 All right. Good afternoon, separate traders. Welcome on back here this Wednesday, August 17th, shortly after 2.30 p.m. Eastern time. And just a little bit before the phase one stock course concludes this afternoon. Great to see students like Norman, Kathleen, and all of us just rejoining us perhaps. You're heading into this afternoon. Great to see everyone just joining us right now. Nina and Brian included. I was mixing up my internet tabs there just for a second. Great to see all of us back on social media, Facebook Live, or YouTube. Hey, nice little move here on this ear stock. I just wrote in the trading room a moment ago, I was looking for the test and bounce off the VWAP. There's a slow move off the VWAP. But just before I said, hey, you know, let's see a spike back over three very quickly and say, oh, what this ear trades listening to me. That's my joke of the day. All right. So for right now ear, it has a lot more to go through in order for this to really run. This thing has had a really tough time with 315, 317 resistance. I'm happy I got one of us to crack up there, Brian. Perfect. So with that in mind, the ear trade, I'll put on our watch list leading into the afternoon. No problem in doing so, just given how liquid it is. It's very tradable. It's good for pretty much any one of us in this room, at least as of now. If this ends up really beginning to squeeze up above 315, 317, then the volatility could certainly change. Ended up making a big squeeze up already from the morning. So right now, I'm watching this trade on my other screen. I have my stop set. My stop is set right from my entry point and they have to raise that if that really continues to pop. But for right now, let's see what this ear trade could do. Now with that in mind, though, we also have the Fed minutes meeting concluding. I don't have my Benzinga Pro up, folks. I don't have my headlines up here. I was just trading before. I'm getting ready for class simultaneously here with this meeting as well. A lot of bowling pins in the air at the same time. I don't have the news out like the headlines as to the Fed minutes meeting. But those are normally the smaller regulatory meetings that the Fed does, comparative to the bigger FOMC meetings that you attend to see every few months. So it looks like a little reaction so far. We'll see if it continues within the S&P and the Dow and the NASDAQ collectively. But let's go from top to bottom. Otherwise, let's see what we could add to our watch list here. I'll tell you what. I had a gift fall my lap here on the BWV trade. I ended up taking a 4 cent loss on it just a little bit earlier off of 6, right place wrong time. Then from there it ended up re-breaking above 6, jumped right back in, looked for the run I was expecting initially and ended up getting it. But this thing now is completely falling apart. So I got out on this trade at 7. I could have done a little bit better. It topped off at like 7.65, but you're not trying to be on the receiving end here of this drop-off. So with that, I was expecting the pullback better to get out ahead of time. And I think we noted that yesterday on Bed Bath Beyond that Chuck is now calling out seeing the pop. Remember yesterday, Bed Bath Beyond, I was in on that trade from like 25, 84. I think even the day prior thing completely collapsed, right? You remember that? So you always have to have a game plan. I had my stop set break even on that trade. Well, for right now this BWV trade, I don't think it's going to look to make one more squeeze here into the afternoon. If I'm wrong with that, I'll be happy to be wrong. I mean, hey, for right now, I'm not going to put this on our main list, but maybe around 3.30 if it fails to break any lower from here and if it shows strength off support, maybe. Not a fan of maybe's too much in this business that we're a part of. So next up, the HIL. I think I skipped over this. I mean, I talked about it briefly during the morning meeting, but this thing completely flat, a buyout, the year trade we started off with. Let's see a lot more of this push and certainly for us to see 3.15, 3.17 get flipped from resistance into support. So that's what you would really want to watch for on this trade. Nice, pets popping up right now. Another big squeeze on PETZ. Just recently ended up running up from 3.65, 3.70, topped off right around 4.25, 4.26. Great, love it. PETZ. It looks like 4 could be a big support level to watch. Not much of an order currently on the bid, but I'm sure between the volume that got broken through from the Yask or perhaps seeing some volume get filled on the bid, it broke back above it just recently here. Let's see it fill out more support. And then for the high or high later on BBIG, another big move from earlier today. I was in on this one from 137 and I shouldn't say myself as an I like literally we as a team inside the live trading room like 15 of us. 15 to 20 of us almost. We're in on this trade together. I just you know I always like to ask, generate conversation like is anyone in on the stock with me here? Like machine gun of chats coming in and like yeah I'm in from 136, 137, 140, 150 and you were still able to grab a piece of the pie if you were late from the initial run here from 137. You could see how resistance became support. It's kind of lingering here at this point so you know nothing wrong with the stock itself aside from it maybe being too slow but you know I gotta wait to see this really begin to push back over 150, 152 if we're led to believe this could really push up that much higher across the afternoon here. Savva pop and drop easy to say but history also has the tendency to repeat itself doesn't it? All right let's get to Chuck's bed bath beyond trade. He'd called out the pop just a few minutes ago beginning to squeeze up off 25. Chuck you know it's funny when you were initially calling this out or I'm not calling it out when you were initially uh rementioning it here like at two o'clock I was looking for the squeeze then from 25. It was taking me for a ride. I'm doing this on tiny shares at this point unlike yesterday I was doing that 500 shares this was like 100 share lot positions just playing around but again shaking around I think I ended up taking like a five or eight cent loss collectively it's like nothing on 100 shares but I just wanted to get out I'm not trying to play with fire. Well it ended up bouncing pretty nicely here broke under and over right from 25 clean entry right from this point so I know Chuck's been doing really well on this trade I don't know if you're able to jump in right from 25 here fantastic job you know there could be a lot more left to it the stock is continuously volatile so for us we embrace the volatility volatility creates opportunity so yeah the bet bet beyond trade I'll put back on our list you know kind of hard for us to not at least put a little spotlight on it um Kirkland's I mean hey history could repeat itself on this one as well and I say that in the sense of like what happened back in 2020 I always like to show this with Kirkland's I guess I have to go back a little bit longer here give me a quick moment there we go looking at 2020 this stock ended up running up after the pandemic and the bounce within the markets all together stock went