 All right, Sauber traders welcome on back here this Monday, April 5th, shortly after 2.30pm Eastern time. Welcome on back here with our afternoon meeting. I know I'm good to go live for all of us inside the trading room. Hopefully I'm good to go for all of us on social media, Facebook live, YouTube, welcome on back. Let's hop right into the thick of things. We ended up seeing a really nice trade here on the AMC, at least after the market opened up on the long and then actually provided as a pretty interesting short opportunity. So I want to start by discussing this trade. If you folks followed me from this morning's meeting, you know, we had AMC on the watch list. It was one of probably seven. So, you know, not too big of a list coming off of the Easter holiday, coming off of Good Friday market closed from last Friday, that is. But with AMC, we ended up seeing news come out early. The news out, I think, with some firm ended up providing an upgrade, a $13 price target on the company. You know, we're not always going to just, you know, throw a dart on the wall and hope it lands in terms of seeing the stock run up to the projected price, right? In the past, over the last week or so, we followed a stock, a couple of them, but one in particular that stands out to me, it's not his name, Bran, but Seal. We ended up seeing on two separate days over the last like month or month and a half, you know, companies addressing like a $15 price target on a $4 stock. I mean, that's pretty unordinary. So, you know, in something like that, you would definitely be more jumpy to try and trade the stock directly for the news that's out. With AMC, you know, it was like a $10 stock, of course, the time that the news came out or popped up to $10, I should say. But again, we're not expecting this to hit $13. If this can go up to $10.50, if this can go up to $11, that would be great. So, it's a matter of catching it from the right level, right? You know, you would assume $10, big breakout from $10, but this ended up providing a tough time if you tried like assuming a clean pop right away from the $10 resistance. The opening print on this trade was at $10.12. Really quickly, I could probably show you that not on the time and sales even, but on the matrix. Watch the volume bars on the right side. This would be a pretty cool tip. I mean, $10, you assume that that's going to be a big volume-based level anyway. So, throughout this whole day, we've had a ton of volume traded off of $10. But look at $10.12. $10.12 is what we would call the opening bell print. You could just tell from that spike right there that at a minimum, there was a lot of volume traded directly at that price. So, I'm going to put a line on the $10.12, or I'm going to put a line on $10.12 here on the chart. You could see at least after the open a false breakout. And then on the next attempt, bam, ended up making the big breakout that we would have hoped for. From there, moved up steadily towards that $11 level, next whole number resistance pop and drop from there, of course. But, you know, going into the mid-to-late morning, I mean, I was still bullish on AMC on the way up. But on this trade, though, I ended up noting, and this was probably more from the five-minute chart, but I could do the same thing here. That's pretty much what I have on my main trading platform on my other monitor. So, off the pre-market highs, AMC was so active early this morning. I had this, I probably had another one here, too, if I'm not mistaken, off of these highs. And, you know, just as I kept seeing AMC move up, I'm adding two and two together. You know, timing of the day, like 10, 30-ish, 11 o'clock, this thing's still pushing beautifully up. At some point, this thing's got to come back down. So, I ended up watching this right from the 11 level. I ended up shorting it not from there, but from 1086. I missed a couple of good opportunities on the short, but a couple of us here in the trading room caught them. I ended up getting it right from the big break right here. This is not where I got in. This is where I wished I got in from. I saw this drop without me. I was, like, clenching my fist right there, like, ugh. So, to see it move back up, I was waiting for my next opportunity. I didn't base my entry around this line or anything, but it was a matter of seeing this make a lower high, hold off 1090, which was, you know, also a pretty big level over time. I got filled to 1086 and dropped off beautifully at the time towards 1060-ish, 1065, much lower, of course, right now. So, heading into the afternoon, my only issue on AMC is that it could just be a little heavily traded. Definitely it's heavily traded, you know, 82 plus million shares compared to its average across the last, like, 50 days. It's not a whole lot, but that's also factoring in all these, you know, pretty big volume days from late February, early March. So, otherwise, I'd just say it's pretty flat, not a whole lot going on. The momentum's lost on the way up, lost on the way down, just in this tight range. So, I'll keep it on the side. I mean, we did really well on it from the morning. You don't want to fall in love with the stock too much, though. So, the AMC I wanted to start off with, because actually, myself and Norman, we both got out of a couple of good shorts just before. Like I said, he was in from 1075 or 1073, still picked up like 24 cents or so. Nonetheless, though, we did well on AMC. We also did well on the CEMI trade. CEMI ended up making a beautiful push early in pre-market. And I was pretty hopeful to see this make a nice pop at some point in time, a nice, you know, run back up. But as much as this looked great going into the morning meeting, it started to fall off right when I started the broadcast. And with that, well, it was a pop and drop, ended up providing a really good short at first. Ended up dropping off roughly from like 550ish, 560, and went all the way down to like basically 5502. Held off there pretty nicely. Now, I have the line of 530, because that was actually a pre-market level that we ended up entering from early in the morning. Myself, a couple of our traders, I think Ken, Kathleen, ended up getting in right from the 530 price. You know, a lot of buying came in from underneath there. It held under that price in pre-market. We caught the pop. That's what we talked about in the morning. But I bring that line up to you now because look what happened going into the mid-morning. You know, it held under that price pretty nicely, a false breakout perhaps here. And then on the second go around, history repeated. So this 530 price is really strong. And, you know, I would say if anything, if AMC is heavily traded, look at this thing. 