 All right separate traders welcome on back here this Wednesday afternoon November 9th shortly after 2 30 p.m. Eastern time Things aren't looking good. Are they great to see all of us at least here inside the chat board Karen and Warren still with us here Jeff and Mike just from up top before Leda and Andre just joining us now Frogging my throat there pardon me But great to see all this back on social media as well Facebook live or YouTube. I mean hey not all things are looking terrible There's a few few stocks pushing upward going against the grain on their own accord, but obviously looking at the markets today We ended up having a pretty strong close yesterday Considering things you know is pretty volatile, but you know ended up after a brutal shake bouncing back up made a nice recovery Here's the thing we ended up getting a bit of slippage here heading into the open It was like kind of going nowhere for a little while to spy and that's where you think all right Well if it can break a high or high then there's a chance to see at least some continuation and a move upward But heading into the late morning early afternoon lower high Came back down came flat flat flat and bam ended up breaking the lower Lower high led to a lower low and going into the afternoon right now There are definitely some stocks that are moving with the market as well just as a great short So we have NRBO on the screen here to begin this stock on its own accord making its own move up up over like 47% looks like a Fausto flags building pretty much across the entire day No holding underneath the highs there off 192 and 193 and making higher lows in the process So we'll put this NRBO on our afternoon list just to start I Haven't really focused in on this trade as much across the early afternoon So missed out on a subtle bounce from 175 the VWAP up to where it's at now 184-185 ish, but we'll see if this has more legs to break new highs going into the close You know, hey, there's a couple of other stocks that we're pushing up or recap them as we go through We have the natural gas ETF cold. That's also holding pretty well there Let's start with number one though Mac This is just a really good example of why we don't need to just keep contained to the morning watch list And that's it, you know, you want to start with that list start with that list I mean, it's better to start with that list than to wander off on your own But once the stocks that are on our watch list die off in volume That's where it's best just to move on to other trades. You don't want to get stuck watching this Just do nothing the whole day, right? I mean if anything this Mac trade ended up breaking below support early on after the open 1267 Essentially support became resistance, you know the first test of it You know broke above it there briefly is like a false breakout But then came right back down ended up just I mean I was expecting this to dump off way more than it did So that could entice you to at least think oh, maybe there's a chance it can pop but otherwise though there's not much liquidity on the order book and Until it makes higher lows then we don't really have a trade on this thing I mean it's gotten literally nowhere today. This looks like a buyout if anything I mean, I'm not I'm not even gonna check the news to care, but we're gonna move on from this trade You know it was a nice pot from early this morning in pre-market hours, but I'm gonna pass here for the afternoon Alright, let's see what else we got here in the meantime Mac and RBO got the own trade. Oh, em This looks like buyout really flat right there Oh RPX we'll keep it going through folks Callo is one in pre-market early on but it really had some thin volume out there on the book And I guess it popped a little bit after the open, but topped off right around that 770 ish area 75 or even 79 the high But there's a lot that's on the gainer side I'd normally say there's not a whole lot of you know moving up or you know, that's up big But there actually is we do have to go through this with a bit of a fine-tooth comb right now folks There could be some stocks that we haven't looked at that are like popping right in our face So, you know, obviously the spy the S&P is dropping off still But there is a lot that is up that you know five ten plus percent Probably a lot of crap, but you got to weed through it. It's the purpose of this meeting here PXMD we are familiar with this stock this stock Maybe like a couple weeks back here ended up making a couple of days in a row popping up You know nice move, but it was strictly a day trade obviously look what happened after but you know We're familiar enough with the trade it popped before but I mean little actually popped to the highs again They've broken a new high here, but it really ugly shake after so not fully Jumpy to that one just yet The natural gas ETF cold I don't want to directly 100% correlate this but when the markets are down Then you're gonna see this at least be up a small amount Not always gonna go inversely against the markets and to make a nice run up Directly against it, but no colds up over 13% today. It hasn't made lower lows yet You know, so there's a chance that could pop it really needs to shake off from that VWAP area 1858 1860 coming up, but yeah right now. Yeah, I'm even gonna pass on this Got the NRBO on our watch list so far. That's it We did miss out on GRWG popping up and running up again after the open here You know, there were other trades that moved up pretty nicely for us So, you know, this one kind of slipped past us a bit, but really ugly shake I don't know what the hell happened even here. Let me just double check That's the type of shake where you got to ask like the news come out midday This thing ended up popping off at 530 529 dropped all the way down a 460 Got no news on that. That is a brutal shake. I mean, this is a pot stock So I'll just check out the pot ETF like MJ It's a drop off