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Watch Day Trading Live - December 2, NYSE & NASDAQ Stocks

Mar 31, 2024
Numbers are here to make sense of this exchange. I just want to see what happens, it's Friday, I could easily get there. in that bump once we open back up, so I feel like this is a strong position. I like the trade right now at AMC so I'm going to stay here for a long time and hang in there and see if we can make it this far. Good man, uh, in this name, good move yesterday, let's see what happens later, but well, I mean, it's hard to disagree here with that eight dollar fund temporarily, um, but yeah, yesterday was a good move for AMC.
watch day trading live   december 2 nyse nasdaq stocks
I really didn't understand much. We had it and then we left. Don't know. My trade will appear here on Nad's, not so yesterday. Sometimes we had some exchanges if you shake it it appears, but not today, so yeah, yesterday there was a big movement and there's the end of eight, so you know we took a lot of time there , it makes a lot of sense to trade support and resistance. sometimes

trading

is a little bit easier than we think when things you know work, but it's very, very frustrating when it doesn't work, but AMC right now is working, yes, absolutely.
watch day trading live   december 2 nyse nasdaq stocks

More Interesting Facts About,

watch day trading live december 2 nyse nasdaq stocks...

I'm glad you reached that level. I wasn't

watch

ing AMC at the time. Of those, the

stocks

that you have on the rise or the

stocks

that you have on the rise, I had Nvidia Intel and Tesla were like in the sauna, well, yes, and the uipath was another, those are the five stocks that I was actively analyzing, but I like the same level. AMC was also down eight dollars this morning and I think look, I don't know the reason for yesterday's move in yesterday's trade, but it broke out and found support at eight dollars and then nine dollars was also a wick.
watch day trading live   december 2 nyse nasdaq stocks
High I went in thinking that if he appeared at nine I was going to take him down, well, I was going to make him short and in that movement, but I also don't want to lose sight of the ape, this is not like that, he simply had no strength and Look, AMC is going up, it's barely moving, so to play weakness, it could even move to this depending on how much volume is done, it has a breakout on the shelf that could happen at 97 cents, that is, and it's about below that dollar. level, so I'll have my eyes on this one just for that breakdown if AMC starts going crazy and I miss a short.
watch day trading live   december 2 nyse nasdaq stocks
I like there in something like an a if that's the only meme I'm seeing. I know the The other day, Bed Bath and Beyond made some moves, but it's going to be these two that I'm going to pay attention to and Michael Noss here, and take a look at what he's been playing and

watch

ing this week in the overall market. It's good to see it. You, as always, it's been an exciting week here with this job, our job number posted this morning, we might have a little bit of negativity over the weekend here, but that doesn't mean there aren't long-term opportunities.
You have a great idea to play and at this node we are going to have Peter Schiff back on the show in a couple of weeks in December, so you want to talk about gold, Mr. Nas, I do. I've been notoriously and publicly bearish on gold for a long time, but, you know, I was doing my analysis every morning like I do and then preparing something for you and I may have to change that kind of tone, so like this was. It's funny, for people who don't know when Brennan was talking about Peter Schiff, he's been a very notorious Bitcoin bear and gold bull for years and years and years, and he's been a little bit wrong until now and maybe the things are changing. and go in his favor, so it will be a great interview.
I'll definitely listen to it, but yeah, let's get into my thoughts. Now, what I'm going to talk about here when it comes to gold, it's going to be a little bit more. Longer term, uh, time frame. I'm seeing this on sort of weekly charts and beyond, so most of the time when I come to you guys, I talked a lot about you guys, you know it's something that I think may move in the next week or two. More months to think about if and when what I'm seeing happens, so a nice little joke to start and then let's go to the first chart here, which is just GLD, which is the proxy I use to look at gold.
It's a very interesting instrument as it doesn't really do anything, so it's very difficult to try to determine if and when things are going to move based on fundamental data, so as a technician I don't worry too much about that. anyway I'm going to take a look at the chart and we could be setting up a cup and handle so William O'Neill invented this pattern it's one of the most powerful when it comes to looking for reversals basically just a big round of low, you guys hear me say all the time to buy smiley faces and sell Franny faces and then just a little bull flag after we broke up.
I'm looking at the charts here after the employment numbers, these things are declining a bit. which I actually like for my synopsis because again I'm a little bit more long term, so if I can save a couple of percentages on my entry, um, sure, and then in the next one here we'll look at silver, silver and gold. Move together I just wanted to show the relative outperformance of silver, so I have some gold and I think a silver play for you, if you like silver more, the same type of synopsis would be correct and the next chart here is in reality Poetic justice, I suppose.
Well, everyone looks at gold as if to say, "Hey, gold is a hedge against inflation: you buy it when inflation is high and you put your money in gold instead of the dollar or whatever else, well, inflation." may have peaked, hopefully we won't see 9.1." again in the short term and it may have peaked almost exactly when gold and silver bottomed, so, you know, the Max Payne theory when it comes to the market says that most people will be wrong , so I think I'd be a little poetic in feeling that if I'm right and we're in some sort of bottom forming pattern over the next few weeks and months with gold, that's going to happen when inflation is falling, which It is contrary to what most people would think of the individual. names Many of these are Canadian because it's one of the things we do well here is mine for the gold first.
An easy to remember ticker is just gold and it's uh Barack Gold, basically what I'm seeing here is that little dip below. My support line is earnings, so we fall below earnings, we recover and this could create what is simply called a bear trap. You know, they break a support area, leave a bunch of people short, and then it shows up in their faces, so now. Those shorts are potentially going to have to look for cover on this one. You know, I'm going to use that 15 or that line that I drew as my Line in the Sand to see where I'm going wrong on the next one. kcg uh, yesterday or last week I talked about how I really like stocks that come out after earnings and then base for a while while they digest that new fundamental data and then get out of there, that's the pattern we're seeing in this case. with kcg, four dollars is what I'm playing with, which is kind of the lower end of that area, I'll see if I can get a good risk reward playing with four dollars for you guys who like cheaper stocks, this is a low float in ngd um.
It's a dollar stock, so again, if you want cheaper, low-float names, it's another gold stock that has about 600 million shares in float. I think it's a pretty small company. I think the one dollar bet is the way to go as long as it holds up. over a dollar I'm going to be bullish on this one, under a dollar it's time to go ahead and exit and last but not least for a silver play it's just AG again that yellow line you guys see on the graph from above. all the way down, you know, it was profits, they increased profits a little bit and they've been consolidating ever since, so I have an order to include me in this case if we get over ten dollars.
My stop will be around eight one on this one. There's still a lot of uncertainty as to what's coming next year, a lot of people are still, you know, using that r word, the recession is on the way or possibly already here, so you know we have to broaden our perspectives here and Broaden our horizons in what we are seeing for the new year. In that sense, you know we can take that theory and then apply it to smaller time frames, since you know if these are a little bit stronger than the Market in general because of those reasons, you don't know any reason why we can't analyze them intraday exactly and you know everything I talk about usually refers to the swing time frame.
That is, I'm a little bit of a longer synopsis, but if you know if the intraday pair, if this is going to be stronger than the market, if people are going to favor gold, a long-term monthly movement is simply made up of a lot of intraday movements, so you know, I always think about it. It makes sense to put things on your watch list that you think will outperform the market. Set these levels, like I talked to Ag at ten dollars. Post an alert there. It may take a couple of days to activate, but you know if this thing happens. through ten dollars and then continue, that could be a good intraday scalp also have Michael Knox, licensed market technician with

trading

ideas, always a pleasure you have a great weekend, we will talk again next week, many Thank you, we will talk to you soon.
Yeah, thank you very much as always and look, it's not just that you know every time period is going to be different or every trader has to be different, but there are certainly things that you can apply and I can't tell you how many times. we look at something that maybe a swing idea that Michael was put in there and then all of a sudden like you, well I mean a clean level breakout let's just say as an intraday trader or maybe an intraday support level that you have a lot of sense based on those patterns that are found so you know I agree with something like this, I mean this is a little different because it's like an idea that you talked about recently, um, I think it was the last time for the company or at least a couple of weeks ago because uipath has one of these setups on a swing point of view that I know Michael has talked about where you gap in profits by breaking out of a channel, then look for consolidation above and then and then another breakout to the upside. and uipath certainly has the opportunity to set that move up, but the other end of that coin is for the day trader.
Well, that previous resistance level that it could consolidate at may become a support floor of sorts, so that's what I want. look here at iPath today we just had a dip and the move down gave you an idea of ​​where buyers could come in and they started to support it right around that 14 area where it is now so above 14 at The Daily is where that breakout happens above 14 if we can hold that at the open it's a nice little spot to back up some Longs obviously needs to settle above there after that number just took everything down now we've We're over that, but we can always get back there with plenty of time at 9 30 30.
I'm just looking to see if we're above that 14, I'll even be looking for Longs on a uipath, but you know what happens if we're doing a crater beneath it? You don't have to perform the operation, you know what we are. Yes, it's always good to have different ideas. I mean gold. You totally know a way to diversify your portfolio and if it's starting to blow up, I mean, you know, take some of those stock names. I definitely like trading stocks instead of physical gold, so I think that has a little more to it. sense, eh, I don't know, man, I mean, are we getting too greedy here at Amazon?
Amazon just went all out. way to 94.35 giving us 70 cents in money and I didn't take it so the NASDAQ is trying to do a little dance. I'm going to put another bid right here 94-33 to see if we can get it or 30, I think so. Went and see if we can get a piece out, uh, in case Amazon makes that move once again. I mean, we're here right now. There's no difference between honestly taking a 20 and a 25 or whatever, so let's see if it can pop. through some of the sizes print us here we go there yes sir so there's a little 29 for us on Amazon so leaving some cash we just took 50 cents on that one again so let's retain this.
Let's see if the NASDAQ wants to rise again at this point. It's been a good few days so far to buy some of these dips, but know you're still below that two percent and be careful with this market once we open. uh, when people start to realize that some of these moves are the downside, I might get a bigger flush, however, I'm going to think differently. I think the market rallies a little bit at the open, so let's see if Amazon can get back to 95-ish, the level I really like for this of course is 97, it's all on the sticky note, but there's the buying and here's the scam, we now have 70 cents of money on Amazon, it's starting to go up so I hope we can. take out some of these great levels, there area lot of size here in the offering, there are already 2 million shares, it's really starting to work, we're already out of half our AMC, plus that increase here to 25, so we took out a couple. more times right there, one time that went the other way, so we sat there again if you don't want to try one more time, but it's Amazon that has me excited here, as we're starting to get back up, there's still 35 minutes left. before the market opens on the imbalance locator we have an ape as an offer which is good for us we are together with AMC but apart from that Chinese NEOS here palantiers here what else we look at the squares here like a cell?
Pretty mixed board a little bit here name wise so we'll wait and see what the tech names have but that's not until 9:25 Brendan you have some analyst moves here this morning uh notable names on this board once more As usual a lot of gains are appearing here on the upside, first of all there is a pass, as I already mentioned, just keep in mind that with uipath with Marvel with zscaler any and even Asana there are movements in both directions, so the Price targets were adjusted in both directions. all of these except a few markdowns for zs on this morning's watchlist, Marvel is here too, it's funny uh Sean you mentioned 17 at the end of the day for uh Asana, yesterday tagged it in the number almost on that move initial here.
We're at 14.6 uh doordash and we're also under a little bit of pressure this morning. You guys don't think I can call exact uh moves in stocks, yeah, no, it was a little lucky, but I mean, as soon as we went off the air yesterday I said the sun was going to go down to 17 and that was the bottom there, 17, incredible, I don't know. That was just a fluke, so sometimes you get that lucky, we wish we got that lucky on the open market, uh, but yeah, Sonic Crush. I didn't really look at their numbers. I was also looking at Marvel, uh, more than Asana.
Marvel, no, no. a big name and the chip space has been struggling, this name has gone straight lower on the daily chart. I mean, no, I guess not straight down, but there's still been some negativity in the stock here, uh, downside there, nice little bounce. but since it's gotten to $50, it can't break it, so it's going down, it's trying to break this 50 period and that's the $42 mark that we've written down, so right there, forty-two dollars, um boom , good move 47 double. I brought it down to 42. Let's see if we can break that 42, but you're bouncing to 42.90, so for me, that's $44 right there.
I choose that as a place to fall short. I prefer to stay short. 42 than break, sorry, 44 and then break 42 all the way down, so I'm just going to try to test some advantages here for us. Look, this is 44, so you'll see that hopefully when it loads, it's not a super smooth level, but you know, we'll see that's 43.80 there, that's 4420 up, let's let it break, hopefully, I want I mean, if it goes up again, it would be nice to go up about a couple of percent. get a short there at 44 and then we'll get out if we're wrong, so that's the only name we're seeing here on that board that I have on the sticky note.
I think just a breakout of 42 doesn't seem like Well, I mean, here's 42 on a three-minute chart, right there, so there are the levels. 442 43 44 is a period of 50 on a three minute chart, so we could see that too, but so far so good. Marvel is looking to do quite well. Well, I just left Intel, by the way, that's the other chip name. I'll look at three of them Marvel Intel uh Nvidia as always, but look, I'll look at older support. I want to get out of this. move you never really know, a lot of times you just continue moves like this when you break a big gap down and if I was short 29.50 and I had gotten that trade I would wonder if I was reloading it.
So I'm just going to take the profits and get out of Dodge. He said I like 29 to 29.50, but I don't have much Marvel, that's very different in terms of key price levels other than that 44. I like it a little deeper. at yesterday's support level, you know, kind of an afternoon support level, so I would like to continue to think about selling anywhere up to that 44 and a half and up to these 40 50 breaks. That's what I stands out on the 50-minute chart, a 15-minute chart, it has a dollar value in a range between 41, mid-40 and 50. So, that's a pretty deep zone, so if it breaks that 42, I think I could find some support down there and if I'm playing any kind of bounce on Marvel I'd leave it.
I would have to let it go past 41 to get to that 40 50 to see if there are still buyers at any time. I see these Wick bottoms where you run up. I tend to think well, see what happens when I get there again, if you get buyers, that may be a good place to jump, okay, let's see how things are shaping up in Europe so far on a Friday morning, here we were. basically flat across the board, four European markets, that's how they look now back down with this jobs report with the North American markets also about half a percent or so from top to bottom outside of Turkey there 1, 6 in negative territory a quick look uh social sentiment this morning some common names here this avxl positive data on a treatment for Alzheimer's we'll see it soon uh Mullen here again Tesla very positive uh interesting that was actually green early this morning now we're back to basically Same story for the broader market, even with this down jobs report, let's talk about the broader market, let's bring a room, check out the futures here and see what we need to be aware of for a Friday. rune so it's higher than expected that means the markets are lower than expected yeah so this is going to be an interesting day because we were above that 200 uh daily for a day a day a close and a full day training session and then here we are.
Back below, remember we are entering a weekly downtrend. The fact that we're just over 200, a lot of this doesn't look good, so now they're interpreting a strong market as maybe the FED continuing because the market can. Handle it, I mean, that's the interpretation exercise with these employment numbers, but keep in mind that we have a Federal Reserve, uh, Evans, I think it's coming later today with the speech, so it could be something 11 15 al less from what I see. the calendar, uh, that could also be one to watch, but this market at the moment has decided that it wants to go down, it has eliminated my only support level that I had here, which was 40 20.
So we are flirting with that. now, but we broke below, I think if we go back below we will probably lose that support level, so if we lose that as a support level, just the levels I have left are extremely wide, so today could be one of those impulses. trading days rather than those technical setup days, so 4115 is the upper end and then I have 39 30 as the lower end, so there is a pretty wide range here of almost 200 points and we are in the middle, falling to lowers it, so I would. Just lower the levels and continue the momentum at this point because it's going to be difficult to find key levels that you can work with, and with the way the market has been moving as well, I think the momentum will be fine today, so that volatility is back for anyone who missed it yesterday, but today should be exciting, just keep an eye on Evans fed at 11 15.
Great stuff, thanks everyone, have a great weekend. It's interesting that we mentioned Vix at the end of the day. yesterday it closed below 20 for the first time since the summer, so yes, some volatility emerged in recent days. It may go up a little again. Today there is a link to the watch list. Guys, make sure you take it if you have. You haven't done it yet, join the 30,000+ who get that de

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Tesla tops the list this morning. Yesterday, Elon de

