 All right, folks welcome on back here and to close out our week this Friday morning October 13th Of course you could tell by the ugly mug. This is not Fausto. This is Josh tagging in once again for him So great to see all our students and members alike Jorge or George I should say Michael Richard Lauren Michael Brian and all our students and members trial members included alike inside our live Trading room great to have all of them there great to have us back on social media as well Though if you're joining us on Facebook live LinkedIn Twitter, etc Bill says I need a shave. I tell you what I look like I got a 16 year old 15 year old when I she when I shave So I got to keep this going Bill. It's a nice slight scrub, but we'll keep it maintained at least But hey before we start I wanted to ask everybody all of our students what we were up to for this upcoming weekend It's a slow pre-market. So I figure I start off by asking all of our students and members inside our trading room What are you up to for this weekend? Do anything fun or what George says hiking in the Nevada? Ruby mountains with two of his kids very exciting George Of course they safe but have fun most importantly there Michael says baseball Richard says nothing exciting plan Just a little relaxing. You can never go wrong with that Lauren one of our new trial members says going to a cottage to close it for the season. Okay Brian says wrenching on the hot rods fixing his hot rod. Maybe the old mobile there Brian bill says Snow in the mountains last night hiking and snow shoeing he says Barbara says at the NASCAR race in Las Vegas No surprise since I know her very well. She she goes to the NASCAR playoff races there John says football golf and another University of Georgia win. There we go. So hey if you're joining us on social media We hope that you enjoy your weekend as well Like I said, it's been a pretty slow morning in pre-market when you open up your platform and Number three number four is up like five percent six percent the most You know, it's not the most active out there So it took a little while for us to get a nice move here this morning This sassy trade s asi sigma The additive solution whatever the hell the company is led to a big pop From 250 up to like seven and change you could see there. Let's pull up level four right away Let's just pull up level four book map. I'll reset this. You're actually making a little bit easier on the eyes Sometimes I like to set my book map a little crazy. So here. This is what it looks like right now It's still not the easiest to read honestly if you're looking at these orange and red lines to go across the page You know, it looks like there's something out there currently at 660 It was out there since like 845 in the morning just prior to that But when you look at the order size, it's really not impressive like 3,600 shares at seven There's like the 4,300 shares that that's 660 price that I just referenced They're not big orders out there. This is probably a super low float stock trades me crap volume day to day Like prior to today even like this week the stock was trading 20,000 shares the most it looks like 25,000 shares the most. So yeah, this is going to be a pop and drop It's going to be a low float disaster Let's just take a look and the reason I describe it that way is because you take one look at stocks that we traded this week tpp tb P8 tps t is b pth losing track of my stocks and all the others that we traded over the last two three days It'll crash back down right and you know opg and all the others from yesterday So s asi the reason I bring this up It has a 610,000 share float. That is how little of a float this stock has You know, everyone kind of has their own definitions for what like low float is So we're always trading a low float stock here in c2 But we're not trying to hold on to that trade and we definitely want to get out sooner than later So for this s asi this thing is extremely thinly traded extremely low float Be careful. It already popped up so much already granted if we see a higher low build, perhaps like we're seeing here Now there's a case to see another run, but once we get a lower high That's where you got to be careful for the lower low and then that's where that's going to crash really badly So again, we'll take a look at a couple stocks that we traded from this week even just to prove that point You know just look at seco seco from yesterday. That's another one. What goes up comes back down And i'm not even talking here. I'm talking here I'm talking here. There is the other one the opgn trade that looks even worse So don't get stuck holding that sassy trade or whatever that s asi is. Look at this. I got halted God knows how many times on the way up yesterday. This was crazy to watch I had no part in this trade if I was in from a low price then perhaps you could hold but When it reopens up and instantly gets halted again, there's literally no room in between for you to jump in So yeah, it was fun to watch but then it was actually also fun to watch just on the way down So long as you were not in it. So yeah, just point being the sassy trade. Don't ruin your week Don't start your weekend off on a bad note holding on to this We'll put this on our watch list. We'll put this on our watch list certainly for the open And we'll see if this can make the higher low higher high first All right So what we will do though is just really go from top to bottom now the bpth trade At least that was one I referenced from earlier popped yesterday in the after hours didn't get the higher high yet Still holding basically under a dollar I'll put this on our list too though It's a stock to be actually have traded in the past like over the years If you're a longtime student of cto, which we have a number of us with us here this morning See larry. I see brian kathleen had later had the birthday guy grant from earlier this week So bpth this stock we ended up trading over the years probably like four or five years ago, honestly Yeah, look back in 2019 this giant spike up and down on the weekly candle This probably took place just on one day one or two days You can see back in 21 a smaller you know pop to that degree Again, if this can make a fraction of that type of move, it's a home run for us this morning It's already up 131 percent Uh, you know, perhaps from what we've seen this week. Could it break