 All right separate traders. Good morning and welcome on back. Of course This is not Fausto, but for all of us on social media at least Facebook live in YouTube My name is Josh Leviton and welcome on back here this Friday morning June 18th shortly after 9 a.m. Eastern time great to see Everybody and of course for all of us live inside the trading room Michael Allen Grant Patrick Debbie Stefan Ray Norman all our students of course live inside separate welcome on back So you know without further ado, let's hop right into the into the thick of things for anyone on social media rather Allow me to say you know Fausto is actually out. He's attending his son's graduation this morning Yet set his younger son. He didn't inform me if it was Alex max or Lucas. So Congratulations to Fausto son. He'll be back later on this afternoon though. Nonetheless, though Let's hop right into it and you know, I'll tell you I didn't really know how to start things off this morning Because there's nothing to really talk about That's really it so, you know, we're coming coming off the Fed meeting this week Things have been slow within the market and I had that in mind. So I said, let me go back on the five-minute chart here Let me look at the spy and this actually catches my eye. It's a pretty interesting pattern So, you know what we're gonna start on this and For all of us live inside the trading room How about this one for all of us that were a part of the phase one stack course this week We actually just covered this pattern to a pretty good degree looking at the SMP ETF You're the spy on my five-minute chart for the most part. I mean, this is a pretty clean pattern What does this look like? Maybe you can call it one or two things perhaps, but otherwise This is a pretty clear pattern on the five-minute chart for the SMP ETF I want to see if you folks can get it here a couple of us saying pennant Randy and Lynette, but I see Debbie saying inverse head and shoulders. That's exactly what I had in mind So really quick. I don't know just food food food for thought Perhaps if that actually holds and you know, we end up seeing a bit of a move up after the market opens It would be interesting to follow some some sideless stocks Perhaps, you know, maybe like the Palantir is the world who knows maybe the reddit stocks will move back up You know in a healthy market, but we'll check back in with those stocks in just a moment But you could see the shoulder the head the whole the shoulder. I don't know thought that was pretty interesting But nonetheless though we have torch here going into the market open I put this on our pre-market list They opened up the trading room pretty early today and ended up putting this one of just few stocks on the pre-market list Like, you know, otherwise aside from that like, you know pattern There wasn't really much for me to start with here going into this meeting So, you know torch ended up making a bit of a drop-off from yesterday from the day before It was a big move from the end of last week and going into this week So for what it's worth. It's trading 1.3 million shares right now It's not up a whole lot But you know, I don't mind just like slipping this on our main list to begin And if we end up like having a really big list I'll kind of kick it off if it doesn't really look as good compared to the others But for right now like why not the stock has a tight spread good liquidity on the book It's likely going to be one that we would call out anyway That's what's like kind of where I'm getting to it's cheap So for right now, I definitely will put this stock on our main watch list for the meantime Alright, so as stock otherwise I want to get to at least then we'll really go from top to bottom It's number four on the gainers list But it's starting to make a bit of a move up right now and I'm a little pissed about that But you know the AMPC stock I mean for what it's worth again This you know pre-market was very flat slow not a whole lot going on some false pops and nothing I was really a big fan of so I was starting to line up my charts here and you don't see it on this screen It's on the other monitor But I ended up putting a whole bunch of lines on my AMPC chart, you know five five fifty six There is a lot of volume filled off of 508 509 in particular and that's why I called out live inside the trading room All right. Well, I jumped in the trade. I ended up going scratch on my first trade I got in right from 509. It wasn't going anywhere. I didn't want it to break down on me I just said whatever and just just break even no problem. I Jump back in a 510 because I saw it right away start to move back up And I was like, I'm dim alright, it's gonna make the move up So I jump in and again, it doesn't go anywhere and here we are now So for anyone that follows me in the afternoon meetings here at least on social media You know that like I don't like to look like a jerk You know holding on to a trade as it like makes a big move up big move up then big move down You know, I don't like to waste a profit at all, but you know nonetheless on this trade I just said I'm gonna go into this meeting without any trade scoop, you know here and here we are I would have worked out