 All right, how's it going Sabra traders welcome on back here this Tuesday afternoon March 7th shortly after 2 30 p.m Eastern time welcome on back this post traders talk edition here of our afternoon meeting great to see Michael joining us here So Ronnie just before a late allowed and clear from all of us It seems great to see later Michael Dan and all of us just rejoining us as well And all was just back on social media Facebook live LinkedIn Twitter or YouTube so folks Yeah, actually have a lot to talk about here markets are dumping off. I mean Powell The testimony today into tomorrow and you know, it's not as if there's a specific end time as far as today goes So you don't really know what he'll say when unless if you're watching right and us here Well, we're not watching that stream of his testimony Get pretty boring, right? But nevertheless, you know, there's a bunch of different trades that we've been following today And as that testimony has been going on We've been seeing what's been happening with the market dropping lower and lower heading into this afternoon So, you know, there is a lot to talk about just with the market But also some stocks that kind of made there Made some moves on their own accord right kind of just for their own reason off their own news So we'll get to all of that in just a moment Rivian on the screen to begin over down over 12% So for the afternoon right now, it's had all-time lows looks really flat and starting to make a small little Eek backup from 1501, but you know at all-time lows There's no historical support to work with on this trade. So I'm definitely gonna put this on our list to begin I am trying to figure out where my pen is to write down our IVN But either way, there is a massive iceberg order out there on the bid just right off 15 even at 15 1501 little something on the bid there too. Let me bring up level four here There's my pen at all right. Well either way. We got this iceberg at 15 bucks for about 860,000 shares total Hey, you do the math. I'm trying to find my pen right now So if you whip out your calculator at $15 times 860,000 shares there that that's a lot of money right off that one singular price If that support level gets broken through who knows where this could drop down to next Well, actually, I'll tell you what we actually know where it'll drop down to next anything on the bid below 15 Let's take a look Yeah, something at 1480, but really from that point 14 1450 would be your next big support level to work with on this one I guess we have to type up a watch list here first So no pen or no notepad but our IVN will put on our list to begin But definitely a good trade as a short take me since the clothes I would not look for that squeeze back up It started to squeeze earlier and look at where it came to again So, you know lower highs often will lead us to a break of support at least now Is it gonna be a false break under 15 and then it squeezes back up pretty nice You know, that's something to consider, but otherwise I'd focus on the short for this trade initially Alright, we had a couple other good trades mostly from the gainer side Actually with the way the market's moving that could be surprising, but we had a pretty good run up on VRax earlier It's not looking as good right now. Perhaps. I mean hasn't totally dumped off Maybe this could be the beginning of more higher lows like if like from the pre-market session But yeah, the VRax trade ended up popping off and news pretty early at 7 o'clock ended up trending up from 120 125 Up towards 160 made a nice little move in pre-market early, but at this point now, obviously dumped off flat I think the stock has a pretty low float if I'm not mistaken So not too particular about this one right now, but let's see what else we got Ah TV up so this one also I don't know what the float is that I assume kind of low if anything we're not we're not too familiar with the stock and It looks like it trades prior to today some pretty low volume day-to-day So, you know, that's where I'm a little timid of it But ended up making a pretty sharp pop earlier and then a higher high later So this stock could gain some steam. It has a good order book. It's liquid. I like all of that I'll put it on our side list right now A couple internet tabs here a couple browser tabs that is Got my main list. I got my side list here So we'll put TV up on our quote-unquote side list We'll come back to this at the tail end if anything check back in with it because we got better trades It seems like we watchers still squeezing on up from this morning. We killed it on this trade earlier today We not just as in me as in a bunch of us Phil Kathleen a bunch of us ended up taking trades on this from earlier in fact Got a coaching call coming up at three o'clock, but I have a little time here to sift through the chapboard right now So, let me see here do a little search on weight watchers from earlier today at grant trading this early in pre-market Prior to the open. I know Manuel way spoke to earlier on a coaching