 All right, so with that folks, I believe we are officially good to go right now for all of us live inside the trading room Michael Bob Brian Leda Amy great to see all of us right now Hopefully you could hear me on social media Facebook live or YouTube, but whether you can or cannot the show must go on right? So I'm hoping at least social media is good to go. I know the trading room is good to go here There's a couple of housekeeping notes to begin first folks Actually one main one if anything for those of us inside the live trading room stay tuned coming up at 4 p.m Eastern time actually a bit of a special webinar coming up at 4 p.m. Eastern time We're actually doing a closing bell webinar series with Bruce Pringle from bookmap. So Bruce and his co-worker Josh Can't get enough Josh is out there, right? But they are going to be coming on our platform to do a webinar detailing bookmap and all the nice features that we use With it as day traders So I know that Rich will look to post that link coming up just later on this afternoon You should have already received an email on it But with that though, I just wanted to make mention of 4 p.m. Eastern our closing bell webinar with Bruce Pringle of bookmap So hey, I look forward to that myself bookmaps my main tool when it comes to following the big volume Brian asking we just stay in here. No, no, no, I believe that there will be a separate link We'll post that here in the chat board though for you All right, but with that though I mean a CMRA a stock that's popping up really nicely here Bob called it out just inside the trading room a moment ago And it led to this huge explosion up towards the highs of 335 So at this point right now, obviously we're going to put this on our main list But let's see if support could hold if not at 3 it seems like basically 294 295 Right quickly drew my line just there That should be support 3 to 295. So it's pulling back down right now, but CMRA definitely looks good here across the afternoon Oh, well, I'd be damned. I did not get my water bottle here in time. All right. I just realized that now All right, we're going to try and be efficient with time here folks because otherwise, you know, we had the akro stock that made a huge move in pre-market But coming off traders talk our weekly workshop we conducted earlier this morning It's been all about the 28 28 price 28 dollars and 28 cents There was a huge 195 thousand share print that got filled there earlier this morning Uh little interesting Food for thought that's all I'll say here having a little fun. That's all we're doing here, right? Because we follow the big money Indicators or anything else is all secondary protocol, right? Well, I had a little fun this morning. That's all just to say And I did a very quick fit retracement from all time high to all time low And with that, I mean that print that came out on the tape. It was at 28 28 It is just mere pennies under the 61.8 percent retracement line. So It leaves me to think that it's been holding underneath there for so long I just don't think it's going to have the juice to break it and and and really run I'm hopeful that it does it's been teasing us across the whole afternoon But even just recently here I came back to my desk After a small break ended up doing a little sunbathing outside Nice out in florida today And I come back and this thing is still just holding perfectly under 28 28 even like before the last one It just topped off there pulled back Until this level gets broken through there's no trade on this akro So hey, hopefully it pops it in my pocket here during this meeting I'm going to put this on our watch list for right now in hopes of that 28 28 level getting broken through I swear, I keep looking back for my water and I know that I don't have it All right. Let's try and be quick with time folks. Let's we'll go from top to bottom here Let's see what else we could add to our watch list right now The nrbo is not something that we're going to look to follow at this point Ended up making a huge pop and then dump right back down after it was holding this big halt print line here Pretty nicely across the day, especially after we finished up traders talk at 12 12 15 But with lower highs Ended up breaking support lower low All right, the cmra stack this one, of course we started with this one's on our list already Etmb teased us this morning really I mean we were talking about it throughout the pre-market the morning meeting how there was not really much historical data to work off of between Let's call it six and all the way up top at 11 bucks like back here from the end of last year on the weekly chart So I was hopeful to see a lot more here today ended up dumping off when the market opened up And it just kept dumping off and dumping and dumping and really pulled back towards that 650 level and it's just been flat since So I'd love to see this pop. I'd love to see us make a big move back up to break back over seven I'll put this on our side list for right now. Uh, just looks pretty flat though here for the meantime If bd walking right into this pop right now. Look at that Nice So I don't think anyone typed that in the chat board just recently here either That's how fresh of a move this is so nice nice to see happen here If bd making a nice pop up towards that 250 level a little bit