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red the first semi-truck to PepsiCo, there was no indication from either party, Tesla had no comment, Pepsi had no comment if we go back to 2017, Pepsi actually ordered 100 of these trucks and there was no indication of any of the parties whether or not or when those 100 were going to be delivered, but hey, they have one that's great, man, one is better than none, this is better than starting in the right direction, um, I haven't really looked too much at Tesla. We just left another part of Amazon. Someone in the chat said, "I'm almost out of this." I have about a third of Amazon left.
I just didn't want the 94 to break there, so we pulled out a 9409. That's it. to 60. So, you know, there's another 40 cents in there, so we'll hit it and see where it goes, but here it goes back down, so you know, we'll see where this one goes, but yeah, for Tesla. It's been a good trade, we talked about it at $200 the other day, which was a good short sale, it was that yesterday maybe for 200, yeah, it was so right there on December 1st that we got up to $200 right before market opened and then it was a downward movement here to 190 where we are here today.
I guess that delivery from the semi isn't a hamburger, but I think it is. I think it's a good move. You know, Tesla needs to diversify beyond models. that they have and you know more talk more sales you know whatever I imagine it's going to be a high quality truck so if Pepsi likes it maybe there's more to come from this today because now we're down one and a half percent . on the NASDAQ or sorry, two percent on the NASDAQ as we continue to go down right now. I don't see Tesla going up today, it's been a good run, I mean it's been a decent run from that bottom of 170 to 170 to two bills.
Michael losing is going to kill me, he said why not use trading ideas charts 170 up to 200, but there is that Top 200 so I still think we have a break there. I'm shorting until we break that Top 200. I don't really have any. levels in the middle of the day here, I haven't looked at anything yet, but I mean you get 198. It's just that we just dropped, so now you're trying to see what the market is going to do at the open, I think. a 188 now that I see this, it fell two days ago and was bought. Never, we haven't retested it, so it could be a buy level on the dip or how about just breaking the 190 short if the market fades? open here, why not just hit that 190 on the downside?
That's what we're going to see here with Tess Tesla. Hopefully it makes a little sense and we don't have to like to fight too much sometimes. up and down, um, I don't know, it doesn't seem like the market really cares much about that story, although it's following right now. Mark it at two percent off, Tesla is down two percent so for now I think it's a short and fade any pop up like what the market will be today yeah the level I like I was looking at this morning It was 93, so it's the same as Intel, as I'll look at.
On that, on the way back to find some resistance, I don't know if we'll see a chance at those highs, well I guess it didn't get to 200, but close enough, I don't think we'll have a chance at those highs, so that we'll just throw them out the window for now, look at 93 on the way back up, but the range in that range isn't super crazy like I know you'd like to think that because Brent and I were talking about it this morning like 300 on the low end and then 500 uh for the mileage on the high end, it's really cool, I just don't do it.
I don't know if that even moves the needle in terms of where Tesla will go and how he will achieve profitability. No, it doesn't mean I can't see this product moving the needle even if they deliver all 100, but it's certainly a fantastic sign and it looks super cool. I'll tell you right now, if you haven't seen the inside of that thing's cabin, it's pretty impressive, but 193 on the way back up. in the opening, that's where I'll be looking for the first fade on Tesla, if it doesn't get there, I don't actually have to change this one, maybe I'll just sit there, Neil, like I said, Neo and I know what I am.
I know it's the Chinese name for EV, but Neo has a pretty more obvious level that I assume we'll be at in the opening, so I think at 9:30 I'm more likely to switch to Neil from this background, uh, than to Tesla. Although you never know, let's move on to some of the semiconductors, yesterday they were very flat, a little relative weakness comes into play AMD Nvidia Intel Intel may be the worst on the downside yesterday here is the Marvel mrv uh L on the NASDAQ with a drop six percent, right? Now, again, this is a circuit manufacturer, so they are in the group, but they are not necessarily an actual semiconductor manufacturer, but they are part of the semiconductors. 42 was the aftermarket report yesterday, trying to keep that here guys, both in the current quarter. and predict a problemAlmost surpass six 50 and start reaching higher levels before you can.
I would like to call for the short position only from an opportunistic point of view on the daily chart. You have this 550, so if it comes back in, you could easily sell here. I feel like there should be buyers in that 555.60 area and that's not There's enough return risk if you're paying 22 cents a share, like shorting the pre-market highs here, when that's your upside potential, at least for For me, looking at the opening, that's where I normally want to get out of a move so it just doesn't work, you risk rewards, so if it drops to that price and it can form outside of the opening range, then I like that to be your kind of trading level. previous support resistance on The Daily and any time I see it start to hold previous resistance levels, so I like to take the Longs off of that, but if it breaks 750, goes to 8 9 10, then I would certainly pay for the low case, You can see that ten dollars stands out like a sore thumb without saying it's going away. at ten dollars, but if it is up there, it is more than likely that it is shorted at that time, yes, ten dollars would be pretty good, yes, you have to trade key levels.
I think that's obviously pretty important. Here you saw Bed Bath. and further yesterday uh, he didn't forgive me, oh, sorry, no, it was with AMC, some things happened in the morning, up to four dollars, so that's what I was going to get to, is that you have a level of four dollars there. I feel like we're good out of that and I don't know if today is going to be a meme day or not. I think that's what you want to be careful with because you want to use some scans of business ideas and things like that. that scanned the volume and then when you start to see them increase that's when the time comes so I would say very very careful here uh I don't think we're going to go down to three and I'm not sure I'm going to have up to four, so today I would shorten any kind of pop like that again down to 384 385.
Again, I feel like these meme names have a great chance of going away, but then they don't continue properly. So AMC has been great and we had it yesterday, but I hope my trades show up yesterday with this name, so now we are away from eight, but you know, we missed this move, but then we had a move back, I don't remember . exactly where we had it was around two o'clock when I was here, I think so, it must have been this break, we had this movie, that's what it was, we actually put out yesterday at 9:12 a part whose maximum was 9: 15, but then it faded again and I actually think it ended up negative on the day or close enough to it on AMC because it just faded the rest of the day so the moves can happen and I just want to warn that if you're into these moves the most of the time I just want to go out if you have a bigger return and they say, Wow, this is really touching, pay yourself like we did because when we're here a long time and it gets up there, you know 880 to 9 10 9 15.
That's a great time so you gotta pay yourself because then when it just bleeds out we talk about these um uh averages right it was over 200 all day it was over v-wop all day and finally It just went completely off track. Reduce this before you base it on eight dollars, so you know you need to have a catalyst, not just volume, so when the ball volume is there, that's great, it could cause a big spike, a lot of us take advantage of that, but to keep the stock I feel like Adam Aaron or something like that has to come out and say hey, this is the kind of catalyst for AMC.
I don't think any long move will stick for long, so get out when you're in and I. It's just that it's kind of like what I'm preaching right now, we're already at eight, it showed up, so we're coming out at some of these old resistance levels or not old levels, but levels that were made here. early this morning, so I'm taking my own advice in trying to get AMC out of eight, we're going and if it goes past eight, we're going to be up today, obviously, so it'll be all good, let's keep the motivation and the momentum going here to trade these meme stocks let's just wait for the volume and see if any news comes out because those are the ones I want to trade okay some other notable names here were Doordash. one of them I wanted to mention before we start the open here with a drop of almost five percent today, it's just a downgrade from RBC and a price target cut for Dash, there's not much volume behind that move but it's worth it Note that this one is also on the watch list.
Zs z-scaler with a big move down in the aftermarket coming back to these lows too 126 was support uh your report wasn't good either it was mainly the forecast for z-scaler and you guys mentioned sauna there quickly but a few others there to consider including that asan at least this is one that I know it's almost Friday on Wednesday what time do I arrive on Wednesday? I was talking about the 50 period on this one and this 53 area on the board has just been an absolute wall on the daily chart. If we can quickly show it here, right when you see a support level like this, can we refresh my chart for a second, guys?
Thanks, yes, when you see a level like this, it's almost obvious, but sometimes, if it's too obvious. I'll do it anyway, that's about 5280 to 53, even you also have period 50. I just think that when a level like this comes, I want to participate and you can play this in two directions, you can go both long and short. I do not do it. I usually don't mind bouncing off a level like that, risking 15 20 cents, maybe a little more as far as slippage goes, reversing to a short if it breaks. It's worth noting that it went down to about 50 52, even a little bit lower than that in the ninth, I think it was so first you want to have a little more tightening at that low if it breaks the level, but I've been watching this level All week looking for him to break and maybe this is the uh. the day it's going to do that on the board, but it's supported until it's okay, that's something you have to keep in mind.
I'm not someone. I just said that Neil is going to summarize the latest news from Intel. I think it's not a thing. It's not a guarantee that he's going to sell with just five minutes left, but if we do, if we're still below that 29.50 and I can get him out of this higher low in the 15 minutes in the afternoon than before . 29.50 and 29.60 are the first level but if it breaks above 60 and I get out then I just want to look at the resistance at 30 even as a day trader if that's going to give me levels like that I think Intel tends to follow a decent structure to make those plays, so it's not a guarantee that I'll be in the short, like if I just fall from here, maybe I don't really understand this and I'm looking at a breakout of 29 and having to make a decision if I want to go short the day's low, but yeah, I look, I'm looking at 29.50 first.
I would be out if it breaks 60 and then from there I would be looking at the 30 level but that big Dash level 5280. on the daily chart 50 period also on the daily so I'll be there when it happens if it happens well um Amazon just start to break again, rose to 94.50 and we didn't get out. I'll try. Keep this up all day. I'm going to think for a long time here today, uh, for this name, so now we have a lot of money for Amazon, up to 70 cents, hopefully, that name will continue to work, uh, yeah, we already talked about Asana.
Can. probably wipe that off the board now uh with just a few minutes left we have NASDAQ right now uh looking at what Mullen is we talked about the 23 Cent level on Mullen that could come into play at some point uh comms ntx Uber Uber is a cell phone, that's something pretty cool, right there, that we could come into play at some point, other than that man, I mean, I'm not really seeing it, I mean, there's some gold right there, that's from Michael NOS, so you talked about it being a Canadian name but of course it's also on the New York Stock Exchange uh but here we go man ready to rock here early so let's go.
AMC is still trying to bounce back up to 11, so it's good, we have so much time and again. we have some higher exits, so if it breaks, hopefully we can capture the profits that we still have, you know, we're out of over half of our Amazon, we already talked about I like Marvel, just going over some ideas that they are going to emerge. I really like this at 42. I just don't want to play the break for some reason, I don't know, I want to let this go and hope I can come back. So much for the positive side, but man, that 42 looks pretty good there at Marvel, on the negative side, so that's another one we're looking at and then one thing we didn't cover at all today and didn't really do too much.
I work in Chinese ads, but we talked a little about Neo. I feel like Alibaba here at 86 has bottomed, but I'm not much, my opinions have changed here on bottoming just because of this boom down here, it's one thing to say you like a record of 86 when you're at 87.50, but then when you go down like that, you try these levels and you split it pretty easily down to 85, 40 there now, I think. you might have to look at level 85 here, maybe even a level below 80 85 is pretty good for Alibaba, so let's stick with that. I'm at the highest I've been all day, so wow, that's why I'm looking at Amazon, yeah.
Amazon is now breaking out, yes sir, starting the day with a bang, uh, on Amazon, like I said, we have about half left in this trade, so up to 50 right here, let's see if it continues to go up. I don't have any offers for Amazon, I'm thinking maybe 95 95 25 or so, might be a spot, let's do it right here until yesterday's close 95-25 if we get just a one minute break on the clock, yeah, just worth noting here, um, about a dollar up Nvidia just bounced higher at the same time Intel was down 30 cents towards the day's low, and that's why Marvel broke the bottom, so Marvel Intel week Nvidia actually is relatively strong, which is why I'm looking for some Longs on Nvidia above 165.
I want to come in with just a minute to go here. I want to get to the meta, we didn't have a chance to talk about this 50 period, it's here right now, around 120, this will hold. I love it, I love it, uh, if I were to break this and hold a period of 50, but the breakout of 121 might not come into play, so 120 will end up forming resistance until it breaks, but that's when I I sat back and said, oh man, above the 50 period, if the market is the strongman that 121 sets up for a good breakout target, I'm going to have to short, uh, before I continue after that initial move, sometimes you have to change them. action plans uh, Justin is going to be in the bell.
I see that he is ready, loaded and ready to go. It's going to be a wild Friday, the number of jobs will obviously change a lot of things, but hey, we're ready, locked and loaded. go here the first place I'll be probably Neo or Nvidia is NVIDIA the super strong man wow Nvidia in three two and one bring it oh that was like okay come on uh we're safe that Marvel took that short, uh, early there or not. early, but on that break towards the high side for Marvel, uh, the story of the low side for Marvel, it's already there, 50 cents on the money we just took that trade, you're welcome.
Merry Christmas and happy new year, everyone. There's also the there we go man, there goes Marvel, there's the exchange 42. It's another Banger sticky note for you, there's a dollar in the money for Marvel right now on the sticky note, so I mean, I can't be more happy because more than anything, Amazon is going up too, this is now a dollar in the money, like we are living in a fantasy world right here. I mean, some of these works are just great, look at that look, look at Amazon, wow, wow, cool. Trade here on Amazon man we don't get cool until we take it out but it's a good move up to 95.95 on the dollar fifty in the money now on Amazon at 70 cents in the money at Marvel let's see if this scam has legs up here. yeah, I think we're maybe above that 14 on the pass, let me get into that. nvidia is still going up there hasn't been much of a bounce in Intel for me to short this eh but I think it's going to come if the market tries to go up this is just hanging off those lows you mentioned Ford very quickly I didn't get a chance to go beyond I know a lot of things happen very quickly fourteen dollars obvious in four, but at 13.90 where we are now, it was a breakout that we had yesterday while I didn't have it, but that's where it broke out in yesterday's trade below 14 I'm looking for some shorts at Ford, so the only thing.
I'm on uipath and I can access some Intel as that one seems weak and wow Nvidia is going up uh yeah look at this AMC move okay go ahead Brenda I'm just going to mention. Guys, uh AMC going up AMC big move here man eightremember we just came off something Marvel must have done. Wow, did Marvel just trash there? Oh yeah, the market is destroying the markets, uh, yeah, so there's Marvel. from Marvel, so he's a good man, money coming to that name today, uh, since we came out once he broke v-wop right there, so it's a good move up for the market.
Chinese names do not participate. I'll put it up now. I'm not going to make an offer. I'm still going to wait for a move lower here in nio. More handicaps would be nice, but Marvel on a nice move up right there took me out at uh 38, so I'm happy with I'd like to shorten this name a little bit if we get back to 43, that's awesome, so I don't want Leroy Jenkins. I'm going to follow the plan. Follow the plan. Neil, don't go too far. Netflix needs to exceed 320. but there is a drop when forming. I think around 316 is at 319, so the drop from 316 doesn't really matter much.
Meta now continues to max out. I'm not going to change my action plan. I'm going to go out here against 121 on that 120 pause that we had and then look for another dip, buy rinse and repeat or the break of yesterday's high which is 121 and a quarter, actually it's 20. I like the quarters a little more. breakout style trading. I took another leg off Intel, that's why I'm still paying myself, the market is trying to go up here and I get it, it's shorting and I think you can get to 28 even, but if the market doesn't. Don't participate, no matter how weak Intel is, if the market keeps going up and ends in green, at some point the stock will bounce, that's how things are going, so we want to be careful with Nvidia, yes, the chips. they are being dragged here a bit, not as strong as I would have liked so much to check AMD to see if there is any chance of working but I will still reload from 165.
I just don't, I don't love it. Looking at these Longs is when I look at how strong something like Netflix and meta are. I haven't even checked Apple or Softy and that's exactly what I want to do now because when you look at the market in general you need to continue. I want to see Apple in an upward trend and that needs to break at least 146 quarters, if not 147, for us to really jailbreak to the upside, but like I say, there goes the meta that just came out at 120 90 ahead of that 121 ...so here comes the drop to reload to 120 even or maybe even v-wop or just take a clean break at 121 and a fourth goal for the win.
I love the strength in that name and here comes Netflix very close to 320. Yes, we. I love meta. I'm going to fall short. I fall short. Microsoft right now we're going to get some money if this goes back into the teens. Microsoft is a very, very dangerous name if it breaks 30 right now with anything of this strength. so let's get out, man, I mean, here it comes, yeah, Microsoft, Microsoft is a ripper man, look, I mean, look at the liquidity at Microsoft, it just went up to 35 to 50 there and then it went back to the 20s, this is violent.
I've never seen Microsoft the way they move this name, this name, yes sir, the way they move this name is absolutely crazy, look at this exchange here at Microsoft, we have another one right here, DJ Khaled on the building right now, uh, Microsoft, good negative moves, uh, yeah. sir wow I failed for softy give it to him brendo a little one we mentioned yesterday guys got crushed yesterday by G3 uh gii earnings on the NASDAQ showing up here in volume trying to get back up if you step back a little bit just a destruction though absolute yesterday this thing was 22 dollars two days ago we were at 12. oh gosh, and that's another one that I wanted to look at real quick and that made some crazy moves there.
I know gii was cool but uh the tops were rejected if he had them. paid for shorts, I probably wouldn't have had this one anyway, but it's starting to get five bucks here, so I don't want to ignore it the longer this breakout holds, the previous breakout level 480, uh, the deeper you can go into the La idea of ​​a second Except where this can hold 480 will give you a break of five to five fifteen and that's it, so I'm not completely ignoring it, it's just that it's not actually doing that run that was about to achieve the goal. the highest moment of the day and here comes Netflix too so a couple of things go and x-pang Neo I don't want to say I'm speechless but I'm a little speechless because I'm about to take Neo through what high trying to grab some 25 here, but I wanted to make sure that when I checked it's like X was still paying.
