Red Wave on CPI 🚨 Lighting Round Coverage on Top Stocks

[00:00:00] Josh: All right everybody, today is a bloody day on Wall Street. The market is significantly pulling back on a hot CPI. The next data is going to be the PPI tomorrow. I'm going to go through a handful of stocks that are falling. There is blood in the street and I actually think this is an opportunity to buy some of these. I think that this is the liquidity needed for Wall Street to enter into some positions is actually what this is all about. I don't believe that this is the exact moment that we go south, but I don't know that. We're going to go through, I'm going to look at some charts with you guys. We're going to talk about companies like AVGO. We're going to be talking about Bitcoin. We're going to be talking about SoFi, McDonald's, Micron of course, Netflix, Oracle, Nike, some great companies that are doing some interesting things. Welcome to Wall Street. This is the Stocks with Josh show. I've got my man who's going to join me, Kiwimo. Some people know him as Kiwimo. Some know him as Christmas in July, the distinguished, the honored tribal trades, Mark. [00:01:16] Mark: Hey, great to be here, Josh. Thanks for having me on. Good afternoon, everybody, wherever you are in the world. I hope you're having a great day. [00:01:26] Josh: Yes, yes. Today's actually was a great day, and I'm going to tell you why. First of all, I knew that it was getting kind of choppy out there. I observed the increasing volatility, the rise of the VIX, and what that began to do is give us a lot of stock swings. Over the last couple live trade sessions, we had a lot of calls with some big wins. However, there were some positions that we tried that we ended up getting stopped out of. And I said, going into today's live trade session, right at the open, I said, no losers, only winners today. In my opinion, it was like Babe Ruth, Ruth pointing to the outfield and hitting a home run. I then followed up on. I then followed up and gave three winning trades. And after they all worked out, I said, it's time for me to pump my brakes. I didn't want to overstay my welcome, and I didn't want to overtrade in these extremely volatile markets, attempting on pullbacks to guess the reversal, attempting on pumps to, you know, guess when it's going to fall. So we made our money, we got out. Now it's actually been a pretty good day if you went short on these markets because they're red across the board. As I said, there's blood in the streets. I want to do some rapid fire technicals on some companies that I think are interesting right now. I wanted to include Mark in it, and we're going to start the conversation off by talking about Bitcoin. Now, some of you have to see the blood before you believe there's a problem. In my last video last week, I told you guys that I was shorting Bitcoin at $87,000 right at the top, and I got more negative comments than I normally get. Quite a few people said, Josh, that's a big mistake. This thing is getting ready to take it off like a rocket. In my opinion, the top had been tested. We were lingering there, and all that was left was to make a new pivot low. Now, it could be a higher low. It likely will be a higher low. It won't likely be a lower low. But in my opinion, we had to retreat. And I made financial decisions based on that. I'm going to take a minute and get Mark's opinion. I have a feeling Mark is slightly more bullish than me, so maybe you'll love what he has to say. Right now, my short on Bitcoin is making me a happy fellow. Mark, what are your thoughts on Bitcoin right now? What are you expecting over the next couple of days? [00:04:15] Mark: Well, I'm long term bullish still because the structure is still there. [00:04:21] Josh: Oh, no. We've got Mark freezing up on me. As a side note, Mark told me that he was having Starlink installed today because he wanted to make sure that he had the right internet. And, uh, hopefully we're not just sitting back here and having a, uh, here we go. Here he's coming back on. All right. We'll wait for Mark to come back. I'm not going to waste any time. We're going to go look at the Bitcoin chart real quick. And I'm going to give you, there you go, Mark, you get, while I'm pulling Bitcoin up, what are your, what are your thoughts? All right. He's going to keep doing that frozen thing. And I'm going to show you some important technical. So we lost Mark. He's going to come back on. And let me see if we've got a good connection. Mark, you're on. Go ahead and give me your thoughts before you freeze up again. [00:05:22] Mark: Well, 82, 833, which is the Fibonacci level. I have a break. [00:05:29] Josh: All right. That's going to be about all of that. Wait, there he goes. [00:05:34] Mark: This is why I need the Starlink, Josh. I understand, brother. I understand. This is why I buy SpaceX. [00:05:44] Josh: All right. Give us those gems real quick before you freeze up again. [00:05:47] Mark: Yeah. So, so I do see a technical target down to about that 77 K level. And, but if we regain 82,833 is the key level for me, if we can get back above there, I'll flip back bullish. However, if we can't get back above there, if we close there today or the next few days, consecutive daily candles, I do see us coming back to retest that 77, 78. And remember the 50 week moving average sitting at, I think, 76 K right now. That's your bull market line in the sand. Now I was, we did discuss earlier, Josh, just briefly, you and I were on a call about how in 2020, that's when the 50 week moving average last got breached during a bull run. So, look, if the stock market was to really continue its sell off and Bitcoin was to drop, we could have a situation where we do lose the 50 week moving average for a short period of time, like we did during the 2020 crash there. However, I don't expect that the low of 57 K will be breached, the low that we made in July. I just think there's been too many bullish structures and signs that have happened there, but I'm not discounting. I'm with you there. I think we could go lower, but it doesn't necessarily mean we make a lower low. As always, we need to trade the trend. The trend is your friend until the end, and you are spot on. At the end of the day, you know, haters gonna hate. Winners just congratulate. And at the end of the day, you know, if the trend starts to move down, you take a short, you make money. When? Until it stops going down. When it pivots and starts going the other way up, you get back in again. That's called trading. You know, you don't have to be married to a trend for the rest of your life. You've got to understand that trends will end and you should end with it. And then you should flip your bias from long to short. And when the short finish is playing out, I'm sure Josh, not sure, 100% no, he's gonna close it out in a beautiful tidy profit. Okay. And he's going to flip long as the trend shifts and pivots back to going long because nothing ever goes straight up and nothing ever goes straight down. [00:08:08] Josh: Well, that's a good point, Mark. Let me pitch my game plan to you. You and I are friends, but I haven't