 All right, good afternoon cyber traders. Welcome on back here this Halloween edition of the afternoon meeting October 31st Shortly after 2 30 p.m. Eastern time Let me get a quick sound check just to begin for all of us inside a lot trading room Let me know that you folks can hear me loud and clear great to see all of us back on social media as well Facebook live in YouTube Great to see our students of course at most Lita Dan Andre Mike I'm gonna be chatting with in just a bit look forward to that great to see Kevin Charles Michael Kathleen and actually while I'm doing this How about this a quick little word from our sponsor here this afternoon meeting? We got a sponsor this afternoon meeting No, I'm joking when I say that but honestly I want to give a big shout out to begin I don't have my webcam up. I'll try and show it tomorrow I'm actually recovering from a bit of an allergic reaction last week So that's been it's been a rough week, but I'm almost back to full health I feel great actually today, but this afternoon meeting is brought to us by one of our longtime students of ctu Johannes Cortland from Alpine, Texas Scoops Creamery he ended up sending me his specialized coffee that his company his wife and him end up making for his first company Scoops Creamery in Alpine, Texas I look forward to having this and I know that you folks can't see that right now But it smells great and I look forward to showing it to you perhaps tomorrow But I ended up getting that in the mail action Saturday. I was looking forward to at least mentioning that here today So enough about me though markets gone nowhere higher lows all day But we haven't had any real break of resistance. No higher high With that Nikola and KLA making a really nice squeeze up here today, you know this stock We've been talking about just a litany of these different trades that have been getting crushed over the last year Year maybe even and a half at times You know, there are some stocks that are breaking new all-time highs and have been as the markets have just began to you know Started to rebounce Rebound I should say you know Nikola here at least from midway of 2020 all the way to now hasn't done really much of anything aside from drop Up today just about 16 plus percent. It's at the highs right now. So right away as a day trade I'll put this on our watch list, you know, maybe this could be a continued squeeze up throughout the duration of the week Keyword there is maybe I wouldn't take that a swing trading advice, but as far as a day trade This is exactly where we would want to see a stock like this. So, you know, hopefully this has some really good legs for us here Going into the close All right, we had a stock that had some great legs for us earlier today Later actually just commenting now inside our live trading room on the Nikola mentioning that it has earnings on Thursday So I appreciate that later a lot of things happening this week this week and next week the week after perhaps even But you know Fed meeting coming tomorrow into Wednesday and then Nikola at least They're earnings Thursday, but you know son we ended up seeing this make a really sharp squeeze earlier this morning I'll tell you I could be kicking myself right now for missing this trade You know, we ended up seeing it ran up earlier today from 130 ish 140 ish up towards just about 175 and then pulled back down But throughout the morning it was breaking above resistance off 170 And I was on a call with one of our students on a coaching session and you know We turned over to this trade as it was beginning to test the highs So we say like, you know, let's look to see if there's anything on book map any big levels and at the time There was something a little tiny guy at 170 here And I wasn't as convinced of that acting as support at the time or at least initially You know, perhaps to see some consolidation longer than this. Well, unfortunately, this ran without me This ended up running all the way over to all the way up to a high of the day roughly off that 250 level You know broke higher than that earlier, but um, yeah right now son This is where I want to jump back to the daily chart here because if you look at the volume this stock trades on a day to day It's very low very light normally so You know, I don't have the float or any of that information on me right now Actually, I can if you can spare me a couple minutes like a couple seconds I could probably get that for you But nonetheless, I feel like this stock just trading near 88 million shares right now is going to be pretty exhausted Sun float 4.87 million that's Pretty low compared to the amount of volume it's trading right now So this could be really boomer bust meaning that I feel more likely than not that this will break this trend off the lows And really come down hard to two So I'll put this on our side list. I'll come back to it by the end of it all But between the low float and the high volume total here, you know, it's kind of sticking in there, but We'll come back to this just to make sure All right. Well, the stock that we are pretty sure right away on a DCOR the question that you might want to ask is though, you know Is how much more does this have left in it before we see a you know a top a head fake or anything like that? It's moved up really well across the last 30 to 40 minutes since 2 o'clock pretty much But you know just thinking about that it's moved