I guess I didn't need to check that X Tank was still running. Yeah, Neo, uh too, we can get out of Dodge there a little bit on them today, we just waited for that movement to go up and thank God, that didn't really matter to us much, because we already are, yes, we talked about only having 40 of 40 percent, and then up, so yeah, no there are tabs here, not a great trade-off for Neo, but it should have been done. It's been a long time, I mean I can't fight these trends in these Chinese stocks, it's been absolutely crazy, the thing is right now we're almost out of Microsoft, yeah I was going to say if you waste a lot of time in the market.
Actions like these with the way they go, sometimes suit you better, so sometimes that's how you have to think about it. I wish I was 13. I wish I was still long 1280, but you have to move. to the next and the next um for me it was going back to some Neo but also getting meta. So Meta, wow, I got off meta. I left the finish line in front of the hive and ended up coming back in. at the break high I thought it might have gone down again after failing at the top, obviously it didn't fail at the top, uh, so now keep going, I'm going to take out another leg in front of 122. as things are starting to move quickly I saw some people discussing federal speakers, guys we're on the last day before the lockdown period so the feds Evans are ready to come.
I think it's this afternoon, actually it might be this morning, yeah 10 15. My apologies 10 15. We'll have the Feds Evans make some comments after that, though none at all next week and as you may have predicted at this point in particular, now we're going to ring the cash register because, outside of Intel, which is fine, Intel likes this, that's why I'm short Intel every day, if someone like Neil is going to be short Intel today, well the market is now booming higher, it's like the only short left in the money I can find Netflix broke 320. I took something out of 321 if I take a breakout trade.
I'm always looking for that first initial scalp in case I regress and want that quick recharge. There hasn't been a pullback, obviously, meta, that breakup continues. I only got something ahead of 122. So that was it. clean 120 then 121 now it's at 122 I'm putting up with the screams of the Dodge market and I just cursed it at Intel, yeah I thought, yeah the only short that's still in the money, oh Intel is back at 29, still , I'm going to grab my teeth they say if we turn around from here we add back to the short if it breaks 29 10 then I won't have it I'll have zero shorts at that point okay um I'm a long apple I want to go long on Apple The market is starting to decline here obviously as you all can see Amazon's huge recovery.
They said we were trying to extend that name, but unfortunately we missed that one and didn't extend it on Amazon, but it's back right away. up, so I'm going to take advantage of that move, uh, right here, now, I'm going to get a 73, end that trade that's close enough, man, we just made a good amount of change there on Amazon, so that's a good move up for amzn, uh, look. At Microsoft, the good thing is that we get a lot of benefit from that action. That name came out at 251.50 and went up to 252. This is by far one of the craziest stocks on the market, in my opinion, because of the way it moves, as you know.
I sat here and I saw this name and it's crazy, okay, AMD right now, just, wow, AMD, we just got into that, so we're going to go back and look for a new position. AMD a long foray here we know what can happen when the market goes uh and AMD is on board this name can go so let's see here if AMD wants to go up we can go out of this name if we need to go down to 50 if it comes back go up to 50 go down to 50 but I'm going to try to wait a little bit higher here, that's 76.
I mean, it would be really nice if we had a print of 76, uh, for us at AMD, first, first out, right there We took a 79. See if AMD continues to work. I like the long one, but I have to manage it, yeah, so definitely the long ones, obviously you saw that all starting to come into play, but I want to get back to a review because Nvidia finally broke v-wop. I didn't get that 165 refill, so I have to adjust things here. I was looking to pick up more shares. I never got them now that you're starting to explode.
I still like 168 to get a little bit of output, but I want to give it. There's room to run, like we run higher and I haven't added anything, so I want to see this break out and maybe even holding it, let's jump back to I have some more Intel stock and uh at some point I think Intel he'll just join the party and end up in the pit. No, I'm not necessarily going to make law on actions. I'm already logging into the video. I like that one a little better, but if it turns into a 29 10 break then I'll have to get out.
I may have entered a little earlier. I should have waited for it to curve, but I'm pretty bearish on that. Netflix has plenty of room to run Enter twice. and then it works there, Netflix has a lot of room to run because you're really on the air in this huge and you can't really see the pause there, you're on the air until you get to 330. like when this when this went down on those profits Mist , that was a huge monster breakout at 3 30. a move here on Netflix if the market turns green it has every reason to get to 330 if it can continue this is just a monster breakout that could I see reaching that 330 level and If it's above 320, I want to see if it can't go that far.
Brendo isn't a big move here, but Open Door's notable name is worth noting anyway. Open Door returned to the upside this morning with the broader market. they appointed a new CEO today, so you have to take that into account anyway, two percent, okay, new CEO, well, for them, okay, so we will exit AMD here if it exceeds 50, we have already obtained some profits. It didn't work, so again you know, this is okay, did it break 50? I just got out, I don't know, it doesn't look like it broke 50, but we got out anyway, uh, on that, I don't know.
I think that was broken, so I'm going to hit back with no idea why we went out there, but it's okay, we're back now, so I hope we can make some money. I'm going to put another one out there 74.48, I'm so sorry 75 48 uh, just in case, this breaks one more time because last time I don't think it broke, but okay, we'll wait for it to break even more now, with that bright side, so here we go, that's AMD. I don't like it, I said man, that time didn't work out. We were able to capture a little bit of profit but not a lot so it wasn't a good trade on AMD, that one fell through so yeah sorry but now.
Let's go back along, see if we can get this name back a little bit. Up to the 60s would be pretty good here, so that's what we're trying to track now for AMD, let's see if it goes through 75.60 down to 75.80 again, where we first started this trade, but a pullback in the market bounced off 4050 so yeah another key level there in the is yeah that's what you're going to look for for that key level and if we look we bounced off 4000 and then you hit yesterday's high. I'm going to pass the black graph. It's going to be easier to do it.
So, oh, now I just lost it. I will do that. the bigger time frame huh but you just bounced off the previous high so the obvious level is holding so that's why I'm paying out on some of the longs and re-entering the only short I like which turns out be Until I'm looking for other names I can short at this level, I thought about Doordash because that's what I wanted for the breakout and it might be in the pocket for me and the pocket means that a range I like isn't going to break the low of the day if the market had been absolutely colored, that's what I like, but now I can sell this from the high of the day.
I need to see it set up or at least somewhat set up, so I'm going to jump in. a name I haven't traded or turned to, then I want it to be a setup I like and if the market is at resistance then the weak stock fails at the pre-market high and then a bit of a bottom. I know where I'm going wrong here and it's a break at the top so I'll jump to the door dash to the short side if I find something else I like, I'll get to that too Tesla if you're still Looking at Tesla, I haven't followed it a lot, but it's right at 196.
I considered it, but figured I didn't want to go short Tesla unless it was 200 today, so I'll stick with itaway from Shorting Tesla Dash and Intel for me like we broke AMD again and I don't even know if it broke again so okay AMD on that we'll see what happens now with the ups and downs. uh, right now with all these names, man, it's been an absolutely wild day here. uh for us, we average our Apple trade here, so now we're long at 60. and it's back up to 45 right now, hopefully Apple can continue. Here we are in a rally for this market so far so good here today, but definitely AMD, the funny thing is that AMD is not really moving, so maybe we will have to go back to Marvel or something.
We're out of that now, so let's continue looking at some of these names as we prepare to hand it over to Brendan at the big desk. Let's see what small cap is looking at today. Hey guys, when the market in general moves like it is today. Another relatively quiet day for a couple of them to notice, however, avxl had a huge hit in the pre-market with positive data for an Alzheimer's treatment, came in here at 15 and just faded away throughout the A first thing in the morning so we got back below the 13 line which was a sticking point and then the support finally breaks and ends up being resistant so the break down at the open was quite a move single from 13 1250 to 11 10.75. at the lowest level, but starting to pick up light volume for AV XL, I was a little worried about that because it's easy to borrow today, so a ton of shorts available, our Med from yesterday, made another move in the previous market back up. four dollars uh trying to get back below that level the actual level on this is 475 480 if you go to the daily chart but there's a little bit of downside trying to be patient with the rme D guys so I want to double check to make sure I'm not missing anything about the finals, but I was just looking at the finals.
I see a lot of people talking about it. It's going pretty strong there, but as the market starts to turn, I'll try to add this on Doordash and then the other name, a couple of names I want to get to here just for updates, uh, Netflix, that was the other break that we take in addition to the meta coming back through 320, well, it's like up to 320, maybe like 20, 30 cents below. Looking at 317 318 that's where I want this to fall if I think there's room for a breakout if the market goes up then it could get to 330. So I want to try to stay net as long as we're above that 318 area and then be patient before wanting to buy the dips and give it a little more room.
I think there's plenty of room for it to run, so I'm holding on to Intel and trying to make sure. I am net short even though the markets bounce. I want to do the same thing there with Netflix, but maybe not exactly the same thing with something like Neo here, so Neil is the other name I want to have. "I said I need to go long and at some point just let it go well, it failed to break out of the day's high and if it stops me again through yesterday's high then I just have to be able to accept it." He says he just stopped me during yesterday's high.
If it reloads here, I might come back to this one, but Neo, it's just this and x-pang are almost meaningless at this point, so I almost needed to calm down and it's 11 o'clock. If I go back to Wednesday when I started making money on xpang, it was about 10 to 30 to 11 and then for the rest of the session, so I might go back to the same train of thought and say, "Let things calm down and there is when I want to get into these Chinese names because otherwise there are a lot of other things going on, chasing these has not been the mode of action for me.
I'm going to go back to that door. I want to add to this. I don't want to stray too far from 56 here because my first entry was actually just below 55 and a half so I want a little over 56 in any announcement but if the market shoots up I hope this hits v-wop if not even the lowest point of the day here, so there's a relative weakness on the board, okay, I'm going to do it, so we take a little bit of an advantage there, uh, for us, at Apple, because Apple just broke there in some kind of move, no I know what happened to that, it just broke in the '60s, we took a piece out there, uh, but we still need to make this trade work for us, it doesn't seem like it wants to, uh, right.
Now Apple up to 146 will be a target area for me. 146 there for Apple we're going to average 35 25, so if that comes in, that's going to be the trade we're looking for. I wanted to talk about a Chinese name, uh, because when and I know it's just psychological, it has nothing to do with price levels being price levels, but I mean, I'm wondering about a breakout of 12 that's right where the 50 period is, so I'm going to prove that I know that x-pang is all the way up to here at 12 28 and you could say that if you like the short at 12 you should like it at 12 30, but the problem with that strategy, of course, is that worked because shorting to the top has killed you unless you have that short basically in the last five minutes it would never have worked so I don't want to take it now after we've already seen this.
I'd rather it break a level that I've studied before with the 50 period and I'm confident in that one because then we can go down to 80 85 right there which would be 15 cents that I would be quite happy with in a short there for x-pang and then if continue obviously we'll wait a little bit for that name a name that we left for dead here and I think it's pretty justified to do so AMC hasn't really done anything today uh it started off pretty good early which you know we had that exchange uh right in the bottom of eight eight eleven there on CP and not on CPI CPI is 13th in down jobs up we got some of our best exits 36 or 37 then we broke eight and lost 10 cents that last piece is a good trade up now for AMC, but you know I wish it would come back.
It's my middle name, to make profits today for me, so my second most profitable exchange is AMC, Amazon and AMC, basically, Todd. I have to say they're both basically tied there for best trade. I'm trying to get Apple to come after me and make some nice gains on that one, but we need to get back above 146.60, right where we came out. To eliminate this level, we are below the 200 period. I was looking at it, it is relatively weak for the market, but I think Apple has some progress, so let's see if it gets going right now.
Brenda has a lot of strength so far. guys and they stole our names across the board, there are individual stories for jks for CSIQ minor at best, but they are both moving on here's another Ren Sola, closing in on 10 after a better than expected report, so than a smaller one, this is a five dollar name. but still in the Solar group, uh, this whole group, although solar energy is very strong, yes, like this final phase in The Daily in the breakup. Wow, I don't think I've ever traded the stock to be honest with you, uh, but 325, that's an absolute wall like if I'm watching Netflix and my own Netflix isn't breaking a high like this, but it's not totally different, uh, but if I'm looking at a level like 325, if it pulls back, I usually like to buy a dip with a breakout price, so in the final phase you stay in that pocket if you recover three or four dollars, then I think there is a long structure like 26 326 and you stop at maybe 24 even or like 23 halves, you take a chance like two or three come back at max or close to max which gives you a little bit of one on one action and then you go from there so you know I like that one, but I have to be patient, I did it.
Strange that I wasn't really looking forward to the break, you'll see Nvidia here in my 15 minutes set to an even lower maximum. I still like the length. I had no problems with that, but at some point I think you're going to try that 165 again and I'm going to wait for it to get there for any kind of Reload a different story there with Netflix because Netflix is ​​a little bit closer to the peak of the day, so I finally managed to return to that area 318 if so. I can't maintain his breakout, so I'll get out of Dodge and look for another re-entry point; the meta is still holding above not the first long, but the second, that break of 121 is still holding above 121.
So if the market takes add a new high. The Meta could actually mean adding more on a breakout to the top rather than a consolidation. I guess it could happen. We'll have to wait and see. I saw that I made a single trade in Tesla, but it is finding something. trouble getting past 196. I keep thinking about Tesla and short Tesla off that pre-market high for a pop and miss. I just put it on the board and it hasn't gone through the maximum. Tesla is very intriguing for the same configuration here, but you could add the door dash instead, yes, we have an intriguing filler right now because Apple is back down to 146, so actually this market is so wild that it doesn't I can say that enough like I was looking at, I mean, look at the NASDAQ going down, so this is probably going to get crushed right now, it looks like we're going to lose 50 cents, but what I meant, well, you know, Apple, we just have to having Phil at 20 and then I went back to 50 and thought, "Okay, maybe we've got a good fill here, but then it was like no, no, and it just went back down, although now here we go, it's going to break at 146 We have to get out of the way when this happens, so when that happens, we will get out of the way of this downward collapse here for Apple.
I guess it's a short guys, I mean, I'm sorry, I'm looking this way because I'm looking at the graph and something else so there goes Apple let's just look at it it's 146 flat right now if it breaks it breaks and we leave we could definitely hold on to that so I hope you know that's something. that we can look at and be positive, so Apple at the moment it seems that 146 is going to eliminate it, we are going to disappear with that name, if anything, it will be a recharge of other stronger names. Apple today is just weaker than the market, we indicated it and it looks like we are going to have to pay the price for going long, we thought there was a chance this market could possibly rebound, it doesn't look like it really wants to, it just took 11,900 on the NASDAQ, that's never a good sign, so, yeah, not a great trade so far here, for me, on Apple, but here it goes up again, let's take a little pressure off to be honest with you, uh, yeah these were good at 46 I'm going to get 20 in 25 if we can do a little move back up, let's take some pressure off, it doesn't look like the length is right, but we'll get 20, look, there it is. and then we'll see if we can get it, go for a winner, but right now Apple is the loser for me, yes, there is a little collapse in some of the Chinese names, but Alibaba specifically is at ninety dollars, even a little bit. nice little bullish flag but it's breaking the channel towards that downside so if this stays below 90 this could be the one and I was looking at Neo on the next dip and I feel like I tried to short I tried to short short those on Wednesday and In the end it wasn't the best it was very short but I feel like Alibaba might be the best place to go but I also have to track down Billy Billy and I know a lot of you have been shouting this name and it came to 20. even if I see 20 again, that is a level I like on the short side, there are almost no questions about it, there is your daily chart, there is 20 on the daily, if you can see a big breakout when it happened and then the resistance since then, then we will see 20 again.
Billy Billy, I want to be brief, but Alibaba, uh, it makes some sense here if it can start holding below 90, even I'll take it too, just let me see a consolidation underneath, break the channel down. back to 90. I'm going to load up on some Intel vs 2910, it hasn't broken yet, but it's proven to be a little difficult to add stock to Dash, it's just sliding lower due to not much volume. vs v-wop and then I'll make an offer vs 53 even, but I'm not going to chase this down. I need to get shorts on this 56 so as long as I'm making money it'll be like 30 or 40 cents at a time and I need more than 30 or 40 cents on the board Brendan it's about time for the crypto upgrade.
I haven't seen a single one today. No guys, yes we are ending the week on a bit of a sour note for not only stocks but also the cryptocurrency markets as well as the positive week, however we have had a couple of up days here no just for Bitcoin but for all the majors, let's take a look at this. This is about jobs today, not just for stocks, but also for Bitcoin's downside in that number, if you missed it at 8:30 this morning, 263,000 more, much more than the 200,000 expected this morning for November non-farm payroll. So if you go into an hourly chart what caused thata lot of time we top out the day we reload the scalps now I just don't want to take out anything else if it's going to top out and go over 15.
I want to hold this for that top breakout it could mean I'm having dips in v-wop now 14 30, but that's about 35 cents away, it's in pretty decent money. but like I said, I'm already out of this trade, so 40 cents is fine, but I'm looking for a lot more. It's like Netflix, if it reaches that level, I think you can really start to go up. I haven't taken out a single piece of Doordash yet and I know this continues, it will go up there, give me another refill, I haven't really taken out that fund. I want to respect the fact that I could do that jailbreak. on the upside, but until it breaks 55 I don't think I want to take anything out here and like I said on Netflix and start adjusting the gears, take something out in front of 320, continue ringing the cash register and then let's see if we can.