little decline there, but that's brutal that's terrible to have I mean, I know a couple of the other pot stocks ran today like CGC and Toray That is brutal on the GRWG All right, we'll keep this on our side list though for like tomorrow morning I'm not gonna focus on it as much now though All right, something that could directly go against the market. I mean, this is a semiconductor ETF But bearish semiconductor ETF SOXS little pricey. So I'll just generally look at, you know The inverse ETFs like UVXY right now. That's obviously at the highs SQQQ pretty expensive as well I'll put UVXY on our main list if you normally do well trading the ETF UVXY then You know exactly who you are inside our live trading room, right? Let's be honest if you're hitting 50 cents on UVXY a day or 30 to 50 You know who you are So you should definitely be pretty inclined to follow it listen if you have book map if you have level 4 It makes ETFs a lot easier to trade So, you know, that's right say hey if you do have level 4 then give it a shot Definitely, then you know, it's definitely good one for you to look at if you don't have book map if you don't have level 4 I would rather you look at NRBO Pretty hard to trade an ETF without book map. All right. We'll keep it going here to wrap up the gainer side folks I didn't really see a whole lot else. I mean, that's to be expected at some point But yeah, I think that wraps up the gainer side. We'll hop over to the losers list here Man see LVS not only down 71% today, but I mean, I guess it's mainly off this drop off, but Geez, I mean it became below a dollar just a few days ago I mean from the last week and then it's been on a steady decline for a bit a huge gap down And this is an oncology company But you know, we've been trading them off of like pharma news off of drug news and so forth I have no idea what happens here. I don't care to check probably something in relation to like one of their phase one phase two Primary end points not achieving efficacy or whatnot And put my pharmacist hat on there All right TLS. This is down as much and it is tradable like actually tradable So, you know steady trend down at least across the afternoon It is shortable on top at least on my platform So I'll put this on our list not only because it's shortable for me But if it fails to break lower it is down enough percentage wise to where we could look for that proverbial dead cat bounce So I actually hope that happens just for the sake that all of us could jump in long if that's the case I know that some of us are trading out of their IRA accounts cash accounts and you can't short entirely so On top of that. I mean if you're not on trade station, maybe your platform broker doesn't have the shares So I really hope this actually builds higher lows and pops to make the higher high later on nice little squeeze up With that in mind though just a double check. I think this stock is at all-time lows So it's a tough ask when a stock is breaking historical support when there's really no support at all to work off All right. What else we got here folks? What else we got here on the loser side? Got a few cheapies I'm not gonna be as particular to look at the cheap stocks that are like shortable if it's down that much like TLS CLVS, then I automatically like check it out, but I Don't need to look at all the like this one's super flat not much happening on this at all Oscar is this like Oscar health? It is Oscar health. Wow taking a huge hit. I mean just today and then just the last Several weeks and months of course, but at all-time lows here I mean, I'm sure this will be a short squeeze eventually OSCR. Don't hold your breath waiting for that squeeze the SG not all I mean actually it's a nice squeeze here something happening on this chart nice move up from 1350 up towards 14 It's down 19% I don't know how much room we can get. I feel like best case scenario you can get like 50 cents out of this I Don't have a great need to put this on our main watch list right now, but You know, let's see if there's others out there that look a lot better Redfin the stock is shortable on my platform It's at all-time lows Yeah, all-time lows. There we go You know, this is more of like a level one trade if anything there is direction. It is dropping off It is at the lows mind you so You know, I'd be more inclined to put this on our main list, but I want to check out first like a firm I want to check out Upstart I want to check out Roblox. I mean those are ones that trade more volume and depending on their direction I'll be more inclined to put on our main list So a firm here you could see just you know generally holding above 12 Waiting for that to you know break out of this range here that it's built over the last 30 45 minutes here So we'll see if this could pop higher and what happens from that point Or if this ends up making a lot lower high here and snapping back down to try and test 12 I don't mind focusing in on the firm trade and then also just check out like I said upstart UPST taking a huge hit from the morning, but that actually led to a great dead cap bounce afterwards So this one is still trading enough volume per minute. I'll put this on our main list too And then Roblox Roblox this thing has been a train wreck today. I Namely off the 33 level it took a long time for that to materialize But this I mean is exactly what we covered in class just earlier today I mean we were actually using this in the swing trading course that we did today I know that there was a little issue with email and zoom a couple of us Michael and Chris weren't able to get The recording of that will be on the student portal coming up So just stay tuned for that at least my apologies But you know we were just talking about this trade in class like you know the more times this Needles the thread and tests support and pokes at it What do you think's going to happen? So this ended up breaking below this area as support