 All right, folks welcome on back here this Wednesday morning August 16th. Happy for no Wednesday, Andrea And we're in your for no control Cultura shirt right now love to have it fits well and great to see all of us here all of us here inside our live trading room You heard a Sam Barbara bill Kathleen Donald Grant as always Chris Thomas Leda John from before Wayne and all of our students here Let me know folks if you can hear me loud and clear it should be good to go right now My cave right now my home office need better lighting. It's also crappy outside. So right now in Florida It's about a downpour by me. So I always get some good sunlight out there But not today great to have all this back on social media once again subbing in for Fausto He will be back next week just still on vacation Hey, rightfully so and with that is been a slow pre-market morning I've had a great pre-market all throughout this week just Monday and yesterday, but then today Really, I mean just things were pretty dry So let's go over a few things that failed to move failed to move is really the phrase that will go cover here DLO to begin just in pre-market here pop from after hours yesterday off of earnings I think they made you even raise their guidance or reaffirm their guidance and hey You figure at some point this can make a nice pop or move and that still could be the case for when the market opens up But the stock just had bad liquidity So it was on our pre-market list But I was hoping for the order book to fill in more and it really didn't so you know Hey for right now for the morning watch list for the opening bell I'll slip DLO back on there But again, I definitely hope that the order book fills in more for a dollar stock dollar 31 cent stock BH AT Blue hat. I don't know what the company does. I honestly didn't even care to check the news You know just with us trying to find a few different trades in pre-market Hey, if it's up decent if it's trading of 100,000 shares or 50 80,000 shares by pre-market Okay, well, there's a good chance that this can make a nice pop or run at that point, right? So BH AT I Don't know it looks like there's some prints that came in here at 849 in the morning I see here, right? But honestly like I don't know if my charts whacked out or what but I only see data from 8 o'clock Just in terms of the one-minute chart. Let me ask for all of us here Michael I got a couple Michaels there Michael B. Michael D. Sam Andre, Roger all of us here What do you folks have on on your chart here for BH AT? You see anything because I've been calling this out because it hasn't really been moving or at least from my view it hasn't What do you folks have Sam Singh Fausto chose a great week for vacation perhaps? And certainly like really the middle of August is just about the best time, but we've had a great week thus far today It's just been really really dead Man, I'm looking on book map right now for this be hat BH AT. Yeah, I got nothing here as well Shows like at least some sort of activities from from 8 o'clock onward All right two days in a row that we're doing this folks How about this are we going right back to Nasdaq Holt website right now? We're gonna check this out. Is this halted out of nowhere? I don't know I'm gonna figure this out in just a second here. So bear with me Nope, no halt so far on BH AT Wacky chart though from trade station. So Michael says be hat went from 105 to 141 Well, that's what the early chart shows from like five o'clock in the morning. That that's there on the chart for me But yeah, a little weird there. I just realized that now. So, you know, hey I'll slip this on the morning list the watch list will call it because we're not gonna necessarily trade this right out They gave and certainly if there's no activity on it or if there appears to be no activity on it Then we're not going to at the end of the day So we'll slip it on at the very bottom for right now But this is kind of what I'm talking about here like there hasn't been a whole lot of opportunity early this morning in pre-market Regetti RGTI another stock that we thought could have made a move this morning It was up percentage wise and pre-market here, but even early it was making like a double top It failed to break higher. So you're hopeful for it to run again, but it hasn't yet So that's been an issue target. Hey, it's expensive But you know what we're when we're at the bottom of the barrel and we're really itching for a stock to call out Then we'll go more expensive. So target coming off earnings here ended up dropping off after eight o'clock Just before I made the shout in the room like over time It wasn't for immediate term but for like, you know across the morning in the event where Target tends to hold higher lows and especially over 134 strong support from early in pre-market this morning Well, if I could hold over that again, then there's a better chance for it to try and run So here at least it tried but then failed and then pulled back Well, if it can't get back above there again here by the time the market opens up Be careful for a gap fill or a potential gap fill for it to try