 All right, good morning, Savvy Traders. Welcome on back here this Thursday, July 20th. Of course, you could tell this is not Fausto, of course. Josh Levitin here, tagging in for Fausto this morning and tomorrow, I think it's just taken a couple of days off with family, so great to see all of us here alike inside our live trading room. Kathleen Leda, Wayne Sam, Steve Brad, Chuck, John from before, Egan Grant from before, Yohuda, had a full house just a moment ago. Great to have all of our students and members there alike. Great to have all of us back on social media perhaps, if you're joining us on Facebook Live, LinkedIn, Twitter, YouTube, et cetera. We got a lot to talk about here, folks. We're in the midst of earning season. Tesla ended up reporting last night. Netflix ended up reporting last night. I think United on top of that, UAL. We have this Gorilla trade that just popped off of news this morning in pre-market too. So there's a lot to go around. Let's hop right to it here. So Gorilla ended up making a big pop once again, I say once again because back earlier this month, we ended up doing really well on them. It was across a pre-market session, but then as you could see it popped up that much higher. Stock ended up going from 350 up to seven across two days time here. What goes up comes back down. And we took our eyes off this stock for a little while since. And then actually two days back, I do recall seeing this on the loser's side. It was down massive going into Tuesday. So, hey, we don't really follow these stocks every singular day, especially the cheap small cap ones like Gorilla here. We're not as familiar with this stock even prior to July 7th that day. And you could see zooming back on the daily chart. This thing's a mess. So it's a day trade. It's not a swing trade, but with that in mind, whatever news came out this morning on this stock, it led to a phenomenal pop. So I do have Benzinga Pro here. I got my news station here. I'll read this in front of you. Gorilla technology shares are trading higher after the company announced a strategic relationship with British telecom to deliver. Here we go, folks. This is the key phrase here for this news headline. An AI-powered, innovative, smart port solution. Key phrase meaning just really AI. It's another AI news headline that came out and big pop once again for Gorilla. So even furthermore, let's go a step further on this one trade at least. Not gonna have the time to do this for every stock, but no, let's break open level four here now. Lastly, and just see what the order book looks like, looked like from earlier and so forth. Now, I was on a coaching call with Antonio earlier and this thing just kept on running. It wouldn't pull back for us. I was looking for a pullback down to 255 at first, nothing. I was looking for a pullback to 270 next, nothing. Well, over time, the more this ran, you wonder like, okay, where could it build support? Or is this just the end of the run? Is this just gonna come right back down and it looks like a Christmas tree? Well, what ended up happening was this had built up support pretty nicely off of 288, 287, 288, bottomed out a couple of times here and then heading into this last drop. Thankfully, it ended up failing to break lower and held higher, of course. And, you know, at that point led to a nice little entry, but from there, man, this thing was still pretty shaky. When you wanted to get more on this trade at this point, it made a nice higher high, like a Fausto flag pop, but then from there, red flag came right back down. And, you know, at that point, you need to look to get out sooner than later. So from there, it took a little bit longer than dropped. It's definitely still in play for the market open folks. It's definitely still in play for 930 today and so forth. It's up big to stock that we are recently familiar with. So, you know, this one we like a lot now, Gorilla Gur, G-R-R-R, we're gonna put that on our watch list. Now, with that though, again, we have Tesla reporting earnings from yesterday, Netflix, a couple more on top. What I wanna do even before getting to those is actually going through a couple of trades that we had from yesterday. We did pretty well on a few runners, RxRx, PacW, Lemonade and AAOIs. We'll look at those at least quickly here, then we'll look to jump to the large caps, the mega caps there. So RxRx had a really nice pop, really from the early morning session. Little pre-market activity, but it's a stock that like the GER trade, we're pretty familiar with. So just from the recent runs that it had, once this opened up, it popped up on our scanners, popped up on our radar. We were able to jump on top of this pretty quickly. Now, the cool part about this stock, or this trade from yesterday from the stock, is that you don't really see this too often. I went over this in the afternoon meeting. You have, in my opinion, as perfect of a wedge or a pendant pattern as you could ever find. Ended up building sideways, higher lows, lower highs. I gotta still clip this for class coming up. Phase one course coming up next week, folks, but with that beautiful pendant, it broke to the upside, where perhaps you'd expect with the volume waning, it could easily lead to a snap down or even a head fake at this, but ended up giving us a lot more at that stage, pushed up up towards 17 from there pulled back. So, really nice trade from the RXRX this morning, at least for it, not doing a whole lot. I reckon it's kinda near the close from yesterday. So, it's on our side list. I'll definitely just kinda put this on our side list for the market open today, RXRX. All right, I gotta jump back and forth on that paper. So, PacW, another trade, I think they ended up reporting earnings yesterday on top. So, one of the bank stocks that we did really well on back from earlier this year when all of those regional banking stocks crashed First Republic, Western Alliance, PacWest, Key Bank, Zion, which is on the gainers list here today. Don't ask me how I remember all this stuff, folks, I had in my