 All right, good afternoon cyber traders welcome on back here this Wednesday November 30th end of the pay period here this Wednesday afternoon So great to see Chuck and all our members inside the light inside the cyber trading room right now Ray Jeff Chuck and the rest of us just joining us right now Michael Jeff and Andre and Ron all this otherwise later included and Otherwise if you're just joining us back on social media Facebook live or YouTube. Hey folks There is a lot to talk about here. Obviously. We just came off of a Fed share Powell giving some remarks a speech and actually on quite a surprise market ended up having a big pop Anytime this guy gets behind a microphone. It's just bad news like this guy always smack talks the market always leads to a big drop after his Speeches and with that actually the first the first headline I posted in the chat It didn't sound too good So actually let me pull that up But obviously the markets ended up having a huge pop right away after he finished and we'll get to the better of the two headlines. So, you know, I wrote this in the chat board shortly after 1 30 I'll just be quick with it says feds Powell says that the Fed has a long way to go in bringing inflation down It says the ongoing rate increases will be appropriate to bring inflation down says inflation remains far too high Says the Fed will need to hold policy at restrictive levels quote-unquote for some time Well, that doesn't sound too good does it Nothing good from that headline, right? And I was on a coaching call to one of our students Glenn back then and like once we saw the pop We were thinking okay could be a head fake. I mean just based off that initial headline like okay, that could be a total pump and dump Well kept giving right the spy ended up holding and instead of making that continued pullback It pushed back up and right there I said to him like all right Well, there had to have been something else that came out and I think the point that people are talking about here If anything from Powell is that basically in so many words He said on top that the the rate hikes are going to become smaller Over time potentially beginning with December That's essentially what he had said on top So I think a lot of traders are kind of taking that into consideration more than anything and with that Hey, well, hey, we'll take a big pop right any day of the week and especially coming off Afternoon time right like this. So, you know for right now, although the spy is beginning to make a small little dip here on the five minute I feel like it's still holding well enough to where we could expect continuation going into the close With that I'm in on one trade myself and we'll get to that one actually in just a bit It's on the top percent gainers list But for right now Shopify one of our new gold students ravina ended up just Bring this one up to me asking where the levels are as you know where the next big level is essentially on it You know Shopify. We've been following as a swing trade. It's been a great day trade on top and with that This has just been smooth sailing up finally finally. I should say that breaking above 40 I say finally because last two days. This has been a Mess from 40 bucks really if you put a line at 40 the last two days back from the beginning of this week until right now Pop and drop Pop and drop now finally you're getting a higher high So let's see this materialize over 40 as a key level here on the one minute chart Right now It's beginning to slowly pull back wouldn't shock me if it ends up dipping at least closer towards that 40 level and Yes, Shopify is going to be a lot of one of many stocks that we're going to put on our watch list to at least begin But the market pushing up as much as it already did so far There's a lot that's going to be up that you know 5% or more that we look for folks So really our biggest task during this meeting is to make sure we don't build up like a 50-stock watch list All right, I'm trying cap it off at 12 if I if I can Michael says people I think a soft landing is possible. Yeah, you know, I think over time it's going to pull back I you know, I I do think over time there's a lot more to come You know, hey, you hear still a lot of big wigs saying watch out save your money There's going to be another recession coming and truth be told They were right the first time they said that at the beginning of this damn year So, you know as much as we want to be jaded by big money and like, you know, I think that they're out against us They were right actually in the beginning of this year. They could still certainly be right for what's to come Andre saying in the chat board also of ours here. Yeah, Powell did not say anything negative, which was good No, look at the headline I posted in the chat board that doesn't sound too good to begin with right It sounds like more doom and gloom at least the headline I posted at 130 Eastern But again, it was kind of what he said afterwards as to where, you know, the federate hikes are going to get smaller over time So that provides some optimism at least right Yeah, for right now Shopify on our list to begin. Let me get to the stock. I am in currently right now I think Chuck just closed out on his