It won't be buying into this consolidation area, just taking this dollar fifty whenever I want to give it to me and then if we break the high, I'll still stay for that long overall. Netflix, okay, here we go, finally x-pang, let's go. Wow man, see if we can get a break, even lower than this of course, we just grab some O2. There's that switch point that we wanted, man, we wanted that level there, for the switch debuff of 08 or so, that's where it fell short, we actually tried to get break 10, that was what we were talking about, but I guess everyone else and his mom, I guess they were looking at that level so we lost it, we had to get 08 because I guess someone hit 09 before us. the order just automatically goes out, so I'm taking some profits there, uh, where we are, and then seeing what's happening on the upside right now, for x-pang, I give it to 25.
So, 12 25 and we'll exit . from xpev if it breaks higher than that I don't know where we're going to go but I'm also sitting at O ​​here to get a piece out so I'm hoping expev gives it to us around O and then I'll work on it from there , so far not so good, in the short, but hey, we've danced with the devil with this name before and it didn't work, so we took 20 on O2, just six cents again when we're when our target is 16 cents away . You know, we were trying to get there one by one, but it didn't go over eight dollars, so we had to take a piece there and that's what we did.
Now we're out. no, but we're hoping to get out now at 12 o'clock and then we'll see the bottom, take there at x-pang uh of 12 15 12 25, that's where we'll get out of that, uh, but because we have a piece, I need to adjust the my script order, it's 10 46 right now, we haven't really looked at coinbase today, we talked about a bit of crypto when Brendan was talking about it with us, uh, zscaler, that was a no from Brennan a while ago that name keep making moves too wow z-scaler nothing but the other way around here some of these chinese names are starting to pull back a little so let's be careful with the exp.
I have to focus on that one again, yeah and I probably want to update something with you guys in a UI path here when I like a break like 14, as I took the best breaks on Neta and Netflix, this break 15 also stands out, like this I'm not going to automatically say that I am. Jumping into this long on a breakout of 15, I want to see some strength in the market as it is happening as if the market is screaming to the downside. I don't want to make a high, but if the market still holds and is trending towards Wicks, then yes, I prefer to add this on the way back up, so if it removes the day's high, all you need is for the market join me to add to that position.
You may not get a chance at that dip-buying goal. I haven't been back to that in a while. It's been pretty clean while I was shopping for Netflix. I probably missed the chance to get through the finish line. Now it's taking out the high of the day, so this continues the trend, we reverse to 120 and go back to 121. I mean, all systems go to the upside at this point. The market turns green, this could easily go to 125. Renata, can you look at me? I mean, it's okay, sure. I mean, I look, I haven't seen myself here at all today and I'm going to suspect that like AMC, you've been a little bit active, probably out of sympathy, usually my instinct is to want to fade this away and so when I do I see at yesterday's high 29 27 and a half so my first instinct is why wouldn't it be.
I have to think of a reason not to sell this if it fails to break through 27.50 which doesn't represent as much activity. and the volume like AMC, which usually means it will stop, uh brendo, let's AV XL try to get back to this 13. We were talking about early this morning that ended up getting rejected at the opening, but look at the volume coming back. here trying to break 13 one more time uh for avxl um yeah so I was just looking I mean we were talking about avxl there I was looking at another name that is pretty wild today sure xpev almost stopped us we have a decent level but let's see where's it going man, I mean, x-pep on the negative side, it seems like it's okay, but I don't know, I don't know about this name, so uh, come on just be careful with that uh, we already talked about some levels that we already left.
I don't want to average this trade at all while we were talking there and the NASDAQ broke down, look what Apple did. Apple also broke higher. Right there, so needless to say there are some problems for Apple. It doesn't seem like it wants to go beyond that level 60 that we were expecting, so, yeah, it's not good news for Apple. Bounce off that level 60 that's happening. Sorry, no, you don't even care. I pushed Apple, but my chart didn't work. There's that level 60 I'm talking about, so it's not a big move for Apple, so we'll wait. to see what's going on there, but that's not a great trade for that name, but hey, we're in it and we're willing to see what happens, that's Apple, so what's the other name we're in, xpev , not just down? seven cents so it looks like it wants to go a little bit back down as well maybe we have a good level there at 25. so let's wait to see if if that holds we can average let's try to average in a little bit here uh in this name oh just tanked we just put a bid on 16 so we'll take a 16 and see if that one wants to work for a short 16 uh on x-pang on 25 we'll give it I tried yeah it's still a day solid here, not Timber action, but it's the only short I have left, so that's the only chance I'll probably get.
It seems that the market wants to continue rising, this could be the only one. opportunity I have to use that I just got I finally got 55 on the board so we added this at 55.65 and then when it finally gave us a 40 to 50 cent win or over 40 cents I have to say I got out of the first leg . I'll take more v-wop, that's where it came from and then if it breaks I'll go back for 53.5 half to see if this can actually go down, so it's been good as we go. on Money Talks Billy Billy just double tapped twenty dollars, so I guess I'm looking to short Billy Billy after all, double tap, 20 rejection, even all short out of that level as we go to Money talks with Brendan, hey guys, some dollar strength to conclude. next week after this nonfarm payrolls report this morning if you missed it higher than expected at 8:30 for November nonfarm payrolls which caused this move for the dxy this is an hourly chart with such a large increase that it returns upwards.
We're back in that 105 3105 and a half area which, if you go to a higher time frame, ended up being support for a long time, we were below it the last couple of days, but we're back up to uh 105 and a quarter. essentially a half percent increase here for the US dollar which has everything else slightly lower. There was some economic data overnight in Australia and New Zealand that missed a bit, so there was a bit of additional negativity there, but across the board mostly off eth. and BTC slightly higher again than non-farm payrolls helped the US dollar finish the week.
Yeah, I was just telling Sean Billy Billy that it wasn't a free placement for us, so yeah, yeah, you should never make an assumption. an ass out of you and me, I think that's the line, but I had assumed it was, that would explain why I couldn't offer it, but it's a penny to share, uh, so we can trade the world and look for those from you that I can't say that many times you have to pay for placements and your broker or some stocks are actually not available. We are lucky to operate in the world because most of the symbols will be free for us to get placements, but sometimes you would have to pay if it was too much, I probably wouldn't do it, but a penny a share is obviously reasonable.
It has been trying to get to 75 or 80 with a stop at the day's high here at 20, even though it is a big level in the market. daily chart I want to see if I can get back to it. I was celebrating the session and it bounced off 55 and is going back to the day's high so if I can get more shares off 56 I will. Go ahead and do that, but it has to be a little bit closer to 56 than the last time I got a mid 55, which I think isn't perfect in the market that's screaming up and if that's cool, Netflix is ​​coming back to the top of the The day we received our refill, I'm holding this for the top break.
I want this to get off the top and then I'm holding on and looking to buy dips so I can add to this that Nvidia target for a dollar in the money. Nvidia refuses to come down and give me these fillers I'm hoping for 165, but if it breaks 67, I want 68 in there, looking for about two and a half bucks on Nvidia before I cover this, so it's all good man. We are absolutely rocking, hopefully we will finish the show at our highest point all day. Drop some money signs here x Pang, 13 cents now in the money and rocking and rolling now, uh, down as we just covered a bit. there we are now we're at 50 of this trade hoping that we can make some moves down now on x-pang and just pull back pull back until we get to the disadvantage here um but that's definitely having an effect look at Apple, I just took 40 cents for Apple since it just came back, so we're like Silent Assassin here today, holding on to some of our trades and trying to be as patient as possible, so right now Apple is a nice little move here happy with this up move there for AAPL let's see where we go with that name uh moving forward um and it's yeah it's almost 10 55 or 8 now at most yeah we haven't really looked at it too much um I had some thoughts on Actually , it never set up and I kept looking for the short a little bit higher and it just broke the channel down, so if I had paid for placements at the top, I might be thinking short, even a lot of fives, but at 22 cents a action.
I just didn't like it unless it went much higher, unfortunately, but it broke the channel so the support I was looking for obviously won't be there, but I chuckled when you said AAPL describing Apple. I can't tell you the number of times and I have done this when my daughter loves to write stories and sometimes we share and write stories together and I actually write the word as apple. The world, I'm not talking about stocks and I'll just write AAPL and she asked me why it's not spelled like that, Dad, yeah, yeah, and I won't even think about it, it's just that's how it is sometimes.
Old habits just die hard. I have to mentally remind myself that it's not spelled Apple AAPL, which is kind of disgusting now that I think about it, what's up Daniel? Do you want Cash Cow? Put it in the chat, okay, cool, I mean, that's it. What we're doing today, man, we're dropping that cash for those of you that saw me yesterday with the Rune, same story, man, no matter who's next to us, it's the same story, but, You know, so far it's been luck, not luck. I mean, I'm glad to be here and I'm glad you're trading with us, but you know some of these calls have been pretty solid, like this xpev name, we didn't look at it until we waited for the 50 period to finally break out, so which I mean this is, you know, I have to call it busybody Michael or Charter Market technician because we waited for that there like a technician waited for the key level to break and when it did now we are taking advantage again on v-wop and here it comes the drop down menu, hopefully for x-pang and we'll try, like I said, try to keep this a little bit longer for us today x-pang, look at this guy at 70 again, my best start is 85.
I mean, this is what happens when you know you have a decent amount of stocks and you can afford to take some out, uh, at different levels, so let's move ondoing that. Now we only have 30 left in this downward movement. and I'm just going to hold up the rest, you know, it slows down at lunchtime, we've seen it time and time again expand, so maybe it deviates, uh, I think it did yesterday, right, let's see what it did. Yesterday yes, yesterday at this time we are here, so that's good, it's 11 o'clock and then there's the downward drift, so you know, we drifted, what did we do the day before?, we drifted upwards, so there goes that. theory so we're going to go one and one in the last two days but there's very well done x-pang on the downside it's cooking and uh we're cooking with it so hopefully X Pen continues to move towards down with just three minutes left, that's the only position we have in Apple look, we did exactly what we said there, so now Apple again, man, we were nervous about this compensation at 146.
We talked about it at the dance with us a couple of times, but each time it came up In the 60s we dated, so Apple so far so good here today, yes, I see Magnus asking about Netflix and then about Alibaba. I'll go to Netflix first because I'm obviously already on this right now, but I just want to point out that Intel is getting close to below that 29 and staying below v-wop, which I don't mind re-entering, in fact, the market breaks channel down, it's Intel I want to go short, obviously, because that's the First I'm looking for weakness, but I want to go to Netflix for you, not just because I'm in it, but because the market is coming back at this time of day.
I usually don't like to sit on the offer where I am. I think it will consolidate. I prefer him to drop, go to the side and then come in because at lunch time is when you don't want to trade too much, you don't want to be too aggressive going in and a lot of times he won. No, not only will Wix do this where the bottom stays there for just a couple of minutes and then goes back up many times, you will have the opportunity for better consolidation, which is what I want on Netflix, but if this can contain V WAP, there is a big gap to fill and I have no intention of maintaining that gap.
I'm also on target in a similar circumstance, although it's not actually v-wop, it's the breakout price 121 and um, I can show you in the three minutes that it's just yesterday's high uh 121 change 121 this morning we had 20 before, but that was more of a read on what was going on, it was 21 which I liked as a bigger level and I'm still kind of short door I guess I just said I only like Intel short, but I'm also short door , okay, yeah, so just some thoughts here as we get ready to rock and roll. I'm just trying to get a little more from Apple. down here I hope it fills us up and for some reason I'm at 26. uh so let's wait and see if Apple gives us that top up on the long side here uh and it's right up against this 146.
I'm like I'm we're not running out of ideas I mean, we never run out of ideas, but I don't really know, I don't have an opinion right now, too much about this market, it's been exactly like that all day, it's starting to go up little by little and we talked about it, it's because That's why I went long in this bearish movement. I just didn't think I was going to keep those funds. I should have gone long on the futures we talked about yesterday with a rune like. I should be trading the futures to be honest with you, huh, but.
That's a nice little move down right now, or sorry, a dip right now in the market, but it's a nice move down and then it started to go back up and that's why we pick our poison with AMC and Amazon, my two number one stocks today. uh we built on some of those bottom picks right Marvell is also a good stock today let's check back on Marvel right now we liked it a 40 yeah so again good good name here no outs ya You know, no, there are no higher outputs than what they are obviously. a positive day at Marvel The only name we lost on uh I mean I don't want to say anything significant because it wasn't AMD we didn't make any money on this trade for so long a long time and we didn't make any money. this AMD trade and it's a good thing we're out as the bar code is a little lower here at 75.
This could also be a good long but how much better we like 74.50 here so let's see if the market continues to fade . we have our target for Apple at 146. So that comes out and then we go, oh, I did it, it's 11. It's 11 o'clock. I not only got Intel but the other name that is breaking a channel. The downside is that we're talking about Alibaba, uh, below 90 and looking to break out of this consolidation in v-wop as well, so there are a couple of names that could start to come into play for the short side. I'm already on one of them, Intel, uh, but Baba seems to want to break up, Canal Billy Billy said.
I missed it at 20. I had to pay for placements, but 19.99 is the max at Billy Billy and like the other names in the space in the general market, it's now testing. low I'm going to cancel my offer here, let's go back up there. Are you sure the locations were not correct? So preparation is important at the end of the day, so you shouldn't just assume that locations are going to be free because they usually are. I should have checked to make sure at the time this was in play I didn't so I didn't get the short there, but it's 11 o'clock.
I see you're ready to go, Sharif. and Trader go get them he's got the shirt on that's overrated making a move Sean you got that I should use Neil yeah I tried actually I took that time out of sight welcome guys to the noon show it's Friday. happy to have you, uh pradley, and i'm seeing some things. I know I'm seeing a lot of Chinese stuff today. All these Chinese announcements are moving and guess what your favorite stocks are back in stock today with Peloton pride, oh yeah, buddy. I know, we love those stocks every time the stock moves.
I actually didn't know they were in play, so we'll have to rely on you for the Catalyst for that and see what's going on and how the stock moves, but hey, you know what time it is, it's noon, the marketers can have time and for some reason, I think you might have to reset the leaderboard there Lucas, it's wrong 100, for sure for me. I'm not sure about you or you're not even in a position, right? and it says you are in a correct position, so yes. We'll need to update that, uh, let's show you a couple of trades that I'm in right now.
There is going to be a short platform target near the day high around 122, going short here we were at 30 Cent. winner in this position to take something, I mean we're still at 30 cent winner, took some color there, but I'd like our biggest flash, these markets to come out with a random drop, well I guess it wasn't random, it was off. of a number, it was an unemployment number and it was a payroll number right now, the unemployed payroll number is coming in much stronger than expected and that surprise in the market or that's a price in the numbers absolutely destroyed the market and before the market fell. on the downside, turning the mark is red and to be honest, I didn't expect to see that number move in the market that way in my two years of watching Marquee.
I haven't seen him move like that at all. So watching this movie I thought, Wow, but surprisingly, Grendel said he relied a lot on the headlines. Anything is really big, exactly like that. Exactly that is what I said in the trainee chat also in our Google chat that we have on the floor. I guess whatever numbers the Fed is looking at right now on inflation in the current environment we're in are going to have to be on their toes because any surprise, even on the positive or negative side, will simply influence the market. Crazy, a big monster move for anyone who had short positions ready to capitalize or even get into short positions to capitalize on it, but the market since bottoming around 40 10 has been going up, we are now above the view for both the NASDAQ and the S P 500 Marquee and most importantly, even though the markets are down, UV It's a little bit of uh, what the hell is going on?
Type of question: If the markets are down, would you expect uvxy to go up, uh, especially when it was trading around eight dollars not too long ago, these are modified so the chart can move a little bit. So even then we need to see volatility increase and to see that fear is coming to the market and markets are going down, but that's not what we're seeing right now, there's a lot of confusion so I'm. I am quite confused as to how I want to position myself in the market today. I have a couple of records and I also have a couple of shorts and now the position board is updated, you see there, my two longs are out of the money Baba and pindu a Duo are out of the money right now and my two shorts are firm and meta platforms are in the money yeah I'm not short 1171 on xbev just uh fyi so the leaderboard hasn't. completely updated for mine I think, but speaking of xbev, these chinese ads are now being retired.
Let's bring the side chart here some of the ones I'm seeing, in fact three of them are Chinese ads which are xbev jinko solar. and Billy Jinko is consolidating laterally and has his own independent catalyst, we'll get to that. Those are the solar stocks that Brendan mentioned to you that earlier on the morning show he watches xbev and watches Billy, I mean, they're a lot more. Downtrend uh they have a much bigger downtrend than jks which is still consolidating sideways and holding well above the up view xbev has now broken the down view looks like Billy is about to give it a try, so I'm trying to think of the play. here in the Chinese ADR, it just continues south and maybe pulls back closer to the opening prints or there is a bounce somewhere here.
I mean looking at jks and xbev as well as Billy, they are all above the 50 period at the moment, I like to use the 50 period for intraday trading, there is no doubt about it. If you watch the show, you'll know that. So, you know, I'm not willing to rule out the bounce play yet, just based on where the chart is right now. proudly, but looking at the three, in addition to the Chinese ads, I am also keeping an eye on the tops. I mean, he's not doing much right now, he's technically above 30, but he's below v-wop, so it's not you.
