Bank Earnings Wobble as Fed Independence Questions Return — Stock Market Live

[00:00:00] Speaker 1: stay frosty everyone yo neil keeps looking at the fridge bro i don't know neil's got some uh neil's got someone else coming to him that's for sure you know what i think we should do joey see those like things that go on the offensive no no it's like when you touch it it'll electrocutes you oh like yeah remember that game what was that doctor yeah yeah operation operation operation yeah yeah electrocute neil i'm down to go on the offense too so department the offensive oh katina man's back over at the yeah i guess they're doing these videos again all right man all right not waste any [00:00:33] Speaker 2: time let's send it over to neil get him set up later gators and the afternoon show starts now take care [00:00:39] Speaker 3: guys stay frosty does it though it absolutely does uh does start right now everybody you know what's up uh you know we're just making trades stealing fridges doing whatever we can do around here everybody but i want to remind you for the afternoon don't hit the fail we're going to hit the win right now for beta pro and shout them out for sponsoring the afternoon show where you get your 3x daily leverage offer offers on s p 500 the nasdaq and many more across major industries you've got all the sectors in there and commodities so regardless of what direction you're looking you've got it with betapro.ca scan the qr code you see out in front of you everybody and you know what trading is an interesting game everybody truth be told two lines that's all you need to know if a stock is trending or chopping before you take the trade so the exact two moving averages that you need to watch on a trader tv desk and if there's one rule for reading them it's one entry and the one mistake that can turn them into a trap all that right now with my man at the screen thank you neil yeah those two lines the [00:01:51] Speaker 4: two lines that tell you everything first of all very important to understand they are exponential moving averages not simple exponential give you a little bit more of an angle a little bit quicker when you're talking about a day trade so the two lines that we're using the nine period and the 20 period ema we're going to talk about them on a five minute chart we're going to do that in a couple seconds the most important thing to understand is the fast line will be for momentum so as you continue to watch your stock do the upside watch the nine period what does the 20 that's a slow line and that's going to give you the trend just so we know that we're following on the way up the nine and the 20 who would have thought this is what we're using let me explain how all right what you want to do is go long every single time your stock is above this could work for futures it could work for bitcoin whatever you're looking for as long as we are above the two lines the nine and the 20 therefore longs only let's make this very very simple flip that chart upside down the shorts are the other way around so as we look short only when the price action is below these two lines and guess what how about the third one i think we can all look at this and say hey this is no trade that looks too choppy to me how are we going to use these lines right so let's go now and do a quick example of what's happening often we hear about the death cross we hear about you know two moving averages crossing unfortunately for a day trade here on a five minute chart the nine crossing the 20 although here looks like it does have a continuation it will work every once in a while but we're here to tell you it's a little too late if you're using the cross so you got to watch out to when the move properly starts and then when it finishes so watch out for this moving crossing you don't necessarily want to get involved in this death cross of a nine and a 20 you want to go a little bit earlier so let's go find out when we're trying to get into these trades all right let's buy the pullbacks right we already know that the trend is here we're looking at this 20 period ema rate here the trend is showing us northbound but what we're looking for is a pullback wait until the price drops into that zone enter on the reclaim and set your stop at a breach of that candle right there so what we're actually looking for is here goes the move we're waiting for the pullback into the area where the lines kind of cross but not really into this area where it tightens up that's your goal line and then that's where our stop is giving us potential upside with look at the downside our risk very controlled at those entries all right here's a perfect example i just pulled these from live charts this is constellation so let's have a look here this is a five minute chart as we said your nine and your 20 period moving averages well this is the entry zone so the stock goes down comes back up and is floating around this zone so you can see we're starting to get a little tighter the best entry zone probably would be around here but we do have some topping tail wicks that happen for us here this is our entry price okay our entry zone then we have the line going to the downside where's our stop we're gonna breach the stop once we finally get above our 20 period moving average which goes all the way here now if you get involved around here your stop would sort of be where some of these wicked candles are but in this example we actually can hold it all the way till eventually get stopped out hey that's a winning trade with good risk parameters and good risk control notice here starts to get choppy the crossing up happens perfect so we actually get out once the chop begins this is another choppy day but i got the same example this is the very next day on constellation look this is when it's great we're trending higher right there's no crosses this is your entry zone maybe even a little bit of a pullback you can enter in here put your stop right here all the way to the upside it works great early but look what happens in the second half of the day we start to get choppy we get the lines crossing back and forth back and forth no real trend to see there in the second part of the day so first half good we can use this method second half not so good so whenever you sort of see a bunching of these lines that's when you know the trade is no longer there it's a checklist time we love checklists around here this is the four-step checklist we have our filter we got to make sure it's trending and not choppy check we just showed you how to do that wait for the pullback get into that zone where it tightens up a little bit check reclaim make sure it does close back over that nine right you got to make sure that that trend keeps going the nine is your fast line so we're looking for that and then finally make sure that your stop happens once you do cross below the 20 ema look it's two lines to rule them all it's your nine period ema it's your 20 period that's what we're [00:06:34] Speaker 3: using here at trader tv live thank you sean and pull up that watch list tomorrow everybody and check out the nine and the 20 before every single trade is it trending is it chopping drop a comment in the ticker for us and let us know which one that is going to be so a great look out there there's volume coming into the market like as we speak just oh we have a headline thank you adara feds barkin doing doing something about inflation makes sense let's go to adara uh yeah keep an eye out here so [00:07:08] Speaker 5: the reason we might be getting a move up here in the market is as we get more comments here this time from feds williams feds williams saying that one more interest right rate hike this year is appropriate but the comment the markets reacted to was williams saying that he still believes disinflationary forces are at play and as such he does not see a need for a rate hike in 2027 at this time so again he does see the need for another rate hike this year but he doesn't see the need for a hike in 27 that's coming from feds williams back to you sorry i i just chuckled out of the head a lot [00:07:36] Speaker 4: yeah i mean i i feel like the fed probably should do something about inflation and maybe we should take a quick look at that but i don't know i think the big problem with inflation is going to be oil at the end of the day right so you don't end the war yeah until that's um that's fixed we we're going to have russia that much problem uh over there looking at intel right now i mean it came up to our level 102.50 i'm debating a short we liked it between 101 and 102 here today that seems like what we're talking about right now as we got some more crossed up lines over here uh and yeah i hope you guys enjoyed that lesson we're going to get back on um you know that sort of tip right now give you guys a couple lessons uh that you can find up online and we'll talk about that as we go but yeah intel might be a little bit of a short right now now as i just went for a run so uh i might have missed what what was going on there but did uso no so this is not a uso related pop so that's okay bouncing off vwop might be something right there uh for the market itself i heard joe ask me during the stream he's only traded two symbols today i've only traded two symbols today and uh joe and i talked about that yesterday many different ways of trading it's funny that apple seems like it's trend down which that not seems like it is it is trend down and the only real money-making opportunity that i had and we'll talk about intel intel was great we actually wound up making more on intel but was this drop down on apple i just want to say like i think the next lesson especially one that maybe i should do is timing it's because like we waited pretty good man we got to 9 36 it came back in i thought we were sort of defending i believe that this at that time i wouldn't have just gone long randomly right here i believe the 25 period moving average was probably there remember these lines smooth out as we start to go um just took small then we protected it basically at the pre-market high rate there thought it would hold does not hold and this is where i was really starting to feel some kind of ways because we started to break below the 200 i'll buy the 200 all the time on trending stocks and then it was like oh man we are really getting washed out here to the downside thankfully we zoomed out a little bit and was able to find yesterday's closing price and the saving grace of all of this today was honestly the sticky note because we had read down here 340 to 341 so although our heart was racing and we did have a bunch of shares on it was all about just controlling the fact that we were just in too early let's make sure that this 340 to 341 winds up holding so that was going to be my stop and if we kept going down then yeah it would have been you know a day breaker for sure to start off with rating them open so really glad and feel fortunate that it wound up holding but again apple with a catalyst today was a pretty positive look um but yeah lucky that it that it had retraced so just apple and then intel we you know we like to short there off 101 early is what we wrote down it was pretty good it went down about a buck or so we just covered covered covered never got to view up bouncing there so maybe actually intel that i look at is maybe a long so uh welcome to the afternoon show we should have brian shannon on i'll double check see if he's messaged me why is there there see right by my head why is there a [00:10:35] Speaker 3: broom right there oh did someone i was just living rent free and shrieks head that's oh there oh okay there i was doing everything to just make him think imminently okay that there's something even just [00:10:44] Speaker 4: i was trying to i was trying to pull it with the broom i was just i didn't know if we had a mistake or an accident over here he's so paranoid about it i don't like seeing brooms around my house i mean someone sniffed something so yeah he is pretty paranoid but oh he's a thousand percent [00:10:57] Speaker 3: paranoid but like that's perfect that's what we want well that's the exactly the idea yeah is we know we're living rent free in his head and at the end of the day you know he's not here right now we can do whatever we want to do with that we want to take it like joe's not here he's not [00:11:09] Speaker 4: here yeah yeah yeah we could be doing it right now the protector of the fridge no joe joe seems [00:11:13] Speaker 3: to pretend like he's taking tree side okay but he's definitely not i don't think that's gonna be no he's not he's not if there is a theme today though it was a lot of the names you're bearish on had been trended up like cerebrus went green you know like it was it was a long there were a couple johnson to vwop that like each time it pulled back into vwop successfully shorted into vwop but there's another way to look at this i think a lot of times you go back when you look at your day you're like oh okay cerebrus worked out that was a good stock with a couple of reversions on it but if you bought the dip at vwop instead of shorting it into the volume weighted average price you do so much better the one thing that kind of gets me about today is the volume on this bottom on the bottom here it's not even a capitulation volume bottom like that's what that's what's kind of getting me the capitulation volume was yesterday and then a light volume low and a light volume bounce here today so i'm not completely convinced on some of these names just looking at the way the volume has come in you know i want to try to usually respect those volume lows we left you in sorry we left you with alibaba like right when we went over to the midday of course i get out at vwop and i think even said oh baba and lesson it was going through kind of filled the gap into the volume weighted average price well that pulled all the way back in so that could have been a better short holding on to it a little bit longer but yeah for me the reversions have been good and the impressive thing has been some of the strength we're able to see there was one name i wanted to get to because i don't i don't know if this got mentioned i know the arm story got mentioned but did you guys talk about edison because muddy waters is back and this is it's only amusing now because the movie they weren't doing short reports anymore well they did one now okay and if you've this is quite possibly the most convincing short reports or exit liquidity bottoms ever so they dropped the short hey we're doing we have a short report out on edison international flushes for about five minutes or so then catches a bit ends up higher than it was before it's almost green on the session you pull the stock up and then you remember what's going on this this actually might have bottomed two weeks ago after dropping about 30 30 30 bucks here from 80 81 to like 52 so you're talking about an almost 40 percent drop in a couple of months has already made a bit of a bottom and then today as it's sort of breaking back out you get the oh we got the short report which i'm sure muddy waters is not short here that's just not usually how it works they probably shorted a while ago and they get their out on this liquidity sometimes you get a nice turn i don't know if it's even an automatic turn here to say closing higher and this is a reversal long because it already bounced usually you like the short report where it's at the low holds the low and then you're looking for the long afterward this is so far away from it i don't know if it's going to give us anything but keep an eye on this because you got to figure if there's shorts uh that are covering if they still have more to go and this ends up breaking out tomorrow you might get a little bit of a rebound rally on that bad boy let us know what you guys are watching i'm not really in anything uh here it wasn't be i was looking at bm and r under bwop and then the fed guy started speaking with um an incredibly valuable insight because i mean i think it makes sense to do something about inflation yeah it's such a poignant uh comment i think to say that you should do something about inflation being the fed so the other thing though and i i did say this [00:15:06] Speaker 5: right after i think the real reason that we had that move in the market was because then feds williams said