 All right, good afternoon cyber trader is Ron Andre and all of our students alike Let me know if you can hear me loud and clear should be good to go across all ends here inside our live trading room And back on social media on Facebook live linked in Twitter ex-youtube linked in Etc it works great to see all of our students here got the green light from later Great to see her and great to see all of our students just rejoining us right now Ron just making the call out on Instacart right cart here I know we were waiting on this right for it to open up the IPO a lot of a lot of people were Of course, so you know when there is something when there's an IPO this heavily Anticipated you know before its launch The hope is to see good liquidity. I mean normally what corresponds with liquidity is a higher float So just like you know, I'm sure there's been others in between But the one that I just remember like the back of my hands when it first came out was actually PLTR the number years ago and Like just I remember there was some hype behind this company as some sort of tech defense company and I looked at the float It was extremely high. So, okay This is probably gonna have a good spread good liquid good liquidity Look at what it has at least on the order book right now, right? And the stock's not doing anything today, but they're just checking out the liquidity. It checks out really nice So going back to Instacart here. I don't know what the float is I haven't checked that part yet even I just saw Ron's call out and no others from earlier It was on our watch list Steve Brian Wendy Alex Brad, you know all talking about it earlier inside our chat board But you know, hey, it's just kind of interesting to look at it here Normally, you know off an IPO you should expect to see some big shakes But normally if it's more expensive perhaps a bit of a pullback. I don't know the financials on Instacart I don't know anything about the company outside of at least like the UI end of it like as far as like just the Dressing part of it, right? I don't know anything about like the CEO or the company financials and all that stuff All I know is at least from what Ron mentioned its open price was 42 dollars. So Pretty much right away. It pulled back and dropped Really at this point I would focus on psychological prices. I haven't even looked on book map yet Which honestly a little housekeeping note at the end of this Meeting here, but we got a little time for myself So let's actually check in on Instacart right now check in on level four. I've not seen this yet at all today. So Raw reaction right now. Let's see what we can get. I probably need to do a whole bunch of Fixing around here now. This might not even give me all like the data back from earlier in the afternoon part Like it does but not the heat map portion of it. So all of these orders I'm assuming we're out there from earlier today. It's just a little glitch from book map itself But with that said there's about 17,000 on the bid right now at 36 much larger order out there on the bid at 35 and that's where I was kind of saying to Ron and all of us You know, it's a psychological level. You're gonna expect to see some larger orders out there Not just every whole number But every five dollars every five dollars as an incremental looks like there's a stack here even 33 32 31 but then Decade in a level here at 30 212,000 shares roughly sitting there on the bid so 35 and then 30 You know, maybe it bounces here across the afternoon But just especially if the markets pulled back come going into the Fed meeting and this ends up continuing Wouldn't shock me a C35 over time at least if not perhaps 30, right? You know as far as a day trade this afternoon. We can't short it new IPO hard to borrow as an IPO normally so You know for that reason, I think I'm gonna hold off. It's just more noise at this point for the afternoon I'm not really expecting a big bounce just yet, especially with the way the order book was looking before so you know, maybe a 35 we could see some good action there perhaps but Let's just go right from top to bottom here. Otherwise, you know, really there's a couple of these I haven't looked at just yet, but the AVGR has been the one that we've been focused on so Murph Like smurf but Murph They ended up making a Big pop big drop and now just I don't know what it's doing. Maybe it's even halted, but yeah We're gonna pass on this thing. I guess it's a new IPO also from like last year, but Whatever it is, it's just not really worth the gamble. So SEZL sezzle ink never heard of this either But you know a pop in pre-market then it had pulled back here hasn't gone anywhere since so it's up percentage wise But again, it's all just kind of noise This for right now is still noise coming off our traders talk workshop earlier today We recap this trade from yesterday into this morning was a phenomenal trade from pre-market was a decent pop afterwards, right? But like we always ask here in traders talk Are we our weekly workshop the same questions pretty much each and every week because there's more to it than these questions? But these are our real underlying principles and I'm not gonna ask all of our students here and annoy them right now It is to tell all of us otherwise at 1030 expect to see reversals So, you know, and this is on a low float to begin with when this already pumped and dumped yesterday And we didn't really expect to see it back up on the gainers list this morning anyway Run for the hills the more this ends up making lower highs You're gonna expect to see a lower low and a broke under nine as support. That's where we had the big volume I told you from the get go like no nine's the bigger level to work off of Compared to that little chart level there and pre-market off of the 850 so it's been holding a really perfect under nine since I Guess on the flip side if I'm trying to play devil's advocate to myself here It hasn't tanked and made a new lower low, but You know, what are we trying to do here? Really, you know, there's better trades to work with market's been pushing up right now Actually the last five minute candle there on my five minute chart bottom of the five minute chart See the spy there push it