 All right, good morning cyber traders welcome on back here this Tuesday morning April 11th shortly after 9 a.m Eastern Time great to see Grant and great to see Leda and great to see John and Brian and Felix and Ray and all of us inside Our live trading room you can hear me But you can't see me great to see all of us back at least on social media though Facebook live LinkedIn Twitter YouTube So with that once again Fausto is just out on vacation throughout this week Perhaps he'll be back in later throughout this week inside our live trading room Don't take my word for that though But I'll be tagging in for him though just throughout these morning meetings here So with that said you know a lot to talk about going into the open today again We're kind of waiting ahead for the CPI report later throughout this week I think tomorrow morning as we had talked about from yesterday Not only that but with the hesitation coming up in the market It gives us a good time to talk about a couple of the runners that we had from yesterday and as well as well Hey today being Tuesday as we always do inside our live trading room Tuesdays is known for traders talk That's our weekly live Q&A workshop that we host every Tuesday morning So for any of our students like John or Grant or Bell or Craig or Victor or Chris or anyone else here You folks certainly know but as a trial member that really gives you a good opportunity to learn more about what we're doing They're not just like the raw rise and like all the look at the profits It's real education as far as knowing what we're doing why we're making the call outs and everything else in between Basically saying how the sauce is made so if you have any questions feel free to shoot me a quick email Josh at CT trading comm again That's exclusive to any one of us inside our live trading room this morning at 11 a.m. Eastern time I'll jump back on the mic at 11 o'clock Eastern to begin that now Hey, if you're on social media if you wanted to join us for that workshop later this morning Just go right down to the link on the green banner below the stream Just to get yourself set up for a quick week-long trial to her live trading room and hey from there Shoot me a quick email, right? But hey wait watchers really nice pop right now. I did not get my hands on this stock yesterday I was doing a lot more pre-market trading myself today I said, you know it Let's just try and actually prep up for the morning like normal and I didn't really put much focus on pre-market today And that's all right I mean hey I mean this actually provided a really good chance for us to jump in as it ended up breaking back over resistance off of 525 530 now the news out on the stock wait watchers I put this on the pre-market watch list early this morning or at least afterwards I should say no it ended up making a nice move, but what was the news out on the stock to begin? Well at 6 30 6 40 in the morning Eastern time news came out Goldman Sachs upgraded wait watchers international to a buy they raised the price target to 13 13 bucks Hey, you don't want to hold your breath waiting for 13 bucks And you don't even want to hold your breath expecting a big move up after that type of news That's extremely common news that may come out you know across any trade I mean there's a thousand different firms and you're just because it's Goldman Sachs. I mean hey could have been credits There could have been um, you know any one of them it could have been JP Morgan could have been city group Wells Fargo any of them right so it's saying that a nice reaction and hopefully there is more to it afterwards Once the market does open up I would say if anything if it does begin to pull back down again 5 Seem to have been a pretty strong historical level as resistance from the end of last year into the beginning of this I mean you had a huge pop and drop you know back a month ago basically So if history repeats itself here and this dumps back down Let's see if this area could become support. What is this like 490 to $5 basically? Could be pretty interesting for later on today at least But you know if it ends up failing to do that and just runs up higher again Then we'll be acting to see if we can take it on the way up once more But yeah wait watchers either way. I'll put this on our main watch list just to begin Now with that though, we had a couple of other trades like I'd said from yesterday We'll talk more about in traders talk later on today, but JFBR. This is actually up again this morning This was more from pre-market from yesterday This was like the first one that we ended up doing pretty well on from yesterday to begin the week So it ended up making a nice little pop from 7 a.m. I mean from beforehand But much better play after 7 o'clock then going into the market open made a good move off of the support We had called out 125 to 127 we had said so nice little trade on that and it ended up fizzling out afterwards So you know you don't want to get stuck holding on to a trade like this It ended up moving up a little bit more this morning Actually, you know what I'll say I'll say this moved up a hell of a lot more early in the morning But dumped all the way back down. So basically it's back to where it started from yesterday's close You know going into the open I'm not too particular about the trend on this and only leads me to think it's only gonna Continue to dump off afterwards. Maybe I'll write it down on my side list here You know just so I don't forget about it Maybe later on if there's nothing else that that's looking good, but weight watchers definitely has a lot more my focus here But otherwise what else did we get me at the tgtx from yesterday morning and trying to head into the close We were looking for a better run off the 19 level But from the morning session yesterday the stock ended up making a pretty good push from 17 up towards 18 Then eventually rebroke resistance ran up higher You know perhaps we'll talk about this one in our workshop There is one that I do want to take a lot more time to go over Save that one actually for last year in a bit, but you can see heading into the market close yesterday for tgtx You know one of my students Gary and I were on a coaching call together We were really looking forward to having this break over 19 run higher into the close and it just failed to make that illustrious move, right? So, you know right place wrong time perhaps and maybe there could be a better play on this You know at some point today It's only trading 25,000 shares though like that's like really poor if you know if there's gonna be any big money Traded on the stock today. You know what I mean like weight