from what like 82 cents up to 107 109 That's a huge move percentage wise in its own right So, you know, it's actually moved up higher from you know the morning But yeah, I mean this stock right now looks really strong We'll put this on our list for right now just be careful of a top here Perhaps off that 110 and then for it to maybe come back down a little bit before perhaps pops higher Stock we did well with from earlier this morning the e fsh You know really from the market open shortly afterwards ended up popping pretty nicely ended up running from like 270 up towards 350 and higher But ended up coming right back down off the initial test of 350 You know, this was a trade unfortunately I ended up wasting a good portion of my profit on I ended up getting a few pennies at most on this So, you know, I wanted this to really begin to run higher off of well I was in from 329 330 and you know had it But then once it came back under 350. That's a huge red flag ginormous red flag So from that point I was like, oh, this is pretty much done with so, you know, I stayed away from this trade since thankfully so But pretty unfortunate that this didn't make the continued move up higher from where we wanted it Right there is looking really good Pushed up higher and then we had the false break All right, this one was moving up earlier. I'll check in on it now the atnm stock More from the mid morning popped off of consolidation from 10 50 10 70 ish And ran up really well after that the order of book doesn't look too Appetizing in a sense meaning it's like kind of a bit of a spread And thin volume on both the bit in the asks So you got to be really careful on this type of trade very volatile and dangerous Uh, you know, it's at the highs right now So it's hard for us to not put this on our main watch list today for this afternoon Just be careful though, like I'd said this stock looks like it's had a bunch of different reverse stock splits in the past I doubt that this was a 450 stock from 2014 So probably factoring in a couple of different reverse stock splits in between there That leads me to say that it's going to be a pop and drop type of stock You don't want to be caught on the wrong side of this trade So, you know, if you're like a new student level one or two student here, that's okay But if you are don't look to trade this one If anything, it looks like there's been a bit of a top roughly around 1250 1240 ish You know, it broke over it on a few different instances here on the weekly But you know, just with this breaking above it pretty sharply this morning Perhaps that could be a bit of a support level for this trade on the intraday You know, maybe even here it may have done that hold and squeeze All right, let's see what else we got here otherwise now We'll jump to the pot stocks right now CGC and we'll also check out Tilray TLR Y And you know, if there's anything that looks really good with the pot stocks Otherwise, we'll we'll check it out But you know, there was some news that came out in terms of like the the pot sector some news with legalization So I'm just getting the headline from 1130 eastern time Shares of cannabis companies are trading higher after the senate majority leader Chuck Schumer Said congress is quote unquote very close to passing a marijuana banking and expungements bill Here's the thing on Reading that headline, right? And this is where like if this runs as a swing trade without me I don't care because there's so many other fish out there in the sea to try and swing trade with this market In terms of a day trade Any time there's been news out like the last year and a half two years with the pot stocks and potential legalization You know, it's a great headline that comes out But we don't get that big reaction that we wanted, you know, afterwards, you know We see these stocks back from 2018 time may have been like, you know, four years to this point But back from 2018 Tilray ended up going from 25 up to 250 and above near 300 And this was an actual move that that wasn't like a based off a reverse stock split That was a real move that a lot of us inside our live trading room here live Ended up catching back then so with that said You know, if this stock could make a fraction of the type of run it made for us back then it would be a Huge success, right? So that's always been our mentality on the pot stocks anytime there's been like, you know, a good headline out there towards the sector and legalization But you know, you could see even back from 2021 had a nice run then came back down So you're not trying to swing trade this But if a headline comes out then perhaps that could lead to some big short covering And that could lead to a nice rally into the close here. So, you know, tilray, I'll put on our watch list here Cgc same thing I'm not going to add every pot stock folks. So those are the two that are, you know, trading the most volume that looked the best Gas etf boil with cold down big today. Um, g and boil both up big You know a big percentage wise boils a little bit more expensive if you're looking to trade the gas You know sectors and the etfs there I would follow ung and cold if anything, but i'm not going to put any of them on the main list for right now Now with that said you might get a couple of energy stocks oil and energy stocks making a nice squeeze here You could see nine back from the beginning of this year had a huge pop and yeah