call He did pretty well got a few cents on this mark mark solely got 26 cents on this from our onsite killed it there Chuck got like 20 cents plus himself and the list keeps on going but hey It can keep growing here taking us into the close nice trend right now Yeah, definitely gonna put this on on the main list with the Rivian Weight watchers there to Spurge on the bid here. I see you there for about 14 or so thousand keep an eye on like 595 that 13 plus thousand is probably through a different ECN. It's not like he's pulling it But it's a nice little squeeze here. It looks like MfH not much happening there and we keep on moving PTGX This actually is on a really nice run. Sheesh. Yeah from earlier. Wow. This is from the morning session Okay, as I look at my notepad my piece of paper from earlier this morning I only wrote it down. I didn't really have much of a focus on it I guess since but I guess I noted it PTGX popped early in pre-market was dumping off though going into the open I'll tell you it made a nice move afterwards though and then even higher now. So You know, hopefully Not too late here at this stage, but PTGX. It's exactly where you'd want to see a stock at this point So hopefully this could blast over 22 soon enough. If not now, then maybe closer towards 330 315 Eastern We'll say B and O X not much happening there. We'll pass BLPH. Hey big shake down now. So hey, that's kind of funny timing Doesn't lead me to feel too confident in seeing another move back up for this trade But you know what it's still kind of near the highs it moved from yesterday. It's pretty close towards those highs still near 5 Side list side list we'll come back to this one. You got a couple on the main list couple on the side list We pick me and choosey here. Let me keep it moving. I that SE trade briefly just to show this It's at the highs. I like this trade in terms of chart and direction But just too expensive and a pretty thin book for what it's worth if it was more liquid I'd be more interested just trade lower shares, but you know, even as if we got we got better trades though Otherwise so far You know, if you fancy a more expensive stock then SE is definitely for you You know, good direction nice move Seat vivid seats interesting. I didn't realize they were publicly listed, but I guess I'm not terribly surprised, but let's see That's not really showing a great chart all together. I mean intraday and on the weekly. It was just curious there All right, what else we got BB IO from before ended up popping up pretty nicely up over 19 1950 topped off just a shade under 20 Cosm let me go back to a daily chart for this one the COSM trade this stock We ended up doing really well on from the end the last year You could just obviously see that on this day ended up running all the way up And then a gap down the next morning, so yep, you don't want to turn this into an overnighter that's for certain You know, it's still kind of holding here still kind of squeezing here right around 450 So, you know, maybe if this can make the higher high soon enough through there's a better move on this trade But I'll come back to a side list goes COSM All right. What else we got here in the meantime I be IO pretty good move. I like this trade. The only gripe I have on it is that I wish it was trading more volume per minute Just not really trading a whole lot of volume Per minute here. I'm like order book checks out actually pretty nicely So now I'm hoping for there to be more room on this trade. It's kind of low risk So I don't mind slipping this on the main one Give you a nice tally at the end of this meeting here because we're kind of going back and forth your main list Side list, I'll tell you what we got here in just a moment UNCY trade totally done for right now this trade Dicks to exporting goods obviously pretty expensive The INZ Y this one actually looks pretty compelling. I like this. I wish you was turning more volume per minute But good order book. It's cheap big volume filled right off the high here at 330 So it needs a blast over the highs. This definitely is a big level not just because it's at or near the highs But look at the volume discrepancy there So clearly some big volume had to have just gotten filled right there on time and sales a slew of red a slew of green So simply put on this trade. It's got to break higher and make a pretty strong reaction I don't mind putting this on our main list to IPIO cheapies and I've at the highest All right, let's hop over to the loser side right now Then we'll kind of wrap things up here at the end, but let's see what we got here Otherwise Kara at the low of the day. Good short. I don't mind it. It's the stock at all-time lows. That's the question Not all-time lows. You got to go back to like each 2016 here, but it is Getting closer and closer by the day. I mean for 26 technically is the all-time low So I don't know if it's gonna hit there really today or tomorrow this week But you know a nice intraday trend Good short on the way down good order book all that