 All right, so perpetrators we are good to go here welcome on back here this Wednesday morning May 3rd Great to see Ray Dan Kathleen Andre Ronnie and Charles and Sam all four members alike inside our live trading room Great to have all the so on social back on YouTube Facebook live the works. So folks I'm not wearing my normal polo this morning. Actually, let me start off by getting this out the way I'm wearing a nice little t-shirt today. You see that I want to give a nice shout out actually Let me get on webcam inside our live trading room for that to I'm on social with that right now Should be good good to go on webcam now and cyber group. Where's my good friend Andrea at where's Andrea? Not Andre, but perhaps Andrea Andrea see it's not in good lighting But I'm wearing my forno cultura shirt right now from a good friend Andrea see inside our live trading room So how about that wanted to show that off to begin? But I also wanted to show off a couple of trades that we had here in pre-market with the APM up big We talked about that on our YouTube channel early this morning The IMG and the AK and the AK LI just so many different runners already in pre-market folks If you weren't able to trade them early before the market has opened up yet, that's alright I mean hey right now at this point We're gonna kind of be waiting in hesitation for the Fed meeting to conclude No, that'll be later this afternoon at 2 p.m. Eastern time We'll have Powell come on at 230 Jerome Powell little competition for myself there when I jump on coming back in the afternoon So he'll give some remarks at 230 Eastern time Then we'll see what's out there heading into the close today Then we'll see what's out there heading into the remainder of this week So I would say really going forward this afternoon and the remainder of this week will really be the meat and potatoes of like your trading We've had such a good start already So I should really shouldn't say that or you know just yet between GDC between the uber trade from yesterday I've got a couple crazy ones from yesterday to MINM TIRX let's get to all those you're coming up actually first So from yesterday, I mean it's all poppin drops, so we know that at this stage We're not trying to hold these overnight. That's like cardinal rule number one I did not get my hands on this MINM trade I was actually prepping up for the afternoon meeting and then I was doing the meeting So this was running up pretty much right when I was kind of teaching here at the time Popped up pretty nicely from like three three fifty all the way up towards 14 bucks You know just one of many that we were able at least fine let alone catch I think this had some pretty thin liquidity out there on the book altogether, so you know Hey, it looks like a Christmas treat, right? So you know you're not trying to get stuck on the top the roller coaster on the way down I cannot stress that enough same as Fausto here each and every day here at TIRX same deal This one ended up closing lower than from where it had opened up even I mean hey did a lot of that move in the after hours the day before But then otherwise pre-market early then after the open this ended up just exploding Led to a great move. So we talked about this more inside our live workshop our traders talk workshop Conducted in cybergroup. So we talked about the breakout over five and when it got halted it pulled back to 480 Led to a very fortunate entry from there left the fortune on the table though I mean hey, you're not gonna be perfect on the exit as much as you want to be as pristine and perfect on the entry So, you know, it's not a matter of how much you can like really get out off the top But if you're able to take a manageable entry going with the momentum Then you're gonna be able to scale out and work out a good profit either way, right? So, you know, if you're up a comfortable amount that you're not normally up I would look to take the money and run sooner than later. So TIRX the The MIMM trade from earlier. We also had Uber. So it's not all the pop and drop So from yesterday Uber coming out good earnings We talked about this all throughout the morning into the afternoon and this played out perfect from our trader stock workshop Actually, I didn't go over this as much in the afternoon meeting really just talking about the 3550 level There was so much pent-up volume from pre-market. They're really a lot of selling And if I can go back on time and sales here just to really show I don't mind doing that right now Got a little time on our hands here folks So a little lesson here for all of a sudden YouTube and Facebook live all of a sudden our social streams here today Let me actually try and lessen this little that See if I can get this straight here right out the gate. Yep. There we go So opening bell print from yesterday. It was right off at 35 So between 3550 and then ultimately the whole number level at 35 bucks Both of which led to a huge level to work off of throughout the day Well, hey built up and up and up it pulled back after the open But then it built up and up and up and eventually use that 3550 as resistance It flipped it into support later on led to a beautiful dollar and a half move up pretty much It was close to a dollar and a half move. So hey heading into the open uber could easily be a stock on our side list It's not really trading a whole lot in terms of liquidity on the order book just yet. We'll fill in once the market opens up Let me reset this here pretty briefly just one moment. There we go. All right, so I'll write this down Actually my side list I didn't write this down. I know page just yet. All right So those were three I wanted to discuss we have AMD coming off earnings this morning. I typically on Fed days That's when they report. That's my little like shortcut for knowing AMD there. We had a couple others So let's go let's go through and we'll go from top to bottom right now and show off what we ended up following from earlier today This does not look like a big move compared to the after hours yesterday here on APM But