 All right, Saber Traders welcome on back here this Wednesday July 21st Shortly after 2 30 p.m. Eastern time welcome on back for our afternoon meeting. Whoo. I'm out of breath I was rushing right to my desk I thought I thought I'd be a minute late to begin normally I'm out of breath by the end of this meeting Great to see all of our students skip Alphonse Ron, Lori, Debbie, Dave Great to see everybody alike and all of us in social media Facebook live and YouTube. Whoo I gotta catch my breath here. Jeez All right, so with that in mind We have the phase 2 class finishing up later on today at 3 p.m. Eastern time and with that Let's go right into our picks the semi-stock right now. I Literally in the last second or two just got stopped out on the second half my position 630 was a really strong level from earlier today and with that it ended up breaking above it just before I Was hoping for support. I jumped in right from 631. I got out at 652 Or 51 on the first half and right now this thing is coming right back down So I'll put it on our watch list, but for a stock that's up 200 plus percent still and a lot more beforehand Normally, it's pretty much done with so we'll hope but if it ends up dying off later on then won't really be too much Of a surprise. All right All right, so let's start from the top now. Geez. I'm gonna have to work through this here But noro will talk about noro a bit here. We have class coming up So I'd normally zip right through but we're not gonna put this on our watch list for the afternoon But this stock ended up making a huge pop as you could see I mean right away after the market opened up normally we'd expect to see the stock pull back at first Probably see a bit of profit taking for a stock that's up over a hundred plus percent from yesterday And I mean man this thing once it got halted. Here's the scary part on this trade It got halted which isn't like too scary But it was halted for about like 45 to 50 minutes maybe even more. Let's see a little bit less 932 it got halted and Then it reopened up 25 minutes later at 958. I don't know why it took that long I thought at first like a shoot from the hip guests could have been like news in relation to a common Stock offering. Let me just check that right now really quickly But obviously ended up making this huge pop afterwards got halted over and over and over I mean it makes it untradeable right unless if you were in from earlier in the pre-market and held on it Honestly made it impossible to try and jump in at least initially you had a way for this to pull back down and even there You can't guarantee it's gonna continue to go up. I mean it moved from 5 to 12 Yesterday ran over night into the morning here today and you know just like we said before at the semi-stock We can't keep expecting it to push up and up forever looks like Just checking the news here at least from the market open if there is news in relation to the halt But I don't see anything the only headline I have here and this is just in relation to the initial run up on Noro, it's just the same headline that we had FDA approval for treating symptoms of Fibromyalgia and adults I Think I was wrong with the treatment. Yes, I may have said anemia Fibromyalgia, I believe that's what it is So you know nonetheless ended up making this huge parabolic pop over and over right now It's just so choppy it makes it like really tough to try and trade really tough to get a grasp on the order books So, you know if you're looking at gamble then this could be the type of stock for you But we are not here to gamble so see it also got at least going across the gainers list LEXX kind of similar to Noro in the sense of the order book at least you know much cheaper ended up making a nice spike up after the Open made this consolidation and then eventually rebroke resistance off of nine ended up moving I think it got halted a couple of times as well this Lex trade ended up pushing up towards over 12 Volume died off really quickly from there and the rest was history So, you know, maybe keep these you know stocks in mind Lex semi Noro Keep them in mind going into the remainder of this week I mean semi is on the main list for right now, but we'll see what else we can get the MRI entered I wasn't gonna guarantee it being today mind you but for as much as this stock pumped up back in the end of June It dumped all the way back down This is why we say keep these stocks in mind So I think it was one of us Norman if not mistaken called out the pop going into the early morning right from 10 o'clock and Right when it dumps back down normally think that's it. That's the end of the show, right? I mean more often than not it will and eventually it could break lower But this ended up spiking up again ended up breaking above the hive the day off of like 925 930 ish and from there it took off So it's a stock that made a really nice move and for right now although dumping back down I'll put it on our list and if I look at M RIN then I have to look at the LIN They don't really I mean they did trade side-by-side not carbon copy of one another So, you know, it's just to say that both are moving up right now BLIN looks stronger here at this exact second, but we'll put both on our main list for the meantime All right, so see what else we got here's BLIN anyway number 15 on the gainer side here Let's see what else we got though X AI are I feel like I named that hair is there Ended up making this spotty move on the one-minute charts at the highs. I like that But spread little