 All right separate traders welcome on back here this Monday June 7th shortly after 2 30 p.m. Eastern time welcome on back as always for Afternoon meeting great to see Donald Jean Michael William Stefan later pleasure is always from her and great to see everybody can hear me Loud and clear from the trading room great to see you all and for all of us in social media Facebook live and YouTube welcome on back So you got me from the morning. You're sticking with me here for the afternoon Let's see what we have to work with going into this market close Right away. We'll start with the stock on the screen here to begin the clover stock clover health You know, they were a spack going into the end of last year one of those special purpose acquisition companies I may as well say just to start this meeting if you could hear a little background noise It's my AC in my home office. I forgot to turn it off right before I started So bear with me if you happen to hear that but clover we ended up seeing that make a pop I mean as soon as the market opened up. It felt like I mean really right out the gate Maybe one little pullback, but that was it ended up trending up beautifully after breaking above resistance off of 950 set from the pre-market You know, hey, this wasn't one that we had on our morning list But it's one that we've been following over the last, you know, six months at least and Certainly over the last week straight with all these reddit Wall Street bet type stocks moving up, you know The heavily shorted stocks so to say and clover has been heavily shorted at least going into this year Even as recent as the last couple months. I looked on certain websites that great stocks by short interest And this has been at the top so no surprise to see this You know continuing to squeeze up with the others at least, you know amc moved up today blackberry moved up You know, most of them ended up having a nice pop after the market opened up for where this is at right now Taking us into the afternoon. I'm gonna put this on our list. How could I not it feels like, you know stock That's right around ten eleven dollars great liquidity good spread for right now and has had a good spread I would say 1150 is your major resistance, you know, I would assume for there to be an even bigger order That's currently showing today actually right off of 1155 1156. I think that's the penny high But you could actually see about like a 12 13,000 or so share order here 11,500 at 1155 so that might be more of a backup resistance actually to what's on the order book at 1150 now either way we're gonna put this on our list likely just check it out at the end You know just to show what it looks like at the end of this meeting But we ended up doing really well from earlier this morning folks I had a really big watch list taking us into the market open You know, we're not gonna trade and call out every one of those stocks at the same time You know a student like Lorie might be following BNGO while someone like bill might be following AHT while Monica might be following blackberry. I'm just rattling names off But it's just to say we ended up having a really good morning largely from you know said morning watch list But we ended up finding others of course like this clover BNGO to start you know we're gonna start with this one to begin I mean outside of clove, but this one I called out right before I pressed you know the star button for this meeting We ended up seeing this teaser breakout over 1150 going into this afternoon And that was where we had a lot of orders from the ask earlier after the market opened up So for what it's worth this stock really didn't take any time to break out You know right out the gate here ended up taking off as soon as the market opened up roughly from 747 50 level all the way up towards just about that 850 price And you know you could see it's had a tough time with that level at least heading into the afternoon the early afternoon Ended up leading to a continued move going into the late morning as it broke out higher But you know you could just see what happened here with the volume bars died off the volume traded per minute dwindled down And I say it all the time I said every meeting here at least you in the afternoons where you have me doing this meeting every day But it's to say when the volume dies off So does the stock and we ended up seeing the momentum on this uptrend die off as the volume gradually waned down minute by minute For right now. I'm not in this trade. I was in this just a moment ago from 851 I ended up getting out exactly break even I think that's just more from seeing this make a weaker move so far off this price level I wanted a lot better of a pop off 850 here so far. So it's not to say that can't happen I mean it might just happen as soon as I turn away from the stock But if 850 is such a big volume level Well, when we see big volume levels get filled we should just get a pretty big move shortly after right? Well tick tock here. This thing has been over 850 now for a number of minutes Why haven't we seen this make a big move up so perhaps that will come soon enough? But the more we hope in a way the less likely that actually happens So I'd rather honestly follow a stock like clove here so far compared to bingo Although both are you know gonna be on our list then go looking a little bit slower right now off the 850 But still hopeful that will catch a run on that me while clove I said clove here because obviously just showed it But this is making a much sharper run