you know keep a good eye on that heading into the afternoon easily enough. We'll keep the time trade back on our list Neo we'll go back to June for Neo that short This is by to cover at 30 405 June says all right nice June Where where did you end up getting in the Neo trade from? What was your entry on this trade it looks like he just got out right off 30 405 and can I'd imagine you're short to on Neo and he says AMC as well also likes time and can I Don't know if can's a China stock or related to China market But obviously took a big drop here heading into the afternoon you know wouldn't be a Not wrong, but I should say I mean it's easy to understand why one would assume that can't be a China related stock Not given the drop-off, but otherwise it might just be you know on its own But otherwise yeah can nice short heading into the afternoon, you know held up held off 16 support pretty nicely and bounced back up But it will put can back on our watch list. It's down 10 plus percent So we have LIVX can time I want to jump to the Neo trade by a commie also have on our watch list June says he started shorting Neo here at 35 90 and then he got out at 35 And then he got back in at 35 and just kind of running it running it down now Perfect. I mean yeah for right now also just like before with the you know time trading can more so Neo holding off a whole number support off 34 here, but they all seem to kind of have the same trend or similar trend to it All right, cool. Oh actually while we're at it I mean we're talking about the top of the losers list just to catches my eye right now looking at number one on The losers list from there will go from top to bottom across the gainer side But the GSX down 46 percent shortable So I would imagine this too But man this thing took quite the hit today Definitely more of a level five stock given the like how thin the order book is you know I kind of call it illiquid if that's even a real world Real work, but otherwise very thin light order books. So that's where you need to be careful I would never ever use a market order on a trade like this on a trade like this let alone a trade like can or you know Even time certainly not Viacom Yeah, so for right now put this on our list to June says Tesla down by 34 points right now across the day Well, let's just go from the gainers list right now. Perhaps. Maybe I'll even catch Tesla across the losers list here, but Iq I think like a new IP off not mistaken. Yeah So all these education companies came out right like we ended up all seeing these education companies like run up And I want to jump to Benzinga Pro pretty quickly just to get like the snippet the headline All right, so what I have here is shares of several China Chinese Education stocks trading higher price action could potentially be related to the recent IPO elite education group international this Chinese education stock which traded 700 plus percent. Well, yeah, that's this you know stock so I guess just they ended up running it up, but You know if that's the reason why all these others ended up squeezing up like the WAF you I Think we ended up seeing it from not mistaken. Well at first the any any XT This one ended up getting squeezed right after the market opened You know ended up making this huge pump I think like even at 484 in the morning pot from like five bucks all the way to like 36 Who the hell is trading that here? You know, it's got to be China market But if anyone has access to pre-market trading on this like I would never do that myself given like how thin the order book Would have been you know, if you get in at the perfect price and it pops then of course they're gonna ride the wave But otherwise I would never try and jump in this at like 20 bucks 25 bucks or whatever You know, even if I had the chance to trade pre-market at that time I don't but yeah for right now the WAF you trade we're gonna keep on the sidelines, you know same the EIQ trade At the whole list here. Oh, here we go the FEDU. Yep Here's the main list that I had here as far as like all the China education companies. So FEDU is another one I think TEDU BEDU. They're all ending in EDU. So, you know TEDU is another one and kind of spotty chart there, but popped after the open not that one TAL definitely after the market opened up this one took quite the hit Trying to squeeze up right now. This one actually has decent liquidity on the book for $50 stock $51 stock Yeah, they'll come back to this one I don't want to lose or get off tangent here though because we're across the gainer side So the FEDU we were gonna run into anyway The NEXT trade I guess we'll just look at pretty quick but trading a lot of volume compared to what it normally does So I'm probably gonna pass on this but Maybe this will shock us by the end of the meeting kind of right. I'll write this down on the side list You just come back to it at the very end Start to make a small little bounce here SM once again like we always happen to see the stock make incredible trends if not at the highs like this You know, otherwise the lows double top off roughly 18 1804 the high here. I Guess it's easy enough for us to just slip this on our list here, right the SM. Why not? Familiar name good order book, you know, just broke over 18 a moment ago You can see a lot of those yellow prints on the tape. She's that was at 9% So I had to have just dropped down here a little bit I want to scroll over to the NAT trade here pretty quick This one ended up making a really nice run up ended up catching catching this early from 376 Moved all the way up towards 405 before dropping back down CENX maybe popped after the open trying to squeeze up right now And not trading a whole lot of volume per minute here. It's like actually pretty crap All right, let's see if there's anything else across the gainers and now to see if there's any other familiar names Number 45 here my us steal my ex pushing back up a little bit It's like kind of weak not a whole lot really to write home about there I know if I was so called out the bo w x