higher? Yeah, it could That's why we have the sasi on our list to at least begin So bpth same deal low float once it makes a lower high be careful for the lower low But see if this couldn't break higher at least at the open Now if I say that about these cheapy stocks that are like a dollar that are like five dollars You better believe I'll say that about a stock. That's like 20 dollars. I don't know what happened to this stock This morning. I got a little time. Actually, I'll check the news I don't want to just be totally ignorant But it normally we don't care as much for the news Well, at least take a look to see what popped e h here So e hang wins types or take a fit for I guess whatever their uav system is issued by civilian aviation administration of china So I knew that they were a chinese stock to begin with But it looks like they had some deal just with I guess major department within the government of china And led to a big pop initially but again much like the other trades actually one thing I know about this stock Let me just go back to my trusty scanner Not as low as I actually thought it's still relatively low, you know, 40 million shares It is still pretty low that number. I thought it was gonna be a lot less So it's still to my eyes a pop and drop stock, but you know, we'll add this to our watch list now at this point for the open I didn't want to put this on the pre-market list because a it popped and dropped and that was it But you're gonna have a lot less volume on the order book and pre-market at least compared to the open So I'm hoping that we get, you know, a lot tighter of a spread on this trade at 9 30 If we don't get it then we'll scrap it from our list, but we'll give it a shot at least here first All right, so we had the rdhl trade also on our pre-market watch list I was hopeful to see this pop. It was like inching back up prior to the 8am move Slam back down So, you know, it's not really around that one dollar threshold that we normally scan for that We normally put, you know on our watch list I wanted to see if this would go, you know, be like that TPST trade from earlier this week Obviously it didn't do it So I'm not going to put it on our main list now at this stage if it pops then we'll call it out But right now, hopefully there's just other opportunity that we haven't seen yet OBLG much like the others out there pop and drop. It's your christmas tree formation right there VS basically same deal from the morning up and down it went GFI is this a gold stock? Yeah, gold fields Uh, this little pop-up. I saw a nugget up early this morning grant probably a happy man with that in mind gold gold mining stocks up I'm not like jumpy to put them on the main list just yet though I'd want to see like even more activity out of them. This is an ETF TMF here a treasury I'm pushing up a little bit, but the book map is going to look awful for this one. I've seen it in the past All right, so in just like that we're kind of like at 5% right? We're already at 5% here this morning current time is 910 We're making good use of time. So if there's anything else looking good folks up or down On the way up we'll hop over to the loser side next but on the way up if there's anything that I missed type it in let me know Hop over to the loser side here. See if there's any good shorts We had a we had a couple really good shorts yesterday actually Let me move my webcam in the trading room up a bit All right, so just really quickly to recap actually yesterday in the afternoon a couple stocks just on the loser side Holy smokes this thing took a huge hit. Let me go back to the one minute chart But this pmvp trade breaking all-time lows going into the afternoon this thing just kept sinking for like a two three dollar stock It's not as often that you get a great short into the close like that Especially for a stock that's easy to borrow let alone hard to borrow and you can't get the shares So, you know, this led to a really good drop off in the afternoon We had it on our watch list for that specific reason, but it wasn't just this it was pmvp And then it was also another one Rvnc this one slowly trotted lower into the close breaking all-time lows too So, you know, that is why we hop over to the loser side We want to see if there's any good shorts going into the open going into the afternoon This is I guess down four percent, but trading like no volume this morning So, you know, this will be on our side list at least though All right, so om down over 40 took that hit in the after hours and you know breaking a little lower this morning in pre-market It's easy to borrow, right? I mean it would be ignorant for me to not put this on our watch list It's cheap. It's easy to borrow. Hopefully the order book fills in a lot more at 9 30 You know, it's pretty thin out there right now Probably gonna have more eyes on, you know, stock moving up Then there are eyes on a stock moving down, especially in pre-market I'd say that too so at the open I'm hoping to see the spreads fill in a lot better on om and the others out there Sgh you could say the same thing on this thing just a little spotty on the chart But took a huge drop in the after hours I mean if we get a lot that looks like this, then I'll just kind of keep them all on the side because You know, I want something trading even more volume like we just referenced, you know, something that has good spreads good liquidity I mean, there's actually a decent chunk that's down that five plus percent here I really see much that like stands out as like a known name though Like brand name stock familiar name phio not a brand name stock but stock from yesterday I just wanted to show this or Am I losing track of my symbols here folks? There's another one. I thought it was phio. No, you did ball on this phio. What was it from the other day? I'm losing track here seeing how to pop and Let me go back. Oh, I might need to set the number of days back. Yeah, that's it. Okay Pardon me there. It's been a long week already. So yeah the phio We did pretty well on at least going into the afternoon big pop up, but then Obviously another drop off. So just wanted to show that All right, so hey if there's anything else looking good folks on the way up on the way down also Let me know here in the chat board. I didn't want to just start tossing all these stocks that are easy to borrow on the loser side JD