man this ended up making a really strong run up after eight o'clock So, you know, we always talk about the infamous eight o'clock move here inside our live trading room We'll pull back at first it flattened out and it was very big spread and thin book at the time too So it's not an easy trade but once it ended up kind of testing eight early in pre-market It gave you a clue to ask, you know, hey, what happens if this could re break over eight later on so of course the eight o'clock move it shook around there a bit more but Hey ended up leading to a re break led to a really good run up from that point You know, hey for as much up as it already is plus 187 percent right now You know, we said it before in terms of holding overnight But you don't want to hold in pre-market leading into the open You know going into the opening bell here over the next 15 20 25 minutes You don't want to get stuck holding on to this trade, you know, more often than not we'll see profit taken Uh, you know, I'll put this on our list in hopes of eight becoming a pretty good support level, you know over time, but all right, so Roger calling out the IMGN inside our live trading room number two Wow a nice pop here actually a really strong pop, you know, however though early in pre-market It's filling in more now this did have some pretty thin volume as well So I wasn't as keen to trade it at first this stock IMGN though Like if you're a longtime member inside our trading room, we've been following the stock off of just given news or earnings Just pre-market activity. Uh, we haven't really seen it around the tens in quite some time though So, you know, it should be a pretty fast trade as it has popped already Let me just pull up level four right now book map here and I'll show you what this looks like So we got level four here. I gotta reset my volume dots right now just one moment There he is. There he is. There's john knew he wouldn't miss this There we go ended up leading to a nice breakout off 10 50 really off 11 though Now at this stage with it seemingly popping 11 so fast On a pullback perhaps 11 could be support Um, I would still wait to see a little more volume join the bid to confirm that though But you know after the open I would look for 11 to be a potential support level You have a huge print that just got filled live right now though at 904 eastern time About a 226 227 thousand share print filled on the bid at 11 50. Let's peel this back and I'll show you that on the tape So it might be a aggregation there, but we'll say There yep, I mean for the most parts a chunk of volume and it's like really a lot of red a lot of green Altogether a bunch of volume collectively getting filled off that 11 50 I mean for right now it's popping up a little higher But let's wait till after the open to see how that level reacts Whether it's going to be a definitive support and then it launches higher or if it pulls back under it here Then I would assume you know resistance to be off that 11 50 So I am gn. Yeah, we'll definitely add to our list here for right now can Wacky lighting here in my home office too if you see that All right, we'll keep it going though for right now I did think that earlier the ak an it was like the most volatile and like also very liquid and I mean that in a Very positive way, you know just really tradable stock and pre-market I was hoping for the ak li To be that way, you know just cheap stock. It was up big as well on pre-market I took a couple breakevens on this trade before it broke lower But I missed out a little bit because ak an ended up having a nice little couple bounces off of 225 230 ish And now trying to move back up towards the v-wap here So, you know, I'll add this to our list as well You know if you're new to our youtube channel right now, you might be asking like, you know, where the news at? What's the news on the stock? What's the news out on apm as to why it's up 180 percent right now? Not to sound like ignorant, but we don't trade the news We couldn't care less as to why the stock is like actually up news wise If there's no news that is a slight red flag, you know, perhaps you'd think oh, then it's going to pull back down So we are a believer of that perhaps, but otherwise we follow the big money We look at big levels based on the chart based on level three and level four VWAP at times too, but So far a good list for what we have apm ak an img on top three already Uh skip over this though kr bp bit of a spotty chart here so far Not much of a trend here moved up at first after eight o'clock, but then nasty dive it flattened out after Uh the ak li I thought that there was going to be some good potential on this trade And now at this point looks like 163 seems to be the larger of the two levels at first it was off 160 And that's where I had a couple of entries at first, but then Pulled back just went break even so, uh, you know, hey after the open perhaps I'll grab this if it makes that move again Uh, just don't get these two confused between ak an and ak li It's pretty easy to All right, we'll keep it going folks. Ooh nice pop here on s n t g stock from I think friday last week We ended up trading or monday perhaps it was losing track my days Pop and drop on monday from three up towards 10 You know making a secondary type of move right now, but i'm really not a fan of the book I feel like it's just going to pull back down pretty quickly once the market opens up Uh, I'll write it down. I'll put it on our side list though for right now at least Ruth the second I saw this gap up it popped up on my benzinga scanners here I knew right away what happened so i'm not even going to check the news out on this stock What one thing I could tell you is that this is like definitively a buyout so We move away from that we move away from this The gdc trade was down 85 percent from monday's close Yesterday afternoon look at that drop that is nuts So this could be easy to kind of say easy to hear like oh, of course i'm not going to hold that overnight I've moved up too much There are some folks that do so we got