 All right good afternoon folks welcome on back here this Wednesday afternoon April 12th shortly after 2 30 p.m Eastern time should be good to go across social media now at least I think that we had a small issue at first live this morning But good to go across the board there Of course good to go as always inside our live trading room great to see Phil and Mario rejoining us here Ron and later Good afternoon to them as always so that further do folks market is taking a dip right now like live as we're talking So what's happening here? Is there any like Fed minutes meeting that like concluded before? Obviously the CPI report came out early this morning But we're talking live right now folks like just right at 2 30 smack right now market just pulled back So yeah, it looks like the smaller Fed meeting happened the FOMC minutes meeting And you get these things happening like pretty much every like few weeks or so But this is one of the smaller ones so not one of the larger ones But with that said couple had the headlines came out just at 2 o'clock Not even as much now So it's pretty interesting to see more of a delayed reaction more than anything here at 2 30 I'll have my benzenga up just in case if there's anything else out that came out just here But nevertheless GFA I not certainly are certainly not listening right now to the market still pushing up right now Heading into the afternoon. I just made big pop as soon as the market opened up this morning So, you know, this was a big focus of ours at least after the market opened You know, I wanted to put more of a focus on the stocks that we already had on them on the morning watch list So we did really well on stocks like AI and C ELZ and Lucy and you know HTCRs CYTO is actually one of the best ones. Yeah, so this was actually right out the gate one of the better trades But hey, it was more of a level four or five stock even heading into the close today Looks like it's still pushing up in terms of the chart higher lows But look at the spread look at how thin or it'll look with the order book is right now So that's what makes it a very dangerous to trade Not only that but obviously just the move that it made today plus just the last week It's very well extended to see a stock go from like five six bucks back from mid of last week Basically a full week plus later to today and it's that like 27 28 dollars So, you know, if you're afraid of trading this stock you have every right to be I would rather you follow something else in that to in that case You know something that you could trade more shares of something that you're a lot more confident to trade So hey, that's up to you. We're all adults here, right? So, you know, if you're a new trader out here looking at the shiny object in the room, I Can't stop you from trying to trade this But if you were more of a level four or five trader already here and have proven to be a very skilled trader consistently here with CTU Well, hey, you know who you are right? You don't need me to tell you that so, you know That's where I say you know exactly who you are if you should be trading the stock Put this on our list for those folks But either way we'll see if there's anything else that's even easier and not just in terms of the trend again Nice trend, but in terms of just following the big money All right, still got my Benzinga up here market is dipping here a little bit pretty interesting to see live right now Let's go from top to bottom here recap a couple of the others that we ended up doing really well on We did really well on CELZ and not doing as well on it right now Meaning we haven't really followed it since so at this point right now Certainly looking like it's just gonna continue to fill the gap But more from the pre-market and then more from after the market opened up the stock actually had a really good bounce plate to it It shocked me I really didn't think it was gonna make as good of a bounce at the time off of 109 and I took the entry It shocked me, but still just take the entry set a tight stop I was gonna expect to take like a minus one or minus two at the time And it just kind of held higher lows higher lows pushed up a bit towards 117 118 Not the biggest and best trade, but it worked out I'm gonna show a level four here and tell you what I was looking at at the time I had big iceberg order on the bid at 92 cents. That was early in pre-market So really at this time I was expecting it to pull back pretty quickly But suddenly we ended up seeing a hundred twenty two thousand share print getting filled on the bid And it just laid over that price throughout the duration of the morning here That's what led to the bounce. Well the bounce before the pullback So actually to tell you that just the skinny on this we ended up getting out on this trade I know John get out like right around 125 124. I closed out right under the opening print I was not playing with fire, especially with how long it took for this to even move off this level So I ended up getting out at 128 penny under the opening print with hopes of trying to see this Hold a higher low with hopes and then obviously it crashed right away after So you know kind of posting a couple funny emojis inside the chat board there But you know hey, I wasn't expecting to have this collapse It's just that hey we're trying to get out and then maybe re-enter So once this crashed and then just got halted that's when it's pretty much game over I took a couple tiny losses off of a dollar like a break even and a small loss and then from there Just flattened out further and then broke down a lot more So obviously at this point, it's like catching the full knife here more than anything So you're not trying to long the straight at this stage It's as simple as that if you could short this stack, which I can't I don't think anyone really can but God forbid if you can get the shares to short then you know clearly that could have been a really good trade might still Off you a little bit more to work with going into the close, but Right now. We'll see what else is out there Tests kind of looking like the other one was at the TRTN trade buyout, right pretty much the same deal GFA I already we talked about this one so far and we'll keep it going here folks HTC are more from pre-market from like after seven o'clock led to a little bounce at first But again same deal with this as we just saw earlier on the CELZ complete gap fill here now at the stage I See why to I mean obviously a bit of a wonky chart here as well But you know this actually had a really strong bounce just as soon as the market opened up So it was trending down leading into the open It was definitely filling the gap early in pre-market then thankfully after the open it bottomed out and then broke back up Slingshot so to say this was one of the better trades that we ended up actually catching throughout the morning audio that we ended Up doing so a couple quick shout outs on this trade actually if I could Let me just check really quick just checking on on the chat right now Mine well got like 30 cents on this trade Brian got 29 cents Kathleen in from 206. She got 44 cents on it That was all from earlier today I know a few more of us like John and myself are on AMC But they're just in terms of the CYTO and I sort of move up here, right? One of the better trades that we ended up catching across the day once the volume peaks and dies off though We often say this year So does the stock You know hey CYTO. We're not really too familiar with