that he sees one more hike in 26 but not in 27. but i can't really mock that comment because [00:15:15] Speaker 3: that's like that's actual valuable information so i can't really i can't knock williams because he said something useful for us but finally not so much was it barking yeah barking uh barking up the wrong tree [00:15:27] Speaker 4: with that dribble this wff this was a 50 this was 50 dollars yesterday at one point now it's two dollars and 53 cents uh as it goes 25 times lower than where we were yesterday so just be careful with this um you know it hasn't halted and when it did it was 342 it was a 10 minute halt right into there so you know it could halt at any time i actually you know the fact that it's down this much you know all the halts there was one halt there that created an upside move at around 11 30 every other halt has sort of created downside but this last little move right there it halted and kind of opened up at the same price if not a little bit higher there so i still think that there's going to be an opportunity to take this to the long side so i want to watch it see if we do get an opportunity to take wff long okay so if that does does happen then we'll try it but uh for right now underneath i mean that level here yeah it would be a bucks a buck 80 a buck 60 either way you know you don't really want to break too much lower than where we are right now and i think if you're going to go long on wff 250 or what's that very low now 230 that's probably it right and so we'll we'll wait volume starting to pick up a little bit there in wff we want to make sure that we stay um in tune with sort of the ideas here so the nasdaq has kind of triple topped i mean that's lower that's higher than a little bit lower than that's a little bit lower so yeah it looks like we will try to make it our way back into view up right now so looking to potentially short the market on any kind of a pullback up into this area um that's kind of what i'm looking at right now and then the stocks on my mind were from the beginning we shorted we paid for shorts at DRAM we didn't do anything yet we wrote down 54 we didn't get anywhere near that because the day was just so bad but again very similar i think there's an opportunity to potentially go short uh very soon we are i mean williams is still talking um i don't know if that's gonna do anything to the market right now but what about DRAM looking for a short wouldn't mind it if we can break through some of these uh lines we have here 25 50 in the 200 DRAM pulling back just a bit [00:17:31] Speaker 3: maybe it's SK hynix you had a good on that earlier well the thing about those though i feel it's like short or no SK hynix uh i'm trying to remember if i i think i did okay i mean i have them i must have paid for them i feel like it was so yeah i'm sure i paid for it this morning i even paid for spacex and didn't use it this morning yeah i didn't even look at spacex but i feel like SK hynix was just like cerebris or i think all of the the good early shorts like you shorted them back into vwop and then from there you were just better off being a long stock i'm so i want to look at some things hopefully that are weaker than that like ideally as the futures are making this move you know like if you're making this move where you get this triple top like i want to find something which is under under the volume weighted average price relatively weak that's a short back into the bottom i'm just not really coming up with much of anything like smci is looking a little bit strong in there there's a couple small cappers that are worth watching you mentioned wff tcrt is still doing some decent volume that's the other one jbdi i think is a little bit dead and then the aforementioned spacex at least this oh boy is it going to load oh when it takes this long i'm like is this gonna is it gonna load maybe the chart's so bad but spacex there we go it doesn't want to load this barely got off the the schneid so spacex falls into that category of still making lower highs still trend down the only thing that gives me a little bit of pause we kind of know the history with this stock in power out and in power hour it is pretty well known to just mess with your head from 330 to 350. so i think any move it makes i think you want to be clear going into the imbalances but at least this this got into vwap it's relatively weak so i have this and smci if it gets under vwalk vwap as a possible for the short and then like i said the wff and tcrt looks a little bit interesting as well this is holding out holding out some bids holding some higher lows it just needs to break this little downtrend that's in volume's okay it's done 218 million might need to pick up volume a little bit more than that but it is the benefit relative to wff of having not fallen apart i think wff what's appealing about that is like how much further can it really go if it was a buck 80 at the bottom on friday or buck 70. so a buck 70 was the low on friday it's now at 220. yeah once it's underneath two dollars i think just looking for one good bounce you don't even need it doesn't have to go to vwap you can just get one good bounce maybe under two and then back through two if you get one halt might be able to get up the quarter 30 50s whatever might be so this one will definitely be on the [00:20:22] Speaker 4: radar because it doesn't have to move much all right uh 78 81 i guess so we do have a new position is that order go out yes 78 81 okay um i'm gonna do what i said i was gonna do there we're gonna look at the tqq shout out to beta pro you could take the tqqs uh here in the toronto market as well um oops let's see you type in tqq here t it's the same symbol tqq you go over click on toronto and sometimes it changes something that doesn't so you know it's gonna look like the same kind of levels up here 78 78 75 against the highs of 39 85 right now so this is a triple levered nasdaq uh 100 you know ultra so we'll have to wait to see triple levered so we're gonna go short right now watching out against 78 70 there so that's going to be a level that we're going to try to average in on if we're able to i'll take a little bit at 60 if we can get it then 78 70 and i was just going to give it up to eight like i mean we can't give it to 93 but i didn't really want to lose that much i was going to go right into here 80s so forget about what's happening up there i don't want to lose honestly 15 more cents not worth it so we'll sit right into their 80s if we're wrong we're going to be wrong what i'm trying to do is just play off the high the high again and then we just made a little bit of a new high the lower high uh in place there so we almost got short there i was at 59 so we'll see if that can come through but right into there we would love to get a little more short and just test what some of these levels look like again fed williams speaking right now nice upside plays there happening on the tqqs we just want to give a big shout out to everybody that's with us right now in the chat so we're gonna do a little bit of a roll call uh before we get brian here because you know what that's what's important i mean if you guys have any super chats what's up uh joe just came back uh cheese in the chair gave a super chat a few others there as well but here's what we're doing right now what's up to rocky joshua scuba's here there's neil st patrick is here what's going on patrick yeah you know what we could look at that's another thing we could look at palantir maybe you could trade today uh anchored in adventure we can look what's up to you charlie no teeth what's up kirk there b-town is there tyler the trader aj easy how are you doing black mamba trader we like the black mamba trader vision verified visionary the auspicious turtle is here as well john van souers thank you to everybody for joining us one more time here today thank you everybody on tiktok i like that yeah and i see we have uh elon reeve musk sent a gift so did kiki 08 from tiktok so i want to say thank you to your gifts as well those might have been from the afternoon show there it is hello hello hello uh do you guys over there uh across the pond i don't know what that was about uh but shout out to elon over there hopefully uh you're having yourself a good day but okay so there we go man now our average price is 56. so we take some 50 51 take some 59s now we're in 56 let's see how low we can go uh we are looking for a little bit more up here at 70 so if that happens you know we'll be averaging in so get ready for that one just under one unit right now uh first area to take some out not here let's go down into this area let's go into like the mid 40s at least um and hopefully we can get 10 cents on the first piece then we'll look at 40 and then we'll look down here see if we get a little bit of a view op retracement in place so yeah we're going to go short on the nasdaq 100 here with your tqqs [00:23:40] Speaker 3: yes sir oh i see what's every now and then it's like you look i look back and i see what's already gearing up so you know what's going to be coming in about oh we're going to the wall you guys know what's up uh there i was mentioning that crypto was relatively weak dmnr might have gone when williams and barkin were talking kind of crested above vwop i jumped back in to get short but if i don't get this i'm looking at i'm staring down ibit which is right at a key level uh here at 47. so i want to short this one on the next available pop on i we're long and that was the one that didn't work out for us and then just one one look because i was asked about moderna it's so linear today like it tried off this high like there was a morning top it did a double top 30 went for that short but it just won't break the downward trend so i think unless this breaks downtrend this is almost like a hold on to the long situation on mrna but if it does the other day it was it might have been i don't know it was wednesday or friday but it was a couple a few sessions back i remember it did give you some little bit little pullbacks actually i think it might have even been friday we had this little pullback in the afternoon you're able to get a quick couple of bucks out of it but then not much more it feels a little bit more orderly than that like look at this move compared to this move like this is more appealing for reversion trade because it's screaming program by and the extended candles overextends a bit this is very very orderly so until that orderly structure breaks down there's probably a nothing burger there so crypto shorts what i'm going to look for let's go up to the desk because oh no not the desk we're going to the from the window to the wall what am i talking to the wall man there is at the wall let's see what's up hey guys it's time for today's segment [00:25:26] Speaker 5: of to the window to the wall where i pull up an infographic window we talk about it on the wall now we've talked a lot about fed members in the last couple minutes feds barkin feds williams let's talk about a very embattled fed governor lisa danelle cook she's back in focus we know back on i believe august 20th of 2025 president trump first tried to remove her from the position there was a sole supreme court case over whether or not she could be removed from the board by president trump without any kind of investigation proving wrongdoing turns out she couldn't supreme court ruled in her favor so there is still investigations here but she's allowed to remain on the board well president trump up the ante this is around 10 a.m on friday october 9th so a couple days ago now president trump announced a committee to investigate mortgage fraud allegations into lisa cook now this is the same series of allegations here that led to her or president trump's attempt to fire her in the first place so this is kind of back in focus here but either way this third person committee is going to be holding a hearing which apparently could be up to four hours long on thursday november 5th just days after the midterm elections lisa cook is allowed to participate in this hearing we'll have to wait and see if she will be but either way here here's the committee because you guys should be probably familiar with at least one of these names and that name is going to be the first guy here kevin has it he i guess his official title here in the announcement was assistant to the president for economic policy he's also you know the top economic policy advisor to president trump and he's the chair of the national economic council so he's got a couple different roles the other members of this committee are andrea lucas who i personally wasn't familiar with she's the chairman of the equal employment opportunity commission last but not least keith sonderling who apparently is not only the recently appointed secretary of labor he's also the acting director of the office of government ethics so these three are going to be holding this hearing this is relevant guys because depending on what happens here fed independence questions could come back up so november 5th you guys know i'll be watching this hearing if it is on camera i'm not sure if it is with bated breath to give you guys all the updates because fed independence is definitely going to be back in focus here on november 5th and leading up to that hearing if you're looking for more infographics i posted like so many today we've got a whole bunch more coming tomorrow and we have earnings previews so make sure to check us out on x at ttvresearch if you have any requests for stuff that you would like to see here on the infographics i always try to honor those who just tag me in the chat i believe it's adara ttv if you have any suggestions that you want to see his visuals when i have the time in the meantime we'll send you back over to the guys that was today's segment of to [00:27:57] Speaker 4: the window to the wall wow thank you adara to the window to the wall to level twos uh back to the desk so uh we do have our final fill let's hit the sirens uh giving us the short at 65. so you know now we have that two units that we're looking for there and um yeah this was this was the level so this is where i always get myself in trouble like sometimes we start a little too early there but i have no idea what the market's going to do so it does come back in sometimes when you start early and then it just tanks you get mad because you don't have enough shares on um and then sometimes when this happens you're pretty happy with what's going on because now you finally get that position and your average price is fine so we're sitting right here 78.62 we're going to find out if that is um one of the trades i'm looking to get something out at 60 uh there just because it hasn't really been going for me and we just i was bidding 47 right here when that hit and we didn't get filled so hopefully we get filled at 60 we just thought saw 60 on the bit and missed it there it goes taking out a little piece there as we break back down through 60 and now we're starting to get a little lower as we're making a little bit of money here uh on the short side of things here trading our nasdaq 100 and no hangry wife i know it is not the future so uh but we're waiting for another fill here i'm going to wait for 57 to get halfway and then if there's something that comes in near 50 we'll take that and then we'll just move on so that's what we're doing right now with the nasdaq looking for a little bit of a lower bid uh right now so yeah that's it uh we could take five cents if we wanted it but we're gonna wait for a little more uh to the downside right now neil's in bmnr i'm short the market so we do have a little bit of a short bias here i would say i gotta find a way to put this comment up [00:29:39] Speaker 3: you know what i gotta just yeah i'm not on the right page to be able to do it so i'm just gonna put joshua mallory on on blast on blast okay good eating garlic broccoli and tofu right now while i [00:29:51] Speaker 4: short crypto yeah okay i mean garlic broccoli you got some beef in there like some beef and broccoli choice love that chinese dish man that's definitely a choice and it's always said tofu oh tofu perfect [00:30:05] Speaker 3: why not we were about the the beef usually but hey tofu i didn't see that yeah you could be vegetarian i love that i'm starting to like tofu tofu is fine my daughter loves