up to the major resistance at 1150 1150 here has been a really strong level across the afternoon So, you know if we're gonna see this big volume level break right now And I say that for Leda and Laurie and Donald and Michael and William and Everyone else here in the in the cyber group room at least while I talk keep your eyes on this trade here the clove stock off the 1150 All right, so we ended up doing well on both We ended up doing well on top percent gain or also the RMED trade This one was more from pre-market then after the open granted It did pop and make the slingshot type of move that you would have wanted ended up Rebreaking above resistance off of seven to allow that to happen and you could just kind of see from the Late morning early afternoon. This really didn't even hit seven I think this just hovered right over seven perhaps its opening bell print across the morning But man it ended up leading to this second squeeze back up to actually break a new high here and You know it's still hanging out near the highs right now So I'm gonna put this back on our watch list actually the RMED stock I forgot the news on this and normally I'd play ignorant and not look up the news But I'll tell you we don't have class this afternoon and not gonna do this for every stock But I'm actually interested. I forgot the reason why on this, but oh It's the worst. Oh, no So it goes to show that you don't need to have news I guess in order to see a stock fly up, you know, 82 percent Benzinga pro reported at 10 o'clock this morning. I thought there was news I copied and pasted here I guess it was for another stock, but RMED trading higher on a normally high session volume Not seeing any company specific news to justify the price action. Yeah, that's all I got So I thought there was news. I thought it was like a farm and deal or something I guess I'm wrong either way pushed up after the open pushing up right now for as much as this stock dropped off from last year It was like a 60 $65 stock, you know in April March of last year see type all the way down towards sub 5 sub 3 That's what I said just you know Eight hours ago here in this meeting so to see this make the day-over-day move is not surprising And we weren't really following this as much at least back from Thursday last week I know a quarter-eye on Friday But to see the stock continue to pump up and up and up and up and up at some point You know, this is gonna come crumbling back down and the way it's looking right now in the intraday chart here across the afternoon I mean if you break over nine I feel that there's a very good chance to see this just continue to go That's if it could break over nine again because if it doesn't then we might see a very sharp drop-off at least before any Sort of move back up Point being you just don't want to be caught on the tail end of this move to see it just dump all the way back down as It's been known to do so in the past So I'd be interested in this trade to see if this can make a higher low and a squeeze back over nine I'll put it on our list still just to be very mindful of what Benzinga Pro even listed They said it was a low float stock There's no news out there at all to justify this move up But for a low float stock that's being pumped up You know it's not just gonna get pumped up forever look at AMC look at Blackberry And those are not low float stocks. I say that because the low float stocks are even more dangerous It makes it even more difficult to try and get out at your price. So you got to be careful on this trade here Alright, so I'll tell you we'll just jump from top to bottom now at this point We did have a couple of others that we ended up calling out those the actually led to a good runner to like a toast here And I'll go over that move just when the time comes be II be I want to give a shout to one of our students I forgot who it was at the time and I hope they Reveal themselves again, but they ended up mentioning here at the time that be II be came off of news with Alzheimer's Prescription or drug some huge advancement on that actually I got it from Alan R. He wrote be II be it was halted on news pending FDA approved first Alzheimer treatment in 20 years He wrote that I mean just prior to 12 p.m. Eastern time live inside our cyber group room He said the stock will reopen and be very volatile probably too expensive for me at the time But nonetheless man, look what happened at 130 Alan sure was not wrong off the news led to a huge pop I mean practically doubling in price and then obviously the drop-off here, you know It's definitely pretty expensive for a day trade So if you're interested in this stock more as an options player swing that that's for you to figure out on your end You know, we're not gonna really follow this at all here heading into the afternoon NEXT nice push at least from earlier this morning at this chart looks so messy But the level that I was watching it off of and I took my eyes off this once the market opened up or at least shortly after so I got to say thankfully I avoided all this crap here where it was just shaking around and really tight I watched the breakout off of three dollars and twenty cents right at this point and That's where we ended up catching it So for all the BS and the consolidation that this thing had after the market opened It actually led to a nice little push It's you know, it's still over that 320 price that I was calling out back then and you know I guess if we can get a little bit closer to the highs. I don't mind giving this a