 Back here this Thursday afternoon May 25th shortly after 2 30 p.m. Eastern time welcome on back Of course this time of the day for our afternoon meeting. We have class on ahead It's got a quick soundcheck just to begin make sure that we are good to go for Elizabeth from Mike and for all this Just joining us here right now inside our live trading room Kathleen included laid a loud and clear from her got all of us just here joining us now So if you're on social media Facebook live LinkedIn Twitter YouTube the works well first and foremost Just go right to our YouTube channel folks make sure that you are subscribed right to youtube.com forward slash cyber trading you if you're there now Perfect, but make sure that you're subscribed so you can go right to our shorts page right here You know you have the videos you have our live streams, of course that we always host each and every day Actually with that Fausto is just on Nasdaq trade talks with Jill Malandrino So we actually posted that just a moment ago as well under one of our most recent videos, but I'm getting to go right to our shorts here. You're gonna see a little update on the video We talked about this the last night. I ended up coming back to my desk And we ended up going over in a video on our YouTube channel Just the levels to anticipate for today for this morning in the market open right talked about a couple of different prices there We talked about 365 366 as the first big support and then from there 350 well Hey, we have this WLTS. We'll get to this in just a moment well What do you know? Ended up dropping right down perfectly head on collisions at 366 really as smooth as can be Ended up just bouncing right off of there big volume level from the after hours on the video yesterday I mean hey for our stock to make a 30% or 26% pop it was in the after hours You got a figure of resistance is gonna create support at some point today So it's just a matter of finding where the big levels are first so hey if you're on our YouTube channel It's make sure that you are subscribed if you're not there now go there and subscribe just so you know when we're going live And we're posting these videos and shorts and you name it so for the afternoon Hey, the video pulling back right now. Now, obviously, we're not trading the stock You could at least buy puts and calls on this and they're looking for the balance at 365 That would have been a really nice return heading into the mid to late morning, but otherwise now heading into the close I mean hey, this is pulling back actually as we're talking right now live the S&P the spy here making a bit of a head fake and pulling back itself Hey, I don't mind at least just going through right now from top to bottom here and seeing what else we could work with here Just really quick. So let's start this WLDS ended up making a big pop from earlier today Big shout out to one of our students Scott who had called this one out at first Really nice call out at the time and you know, I said it is tradable Give it a shot if you feel like it can make the push-up higher I was already invested in a couple of different trades figuratively and literally perhaps or two But ended up missing this huge pop ended up completely ripping from like 90 cents when Scott had called it out all the way a double-deppin price who would have thought Even heading into 10 30 11 o'clock time where we would expect reversals this thing just kept poaching So a couple of big shout outs here Warren Warren ended up getting like 51 cents on a straight He killed it really nice catch from him Steve jumped in also from 91 cents He wrote that earlier in the chat board 9 49 Eastern time. I wrote you got out at 117 I think he wrote there John in and out from 115 beautiful So hey few of us did really well in this trade now for the afternoon at least What goes up comes back down especially a cheap small cap stock like this Saw just yesterday on GCT didn't we saw today on BMR didn't we ended up coiling up Right back down ended up actually pulling back down I thought it was gonna try and test down towards like 390 ish previous all-time high there The stock was breaking all-time highs early this morning folks I mean this is just goes to show the lack of historical data here So this came out as an IPO back from March 3 94 3 96 the all-time high I was looking for that balance here at this point, but just once it kind of reversed back to back up I moved away from it. Hey, that's a little push. So for the afternoon, I like the trend now It's pushing back on up pretty nicely. It does have Well, say it has a bit of a spread. Yeah, definitely a big spread here for this stock That said though, I mean probably more of a level three trade at least if not more so a four So I'll put this on our list for any of our more experienced consistently profitable students And we'll see if there's anything more liquid maybe something that we could all get our hands on coming up here. Oh Not as liquid, but definitely good stock for the afternoon leds This is a known pop and drop stock at least so, you know for any of our students from a couple years back later Kathleen a bunch of us Phil Grant Michael that have been with us over the years this stock I just remember being a huge pump-and-dump play like over and over Looks like back from 21 perhaps you could begin with maybe that was when it was an IPO As well, let's take a look Nope, there we go So this was just a squeeze it had here back in 21 from five up to 30 back down and that could have even been Before a reverse stack split so this thing fell all the way back down You know another squeeze up again today if it makes the fraction of a squeeze that it did back in 2021 I think that would be a huge win. It's up big already today So maybe there could be more room to go on this trade Let's just keep seeing higher lows But when the volume peaks and then drastically kind of dissipates back down then that's pretty much when you know the squeeze is over with Tis I just chopping it right now at the stage will pass on from that again folks Keep in mind phase two course coming up later on at three o'clock eastern. That's why I'm going through kind of quick