 All right, separate traders welcome on back this Tuesday again, not Monday, but Tuesday of course with yesterday being Martin Luther King Day, we are off, but great to be back at least here January 16th shortly after 2 30 p.m. Eastern time great to see Grant one of our long-time students here inside our main chat board But how about everybody else just give me a quick chat back if you could hear me loud and clear I'll tell you what after traders talk a lot of us rightfully so ended up, you know kind of dipping away I mean we teach in class you really shouldn't be proactively here and like really hunting aggressively for trades heading into the early afternoon So great to see Brian Michael Kathleen Bill Roger Phil great to see all of us otherwise and a seam and any of our new members joining us otherwise here Long day on the stick and we filled up on water. We should be good to go Actually quick house keeping note to begin all of us inside our live trading room We got rich for the afternoon. So he'll be tap tagging in for myself at three o'clock You know, he's actually normally done the afternoon But I've come back actually over the last couple of months here since the root for the 3 p.m. Session just gonna be jumping on a coaching call just at three o'clock and rich will be here for all of us Otherwise, so with that said if you'd missed out earlier because again We teach it like you know normally after traders talk after like 10 30 11 o'clock in the morning Step away take a you know a bit of a step back if you want to be here perfect I mean, that's what you know we're here for myself and rich and even Fausto could be in and out at times too But this was a really interesting move that ended up happening just added nowhere midday I just rich called out the drop the whole and you know when it drops off this much that Obviously some sort of news had to have come out. So I was actually on a call with one of our students finishing up I was like running behind I was like, you know what like I gotta check the news with you here And I even just went right on my cell phone. I beat rich to it at the time So spirit airlines they ended up having their deal with jet blue You know basically rejected by a judge federal judge and you know with that jet blue I thought ended up making a nice little positive reaction from it all But I was more focused on safe just normally don't see such a big drop. This was down over 60% at one point earlier this afternoon So I was looking for a bounce and really just to kind of give you the skinny on what I was looking for at first The stock was at all-time lows from covert time back there I mean it was literally at the low maybe two pennies away So I was looking for a break lower in the sense of maybe a five dollars We can get a good support level good clean bounce from there I wish I could tell you that I took this bounce at first here as it moved back up. I didn't But at that point. Hey, I thought there was a chance that we'd see a pullback So with it being easy to borrow on my platform. It was a great short afterwards So bounced up and you know from 750 760 I was calling that out pretty quickly I just found it like pretty sharply from book map and I wanted to type it in pretty quick But by the time I got in small size, but it just started to pull back very fast Well, even at that point it ended up bouncing from like 660 ish 670 Wanted 640 so I said all right just take a little profit get out and then from there the more it fails to make that lower low You know, it's more likely to happen over time I didn't jump back in long, but I closed out short took some money afterwards and a decent trade But yeah at this point now, I mean I'm gonna put this on our watch list just because I mean it's just down a lot It's within our price range as a good order book, you know, I would respect the lower Respect the higher lows higher highs here at the time being $8 big resistance level that we had from earlier in the afternoon and if we just go to level four here pretty quick You got something even there now at 785 blocking it so, you know, maybe over time if this ends up breaking lower here This could be a pretty good short once again Michael says on top of what I had mentioned here the court's decision, right? The decision also raises doubts about the recently proposed deal between Alaska air group ALK and Hawaiian holdings, which I will take a look at those stocks Mike right now No, we were focused on save we were focused on JetBlue, which hey positive reaction up nearly 6% right now So, you know, I'm gonna put those two on our watch list just out the gate and then we'll check out Mike's ALK Down 3% had a little spike up and down off the news, but you know, not really as Not tradable. It is tradable. It doesn't offer as much opportunity I think compared to JetBlue and then spirit Hawaiian could though. I mean, this is like This is a wacky one, isn't it? I mean with unfortunately everything that happened Just you know over the last year with Maui and you know the situation that happened there Then there was a big pop was it Proposed buyout. Was that the buy the rumor sell the news deal that we had back in the beginning of December? Let me just double check the news out on this here. I forgot what happened exact Oh, so that was the Alaskan Airlines group the transaction Mike, right? Okay, so it was Alaska bought it for $18 per share in cash $1.9 billion deal and then from there a big drop and then You know what I like the JetBlue. I like the Spirit in terms of volatility Hawaiian it's not a bad one, but I feel like after it already were traced back up I'm not as certain of it like really making a good move for this afternoon now coming up Maybe by the end of this meeting. I'll come back to Hawaiian here, HA All right, so we got two and actually I'll tell you what we're probably gonna have three here I normally don't like following these stocks that are like below a dollar, especially if they're much lower And further away from the $1 threshold. So, you know, this cheapy here fun PHUN is up big today It's up like 357 percent. All right. Well, I'm gonna toss tall for students here Not it's not to ask what does fun do but you