227 plus million shares whereas prior to today, this stock traded on average, less than a million shares on average. So this is really exhausted, this one. But I mean that more on the way up, right? I'd imagine there's probably more room on the downside compared to the upside for this trade given the amount of volume traded at this point. So I'm thinking that it could be possible to see this drop down to 530, drop down to 520 perhaps even, and maybe catch a bounce from that point. I just think that it could still provide an opportunity. Maybe like alongside AMC, I'll come back to this at the end of the meeting. You know, we'll go from top to bottom right now, see what else is looking pretty good going into the close. Then we'll go back to those two perhaps at the end. All right. So with that, the XELB, still our top percent gainer, ended up making a huge breakout after the market opened. I thought Kathleen called this one out. If not Kathleen, perhaps it was Norman. A really nice squeeze on this trade from like 240-ish, 235, broke higher from there, ran all the way up towards a high of over 4, came back down pretty sharply though. Just like I'd said before with the others, this is really heavily traded, already made a pump and dump. Can't look to short this on the way down. So I'm not as keen to put this on our watch list as I am like the semi-trade here. ACY, same thing. I was really not interested in trading this going into the morning, folks. I knew that it was active in pre-market. I don't even think I covered this that much for you just because I knew what would happen. Yes, it moved up. If you can catch the pop early, God bless. But there are just much better stocks to trade, easier stocks to just get a grip on and just think what could be more probable than not. I mean, the best thing to do on a trade like this is if you miss out on the initial breakout, you just move on to another stock. You just don't look at this because this got halted what, like three, four times on the way up at least and then I just see a few times on the way down. Kind of like we did at the end of last week. We'll do a quick little game of count the halts. Got one, two, three. This is down one, four, five. Jeez, six. And that's it at least for there. I think six halts so far on this trade today after the market opens. Yeah, it's just definitely not worth watching for the afternoon. I'd probably just skip over this the next time that you happen to see it. It's more noise than anything. DYMD going to skip over. I'm going to just go through a couple of these pretty fast. Grow. This one's pretty interesting. U.S. Global. Is this a fund or is this an equity? Class A stock. It looks like, yeah, it looks like an equity. Made a nice breakout over nine here. Topped off at 950 on the nose. Thin order book. It just feels like this could be some noise too. Although I do respect the pop and the move up heading into this time of the day. Maybe I'll come back to this. I just think that there could be better. I say that so far with no stocks on the main watch list. I have two on the so to say side list. I'll get back to those at the end, but got to find a pretty clean opportunity here so far. We have nothing on our list by the end of it. Stick with Semi and AMC, I reckon. MOXC. This ended up making a nice little squeeze up earlier. I just feel like the foot's taken off the guest pedal for this. Leafs a buyout. Skip over that right away. Our crazy NNOX stock. This one ended up taking a huge hit after the market opened. Damn, I took my eyes off this right away. I told you during the meeting, I was like really emphatic about it. I told you what to I was starting off with. Semi and AMC, I stuck with those through the whole day. That was it. They didn't really provide me any room to take my eyes off them. So this NNOX, unless if you're able to get the shares to short, would have provided a really tough buying opportunity, maybe aside from the squeeze from 50 here initially, but ended up breaking lower and just not really that worth watching now. All right, we keep it moving. We had zero stocks on the main watch list so far. I pride myself on that because normally I'm at like seven or eight so far on the list. BTU. CDXC, kind of a familiar name. Damn, got nothing here, folks. I guess there are a couple of them. I maybe skipped over Vuzi. So let's make a nice move up from earlier today. So Vuzi still at the highs of the day. There we go. We got one, kind of a thin order book, but already broke out over 28. Look to see if we could re-break above 28 coming up pretty shortly. The other one I had, what was it, Mara? My stance on this, though, probably be a better short opportunity at this point. All right, we'll hop over to the losers list, see if there's anything looking better. M-T-E-M, shortable. I don't know what the hell happened here. Got crushed after the open. Just kind of fell flat though, heading into the mid-morning and really up until now. It's ACAD. I like the liquidity on the order book, I don't like the chart. Folks, we got one stock on our main list. That's it. This TMDX is taking a big hit right now, or at least heading into the afternoon it dropped off nicely. Just super big spread. I know my stance on that. I didn't mean to click this, meant to click CAN. And with that, I was going to bring up my Bitcoin chart. So we ended up seeing Mara. We ended up seeing Riot make some big moves up today. The Dow has been flat today, at least across the afternoon, but up 400 points. They ended up dropping off after the market opened at the lows right now, and one that we are pretty familiar with. So I guess that makes two. We'll put on our main watch list. Let me just get news out for CAN, see if there's any bad news or bad press on CAN in here. I know EBON took a big hit today. That was the one stock that gave me a tough time today, pretty surprisingly. Did