wacky up and down light order book It's not a huge priority just yet This MMAT trade formerly known as torch light right TRCH back in in midway of June saw this stock pump up Dumped down again much like we said on M RIN It's not like we're gonna throw these in the garbage and just move on and that's it You're never gonna trade them again You know, so if they ended up making a really nice pop at one point Then at least it's something to think about the next time you see big volume coming in the stock moving up or down the gainers Or losers list respectively here on MMAT I think rich called this out when we were teaching when we were in class in the phase two course Ended up making the balance more so than anything and ended up breaking higher above four But for right now pretty flat definitely keeping in mind for tomorrow perhaps for remainder of the week DQ I don't think this is dairy dairy Queen. I was gonna say I think they have their own ticker though All right, so you know what I may as well jump to it I'll get to it right now and get it out the way So we'll talk a little Bitcoin right now folks cannon Mara riot all these blockchain Or Bitcoin mining affiliated stocks are up today moving with it. So let's just take a quick look on that I'm not going to take too much time on it and I say that I mean hey look We had a really nice pop But from where we left off Monday afternoon this time this vertical line is where we left off on Bitcoin It ended up continuing to drop off a little bit more and I told you folks back on Monday overnight I ended up jumping in I bought a thousand dollars worth right around 31.6 in relation to the drop off I guess I could have waited but I wasn't really concerned long term or short long term let alone short term I was interested in adding more if it kept dropping but nonetheless here We are now and a nice squeeze across the last, you know 16 to 18 hours perhaps but you know for right now look at where it's at right now You could see on the hourly chart this orange line represents the 500 exponential moving average We were watching this two to three weeks ago failed to pop your finally Well, it came right back down to break lower and we knew that that was a strong possibility after failing here So we're kind of back up here and we're probably gonna shake around for a little while longer before we potentially finally break over this EMA line but you know again There's news coming out across the next 48 hours in relation to Bitcoin. I know that Elon Musk I know Jack Dorsey Kathy would the three of them are set to have this big conference this big speaking or interview So we'll find out a little bit more in relation to what perhaps Jack Dorsey is looking to do with Bitcoin at that point And then on top of that I know that Twitter earnings are tomorrow afternoon if I'm not mistaken so alongside Twitter a couple of other major name brand companies I think UAL mixed in there, but you know, perhaps we'll see one of these major companies if not Jack himself and Twitter look to add Bitcoin to the balance sheet when that happens not a matter of if in my opinion I think it's matter of when when that happens We'll get our next big rally. All right, probably gonna see some consolidation here for a little bit Then perhaps a final clean burst over the 500 on the hourly But that leaves me to get riot that leaves me in a cannon that leaves me to Mara Looks like cannon seems to be the sharpest mover of them at least at this time of the day Mara's already dumping off, you know for these stocks I will say and for anyone new joining these streams or joining our trading room live when I go over Bitcoin and when I ever Whenever I see riot Mara, etc at the highs and up big We rarely ever see them make a big clean run from this point into the close So Mara's already dumping off a little bit already crapping out the other way For what it's worth cannon is still holding its own although kind of making a lower high still out of all of them I don't mind adding cannon to our list given that one is the most liquid of them also the cheapest But if you trade riot or Mara and do pretty well on them, then you know I wouldn't be surprised if you add it to your personal, you know watch list at that point BTU this has been more of a like a swing trade than anything I guess sans the big drop that we had on on on Friday But man this thing's been on a roll the last two weeks really the last month And today it ended up making another nice pop after the market opened up Slow steady trend from that point as it grinded up from 670 up towards small just over a buck up to 1080 and Change and I guess it's still hanging in there. Maybe I'll come back to this at the very end the BTU trade All right, let's see what else we got markets are up We love to see that and with that we're probably gonna find a lot more on the gainer side here, right? I know Fausto is all over the CCL trade earlier today inside our live trading room Along with that probably the rest of the cruise lines and airlines and gaming stocks perhaps as well There's JZ XN and how much going on there Mstr this is the the major Bitcoin ticker major Bitcoin stock Michael Saylor in fact CEO and he's one of the big proponents behind the Bitcoin wave over the last year and a half All right, well hop over to losers list Maybe there's just a lot more but not up as much as you know number 49 11 plus percent But we'll see what's on this side of the field my OEG. This was actually from yesterday I had this from four bucks as