 All right. Good afternoon, separate traders. Welcome on back here this Monday, August 22nd. Shortly after 2.30 PM Eastern time. Welcome on back for our afternoon meeting. Let's get a quick sound check collectively inside our live trading room inside a social media Facebook Live or YouTube. Let me just make sure that you folks can hear me loud and clear. Hopefully good to go here and hopefully good to go for a class coming up later on this afternoon. Right at 3.05 Eastern time we'll be continuing along with the phase two stock course. It's great to see all of our members and students collectively here inside our live trading room like John and Robert, Deb, Ron, Brian, Grant, Gene. Great to see everybody here. Perfect. So, let's hop to it. We have the SVRE stock on the screen. Hopefully you could see that. This has been an interesting little play across the mid-afternoon. Hey, this stock ended up making a big pullback upon the market opening up. It was a bit of a dud after 9.30. Great pre-market trade, dud after the market opened up. Actually, to the point where this ended up, and let me just move this line around a bit, but this ended up dropping down initially to a big level I was initially anticipating a bounce off of that being right off of 3.45 to 3.50, like the combination of those two prices. Had it here, like right when we started the class, the phase two stock course, I'm just saying that here in hindsight because we didn't focus on SVRE right at that time, but ended up making an initial bounce but didn't have the momentum to really make that the bounce point, the pivot point for it to run up back up towards four again or even higher. So ended up coming back down to retest that support. If it's gonna keep testing support, it's gonna break it eventually. So ended up doing it just on the next shot. Support turned into resistance. It dropped off more. And then even here heading into like crap lunchtime area, I didn't take this trade. I would be more sitting on my hands if I even was watching that at the time. I wasn't watching this at all at this point. I was probably on the AMC trade or BBBY still at that point or maybe even away from my desk, but ended up dropping down and down to the point where it ended up pulling back down to my next set of levels for my pre-market prep that I did on this trade this morning. That being a three, but namely a 295. And really just to show that, let me just pull up the daily chart here. That might just be easier. 295 in particular was a pretty strong daily chart level. 296, 295, you could see it held here, held under here at this point, held perfectly going back into the end of July, right under 295, 296, right here as the peak. So, hey, resistance should turn into support initially. So that's what I was calling out just a moment ago. That was right around 130, 140 Eastern time led to a perfect play. I scaled out most of my position on this at this point just because it's not really the best time to be trading. It's like a Monday still in the middle or the end of the summer, pre-Labor Day weekend. So things should be pretty slow collectively this week. Hey, we'll take the trade. Let's see how far we can get. I'm not trying to get greedy though. So I still have some shares left on this, but I did close out a good amount right from 295. So with that, I'm not as keen to put this on the afternoon list just because I'm not as confident of it like popping and running all the way up to four again. I mean, if it does, I'll take it. But for you folks, like, do I really want you to be watching this stock right now? I feel like there could be better trades out there. I feel like there could be a stock right near the highs or as a short, a stock right near the lows. Typically something that we look for at this time of the day. So let's go from top to bottom otherwise. Let's build up a pretty quick list. Then I want to make sure that we all have enough time to join class and get ready with that coming up at 305 Eastern. So the markets are dropping off too. So I'll also be the first year to say that probably not going to find too much on the gainer side here, right? So with that, probably find a couple of brand name stocks that are dropping off or maybe even some that are down on the loser side here. So the ANPC trade to begin, it's up big percentage wise or it already made such a big run from earlier today. So I'm not expecting too big of a bounce if it even looks to make a bounce. Kind of already did from like 39 cents up to 43. I feel like that's good enough already. Let's see what else is out there. Now the drug trade, this is one of a few different runners. We ended up calling out after the market opened up. Now this one took us a bit by surprise where back from Thursday this week it made a huge squeeze from one all the way up to near five, came back down and, hey, you'll hear me say this too every now and then. You just don't know when that will be. But that's a stock that you would keep on your side list for as volatile and rangy as the stock was back from Thursday of the end of last week. You feel like you can capture like a micro version of that run at some point. Not even to say up towards 340, 345 the high like it made today, but hell if this could pop at the open, get up to two that would be a home run. You see a $40, $35 stock run up to two bucks. This thing ended up blasting above two, ended up just actually holding that as supportive moment ago actually here. But ended up running up much higher right from two, ended up as I'd said before, topping off at 345. So much like the ANPC trade, this one's pretty much done for here for the