 All right, there we go folks welcome on back here this Monday morning April 10th all our cyber traders inside our live trading room Add for all this live and social media Facebook live LinkedIn Twitter YouTube etc. Great to have all of us. You're joining us though Michael Grant Lawrence We have Ray had later just before Andrea and all of us inside inside our live trading room great to have all of us back here So hope everybody enjoyed their Easter. Hope everyone's still enjoying their Passover nonetheless and with that It's been an interesting end of the week from from last week because we had a bunch of big runners that we ended up Capitalizing on right but the market was like kind of choppy. It was bit of a tight market heading into the holiday weekend And with that I want to show you what's what's happening this morning. So let me paste this spy chart here Just on my screen to begin Kind of just show this just to begin here folks now You could see heading into the end of last week nice little recovery right from Friday But with that though wiping out all of those gains just right away early in pre-market this morning You know spy chart. This is an ETF that tracks the S&P 500 Very well known but for those that are unfamiliar This is basically how you can kind of track the stock market or other ETFs their indexes tickers Actually that that track an index is a whole spx.exe obviously for the S&P But you know for spy here just hey showing pre-market activity. You see the drop-off right away So what's happening this week folks for anyone? That's at least in the know in the know right now anything big this week happening that you're familiar with you should you should hear We're kind of talking about it from last week saying you know Hey for such a tight market you would have expected for this to have been last week not actually this upcoming week But anybody know inside our live trading room Or on social Facebook live linked in Twitter YouTube etc Ray and Alex a couple of her longtime students here great to see them answering and mark as well answering as well The CPI report is coming up this week mark. So as far as the FOMC I got a double check on that I don't think the FOMC Meeting is this week, but I definitely know the CPI report is though So I believe what is that going to be on Tuesday if I'm not mistaken that could even be tomorrow morning perhaps though the week I'm unsure on but I definitely know this week is the CPI the inflationary report So with that could be a tight market leading into the pre-market before those numbers are announced Andrea say not Tuesday the 11th, but Wednesday the 12th to be exact So I'll take his word for it one of our longtime students my friend of course here So Wednesday the 12th will do that in the morning probably like what they'll come out like at 8 30 Eastern time I'd imagine and then from there going into the morning meeting now though Just otherwise for all of us in social media here No, fast was actually gonna be on vacation or he is on vacation rather this whole week So you got me tagging in from here in the mornings actually I'm gonna be doing his Introductory to trading webinar that he normally does each and every week. We're gonna look to do that I believe on Thursday, so stay tuned for that Michael says PCE also. I believe I'm certain There's like other numbers out there that like could make a small little pop here there But it's mainly about like the FOMC meetings You know if you want to slip in the minutes meetings in there like the smaller ones in between and then otherwise the CPI report Those to me are like the big ones to work off of All right, so with saying that at least I mean spy dropping off already So perhaps some advanced selling heading into the report coming in on Wednesday morning there now with that though It's been a pretty fun pre-market already, especially for a Monday You normally wouldn't expect for there to be as much out there company wise heading into the beginning of the week or heading into the Very end of the week, you know, of course There could be anything market related that you know shakes things up But oh and yes nice little pop early It came off of some sort of news and I'll jump to that in just a moment here But at first on a stock like this You know take a look at the daily chart and you'll see one thing is like, you know This stock has been a historical pop and drop stock in the past. So let me double check here I thought I posted the news inside our chat board. I Guess I didn't think it was even significant enough for me to do that. Just one moment here Of course Benzinga taking a second or two to reload all good there, but oh and CS If I can't get it here, I'll get it on my other screen ONCS shares are trading higher after the company announced is seeking withdrawal of its registration statement That's all I got on it So I didn't want to like talk out of pocket and say oh I know more about I don't and it's to say that Hey, we don't trade the news we trade the big money We trade the order flow the momentum ultimately so on that it actually led for a nice entry off the pop But then on a pullback actually that was where I ended up jumping in so that was one of two trades I was able to get money off of early this morning in from 182 We're calling that out as a potential support broke under and over led to a move up towards to I got out like under To I think at 197 just to take some money and run build up a little cushion amount early this morning To peel back the curtain a bit I didn't know that we were gonna get as good of a move on not only on this but on the JFBR also the GFA