 Greaters, welcome on back here this Tuesday, May 16th. Shortly after 2.30 p.m. Eastern time, welcome on back here for our afternoon meeting. Great to see all of our students and members rejoining us. Kathleen picked up some good money just before an XELA. Great to see that. Great to see Kathleen as always as well though. Great to see Ravina here too. And the rest of us just joining us on ahead though. We had Bill before, Jith here, Ron, Dave, and all of us just joining us as well. So with that said folks, let's hop right into the thick of it here. Today is actually like my second favorite type of day when it comes to day trading. What that means is that really my favorite type of day when it comes to day trading is really when the markets are crashing. Because there's always something that's making like a bit of a move up going against the grain where we could easily look to long at actually, it's kind of making its own move on its own accord. Well today, hey, it's my second favorite type of the day. The markets aren't exactly tanking just yet. They've been just completely flat though, completely flat. And with that, it just goes to show even in a stacked in market, well, hey, we could find great opportunity across the whole board. You know, hey, we have VKTX up on the screen here. It's only up 13%. You know, we've seen stocks make a bigger move than this. This is actually like making a 10th of the move compared to the Accela stock that Kathleen just picked up on just before. So hey, VKTX at least with what's on the screen here, we were talking about this coming off of our Traders Talk workshop. This got my number earlier in the morning. I was looking for the perfect bounce right from 21.39, 21.40-ish, basically we had called it out. And I took like a loss and then a break even. All right, that's not the end of the world there. The end of my world is seeing this pop up literally probably 20 seconds after I took the break even here. Went completely on up without me. So man, that was a pain. That was really hard to see happen, right? You know, I don't mind it going up 10 cents, 30 cents, whatever, I was trading it on small size given the liquidity, right? Right now, even this is on a bit of a spread thin volume out there. So it wasn't what I was like uberly ready to trade a bunch of shares of, but the more it goes up without you, well, of course at that point you start getting a little bit more ticked off, right? So, you know, it ran up towards 24, we were doing Traders Talk. I came off of Traders Talk, I'm like, oh my God, missed out on like two plus dollars on it. Well, hey, coming off Traders Talk folks, a little extra Traders Talk content for all of us on social media here in particular. So 2390 became as important of a level throughout the late morning early afternoon as 24 was. I was on a coaching call with one of our students earlier. I took a small loss. I was in from 2390 here and then I got out at like 2379, I think it was. It was like a 12 cent hit on small size. Well, hey, the more times it can knock its head on that resistance, you'd like to think there's a very good chance to see that better move, the move that you wanted at first. So let's the reentry, let's the run up. So VKTX aside from the like low volume stuff we had in pre-market, this technically speaking is at regular session all-time highs, regular session, not pre-market. There's a little stuff here, pre-market. You know, it's just to say at least, hey, right now it's pulling back a small bit. It was a good time to take the money off of 25 or at least part of the money off of 25, 2480-ish. You know, just to at least get some out and then maybe just kind of hold the second half for fun. But yeah, for right now, I'll put this on our main list going into the close just in hopes of this popping higher. So hey, we had the VKTX. We had the mixed trade here actually otherwise. We talked about this also in the Traders Talk workshop from earlier. More so it reviewed the move that we had from after the market opened up, the pop and the halt. Well, hey, on a halt, especially coming into the first one or two minutes of the open, you know, no one here in our trading room was really in that move at the time. Like right, like you're not trading the first minute. I wasn't, it's very rare for me to trade the first few minutes. You know, it's just that here popped up suddenly without us, it ended up running up or gapping up rather up towards 250. But the telling point on this trade is the fact that we ended up seeing like two a sheer hold of support prior to the dump off. It led to a great balance at the time. We went over that also in our workshop earlier. Well, now at this stage, what goes up comes back down. We expect that, especially looking at what happened here on the daily chart. I mean, just across the last six, seven years, the stock's been taking a huge hit, lower high, pulling back. So maybe over time there could be room for day over day growth in terms of a short squeeze. But once this gap up happens and it makes lower highs, like this year is not a surprising end result. All right, so I'll tell you what, I kind of skipped over the Accela trade. I was kind of just looking to go around quickly at first, but really we'll just rip it from top to bottom here, otherwise the VKTX is still on our list. The Accela, now this looks like a really healthy chart, right? Take one look at the daily here, right? This stock just from the last year is tanked. Reverse stock splits factored in. Splits is in plural because that's probably the news that came out here today or from overnight, but I'm sure they've had more than just this one here. This thing has just taken a huge hit, even dating back to like 21 or 20. So it definitely wasn't like a $20,000 equity