watchers obviously is trading in millions of shares at this point You know, there's plenty more that's treating a lot more liquidity out there this morning compared to this why? I'm not trying to figure that out. I'm just trying to follow the best moving stock So honestly, we'll kind of write this down on the side list alongside the the JFBR And then we'll kind of move away from it for right now All right now. Here's one. We're definitely gonna move away from I just want to show this to show this You know we showed it yesterday was on our pre-market watch list. It was looking great going into the morning So the ONCS trade was a pretty good move out the gate and then after the open took a little while But then eventually tried to break higher and made a pretty good move for what it's worth All right Well, you know to any of our trial members here like Dave or Ravana or any one of us just here that are joining us for the week Antonio here or Roberto Eric, you know, hey listen if you are already a consistently profitable equities day trader Then you know who you are right? Let's be honest with ourselves here But if you're not Exactly that then we wouldn't want you to be risking your money. Yes Even on our runner like this that you could make money on why because well We're not trying to swing trade these and we're not trying to be in these trades all throughout the duration of the morning or the day Why is that because when the volume peaks and dies off typically? So does the stock but on top of that you have utterly no idea when news like this could come out Right, I mean just added nowhere Oh and CS ended up doing a direct offering of shares to where they ended up just diluting the stock price You know got crushed off the news and then the the gap down lower when it reopened So that's where we could just say listen traders talk today is going to be able to cover a lot of the exes And those so I look forward to teaching that inside this live trading room later this morning again for Dave or Gary or Esther or Billy or any one of us here You know don't need to click a link. Just stay right here, and we'll do that later on today All right, so it goes up comes back down, but you don't really know when direct offering common stock offering, you know news comes out like that and That finally leads me to the one that's actually on the losers list here today Well, this one also is on the losers list But the GCT K this one we are going to take pretty much a lot of time and traders talk to cover This would be one of our kind of case study so to say where we'll have to review this from head to toe You know ended up making an enormous move from the morning ended up extending up towards 350 360 ish heading into the late morning early afternoon But again fail to break higher fail to make that bigger move for us into the close or you know Not bigger but like fail to run up higher going into the close for us Even if it didn't make as big of a move as this right well Take like even a higher high but nonetheless what goes up comes back down what goes up comes down twice as fast if anything So this is down over 21% today and wouldn't shock me if this ends up breaking a little bit lower after the market opens All right, so definitely will write this off for the morning But we'll come back to this at least in traders talk and review the move that was from yesterday All right now with that what we'll do is just go from top to bottom. We only have weight watchers on our main list so far Now with that in mind though Lucy, of course, we're gonna put back on our list here It was on our pre-market list. Let me just get the news out on this Lucy trade really briefly I didn't even care to check up until now. You know me. I'm a little ignorant to the news here I care a lot more about my icebergs than anything by the time I look at Benzinga Pro Look at the news and even care the stocks often running without me So, you know outside of me saying all right We'll all spend more time lining the stock up going into the open compared to trading in a pre-market You know this actually could go against me in that regard because this has moved up so much You know at this point that hasn't already made the most the majority of its move Is this gonna you know really continue as well as it has so far once the market opens up So the news out on Lucy really quickly just for those interested Innovative eyewear is the name of the company. So innovative eyewear shares are trading higher after the company announced it launched Chat GPT enabled smart eyewear AI Enabled smart eyewear. How about that? So as if you didn't think that there could be more innovations with like AI and all this stuff going on Well, think again now we're getting into eyewear involved with chat GPT. I have no idea what that entails After the morning and after the smoke and dust clears and after traders talk Then I'll care to check but again even looking up that information now kind of causes us to miss a nice move Even recently here from like 320 up towards 363 70 So definitely going into the open and we're gonna keep this on our list at the top The one thing I pointed out inside the chat board folks. I was very prompt about this I was very you know firm about this saying Lucy's a new IPO after three there was not really much historical Resistance we pointed that out as early as 757 Eastern time this morning Right. So once this broke over three, there was no other level this thing just flew So with saying that the question is like, I mean, is it gonna be close to all-time highs? No I mean all-time high technically is like kind of off its IPO week. That's basically at $7 now Maybe over time perhaps as a swing trade. I you know, that's a different story But as far as a day trade today, you know There's definitely minimal historical levels to work off of but you'd have to work off of at least the first couple weeks of it Just kind of coming off its IPO if anything zoom into these two weekly bars a little bit closer Go into like the 15-minute candles there and just see what's out there as far as a potentially stronger level But yeah, Lucy definitely will put back on our main list 360 if anything and this could be easy to say just looking at the matrix But relative to the other price levels nearby at 360 seems to be pretty big Lot of volume filled here across the last three to four bars here at 360. All right. We keep it going though I stock that is going the complete other way Z Fox right now the stock were pretty unfamiliar with I mean, I reckon that we were unfamiliar with Lucy at 1.2 But you know Z Fox also kind of new IPO. It seems back from like mid of last year