 All right, folks we are live to wrap up our week here this Friday morning 1020 great to see you have all of us here live inside Our live trading room Margaret Grant had John just before had Andrea Saw him a moment ago Alex with his d-backs getting a nice win last night baseball up to one right now So great to see Alex got Dan with us here. Got Patrick with us here who did pretty nice earlier Or yesterday I should say on a nice little trade that we had on the ICU great to have Sydney Kevin Brian Where the ladies at here by the way, it was Barbara Leda ravina and over lovely ladies of C2 here I saw Margaret just there. There we go from before Margaret. There we go. We're up in the ladies right now So hey, whether you're inside our live trading room or on social media. Welcome on back Of course, you got my ugly mug here this morning Fausto actually on vacation Celebrating his anniversary with his lovely wife Debbie So wishing them the best hope they have a fun time with that and you know right now We have a nice little trade here for right now lipo lipo you'd imagine Like those sections so we'll take a look at whatever news came out for that for this stock this morning up 44 Or near 44% heading into the into the market open aside from this stock This has been a brutal brutally slow pre-market morning You would imagine given what we had yesterday and even the day before You know with the US China chip news that came out that tank the video and AMD and that sector earlier in the week Obviously with Powell talking yesterday with Tesla and the video on the video did pretty good by the way But with Tesla earnings dragging down the market and a lot more the airlines that we had between UAL and Delta and America So there's been a lot happening this week I think everyone's kind of been fed up with it just overall just up and down the roller coaster of a market That we've been on today throughout this week. I think today people are fed up So I hope that we get a nice bounce just for for my sake here We'd love to see another or love to see a bounce back up at least but if we end up breaking below 425 on the spy which We get to that there We dipped under and over this morning if we keep needling the thread here 425 support we're going lower We're going right to 420. I think perhaps early next week So it's really kind of hinging upon this support that we have in pre-market across the market I would love to get a bounce back up like 427 428 perhaps Uh, you don't want to you know expect more than that per se But if we can keep on a nice trajectory nice trend we'd love to see it at least but otherwise going back to lipo lipo You could see early in the morning after the eight o'clock move stock popped up great, but then it tanks. So that was pretty You know pretty common, uh, you know pattern throughout this morning in pre-market A lot of these stocks that popped early whether it was eight o'clock or even earlier just pulled right back down At least here though nice little bounce for the meantime didn't drop down to the whole number level at two bucks But under and over here and and starting to at least build up a little bit more So I don't mind putting this on our watch list at least to begin Let me just check the news out on lipo Well, this ain't good folks. I don't see any news I mean, hey, we see stocks pop all the time without news, but When there's no news out there, it doesn't really give us like much reason. It's not a catalyst out there So I'll reluctantly put this on our watch list just with that in mind has good volume on the book for right now A bit of a spread but You know what for pre-market this actually isn't too bad in terms of liquidity on the book Just hopefully it fills in a lot more at the market open. Oh, by the way folks Hey, you could probably see me inside the inside the chat board right now today too Popping the webcam up and a little bit of a lazy friday for myself casual friday one might say but I call it a forno friday, Andrea A forno friday for no cultura my friend Andrea He shipped over a nice shirt couple shirts to me over the years and repping his company is bakery right now so There you go. It's a forno friday for us here inside the live trading room But yeah lipo making a nice pot back up here. Let's actually load up book map Let's load up level four and take a look to see what the order book looks like you're all together All right, so just now reporting live. We had a 20,000 or at uh, yeah just about the 20,000 share iceberg at $2.20 So that just allowed this to push this to make a new high. Let's hope this isn't a head fake though Let's see this ladder this up a little bit more going into the open But for right now, this is actually a really good sign in terms of seeing continuation for this trade Got to see higher lows and would love to see this order even actually pull and ladder up over time. So it goes higher all right, um And you can't see that On level three here. So that's why it's so important to have level four also Have book map up and running as well Whether you're on the main version here or if you're on the thinkorswim version You know, we have so many of us here that that use thinkorswim and you paid the 30 40 bucks a month for that What you see here is what you get basically. So it's a really powerful tool All right now. I told you it's kind of a lazy Friday, right? I