afternoon. Probably say the same on a few different stocks. And perhaps I wouldn't have said that on Cabba up until literally this big shake from two. Right here. So a moment ago, I would have said, hey, this thing's looking pretty strong right near the highs. And even if I put it on our list at that point, if we caught it early enough, I'm sure one of us would have wrote the shake down here inside the Chapboard, inside our live trading room, probably would have turned back over to the stock and I probably would have scratched it off from our list. So, you know, hey, better that we caught this year if anything, but yeah, Cabba we're not gonna follow at this point for the close. This is almost like the drop that Rev made. We'll get to that one probably in a little bit too. All right, we keep it going, we keep it moving. NERV, same thing here. It looks like it's just waiting for a big drop back down to four. So pass on that. The SMMT trade, this was an awesome trade here across the early to mid afternoon. Another great trade you could say from pre-market, but much like the, you know, much like the SVRE trade, this one was a bit of a dud after the market opened up. Popped that first, but then pulled back. You know what, actually, how about this? We ended up doing well on this stock across the early afternoon. If you're inside our live trading room, you could easily just scroll up and read the chat. I will explain this move if you join me live in class this afternoon. How about that? At the top of the phase two stock course this afternoon at 305 as basically a continuation from this morning's class, I will explain this trade in full like a lot traders talk style. So, you know, this was a great run across the early to mid afternoon here, this SMMT stock. But again, the same thing for this as the others. It's cooked here at this point. It's definitely a done deal. We're not gonna look to follow this year. I'm not expecting another big pop at least. All right, I keep it going. The bimmy trade cheapy ended up making a decent move to begin, but you know, there couldn't always be room for more. I like that it's near the highs. Don't get me wrong there, but I normally be trying at least trade stocks above a dollar stocks that are looking pretty strong going up. So strong going up, but I'm gonna pass on this trade here. All right, SMMT we already talked about. And we just kind of left off on that one. Let me keep it going. SGFY, this almost looks like a buyout. I didn't check the news on this stock folks, but it popped up in pre-market early. I thought there was a little more movement to it for it to not be a buyout. So, you know, if I was ignorant of the news and it's a buyout, that's on me. But ended up just completely flattening out afterwards here. I mean, I reckon you could say this is a short, ended up dropping off slightly after the market opens. At this point now, I'm just gonna shoot from the hip and guess that's a buyout. All right, what else do we have here? What else do we have? The GNB, GB and each stock. Try saying that three times fast. Ended up getting halted three times fast on the way up and then once it got halted on the way down, that was it. So, you know, this stock definitely pretty volatile and pretty thinly traded at that. So I'm gonna pass on the stock here, the GB and H. GRFX, this had a nice little run to it in like mid morning, mid to late morning. Oh, is it not popping up now even? I know this gave Rich some issues. Rich L inside her live trading room a little bit earlier, one of our educators here. And you know, with that, I guess this thing's freezing up on me a little bit right now too. Before all things were a go on the chart, ended up making a decent push. You could actually just tell from the daily chart here went from three all the way up towards the high of like 450 but came back down much like the others. APRN, one of my few losses on the day. Actually, break even I think I even went on this one. I had to be the first to tell you. So I had like one loss today, one break even. This was my break even. I was in and out right from six. So I said a moment ago before I started this meeting it's been choppy and I was looking for a squeeze up and off of six. I think it was even here when the volume came in. But if it's not gonna make that big move shortly after it's just not worth it. So I ended up going in right at 601 at six on the nose. So, you know, break even trade for the most part there. And with that, it's still chopping around. It's still holding strong. You could say near the high is maybe right place, wrong time. And when we're doing the phase two stock course perhaps this will look to make a pop. I'll tell you what, I'm looking down on my notepad right now folks. I don't see a single stock. I ended up actually writing down for this afternoon's meeting. So APRN may as well be the first year. You know, it's near the highs. It's right there. It's just such a choppy trade. Now perhaps you could attribute that to the 145,000 share iceberg order that popped up on the ask at 615. How long that was there for? I don't know. I didn't have my book map up even when I took my trade on Blue Apron. Probably should have. So I was expecting a pretty quick reaction off the sixth level as it was already chopping around that price. Give me a quick sec right now. Looks like of course book map freezing up on me very timely for book map to do that. Give me a quick sec folks. Got to click a little warning sign there I guess little issue occurred. All right, we'll get Blue Apron up here in a moment. I want to see how long that iceberg order is out there for. He's still showing at 615. So here's what I have. So I don't think that he was up really or maybe he just popped up right at the time that I had gotten in. So it would have helped. Probably wouldn't have jumped in if this order was here at 612. Well, I'll tell you whether he ended up just moving up to 615 as is or if that's a completely different order. 