 All right separate traders welcome on back here this Monday afternoon September 18th shortly after 2 30 p.m Eastern time and hey for all our students inside our live trading room I know I got to work quick. We actually have the phase one stock course Continuing on this afternoon actually not led by myself led by my colleague one of our instructors here rich Elizabeth joining us at 305 Eastern time talking more about the hardware and perhaps the software to behind it all Just getting getting yourself set up on your computer and platform alike So hey for all of a sudden social media if you spoke live linked in Twitter X YouTube Whatever you want to call yourself nowadays, right? With that said let's hop right into the thick of it. The market has been dropping off across the early parts this afternoon Hopefully we don't really see too much more of that right a couple trades We were focused on looking for a bounce heading into this meeting Nikola on our screen to begin at least You know, I don't know if it's gonna make a tremendous bounce We certainly hope for it to stock ended up making a big run-up from earlier on today And really from the end of last week you could see kind of a slingshot off of $1 Where it broke under then back above that price closed out strong and then obviously today a really strong push-up so You know, I'm gonna put this on our watch list to begin It hasn't really made a lower low hasn't completely tanked just yet and for that. Let me see it Hopefully a chance for this to try and run back up and if it's during this meeting then even better But you know, we'll come back to this by the end of it all. We'll put this on the list for right now, though Hey with that in mind like we had said though, we have to move quick. We have class on ahead So let's just go through a couple of stocks at least across the gainers and losers list here AVG are I mean perhaps you could say the same with this as I just said on Nikola hasn't completely tanked yet Made a real lower low This is a little different though. I mean this is stock that I don't know what it trades normally day to day Let's just actually take a look prior to this day Monday, September 18th Like from last week and whatnot. The stock is trading like 47,000 Stocks are 968 shares on a given day back from September 8th Friday So I don't know the float on the stock. I don't care if it ends up popping during this meeting Then maybe I slip it on our main list, but that's the difference between a stock like AVG are in a stock like Nikola This is also up three times the amount compared to Nikola is percentage wise So I feel like over time. This is more prone to tank make a low a lower low Again, if it pops during this meeting then let me know I'll come back to it perhaps put it on our main list at that point, but I'd say the same thing on this UPTD try saying that three times fast You could certainly say that looking at what happened back at the end of August in the beginning of this month pop and drop Stock made a big move is seemingly from like 10 to 35 and back down like a round trip Yeah, so another like low float pump and dump type of trade that's not what we're trying to like strive for I just want you to know that no is new new students new members join our streams or inside our live trading room become full-fledged students You should know that we're not trying to like hit it big or just like randomly on one stock like Yeah, this thing's got a 20 cent spread it might get halted here coming up You know God bless if anyone's in it live right now if anything it looks like a foul stove like that broke But there's like a hundred of these trades a week So, you know if we miss out on this then it tanks right back down. That's a okay by me All right, so actually for right now I'll write this on the side list, but I don't see myself putting that on the main one just yet Now Cosm Cosmo as we know it as a stock ended up making a big pop last week broke higher actually from there today I didn't realize it broke over last week's highs today already, so Looking a lot more, you know stable liquid wise liquidity wise and whatnot good trend Cheap I have this to our main list for right now Two on the side two on the main list here See this is the danger of clawing out a stock That's like you know pumping up on very thin liquidity this SQL from early this morning in pre-market And perhaps one could be hopeful for another move back up looks like it tried to make a slingshot to begin But when the volume dies off Obviously this tanked later on but when the volume dies off It's like what happens when the foot gets taken off the gas pedal, right? You know my joke is pretty corny as I say it in class, but It's it's logical. It makes sense The difference between a stock and a car is that the stock is going to go in reverse for you, right? The car is just kind of drift off sideways, and that's it so Cabba right now CAB a It's moving up pretty nice and steadily here. It's not really treating a whole lot of volume per minute like active volume Decent order book or at least it's not terrible I'll come back to it here if I really need to cabba Huge I OVA all from earlier today the H Y L N Actually, this one just broke higher before but then tanked died off Jobby this one we're kind of familiar with just you know over the like last year or so We've traded the stock on and off you could see there. So yeah, I mean, I guess this is at the highs It's looking pretty good good order book. I like this one, right? You got Nikola we got Cosmo, and then we got the Jobby trade right now an up-ed 8 each hour 50 dollar stock now This was breaking all-time highs back when it was like a 16 18 dollar stock I remember and not really looking too good liquidity wise there for us All right, so hey, we're kind of near 5% anyway if there's anything else looking really good on the way up Definitely, let me know And then we'll hop over to the losers list in between just see if there's anything down big enough for a dead cat Bounce or maybe a stock shortable I need to click that one Cara meant to click on So it's not looking as good. All right. Let me get my price column fixed out here. We'll kind of skim through this pretty quick But bill calling out a firm in our chat board will take a look at that in just a moment And really damn near everything on the losers list hard to borrow so far It's not as pleasant I mean markets are kind of mopey anyway before the Fed meeting So not a whole lot showing in terms of overall direction just before a small little drop, but That's really it Wayfarer as I'm looking back at my screen here wayfarer. I mean, this is really looking strong on