 All right folks welcome on back here this Thursday August 26th shortly after 2 30 p.m. Eastern time My tongue is not tied here this afternoon great to see all of our students live inside cybergroup including Andrea William later I got all of our students right above them I see Michael Wendy Tony Ray Franny and all of us otherwise great to see you all and all of us joining us in social Media Facebook live and YouTube welcome on back. So I ended up refilling up on water as you can imagine you're heading into this meeting I was tripped up at least in the morning covering for Fausto. So heading into this afternoon so far Hey, SGOC so far pushing up pretty nicely, you know $8 75 cent dollars stock end up breaking over Actually the highs across the last week including the run that we caught back from I think that was Thursday or Friday last week So to wrap up the week last week. We end up seeing the stock make a pretty nice pop Back on the 18th ended up popping from the from like 432 all the way up towards just about 823 So you know I bring that up simply just to say if we could even see the stock make a fraction of the move that this Stock made a week ago. We'll be really happy right so you know to say that the stock ended up doing even better So right now pushing back on up towards 9. You have a 19 20,000 share order on the ask sitting not at 9 But actually at 896 I would still assume 9 to be the bigger level so far But either way we're just gonna start by putting the SGOC on our list here Maybe back on it on back on our list. I should rather said all right So aside from that though I gotta say we did really well from this morning the stocks that we had on the pre-market watch list You know most of them we ended up trading all throughout the pre-market You know from the stocks that we had on the morning watch list I'll be honest most of the stocks that we ended up putting on the list ended up hitting pretty nicely in one way or another So let's recap at least everything that we called out and then from there We'll go from top to bottom the I and O trade not doing much right now for us actually a better short than a long But ended up as you could see making a nice pop after 9 30 You know the stock was coming off of phase 3 news for their COVID COVID vaccine So they had a couple of more tests to do but the headline looked pretty positive pretty good and with that We ended up seeing a nice pop after the open at least from 9 towards 9 15 above You know came back down after and the stock actually is shortable So it did crap out the other way and it was a good short for right now though heading into this close It's just trading very light volume per minute. It's just washed up now Speaking of washed up. Jeez what happened a ride here, right? The stock ended up making as good of a move up as we would want but man ended up dropping off similar to the I and O And I ended up doing really well on this stock. No pun intended But you know ended up holding support right off the opening bell print you could see here I'll zoom in in a second, but at a 665 that was the opening bell print price and with that in mind I saw the stock take off without me at first when it pulled back down it broke below it popped back above it I was in from 669 Ended up riding it up at first and then I got tripped up at first. I took 10 cents I ended up losing 8 cents because I tried shorting it. It got choppy I didn't think it was going to be as choppy as it was here So, you know, I wish I could say hold on the whole way through Thankfully, I made up for it ended up jumping back in as along at 687 ran it up pretty nice I got out on half my position at 703 that doesn't sound so good I ended up getting out on the second half of that position at 777 so no two pennies off right from the high Ended up dropping back down and again was as good of a short as it was along for the most part, right? So, you know for right now heading into this afternoon after afternoon not doing as much But I always bring this up folks, you know It sounds funny when I say it but when a stock craps out the other way when it reverses, you know for the most part if it is shortable It's not just, you know, just shorting and expecting it to drop You got to look for this the trend to break for support to break perhaps more than anything So I know you know, I ended up jumping in on the short a couple of times Michael One of our students got about like, you know, 45 50 cents and maybe even more I don't want a short change him on his trade But he did pretty well on the short on ride earlier today as well So yeah, I mean the stock has been on her side list But I was very emphatic about trading this going into the open just given that we are pretty familiar with the stock You know, a lot of us have traded the stock on and off or on and off in the past. So All right, so that brings me now to the SPRT trade So, you know, as you could see this one ended up making yet another push up I really didn't jump in on this as much up until the early parts the afternoon I was in this trade all from 16 and then now I've been in and out a couple of times You know very actually break even so choppy, but I was it was holding support not even a 17 bucks But we ended up seeing a smart money print get filled right off 16 95 I forgot the size the transaction off the top of the head right now. I apologize on that It is a 33,000 share print