615 right now is a pretty big resistance on this trade here for the Blue Apron. Give me a quick sec. Looks like another freeze up here on book map. Oh no, we're good. Okay. This is a scary moment. I got to make sure this is good to go for class. We'll be good. All right, so with that though, Blue Apron just 615 and less of it breaks above that. I'm not expecting any respectable move at all on this trade. Otherwise it's going to be a respectable move on the way down. So I'll have this on our list with hopes and dreams of this popping resistance but let's see if there's anything looking better even. ACON, ACON from before. Pass on that. Markets are dropping off. So I said in a moment ago, I'm not expecting for there to be a whole lot on the way up here at this point. UVXY is up 9% plus, trending up pretty damn nicely. So I may as well throw this on our list here at this point. We're not always particular about the ETFs but if it's within our price range and it's very liquid to the point where at least you could use level four to try and trade it, then UVXY would be a decent symbol to try and trade here. It's not a stock, it's an ETF though, just keep that in mind. All right, let's hop over to the loser's list, AMC. We ended up doing really well on the run up here on AMC. So ended up squeezing up, actually led to a great two point move but got halted twice on the way up, once on the way down, once it got halted on the way down, game over. So this stock right now is done for unless if you could short it, I'd say the same on Bed Bath Beyond. Obviously you could tell we ended up going through Bed Bath Beyond in class from earlier. Well, it's holding above the opening print right now, that's for sure. That yellow line that we plotted from the phase two course earlier today, that led to a really nice slingshot from the market open on the Bed Bath Beyond trade. So with that, let's just at least show the chart. Ended up making a nice pop prior to the market opening. Here's your opening print price at 961, resistance initially became support and then ended up flying from there. I ended up jumping in from my next level ahead here right off 990, we showed that pretty much in full in class. So it's saying that right now, Bed Bath Beyond, same deal on this as I said on AMC, unless if you could short these trades, unless if you can get the shares to short them, they're not gonna be like really, at all trades to follow here for the close. So if you could short them, put them on your personal list. If not, I'd move on. CVNA could be a great stock to move on to. So one of our students, Mark ended up doing pretty nicely on this trade, I believe from earlier. I know it's one of his like sideless stocks that he ends up following. If not day to day, then like most days of the week. So I know that he's looking forward to this trade here for the afternoon and short down towards 35 perhaps. Major support, I'm expecting to be right off 35. Doesn't show much of an order just yet on the bid. But if I pull up book map level four here, I'll try and do it without it freezing up on me again. Hopefully it doesn't. All right, we got about 10,000, 11,000 shares in between there on the bid right now at 35. So just so you know, that's our next support here. So CVNA looks like a good short, just right off the lows here at this time. Stitch fix, I didn't see this down as much right now or up until right now. It's like a little slow though. Decent, it's actually not too liquid though. I was expecting the order book to be a lot more filled in here. It's on a great spread and it's like 100% tradable. And I mean that in the best of ways. This isn't like too liquid. So, you know what? And right now too, big print filled right off 573 at the ask. So if it holds under that price, that could remain a really good short trade. If it squeezes above 573, perhaps there'll be a little bit more covering on the stock. But the stitch fix trade I'll put on our watch list for right now. Looks good. The CGC canopy growth. Now this is too liquid. That's a little too much volume on the bid for this stock to break through. So I'm happy that we caught the SFIX stock. Let's see here, anything else across the loser's side down big, any known names aside from AMC and Bobby J. You got real, you got PACB. PACB, was that the one that ended up pumped? Oh yeah, you could just tell based off the daily chart. Oh my goodness, what a disaster. Ended up making this big squeeze. It actually was running up pretty nicely as like a swing trade, so to say. In hindsight, easy to say, just nice day over day over day move. But back from August 11th, I distinctly recall the stock and they ended up making this run. I was on a coaching call with one of our students at the time and it was shortable back then as it is right now. But long story short, this stock ended up making a move right up towards big resistance. We ended up scoping out right there, real time, right off of basically 14 on the nose. It topped off right at 14 perfectly that day and came right back down, but look at where it is today. It's not just saying, you know, look at the pop and drop, but look how far it dropped off after. Ended up dropping all the way down towards 571 right now. So, you know, it's simple to say, it's harder to do if you're not a day trader just yet. You