up right now So we've been calling out actually the large cap stocks like Tesla and Apple and namely right you've been seeing that in the Chapboard there is better trades and even if it's not on those large cap stocks It could be on just you know stocks that haven't made their big push just yet And you know, even if they're on a low float, you know, it's gonna be dangerous stock to follow But at least that can provide better opportunity more or less I just think that the gas has ran out in the tank here on this trade All right before the gas runs out in my mouth here. It's been a long day talking in fact actually for all this That normally catch up with a rich at three o'clock Eastern in the afternoons He's been doing me a couple solids of late So, you know, I told him I owed him one and you know We kind of arranged last week for today to be that day and then he kind of stumbled upon me today with it I forgot oh shit. That's right. All right, so with that in mind. I will be doing the commentary this afternoon It's been a long day of talking RXT hey, I look forward to trading with all of us here Especially if we can get a nice runner and if RXT could break higher that would be great So yeah for right now. I'm gonna put this on our main list just good spread. It's at the high And you know just low risk. Why not looks good? All right APL T doesn't look terrible, but just trading kind of like crap volume per minute right now It's just kind of slumping off a bit right there Man, even with the markets popping up the last five or so minutes or last minute, whatever this candle is there Instacart still just like an anvil. All right. We keep going though. Ah talk I I took two trades on this earlier today I took a minus three and then I went break even clean both from the same entry price at 202 But you know now at this point I have stayed out of it I was looking at it just earlier not like right before we started the meeting but maybe like an hour ago and I was actually looking I was like oh is this optionable it is I Didn't touch it though And I guess I could say I wish I did because it pushed up since and no there could be a lot more room to go On this trade. There was a big iceberg filled on the bid earlier too So it hasn't tanked from there completely you're expecting for it to just kind of stumble off and not do much for us this afternoon So for it to begin to go the other way here and move back on up. We love to see it So we'll give this a second shot. All right. So we got talk. We got RXT doing a lot of talking today There we go unintended MRNS kind of same deal with this as the like one of the other ones up top and just kind of Low volume per minute decent sharp, but Not gonna fancy it just yet Tupperware a little pop on top and realize that actually up until right now So didn't miss a whole lot there But I feel like this could be more of a tease than anything Tupperware like we're familiar with it and I actually like that, but It's not really going anywhere of late stitch fix. This has better opportunity I feel you know made a nice trend all throughout the morning heading into the mid-afternoon even topped off around 130 Just like an hour ago. So, you know, even with this pulling back and found support moving back on up for right now at least You know always subject make a lower high over time don't want to jinx it But you know just for right now, we're gonna put this on our main watch list there makes the cut stitch fix Finger FNG are actually one that we are pretty familiar with not really doing much there space Another teaser another teaser of stock just I mean you can just take a look over the last month or two We have called it out like once or twice over the last month or so and over the last many years We have it's just been off of news earnings any sort of news that's come out We normally look to see it on the gainers list or whatnot. I haven't even checked in with Benzinga today You know what told you I had a little time earlier. I don't want to say I don't have time now You know what let's actually just check the news on space Virgin Galactic approves inducements stock awards for new non-executive employees This is from Tuesday the 19th today at one in the morning So that's the latest headline out there something with Richard Branson otherwise back from the 14th last week. So You know what it's tradable. It's up 8% actually So a little bit decent chunk percentage wise hopefully more eyes catch on to it and it's low risk So it's not like it's like crazy volatile level five stocks. So, you know, I'd rather add this than Tupperware Because this is a lot closer to the highs right Tupperware has a little bit more of a ways to go to get there And then you know it has $2 resistance up top there as well. So I'm kind of comparing apples to apples. They're a small amount But you know specify that look at this weight watchers. So what is this? This is like the Wall Street bets meme stock type of run right now We're getting a run on AMC earlier that rich called out. I was gonna get to that earlier, of course But when we got game stop to Yeah, not really not really at all BB Blackberry not bed-bath beyond as we've learned There we go not really doing a whole lot either. All right. So there's a couple others I'm sure that could pop up there Maybe way fair actually which was on the losers list yesterday phenomenal short that we had on our afternoon watch list as well You know what let's just kind of head back there We had the AMC trade that was doing pretty nicely and then honestly, what was that last one WW? Okay, there we go. I'm a dyslexia tripping me up there. So weight watchers It's funny that I mix up bed-bath beyond and Blackberry, but I don't mix up way fair and weight watchers. All right So WW weight watchers, we're gonna put on our list and then AMC although it's not up like 5% plus Like just a really good chart and good order book. So for right now in hopes of seeing more right there We'll add it. All right, so I gotta refill up on water in just a moment here Let's just get finish up on the gainer side though. Otherwise, see if there's anything looking good on the way down I mean markets are popping up a little bit here and BIS we've done really