 All right, what's up, separate traders? Welcome on back here this Monday, August 7th. Great to see Stacy with us here, watching Riot, great to see Michael here, watching GoGo and perhaps the rest of our students rejoining us here, Rod Grant. So just a moment ago earlier, great to see them, great to see Ryan, great to see you joining us back, perhaps otherwise on social media, Facebook Live, LinkedIn, Twitter, YouTube, et cetera, all of us here collectively here this afternoon. So with that in mind, I'll tell ya, it's been actually a pretty eventful Monday, although whereas I zoom in on the five minute chart here, you'll see the spy graph just on the bottom of my five minute chart. Markets have, you know, I guess kind of crawled up, but utterly have gone nowhere otherwise. It's really been a lackluster day. So, you know, in terms of the market, I should say at least, but we've had a couple of nice runners from the beginning. Of course, Fausto is all over the VTGM as he was doing the morning meeting that exploded all the way up to 26 bucks, well over 26, my apologies there. I think that spiked up to like 56 bucks before coming back down, it kind of rounded off at like 26 ish there before right back down. So, you know, obviously now VTGM, definitely a dead trade, if you couldn't short it by any measures, we can't really do that, I feel, but you know, hey, it was this, it was the PRZO actually just earlier before this in pre-market. We had the SVFD trade, the BSFC, you know, just before we had a couple of great runners. So, a couple of nice trades to go about, and then even now, the Sage going into the afternoon, looking to see this drop off lower. You know, one of our students, Mark, is killing it on this trade. He was in earlier from pre-market, just chatted him a moment ago. Just, we were calling it out recently off of 1730. It held pretty nicely as resistance. So, I mean, hey, either way, this stock here, if anything, we're gonna put on our watch list just to begin. Sage, it's a stock that's down over 50% still going into the afternoon. So, you might think, well, you know, it's gotta be exhausted. We're gonna see this squeeze back up at some point, right? Not always. And, you know, normally for a stock, this down percentage-wise, typically it's a cheaper stock. Typically it's like a smaller cap pharma that's down off of news of its own. And, you know, I think the news that came out on this earlier, if I could actually jump to Benzinga here. Sage Therapeutic shares trading lower. The company announced FDA issued a complete response letter for the new drug application. Obviously it didn't really seem to be in favor of them, I'd imagine. So, yeah, I mean, that's what led to the overnight drop-off into the pre-market this morning, but A, it's easy to borrow my platform, meaning it's shortable, right? And double-check on your platform too. If it's hard to borrow for you, and just double-check to see if you can get the shares. So, if you can't short it, there's other stocks out there. I'm just speaking to those that can short it. Well, you might ask, well, how much lower could it go? Well, take a look at the daily chart. $16.97, yeah, it has a little ways room to drop a little bit lower there. So, as far as like all-time lows, ooh, I didn't even notice this part until right now live. This is getting a little live reaction here from myself. So, yeah, this thing definitely is at all-time lows. Wow, all right. So, even further, more of a reason to follow this as a potential short. Now, as we do this meeting, if this ends up blasting back over 17, if it flips 1730 back into support, then the odds of this making a dead cap bounce higher, it increases, of course. Then you could try and look for a short squeeze. But for right now, let's see if this can continue on the way down as we were from earlier. All right, so let's jump back to VTGN here, stock from earlier today. This one, more so, we'll cover in Trader's Talk. I'm gonna delete these lines here, these Fibre Tracement lines, but more over from pre-market, this thing just exploded. Fausto is about to begin the meeting here, and of course, it was looking good at the time, but out of nowhere, he just had this big $2 candle from five up to seven plus, and I had to chat him right away. He was on a different trade, just going over something else very nice as well, but I was like, go back to VTGN ASAP instantly. When he sees that message from me mid-meeting, I never wanted to distract the guy, so he sees that in the chest. All right, let me jump back to this thing, and instantly just completely exploded, continued to before the market had opened up upwards of like 56 near 60 bucks. Hey, if you ended up holding on all the way through there, congrats, he hit the lotto. To even see this go from five up to 10 is a huge stretch. So what a historic pop, what goes up eventually does come back down, going into the open here after Fausta finished up the meeting, I was even saying in the chat, all right, we'll see what happens at 15. That was when it was at 30. So of course, that was kind of just a quick thought, but this ended up dropping much lower than 15. We were on just different trades at that point. You don't wanna catch a falling knife. In fact, actually, I wanna repost a comment I made earlier in terms of just catching a falling knife, because I wrote this earlier at like 8.42 in the morning. This was on a different trade. This was on the PRZO stock, but in terms of catching a falling knife, I mentioned that on that trade in pre-market. You think I'm gonna be even more cautious or what on this trade here? So