 All right, good afternoon separate traders to close out our week this Friday August 19th. Great to see Leda Great to see Michael so long to Lawrence Lawrence wrote us just a moment ago earlier at 2 11. He wrote I'm out of here You all have a great weekend. So he already left great weekend to Lawrence But great to see Nina Kathleen Michael Brian who is labeling today as a crummy day Great to see you. You can't see me. I know I don't have the webcam up right now mailing it in here for this Friday afternoon Not mailing it in terms of the market in terms of the opportunities that we can make but nonetheless here we are folks oxy Oxy is up near 10% right now at the highs heading into this afternoon here So easily enough, I'm just gonna start off by putting oxy on our watch list here for the afternoon Pretty funny. I brought up a pretty funny story just the market opened this morning on the stock oxy But nonetheless with that in mind the news out on this trade We weren't expecting this to come out at the time that it did but oxy shares trading higher following reports Suggesting Berkshire Hathaway obviously Buffett Has requested approval to accumulate up to a 50% stake Now that's pretty important right just you know that news alone. All right. Well that led to an initial run up Thankfully this led to a higher high across this afternoon up until here as it's approaching 71 50 So it ended up testing resistance off of roughly 69 probably 6880 ish Nope right on the nose there is 69 great makes it even easier for me to say well Hey once it broke that order once it broke above 69. Yes, it pulled right back from it But that's buying interest what happens if history could repeat itself So with that once it rebroke 69 it used that as support led to a higher high easily enough So no for right now oxy will definitely put on our main list here now a couple of other stocks that may be moving up near the highs Although the markets don't look good spies looking pretty ugly here heading into the afternoon just clear downtrend lower highs BTU energy stock Peabody energy. I mean it's it's moving in sympathy here with oxy So oxy albeit is much more expensive that is a really liquid stock And that's the type of stock that I look for so you know Hey oxy is normally on our side list day today the more expensive it gets then I'm not gonna be normally is interested But with the move that we're seeing off the news how could we not now with BTU here? It's just not moving fast enough. So it's like moving in sympathy, but I'd rather follow oxy It's more volatile more bang for my buck honestly on that compared to the slow poke here BTU This hasn't broken a new high yet whereas oxy is still ripping All right, so what we'll do folks to just expedite time here will go from top to bottom I wouldn't expect for there to be a whole lot moving upward perhaps aside from like an oil stock or you know An energy stock here or there like we just said with oxy and BTU the GCT trade Perhaps I should include that and although it's not an oil or energy stock giga cloud technology GCT new IPO ended up making this big pop after the market opened up You know hey we had this on our main morning watch list You know it'd be hard for us to ignore that then but it was so thinly traded then just look at the order book live right now I mean compare this to oxy, you know Yeah, this was moving up and actually just broke a new high a moment ago as it topped off right at 60 bucks Didn't even false break it, but I'm sure it tested the volume there at 60 and only led to a seven point drop So you know if you're looking to you know play a little blackjack later if you're looking to you know Roll the dice play little crafts or the slot machines then this GCT is right up your alley But for the 76 of us inside this live trading room, it's a little low for for you know The trading room, but that's a Friday afternoon in the middle of the summer So you know a lot of us already left for the day like we said just before with Lawrence This is not the type of stock that you want to trade on any sort of Respectable share size do it like on one share really, you know one of us I think maybe made like 30 35 points on this trade sounds great I doubt they were trading a lot of shares on this folks. That would be an extreme gamble. So GCT You know hey if you want to roll the dice go ahead, but I'd rather not Let's see what else we could at least put on our main watch list here for this after afternoon now Better now than never I reckon the AGL E trade and this actually ended up making a beautiful run earlier heading into the late morning Suddenly made a bounce from 70 cents and then blew right over my resistance line off of 87 That's where we had the VWAP during the morning meeting I was hopeful to see that you know break above the VWAP and pre-market there Obviously failed to do so, you know it used that actually as a bit of a support But it's failed to break back over that price here at this point So, you know HGLE is a cheapie it would be much safer to trade this stock than GCT But I don't really have a great need great necessity to put that on our main list either DNA not to be confused with DNA not to be confused with DNA DNA why? Before I confuse myself DNA a Well, that was three a's. There we go. All right DNA DNA here social Capital whatever all right ended up making a big squeeze off low volume here You could just see based off the lack of the the volume bar is here up until 130 Eastern time when it probably reopened up off It's like second halt from then so this ended up making a nice pump But again just very thin volume on the book right now. It's on a nice nine cents spread VLCN here was pretty nasty although this was or is and has been pretty liquid This was a nasty shake back down. I was hopeful to see this really hold a higher low off of 320 315 ish 320 and then for it to run up higher make a nice recovery from how much it dropped off over the last few months But um, obviously failed to do so there ended up wasting a big unrealized profit on this trade I made eight cents on this trade, but I was up like near 30 at the time So things were looking really good off this level from three and then from there pulled back I got out in time thankfully, but it's to say And this is like kind of a good representation of our whole day, you know Maybe aside from GCT and now oxy but um, you know aside from those It's been really difficult to get a clean runner here across the the morning or across