filled at 16 95 that doesn't seem that big But in relation to the rest of the volume that's been filled on the time in sales That one print is the biggest we've had since the opening bell print So, you know with it right now actually pulling back below that price or dancing around it It's not breaking higher folks Say it all the time Right, it's not breaking higher. There's only one other way the stock is gonna go So I even said that right as we started the meeting I typed that in the trading room 226 it's my last post before I pressed start here, but I said if 16 95 breaks his support on SPRT I'm expecting a big drop Right here is when it ended up breaking it led to a big drop right out the gate, but it's recovered But you know if it ends up beginning to slump off if it's not gonna pop tick tock, right? I mean sooner than later this thing's got to go So we still have an hour plus left of that close to an hour and a half left of time left, but here It's in a very do or die state here for me because you know We saw the stock break out from what a week and a half ago two weeks ago again We talked about it from like eight fifty nine bucks You know we get spoiled at times by seeing stocks make a hundred percent move a hundred fifty percent move in the In the course of a day, but the stock has been on a huge tear, right? Don't don't take that for granted so for right now It's got to really begin to go in my opinion this SPRT trade, you know if it ends up popping here I was led to believe that there was a pretty good chance that we'll see 18 today We did really well on this trade going into this app going into yesterday afternoon in class So hopefully the hopefully history repeats itself All right Tom one of our gold students here. He ended up jumping in on the SGOC trade He was in at 227 Eastern out at 220 not 229 Let me just jump back to that quick at 28 cents in two minutes. Jeez. That's a nice catch Tom He was in from $8.56 cents out at 885 Really nice job All right, cool. So I'll tell you folks. We did really well across the morning I only went over three of the stocks that were on the morning list that we did pretty well on Don't forget about the SLQT trade the stock doesn't really seem to be looking that great now But it actually provided as a huge short once the market opened up Stock was breaking all-time lows going into the market open So that's what I was more harping on than anything else, you know So with there being no historical bottom it allowed the stock a much greater chance or opportunity to break lower All right All right, so I'll tell you what that SPRT trades dropping off right now But I got this up on another screen that you can't see I'm setting up an order right now to buy it If and only if it could pop over 17. It doesn't do that I'm not touching it. Just letting you folks know but yeah SPRT on our list SGOC on our list this For right now, it's not doing a whole lot I mean looks like there was a bit of a volume spike after 130 or right at right before 130 here So if it ends up beginning to pull back more, you know, I'll reconsider it But you know for right now, we'll keep it on the side All right, so folks what we'll do is go from top to bottom the GS and G trade was on the list It was on the morning list, but you know, I was a little reluctant with it You know with the stock it's one that we're not really as familiar with but I say that because you know, unless it's a new IPO The stock there's a reason why we haven't really traded it over the months or years You know, it's likely either trading a very low volume per minute Or there just isn't a whole lot of news out on it to pump the stock up and with that We ended up seeing some news come out this morning, but once the market opened up Stock dropped off. It led to a bounce a little bit of a bounce here But we were waiting for two so I didn't catch it led to a nice squeeze at the time So I hope a couple of us were able to jump in on it But yeah, right now this stock is doing nothing for us here I was hoping for the bounce from two and I didn't get it So here I'm not expecting the bounce and then the pop all the way back up to 240 250 and beyond So, you know, this one's done for right now. All right, so we keep it going Got a bunch of unfamiliar names here, I don't know why I clicked on this during 92,000 shares across the day All right, let's see what else you got here too cheap too expensive SPRT is already on our list and tanking Bysi is a familiar name and I guess this stock is broken higher from where it was back a few weeks ago So going back into the beginning of this month the stock had ended up making a huge run for us. Actually How about this? Well, let's go back in time a little bit. I got a little time myself So let's take a look back on what happens on August 4th because I bring this up to you This stock Bysi was up 342% in pre-market trading this morning on August 4th The stock was easy to borrow. Believe it or not this stock up 314 plus percent or whatever, you know, the hell it was it was Shortable is easy to borrow now, you know in pre-market that is a really dangerous Trade you do not really want to do that. So it's to say I didn't take this myself folks I was gunning for it. I was hoping that this was holding where it was here going into nine o'clock It did not it dropped off and it would have made a hell of a short It just moved without me unfortunately