underneath it right now Let's take a quick look here just on the the historical charts the daily the weekly the monthly perhaps There really isn't much to work off of even on the weekly It just been a smooth steady downtrend here across the last year year and a half If anything maybe like right here and this is way high at 5528 ish I mean it kind of broke below there topped off here a false breakout above it and then it dropped off There really isn't much to work off of here on the historical charts So we'll see what comes ahead at 250 and we'll take it level by level All right v net look at this we talked about this in traders talk earlier today too I ended up at least getting seven cents on this trade. I got out above six. I was in from 608 We're talking about it in traders talk saying the more and more that price was getting needle that and poked at Eventually it's going to lead to a nice drop and it's been a really smooth short since that 608 price right there um You know right now across the next hour and a half I'm not expecting a lower a higher low and a you know pop right back up I don't know if this is going to dump all the way back down here I wouldn't expect it at least just yet So it's a tradable stock don't get me wrong But I feel like just the up and down move here led this stock to be more exhausted at this stage right now All right, we keep it going Ah are a bit of a familiar name to some of us inside this trading room here We ended up doing really well in the stock going back into Basically this time last year basically right around september august time last year led to a big pop breaking all time highs back then Well came all the way back down sub 10 and came all the way back up now I actually haven't seen this stock in a little while in like the last month month and a half We really didn't trade it as it ran back up here as much. I don't recall us really Calling the stock out and trading it as much back in early to mid july So, uh, you know, hey, it's moving back up pretty nicely here today But it seems like it's already at historical won't pass support now current resistance Loosely right around that 1650 ish a little bit underneath that if anything So, you know, it's looking a little sluggish right now. It was trending up pretty nicely before We'll come back to this at the end maybe All right, well, I'll tell you like I said from the morning here Right with the market dropping off from pre market all the way through spy is like well under 400 at this point I mean below 397 right now You're not going to find a whole lot on the gainer side right now, right? So uv x y has been moving up Um, I'll look at the chart in a moment, but I'm just writing it down already on our watch list You know made a big pop in pre market coming off the the bad or worse than expected cpi numbers And right now make a new high the day here So, you know, we normally don't try to eat the f's but when you do or when the markets are trending well in one direction Or another and it's the time to and then with this this is really the only one that we actively day trade here So we'll focus on this uv x y Now there were a couple of others. I thought I mean cpr x had a little move up earlier today too Just wanted to check in on that one pretty briefly You know brian you're looking at that ar dx not not to say long term But you know just at least over the next coming days and weeks here perhaps a little flat right now At the fund trade ph un we've had a lot of pun intended obviously fun on the stock Uh, I had a nice little move this morning, but not a whole lot to it going on right now All right, let's hop over to the loser side here right now folks probably going to find a lot more that's down Actually before I do so If you're missing not at least mention neo this thing ended up making a complete Reversal right out the gate this morning ended up making a really sharp run continuing the momentum that it did have back from yesterday So, you know neo is pretty strong from the morning session It's just on our side list right now. You know if it was trending a lot better on the way up if the markets were Uh giving us any hope for a bounce I would be more inclined to put neo on our watch list But it doesn't seem like we're going to be catching that bounce at least just yet So for right now I'll pass on the neo trade All right, hopping on over to the loser side here right now CRDF we walked into this trade pretty late But it was still dropping off the time down to two and under two right now For a stock that's below five dollars. This was shortable from uh after hours yesterday Not a whole lot of activity in pre-market though So we didn't really care for it as much early But led to a beautiful trade though a beautiful drop off after the uh open And this is an ETF here BULZ What is this a micro sector fang? Obviously bullish triple leveraged. So when the market's dropping off this going with it, it is shortable But there is too much liquid uh too much liquidity on the order book for this one Even compared to UVXY SOXL semiconductor triple leveraged ETF LABU TQQQ obviously follows the cues there Hmm Gonna be a lot more that's down that five percent that we let that we uh look for here at this point folks you I'm not gonna do my joke on it But the stock you here at this point dropping off pretty nicely