the afternoon You know Brian said before as we started this meeting. It's been a crummy day as a whole I'd say so yeah a lot of us feel that way So, you know just when you wanted more on this trade It didn't give it to you and then from there completely crapped out So, you know VLCN is done for right now And again just any others that ended up making a move who was off a very thin volume on level three So it makes it much harder to anticipate FL you know liquid but it hasn't really gone much of anywhere as like a 38 dollar stock Maybe later this afternoon it could make to could look to make its big pop here to make a new high over 40 But you know I'll come back to this at the end if I if I need to it wouldn't hurt us to put the footlocker trade back on But I want something that's right near the high is something that is like trending up very nicely Perhaps even a little bit cheaper than footlocker 38 dollar stock there You know we already have oxy on our main list and that is only continuing to rip In fact, it looks like the volume is beginning to peak here on the last bar last couple of bars I would look for a pullback I would look for a pullback on this trade here coming up folks. I know it's turning up beautifully But if the volume begins to die off coming up on the next one or two bars on oxy I would watch out for a bit of a pullback All right, so I'll skip down here because I see the spy dropping off the SMP ETF there UVXY perhaps perking up heading into the afternoon. It's up over 8% now at this point So probably some more eyeballs will be on it heading into the weekend So UVXY I don't mind just at least keeping a good eye on here Pets not doing a whole lot there And again, like I said before not expecting a whole lot to be on the gainer side Otherwise name brand-wise or any of that. So that's pretty much what I'm seeing here. I Will jump. What was it to FAZE that like new game gaming IPO? It looked like it was moving up pretty nicely before and that's also on pretty thin volume there, too So I'm gonna pass on that phase trade But a top-over to the losers list deadbath beyond we're just you're not going to follow here for the close I just wanted to show it briefly because and actually a little Chart there for you ended up following this with a few different traders throughout coaching during my day today We charted some levels and this ended up paying off pretty nicely off a few different pre-market levels and from the after-hours levels From yesterday off of 1070 broke under and over Eventually broke over 11 here heading into the late the late morning early afternoon Ended up running up beautifully from that point ended up breaking above big resistance off of 1215 even but Came quickly back down under there if it's not gonna re break and hold above that price Then you may as well expect this type of drop You know just given how much bad news and presses out on bed bet beyond now after you know Ryan Cohen ended up selling his whole position Not only is there like bad press negativity towards the company and how much it's already dropped off But now you have all these like uneducated, you know traders on Robin Hood You know that they're expecting this to go up to 50 or a hundred and you know to see it fly and be the next game Stop Yeah, not not exactly folks some most of us learn the hard way most of us learn The real hard way so you know whether that's through a day trade or holding on to a big position I mean hey just look at the crypto market the last you know 10 months or so, right? So, you know unless if you're looking to hold on Then you probably learn the hard way there You probably learn the hard way after the markets peaked throughout COVID and then now here on bed bath beyond I mean what goes up comes back down But you don't expect the news to come out as it came out yesterday and this only had plummeted back down here So no for the afternoon unless if you could short it I'm not gonna look to keep an eye on this bed bath beyond trade You know there might be a couple of brokers out there that are still offering you the ability to short it But most aren't if you're in our if you're in our trading room right now Then you know if you're able to short bed bath beyond or not right and there's a couple of us that are so for those Then I would put it on your list, but otherwise. Let's see what else is out there here The stone trade speaking of shorts stone ended up leading to a beautiful drop-off this morning So this was on our on the losers list to begin our day And we had this on our morning watch list for that reason in mind It only dropped off right away after the market opened up ended up breaking the lower off of nine Rich was all over that inside our live trading room and then from there bottomed out just I mean even 825 I was gonna say just under 850 But it dropped off even 25 cents from there and even led to a nice dead cap down since Right now. I feel like at this point It's gonna be a little slow here heading into the close It would you know, maybe later around like 315 330. We'll check back in on it, but We'll see what else is out there stitch fix Affirm how about this AFR M? Wow. I personally missed out on this trade all throughout the morning here I mean you had to have soon with the market dropping off that there would be a few good shorts out there But I'll tell you even myself. I was more drawn to the gainers I was looking for a cheap stock to make a nice move up. So I ended up missing even stone myself STN E is a short I ended up missing a firm, which is just a good stock from our side list Right now at this point. It's pretty flat for the afternoon. So I'm not gonna be as keen to put it on our afternoon list, but Definitely reminds me of just saying hey, let me keep a firm on my radar for next week for month for Monday 23 and me for as much as this went up over the last, you know First half of this month ever since it's only been dropping off You know, I guess you could say that's a good short, too But you know that the affirm stock we've been more at the trade You know that's popped up on a radar a lot more frequently here, you know, maybe 23 and me it is very liquid, but you know Little slow though for right now All right Just gonna pull up the bottom of the losers list here and not much really that looks like a name brand stock I saw like the Maras the riots, you know, unless of bitcoins really dropping off right now I wouldn't be as keen to follow those the cheaper they get the