talked with you specifically about it. Talk me in or out of it. If you think I'm making a mistake, tell me. Let me take you guys into the chart and I'm going to show you exactly what I did and what I'm planning on Bitcoin. Let me just make sure that my screen makes sense here. That's as good as it can get. Okay. So last, I told you guys this just the other day when we were sitting right here. I said, I took a short on this. Okay. And I, I've made it very clear that I think we'll come back and at bare minimum test 75 K. Okay. So my intention was right here around 86,000, take it down to 75,000. I also highlighted something that I've been personally tracking that matters to me, which is the death cross and the golden cross. That's the yellow and red line on the chart. Now you can see that when price is under the red line, we're essentially in the bear market. Okay. Now we had a lot of time. Now we did have this big, big move where we got above the red line. And that's something you want to pay attention to when we had the death cross, which is represented by that yellow plus sign. That's when the winter was officially begun. Now we're looking for that exact same pattern to appear here. We want to see a golden cross, right? We don't have that yet. And the winter's not over until we get the golden cross. Now, if we get the golden cross, then in my mind, it's not, you can never say anything is a hundred percent. But if we get that golden cross, then it means that this was definitively the low. Okay. I also mentioned that even after getting the golden cross, this will go sideways and it'll test that red line repeatedly. This could consolidate for the next three months around 75,000. Nobody, I don't think a lot of people believe it. Now I'm taking this short. I can't lose money because I've got my stop loss in. I'm taking this short down to this right now. If, even if I get to 77, five, I'm winning, I'm going to likely take profit either early at 77, five, or I'm going to hold it all the way to 75. But no matter what, this, this was a winning trade that you were all given last week on Bitcoin. Now we don't have the golden cross. Uh, now I'm going to show this to you because I showed this in that same video. All right. And my thought process is that we actually going to come down into this zone somewhere between 77 and 75. And instead of going lower, we're going to go higher. The reason being is the market wants to take out more, more bulls. So we're going to push back up and even make another higher high. And technically we will have made at that point a higher low. So it's sucking in a lot of bulls. Then the market is going to have one big massive pullback that could take us into the 68 K range. Okay. And you say, but Josh, you've got your, your indicator seems to indicate that you think that we'll go below 68. No, I don't know or believe that we will go below 68. I do think it's possible that we could hit 68 and consolidate there before going higher after. So after we've hit 90, there is a possibility when we're down on these lows that we could get the right news story that could trigger a flash down a little bit lower. And the reason why I threw this in here, Mark, and I just want you to hear my whole thing is because at no time in this entire winter, have I been afraid to buy Bitcoin. There just hasn't been any major threat. I've never been afraid. I've every purchase I made, even down in this level, I was super excited about and counting my future wealth. And that if we don't get fearful at any point in this entire winter, then it's not, it's not a crypto winter, my, my brother. And so I thought if we do pull back here to 77, 75, run up to 90, we'll get billions of dollars. We'll pile back in because that'll be a really nice setup. Matter of fact, people will be talking about inverse head and shoulders patterns and everything under the sun. If we then pull back to 68 and then we have another pullback that makes a lower low, everyone's going to be calling for 48. And as soon as they start calling for 48, that's when the winter is officially over and it's on to the upward run. Now that's a lot to take in, but why don't you give me your thoughts on that? [00:13:38] Mark: Yeah, I'm with you until probably the, the, you know, the drop. And I'll say this, you know, 82,800 Fibonacci. That's my line. I think if we get back above that, we can invalidate any drop down to 77 K. So I'm with you down to that 76 K 77 K. That's where the 50 week moving averages as long as we stay below 82,800. But if we get back above there, I think we're going higher. And I think this will be a dip buying opportunity here. And I do think we'll eventually have a pullback, but I'm not seeing us go below the 50 week moving average without a black swan kind of event. And we might be starting to see one in the stock market. Of course, you know, I shared in yesterday's video, how never in the history of the stock market had there ever been such a wide divergence between the S, the SPY, SPY and the RSP, which is also the SPY, but it's the equally weighted SPY. It's was at 0.67. The worst that had ever gotten to was in the dot com crash, which was 0.85, 0.8. [00:14:55] Josh: Mark, I want you to slow down and introduce the topic to the guys that are in the Amazon truck dropping off a box. They were trying to gather, they had two boxes in their hand and they were taking a step off the truck and they got you in their earpiece. And they're like, what did he say? [00:15:16] Mark: So the RSP, a tradable ETF is the SPY, but it's equally weighted market cap. It's equal to every single one. I think I'm going to have frozen here again. No, you're good. Okay. Starlink, where are you? Equally weighted RSP. So with the SPY is... [00:15:46] Josh: All right. Not a problem. We're going to keep rolling. [00:15:49] Mark: That's not the case. For example... And maybe you want to bring up the RSP chart, Josh, there, just to show people the difference between the RSP and the SPY. And bring them side by side. People will see the massive divergence there. And that will just clearly illustrate my point. So what you have is you have 10 stocks, mega caps, that have been carrying the S&P 500. You have bearish divergence on the weekly timeframe, double bearish divergence, in fact, on the weekly timeframe for the SPY. And so I had to switch my attention from the SPY to the RSP chart to actually get a proper read on the SPY and to see that it had actually broken down. And the SPY and that will call bearish divergence. And you can see the RSP is really the majority of the stock market has been hitting the last week or two or three there. So I do think if we get a large correction on the RSP, which is the equally weighted SPY again for the Amazon truck drivers out there listening in. Thank you for all you do. I'm bringing them in my packages on time. And if you notice that when you have a bearish death cross on the weekly timeframe, which it will have as if it cannot reclaim 214, every time that's happened, a major correction, double digit of the last one was, you know, 20% and time before was 14%. The time before that was 