 All right, Sabre Trader is good afternoon and welcome on back here this Tuesday, November 8th Shortly after 2 30 p.m. Eastern time. Sorry for the horse throat here Welcome on back here for the afternoon meeting great to see Leda and Mark Mark just cleaned up got a dollar on a short He just took on the stock SI will jump to that one in just a moment Nice catch from Mark great to see Henry and Dan still with us here at least and Michael from before Michael got 50 cents Also just a moment ago. So that just before too on I think it was Nordstrom JWN is that now? Yeah, that was moving with Coles right earlier today. I think cold had Coles had earnings KSS So that could be like a nice little sympathy play to work with like from your side list great to see Leda and Jeff You're still with us as well So let's hop right to it folks just if you'd missed out earlier this morning our traders talk workshop We're gonna post that on the student portal just on our website just for any of our members a part of our trading room At least if you would just join late missed out on part of it We'll have the recording up later on today, but with that though cold natural gas ETF I was just scanning through of nothing too particular about this You know it's having a good day up over 12% year 13 even with it pulling back here You know wouldn't be a bad, you know one to at least put on our radar on our watch list It's an ETF though So unless if you have book map unless if you have a level for I wouldn't suggest for you to be trading this Simple as that so you know it's actually beginning to pull back a bit Let's see if this could build a higher low from here Then we'll come back to this by the end of this meeting We'll put this just on the side for right now. I'm not gonna put this on the main list just yet But what we'll do though Hey, there's a couple of other stocks that did make some good pushes from earlier that are still hanging in there for right now The market is taking a bit of a bath right now dropping off quite a bit from 1 p.m. Eastern time So with that, you know, we're gonna follow some shorts like mark was doing earlier But let's see what's out there. We'll go from top to bottom. We'll start with the top of your task. It's up 33 percent. I Knew that this wouldn't be as a liquid. I just wanted to check the direction on this So it's not like looking good either way up or down. It's just very illiquid So I'm not gonna pass on this one at least but let's see what else we got GRWG a pot stock here We did pretty nicely on this trade from earlier today even with that shake in the mid to mid afternoon You know with that it's gonna squeeze back up I wasn't necessarily expecting that but from the morning from the market open it ended up popping it ended up making a pretty strong move You know with that it ended up running up towards just about 475 and from there ended up just flattening out Not a whole lot happening here folks. So we're gonna pass on this one too It is shortable if this one ends up snapping below support This could be a pretty interesting short opportunity, especially if this trend line off the low is pretty much just snaps and breaks All right, let's see what else we got here and folks by the way just inside the chat room obviously elections going on right now You don't care about my political opinion. I know that I Don't care about yours, you know, we're not gonna post that in the chat board as much We want to keep the chat centralized around say, you know trading and call outs You know, everyone has their own opinions, but there's other chat rooms for that, right? Another chat boards for that All right, so we keep it going though. Neo ended up making a nice move from earlier today, right? It's still kind of hanging in there. It's like making around the top, but yeah, right right now I'll kind of just put this on the side list I'll come back to this just at the end if it ends up tanking from here I'm not gonna be as interested But hey if the VWAP could hold and if this could hold better over nine shortly after that was a pretty big volume level Just from the consolidation build you can see that on level three on the trade station matrix Andre So, you know with that that could be a nice level to look at we'll come back to this one at least by the end of this meeting Nothing so far then I've put on the main list I mean shouldn't expect to see a whole lot so far with the market tanking the way it is You know, I'm sure that we're gonna focus on some shorts like I'd said coin base taking a big hit today Lift broke below 11 earlier. That's only been been dropping off ever since Ah, Groupon's been holding kind of well here. I mean just flat since the late morning But you know if we're talking about the next 75 to 90 minutes of our day It's hanging in there hasn't tanked lower and you know building up a little bit Again, I'm not fully committed though. I'm not fully committed. I want to see what else is out there It can be very delicate across the gainer side Listen the less if there's a stock that's like popping right in front of our face and blasting on upward I'm not going to be as jumpy to it. So Yeah, IG and G you got to be kidding you at this for anyone that has traders dyslexia Just check this out. I mean this happens more often than you would imagine where like by stroke of luck You got number 12 IGT And you got number 13 TGI. Look at that on the gainer side. You see that For anyone with traders dyslexia like myself and and you know fowst would be you know More than happy to say he's got it worse than me, right? We talk about that all the time in the trading room. That's bad IGT TGI All right, it doesn't look like either are making as good of a move either way So I just found that to be a little funny, but let's see what else we got CTIC This had a really big iceberg order on the ask at six bucks I was hopeful I ended up taking a couple of losses going into this meeting You know four or five cent losses not like one or two cents where I would say it's break even but you know, not too big It's just to say, you know, I was looking for this to try and make a new pop up towards the iceberg That's there at six. I got in right off 581, but as soon as I got in it pulled back lower I'm like, all right, this is not the move. So I ended up cutting ties on that at 77 and it dropped off more since so You know, it is shortable. It's tradable. So if it ends up breaking a lower that could be an interesting play Right now it's kind of straddling around the VWAP. So I would I would look for that to be support for right now What else do we have here folks? Let's see if there's anything else looking good here. Otherwise from the gainer side I mean if you're just joining