at least but you know for right now AMPC I'm a little afraid of what the float is on the stock I can't really tell I don't really have a number, but the stock just trades low volumes stock trades what like 500,000 shares per day less on average So for right now trading 6.1 million shares, it could be very well exhausted out It's only up 20% at the same time We see stocks that are like moving this much or you know trading this much volume that are up like way more So, you know, perhaps there could be more to come after the market opens up on this stock But yeah for right now, we'll at least put this on our list So those were the real two that I wanted to talk about nothing really from yesterday Like ended up making a big great move. Nothing that was like, you know refrigerator materials so to say We have from Trent asking top picks today. Well, we're gonna get to that just right now Good morning as well So, you know, I wanted to recap one or two things at least but otherwise here we go So we're gonna go from top to bottom. This was already number four like, you know, whatever three four here CAI I should just skip over right away. It's a buyout. It looks like just very flat here after the spike up So that's my assumption. Just, you know, I'm not gonna trade it As why KE could be the same thing very flat as well only trading 75,000 shares those so far The UTME trade I also put on the pre-market list. This was like one of like three or four like I said So let me get the news on this stock because I actually forgot to report to you folks the news on that A&PC stock I actually had it up on my Benzinga Pro Looks like first disease treatment patient news for A&PC there. I don't know what I Guess in regards to a cancer treatment project, that's all they list there But for UTME, let's get the news on this one at least it's up 20 plus percent Oh Man, of course for this one. It just it just says no news to justify the price action I swear, that's too funny the one. I didn't report it first. I wanted to give you the news on this one I said, all right, I'll make it up and there's no news on this one Benzinga specifically says no news to like justify the move or price action. So nonetheless, hey, it will take it though I mean, it's trading just three million shares just about it has a 3.75 million share float so if the stars align if smart money wants to push this up after It's gonna be for a fast move and it's gonna be for a quick move too So what I mean by that is like fast in the sense of moving up very quickly per minute But quick in the sense of short-lived I should rather say so, you know, this is the type of stock It's gonna be like a pop and drop type of play you could just see from the last two days You know did exactly that so it has a lot of volatility It like reminds me of ORPH a lot and we'll get to that as that's like number two on the losers list But for right now, I'll put this on our main watch list so far the UT ME stock Again, there's not gonna be a whole lot really that I'm gonna be a fan of here so far across the gainers and losers And that was one of them at least so far early and this one was probably I think the last one also GERN Jern and this one at least I'm more familiar with just over the years We've traded the stock off of news and pops and so forth. It's had a tight spread It's always been like a cheaper stock between like, you know, one to five bucks or so. I can go back more I'm not gonna but just take my word the stock at least has always been relatively inexpensive had great liquidity on the book even more now than ever it seems like but Yeah, for right now, it's up 15% it popped in the after hours still pulling back down So you might have to wait a little bit for support to build perhaps even perhaps even off 150 No, it's trending down leading into the market open. So even if it pops after 930 Don't be surprised if it pulls back down lower So this might be more of like a late morning early afternoon move and if not then we'll just react to it from there But you know, just follow the trend leading into the open that I say that for any stock. So You know for right now, this is definitely more of like a level one stock for anything You know, like any of our new students looking to trade a slower stock This might almost be too slow, but you know on the spectrum. This definitely is like the slower side So this on the flip side, I mean needless to be said EDS a so, you know, this one again, like we kind of put on our list I think that was pretty much it right be a germ UTME am PC and torch those were the So this one didn't make the pre-market list. I called it out right away after that was it So, you know, this one ended up making the pop shortly after eight o'clock I put the list out early ended up pulling back down though as you could see So it's not making that great of a move right now again And and you know looking at the daily chart you could just see like history repeats itself here on these pops You know, these are definitely like the pop and drop types of stuff pop pop and drop type of stocks here that you know Otherwise you want to hold overnight. So, you know, for right now, we'll put this on our list It's a day trade EDS a Hopefully