well on this trade as you can see here back from May time late April time spiked up Then I thought there's more to it from what like a year ago or so as well Didn't just like pump up for us like back in like 21 or 20 even but um, yeah, all right, so If there's anything else, let me know on the way up You know, we'll just check out the Teslas and the apples as well just at the end from our side list there But let's see if there's anything looking good from here Not CGC here, but CCG Honestly may as well be CGC pot stock that I think I clobbered to That could have been clobbered in lieu of this dropping off just the pump and dump that this had Honestly, I mean it could have just like taken like some negative heat just being pretty similar in name Could be similar to T-Doc and D-Toc Meh, not as much Not as much there T-Doc up point seven percent D-Toc the other pump and dump trade from yesterday certainly dumping off down over 54 plus percent But I guess not as much of a correlation All right before we keep going there. Let's see what else we can grab on the loser side though EQX Neo down big 15 plus percent drop-off today I Guess I will be newsman levitan today. I guess I guess let me just check out Benzinga pro one more time All right trading lower after the company announced a proposed offering of a billion dollars in convertible senior notes That is a lot so I don't know what the valuation of those shares or notes would transfer out to be but Billion dollars sounds like a non small amount So it led to a big drop normally when there's like, you know any sort of convertible senior note news or more So common stock offering direct offering of shares and pretty similar to each other in nature Stock drops off like itself the equity. So this is down five plus percent early in pre-market It was under the radar honestly though Just snuck up on us and then as soon as the market opened up Just can just got clobbered. So there could be even more room on the way down here There's a big iceberg on the ask about 300,000 on the s currently at 874 So, you know what definitely not just because I've done well on this trade Not just because a lot of us have done well and we like meal here, but it fits like all the criteria perfectly Don't tell you what I know. I'm gonna be starting off with That is for sure MSOS pot ETF. I mean, we're just saying the pot stocks taking a hit till ray CGC all the others and this is the US pot ETF I mean, hey for a stock for an ETF to go to five to ten What do you think's gonna happen probably gonna drop back down like under seven over time? See what happens though just over time with the rest of the other pot trades We're not like as vested in them We just saw the squeeze back in August and thought there'd be more to it But if we're not going any higher, we know what direction we're gonna go in, right? I OVA similar deal for as much as this actually dropped off and then bounced back up the last two days Once again down big today like six seven percent, you know, it's at the lows But this one if anything may just exhaust out for the remainder of the day then maybe drop back down tomorrow Perhaps who knows I just don't really see as much momentum in the last like hour or so, right? It's at the lows it's tradable good spread good order book if you're looking for a short specifically There's my guy marking here No, but we got a couple traders that are specific to shorts actually and If you're looking for one and then put it on your list But for right now in terms of kind of prioritizing, you know, I like the RXT a lot I like to talk traits to like a stitch fix space, you know all those on the way up at least I want to kind of focus on those too. All right, so if there's anything else folks looking good up down left right We might have room for one or two more, but something moving a little bit better than this. So let me know I got one from Benzinga Well It's not looking accurate there. You got the EOS trade. So scrap that right away. It doesn't look too good This doesn't look too bad though MRNS we had this just before we were saying it was one of the ones trading kind of small volume per minute actively Hi, alright, so it's trading about 1.4 million total on the day with a good spread right now I mean kind of thin book, but spread's been pretty well managed Just watching level three right now kind of hawking it hasn't gone from like two cents to ten cents, right? All right, I'm sold MRNS That's how we do it here folks. Let me know if there's anything else looking good though across all ends inside our live trading room And of course just on our social feeds on YouTube X Twitter LinkedIn etc How about this got a question from one of us on YouTube? I just really quickly just I will say for all of us Whether it be a stock related question or any other question there. I see your comment there So feel free to send over any and all emails Josh's C2 trading back. Oh, I'll keep that up there Normally take that down, but yeah, we'll keep that up there on the stream. All right, so hey for all this Otherwise, let me know last call. Let me know if there's anything else looking good We got a decent watch list though one two three four five six seven eight stocks to work with couple longs couple shorts All together decent watch list to begin with With that being said, you know what I'm gonna say here No need to go anywhere else outside of this watch list folks I just scan the market for the last 20 minutes and counting So, you know, hey, I'll be back on the mic at three o'clock Remember if you're joining the meeting late inside our live trading room. I owe riches solids So he's tagging me in here So, you know, I'll be trading with you folks going into the afternoon I normally don't do the afternoons as often and normally I'm on a coaching call from three to 330 then Normally, I'm at the beach by like three forty six in the afternoon roughly three forty six three fifty on a late day On a late day, but with that in mind though that will have to wait I look forward to be trading with all of us here live going into the market close Gotta fall up on water here at least so hey, give me a small break I'll be back on in just about like 10 or 12 minutes. Take care