it looks like prior to today Stock was like trading barely over a million shares here these days them before that We have no business with the stock mainly so no no surprise it came all the way back down and you know Obviously flattened out here at this point All right, so let's keep it going here folks and my apologies slightly under the weather I don't really know what hit me like kind of late morning early afternoon But like got the life sucked at me it feels like so obviously not on camera for that But I try and go through this meeting here pretty quickly FRGT ended up making more of a steady move up off the lows, but it's like kind of chugging on up It's making that kind of like slower grind Not exactly my cup of tea right there, but it's still holding strong near the highs here going into the afternoon If we can get a re break over three then that could definitely lead to a nice, you know higher high So hopefully we get that here for right now. I'll put this back on our list HILS not much happening there tightens the buyout BFRG we called bottom on this really nicely heading into the early to mid-afternoon But the issue on this stock this is what made it dangerous I I reckon not many ended up taking this call out because of how ill-liquid the order book was I realized that afterwards But otherwise though this just had a pretty interesting level Sniped is just interesting right off 530 IPO open price ends up bottoming out there support initially holding a higher low now I just you know it led to a nice little squeeze to begin But at this point now it's making lower highs just the order book looks a little skimpy So I'm not fully committed to it just yet. This was the AI trade bullfrog AI We have the other one on there GFA I right We'll come back to this at the end though. I'll put this on our side list Yeah, GNS your former runner for us just back like a year ago Maybe six months ago, perhaps you could say and a little run-up once again today for that one, but we'll pass here All right, so market is plunging could be finding some stocks landing its way on the loser's side right now my scanner here So let's see if there's anything looking just as good from a yeah Loser's list right now CTR dropped off earlier this morning obviously dead right now, but could have been a nice short CRUS too expensive Wow American Airlines got crushed didn't it I saw this drop off early in pre-market Then I really turned my head away from it Just we had plenty of other stocks on the way up that we're looking pretty good But nevertheless this could have been a really good short It's at the lows right now could be more for the taking if the markets could tend to You know whether they break lower or not continue to show weakness So AAL yeah, I'll put on our main watch list for right now. I think this could be earnings related So let me just double-check on that If you're familiar with this trade you may already know so let me just double-check here for us AAL expects quarter one adjusted EPS Yep, they ended up issuing preliminary results and it was below analyst and expectations All right, so it broke below 13 just recently here re breaking below 13 So this could be pretty easily on the way down look for a 1290 to be a backup support level to 13 there then from there Like really every 10 cents could be a design support 1280 after that 84k on the bid Yeah, boil ETF short of like gas, but now we'll pass on it Peloton from this morning. I didn't really see this until the later part of the morning here So caught this one a little late personally, but Peloton dropped off pretty nicely here today and just kind of flat though for the afternoon Foustose potential swing trade on space I got to check in with him personally just as far as if he's still in this or if he ended up jumping in from Early this week, but it's still kind of back towards his support level He was following the dip point from the end of last year roughly around that 324 325 so obviously having a down day today down over 8% right now, but Still technically it's holding over support You'd need to see it hold a higher low at minimum though as far as that potential swing trade You know as a day trade no business with the stock today just too slow normally All right, so there's definitely more that's down percentage wise like number 45 number 50 is like around 7 8% So I'm gonna take a quick look again on benzinga pro Let me just bring up the scanner here that I did earlier today Firm I saw a pop up there just a moment ago AFRM beyond meat Maybe a couple other stocks like Delta Airlines UAL obviously all airlines moving well together But if Americans off the news that's the one I'd rather follow Delta's not looking too great there united could be going with american will follow aAL if anything there no need to write them all down Tgtx what goes up does come back down and this is shortable. It's at the lows Big support off 20 Potentially should this break lower for a quick like 25 cent short I know that could be more of a scalp in relation to the overall move that it made today But hey, there could be even more after that but look for 20 to be a major support level on this trade Uh, you know what? I'll slip this on our list It's tradable and for right now. Let's see if it ends up moving lower Affirm AFRM down over 3 percent. It's you know trotting towards the lows, right? Don't really feel a great need to put this one on there So you know what folks we're gonna wrap up for right now We got four stocks to work with then we'll check in with the bfrg I said here just a kind of on the side list here to wrap up It's kind of hanging in there hasn't totally dumped off yet I just wish the order book was a lot more liquid a lot more filled in spread tighter Hopefully that were to be that hopefully that will be the case coming into the afternoon All right checking youtube checking the cyber group right now Just any of our streams or our live trading room seeing if there's any other callouts that our students or members here have Some choppy market says john. Yeah, I mean we'll especially we'll this drop off now Perhaps we'll see further conviction on the way down. We'll see All right, folks, we're gonna wrap up for right now. So hey Not a bad list actually for what it's worth We got a couple good stocks at the highs right now like the gfa i and fr gt A couple stocks on the way down like a al and tgtx so really no complaints so far and like I'd said You know, I wouldn't really look to stray away from this watch list Unless if there is something that is making such an obvious move up or down that you know That we would have put it on our watch list instantaneously So, you know, if it's something that simple to say up there we go Then call it out then call it out at that point folks right But otherwise start and stick with this list see what we can work with here heading into the market close Rich will be on from three to four o'clock But for any of our members on social media if you're interested in just joining our live trading room Go right down to the link on the green banner below other stream right there to get yourself set up to get yourself started If you have any questions prior to joining us though, feel free to shoot me a quick email joshc2trading.com All right folks, but enjoy the rest of the day and um again I'll catch back with everyone if not later on this afternoon in the chat then otherwise come tomorrow morning I appreciate that sam and lead and all this just your otherwise take care