 All right cyber traders good morning and welcome on back here this Friday to wrap up our week here this October 15th Shortly after nonem as I just said welcome on back here for our morning meeting Of course for all of us in social media as you can recognize. This is not Fausto's voice My name is Josh Levitin I'm the senior instructor here for those that that are not familiar I typically do the afternoon meeting at least at 2 30 great to see later Brian Grant Terrell Patrick skip Zikarius all of us live inside the cyber group room and again if you're joining us today on Facebook live or YouTube Welcome on back. So yeah, Fausto busy this morning He's on a couple of calls and a couple of huge events later on today, including the wealth 365 summit You know, I feel like a lot of us are pretty familiar with the wealth 365 conference at this point They typically do them about what like three or four times across the calendar year If not even more, but it's just to say it's a whole expo of different educators and presenters out there within the industry So well 365 what you could actually do for that. I mean Fausto is gonna be on there later today at 3 p.m Eastern you can go right to the wealth 365 web website summit that wealth 365 comm you could join right away, but Got a nice active morning for us here folks. So don't join right away We got some money to make first and then from that point once you got the time you could step on it But no for the meanwhile, we have the LMFA trade to begin up the 53 and a half plus percent right now I guess you could say making a really strong recovery from this past week I haven't really even noticed the stock up until this morning, of course But really I'm more so talking about to this week's drop-off looking at the daily chart This stock got crushed from like five all the way down at three three fifty We haven't really been that focused on this stock up until now. So let's just take a look See on Benzinga Pro if there's any news out on this stock. I don't really see anything in particular Might just be a natural short squeeze perhaps some of the big guys covering short or you know Some options plays that can affect the stock itself, but no specific news So needless to be said hey, we're still gonna put this on our watch list to begin We don't need news in order to trade a stock But you know if it ends up beginning to pull back break below support, you know This stock has been a bit of a pop and drop type of stock historically So, you know just because it's up in pre-market doesn't mean that it's going to continue to move up We certainly hope that it does, but we'll see what happens on it Brian says the options and today options expiration perhaps for it Okay, so that could you know play a part with the move here so far It's like seven million shares, so I mean that's a lot for a pre-market for any stock let alone this So yeah for right now, we'll put this on our list to begin I do want to talk about a couple of the stocks that we ended up trading from yesterday And then from that point we'll go across the gainers and losers list here All right, so the OCGN wouldn't have found this on the gainers or losers list today But you know ended up making a huge run up as soon as the market opened up yesterday And then from that point it just kept on going ended up beginning to continue to push up over time into the late morning early afternoon Broke up resistance off of 960 from there took off pretty quickly up to 10 Shocked me when it ended up failing or when it ended up not false breaking over 10 It just blew right over that you know level and then continued going up So that took me by a bit of a surprise goes to show how strong the stock was all together now Of course it ended up pulling back going into the afternoon meeting yesterday I was looking for the short and I ended up taking a loss right place wrong time It ended up you know just drop it off maybe about five or ten minutes later into the close one of our students I think it was Charles or Chuck one of you guys there got 24 25 percent site well worth it So you know it was a nice trade early in the morning into the early parts of the afternoon as along It was actually shortable yesterday. That's why I commented on that and it allowed for a little bit of a drop going into the close Yeah, it's hard to borrow this morning But for right now, I mean you know it's trading about a million shares so far in pre-market If we feel a need to come back to this stock by the end of the meeting You know as after we go across the gainers and losers list then we'll you know reconsider But I want to see if there's anything anything that's looking a lot better right now in terms of a trend or move up A and y perhaps you know beginning to pull back a bit here It's up over four percent at least but you know this stock also from yesterday ended up making a really good move You know it took a little while after the open to make the pop But it ended up making a really nice move from 788 bucks broke out ended up making just about a 60 70 cent move up Now, of course, you know ended up kind of pulling back 10 30 Eastern time it topped off at pulled back reversed Going into the close We were hopeful for another squeeze up then you know short lived at the time going into the market open today We'll talk more about Bitcoin at least in the afternoon But you know a and y is a Bitcoin mining affiliated stock So you know I bring it up because it's not just a and y that's up this morning But a couple of the others BTCM, you know bit mining is seven nearly seven and a half percent BT BT all be it pulling back right now. It's still up, you know on a gap up, you know three plus percent Another one here hut spotty chart so far in pre-market up four to four nearly five percent So it seems like a lot of these are moving up Bitcoin Obviously ended up pushing up near 60,000 overnight and we'll talk all about that going into the afternoon at least so you know Hey a and y I wouldn't be surprised if I come back to you know that at the end of the meeting kind of like OCGN and you know Put it on the list at the back end there. I want to talk about I was going to show NR XP next I'm looking at the morning watch list I was going to show the NR XP trade at least because you know that ended up making a really nice move for us at first And then from there completely died off going into the close But you know really what I want to talk about