 All right cyber traders welcome on back here this Thursday June 17th shortly after 2 30 p.m. Eastern time welcome on back Of course for our afternoon meeting just did a sound sound check in our room just before from Bobby Debbie Michael Norman Great to see you all there and for all of us in social media Facebook live in YouTube welcome on back So let's hop right into it I hope I woke a couple of us up as I kind of woke up a bit earlier myself I jokingly said that before but I'll tell you I think it's been slow today coming off coming off the Fed meeting here We're kind of in the beginning of the summer period right? I mean I would say the the dog days of summer But that's kind of more for like late July early August I reserve that phrase for so no nonetheless It's slow. We had a couple of moves here and there. I'm in one stock right now I've been taking these tiny losses throughout the like pretty much the whole late morning into the afternoon I've had a couple of positive trades throughout throughout that time But I'll tell you that the first hour of the day I ended up doing really well on and unfortunately I gave a lot of it back throughout those tiny losses So I got to try and pick things up going into the afternoon I ended up getting stopped out on a stock here not be be Stock wish Wysh you could see all of my like, you know pre-market lines. I ended up plotting here You know well before the market opened up, but you know clearly goes to show I have an interest in this trade I'm not as like ready to put this on our main list just yet It was pretty shaky going into the early afternoon I was more so looking for the short throughout the morning I'd ended up failing to pop at first and you know from there pulled back down pretty nicely off the 1130 level One of that one of my best trades at least, you know across the day was off this wish trade at 1120 ended up going short Right from a 300,000 share print that got filled pretty much at market wasn't from level 3 But once I saw that I ended up seeing a lack of momentum swinging to the upside and for such a big print It's worth taking the chance if you happen to see less upside and more downside I think it's more ready for the short. So ended up seeing a drop off really nicely. I ended up getting out Actually at 11 on the trade. I wanted a lot more. I thought 11 would hold here It didn't thankfully I got out when I did ended up beginning to squeeze up But you could just see even at this point I was very tempted to anticipate a lower high pull back down here at least for right now It's kind of making that move in the meantime back down to this yellow line at 1109 I believe this is the opening bell print from this morning 1109 going into the open So we'll see if that can maintain his support. It was a really strong top just a moment ago Maybe I'll come back to this trade just at the very end, you know, see what it does You know if it ends up making a much bigger pot for me Perhaps I'll put it on our list for everybody if it ends up dumping off who knows maybe it can be a great short But just this choppiness. I'm not like really too comfortable just putting this on our list Advertising it for everyone like Norm and Tim Kathleen skip. Let's see if there's better opportunities than this right now So we'll see what else we got. Oh shit. I think I just got stopped out here too. Oh, man I ended up just getting stopped out. I was in right from 1112. So I ended up seeing just the stop out right from there But all right, that's fine another tiny loss. Let's go from top to bottom though I mean, hey, we ended up doing well on the MTP trade from earlier earlier in pre-market the ORPH It's actually on the loser side, but that ended up making like a two and a half three point run up going into the afternoon So let's see what we got here so far We regroup and reset myself at least going into three o'clock So MTP nice push at least from pre-market after or right before right before 8 a.m Eastern time ended up making this bounce from three bucks pushed up really nicely going into the market open Unfortunately, it was a flop after I ended up dying off right away after the market opened up You know decent buying opportunity once this ended up building support namely off this to 72 level I ended up just drawing that as a really strong support level I think that was from if not pre-market then after hours pre-market early. Yeah, you can see that was just a strong base I said, yeah, let's see if that can maintain as some sort of support at least, you know After the market opened up and it did you know a little choppy but ended up holding off it pushing up here right now MTP. Hey, this one looks a little bit more active so far compared to my wish So, you know what maybe if we have a really big list this will kind of get bumped at the end But I don't mind starting off with this putting this on our main list here to start All right, SMP X looking the see this this is like a reflection of our whole late morning early afternoon You know just this chart here just not much happening, right? Look at this. Woof me 23 and me I saw this get called out earlier and it was more going into the late morning here So this had to have just flown right under the radar for us going into the last half hour Really, I haven't seen this recalled out since the morning So for what it's worth easily going to put this on our list Hopefully it's going to maintain a steady of a trend that you can see there I would