24%. And if we can't reclaim 214, then that's the kind of drop. And when you see that so many stocks are so heavily down, what that's going to mean is the mega caps that have been holding the SPY up. And I hope that news at the moment, because the chart has become so detached from until today. Of course, we finally saw it begin to break down. It became so detached. And if people start panic selling those, then we're going to see a kind of an April 2025 dip or, you know, or larger, in my opinion. So what I'm hoping is that this dip gets bought up over the next few days or next week and that the divergence between the SPY and the RSP actually starts to close. Which it did start to today, by the way, because the SPY dropped heavily and the RSP didn't drop by much. So that was a good sign. And I want to give both the bear case and the bull case there for everybody out there. So that bringing this all back to Bitcoin, I can see it breaking down below the 50 week moving average. If we see an April 2025 style drop from the end of January, early February down to April for a couple of months. And we just saw that incredible buying opportunity. But either way, Josh, it's going to lead to an incredible buying opportunity if that does happen. We just I do agree with you. [00:19:15] Josh: I do agree with you. If it's OK, I want to push through and make sure I get some stocks covered today because this is valuable. It's gold. And, you know, it's the type of thing you guys want to join us in the Stocks with Josh community. These types of conversations, other coaching and teaching is just I tell you, it's rich. I love it. I love the community. Mark is a he's a crown trader in the Stocks with Josh community. He also has his own community, but he is a crown trader there. He drops a lot of gems and provides a lot of feedback to people trying to learn crypto. Let me just comment real quick to be very clear so that you guys don't forget. I am in a short on Bitcoin from around 86 to 87. I took positions in that range down to my earliest take profit will be 77. I may just put a stop loss right above 77 and see if it could tag 75. But this is from 87 to 77. That's my specific play. After we vacillate around that that 77 to 75 potentially, maybe it never goes to 75. I then believe we're going to have a run up to 90 where I will short again. Now, this is that's a tentative plan. If it never runs back up, well, then that's off the table. If when it comes down to 77, I'll take my profit and you'll have to wait for another video for another update on what I'm doing with Bitcoin. Let me talk to you guys about Nike. Now, this is one I don't believe in the company. I don't I don't I'm not convinced it's a turnaround. Tim, you know, cook from Apple bought some he bought it much higher than I did in the community. I told everybody that this was going to that the best buy spot on this chart was going to be $32. I had a little bit I told them I was going to buy down more when it hit $32 and that was the almost within 10 cents the exact local bottom. Now, I want to highlight something to you. If you say I'm not going to buy Nike, Josh, don't even worry about it. I'm going to try to teach about something in the charts. Nike, this is a red day. Okay, go look at some of your favorite AI plays. And the Nike chart is green. And as the market's selling off, Nike's climbing. Why is that happening? It's happening because people that have shorted Nike as it came down to a brand new all time low to lock in the profits. They've got to close their position. So they were waiting for a liquidity event like this. A big, big red day where lots of people would panic sell and be fearful so that they could close their shorts. To close their shorts, they have to buy the stock back that they borrowed. That's how they close a short and that causes pressure to the upside. So Nike found a bottom about a week ago and now it's climbing and it's likely going to continue to climb. Now I'm in heavy, heavy profit. I just want to highlight it to you guys and show you the chart. And I'm not recommending Nike as a long-term investment. They have not in any way proven to me that it's a turnaround story, but it's a great swing trade. Look at that bounce. Look at that bounce mark off of 32. I gave that in the stocks with Josh Discord. I said, perfect buy spot, 32. And I gave it when we were up here. We've since bounced, climbed. Today, the whole market's under a ton of pressure. I'm looking at weekly candles, but you can see that we're still green for the day or still green for the week. And in my opinion, if we end up opening next, opening up next week above 35, then we're going to head up to 37 to 38. And this is going to be, again, one of the most profitable recent swing trades I've had. I want to point out that we have a double bottom in momentum here. So, you know, there's room for this to come higher. There's room for this to come up. Even if all it did was come up to the bottom of this descending structure, as soon as it hits that spot, I might sell a little bit. But for now, I'm holding my Nike. Any thoughts on Nike, Mark? [00:23:42] Mark: Yeah, I affectionately term these rallies the most hated rallies for the exact reason, because people end up selling the bottom only to see it or selling near the bottom only to see it reversed because nothing goes down forever. And if you're patient enough and you watch the charts and you don't FOMO in, you can trade these bounces and they can be extremely profitable. And I agree with what you're saying. It's shown no indication that it's going to be a turnaround stock at all. But whenever a stock gets so extended either to the upside or so extended either to the upside, these bounces can be incredibly profitable. [00:24:25] Josh: The risk is on the bears. If you stay in a position too long as a bull or a bear, you transform into a hog. On Wall Street, the blood comes from the hogs getting slaughtered. Let me let me take you into Walmart. This is another stock that I gave you guys. Now go back and watch Monday's video because there's two things I told you in Monday about Walmart. I said we will run up to 115 and I said if you get two red candles that come back and tap this red moving average, it's going to be the best opportunity for you to buy Walmart. Go back and watch Monday's video. Mark, appreciate these technicals. So on Monday, right here, I told everybody, if we get two red candles this week and we tap this red MA, that's going to be another opportunity to get into Walmart. I told everybody buy Walmart on the last day of September for big profits in October. Now let's go back here. This right here is the candle that represents the last day in September. Go back and watch my video that I made about four days before the end of September. And I said, you're going to see big tech is going to pump. You're going to see value stocks are going to drop all the way up to the end of September. And I said, that's going to be your best opportunity to buy these value stocks for profits in October. And on that Monday video made this week, I said, if you get two red days and we tap this red