even if it were to have bounced, which it looks like it did like from like 11, this could have been a great little bounce opportunity. Don't get me wrong, but we were on different trades at that point. So yeah, I mean, at this stage now, it's on the way back down. It's dead for the most part. So maybe we'll check back in on it tomorrow morning as we do traders talk live. Perhaps I'll run back into this trade. Definitely write it down for my side list so I don't forget tomorrow morning. But yeah, let's see what else we got here though. SVFD, same deal here. Popped earlier, dumped back down the BSFC. These two moved pretty well together in pre-market. The other one ended up popping first and this one was like lagging behind, lagging behind. And suddenly on the last pop for the SVFD, this thing went with it, this BSFC. Both have food in their name and both were up huge in pre-market. So basically it was a sympathy play if they weren't just tied together entirely. But yeah, for right now both are dead too. So it goes up, comes back down, simple lesson there. You could definitely say the same on NKTR, looking at like the long-term chart, the monthly graph here, dating back to like 17 and 18 here. Looks like this thing had a massive short squeeze back then, but dumped back down, including this nasty gap back, like in the beginning of this year, back in late Feb. Same will happen here at some point. This will eventually dump back down pretty hard on the intraday, but as far as like a day trade right now, looking at this trend, the order book, of course we're gonna throw this right away on our watch list, just recently re-broke over a dollar and made a new HOD right now. So I hope there's a lot more left to this. Just be mindful of the pullback, you know, upcoming, you know, before the end of the day, perhaps tomorrow at some point. All right, so nice trade there, this NKTR, actually really quick. Rich, were you calling this out earlier? I didn't even notice this up until now. Yeah, Rich wrote actually before the meeting started here, 221, he wrote NKTR trying to continue its push here over a dollar. So great call from him, very mindful. That was about like 17 minutes ago and since it's been pushing up pretty well. So nice trade. You can see the same here on DTSS, definitely a little thinner volume for such an inexpensive stock. I'm not even as keen to put this on the main list just yet. I'll write it down for the side list. I'll see if there's anything looking better first. MF, no go there. All right, so let's just kind of skim through quickly. Here we'll kind of zip through, see what else we could add to our watch list right now. Everything looking pretty flat. PSTX, I reckon holding support, but passed there. Now, before the meeting started, we did call out MNK. So we at least have this trade here too. MNK just broke a new high now. In fact, they actually just busted over an iceberg order at 175, look at all the green. We'd called that out just a moment ago too before this meeting started. It was about 27,000 shares on the ask at 175 and definitely a lot more that got filled from that point too, just looking at the prints. But yeah, nice run here. Definitely gonna put this on the top of our watch list here too with the NKTR. I mean, if we only have three stocks on the watch list then one has to be on top, one has to be in the middle, one, Bob. But you know what I'm talking about there. This one looks just as good, if not better, compared to that NKTR. All right, what else we got though? What else we got? We got ENVBs from earlier and complete pop and drop there too. That was a pretty quick one. Boyle, hey, on the swing side of things, definitely a nice move up from earlier today. It's trying to inch back up now after a small shake. So for Chuck, who I know is definitely watching this, then he's looking pretty good still on it. And then DM's flat. I had the LabD ETF too. I mean, that one's looking perhaps even nicer compared to the Boyle ETF. It's a biotech ETF for Boyle's natural gas. So different sectors on you, but this actually looking pretty good as far as a trends, good liquidity. If you have level four, then perhaps definitely good for you to follow into the close. If you don't have level four, I'd reckon you follow MNK more than anything. But yeah, LabD looking pretty nice here. AEOI dumped off pretty hard earlier. So pretty much from that shake down, it made a small bounce. But for the afternoon watch list, we're gonna pass on this trade, great sideless stock to keep in mind going forward, like practically every day, regardless of direction, just in terms of volume, if the volume drastically dies off day over day, then you know to move on from it, go on to a different trade. You need to have volume with volatility, right? So in terms of seeing this, we ended up seeing it just blow the roof off the place, the last two trading days dating back to Friday last week. Well, look at the volume. Well, of course, it's gonna be less today compared to Friday after such a big run up. But I'm talking like, if it goes back down to like a million, two million shares tomorrow, you know the life got sucked out of this entirely. I don't think that will happen, but that's kind of just the example and bring forth. All right, so let's see if there's anything else looking just as good, if not better, on the loser's side right now. Markets have gone really nowhere, just chopping around up and down here so far. So there's anything else looking good? Just let me know. Sage short, still on our watch list. We started this meeting off with this trade, just looking