life. But it's just to tell you though, PacW ended up leading to a nice pop after the earnings led to a nice slingshot where it broke under and over off of nine and ran up just over a dollar. So, it's as good of a move as you could ask for. And at this stage here, it's up a little bit kinda similar to the RXRX, near yesterday's closing price, but it's actually this one trending down a little bit in pre-market now. Gapped up a little bit, but trending down now. I'm gonna put this on our side list too. This one should be a lot more liquid, at least once the market opens up. So, it's really like tradable stock, but nothing really too special about it just yet. LMND, same deal, down 1.6% right now, but made a great move from yesterday. Keep it in mind just on the B list on the back burner. We'll take a look just across the gainers and losers list here in just a moment. And then last one here, the AOI, same deal. Just another runner that we caught yesterday at the market open. It's one that had a big short squeeze already from two up towards just open, near 11, 12 bucks. And then from there it pulled back. So, you wanna follow the volatility. That's the type of trade I'd much rather consistently keep on my side list compared to perhaps like an RXRX or GER, where just perhaps the lower the float, the lower the volume the stock is normally traded prior. It's not gonna make us consistent of a volatile move for you. It's gonna dial off consolidate, not make us strong of a push. Well, AOI, even if it does drop, it could be a good short. It has great volatility and liquidity. So, that's the type of trade I'd rather kind of just follow up with day over day more. All right, before my mouth runs completely dry here. Let's go from top to bottom here coming up. And again, Tesla and Netflix and UAL, you will jump to, so trust me there. Tattoo, look at this, T2, cheap stock, right? Real cheap stock, below a dollar, but even closer towards a penny. So, obviously a really strong pump early in the morning after 8.30, I didn't notice this until right now. Not gonna really trade a stock as cheap as this, honestly, so we're gonna move forward. If it was closer to a dollar, then perhaps it would pop up on more trader's scanners as if it breaks over a dollar for anyone scanning for a dollar plus, then it'll show and they may be like, oh, let me jump in on that. So, that's the type of trade I'd rather look at, not that T2. PSQH, PSQH, never heard of it. Looks like a new SPAC or new IPO perhaps, I don't know. I know there was one yesterday that opened up. It was a similar type of pop. So, yeah, I mean, hey, don't get me wrong, it's making a strong move here. Definitely thin volume out there on the book. Hopefully it fills in more after the open. I'll slip it on the main list here, this PSQH. It is right near that high from yesterday. Actually, hey, let me take a look at this. Something's up with this chart. Okay, so, yeah, this has had a hell of a move just even from the afternoon yesterday. So, ended up closing at 13.89, but it topped off as high as 16.32 yesterday. So, that's right here. And even this morning it broke a little higher, dumped off, pulled right back up and here we are today. So, pretty funky move, very volatile stock, obviously with that said, and just hopefully the order book fills in a little bit more here. All right, we got the PSQH. We got the GRR, we have PRFX. Now it's pre-market, but it dumped off really badly and I mean, honestly, it just looks worse now heading into the market open. It's still up 25%. It's actually one that we are familiar with. So, I'm probably still gonna add it just on our main list here at the end of it all. Just let me go through everything else first. ETF, Boyle, pushing up really nicely here. I always get these confused. So, there's cold, which goes inverse to that. There's Boyle and then UNG, I forgot what direction UNG goes in. Oh, okay. So, UNG here is a cheaper alternative to Boyle. So, I'm gonna put Boyle on our list, but I know that most of us are not trading a $65 ticker. If you're gonna rather trade the gas sector, natural gas sector here, I'd rather you go to that UNJ. They're both funds, they're both ETFs or funds. So, you need to have level three or level four, if anything, just to make sure that you can trade them. What else we got here, folks? What else we got? Not a bad list now. This UTME is like all over the map. It probably shouldn't have even clicked on it. 53 cent stock, like I said, all over the map here. Now, Larry, one of our gold students brought up another ETF this morning. You know, we don't really trade the ETFs as frequent, but if they're up big, if they're liquid enough, then we're gonna look at them. And SOXS is definitely that. So, it's a good call from Larry. And, you know, hey, similar to what I just said on UNJ, if you have level four, then it'll be much easier for you to track and follow. Don't get me wrong, this is a nice smooth move up. So, you know, if you jumped in earlier, of course you're up and you're doing well, but you gotta know why the trade is moving, right? So, of course, you could follow the chip stocks, like AMD, NVIDIA, et cetera, on the way down. But really with this, you wanna follow order flow, follow level three, and on top of that, level four. Getting a nice pop on the Gorilla trade again really quick. Just checking that out on my other screen. Just ended up making a nice bounce off the VWAP once more and off at three bucks. Just a little update on that trade. All right, so we keep it going though, folks. Now we got a good list. We got about five tickers on there. Honestly, three ETFs. So, let's hope for a couple other publicly traded companies here. This is not one, TSLS, but Tesla earnings. Let's just get to that now, if I may as well. So, Tesla, we're gonna put the equity on there. So, there's one, but you know, if anything, similar to what we just said with Boyle, there's cheaper alternatives to Tesla. You got TSLL, which is the one that we typically call out. So, that's the one I'll kind of tag with it. Ah, there