 All right folks good afternoon here and welcome on back here this Tuesday afternoon shortly after 230 still this August 1st top of the month once again to all of our students and members alike inside our live trading room we have Rod Ira just before Charles Roger Bell Grant Scott and a lot of us still with us here Michael and Ravina included and Lawrence and perhaps more of us joining us right now live but perhaps otherwise just joining us on social media Facebook live LinkedIn Twitter YouTube the works we have a lot to discuss as I always say but that's always the case here this afternoon because you know typically we'll recap the movers that we caught from the morning session we'll take a look at a few stocks here this afternoon we'll start off with what's on the screen here so RGTI nice little push so far perhaps a bit of a tease to begin right ended up making a nice little pop though after it ended up breaking above three so easy to say but the first test of resistance off of three it looks like it just held perfect yep just kissed it right there bounced right off then on just the next test even though perhaps you could still expect some turbulence some resistance around there like a false breakout or so it made a very very efficient breakout so even from there it just never really pulled back down to three just kind of kept going and going up towards 325 323 definitely for right now gonna put this on our main watch list to begin right RGTI just stock at the highs good order book it's cheap certainly has made a nice move even beginning from like end of june time so you know when is it gonna top well that's the same question you could ask on like all these other trades that we've been calling out you could ask that on Tupper from last week you could ask that on Carvana last month you could ask that on AI two months ago we'll get to all those trades in just a moment but you know hey looking at the historical chart for right now it looks like a bottomed out roughly around 360 ish 380ish perhaps back you know beginning of last year so don't hold your breath waiting for that 360 to 380 but it's definitely in good shape looking at the daily chart looking at the intraday chart here the one minute chart here so for right now I'll put this on our watch list I shall keep it on the weekly because what we'll do is go through a few other trades here you know stocks that ended up doing pretty nicely from the morning session this one I just want to show briefly as we go from top to bottom 80 mp we're not going to trade this but you know just I want to show it because it was a similar stock from yesterday ended up getting halted incessantly over and over and over and you can't trade it you know you don't want to trade a stock that's too small cap or too low float too illiquid on the order book mainly here looking at the big spread scarce volume out there that's extremely dangerous so for anyone that like promotes that type of trading I mean everyone has their own level of risk degree of risk but we're not trying to kill ourselves out there to flip a profit so you know if you rolled the dice if you went to the casino on this stock as I like to say good for you but for right now even this MSGM there's a couple of these that look like this right now at the highs this is also pretty illiquid so you got to be very careful on this type of trade here too looking at the order book the big spread very scarce volume out there as well but train a lot more volume across this smaller time frame so hopefully the order book does fill in a lot better on this trade seemingly it's having a tough time breaking off of like the recent set of highs it was building like 850 ish yeah like basically 850 there if anything look for a pullback maybe you could find support to build once again off of like 711 or otherwise 735 ish I'll put it on our main list for right now I like the RGTI a lot more though probably like this yell yell trade still the only gripe I have on yell is that prior to today and prior it's like the last couple of days it was trading you know a few million shares here and there which is very tradeable by all of our standards here at CTU good order book all that good stuff but when it already made such a big pump just from yesterday and then today of course when is it going to begin to pull back well it's at the highs here looking at the one minute chart still pretty much near the highs so I'm not going to write it off just yet I'll come back to it if anything not fully convinced with putting this on the main list just yet looks really flat so I think that most of this move is finished up at least if not all and if anything I'll come back if I need to say the same on ID AI even more so so I'm actually not going to put this on a list at all but I know what goes up comes back down ah the AMSC here so of course we got to talk about this one so let me clear all my crappy lines though for right now you can see the AMSC trade ended up having that big pump early in pre-market hours but I think there could be a lot more left on this trade like long term or short term so to say like next few weeks and months ahead just in terms of seeing this build support here across the chart it's been making nice trend and moving back up to 16 so could it be a good day trade at this point into the close I do think so the order book is definitely thin I mean hey if I'm putting MSGM on the watch list and it has that type of order book I think AMSC looks great as far as a chart it's not necessarily at like the highs of the day obviously but beautiful move back up for right now and we'll see if it can keep going