 All right, separate traders welcome on back here this Tuesday post traders talk edition Tuesday afternoon meeting today's February 8 Welcome on welcome on back everybody. Let's get a quick sound check just to make sure everybody could hear me loud and clear I just got back to my desk. Great to see Chuck Norman Bob Michael Tom Ron and Mark Gary and Michael a Brian as well Kathleen and Wendy I was about to ask where the ladies of the remark great to see Kathleen and Wendy and Lewis and all of us Otherwise loud and clear from all perfect. So without further ado, let's hop right into it folks right now The spies beginning to make a slight pull back off the high actually a little glitch here on my AMC chart Let me show the the SMP ETF the spy symbol here No, I always like to show that but it's just to say we had a really good morning heading into the early afternoon No after a brief moment of consolidation within the market. We ended up seeing a nice retracement back up and that's actually a Pretty relieving because at least heading into the market close yesterday things were not looking too good So I personally was expecting a bit more of a drop-off Heading into the morning compared to what we got and in fact once we ended up seeing the spy begin to you know Squeeze back up to make a new high. I mean if it's not gonna break any lower by the time it hits 10 o'clock 10 15 And I'll tell you what reversal time is coming a bit early and we ended up seeing that We ended up seeing the spy make a nice pop going into like 10 o'clock 10 15 and then ended up running up really well So with that we have AMC on the screen here just to begin You know normally just a sideless stock. We didn't really think much of it from the morning today But man this ended up making a great squeeze heading into the early afternoon I was just kind of flipping through my book map You know page here and all of a sudden I turned over to AMC it actually looked like a good short Well out of nowhere within a blink of an eye Just big squeeze and pop to make a new high and with that we ended up seeing the markets continue But AMC in particular ended up running up really well up until just about 1682 a tie of the day today You know obviously making a bit of a sharp pullback right now as the markets are beginning to know make its own pullback here So AMC could easily be a good stock to put on our watch list It's up over 8% you know shortable and trades you know millions of shares a day and you know best of it all We're pretty familiar with the stock. We've traded AMC More off-the-none really over the last you know month, right? So actually I'll tell you what I'm selling myself By putting AMC on the watch list here, but we'll do just that. I don't mind putting this on our list to begin It's just very tradable in both directions now at the same time as I say that I'm sure I could put a stock like Peloton back on our watch list here, too Peloton PTO and ended up making a really nice push with the market today But coming off of earnings of its own right? We ended up seeing a nice rally as this broke out above resistance off of 31 and ended up running all the way up towards the high There above 40, but essentially it broke above and right back under 40 You know you would expect for that to be the case anyway with it with it being the first time of it testing that as Resistance so you know just goes back to what we talked about in traders talk our weekly Q&A workshop You could be just conducted inside the cyber group room earlier today Hey, the more and more and more a stock goes up than up than up than up You got to wonder when is it going to begin to pull back and much like I you know is doing it in traders talk The question is not really when the question is where and that where is typically going to be off of a major volume level So you know just going back to CFE I like look what happened to this stock going into the close yesterday We were pretty hopeful for this to at least meet me to find some support, you know a higher low and then for a squeeze back up It didn't get it right so in the case of PTO when I mean hey off of 40 It ended up making a false breakout, but from that point ended up breaking in the trend line You can probably just see off the lows here built a nice trend off the lows throughout the day and For right now. It's just kind of consolidating. It's not moving nearly as well as it as it was from earlier today So, you know hey AMC I'll put on our watch list here Peloton not as keen to really just for a 37 dollar stack I would want to see it make a better move than what it's doing right now and actually a really quick thing with Peloton We've been following this off its IPO, right? I mean since it first became public This is the most amount of volume that Peloton has ever recorded in one day and we still have 90 minutes to go before the close This is a weekly chart just for reference and today is Tuesday, so you know, I think that's pretty telling right there as well I feel like more than anything this will just be more exhausted heading into the end of the day But given its range, I'm sure it can make like a 50 cent move here and there. I mean hell I think you just did that right now They just did that right now So, you know, hey it can make a dollar move, but given the consolidation that it's been making heading into the afternoon I'm not too particular about it You know, if this ends up making a big move up or down at the end of this meeting then maybe I'd reconsider Right. I want to just go right from top to bottom Otherwise and what we'll do is just scan across the percent gainers and lose just list here folks as we normally do All right, so what a break right there, but let's hop to it now We have a bunch of warrants on the top of the gainers list here to begin folks You could just tell based off the W in the symbol the VLDRW W X P o a dot W DCFC W the warrants are much less ill or the warrants are much more illiquid to trade makes it much more Difficult to apply level three. We'd rather trade the stock compared to the war now with that as we continue to go through You know so pa. I don't think this has warrants Maybe it does just to say at