I couple of these early in pre-market, but I'm taking in for FAFSA this week I knew I wouldn't have as much time early this morning to do my prep work like right now So, you know, we talk a lot about that in our classes. So with saying that I got to make a little money early And that's why I ended up doing early this morning didn't jump in off the you know Big move up at first but was able to get some support entry off this. So, you know heading into the market open now It's not looking nearly as good lower highs filling in sideways a bit. We don't trade the news necessarily So actually I'll say and we don't trade the news at all. So it's saying that I mean if it's making lower highs Don't be surprised if it ends up snapping lower prior to the open even on this trade, you know It's up a lot. It does have a relatively good order book So maybe I'll kind of slip this just on our list here to begin It'll probably be near the middle near the end at the end of it all You know, I always like to kind of categorize our list based off the stocks I feel that could you know do the best for us at some point throughout the day perhaps the morning mainly but Otherwise the ONCS that could it could be that stock, but you know just right now direction here isn't looking as good So with that though, there's a couple of other trades that we did well on from this morning early You know, what we'll do is just go from top to bottom I had mentioned that there's a couple of stocks from the end of last week that I wanted to perhaps go over here If we have time or if we see them here So now perhaps FRC and the AI trade mainly right and AMC perhaps too That I was trading a lot of volume in this morning pre-market. So let's go over a couple of these PLXP a big and pre-market Normally we don't trade these stocks below a dollar unless if they're like, you know right there And you're a dollar to where more eyes can catch on to the trade, you know more scant start popping it up on the radar This I mean, hey, it's a big but otherwise we're gonna be inclined to follow, you know other stocks out there Hey, JF BR look at this over a dollar. It was below a dollar before you know this morning So beautiful move definitely popped up on more of our radars. Obviously the top percent gainers list here if anything Making a strong move back up again. I was calling out support on this off of 125 to 127 I ended up taking a penny and a half loss on the first entry then on the second entry I was able to get like six or seven cents somewhere of that nature. So now moving back up again I'm not in it now, but at this point it's been doing this pretty nicely and definitely showing good direction here So JF BR for right now definitely gonna put back on our list here for right now looking pretty good nice order book Let me actually bring up level four right now while I'm at it I'm gonna take a quick order break there But you can see that actually 140 is a critical level 27,000 plus share buy print getting filled or at least print filled at the ask and Just a moment ago a big iceberg order for about 28 29,000 shares ended up just getting pulled from the book It's just got pulled right now You could tell based off the color layout it broke over this price level after this order ended up getting mainly pulled so You know it's saying that I'd still be a little careful here on this JF BR But if it ends up really continuing to pop from right here Looks like your next major level of beat right off of 171 for about it Was that 78 79,000 shares on the offer right now? Yeah, right about 78,000 plus shares at 171. All right Yeah, so JF BR is looking pretty great here. So, you know, I'll put this on our list with the ONCS Well time to water break with that and we keep it going here folks The GCT K trade now. This was more of a dud after eight o'clock. It was kind of flat and pre-market It was holding its own maybe I thought there was a chance there You know it could maybe pop higher but obviously ended up pulling back as soon as the pre-market opened for trade station at eight o'clock Support should turn into resistance. So it's saying that 171 175 ish Definitely should be that level coming up ahead. It still has a ways to go before testing that price But you know I showing good activity good order book kind of like the JF BR for right now So I'll put this back on our list for the meantime Yeah, that JF BR having a tough time with the 140 ARVL I didn't mean to click on this 15 cents can't do anything with that Now GF AI this is one from last week not really the end of last week But it was more from like just kind of what Tuesday Wednesday where it ended up exploding You could just see from the daily chart here So we ended up trading this move mainly from this larger green candle is early in pre-market We were able to capitalize on it early in the morning We as in not me I personally did not trade this this day just to peel back the curtain Not gonna lie until you're like killed it You know a bunch of our traders did at least I sat in the sidelines for the stock You know a couple of these other AI trades were a little bit more liquid and making a better move or as good of a move BB AI SOUN Obviously, whoops Obviously at first before the SEC note came out later in the week the AI trade itself It was pretty interesting to see this dump off early prior to 8 a.m And the GFA I trade was like running up pretty much at the same time Obviously since it dumped off. So yeah for right now GFA I it's up over 20% early I guess I'll slip it on our list kind of like similar situation is ONCS even worse actually You know, it's just a really bad