 Good afternoon, separate traders. Welcome on back here this Wednesday, May 25th, shortly after 2.30 PM Eastern time. Welcome on back here for our afternoon meeting. Great to see all of us live inside the separate room. Leda, Patrick, Bill, Felix, who's been doing pretty nice today himself. Bill also doing pretty nice himself. Norman picking up some money early. I feel like all of us are having a pretty good day like live inside our trading room. Great to see all of us back on social media as well, Facebook live or YouTube. When the markets are pushing up like this, we can't complain like, right? It should be a good all-around. But again, like I said yesterday, today's provided just such a great opportunity all-around, up and down either direction. Right now, we're actually coming off the Fed minutes meeting here. I didn't pull up all of the big headlines coming off the minutes meeting. I don't want to talk out of pocket because if I pull up the headlines here. So FOMC minutes meeting obviously ended up concluding just a moment ago at 2 PM Eastern time. Actually from class, we were looking forward to this here at this point. But the headlines coming off it basically saying, although overall economic activity edged down in the first quarter, household spending and business fixed remain strong. So with that, a couple of other headlines. The invasion of Ukraine by Russia is causing tremendous human and economic hardship, which obviously I feel like we all know. The committee seeks to achieve maximum employment and inflation at the rate of 2% over the longer run. So these headlines ended up generating a big reaction within the market. The bigger talking point is this. Let me ask all of our students this very quickly inside our live trading room. I say quickly because we have class coming up at 3 o'clock. What's our whole philosophy here at Cybertron University? Like I asked in class even, I know Chris was in there, Gene was in there, a bunch was Bill. What's our whole basic philosophy here at Cybertron University? I love how Chris abbreviated it from class. Follow the big money, right? Follow the money, follow the big money, absolutely, right? So with that, how do we follow the market coming off the minutes meeting? We don't know what's going to happen. We have to react to it. So with that, one thing that we did actually recognize right before the minutes meeting, we actually saw this prior. Fortunately, smart money could show their hand if we're able to identify it on level three or level four. So on level four, one thing I ended up noting was that we ended up having a bunch of selling, a big red dot on book map level four. It was on the spy right off of 394.42. There was big selling there. And coming off the minutes meeting, we saw a pop up. It was like, okay, maybe other things are going to look good. But then we ended up having a huge shake down. It broke right under it. And that's where Patrick and I inside the live trading room were saying, hey, this looks like it's going to be in short. Very volatile market as you could see. Ended up pushing back above that price. And I'll draw the line there actually pretty briefly. But nonetheless, hey, if that's not going to act as resistance, then we have to improvise. You hear me say that oftentimes because we don't control the market. So with that, once this ended up beginning to break back over 394.82 right here, once at that point that you look to begin to flip the script at least temporarily, if not across the whole remainder of the day. So with that, I ended up doing that. I was calling out AMC initially as a short. I ended up doing all right on it. I could have done better. But I was expecting more of a drop. So it squeezed back up and I took like a small profit like 6.7 cents on AMC short. And then from there, I flipped it long. I didn't even have the best entry on the long side of things. But in right now, in from 11.36. And with that, we're looking for a big squeeze up on a few of these trades. So BKSY on the screen here to begin. I'm going to confuse that with B Sky. But BKSY ended up making a big pop for us earlier today. Needless to be said, we're going to put this on our list to start. It's just at the highs right now, making a move up towards three. One interesting note on this trade, if anything, folks, we ended up seeing a big iceberg order on the ask right off of I think it was 288. I wrote in the chat board there. That order got pulled. That order did not get filled. That order got pulled. I think he got placed higher. But I don't know if he was trying to drag traders into it up higher and then to smash it down. So, you know, right now it's making a bit of a lower high actually snapping back down a bit. So be careful on this. But definitely for right now, the BKSY will just, you know, put on the list to begin. Alright, let's go right from top to bottom. Otherwise, though, I would expect the markets to like really continue to coast into the afternoon, folks, whether, you know, stumbles here during this meeting. I would expect at least by the time the market closes, just based off what we had happen here for a pretty strong close. So we'll see. But, you know, let's keep it going for right now. Number three, STON, stock BGFC years of GP. This is a buyout, I would assume. I mean, to click on it if so. Yeah, GNCA, I mean, to click on this. GP, I got