 All right, folks welcome on back here this Friday February 19th to wrap things up for the week You're 2 30 PM Eastern time welcome on back here for our afternoon meeting I know that we're good to go across the trading room should be good to go across social media Facebook live in YouTube Welcome on back. Let's hop right into the thick of things folks. We have class finishing up really That's 3 p.m. Eastern time phase one lesson four for all of our bronze silver gold platinum diamond students here at CTU We'll be talking all about journaling I know it's for any of our retakers here perhaps any of our longtime students of CTU It's perhaps not the most fun class to go through I try and make it fun Of course by going through some sample journals some some real Important things that we need to know as far as why we need to journal how to journal and how to gain the most out of it So, you know, obviously we don't like journaling the losers, but we need to and we're not here to bite, right? We're here to help so, you know for all of us live inside the trading room This goes across the board whether you're just a trial member just testing our room out for the week or just you know Any of our longtime students you folks know best there, but you know any trades from today any trades from the stocks We're about to go through from top to bottom as we go from the gainers to losers list Certainly if there's a trade that you want us to go over with you let us know and I don't mean that like like right here I mean like send your journal over to us email me email your education advisor Otherwise and we're here to help and we're here to you know assist to make sure that you're on the right track Right, so you know with that in mind what I actually went short on this trade just a moment ago I know that Taz ended up getting probably one of his best trades of the day He said it was like the most shares he's ever traded a CTU Taz on the side. Let me know how many shares I'm interested in knowing that But he picked up 23 cents. He was in long I mean most of us should be you know in this trade long or should have been in this trade long I was just kind of playing around this afternoon meaning like I wasn't really trading at all I was just kicking my feet up enjoying I was eating my lunch right in front I was just saying to all of us live inside the room right before we started You know I had my lunch right in top of my desk But you know I saw this run up and I was waiting like all right When's this gonna drop when's is gonna drop here because this watch stock really did pull back once the market opened On my five-minute minute chart you could see I mean the pullback as soon as the market opened up This stock is easy to borrow you could short it so ended up being a great short from earlier this morning My best trade of the day so far. It's not even this trade on the short, but it was off the long I was in this from five pretty much as soon as we finished up glass folks for all of us from the phase one course earlier today I got in right here at 1140 like the second we finished up I set up a stop limit order to buy right over five got filled and Smooth sailing from there. I wish you could say held on all the way up here like reverse No, I ended up like taking like 35 40 cents on the trade from there I kicked my feet up and just said that was it so I ended up shorting this at 675 really quick They'll just go through what I'm doing right now what I did. I There was a huge spike in pre-market. I think it was even like right over here I don't have my book map up for it per se I might line up from the from my chart on my other platform But off 675 there is a massive dark dark pool print smart money print so to say off 675 So for as much as this was going up and up and up and up and up It's a big volume level So I ended up shorting it right underneath there. I said a stop underneath I was gonna short it again if I got stopped out anyway if it were to you know Stop me out if it were a pop above that price and then pull back I was gonna do that too So I was very confident of this retracing back down to a degree So I ended up taking two-thirds of my position out essentially from like 650 I ended up taking like where I get out at. Yeah, I covered 652 two-thirds my position I still have 500 shares left and I'm kind of letting it ride down I may even just cover right here off six just to take the money and run I could easily see this breaking below six quickly on some sort of like false breakdown and back back and then squeeze back up but you know what It's gonna close right now sometimes when I do these meetings and I go through and especially with class ahead We have to go quick. I did just cover that last third right off 608. I think I just got filled at 08 Yeah, I'll take it sometimes. I'll let a profit slip away from me when I do this meeting So I'll take that for right now. I just covered my last third of my short right off 608 You got to figure it's still gonna test six perhaps break below six. I might leave some money on the table there What we're gonna put on our watch list with that in mind for any one of us That's not going to be in the class later on today You're just gonna catch the recording later on this evening or over the weekend then hey I would definitely still watch this watch trade, you know, it's still very tradable It's like more of like a level three stock I'd say Not not really as much of a four just yet It's making a really really good trends up and down I mean that's first not every stock can give you that but secondly just based on the liquidity really good spread Really good volume on the book, but it is moving pretty fast up and down per minute So I'd kind of like categorize it like it's like a level level three All right, so what else is gonna join this watt on the watch list? We'll go from top to bottom now. We'll start with the VC a next