normally actually have The gainers and losers lists here, you know, nice customer traditional gainers and losers lists here I got my custom ctu trade station Scan here that we've had over the years and I'm just going to rip this here because it's volume based I could filter the volume so instead of doing the whole kind of show and pony her You know that that whole saying You know just I'd rather make it simple keep it quick and just go through this Probably gonna find a few stocks that are just trading good volume. We had the wheeler trade actually here, but again Didn't go anywhere the hope on this stock is that it's a lower float stock Much like lipo So, you know, the the cards play right here. Perhaps we could see this make higher lows get the pop later on You know what? I'll add this to our list here still it hasn't totally corrected and tanked made a lower low I just very lackluster pre-market. That's all All right, what else we got AMWL same deal just dead. This one's not doing as much Uh k and x it's gonna be the theme of the day folks I mean with the market dropping off the way it did and has not gonna find a whole lot on the gainer side Actually with anything on the gainer side today We had the crypto stocks make it a pump up bitcoin tried to make another pop up towards 30 000 and stay with me here I'm realizing actually a very poor lighting right now this morning We got to fix that going into monday checking bitcoin price right now for all of us here live Cracked over 30 000 just earlier this morning Ah, it looks like a head fake. It looks like an over and under it broke over 30 000 made a nice rounded top And it pulled back a little bit back down towards like 29 for uh, yeah, so that makes sense with mara pulling back queen based pulling back Riot all three of them basically there I could put them on our list, right? It doesn't hurt us to put them on our list for right now At least like something like mara and riot, you know, if you trade options on coin based that might be a bit different but for a friday, it's like very Very low reward for a friday to do, uh, you know calls just I mean, I mean if you're doing like next week's expiration I guess that's different, but If you're doing the week, please doesn't really Make sense. All right, so let's see if there's anything looking good on the loser side here and we'll wrap up Oh, that's right. We got all the energy companies basically here, right? You know, it's all the solar companies rather. I should say s edg I think they ended up getting crushed off their own earnings and with that we had like a whole You know avalanche basically spwr we had sun run here a little more expensive but enph That one also so in terms of a short easily we could put, you know, all of those on our watch list Which ones are trading the most volume though like because they're all gonna move fairly similar So there's no need to call everyone under the Sun sun run get it But uh, you know at least with that in mind sun run 246,000 spwr only 134 This is a little bit cheaper anyway So a little bit more room to the ground floor in terms of a short for sun run I'll add that to our watch list The s edg I think that's like the main horse out of all this recording the earnings and dropped off the most So a little more expensive, but I am going to put that on our watch list also there the emph Side list, you know, if if you follow it on the regular if it's one of your Daily plays then easily follow it going into the open, right? Array down a little bit there too All right, so I'll tell you what for a lazy Friday for a forno Friday, Andrea Not too bad of a watch list We got a couple of cheap stocks that could pop and break out even more a couple good shorts on the way down We'll see where the crypto stocks take us there at least All right, uh, Alex there we go my friend and you know what I said I thought I saw that headline or I thought I saw a headline I don't want to sit down though. I saw a headline earlier and I didn't pull it up just before so Uh, Alex and Kevin both saying in our chat board appreciate you guys saying, uh, lipo news came out they announced fda clearance for their drug for oral lichen planis These men well, let me ask us here really quickly. What stock this week came out the news of fda approval Do you folks recall what stock this week came out fda approval? Lever students congratulating patrick here. So might I congratulate him as well? Let me read the chat above Oh patrick joining Fausto at the anniversary weekend. It's here. It's his anniversary also today 44 wonderful years for patrick and his wife. So congrats pat love having a part of cto And alex and brian both saying here. What stack was the one that came out fda approval earlier this week? It was the ardx So, you know, we're all hopeful to see this make the breakout higher for this to really get going over four try and run up towards 493 these highs maybe even fill the gap again from the daily chart long-term chart If this isn't going to make higher lows and continue to break a higher high Then over time it's going to break a lower low, you know lower higher lows could lead to a higher high But once the fuel is run out at the gas tank, it's not as if the car just stalls out The car just goes in reverse for you and pulls back So with the ardx unfortunately with four being the key level that we were all