trapped in that. HMLP, this one also is a buyout. You know, so a bunch of buyouts, a bunch of GPs on the top of the list to begin. Not really as particular about those. The MICS trade, I don't know if my charts are working as much now. I know that when I was subbing in for Fausto for the morning meeting, it wasn't. And yeah, something's going on here. I don't know. Looks like right now, though, the MICS, for what it's worth, my five minute chart is working, whereas this morning, actually that wasn't working the one minute was. You know, this is inching up a little bit here. I'm not so particular about it, even if you're able to trade. Like, I don't know if I'm able to. But yeah, for right now, nothing really to standing out on this one for me. The CAL. Let me zoom in on the chart here briefly. Nice little bounce off of, you know, 2590-26 there. You know, a little slishot, but volume kind of winning back down here. So I'm going to pass on it for right now. Now, we get to the Reddit stocks. Like, you know, I mentioned before AMC. And with that, you know, GameStop here ended up making a huge squeeze earlier today. So, you know, I don't know if this is going to be long-lasting, if this is going to last today into tomorrow into Friday, or if it's just for this afternoon or what. But yeah, GameStop and AMC in particular. I'll put both of those just on the list for right now. AMC. Let's see on this right now, 36. I'm definitely looking for a higher high at this point. You know, my stop is set. But, you know, definitely want to see this make the push up towards 1180 a lot sooner than later. I feel like there's no reason to not think that it can't hit at least 1180, you know, perhaps even 12. But, you know, we'll see what happens here. Just follow this right now, though. It needs to make the push, though. Like I said, pretty soon. I wanted it to going into this meeting hasn't exactly happened yet. So, you know, we'll see. Right. Groupon, GRPN. Nice slow, steady push up for this afternoon. Slow doesn't mean that it's not a big. It's up 21% right now on the day. But, you know, ran up beautifully earlier before and then just started to coast. Only until now is it beginning to break higher. You know, the issue on this stock, if anything, is just that it's kind of on thin volume right now. And if this really begins to get a lot more volatile heading into the close, the spreads are going to open up more. Order book is going to thin out more. So, just be careful in that regard. But, Groupon, I'll put on our list here. I'll assume resistance off of 14. There's no real iceberg order showing there. But, you know, perhaps some refreshing at the level once it gets tested. I'm going to keep it going. A-I-H-S. Pretty spotty stock here right now. Red box. RDBX. This one ended up making a nice push for us once again this morning. And then, even right now, it's just still pretty tradeable, right? Moving on up pretty nicely held around 587-590 area. Then, made a higher or low and pushing back up for right now. So, yeah, I mean, I'll definitely put this back on our list here. It's hard not to. It's one that we've all done really well on here as a team. I'm not just saying myself, but most of our students, if anything, you know, picking up 20, 30 cents a pop at least, you know, on the stock at times, just dating back to the last month, it's done really well. So, you know, it's gained our trust in that regard. We know the stock could make a pretty big move, you know, should the stars align. So, for right now, we'll definitely put this on our list. All right. Quick order break. Let's see what else we got here for right now. The max or stock I see here, MAXR, it's kind of thin volume, $28, $29 stock. It's like not really doing a whole lot right now. Yeah, over stock, which I know is like pretty thinly traded. So, reluctantly clicking on this right now, you know, it's moving up pretty nicely. But again, spreads are going to open up even more than they are right now. Ordered book is, you know, pretty thin, like I assumed. And yeah, for right now, I'll put it on our list here, kind of same line of thinking as Groupon, but not a level one stock here. If you're like more of a new student joining us here, you definitely want something that has a more liquid order book to follow. Just because it's thin doesn't necessarily mean it's going to make a bigger move for you to, or even easier. Oftentimes, it's harder. So, you know, just keep that in mind. This is definitely more of like a level three-ish stock, if anything. Yeah, big BIG, not BBIG, but big LOTS BIG. Ended up making a nice pop earlier today. And, you know, hey, again, you know, it looks tradeable, but order book is just really thin on this one, too. One that I know the order book won't be thin on Party City here. Ended up getting crushed about like two weeks ago here. We saw this down like over 50%, and then only continued to drop off. So, I'm sure at some point in time, the shorts will cover. The party will be back on for this trade. Yeah, right now, it's like making a little move, but nothing too impressive. All right, so let's see what we have on the loser's side for right now. I know that there are a couple of others from the gator's side, perhaps, that we could have clicked on. You know, hey, if there's anything else, make a really big move upward right now, folks. Just type it