assume it's going to pull back and make higher lows at a minimum, you know huge spread Very thin order book here. You can just see looking at the trade station matrix For anyone that doesn't have trade station as their broker platform You know, hey, if you have the Nasdaq book viewer as Fausto shows from his webinars, you know level three Otherwise as we would nickname it, you know, you would just see the same thing just very Very big spread very illiquid order book thin orders across the bid in the ask aside from this guy here That's actually pretty interesting 1330 you have a big order on the bid that showed up just a moment ago. I'm sure he's still there It looks like you pulled up maybe moved his order up Let's watch what happens here. This is pretty interesting So right now we're seeing that order begin to get filled 1331 It has to be through a through a different order book or through a different exchange I'm trying to read level two here now to see what ECN or exchange that pops up as it's got to get retested first I don't want to sit here all throughout the afternoon watching this got to go through the gainers list here, but Yeah, we'll see. All right, nonetheless, we'll put this on our main list 23 and me Let's see what else we got here. I saw and it looks like that held for right now Come back to that probably at the end either way CLSD another one that we ended up doing all right on at least earlier in the morning ended up seeing this pop You know going into eight o'clock with the rest of them popped after the market opened up Did pretty well in the straight off of five bucks right away and you know, unfortunately from there It just goes to show I say this like practically every you know after afternoon meeting that I do, you know When the volume dies off So does the stock typically so, you know once the ones to be so the selling kick in and just broke below 550 support That's over. That's a wrap APP and pretty expensive nice Example of higher highs pushing up pretty steadily at least there Our good old friend AMC, which leads me to right So AMC ended up making nice move up going into the mid-morning late morning here Is it topped off roughly around 6350 ish? And then you know ended up practically going right back up there now and holding off So, you know, I'm assuming the rest of the other, you know, quote-unquote reddit stocks the Wall Street that stocks are fairly active BB Blackberry BB be by you know Express that's the other one be express was one that ended up moving with GameStop and AMC and Blackberry and all those It's not really doing much here. All right. So, you know what it might be AMC specific Let me just check Benzinga Pro if I can just see if you know, there's any news on it. Whatever the case may be AMC still likely is just very high short interest based stock Yeah, it's just pointing towards AMC and Blackberry no specific news But those are really like the two that are more featured here from Benzinga Pro So, you know AMC I'll put on our list Blackberry for right now. I'll put on our list Definitely I'm a fan of Blackberry at least AMC could freeze up my you know screen personally here So, you know, I'm not trying to have that happen. So for the meantime, I'd probably be more interested in Blackberry myself Trade more shares of it, too Oh really quick also and just pulled back my Benzinga feed and I ended up just seeing the YouTube stream right here from RJF He says clove so that was a stock all so that was a very high short interest And you know was moving with the others, you know back a week ago or so, but yeah, right now It's at the lowest here not a whole lot to write home about I mean I wanted to check that stock out RJF just because you know again, that was a great call I didn't think of that when I went through AMC and Blackberry and the others there, but yeah, not a whole lot happened in here tradable stock, I'm sure but Now this looks at least a lot better SPWR. I feel like Yes, if you're trading a more expensive stock EMPH tends to go with it often times to solar stocks, but Yeah, nice push so far up to 27, that's for sure 12,000 share plus order on the ESC you can kind of see right now 10,700, but he's popping in and out there you can see him But yeah, SPWR come on down. All right, let's see what else we got run Not much going on there Lee Eli nice EV play from earlier this morning pushed up really nicely I know that Nikola pushed up pretty nicely after the market opened up We're pretty familiar with a lot of these stocks Neo, of course You know a lot of these EVs been pushing up all week So if for what it's worth, maybe they could just be on the side list leave for right now being the top percent gainer of those It's just not not really training too well in the sideways move here and tight range So I feel like the momentum just entirely has died off and if that's the case for Lee Probably the same to be said for the others. So I'll just make that general assumption ahead of time here and just see What else we got a toast good side list stock ATOS good side list stock just from like a week ago Two weeks ago practically ended up pushing up nicely at the time it was shortable today It is not but you know it goes to show it could have been a great short as it was a long and you know Good side list stock at least check back in with it tomorrow. Perhaps our VLV Yeah, all right, let's hop over to the losers list actually GOED last I guess this one pushed up earlier I forgot to