we're gonna put this on our watchlist here you Not you but the stock you come on. That's my joke. All right. So what else we got here though folks you is looking pretty good We have real Man it is dropping off. It's at the low of the day there But uh, you know right now I'll pass on this at least here NVTA down big also. It is at the low of the day respectively too You know, they're tradable. Don't get me wrong Mark cvna stock this had a huge hit from pre-market when the cpi numbers came out I did not exactly recover like neo did did it So this one has a lot more weakness to it at this point in the day I like this trade the cvna is a good short that might just about do it folks I mean hey, there's definitely more that's down. So if there's anything else that looks really good Namely is a short moving with the market. Let me know Michael says doesn't seem like there is as many hard to borrows as usual That's a good sign. That's a good thing at least right now. A lot of them on the loser side are like cheapies that are like a little sluggish Um, wendy saying cmra. So we started off with cmra already. That's still going That was a good call from bob just prior to the meeting beginning here JWEL It's not really trading a whole lot of volume right now, but it's at the highs but I'd rather be focused on something that's dropping off with the market right now folks I mean, I know that we had the cruise lines on our watch list heading into the open So, you know, hey nclh ended up having a strong recovery at first But right now there's not a whole lot going on any direction here up or down Take a look at a couple of the other like name brand companies out there american wise gm Look at it like a twitter GM didn't look too bad as a short Just broke below 41 Rebroke below 41. I should say That could be a decent trade as a short American airlines at the low so airlines ended up looking a lot weaker I should say cruise lines ended up looking a lot weaker compared to airlines heading into the market open But now aal is down over 5 percent. That's at the lows UALs looking really good as a short too So I may kind of just slap airlines on our watch list altogether here at the stage I see uber popping up on my loser scan here from benzinga pro We'll look at uber. Yeah, it's not down really a whole lot. I mean pulling back down a bit But it's obviously not near the lows like the airlines are so those look pretty nice All right last call folks from our side list here etnb still kind of holding in there I'm gonna put this on our main list here right now For the reason that I put it on our watch list from this morning I did not short this this morning I was rather looking for the true bounce the bounce and the run back up So once it pulled back and it broke below support There was really no retracement backup for anything for a potential break back over seven and along from there or otherwise You know just to see a sharper pull back to make a lower high and then a drop It's just tanked So we even said it from the morning at least that hey, what if this wraps out the other way? This could be a good short Well, this dropped off so fast at the market open that it was tough for any one of us to try and capitalize on If this fails to break higher and if this does look to you know Hold where it's at here or if it makes a false breakout over seven This could be a very good short heading into the close like it was at the open So etnb i'll put on our watch list for boat directions to see if this could last over 27 here Or otherwise we'll see what happens if it doesn't Chris getting 41 cents on the cmra trade live inside her trading room. He was in from 319 Nice catch there chris took a while for that support to build but Certainly paid off right? I mean when it kind of just pins itself there it gets a little nerve racking It's like oh come on just pop already come on make your move already and thankfully this thing ended up launching up pretty nicely All right, folks. I think that just about wraps it up for me here inside the live trading room Actually, I should I should not say that just yet actually I got a coaching session with one of our students at three o'clock. I'll be trading with them one on one But I will be back on the mic myself personally here. I'm going to be tagging rich out Inside the trading room at 330. I'll be hopping back on here to wrap things up for us here heading into the close Before I do that I'll be refilling up on my water. That's for sure All right So for all of us in social media facebook live youtube Please keep in mind that we're going to be conducting our closing bell webinar series later on today Go right to our website if you're interested in joining and registering for that event Any questions that you have feel more than free to send me a quick email on top josh at ctutrading.com Otherwise, if you're interested in joining our live trading room That is just go right down to the link on the yellow banner below right there on the bottom of the stream To get yourself started for uh michael mike Lita chris nina and all of us inside the live trading room I look forward to talking to us coming up here later on this afternoon at 330 Come a cyber group member today Just click the link below and receive all these amazing products and a world of knowledge For just nine dollars