line, I said, get ready, it's going to rip. And here we are $115 and 80 cents. Now I'll just teach one thing and we're going to be creep. We're going to keep cranking. I think that all these value stocks are going to continue to work. Okay. Costco, Walmart, McDonald's, Pepsi. I'm going to go over some of these charts here in a minute, but I want to remind you about this pattern structure here. This is called a checkmate. If, if we clear this top candle. All right. So what you, what you're looking for when you have a big drop like this, they're typically followed by consolidation. Then you want it to come up above and bounce on this structure. And that's called a checkmate. Okay. That's called a checkmate. And it, it really is looking a little bit textbook to me now. Now I knew when we were here that we had plenty of time left in October to get right here. Okay. So we're going to call this, you know, one and done. It's a win. I want to highlight another stock that has done the, I wouldn't say the opposite of what I predicted. I would say that I'm bullish on and I expressed to the community that I was bullish on it. But ever since then it's pulled back, but I think it's becoming even more attractive. And I, I'm going to believe, I personally believe right now that it's going to be one of my best 2027 wins. And this is one, the title of this video is there's blood in the street. Okay. And this is the stock I wanted to bring to your guys' attention that I'm buying today. A V G O. Broadcom. Let me just take a minute before, while I'm queuing up the chart, Mark, will you give me any thoughts on Broadcom? [00:28:17] Mark: Yeah, no, I'm bullish on Broadcom as well. And the last time you did a video on it, I think you were telling people to buy around 343. So I did. And then it run up a ton and I made a ton of profit on that. And I think it's back to that area, or last I checked, which was about an hour or so ago, it was around that area again. So I was keeping an eye on it, but I agree with you. I'm very bullish on a V G O. And I think it's, um, you know, it, it, I, I didn't go wrong. Last time I bought it at three 43. So I'm keeping an eye on that area for sure. Yeah. [00:28:56] Josh: I, I'm not going to tell you guys what to do with your, your hard earned money. I'm just going to share with the chart says to me, I like the company. I'm very well. You know, I've got friends who work in positions in Broadcom for long time, many years. I get, I get some perspective on the company, not insider information. I don't get insider information at all. Okay. None, but this is a good company and they're doing very, very good. Very, very well. Okay. And I'm just going to show you, you know, we, we were up at around 370 and I, and I, I brought it to everybody's attention and I said, I'm looking at leaps and I'm starting my position. And I said, this might pull back and test the structure and I will be buying it there. Now it's pulled back more than I thought it would or more, you know, more than I'd hoped. However, I am not in any way deterred from long-term investing in AVGO. Let me show you that chart and give you some perspective. And Mark, I'd love for you to, to, uh, you know, check out what I'm sharing here. Yeah. Okay. You know, in my opinion, and I, again, you know, just my opinion, I believe we're going to be at 520 in now, unless the entire market rolls over and you know, the AI bubbles officially popped, which I don't believe at all. I think we're just getting some very healthy, uh, you know, mild correction at the moment, but this is, this has run up. We've had past periods of consolidation. We made another leg up. We've been consolidating here for a little while. We've been making a series of, of higher, higher highs and higher lows in this particular area, but principally, let me go to the weekly chart and I'm just going to show you the RSI. And I mentioned this in today's live trading. There's no time in the history of AVGO where this has come down and hit the 40 RSI that it wasn't an absolutely incredible time to invest in AVGO. And I went through this in the, in the live trade this morning, and I'm just going to quickly, quickly repeat when this was down here at 40, it went from 43 to 50, kind of a small move, right? It came down one more time, made a double bottom. It went from 40, well, all the way up to 87. So it, it went up a hundred percent in the course of, of the following year. All right. And again, we had it here, you know, good quality companies that, you know, cannot be duplicated easily. When they hit the 40 RSI on the weekly timeframe, they always are providing an excellent investment opportunity. So here we hit it again, right here in 2025. Just a couple long candles underneath the red moving average. And we went from 135 all the way up to 408. What an incredible run. Okay. We came back and we barely got close to it with this last pullback here. Okay. We didn't even hit 40 and we went from 289, 289 up to 493, almost a $200 move in two months. So we are making a, we have a little bit of an ascending line of support here. Let me just draw it out. Okay. And this, we are not at 40, but I believe that this is when you want to be paying attention in this zone. This is where we want to be considering positions on AVGO because every other opportunity has led to the stock moving up either a hundred percent or over a hundred dollars. And so, you know, same thing with the, with the MACD, we have the blue line comes back, it skirts the zero line, but then it turns around and crosses up, comes back, skirts the zero line, comes back and crosses up. Here we are in the middle of our skirt of the zero line. All that's left is for this to reverse and come back and move back up. Now, having said all that, I made mention to my community. Let's pull my face up too. Having said all that, I made mention to my community that I have around $12,000 in leaps in this right now. I got to go look. And then I'm going to probably buy if I have, I probably won't have time. But I may have to do it tomorrow morning. I may, I'm going to double that with this bearishness that we've got today. I'm going to continue to add to those leaps until I get to a right around 10. This is, I could put a lot of money in this. I could drop, you know, six figures in this, but I am, this is what I'm doing with my money. I am bullish on AVGO, but it's not, it's not going to be the biggest position in my portfolio. It's going to be, I'm building that position right now. Whether it gets up to 80,000, possibly it might in leaps. But right now I'm at 10%. I'm going to add another 10% of my overall position tomorrow morning, perhaps. I like this stock. Mike, any other final thoughts on AVGO? Yeah. [00:34:47] Mark: I mean, this zone that we're talking about at the moment in the 340s, it touched it on the 3rd of September, 16th of September, 1st of October, and now coming in again here. Each time that I bought in those zones was extremely profitable. And I don't know which of the, those dates you did the. [00:35:13] Josh: Oh no, Mark's freezing on us. We're going to stay the course while Mike's. Mark's