know, what's what's going on PHUN for any of our longtime students of CTO You know, we've traded the stock in the past So, you know, why are we trading it today? Why'd we call it out just before wasn't on our main watch list because again, we don't like really trade these You know penny stocks nicknamed John says more buyers and sellers Any of our longtime students like Michael was there back then Grant Lata Lawrence perhaps rejoining us. I know he's a I think I'm coming off a little Neat thing going on, right? Well, this stock is affiliated with Trump Funware and this was with DWAC. This is the Trump Digital World Acquisition Company, but back when DWAC popped. Well, it was PHUN also that ended up making a pretty historic run. This is back in 2021 there big spike up Now, I think that they've had reverse splits since So it didn't exactly go up to 25 dollars on the nose or 23 on the nose I think there was one reverse split since that time But you know, hey, whether you like them or dislike them Whether you're into politics or don't like politics. I personally stay away from it all It's just to say experience prevails when it comes to trading it So with Trump winning the caucus last night in in Iowa, that had a nice pop on dwac Now that doesn't lead me to just jump to trade this stock. Why look at the spread. It's terrible Trust me. This is not going to get better over time I guarantee you that If you're to trust me on anything, it would be that this spread's going to remain big on this stock So that is where I think a lot of traders are jumping more towards this ph un Although right now, I mean, it's like up two or 300 plus percent Definitely a lot more than the dwac trade I'm going to put this on our list because it's at least tradable has a penny spread at least Yeah, it's making some pops and then some shakes back down throughout the day But it's maintained really higher lows across the afternoon So, you know, I'm not going to really put this on our watch list each and every day going forward But more coming off what happened overnight. There's a big win for for trump in terms of like the Margin of victory. So you're getting a big reaction out of these trades. You got to respect that and you know, just This one here is just untradable looking at the spread If this was any better, I'd put this one on our list like number one This could be a good swing over time if you think about it or whether you, you know Or a fan of trump or not just if you see a good opportunity after this pop That's something to think about on a swing perspective. I think there's warrants too for the dwc I'm not really too jumpy about warrants in general. So Uh, listen to me. I'm going to go with ph un It's one of the three There was another one that eventually got delisted I think it was c v fi cf vi, but that one got delisted over the Last couple years. So that's all All right. So what we'll do is go from top to bottom now. Pardon me there We'll see what we could add to our watch list That chat so that's another social media platform company actually I don't know if trump backs this one up as much but it's like, you know, maybe in Some sort of affiliation with dwac Because I know trump has like the truth social thing going on dat chat is another like social media type of platform So I didn't even realize like I forgot dat dhts was dat chat And it's actually my ignorance playing off until right now. So, uh, you know, I missed that personally on this move I know we had called it out. I know richard called this out after the uh morning had finished up Popped during traders talk topped off right around four dollars But yeah now at this point making lower highs Not looking as good as the other trade Hmst as we just kind of continue going through now This actually made a hell of a run up since like 12 o'clock noon from 13 80 14 up to nearly 16 nearly two point move there Just again, the order book is so skimpy and thin. I'm not a fan of that. So that one pass You got a bunch of these cheapy stocks now whether I don't think any of these are affiliated going forward with trump I think it's just because once they you got this cheapy up 300 percent You're gonna get a couple others that could be short squeezes over time mark mark is one of them Vxrt vaccine company pumped earlier it looks like, you know, I didn't really even see that until now We don't really call out those stocks below a dollar. That's the issue So unless if there's an actual rhyme and reason that myself or fowso would find words It's like I'd rather keep it around like $5 $10 $20 $30 like somewhere around there Rum is in rumble. I think right Rumble I forgot about that as well another social media You know platform company kind of like a youtube competitor where you know video video sharing But a little pop before but not really a whole lot to it here right now at this point grwg I think a pot stock I know one of us called out tilray earlier today that stock is such a tease at times It's tradable, but it's just such a tease where you expect the big pop and run that we had back in 2018 Just for anyone new here just to show this run that was even in 21. Let's go to 18 this move here This was a real move that we caught off tilray's ipo back in 2018 pot stock back then And if you were with us back then it's like ever since you you wanted to see the stock make a pretty good move and run You know on a day trade. It's been good to us here and there, but Right now I mean it's hard to pass up on it as a day trade because hey, it's at the highs It's you know cheap. It's good order book I don't mind putting it on our list for now. I like the air lawn trades more Like the funware trade more All right, let's see if there's anything else looking good here across the gainer side Hey market, this is all while the markets are at the lows right now, right? I mean, I just saw uv xy up over 7 So, you know just until recent markets were dropping off pretty steadily Don't tell that to amd amd just kind of blasted right out the gates this morning like a bat out of hell like You know between this and the video but amd is up Over 7% now it was up nearly 8% earlier today So a really strong trade on amd going back up You know, it's going