this meeting now, I'm sure that you're aware the markets have been dropping off steady since You know 12 30 1 p.m. Eastern time. So, you know, I always say this We're not going to find a whole lot that's, you know, running upward right now is the markets are steadily down All right, let's see what we got here on the loser side right now folks See if there's anything looking a lot better. I mean, I certainly hope so. We got nothing on the main list just yet We had a bunch of stocks that are down really big percentage wise. I mean, that's not as much Because of the market but perhaps because of news of their own or you know, maybe just like a short squeeze And then they've tanked again. So, you know bvs. It's tradable a little thin on tier size here on level two But liquid enough liquid enough and it's shortable. It's dropping down pretty steadily here And it's also down enough to where if it fails to break any lower or if it falls breaks of support Then it's possible where the shorts cover and this could be a nice dead cap out So, you know what I do like this one bvs follow the trend down first It's breaking all-time lows. So, you know respect the short But if it ends up breaking under and over a big support level Then that's different or if it ends up holding here and really show some strength on the bid That's a little different But let's focus on the you know, eventual test of three. I think That this uis stock here, too, I would imagine breaking all-time lows looking at the the historical here Yeah, I have to actually go back a number of years since 2016 2015 even as that Oh, wow even more holy smokes. All right, so since 2009 this stock was a two dollar 80 cent trade back in march of 09 so it didn't break all-time lows technically but multi-year lows at least You know really weak going into the late morning the early afternoon It is making a nicer bounce right now actually. So, you know what like the bvs It's down enough percentage wise and this actually has started to move up already. So uis i'll add to our list Mark got nearly a dollar on the short on si He wrote earlier, you know, hey, it's good to take the money and run, but jeez So, you know, let's just take a look he got in from 40 dollars and 43 cents He got out seemingly at 39 43 or 39 44 You know, the thing is on this trade and mark knows this right and the reason I say that is because I do coaching with him on One-on-one. I talked to him that like every week pretty much and Like I know he knows this. This is a super thin trade ill liquid. It's like basically untradable, right? So man, this thing fell off a cliff, right? But you know what from the entry that he took to still nab a clean dollar on it in and you know we don't necessarily look for the scalp but in terms of Opportunity cost and how much you're making per hour on this trade. It's definitely a nice penny So, you know a nice trade from mark it ended up crashing a lot more after but I mean, hey This thing has been free falling from the morning You know for as much as it dropped it could squeeze up and with as ill liquid as the order book is here It's just too much of a gamble to try and like hold on as a serious trade You know, we should have made our days pay from the morning session and if you're just coming in right now Well, you know that the the next best time is not now. It's actually at 330 So it's a nice warm up trade from mark actually think he ended up just coming back to his desk right now So I think that may have been his first trade So we'll put this on our watch list here. It's just really thin. It's definitely a level five stock I would not recommend really many of us to be trading this at all And if you are trading this just given the price as well I would only look to do maybe like a tenth of your normal share size Probably a much better opportunity on lift Ended up snapping below 11 and ever since that was as clean as can be This is a much easier trade to anticipate a potential hold through just given how Tight the order book is the spread and how liquid it is altogether So you could see the 45 000 share iceberg on the bid at 10 60 You could see the 58 000 share iceberg on the bid at 10 50 right below that So yeah lift. I mean, hey, we have four stocks on our watch list all from the loser side and help Two of them are potential dead cap bounces So this could be a very interesting afternoon folks and speaking of dead cap bounces I mean, I don't know if you're looking at the the spy chart here. It's on my Five minute right now over the last five or so minutes getting actually a pretty nice bounce here Check in with some sideless stocks before we wrap up We got a couple more here on the loser side down big You got robin hood getting crushed today That one is not listening to the market and this bounce here so far So this one's still dropping off pretty nicely Mark look at that observation man You have definitely learned well and I see it in the profits Mark says spy back over the closing bell print very astute comment mark very nice Got this light trade four and a half million shares. Just wanted to look at it here briefly I knew for a more expensive stock. It'd be pretty thin All right. Where's coinbase coinbase is like Hiding somewhere here. There we go number 43 So coinbase just given the volatility. There's some news that came out with a crypto exchange ftx I got to look more into it actually but we ended up seeing coinbase follow the news down and ended up having a huge drop early on today Got smashed. I mean, this is getting pretty close to all time lows minute by minute even so with that I mean it just broke back below 50 made for a two point drop off And for right now, we'll definitely put this on our watch list. It is hard to borrow in trade station So just be careful there. I mean if it's you know, definitively hard to borrow then just move on to another trade But otherwise coinbase is a short just seeing if this could break lower Folks, there's definitely more that's down percentage wise. There's definitely more. That's even up percentage wise So I'll need your help if there's anything else anything else looking really good folks up down left right more than 5% Just type it in the chat board here. Just let me know Didn't mean to sound so blunt about political opinion earlier, but it is to say though that you know, it leads to a whole bunch of Blah blah blah blah blah blah blah on the chat board and we are here to make money, right? Jay Z. I got from benzinga pro and this is just a gamble here I mean, it's trying to squeak up, but if it was more liquid, I'd seriously consider it But I'll pass for right now The d-wack trade just going back to d-wack here pretty quickly. This just broke back over 26 and 