another one That was easy to borrow in pre-market going into the market open It was up big in pre-market So you would hope to see like pull back right away if not right off a pop So let's see what happens here off 930 essentially This thing ended up taking off pretty much right away and very shockingly this didn't like pull back right away after This is like the point zero one percent to where you would see a stock up like 60 percent 80 percent plus like this And it doesn't tank right away or you know completely just drop off It ends up popping and then still going so Fantastic run up here after the market open on the VC and X from six essentially all the way up towards just over 950 Well what goes up comes back down So you know so long as it remained shortable for you folks and it was for us I wish I could say I shorted this one, but you know this VC and X was probably one of the best trades of the day on the way down Broke below a support level here. I think this was 770. I was going over this in a coaching session with a student Yeah, 767 770 essentially there Great breakdown level for a short continued just dropping off So you'd hope to see you know potential pop on this trade at some point if not this afternoon Then perhaps at some point next week, I'd see it pull down a five, right? I mean that's a whole number of level that'll be interesting to see So you know what watch list we call it right VC and X will we'll see we'll watch what this does Good spreads good liquidity. Let me reset my chart here Gotta be quick There we go good You know breaking down pretty nicely got a 37,000 share order on the bid off 525 there So VC and X watt the top 2% gainers already on our watch list. Let's just skim through here now See what else we got the EOLS trade pretty shaky You could just see that on the 5-minute chart talking about chart patterns folks. I will go quick I was gonna quiz you but we'll just say right away. This is a nice pennant. That's building here It has been building across the whole day Just it hasn't really broken much of anywhere yet like spiked up afterwards off 13 pulled back down This could be in line for another drop-off 12. I'll be honest there. That could be a pretty decent setup For right now, I'll kind of keep it on the side list today shortable still Just realize that now How about this with can moving up? I knew I was gonna do this going into the meeting So it's not like I'm killing time here, but I jump right to my Bitcoin, right? How can I not include Bitcoin during this meeting right with this thing blasting right through 53 through 54 and 55 here So yeah Bitcoin obviously still going up. I don't think there's been any other catalyst or news that's been out otherwise Like not like really another like Elon Musk or another company coming out with like news or that they're dipping their Part of their treasure treasury asset into Bitcoin, but nonetheless though I mean just broke higher here right off this peak off 52,000 plus and just took off. So I I'm sure it's gonna pull back have some shakes to it But at this rate, I wouldn't be surprised to see this squeeze up much much much higher I'm looking right around like anywhere between and I don't have like my fancy lines up like I do on my other one But anywhere between 60 to 62. I'm expecting as like the next like Peak point will probably see some turbulence around that price that may be a pullback down to the 50s again That's my belief. I don't know. I'm not right or wrong with that just yet, right? I'm no psychic But so far we've been seeing a really nice run-up today on a Ryan on Bitcoin and with that can cannon another Bitcoin stock so to say Bitcoin mining stock now we should call it But you know this thing took off right away as well popped as soon as the market opened up essentially from like 1919 50-ish Blasted right over 20 made a two-point move up and then from there Just built a trend off the lows kept going up throughout the day So, you know even as bitcoins beginning to pull back a little bit You're starting to see can slip off 25, but still really tradable Probably more of like a level four to five stock though for being honest heading into the afternoon No, it's still fairly inexpensive in terms of like price compared to riot But the spreads opening up the liquidity is pretty thin So just be careful on that trade right making a much sharper drop. Wow This one probably just dropping off at the market a lot further at this stage, but riot really slipping We'll take a look at Mara Mara pulling back right now, too Yep at 46 to 47 area. It's pretty strong today. I was telling a buddy of mine All right, well cannon I still like as a trade still really strong near its highs heading into the afternoon I say that now especially with Riot and Mara pulling back sharper heading into the afternoon with you know the Dow with the S&P in the other markets But take a look on the daily chart here while we're at it I don't mind spending a little time on this trade to see if this is like all-time highs of any sort Yeah, I think this is like all-time highs that might be the reason as to why this is so strong. Yeah All right, cool. We'll take it CASA trade not really doing a whole lot right now. I'll be honest. I was a pretty good exit on the watt trade I have that up on my other screen still. It's like spiking all the way back up to 650 Was a pretty good exit there not gonna lie It doesn't always work out as perfect right like I said, you know Sometimes when I do this meeting, I'll set a stop and I'll let like a 30 cent profit turn into a 5 cent profit. So I Felt this time more compelled after you know saying that after having that happen just pulled the plug there All right, not a whole lot of not a whole lot left out there really ac y squeezing up But very thin like really thin volume on the book right now Xnet I guess you can say pretty tradable Fausto did really well in