another one. It's easy to borrow but bouncing back up a little bit here. We'll keep this on our side list as well HR my Not much happening there either. So the only other one I said maybe to his sgh at this point We don't have a big list. I'll slip this on there Richard saying Sabbath tanked after a recent report by the city university of new york implicated a long time Collaborator of the company and scientific misconduct related to 20 research papers It's down 30 at the moment. Oh, yeah, I guess I didn't wow. I didn't click on it there at first So that is pretty pretty ignorant of me. I saw it hard to borrow I just kind of skipped over that actually is a very well known name for us here in our live trading room So yeah, so it could big drop yesterday, but already bounced up quite a bit Uh, you know what? I'll keep this on our side list for right now I really appreciate Richard posting the news on that because I wouldn't have even looked at it otherwise So I'm going to write this down for our side list. We'll make the the B list for right now, but It already bounced back up if it was closer towards that that low where it had dropped down to I'd say it could be an even better short into the open No guarantee it's going to pull back there at least at this point now If we see lower highs lower low, we'll look to call out the short though. All right George saying gold silver miners popping pre-market. We saw that just before so those are you know on our side list You could say as well too like nugget jnug NEM that's another gold mining stack. All right till I didn't do my hair this morning So all right Richardson UAV unmanned aerial vehicle. Yes, that was correct abbreviation there Brian saying TPST right now, you know, that was in pre-market, right? That was before eight o'clock But it was down like three percent four percent still from yesterday And when a stock makes the second wind type of move like you saw at least prior to eight a.m I was very skeptical of continuation So you might have asked like why did he not put this on the on the pre-market list? The trend looks incredible prior to eight a.m But given how much it popped and dropped yesterday or the day before I thought this was just your second wind type of move and with that I wasn't really expecting much more after At least immediately at eight o'clock Perhaps now since this is starting to rev back up a bit again here Maybe maybe I do put this on our watch list now looking for the higher high That TPST now again if this fails to break make that clean break that we want that higher high Watch out run for the hills because this already made this move up earlier in the morning and dumped off history will repeat itself So, you know, if you get stuck holding on at least any longer than you need to it's going to be pretty ugly All right, so George once again reminding me of the Tupperware lady. There we go Tupperware party made lower highs so You know pulling back a little bit here not really too interested in it just yet But again another one. I'll at least kind of write down on our side list All right, so from Vincent didn't want to didn't want to leave Vincent hanging like like last time, right? So oblg. Yeah, I think that thing was a mess, right? Christmas tree formation What goes up comes back down, but that's been the theme of this week though with all of these trades So, you know, if you could scalp it kudos to you, right? And especially for any of the crazies out there that wake up at four in the morning five in the morning to do this stuff That's not me. I like my beauty sleep. I feel like a lot of us like our beauty sleep here, too I probably need a lot more beauty sleep looking at this, right? So with that said folks, all right, so we're going to finish up here at least for the meantime Chuck saying at the end his sideless stocks, which we'll take a look at those Chuck. Why not, right? Have me not caravana just to take a peek, uh, you know up a little bit, but still very spotty I'll even slip an i o and q there Chuck to Moving up a little bit could be a decent play. We'll keep it on our side list PLTR looking pretty steady. I mean it's up like barely anything, but it's like on a steady Trend up. I like this the most so far out of our sideless stocks Tsll. I mean, hey, if you're trading tesla, you could trade the etf there, right? So my tesla is making a nice little move back up my amd inching back up a little bit There's a lot that looks like this. So out of all of them, you know pltr looks like the best out of the sideless stocks I'd say but for right now, I like the sas i I like the bpth still the om and the shorts that we had on the way down that uh The sgh trade namely uh tpsd also if that could break higher as well So hey for all of a sudden on social media facebook live linkedin twitter youtube etc. Let me type my email here before we wrap But if you have any questions, feel free to shoot me over a quick email or question josh at ctu trading dot com I'll be back at 230 eastern for this afternoon meeting But if you're interested in joining us inside our live trading room, you won't have to see this ugly face as much But scan that qr code if you're fancy with your phone fancy with your camera Just get access to our live trading room a bunch of us joined us from this past week Throughout the wealth 365 webinar. We ended up doing an open house yesterday. Thou so that was so welcome aboard to all of our new members joining us here at ctu Please this is actually a big uh blanket uh statement for all of our new members here Don't look to trade don't look to risk any of your real hard-earned money Until you go through our courses until you learn really how we are doing everything here How how the pizza is made essentially, right? You know before learning how to go through it all it's more or less gambling, right? So you could always do it on paper mode demo mode You could do it on maybe like one or two shares of real trading But we don't want you to trade just yet We want you to observe just see if this is something that you could even do on a day to day basis See if this is something that's even possible to do on a consistent level All right, folks, but otherwise say i'll be back on the mic in just about 12 minutes once the market opens up Let's try and make some money together going into the market opening. I'll fix my hair. Let's talk to you all soon