 All right cyber traders good morning and welcome on back here to a brand new week inside our live trading room this Monday, July 11th Great to see Norman Grant Bryan Kathleen Henry Bob Mark Wendy John from before all was just live inside the trading room Great to see you all there great to see all this back on social media Facebook live in YouTube. Once again My name is Josh Levitin take Levitin tagging in for Fausta this morning I think he's gonna be back if not tomorrow, then I believe by Wednesday this week But you know hey, we have a very busy morning ahead of us here folks not just with you know brand new week within the market There should be a lot moving Not just to say that but also I know that you know later on this week We should have the July inflation the CPI numbers come out So that should lead to some pretty big moves within the market collectively this week And then like I'd said before you know before I started this meeting actually for all of us inside the live trading room We have the phase one stock course beginning today, so we're gonna restart the curriculum or continue our curriculum I should say begin the phase one course this morning at 10 30 this morning We're gonna look to go over more so like the volume related tools that we look to trade with so that meaning level 2 We'll start with level 3 not as much level 4 book map at least within the phase 1 course We'll do that more than the intermediate course the phase 2 later on next week We'll introduce level 4 then likely and really dig into it the horizontal orange and red lines the dots on level 4 book map But you know this month we're gonna really dig more into the volume related tools that we look to use But with that PLRX making a really nice move this morning ended up making a strong pop early on from like 10 It ended up gapping up and then it pulled back down and bottomed out exactly right over 10 And then from there ended up making this beautiful run up since so you know that's easy to say But this stock actually had a pretty thin order book throughout the pre-market So you had to be pretty disciplined with getting the right entry at the right time Otherwise you could deal with a nasty shake like you ended up just seeing shortly Going into the nine o'clock move there ended up you know failing to break higher and even if it does break higher That's not a guarantee of a continued move up That's where you see a false breakout and see the same result as you just had there ended up just failing to squeeze up And snap back down so with that I mean hey it's recovering here But you don't want to be stuck holding on because you don't know when when it's gonna look to truly reverse and really begin to drop off that much You know sharper on the way down so at least to say the news out on PLRX this morning. It had to do with Let's say I want to get the pronunciation right how about this PLRX shares trading higher after the company said its treatment for idiopathic pulmonary fibrosis Was well tolerated in a phase 2 a study There we go. So nice little headline there led to a great reaction so far now The thing is on this trade if you just look on on the daily chart the weekly chart or the monthly chart either way There's not much support historically You know you see a little bit kind of like based off the lows here around like 19 ish He may be like 1950 maybe as high as 20 So, you know, that's pretty far away from where this is trading right now Is that a guarantee for it to make a move up there later today? No, but it's a nice plan You know it's something to think about should be happen to see continuation later on or after the open I know this could easily dump off and come right back down history has a tendency to repeat itself for us So for as much as it dropped over the last year year plus Once the volume dies off on this stock look what just happened before So, you know, you don't want to have that happen at the exact highs and for it to really come back down That's what I was just saying a moment ago. So with that, I'll put this on our list Hopefully it does make a stronger push-up, you know throughout the morning gets closer to that like 19 ish 20 ish area All right, but um, you know, I'll tell you what I wanted I want to make sure that we have enough time for a class later on this morning Make sure make sure that our students have enough time to you know prep up and make sure they're good to go for the morning The the market open here Let's just go right from top to bottom at least we had a pretty active pre-market here The tblt trade was another one that popped prior to the morning meeting at least here ended up taking off from two up Towards three ten then from that point pulled back down. So, you know, pretty flat here heading into the open You know, this is where I could at least say that you don't want to get stuck holding on to any position from pre-market into the open It's definitely possible to see another pop But you know and this gives you the chance to reset gives a chance to kind of sell and you know Just take profit if you're able to catch the initial pop, but you know, otherwise here. Hey, we'll look to follow this after 9 30 Looks like it's just gonna begin to pull back a little bit further. I'd imagine first You have a support level here at 254 you would assume 250 to be a big level But already at 254 there's about a 25 26,000 share order on the bid So that's your compliment 250 if anything pretty nicely there All right, let's keep it going here You got a bunch of cheapies on the top of the gainer side here Now I did see some pops earlier on d-wack and fun. I did not even check the news out on them this morning I just put them on the watch list and right away posted the book map links the level for HTML links for all this inside The live trading room, you know, I always look to do that, you know Just first, you know, we always tend to follow the big money the volumes so that that always it takes top priority So let's see news out on d-wack and fun this morning These two stocks are affiliated with one another under the Trump truth so social