 All right good morning cyber traders welcome on back here this Tuesday June 8th shortly after 9 a.m. Eastern time welcome on back here for our Morning meeting here live inside cyber group great to see later Norman Randy Grand Ulver students and members alike inside our trading room great to see everybody It looks like you can hear me loud and clear from Ray and Debbie as well perfect And for all of us in social media welcome on back Facebook and YouTube live so without further ado We got a hop right into the thick of things because we ended up having such a strong close yesterday I got to talk about that I got to talk about the morning of course yesterday as well Well, you know what happened after just about you know 24 hours ago from this point yesterday So you know if you don't follow me here in the afternoons Then we'll recap what we ended up putting on our morning list from yesterday And then of course at the end we'll look to rescan the you know top percent gainers and losers list heading into the market Open so from yesterday, and I really will start off on the on this any XT trade It's up even more this morning in pre-market So it would have gotten to you know anyway, but this was more of like a late morning early afternoon type of play It was very choppy after the market opened up I forgot what the news you know was on this trade that led to the pre-market pop early after 7 a.m But then it was trending down going into the market open. So for that reason personally I'm expecting some more you know of a consolidation pattern to build first before the ultimate pop That's not a foolproof guarantee, but that's what would happen more often than not So ended up paying off here at least ended up avoiding this chop early on and more so heading into the late morning Like I said, this is where I ended up making my call out on this trade off the 320 level big iceberg order on the ask goes You know popping and dropping from there that 325 was like the top But once it broke over 320 here It ended up making a nice move up afterwards steady at least off the lows as it moved up towards just about 340-345 and then heading into the you know final 30 minutes the afternoon yesterday We ended up following this just as an afternoon trade ended up just popping higher So the theory is is to see a stock close at or near the highs at the end of the day Oftentimes you'll tend to see it move up more whether it be the after hours whether it be the pre-market the following morning Again not foolproof not not a hundred percent guarantee for anyone on YouTube and Facebook live That's not inside our live trading room. Don't just you know take that to heart and just do that the next time You see a stock at the highs that said though Well, we ended up seeing this make a nice little pop like pretty much after the close here at first Obviously the pullback, but man this ended up making a nice continuation early in pre-market here So this next trade most recently ended up breaking out above a resistance right off of $4 and 30 cents I'm actually going to show what we would call level for book map I know of course Fausto shows this when he does the meeting. We always like to show it when we have the chance Typically when I'm at my home office, it's it's home office It's kind of more of a circus act for me to bring this up at least but here I am Let's just show what happened at least off the pop We ended up seeing early buying on this trade prior to 8 a.m. Right off of 423 419 just in the build and then just out of nowhere going into 845 eastern time It ended up beginning to break out above resistance 425 initially and then you know iceberg order pulled from 430 So that's what led to this short squeeze up I'm hopeful to see continuation after after the market opens definitely going to put this on our watch list to begin No problem. Just doing that right away Again, we'll scan the gainers and losers list just you know in just a few moments here But man, I got to talk about another stock that ended up making a big move I mean there were a bunch of stocks that popped yesterday from our morning watch list afternoon list But the clove trade another one that's up even more this morning up about 25 to 28 percent right even more 36 percent She's I thought I thought it was 25 I guess when I was looking at it most recently was 35 not 25 But she's even more now up to 37 plus percent up higher this morning But let's talk about the move that we ended up catching more from yesterday We ended up seeing this stock make this consolidation pattern after the market opened up But shortly after kind of similar to the next trade this ended up making a nice trend off the lows as it broke higher So we ended up seeing the stock make a re break off of 10 And that's what allowed this stock to make the move that it made higher Of course this being one of the reddit plays you know the AMC blackberry bedbath beyond I could go down the list at this point With like 10 and a half million 11 million subscribers on that reddit channel wall street bets They're they're trading everything that we're calling out. Otherwise, we don't need them to make the call outs But when you see that kind of out there as a headline clove now being you know one of the more popular plays from that reddit community I mean we've seen history repeat itself just in the last week But go back to AMC and blackberry and you know express and so forth back from late January just when that started Go it goes to show that group mentality will kind of you know see a stock squeeze up a bit So you know this being a heavily shorted stock ended up making a really nice move up after the open broke out off that 10 level Like I'd said and heading into the afternoon this ended up making the squeeze back up going into the close I was really hopeful for the pop over 12 and it ended up making that move just there in the after hours Just as a trade heading into the close. I ended up doing a rare trade where I ended up buying this at like 1191 I thought there was a complimentary resistance at 1191 I was you know hoping and assuming for this to blow over 12, you know before the close I didn't want to turn it into a swing trade because that's not really what I was looking to do and God bless If I did it would have worked out handsomely this morning But once this ended up actually closing this