position for it at least Wolf Chuck got in from basically 11 out at 11 10 to slow to hold and I agree from his entry point You know, hey, nice nice exit you can get right back in so quick in and out He killed it earlier on a couple of other trades. I'm in on this trade right now from 1081 ended up having a big level there from the morning and at least coming off the Fed decision or not decision Coming off the Fed speech at least from Powell This was moving up over time and I ended up just taking the break right above 1080 Thankfully, it worked out really well and for right now. I took half my position out Chuck I took half my position out a little bit earlier before we started this meeting Still got half left though a little for fun shares and you know, if you have a better cushion It gives you a better ability to try and hope and hold right So, you know, hey, if you're in from 11, you don't have as good of a leash take the money and run It's slow. It's stagnant right now. I hope to see a lot more on this trade It's been holding under the pre-market highs here so far. So pepco wolf I'm gonna put on our watch list here. I you know, it was moving in pre-market like I'd said coming off earnings It was moving just like Shortly after we posted the pre-market watch list So with that, you know, we called it out afterwards and saw our live trading room and pushed up a little bit at the time then All right. Now, I'll tell you though We're gonna find a lot more as we go from top to bottom here folks Mike C saying that there is a sound echo I Don't know how that would be at least here. This is my normal setup. So just do a quick log out log back in I've been on the stick since 9 30 today with maybe 10 minute breaking between it could honestly just be my voice My voice is crap right now. So it could just be that this is like a record day for me breaking personal records today on the mic So let's go from top to bottom. Let's see what we got here folks. Otherwise Tops here so far. I mean, hey, let's just go over this one while we can the stock ended up having a nice squeeze earlier this morning It's been a historic pop and drop type of play You know, it wasn't even 45 bucks last year 40 35 bucks last year That's all based off of reverse stock splits So, you know, it's saying that the only reason there's stock split doing the reverse splits to begin with is to remain above Nasdaq requirements here at least one thing I ended up doing. Whoops. That's an extension. I Ended up using fib sets on these today Just given the the squeezes up you go from bottom to top and you could see how well the 38.2 percent held really well here at 358 I didn't think it was gonna continue to hold even here though because for as much as it held the first couple of times It didn't really continue So the more needles that it should really crash and burn So, you know, if this thing wants to go if we want this thing to go I think it needs to go pretty soon from right now I'll put this on the side list come back to it at the end We keep it going X PEV. Let's just briefly talk about this also because what a run the stock had You know between all of the Chinese I mean all the China stocks really killed it today all together, but the Chinese EVs Xpev neo Lee, you know We call these out damn near every day at this point, right? I mean if it's not neo it's Lee and some other days It's the X PEV stock here, but you know news came out this morning I think on this Xpev, but nonetheless the talking point on this for me I think is that Xpev had the lowest float of them They're all very high floats actually believe it or not every one of them is like super high float Xpev neo Lee I don't think they're low float stocks Xpev simply had the lowest of them with that though if they're all Shorted pretty heavily. Well eventually the shorts are gonna cover for the shorts to cover on a lower float stock The rule the rule of thumb would often be that will make the more explosive move Xpev up 48 percent today Lee well hey up 20 percent having a great day Neo up 21 percent. Well, what's performing the best? Xpev so that's the one I personally had the most interest in early this morning And it's been a really good trade all throughout the day Actually, I missed out on this entire initial run I ended up following the wolf stock at first and you know for what it's worth It did alright, but you know missed out on this trade on Xpev and then I ended up getting in later on So as this broke over 1016 this led to a really nice push There was about a four million share black print that got filled on the xpev trade right at 1016 And now that I'm actually remembering that in the moment here allow me to bring up book map So I've got a few of these dots green dots, right? I mean the biggest or the strongest Well, when you put your cursor over this That doesn't read 396,000 If it did I'd say that's pretty big Folks that reads 3.96 million Million million shares as in so you'd like to think you know if we're following the big money, what's gonna happen if If this could re break above resistance. It was at 1016 So pretty much this blue line right here. It broke right above it. I got filled off support right here Led to a great squeeze up from that point So late