the FRX trade this morning This one like came kind of out of nowhere and fairly active in the pre-market mind you but as soon as the market opened up It squeezed up broke new highs popped up on a radar Fausto in particular I forgot his exact entry and exit on this one. I was already my eyes busy Occupied myself like all these other trades. So he ended up doing really well I know that he left some money on the table a little money before it really started shaking off that high 1723 But got out obviously in time right before it crashed back down So did pretty well in that trade for the afternoon though. It seems like it's like just like pulling back down out at this stage I you know, it's still I guess shortable, but just I want more than just that at this point It's a Friday. So I'm not really expecting a whole lot left out there So there's anything popping dropping news wise that's coming out like right now or making a move approaching then try and be there to call it out Well, here we go. Here's one that's at least tradable mankind at the highs of the day practically right now Just made a nice pop off like six and six ten essentially the previous high All right, I feel a Fausto fire me if I don't put mankind on the swatch list It's like his favorite stock. I'm kidding when I say that at least the first part He loves trading the stock when it's very active at least, you know It's like more of like a prototypical level one to two trade. So it's easy. It's easy to follow How can he not so? Yeah, mankind definitely good find here work Not much going on there. All right, Lita got a kick out of that one in the chat board There we go and she picked up 28 cents on a lot. There we go on Watt that is at least she got in from 629 closed up practically under 650 or over 650 All right, cool. Let's hop over to the losers list see if there's anything looking just as good If not better is what we have so far on the list a bunch of crap hard to borrow RXT kind of new IPO Kind of new IPO. Yeah, I Remember this and RKT came out like practically around the same time like those weird things you just remember Shortable it's at the lows just want to look at it. Just the liquidity's thin We'll say there is some volume there here and there 2086 2075 some you know larger bids perhaps, but After the meantime, I guess I'll kind of keep this on the side come back to this at the tail end Markets dropping off you'd hope to see some stocks moving with the market heading into the afternoon I know in fact actually not to say moving down moving up the airlines are moving up perfectly heading into the afternoon Or at least they were the market breaking down perhaps after 2 p.m. Maybe that changed course Let's take a look. I know Fausto made that last call out Yeah, kind of weak right now Yeah, I guess you could say holding strong comparative to the markets But we can terms of it's trend from earlier popped up pretty nicely moved up towards the high of the time 1883 the from there like completely flattened out so You know in hopes of a balance in the market You see you know the airline squeeze up even higher from that point heading into the afternoon that could be a pretty good opportunity Kind of keep it on the side for right now. All right, Leda practicing some shorting She says in the chapel here in our trading room CBL. I should pick up 13 cents on a short got in from 1719 Interesting interesting drop. I don't know what that happened here, but it's near the lows down over 25% Leda I guess you're able to get shares of this Dropping down a seven right now. I mean hey that could be a good setup for those that can short Go back to that watch trade for right now. Hey, we don't need to have a big list heading into Friday's I mean Fausto even said that from the morning meeting, you know Normally, there's not a whole lot of news going into the end of the week coming from the weekend perhaps So, you know what? I like this watt trade I like the VC and X still the can for any of our like level three to five traders that one's still really tradable You know near the highs mankind's that's perfect like level one to two stock near the highs as well So both of those you know holding really strong right now Alright, I think that just about does it. I think that might be one of my faster meetings out there All right, so in total we got two four in total and really need to count that much So outside of that folks Judy says here in the chat board Traded only the VC and X multiple times both long and short today made her days paid times four Interest in interesting Friday for her Judy first and foremost. Congratulations. That's incredible Especially for like an outlier of the week Monday or Friday make your days paid times four let alone I've said in the past like myself like I was on a nice streak up until like probably like last week But like a Monday or a Friday I would like do really well on like one of my best days of the week would be a Monday or Friday I can't explain it. There's no like rhyme or reason. I really just just there's nothing behind it But just great job, right? That's incredible though. I mean days pay is great to begin with but times four You better enjoy the weekend Judy. Don't spend it all in one place, please. No, I'm kidding. Obviously, you know But with that in mind folks for all of us on social media Enjoy the weekend ahead. I'm not gonna be speaking to you folks up until Tuesday We'll be oh no Monday Monday afternoon meeting again But keep in mind Tuesday next week for all of us on YouTube live and Facebook We'll be hosting our traders talk workshop come coming up next Tuesday the 23rd They'll be taking place at 11 a.m. Eastern time Tuesday the 23rd All right, so keep that in mind But otherwise enjoy the weekend and for all of us live inside the trading room We'll post the link for class coming up very shortly and alongside that with the picks right take care