spread stock bad order book So as a newly enrolled student, you know, you go through our classes And you know that this is not the type of stock that you should be trading on Anywhere near more than just like a couple shares just to do like the one-share rule as Fausto says But otherwise though if you're looking to make like respectable actual income that you're happy with then one share Isn't gonna do it for you Right and I've probably a couple of our longtime students may be laughing here on the back end listening to me because you know They know I'm right they know I'm right with that So there's a time and a place to play around and there's a time and a place to practice But if you're looking to make real actual money unless if you're trading this on like, you know Hey 500 shares a couple hundred shares, then you're not gonna be able to do that and we'd rather you trade like a JFBR or Hell even that ONCS the GCTK. So I'm gonna put this on our list for any of our more level four or five traders out there Definitely make a move within like a 50 cent dollar move at least, you know going into the open meaning 50 cent income It's nonetheless. So, you know 16 15 major levels for right now Looks like it's playing off the whole numbers all together pretty nicely if anything that's just a loose observation, but Yeah, GFA. I'll put back on our main list for any of our more skilled advanced traders here Boyle hey if you're timid to trade GFA I and you're just watching that go up without you The more you watch that go up without you the more that you miss out on a trade like Boyle Boyle natural gas ETF now, you know for any of our you know long-time members and students here You would know what I'm gonna say right now on Boyle If you have book map if you have level four whether it's the main version or the thinkorswim version Then it gives you a great ability to follow this trade then you should look to try and follow it really But otherwise if you don't have book map then it's gonna be a lot more difficult to follow this even though It looks like it has good volume which it does good spread good liquidity But it's just a lot tougher to track a specific iceberg level on this trade like a designed resistance or support on the stock We're on this ETF. So it's saying that you know 342 going into the open I could tell at least from my my level three the matrix here You know, this is a big level big volume based level 342 343 The combination of them should be a big resistance support going into the market open And yeah, I'll put this on our watch list still the Boyle All right, cool with this going up. I'd imagine cold National guests ETF going down. I mean very expensive big spread on this. So obviously comparing the two. We're not gonna trade it UNG and Boyle go together. That's right. I always get that one mixed up, you know, we're already trained Boyle We don't need to really put the other one on here All right, but we got Micron up big what's going on with Micron I mean, I didn't really see the news on this I play ignorant to the news and pre-market often morning So pardon pardon me for that, but I'm just checking the news right now from 653 Eastern this morning Micron shares trading higher after competitor Samsung announced it would make cuts Memory chip output. So I don't know the partnership affiliation between Micron and Samsung You'll have to inform you on that perhaps I'll read up on that later this morning But you know, hey, I assume that it wasn't earnings based actually because normally for a name brand company like Micron They're normally like Tuesday Wednesday Thursday. We're not really an earning season right now, right? So I'd figure that you know that that wouldn't really be that the case So, you know pretty interesting company specific news between Micron and Samsung I don't think Samsung is publicly listed. Are they? Maybe at least not on US exchanges. It only shows Micron here. I'm you ticker So, you know for right now at least they ended up leading to a nice pop early in pre-market the one thing I will mention on this trade. I called this out in pre-market. Just I didn't look up the level four for it Just yet, but a key resistance not only from this top. Let me actually go to the weekly graph for this one. Oh This is good. I mean you'd assume a big level like 65 would be strong, but it seems like a top around 64 ish a little bit above that, you know back from the end of our back from midway of 18 then all across 22 into this year, but then otherwise But what caught my eye was this look at like the three or four weekly lows You know, these are a larger down wicks here at the time So to say that these are all pretty much around the same price 65 86 65 87 off by one singular penny on that 6611 and 6590 so that one's off by three pennies on that so I'd say right around 6590 to 66 is a key level should this look to pop higher going into the open I'll definitely put this on our watch list, but that's the bigger of the two levels to kind of keep an eye on right there cool All right, so folks, let's hop over to the loser's side right now I kind of replaced my energy drink with coffee this morning got a dry mouth already here So pardon that but let's just go from top to bottom across the loser's side here All right, why VR down big it's cheap. I didn't really mean to click on that Don't have my price column up on this one There we go. All right. So what goes up comes back down cold reversal of a boil right there So down big we can't short it also very pricey. So we're not gonna really follow that as much and then I'll tell you otherwise You know hey for any new