merger deal So I think it's just a reaction off of just simply Elon terminating his deal of Twitter. That's all that there is nothing really Specific with d-wack or fun that came out news wise aside from just saying it's moving in sympathy or moving inversely So to say with Trump with a Elon backing away from his proposed Twitter deal So I was gonna get to that later this morning. Anyway, I had a feeling that was the case It was just more correlation with that. But nonetheless, I mean, hey, if they're active in pre-market, they should be active after the open So I'll put them back on our list here d-w-a-c Ph un those two at least to begin There's another one that's affiliated with those two that move, you know at times But I'm not gonna look at that one unless it's a really make a good move You know, so these two should be pretty tradable at least D-wack, I would say we'll have a very thin order book when the market opens up Used to be really liquid but man, I'll tell you of late just I guess a lot less volume traded on it of late You know, even if it was moving up or down just to say like just less volume equals less momentum And we've seen a lot less volume on the order book for d-wack fun. You happen to see just right here It's very liquid tight spread You know just thousand share orders at every price so that will kind of continue That's more of like a level one or two stock as we would categorize it So, you know, hey these two I'll put on our list here as well Yeah, the MULN stock at least after eight o'clock this one ended up making a pretty nice move Going into a 30 right ended up popping and then making a nice steady trend up off of 120 121 Most recently this ended up holding over the VWAP to try and lead to another push-up It has yet to do so so, you know, just be careful if it fails to do that You could see a shake back down here pretty quickly But you know MULN I'll put back on our list here as well Just seemingly, you know looking to be pretty active again this morning a lot of pre-market volume being traded on this one So, you know, again, that's where we hope to see this make a faster pop or at least better move once the market opens If not right away, then give it the first 15 30 minutes Then you look for that true direction at least afterwards. All right This UXIN has been teasing us all morning, I feel and it's still like grinding on up But I thought this was gonna make a better pop after eight o'clock I didn't I don't think I'd put this on the main watch list at the time But I called it out saying it was you know over testing Friday's high from last week So with that it popped above it or grinded above it rather, you know, hey, it's up over 12% now I'll put this on our watch list going into the open But to be transparent with you personally if you if you're asking me what I'm watching going into the open It's the PLRX the MULN trade myself and then one of my sideless stocks So hey if TPLT makes a really good move after after the market opens and one of us inside the trading room calls it out Or UXIN for that matter here or DWAC or fun Then hey if I'm not in a trade then I'll jump to one of those But if you're asking me what I'm starting off with personally right at 930 It's the PLRX and it's the MULN trades myself and then one of my sideless stocks So you know this one's still pretty active and hopefully this does make a great move after with every reason I'm going to put this on the main list and again if I'm not in anything and one of you folks calls this out right away I'm going to jump over to it myself It's how the trading room works pretty much right our DHL not so much here This one very flat made a nice pop in pre-market dumped all the way back down All right, I think that's pretty much it here for a Monday folks Maybe because of the inflation data coming out the CPI numbers coming out later this week I think that's on the 13th We should happen to have you know, it's a little hesitation before that But then once that comes out then we should see some big moves within the market within crypto of course with that So we'll say markets, you know, obviously gap down going into the morning here today And I last I checked on the spy. They were testing Friday's lows already So I don't know if they broke lower from from that point from where I left off on it Cold natural gas ETF ended up making a nice steady drop at least after eight o'clock So, you know, I can't short this myself, but if we happen to see a bounce on this trade This could be a pretty nice one to follow if you happen to do well on ETFs Consistently or follow ETFs more so than anything then this is definitely a good one for you to watch going into the open If you are not someone who consistently trades or follows ETFs like on a day-to-day basis Then I think there's plenty of other stocks. I'm putting on the watch list here that you should follow yourself more, right? I'm saying the same myself on that, right? I'm still going to follow plrx and you will end at the open personally But cold, I mean doesn't get better than this downtrend at least So, you know, if there is a nice bounce later on then that could be a nice trade for all If it is shortable for you on your platform, then even better All right, what goes up comes back down Fausto often says twice as fast not always true But that's more of a joke than anything, right? That's the more of just like kind of rule of thumb like just to say, you know You don't want to get stuck holding on to a losing bag because USEA here We ended up putting on our watch list from Thursday and Friday of last week and you know made some good day moves for us back Then but ended up closing red both days and obviously, you know pushed off going into the pre-market here this morning down over in year 11% now You know so right now. I'm not as keen to follow this year. All right We keep it going. We keep it moving here tied same thing same thing on this is the USEA trade. I Don't know. I even clicked that to be honest with you Mara drop it dropped off at the market with crypto with Bitcoin. So down your 7% If you could