check this one out. It looks like it's kind of like pinning itself off 350 Looks like the grass is growing here folks, right? So I don't really think we were missing too much by not putting this on our list just yet All right, and I'll tell you look you look at the losers list. Oh, man I mean it's certainly a reflection of our day unless if anything I mean there are a couple stocks getting decimated so maybe they could be like good dead cap bounce opportunities But the whole losers list is hard to borrow from trade station. So, you know this UTM e-tray town 72 percent I'm pretty curious for this one at least to check the news like why is a stock down 72 plus percent so Hey, it doesn't give me much Benzinga pro doesn't list much here folks. There's got to be something unfortunately I don't have the news on this one at least but damn this is a big drop to go from like what is this high the day off like 75 80 bucks here practically This is all-time lows. It is. Yeah new IPO actually. That's pretty interesting I Don't know the stocks just got a huge spread and very thin volume on the book It's just tallying off. So, you know, you can't short it You have to just hope for a squeeze back up at some point Maybe a 345 350 in the afternoon we get it But I don't know I'd rather wait for the order book to fill in more for a stock like this Maybe nope. I was gonna say maybe this stock could be it down 63 plus percent. I don't know what the news is on this for for right now I'm not gonna check. I'm not really too jumpy to put this on our list either At least the spread is a lot more contained on this great liquidity on the order book. Otherwise, but uh, you know Maybe this one I'll check in with tomorrow perhaps You know, it's bad when you have stocks that are down more than what this dummy stock is they says see test dot a I think that's a trade station like you know test symbol I don't know why they have it there, but you always see me skip over that during the meeting You know, it's bad when a stock is down more than what this thing is a little vino Probably have some vino later on this evening pushing up a little bit off support higher lows, I guess not a whole lot happening here, but Friend you won taking a big dive here today took a dive back on Tuesday looks like Again, not a whole lot really to write home about on these trades here folks TAL I there's something here, right? So to come back to the TAL trade I know Fausto brought this up during the morning meeting. We talked about this from yesterday dove off I mean after a big gap down in pre-market, but oh these smokes this thing just keeps on going now We learned from yesterday. It's not all-time lows I would have to go back more on the daily chart for that But we've seen the stock at like two bucks. I think you know back a number of years ago So this is not all-time lows, but obviously still on its way down trading a hell of a lot of shares per minute still great liquidity. So this one at least Checks that we'll put this back on our list See the issue on this trade right now It looks like there was some selling off of the 21 level just earlier once it broke below it But since it's been having a tough time trying to like make a move lower from it So you know that would insinuate a potential squeeze up heading into the afternoon But you would be kind of in a bad position if you were thinking that at any time over the last month, right? So you'd have to really set a tight stop be conservative if you're expecting a squeeze up right from here Still has to break a new low of the day off 2095, but you know, see where this goes here the TAL trade either way Edu same stock same type of stock dropping off education based company I guess I'll slip it on here. Also. It doesn't hurt to do so All right, let's see what else we got here. I want to check out ORPH. I alluded to that earlier I don't think we're gonna put it on our list going into the close at this point because it already did such a good Job running all the way back up here. Is it possible it can keep popping up later on? Of course, and if that's the case, we'll call it out But you know, otherwise the main reason we were calling this out at least at this time was for the dead cap bounce and God bless This ended up working absolutely, you know, flawlessly I ended up leaving like a college tuition's worth of money on the table I ended up jumping in fortunately right from the 13 level ended up getting filled right from 1303 waited for the read well I came back to a perfect time because it pulled back down lower off a reopen from a down halt and Like I'm not too jumpy at that but when it keeps dropping and dropping and dropping I'm thinking all right. Well, maybe there's a chance and I'm not gonna You know throw a dart on the wall and just you know put a blindfold around my eye, you know That's not how I played it, but off a whole number 13 Jump in if it breaks under and over the level you set the tight stop right away And hey if I got stopped out then fine, I would have moved on You know, it is what it is, but then I mean because of the move up I thought it was gonna drop back down. I got out at 1355 or something like that. I got 50 cents But man, this thing just kept going up right away after was if it was crazy. So yeah, this ORPH stock I'm sure that we can call this out later on if it ends up making a pop But you know at this point I feel like it could be more of like a distraction or more of noise otherwise for anyone