least ended up making a nice move from the market open It basically built a slingshot where it dropped off at first ended up breaking Essentially made the move down to four. I thought it broke under and over four I think it hit a low of four or two at the time there and then ended up running up really well Hit a high at the time of basically six and for the meantime here right now as we're talking It's not a bad little run up not a bad little move here on this SOPA trade at least from the 450 this time It broke under and over 450 and end up running back up pretty well here So hey, I like the afternoon move here Norman Norman called us out in our chat board just a moment ago too as I was beginning this meeting So, you know, hey, I could put this on our list to begin I don't mind doing so at least for right now now again at the end of this meeting if I have like a 20-stock watch list Then you know something's wrong. We got at least trim the fat there a bit But for right now that makes the cut DCFC Think this was one of the names in the runnings for the new Washington football team in the NFL DCFC It's obviously not related to the symbol. I'm just making a joke But it's to say stock ended up making a big pop today to where it broke all-time highs I believe I think that's all-time highs that you could see on the daily chart. Yep Well ended up coming back down rather fast and right now making a lower high So I'll pass on this for right now TDC pretty expensive. I should have realized that right there All right, so keep it going Peloton again If we don't really have anything to put on our list at the end of it Then maybe at that point I would put Peloton on if anything it seems like a better short that are going into the close Then long That's the one thing I'll mention even right now lower highs pulling back down more wouldn't shock me If like a 3550 ends up being a good bounce point on that trade just saying UCL right now. Yeah, this was one from the morning actually really quick from the morning This was on our lists on the pre-market list at least Fausto by the time it was nine o'clock You saw what you see here stock was dead by not nine o'clock So we didn't focus on it going into the open as much thankfully So ended up just dropping off right away at first and right now trying to get a small push-up here Same to be said on the AR EB trade ended up making a nice little bounce earlier off of three at first But then ended up pulling back and right now this thing's just garbage If this was short of all this would be a much better opportunity to work with you're heading into the close and then then anything Joby why the stock ends up making a nice trend earlier today? Joby ended up topping off at 469 but pulled back pretty hard and the pullback here is That's a killer. I mean it is short of all, you know, perhaps that could be the better play heading into the close LDI a little spotty, but trying to make that move up. It's at the HOD right now Harley-Davidson coming off of I believe earnings pretty flat though in the meantime to Cix PDD. I knew PDD was expensive. Just wanted to look at this one quickly at least notice at the highs This one I could slip on our list if I feel a real need to you know making higher lows Just broke out or just broke higher just a moment ago here. So it still looks pretty strong The SPF stock the news that came out on SPF today was basically an update to the news that came out back last month So I wasn't really too, you know interested in the stock just given that ended up giving a little push-up at first And right now you could say it's trying to maybe hold over that peak, but it's dragging back Just bad say it's dragging back down and out of nowhere just slipped a bit down towards, you know 470 so You know, we can put this on our list if we feel a real need to at the end or maybe after this meeting if it ends up Showing more signs of life on the way up, you know, that's different All right, I'll tell you what folks not much else. I found on the gainer side for right now I am in two traits. I'm in two traits. The reason I say this right now live right now It's because this is one of them I'm in on SLQT as a short. I have my stop set literally at 327 328 so if it pops up a smidge here, I'll get stopped out on a smaller position But just to say though this stock is shortable It has been from the morning at least on trade stations end, you know Ended up making a nice dead cap bounce heading into the late morning as it was gradually building those higher lows But hey, I mean if it's not going to continue to make that push It's down enough to where you could hope for that dead cap bounce and we got it a bit at first So I thought that you know when I jumped in earlier, you know prior to 230 I thought this was a decent opportunity, but you know right now I'm not out of the doghouse on this yet. This may easily pop right back up and stop me in You know, I mean that would be all right if that's the case, but nonetheless, this still this still remains pretty tradable I think you know, it's shortable. It's not too close to ground zero too close to literally zero bucks It's pretty flat right now. Don't get me wrong It's like kind of just in the sideways move here, but I'll put this on our list for right now It's down enough shortable at least so you could try and short it should we see more signs of life going down Yeah, so for right now, we'll see where this takes us here the SLQT trade P LSE not a whole lot happening there. That's for sure KPTI I saw KPTI earlier today KPTI was on the losers list. It was on my notepad this morning I was thinking about it. I didn't really prep up the chart I didn't trade it after the open looks like it could have been a good short though from essentially 9 where it held the High of the day there down towards just about 780. You know what I mean? Like that. That's a good trade and For what it's worth. It's relatively close to the lows right now just seems more flat here Kind of like that SLQT trade and this one's not down as much I could put this on at the end if I feel real need to I want to see if there's anything looking even better though first Anything even closer to the