and break lower at least You know, hey again target I'll put on our main watch list for right now as well kind of towards the bottom with the D hat trade What was that last one? We had a couple more, right? Michael says bad guidance from TGT though Oh, if that's the case what they have like bed and good sales, but then they ended up lowering their guidance Michael Is that what happened? I didn't check the earnings report in full But the fact that they were up you figure they beat or the revenue beat But if it's bad guidance on top that actually is not good So that could actually lead to a potential gap fill there could be a good short And hey, if you don't trade the stock you could buy the puts on it should that happen Neo this actually was on our list for the right reason as far as it was down percentage wise the markets were down early So I figured all right. Well, there's a chance if the markets keep going lower and pre-market here Why not follow a short like Neo? So in this case, it didn't really make that lower low yet But you're looking for that drop. It hasn't happened yet there I don't mind slipping this on the side list for right now come back to just at the very tail end of this meeting I'll likely slip it on our main list The DCTH this one I was more speculative about in terms of pre-market here It was trending up a little bit after eight o'clock, but I'll tell you the the liquidity just was bad It's still pretty bad here right now in pre-market just a hundred shares here You got your Fausto one share, you know comment right there You always says just trade one share just read one share of the stock, right? Well when the stock has this thin liquidity across the whole order book It kind of means that there's really not much smart money not much big money trading the stock right now So I like this stock. I like the news that came out on the stock You don't want to fall in love with news, right? So I'm gonna hold myself to just that and if it fails to break higher once the market opens Then I'm gonna move on so I'm gonna put this on the main list. I mean all all of them But Neo we actually put on the main watch list to begin here so far You know we're looking for that better move So it didn't happen in pre-market so far, but we got plenty of time, right? Let's go over a few trades at least otherwise that we're moving in pre-market here You're trying to call out a few more stocks We were talking on target how on a day like today when we're at the bottom of the barrel with like call outs and scanning We'll go a little higher in price. So we had target We'll get to Coinbase right now as well So Coinbase, you know Chris called out just on the pop-up before here. Yeah, trying to move back up again It's right around five percent. I don't mind putting this on our main watch list right now Just given the activity it's definitely gonna be pretty thinly traded So just be careful of that but you know on the same on the opposite side of that actually, you know It's target and coin well folks I was calling out this damn GSMG all morning after rich showed it inside the trading room I'm on a coaching call with Charles one of our students here and man We are like really struggling to find the move like at 8 o'clock 8 15 like and I don't want to waste your time On a coaching call. Trust me like that is my biggest Concern when I'm on a call. So I'm with him like Charles. I'm so sorry. I got you in right now Like Wednesday morning 8 o'clock. This should be great. It was so slow So with that in mind, we were really trying to it's for a trade and we're looking at this damn GSMG That's why you see the fib levels there. That's why you see a white line here Which actually is like a doji at 65 cents There is still chance for this to try and pop up much more So we'd called it out off the initial pop-up But when it was up over a hundred plus percent, we knew it was gonna pull back like holding over a dollar was not really In play unless if it was meant to push up to like two bucks to fifty over time here in pre-market You know when it's starting off at forty forty five fifty cents perhaps early. It's a tough bargain It's something tough to ask for so once it started to break under the twenty three point six or whatever that is That's blue. All right. We're probably gonna get the drop to seventy eight here and from there I took a trade took a five cent loss or four cent loss on it and then it pulled back and now here at this point I'm looking for the move back up. I was calling out sixty five cents. Ultimately I didn't think it would really hold off the lower fit. I'll even delete those for it now Really, I was just more focused on sixty five cents as my next level of support So earlier in the chat board, I'll try and get this up for all of us Just you're joining us on social media right now Actually, just we always stress you that join our live trading room. Just test this out for a week Just over time here. These were all the callouts that I made on the GSMG all throughout pre-market So we're saying it has support right around that fib level at seventy eight cents It broke lower from