I know a long play, in fact, it looks like it's gearing up for a short position, we have an aggressive breakout of the downside view and then we have an uneventful consolidation period here and that's usually great for what I see. like. We call it a flat bottom breakout where we just get that sideways movement and then continue down. We're above the 200 period right now on the three-minute chart, so I'm looking for highs, you know, for rallies, we're up, we'll talk about the long. but right now getting ready for a nice short, um, let's see what else, yeah, we eat, what was this company called, it's called ehealth, okay, so this one just popped up on my scanner, it's a five dollar stock, which is not It's wrong, 1.3 million shares are dying. off right now uh this was a better playback before now the volume and the tape are getting quite thin so it's not the playback it was we'll have to wait for the volume to come back on this one but I've definitely given it the Watch out for those six Bradleys.
I'm actually pulling a Platoon here to see what exactly is going on with this position to see if I had it on our watch list. We don't, so what's going on with Paltan? Today, what was the Catalyst? I don't know what the Catalyst was here, let me turn it up real quick here while you do that. I'm going to look at the daily chart here for Peloton. Peloton, obviously, rose seven percent heading north. on the side today with a kind of catalyst. I would love to know what it is, as you know. It already was. Sharif was looking at him.
Here's a daily chart just for a quick reference on where we might see some barriers to the Peloton's appearance. around 13.50 i think we could see some problems or even 14 we could see some problems the stock already at 12.66 today we broke 13 but unfortunately we got below 13 and now we form a base around v-wop like the S P 500 and NASDAQ are trying from staying above v-wop right now there are two Longs that we have on board they are trying to back off slightly slowly we will see what happens pin duo duo the reason why I am actually getting pin long to a The gate around 85 se because yesterday he had trouble around 85.
That was the highest day, we had some good shorts around 85, we had a monster long around 80 and we took a winner fromif it was a live update, so it was crazy. Costa Rica was winning and they were going to pass and it would be Costa Rica and Japan that would pass and Germany and Spain would eliminate, yes, like I did. It's not like that and I had a conversation with Sean earlier this week and we talked about Legacy teams, yeah I don't know how this isn't very equitable, but for interest rating purposes, can I do something real? quick guys Baba is a 16 dollar in the money.
I am making profits if you are on that profit taking too and pindu will make 70 80 cents in the money. I'm making more profits. I suggest you do it now. Quickly get back to where we were on, yeah, yeah, basically the idea is that the teams that a lot of people like and that a lot of people follow, some of them would like to have their way into the world. Cup without really qualifying the idea, uh, or the reason we were talking about is that Italy is not in the World Cup and the amount of interest that the World Cup is losing because the Italian team is a very followed team, there is other side.
For that argument, obviously, it's a meritorious competition where you have to earn your way and we realize we're just talking about spitting, yeah, but that group, that E group, what group anyway, let's get back to some actions , ah, Platoon, not really. Holding a lot within that range but not breaking out of the top of the range or below the bottom of the range and I have orders going both ways so I'm waiting for that one to do something I have. a breakout, a rest order through this upper breakout here. I feel like we're creating higher lows, maybe not necessarily higher highs, but definitely some higher lows here, which makes me think, makes me feel like this one is tilted more up than that.
It's breaking the bottom up view, but you know that could change very quickly and that's why it's a rest order and I'm not in it right now. Billy, this is the one where I really feel like I was wrong and I should have. I've been waiting, I assumed Billy would regress the same way xpev has been regressing and it really hasn't. Billy has been leaning higher than uh exped which is now consolidating sideways and trading below v-wop so Billy Geez I feel like a fool not wanting to have God in this trade but anyway looks like maybe we are Amber Heard, yes we are possibly approaching a triple top here, some really major resistance levels. around that 1990 20 area, so we'll see how it acts in those areas with pride right on Lucid green says chat wow really lcid is going green on the knee, let's see the stock very fast lcid on NASDAQ yeah, check this out, look at the move coming into this baby, but if you're bouncing breaking the 100 period EMA right now on the five minute chart turning green and being green around the point two percent, I think that's the highest we've seen, it's a little move coming in this bad boy uh I saw a comment in the chat saying why is this show so afraid of taking more than two percent it's not about being afraid look I'm making profits from Baba while Baba is making me gives profits.
I have a 33 dollar in the money. and I'm still 70 short of my size in this position, by the way, it's called a day trading fair, so we're taking profits and busting our profits. I am not here to portray the dream of getting rich in one trade. become a millionaire in one operation, like half of the YouTubers out there do, and try to scam you into paying hundreds of dollars into a Discord server. We show you a cost-effective setup, how to rinse and repeat the same setup over and over again. So here is Baba taking profits. I am taking more max profits per day in this position but guess what, I still have 60 of my size left in Baba and guess what in pin duo duo as I am about to take more profits. being a dollar twenty in this position, I still have 60 left in my size for a possible change to 88 and I'm doing all of this absolutely free, absolutely free, zero dollars.
I'm not telling you to pay hundreds of dollars to join. my Discord to learn how to make these types of moves and then scam you with those moves, so I understand that this might not be the type of trade you want to see right now, but this is how I trade as a day trader. as a trader in the prop company room who has to worry about a shutdown if they shut me down on the day I can no longer trade, unfortunately, would it be fun for me to be on the show and not be able to trade at that point the most probably not.
I'll probably be sitting here pouty-faced crying for the rest of the day and not being happy and today is Friday and unfortunately free fall kicked off the start of the day, but there's nothing free about this. Fall comes to light as we have been moving north since then, so Free Fall Friday is cancelled. Free Fall Friday was picked up by Powell actually two days ago, on Wednesday, when he appeared on that podium talking about everything, uh, stop, stop, the moderate side, so thanks to Papa Powell for canceling Free Fall Friday. two days before, even before Friday shows up dancing, you want your closing amount to be x amount of dollars, whatever it is, but the point is that I have to negotiate around my closing.
You know, I always aim for those 17,100 engines, those 400 percent d-wag Baggers. I have to bag my trades one to two percent on every trade I can find and if I can, you know, get a 70 win rate like Sean was talking about. about those one or two percent they keep adding up, I keep adding up and then I keep evaluating the good trades, reducing the bad ones, there is nothing wrong with winning guys, there is nothing wrong with winning, definitely not, and the players are back . on Wall Street buying this market with bad news, don't you just love Wall Street?
They are so down to earth and down to earth. Okay, so let's take a look at the futures here because I had already drawn some lines before. I had that level 40 32 down. I felt it was a good level. You had an attack here, a breakout here and then a pullback, then you had the final breakout here and then look at this consolidation area that kept bouncing. outside of that level, then we had the 40 54 level locked in, so the market had basically been trending between that 432 and that 4 54 for most of the morning and that 454 level came from this half hour chart here, look at this fall.
The period yesterday that we had right at the market open goes straight to 40 54 and then it bounces again and that level was tested again today for most of the morning and now it has obviously been broken to the high side and it is because That's what I proudly told you. We're heading north on market 40 81 I think it's closing yesterday at five, yeah, five o'clock Toronto time, four o'clock Chicago time. 40 82 is the level I had, I think the pre-market high. although as of this morning and that's in thin trading it's 40 84 so 482 484 towards the high side definitely for that market for a market pullback so keep an eye on there and then also look at uh if not we do. let's get to 484. and we go back over the south, we look for a possible balance in that 454 450 area so there can be a buy zone in and around that area, so that's my view of the futures with pride, uh Peloton printing for me now.
I'm printing in the mid 80s and now I'm in the high 80s on Peloton, so this ended up being a really good commercial curling, which made me wait, although let's take a little more here, let's take a little. at 89 uh we don't seem to get that fill traces back off excuse me go back down to 86 as we'll be a little more patient there proudly wow meta platforms am I glad I can hit on my short or on those levels where? I did it because look, this is where that thing comes in again that I was talking about all the one percent and two percent trades, like if I didn't go out there and hold it to the cap, then I was going to lose. all my last sides left and now looking at the meta platform making a new daily high going through 122 again now trying to get a 12269 123 will most likely come into play here we already know how strong the action has been until this Friday here I mean why am I showing the 15 minute chart?
Let me show you the daily chart moving there from 110 to 1 to 120 almost then this day here from 111 to 1 20 again and then today. 116 as the bottom to 123. I assume the stock wants to reclaim this 125 range to the north side, most likely we will expect the target to go up to 125 at some point today if the market holds. continues to go up, but if the meta doesn't, if the market doesn't continue to go up, maybe the meta doesn't actually go up to 125 and get on Monday or next week, going into a question for that 125 level, we'll see if it does. we reject. 125.
We will see if we break above 125 and start trading between 125 and 135 in the market here for meta platforms. Lots of fun moves come in the finish line. Breaking ranges are always good because we're going to have some volatility, some movement, something fun to take advantage of. Sharif just said AMC Hyatt diesel, let's send it. Yeah, it absolutely looks like we hit the day's high there, uh, 868.60, now that's the highest day we're at. days uh some size comes here on uh in the book but the chat was lighting up with AMC come on come on so I'm okay well I gotta watch AMC and here we go we're on Hive days on That one you know we're still up five and almost a quarter percent on the day, nothing too crazy in terms of incoming volume.
I mean, let me look at this last three-minute candle that we made around 260,000. The previous one, yeah, good. volume man 684,000 for those three main candles in particular, so there's actually a lot of volume coming in. I should correct that, um, that 60 level holds, although the sellers actually appear there. No, not too much, there we go 61 60 breaks now. We're up to 62. This one's printing guys, uh, whoever's on this long congratulations to you guys, you're printing. I'm still looking at my Peloton for a long time, although I'm looking to get some out in the 96s. Now I get 94. the question was so close that there were a lot of 71s, so it's a good trade with pride sir, I love it.
I'm so glued to sports right now, but at the same time also glued to prophets, baby baba, let's go for almost two dollars. the money we are making more profit on baba baba with crazy move right now and the same with dual pin Duo, let's make it 50 of our remaining size on both trades that way the rest of the size we have left is money home. we've already made some money, this is a kind of gambling mentality, obviously you don't want to think of the market like a casino and gamble on it, but if you apply the same amount of risk management, then it's not like that.
It doesn't hurt to think about it that way, so if you're at the casino, you walked into the casino with a hundred dollars and now you have 200 dollars, take out the hundred, put it back in your pocket and play with the house. money that's what I'm doing now I went into the casino I put my money on the table the casino paid me for my risk and now they're paying me more so what am I going to do? I'm going to withdraw my money. In my initial investment, I'll let the rest of the stocks ride here, but hey, you know me most of the time, when I say I'll let the rest of the stocks ride, I see something wild in the market.
I'm going to completely alter four of my trades as soon as I see something crazy coming, I'm going to alter four, but right now we have a dollar fifty in money for both Baba and pin duo, something that's coming out on the left. The side of my screen here is Coinbase. We actually didn't talk about cryptocurrencies at all yesterday and I don't want to today, we don't want to miss that topic, so here's Bitcoin, about 17,000 that we did. get a nice little move back into bitcoin at least to 17, we won't continue to go down the abyss which is always good especially for a cryptocurrency investor, ethereum barely positive on the day Solana keeps stealing from me, that's awesome. cardano went up, but you know, to the point six, four percent of the German currency, actually, you know what the most of each stock, that each coin that I track almost three percent, so cryptocurrencies are going down moving.
Coinbase is apparently moving north, it just won. a relative strength run a new daily high for coinbase of almost four and a half percent on the day so a monster move broke 47 just now NASDAQ around 100 periods just shy of 12K with how the market traded around 12K all yesterday and how uh the NASDAQ changed 12K from the number 830. I think we will stay below 12K in the market. Sean already said that he believes that the S P 500 will remain in the red for the rest of the day and will not actually turn green, so if he believes in that and if I believe that the NASDAQ market is not going to break above 12K, then it could be a good reasontoday the first stock I wanted to see was ual because I wanted to short it but there was no volume in it, there was no real trade in it, instead Boeing was the real trade.
Boeing went all in by removing the previous day's Maximum, that was the trade right there. I also want to quickly move to pin duo duo, so I told them that if fxi breaks that rage to the downside, I want to take a trade on the shorts for pendul and Baba, but I'm not taking the same amount of size that I took on the long side. . I'm taking off maybe 50 of my size that I took on the long side or less for two reasons: one, I'm still bullish on these positions, so I don't want to bet, giving my entire day back on these trades with these short positions two, uh, it's just at that time of the day that we are at 12 30.
The volume has been going down since that 8 30 move that we saw and that open 9 30 move that we have seen since then the volume has been going down why would you be betting with the marquee showing you my letters? Imagine today that we are actually playing poker. Imagine you're playing poker at a casino table and you show them the whole table that you have pocket aces, now you're just telling them to fold or you're showing the whole table that you have seven odds and then you're basically telling them to fold. saying you have the worst cars in the game and and they can bet on you against you very easily, so right now by placing trades with a large amount of size, you are basically showing your cars to the algorithms and they will drive the market, drive actions at those levels. where you know that the stops are in the version of Poker that I play and the one that, as my family taught me, is a little different than holding them, so in this case everyone receives five cards and there are no, yes, no, community cards, each person receives five. cards and then the person next to the person, so if you're serving, you're dealing, you're dealing.
I mean, the person to your right is the person who has the first word, so look at the five cards they have and they can't open unless they have a minimum of two picture cards, which means two jacks, so neither they can't even two tens they won't two sevens two eights won't do what you want to say they can't wait and then you only play with seven with a number seven onwards you don't play with two three four five and six you only play with six when you have five people you play with seven and up when you have four people then that means you can't open up means you can't like okay I mean you can't yeah I'm expecting a 20 or whatever you have to have a minimum of two picture cards, if not, you say, pass to the person on your right. then you have the right to speak, they say, yeah, I have to say, uh Two of a kind, two queens that throw and open with 20.
Once someone initially bets, everyone next to them can enter, they don't have to happen. in the French way, I never do it because yeah, yeah, I'm not sure, I guess I don't see it played very often here. I've never seen it in a casino, to be honest, that's the old one, uh, I don't know if. Is it a French way or if it's a French system or whatever, that's the only way I know how to play, but the hands are the same, so the card combinations are all the same, so you're familiar with them, You know? but I guess it's a completely different strategy, obviously, and you can take up to three cards so you can change three of your cards, three of the five that you got after the first round of betting, after changing the cards, there is a second one. betting round, so it's an interesting system.
I don't know if anyone in the chat knows about this system. Yes, today we will have some fun at poker. I look at the goal, that 123 short re-entry. when the market had a nice little pop, it was perfect, a little 50 cent scalp. I'll continue trying to scalp the metal this way. I don't want to make a real sized trade on meta, uh, to the short side because This is going to be an absolute bet, the stock is too strong and it's kind of trending right now, so we're not going to try to make that, but we're out of the trade, we risked the 10 cents and then got 50 cents.
It's a nice clean trade to the south side for us in that regard, but unfortunately pin duo duo right now 30 cents of the money since fxi still doesn't know what he wants to do, it seems like he wants to squeeze me. and Baba is just under $91 and is forming a base below 91. So if I were to re-enter Baba, it might have to be around here because I don't know if I'll have the chance to go all the way back. to 90 but I'm not going to do that I'm not going to add in this range I'm going to wait for 90 uh something that Greg always mentions to me, it's ringing in my head right now, I'm actually talking about where I am.
I want to get in, you know, as a day trader, our prices are very important, so if my price is important, I'm not going to waste my time here, in the middle of the range from the previous high and this one. low and the new high I will just wait at my level where I think it will go down if it goes down to 90. I will try some ads there if it drops below 90 until 89, that is my last line in the sand where I will continue adding and then if it breaks that 89, we are out of that trade, if that 89 is not broken, we could make another move to the North, but I am not betting with that 91. area but lock in a Duo right now we are suffering a little on the short side since 30 cents of the money is why I said I'm not going to take that much size on this short side on Pandora Duo As much as I've had to spend a lot, I don't want to give my whole day back.
It's also the middle of lunch time. There is no volume at this time and then the volume comes back. That's where I want to take my thousands upon thousands of shares. Trades I don't want to do that at this time of day, so apparently it's called five-card draw jocks, it's better, okay, okay, so it's nice to be able to put a name to it so you can identify it without having to explain it to the person. people next time um yeah, not much to report on my trades uh Billy is going a little bit against me here, so since I took a half position here, I'm taking the opportunity to average the breakout, this time it will be 20.
It will be where is my stop. I'm not going to linger in front of him and take out Wicked and then have him back on me, so Billy, that's what I'm doing on that fxi backing off a little bit. I'm going to give this one to the breakout of 50. um no, these positions are super Mickey Mouse positions by the way, it's slow, it's Friday, so I'm just trading for the purpose of entertainment, I guess you could say, but it seems like my time here is up, ladies and gentlemen, uh, my special guest is coming in handy, buddy, well known on the show, uh, he's going to walk you through your exchanges and I'll see you on Monday, so take care, Bradley, thank you. .