is the tiger trade So this one doesn't look as good in terms of its you know overall move or direction across the afternoon ended up dropping off Really nicely after the open the stock was down six seven percent in pre-market I don't remember the news time just to kind of make good use of time or it's kind of keep going I don't need to know the news as to why the stock is a you know down You just need to follow the money follow the big money So it's just to say as soon as the market opened up unfortunately this thing just dropped off I mean it didn't really even give us much of an opportunity to try and jump in on the short at first Then it ended up giving us that chance once it broke below support at 850 ended up leading to a nice 50-60 cent drop-off now heading into the market open today a quick little tip And I bring this up because going back into the afternoon meeting yesterday. I'd mentioned this Quick little learning lesson here folks because we don't always teach as much here in this meeting And of course inside our live trading room We have traders talk or weekly workshop there But otherwise it's all within our class is the phase one two three curriculum and this is more basic charting So if you're joining us on social media or in the trading room Then this is probably something that you're aware of already just in terms of how a major resistance could create a major support So 760 yesterday I lined up as a pretty strong historical level on the tiger trade now It hit the high here ended up kind of false breaking it after and then once it rebroke at the next time See what happened? So it's simply enough for me to say that you know I was expecting 760 to be a big support level yesterday pretty close At least in pre-market early it ended up spiking down them back up So it's not to say it's that close to it now at this point You know it's back up to 8 but you know what we'll keep this in mind going into the market open again Kind of like the OCGN kind of like the other one there the a and y if this ends up making a bit of a move You know by the time we finish up this meeting then I'll put it on our main list still short of all on trade station at least All right, so we have a couple of other stocks moving right now folks What we'll do is go across the gainers and losers list. We'll see what else we got the LMFA we already talked about I guess we'll check back in on that just to say Not a whole lot happened since but yeah for right now stock is making a pretty good move up towards 550 or Trying to earlier 550 you would assume to be a major resistance going into the market open and 540 is holding right now on the chart too so you know watch level 3 see if there's an iceberg order either of those prices and see which one has the bigger order of Anything, you know the bigger the order the bigger the level you would imagine So, you know, we'll see what happens going into the open on the LMFA trade definitely on our watch list now the SNL Wait rate I remember the last time that we ended up trading the stock because you could see it on the daily chart and I if I'm not mistaken I think I was doing the morning meeting that day to I could check back But it's to say that I definitely remember talking about this here this SNO a trade is just you know history repeats itself So I'm sure at some point the stock's gonna make a giant run up on the intro day make like a seven eight point move up or Something like that, but looking across the last year and a half Look at all these giant red bars what that indicates simply is that we ended up seeing a big move in Market and then by the time the market opened up the stock ended up dropping off Or maybe it popped up at first and then it totally tanked. So, you know, this stock is a Definite pop and drop stock right history repeats itself and I said that back the last time we traded it, you know right here So, you know for right now definitely gonna put this on our main list I don't know the news that came out on this stock and again We're kind of just gonna rip the gainers and losers list right now But for right now the stock dropping off already We'll see if this could find some support some home and then from there for it to push back up Wouldn't shock me if it's right off of seven at first, but otherwise 650 would be you know, you're next your next big level there AI RI I haven't seen this up until right now. So nice cheap stock good spread 23,000 share order on the bid there that's nice All right, why not? It ends up pulling back though after the open ends up seeing more selling coming in on the time and sales Leading into the open or right at the market open then you know then I think there's a good chance I can go the other way, but you know for right now this thing is looking pretty nice Oh, I think what happened was really quick CBD. This is like, you know gap up 16% up 298,000 shares traded five six dollar stock all that sounds good But I don't know I feel like there could be other stocks that I could focus on more here And what I was gonna say was the ABVC trade I don't know if it made a pop or if the AI RI was dropping off I guess more but I skipped over it. So ABVC she be kind of making the same move down as the SNO a perhaps, but I Don't know I mean, you know if this is what the chart looks like right now Of course, I could put it on our watch list because it wouldn't hurt us, right? I mean $3 stock good spread good liquidity. So after the open it wouldn't hurt you to watch it It's not like it's gonna make like a 30 40 said drop-off on a one-minute bar Or at least I highly doubt that For the most part. So, you know, we'll see what else we got if there's a need to put this on our list I've said that a lot or I've said that about a bunch of different stocks so far this morning The TMC is one that I feel more interested in at least so this one ended up making a nice move up after 8 o'clock Like the others this stock is cheap has really good volume on the order book But it's definitely a little bit more active in the trend in terms of its activity on the chart The stock took a huge hit also going back into September October time So perhaps this stock could see a bit of a short squeeze today as the shorts look to potentially cover So TMC, I'll put this on the main one ETCM again Bitcoin Monning affiliated stock and spotty chart Pretty flat trend right now Alcoa pretty name brand stock. It's up 7% I haven't checked the news on Alcoa