back then. Just for right now, we'll see this look to try and pump up even higher. But just like we said before on the mixed trade, when the stock looks to make lower highs and the volume peaks and it begins to wane off here a bit, that's where you have to be really careful for a sharper drop-off going on the way down. All right, so really quickly, folks, just bear with me a quick second right now. All right, cool, we are good to go. Let's see what else we have here though. The APLD, another runner from earlier today. Still pushing up heading into like 1.32 o'clock, ended up making a strong move up and over the five level, heading into the mid-afternoon, going into 1pm. Pushed off pretty nicely off of 4.50. At this point right now, it just looks pretty choppy just over the last hour, 45 or so minutes. I feel showing better direction towards the highs as we're talking. I'd probably be more inclined to put it on our main list. Oh, shoot, I didn't even realize. The stock is easy to borrow right now in trade station. Are you kidding me? Wow, I mean, hey, they're probably gonna be making a lot more money by having it listed as easy to borrow compared to having it listed as hard to borrow because most people probably won't make money on the short. But that's not gonna stop us from trying to ride the stock, not just on the way up, but perhaps here. Hey, if this could hold under 5.45 here, hold under 5.50, or just later on speaking, that could be not right now, but it could lead to a nice pullback. It's up a lot already. And then vice versa, if it makes higher lows from this point forward, then look at the higher high and look to see trend and resume then on the way upward. All right, so we got GDC, another one from earlier today, really from like a few days ago, right? It had popped up pretty nicely, dumped off. Well, here once again today, popped up pretty nicely, up and over 7.50, up and over eight, ran up pretty nicely, but then dumped off. All right, we keep it going here though. I mean really just a lot of these stocks, unless if they're at the highs or lows respectively at this time of the day, I'm not gonna be as keen to follow it. This is at the high of the day, I'll look at it, but looking at the order book, just very thin. So no need to follow this type of liquidity. MEGL pop and drop, we saw that one maybe from like a week or two ago. And VTS, that's kind of holding its own here, liquidity not terrible, big iceberg order on the ask resistance, maybe a target to focus on at 820. You know what, for right now, we don't have a large list here for the meantime, so I'll edit. And VTS, looks like it had like just kind of a flat line here right around like 10-ish, 9-80-ish here. I don't know if it's gonna pump up that high today or tomorrow, but take a look here also on the weekly chart, 831 a peak, then also higher here at 835. So that kind of lines up a little bit more with where it's nearby trading. You know, it has to first hit that 820 iceberg. Should it break above that? I would assume a little historical level right around that last peak point. All right, what else we got here though? PHIO, X4 from the morning, both duds, both were duds from earlier on our morning watch list. Not everyone's gonna hit, not everyone's gonna be VKTX or like AI or any of the others that we were trading from before. Ooh, this IONQ's still holding pretty well. One of our students had called this one out actually earlier during the audio commentary we provide. Still holding pretty nicely here. Ran up actually higher from where we left off on it and testing eight here for right now, so definitely strong one. IONQ, look to see this break back over eight. You know, show higher lows from there. Long day of talking, folks. I was actually tallying it up beforehand. Had a pre-market coaching session with my friend Steve here just earlier and you know, I covered for Fausto in the morning. We're counting five and a half hours worth of talk time. It's like if you watch NFL Red Zone, that guy Scott Hansen, you know, always doing the commentary, that's me today. So, you know, definitely need a water breaker too, but nevertheless, we're continuing here at ACHR. Not bad, it's at the highs right now. Just wish he was trading more volume per minute, perhaps it will if he could bust through this big 70,000 share iceberg right now on the ask. So that actually makes it even more compelling. I don't mind putting this on our list right now either. Not the most lively, but good setup though if he could bust through that 260. Yeah, Cara here today, kind of a familiar name. Just wanted to look at it quickly, just kind of a dud though for right now. All right, we'll see if there's anything looking just as good, if not better, from the loser side though. You know, like we had said before, market's really flat today. I was pulling back heading into this meeting, but haven't really gone anywhere since, so. Holy smokes, what the hell happened here? I mean, it was hard to borrow, so I didn't even give it the light of day looking at this stock, but right now is actually my first look. Oh, I'm H, oh my goodness. Yeah, I mean, what goes up surely comes back down. We've learned that, we teach that all the time here. Stock made a low float, low volume pump up. If you actually go back to this meeting 24 hours ago, now that I'm recalling it now here, it's been a long day, so I apologize, but I actually recall myself saying this, the fact that, you know, what goes up comes back down, what makes the top percent gainers list one day, it's likely to dud off into the open tomorrow morning. Now it wasn't necessarily expecting down 79%, but I think that kind of proves the point even that much more, doesn't it? So you never want to hold a day trade overnight. I know