 All right folks, we are back. Hey, welcome on back for all of us here live here this Tuesday afternoon, October 17th. Shortly after 2.30 p.m. Eastern, though great to see Jeff still with us here watching. The spy is shown on the chart right now alongside NVIDIA. More of a quiet crowd this afternoon. Andrea joining Jeff Thone, Ravina and Michael joining us as well inside our live trading room. Great to have all of them there and great to have all of us back. Perhaps if you joined us on social media just earlier this morning, we conducted our weekly trader stock workshop. So we do that every Tuesday morning. It's more of an in-depth Q&A type of workshop where we tend to go over a few different trades that we're moving from this morning. So that's on our YouTube channel right now, youtube.com forward slash cyber trading you. Make sure that you're subscribed right to our YouTube channel but great to have you back there as well. So spy right now, actually if you're joining us on Twitter even, if you're on Twitter, follow us at cyber trading you. Also at C2 Josh. Now I was going into a couple of different plays just for the spy just kind of saying, let's see if this could hold. Just going into the close, looking specific to the price 434.54. A couple of things. We're talking about the stock market here. It's a casino. So we're not going to be perfect when it comes to levels, especially for the market in general, let alone something as volatile as the S&P 500 ETF here. So the reason I was looking at this one price if anything was more just kind of looking at the recent daily closes and back from the 10th, just more of a bullish close as you had the previous two days, here are closed at 434.54. And the reason I'm looking at this one candle compared to the two beforehand is because this already dipped down there and held these closes as support. So I'm going to look to see higher lows. And right now it pulled back. I was calling that out prior to 2PM. So prior to this dip here and so far so good. It's made a decent move so far. But again, we're talking about the spy as volatile as it is. So I was even expecting for this to break under that level for a small little while and then for it to pull back above it. So hasn't even done that yet. If we just pull back up right now and pop, then hey, cookie crumble is pretty well there, right? Can't always get that. But hey, we'll take it either way. So I know Andre got out on one of his puts on the spy just a moment ago as I banged my elbow there. Let's go over a couple of stocks at least that we were looking at just from earlier and across the morning. So we had the NKTX just a moment ago, right? And the NKTX, hey, for as much as it ran up going into the early afternoon, I was on a coaching call with one of our students and this could be easy for me to say maybe live and actually I'm gonna pull my order here now just so I don't forget about it. Don't wanna catch a full knife, right? Just to say, for as much as this pumped up in the late morning, early afternoon, it was up like 180% or some crap. We see this every day. And if it's not literally every day, we see something like this like three, four, five, five times a week. So you can't get too emotional if you turn over to the stock. It's already up 85%, up 120% already and it's your first look at it. It's a nice trend for anyone that made money on this trade from the initial move up, at least up towards 250 and above from there, 289. Kudos, but don't beat yourself up if you missed the move. Oh no, it's up 180. All right, look at SPRC, it's still up 118%. That popped earlier at least, but that was just from this morning as well. So this is pretty frequent that we tend to see a runner like this, maybe not as much in the early afternoon smack in the middle of lunchtime, but that even makes more reason for you to not beat yourself up over. It's like, oh, all right, well we know the best time to be trading are 9.30, 10.30, then from three to 4.00 PM or 3.30 to 4.00 PM even. So yeah, I'm not getting too emotional about this. The reason I also bring that to is, hey, if you are at your desk all throughout the day or throughout the majority of the day and come back for the afternoon, there was a trade here. And I ended up calling it out earlier. I took it, although my lines at 289, the MKTX had a perfect combination, absolutely perfect combination of support between the whole number here at $3 and the VWAP line. When you just turn the heat map off, see the VWAP there and white, that white line looking at a perfect combination of support. So, you know, 290 was more of a historical level. And I was saying in the chat board, it may look to hold from three in the VWAP first. So I took the entry from three and I said a tight stop right under me. I got 25 cents, not the biggest trade, not the best trade to write home about, tell mom