or really much this morning to be honest It's kind of a lazy Friday from my end But I'm going to check the news on specifically Alcoa because normally Alcoa is like One of the stocks known to begin the next wave of earnings season coming up So if Alcoa is earnings here, this could be interesting for the next few weeks ahead There we go. It's earnings. I'm not going to copy and paste lazy Friday But I'll read at least Alcoa shares trading higher after the company reported better than expected Quarter three EPS and sales results company also announced a $500 million buyback and initiated a quarterly dividend of 10 cents per share All right. Now, you know, this is a little expensive I mean, it's up 7% trading a lot of volume and pre-market, but you know, I wish this was cheaper So listen, I'm not gonna put it on the main list because of price We have a lot of new traders joining us here and a lot of folks Otherwise that you know, you're more focused not to say on like the real inexpensive ones, but 20 and under 25 and under so, you know, don't let this be a distraction to you You know the time that you spend watching this or trading this on 20 shares You know, you could be trading a stock like TMC on 200 shares and making a lot more capital Opportunity costs folks. That's all a scanner's been a pain in my butt all morning. You're doing that. All right Let's see what else we got Alcoa Here's the Bitcoin stocks here hut BTB T riot all in unison right there CENX Aluminum stock. Yep, it's not much happening there There's Mara Love to see him up A&Y at this point A&Y I wouldn't be subpoenaed. Let's go back to it Out of all the Bitcoin mining affiliated stocks A&Y definitely peaks my interest the most It's you know, still relatively inexpensive great volume on the order book I could say the same potentially on BBIG potentially Potentially hut as well and BTB T2, but this one in particular. I'm gonna put on the main list here The sucker for A&Y right now All right, we'll see what else we got on the loser side here folks a good old space about this I actually checked this out with a student in coaching yesterday just randomly and I said to him I'm like, you know Hey at the end of the day on book map on on your level for program Just check out stocks that you haven't even looked at at all in the last, you know 24 hours stocks that you didn't trade you know you'd go back on it review yourself and the stock I randomly chose a space so pretty Coincidental to see the stock down 16% this morning So the news out on space Virgin Galactic shares trading lower the company set the enhanced period for VMS Eve and VSS Unity, I guess that means their You know rocket ships or you know what not we'll begin approximately one month later than anticipated That doesn't sound good and commercial service is now expected to commence in quarter four 2022 So it seems like just a big pushback on what they're what what they had anticipated So it made a big drop-off overnight and into this morning, but for right now, it's making a nice push, right? Pretty decent recovery. I have to say It doesn't mean that I can't pull back down, but you know nice recovery on space at least we'll put this on the main list for sure See what else we got here TRQ short of bolts, you know down big but very thin of volume on the book. I'm gonna pass on this BW EN cheapy. Hey, let's go to this one really quick. We talked about this in the afternoon and to be transparent. I ended up Working on PowerPoint supposed the afternoon. I really didn't trade so what happened to this going into the close It was at the high so we were watching it. We had it on our list It did pull back like I said, you know if it ends up breaking the local support Perhaps could make a nice short, you know, I'm not gonna say this was a nice short because you know We dropped off like 10 cents for a $3 stock, but yes, if anything, I mean, it's still pretty tradable Spotty chart this morning though. We're gonna pass on it at least so far All right, folks I think that's just about all you got from me here so far across the gainers and losers list if there's anything else Updown left right more than 5% that you would want me to check out. Just type it in the chat board. Let me know Got Charles Z in the chat board here in cypher group. He says you made just about a dollar profit No, we'll kind of do some quick math and say about 90 cents on the trade He got on Mara from 44 69 out at 45 47. Nice. Let's go to that one So you had it from 44 69 So maybe a swing or you know, whatever it may be Just got out took profit or maybe jumped in at 8 o'clock either way But ended up getting out the decent chunk of money there. Let's catch All right, folks, let me know if there's anything that you got. I don't really have anything on Benzinga Pro I'll run a quick scan here otherwise, but I think that we did a pretty good job You know, the Bitcoin stocks are on the side list then they're definitely, you know Tradable and volatile in a good way. So, you know, I'm putting a and y in particular on the list But hey, if you're Charles and you trade Mara more frequently Then trade Mara put it on your personal list, you know, if you trade right if you trade BTB T You know, and you make money on those stocks more often than not in particular then, you know I'm sure that you're gonna be more focused on those So there's gonna be a lot more outside of this list that will end up making a bit of a move up or down folks You know start with this list and start with any stocks that you feel really good about from your side list first And then otherwise once the market opens up, I'll jump back on the mic here If there's any other call-outs that I have from Benzinga Pro I'll probably wait on that for till about like 945 maybe even 10 o'clock Again, this watch list is gonna be good enough or gonna be pretty occupied with space and a and y and TMC and SNO a that crazy one and the LMFA and the others So, you know aside from that folks I'll be back on the mic for all of us in social media at least Facebook live YouTube later on in the afternoon at 230 my normal slot if you have any questions for me Please let me know send over a quick email right to my email address Josh at C2 trading dot com For all of us there in the trading room right now Kathleen Brian Grant Charles Congrats again Wayne Bell Wendy Dean Norman and all of us otherwise I look forward to talking to you folks coming up at 930. Take care