for the move on the way down, just needs to make this move pretty soon though. You know, a blast over 17 could lead to a quick squeeze up to like 30 cents plus, so just be careful. QSI, another quantum stock down huge today, but yeah, this thing took a huge hit. It is short of all my platform here on trade station, but we're gonna pass on it. Like the Sage more, let's see if there's, you know, a better short there too. In terms of direction, Fubos is good of a short, if not better than the other one there, the QSI, but this has just such big orders for this to break through and it's a lot cheaper to where the ground floor is just a little closer, I reckon. So not really looking for like a 50 cent move down on this type of stock compared to Sage. That's all, so. Ah, Io and Q was down earlier today. I completely didn't see that until right now actually. So, you know, if this was closer to the lows, I'd be a lot more interested in Io and Q, but it's not really the case there. All right, so seeing if there's anything else, just as far as a short folks, just that we could work with heading into the close, IMGN we saw from earlier, Michael had called that out or one of our students that thought I'd called that out earlier. Ah, okay, what? Give credit right back to Rich there and selfishly enough. Rich, breaking new lows, he wrote that at 12.38, but yeah, I mean, hey, and the bouncing, it's not really a great short now, so we'll pass on it here. All right, so let me know folks, if you're on social media, joining us on YouTube right now, hey, we appreciate you. We look forward to having you inside our live trading room soon enough. If you're good with your camera, fancy with your phone, as I like to say, just scan that QR code, give you access to our live trading room, have you joined students like Michael Grant, Kathleen, Phil, Stacey, John, Mark, Rod, and all of our students like there. But, you know, let me know if there's any other stocks you'd want me to look at. Trek Benzinga Pro over here just last, at least see if there's any other stocks that we missed out on. MNK we caught, NKTR we caught. Did I go over Tupperware? I thought I did. I have it on the watch list. I didn't write it down on the side list, so perhaps not. Ended up having a nice pop earlier off of five. We'd called out the re-breakover five just right off of one o'clock. It took a little while, but thankfully, and this is easy to say enough, like the easy to say part, but thankfully the cookie crumbled well enough to where this ended up continuing higher lows with trends, and then we got the larger pop a little while after. It took a number of minutes for that to happen, but it got the payoff, got the move up towards 550. There could be some life left to this trade as it's like trying to build a little support right now, and it's up over 7%. So on a day where we don't really have too big of a watch list, does it hurt us to put a stock that we're familiar with that's up big, that still has a chance to break new highs heading into the afternoon? It's on good volume, never hurts us. So, good reminder there. Let's see what else we got though. Nah, this is how you know that we're getting close to the bottom of the barrel here, folks. Remember, we're looking at PLX stocks right now. This isn't really doing much of anything. Same with this SMFL. I think that we're gonna call it here, folks. Last call on BSFC. I'm getting a ping from Benzinga on this. I don't think so. On the loser side of things, TDS. Oh yeah, back from Friday, right? The stock ended up making a huge run. I completely forgot about this from 11 up to 15, and it's pulling back a little bit here down over 7.5% right now. It could look to try and drop much lower, so it doesn't hurt us to put a stock like this here on our watch list too. Not a bad find on this one. PLTR, pass on that. FSLY, getting a ping from Benzinga on that. I'll pass there. All right, so folks, I think that we're gonna call it. So let me jump back to the sideless stocks, and then I guess we'll really do it from there. DTSS, kind of just pulling back now. I don't have great confidence in seeing much continuation on this trade. I think it's gonna lead more to a crash and burn. So if it pops higher, then perhaps we'll look to call it out once we have more confidence in it. I pass on this VTGN again, like we had talked about, and then the same on the AOI, just like both of those were kind of for tomorrow. All right, so in total, folks, in summation, we got two, we got four. We got six different stocks or tickers to work with. You're heading into the market close. I'll be in the chat board up until 3.30, just for all of our students here and trial members inside our live trading room, which will be on the mic at the beginning at three o'clock. So in about 15 or so minutes, you'll have audio commentary taking you into the final hour of the trading day. Hey, we'll work off of this watch list first, and then we'll see what we could work with afterwards. So I would start with the MNK. I would start with the top trade still as long as that holds support. I would start with the NKTR, and certainly if you're good with shorts, that sage doesn't look too bad there. It looks pretty nice. Needs to hold under 17 here going forward, but we'll see if that could. Again, though, if you're joining us on social media, hey, if you're interested in joining us, just scan that QR code with your phone right there to get access to a week long trial. But hey, best of luck trading, go into the market close for all of us here and we'll catch back with you on Tuesday on tomorrow morning.