to the party myself missed out on the majority of the run honestly But it led to a really good squeeze up shortly after Uh question from one of our new students mike just asking could everyone see this meaning is chat Yes, everyone could see your chat there mike. You're good to go With that though. Hey xpev continuing to hold pretty strong near the highs So, you know for right now Hey, i'm gonna put this on our watch list at least for right now the xpev Mike's saying I mean the book map book map should not be showing on the screen right now. I had it up just before Right now live present time should not be showing book map should just be on the platform But um had it up a moment ago xpev i'll put on our watch list here in the meantime The lead trade for what it's worth is holding perhaps even better to the highs right now really it is Doing good job Neo and neo is slumping off a little bit now listen. They're all tradable. They really are I want to build up as good of a list as possible So even for right now i'll put at least I guess lee on our list not as much the neo so So far we got shop. We got woof. We got the xpev And we have the lee trade All right, catch my breath here in between and otherwise honestly You got to try and skip around because you got a couple of cheapies a couple really expensive stocks R. A. D. I ended up having a nice gap up earlier from this morning um Kind of a rugged chart Not really much looking great here so far. I I think there's gonna be a lot better trades skip over it bbw at the high but the order book pretty thin no need to follow that right now. It's just a waste Hmm now here we go It's a waste because we could be spending our time following a much easier trade on the eyes like kc You know, hey, is this gonna pop up 50 cents a dollar? One can dream but if this can give us 15 20 cents, I think that would be a home run Um, so yeah kc looks pretty strong right now pushing over three already held it as support a moment ago It seems and it's still trying to push up higher here I think this is also a chinese stock kc not like an eevee eevee company per se, but Uh, that's been moving with the china market here and there Hu ya I know is one as well You know had a nice morning so far in afternoon, but kind of slumping off a bit for right now Got to be very uh picky right now at this point folks. There's just so much that's up even outside But like the china stocks there's like what number 50 here is up number is up like 11 percent So i'm going to need your help definitely more than anything You know wayfair wayfair making a pretty good dead cap bounce at least across the mid-afternoon Had a nice, you know pushing the after hours last night just very staticky after so Uh, thankfully be avoided this most of the day and you know right now I got to say it is making a much better play for us right now It's probably more of a level three or four stock in terms of how we categorize it, but um You know what? Hey, if you know what you're doing here on a stock like wayfair Then I'll put on put it on our list for you folks Looks pretty good pretty active look for more of a you know support build over time perhaps at 35 You got the billy trade bi li Point back right now. This has been a really good stock to trade the last two three days So, you know, hey, if you did well on the stock recently then hey, I'm sure that you'll be more inclined to follow it Just making that pull back now at this point kind of similar to the neo. It's not like Pull back now at this point kind of similar to the neo. It's not holding or sticking as well to the highs All right, so with that said let's just hop over to the loser's side right now when I say I'm out of breath I really tell you I'm out of breath. You know, I talk fast, but with that I've had like 10 minutes today since 9 30 eastern time All right, so let's see what we have here folks There's a lot that's down big here to uh, too No, I'm sure a couple of that are like inverse ETFs like uvxy sqqq. I'm sure they're here somewhere Cheapies otherwise like 50 cents or 82 cents or 11 cents here Not much that's easy to borrow on top sldp Not much there Little expensive crwd had a dead cat bounce as the markets ended up moving from Powell And then here are some of the inverse tickers like s o x s sqqq Not gonna follow them All right, so folks. I mean that's easy, right? I mean the market's ripping up or holding strong right now We're not going to find nearly anything that looks good on the loser's side here Chuck's saying since the fed talk ETFs gld gdx pushing Grant will be happy to hear that He's not lying. There we go. Nice squeeze up. So you know if you do well on them Then I'm sure that you'll put them on your side list Head back to tops Hasn't really moved up too much hasn't dropped off too much I'll pass on it for right now folks if it ends up popping as I jump back on the mic here coming up after three o'clock Then you know that we'll call it out from that point But I think there's better trades to follow at this stage so far than this tops All right, let's see what else we got to wrap up here folks a llg is just from from my benzinga screen here That's not looking too great. Although it's at the highs I don't really have