the way down a little more expensive Mind you, but you know what? I like the trend the spreads not Brutal it's not like on a 15 20 cent spread. You know, it's a little thin of a book Don't get me wrong But as is going to be the case with a lot of these expensive You know tickers so yeah, you could buy puts on it if anything and check the options order book 6350 ish 6340 seems to be a pretty strong bottom back from the end of August Not bad for right now either on the way down wayfarer All right, that's cool So every time I always say that there's like not a whole lot on the loser's side I kind of just run right into one that's pretty pretty tradable Wayfarer was one of them and this is even a lot better Gap GPS so let's rummage through the department stocks or clothing stocks like Kohl's Macy's what's the other one? Nordstrom JWN top my head All right, so out of all of those at least I'll definitely tell you The Kohl's trade even from last week was looking pretty weak You know pretty strong on the way down at least for right there And I'll add that to our list with the gap trade GPS Cool couple good shorts couple good longs No pun intended shorts Kohl's and gap like shorts get it All right, that's enough of my jokes for the day All right, if there's anything else looking good folks just type it in on the chat board Across all of our social feeds or inside our live trading room. Definitely let me know Moderna MRA not much happening there. I mean, I guess it's at the lows but We've got a few stocks on the way down so far Wayfarer pretty expensive At least I got one of us to laugh at my jokes there. Appreciate your grant as always All right What do we got here from Tim on YouTube? I want to check YouTube first bill my apologies Tim saying tdba tdba Take a look Tdba Incorrect symbol Maybe it's error there Tim. Let me know on the chat board Bill with AFRM first and then we'll go to Roger with SOUN one of the AI stocks, right? Yeah firms up nearly 5% but not just is it at the highs here, but this thing is once again Been ripping breaking above just the highs from last week pretty seemingly this morning But yeah, this thing has been on fire. So it's hard to ignore AFRM That's where a main list bill. Good shout Roger SOUN Also a good shout also a good shout might I say Let me check out the other AI stocks first because there might be one better. Take a look Might be on the really good path here Roger with the AI stocks or maybe is it just SOUN? So ID AI up a little bit today. No, right? Yep 9% but doing nothing All right, so that SOUN out of all those little AI stocks out there Not bad not bad at all Roger. You know what one two three four five six seven Got room for one or two more there So don't need to add one or two more but this one for right now definitely looks pretty tradable The only issue on it that I have it's not a big issue. It's not a big issue. It's just that You shouldn't necessarily expect a big move when you have so much liquidity out there look It's like Nikola to a great extent. I mean I I'd say the same thing on Nikola. There's actually even more but yeah AVGR tanking says Scott so going back to our side list here that we already built up I mean really left it at two trades there So yeah, we're gonna scrap one of those scratch that right off our side list in full that one's done and then The Uptd trade try saying that three times fast. Ah, yeah same deal there All right, that's fine by us It's the process of elimination Getting back to Tim here. There we go. That's one that I'm familiar with T-Doc Tim corrects himself on YouTube saying TDOC So T-Doc isn't doing a whole lot right there Tim if you're focused on it as like a swing trade It's been on a steady downtrend. So if you're buying puts on it, that's one thing But as a swing, let's take a look. It's just like That's not at all-time lows, but damn this thing's been dropping off for quite a bit Well, I'm sure the stock has squeezed on like a day or two over the last year with some news I'm sure I don't hold your breath waiting for the next big short squeeze But what I will tell you is that given how much the stock has already dropped off And if it continues that short squeeze whenever that day will be It'll be a pretty epic day trade, but Again for right now T-Doc. I'll pass on this just in full if you're buying puts on it long term Obviously, you're in the right direction, but if it was closer to the lows of the day That would be different or if it was like down a lot percentage wise All right, so I'll tell you folks I mean really not a bad list pretty decent list here heading into the afternoon now Hey, really quick reminder for all of us here inside the live trading room I mean really all of us even if you're not a student quick little housekeeping note For all of our students first and foremost the phase one stock course continuing on at 305 Eastern time about 20 or so minutes from right now so that actually will not be led by myself as I normally teach but One of our instructors rich will be teaching that class giving him the keys to the car here on this one because he is way more knowledgeable with IT computer You know setups and hardware and all that good stuff He's not gonna you know make it to advanced, but he could definitely explain it a little bit better than I can So you know he always teaches this exact class and with that in mind Hey, I'll be on a coaching call with one of our students from three to 330 Eastern just ahead So where we normally do audio at three o'clock. I'll be jumping on at 330 All right, so a little programming note just for today. No audio at 3 o'clock. I'll be on myself though at 330 Enriches replacement as he's teaching All right, so for all of our non students there joining joining me in the trading room But hey for all of our bronze students and above bronze silver gold platinum diamond You folks have access make sure that you folks click that link right there in the chat board Get you access to riches class ahead in the phase one curriculum. All right folks But hey not a bad list to work with and we'll try and make most of it All right so if you see something say something I would start and stick with this list to begin and Even though there won't be audio at three o'clock. I'm gonna start with the watch list that we're posting You know really if there's nothing coming out of this list by three o'clock three fifteen Then I'll dip outside the wheelhouse and I see what else we can scan for but you know, that's normally the process Right, that's normally how we go about it anyway So hey, let's see what we could work with you're heading into this Monday close talk to you all soon. Take care