well on it last weekend today. Just not really a good buying opportunity. It took two losses on that. I got no news on CAN today. That's the headline relating to this morning on CAN. But hey, at the lows of the day right now, we'll definitely just put this on our list. For right now, I'll just drag up the Bitcoin chart just to show you a little crypto minute right now. So really quick, just show the one hour chart here across the last few days, from the end of last week going into this week practically. You know, ended up making a nice little push going into the end of the month. A little bit of a drop going into Easter practically. But today, a nice squeeze back up, and you know my stance on Bitcoin long-term. And for anyone new, I'm super bullish. So, you know, it's been kind of having a tough time making another clean pop or breakout. At least, you know, here we ended up seeing a nice pop and squeeze, but it kind of fell flat after there's a drop. So really, this is our first instance back over all of these different EMAs I have here, the 50, 100, 200. And with that, I'm hopeful to see a nice squeeze up higher at some point very shortly. It's been a little bit of a consolidation stage here. With a consolidation stage and should I be right with a breakout, that breakout should be bountiful. So, you know, we'll be patient, we'll wait and see. I'm pretty surprised that another name brand company or CEO hasn't really come out like Elon Musk has with Tesla to put a good portion of their treasury into Bitcoin. But that makes that much more exciting because, you know, my belief is that we're going to see a bunch come out relatively soon if not, you know, right now. I'm sure across the remainder of this year we'll get some big names and big companies out there. But nonetheless, with Canon right now at the lows heading into the end of the day, you would like to think it's going to break lower, but I always say this with all the crypto mining stocks, they never really make a second big move in their continued trend heading into the afternoon. So with Mara, I wouldn't have expected a second big move up heading into the close. Market's pretty flat anyway. And with Canon, I mean, it looks interesting on the short side, but if it makes a false breakdown and move back up right over 19-20ish, 19-25 where it's at now, then I'd expect a dead cat balance and a squeeze from there. There we go. So there's a breakdown below 19-20 perhaps there first and we'll see if this ends up moving right back above it or if it drops down closer to 19, you got a 55,000 share order on the bid. So, you know, it would seem likely to have that fall closer to that order on the bid if not false break that and then we'll see where it goes. GSX took a hit today. Wow, I see this stock in the sub-30 now. That's crazy. I was going to say insane, but in Insanity is the definition of doing the same thing over and over and expecting a different result. With this year, this is not Insanity. This is just straight craziness. This daily chart over the last year and a half seeing this run up from basically 4550 up to 140, back down to 50, back up to 140, back down. Look at where it is here. So, you know, just keep a good eye on this. Now that it's getting closer and closer within our price range, you can see the spread starts to fill in a bit further. The order book I should say that is, you know, maybe it could be a good sideless stock at some point. Maybe, you know, tomorrow perhaps. All right, let's see what else we got here, folks. Another crypto stock taking a big hit today and I guess this is not too surprising. I talked to you about this just a moment ago. Didn't show the screen, but the EBON stack. I took two losses on this trade today. The only stock I took losses on it. I think it was a 7 cent and a 9 cent loss respectively on this trade, but the news that came out, it definitely is justifying this move right now. So, the news that came out, it was from the end of last week, right? I mean, there was news this morning even. That led to this pop in the pre-market, but the news out otherwise from the end of last week, I think it was a common stock offering and they set the price at like $6.10. It never came close to that price going into the end of last week, Thursday that was. And with this, it's getting the drop closer to 6.10, I should say. I don't know if it's moving directly with CAN or the China market or all these other China stocks that were dropping off from earlier. I know that NEO is dropping off quite a bit. IQ was dropping off at least from before. TME, so I'm all drop. It looks like they all made a bounce except for that EBON stock. So that might be on the way down to 6.10. Jose Liveon aside, our trading room says the XLB is moving back up and it's starting. Yeah, it definitely is starting to. Perhaps we'll call it that second gust of winds, the second chance to move up here. So if you're in from right around 3.25, 3.30-ish, roughly from that range, then honestly, I'd look to take a profit soon. It's very rare to see a stock pump and dump and then make a second big move up higher. I know that a week or two ago, I egged my face, I should say. I ended up calling out a stock that said it wasn't going to make a big pop and lo and behold, it did. But that does not happen too often. To see a stock already pump, dump, and then make a second big move up after it had already dumped off. To see a stock like Vuzi at the highs of the day, it's easier to anticipate momentum to carry that upward in its direction. So for right now, I definitely will put the XLB on our list. I'm hopeful to be wrong on that. Just don't be surprised if I am. I'm seeing this trade from a lower price, the XLB that I'm sure that you're doing pretty good right now on that run. So Norman with the UEC, I don't have anything else from social media and then this will wrap it up just about. Yeah, this UEC looking pretty interesting here. I clearly skipped over it. So yeah, I mean, beautiful push up to the high of the day. Level one stock, I'd say. Looks like this ended up making kind of a squeeze up back on 316. Ended up topping off right at $3.67 there. All right, I like this call definitely. UEC. I'm just checking my Benzinga Pro right now. I don't have anything here. Nothing else that looks too good.