students or members joining us here, especially those on social media hearing me for the first-time tag And for Fausto in the mornings, you know, this might sound lazy But I could just be very blunt and straightforward with you and tell you there's like not a whole lot on the loser's side That looks too great JD down over three and a half percent at the lows more within our price range around thirty nine forty dollars. I reckon but You know, hey, if you're interested in a short then this could be worth your while The the Tesla ETF is down big So if anything this was you know dropping off early this morning with the pre-market with the S&P and then obviously with Tesla itself So I'm not really too informative with what's going on with Tesla of late as much So if there was anything over the weekend obviously, you know, perhaps this moving with the market or off its own news Or on its own accord, but either way I mean if you're gonna trade Tesla in this trading room here, you could do puts or calls on this year But otherwise TSLL is the single stock ETF. It's cheaper. It's more leverage So, you know, it's gonna give you that volatility and for the price So that would be more worth watching to me than anything and I don't mind kind of slipping this here on our main list TSLL kind of same deal is boiled though because it's an ETF It's gonna be a lot harder to track the liquidity for like a designed or resistance or support on level three So if you have level four, that's a different story book map That is whether it's the main version or that on book map All right, so hey for all some social media what I'm gonna do right now is post my email address live here on social Media Josh and C2 trading calm I always like to do that at the end of the afternoon meetings when I host them each and every week day here But feel free to shoot me a quick email if there's any questions You have any trades that you'd like to go over or otherwise if you wanted to join join our live trading room Just go right to the little QR code right there on the top left. It's showing Chris see on YouTube right now asking about the stock or perhaps the ETF maybe TSLY. I'll take a look at that Oops, yeah ETF. Oh, this is another Tesla ETF Chris Interesting, I mean it looks like it's like the short one if anything Or no, no, I apologize. It's the same one as TSLL just a little less liquid though, right? So we want to trade liquidity This is trading a lot so far has a relatively good order book in terms of the spread the sizes out there You know on the order book right now that translates the book map level four, of course the one I would say What is it TSLS when Tesla is dropping? This is the short one. This is the one that goes up But this one's much less liquid if anything so, you know That's where I'm not as much of a fan of that if there is one that was more liquid on the way up then You know, I'd give it a look But I appreciate you asking though. Absolutely All right, so for all of us inside our live trading room. I think that just about wraps it up Let me just get one last look from Benzinga pro our scanners there just seeing if there's anything else looking good I deleted one. Oh shoot All right really quickly right now in the meantime as I fill a buster. How about that? Jfbr is breaking back over 140 So I just wanted to show that briefly before we wrap up and then with that I'm checking my other Benzinga scan here on my other screen COCP I mean, hey, it's up over 13 or 14 percent It's still hanging in there a bit just hopefully this makes a better move in terms of just overall direction Whether it pulls back lower towards to after the open or if it really continues to pop from this built support from pre-market You know, albeit the chart spotty you could see like higher lows building So, you know what we don't have a huge list here. We're not like maxed out I don't mind giving this at least a fair shake a fair look But you know, it's gonna go one of two ways in that regard So, you know, we typically wait the first three to five minutes to see that confirmed direction Wait to see this officially break over to 20 here if anything or otherwise for breaks back under the VWAP Then maybe see it test to you know, and then from there make the slingshot But I don't mind giving the COCP was a co-crystaled pharma. It's a pharma stock So, you know what what we're gonna say with that, you know, it's a pop and drop So don't look to try and swing trade this don't look to try and hold this stock at all I mean really you could see the same for any of these trades that we're gonna put on our watch list going into the open alright But I think that just about wraps it up right now. So for all of us in social media Facebook live LinkedIn Twitter YouTube, etc I hope you folks enjoyed. I appreciate you folks stick with myself here throughout this morning I'll be tagging in for Fausto throughout this week. So he is on vacation with his family well deserved So with that, I know I'll be in for him this week in the mornings as well as always the afternoon And then also just stay tuned. We're actually gonna do our introductory trading webinar as we typically do each and every week I'll be subbing in for Fausto. So, you know, obviously the same strategy that we're gonna go over But you know, hey a little bit of a different perspective perhaps this time. So stay tuned for that I look forward to that that'll be on Thursday this week But for all of us though, otherwise, you know, hey best of luck trading going into the market open And we'll be bet we'll be back live later on this afternoon just at 2 30 p.m. Eastern. Take care