she likes tofu like she obviously we i should say i shouldn't say obviously we eat meat but she absolutely loves tofu yeah we've got to have some meat but i also like the crypto short because they're underneath the volume weighted average price we're in when they were talking when the fed was talking or a couple of fed members it busted view up but you're still getting lower highs being put in so i'm shorting this one back into view up just like we were before and yeah right after we talked about moderna they put in another one of these indecision candles and every time it's done this there has not been follow-through it just sort of gets a little bit choppy but resumes the upward trend there's a chance a good term but i don't want to force i want to force it like be a little bit patient with this it's still looking like it's a little bit upward trending i want to see some real sellers start to work their [00:30:56] Speaker 4: way into uh the stock john oh but if you yeah if you have a short-term market view oh yeah why not explore beta pros daily bull and bear etfs in fact i'm in one right now with exposure to markets including the nasdaq gold and crude oil you can be involved in whatever you like over here in the toronto markets get it with global x and beta pro please visit beta pro.ca to find the products listed there whether or not i was saying whether or not your oil here's the hod uh this is going to be the bear oil there it is oil right there bear oil etf and we showed this we tried to show this yesterday and i was like wait a second there's no quote it was canadian holiday uh but look at the size here lots of stuff to do you can see hod the bearish levered bull uh bearish on oils so there it goes there and you guys know i'm trading the tqqs here in the nasdaq but same idea over there in toronto tqq.to join beta pro we just got a couple more covers man we got we got our 57 so that turns out to be okay we're actually out of half already like i'm just scalping this move on the way down like we just we basically got i mean you saw me take the high so coming back in hopefully we can get something out as we approach back into here this is the this is a daily chart um nasdaq right now just off of all-time highs and remember the tqqs i just want to say it's it is exactly that ad read that we just have there with beta pro is that these are levered etfs to be day traded right so um you can hold them for swing trades and things like that but how they get that leverage is through options and of course options has decay so you got to keep on spending money to keep on you know renewing that that that triple leverage so be careful with the tqqs they're a great product and here we come back in so let's go man it is your chicken dinner winner uh right now trading this and we'll just take a 53 out right there as we get printed to the downside so so far so good here on this short we just shorted 69ers right there we did start early but it's coming back in right there so it's a good little short here on the nasdaq for now that's why we're covering so we are at half just over half of this trade rate here uh sort of stacking up a little bit as we go so not too bad did i i just heard sia i think not yeah not yes just a second yeah before we get to that i think you would somebody had [00:33:14] Speaker 3: mentioned palantir around here oh i think someone did you oh i mentioned someone in the chat to look at palantir the viewers were talking about it palantir just had a pretty heavy move down so it could just be weak stock trend break uh could be the volume weighted average price broke but that looks interesting but it's it'd be a chase i wasn't really paying too much attention to it and all of a sudden i see this break down after we pull the chart up so if it bounces this gives us another look instead of just crypto something underneath vwap which is somewhat trending down weaker than the market all the things that i'm looking for uh for the short uh we'll get to that question tariq i see you in the chat uh we're going to go to happening now however at the desk we'll see you [00:34:01] Speaker 6: let's take a look at what the markets are doing right about now we have the spy that is down very minutely the triple q is down 41 hundredths of a percent and the dow that's down 24 hundredths of a percent at the moment two stocks that i want to talk about this news did come out earlier in the the day obviously bumble uh being acquired by ithaka holdings and the all cash deal valuing the company 1.3 billion dollars but what we want to talk about is how crazy bumble is reacting to this it is up a whopping 56 percent on the day 56.2 almost percent on the day subsequently there's also meta that is up three percent on the day now it's rising for a second day following the rollout of its muse wonder ai model but the release this uh was also well received by wall street and choice industry uh choice also hiked its price target from one thousand uh to one thousand dollars from 763 [00:34:55] Speaker 4: that's about all sending it back to you crazy it is uh thank you guys talking about tacos over there like you guys are killing us with the food taco bell talk over there oh my god um what are we doing we still have our eye on wff if this one wants to rip we're fine with that one but here we go man this is starting to turn out to be a quite a nice little looking trade uh we shorted two units up there well our total was two units our average price was 65. okay so now it's going to show 69 but you guys know when we filled up our our um our position we were 50 65 so that's what we're looking at right now 78 71 as a high uh right there and that's what we kind of wanted and we just got a little anxious the good thing is is because we waited for that we only had just under one unit as that was happening then we put on i guess a unit and a half or so you know which gave us what we needed to the downside and there it goes we're pretty happy with that trade so far um i want to look at you know a trade idea that we had first of all let me look at j&j because i didn't buy it it's battled back a little bit anyways like that name was at 245 so we said that like you know after day two or day three of earnings maybe we're looking into i'm not going to cry over spill milk here still down six percent obviously good thing we didn't buy it before the earnings but kind of was a good setup into earnings like we kind of bounced off here if you'd asked me yesterday like where we may trade down to i would have thought maybe this low of 52 53 therefore j and j so the fact that we breached it and now we're trying to get an opportunity to buy at the 200 period moving average we just did uh that little video there that little lesson about about different lines on your daily chart i really like the 200 period and the last time we had got anywhere sort of near it sure it was right there back in may fine uh but then you know you got to go all the way back to july of 25 we're really choppy for johnson johnson they had some settlements go through and cleared the way right and so we already know uh ken view and so on and so forth some different things happening there with j and j without any further ado i'm going to take another piece out here on the tqqs but i think j and j is definitely we always talk about short-term trades here obviously i'm getting out right now of the position i just put on 20 minutes ago but i think that j and j definitely worth a long-term look somewhere in the area that it's in now so i'm going to be buying a little bit more uh there tomorrow and or one of those days and we'll figure out it was just a question in the chat this is a this is a big movement now 30 any dividend any dividend stock [00:37:20] Speaker 3: suggestion from life oh well there you go life of a seller well there's one i i really like j and j life of our that's actually not life of a seller is not what the name was but it's close enough i'm just going to call you life that's close enough to your name j and j is an option i like i've liked this year at v particularly it's not having a very good day today but it's it's upward trending get a good divvy you don't have to worry about the trend being against you i think a lot of times if you're looking for a dividend stock people always chase the yields of something which is just dying but in this particular case it's been on a breakout and if you look at oh i already had the weekly chart up oh good yeah i guess we were talking about it this morning and i haven't changed but if you look at it on the higher time frames like it's very steady eddie to the upside you look at and then you can go back a little bit further we can look at the monthly chart the monthly chart looks great like every single dip it's getting bought up pretty promptly so it's one that like now you're probably chasing but this is like a buy the dip situation like that's what j and j is giving you i think the next time this dips you'll be looking for those dip buys every single time but durna has finally shown some signs of follow-through so it broke do i redraw the trend line here nah whatever you guys get the idea if i drew a trend line here kind of broke down it topped out had this indecision candle then put in a second one off of the 18 highs the 218 so it's kind of broken underneath if it breaks back above the prior bar i want to be out it's a long way to vwop but i think the pre like the opening range top at 214 to 215 provides a very good a very good target for us in here it's a bmnr we're working that one into the low of the day and scott h is scott h with the neil killed the market what are you ozan i'm not responsible for the volume in the markets but it is worth a point there has been relatively low volumes today futures are doing low volumes we're talking about that sk hynix move back up on low volume that makes me very unconvinced like it doesn't mean that i think like i don't want to fight this stock too much it doesn't really have any great setups for the short but i wouldn't be doing any cartwheels because these stocks are bouncing back today you know it closed in a lot of the gaps cerebris closed in a lot of the gap but these volumes are not they're nothing like this cerebris is doing a fraction of yesterday's volume like a very small fraction overall the market volumes are low so relief on low volume days to me is not real relief it's very unconvincing some of these bottoms i know we see cpi there's a lot to possibly get to but whether you explain it away or not it's still some of these bounces very light and unconvincing volumes uh which matter to me you want to get those good heavy volume rebound days where real buying comes in like it's more convincing [00:40:12] Speaker 4: if you see real buyers oh yeah um we definitely want to see more action i'll take more sellers um well i mean if you're looking at bouncing stocks yeah yeah of course um so we'll we'll take some more out right now 30 cents starting to go lower our best out is right here at 38 so as we continue to push just a little bit lower now on the nasdaq we are bouncing off that 200 period moving average so we're talking about trend lines for this one minute chart i like a 200 period and we are bouncing right off of that you know we started the short here got got our full position now it's upside down watch out for 45 break we can punch out a little bit more if it does go back up to the upside we don't want to give anything back that we have potentially already made that wff you know it's maybe like it's a wtf right now it's not really doing anything uh at these levels that we just broke through uh the 25 period moving average i did not pay for shorts so it's going to be an expensive one to do so i mean i can probably look now it might not be it might not be now because it really hasn't halted in a minute right so i'm gonna take out another piece of the future of the futures of the nasdaq 100 tqs right now as it's thought i thought maybe we were going to go and i didn't want to waste even four cents we got out of 42s a little bit more right there oh never mind yeah that w is it so expensive it's like 36 bucks for 100 yeah so still expensive 36 cents on a two dollar stock yesterday when it was 50 it was four dollars so it's very similar so crazy they haven't changed the pricing too much on this one but i was going to say i don't know if it's worth like it's not worth 30 cents to me on a halt down at this point but you know i think the halt up i'll i'll try so i kind of want to watch wff here if it does go off uh we'll trade that to the long side but it's got a halt first and we've got to be able to see that uh going through there was a headline there now it's saying subscribe so we can uh wait to see one second and then maybe that'll come off saudi arabia issues warning a potential hostile aerial threat well i mean okay it just keeps on going and going here i mean i don't really know what to talk about when we look at uso like you're waiting in what i'm waiting for is like a dramatic move like i want to be in this futures trade or in this nasdaq trade and just start seeing it going off and start seeing it going one way or the other and then i'll look over at oil like for right now unless these mark the market does something nuts i'm not really that focused on oil so blame me for that but i don't really know what else to do if it's not going to lead the market i don't want to trade it i think it's very dangerous to sit around and trade oil right now when all these headlines are coming in you just got to wait for the biggest and the baddest one to hit and when it does we'll trade off of that i i've always liked gold at these levels i think you know we're always talking with michael and i guess we can talk to brian if he comes through in a couple minutes uh that this is a level that i missed on that break and i was like oh man everyone's talking gold it's breaking it's breaking out we've come right back into this area right there so i wouldn't mind getting a little look on gold down here pretty safe investment i mean it's supposed to be and but it's had decent moves like that's ten percent 430 down to 380 right that's just over ten percent right now on this move to back in so i don't think we're getting into bear territory anytime soon but that would be nice take a ten percent haircut on gold and then buy it not a horrible idea right there on gld so you know looking there and maybe instead of bitcoin bitcoin still holding out 83 000 for right now but um yeah more more happening we're still oh that wff by the way is gonna break too right now so unless you have shorts you can't really hit this level you know you got to pay for them so anybody getting out or getting short right now either has paid for shorts yeah or their longs and they're just stuck and they're getting out i don't really know where all this volume comes from considering it's not moving a whole heck of a lot but 35 million shares watch out for maybe a two dollar bounce could be a trade there on wff well i was sort of thinking like what if it lost two [00:44:07] Speaker 3: dollars and then regained it like did a like a volume capitulation bottom because if you can't not paying for locates it's it's that's about as high of a price as i've seen in a while like 36 cents that means you to break even you have to pull 36 cents out of a two dollar stock to break even that's insane uh for locate so only looking long on a stock doing volume does limit what you can do like what are you gonna it's a falling knife you can only have like the highest volume candle of the day breaking through two dollars and then back through two that's the only thing i'm interested in for wff or maybe that 170 low from earlier i think that other stock uh shoot it was now i forget the other small cap one something jho yeah there was a couple of other ones that looked a little bit better if they start picking up volume i think those are the small cappers that you want to be more interested in for sure all you keep hearing is you know the market might be quiet today this and that there was the arm story the qualcomm the lawsuit with arm this is the stock the 200 period has been the holding spot for arm you know you can you can like where it's been before it's been a great stock to have had underneath 100 but once you lose the 200 period you run into some