Goodbye, Friend, always. I had a great time having you by my side Sharif, the main man, Sharif, the sheriff, he's headed now for the rest of the day here, uh, he's going to the gym early today, yeah, afterward, yeah, make sure you come back for four. However, at four o'clock, because I want to take your hard-earned 20 20 dollars that you've been earning trading here. I want that 20 dollars in my pocket, baby. We're talking about poker night tonight. Hopefully Neil will show up, but Neil stole from me last time, not you, you stole from me last time, the last card won you the game, at least that's how I remember after all the Crown Royal Luca got me drunk.
So I was, I was pretty gutted, I got drunk, you know, Luca faked shots down my throat, so hopefully we won't get too drunk today so we can protect some of our money, uh, obviously, we are. Let's look at Pin Duo Duo as it goes back down, let's get on a Duo, but most importantly I want to cry for a meta platform because metal will probably give you, as Sharif always says, give up the goat. the goat is giving into the metal right now, he's giving you a dollar a share, sure it's 123. I wish I was still in this trade, boy I'm so upset with myself, how am I going to get that trade twice in a row? perfectly, uh, enter that trade perfectly twice in a row towards the short side, but add it both times.
I mean, I guess I didn't really group it together. I changed it according to my plan, so I should be happy about it, but it's moving. down right now with the rest of the marquee as John said the tick might not turn green today for the S P 500 and like I said I can't see the NASDAQ reclaiming 12K, the shorts are back in play, fxi broke that , uh uh Area 2860, so we're going to go back down to these Chinese ads, so pinduo Duo, we're going to earn 20 cents on pin duo duo. I wish I could put on the Baba shorts too in the 91 area and then throw them in the 90 area where we could have changed to long so I guess we could still do that but we just took a size smaller in case rise above 91 again, we're not sitting there taking a big loss on our position, so we might have to do it. short appropriately and/or size appropriately for how much money you're willing to lose should 91 get taken back to the north side in slime, but I'll stay away from that.
I'll just go, wait for the long around 90 and around 89.89 for Bab EA, but Pandora Duo we'll love that position. Yesterday we killed Bill Pindou on the north side of the pitch and then killed him. the south side on the coast also currently while pinduo Duo is going down there are 104 lots in 87 and I want to see what happens obviously 104 lots is not a lot of size for a stock that has been trading 11 million shares on the day with 1 .0 relative. The volume is not a lot of volume, but it is still a decent volume on a relative scale, so let's see if these lots 100 and 504 on the pin to make here 87 take a hit in the bid and we get a little color even more to the downside . which I can make some profit from, okay, oh, you're used to the dog, so you're okay, you're not locked in yet, uh, we'll give you a little more time here, we're still looking, uh, maybe. maybe we can go to the light count a little bit, let's go to the light cow real quick and see where we are with that bad boy today. oh okay, 2k not bad, we still have 4.4k seeing uh, we get to 3K before even asking yesterday, that was a miracle, we enjoyed seeing it come out of nowhere, uh, but let's see if we can get to 2.5 or even 3K. today keep in mind it's friday and friday means rapper neil will come on the show today coming to the end and rapper neil will only appear if you mute what do you mean mute my muted rapper?
Neil will only appear if he gets the closing show in 2K tranches so make sure you get the closing show with up to 2K likes and then also this show with up to 2.5k or 3K likes would be appreciated. Thanks to everyone who has already hit the like button. Make sure you are. Also press the Subscribe button, subscribe, if you haven't already pressed it. I know a lot of you are subscribed, about 70 of you are subscribed, which I love, but 30 of you are not subscribed, so if you're not subscribed, hit that button, it helps us. According to YouTube's algorithm, many people in the chat have a green name and you're probably wondering how you can acquire that green name.
You can click this join button right next to the Subscribe button and you'll get a nice little pop. summary box with Brando explaining to you what it means to be a member of the live Trader TV family, you get badges, you get emojis and maybe at some point more benefits of being an optional five dollar a month donor. We also have products on YouTube. store directly if you click on the YouTube logo of our channel and click on the store right there or merch with exclamation points in the chat, you will get a quick little link to click on uh and it will redirect you to This page of here I had that hoodie yesterday and Luca also, surprisingly, had the same hoodie yesterday and you can buy it.
You could look like me, you could look like Luca and we could all twin with Trader TV. live merch so buy some Trader TV merch and represent the best YouTube trading community out there in the world yeah what's going on everyone hopefully everyone have a great day enjoy join in this Friday and , yeah, man, Mark, it's been crazy, things have been crazy. see someone in the chat room before they say AMC is going away and I'm like, oh yeah, I located a bunch, so, yeah, you know, I ran up to that 860, but I really hope this, I mean, now It feels like maybe you already know I'm dead on v-wop, I'm not really doing anything.
I'll share some of my trades with you, just to catch up, this was kind of like I want to see this go up or get longer. was the justification for this, like I was taking the v-wop holes for a long time, so this was a very, very small size, then I added most of the portion I wanted for the return movement as soon as It got here, I thought I don't know, maybe it will come up, maybe it won't let me get out of this.for the small scalp gain, so it wasn't a really crazy trade that I really wanted to make.
Be anyway, so I'm not too upset about it, but yeah, I missed it. I really wanted this closer to nine yesterday, we got there at nine. Everyone remembers yesterday. I remember it because Pratt was going crazy saying, oh my God, AMC stopped. I'm in. back there, I said, get out of here and yes, I actually held on and blew up. I think a lot of people were looking at this name, that eight dollar level was something special and this is a good example of I want cover because this is something I was also looking at before and let me quickly open up uh maybe maybe the 15th or the 10th.
Hopefully the 10 shows this so we're at seven everyone remembers on AMC before and when it was above eight and we didn't get above eight on this day here we're above eight I think on the 15th yeah , more or less the summer here, when it actually had to go up, then it went up a lot and it was over eight right now people are going short, right, people are going short, so people are going short. it's falling short, it eventually fails and you have to imagine that a lot of people, you know, some people are swing trading, some people are day trading, like uh There are a lot of players in the market.
AMC is one of those names that I want to believe that you know that when you take a short above eight and it starts to fail, you hold on to that short because it's AMC. I mean, this could go away. let's go back at five, it bottomed around five, so you know, it's a good risk to hold that short again and then we came back at eight on some kind of news, I think it's related to Amazon, oh, we're buying, let's move. In the movie business, I think that was this move up, if I'm not mistaken, but we didn't really get past eight and, uh, we didn't get past eight, and if you consider the fact that everybody's got more to go of eight, we return there. we don't break out, we fail again to the downside and you say, okay, you know what our eight stops are, right, this is my thought.
I thought, oh, maybe you already know yesterday if we broke eight, but I didn't have the Exchange as you can see and the reason is because I just don't know, maybe I'm just wrong. I don't want to, I don't really care, like you just know it was a level around here maybe. it was a level here, but here's the thing, don't forget the levels that you laid out yourselves because this thing broke eight and then, like Off to the Races, it stopped, so I guess, in a way, The story is that , like you have a level, you map it, keep that level in mind, keep it on your watch list because this is a trade that you could literally take like you know two thousand stocks with very tight risk and you're like 50 60 cents to stop immediately as you know increase the stats why not properly and then obviously everyone has the short here so now I think you know nine is a level it will be very good if we can actually go back. to nine um I wouldn't be surprised if it's AMC anything is possible the fact that we're actually maintaining this trend maybe it sets next week maybe we get to 10 that will be really good but yeah for the moment, now we return. down in the view up is not really a trade for me um yeah I was really hoping we would get to nine but we didn't but I think the next significant level is you know call it nine to nine fifty and then 10 will just be pure games if we get there we're definitely going to go over 10.
There's no way we're stopping at 9.97 like that's my game so yeah we'll see what happens there uh but yeah it's definitely very exciting. I always love trading AMC when it's on Play had a couple more trades today that I'll share with you. Neil was nothing. I didn't really change it too much. I had an exchange. In fact, and I was just telling him this. He was talking to Max in the back. There I changed a lot of XPath today and this may seem very sloppy to you, it may not make sense, but there is actually a method to the madness here.
He was trading expev when he went up that day, uh, I traded quite a few. xpab I like a lot of stocks, but I was essentially looking for the move that day. I really thought okay, here's the extension move to the upside. I caught some of the long, but I really like the short for the move back down. I thought. We would get it, but it was a very crowded exchange. As you can see I was trying to short here and every time it went down I just came back to cover and then I was like recycling a lot of stocks, but the plan was not to take 10 15 cent winners, the plan was fine, it was missing a lot of size, held for the v-wop pullback and then oh it wasn't happening, a lot of size in the offer wasn't filling. so I had to go out of my right size and then we went higher and the movement held and so essentially I was up in the name that day.
I had a lot of exchanges, but my bias was like, well, we. I'm going to go down through v-wop so I'm going to hold on for nine, that's what I was trying to do for this one and it just didn't happen and then I figure the next day we come back at 10. so I'm like, okay , you clearly know that the movement is happening overnight and then fast forward to today, now we are up again. I think okay, maybe people are being squeezed, let this exhaust itself to the upside. Try the same thing, but today I'm actually going to recycle.
I'm just going to take the few wins I can get. You know, like 10 or 15 cents. I'll just evaluate. I'll take the wins and uh. that's how I approached it today, so I don't really want to say, I know I do it right, it doesn't really seem, it doesn't make sense, maybe to a lot of people who are watching this, but essentially like a day. operator as a reseller for me. I'm basically reading the tape. I'm waiting for it to slow to the upside and then just short and then cover, but I didn't realize today was SSR.
Going in and I'm not getting the fill, I'm like, wait a second, why am I not getting the fill? I say, oh, it's SSR, I'm going good, okay, let me turn long, so I turn long here, covered a little bit like towards Alto. one day and then we had the next leg, unfortunately we missed that one and then I was really looking for this right move and I thought I wasn't willing to wait until we got some kind of volume like Catalyst, some death candle and uh, so this was like a very, very fast scalp in the uptrend because it's holding the Trend, it's a really broken Trend, that's when I added the size and that's when I held and just covered all the way down the bottom blushes and my ultimate goal. it was like 1160 1170, so the best thing was I think 1172 on this one, uh, for the full size and then for the rest of the day, it's been a little bit right, you know, turning down the view of the cuts up and down.
Uh, but yeah. This is the move I wanted to see a couple of days ago and we didn't get it, so today I said, you know, let me change that a little bit, let me try to take advantage of the winners a little bit. a little bit faster and then you know, as we get closer to 10 or 11 o'clock, I thought maybe that's where we'll get the display operation, um, yeah, now we're going back, so it's definitely a very exciting exchange. , um, you know, my best name of the day, I'm very happy with that. and then swap some other stuff but nothing nothing too substantial just a couple of fillers on amazon nothing too crazy yeah my main focus was xpev it was definitely exciting and yeah thanks Neil for that there is someone in the chat asking what is SSR SSR.
Basically if something goes down more than 10 from yesterday's close then you know it becomes SSR for two days restricted short selling you can't close the bids so if you want to short eg Amazon if it's SSR, you can't just go into the The offers you have to like, wait for the offer, so yeah, it's definitely a surprise if you don't know what SSR is and you're entering the offers and you're not getting the maximum and I'm just like, wait. , what's going on? you get the padding it's like it breaks yeah it's a lot of fun so yeah for anyone who traded XPath today I'm sure you realize very quickly that the soft side in the morning was towards the long side , so it's very, very easy to do.
Yes, making that money on the long side and the shorts was a little more challenging, but yes, it still worked for sure and uh, yes, everything else a little muted. I know avxl was moving today, um, it was like it was right away. we have free shorts about this and I'm like, well, we have free shorts. I don't like that at all because you know, this is going to be packed. um failed from the beginning. I think Max actually had a really good trade on this up to 12. um, this was very clean breaking 12 just back down, but now pull back, like when you have this kind of Gap UPS on the day and I don't really know the value of this company.
I don't know, uh, the type of situation, it wasn't my focus today, so you know, I tried a little trade thinking maybe this would work and we'd get a flush, but we didn't do it right, we didn't do it. and it's a little strange that as we run up, we do some consolidation volume and then we get the volume to pull back to 13, we instantly trigger stops down, I hit the short, we're not going, we're not going anywhere, we just stop , so I wonder why we're stopping. This is like a huge red flag, so I stepped out to not say the short was wrong, but I don't even care that I didn't hold because of this kind of move. it should happen right away, so there's something to be said, like if you trade long enough you can look at the tape and say you know this should happen right now; if not, then I have to reevaluate what I thought about the trade, so Yeah, I took an L on that one, but it was maybe only 20 cents or 15 cents, so it wasn't anything too crazy.
Yeah, I didn't really have much size on that one. Yeah guys in the chat let us know which one it is. negotiating what's moving uh what you're excited about and I'll try to see if you guys have any questions as well. I will try to answer them. Someone says AMD will go down. AMD a long time ago. I don't. In fact, look at AMD today, but let's take a look here. I know some of the large cap names like we're having crazy moves in the market and some of these large cap names are like you really have to wait. for your levels, because sometimes you know you look at the book and it looks really, really healthy and you say, "Okay, this is really nice, I'll play off this level, it looks really good, it's acting the way I want to see." ". and other times it's like dancing around um and let me see where we are in the market.
I'm not 100% sure. I guess you know the low for the day if this kind of level holds the bounce three. By the way, today is me looking at AMD for the first time, but yeah, we had that kind of general flow in the market on the Catalyst news at 8: 30. And it looks like it kept this area in this general area, but AMD let me drag it. throughout the day because this is kind of like, you know, look at this consolidation pattern, this is a 52-week low, it didn't trade below 60. it broke 60, generated a lot of volume and then stayed below 60 for so long, so this is like I mean, in retrospect, it seems like yeah, that's consolidation, but during the process you think, oh, maybe it's going to blow up, maybe it's going to blow up, maybe it's going to blow up, It just took forever to really pop and finally breaks. and I tell myself okay, we're trending now, maybe we'll continue up and break 80, but we're not doing it now, we're doing some kind of consolidation pattern, you know.
I also mean you could justify maybe you could justify the time here. I'm not going to take a position, but maybe you justify the time here to get back to v-wop, but the fact that we're not. Really TR, we don't really spend much time above viwap, so to me, looking at this exchange, okay, you have the morning covers taking place now that we are back below v-wop, no we were able to reach another high now. We're back under the upside view again and even that's okay, maybe you take the trade for another v-wop test, but I prefer to take as a bottom as a long bottom in a name where I think it's okay, potentially it could go through view op.
I don't want to just sit here for a v-wop test because it seems like the ATV is selling out and then maybe it just comes back down, it's going to be hard to fill it in there so as not to say no. I don't understand it, but that's my opinion on it. I think AMD gets really interesting if we get close to a 72 because of the daily right, it's like this is the consolidation look of the last consolidation that didn't really break out of the range and do a lot of volume and continue well, you just know range range range so you have the last two days and now you are back in a range, so for me, yes, if AMD likes if next week we go in and for some reason AMD is above 70 but closer to 72, So for me, I'll say thatokay, I'll try a long year because there's a chance we could get back to 75, so three dollars moves up and you know if we break out of 80, maybe you could justify it higher, but keep in mind that the conditions Market breakouts often feel incomplete every time we get close to 80, I just didn't want to really break out to the upside.
So, 80 resistance, 72 support, for me, those are daily levels. I'm going to respect them. I won't be switching AMD today, most likely, unless something crazy happens. I just think there's a good chance it stays where it is now. like here or here like somewhere between, you know, call it 74.50 or sorry, 7550 and 74.50, so it's like you know it's in this kind of dollar range. I'm not really going to dwell on it unless something crazy happens, right? We are currently looking at Boeing. I know a lot of people in the chat were talking about Boeing today. Before we received the Catalyst update. ual is planning to buy a dozen Boeing planes, the 787 Dreamliners, so Boeing is here. with a 3.2 percent increase, March was again pretty close to the high day, but it didn't manage to break the high even one day and it was just when the Boeing chatter in the chat died down, so I hope many of you are really long and expect Boeing to take the day off there, we'll continue to see it, we'll have it on our radar for sure.
In fact, I'll show it on my second screen now. just to get it up and then watch it just in case when that 183 breaks we can get it up for you guys um something we haven't talked about for most of the day today is on the Trader TV live watch list on Trader TV's live watchlist, you'll be able to understand why AMD Nvidia Intel Micron Marvel, basically, chip stocks are doing what they're doing today, part of that reason is because Marvel reported its earnings. report a slightly disappointing earnings report, unfortunately many of their products were apparently being ordered less and less by their customers and the inventory issues generated a lot of basically negative news for chip stocks thanks to mrvl which is down on the day today, but even being negative the day has actually pulled back towards the deal high, at least the pre-market highs, it is currently above the 100 period EMA and is trying to trade above it and as Luca was talking From the weekly range or on the daily chart, look at the range for the entire week or several weeks in a row for AMD mrbl it is basically in the same state.
I guess Nvidia is also in the same position, let's take Nvidia out here on the daily chart and see, there we are going to see almost a perfect picture as AMD just consolidating sideways stuck in a range and once this range is broken we will have a lot of fun on Nvidia on AMD on mrvl. Any of these locks that break out of that range with the Positive Catalyst or a Negative Catalyst will bring some very extended moves for us to take advantage of, so we'll keep those chip stocks as always keeping an eye on today.
