 All right, good afternoon cyber traders and welcome on back here at top of the month might I say to all of us live You're joining us here this Wednesday December 1st shortly after 2 30 p.m. Eastern time and welcome on back for our afternoon meeting Great to see all of our students to which I am blocking the chat board myself right there great to see Norman Great to see Michael great to see Kathleen and all of us joining us live right now Welcome on back and of course if you're joining us on social media Facebook live or YouTube likewise welcome on back to you as Well, so great to see Alex Ron Gary Patrick still joining us here. Aloha as well So let's hop right into the thick of it a hi number two on the percent gainers list right now But man, this is making like a real choppy like volatile move up Doesn't mean that it's gonna make for a great trade across this after afternoon But I'll tell you it's holding pretty strong So long as it holds like actually right here and then starts to get going right now Then I think that this could be a nice little trade perhaps if we could break above resistance So for right now a hi I'll put this on the main list to begin Hopefully becomes a lot easier of a trade at least across the next 90 minutes from right now But we do have class on the horizon folks at 305 Eastern time. We'll be finishing up the phase two stock course Today is also Wednesday, so I'll chirp a little bit about Bitcoin at the end But let's rip it right from top to bottom Let's see what else can make the afternoon watch list alongside this a hi And again, of course for any of the other big movers that we called out Did well on traded at least like a b us. We'll give a brief analysis So a b us man, this one took me by surprise There was a couple of stocks that took me by surprise today But here's what I mean and really it's just to say This a b us trade popped after nine o'clock. It was moving up nicely into the open That's not the surprising part The fact it was moving up leading into the open is more of an encouraging thing to see this type of run up later on but Man, this took a while to get going. So the longer this took to get going. I lost confidence in The eventual run. So right when we finished up class at 1130 1140 Eastern time Uh, ended up jumping back to the cyber group room and this stock was beginning to make its push at that time So really the the levels that I wanted to go over were basically the 50 cent levels and whole numbers here 450 at first but really from that point five Once it truly broke above the resistance at five here I guess it took one little shape a man. It took off from that point 550 next big level above from that from that point there Same thing happened a couple of shakes, but it held direction made another pop and from that point took off beautifully Now the same wasn't to be said at six It started to get real choppy and hairy around six. It made this big break below six support It's been holding underneath that price. I mean pretty much since And right now it's only dropped off this stock was actually easy to borrow earlier And it was easy to borrow when it was beginning to pull back here I came back from a coaching session I was trying to go over this trade with one of our students and I came back to it and then I realized Well, I guess trade station made it hard to borrow. They made it a limited inventory to try and short But for right now at least given its volatility I'll come back to this stock at the end Perhaps if we could see this begin to build off of five a little bit more Maybe the rundown will stop perhaps we'll have one more push up For the hundred or for the 274 plus million shares this stock is trading At a minimum. I am thinking that this will be more exhausted than anything else All right, so let's keep it going. We'll come back to this like I'd said if we need to The op trade geez this is a wacky one also new ipo from yesterday and It was like all over the map yesterday. I think he got halted like four or five separate times Up and down left and right. I mean more than four or five you could see here But nonetheless, I mean this pushed up a lot higher in the morning. So or in the morning in pre-market So I was hopeful I was hopeful to see this begin to you know find a bottom begin to make a nice bounce back up You know likewise with the ahi stock. This was just extremely choppy. I mean, it's hard to borrow So you can't short it obviously, but it's to say that this stock didn't really provide any sort of bounce opportunity for us You know maybe off of eight the level I was looking at early in pre-market and it was a ways away at the time But seven bucks I was expecting this stock to find the bottom off of seven And perhaps at that stage begin to make a squeeze up. Uh, is it possible it could do that in the next 86 minutes Maybe you know, it's got a drop down to seven first break under seven then right back then right back above You know, I want to see if there's others that