second Look, I'll put it on the side for right now this next stock And that's why that's right Robert from YouTube commenting on that clove stock again just breaking over the 1150 I told you folks that should lead to a nice push. Oh, I ended up skipping a bunch of these oof my apologies here Sorry, I said I was gonna get to a toast here number seven That's trying to make another move back up But you know, hey this one ended up doing most of its work after the market opened I put this on our pre-market watch list even really early this morning. I Probably should have held off. I'm putting that on the pre-market list I was hoping to see at least the beginnings of what could be this type of move and we didn't really catch that in pre-market But boy did this not disappoint after 930 ended up popping I mean right away ended up building a support off of pre-market resistance practically off of five And then ended up building a trend off the lows there, you know, just pushing up across the morning I mean, it just doesn't get any better of a play than this I mean, I guess the only way it gets better is if it just moves up more or just moves up even steadier but it's tough to Look for more or look for better when you see this chart here across the first You know hour hour and 15 minutes across the day and you know, right at 1030 Eastern time We teach this just in our beginner course the phase one stock course and you know It's not as if the market makers out there have their stopwatch looking for the Fausto Puglisi 1030 Reversal time they don't but we teach this in our class around 1030 give or take a few minutes and of course here it was right on the nose at 1030 But man this thing sure reversed or fell off right at that time ended up peeking right off the high 635 and Dropped off sharply from there the stock is shortable So although I didn't take it as a short and crapped out the other way briefly and you know Provided that opportunity right now heading into the afternoon. It's trying to grind back on up So alongside that next stock, I'll kind of put that on the side. I'll come back to both of those just at the very end All right L M&L pre-market stock It wasn't on the pre-market list, but you know, we were watching this going into the open and ended up making for a very shaky move here At first this wasn't like the stock. I was watching right out the gate myself I told you folks the two I was watching it was the bingo and then the other one I don't think I'd get to on the gainer's end here But the the workhorse stock those are my two main focuses like literally at 930 Eastern when the market opened up You know, you adjust quickly after those stocks make their moves and you make your money But you know at least going into the open the L M&L that was on the you know morning list It wasn't the stock that I was watching right out the gate So fortunately I could say I avoided this crap and you know It made a small push up a fail to break out You know higher from this peak and pre-market came right back down and that was it I mean really the volume died off once support broke right here Just be careful folks actually that clove stock that I had mentioned it looked good and it did but it pulled back It pulled back below the 1150 so again, but where we're talking about seeing a big volume level get filled We should see a pretty big move after so if clove doesn't make that pop and run off 1150 Be a little careful We'll come back to that stock at the very end though Alright, so bingo is on our main list. It's grinding on up as I've been talking It's been trying to push off that 850 level So you know for Bonnie and Norman that ended up taking a couple tiny losses off the first You know retest of resistance here I told you folks to watch out for the second chance and fortunately although it didn't make like a Volatile fast pop. It is held over 850. It's been moving on up So I hope that you folks got back in right off that 850 It's still not out of the doghouse just yet, but nice start off that 850 at least year Keep this on our list There we go Norman. He says in the trade right now good. Alright, so hopefully that makes a nice pop for us You know soon enough The IGC trade speaking of pops and I got to just do this because it's in the back of my head every time I see this stock I Look at the daily chart and I don't look at this And I don't look at this. I mean these moves were expected back when they happened and I say that because well that's because This happened Back in 2018 and this was the first pot stock back of that time to make this type of short squeeze move I mean before the reddit trades an AMC and blackberry and a yada yada yada For all of us here in cyber group at the time I mean just to rattle off a couple of names like for a Leda and Grant and You know perhaps plenty of others like a Tony see I see here in the chat board or Michael D in the trading room here as well Now, you know, hey you folks were here during this time I know you are so I know that you remember this move when it then when this IGC stock Was the first pot stock at the time back in September October to make this huge pop pop from like two all the way to 14 plus Let me ask you folks any other pot stocks that you remember off the top of your head Later right away first the punch there till ray and again you look at the daily chart for till ray You could see it exploded back in like, you know, January February here with the reddit stocks broke out from 25 up to 65 and then back down well when that happens We knew