That's like, you know more uncomfortable trading a stock that has a more fluctuating spread dinner order book You know, hey if you're more of a level 4 level 5 trader If that's what you consider yourself and you know who you are if that's the case because you're the ones making you know The thousand dollars plus a day More often than not let's say maybe not every day, but more often than not then hey Then you know that you should be more following the stock But you know for anyone out there more of a level 1 to 3 trader inside our cyber group trading room I don't just rather this not be a distraction to you. That's all alright HL Bunch of crap here otherwise I think to wrap things up which is fine. We have a good list I like the MTP. I like the SPWR trades if you know the AMC trade gets going again. I'm sure blackberry will tail with it All right from Norman in the trading room He says gray pop and and that's one that we did call out from earlier. So I don't know I guess I just skipped over this or maybe Maybe I looked at it and just brushed it off quick, but this was one that we called out It was a nice move from earlier Maybe I just skipped over completely, but obviously made a new pop. You're going into this afternoon So absolutely yes have to put this on our list here the gray stock Brian W here in the trading room also says the pot stocks are worth watching Connecticut just passed a marijuana bill So that will be subject to MJ here Brian if this isn't popping right now Probably not worth the time to be honest with you and that's just from experience too I'd love to see Tilray make another run love to see Chronos and all of those other you know stocks the SNDL, you know all of those I mean hey, we do well on those trades, but just I know from experience because of New York and everything else here It hasn't really made a big move today, right? So this is what you would want to focus on MJ the pot sector ETF Now a stock that I may just slip on our list here at the end It didn't look that volatile didn't look that good up until literally right now. I wish I'm in it I was I was in it from earlier actually from 25 and I ended up not really doing that great on it I got eight cents on it, you know slow choppy ended up wasting a lot of the profit I think that was from earlier here, but I ended up beginning to push up nicely I was in it recently from 25 20 ended up jumping in and out on two occasions and essentially went scratch across the board there and Damn, this thing's popping back up right now All right So PLTR is a stock we're familiar with right and we were watching this stock back from Monday of this week Where we ended up seeing a lot of buying coming in off at 25 So for a little while I was waiting for this move It's not as if I was like, you know chomping at the bid and telling you folks about it But you know each and every morning I'm looking at this stock and pre-market looking for you know a setup And I said, you know what? Let's see if this can make a push to 25 today and after the open That's what I was following So for what it's worth right now at this stock at the highs of the day right now and we're familiar with it Most of us at least inside the trading room. I have zero problems slipping this just probably on the tail end of our list Palantir All right, so folks, let me know if there's anything else up down left right more than 5% that you would want me to check out I'll tell you otherwise. It's kind of been a snoozefest heading into this meeting I hope that it's not going into the next hour, right? But you know, otherwise though, we don't need to force any stocks on our watch list I mean hey, this might end up doubting back down and pulling back and you know in that case Then I wouldn't really suggest for this to be as great of a trade That's why I said I'll tag this on at the back of the list, right? You know, I like the gray stock Hell of a lot more. I like the ME trade if that can keep pushing up and making higher lows You know, I like that a lot more. So we have a good list still But again, if unless if there's anything making an extreme pop or drop right now that I missed I think that we're all settled David here says MSOS is a cannabis multi-state operators ETF Very interesting. I did not know of this until right now. I'm pretty pretty cool, right? Let's kind of compare this to MJ Yeah, you could see some some similarities on the daily chart. That's what I'm looking at there MSOS is sharper on the way down Maybe it's newer and pulling back towards a lower support level, but MJ going with it relatively. That's pretty interesting All right, folks, I'll tell you I think we're gonna call it in total. We got two four six eight Nine stocks on the watch list here not too little not too many. I think the shoe just fits All right, so for all of us here on social media, I appreciate you sticking with me each and every afternoon Just make sure that you like subscribe notify right on our YouTube channel YouTube comm slash cyber trading you Otherwise if you've yet to join us live inside our trading room Feel free to do so going right down to the link on the banner below just to get yourself started for all of us there right now I'm gonna jump into a coaching session. I know the Fausto and our presenters at the cyber expo are still going I think that's on until three o'clock Eastern time here. So at least otherwise I'll be joining you folks later on this afternoon inside the trading room talk to you then