lows of the day right now or you know, if there's a stack I skipped over on the gainer side That's up big. All right, we'll keep it going here folks Hey, maybe not for long because this is it on the loser side not a whole lot else that I see that's like a familiar name That's down big at least there are some stacks that are shortable. I'll click on those pretty quick Edit EDIT this actually looks good on the chart good on the order book It's only trading about two to two or three thousand shares a minute That's not a whole lot really so chart checks out good order book is not too thin But I don't know. I feel like there could be better shorts in terms of the amount of volume per minute that this stock is trading Want to see maybe just a little bit more on that side All right, folks I think that's just it for me if there is anything else let me know type it in the chat board and I will mention the second Trade I'm actually in right now. We'll see how that chart looks. I know I'm up on it Neo and I oh just a sideless stock. That's it. Nothing a really right home about on this trade I'm currently short right now from 2460 so up a little bit But it's not making that big drop that I would hope for it was earlier before we started the meeting but Yeah, we'll see where it takes me. I'm gonna hang on to it for right now I'm not gonna put this on our special list up All right, welcome back Mitch Mitch from YouTube Mitch has a nice chat for all of us here right now asking about the MNDT trade That's MDT whoops MNDT trade That's what I'm talking about. All right, nice little pop your Mitch good call got halted at 239 Eastern here folks Current time is 244. That's just that's just about five minutes from right now Which means the stock literally in the next one or so minutes if not less should be reopening up And if it's not within the next 60 seconds, then it's gonna be a 10 minute halt instead But for right now, it's hard to not put this stock on our list It's trading over 1.7 million shares right now, you know over 300,000 shares poured in right off the spike here So I don't know what news came out, but this looks pretty interesting for the meantime MNDT As I'm talking here, I think that it's gonna be a 10 minute halt seems like it's not opening up yet News out on MNDT from rich who posted this in the chat board just now Following up for Mitch's call out there. I says that Microsoft is pursuing a deal for MNDT by the rumors sell the news I reckon right? Pretty interesting and John give us the heads up on that as well inside the trading room Brian says Josh take a guess as to what trade I just jumped into 10 minutes ago I'm gonna guess that it starts with the you and ends in a wide ends in a Y. Is that my guess Brian? You went on a UV XY right now He says lol. Yes off 1338. All right shaking down a little bit, but he's off to a decent start still, right? There we go, Brian. Nice Ron W says Ford F heading back down, you know, hey, that's just a good sideless stock, you know dropped off early today I'm looking down on my notepad folks we got four stocks to work with in total so far I thought this would have been like a 15 20 stock watch list really So I'm pretty happy with how I kept it pretty selective and limited there But that leads me to say though one more time if there's any other stocks that I missed There's anything else that you would want me to look at here last call folks Looks like the airlines are all still holding strong as the spies beginning to dip back down a tiny amount Jets is kind of flat, but at the high the airline ETF. So that's where I was checking out Delta Airlines up over three and a half percent I mean, hey, it's at the highs UAL you can say the same thing a little bit more expensive American Airlines is likely the stock that we'd be more inclined to follow You know those could still be on the side list right now I mean there's not a huge need to put this on the main list just yet. I like what we have folks We got four stocks to work with in total That's all we really ever need to begin with and then you know typically after three o'clock when rich comes back on the mic here You know, that's when we'll look to re-scan the market a lot more seriously. I like to say at that point Why do I say it that way folks? It's because as soon as I finish up this meeting not often But you know, sometimes I'll see a call-out tossed around inside the chat board It's like that stock's not worth watching come on, you know come on unless if the stock's making a big pop Big drop as soon as we finish up this meeting folks I would definitely suggest for you to start with the list here first and then at three o'clock Hey after we start following the stocks that are on the list then at that point at three o'clock when rich comes on the mic Then we'll do a second round of scanning and seeing if there's any other big moves at that point But hey, we just ran through the whole market these four stocks that we're gonna put on the watch list At least for right now provide as good of an opportunity as anything in order for us to make some money All right mark s says MNDT 10-minute haul. Yeah. Oh It's going on 10 right now. It's gonna open up likely in the next one minute. All right folks But with that, let's just try and follow this stock here alongside the other three heading into the close For all of us on YouTube and Facebook live really quick I mean normally post my email address as I do here at the end of these streams But I know that we have a webinar lined up at four o'clock eastern time today Make sure that make sure to go right down to the link on the banner below the stream there to get yourself registered That was those doing a free introductory today trading webinar titled keep it super simple trading So that'll be right at 4 p.m. Eastern time for all this live inside the trading room at least hey You got us for another hour before that we'll post the link for that at least inside the cybergroup room Just as we're winding down towards the end of the day. All right folks But for Brian Ron John Kathleen Henry Debra all of us otherwise inside the chat board I look forward to talking to you folks later on at 3 30. Take care