led to a great after hours straight either way whether you're swing trading or Just gonna make it a day trade once it breaks above that 12 That's what allowed it to make the the free run up over 1250 and then ultimately over 13 and so on and so forth So the clove trade again just you know a stock from yesterday that we ended up doing really well on Stock from even last week and so forth. But today, obviously seemed to be said we're going to keep this on our list here Alright, let's keep the good times going. How about OCG yet from yesterday, huh? This was more of like a dump off going into the close Which was pretty disappointing but more so heading into the late morning and then into the afternoon this ended up being a great play once again I think this was just another reddit stock again And we're familiar with this stock as a COVID vaccine play just over the last several months So we've seen that make these big moves up there. They're normally easy to borrow So they're normally actually a really good short opportunity given the right moment given the right opportunity there But this morning they're hard to borrow, you know, hey for as much as it moved up yesterday It's not impossible for this to move even higher today But just be wary of that dump off just if the volume begins to wane off and what I mean by that is look at the volume Wane off here and obviously it broke out more later on but it was a long build up to it So when the volume dies off the momentum does when the momentum does often times the stock does and you know Obviously if it doesn't die off there's a chance for an afternoon break out later on once it re breaks above Resistance once there's more buying on the tape and you know just shows on the volume spikes here But you know again same to be said for this morning And you would hope to see history repeat itself Maybe see this make a slingshot down from 10 or a 990 price kind of where it dipped down to going into the close yesterday But again, OCG and another nice stock from yesterday that will just kind of like read to our list already All right I'm like looking down this list here and look at looking looking down the morning and afternoon watch list Practically everything that was on the list yesterday is moving here in pre-market I may as well just start from the top of the gainers list and just go down really I could just you know go down the gainers or go down the watch list from yesterday and go through them all like CLNE and Armed and BB of course and no work horse another reddit stock Of course that we've been trading and long before the reddit crowd picked that up We were trading it but you know, let's just start from the top here clove We already went over and then from here you got the warrants actually is the top percent gainer clove warrants Is your top percent gainer? So don't let that Distract you from this one. This is the equity. This is the class C stock But this is the one trading a lot more liquidity on the order of book a lot more, you know volume traded on this per minute So this is the one that we're following the warrant is clove w Very similar move mind you but you know just with lack of liquidity if clove itself has a major drop-off It's gonna make for a drop-off here and this will be harder to get out of so You know, I wouldn't be too interested in the warrant this morning S O N M interesting play here. So in them technologies, it's a cheapy I know I'm normally not too big into the cheapies, but nice a nice move up And I say that you know because this is below a dollar This isn't like a penny stock mind you But it's just that these stocks below a dollar normally do not make as clean or swift of a move that would be as You know easy to capitalize on so on this yes, you could trade several thousand shares like ten twenty thousand shares No, no problem, but otherwise just once the volume dies off You just don't want to be stuck hoping and holding on to ten twenty thousand shares of any stock Regardless of price. So, you know, it looks good off the lows. I'm probably not gonna focus on it as much this morning. That's right The when trade WEN was yeah, that was gonna say is this Wendy's WEM Wendy's so Wendy's trading higher Amid increased retail investor interest in the stock that doesn't really seem too specific on news That's the last headline that I have here That's the only thing that I have on this Wendy's trade what WEN says when trading higher amid increased retail investor interest in the stock So, you know, it goes to show and there doesn't need to be like a really, you know Creative strong headline for a stock to make a big move. Maybe Benzinga Pro here slacking on the real headline Who knows but nonetheless, I mean for the meantime WEN we talked about this early before I started the morning meeting You know, it was myself that you've mentioned it our students were the first one to comment on it This stock had a crazy spread this thing had thin volume on the order book So, you know, of course, you know, you're dropping back down You could get out on this trade and not really take a huge hit based on the spread But based on how fast the stock moved up, you know You got to expect the stock to begin to pull back down not to say completely But if it does well, you're gonna get stuck catching the following knife. So to say there Latest says Kramer made a comment. She thinks That would normally pop up on this year too. All right. Well, either way not really too reliable is that guy Kramer So, you know WEN just given the volatility. I'll put it on our list You know for any of our level four to five traders out there that that do really well on a stock like this then Look to follow it. Give it a give it a shot All right, CYRN here another cheapy this one not nearly making as good of a move at least compared to the last one PDSB Popped early after 8 a.m. Kind of thin volume it popped from and you know pulled back I don't really know not really too interested in that just yet AYTU this is a stock that we are familiar with and unfortunately now it's for the wrong reasons This stock has been more of a tease now than anything But this stock ended up making some big moves for us back last year back in March and April with all the You know vaccine talks initially, you know, INO's SR&E, Sorrento, VXRT, Vaxert and you know AYTU this was this