their next support was sixty five cents So that's really what I was kind of focused on throughout the pre-market here. I know it looks flat right now It's a stock below a dollar. We normally don't trade stocks below a dollar I'm gonna come back this year at the very end of this meeting We'll see where it's at and if it ends up trending up a lot more from this point Then I'll definitely be inclined to put it on our watch list for right now. We'll pass and With that we'll kind of just go through here and VOS cheapy We're gonna skip over this and all the other cheapies were probably gonna just skip over As as I just said that I click on son a thirty nine cent stock All right, let's keep going here Let's see if there's anything within our price range normally that we could focus on now if I was those watching I got to talk about Kava. So I don't want to get fired not teasing that so Kava had a pop in the after hours I think it was earnings related. Let me just double check Fausto is really honing it on this as a swing trade over the last month or so I need to touch base with him when he gets back from vacation just because I don't remember if he's still in or Where he's in from if so so Kava shares trading higher after the company reported better than expected Q2 Q2 results Price target up to 45 from Morgan Stanley That's kind of like typical headlines off of earnings news out there You'll get the report you'll get a couple analysts out there at the readings Whatever it may be so led to a nice little move up to begin It's more of a swing trade that will put on our watch list for right now So, you know, I'll slip it on there for any of you folks following Fausto on the swing I don't think the order books gonna be liquid enough for a great day trade You got better stocks that are as expensive or you know a little bit more expensive That are worth your time as a day trade today like Coinbase and target So, you know Kava is a swing trade recommendation. It's something to definitely keep an eye on with good earnings here Alright, so what else do we have here a little water break in between? I got my big water jugs getting delivered today. Hopefully sooner than later. We're all out So what else do we have here a coin base on our list already? Yang is a Chinese ETF, you know yin and yang So Otherwise not much else that looks good that I see if the NU stock that was trying to inch up earlier But reversed and pulled back At this point now definitely move on from it Chuck's cold ETF I'm sure he's a fan of it seeing up three plus percent right now But you know more as a swing trade perhaps you can focus on that It's kind of similar to the Kava price wise liquidity wise All right, so top over to the loser's list here. See if there's anything looking just as good And it's like really I'll tell you right now There isn't really one stock from our from our watch list that utterly stands out that I'm saying this stock is at the very top So, you know, they're all there for a reason. They're all tradable obviously wouldn't put them on there if they weren't But let's just see if there's something even better as a short or whatnot I'll tell you what this might be easy to say it looks easy to say this stock made a dead cat bounce Just across the pre-market looks like it could have been a great trade Let me ask you folks. Are you really that confident in buying a stock that's down off of bad news? That's like down like 14 15 percent 20 percent, you know, hey the more stock drops the more I'm interested in that dead cat bounce like hey if it's down 65 percent. It's like shoot like a drop so much When's it gonna bounce right? Well here in pre-market. Yeah, if it was down that much, you know 40 percent 50 60 Maybe but you know when it's down like 20 percent 18 percent I'm not like looking at that as a dead cat bounce. So the news on core COHR here Let's see trading lower after the company reported Q4 results and provided below consensus Q1 and fiscal year 24 outlook Doesn't sound good. So we're saying that You know hey led to a great squeeze if you gambled and jumped in or health There is a level that you looked at and it was strong and if you took it on small size I'm happy it worked out for you. Honestly, but it was just something that we weren't expecting We're not like really sinking our teeth into that at 8 o'clock expecting it to move up to 40 So, you know if you if you sit here and like oh man, I missed this I missed it too Yeah, well Josh, you're missed it too because by the time I checked it out at 8 30 was already at 30 39 bucks. It's like all right. Well, you know, I missed the boat there. All right move on So, yeah, I'm gonna put it on our list as a short looks like it rounded off here lower highs around 42 ish or under and It could be a great short, especially if the order book fills in more. All right, so Say delicately just look through the losers list right now. See if there's anything else left Neo I kind of put on the side list. I didn't really fully commit to it And at this point now if the markets do break low, right? I like that thought it's down You know enough for me to consider