real trouble today bouncing on news so you get a bit of a minute reprieve here because maybe some people saw this coming so they're still buying the dip in front of the 200 but this is very close to tipping the scales and turning into a bearish look uh here for arm i believe i heard we're going back up to the desk so we're gonna head to the desk everybody i think we should have our friend on soon but until then adara adara so this [00:45:48] Speaker 5: headline came out earlier but i want to repeat it because axios is at it again they're reporting this but again guys this is not new we knew this during the midday reported this probably a little bit after one president trump and netanyahu are reportedly considering resuming iran strikes before the midterm elections this would go against the truth postal uh social post shared by president trump last thursday during which he said that there would not be any strikes in iran until after the midterm so again axio is re-reporting this headline that president trump and netanyahu considering resuming iran strikes before the u.s midterms back to you and i've seen the market let me know the u.s is not [00:46:26] Speaker 4: doing anything like i'm getting cross signals there you know what they just said they wouldn't the market that is and now isn't and now had talks with russia so on and so forth so i think we're doing the right thing by really just waiting for uh the time to see the market move and when the market moves that's when we'll be able to identify what exactly is going on i just want to say if you guys are watching right now make sure you do hit the like and subscribe only 217 hit the like button over 4 000 watching if you could do that for us that would be really great show to a ruined warrior over here uh 1998 good one black mamba and everybody else out there hit the like button as we're giving you some decent winners i feel like right there there goes the market look at this man top of the afternoon right right right into vwop and going lower right now this trade i mean we're putting it up again we had we had two units that was a good trade the most we had i think this morning was four or so on apple but this is coming back in it's a nice move right into these lows again right into view up we're starting to cover just a little bit more now we still have 20 to 25 percent left on that right now uh that's what we're looking at right here yeah that wff breaks two dollars it's not doing too much atiu halted that's nothing going on there fisk no that's nothing the other one was jay i saw someone in the chat just put it actually what is it jb oh yeah jbdi this is one that um shreve asked me for and again another very expensive name yeah 82 million shares today this was expensive to borrow um only really halting early hasn't really halted late yeah he was talking about he was saying jebediah the whole time so there it is jbdi bouncing off 360 so here's a name that we could get into maybe again jbdi oh we just got to fill again at 25 24 sorry on the tqq so so far so good there apple apple's doing a dance at levels that i thought we liked wow 242 i like 241 so you know just making another low rate in there 241 50 maybe apple is on its way back northbound right now 242 50 242 low low new but higher lows for apple a stock that we can get behind the long i think at some point there apple and then you know we haven't i haven't looked at google in a while is that something near 350 okay above 350 so that's nice um good in a move that's down 0.6 so far uh google upside now today so looks like they're on the way back you know a little bit of some dips there we had some bad releases in gemini i thought like it was delayed then it wasn't uh but yeah so far so good there we'll see three 359 or so on google but for right now all we've got is this short right there and it's bouncing off vwap so i don't know i don't know that much about vwap neil knows a little bit about vwap what's vwap but our guest right now knows a heck of a lot about vwap and we want to welcome onto the show again mr brian shannon from alpha trends so hello brian and welcome back to the show once again i feel like you've been here for four plus years i don't know if you have an exact date um or rough time but um i remember back in the day when you're talking about intel and that 30 or 40 year vwap uh line and all that kind of stuff but welcome back to the show there brian one of our original guests good to be here again yeah it's been a while i have no [00:49:48] Speaker 7: idea but uh four years probably at least you know what i saw yesterday we were at um the humber river here [00:49:55] Speaker 4: in toronto and what we have is it's gonna be completely different experience than you had the salmon are jumping uh right now they're trying to swim swim back upstream but this this river is basically toronto runs through toronto goes well up north not the same quality salmon i i don't feel like that you witnessed uh on your trip there i'm never going to forget some of those pictures that you [00:50:18] Speaker 7: shared with us what an experience that was eh brian yeah alaska is uh just another world completely different but uh i'd be down there scooping them up sean would you would you be yeah there was a lot [00:50:29] Speaker 4: there are some people fishing there i was actually worried i don't have a license but i saw some kids i don't get her done i was gonna get my kids in there just to scoop them up but i don't think they're that edible here so to be honest with you so uh we'll pass on that is alaska a place you would retire to or [00:50:42] Speaker 7: no no way i mean it's good for maybe you know six to eight weeks at a maximum i think um those winters can be pretty brutal and you're you're remote so yeah not a retirement place for me i heard about [00:50:55] Speaker 4: those alaskan winters yeah um so we had a brand new all-time high happen uh well i mean intraday high happened on a stock this week and it was palantir and uh this is really had quite quite a run and there was the last break there back in october of 25 and we're just kind of hovering there this is what i was saying we did have this is earnings up to 220 we're going to sort of ignore that wick top but you know what brian i'm starting to get a little bit of a feel like if you go back to december we kind of made these highs again in a couple weeks sent us lower um kind of the same type of thing here we have three or four days we're kind of topping out back in september are we getting a similar feeling right now i mean it's only a few days i don't know if we're getting too exhausted here probably not um is this a long or what do you what do you see before you get into involved [00:51:45] Speaker 7: with palantir if you're not already i think if you have it you own it you raise your stops but as you said it's it's getting stretched we just ran from you know 165 to 210 and you know looking back at similar types of moves like you just mentioned this is one that's maybe getting ready for maybe not necessarily a pullback of this magnitude but you want to protect those gains if you if you have them and i don't think at the same time you want to you know be chasing this stock up here so you know raise the stops if it pulls back this seems like you know the 195 area which was prior resistance that ought to become the place that gets defended as support we had apple as well so i'm going to give you two names [00:52:32] Speaker 4: that are at all-time highs and it's apple again and apple's a little more controlled than what we saw with palantir this has sort of been stair stepping up right for me i think that you're looking for maybe a little bit of a consolidation area here getting around that 330 and i don't know if you're buying any of these new products but today they had a new release of different products you know we were looking at it we were going long early it was actually fell right against us until we were able to find a bottom and brought it back to the upside that was a very risky trade pretty irresponsible holding it like that but anyways apple at some of these highs this is a name huge cash position and what we talk about on the show brian is sometimes when memory and i think you know neil's going to come up with some different names for you but we saw today dram downside we've seen micron on pullback sandisk wdc i mean we could name them sk hynix apple's a different story because they haven't put all that money into capex they do have it's more of a consumer stock obviously rather than more of an enterprise name like some of those other ones with building up the memory you like apple up here i think we've been talking about how it's maybe a better safer trade than some of these crazier nasdaq names as the nasdaq and some of these memory names go down it seems like apple's going higher anything about that [00:53:41] Speaker 7: relationship i think you're right and the mags in general have been strong they're you know at another new all-time high here today we've spoken about this and i i think i mentioned here or at least in some of my videos that i was looking for the measured move from this 68 and a half up to 73 and a half uh to be equal to uh bring us a price target right up here around 75. so i think the mags in general are starting to get a little bit stretched it doesn't mean you can't keep making money with them as you pointed out apple new high today but you know the last new high was right here it it overtook this one by a brief amount now we have this new high and the stock just ran from 330 to 348 so not a huge percentage move but it reminds me of the conversation we've had recently about nvidia and the failed moves that we've seen there on these breakouts it broke out here here here and then again you know week and a half ago here and each one of those breakouts led to a pretty sharp and severe quick uh moves lower so when you get a market that stretch a stock of market in general once it's stretched like these are and then they break out you got to start playing defense uh offense was as the buyers took control now it's okay let's make sure we uh uh protect what we have um yeah excellent [00:55:06] Speaker 4: i think that's that that's part of the whole situation and i think that's why a lot of people run to safety for apple but you know when it's at some technical levels might be worth a little bit of a defensive strategy there neil's got a name that we talked about i think it was last week or two weeks [00:55:18] Speaker 3: ago let's go talk about some reddit yeah thanks ryan and this is from the viewers are curious uh your thoughts on reddit i mean there's there's been a lot of places to look bottom picking i think obviously this is one that's it's it's off the highs clearly still got your downward sloping 200 period moving average so brian was in the average i don't know if i know i know you okay okay i know you're in this one so a the first question was are you still in it uh the second would be if not do you look for a potential re-entry because i keep looking i look at the 200 period moving average and think it's worth [00:55:51] Speaker 7: a shot if breaking that at some point again i i was in this just to refresh your memory as a short sale i was short over here and you know basically got stopped out with a small gain a couple days later i've been out of it since that 200 day moving average declining it makes me not too enthused about it but now the 50 is rising so i look at this kind of really in no man's land it's in this zone here um that's kind of kept it uh you know in its place for the last two months i was looking if you recall at the month uh the weekly time frame and looking at the anchor from the ipo there and the fact that i'll clean this all up but what we were looking at with that anchor was the more times it was tested the more likely it seemed that it was going to fail in particular because we have these lower highs coming in on it and that declining 200-day moving average so my uh outlook on this one is really kind of neutral if it breaks the 200 i don't know how far it can rally because the 200 is still declining and the 200 will continue to decline because this is where we were 200 days ago so over the next you know month we're going to be averaging using this data to average out meaning unless it has this phenomenal move up here that 200 will continue to decline and that keeps a lot of [00:57:10] Speaker 3: institutions out of it yeah i think that's a great point about the institutions and there's always that fine line between it kind of trending down not really breaking the level i see it kind of trying to hold that support but you got to wait for some kind of strength above that 200. let's keep it with the viewers here but i will i could ask you about cerebris and where would it have to pop to to get some kind of a fade and maybe you'll leave that one the back burner but there is a question uh jeff in the chat would like to know your thoughts on marvell specifically you know there is a name very much we just talked you just talked about a declining 200 period moving average well you don't have to worry about that the 50 and the 200 are both inclining here it's in a bit of a pullback so it's upward trending stock and a pullback is there an anchor that you find interesting on marvell as you know [00:57:55] Speaker 7: a lot of things have been giving it up a little bit 250 has been a key level for this stock i just drew this in here with prior support in june which turned to resistance in august now support here and being tested once again so that tells me we're at a level of interest if we go back and look at the anchor let's say off of this low i bet we'll be very close to it in fact we're right on it so i look at it and say it's a healthy stock overall it's currently experiencing a pullback and we have the pattern here of lower highs and lower lows that hasn't been broken yet so short term you know intermediate term on the 30 minute time frame i look at it as guilty to proven innocent so that five day moving average is likely going to continue to decline tomorrow as we average this data out so maybe tomorrow we see something like this we rally up to the month to date anchor and we start to turn sideways a little bit and then you want to buy the strength after that so that we can put our stop underneath a higher low and to me that would be the proper way to get involved in this we don't want to be involved while it's still making these lower highs and lower lows and declining five day moving average so we avoid this we start to anticipate as it turns sideways participate as the buyers gain control and set our stop up you know underneath whatever the higher low is if it does this and then continues to rally raise your stop up raise your stop up rinse and repeat until you know maybe you got stopped out something like that that's the way i look at for a swing trade at [00:59:25] Speaker 3: least yeah many a wise man have said participate don't anticipate if at all possible i think that's true words there uh brian it might have been you and if it wasn't you i'm sure we can i'll just give you the credit anyways i wanted to ask you about cerebris because oh my goodness it's up today it has it hasn't happened often but i promise you it's true um it's not impossible for the stock to go higher we talk about things looking bad and trending down and with ipos you don't have a ton of price history so you're mentioning a short on say a reddit how do we approach this because i feel even with this day short till it's not if this were to bounce where would you look to re-engage the short is as simple as we only have a 50-day moving average i feel like you're waiting forever in this kind of a move it can anchor from the highs that's got to be so far away at this point like what would your approach be for something like this rebirth which is seemingly like it's breaking down every day and it's got an ipo it's got it's got another tranche a lockup tranche tomorrow yeah i mean this [01:00:30] Speaker 7: might be a sell the rumor by the news based on that you know trying to lock up kind of the way we saw you know spacex if you recall on spacex all the you know stock that came to the market down here and everyone was hating it because of that and that's exactly where it bottomed so um cbrs it's broken