popped and then tanked Basically making that same move today on the intraday chart. It popped and now it's tanking So yeah with saying that going into the open I mean, hey, I'm not as keen about it now compared to earlier But the stock is trading a lot of volume per minute good spread good order book You know, if it's got a low flow normally trades crap volume day to day Then you know, this really could be the end of the show and might just kind of consolidate Afterwards when the market opens up but for right now I still find it worth the opportunity to kind of shed some spotlight on put back on our list here Probably be towards the middle or the bottom for right now the Z Fox trade What's the news on this really quickly since I got Benzinga up? Zero zero Fox shares trading higher after the company announced it is partnered with Google Cloud To disrupt fishing attacks and malicious URLs So not AI this time but actually pretty interesting news with like cloud software anti fishing software, etc So, you know moved up earlier today if it could break out of this downtrend off the highs Or if it ends up accelerating really fast from this downtrend here like Smash is much lower and get like a low ball entry that that's different But if right now I guess I'll keep this on our list We watchers obviously still pumping up pretty nicely You know we talked about that to begin this meeting and you know, this one's going to be near the top of our list as well No gn nice little pop here from the after hours yesterday It's just kind of flattened out afterwards. I thought there would be more life to this trade after eight o'clock I guess we're starting to get a little bit of life now just around nine ten nine ten eastern time here If it could hold over the VWAP hold over two seventeen in particular there could be a pretty good trade Uh, you know, I don't mind it right now again kind of same deal with this as I said on like z-fox Good spread. It's tradable. I don't I don't mind putting this on our list for right now But you know the others that we talked about look a little bit better All right, we keep it going b n r g. Yeah, again, same deal with this. It's just dropping off here quite a lot Kind of just fish through these a little bit speaking of fishing Kmx not much happening there kind of expensive too I guess it gapped up a little bit in the pre market, but otherwise not much else The stock e-bix I think that we saw yesterday it popped up and then dumped back down pretty quickly All right, anything else i'm missing on the gainer side I I know there's a couple couple else that I want to talk about just before we wrap up just from the side list I was talking to my student patrick about this through private chat amc, of course, so we'll get to that in a moment All right, we'll hop over to the loser's side right now. Let's see if there's anything looking just as good if not better You know there's a lot that's down percentage wise This opi is shortable at least trading 237 000 shares It just looks like a spotty chart though in pre market There's not a great need for me to put this on our list right now Now this has a little more direction still kind of spotty chart But definitely showing good weakness right here or strength to the downside nonetheless, but you know good short on ad tn Hopefully the order book fills in a little bit more after the open I'll slip this on here as well on the main on the main watch list here Yeah, cow what goes up from yesterday comes back down again. We talked about that before All right, so folks, this is where I'll need your help if there's anything else that I missed here Definitely type it in the chat board. Definitely. Let me know now amc more from yesterday it ended up popping a little bit after eight o'clock but flattened out It's up over three percent, but it's one that we're pretty familiar with and you know pretty low risk Otherwise for me to kind of slip on the back end of our watch list for eight now Mark says ai is moving up. Well, maybe with the news of the Lucy trade, maybe that's getting a good rub I mean it's checking on the spiral together spies just kind of inching back up a little bit right now Ai definitely making a bit of a stronger run for the meantime Uh, let's just fish through the rest of the sideless stocks. This definitely looks good I just want to kind of cherry pick the best looking one so far. So if that's it, I'll do it Uh, yeah, I mean none of these other ai stocks are looking too great just yet. So this ai trade actually looks pretty good Uh Yeah, why not for right now? Unless if there's like a thousand other stocks that start to look like this But you know for right now ai looking pretty interesting Lucy almost at four says ryan. There we go. I now at this point I had to expect false breaks the first test of major resistance I'd also expect a lot more profit taking now at this point heading into the market open after the run up that we had So I would not look to uh Test it I would not look to uh dare to try and swim or fly too close to the sun so to say All right, so with that I don't want to fly too close to the opening bell We got about 11 minutes to go before the opening bell folks. So I think that we're pretty much just about wrapped up right now I last call on my own end. I guess I didn't really look at my scanners on benzinga so Maybe there's one I didn't look at here. I don't know what the chart looks like But clsk it's up over seven and a half percent. It's a stock that we are pretty familiar with It's one of those like ev related stocks Uh, little move up so far, you know, I like the trend if I put the uh ad tn on our main list and that's kind of spotty on the way down You know, then that other one clsk spotty on the way up, right? So I don't mind slipping this on here too We're familiar with it also have experience with it All right, so for all of us in social media facebook live linked in youtube, uh, twitter, etc Hey, if you were interested in joining us, especially for this workshop of hours later on this morning traders talk We're going to be doing that exclusively inside our live trading room If you wanted to join us for that just go right down to the link on the green banner below the stream right there Just to get yourself set up for a trial But for all of our members and trial members and students alike there I look forward to being back on the mic not at 11 o'clock year But coming out very shortly just at the opening bell. I'll jump back on for a full hours worth of audio commentary A lot of talking today. You gotta refill up the old water bottle here folks So I look forward to it. Talk to everybody here pretty soon. Take care