have to learn and like train yourself to set stops and make sure you don't get into this pickle. But you never turn a day trade into a swing trade. You always have intention of it being a swing trade. You know, I don't know, before you enter the trade, right? If not, then you need to go back to the drawing board, right? Tell you what to. I don't know why it is so damn dimly lit here. I gotta switch a couple of things up here. Last couple of meetings, pretty bright. I don't know what's going on. All right, let's keep it moving though here. All right, to finish up the loser side, I'll tell you what, I think that's pretty much it for me across the losers list. There's not much else that we really need to look through. SOXL is an ETF that's, you know, good short with the market dropping off, semiconductor ETF. Grant says AMC dead now, but bed-bath beyond trying at 969. I'm gonna pass on it though. It's not gonna attempt me to try and long bed-bath beyond today, at least at this point. From the market open, absolutely. But at this point right now, there is no real momentum unless if you're just like hoping for like a meme run again. You know, that's really the truth behind it. It seemed to be said on AMC. AMC is definitely cooked. The rev trade, what the hell's going on here? I cannot believe the run that Rev is making back up right now. This thing I thought was dead and gone. We wrote like an obituary for this trade earlier. Jeez, this trade ended up dropping off so far so fast. Listen, off of six, like a whole number, like okay, you know, expect a bit of a bounce and under and over. You know, all right, cool. I ended up missing out on the trade because from the morning it just wasn't worth it to me. You know, not always do you have a very clean market open to the point where after three trades it's like, all right, that's it. So I ended up taking a 3 cent loss on rev earlier, much earlier before this thing like completely crapped out. That was my only loss on the day aside from the break even on Blue Apron. This thing crashed. I'm not trying to jump in. I already hit my mark. I don't need to take this trade. Well, I said real time it would have been nice off of six. If I under and over, a quick little scalp. At that time, I was not expecting this to make its run all the way up towards eight again. So with saying that, it's hard to ignore rev as a day trade at this point now. So you know what, I'll put this back on our list. Now as far as like where the big levels are on this trade, when I do a book map open here, let's take a quick look. I'll bring this up one last go around. I know we have class coming up right at 305 Eastern, like actual class here. So with that, for any one of us on social media, may as well say now, if you wanted to join our live trading room or go so far as being a student of ours, go right down to the link on the yellow banner below of the stream for all of us inside the live trading room. Rich already went a step ahead, posted the link for class right in the chat board. So for any of our phase two students and above you folks, just I look forward to seeing you there. The rev trade ended up dropping off quite a bit, ended up bouncing right from that sixth level here. Yeah, it's gonna find some resistance right off 760 in particular, and then just a little bit under eight. So if it actually contains itself right under 760 here, then I would really look out for another big drop coming up on this trade. It needs to hold over 760 more importantly, make a spike off of it pretty soon. Not even 750, which is the level I would normally assume for that to be, but 760 I'd say. All right, so let me just see if there's anything else from Benzinga Pro or from YouTube or Facebook Live right now. If there's anything that you folks have for me, definitely type it in on the chat boards here. Let's just take a quick look. I thought I took that away. All right, what do we have here? The GRFX stock, I think that we, I don't think for some reason, my chart's loading up on that trade. Pet P-E-T, looks like that was starting to make a small move back up earlier, but it seems like it fell off. You have the Sun W stock. This looks good. This looks pretty nice. It's up over 10%. Nice safe stock, very liquid, good spread, cheap, red at the highs. It's trading about 4,000 or 5,000 shares a minute, so let's hope to see that number increase over time. The only way that increases is, well, two ways it increases, but the preferred way we look to see that increase is if it breaks above resistance coming up here. So Sun W, I'll add to our watch list right now. It looks pretty strong. The blue apron stock's already on our list. That is now at 611, so hopefully that makes the break above 615 sooner than later. All right, folks, I think that we're gonna call it for right now. We got class right at 305, so I wanna make sure not just our students, but myself, make sure I'm timely in there right to begin. So for all of a sudden, social media, Facebook, and YouTube, I appreciate you folks sticking with me each and every day, and across last week and up until I think on Wednesday, each and every morning. If you have any questions, feel more than free to send over a quick email, josh at cttrading.com. I gotta fix the lighting in my home office. We'll get that changed by tomorrow, I think, or if not by tomorrow, then by Wednesday, but. I appreciate you folks standing with me here, and then aside from that, for all this live in the chat board right now inside the Cyber Group Room, I look forward to seeing most of us in class soon. 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 $9. Do it today.