I want to make sure that we have enough time to join the class be good to go Go back to the video there ended up just pulling back. What was the other one? I thought I was on just a moment ago Though there was one I just kind of clicked on it was like squeezing up pretty damn nicely there for a second Was it NVDL that my dyslexia tripped me up there. That's the NVIDIA ETF All right, maybe I skipped over something that may have looked good I don't know. I thought I caught something a moment ago that was trending up I'm just kind of looking at my scanner here quickly going through Obviously with NVIDIA up moment we have and AMD the whole semiconductor sectors just up with NVIDIA earnings But SOXL is the semiconductor ETF. So this could be worth watching just I would rather you use level 4 if you're gonna I look to trade this otherwise. I would focus on a stock NTNX Zuo Hey, all right, so really I mean as far as the gainer side I'm sure there's up there are some stocks up a little bit more percentage wise here IFB D was a big loser in pre-market this morning let alone after the open but more in pre-market You just knew that with trend it was more than likely gonna make lower highs So I turned back to the stock heading into like the late morning So all the way down to 130 pretty happy that I moved on from a quick. All right Let's see if there's anything looking as good if not better I mean we got two stocks on the main list both kind of like level 3 plus. I'd say Perhaps level 4 at least This one's moving around a bit here 8 pps pulling back down pretty hard roughly off of 860 855 ish Not much on the bid as far as a clear support level not much filled here from the matrix that shows a clear support as well Yeah, we got to see something build maybe like an 825 ish past little chart resistance here broke from so that could be support And the more times it tests it as support should break it So in that case that would be to a new short trade heading into the close So apps I don't mind slipping on our list just tradable stock down big I don't know if it's off earnings or what but obviously took a huge hit here this morning It's snowflake here What else we got what else we got we got path ended up dropping down big early this morning But it's just going sideways now. There's no trade there American Eagle what went up yesterday came back down today. Is it? Scott says BMR moving up again. Yeah, that one's already on our list At least that was still looking pretty strong going into the 230 meeting when you kind of came back to it So, you know, it makes the cut for right now Dan says I listened to Fausto live always worth listening I always pick up something new learning from Fausto's thoughts and I appreciate that Dan And yeah, you know Fausto will have to do that I think monthly pretty much now or maybe bi-monthly, you know, he's a regular on Nasdaq's program there All right, what do you got for me here folks up down left right? You name it? Let me not Go to Benzinga Pro here just to see if there's anything from my side Otherwise we talked about BMR. We talked about leds. You got the axe trade from the loser side there Geez is this really yet? I mean, we'll take a look at the AI trade Obviously, we're calling that out earlier all from the morning We were looking for a bounce on this trade first from 2785 then from 2750 got it from 2750 just now, but I mean, it's not like making the greatest move, but we don't really have a big list You know, it's tradable. So it doesn't hurt us to put this on our main watch list for right now Definitely not EPLD at least for the time being I'm gonna scrap that for sure SOUN BB AI how about Palantir? Palantir has been pretty good to us off the break off of 1264 there. So beautiful move. Oh really actually that's just a long ahead of my chart That was actually a larger level from the morning, but it was recently off of 1257 We were looking for the break back over 1257 here 280 2000 share print So it had a couple of false breaks, but then led to the pop heading into like one o'clock 130 time and Yeah, and you know what? I don't mind adding both AI and Palantir both familiar names very volatile in a good way Uh liquid, right? So yeah, I don't mind those two All right, so that makes five in total folks. We don't need to build up a big list I know most of us are going to be with me in class Extremely important class lined up ahead this afternoon setting stops and taking profits So I've been in countless coaching sessions the last two three weeks talking to students where you know, whether Mechanically or you know, maybe psychologically. It's just you have a tough time just like let's set that stop Let's make sure we know where to set that stop And on top of that once you're out of the proverbial doghouse and the stock is running really well and you're deep in the money Well, where the hell do you get out? So where do you take the profit? That is the exact class We're gonna cover coming up folks take setting stops taking profits We'll do that coming up at 305 eastern time. There we go rich very timely with that link link there All right, so for all of us in social. Hey facebook live linked in twitter youtube the works I appreciate you sticking with me each and every day each and every afternoon That falso tagging back in for the morning meeting, but uh, you'll get me back I think for tomorrow So with that in mind just any questions that you have you'll free to shoot me over a quick email Josh at ct trading.com is always the handle And then otherwise if you wanted to join us inside our live trading room Just go right down to the link on the green banner below just on the social stream right there And once more for john for scott for david for mike for elizabeth for kathleen laid a mike and all of us just here Be on the lookout tomorrow check the emails We got a big announcement lined up and if you're on social media at least on our youtube channel Make sure that you are subscribed You'll also get that alert through youtube on top, but again that is for tomorrow not today We got class coming up folks for today. So I look forward to talking to everyone coming up here pretty shortly. Take care