26 13 I had a nice profit on this earlier just going into the afternoon It was right off the same level here that we just talked about from traders talk You saw me post these levels up actually before this meeting started and that was when I was in the trade So with that I ended up getting out But I want to see if this could look to squeeze back up And maybe first it could pull back towards 26 initially here one more time 26 26 13 and then for a potential squeeze up This is more speculative play and you know, honestly just given how ill liquid the order book is I'm almost like I don't like that. I thought it was going to be a little bit more Filled in I love d-wack because when it has good volume early in the morning It can make for some pretty clean moves off the volume levels Like you're talking about yesterday and we were talking about in traders talk even earlier today The opening bell print from this week from yesterday at 2240 that lets the huge run up yesterday This has been a fun stock to trade because it's been relatively predict predictable Uh, it's just got such thin volume though. So I'm actually you know what? I'm gonna pass on it Find some better stocks to trade perhaps That grwg I said I was going to get back to a couple that were on the side list So let me just go to a couple of those here folks grwg trying to move back up Actually right now there's a big 34 33 000 share order on the bid at 4 25 So I don't know if that just popped up there, but that's pretty nice to have Actually, I could tell you that just popped up I can literally tell you that just popped up because this broke below 4 23 4 25 here And then just over the last few minutes it pulled back above that price Well only after it pulled back above that price were you able to have an order show up on the bid So yeah, that just popped up that looks pretty nice to have So we'll put this grwg on our list I was calling out resistance off the vwap earlier off of 4 38 alongside the ctic trade This was another stock that I took a small loss on a minus 5 right from 4 39 right place But wrong time and I say right place because look what's happening now We're getting the bounce to move back up. So I don't mind taking a small loss. I mean You know if it's the right setup, but especially if I have the chance to get back in You know later on it may be right place wrong time at first So that seems to be the case here give it a little bit more time And I'd be interested maybe after three o'clock if this can make the re-break over that 4 38 vwap area What else we got we had neo on our side list that one's not doing a whole lot will pass on neo Groupon group on is doing a lot of things here. It's moving up from 840 up towards the highs All right group on will make the cut. We got a good list now folks. I like this Not a not a bad list. We got two four six Eight different stacks to work with in total Nice variety, you know a couple level one or twos out there a couple, you know more volatiles out there if anything I've had a question from one of us just inside the chat board and you know, I don't mind answering this right now Really briefly, you know, if anything just make sure if you are a trial member like nadine is or any one of us Otherwise just joining us here for the week. Please make sure that you talk to your education advisor They're kind of the middle person between you and Fausto You are myself inside our live trading room But question from Nadine asking like hey like how do you categorize these stocks? Like, you know, what's a level five stock for example, like You know as I call it so we categorize the stocks that we trade based off of volatility So we teach that throughout our classes the phase one stock course It's to say though that for a stock that has like a really Big spread ill liquid order book It's going to be more likely a level four or five stock as we would categorize it So, you know, there's other factors that come into that but we teach that in class All right from latest and keeping an eye on ncl each earnings today not five percent It was active from this morning though was active from this morning That was one that brian got like 70 cents on I remember So Yeah, it's already made its move later. It's already ran earlier. There's not much strength to this one right now I like nclh, you know, if it was at the highs I would definitely put it on our list All right, I got nothing from social media facebook live or youtube and that's all right by me folks I think that we pretty much touched upon them all One last look at benzinga pro before we wrap up I mean, there's one or two that are starting to rev up a little bit Just want to see what the chart looks like And there we go a rqq this thing is flying this thing definitely is a low float lower volume type of trade Meaning that you need to be extra careful on this stack even more above, you know, anything else we already have on our list so You know what I'll put this on our list, but Just be very careful on this trade very thin volume out there on level three It's already moved up pretty nicely so far So look to see this perhaps hold support over nine and then we'll see what happens a rqq And we got one more ftk That's up nine percent Same deal. It's like kind of wacky, you know thin volume out there outside of the big resistance up top at 150 I don't have a great need to put this on our main list just yet though All right, so that's going to do it for me folks for all of us in social media facebook live youtube Hey, just check out our youtube channel youtube.com forward slash cyber trading view We're going to be posting a couple of different videos across this week from our traders talk workshop A small little clip that we did from earlier today Otherwise though, we're going to be doing another video like I posted from the from last week In regards to trading a large cap stock like Shopify coming off the federate You know, we'll do a very similar style of video just on a separate topic Perhaps going into the end of this week into the weekend But otherwise though if you wanted to join our live trading room Just go right down to the link on the yellow banner below the stream just to get yourself signed up Any questions though email me josh at ctu trading dot com that goes of course for all of our members here inside Our live trading room just feel free to email me or private chat me here I'll be inside the trading room up until the market close I just private chat me any questions you have folks and I'll be more than happy to work with you on the side But rich will be on the mic coming up from three to four o'clock and then we'll go from there folks talk to you soon 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