much else at least from benzinga. We'll check out some sideless stocks here like the cruise lines airlines Uh, geez looks like nc lh shirt pulled back Shopify here's our bounce 40. We knew we were looking for this Let's see if 40 could become that support finally that we wanted to have right Easy setup and I don't like to curse that often folks don't drop the e-word here in the chat board Sandy on youtube welcome aboard sandy asking here. Do you think xpev will continue? Upward, uh, well, you know, there's a lot that plays into that Normally the china markets aren't going to be as strong at this time of the day compared to the us With that said though given how much the spy's pushing up then All right, so sandy asked that question at 242 eastern time for those keeping track live This is uh currently 247 So I came to this question a few minutes late sandy. I think we're getting the answer right now, unfortunately Right, I mean sometimes you just come to a question afterwards and you kind of see what happens from that point But um, you know, it's to say at least if the markets continue squeezing Then there is a great chance, but this is not as good of a sign at this stage and that kind of uh Kind of verifies but I just said a moment ago without the china markets Don't hold as strong at this time the day compared to the us So that definitely held true there, but um, you know, listen if you're in on the xpev trade from right now We're from earlier still looking for that high or high. I'll bring up book map one more time Got a little extra time here folks See what we got so now mike we're bringing up book map now for you just so you know, um Yeah, I mean hey This near four million share print at 1016 that has to be a big support to follow at least across the afternoon Um, otherwise though, should it look to just kind of hold within this channel then that's right around like 10 40 ish 1041 so I'd really respect this though more first And then see what happens really if it ends up holding from this point and squeezing up then Focus on your next big volume level and that could have been even from here after two o'clock Probably right around 1070 1072 Uh michael saying here peloton continues its upward path and that's been a good That's actually been a sneaky good trade lately It's good sideless stock day to day and it's really been on a nice tarry. Yeah, it's at the highs So it's hard to ignore the stock really right? Pt on good call Definitely good call Might have a short. I don't know. Let's see abcl. I'm getting a ping right now. This stock's tanking Whoa, look at that How about that for a little live, uh, you know call out right there We just saw from my benzinga pro. I saw the stock down like 15 percent the last five minutes. It was down nine percent on the day. I'm like, that's not right Yeah, this thing took a huge hit just right now from 14 down to 12 $2 haircut. Let's see what happens here on this trade I'm just going to jump on to benzinga pro right now and get the news To which there's none Right now. I don't have any news headline for this abcl stock Actually headline from november 16th Truest securities initiates coverage with a buy rating announces a price target of 29. I bet they're not happy all right Chuck saying xpev in from 1050 wrote up listing during the meeting so that uh drops so out at 1055 Nice exit there chuck good All right. Well, I'll tell you what hey, we don't need news in order to trade a stock But you know, let's see how this fills in a little bit more on level three and level four I'm going to put this on our list. It's definitely volatile enough interesting enough But I want to see the order book fill in a lot more here the spread to tighten up before I look to consider to trade it All right folks. So with that said Sheesh, I need a little bit of a break So I'm going to be back on the mic folks for all of us inside the live trading room coming up 310 eastern time 310 I'll be back on the mic and then I'll be good to go to take us all the way until the market closes But for all of us on social media facebook live or youtube I appreciate you sticking with us each and every day and for myself each each and every afternoon Hey, if you have any questions before joining us inside our live trading room feel more than free to send over a quick email Josh at c2trading.com is my email address So again, I have also a couple more I have to get through from yesterday as well So I've been slacken since my vacation ended up coming back just getting stacked up So I've been trying to cut through it and I think by tonight I should be fully good to go and caught up But now I just wanted to make that known because a couple of us I know are expecting a response back and I'm going to do that coming up as soon as the market closes today But hey, keep them coming coming folks Josh at c2trading.com if you wanted to join us inside our live trading Trading room that is just go right down to the link on the yellow banner below to sign up I need a break. I gotta fill up the water bottle. All right folks aside from that I'll be back on the mic here at 3 10 eastern time for all of us inside the trading room talk to you 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 $9 Do it today