are looking better right now at the time compared to this op stock Build a bear workshop. I don't know what the hell's going on here. Maybe earnings, but also just given the move It's pretty choppy for a $22 trade. I'm going to pass on this. I don't know. I mean, it's up big But that's not the only criteria that we look for at this time of the day So we'll keep it going see what else is out there another new IPO and I guess now making a big drop big shake the beat trade here I ended up coming out Off its IPO on november 11th 11 11 and I guess today ended up making a big pop up I was hoping to see this stock closer to its highs at this time right now. So I don't know kind of reluctant on this one too This one I think we already looked at quickly. Uh, cntx was the other one that took me by surprise This one here. Uh, it was on our watch list mind you going into the market open But like the abus trade this one popped It dropped and this was all before the market opened up Whereas abus at least ran back up prior to the open when you see a stock make this like pump and dump type of move Pop and drop whatever you may call it You really don't expect it to make an extended run all the way up higher later on You know going especially going into like normally slow time of the day lunch time late morning early afternoon So once I saw this begin to break its hod, I was totally thrown off wasn't expecting it I guess you could say I missed out on a decent run But didn't didn't miss out for too long because the volume died off. This thing was a train wreck after Cntx not doing much right now that we would want So we'll see if there's anything else looking better That's like a chop fest right now st. R. N. I guess it broke a high earlier, but just pretty sluggish choppy SRTS st. R. N. S. L. H. G. S. D. I. G. You got a bunch of s's right here in tandem Uh, I saw this tom's trade called out earlier and right now Toms is pretty close to its regular session high the day off 210 I mean it just practically double top there. It's making an ugly shake back down right now You know, I'll put this on our list. This one will make the cut for right now But I think I I'd said this yes yesterday on a stock that made the list Because once I finished up it unfortunately ended up tanking and breaking down and wasn't good It's to say hey, this is on our list for now If this ends up completely tanking and going the other way then I would just You know take it off the list at that point. So, you know for right now it makes the cut We'll see otherwise afterwards. Uh, the IMGN trade Hey, this one definitely took me took me by surprise too The news that came out yesterday afternoon on this trade was a common stock or direct stock offering Normally when that news comes out the stock doesn't make this complete reversal and spike up even higher the next day especially not within like The moments after the market opens up. So this one was like a missile took off pretty nicely topped off right around 750 ish You know broke above it by a hair and came back down Right now I feel like this stock is just more of a sideless stock than anything It's like trying to squeak back up here a bit, but Nothing really it's right home about so far All right, I gotta make sure we go quick for class right in times 238. I feel like I'm doing good on time But let's see what else is out there. Uh v tnr not much there This is v. Oh no, I had my traders dyslexia I was thinking vxrt not vrtx For any one of us in the cyber room that could be a nice little inside joke Uh, all right, let's see what else is on the loser side here Seeing if there's anything looking just as a volatile or just as good if not better The bysi is the first thing of course will jump to down just about 59 percent Stock ended up getting hammered in pre market. Uh after the market opened up Hey provided another short opportunity for us. The stock was not hard to borrow. It was easy to borrow So and and I say that even going into the mid-afternoon here once it broke down below the 550 support This thing just dropped off further, right? So, you know, hey it dropped all the way down towards a low here at the time What is that like 480 479 the low, you know trying to make a sweet backup for right now So this is tradable in both directions I mean, hey, this might make a lower high snap back down and keep dropping If it doesn't if it holds support here and namely above five Then perhaps I mean for as much as this drop perhaps there's a chance we could see this make a dead cat bounce again So, um, yeah, put this on our list the bysi Ctic shortable. I don't know not really moving too fast See if there's anything looking just as good Hey, the market's dropped off quite a bit today folks or pulled back down I should rather say so, you know, there could be a stock or two that's down big on the loser side here Familiar name. I don't really see any so far Uh nk tx nah not much going on there All right, let me check out the cybergroup