that type of move is possible. I say that because look what happens back in 2018 right so I don't think I need to elaborate any further But IGC It's exactly why I'm excited to follow a stock like this right now. It's not at the highs it peaked earlier pulled back So maybe I will just kind of put this on the side for right now But if this doesn't move today, I'm still gonna keep it in mind and keep it on my side list going into tomorrow morning We'll see what happens. Maybe check out the pot sector ETF MJ in just a bit I got leads or let's semi leds corporation However, however, you may pronounce the ticker symbol ended up making that big type of drop-off after the market opened up So this played out pretty much as exactly how I thought it could go Granted, I guess it could have popped up one more time before the dump off happened But again, just look at the daily chart Can you just keep expecting a stock to pop up day after day after day and again? We're not looking for like just green in a row But to see this stock explode from early last week from 10 and topped off in pre-market or after the open today It's 30. I mean, of course we saw AMC make an even bigger move percentage wise in that time But we can't get spoiled We can't get greedy and spoiled like that because if you assume the same to happen on this lead stock or leds You jump in at the right place just at the wrong time. You're done. It's a wrap. It's game over So It's got to be careful there Givo nice pop earlier today and Givo and it's like, you know, this thing seems like it's never gonna drop That's not financial advice. Obviously it did drop and pull back here a couple times But has since recovered and you know, it's at the highs going into the afternoon. So it's one of those where I just ask How could I not? Maybe the same with NNDM. Nope, not nearly as much actually All right, so Givo will put on our list here. I'll make the cut All right, let's see what else we got here folks So just skim down the rest of the gainer side here a bunch of other familiar names. We got skills. We got OCGN Look at this thing go nice pushed up earlier today. I didn't trade this although I certainly wish I jumped in at some point perhaps off the 930 ish top here But nonetheless beautiful move no surprise that OCGN can make this type of move if it wants to if if the smart money Wants to push it up just look at the daily chart just seeing the pops and the the moves that the stock has had across the last You know three to four months and you know, they're still at the highs right now heading into the afternoon So easily enough alongside the Givo alongside. Hopefully bingo is that you know, I guess is still over 850 But definitely OCGN put this on our main watch list near the top of our list here for now couple of others here too, and we got plenty more FUV Skills g OED g OED is something I want to jump to right now actually I'd ended up popping before but just pulled back This stock was down like 85 percent going into last week and then going into friday of last week It ended up trying to make this like move up gap fill opportunity You know short squeeze dead cat bounce type play however, you may name it again Just look at the daily chart. It's a gap fill at a minimum But you know to see this stock pop today We were hopeful to see this try and make a fraction of that gap fill and and it has so far So it's just taken a sweet time to make its move from 275 to 80 up to 325 and No, you would have expected a faster move or for that to happen already and for it to already dump off It's trying to tease us here. It's still somewhat near the highs or close to the highs compared to where it had opened up I don't know I feel like the volume has been dying off on this and I just told you what happened the last time on I think it was the armet stock when the volume dies off. So does the stock so I don't know. Maybe I'll come back to this at the end again We have just as many stocks on my side list. So to say compared to the main list Yeah, it's better than friday. I think friday I think I went through the whole gainers and losers list in full I had like three stocks on what I would call the side list and zero Zero on the main one. So, uh, I think this is better than friday's list so far But let's see what else we got U1 here f cell f cell. I know has earnings thursday morning on the 10th I'm pushing up pretty nicely here, right ended up running from earlier, but making its push right now So maybe I'll jump the plug quick here plug. It's making the same type of move Rather trade the cheaper one, but you could kind of tag them side by side Maybe I'll check out some of the ev stocks here too like nikola or neo nikola doesn't look good Neo looks pretty flat just looking at the five minute chart now the one minute you could see there. All right We'll pass on those. Uh, let's hop over to the losers list here Not a whole lot that's down big not a whole lot that's shortable. So skip over those Oof. What happened to cannon today? Geez I didn't even write cannon down on my notepad today It wasn't even wasn't even on my side list where it probably should have been but Uh, unless if you were going short, which there was a great opportunity after the open But uh, man, this one flew under the radar pretty much ended up dropping off across the market open today You know what actually I'm actually Little under prepared for this meeting I should have shown my bitcoin chart at this point as I showed it going into the weekend And I don't have it up right now is