good stuff. So Yeah, we did pretty well on Riviana's a short earlier today. We'll try and follow it up here on Cara on the way down AMAM Moving back on a nice little bounce here for what it's worth if you're in like really from a lower price around the support area You're killing it Just pretty thin volume out there on the book I'm a little timid of putting this on our on our list for that reason it's on a really good trend though So I'll come back to this with the others on the side list at the end Maybe I'll slip this on there. It's a really good direction really nice bounce They always try and like pump out the best list possible and like see like you know at the end of the day Like how much of these end up actually running we know not all of them are going to be perfect You know, we don't control every one of these trades let alone any of them But just to say at least you want to put out a pretty accurate list, you know best movers So I'm gonna try and see what's out there on the side list here to wrap up Edu tal is shorts, but they're slow All right, let me go through the side list here Otherwise like other ones we haven't checked in with just yet like coin base, you know shortable That's dropping off pretty nicely if you fancy coin base as a trade I know it's a good one to put on your personal list then neo not really a whole lot happening there GM again seemed to be said here as I said on coin base good side list stock generally Shopify same deal dropping off with the S&P with the rest of the market right now as a whole Check out an airline or cruise line here. Not really much happening on American Norwegian I knew came out with earnings. I think last week. So dropping back down right now Side list not a whole lot on that either All right, so let me wrap up right now. Let me go back to the trading room first. What do we got here? Mark 23 cents on wheat watchers just now Brian as saying I think SOUN the AI stock Reports earnings after hours. Wonderful move. I'd probably check in with that tomorrow same deal It's like what we did on wheat watchers. We didn't trade it yesterday afternoon. It didn't do anything then but today We ended up killing it. So it's a good one to follow for tomorrow. I'm certain now if it's like lackluster tomorrow Then I'll probably keep it on the side list, but keep a small lie, you know, just to see if it can make a pop Mark says Kara reports tonight There's got to be some additional news on top though for that to be down as much as it is Maybe some leaked earnings prior. Let me go check there mark so You know what mark I got some funky thing on Benzinga here with their earnings It looks like some earnings came out yesterday afternoon But they got some weird like little icon on this that I've never seen before Maybe it was an error and they're just noting that now, but On top of the earnings there is there definitely were different, you know ratings that came out with from different firms H.C. Wainwright Piper Sandler Others JP Morgan on there. So with saying that there's definitely news on Kara But if there's the actually actual earnings to officially come out tonight, all right, you know Given the reaction we already have here. This one definitely is already on our list with good reason All right, so let's go to the side list right now. What do we got here TD UP? You think this looks good right now? Since we last looked at it Not much happening there BLPH same deal dropping much lower now I mean we saw that shake down a five live turned over to it in the moment But now you could see much lower now. We're gonna pass on that Cosmo done And that leads us back to the AM AM and I'll put this on on our main list Obviously still looking really strong not only moving back up to 10 But also moving back up to the VWAP price there off of 10.04 I would look for a really significant level test coming up right now I would look for it to hold and then see if it can make the stronger pop in the next like 15 20 Alright folks. All right So for Brian Mark ran and all was just inside the live trading room later Ravina and all this live right now Rich will be on the mic taking you going into the close from 3 to 4 p.m And a dentist appointment coming up at 5 p.m. So wish me luck and that people a little early for that So wish me luck there But for all this in social media Facebook live LinkedIn Twitter or YouTube I appreciate you folks sticking with me each and every day each and every afternoon If you have any questions feel free to shoot me a quick email Josh at CT trading comm is my handle I always like to post my email here at the end of these streams If you're interested in joining us though, otherwise inside our live trading room Just go right down to the link on the green banner below right there at the bottom to get yourself set up to get yourself started Nice mover though here. Let's see if this can keep going here between the AM AM and some of the others that we have So far folks, I'll chat with you folks in just a little while. Talk to you soon. Take care