to be hard to ignore a stock like that at least there I'll add that kind of to the back end of our list amd If uv xy was moving up better at this time of the day right now or like breaking a new high or Just looking sharper. I'd probably add that there but for right now I'll pass Ooh a nice little trade on this smmt You know, I there was actually a lot more on the gainer side here just as I kind of went through So this smmt Uh, I mean not a bad move I mean certainly a higher high compared to back what what we had back in May june time last year It's been a great swing trade seemingly but as far as the day trade up over 9% at the highs I'd be interested in seeing if this could you know, at least get a little faster of a move here heading into the close All right, so we got a good list already. We got Six stocks, I think to begin from the gainer side Check over see if there's anything looking good from the loser side here Alk took a 2 cent hit on this earlier today. It's like a You know tiny dinky hit because you know it was down so much that you wanted to see a good dead cap bounce And it was after 10 30 So it was kind of as it was pulling back here seeing if there was a case to see support build It took a long time, but it just failed and you know, it's going to happen if it's not going to make that pop again So the no business holding on to a trade like that Weight watchers Weight watchers taking a huge hit Not at all time lows. I mean, you know, technically it could be a good short more of like a level one type of you know, short You know what? I don't mind adding it. We don't really have like a Yet we're kind of working our way there, but I don't mind adding weight watchers for right now short of all my platform at the lows APLD this is kind of a stinker here going to pass on that You know boiled down big but not really doing a whole lot here since the the early morning session if anything All right, so hey, I I think that's pretty much just about it here I mean really the crypto stocks I stayed away from if you joined us early on in traders talk today I told you I mean it took a little while for me to get my like gears kind of go and get my feet grounded on Mara this morning, but it's actually been a great short off of friday's closing price at 1898 level that Yellow line that you see up top there. That's easy to say in hindsight, right? I mean, I wasn't looking for that short just to say hey that big level certainly created a cleaner resistance Clean touch and then it came back down Uh, I don't really have much business with the crypto stocks right now coin base Mara Actually coin base doing a hell of a lot better than Mara today percentage wise at least coin base is You know positive right now Mara is down over seven or nearly seven percent Mike saying ALT down ten percent Uh, you know just up until recent it was breaking, you know new lows and there's a case for that to try and continue Right looking at the daily chart for as much as this ran up back in the beginning of december heading into this year You know taking a bit of a breather and pull back today For right now kind of keep this on our side list for right now. I'm like not a bad trade and tradable, but You know and and I'll root yawn if you're already in it. That's the thing too Like I'm not rooting against you. I just right now unless if there's more so something That's actually just like on the way up or like breaking a new low in our face right now I'm gonna just kind of keep it to what we got dwa seed trying to break a new high Again, you know my feelings on this stock. I like the move. I hate the order book So, you know, if you want to do this as a potential swing That's one thing if you want to look at the optional order book and that's more liquid. That's You know even better But don't try and do this on a thousand shares. You're trading this on like a 20 cent spread 25 cent spread You're going to kill yourself. So and I don't want you to do that. So that's where I say I'm going to put this on our list under those conditions. I like the fun trade A lot more my friends. So keep that in mind Both are going to move pretty much together And then from for any of course just the dwac popping right there So there we go I just caught that chat right now for any and great to see you by the way joining us on youtube one of our students Normally inside our live trading room appreciate joining us there for any and you know, of course to all of us Otherwise on youtube facebook live, etc Just all of us on social media at cyber trading you be a friend tell a friend Let's spread the good word of cyber trading university In fact, Fausto has a couple of big events lined up this week just tomorrow coming up He's actually going to be at nasdaq headquarters big event streaming on nasdaq trade talks with their host gil malandrino So I know that we're going to post the link for that just over time inside our live trading room for that So for any look to join us there tomorrow actually if you're looking to get that link for Fausto But on top of that rich, if you could do me a quick favor there and post the well 365 link Inside the live trading room too just as we're wrapping up well 365 started this week big multi Speaker conference throughout this entire week and Fausto will be on thursday for that at 10 a.m So definitely look to register just right there at the link that rich will post coming up and You know just to make sure that you get access to that not not just Fausto all the other educated educators out there I know rob hoffman tom sasnov john sevill Uh, just a whole litany of different traders out there. All right All right, and hey if you're on social media wanted to join us inside our live trading room Just scan that qr code on the top left of the stream just to get yourself access to a week long trial Just to us inside our live trading room, but for michael grant chris john and all of us otherwise Rich will be on at three o'clock again I'm going to jump on a coaching called one of our students here coming up at three And then um, hey, I'll be in the chat board obviously all the way through But you got rich coming up on the mic at 3 p.m. All right folks talk to you all soon