down ahead of that and we have this prior band of support up in here at 170 that's going to be really difficult to get through if it rallies up into that zone i'd be looking for you know that to potentially be the place where it rolls over you've got a declining 20-day moving average declining 50-day moving average anchor from the ipo to me it's you know there's the stock is a dog pretty much anyone who's bought it since the ipo and held it is is is in a losing position except for maybe the people who bought it today they're the only ones who have a profitable position and if you and the stock came public at i thought i had it written down here but i think it came public at 260 maybe or something like that and you know even those people are at a losing position so it's it's just a dog it's it's you know what for some reason it's got a story that everyone gets excited about but the stock is just [01:01:43] Speaker 3: guilty till proven innocent oh yeah thanks and again we always try to get the viewers and i get it maybe it's not a very sexy looking stock i don't think anyone's chomping out the bit around here to be long uh but that's what the viewers wanted to see so look we've given an opportunity to answer some of the viewers questions i'm just curious you mentioned you know reddit not being in that anymore is there anything that has caught your eye today or this week uh that you like we have the banks sort of coming in uh for earnings so earning season is going to be back in there hopefully volumes will pick up a little bit after that so what has your eye this week if anything we all [01:02:19] Speaker 7: know the cash is a position sure of course um let me go back to cerberus for a moment because here's what could make it you know better is if it was to rally up through that 170 pull back and test it then you would look at this as a failed breakdown and then it can recover but while it's below this band of prior support i think you've got to really uh be suspicious of it um one stock i'm not in yet but looking to get involved in um possibly tomorrow morning is fastly fastly is behaving well in here and it's just i you know i'm thinking probably above this level right here which is about 27.65 or so with a stop either below the low of the day or ideally just below here so fastly i like the way this will pull back um i just got stopped out of uh carvana which was a beautiful short and this one still i you know longer term i think carvana is making a really big top here but i've just i got involved yesterday so i got stopped out of that one i'm involved in some fhn on the short side that one was a new entry yesterday um and same same kind of look as that carvana on the weekly chart if it can break this vwap in here it's looking like a stage you know four ready to roll over um and i i just bought uh today a little bit of nvax this is a you know pretty risky little biotech stock it rallied on that uh russian news uh two weeks ago with uh whatever their you know ebola or whatever [01:03:55] Speaker 3: was going on over there i have no idea um what was it the plague oh the plague the pneumonic plague [01:04:02] Speaker 7: it's back brian it's back so here's the you know here's a weekly chart of this stock and you know it is a risky little biotech it gets you know clobbered on a regular basis so you don't size it you know big because this is what most people don't focus on when they look at the stock and it might do this tomorrow but right now it's behaving well so i'm involved in that one for a small position and uh likely you know my stop will be below the low a day hopefully i can raise that up uh those oh you know what and and uh i heard you mention earlier a you guys were talking about dividends maybe pfizer is one if people are looking to put money away here we go okay that's that's a seven percent dividend and if you look at this weekly chart uh you know we're we're batting with this anchor from the 2022 high and that's a nice longer term base and it's seven percent so maybe that's a dividend play i wouldn't you know that's not my game but uh that's just one that came to mind [01:05:03] Speaker 3: yeah oh i i love you bringing up pfizer because i feel like that's one of those you know you get paid seven percent if you can also somehow catch fives bottom if and when it does happen it's starting to look good it doesn't look as terrible on the monthly as it as it has been lately so that's one starting to peak our interest right as always i mean thank you so much and for those that had questions and maybe didn't get a chance let everyone know where they can find you [01:05:29] Speaker 4: uh just on x at alpha trends and you also have this book here back to trading games with anchored vwop go pick it up brian shannon thank you once again for coming through um any any plans this week we just had u.s thanksgiving you enjoy turkey at all or our canadian thanksgiving uh right exactly as i will did i miss something here it's not november 26th i think yeah canadian thanksgiving we're we had uh for me i'm like a dark meat kind of guy for the turkey there yeah um you're not vegetarian are you brian no no no way no no no way okay well he i think we know brian's uh not a vegetarian so [01:06:07] Speaker 7: are you a turkey kind of guy meat too dry i like turkey yeah it's a little dry but you know if you [01:06:12] Speaker 4: cook it right it can be good what what does the thanksgiving feast look like at the shannon household [01:06:18] Speaker 7: that would be it would be turkey it'd be a traditional you know thanksgiving meal stuffing uh [01:06:23] Speaker 4: maybe some are we pumpkin pie likers over there do we love some pumpkin pie we'll do pumpkin pie yes let's go all right all right also you better say yes to that i know we're having some debates here about pumpkin pie like it a la mode a little bit of uh ice cream on top it's uh you can't beat a good pumpkin pie and you can't beat brian shannon go make sure you guys follow him at alpha trends on stock twits and on x brian again thank you so much for coming on uh every tuesday you can find him here at 245. thanks everybody appreciate it all right uh yeah one of our favorites there go make sure uh you do check it out sometimes he hangs out in the chat as well so you can go uh find him there in the chat thanks brian knowledgeable and great taste yeah for coming through and yeah he likes some pumpkin pie and very emphatically he's okay vegetarian yeah look i we had we had talked about it um you know over at uh katina or wilson katina capital i have to make sure the wilson goes first uh for dividend stocks yeah pfizer i mean we i i knew it was seven percent uh it was much much more when it's down here but um yeah there goes pfizer to the upside right now this could be a decent look right i mean if you are chasing yield you're gonna have like seven percent down obviously isn't too far but if you get 10 down that's 280 off of this so you got to come all the way back into 25 bucks so you do have a little bit of protection on that yield side of things as far as capital versus yield is concerned so you know pfizer looking decent right there i always suggest looking at the pipeline um of some of these things because again j and j are at v between two to three percent their dividend for those but if you do like the capital story better you know you probably make that up in one day the difference between the dividend and capital appreciation looks like the market's finally starting to go back up to the upside so i don't know did we just get a highlight there or something uh that just came through on the on the bottom because there it goes i just want to say as brian was on we never want to interrupt one of our guests of course but we were you know there's the break like we were talking about breaking through 40s and 45 so we actually have a 35 there and then a 40 and we i now have less than 10 percent left so we had two units on right there so we have less than 10 percent left as it's coming back up i could think about shorting this again i i'm not i'm not afraid of that i think if we do it now though maybe you stop rating around here 70s something like that we'll give it up to hey we could still keep our 80 short we'll get another short around 70 if it comes in okay i'm not going to short it now last time we did it a little early cost us a better position the profits came in but um you know cost us a little bit we had five cents off of where we should have been so we'll wait here at 78 70 or 69 get that fill and then give ourselves 11 cents to the high side again so not bad we'll see if what we can do with the t triple the other thing that happened while we're while we're [01:09:07] Speaker 3: talking with brian that was ripped that yeah the over under that little false break of two dollars on wff it did happen it got down to i see a buck 93 is the low and then immediately held back above two it topped out at about 37 30 maybe 240 or so so it did give you that bounce off the two dollar level wasn't paying attention we're talking with brian and it actually gave you some time to get in but it's already halted down so it got two bucks to 240 gave you 20 and is right back into a down halt it's indicating an open higher at 216 but yeah that feels like even the bounces are kind of minute on wff and i know there's nothing 20 is nothing to sneeze at but you got to put this into perspective this was a 50 stock at one point yesterday and i think when we opened up what was this 19 or 50 or 15 bucks when we open the pre-market highs are 19 so clearly this has been a nasty one we got we had a couple of reloads under view op on bmr scalping inside of the range and then a sort of a similar thing has happened as moderna like modern is holding the lower high but it hasn't really it won't break 217 in here i mean it will but it'll get like 216 8 or so so it'll go just underneath the 217 level looking like it's breaching and then head back higher so we're able to get a little bit of an out there but i think it's now trying to take out the top on mrna it doesn't look like it wants to fall right through but got the lower high it's kind of like what it did before but at least it was off of the lower high so we'll see if it doesn't break it's just above the 218 then we're still in it but i do believe i heard that we're going to the desk this time it's sia okay with an update [01:11:03] Speaker 6: i'm gonna fix that there i hope that's okay now the spy is currently up 19 000 foot percent we're gonna take a look here at what's changed since earlier in the day and as we close uh get towards the close off the trading day electric tech electric tech right here off the bat nvidia and apple with cisco from earlier in the day flat right now broadcom amd and intc towards the upside a little bit mu continuing to slide towards the downside tech services you've google the same as nvidia and apple willers meta has furthered its gains it's up three percent at the moment and over microsoft up close to a percent as well oracle up four and a half percent and over now palo palo alto palantir uh bit towards the downside whereas netflix and crowd strike essential all are flat on the day as well as adobe over here now in finance what like i've been saying banks reported today four of them we have two more coming tomorrow brkb visa mastercard uh i would say rallying a little bit right now jpm is flat and has been flat for a little bit uh of the day wfc is down two percent and over uh city is down four percent and over retail trade you have amazon that's flat walmart costco the same as earlier home depot up 1.2 percent and you also have low up over one and a half percent in health tech j and j is having a pretty bad days being beat up uh their earnings their net earnings plunged over 95 percent when you compare it also to the last core uh to the same quarter last year lily is also down two percent it's bringing a lot of these names down as well abbv mrk also down on the day as well produce manufacturing the same sentiment as earlier in the day but they're further their losses amet is now down almost eight percent on the day lrcx cat down three and a half percent and over as well john deer however is up two and a half percent and doing well consumer durables tesla's tesla has slithered down it's down one percent as well here now in energy minerals there is a lot of strength as has been from earlier in the day one name that was flat has now turned green the entire sector is now one of the strongest on the s p 500 consumer services utilities transportation health services bit of a mixed sentiment uh as well here and in communications you have vz team s and t like i said last week after having a pretty bad beat down uh after that elon musk news and tweet that came out they're now rallying i would say we're trying to get to that level whereas echo is down three and a half percent [01:13:32] Speaker 4: this is worse uh thank you very much there's sia we have baseball tonight you're talking about your brace there we um it's it's 81 degrees right here fahrenheit it's so nice it is like one of the best date like you're never gonna it's middle of october it's 81 degrees and that's why we were out looking at those uh salmon jumping great baseball around yesterday so yeah we have our last game i think our last game anyways uh tonight so hopefully um it's our last game and i hope the my daughter has [01:14:01] Speaker 3: girl guys tonight yeah i really hope they they did like um uh what do they call those things not a treasure hunt a scavenger scavenger hunt but i'm hoping they do the whole go out and sell the cookies on yeah if you're not doing that today when the weather's nice like it's such an absolute waste because when the weather's good people are in a good mood and then they just start yes you know the girl got cookies that's an easy sell anyways but that's when you churn through now i was telling sean i'm i'm kind of a dumbass and i didn't i didn't wear my brace over the weekend while up north with um my in-laws playing with the kids like going to hike and one of the things like my my father-in-law like well they have like a bunch of land and they got like hiking trails yeah one of the things he's a stickler about maple syrup is clearing clearing the trails so they have a bunch of walking trails so there's a tree that's falling down dead it's like clear it out so myself and my brother-in-law like every time we'd see one like we'd pick it up or we'd be snapping it so i'm i'm sitting here like a fool without my brace doing all this and of course like afterward i'm not saying anything but i was just [01:15:00] Speaker 4: like oh yeah yeah you know i feel like that stuff you don't really feel when it's happening it's after like i have i have a completely bum knee and it's like as i'm on the treadmill or whatever it feels fine and then it's like 20 minutes afterwards you're like what have i done it's like i know what i should [01:15:14] Speaker 3: be doing and i know what i shouldn't old man and it's saying uh you are a smart man that's the that's the funny thing about it like it's just i'd like to think that i take care of myself but sometimes you just get the better of yourself uh when you're in the moment especially when you start to get older it's like oh yeah i'm fine no problems but the hikes oh my goodness i love hiking up there and they got the maple trees maple syrup all right 3 15 there are a couple of things to watch out for we didn't go over it this morning because i didn't really it's like yeah whatever who cares i think in the afternoon is when you care about some of these uh potential actions now here's mdt see that 2.5 million to buy early i'm just going to show you our notes tomorrow mdt is supposed to be a big share decrease and tonight so tonight and tomorrow mdt i thought it was mostly i guess it's mostly tonight uh you're expecting 9 million shares to trade that sky d 87 million is tomorrow i don't know if sky d really comes out tens of millions of shares hopefully it's like warner brothers was but mdt it's showing by an early look it's supposed to be a big sell so in the back of my mind that number i'm not interested in unless that flips to a cell i don't care how big the buy is if it's not a cell not interested in mdt that is going to be completely meaningless because i don't want to go against the