I actually tried to find this exchange for myself on AMD and such. I couldn't find a trade for myself, so Baba and pindu will make Obama my number one stock on the board. pindu will do action number two on board meta platforms number three. and my only real loser today is a company and not even a real loser. I only lost 15 on that trade compared to all my other trades that I have that are way over, you know, x amount of dollars as winners, so we're doing it. Well over here, uh, the markets have been paying us for the longs and the shorts, a trade I closed not long ago, it's double-sided.
I didn't like how FX claimed that 60 area, the 2460, if I remember correctly. correct the price, it recovered that area for a while so I closed my position but I guess I was wrong because the NASDAQ market went back below the 100 period EMA and the S P 500 went below the 100 period EMA They are both still above v-wop, so I'm not sure what the market wants to do here. Something we always like to talk about when we look at the broader market is the UV uvxy, which is actually positive now with an increase of 0.2 percent, uh 0.25 to be exact. well now 0.14 keeps fluctuating depending on the penny it's printing so we'll have to wait and see if uvxy can actually stay above v-wap and start climbing back to the north side if it does, and when it does we'll see The market will most likely go back up to v-wop and then maybe break a bearish view, so those are the moves we are looking for.
I have no positions on board, obviously, you will see that the board says there is no position, it is already done. but that's because, you know, I can't really find a trait to participate in right now, most of the trades I've been in are in ranges that I just have to wait for. I'd rather be safe closer to 88. on pin duo duo duo and then somewhere around here so I'm not going to touch that same with Baba, I'd rather be short closer to 91 than 90 60 so I'm not going to touch that and Boeing, you know, obviously being the short trader that I am makes me want to sell this double top here, but we're nowhere near that double top right now.
Bob, uh, Boeing almost called the Baba Boeing currently around 181, which is where it's trying to form a nice little base around maybe. has another leg to run to the north side if volume appears to enter the market around uh in the next two to five minutes or so, when lunch time comes to an end, we're at 12:58 standard time from the east. Yeah Guys I see people in the chat talking about cgc, tell Ray I'm actually raising them for the first time today too, very good move obviously cgc is up seven percent. I assume there is some kind of news about catalysts, definitely not.
At the top of my uh uh my news today I'll say that, but you know, it is what it is, it's Friday, um, I'm starting to look at the newspaper for the first time, I'm not quite sure what to think. I know the The general idea is that it's okay for marijuana to potentially become legal in the US and then if that happens, these companies are positioned to do very well and that's kind of the general kind of good, because okay, so the casinos in Las Vegas, yeah, yeah, because it's legal in Vegas, yeah, yeah, that makes sense, that's right, yeah, I mean, that's a big reason why this goes three to four, but yeah, no, I think for cgc I mean five.
I love wheat stocks when they get to 5 10. 15 25 and 50. These are like when they get to 500. Yeah, but yeah, but you know they're like these one hundred five hundred thousand ten thousand, yeah, why not, but no , these are names that, for me, I remember them exchanging very cleanly. for some reason at five or ten so um I was watching cgc originally when it came out it didn't get the five just keep this in mind this name that everyone remembers was like calling a seven dollar stock um you know defeat because call it, ya you know, maybe people overrated any kind of valuation, everyone thought maybe it was going to 150 when it was at 700 and then people say wait a second, no one is smoking, smoking at an unreasonable rate and I remember this, it's kind of It's funny, just to take a step back, a lot of the bankers in the space when I was chatting with them say, oh yeah, like they knew my neighbor who had never smoked before in his life.
They're going to start buying ounces every month as that was part of the valuation metric for these names, so it went back down to five dollars because these bankers were giving money thinking that, you know, Joe Schmoe, who had never smoked before in their life, they will start buying ounces because What do you mean they drink alcohol? Aren't they going to start smoking marijuana like crazy? But no, I don't think that's the case, just something different. Dynamic, but getting back to the technical aspects of it, like when a name moves. the way cgc did it today it's unfortunate because I can't really take a short right now the only thing I can think of is maybe a possible short but then again it's like I don't really want to take a short at the moment.
I want this, um, you have to wait for some kind of volume to come in and this is me being a little biased so I'm just a bad rollback play, very simple, um, you just have to be patient and wait for it to happen. getting into these kind of areas where potentially people get squeezed and then it goes crazy and then maybe it gives you a brief window of opportunity and then with that in mind you know if we can get through it like that. 460 things definitely get interesting and then maybe we have a chance to get to five and then that's a real potential for a bad reversal play for me but I think we're going to move on to Brendo real quick for an update mmm Hey guys , they have a small summary of Friday.
The rise in energy markets has also been a positive week for crude oil, not only due to higher demand, but also due to OPEC talks about the possibility of higher production. Cuts. Remember that this is how we started the week with a big move higher after OPEC said that The OPEC plus country could say that they could consider more cuts next year. It's just an opinion piece, but it's interesting. I was reading, talking about prices or the fact that prices could crash without that being transmitted, so "We'll see what happens towards the end of the year as far as OPEC and OPEC plus, here's oil, now it's down one percent, we were positive early this morning, this was the 8 30 number that we got, the nonfarm payrolls number, uh.
I sent this back to almost 80. uh, we bounced back to 80 and a quarter, that's what what's happening right now, trying to hold the day lows here on a Friday, but during the week for the raw guys, thanks Brando for that raw energy update, uh. uh, since you were talking about marijuana stocks real quick in that case, Luca, the cgcs and stuff, my dad recently said to me can you go visit the dispensaries and see if you can get me some edibles to sleep on and he wanted like something very specific he says you know THC XML cabd this quantity and so on because something that is his brother or sister told him and he says okay, now I also want to experiment, so I go to the store in the dispensary and stock the products. for these edibles and these tinctures and oil products that like many older people take for pain and sleep etc., they are actually ridiculously expensive compared to buying flower or whatever, like buying flour with THC .
Like 40 percent cheaper than buying groceries that help people who need them with pain, etc., it's a lot more expensive, so something about that has my head a little fuzzy, like it's just like that. maybe you will get paid. more for the flower for the recreational person and charge less for the person who uses it for medicinal reasons and for pain reasons, etc., and I think if they do something like that we could see a big 360, sorry, a big 180 on this grass. stock on the north side, that's just my opinion on it. I could be wrong, but hey, I don't want higher flower prices because that means more money from my pocket to your pockets, so I don't want that at all. go to A couple of super chats here to talk about that, you know, a lot of you send in your Super Chat to support the show here and also to ask us questions, which we appreciate.
We apologize for any of those super chats that weren't answered in a timely manner because you know the show is so busy we are so busy with positions moving all the time that we miss the super chats, the current super chat team coming up with the five dollar Super. Chat avxl is giving positive news Alzheimer's treatment with anovex uh Space full Do you think this will run at the opening from 9 to 30 am? m. also so let's look at avxl could avxl run in the aperture you would expect it to run in? opening like the rest of the market did, here is the 930 move, but this stock was already up in the previous markets, it looks like it actually sold off a bit since the open, but then recovered to the levels that I expect it to have open. and now it's just trading sideways around this 12 area, something to know is that it's above the 100 year period made throughout the day, so I expect some type of buyer to step in every time in the 100 period EMA and don't let the stock go much further down.
The positive catalyst comes in turning the stock from nine dollars yesterday to 12 dollars today, a big move and you got a high of 15 dollars in the pre-market, so I guess it will be sometime on Monday or next week. we have a possible retest of that fifteen dollars after retesting the ten dollars down, which it appears we already did. That was the new test of the ten dollars down. The reason I say 10 is because of this range here. We once again proved that we bounced, if this positive news is actually positive as the movement shows ustoday, then we could see a retest of 15 and then a possible break of 15 if more buyers step in. in that position back to Super chats here your records are about to fly to Mexico and I got that Wi-Fi for all of you guys hey take care my friend obviously a happy trip have a safe flight to wherever you go fly and have fun in Mexico, uh, go have fun, my friend, you're going to have a great time.
I wish I was flying to Mexico instead of India. I'll be honest, I hope my parents and my family members are seeing that now because I. I'm going to get yelled at for saying that uh David, you'll be leaving soon, right, yeah, I'm out of here, honey. do things I don't want to do while I'm getting married, like not getting married. They won't force me to get married. No one, no one can make me do that, but they will make me do it. like random things for events like, you know, things that I just don't want to do, so it'll be a great time, it'll be a great time to discuss with my family members and then the second half of the night will be like, oh why?
Why didn't you do this after they finished? Because I'm not going to do it. I won't join them. If I dont know. I'm not going to do anything they asked me to do. So first. I'm going to get yelled at before that and after they do it, I'm going to get yelled at after that, so I'm bracing myself to get yelled at for the entire two weeks I was there, but I'm going back to the market anyway. David comes with the two dollar super talk on Tillery at 9:40am. m., so you already knew that wheat stocks could be in play today, so obviously they were being talked about, uh, five minutes ago enph news 4.99 Super Chat for enph, uh, come on.
Quickly see if I can find any news about that in my trading ideas scanner. uh, reliable business idea scanner. You can sign up using Code Trader TV to get 15 off and if the 30 deal is still in place, Nightbot will tell you to use it. Trader TV 30 to get 30 off so here's the news uh zax analyst blog highlights Walmart Toyota uh Bloomberg Lululemon and energy of the final phase so I'm guessing something regarding the final face so, where is the final phase and the pH? do this e-n-p-h, can we emphasize this? uh uh I just want to say very quickly uh wolf of Broad Street welcome to the Trader TV family, that's a pretty sick name.
I approve and also wanted to quickly cover my Google short. I just sort of took a shot, like you know, let's stay above 100, let's know, we really run the markets in general a little bit muted right now, so I was trying to figure out what I want to short, so I just took that. short above 100 in anticipation that we're going to come back to see and then I covered some at 81 uh most honestly because you know I'm not going to be too greedy I don't think we're going to go down to 99 this is just kind of scalp trade if we can, you know, go down a little bit, there was a size in the bid there that just filled up, yeah, if I can get 72 right now for the final position.
I'll be happy with that, just close it, you know, the base hit is there, um, just to cover that trade for anyone who's wondering, yeah, honestly guys, I can't find exactly what the precise reason is for enph to be this also at 10 20. So I guess you most likely already know the news because I remember Sharif talked about it around 11 o'clock or so, enph solar related stock, so the topics related to solar energy and the News Catalyst that Sharif was talking about. about most likely helping enph today El Capitan is coming to become a new member of Creator TV live welcome to the El Capitan family uh noon super chats coming here we have Cecile gme pumping she says so thanks for that uh thanks for becoming a Cecil member, yes we saw AMC gme go up a bit but if I remember correctly it's still negative, no we're actually positive now come on Jimmy, really positive now and above previous highs to the market so kudos to anyone who took advantage of that move but the NASDAQ is back down almost back to v-wop well NASDAQ is back to see the app but the S P 500 almost back to v -wop, let's see if this market will crash. look at the app and if uvxy will eventually start trading at the higher end of the ranges especially above the pre market, if it can trade above the pre market that is something to watch out for.
If I remember correctly, yesterday it was exactly in the same range, no. it was actually at 26.50 where we took those records and now we are at 27.40 27.50 I see some size at 27.50 in gme on order 223 Lots so that could be a bit of a barrier to this position not allowing it. to go too much to the north side above, we'll see if a buyer comes along, we'll clear that level and take it more to the north side, yeah guys, they got the final fill there on Google, so the trade is pretty clean, just playing the range in this case a lot of times, when you get these kind of large moves in the morning, you know, powered by Catalyst, um, you know, to describe it broadly, you have two types of futures trades that come from the rest of the day that you got the thumbs up was really bad news and we will just stay below v-wap and not go back up and then you know maybe more sales will come at the end of the day and then The other side of the coin is that okay here it is selling but you know maybe the market is just looking for a reason to sell and it's actually not that bad and then everything bounces back and then it's range bound and it goes sideways so I feel like we're in that kind of sideways action and so right now I don't really want to wait for a sell-off, um, where someone said, oh, I'm short the meta right now and it's actually printing like maybe the meta has. made.
There's a better chance that I really like you, I'm sure 123 is showing you that, um, it's like some kind of resistance and I have this for like five minutes, but let me quickly change it back to one minute, um, because it looks pretty clean. like you. You know, call it triple top, double top, whatever you want, basically 123 is resistance and I want to upload the daily so everyone can take this in with me too, you know, I had a trade in meta, I think it was yesterday, yeah. yesterday when it went over 120 and I thought, well, where is the resistance in the meta right now?
This is going to continue and you know where it's going to peak. Note that this was the bottom before we fell from earnings and so The bottom was actually 123 124. And now, at 123, you are facing this daily resistance level that was support, now it became resistance and that is the reason why most likely no one wants to really bite above 123 because now it's going to get back to this range maybe, but maybe not today, so you know you play with that scalp, take the 123 short and then you'll know where your cover is. Maybe up there, maybe you're hoping for a potential if we sell, maybe this is a you know.
It's more likely that we won't do it personally, um, just because we got the cells in the morning and now we're on the rise again, so you know, the best thing is that the target is probably the pre-market high, which will be like a 121 aligned with v-wop, but that's good, sure, you go for like, um, what's that, like two points, you could risk like 20 cents, that's like ten to one, it's not that bad since the day trading perspective or just kind of scalping along the way um I want to check it out real quick and someone says AMD yeah look there's something that AMD isn't really right now it's like regressing yeah I'm kind of happy to having kept me away for so long.
The times I'll look, uh, you guys are calling things in the chat and I'll talk. Maybe he'll convince me to make a trade. I'm glad I didn't talk myself into making a trade on this one. Yeah, now let's get out of the Google business completely again, I'm not really sure what I'm looking at. I think, uh, oh, yeah, Tillery, I want to watch tilray and put this out daily because someone was mentioning cgc and tilray and I wasn't. Actually, I don't get to tilray and potentially it has a very clean level on The Daily here, so let's pull it up and see that it probably looks the same four, call it 450 to five air, oh wow, this is actually very interesting because look at this. configuration and let me know the same type of configuration.
I love these when it's not really a small cap, right, but I love when these companies, you know, like they don't really move and then they move and they go crazy and they run into these resistance levels. I think 450 to 5 is a short and I almost want to say they have to pay for the shorts in this case, yes I think you have to pay for sure so maybe I will find some in this but yeah if we can break 450 in this name and then get to 480 and then play with those five resistances. I would love for a mean reversal, the playback to be pretty solid, this is the one minute artillery right now, so if this continues to continue, if we consolidate a little bit around here, then we break 450 and go to 480.
There it is where I really like the short because that's where things are probably going to get crazy, maybe people are short, they're stopping, the tape is going to kind of blur, no one really knows what's going to happen next, that's the setup which I really want to take the short reaction right now, you know you could justify playing the 450, take the short, but keep in mind that chances are that if this is going to pull back, it's going to pull back very, very slowly because in It didn't really stop anyone, oh, nothing crazy happened, so you need that crazy, you need that kind of whips.
Saw the reaction breaking a level and then coming back so it really goes back down very quickly or else it will be a very slow trade. I wouldn't say there's a wrong way to do it. I would just say that you know how to manage your expectations. If you're in that exchange, someone said in the chat. before Oh came out of Tillery, I only have a little bit left, congratulations, uh, yeah, you know, the length was clearly not bad on these names, very nice, someone says that s h p h is moving up I put this out earlier, did you?
Where is this, I think? 250 is interesting, this is giving a bit of head and shoulders and I wouldn't be surprised if this breaks. I think you have to pay for the shorts and I almost want to say this looks like it could be expensive, maybe I. I'll check it out, but if this is very close right now, anyone who is shorting this and watching this, keep in mind that he knows it's small. I assume small cap does the same thing, right? There's a good chance. As this breaks the high it produces a lot of volume it quickly reverses and then eventually comes back to the right so this is the setup you would expect it just stayed trending all this time the dark blue line is the correct 50 period so what was maintained period 50 maintained.
The trend all the time now is creating a kind of top pattern. Look at the volume and let me just drag my graph up so everyone can see that the volume is increasing here and it shows you that this is where a lot of the volume is. is trading and still can't go any higher and has gone up so much that you may know that only a possible pullback is warranted but with these names I would rather see this breakout of 250 break 261 make a lot of all the volume above 261 quickly pull back backward. short and then go for the color, that would be like a nice textbook small cap setup in my opinion, so I would be cautious if I were long right now, I would be very cautious, and that is something I would consider in the future. short side maybe I'll check out how expensive these shorts are how expensive these shorts are never why I would never want to look into it but you know, I stay away from paying for shorts.
I like it better when there are free shares to come to shore, which means it's a lot less money for me to give to the market, less donations. I come here even though we seem to cover all of our super chats. Thank you for all the love and support you have received. coming on the show here every day non-stop, we appreciate that we go see the scans, trading ideas, talking about trading ideas real quick, and you know, I made myself look like a fool there talking about 30 and 15, apparently it's 20 now, like this that when it changes back to 15 or 30 I will let you know that there is 20 20 off whatever the nightbot tells you there, just follow one night, but I don't know what it is anymore, follow the nightbot, make exclamation points to exchange ideas. nightbot will give you a link to the code and we'll also give you the code itself to apply on that link, so if you haven't paid for it yet, take a look and as Sean already mentioned, if you guys want the scanners that Michael Knox built for me specifically or for Sean specifically, just message Sean, just message me and I'll send you that link.