possibly. All right, let's talk a little bit. I think you heard from Mark. He more or less said that he's bought in this range before and profited in this range before. So, um, I'm looking long-term on AVGO and I'm accumulating. I'm not in my full position, but I'm ready to buy some right now. I'm being held back by making this video. Um, I want to talk about a stock that I'm interested in that a lot of you guys, uh, have, uh, played and it's SOFI, S-O-F-I. And, um, this I've, I've given you the playbook on SOFI. In my community and on YouTube, we've talked about how this $16 range is the new $6 range that if you've been around for a while and you've traded since 2021, 2022, that's where SOFI lived. It lived around eight to nine down to $4. And the medium of the range was right around $6. And I said, if you consistently accumulate under $16, we're going to see SOFI eventually break out of this range. It's going to take a while, but we're going to, it's going to run up back to 35 to $45. That is a guess. And it's an, it's an optimistic outlook on the company. But if you go look at the, and you research SOFI, these guys absolutely, uh, they're a superior banking company. These, these guys are the biggest tech company in banking. Uh, and if there's going to be big changes to the dinosaur legacy companies, it's going to be brought by SOFI. Let me pull Mark back, back in. There you are, Mark. I appreciate you hanging with me, brother. Okay. So let me take a minute. Now this again, SOFI is one that I'm, I'm, I'm buying right now on this dip. Okay. And I think it's a special dip. And the last time when we were trading SOFI back in the day, there was an occasional period in time in which it would fall apart. And it came to all the way down to $4. That's what's happening right now. It's the new range, 19 to 14. And we're much closer to 14. So this is one that for me is ideal for investing or swing trading right now. And it's one of the reasons why I wanted to get this video out today. Mark, you there? I'm, I'm here. I'm back. I don't know after how long, but we're hanging in there with you, Josh. [00:38:08] Mark: Thank you. [00:38:09] Josh: Thank you. I appreciate you, Mark. I was just, we're moving on to SOFI. I love SOFI on this dip. I think it's a special buying opportunity. 14 is perfect. Perfect for me to put some money down. And I think we're going to see it back up to $19. Okay. So, you know, hot buy alert on SOFI. When everyone else is running and panicking and there's blood in the street. That's when it's time for me to make risk decisions. I caught SOFI all three times successfully. All the receipts are in the discord. And how, why was it that complicated? Because I understood, I charted this for the community, Mark. I showed them fib on this fib range. I told them that we're going to be between 15 and 19. We're going to be, we're going to be vacillating in that range for possibly two years. And I said, every time it comes under 15, we're going to buy and we're going to run it up to 18, $19. And it's worked three times today. It's time to do it again. Now this one, I, this one's come down even harder. This one hit 14. But to me, that's even a better opportunity. Cause I think we're still going to potentially run up to $19. Any thoughts on SOFI, Mark? And real quick, Mark, even though we're friends, if you don't agree with me, if you think there's another fundamental story that needs to be brought forward, I want you to just burn, burn my technical house down. Don't, don't be nice, brother. Let's go. [00:39:50] Speaker ?: Yeah. [00:39:51] Mark: I think just from a, when you look at SOFI and if you had money in SOFI compared to a BE in the last six months or so, you know, where would you have made money? You would have made nothing in SOFI. So I'm not a fan of SOFI. I think they diluted too many times. I think they haven't proven themselves to be a strong enough horse in this race. And I want to have my money on the fastest horses and the fastest moving car. Now look, listen, every dog is going to have their day, you know, Netflix being dumping, McDonald's, Nike, SOFI, eventually they're going to bounce. And if you catch the bounce, you can be profitable, but that's all it would be for me. If I was to trade SOFI, I would strictly be trading the bounce because I just think it hasn't proven to be strong enough to hang with the big boys. And I think having my capital allocated elsewhere would give me a bigger and better chance of return. But you're always going to see, like I said, nothing goes down forever. Eventually something, you know, there'll be, there'll be some kind of a bounce, but it's not a, it's not a play for me for that reason. But it can be a trade, it can be a bounce. As long as you don't try and catch a falling knife, wait for it to finish dropping, get in on a bounce. You, I think you can make some good money, but it's not, it wouldn't be a long term play for me at the moment. I'd need to see something fundamentally changed in SOFI and their business model and in the overall chart structure. I mean, imagine if you, you got money locked up in SOFI and you're watching MU and others just run off and have these glorious runs and you're stuck with the, with the racehorses barely making it over the finish line. So, um, on a bounce. Yes. But for long-term, not right now. [00:41:43] Josh: I actually completely agree with Mark because my view of SOFI is that it could remain in this lower level of consolidation for another one to two years. I'm not expecting SOFI to break the range until late 2027. Having said that, 14 is the number, brother. It's the number, brother. 14 is the bounce city. That's the bounce zone. We're over here at the SOFI camp and there's big old bounce signs going. Woo. I'm ready to take it higher. But that's what I'm doing with my money. Nothing I say is a suggestion for you to buy, sell or hold. Let me give you another dog that I like right now. And I've got 2000 shares in it. And that's Netflix. I've got an average buy price of around $69 and 5 cents. And it's acting exactly like Nike in that it bottomed, not this week, but last week. And it was struggling going down, not this week, last week. This is the liquidity event that's allowing Wall Street to close up their shorts. And Wall Street knew this was coming. And what they're doing is they're closing up their shorts, which means we're operating off of green candles when the rest of the market is red. And then they're going to wait and see what happens with earnings, which is around the corner. Okay. So let me show you the Netflix chart because I think it's interesting. And then we'll get Mark's opinion. He's probably, I don't know what Mark's going to say. I'm not going to, I'm not going to guess. He's, we'll find out. Okay. The story that I see, like I said, my average price is right here, right here. So I'm up. We've had a rough day and we're holding this important $70 and 50 cent range. If we finish this week above this level, it's another confirmation that we're going to go up to 73.30. And to be honest with you, by the time we get to 73.30, there's a lot. There's about, I