superconductor stock that's been the uh big hype and you know big hot sector so to say we're emerging coming up over the next few weeks and months ahead some big headlines out with that and I will say the headlines are way above my pay grade don't ask me to recite them just we follow the smart money here so you know if I see a headline I'm not going to just jump into a trade but if there is good volume behind it sparks good conviction for us then rbt I haven't seen this trade until right now stock ended up doing well yesterday too another like pump from 70 up to like 120 and within like 48 hours I'll write it down for the side list here rbt come back to if I really need to but I'll pass top I just got out on a small trade here on Tupperware just earlier I took a little money from like a trade from earlier across the morning session it just failed to really break out higher just here so I was saying a moment ago if it wasn't going to break over for uh if it wasn't going to break over 554 and make a big move up then it's not good news I actually in fact wrote it that way I was like you know if it stays above 554 it's good if it's below 554 it's bad so you know I saw a break under 554 I said you know what let's take the money and run to be responsible here and you know for right now just I'm going to keep this on the side list not really convinced of a big pop back up just yet if it ends up popping during this meeting folks then you certainly let me know that's where we work together as a team here between you and I and see what else we can do here right now ARQQ it's at the highs don't get me wrong it's got a lot of volume for it to cut through there's a lot that I'm going to put on this proverbial side list right now folks so you know we're probably going to jump back to a few trades at the end collectively and now we got three on the main list so far and RGTI looks good that AMSC I'm more you know hopeful and I think that I have a good intuition on it but you got to be careful on that one QUBT scene dealing this it's just pretty tired right now I think there's just a bunch of big orders out there in order for it to break over I feel like it's a tough ask right now looking even more so on level four all right so I'll tell you what even more so here we need to work together as a team because there's a lot more that's up percentage wise but you know really some names I'm not really too familiar with I haven't really seen here like TTI THRM OSK so I'll jump to Benzinga myself to wrap it up but there's anything else that you see right now that looks good you know chart wise type it in I'm just checking out Blue Apron here familiar name not really looking too good but you know those the types of stocks I want to just turn to stocks we've seen make a big move in the past really not a whole lot else out there across the gainer side from my side of things that I see like looking at like a name brand stock or something we're familiar with and that's okay you know so far so good we got three on the main list so far let's hop over to the loser side here TGTX I'm tradeable but it made most of its move already from the morning session dropped off and was a great short and was as good of a dead cap bounce from roughly around 10 broke a little bit below it but then end up finding that good support off 10 later on so a great trade you know write it down for your side list tomorrow perhaps so likely have similar volatility to it HLIT not really doing so much there SILV is this an ETF or is this a company yeah it's a company not an ETF so we'll take a look at a stock like Pan American Silver kind of similar silver stock at least you know not really down as much not really at the lows like this is but this is like watching paint dry here right I'm watching the grass grow for a potential breakdown see a new short you know just to see support off of 450 but I'm going to pass on it I want something a little bit quicker a little bit something faster NCLH you know made its move earlier today too similar drop off off from earnings and made a good dead cap bounce perhaps but I feel like it's just going to kind of tire out now heading into the final 75 or some minutes left all right so I mean I tell you just from doing this as much as I've been doing in here I might look lazy but there really isn't too much else out there that is like a really standout name of course right as I say that for any of my longtime members here that's typically where I run right into a trade that does look viable and does look all right and I'm starting to look at this Zi's I just turn to it there right so it's pulling back a little bit it's not really at the you know session lows off of 1856 got a little ways to go to get there but it is trending down somewhat nicely it has a great order book does have an iceberg on the bid to act as big support here at $18.80 so if you're asking like hey does this provide an opportunity well you have a big level you have a trend it is easy to borrow on trade station and it has a liquid order book so all of that does check off it's not really at like the session lows or whatnot but you know what I think there we go just in typical afternoon meeting fashion right as we say there's nothing left from the loser side we run right into something so don't mind if I do there we go Roberto no worries my friend we're gonna look to post this watch list just as soon as I finish flapping my gums here all right so if there's anything else folks that you see up down left right more than 5% that you'd want me to look at take a look at here just check out let me know I'll post my email address here