move and then eix is an early look 1.2 million cell they were the subject of the um one of those guys muddy waters right right yeah the muddy waters short report isn't it yeah the highly successful muddy waters short seller report except for if you shorted it when they reported their report so that's the temporary bottom on volume that's what a capitulation bottom looks like on eix still making moves higher my guess would be that cell imbalance that you're seeing to the extent that the shorters are still short that could be a chance for them to offset by covering some of the uh short positions so i'd expect that to prove mdt got to be a seller not interested there was just a move back in on on moderna it just does the same thing again it goes to 18 back to 17 and then keeps bouncing off that 217 level bmr is still same range uh we have it's trying to break down but you know good luck crypto breaking down when the market's trying to go higher and the underlying in this particular case is eth like eth is trying to lose vwop which should be good what i like about bmnr is it has a tendency to be weaker than the underlying so on a short day like if eth is losing vwop well the chances are bmnr is already underneath and a weaker name thank you tom lee uh for that so yeah we have about 20 30 minutes until the imbalances come through as i said i'm only really looking at two specific names and that mdt is [01:18:07] Speaker 4: the wrong direction who did um did the dodgers win or the brewers brewers are up to nothing okay [01:18:14] Speaker 3: and well you got to bet with joe actually no but that's not i'm smiling i shouldn't i shouldn't be smiling about this they are talking about benching shohei otani yeah he's hurt right he has been playing hurt a very long time they made a colossal mistake they knew he was hurt and they kept rolling him out in the regular season instead of just getting him healthy he has a huge mistake you're you know your home runs in eight k's or something like that but the the dude so he was already struggling coming back from injury wanted to pitch again and so what happens the second he tries to ramp up pitching all of a sudden he aggregates it his biceps all bad and now he can't swing a bat no i saw you have a generational hitter you're the best team in baseball just worry about pitching next year [01:18:53] Speaker 4: it's funny because the team with the lowest payroll at the beginning of the year was the cleveland guardians guardians i almost said indians again um and that's impressive that they're there and then right behind them was the white socks and then tampa's bottom five too and then and then and then tampa bay yeah they're i mean they're playing right now and then also milwaukee although a little bit of bigger payroll not the same as us or i like that brewery's team man uh yeah the bruising that should be a good that's they can make it that'd be it's such a very balanced team i want to give you guys an example here of what can go wrong if you hold something through bottom breaks right i mean and this is just look shopify if you're going to find out if i have any shares of this one because i want to sell it um but there's a nice little break to the downside right there on shopify as we get a little lower so 177.50 there's the break starting to head down so i don't think a lot of you are in it but i was just noticing because it came up on my radar again and right into here shopify we have smci we can look at netflix shaking my head smh palantir and shopify so those are all little looks and then i was just like okay why is shopify there and i didn't actually notice this you have a high rate there as brian had mentioned uh on that stock that whoopsies on the stock that i was talking about apple and palantir past highs well you get whoops get away from your lips you're getting here right now again there's an alien what's that up there uh but yeah coming back in so you got to watch out for another high of 190 or so on shopify that's just coming in that has nothing to do i just want to show that as a daily chart nothing to do with what actually i was trying to show right here but there is yeah we have a you have a key for that one it's a flat bottom break and that's right there boom right there to the downside so you know buy it buy it but it's like sometimes you say once twice thrice four times five six seven eight nine ten times uh you know eventually it's going to break it doesn't mean it always i mean you could have said that at any point it was looking like a break that's why you have your stop orders in you know and most of the time i will zoom in and have a look and you could see this is why it's not an exact science these lines because you do get like a little bit of a break a little bit of a break a little bit of a break sometimes i try to give these trades like 10 or 15 20 cents or so off of that break just to make sure that hey because look if this is the break and it happens and you give it an extra 20 cents or something from view up you're still going to be out like right around here so it's still fine you know you don't have the best out but you know you don't suffer this and it's obviously not market related the market's doing this i don't think we have shopify news but there's the breakdown on shopify and look at that big volume candle so again just kind of doing nothing doing nothing doing nothing getting volume and break so i just want to show that to you because often we'll sit here we get into positions and we show you different things but you know that's just just another example of why like and if i take this tqq train i kind of flip it the other way like if it's and i'm not going to play it all the way to up here but if you're doing that and it doesn't have to look like a straight line like shopify did but if it looks like this we're getting some of these tops then yeah man 79 coming into play again for tqqs and i would just say like if that's going to break maybe give it a couple more pennies but you want to get out just in case there is that market run right and it's even a little bit more dangerous when you're trading something that's related to a futures contract like this is because it could be market moving and the next thing you know some news hits and you're out right so there's another piece at the low of this we got another piece out right there 78.55 so we'll see if it comes back in but we're looking to get a little more short up here at 69 and giving it to 81 and then if it breaks that then we're out so that's my trade happening hopefully on the tqqs but we are getting [01:22:41] Speaker 3: closer he just said 30 minutes or so yeah 25 minutes or so when does shopify report i think for a couple minutes right i don't think it's no it should be a while okay it's bugging me i used to know exactly where on this stupid page to find [01:22:55] Speaker 4: let me report next i have it you have it go to market events it's right here so they're going to report confirmed right there the third of november so third you just go here you go call it up you go to market events uh and then the third of november so yeah well profitable yeah we got a minute here their eps going higher looking good man 33 beat 34 beat 30 so these are all in the 30s 20s good beats on eps uh for shopify again a good company in the fintech space i like the stock but i don't like that breakdown for today but we'll have a look at that well that's all sort of curious it's like well how long [01:23:29] Speaker 3: i'm still thinking if it starts a downward trend like how long do you have to wait until earnings if you're looking for a place to buy the dip there's plenty of time like if they were reporting i'm just gonna make it up if they were reporting next week you'd feel a heck of a lot different about like where there might be a plan a chance to buy said dip good company i think that's one that you want to monitor all right we're starting to get into the eyes near the highs smc is at the highs near the highs oh thank goodness very very close that was one of those stocks that was one of those stocks that like this morning like if i had been trading smci there's a 99.9 chance that i would have been short right here i was looking back at it like look at this false break of the high boom loses vwap here's the retest this candle right there oh i'm short right here if i'm looking at the stock for sure like there's no way like it's a pure vwap play uh right in there and it would have been i mean it's not that bad like you're probably short 38.90 and then you're out 39.05 or something you lose 15 pennies but i i saw that as something i wasn't looking at today and it's like that 100 will be a loser we did talk about moderna in this 215 triple top this morning see there's a flat top break out that happened on moderna we don't have a key for that like we have a key for the negative of a breakdown but we don't have a breakout key on a trading show and we can't ask fabian for it because fabian's in koala long porch chilling out now let's ask him i mean he's working no i have asked for the flat top break key which would just be the reverse of this you know you just flip the chart flat top break or you could say breakout if we want to switch it up and make it look good but as resistance potentially turns into support it's right in here if it starts bouncing off that little pivot level and i'm calling it a pivot level not the actual indicator this 215 we're gonna look to get out not thinking the view opera trace it's also 325 always think about the time horizon as well but if we start bouncing off 15 i don't want this getting anywhere near back up toward the highs like this is actually this is the second time we're in a short off the lower high in here and this time it actually worked for us and i think when you if you go counter trend on something like to me and there it goes it just yeah the bounce just got through the 50s so that'll be me getting taken out on on a trailer if you go counter trend on something then you got to make sure that you listen to the stock or your rules there are parabolic moves up what's the best example i can maybe look at cerebris cbrs it's not that this was parabolic now that's not really that parabolic what was brian saying about that maybe i'll look they'll say alibaba also i'll use the example of alibaba like there's moves like this where it's very clearly doing something out of bounds and then you short it because it's making a bigger move up it's very obviously like you see the churning upside it's behaving differently from its normal another example here so the reversions look good then there are stocks like moderna and if you're going against the trend in something which is boring to the upside my thought is always to temper your expectations as to how much you expect to win it wasn't going parabolic up when you're reverting it so why would you expect it to make a gigantic flush down now if it's going parabolic up like see in the morning parabolic up full retracement that's very different from it just stair-stepping and slowly scaling higher and i think that little bit of a change that's something i don't think vwop on these ones anymore and that's burned me where i'm thinking vwop and then all of a sudden i only it goes like a dollar 52 bucks you get it a bit then it goes back to the high you give up that profit it doesn't make sense it wasn't parabolic up take what you can get uh we'll move with only about 30 minutes to go in the day but 20 minutes still isn't balanced is hopefully that mdt's [01:27:21] Speaker 4: flip my mouth yeah we'll uh we'll see right here but we do want to tell you about global x and beta pro of course um if you are bullish or bearish in today's market they have a product for you there is more than one way to trade this by global x offers you daily levered and inverse etfs across all major indices sectors and commodities so go check it out with global x your one-stop shop whether or not it's oil gold this nasdaq s p 500 they've got it for you go check it all out right there scan that qr code let them know you came from trader tv live it's global x beta pro products beta pro.ca for all of your levered products there in in toronto right so go have that look got some canadian dollars around fire them some there and we talked about the cash you have the cash etf we talked about that being cash being a position uh as well we do have a cash only the tqs so we are we did short where we wanted to we got 69ers back in again so this time just one unit on and uh i don't know i don't know if i like it as much now but i'm going to take it market was relatively slow obviously a pull back into 60 would be nice and 55s or so would be nice and if we can break back down below 50s again would be nice we'll see if anything can be done there but just talk about um smci i if there's a little more time it's 3 30 but this is a setup for me i think the technical analysis is right here i think it's pretty good if you were to start your short in and around you know 39 30 now you know we're going to run out of time here but you could take it now if you wanted to i just if you take it now i don't know like your stop might have to run up here 39 50. i really like the fact that we stopped and neil talked about where he had been short off ewop i just think that this 50 period sorry the 50 price always pretty key like options wise 50 cents 25 cents 75 o's all key optional prices there especially zero day we talked about some zero day trading uh that's happening right now uh just be careful with smci into that area i think it's worth something if you can get a short around you know 30s or 40s to give it back up to 50 and if you do get that end of day sort of sell off smci will give it up going back down into the downside especially with the red nasdaq and this name four times red to what the nasdaq is right now so i like smci as a short i think there's something to be said there against 50 but it needs to get back and we said 50. get it um and then the short still waiting for another bid to come through here waiting at 63s instead of 65s oh you know what time it is i mean perfect time i mean coski was moving around yesterday so like if you're like neil and i and you have no idea what's going on in the asian markets i feel like this is a time you want to turn up the station i was gonna say turn up the radio but i don't think you can listen to us on the radio turn my headphones up maybe you can maybe if you have that apple home you could turn it up or alexa or something like that but right here it is oh it's his birthday yesterday that's right oh happy belated my man yeah there he is so uh happy birthday again to one you guys had cake i heard uh no we had something i [01:30:29] Speaker 5: saw sprinkles there were sprinkles on the counter well we all kind of pitched in to get donuts but i was like like what to do and i was like i'm just gonna get donuts for from behalf of everybody no [01:30:38] Speaker 4: leftovers i don't know if there's any apple fritters no i don't i can't remember that's okay i did not [01:30:42] Speaker 5: select fritters because i knew neil wasn't going to be there had neil been there i would have selected a fritter but i didn't realize i didn't think they were super widespread so as such i did [01:30:48] Speaker 3: not get any for the record that's perfectly fine there but i will eat i'll eat a day-old fritter [01:30:54] Speaker 4: i have no problem with that i have no shame yeah man you just reheat those things that's something you reheat basically any donuts basically i think one day they used to sell old doughnut like day-old donuts [01:31:04] Speaker 3: i don't know i don't know if they do that anyway okay let's let's get to one before we can [01:31:07] Speaker 5: minus we lose our minds it's time for a look at the asian markets here looks like a pretty mixed overnight session let's see what's in store for them tonight as well with one thank you dara for [01:31:20] Speaker 8: the donuts yesterday and yeah asian tech stocks pretty much tumbled as ai valuation fears as well as chinese chip competition and middle east risks hit global tech sectors and semiconductors we see south korean costs be down nearly five and a half percent suffering their steepest single day decline uh in months and uh they even were had an intraday uh five minute trading halt