a lot of us have heard that frequently enough, you don't do that, but I gotta keep proving that point because we always have new members subscribing to our YouTube channel here that are watching Fausto in the morning, myself here. We always gotta cross our T's, dot our I's. Same to be said on E-Locks, if there was another push up on this trade after the open, then perhaps you would have been more interested in it. SE, I said this from the morning session too, I mean, nice trend. It was dropping off really well in pre-market, going into the open, continued trend perfectly after the open. Just the only issue on it is that it's a little expensive and that's what makes it more illiquid than anything. There's always like an AMD out there and SQ and NVIDIA, whatever the case may be that has, more volume, more shares outstanding, tighter, spread out there altogether. You gotta watch out for that here, right? But it's easy to borrow and set the lows. So I'll put it on our main list. If you wanna buy puts on here, try and date trade the options. Probably say the same on each CMP. See, I'm never gonna skip over this stock now. Blue, BLUE, this stock's always snuck up on us and once again has today, down over 11%. We didn't call this out from the morning, dropped off really nicely at first. It was a great short. This one always like flies under the radar, flies right under our nose here. Like on the way up, on the way down. Definitely a good sideless stock. It's cheap, not like the most volatile. Got LABU here today, shortable ETF, I reckon. But in that case, I may as well look at LABD, right? I mean, we had this on the morning watch list from earlier. It's turning back up pretty nicely. So I'd rather at least kind of focus on a trade on the way up. That's kind of just my unique kind of a bias there, but so be it. We'll do, what was that one, the LABD ETF. VKTX still holding here. So again, hey, we don't need to build up a big list. We already have a bunch of good ones out there so far between the Accela, the NVTS, the IONQ, my VKTX obviously we talked about. All right, so folks, let me know if there's anything up down left, right, more than 5%, type it in right now. Type it in on the chat boards here on YouTube and social or of course inside our live trading room. Sydney's saying a split yesterday, that Accela trade. Yeah, no surprise there. I didn't really even look at the news. I just saw that the price, that was like a penny stock essentially, right, in so many words. You could say that's like a stock below a dollar for so long and now it's at six, seven bucks. Yeah, it's a split. Mike's saying a ray at the low of the day, it's down nearly 5%, good side list stock. If you do well on that one in particular, I'm sure you'll be more keen to follow it. All right, I'm gonna take a look at a couple side list stocks of my own here before we wrap up. A few of our students were saying in the chat board earlier like AI, they were focused on going into 1.32 o'clock Eastern. It's not making any good move now. I was watching it going into 10 o'clock, missed out on a good run during traders talk here actually but now at this point, especially after failing to hold a higher low here from the past peak, I don't think it's really worth our time right now at this point. So I definitely move on from the AI trade for anyone that thinks I love to stock AI if you think this is like the new Neo to me. Hey, it goes to show once again, you gotta know when to fold them, you gotta know when to just focus on something else. I did well in the morning on this trade, at least prior to traders talk, missed out on the better run but now caught the first leg and there's no need to follow this. This is going absolutely nowhere right now unless if sudden news comes out, right? That's always subject to change but otherwise folks, I think that's gonna do it here. I mean, really there's not much else that popped up on my radar. We pretty much caught them all. All right, so let me just double check here. Lastly on social, before we wrap up, we got a few of us just joining us right now, a couple of late goers here. So we're gonna wrap up right now folks. If you have any last questions, feel free to shoot me a quick email. Josh at ctutrading.com is the handle, always is. So any questions or trades that you'd wanna go over with me on the side, got a couple more I have to answer from traders talk just from earlier, but keep them coming in and by tomorrow morning, I'll have a response back to you via email. If you're interested in joining us just inside our live trading room, just go right down to the link on the green banner below the stream, just for all those joining us there on the bottom. But for Dan and Sidney, oh Dan, I appreciate the kind words, my friend, thank you so much. Dan's saying, by the way, nice work on the book map webinar series that they conducted yesterday on their YouTube channel. Hey, thanks for the reminder there, Dan. Last call actually on that, for anyone alike on social or inside our live trading room, if you missed out on that, join Bruce and the fine folks at book map on their YouTube channel there for a nice webinar tagging in for Fawcett yesterday. Actually, I'll post that inside our YouTube stream right now as well. So if you wanted to take a look, you can actually go right to book maps, YouTube channel, bookmap.com or youtube.com forward slash book map. But with that though, otherwise I posted the link inside that chat right there on YouTube. All right, there we go folks. So I'm gonna need a water break, but I'll be sticking around until 3.30 as always. And then Rich will be on the mic taking us going into the close just from three to four PM folks. All right, so we'll chat with you all coming up pretty shortly. Take care.