about, I hope that's okay. It pays the bills though, 1,000 shares, that's $250 profit. So ended up making a nice little move up, failed to break higher from here and you know, from that point came back down. So the order I just pulled was actually to buy if it were to snap down pretty low to get like a low ball order. It is catching the fall on knife to a degree, but I was looking for a lower price there. I've seen if it really dropped, but obviously I've just yanked it there. I don't wanna try and risk that at the stages I do this meeting. So MKTX up over 108% right now in the day. Here's the issue on the stock. Yeah, it took my little trade and I was looking for another move just before, but you don't wanna like only hope on this stock and that's it. There's gonna be other trades out there and for this that normally trades like 500,000 shares or less on average per day. Just it's trading 70 million shares today. So it's 140 times what it normally trades. So I would definitely not be as trigger happy to follow this until it starts beginning to make higher lows and a higher high. It's still making lower highs although it hasn't broken lower yet. That's what you gotta be careful of. So we'll keep this on our side list for right now. The SOXL trade I'm still in. I was looking for a bounce earlier. I took one or two small losses earlier as it was pulling back like maybe a break even then the 5% loss after. Hey, for as much as the market was dropping, I was looking for the bounce on the spy and I aligned myself up with that 4.34 and whatever. So at the time that I saw that, we're looking at this chip ETF. It was dropping down towards support at nine and it began to build out a little bit above it. So as it popped up towards 1910, I jumped in above 1910. So far so good. I moved my stop up to break even here. The reason I follow this again is because it's the chip ETF. We also nailed absolutely freaking nailed an entry here bounce off at 18 heading into even like the early morning stages before reversal time. So we've done well on this trade earlier and if you have book map, you could easily follow this but this is the chip ETF. So if you're looking at this, then very good chance you could be following the video, whether you're playing the calls on it or what? A NVIDIA, AMD, you know, all the chip stocks that were affected this morning, they were very volatile. Made a nice gap fill return to squeeze back up and there could be a lot more left on all of them. It's just that SOXL here is just the most cost effective. You know, if you're not trading options, at least. So I'm gonna put this on our list. It's not up or down percentage wise a whole lot just given the overall volatility, definitely gonna keep this in mind either way. If this pulls back and I go break even, I'm gonna keep this on our list. That's just for the sake of volatility, I definitely like this SOXL. And alongside with that, I don't know how big of a list we'll get here but if it's a short list, I'll slip the NVIDIA and AMD trades on there. But, you know, those will move with this. All right, so a lot of talking. Let's go right from top to bottom here otherwise. I don't have the spy I guess up there maybe I'll switch down, so let's see. There we go. All right, so spy. It's doing all right off my little level there. It's moving back up a little bit here. Hasn't really popped, but you know, it's more of a slow gradual grind. Let's see what we could add here to our watch list right now. The chip tickers, SPRC and other low float piece of crap. I honestly say it that way because when you look at the daily chart here, look at these little poppin' drops. So, you know, same thing happened once again this morning. It's trying to build back up a little bit here. If I really need to come back to it folks, you'll let me know. I'm gonna write this down for our side list though for right now alongside the NKTX. All right, we keep it going in the theme of the day. Poppin' drop once again ASMB. Hey, we covered this in traders talk earlier folks, right, our weekly workshops. So if you'd missed out, show them what they missed out on folks really quick. What's the direction of this stock going into the market open for all of us here live? You know, going into the opening bell at 9.30. What's the overall trend right there? It's up percentage wise, but tell me what the trend is. You know how to take my water breaks here during this meeting. Trend is down, right? You can't imagine trend to be up. So yeah, it's up percentage wise, but it's making lower highs, breaking support. Well, when a stock's breaking support, we're seeing more selling pressure, right? So yeah, at the open, it popped up a tiny amount. You could have made some money on that. Don't get me wrong. But what happens if history repeats itself? What happens if this continues to show selling at the same exact