granted it dropped off You know, the last few weeks, I didn't even realize this until now This has been on on a huge tear INDO a stock that ran with nine back then as is not really looking too great The en sv will look at this another stock that ran with those back then You know en sv doesn't look terrible Relatively liquid. It's up. You know damn you're 23 percent. So I'll put en sv on our list why not The nine trade I'll also put on our list. Why not? All right, let's see what else is out there if there's any any of the other oil or energy stocks or maybe gas stocks related Let me know in the chat board. Just type it in there. I'm sure I'll run into a couple more here as we round off the gainer side Spy trying to trend up off the lows now, you know higher lows, but lower highs heading into this meeting So we were looking for a pattern to build a nice, you know trend to build at least you're taking us into the afternoon So this is nice to have so far When had a nice push earlier this morning, I'm assuming off of earnings. I didn't check the news on this myself, but GRWG another pot stock just the others are looking a lot better though TAL, you know Fausto has been a fan of these stocks more as a day trade of late, but um You know it's at the highs a little slow though Not trading a whole lot of volume per minute like it normally or like we've normally seen it All right, let's hop over to the loser side here folks I mean we have a decent list as is and if we're expecting a bit of a push taking us into into the close Then, you know, we'll see what we find here on the loser side, but I so far I wouldn't expect to see a whole lot Got this y m a b Geez this thing has been getting hammered from the end of last week into today breaking 52 week lows at least All-time lows at that all-time lows on this stock here today Y m a b it's it's shortable on my platform on trade station Not really treating a whole lot of volume per minute though That's like the thing that skis me away from this trade But it's at all-time lows and it's shortable and it's liquid. So that part You know, I I am a fan of it's just not treating a lot of volume actively per minute. So Yeah, I'll slip this on our list on the back ends y m a b Tsp another stock breaking all-time lows at least this month if not even this morning, but a lot more flat right now There's natural gas etf cold. So that down big when ung is up and boil up Did what coinbase has taken a huge hit earlier today? Looks like it flattened out a little bit now But from the morning a lot of different, you know crypto stocks took a bit of a hit today You know coin Mara riot, you know, all those ended up dropping off steadily today. Unfortunately, you can't short many of them aside from coinbase Yeah meta down over another 5% right now try to bounce from like 92 50 ish If you're into the more expensive stocks, then I'm sure that you'll be more more inclined to follow this or a coinbase perhaps Dash not much happening there down over 6% though. Just wanted to look at the chart All right, folks, let me know what you got for me here If there's anything else up big down big that I may have missed type it in the chat board. Just let me know Got a few stocks making a big move down right now But there's they're hard to borrow can't short them like each tcr H-o-t-h not a whole lot happening there Did I mention a n TM I did I did cover that one already But I appreciate the shout because that's up big at the highs So still working off that trend there You know look to see if perhaps like a 1250 ish 1242 like we talked about from the weekly chart as we had it up You know, perhaps that could be a bit of a support taking us into the afternoon All right, folks, so I'll tell you what I think that we're going to call it for right now I have sun on the side list. I was going to get back to sun. I think at the end s onn I don't know you tell me it feels like we're on the top of the roller coaster about a dive down 80 miles per hour So for right now I'm going to pass on sun if it ends up making a pop from this point if it ends up breaking back over The 44 000 share order at 249 and above 250 Then we'll be there to call it out. So for all of us in social media facebook live youtube You know, hey, we're always wrong at times, right? But you know, this doesn't look too good this trade if it ends up making a pop myself Rich and our students like wendy and michael and lita and cal and all of us inside the chapel We'll look to work together as a team if it ends up making that push back up for us to then try and anticipate a continued move So if you wanted to join us inside our live trading room to continue the audio commentary and see what we're all about With our callouts inside our chat board Just go right down to the link on the yellow banner below on the stream right there to get yourself started Otherwise, so if you had any other questions prior to joining us Always feel free to send over a quick email josh at ctu trading.com is my email address Always like to post that at the end here too. All right for all of us in uh inside the live trading room at least Like I said, you'll have rich on the mic from three to four I'll be on a coaching called one of our students and we'll see if there's anything that we could look to follow Collectively here taking us into the close. I'll chat chat with you folks 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