was another one that ended up making a big push at that time But you could just see on the daily chart Just you know from let at the end of last year pop and drop type play and then here Ended up making a big or decent run up But then following that big pop and then drop back down pretty sharp after so this stock's been more of a tease recently But you know good volume on the order book trading a lot of volume this morning already 1.7 million shares practically stock trades about 430,000 shares on average a day. So, you know, that's a lot already compared to what it does on an average basis It's got a 23 million share float. So it's not terribly low I'll put it on our list, you know, give it a shot. Hopefully it does make another You know move back up But the way this is trending here on the way down leading into the open I would perhaps expect this to make a consolidation pattern first and then hopefully again hope starts the you know belief But otherwise, you know, if it doesn't continue to build up or if the volume just continues to wane down without a breaking resistance I would just move on to another trade after the open should that happen But we'll put this on our list. We're familiar with the stock at least This lots trade unfortunately is Basically making the move that I was expecting it to make and you know It's still possible for this to move up after the market opens But this actually had a nice gap to fill you see the gap here on the daily chart Unfortunately, I ended up filling it practically already. I mean it went to you know Hi this morning pre-market hive six dollars and forty cents. You could just pretty much snap the line right here Roughly around 645 643 ish, you know give or take and again, it's not to say it's impossible to see this move up Higher it definitely is possible, but you know in pre-market at least ended up backing off right from 640 itself Volume died off, you know, it's holding strong for right now Keep this on the side Maybe I'll come back to this at the very end and just you know add this here at least it's shortable So if it does drop, maybe we can try and short it from there See what else we got though Stitch fix SFIX I think right. I don't know if this was off of earnings my belief would be s Either way pretty out of range for a lot of us and in the trading room Hi, bbi gene. I squeezed early in the morning here after eight o'clock I was I didn't put this on the pre-market list here early, but I was considering it I was considering it then it ended up making the push We ended up seeing a resistance at the time off of five dollars and ten cents Let me just get book map up here pretty quickly once again And I'll just show this again for a couple more stocks But on the bbi G trade for right now it broke about five Ended up building up to five ten not much resistance at first and an order popped up in which it failed to break out higher from So it shook back down pretty quick There were a couple of orders on the bid looking to squeeze this stock up And it seems like once it ended up breaking through volume that was on the bid after that's what led to this sharp drop off So, you know, I'm gonna put this on our list. I guess for right now Actually, you know what I'm selling myself off that I'm gonna put it on the side next to lots Come back to this at the end just giving this drop off here if it continues to break down I'm not gonna be as interested compared to probably some of the others. So, you know, I'm a little particular this morning I want to see what else we got first IGC this one looking pretty weak here. I mean, you know, if it pops after the open that would be very interesting to try and call Out and trade, you know, we talked about this yesterday afternoon I wasn't as hopeful for this to make its big pop going into the close yesterday, but You know today, it's definitely possible to see continuation. There's not much of a trend going on here, right? So we're gonna skip over this even though I kind of like the stock Go ad look at this thing try and continue to move up You know talk about a gap fill this thing has been like through the spin cycle up and down all over the place The last week ended up making a big pop in pre-market to squeeze all the way up towards like 16 16 50 where it opened You know broke down and then I think news came out in the afternoon This wasn't like an instant drop But ended up dropping off just for as much as it moved up that pre-market and then I think news came out It could have been a common stock offering if I'm not mistaken Actually, I know I'm right on that. I think they priced it at like 225 that I could be wrong on the the exact price But nonetheless, that's what led to a huge drop on this trade and from there Wow, it ended up beginning to squeeze up just yesterday and this morning it looks pretty strong here So the GOED definitely going to put this on the main list Not the side list the main list here at least, you know Good spread good volume on the order book nice trend after eight o'clock and you know, it hasn't dropped off too much since and holding strong So, you know, hopefully we'll see this continue to you know, try and fill the gap All right workhorse another big name here I just want to put on the pre-market list really active this morning You know again the quote-unquote reddit stocks all seem to be moving and up this morning So AMC was building up to a resistance off of 5850 BB Blackberry has been squeezing up really nicely since 8 o'clock this morning So for right now definitely I'm just gonna you know put workhorse and BB on our list Very heavily traded and again, you know They're likely to follow in suit with AMC perhaps is that's now like one of the leaders in terms of the reddit trades You know to each their own or not to each their own but for each stock to be their own So to say in the sense of breaking through volume on the bitter the ask, you know, they're trending similarly But they're not trending exactly the same So you're gonna have correlation if you have a huge move up or down on AMC But otherwise though, you might happen to see clove be stronger at one point in time You might happen to see Blackberry be stronger at one point in time They're all different stocks and they're not going to you know be exactly the same But they will correlate off of stronger moves up or down