don't know, five or six K that I will have made by then. And I may take profit. I don't know. I want to highlight the RSI because I talk about it as far as a, um, you know, a gauge for understanding, you know, what is happening from a momentum perspective. And even though we've made a lower low here, we actually have made a higher low on with momentum. We are also holding structural momentum support for the time being. If we were to lose this seven 50, we probably would lose this structural support. And the story would turn bearish. I, because I'm up and I bought and collectively, I bought a sum up here. I bought some down here. My average price is 69. My stop loss is right under 69 at 68.90. If I get stopped out, I will have tied up. What is that? About 130 K for the last two weeks. I will have made no money. If, if I sell now, I'm, I'm basically cutting the trade too soon. I'm, if we do well with earnings, we're coming up here to 73.30. It's going to be a huge success. I love the fact that we're holding momentum. I'm just going to show you one more thing. Okay. Do you see my two? I'm a patterns guy. That's why I'm good. That's why I am a chart guy, but look at this pattern, Mark. Tell me what you think about it. So we've got support here. The next time we came back and bounced off of this top line. After that, we broke that top line. Next time we bounced off that line. After that, we broke that line. Okay. Okay. So right now we came back and we've, we've bounced off of this line. One more time. Every single time we bounced off this line, we made some pretty serious headway. Pretty serious headway. This time, not so much. This time a ton. So no matter what, every time we came back to the structural level that we're at right now, it's been a very, very good trade position. So that's why I'm in this. It's holding momentum support. This is, this is an area where it's always reversed. And it hasn't even begun to move. If this candle goes green by Friday, I'm going to feel very good about my position and probably not look to sell at 73.30, probably look to sell closer to 76.85. What are your thoughts on Netflix? [00:46:50] Speaker ?: Yeah. [00:46:51] Mark: So for Netflix, there's some bullish divergence on the weekly timeframe there. So I think that's a positive sign there. And it just shows that the momentum is shifting on that stock. I mean, I've been giving shorts out on Netflix from $110 all the way down. The latest short I gave on Netflix was down to 66, which I hit it on the button. So there are some, you know, just to be fair on Netflix, and I'm not a buyer or a fan of Netflix. They just laid off like a thousand people. So they're, they're struggling a little bit and maybe they've turned a corner because YouTube is eating their lunch in a big way. Um, because there are more, way more people streaming on you, watching the streams on YouTube than on Netflix. It's not even close. It's as the gap has just become so wide there. Uh, they've laid off a thousand people. They just got the rights to the FIFA world cup in 2030. I think that's a big deal for Netflix. I think, uh, the biggest sporting event in the world, uh, globally. And so I think that's, that's huge for them. So there is bullish divergence on the weekly. There is, uh, potentially a double, a bit of a double W bottom forming there on the weekly timeframe. So there might be something there for the balls. Um, Josh, the, the chart, the technicals, um, do lead to a potential bounce there, but we'll have to see if that low that it's just put on that on this current week, it will hold. Otherwise we might just have to wait, you know, because just because you have bullish divergence on the weekly, you could go lower and make a double bullish divergence on the weekly, for example. Um, so just keep an eye on that low that it's put in just there at 66. If we lose that, it could go a little bit lower, but I do think it may have turned a little bit of a corner there. We'll just, we'll just have to wait and see. Uh, and I think the overall stock market, um, you know, if it, if it gets ultra bearish out there, you know, might count against, you know, even, even some of the bullish stocks that have some bullish setups. They will just have to wait and see the RSPP had a bit of a bearish close, but I really want to wait till Friday to see how it kind of finishes off, off the week, uh, on that. But Netflix not looking too bad. Okay. [00:49:04] Josh: I like that. Um, I'm going to, uh, someone said, what leaps are you going to take? That was on Broadcom and the, the two that I have right now are September, uh, 2027. So, you know, feel free to go pump those up. Let's talk about Micron MU. Now this is really, I think it's been the king of AI, uh, you know, really Nvidia is, but Micron's been given in, you know, Micron's the up and coming AI story. And, uh, you know, I told everybody we were done when we hit 1108. And I said that we would likely come back and test 902. Um, I like this. I'm going to give you some thoughts on the chart and then we're going to get Mark's opinion. I like this routine, Mark. I appreciate your thoughts on the stocks. No, I appreciate you having me here. Um, I'm going to teach you guys something small for you to watch out for. First of all, this was a very, very fast rundown. We took, we took, we took a long time to build up and we've come down very quickly. So 902, I'm not guessing. I'm not guessing. 902 is critical support. And it looks like we're gunning for it right now. Right now we're sitting at nine, 12, uh, 30 cents. I want to show you something here that you guys can all watch out for. And we'll see if it's true. Do you see this doji right here? That doji is the gatekeeper, the goalie for this down move. Now it doesn't matter if on a weekly candle we wick beneath it. It doesn't matter. Okay. It only matters if this closes beneath it. So that doji on the weekly timeframe is nine 31. And let's see if by Friday or sooner, we are back above nine 31. That will be your first sign of reversal. Okay. So between today and tomorrow, I'm pretty sure that we're going to tap 902. And if we, if we close this week out below 902, right, then we're going to be watching the following week. If this, if the bull story is going to be intact, we have to close back above 902 next week. If we close, if we opening close another candle under 902, it means that we have the risk of coming all the way back to real, it would be 800 and then 700. So it gets very, very bearish. If we lose this 902, the story is extremely bullish. If we close this week above nine 31, it's extra bullish. It means the bulls were camped out early and there was early buying. I'm not predicting that. I'm just telling you that that's what it would mean. 902. 