bitcoin taking a bit of a bath right now a bit of a drop off And not really. I mean it's dipping a slight bit but not really to explain this 12 and a half percent drop on cannon today This is the bitcoin chart 15 minute graph. So You could just see going into today dropping But that's like nothing compared to what we've seen, you know a couple weeks back and moves on the way up to So granted you might see riot and mara drop off, but nothing really too bad. I mean is that 36 000 this morning and they're at 35 5 now Mara not doing a whole lot really there Riot same thing. You know what? I'm actually pretty curious. So I did it with our med I'll do it with this one here too. I just want to see if there's any news on the cannon trade I know that there was earnings. I think um a couple weeks back or a week back on june 1st. They ended up reporting earnings There's no news on this stock right now. There was nothing from benzinga pro going from the weekend into this morning Pretty interesting at least to see it drop off as much as it did Catches my eye. We're not going to put this on the afternoon list, but definitely a side list stock going forward I'll I'll definitely remember this move for tomorrow morning. All right. Let's see what else we got the ara trade What a disaster What a disaster this move was and you know, I can't say that i'm surprised I say that because well Let me ask everyone here inside cyber group. What's the trend of this stock going into the market open? I'm not asking how much up or down it was percentage wise But going into the market open looking at my one minute chart is this stock trending up or trending down from 8 30 eastern time Down and more often than not it's not foolproof But more often than not After the market opens a stock will initially continue in set direction So if it's dropping and it's breaking through support and dropping off then After the open if history repeats itself Let's say it's a wrap Say it's a wrap. So Yeah, this was a complete dud I just you know, zero interested on this stock as the market opened up or once I saw a support break and Thankfully, I haven't really looked at it since This one not a whole lot happening there the mgi down big. It's on the losers list It was down big and pre market. I told you folks in pre market Hey, if I want to I can add this if I really wanted to I didn't feel a need to at the time Well now the stock's at the low of the day it has good spread good liquidity It is shortable for those of us on trade station You know what? I don't mind slipping this on here at the end this mgi stock Okay, let's check out vips towel not a whole lot happening there My pesky scanner just refreshed on me Where were we towel there we go Yeah, not a whole lot. It's right to right home about here. All right. So folks I'll toss to you if there's anything else up down left right more than 5% that you would want me to check out Type it in the chat board here Just checking out the pot sector etf mj. That is and you can just see otherwise It's just coasting sideways not a whole lot really happening there So I'm going to pass on this trade heading into the afternoon Like the pot stocks all together I should say that is Uh from p trader and this was from before but acb I was asking about the other pot stocks and this just isn't doing it right now Uh from nicolas. He was asking about the fsr trade. I popped earlier this morning. Nice straight from the morning Good sideless stock as it has been Just not a whole lot happening right now. I'd be careful on that clove off the 1150 It's still just pinning itself right under that price. So You got to see something big happen soon on this thing. I'd imagine A and y from debbie. Uh, yeah, definitely this one is up 13 percent So it's probably creeping its way up the gainer's list as I was going down So yeah, good call. Hopefully there's more left to this trade But given the recent afternoon, you know volume and and you know move up Definitely going to put this um as a focus so far. So good call. I like that All right, folks I think that'll just about wrap things up for all of us here on social media facebook live youtube I appreciate you sticking with me here each and every afternoon if you're tuning in from this morning Seem to be said from earlier today. Um, again, Fausto will be back In the office back on the stream going into thursday So you got me across tomorrow you got me across wednesday And that includes both the morning and the afternoon. All right So for all of us in social media any questions thoughts comments suggestions that you folks have first I didn't do this from the morning meeting but I did from friday afternoon If you have any questions, feel free to send over an email right to my personal email address My name is josh leviton. My email address is josh at c2 trading dot com So hey, maybe you're not interested in joining us yet live inside our trading room Hey, maybe if you are feel free to join us go right down to the link on the banner below But if not and if you have any additional questions before you sign on officially feel free to send over Uh, a quick email right to me and we'll be uh more than happy to help you out All right for all of us there right now like bonnie and laida and norman and mike I look forward to speaking with you folks pretty shortly from now Just give me a quick moment. I'm gonna copy and tweet the picks out I know that rich will be on the mic pretty shortly at three o'clock in the afternoon and i'll be back on shortly after at 330 all right