when they were down by 7.4 percent geez samsung down 7.4 percent sk hynix down by 10.1 percent they saw a lot of heavy foreign selling last night uh especially on supply threat fears from cxmt other main declines in south korea included that of sk square they were down by 13 percent hyundai was down by about nearly two percent and hanwa aerospace down by more than two and a half percent over in taiwan pretty much similar the thing uh dropped following overnight u.s tech slump analysts also noted a lot of panic selling driven by falling south korean tech equities taiwan semiconductor tsmc they were down by about two percent dragging the entire index down by about 400 points uh nanya tech also down by 7.4 percent while media tech was down more than 2.2 percent hon hai was down by 1.8 percent but on the upside petrochemicals stocks gained after some improved earnings from formosa group they were up by about 9.7 percent and last but not least nikkei 225 japanese markets coming in from their holiday yesterday opening down 1.82 percent concerns of course over ai capital spending rising borrowing costs as well as competition from china's cxmt weighing on on sentiment in japanese markets some of the biggest tech losses there we saw with kiosk holdings they were down by 13.3 percent softbank down by 18.5 percent tokyo electron down more than seven percent while tayo yudin down five percent and advantes down three percent a lot of red there for the tech sector in asia so keep an eye out on that for the opening later today u.s september cpi print coming in tomorrow morning that'll be a key key economic data print coming and will also affect asian markets any upside surprise that could hold the 10-year treasury yields above that of 5.2 percent right now it will put a cap on asian equity gains cost be currently at the 6 000 support level so watch if there's any stabilization funds that will come in or any domestic buyers can defend that support level especially after that huge drop last night keep an eye of course on u.s tech closing as well it will give you an idea of the volume and volatility for big names such as samsung and sk hynix and also watch u.s bank earnings we had earnings from jp morgan chase goldman sachs citigroup and wells fargo today it's going to definitely influence that of asian banking shares so watch the net interest margins as well as credit quality guidance from those names that i mentioned earlier that's all the outlook there for asian markets and be sure to join us at 11 30 a.m and [01:34:39] Speaker 5: 3 30 p.m every day one will go over the european and asian market sessions respectively back to the guys [01:34:47] Speaker 3: that's what we call him the one and only uh there he is and yeah i'll i'll cop to it we talked about sk hynix uh today wrong about that one it was a long on sk it's still down this is where percent up and down at the end of the day is sort of an irrelevant metric oftentimes the buyers were in control today on sk hynix there were some moments where you could have got it to the short side but if you were looking long you were right at the open you were right at 10 o'clock the opening range you were right in the middle of the day when we left you guys off vwap uh you're looking like you're right closing almost at the highs all of that being said you do have to still respect the fact that well some buyers coming in today doesn't do much but look at like a drop in the bucket compared to last week and a half is off 40 bucks still from the highs from the local high so it's it hasn't proven much of anything yet and i say yet you want to see some continuation like i'd be looking at i almost said view up i'd be looking at that 50 period moving average 175. even if it sustains a multi-day rally it's a clear break of the trend and i'd start thinking looking reversals if it gets a couple of strong days because sk hynix will 10 bucks no problem six seven percent day sk hynix can do that you get a couple of days like that you start getting close to this resistance which we should be looking at right we're still a little bit of bmnr but i did see some in the chat what was it space the wick on spacex is impressive yeah i think that's remember spacex tends to have decent imbalances lately we have 15 minutes to go i'm going to add that to my list of the imbalances that i'm watching just out of [01:36:23] Speaker 4: curiosity because the volume starting to ramp up but the reason why we didn't uh go too hard on the amount of shares here for these tqs first of all we had to hit the fail because we stopped out it broke 80s that looked like the top i almost put it back on like it was just one of those things where this we'd already sort of tested that level um it was good there just didn't hold the last time we had to go up 10 more cents i don't really feel like 80 was a decent level if it kept running all the way up here into 79 we might have looked at that short again but there's a stop but it came right back into where we were um and we did put on roughly it was just under one unit but we did put on uh that was two units there under one right there back into that play look i don't know what spacex wants to do and we always talked about this is like a habitual line stepper into the close so we are a little bit nervous about it i'm trading it off of this 200 period moving average i don't know if it's going to hold but i was going to give it to these kind of topics there which is just 157.25 so if it does break through we you know it'd have to basically break the high of the afternoon and if that happens now so be it i mean the market is trying to come back in a little bit which sucks because again we just got stopped out of that but we'll take some spacex right now we're flat on the trade short at 157 giving it to 157.25 so let's go 157.31s we have a half a unit on man i mean let's just see what happens 30 cents worth of risk i think it's worth it i think we get more to that downside but not much more i think our first cover would make a little bit of sense around 80. so that's kind of what we're trying to do here but i don't want to add to this if it rips up it rips up we'll get back a cup of coffee but uh on spacex my first time into this trade right now we're short 99s we're almost it [01:38:04] Speaker 3: was well it was almost today spacex didn't get traded so oh now it has been oh i i don't know i [01:38:09] Speaker 4: don't know if we did it assuming it got traded yesterday i think so probably dave uh joe i think [01:38:14] Speaker 3: was trading okay so we did get it seems to always at some point but dave with an interesting super chat um i want some clarification on this make sense of it if you can since the tenure on the 22nd of september breached five percent my swing trade system has been thrown off the tracks thought thought i was getting greedy not hedging enough but options dynamics have shifted and dug a six figure hole so i'm curious is that a series of specific swing trades that you've been doing is it one in particular that's been off the rails because it has been true if you look generally speaking at the market since we broke at that key level on the 10 year if you look at the nasdaq just in general i'm using the nasdaq again you could be talking about multiple trades here but just as a bit of a proxy since that moment it's little pullback higher low and even in this pullback we could be potentially make another higher low we breached the local highs and have been going in the other direction like not necessarily what you would have expected and i think when you look at the spy if this ever loads up it's not entirely different in that you pull back made a higher low got back into the high so it's like a little stair step up with rates doing what they're doing but i think that's sort of the issue we talk about these correlations the bond market isn't always wrong in the long term but like it's wrong plenty of times in the short term plenty like how many times do we talk about these important crosses and oh it signals this or signals that and in the moment they don't actually mean anything it's like over time it tends to be reliable to to not ignore big moves in the bond market but it's not it's not exact science and i think sometimes when you have a good system you know it doesn't work 100 of the time that's just part of it jensen huang met with french president macron okay that's nice uh [01:40:09] Speaker 4: yeah that's nice maybe they could lend the french government some money because they need it hope they had some nice uh crumpets and cup of tea that should be nice for jensen and company there from his days at working at denny's you might know something about a nice cup of coffee or potentially a nice tea as well i don't like the right um i took something out at 90 i took out 10 at 90. so you know it uh came in there the reason why is i kind of want to reload for another 10 like another 10 percent if we can get it back up here at 157 10 remember where our stop's going to be i don't know man now you're nine minutes away like i really don't want to be in this into an imbalance but you know our stop is pretty tight so maybe i didn't actually didn't even when i put this on obviously we're very aware that the imbalances are coming but i didn't actually realize eight minutes so this needs to sort of react in the next five or so minutes before we get too excited if anybody knows how to read or if there's any platform that gives you nasdaq imbalances pre mark pre 350 that'd be great uh i think td uh what's td use again uh think or swim i think i think ibkr might give you the imbalances on the new york and amex i just don't think they're really available on the nasdaq but anyways mdt trp there oh onon what is this name been doing again you know we've watched nike and their struggles and how that their struggles have been real the strong one on i i didn't really think much of it but they added uh was it thierry henry or no um forget who they had no it was uh no it was killian mbappe yeah mbappe okay so the other french yeah so congratulations there that seems to have been working out for them since then i i was kind of like well if it didn't work for nike it's not gonna work for on but there we go to the upside i think it was on right so yeah nice upside move the swiss company roger federer there with on oh boy we did a little bit okay we'll hit the silence up there we just got to fill on spacex again just came back in this time we got 87s on that dip so 15 cents look our risk is 20 right we're gonna get stopped out at 25 or whatever was it 30 breaks so we're not necessarily taking this one-to-one but we are taking a downside a little bit as we get closer and closer to the imbalances uh right there we can have a quick look we do have earnings it's it's an earnings bonanza uh these these next little while i'm just going to call it up go over to trader tv research just to show you guys how i trade with this go to ttv research you find the earnings there it is right there um so this morning we had johnson and johnson uh currently down let me see what this is currently down johnson johnson currently down 5.7 so yuck some of the banks it's kind of a mixed board there goldman sachs is red now after being up three percent jp morgan was hovering around zeros but still sitting green dpz we actually didn't look at dominoes yet uh tomorrow is interesting because not for the banks you know the banks are what they are we got them today you could see even looking early on the banks you don't know you know like whatever happens at 9 9 30 10 o'clock you know the banks will move the way they move asml that's one that we'll look at that for tomorrow morning so that's at 1 a.m so if you are interested in that one and you're up at 1 a.m i may or may not be probably not uh you'll watch out for asml uh there yeah my beds more times normally around midnight so i'm hurting because i stayed up for a stupid overtime game like yeah kidding me yeah so uh but anyways that's what's going on there okay uh asml tomorrow so that should be uh you know again a dog that wags a tail for some of those lamb research you know look at that look at you already saw amat got moaked today yeah amat is another one asml there lamb caterpillar some of those sort of industrial names we can have a quick look at those tomorrow and see how they react uh to that one but yeah asml dutch companies they're going to report early yes tomorrow what's going on joe i hope you're doing well uh all right space how are you in a tooth dude what are you doing no it's like it's super nice you can't beat him on yeah it's beautiful it's 81 degrees outside it's outside okay so spacex starting to get excited again we said that with four minutes to go there it goes man i mean we didn't really do too much uh work here other than getting stopped out at 157 30. it's actually it's going to be a hit but we'll sort of shrug it off it's not a big one there it goes man i really feel like the more spacex we trade closer to 350 the worse off it is like this is just moving around the market's not doing anything so someone's buying this name up into the clothes spacex there it goes we'll take an l on that one but i think we might be having we have one red stock today it will be spacex and it's just a trade that you just saw so a little bit of profit there and then a little bit of an out so we've now traded one two three four names so um you know we'll have to wait to see if we can find a fifth but only five minutes left we'll see oh man there's the pullback rate back in that's okay [01:44:52] Speaker 3: uh let's throw it over to neil well sometimes there's big time moves and tens of them dozens a hundred big movies in there but which one mattered the most which four is a matter of fact the market in four is our newsletter giving you the story behind the moves catch what you have missed and what's still in play tomorrow you got four stories four minutes after the close give it a read it's absolutely gorgeous weather around here you could sit on a nice bench in the sun as you uh you know forget about reading the paper just pop out the phone and read this here i think it's a great little resource in addition to our free watch list every single morning she reads note and all the information that you're able to get in you know so you you're able to check it out and again you just never want to be blind you don't want to be missing out on things i will tell you this and i said one of the first things i said to one of the other guys and we're going to get to actually well first things first you just got lower the day on bmnr i now have a trail which i'm looking at with four minutes to go why am i even talking about a trail two cents from here i'm just gonna punch out as he broke back to the upside but i'm gonna be dead real if i had been doing a better job and i had family over last night and blah blah blah this morning for whatever reason i'm for whatever reason i didn't really see this uh the bumble used that there was speculation of them buying and the deal could be announced as early as today as early as today and look at they get held this higher low so this is the speculation there could be a deal halts up consolidates the rest of the day with support at 370. all pre-market for like an hour and a half to two hours you could have had 380 on this stock then it halts because why the deal got announced you could have been sitting in this thing at 385 with a stop 15 cents lower and then you you would have just fallen you know what backwards into 590. it's one of those just preparation thing i didn't even pay it it wasn't until it was a halt and i'm like oh shoot bumble and attached on like hey did you guys look at that stock but i didn't even notice it until after the fact it's knowing sometimes the stories that are big the day before that can help you and i'm just telling you there's a real example of that this morning so that market in four is a fantastic resource let's go to the desk and then bring back back here for the imbalances yeah [01:47:16] Speaker 6: let's take a look at the money markets and crypto and send it back for the imbalances so the dollar further extended its losses after freds williams spoke a little recently and he said that he still expects one more rate hike this year at the same times he did say that he he sees no need for further