902. We're going to test it. Probably at some point throughout this week, post pre-market tonight, we might test it. And that's where we need to get the reaction from the bulls. They need to come back and take this stock back from the bears. Mark, what's your thoughts real quick on this play? [00:52:30] Mark: Yeah, look, I love MU and even if it was to drop down into, you know, the seven or 600s, I still think it's a positive thing. You know, healthy market structure. I think it went up too quick. If you look there, you've got a pretty bearish information there where it's making a lower low there. And so I could see if it does, I mean, it's sitting right at the 100 EMA on the daily at the moment at 912. So if it was to lose that level, I could see it dropping a lot further down into the 800s or 700s. I wouldn't necessarily see it as a bad thing. I mean, Elon came out and said that all the chip companies have been price gouging except for Micron and that he would remember that when the time came. So I think that, you know, I'm positive on MU. I don't know if this will be a good place to buy in here at 912. I'd want to wait and see some kind of reversal. We haven't seen anything at the moment. It's just a falling knife coming down, but I don't mind if it comes down a little bit lower. I've got targets down to around 650 to 750 in there. There's several targets in there. I'll be keeping an eye on even the 800s. It just really depends. You know, I'm kind of bracing myself for the current administration to come out with something bullish. They seem to always do that once there's been something ultra bearish happened to kind of boost the market. And it's quite possible that could happen. But if not, we could see some more downside. And we just need to be aware that we don't want to be buying a dip that keeps dipping, you know, trying to catch a falling knife. We wait for a reversal. That's what I respect about Josh. You know, in all the conversations we've had, he always ends up buying off confirmation. He's just never blindly throwing darts at a dart board with a blindfold. He's buying off confirmation. And that means sometimes he buys a lot higher. [00:54:34] Josh: Can I just throw this in? If I'm not buying off of confirmation, because Mark is right. I'm taking small position size enough just to wet my whistle. So if you guys could put in $2,000 to $5,000 and that's your max and it's going to be a heavy position in your account, then you need to break that up into eight buys. So if I wet my whistle on it before confirmation, I'm buying 10% of my total position. Keep going, Mark. [00:55:06] Mark: Yeah. And that's a great point. You know, that's what I would call a just in case position, just in case it kind of reverses and jumps up. And just in case it drops, you don't want to be too overextended and you want to manage, you know, capital preservation is key because otherwise you don't have that money. What if Micron goes down to 640, but you've gone in heavy at 900, then you can't enjoy the incredible upside. You know, all of us would love to go back to April 2025 and just have all of the money available as dry powder. You know, if we had that kind of a situation happen, then of course, and I'm not saying that it will, but let's just always be prepared. You know, let's expect the best, but prepare for the worst as always trade the chart and not your heart. Trade the chart that's there, not the chart that you think is going to be there. And that's why the trend is your friend until the end and then you start a new trend. So I'm very bullish on Micron. I really do need to see it hold that 912 level. Otherwise, you know, I think it could drop a little bit further. It does look a little bearish there with the information that lower low on the on the daily timeframe there. You know, you can see the low that it put in there at 739 back in July. Yeah, it wouldn't be a bad thing to come down and retest that. Maybe put in a bit of a double bottom, for example. I'm not saying it's going there, but I think we should be prepared if the market. [00:56:39] Josh: Oh, we got a frozen mark. I agreed with what he said. I'm going to be covering maybe one more. Mark, your pick. Now, I actually was somewhat interested in commenting on XRP because someone asked me is it. [00:56:58] Mark: You're picking all my favorite projects today, Josh. I know. [00:57:02] Josh: I know. I know. Well, you're just like perfect. You're the perfect counterweight. You're the perfect counterweight to these conversations then. I better hit. Give me. Give me one second. I've got a screen optimization message popped up that said, if I don't. Give me one second. I mean, give me your thoughts on XRP. [00:57:33] Mark: Well, you know, I'm not an XRP fan just simply because they have a massive supply of 100 billion tokens. I mean, imagine if a stock company came out and said they were going to print a billion new shares per month and sell them. This is what XRP do. And, you know, so it's just not it's just not for me. It's not a play for me. You know, I think that I would rather invest in a company that's not going to pull a billion shares and drop it each month like every single month. It's just it's just constant dilution. And just it's just you look at it stuck. It was back at three dollars in 2000. And what was it? Seventeen. And then it finally got back to three dollars in 2025 and it's stuck back at one dollar again. And you won it. You know, and now everybody should be able to figure out why it's just can't go anywhere. We're just constantly diluting the project. And that's not to say that we have good technology or not. There's nothing. I'm not going to get into that whether they do or they don't, because, you know, there's some banks that are using some of the some of the some of the tech that they have. It's just the constant dilution that really pins this this cryptocurrency down. [00:58:55] Josh: You know, those XRP guys are going to hunt you down. [00:58:58] Mark: There's going to be while you have, you know, there's a big army. And while there's buyers, you can always make money on it. I just think, you know, I think that near is a better project, for example. And I think, you know, it's already done like 5x or something. [00:59:14] Josh: Okay, I've only got one minute left, Mark, and I'm going to give them technicals on XRP. And I'm going to say this about XRP. Okay. You know, there is an opportunity right now on XRP, right? It makes a ton more sense to take risk at these levels than it does after the hype kicks up in the middle of the bull run, you know, next year. That's true. All right. I'm just going to point out some technicals on XRP. And in truth, I'm getting ready to be bullish. And so XRP army should love me. But I already know that because I'm not going to be bullish enough, they're going to throw some comments in my, but this is your moment. I'm giving you love. Let's go look at this play real quick. Okay. So if you're ever going to buy XRP, here's my thoughts. Okay. First of all, the RSI gives you oversold on the weekly. It really doesn't come down here very often. Okay. And we've hit it three times. Okay. Wait, can you hear me, Mark? Yes. All right. Well, one of my screens went out that kind of helps me with the show. Let me, let me, so I'm flying blind. All right. You can see my chart. Yes. All right. So we don't really get down here very often. It's a pretty good sign of us hitting the low in the winter. We, we popped up off of it. Okay. Now, worst case