trade from earlier earlier this morning another special acquisition company Squeezed up early, but now at this point pretty flat Damn. All right. Well, you know, it is Friday. It's a very Friday Friday I should say let's hop over to the loser's list. See if there's anything look just as good Talked about a lot of these already perhaps Lending club LC we didn't jump to Man, this one took a huge hit. Wow from what like 1850 all the way down to 1255 low of the day basically 1250 The hell's going on here at lending club. I had a the headline I have from just Tuesday this week All it says is shares of several companies in the broader financial sector trading lower an Overall market weakness blah blah blah, you know it has had to do with the feds Fed share Powell and Treasury Secretary Yellen Yeah, I don't know if there's any other news, you know outside of that But yeah for right now LC trading a ton of volume per minute. We'll definitely keep this in mind We'll see if this can squeeze back up towards the 1350 or pull back closer towards 13 Even a whole lot of volume filled off the 13 level here All right, we'll keep it in mind though, we'll put this on our list. I Do we already kind of talked about The Ruby stock shortable. Let's take a look. It's just big spread. Don't really need to put the stock on our main list CODX is short of all that That's the only reason why I clicked on it because normally it's hard to borrow I would just skip over it But it's at the low of the day right now And spreads not terrible Order on the bit off 950 I Don't need to put this on our list, but it actually looks a lot better than the other one So I'll write this down on the side to see if there's anything looking even better You know, maybe I'll slip this on here at the ends TIGR I personally wrote down on my side list going into the market open I didn't trade this at all, but it ended up making a really nice drop Kind of regret not trading it but you know nonetheless, I mean this still seems to be pretty active You know good sideless stocks still at this point Voozy stock we're pretty familiar with made like a wacky spike up going into like, you know, 1231 p.m. Eastern My LIVX is like kind of slipping back down a little bit. It broke my trend line. I might just get out I'm in from 594 on that so Pick up 22 cents here on the last half my position Just get out at market essentially right off the bit at 518. All right, so I just closed out on the LIVX You know, that's a stock that we're still gonna watch on our list here or still gonna put on our list You know, maybe still trade it, but just close right off the bit at 518 All right, folks if there's anything else up down left right more than like 10% type it in the chat board Let me know here. You have a decent list for you know, kind of a slow Friday really Take a look at Tesla just really quick because I said maybe we'd find it on the loser's list, but Down five plus percent. That's still a nice drop off Yeah, I mean obviously we're not gonna trade Tesla, but you know interesting to see at the low of the day Spy taking a big drop right now too, right? You can see that pull back down from like The last peak roughly around like five ten minutes ago. All right, let me just jump to Benzinga pro folks I think otherwise we're just about good to go I would imagine for there to be a whole lot popping here now in this market So check out the side list stocks will check out the airlines the cruise lines You know the blah blah blah if I can get away from Tesla, perhaps we could do that There we go. I thought it was gonna freeze me up for a second Hey, I'll only down like 2% but at the low of the day, you know, right? So that could might that could be a great stock to watch and Seal age I guess dropping off at the market not a whole lot to write home about there Check out like an oil stock like oxy, you know at the low of the day technically GE dropping off, you know Ford was a great sideless stock over the last month You know that's on the way down to 12 So a lot of stocks pulling down with the market here folks heading into the afternoon if there's you know If you find from the watch list that we have Not really stocks that you're like comfortable following or trading or looking at then if there's a stock That's moving well with the market That's you know, at least volatile enough to provide it like an opportunity to make money And it's not like watching the grass grow then you know, you personally watch it You personally put it on your list The neo trade we put on our honor on our main watch list. I'm probably gonna trade that myself I did pretty well on that heading into the afternoon yesterday, too. So I'll probably stick with this With a spy dropping down here really fast about to break lower here. All right, so I'll tell you you know I think that we're just about good to go, you know, I'm gonna just jump right into neo I think so in total we have about two four six eight stocks to work with on our main list And then otherwise like I just said just before there's a stock that you do really well on consistently It's moving with the market and volatile enough, you know to provide an opportunity that I'm sure you're going to watch It's going into the close and go for it. All right So, you know, otherwise folks don't try and have hope you don't try and you know Take a trade have it go the other way and then you know, I say, you know We'll see what it does in a little bit because this is a really volatile market Otherwise, so you don't want to be on the wrong end of it. All right I'm gonna shut up right now because this neo trades about a break 34 All right, folks So for all of us joining us on social media Facebook lab and YouTube make sure that you like subscribe Notify right on our YouTube channel YouTube comm slash cyber trading you otherwise feel free to join us live inside our trading room Go right down to the link on the banner below to sign up for all this live inside the trading room I look forward to speaking with you folks pretty shortly. Take care