increases going into in 2027 sorry so the dollar now that's the dxy is down 0.36 trading around the 102.2 level 102.2 dollars at the moment but it is after the dollar reached 102.2 0.61 on monday that's yesterday which had been the highest level of the currency scene since april 2025. now also let's take a look here at crypto nothing too uh like i said nothing too crazy going on in crypto here but bitcoin is however up one and a half percent and over now there was an exclusive interview with benzinga earlier today where reef collins the co-founder of tether uh and chairman at we five said that coinbase circle and robin hood three publicly traded companies that are worth watching as financial services are now moving into more into onto blockchain rails so just going to check levels for all these companies as well right now hood is currently up a percent you have coinbase uh that is up well it's flat on the day and cr sorry about that crcl circle that is flat at the moment as well [01:48:43] Speaker 4: all right here we go uh you can see spacex starting to go a little off right now all the way to 157.50 all the way back to 157 market doing nothing but we wait for these the imbalances so these are going to come out very very soon uh you can see spacex already kind of doing something not that it's on any kind of a news i actually don't mind the jet ctf over here we'll get those up in just a second or 45 seconds away from that we talked about now look oil's got to settle down but you know as this breaks below looking to see if we can pick something up around 24 25 i've never invested in airlines i don't necessarily think they're the greatest thing to do that with uh just too many variables into airlines right i mean geo geopolitical the u.s dollar oil prices naturally i know they have some sort of a hedging uh compound to them but 24 delta does on the jets etf yeah 33 only because of how much it's been beat up here um you know there could be some sort of a value here in this etf so pay attention uh to that if you are so inclined uh the jets etf but we are getting closer and closer let's go over to spacex look at this man i guess i was right on the short who knows uh there comes right into the downside look at that really bleeding downside now short so uh all right yeah too bad we're not in it but we're not uh what else is here amazon look at that nice move i don't see spacex on here as of yet uh but it might not be that big amazon 1 million to the sell side right there you can see down taking reindeer here 259.20 so there's it losing 40 cents the same stock is yesterday mind med i don't know what mmed is here on the mm oh shoot i thought my it is oh it's mini med mini med okay they took my med symbol oh my name was mn md i think it was anyways mini med downside their bank of america coming with their report tomorrow so we'll see what they're doing nice little upside bounce there uh but yeah that's about it man nothing else oracle oops there's broadcom with a cell broken with 600 000 that's a decent number for broadcom to sell it gains 11 million 600 000 so that's downside it's really just amazon and then i mean i know i don't have my hair but this is why i don't have any hair like we go short and then we get stopped out we we knew this was going to happen so it's like this is why we're not not overly upset but there it goes right to the downside again nothing to do with my trade i was short against this level but just to show you what's risky to be in stocks near the end of the day but um yeah there's [01:51:03] Speaker 3: spacex downside i'd be i'd be a little bit careful that mini meds the wrong way mmed oh is that one of the ones it's a float increase smp total market two million shares by and then tomorrow it's 27 million shares tomorrow so mmed uh due to a float increase is supposed to be buy side so when i see that 2.7 sell and mdt didn't even show up i think that's nothing burgers all around cifr i didn't see that in the notes i just quickly double checked so that 3.5 or 3.6 million on cifr looks like it could be a little something maybe there's a reversion trade there oh goodness that got smoked today what's up with that yeah so that's a decent mover maybe a flip on cifr at 355 with a buy imbalance that's not really at some kind of resistance if you're looking for the 355 flip trade like a buy turns into a sell ideally the it takes the buy takes it into resistance and then you're shorting it off the high and balance pairs off and then that's how you get the win i don't like it so much when it's already at the lows on the buy imbalance so see how far is going to be a nothing burger yeah unfortunately you already mentioned spacex that's a small cell maybe it gets a little bit bigger it's pretty quiet these imbalances like when amazon's the biggest big cap name here [01:52:19] Speaker 4: you know what's up big shout out to jts stack this is another banger of a show uh much appreciated the community the traders learned a lot in the last six months i mean that is great i mean we just want you guys to keep coming back and that's why we take the time to show you some of the charts we're looking at um you know what we do with the future is what we did here with spacex different things like that um trying to figure that all out right wow spacex is really thanks for that nice comment there spacex is really falling out of bed right now it's actually just breaking the low of the day potentially that low of the day i have it written down well we have 156 flat right here that's probably accurate uh looks like that was about 10 30 or so but yeah looking like it wants to break right through that level as it is downside i didn't i didn't see spacex on here uh is anything 56k 56 000 yeah so nothing uh for spacex on here that's wow rivian still can't catch a bit hey uh rivian with a cell to the downside oh there's nvidia so and oh that's nice yeah another day where i didn't look at nvidia really and video look at a and d yeah a and d is high a day right oh yeah uh so is nvidia but nvidia's low is 223 closing out at 228 with a nice bounce off your 50 period moving average maybe today was a good day to get some more nvidia shares in your life are we going back to the desk [01:53:38] Speaker 5: all right adair has something i do just want to let you guys know unfortunately apparently a series of explosions happening in kiev ukraine so keep an eye here on us so more you ukraine russia tensions but i also want to talk about our implied earnings calendar because we're going to be bringing these back as we get more earnings reports i have earnings previews for four of these six names that is two-thirds it's going to be asml blackrock fast and all and bank of america they've all already been released fast knows actually just came out they'll also be reposted before the reports so you guys can be kept aware but yeah guys uh largest expected moves here tie asml and fast and all then you've got here smaller expected moves for some of these banks and insurance plays either way you can find this on x at ttv research i've been incredibly busy on ttv research over the past couple days with all these headlines and earnings i suspect that will continue so why don't you go check us out it's free and we have lots of info for you guys every single day back to you thank you adara asml should split they're [01:54:36] Speaker 3: one you know who else we we got to start talking about uh potential splits here with amd i know you mentioned nvidia's having a good day amd twice as good one and a half percent it's at the highs it's been so strong all day long like you look at the wipeout bottom at the open oh my goodness but forget about that like getting this low okay maybe you maybe your jam was 570 vwop vwop vwop if you like the volume weighted average we had brian on today look at the bounce off vwop and then it's off to the races maybe they care maybe they don't care but once this makes another all-time high i think it makes a lot of sense 24-hour trading you know no more pdt yeah you're not hurting yourself by pricing it down so more people can participate in options like there's nothing fundamentally changed except for making a little bit a little bit easier for more people to get involved and get active uh with the name i've got to start thinking split for this they let nvidia go to what 2400 or something before splitting it so the thing is they don't i know they don't care but they do eventually at some point it gets to do you wait for it to get to a thousand like come on like it's already this one's such a rocket ship i feel like any day where we're talking about intel which this morning i mean for obvious reasons intel has been pulling back and much weaker i think rightfully so amd is stronger than intel but in the days where intel like if that's catching a bit off the bottom remember amd is kind of doing when when intel has a good day and amd tends to have a good one as well and you didn't have to worry about it being in a downward trend it's just built differently uh three minutes to go i don't know if there's anything else that we forgot to look at i see people talking about sndk we were we did look at some memory today for myself it was more sk hynix than anything else uh sndk another stock they should split what are we doing 1500 bucks whoops you don't want to see blue ocean you want to see today's session maybe you want to see blue ocean i did hey what happened here at the close out on the day but look at the look at this candle yeah was there an imbalance here i mean the market's trying to go back up yeah this is that's 20 bucks in a couple of minutes i was not expecting that i did not see an imbalance i haven't seen anything it happened right [01:56:51] Speaker 5: at 350 so it could be imbalance related but i have not seen any news yeah micron just spiked 10 bucks [01:56:59] Speaker 4: almost okay uh as well so i think the whole the whole space look if you woke up and was like wondering if it was that's okay if it was bank earnings uh day today you would be right but looking at the chart um you might be able to guess that as well upside downside flat side so we're basically flat on well we are flat on goldman sachs jp morgan i think is having a little bit of a better day i didn't look over no worst day sorry jp morgan just under flat as well 0.5 there wells fargo was the other bank that had reported and again down two and a half two and three-quarter percentage points depending on where this thing closes tomorrow we have bac of course followed by morgan stanley those are the two big ones tomorrow a couple of those prudential and whatnot uh hitting the tape there but yeah so this is an interesting look here as bac and friends um you know look to report there tomorrow they're down one percent today and look it's been pretty disgusting to the downside oh the other name was citigroup that reported today so we'll have a quick oh wow okay hello um not good for citigroup i did not realize this was happening either uh you're i don't even think i don't even think those wicks are real so yeah citigroup definitely we only have less than two minutes left but citigroup getting in trouble now breaching the 200 period moving average yeah that's not good i should know this but goldman sachs is the same situation near that 200 right yeah they've already breached it so um yeah citigroup has been performing really well that might be the one buy down there at that 200 period for citigroup so not a great overall day if you are a little bit more conservative in your bank holdings and you're in the xlf yeah you're having a pretty flat day down 0.37 so we'll see if tomorrow's little earnings plays kick out anything in the xlf or or what but yeah citigroup right now down six percent that's probably the buy of the day maybe i like citigroup but j and j on some of [01:58:46] Speaker 3: these dips i think the interesting thing tomorrow might be if we already saw goldman have a good quarter so the the shock would be if morgan stanley didn't right like that would be the surprise if goldman does well and morgan didn't that would be uh pretty heavy down i would think a heavy down day for morgan stanley i don't know what it would mean for goldman sachs maybe some people would still like them but you know that's worth that's worth bearing out they are down going into the print but it was on a strong beat jp morgan didn't beat but morgan stanley you know you'd expect them to follow goldman sachs be interesting to see if they don't oh we do have a super chat very quickly okay then um 30 seconds to go to the close i'm not on the page can we throw that up there if not i'll just do it this way david the sad swing trade took bac asml down morgan stanley up i'm with you i like morgan stanley i'm long that stock uh took ms 195 and of course end of the month call so even if it doesn't go the right way you've bought yourself some time on morgan stanley pass that three-day rule as we close it up to begin well sorry not to begin the week it's tuesday yep it's over with now i was off but the week started yesterday neil uh on a tuesday here we'll end it off with the market i know i said i've hit that market green key because we're closing at the highs not because we're actually [02:00:02] Speaker 4: having an update technically in the market yeah and part of that's the banks right the banks will hit the s p and the nasdaq just a little bit there uh s p just finishing uh red i mean almost got green there i think it was yeah it was green at one point they're falling back in just in the last half hour or so uh there it's actually the even the last 20 minutes but yeah thanks for the good show there it is first oh sorry easy peasy first two negative days in a row sndk options well i mean we saw the way sndk was moving there at the end of the day i don't know if it helped you or not but get a little bit of a bonus move up there at the end of the day on sndk so i assuming if it's two red days that yeah you're probably holding along somewhere but sndk uh all these names getting hit to the downside all right it's been a good day we don't have any earnings after market really uh smaller names nothing to talk about tomorrow's a big one asml the banks are back as well uh we should all be back here including the egg fridge it hasn't gone anywhere it's still there so uh what's up to tiffany thank you so much jessica today see us around somewhere uh fabian's over there uh fabian's over over yeah he's not over there uh what's up to one who's over there uh andre's over there thank god he's over there yes brendan's somewhere over there if you want joe's right here so joe doesn't go anywhere he's guarding the fridge he's guarding the fridge right there we're going to enjoy it man we got to get to our baseball game we'll see people at christie pitts there at some point tonight our last weather maybe our last night's day i hope your daughter gets out there when i hope so man doing her um uh girl guides can't get cooped up on gorgeous days in the fall no no it's a little wet out but i think it'll be fine the sun's been blasting all day thank you adara as well but all right that's a good show we want to thank everybody for watching you know good thanks for the bills winning last night i mean that's probably a good one there uh for buffalo fans although oh they got rid of that kicker so he's gone now st louis guy missed two or three field goals there bro that's a shame that is a shame i don't know what that guy was doing anyway that guy does not form doesn't look right no he's a shaky kicker there's a million there's a million great kickers out there is there i think it's hard i think it's kind of tough to find a good kicker these days you'd be some there's a [02:02:07] Speaker 3: lot of impressive kickers in college whether or not they're transfers there's only one there's tons crazy legs you should see the legs i watched college football some of these kids have crazy legs [02:02:16] Speaker 4: maybe it's the pressure once they green bay the only team that drafted a kicker last year i think we got him in like the sixth or seventh round trey smack smacking off the goal post that's a great name yeah but the guy missed two this last weekend but he's been perfect up until then yeah let's get out of here we're back at 8 a.m tomorrow thank you for joining us today just make sure you join us tomorrow ciao