They're likely to follow AMC and a game stop in that regard So for right now Blackberry and workhorse will we'll add to our list cloves already on there And F cells been on fire this morning, too, huh? And you just see the stock this was more for like EV You know as an EV play this plug and a lot of others in that sector But ended up making a huge run back at the end of 2020 ended up dumping off early on here So just given the range up and down in such a short amount of time It provides great opportunity given news coming out or whatever the case may be that leads to more activity early in pre-market And that's what we're getting here best part of all if this ends up dumping off Then of course this is shortable So this would be a good short if things fall off at least but for right now holding strong over Former resistance off of 1225 ish year You know perhaps will dip down there prior to the open build support probably dip down at 12 after the open So you know watch out for 12 as a big support level maybe even an 1190 after the market opens up But definitely F cell will put you know definitely on the top of our list here at the end of it all All right, let's see what else we got you AVS another familiar name Not a whole lot going on here in pre-market pretty flat probably dropped down a six and eight You know begin to make its move from there. Ooh Dg a watch has popped after nine o'clock nice So let's just go to Benzinga pro on this just check the news on this DGL wide trade We only have about 11 minutes before the market opens. I got to make this fast I don't know how Fausto does this for anyone on social media. I appreciate you sticking with me. He does this fast He's good. I got to make these faster because I want to make sure that we have enough time to prep going into the open But nonetheless DGL wide trading hire circulating an article from the Wall Street Journal US mandates body cameras for federal law enforcement officers. All right, so We're not gonna you know talk about our opinions on the topic But the headline out that's as to why this stock is making a huge move up So for the meantime definitely gonna put this on our list. Hopefully to see this make another run after the open All right, I'll tell you right now. We have such a good list already I'm probably just gonna scrap the lots trade and the big trade the BB IG and the ones I kind of put on the side Let's see what else we got on the losers list when I did my prep this morning I ran down the losers list a couple times there really wasn't much so I don't want to you know look lazy with just kind of skimming through here, but You know right and Mara I think are hard to borrow this morning cannons down with Bitcoin also I'll show Bitcoin when I do the afternoon meeting. I have more time there Bitcoin ended up dropping off a lot more after I ended up going over it yesterday when I talked about it yesterday afternoon I was saying, you know, it wasn't really down that much and cannon was down big right and Mara We're not down as much as cannon was but going into the clover after the market closed yesterday We ended up seeing Bitcoin make a bit more of a drop. So that's what's leading to see riot down 5% Mara down the same Cannon short of all of them all it's the only stock I kind of even wrote down on the losers column this morning when I did my prep But this is like an ugly chart here not really too much going on otherwise So, you know unless if you're following that as a play with the market or with Bitcoin in particular, I would just pass All right, so folks Let me know if there's anything else up down left right more than 5% anything that I it was maybe just ignorant of that You know, it looks good in your opinion or something that I just missed that's making a huge pop or drop just right now Let me know Jorge says to Ray, which I love checking out. I love to raise a stock Ended up following it from yesterday at least this morning. It's just you know, pretty volatile per and I volatile very active I should say trading almost a million shares in pre-market this morning great volume on the order book So it's a it's a great sideless stock or hey, I'm not gonna put this on the main list You know in the special main list going into the open But this is definitely one where if you do well on day to day you watch this stock and do well on it If not day to day week then week to week I would definitely look to follow this stock then in that case Otherwise if not then you know, hey just I would stick with the watch list there There's a lot to go around this morning. So, you know, if there's a stock, I don't put on the main list But if it looks good in your opinion and again if you do well on it more often than not week over week Let's say then definitely look to follow it going into the open clove pop a clove pop and drop Unfortunately right back down under that 1650 level. So I'd be really careful on that going into the open from that price From Norman the ah t-trade this one is up just about 6% didn't find it on the gainer side here I was just kind of you know growing going down quick. Ah, there it is number 48 There we go, but a nice trend, right? I mean hey, it's up. It's cheap good spread Out of you know, what we're looking at so far at least I do like this the ah t-trade All right, I think that just about does it from Andrew M on YouTube. Good morning. I didn't see that comment till right now All right, so folks, I think that just about does it folks I think we're good to go going into the open how many to be out here We had two four six eight ten eleven stocks to work with I usually like to max out at 12 no more So, you know what not too bad for all of us in social media. I appreciate you stick with me here We actually have our traders talk workshop for all of us live inside cyber group this morning not for social media We did that a few weeks back We typically do that a couple times a year for you folks there But if you're looking to join us at least for traders talk this morning our weekly workshop We typically host in our live trading room feel free to join us go right down to the link on the banner below For all of our students there, of course you folks just stay right there We'll resume our audio commentary here in just about seven or six minutes from right now. All right I'll talk to you all soon. Take care