short it maybe but it's a little flat going into the market open albeit it's kind of like, you know dropping off a little bit lately the last few minutes, but I Mean, I'm sure right. It's making the same type of move. So I don't know I like the the ones on the gainers list a little bit more unless if there's anything that's shortable that I mean again Well, hey, we just talked about it, right? Twitter so long side d-wack and fun which are moving based off of Twitter Twitter moving because of Elon backing out from his deal Officially, so I don't know if there's gonna be an official lawsuit filed, you know on him for that or whatever the case may be You know that that will lead to a new reaction on Twitter This will just be a stock to follow ultimately for the next several months It has been already right it has been we've had this on our list frequently with that But you know even now more than ever So just because Elon backed out of the deal that doesn't mean that Twitter is gonna, you know not really be a volatile stock It's gonna be even more of a volatile stock now than ever So, you know, I'll put Twitter on our main watch list. I don't have my book. Oh actually let me check I might have it actually open from Friday last week. Yeah, I do. All right. Give me a quick sec I'm gonna bring up book map level four on the stock. All right. Give me a quick sec little bad radio here for a couple seconds here, but Voila, how about that? I got book map level four here for Twitter this morning You could see a big iceberg not just that were not only to be assumed at 35 There's not one there right now But you would assume resistance to be at a whole number like 35 $5 incremental level here as well, but Look what's been there since at least a 30 a little bit afterwards 1415k order sitting there, you know 3515 now is that gonna be that big in the grand scheme of things? Well, it's the biggest one out there in pre-market so far. That's currently out there at least for right now Up until 36. That's pretty far away So, you know, I would treat 3515 as a pretty strong top at least for right now heading into the market open It will be it'll be a nice complimentary level to 35 whole number So we got Twitter at least from the loser side on our watch list Beke could be one. I think this is a Chinese stock that is just normally tradable on a day-to-day basis Has been shortable on my platform for a little while. It's just a little spotty here in pre-market this morning So, you know a gap down. There's a few different Chinese stocks that are Down this morning like that made a nice gap this morning early in pre-market BILI my Neo I ended up lining up Neo Neo is the third out of my three that I took the time to charge So that's my sideless stock nothing special about it Pretty big iceberg resistance at 2250 currently That's all I got for you You know, hey, I if you'd rather follow fun or Twitter MULN or UXIN or TBLT or any of the others on the watch list Over something like this then I would agree that makes sense Personally speaking I do well in the stocks. So personally, I'm gonna follow it. That's all so, you know, at least for me It's this the MULN and PLRX, but we have a really really good watch list otherwise So if there's something on Twitter that stands out and someone calls it out Like Wendy or Chuck or Norman or Grant or later or anyone else or you know on Dwhack or any of the others I told you I'm gonna jump to it. That's how we work together as a team in our trading room You know as the morning begins Grant right now saying II and in it to 272 now that's been a This stock has teased the ever-living, you know, what out of us over the last like week I mean, let me show you. This is crazy All these pops every one of these pops here took place in pre-market suddenly this one back from Thursday last week Ended up taking place. I think as we were doing the meeting or right before the morning meeting started This one was I think after eight o'clock after 830 Now all of a sudden another big pop here in pre-market going into the market open But look what happened each and every time this thing ended up making a said pop Fool me won't shame on me fool me or fool me won't shame on you fool me twice shame on me, right? So, you know with that I didn't butcher it as bad as a former president pushed it, right? But I and then we'll put on our list. It's a good call for right now How could we not follow this? Norman says I I and N knows about the C2 morning meeting. I think they do their CEO That's funny Alright, well, it's a good call for right now Hopefully that only continues after the market opens from Grant and mark before him and Bobby on YouTube. How about that? All right, so I think that's pretty much it, right? I mean, hey, that's a trio of call-outs from us inside the trading room and on YouTube right now live TV LT is continuing to push up a little bit now at this point. So, you know, that's already on our watch list All right, I think that about wraps it up folks So we're gonna put out the watch list in just a moment or two for all of us inside the live trading room And for all of us in social media, we'll look to you know post that just in a bit for all of us in social media Fausta will be back. I believe if not tomorrow then perhaps on Wednesday Just I'm gonna post my email here at the end of the stream like I always do so any questions that you may have Send over to Josh at C2 trading calm Any questions or feedback or anything to do with our meetings here our live trading room our call-outs our education with stock trading or crypto trading Let me know If you wanted to join our live trading room That is just go right down to the link on the blue banner below the stream right at the red the bottom there to get yourself started But for Brian for later for Grant Wendy Norman and all this just live inside the trading room right now Like I said, I'm gonna post and tweet the pics that I'll be back on at the opening bell Just to do a full hour of audio commentary. I'll talk to you folks then take care 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