to cross our t's dot our eyes here and say that like listen You can't hold these overnight. Uh, you know, even if it was up 20 percent, you know, it's not definitively an overnighter All right, so we keep it going. What else what else we got here folks cnsp Popped up early actually nicely after 840 topped off around 215 to 20 the price and then pulling back Uh, you know decent liquidity. Hopefully it just doesn't dump right back lower here after the open I'll add this to our list for right now Got a bunch of a's on our watch list apm aka and akli Got imgn Uh, and then cnsp here All right, cool Sydney's saying imgn five-year high is 1231. Uh, it's good to know sydney. I appreciate that. It's a good call out there Good, uh charting wwr former runner for us in the past over the last like few years I recall just not really doing much right now. Maybe we'll call it out afterwards imbs looks like this had a pop yesterday looks like it's trying to move up even more this morning If it had a more liquid book, I'd be a fan of it But for right now, I feel like there's going to be others on the loser's side that we'll take a look at In just a moment. We got wint not much happening there qh former runner from this week I mean former pop and drop you could say too Huddy same as well. I noticed the theme here, right? I mean all these from earlier this week are making a second little gap up or a little move up Don't get lured in by them. Don't get lured in Um gfa i not they're not all of them are gapping back up again. This thing just popped up back from a couple weeks ago Right back down lower Leju I got that one right this time. My dyslexia was pronouncing that all this week legu We'll keep it going el Not much happening. I mean not not much happening on the order book great trend down down big today But well without well outside of our price range. I'd say there I got amd down off earnings today. So again, we had talked about that just earlier You know coming off the fed meeting or going into the fed meeting the conclusion of it typically amd reports the same day So, um, yeah, I mean down big right now it will fill in the order book will fill in after the open year for this trade So, you know what? I mean if it's outside of your price range then move over it I mean don't get distracted by it move on from it But i'm going to add this to our main list, you know, I'll probably look to follow this myself on smaller share size But uh, i'm a sucker for amd. I've been a big fan of this company as a whole for the last like Seven eight years now at this point. I have made my biggest mistake ever on amd In my life So I will perhaps make a youtube video on that in the near future going over that I'll be kind of chewing on tin foil to kind of recite that story again michael's saying weak guidance though this morning on amd So that is not good news altogether. I'll look more into the earnings report myself But michael right there is saying weak guidance. That's like probably the most important part of an earnings report altogether Starbucks down big, you know a little bit more pricey All right, folks, I think that's going to wrap it up here if there's anything else looking good Anything else up down left right more than five percent just type it in the chat board here Just let me know I got to fix my lighter my my lighting here Dave's saying amaran a mrn earnings today if it's after the close then we not going to really follow it just yet Probably tomorrow morning if it ends up showing any good activity But yeah, there's not much to it here so far Dave We traded a mrn years back years and years ago. So it was a fun tree back then But We'll pass there. We'll go back to the sideless stocks. We'll go back to uber. We'll go back to the sntg I guess sntg showing a little bit more here a little bit more of a pop. Hopefully just doesn't come back down now from this point But you know order book filling in just a slight bit more tiny tiny bit more hopefully fills in a lot more from here I'll add this to our main list now at this point. Give it a shot. Give it a look All right, folks, so hey, let me know if there's anything else. I'm going to just jump to benzinga pro here I'll show it here before we finish up. I got imbs sntg All of which we talked about already Ruth is a buyout That's just about it. I mean, hey, we don't need to uh, you know go to the bottom of the battle to realize folks I mean on fed days anyway We got to wait till pretty much 2 p.m. To see what happens the like the real announcement conclusion 230 power will be on to do a press conference or you know a little Blurb and he'll give some comments He'll always probably recite something very negative about the market. So probably be looking forward to hearing that And with that said folks say for all of a sudden youtube facebook live linkedin twitter all of our social streams right now I'll be back on the mic later on today. I had a tag on for fowstow You know early this morning. I know he's in florida just meeting up a trade station to find folks there Carl and chris and a couple more folks at trade stations. So Looking forward to hearing about that and with that folks Hey, we'll be back tomorrow, but if you have any questions, feel free to shoot me a quick email Josh at c2 trading.com is my email. So if there's any questions or trades that you want it to go over Let me know Otherwise, though, if you if you wanted to join in our live trading room You could tell I didn't have my energy drink this morning because I'm stuttering over and over I don't have my energy drink here. I got my water. No energy drink But if you wanted to join us inside our live trading room Just go right down to the link on the green banner below the stream right there to get yourself set up to Get yourself started But for day for later for joys for michael for laurence and dan and all of us there right now I'm gonna get my energy drink. You might think I'm energized right now, but I'm just normal josh right now I'm looking forward to this morning folks. Hey, I'll talk to you all soon. Take care