They can upload it through the cloud, etc. and be good. go baby uh ticker Riri uh oh reread like Rihannawhich you know the robots that provide liquidity on SHP H are potentially non-existent and that's why you get these strong downside flows and now you go back to uh or n, which is in New York, I think you mentioned or NASDAQ, so NASDAQ, etc. on NASDAQ, you know you could get a big volume spike, but that could just be a big block trade that was done in some kind of dark background, so it's not really, you know, it's not, it's not really It has a market. moving event it's not really a significant level it's no one buying or selling and then more selling or unfollowed buying will occur it could just be oh Owen is in this area and someone is long someone is sure institutions think in large amounts of money and they say, you know what, uh, let's trade at these prices, sure, let's trade these prices and basically what happens is it prints this and then nothing really happens, so my take on something like this is that this it's not like support or resistance, this is potentially a fair price right now, okay, so maybe now there are robots that are looking at what just happened and said, oh, there's a big block trade that was traded, call it , I don't know the price you traded at but let's assume it was like 71.20 oh maybe 7120 is a fair price because 1 million shares were traded in a big block trade that was made and now maybe you know the price will stay at around this price because, oh, that's where the big money is. negotiated, so that's where it's probably a fair price.
Like, so now the robots want to stay in and around this price and buy and sell in and around this price, so if I were a robot, I would buy here and sell. 7120 I'll be short here, I'll cover 7120 because if that's where the big money thinks the valuation is, that's potentially where I want to get in and out, I'll probably print the most volume, but again, as a day trader, I'm not going to know if anyone He's like oh yeah this is going to be free money like it's not okay like you're not you know you're playing an incomplete game by getting along here and coming out here and coming up short like you're not. play the game that robots play like you know, find an easier exchange like say shph where it just outplays you, get off, now just wait and you know it's no big deal right?
The notional value of something like shph as the notional. The value of your position is important, so for example, 100 shares of shph is different than 100 shares of Google, 1000 shares of shph, like when everything is relatively correct, but the essentially notional value matters because you know that robots they react to those trades and you know if you start entering 10,000 shares of shph right now, the rollers wait a second 10,000 shares, that's a huge position, while you know that 10,000 shares of shph is nothing, like nobody really care about that very quickly as we're talking about a big increase in volumes here and unlike FDX it's actually moving with that increase in volume so FedEx here for some reason is not a real catalyst, we know it is.
Brando came into our work chat saying that FDX is strange, not just in volume. as a win, but also in price, to the north side, so FDX is now almost up one percent on the day, slightly breaking 182, let's see if we can stay above 182, the supply does not show that it wants to hold 182, but we are. waiting to see if 182 can hold and if we can continue to go up here on FDX. I also want to quickly talk about Baba before handing him back to Luca. I didn't want to interrupt him. I just wanted to mention a stock that was moving to the north side Baba is now 20 cents in money, we are happy that even though we had to chase this stock to the north side because of our size we are still making profits so imagine if we were you.
Alert enough to notice that we didn't get the full size we wanted at the previous price of ninety dollars and at 11 cents we would have already made 50 cents by removing some size on this move to the north side. So if that was the plan for the operation, then let's do it right now. I'm not going to complain that we only have 20 cents of money to make this profit. The configuration of the operation was that I took length 90 11 with my size 400, unfortunately. I had to chase it down to 90 32, so according to that trade setup I should discount 20, so I'll do that right now.
And yes, there was actually some news about the FBI, so someone said Luca for you here. uh Roger was was I'm not going to try it Roger said how nice you covered shph Luca now I know why my account isn't growing well, I don't know, I don't know uh I'm not really sure yeah, I hope that helped with hopefully, hopefully, my words, I just say a lot of words, that's my play, you know, come on, I say, let me say a lot of words, you know, take what you want, uh and uh, hopefully, there are some lessons to be learned. , TRUE?
I can learn from everyone um I love to learn I always have to be a student in life because that's how you continue to grow and improve uh never think that you know it all even though you may think that you know it because you just know it even if you know it All the sad thing that It's that you, oh, you just know everything, how life is so boring now that you can't learn anything else, so always think that you can learn more and that life is better, although you know what makes me laugh the most in the chat . it's when people say Betty Snow says guys the shorts are getting squeezed, or you're shorting them when they have a lot of volume or you're looking for that bad reversal play, you could have all three trades, that's basically what I was doing today, but now there's no trade.
I can't shorten here because if you shorten here, what do you really think is going to happen? Do you really think this is going to reach 1080 like it could? It could, but look at the volume, just the volume. left is SSR everyone is short from here so the real trade on XPath if there is another trade available is if it goes back up to 12 and then back to 1280 that is a trade because now the shorts are tight we are now in a new level 13. you could take the short again, you could take the long, but right now you don't want to be in this name, look at this, you don't want to be in this name, most of the color was done, hopefully, you're short it and you're holding it um trade management or you know you just let it go you go in here so maybe you'll get 10 cents it just doesn't make any sense there are probably easier trades. out there, so that's my thought on it, um and if you're a little late to the party, uh, yeah, I changed it up quite a bit, you know, long story short, I was all over the place painting candles like crazy and finally, when in I actually failed, I held on and, you know, cover, cover, cover, cover, cover, and then yeah, I could have held on like you know, potentially 11 20, but it doesn't matter, right?
I don't mind. They paid me for a very quick operation which was like 10. to 11 so an hour and then I enjoyed the rest of my day and just relaxed it was really nice to take a break and especially come here with you guys someone is saying that Cryptocurrencies are boring right now, yes. Cryptocurrencies are very boring right now, that's for sure, so there's something else I wanted to mention here and I'm not really sure what, oh, tops, someone was saying, tops is moving, just a quick note on this one, that the five dollar level is. Definitely interesting the last thing I found was that I think we actually get cheaper shorts than many other brokers offer in day trading in the world, but when I see that shorts are expensive for us, I say no, no thanks, I guess .
Could you know what you could say? You could say that shorts are so expensive that you have Edge because not many people want to pay that much. So you know maybe that's why you know you're going to have. On the other hand, a less crowded trade, you might say, "Oh, so many people located so many shares for these low float stocks so early that now there aren't that many shares left, so not only is it expensive but it could be overcrowded, so there are sort of two." perspectives on that, but yeah, that five dollar level is interesting because, because it's expensive, I think it was like 50 cents for us, which for me is expensive, right, because let's say I spot even if I'm short, even if you do the same configuration it breaks. five up goes back down I short it you know gotta like it's really going to go up to four and then I only make 50 cents because you know I'm just hedging the stock so when I see 50 cents Say you know what it is , what is it, it's unfortunate, I can't locate this, it doesn't make sense from a return risk standpoint, huh, but you know, maybe we'll see what happens.
I'm not thinking much about this name. This is a classic setup where, you know, he goes flying, eventually fails, then revives himself and, you know, maybe makes a run for it. I think the next trade, from my perspective, if I actually had placements on this the next one. operate under this name. I would try all five if they were cheaper locations, but the next real trade off is if this can actually peak per day and then peak per day and then go back down to four, then at least. In that situation you're like, okay, there's a potential two-dollar move on a six-dollar stock, that's thirty percent, that's like a plus, okay, so I'll place it because who cares.
I'm going for six to four or even five areas, you know you cover the locations, no problem, um, and the reason I say that's the trade I'm looking for is because anyone who was trading this yesterday, I'm sure that you guys were looking at this like this is okay, look. to this right he stopped he was up all day all day at the end of the day boom big rug pulls in this morning this thing is at six it's at six so this is like savagery and uh, to me you know a little bit when I see this I'm going fine, the float is blocked and now these Algos are looking for outputs, so how do they get that output?
I think they just continue to sell, try to activate stops, try to play games, so like I'm not watching this. today, so I'm not 100% sure that I can't give my opinion on it, but if for some reason this gets to as high a level as for me, I would, my kind of opinion would be fine. where it would come from if it was a correct algorithm, so I for one am not going to do this because, again, shorts are expensive, but just to summarize, if for some reason this reaches the peak of the day, you have a high level potential. day liquidation trade where you can actually go back to five in the same day going in on a Friday, like these exits of something at the end of the day on a Friday are wild, right, there's just a rug pull, so if we break out, you know , run 650 and then go back down you better believe this thing will be in sight before you can even blink so I think it will be a very good A Plus trade that I would take in a hypothetical scenario but yeah no trade for me, you know.
I'm not going to take a break five up just doesn't make sense to me and uh and yeah so Arc degenerate says a billion dark group impressions on the spy today yeah spy man is going to deal a lot in the group dark make sure if you're trading, maybe this seems like a lot of advanced information to you, but if you're trading, you know, large cap companies look at where the volume is trading, what dark pools they're trading in and maybe participate in those pools. dark groups instead of routing to menus, if you want to be more incognito and not be seen properly, you get the padding regardless, I mean, but if you want to, you know, you have that incognito if that's your thing if you take a lot of runs. maybe that's something you can look into and I'm pretty sure the finra website does a really good job of providing um it was delayed like two weeks but it's not too crazy and here we go so Top is actually breaking five now doing a little bit of volume. triggering stops and here we go to the right so you know let's say this leaves you short now it goes back down like you paid well so you need at least 50 cents to break even if that's what you pay and now look, it holds up, so yeah, that's it.
Why basically not? I'm not looking for anything for this. And yes guys let us know what else you are trading too, expev is falling, yes it will most likely continue to fall. I think, yeah, oh man, if I was looking at FedEx and saying, "I should short this, but no, okay, but yeah, it was actually a nice good pullback down 182 back to 180 uh coming back over everything." that move there I think we now balance at that 180 level probably no trade for me and veryvolume up to the array right now and I'll turn it up. so everyone look here, let me see this here on tilray NASDAQ um, this is what I'm seeing, like you have the movement, this is moving today, obviously, but look at the volume, like the volume is moving up, it's faded downwards, backwards.
I'm going up like and and the volume is coming so yeah, it's going to be interesting. I hope these things go crazy because that would be crazy. I really like another type of business opportunity like I was mentioning, but yeah, if nothing, then. i won't do anything it is what it is we'll see oh sndl too yeah exactly everyone has their kind of marijuana watch list. I'll say that and, you know, just swap the names that each type of action has a different. personality uh if you find that you're doing really well on tilray there's no need to jump to another one unless there's some kind of reason to do so that's how I see it at least and yeah game maker what happens?
Thanks for the Super Chat over there just woke up the Sharif squeezeif uh squeeze it ignore that ignore that that's okay that was for you I'm sure I'm coming on we appreciate the super chat over there but Sharif isn't here right now so we'll save for Sharif and and that was pretty funny, although what you sent to what you sent to Sharif there was absolutely hilarious, you want me to keep going, yeah, I don't know, I got it, I got it, yeah, uh, and what's up, what It happens, everyone with everyone who doesn't. No hello to um yeah I'm a little relaxed right now and we've got five minutes left here okay now maybe we're actually getting the ruling here so let's go down and again my goal before was 225 if I take that out.
Bid because now it's a whole day, now it's like 2 30. So it would be discretionary if we could fail wherever we stop, I'll just get out of this position, so if we continue to go down and there's no size, Bidding and continue, then it I'll keep it, but if we want, I won't cover it here. I'll actually try to get to 2 30, but yeah, if we get to 2 30 and then pop, then we'll probably get out of the trade if we don't, so yeah, maybe we'll actually go down to two, that would be nice, that'll be a little gift. , uh, by the end of the week, but uh, yeah.
You know, sometimes it's your decision most of the time, you have to take what the market gives you, you just have your ideas of what's potentially going to happen and then the market only gives you 20 cents instead of 70 and that's what what is it. you just take it and go from there uh Betty White saying go for x I don't know if you're saying go XPath because I'm in a trade yeah I hope I'm not doing much anymore As I mentioned it's not really a trade for me Google you could probably recycle that area over and over again.
I was hoping we would get back to 120 where I originally shorted to do the exact same trade but we only got a little over 100 and now that we're back down I don't like it I mean I could have but I don't want to sell short 100 and then cover 20 cents. I'd rather try to make 30 cents just so the risk increases a little more. sense, that's what I'm waiting for there and uh, yeah guys, hit the like button, you know, if you're enjoying the show, hopefully you'll have a great week and stay profitable and uh and all that and um and someone before I was saying mrvl. and I wanted to get Marvel Marvel before this was the last thing I wanted to cover quickly from some of the comments I was seeing, someone was saying why doesn't Marvel blush and I think you know I'm looking at this, you know, Semiconductor Company. $37 billion, obviously a large cap, this is probably the range of the day, right, this is the low, this is the high, it's not going to do much, it's not going to like it, I don't think it's going to go up, no I know there's news, it's down almost four percent, but I could tell you right now that a name like this is not really going to clear, that's the right daily, it's like looking at how many days on the side, right, so no, no I would expect this. to like flushing the same way I think you know shph could download properly so keep that in mind trading is about managing your expectations and the more you trade the more you will get the reps and then you will have these moves expected and what's going to happen next, you know, when you're on Amazon, it's not going to move like seven dollars right away, it's just not right, but when you're on, you know something that's twelve dollars with a small cap, like yeah.
It could go up to eight in the next 30 minutes an hour, so yes, manage your expectations for any of the new operators out there. That's very important when it comes to trading. There are many operations that could look good, but. you might have to stay away from them because you know you could be creating return risk that doesn't really make sense, events in general, so yeah, those are just my thoughts and, yeah, the last two trades that I'm looking at. The day we get ready to stream it, the queue rate is potentially short and just manage this shph, maybe add it or maybe just cover it if we finally rinse it and, yeah, I hope you enjoy the show and hit the like button, we appreciate it.
Very much yes sir, thank you all once again, Luca. I mean: do you want to announce what will happen when I go to India? Uh, yeah, it doesn't matter. I mean, yeah, you could announce it. Well, no, yes. I'm going to be uh so I'll be I'll be on the show I'll be covering prads uh you know, proud he'll live life doing things he won't be forced to do he won't be forced to do anything yeah. he won't be forced to do anything and in the meantime I'll be here drinking espressos, having a good time and hopefully entertaining you by creating some banger trades, so yes, you'll have me for two weeks, but I think the funds have been secured.
Luca will be on the program financing yes financing secured and uh, you're not leaving next week, you're leaving at the end of next week, end of next week, yeah, yeah, and it's kind of funny because I thought, oh yeah, I thought. You're leaving on the 12th for some reason a lot of people thought I'd be leaving on the 5th or yeah a lot of people thought I'd be leaving on the 5th of December but yeah I'll be leaving around the 10th or 12th or so yeah you know . It should be very exciting, you know, hopefully, the market.
I feel like we're in this kind of stage where maybe things could really get going across the board, just because you know we have the end of the year, people are repositioning you. you have portfolio managers that are potentially window dressing trying to get in and out of trades, you like not to say tax loss sales because they're probably all down, but maybe the opposite of that, you have other hedge funds that are now going to put exit positions. of positions, you know, getting ready for early next year, so I hope December can be exciting, you know, maybe it will be, maybe it won't be who knows, but we'll be here to trade it, it'll be great.
It's exciting for me, yeah, people in the chat ask where I'm going to India, so I'll be in Hyderabad for a good period of time, that's where I was born, that's my home, that's my hometown, uh, so I. I'll be there for a good period of time living with my grandfather in his house and then for the wedding we'll go to Jaipur, which I think is in Rajasthan, don't yell at me because no. I know geography, look, I don't know where they told me yesterday Quebec, so don't yell at me, uh, for not knowing where we are, runner, where Jaipur is, but I think it's in Rajasthan, so if you're from there, uh, you .
You know, give me a call, we'll do a live Trader TV meeting just with Pratt and we can, we can, you know, grab some power bhaji or some gold here or something and have a nice little get-together there, so yeah, send my direct messages if you are from Hyderabad or Jaipur, it will be my first time visiting Jaipur, first time in Rajasthan, although I was born in India, which sucks, I was telling a couple of my friends. Back there I have only seen Brampton Toronto and Hyderabad. I've never had a proper vacation in my life. I haven't seen any other countries besides Canada and India and as far as cities I only know, okay, maybe I know Mississauga. well, Mississauga, Brampton, uh, Toronto and Anhyderabad, those are the only four cities I've walked, toured or driven through, so I can't wait to see a new city for the first time in my life at 28 years old.
I don't want to say anything, but you have to, traveling is the best, yes, traveling is the best, but right now they are going to travel to travel, that's what you do, that's what I like right now, let's travel all. You're going to the closing show, so Brendo, have a great weekend guys, I'll see you on Monday. Peace, ciao, hello guys, yes, welcome. There are a couple of hours left on a Friday afternoon that is turning into another red day to finish. It's going to be a positive week after what happened a couple of days ago with Seeker Powell's speech and then that monster rally that followed after that, if you missed it this morning, it was nonfarm payrolls that came out at 8:30. coming higher than expected yes, that is positive for many people

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