a nice slingshot trade and left a lot of money on the table Got to say there, but the big drop in pre-market I'm just gonna play around while I have the chance. We do have class coming up at 305 Eastern time I'm making good with my time here I actually caught my breath so I'm happy that you folks don't have to hear me wheezing and coughing every five seconds here, but Unfortunately OEG the news that came out early in pre-market. It's exactly what I thought It's in relation to a direct offering So a 36 million or 38 million dollar registered direct offering They listed the shares at 365 per share It's actually still a few cents above that listed price right now, but either way We're not gonna trade this at all normally when offerings come out. It makes it just untradeable for the day Each bunch of stuff hard to borrow on the losers list I mean really there everything's hard to borrow on the loser side outside of this APR e-trade and got to say this is also One of my better trades from the morning I ended up getting in from five very similar to the OEG actually and ended up making a similar move All right, so folks, let me know if there's anything else that you see that's up down left right more than that famous 5% that I ask Check out the sideless stocks just at first UAL not really looking that great actually in relation to the indices and CLA Changin in there near the highs holding under 26 Fausto's CCL practically the same move Daniel saying AMC is moving Right now or n slash B. So we were talking about this going into the afternoon meeting I typed this in our live trading room and this was when AMC was right around 41 30 ish or 41 40 ish And just to that point you figure it's gonna make the move to 41. I saw a skip. He was in wow skip You had a huge profit man got out a little too soon. Oh, no, actually, let's say Skip was in from 41 33 practically at the time that I was saying that I don't know exactly the time of his entry But 41 33 he entered short inside our live trading room out at 40 76 Made a nice trade there skip for a nice job. I mean hey AMC is a pretty expensive stock So, you know all of us. I mean, we're not trading the stock on as many shares as we would have let's say Shit, I don't know just even cannon Cannons a lot cheaper a lot more liquid. It's a lot easier to read I'd feel a lot safer trading more shares of cannon compared to AMC. I was trading AMC on 250 shares earlier. That's a quarter-sized position for me. So, you know as long as we're able to get in and out It's not going to be the biggest moneymaker on the day unless if you're trading a lot of shares NSPR from Dan on YouTube We got to Dan F's that's pretty interesting Then Daniel F than Dan F Dan F talking about the NSPR trade asking about it New hire the day right now. It's up 32% was probably climbing up the gainer's list as we were Going down from there. So yeah, it's at the highs. I'll definitely put it on our list I wish there was more volume on the book here Tight spread not too big But the orders are really scarce across the bid and the ask the stocks routed through NASDAQ 2 So that's a little concerning to be honest. All right folks. I think that's just about it That's all I got and I saw NSPR actually on Benzinga before I saw a Dan's post So, you know that that looks pretty good I'm getting a new ping right now on Benzinga x a i r is there as I'll probably nickname it But this one is breaking higher as we speak if I'm putting the NSPR on I may as well put x a i r on itself They're I don't know if they're related. I doubt it But no both are at the highs moving up nicely. Why not? All right, I'll tell you folks I think we're gonna call it we got about 15 minutes left before class starts I know that Rich is going to post the link repost the link that is from the live trading room So you folks can get in there early make sure the tech side of things has all worked out on your end the computer The audio etc and I'll be in there in the next five or ten minutes myself to get my final prep in For all of us on social media Facebook live YouTube as always I appreciate you sticking with me each and every day each and every afternoon make sure to like subscribe hit the Notification bell that icon on our YouTube channel that being YouTube comm slash cyber trading you I got a call out here at the buzzer. We're gonna count it We'll call it here. It went it the bucket went in before the shot clock went off. So AEH are I got a private chat from one of us right now asking if this looks good It's a former runner. We ended up trading this back on Monday ended up dumping off yesterday But today as you could see right now new HOD as well and yeah, you know, I'll add this to the AEHR stock I was looking for a short on this earlier today as it made a lower high and I was a little late To the draw I got it right here and dipped. I thought it was gonna look good ended up popping higher I took a three cent hit which is fun But folks, that's just about it. So again, I appreciate you sticking with me each and every afternoon If you've yet to join us live inside our trading room I'm speaking to all of us on Facebook live and YouTube right now Make sure to go right down to the link on the banner below just to get yourself started on a small trial But otherwise for all of us there right now I know that rich will resume the audio commentary right at three o'clock as I'm teaching and then most of us I know that will be in that class at least so I look forward to seeing everyone there. I'll talk to you soon