from like two bucks here a dollar 18 all the way up to like 35 dollars right well it felt all the way back down it's to say that hey this stock has some legs to it it has potential to have legs let's say it's already up 27 and a half percent nearly across the day you know it could still look to break a new high before the market closed so the Kirkland trade I have no problem putting back on our list here too Norman had called out party city earlier you know another squeeze up early in the afternoon trying to run back up right now looks good party city party city right now you can see a couple of larger orders out here in our biggest one right off 262 for about 22,000 shares so I would assume 262 260 at that will be resistance my year trade slightly pulling back at 306 I'm in from 292 so thankfully still up on the position but I'm watching it it's not like the bet beyond where that thing completely crashed back down like shortly after I told you I was in that trade and stopped me outbreak even on that one this one's a little more liquid that year stock JCSC pulled back all right let's kind of just skim across the gainer side here otherwise I mean I'm sure there's a bunch more that's up the blue stock I'll jump to right now because blue got halted before it reopened up during our meeting so it is shortable this thing is dumping right back down I would anticipate seven to be a very strong support level if not well I mean seemingly off the bottom here 720 but I would look for that to re-break and then see what happens at seven bucks coming up shortly thereafter once it reopened up you had a huge print right off of eight dollars the open price there from the halt all right so we'll put blue on our watch list just you know whatever came out on the stock news wise it created a bunch of volatility a little a lot a lot more volume getting traded on the stock can be growth geez I mean the markets are really pushing up right now pretty nicely so I know with that I'm sure there's gonna be a lot that's moving upward but CGC has been on a nice taro over the last like week week and a half at that stock's been running up pretty nicely off the lows but for right now as far as a day trade the only problem with this stock is that it's like too liquid it's too filled in so to expect this stock to be at like four fifty five dollars by the end of the day it has to break through all of this it's gonna be tough so you know it looks interesting let's just check out the other pot stocks see if there's anything you know looking as good or volatile maybe thinner book honestly these are the main two you got the uh CGC TLRY Kronos but that's even slower and probably is liquid all right that's fine I mean CGC looks sharp but it just just too liquid I don't think that's going to be as clean of an opportunity Brian says ACB that's the other one I guess but yeah this one's not doing anything there all right we got phase FAZE stock that's been running up both the last week or so not a whole lot happening right now on it all right folks if there's anything else that's looking good that's moving up or you know going with the market right now just type it in the chat board here so we work together as a team let me hop over to the losers list we already have a good list so far so we got six stocks already on our main list Sorrento SR&E it's like too cheap though I just realized right when I clicked it you know dropped off nicely earlier this morning but I'm not expecting this to fall too far after what happened a crispy cream doughnut right we talked about this in the morning meeting dropped off early after the open did lead to a good short but for right now it's a little wacky looking not a whole lot happening there there we go Chuck closing out on one of his draft one of his bed bath beyond positions there Brian calling out draft kings right now DK and G who that had a nice run up to just a moment ago didn't it uh you know it's not up or down a whole lot percentage wise that's all right I'm just pointing out this had a pretty good move so it could be a good sideless stock to follow John on pets got 15 cents from himself there all right folks if there's anything else up down left right type it in the chatboard here especially those of us on social media facebook live or youtube hold in having headlines up right now and I'm going to type in on my Benzinga pro here see what see if there's anything I could find all right let's go back to BWV BWV looks like it's trying to inch back up ended up falling off it did bounce very sharply from here let's see if this can make one more run perhaps right showing some great strength at least right now now I would expect seven to be a big resistance though at least for the meantime so BWV put back on our list uh no that one's gonna be too little volume all right I'll tell you what I think that just about wraps it up I mean maybe JCSE one more time that a whole lot happening there already fell off too far it's not moving fast enough like that BWV trade all right folks so now at this point I think we got it more like seven now at this point we got here we got pets bedbath beyond Kirkland's party city blue BWV obviously I'm going to type this all out to you folks coming up very shortly for all of us inside the live trading room you folks first and then for all of us in social media we'll post this on our twitter and youtube streams but otherwise folks from Doug he's asking on youtube right now x us steel knows I'm a sucker for X if you haven't went over it already X this isn't moving too much right now Doug it's down five percent but markets are moving upward right now so it doesn't make as much sense to follow this unless if that's a head fake and then the markets completely tank heading into the close then that could lead to a drop off on us steel either way don't have a great need to put this on our watch list right now that's all right all right folks for all of us inside the live trading room rich should be posting the link for phase one coming up very shortly from now we'll be talking about journaling journaling your trades appreciate that rich thank you very much so make sure that you folks have enough time to click the link get ready so you're squared away on the audio and chat and video side of things all together i'll be in there very shortly i'm gonna refill up on the old water bottle here thankfully i'm good to go across this meeting boy oh boy this morning was a struggle all right so for all of us in social media facebook live youtube i appreciate you folks sticking with me each and every day each and every well i should say day i'm tagged in for fowstow all week so you had me across the morning and the afternoons and and you'll continue to across the remainder of this week i believe fowstow will be back even on wednesday but any questions that you have if you'll uh more than free to send over my way josh at c2trading.com is my email any questions that you have feel more than free to email me i typically get back within a day or two all right folks aside from that i look forward to seeing most of us within the phase one stock course coming up in just about 15 or so minutes take care the cyber group member today just click the link below and receive all these amazing products and a world of