price and under that price and from there, lower high, lower low, and it was a calamity after. So yeah, we're done with this ASMB. We've been done with it. It's likely what the NKTX is gonna turn out into, right? Same with SPRC. This OLK is a buyout. We definitely know that from class. And we'll keep it going. See if there's anything else looking good though. I mean, like trading good volume, looking good. Got a whole bunch of nothing this week. A bunch of Fed speakers going throughout this week, yesterday, or I'm sorry, today, tomorrow, Thursday. Big one is Powell. You get Powell talking on Thursday. So even if we have a nice strong afternoon here and tomorrow, my guess is, probably have Powell say something that will screw up the market, at least going into Thursday afternoon, then we'll see what happens Friday. Saba, geez, this thing's trading thin volume right now. 2660 shares per minute. That's extremely light. Chart doesn't look terrible, but order book does. And yeah, it's not really from me right now, this trade. This MREO though, on the other hand, is for me. And it's for all of us here. It's definitely more of a level one, maybe level two stock if it becomes more volatile, it should. So I'm gonna expect for this to become more of a level two in nature. But you have about 20,000 shares to sell here on the order book at 185, and then next iceberg up top at two. That makes it all the more sweeter, easy to see resistance levels up top on that trade. And just from there, if it breaks that 185, let's see it try and make that 15 cents squeeze up. There we go, penny by penny. Summit, so this one I was hoping for earlier, not even hoping, it was a nice trade off 210. Started off good, and then I just came back to it. It was inching back down. I wanted to get this up towards 220, if not more. So it's just like, if it's not making that move that you, expect that we always preach in class and traders talk earlier, there's only one other way it's gonna go. So it's like plus two or something, it's like barely any profit. Better that than a loss though. So, all right, my scanner's refreshing on me here, folks. If there's anything else looking good on the way up, type it in the chat board, definitely let me know now. Hop over to the loser side here in just a little bit. This Tupperware trade stopped me out earlier and then that was pretty much game over. So, this thing was just a giant tease from earlier today. I was hopeful to see this run up once again, but it's like you don't wanna do death by a thousand paper cuts. You don't wanna take a big loss in general, but you don't wanna take a lot of these small losses that could accrue. So fool me once, shame on you, fool me twice, shame on me. Even a third time, don't mind. But it's just like after that, done. All right, so done with the gainers. Let's hop over to the loser side right now, seeing if there's anything looking like a good short, a bunch of stuff hard to borrow. So, kinda skip over that crap for right now. Stock TV, this Grupo Televisa, interesting. Dropped off earlier. Is this at all-time lows? I'm not gonna put it on our list really either way. I'm just interested, just a Polkat. Yeah, all-time lows. It's been on a nice drop-off over the last month from September, obviously, where the whole market tanked. And obviously now not getting any better. Moderna, this thing was getting crushed over the last, God knows how long, but just recently from the last week or two, ended up seeing a big drop in a big low or low earlier today from 89 or so, 8850 perhaps you could say there. Down enough percentage-wise, still not trying a whole lot of volume per minute. You know, don't have a big list. Maybe I'll slip this on there at the tail end at the very end of this meeting. I'll make our side list for right now, Moderna. Lumber liquidators, again, I had a student ask me about this earlier just to go over it from the end of last week. Just if they wanna get back to me with their book map, if they have any data on book map with that, definitely let me know. But typically for these traders talk workshops, it's hard for me to review any trade without book map, without the heat map there. You know, I could Polkat charts, but that's different. It doesn't give you the full picture at least. All right, so let me know if there's anything else, folks, up, down, left, right, more than 5%. If you're on YouTube right now, social media, Facebook live, et cetera, whatever it may be, let me know as well. Go through a few different side list stocks right now, just for my own Tesla moving back up pretty nicely. So TSLA, you got the ETF, TSLL, which is, you know, we'll say the more cost-effective version of that, you can trade options, obviously. LSTK, TPST, this is a dead duck. All right, so that's pretty much all I got here. The MNTS at the end there. So, you know what? It wouldn't