inside our streams right now on social media facebook live linkedin etc etc just any questions that you got from me send over a quick email josh is ct trading calm otherwise of course we encourage and invite you to join our live trading room just scan that qr code with your phone right there get access to a week long trial inside our live trading room now with that said let's jump to benzinga what do we got here folks anything good from benzinga right now before Fausto's class quick reminder again for all of our gold platinum and diamond students you have the phase three stock course lined up at 305 eastern time so that's the advanced trading class with Fausto he's basically looking at everything I'm putting on this list gotta build out a good list I gotta impress the guy there right I don't want him to work off a crap watch list there so let's see if there's anything good here so far ASPI I'll take a look at it yeah no no no no all right so I think that we're pretty much finished up here folks I'm gonna just check out the ones I wrote down on the side list here at the end and that's gonna do so MNK that's a no go RBT was at the highs right this was at least right at the highs and trading nine and a half million shares right now which is definitely a lot compared to what it mainly does on a day-to-day basis I know just the last week or so it looks like it exploded in volume I'm saying before that time so that's still a lot and for as much as it moved up already it's a tough ask but it's in better position compared to a lot of other trades so you know what I'll slip this on there RBT the yellow trade it is flat don't get me wrong but I reckon I could put this on our main list here it's just still you know not really making a lower low as of now the ARQQ kind of similar deal with this as the RBT right this one really hasn't exploded in volume as much the last few days or the last week like that other one you know you had a couple big days here but otherwise today's the first standout day in a little while so perhaps there could be more to come on this all right I'll add this one as well ARQQ what else what was the last one there Tupperware right that's a no go all right I'm happy I got out to broke lower all right so in total folks we got two four six six stocks to work with I think there was one remaining here from our side list Peloton I wanted to check out quickly I think one of our students asked about that it's going nowhere right now it's not up or down anything right now I'm going to pass on it PBR from Ira same deal on this this is just such a heavy volume stock it's going to require a lot for this to actually make a big push upward it's just you know a sideless stock it's just you know this is you could kind of compare this to so many different stocks out there you want something that's more bang for your buck something that's up or down a lot we teach this all throughout the phase one stock for Cyra right in terms of building out our watch lists across the morning or the afternoon so honestly this is not something I'd be as jumpy towards GDRX for Mike same deal here pass on it I mean if it's shortable it could be a good short short should it break lower but there's better trades right now folks RGTI ZI even that ARQQ RBT perhaps that AMSE Larry says before we finish up I got to make sure that all of you get ready for class coming up here and again as a trial member here joining our live trading room I had a couple questions about this just now just make sure that you get in touch with your education advisor they're the middle man and more or middle woman between you and Fausto where they'll be able to break down just how the classes work just what's included with each course package so I'm going to post our office phone number right here for any of our trial members that were just chatting me on that and then just give a call to them if you haven't scheduled that appointment but from Larry he's asking what do you make on the volume on RGTI every 10 cents well I know Larry's a student my was a longtime student CT he knows we was asking and talking about here and yeah roughly just about every 10 cents loosely speaking you tend to see some sort of level but you know you could even go every five cents on this right like roughly loosely speaking you know rule of thumb every five or so cents you could probably see some larger order out there focus if you have book map Larry focus on the whole number like three but then otherwise just to see where the larger order is out there let me if I can Larry pull up RGTI and book map as I'm flapping my gums here going overtime before Fausto's class guess what's popping back up right now Tupperware so I guess it pays to keep talking right so Tupperware I'm going to slip back on our main list look at this nice little pop back up and over towards I should say my 554 line so still not out of the doghouse yet for that Tupperware for that to be a really good trade it's got a bust over that 554 Larry on RGTI it's really just three and like 325 330 that's it folks we're going to finish up right now there is nothing else left and I could just tell you from my side of things we're going to finish up I want to make sure that students like Ira and Larry and Michael and over gold and platinum and diamond students have a chance to get access to Fausto's class again the phase three stock course live trading you're going to get to see Fausto pull the trigger just based off these stacks here all right so hey best of luck trading going into the market close Rich will be on the mic just in about 15 or so minutes here for all of us right now take