the spreads fill in more the order book, you know fills in more. All right, that's it That's it from pre-market at least there's nothing else. I'm gonna say that's like, oh, yeah That's what we looked at in pre-market that that's like all we had METX not much going on there EDU was from yesterday So the stock ended up making a big drop off over the last like God knows how long but you know I was saying only just be careful around eight bucks I think I'd mentioned from yesterday or that may have been you may have been even from the day prior But you know ended up dying diving off after the market opened up yesterday at least and for right now It's getting that push back up again So, you know, could this be the squeeze could this be the day where we end up seeing the shorts begin to cover going into the end of the week We'll find out but uh, you know for right now EDU still fairly active, you know only up 4% but 780,000 shares traded so I don't want slipping this on our list specifically this and the TAL will trade together I'm gonna put this on our list whereas TAL might not have as much volume on the book So, you know just you know one over the other All right, Randy look at you man. You TME he ended up catching 30 cents on that trade right now He got in from a 1951 live inside the cyber group room excellent job. Randy. Let me go to the trade again Got time Oh nice ended up kind of building up right higher lows pushed up and essentially broke above resistance from the chart I don't have my level four up for the trade but pretty flat right off 1950 So technically off the slingshot from 1950. It's beginning to move up a randy at a good price got in right from 1931 excellent All right, cool. Uh or ph we're gonna hop over to the loser's list here folks or ph moving up But this thing got clobbered overnight. I mean this thing's like a roller coaster Every day this thing like pumped up dropped back down pumped up dropped back down. I just So We're gonna put it on our list. It's a day trade, right? I mean it presents great opportunity stocks down 49 percent still So why can't the stock pop, you know a dollar two dollars try and fill the gap there a bit? I mean it ended up making a very similar move if not mistaken yesterday, no Caught the south off 13. Yeah, that's right. We caught this exactly off 13. I left a Fortune on the table. I got out at 13 55 But you know stock ended up flying right back on up. Holy smokes like moved all the way like back up instantaneously So again presents great opportunity if the stars can align for right now the cheaper it gets in my opinion And it's not a constant rule of thumb But you know, it's just one that you want to kind of look for where the stock drops in price more and more You'll tend to see the liquidity kind of fill in here on the order book more Compared to how it was trading back when it was, you know, a 15 20 dollar stock the last two days 75 dollar stock here, but uh, yeah or ph definitely A THA got clobbered here to a pharma company So you'd assume like bad pharma news like bad drug or you know, maybe not FDA approval If i'm not mistaken and you know for anyone live inside the trading room You folks correct me if i'm wrong because I know I posted the news earlier It's going off the top of my head. I just want to kind of finish up the meeting here But A THA, I think it was that the CEO resigned or he took a temporary leave a sudden temporary leave and I mean if that's the news alone man, this thing got really hit 42 plus down stock is shortable too. So, you know presents great opportunity both ways So if it ends up providing more on the way down We could try and short it otherwise for as much down as it is, you know We could try and begin to look for a dead cap bounce at some point after the market opens All right, so let's see what else we got here folks 9 13's the time making a quick good. I'll tell you not to be lazier. You know, I'm just kind of skimming through I know it at this point. There's nothing else really from this loser's list that looks good All right, so folks, let me know if there's anything up down left right more than 5 that you would want me to Look at check out just before we finish up That ampc trade pulled back back down to my 508 509 Actually bounced right off there Or ph is pushing up actually right now It's making that squeeze as we speak the last two minutes So it's already on our list just wants comments on it Good gaff feel opportunity. That's for sure at least from the overnight drop All right. Well, I'll tell you I expectedly so I got nothing and that's true I mean we have a lot of us joining us on social media today facebook live on youtube and again I appreciate you folks sticking with me each and every afternoon But of course here in the morning covering for Fausto He'll be back just on monday again for anyone joining a lady. He was attending a son's graduation here this morning So just subbing in from here. All right, so I'll be back in for you folks At least going into the afternoon for all of us in the trading room. Wendy pat I'll be talking to you later grant ray and all of us live otherwise I'll be joining you folks just coming up at 9 30 here. All right. I'll talk to you soon