So, you know, hey history can repeat itself here But for right now this stock is actually above the highs that we had back from August 4th right above 30 30-01 back on August 6th. Just a penny above that it popped. But let's go back to today's chart No, that's the future chart. There we go Yeah, for right now, I guess in the meantime popping and dropping from that high here, you know, already back below 30 I don't know. It has a very thin order book. So either way. I'm not too keen or particular about putting this on our main list It's interesting to see it above the highs at least for right now. And I think that could be all-time highs Let me double-check on that that would peak my interest more perhaps. Nope. I guess I guess not just yet I don't know BYSI but dropping off either way from third from 30. Oh Yeah, it's gonna say we're gonna go over Bitcoin today, but today's not Friday. It's Thursday It feels like a Friday here in the cyber group room Let's see what else we got here in the meantime though. We'll get to Bitcoin tomorrow, of course right now It's pulling back. So it's not as if I don't want to show it It's just the fact that finally Bitcoin's dropping and I was saying it was gonna drop for like a week or two now So I'm not surprised. I'm not gonna add more now at this point, but we'll talk about that tomorrow morning A EHR not much going on there the Cody stack ended up making a pop early on but died off since VRPX former runner and a jump back to my monthly chart switch that back to a daily All right, let's jump over to the losers list. Actually, that's a weekly jump that back here There we go Top over to the losers list in the meantime the SOQ TT the SLQT trade geez tongue twister Still still moving sideways right now. Not much going on there The stock ysg I didn't put on the main list But it also did drop off pretty nicely breaking all-time lows today, but it's also pretty flat here in the meantime Abacromion Fitch shortable at least not much going on though. All right, I'll tell you what folks I know where this is going So, you know, I'll check out Nordstrom here to wrap it up But if there's anything else that you see that's up down left right more than 5% type it in the chat boards type it in social media Facebook live or YouTube and otherwise let me know Chicken in on YouTube right now T cat. How about that T cat? We got one of us on YouTube He was in from or perhaps she they were in from 1120 out at 1348 this morning And that they were in on the SLQT SLQT trade at 804 are you in long or short on that one from 804? Yes, I'll keep T trade Assuming long he says he to correct me there. I always like to make sure It's 2021 now it is. All right, we got from RJ F He got 50 cents on on T cat in at 11 very nice On YouTube a couple of our YouTube attendees here. Did I cover the JWN stock from David? I did it just didn't really seem like it was going anywhere. I guess like close to the lows Boy, I don't know for $28 stock, right? We talked about that yesterday in class I put it on the list yesterday from not mistaken, but I don't know didn't really make for as Big of a drop as we were hoping for that's all Just post-pola going anywhere from later It was very spotty up until 230 so even if it does push up afterwards I'm not gonna put it on our list just yet. If it does pop will call it out I'm sure we'll find it again, but right now I'd rather pass on it the SPR T trade I mean for right now will keep this on our list, but I Told you if it were to break over seven I would jump in if right it did not since I had said that so you know right now It's just dumping off. I'm not gonna jump into this trade unless it gives me the opportunity We're gonna keep our eyes on this trade though in the meantime Just given how frequent this stock is you know run up for us over the last week. All right folks That's gonna be it for me here. You got me back tomorrow morning I believe Fausto will be out of the office again for Friday, and then he'll be back I believe on Monday, but otherwise I'll let you know officially but Tom once again getting on getting in on the SGOC trade Tom be live inside our cyber group room You got 19 cents just now in from 850 and added 869 really nice entry and exit there Tom Really nice exit more than anything I'd say great job getting out you can get right back in if it gives you the chance and just reset All right folks nice. Alright, so for all of us in social media Facebook live YouTube YouTube Facebook live has always I'll probably trip that up But I appreciate you folks sticking with me each and every day and especially the whole day today But I look forward to catching back with you folks tomorrow morning if you have any other questions Please please be sure to send it right over to my email address my email right there My name is Josh Leviton Josh at c2 trading calm I'll be more than happy to answer any questions questions that you folks have Otherwise if you don't have any questions, and if you're ready to join us live inside our trading room Feel more than free to do so by going right down to the link on the banner below just to get yourself started All right. I feel like I'm tripping my tongue up here a little bit I got a reef refill up on the water here before we heading and head into the afternoon folks I'll talk to you all inside the live trading room pretty shortly from right from right now cheese the take care