calling out Once it broke back under four that was a should that was you know a wrap that was game over And it pulled back that day back on wednesday this week and then yesterday too. So um You know getting back to the lipo trade just be a little careful there don't necessarily buy the news on that Actually as i'm talking let me bring back the heat map for lipo because It moved up a little bit, which is good, but this order did just get pulled like right now live So kind of do or die here. Is it going to ladder up? Is this guy going to pop back up? And squeeze it higher or is this the end of the show? It's like 8 000 shares on the offer popping up like simultaneously after and We'll see all right, so We've got a good list here folks. Um not bad at all actually. Let me just check private chat here from one of our students I'll answer that just coming up in a moment. Roberto. Uh, and then otherwise from rob honor YouTube today asking about oh, yeah, that's right. Well. Oh, no, I that's funny I thought rob the type in uv x y the ticker actually I'm gonna get to that actually because with the market dropping off etf going up Rob asking about ul y my dyslexia tripping you up Yeah All right lipo looks a little bit stronger, I guess you could say in terms of the bounce back up you could never Guarantee for a stack that pumped and dumped already to make another move back up This just looks so ugly Given how much it did pump and dump from like was it like eight or six to 20 to what the hell happened here This was in the morning. This wasn't even in the after hours yesterday That was in the morning at the crack of dawn. Who the hell is trading this thing? Like it's got to be on like zero shares this volume like, you know, 900 shares a thousand shares a minute Geez. All right now Obviously rob is kind of asking about this in hopes of the order book filling in more in hopes that more traders Starting to follow it once the market does open I'm not a fan just because also it's a new ipo so we can't really trust this at all just yet Also speak the new ipos look at vs me from a couple weeks back, right? We were running that up beautiful morning cream market broke all-time highs We're looking great and then look what happens. So There we go Mike caller office right there. Mike actually joined us on youtube and I'm actually just saying this to mike in particular But of course for all of us otherwise on youtube or social media join us inside our live trading room and Call our office mike. You have a call to our office talk to alex or john or rich Even one of our education advisors or instructors that they'll be able to get you in the room Mike normally one of our students sainis stuck outside the ct walls this morning Not sure why mike so we'll get you in there though really quick. You have a call to our office So that's like the you know us line right there. So you're good I'll actually keep it up there for michael. So So it doesn't forget it. There we go. All right. So folks. Hey, we're gonna wrap up right now I will check out benzinga actually before I do Quick to finish there perhaps, but just go to benzinga. I figure there wasn't going to be anything else that was going to pop Is that you uh, you all why but that chart didn't look too great. Yeah, all right We're gonna call it folks. Hey, you're on social media facebook live linked in twitter youtube Don't over trade today and it goes for all of us inside our live trading room But you hear that enough for me on a day today for all of a sudden social media if you're not joining us later on this morning Don't over trade. It's like a it's a friday normally There's not as much out there that happens going into today going into the weekend um, but otherwise though after the Roller coaster of a market that we've had this whole week up and down left and right and especially down I think that a lot of traders are exhausted. Maybe not us inside our live trading room So for john and rea brian kennedy Later all of us there right now We're gonna keep you know our eyes out for the stocks that are on our watch list And then afterwards if there's anything that looks good then we'll try and tackle it But hey really quick for all of us there. Let me ask What time is reversal time normally a little quiz from phase one? We always got to ask it. What time is reversal time normally a little free game for us Otherwise on social media 10 30 right 10 15 10 30 eastern time just so If you feel like the momentum for a stock that you're in that that running upward at least If you feel like that momentum is dying off and it's not even 10 15 10 30 is 10 o'clock Don't gamble do not take the money run Go enjoy the weekend. It's one of the nicer weekend or one of the Like more nice weekends left heading into the end of this calendar year, especially if you're on the east coast I don't know what it's like up there in new york, but it's actually pretty cold here in florida It's a very chilly 67 degrees So, you know what I mean like you're trying to enjoy the nice weather at least heading into the fall season I think a lot of us have that in mind Don't ruin your weekend right take the money and run all right folks. So hey if you see something say something Let's try and make some money here at least and we'll catch back with everyone at later on today All of us together together at 2 30 easter. Take care