in the chat board. Let me know in advance. You know, topping the losers list here, VRCA. I know Fausto covered this earlier in the morning meeting, or not Fausto myself. Geez, you know, we covered this earlier in the morning meeting here. You know, we ended up seeing this gap down early on, but, you know, nonetheless, it didn't make as impressive of a move as we expected it to. No short squeeze, no temporary dead cap bounce on this one. Ended up dropping off as soon as the market opened, and then from there, continued to pull back. But, you know, really hasn't gone anywhere since. It's been in this kind of tight range for the meantime. So, you know, right now we'll pass. I don't know, nothing really too much going on for this one. It's tradable, but TWOU is at least showing better direction heading into the late or late morning, early afternoon. Ended up breaking down, and we called this one out a little bit later on. You know, it was kind of like towards 1.30 Eastern, where we ended up seeing this begin to squeeze back up off the lows. So, you know, you look for the lower low at that point. We got it, but, you know, it's kind of squeezing back up right now. Nothing really too special about it here, aside from it being down 16%. If it was, you know, much closer to the lows that it just made, then, you know, I'd anticipate a much better short, you know, just because it bounced here, it doesn't mean I'm expecting a huge dead-cap bounce. That's that. So, right now we'll pass on this TWOU trick here for right now. Folks, I think that just about wraps it up here. I don't really see much else on the loser's side. That's at least easy to borrow or anything that's like trading good volume. So, you know, more on the way up, just coming off the minutes meeting here, like I said, I'm expecting a really good close for us at this point, especially after that big selling level actually held its support here. So, if there's anything that looks good on the way up, type it in the chat board. Just, you know, let me know here. All right, got nothing from the trading room so far. A few of us on YouTube right now, Francia saying, BKSY, yeah, it's already on our list there. That one's looking incredible. We started this meeting off by going over the BKSY for right now. So, you know, it's on the top of our list. It's still, you know, moving on up to three. Bobby asking about the Chewy trade on YouTube. Nice move up here. Yeah, it's up over 6% for right now. And, you know, this could be like a meme stock, a Reddit stock. You know, I feel like anything could be labeled as one of those, you know, don't try and even put up an effort to, you know, figure out if one's meme stock or not. By the time you, you know, look into it, you're going to miss the entire move. If they're talking about it on that Wall Street Bets Reddit channel, you know, that channel has, and I haven't checked the numbers lately, yes, I checked. It was like 12 million subscribers or people like following that page. It's like having 12 million people in our live trading room. You know, we're already on top of everything here in this live trading room. So, you know, listen, if something is moving and they're going to talk about it there. You know, so I kind of label them as the meme stocks because back in, you know, last year, early last year, AMC, GameStop, Bobby Jay, that bet beyond ended up running, you know, Express, you know, all those were running. So we kind of tagged them together as like, oh, the meme stocks, you know, chewy, I'm sure is one of them. It's making a pretty nice move right now. So good call from Bobby on YouTube. All right, folks, I think that just about does here. That wraps it up here for us, right? It looks like a little bit of a top being built on the spy for right now, but I just say it's kind of holding strong right now. It hasn't shaken back down just yet. So, you know, the more of this it does heading into 315, 330 Eastern time. You know, we're looking pretty good then for a bigger pop heading into the close. You know, if I'm wrong with that, then let's just try and react to the market, right? Like I said before, so, you know, I was initially looking for a further drop. We had it, but then it slung right back up. So you got to improvise and follow the market, follow the big money at that, folks. All right, for all of us on Facebook Live YouTube, I appreciate you sticking with me each and every day, each and every afternoon. I believe maybe wrong, but I believe that Fausto should be back to call up in the morning. All right, so any questions that you have, feel more than free to send on over through email josh at ctutrading.com. If you wanted to join us inside our live trading room, that is go right down to the link on the yellow banner below just to get yourself started for Chris and Michael and Pete and Bill and Leda and Ron and all of us here live. If you wanted to join us coming up in class, the phase one stock course will finish up today talking all about news, you know, not just where to get the news from, but how to react to the news. So, you know, pretty interesting day coming off the Fed minutes meeting here. So, you know, at least, you know, I look forward to this class coming up at 3 p.m. Eastern time. If you wanted to join, just click the link right in the trading room. All right, folks, I'll talk to you all soon. Take care.