It became resistance ultimately after the lows did at least and then led to a nice drop off from that point So Roblox just giving the the overall activity for today. I'll put on our main watch list Let's see what we have here as far as like a historical level. I'm on the weekly chart So definitely not at all-time lows all-time low would be off 2165. I believe I mean it definitely broke below a historical level here from the last like month month and a half 33 57 33 61 33 20 ish So it did that earlier So there is some historical support, but you got to look back a little further on this trade So I'll definitely put this on our on our watch list here the Roblox See if we can squeeze at least up up to 32 at first and go from there All right, what else we got here folks that might just about do it across the loser side You know, there were a couple of others that had a nice day today like plug had a nice pop at the open Ah that came all the way back down, didn't it uh karen asking to check out carvana cvna And not a whole lot happening here. I mean it's tradable by all means like really liquid good price and You know if it ends up making a pop you best believe we'll call it out, but Like kind of like middle of the road right now just it's stuck in this range I will I will mention though. I mean you could see it on the chart. It's right here There is a massive spike of volume that took place at like about an hour ago at 143 eastern I'm gonna make an assumption here. You know, hey when you make an assumption sometimes you make an ass out of yourself I think this is a pretty strong assumption I think a lot of that volume got filled right here That's 745 that giant spike of volume I'm led to believe that the majority of that got filled off the top of this bar at 745 right there That's that's all I could really mention uh karen, but otherwise, you know, just I think that there's others to keep more of an eye on this afternoon Www as a short shorting wolverine worldwide interesting Uh, it is dropping off quite a bit down over 33 percent It's hard to borrow so that's probably why I just skipped over it, but it's really trending down nicely So yeah, I'll put this on our main list. Good call Off the lows right now. It is thinly traded. So gotta be careful in that regard But spreads seem to be pretty contained now mark, right? So, you know, I like that Uh Not At all time lows. I don't think no But I mean, it's it's right there. It's it's really at like, you know, historical levels for the most part roughly off that 1219 and Is that 1252 so it's below there at this point I mean this could drop off a little a little bit further But right around that 12 ish area, you know, 1215 or so that that should be a pretty strong support level to watch out for On the straight over time Mark saying mac just popped Let's be the judge of that here All right, we got a little pop. We'll call this a pop but Oh, man, if we don't get continuation, this is going to crash So bad It will get halted on the way down so fast if this is a head fake It's like just at the v-wap right now, right right off 1236. It's literally at the v-wap right now so good shout Put this on our list in hopes of you know, a real support build over time If this head fakes from here Scratch it off your list because if this head fakes from here, this is going to be Roodle this will be ugly. This will get halted going down if this fails to pop higher from this point So gotta be careful All right, uh, you know what one from my list and You know, this is more speculative but Coinbase I'm gonna put this on our main watch list as a potential short Because I am in this as a short right now. I've been in this really from the morning But it's on such a small share count. It's not a moneymaker for me. It's like nice to still be in this position It's still it's actually moving up a bit since but you know, I'm looking for a lower high here Roughly from the v-wap off that 46 67 if it pops from there, then I'll likely just jump ship and get out I'm in from 48 71 right now So I wanted to see this really drop off a lot more break below 45 again. Obviously haven't gotten it But um, you know, we'll see where this could take us at least I don't mind slipping this at least on our main list All right, folks then from all of a sudden social media facebook live youtube I don't see anything from you folks and that's all right. I think they'll be touched upon them all here for the most part Anything else. I don't think really is worth our time All right, so folks. Hey, uh, keep in mind it for all of some social media facebook live youtube I always like to post my email here at the end of these streams Josh at ctu trading com any questions that you have feel more than free to email me for any of our students At least I know I have to get back to a couple of us that had emailed me from the end of the day yesterday So just allow me the chance to do that later on this evening But keep them coming in though and certainly for all this inside the chat board in the trading room You know where to find me just private chat me coming up here I've been talking to a lot of us just through the private chat during the day today And any questions that you folks have definitely just shoot over a quick private chat to me there All right, folks, but uh from three o'clock onward You'll have rich on the mic and then I'll just be in the chat board here and out Uh just monitoring coinbase and seeing what else is out there here taking us into the uh close If you haven't realized I haven't taken a sip of water since this meeting started That's because I forgot my water bottle. I uh, I ran through this meeting pretty nicely So I'm gonna refill up. I I'll look forward to talking to you folks. They're coming up pretty soon here. Take care Come a cyber group member today Just click the link below and receive all these amazing products and a world of knowledge For just nine dollars Do it today