it if there are other stocks from our side list down as much I'd put it on our list too, but Neo is down the most that of all of our like side list stocks here It's on the losers list right now down over 5% Mike says TSEM a little flap it down big. So let's take a look. Yeah, it is down big Well down 11% but big gap. That's a natural gap So there's a chance to where this may look to you know squeeze up a tiny amount first You're not because it's down enough percentage wise, but that's a Legitimate gap there. So, you know, let's see if it ends up kind of breaking lower first, then we'll think otherwise Let's follow the trend ultimately. I like this. I'm gonna put this on our list right now Mike TSEM Hopefully the order book fills in like me like we've been saying on a lot of these trades So, you know seem to be said here Let me know what you got here folks for all of a sudden social media Facebook live LinkedIn Twitter YouTube, etc Also for all of us on YouTube, especially check us out tomorrow. We have a couple of big events tomorrow I know that we have traders accounting a big presentation from them on C2's end right now on on our YouTube channel So make sure that you subscribe right to our YouTube right there Just with the QR code on the on the top left and then after that actually I'll be doing kind of a side-by-side webinar Right after traders accounting. So much like Fausta does an introductory the day trading webinar each and every week Well, you got the Josh version of it So we're actually gonna be doing a little bit of live market going through a few different trades and really showing you the basics How to follow level three level four just like the man himself does so now that's all for tomorrow look forward to that Mike says octo and I saw octo earlier myself Ain't looking too good now popped up before and I called it out off the pop and It doesn't look as good to show you now at this point But if you could picture it if you could picture that these green volume bars weren't here at the time and you know Just really at 130 Right there look at this pop back up Mike not a bad pop looking bad just before But earlier I was just gonna say if it wasn't gonna hold over 135 earlier I was led to believe we were gonna get this dump. So after it was called out. Unfortunately, that's what's that's what happened Nice timely pop Michael nice timely pop back up to the VWAP for right now On a day where we're itching for a stock to try and make a move It's well times right it's up over 15% or whatnot good liquidity. I like the liquidity You sold me well that pop sold me that pop sold me good timing on that Alright, so let me know if there's anything else folks up down left right more than 5% You'd want me to look at current time is 918 you got about t-minus 12 minutes before the open Each KD it's gonna be like a pop and drop. I feel that trade so I'll slip it on our watch list We got a big list folks and when we have a big list that either means that we have a ton of really really really good things that are Active or a bunch of really really mediocre things that we want to be great and we're just trying to Force it out there not force it, but we're trying to hope for it like each KD nice little pop So of course we'll put it on our list with that in mind But this has been a pop and drop stock since it made this historic move for us back in 21 or 22 it was He was tracking my years. So Mike says will s e and h e continue their fall. That's a that's another Good call there Michael. So yeah from yesterday more so yesterday s e made a huge drop was a great short in the morning You know chopped around in the afternoon wanted it to break down lower and we'll broke lower here this morning Is it possible that could be a great trade? Certainly, we're gonna keep it on the side list for right now. I normally we're gonna stick to the stocks up or down Like that 5% plus but this is on the top of my side list both of these trades So if we're kind of like looking for like the sixth man, you know, like kind of first man off the bench type thing Yeah, the s e and the each e both kind of like right there So, you know, we got a big list already I'm gonna stick with those since they're up or down a little bit more perhaps more eyeballs can catch onto those Trades once the market opens up and then we'll see with these on the side So not a bad shot from Mike there. All right folks. Hey, we're gonna finish up for right now So once again, if you wanted to join us inside our live trading room continue our audio commentary for the next 60 minutes The next hour just for all this on our stream right now If you're fancy with your phones without your camera scan that QR code on the top left right there If you're not as fancy with your phone go right down to that link on the green banner below Is it scrolling right down on the bottom? www.ct.co forward slash trial we look forward to seeing you there and for all of us there right now Just give me a quick water break here. I got to fill up just a little bit And I'll be back on coming up for the opening bell. Talk to you all soon. Happy for no Wednesday, Andrea