slower they'll get and it's not gonna be as good Mike says obviously he was correct him. So he said a ray down big but he meant affirm that traders dyslexia, right? Mike, I mean, it's all of us and then in the longer that you're with us inside our room You're gonna mix up your a's your s's and you got Scott in between saying a XSM All right, so a XSM, I mean same deal with this is like the GCT trade, right? GCT was at least running up a lot better heading heading into this meeting Hey, I'm gonna say this to every one of us right now not just inside the live trading room, but on social media If you're consistently making like $500 a day or even on a stock like this more than that If you're making a thousand dollars a day consistently, then you should be following GCT Then you should be following a XSM if you're not then I there's just much better stocks to follow come on We know that right, you know if you had a good week Then why waste it on this stock and then you know if to get in at right place wrong time And then to not set your stop on time and then to get smoked So there's a high risk of trading these types of stocks Scott So, you know the GCT This needs to keep pushing up, you know it has pushed up beautifully today But doesn't mean it's gonna continue. So I'm gonna pass on that a XSM trade Norberto From Norman he's asking T or no, no, I'm sorry. We have Norman, but then we have Norberto now I'm saying Tesla Tesla's gonna be too expensive We don't really day trade and eight hundred nine ninety dollar stock If you're a new student joining us here, not even new student But even just a new trial member or a new member to our room If you don't have access to our classes, please make sure that you do that you talk to your education advisor They're at least able to give you details as to what's going on inside this trading room What we typically look for etc. I'm not gonna be calling out Tesla here All right, folks anything else though within our price range anything else that is I mean hey Don't get me wrong. Tesla is trending back up to a good degree. It was a lot cheaper than I'd be pretty interested But just checking my Benzinga pro right now as I ask you and I'll tell you not a whole lot that we're really missing Just go through a couple here party city from earlier this morning. I mean this thing looks pretty slow now MITQ there's not much going on on the chart MOBQ nope I mean these are all stocks that are like making like a little tiny push right now as we're talking But that doesn't mean they're looking good whatsoever. So a lot of these pretty much are finished up from the morning session Not much on the loser side from my Benzinga pro either Norman asking blue, but it's been flat since the open Yeah, if it's flat then it's not gonna be for me unless if it's This is at the highs Technically right, but it dropped off so much from yesterday that you know unless if there's a strong bounce in the market I wouldn't necessarily expect this to make a big Continuated push it might make a false breakout come right back down and tank after hey it is shortable So in that case right that that would lead to a nice trade opportunity. Don't get me wrong and blue You know definitely is a tradable stock, but like you had said Norman definitely flat here Xle Again, please at this point folks if you were a new member to Cybertron University If you not if you have not spoken to your education advisor yet, you're just doing yourself a gigantic disservice So whether it be today whether it be Monday next week Just either way make sure that you call our office five one six two eight zero five three five zero You could also email them if you do already have their email address But they'll be able to at least give you some insight as to what we actually look for here You know throughout the day not just during these meetings, but scanning around You know that 99% of our students or members inside our room right now are doing what I'm doing here They're following stocks within a particular price range based off liquidity. I'll tell you what folks so far I look down on my notepad here. I only put two stocks on our main list We got actually only one stock got oxy and then UVXY is an ETF So, you know my thoughts on trading ETFs anyway, unless if you're consistently doing well on them day over day I'd be more keen to follow a stock now at this point We haven't really gone through any of the sideless stocks. So maybe there could be something that's dropping off That's near the lows at least that could be a good short that we haven't looked at just yet So I look at just some sideless stocks like Neo and it's flat plug and it's pretty flat itself Casino stocks like Penn Penn took a bit of a hit hit this morning. Looks like it's trying to inch up a little bit now, but Man, I'll tell you nothing really standing out from our quote-unquote side list Nothing really that looks as weak as the spy here at this point Andrea says looks like you were right about oxy going down When the volume dies off, there we go now is it going to continue hopefully Hopefully still look strong in relation to the initial trend it made But that was a lot of selling that came in a lot of volume all together off that 72 So not too surprised and given how much it already ran up. It's gonna come back down a little bit All right, so folks I'll tell you a very brief very short list here heading into this afternoon But we'll look to rescan the market over the next 10 15 20 minutes If you want to join us inside inside our live trading rooms for that I know that we'll have rich on audio from three to four here heading into the clothes Make sure if you're on social media Facebook live YouTube You go right down to the link on the yellow banner below to sign up for a trial Otherwise enjoy your weekend there. Otherwise for Andre Jeffrey Norberto Norman Gotta make sure my tongue is not on make sure my tongue is not tied. There we go It's already tied there Norm and Gene Brian Michael Kathleen Nina Leda, etc If I don't catch you folks going into the market clothes, enjoy your weekend as well Keep in mind phase two of our stock trading course will be live next week So make sure that we send out the reminders through email and obviously the links for that through email as well as inside This room come Monday. Alright folks enjoy the weekend. Take care Come a cyber group member today Just click the link below and receive all these amazing products and a world of knowledge purchase