room quick. I'll check youtube pretty quick I'll chirp about bitcoin for a bit and then we'll call it. So norman says sppi is a slow grind It is it's on a nice trend though, and it's got a liquid order book, you know tight spread I like that This seems like a steadier less choppier trade compared to the ahi Compared to the build a bear workshop trade. So I like this. Good call spp I for right now at least I'll put that on our main list Uh, and then you dea saying inside cyber group that vbi v just broke 3 18 I don't know not really offering us up too much right there You know for the amount of volume this stock traded today Comparative to what it trades on a day-to-day basis like prior to today I think this is pretty exhausted of a move Again, you could say the same exact thing on the abus stock you really can And you know, I said I'd come back to this at the end of this meeting, you know So I didn't fully commit to it, you know, hey if it's hard to borrow and if you can't short it It just seems like it's just going to continue to drop. So I don't know I'm pretty reluctant on putting this on our main list for right now Granted maybe at 3 15 in the afternoon if this holds here and that makes another pop-up defy Maybe at that point you can call it out, but I think I'm going to pass here so far All right, so I think that we're good to go across both ends on social media And in the cyber group room really quick, I'll bring up bitcoin not a whole lot really has happened across the last 48 hours Since I last talked about it. Here's my one hour chart I like to show a one hour and a six hour mainly and then otherwise I'll do like, you know Daily weekly monthly when needed. So, you know, it's just to say from the last time that we checked in on bitcoin Just a chop fest up and down in between my 500 and my 200 EMAs here on the hour graph. Let me jump to the six hour chart here Otherwise, and this is where we were most kind of watching bitcoin recently kind of seeing seeing it hold perfectly above the 500 EMA on my six hour alongside this just straight trend line that was holding really well So that was a pretty good buying opportunity I'd mention to you folks that I don't think that we're going to be as likely to see this big elaborate pop-up right out The gate unless if news comes out Haven't had news come out. So, you know, it's been a slow grind and a push back up It seems the part that I can comment on though with crypto and I, you know, really go into the others outside of, you know bitcoin, ethereum, cardano You know, if you want me to talk about solana, you know, I could do that But it's just to say ethereum take a look at this, you know, ethereum is making a huge climb back up over the last Two to three days. Again, this is a six hour graph So practically across the last two to three days Ethereum's been on a huge run ready to test all time highs again. So that's a pretty encouraging sign for bitcoin, I believe You know, if the whole market of bitcoin was going to crash the whole market going to crash ethereum I think would have went with it So, you know, it might take a little bit longer on bitcoin, but this is a pretty encouraging sign seeing the retracement back up on ethereum All right, we're checking on some, you know, bitcoin stocks, I guess Otherwise, we're not going to put them on our main list right ended up taking a big hit today More so moving with, you know, it looks like the spy the s&p otherwise and the major indices collectively Take a look at mara my btbt trade, which I'm still swinging right now I haven't added more shares to my position and I definitely want to but Haven't done so yet. Maybe I'll do that by the end of the day today or perhaps tomorrow morning. We'll see All right, folks If there's anything else that you got from me up down left right more than 5% type it in the chat board Making pretty good use of time though. Otherwise, we got class to wrap up later on today Or I should say coming up at 305 eastern time phase two lesson number four Very intricate class very important class at the same time setting stops and taking profits So a very large live market based class where we'll have a better chance to break down setting stops managing trades Using stops to even enter a trade perhaps. We'll talk a little bit about that too All right going once going twice going thrice. I don't have any anything else And I think that's good. We don't need to force any stocks on our watch list If I touched upon them all then that's that's good I think we did a good job then and then of course Hey, once I finish up this audio broadcast at three o'clock namely when rich jumps back on the mic when he rescans the market Himself at that stage then we'll look to see if there's other movers outside of this list Um, and let's see if we can capitalize on all right for all of us not joining class Best of luck trading going into the market clues for all of us joining me in class. I'll talk to you in just about 20 minutes Take care