hurt us to slip Tesla on our watch list. They got earnings on tomorrow afternoon. So, you know, a little over 24 hours from right now, they'll be reporting. Normally, we don't trade companies before their earnings, because honestly, they don't make a good move. It might make a little move. You can scalp here and there, but it's more after the earnings that come out that we'll have to trade the reaction off from that point, we'll give Tesla the exception on that as we've done this week. So, yeah, actually, I will slip Tesla and Tesla, the ETF, TSLL, at least on that watch list. All right, so let me know right now, folks, if there's anything else looking good. Did I look at a firm yet from late? I did not. I saw Rich called out earlier, right? Up over 5%, and if the markets continue to push, this could in fact be a great play. So, hopefully it becomes faster of a move, but it had a nice pop just before. So, you know, a little consolidation here, maybe more to come with that second pop there. So, I'll put it on our watch list. Looks like the SOXL is still creeping on up there with that in mind. Actually, they'll pull back last few minutes, but higher high just before. All right, so again, let me know if there's anything else looking good though, up, down, left, right, more than 5% for all of us here collectively. Jumped to Benzinga Pro, seeing if there's anything looking good from that side. USB, I don't know what that is, but I guess it's on the top of their list. MSOS, pot ETF, I think. Ooh, nice little move here. MSOS, take a look at that now. Normally with the other pot stocks, they haven't been moving with this ETF. So, MJ is the one that you'll see like Tilray move with, and then CGC, that other crazy one from the last month or so. Don't get me wrong, it looks like they're all trying to inch up a little bit, but this is gonna be our bread and butter. So, it's good catch here. MSOS, I'll put on our watch list, and then we have what, USB, I think this. Yeah, nice little pop, that's for sure. Like a three-point pop, this thing just made, but the hell just happened. Oh, and we have SWN as well. I forgot about that. Richard called that out earlier. So, yeah, I actually forgot about that. Head up on my Benzinga. All right, so, what was that, USB? I'm just gonna track my tickers. So, Bancorp, all right. So, ended up, looks like earnings outlook. This was from today this morning, which indicates that they're gonna have their earnings after the bell, oh no, not even after the bell, or maybe after the bell, but if it is, it's on Wednesday. You know what this looks like then? Simply enough, looks like a leak, looks like an earnings leak. And, you know, if this continues to push higher, perfect, but don't be surprised if it continues to drop off a little bit here, solidify around that 35 as support, and then perhaps a little pop into the close, but yeah, that would be my assumption. Well, earnings leak out there. All right, so MSOS, USB, thought there was one more, no? Did we not have one more out there that I thought? Oh yeah, the SWN, SWN, no brainer, right? All right, we got a good list now folks. Really good watch list you're heading into the afternoon. So, you know what, listen, if you trade NVIDIA and AMD on the regular, then I'm sure that you're gonna stick with those. I'm not gonna feature them on the watch list. We got the SOLXL, which is the chip ETF. So that's one, two, three, four, five, six, seven, eight different tickers to work with heading into the close. Two of them are Tesla related. So I guess consolidation down to seven in total. I like it. Got a good active watch list here for us this afternoon folks. So, hey, if you're joining us on Facebook, Live, LinkedIn, Twitter, YouTube, et cetera, all of our social media streams, we appreciate you joining us each and every day and each and every afternoon. We gotta refill up on the water here, but if you have any questions, feel free to shoot me over a quick email. Josh at ctutrading.com is the handle. Otherwise though, if you're interested in joining us inside our live trading room, continuing the audio commentary this afternoon with Rich, or tomorrow morning, or the rest of this week, or next week at all in general, just scan that QR code on the top left of just the stream there and get you access right now. But for Grant, Mark, Cal, and John, and Grant, and Leda and all of us here inside our live trading room, Revena, and Michael, and Leda, all that's just there right now. Best of all, trading going into the market close. I'll be in the chat board all the way through until the closing bell today. Back-to-back coaching calls today from three to 330, 330 to four. Looking forward to it. Gonna recharge the mouth here for a little bit, little water incoming. We'll be good to go. So folks, hey, I'll catch up with everyone in just a little bit. Take care.