we go, Chuck. There we go, Chuck, my man, you got out on Boyle. So, I knew with Boyle up. I figured his eyes were on there early. He took advantage of that. He got just about like $1.50 on that trade. Nice catch from Chuck. All right, FNGD, another ETF, not good. All right, so I don't wanna have this all littered with ETFs, folks. If there's anything else looking good on the way up, let me know. There might be some shorts, so let's see if there's anything looking good on the way down here. Right away, down big, VIR, down 40%, dropped off big. It looked kind of flat just before, but you had to zoom it on the chart. I'm gonna just jump back to Benzinga Pro. Just take a look, see what the news is out on this trade. So, VIR biotech shares trading a lower after the company's phase two trial for symptomatic influenza A illness, did not meet primary or secondary efficacy endpoints. All right, so obviously bad headline down big and it is easy to borrow. So, it is short of all that said and that definitely gonna put this VIR on our list. Let's just go right to the historical CRC where we're at. Looks like an IPO back from 19. I mean, it could be all-time lows. Nope, not just yet. Looks like all-time low on this trade is like 11.65 back from November of 19. So, it's getting there, it's pretty close. Obviously, it's smashed below this historical support off of like 18 or 17.50-ish, whatever that is, back from last year. Yeah, but definitely nice short here so far for the VIR. Let me wrote that down. DFS, this is Discover Financial Services. I mean, obviously down big, but unless if you're gonna buy puts on them, I just think it's not worth the price of the stock. INFY, obviously more than our price range down big, just the order book little empty there. So, even that, I'm not fully jumpy to put on our main list just yet. So, Carvana dumping off here, we'll just jump to Carvana pretty quickly because of course from yesterday and really the last week or so we've been following CV&A, Carvana had a help in after hours, didn't it? Ended up having this crazy pop up in the after hours here, then the lower high and then the dump right back down and then obviously now moving lower here, heading into the open. So, looks like VRM did not hit three, shoot. So, with that said, yeah, right now at this point, these we're not gonna really put back on our main list just yet unless if we see a huge slingshot on Carvana out of nowhere, I'm not really expecting that though. So, we're gonna pass. Keybank and other regional bank that reported earnings for this morning. So, kind of similar to PACW, this one we're gonna put on our list just given the recent news that came out this morning and if the markets fall off today, this could be a good short with the VIR. All right, so I'll tell you, we got a good list folks. We got a few side list stocks that we'll check back in with here at the end. We're coming up right now. Let me know if there's anything else that you see up down left right if you're joining us on social media or if you're inside our live trading room, either way. I'll tell you what, if you're on social media right now I may as well just pop this up here. If you're interested in joining our live trading room if you're fancy with your phone and wanted to join our students like Raveena, Kathleen, John, Grant, Brad and all of us just joining us there live just scan that QR code right there. Just give you a week long access to our live trading room including coming up for this upcoming Tuesday our workshop traders talk. So, just definitely look to scan that QR code you'll join us for a week coming up. But let me know if there's anything else that you want me to take a look at folks here up down left right, Margaret, Grant, John, Leda, Chuck, take a look at the side list stocks here first, like RXRX, it's not really going anywhere pass on it, PRFX, it's only been moving lower heading into the open. It's up big still. So again, it could be one that maybe could pop right away at the open but I'd rather focus on the others to begin the gorilla, the PSQH, the key bank on the way down that was actually a very short. And if anything, maybe it's biased towards just this PACW, this I know is gonna be extremely liquid. It's low risk and tradable. So I would rather put a stock like this on our main list, one that ran from yesterday that has the chance to move up once again and then hell if the market's dump off and this goes with key bank, then it'll be almost like a sympathy play with key. So we'll just kind of see where this breaks the PACW I'll put this on our list here too. All right, so in total, you got some ETFs here too. So we got two, four, six, eight, 10 different tickers folks heading into the open. I would start and stick with this watch list we just scan the whole market for the last 16 minutes and 52 seconds. So I would not stray away from what we just got here. All right, doesn't make sense to go anywhere else. If we go anywhere else, then it'll be after the first 10 minutes, after the first five, 10 minutes, once we start to see a slowdown from this list, then we'll break out the scanners, then we'll break out the Benzinga pros and all that. All right folks, so for again, for John Grant, Kathleen, Antonio, Chuck, all of us just joining us here. Got to refill up your water bottle here, but I'll be back on right at 9.30 for the market open. I look forward to talking to you all there. And for all of us on social media, actually, hey, a little heads up, little housekeeping note here coming up. Of course, we'll have our afternoon meeting at 2.30 Eastern later on today, but we're actually gonna post this inside our live trading room, a link for a multi-speaker presentation coming up later on this morning. Yours truly is actually getting the hot tag from Fausto since Fausto is not able to make it. I'm gonna take his place and actually do it for Investors Expo multi-speaker events. So we're gonna look to have that link posted just on social media and inside our live trading room coming up shortly. All right, folks.