scenario, XRP stays within this range of between 150 and 100. Worst case scenario, you guys get another opportunity to buy at $1. Okay. But if you're a believer in XRP, then you better be buying this level because this is the only level that ever made sense to buy. Now I'm going to go with some traditional charting techniques. I'm going to put on here what I see, which is I see a bullish descending wedge. And the way that these work is you take a line and you run it from the top and bottom of the mouth right there. And you put it on the breakout right there. And it gives you a future price prediction for XRP. And that is $2 and 82 cents. Now the bulls are going to say, Josh, this is going to $100. Okay. And you know, I don't know. Mark's going to play the bears and he's going to say it, you know, don't buy it. But I would tell you that off of just the, if you're a technical believer, like myself, if you believe price is truth and you trust the technicals, then the truth is you've got an opportunity to buy an asset at $1.29. That seems to be pointing to $2 and 82 cents. And any other time it's gotten close to being oversold on the 30. It was the right time to buy here. It went from 16 cents to $2. Okay. Here it went from 43 cents all the way up to $3 and 52 cents. And now we've come down from a dollar and there's an opportunity for it to run up to $2 and 82 cents. So I just want to encourage those who are thinking, who are asking, is XRP dead? Why isn't it climbing? I thought we were all going to become millionaires investing in XRP when XRP took over cash, currency, gold, and the entire stock market. Because people give, they really give valuations to XRP as if it would be bigger than all big tech companies, cash and gold combined. That's what it would take for an asset like XRP to reach 500 bucks. Okay. And I'm not suggesting that, but if you're, if you've been on the XRP bus this whole time and all of a sudden, because we're in the winter, you think it's dead and you dump it because it goes from a dollar 20 down to a dollar. This is the time to be buying if you believe in XRP. Final thoughts on XRP, Mark? [01:03:42] Mark: Yeah. Yeah. I think there are, I think there are always going to be upside for XRP. And I think if you're going to buy it, it makes sense to buy it at the start of a bull cycle, if that's what we have. Just remember, XRP was one person who found this bug that's been sitting there since 2017, could have made unlimited XRP and rug the whole thing, but instead reported it to XRP. They paid him a measly 250 K and there was outrage about that because he could have absolutely rugged the whole project to zero. But he was honest and came out and let them know about it so they could fix it. So, look, I just think all crypto is risk just to be careful. I think that, you know, the fact that they had a bug there sitting for so long and they didn't know about it, there's a little bit of a red flag for me as well for XRP. Just be careful on the weekly timeframe, you know, you got a bit of a lower low there, you got a couple of long wicks there. You might see some more downside before some upside, but Josh is right. If you are an XRP fan and you do want to buy XRP, you don't want to be buying it at $2 or $3, which I think you can get to $2 or $3. I think you can get to $4 or $5 even. I mean, I think it can go. [01:05:03] Josh: Now Mark's getting bullish. Now Mark's getting bullish. [01:05:06] Mark: No, it's just realistic. It's just, it's just realistic. It's what it's done other cycles where it's done a few hundred percent. It has a strong, very loyal community and you can make money in it. But just, I think with all crypto, you just, I wouldn't look at it as a long-term hold. Trade the trend and don't buy dips that keep dipping and have some stop losses. And that will protect your capital in case you do have a situation where, you know, literally XRP could have been rugged to zero. You know, that developer was honest and came forward and let XRP know about the bug that would have allowed any hacker to create unlimited XRP and just dump it and take the price to zero. And that's where a stop loss does protect you. And that's where trading the trend and yes, proper preparation prevents getting rugged. Have a stop loss there. Have a plan. You know, I don't think anything should be diamond handed there, but you know, just some, just some, you know, I feel I'm balanced. I gave a little bit of a bull case there that I do think it can go up. But again, I'm not a fan of, of XRP overall. It's not a, it's not a play for me. This run. [01:06:25] Josh: We're going a little bit long, but I hope you guys are having fun. If you're having fun, throw a heart in the chat. I want to do possibly one more stock. Would you guys be interested in thoughts on Apple or thoughts on IREN, I-R-E-N? Let me know in the chat, which company you want me to talk about. I'm reading some comments. I know Ram88930 wants me to talk about Apple because he's dropped about 30 comments on it. Oh, oh, I wanted to talk about Oracle, Oracle. Now I could give you a lot of thoughts on Oracle. You know, the, the, the debt that they have, if I were a long-term investor, which I'm not, the debt that they have would make me feel very uncomfortable. I don't think Warren is going to be buying any Oracle. Having said that, from a swing trade perspective, I'm getting drawn in by those charts. Before I go to the chart, Mark, you have any thoughts on Oracle before I talk about Oracle? [01:07:34] Mark: No, just, I, I agree with you. The debt that they have is concerning and it's the thing that's pulling down CoreWeave at the moment. Obviously, massive concerns that they've got debt at very high interest and their earnings aren't kind of like enormous. So yeah, there's, there's definitely, you know, trade with caution. If you're trading with, with Oracle or with CoreWeave, there could be a great opportunity there. But also I think there should be some, some wisdom applied. Make sure you have your stop losses for sure. [01:08:06] Josh: Yeah. I think that, um, a couple of things I'm going to point out to you about the Oracle chart. One I like, one I don't. Um, my general opinion is that, you know, you're going to make, you're going to make pivot highs and you're going to have big moments where stock runs up irrationally. And then you're going to come down and you're going to crash and you're going to consolidate. It's going to get forgetful. People are going to become uninterested. And then it eventually breaks out of that and goes on to make another move higher. Now the next move higher may not be as great as the previous, but it's going to be a legitimate effort to, to ascend. Um, let's go look at the Oracle chart. [01:08:52] Mark: I hope you bring up the weekly chart. There's a massive hidden shoulders on that baton. Yes. Yes. [01:08:58] Josh: That's actually the two things I'm going to discuss here. There is a pattern. This is an evening star, but they're less reliable at the bottom of a move. They're meant to be more respected if they're at resistance. This one is not at resistance. It doesn't mean that it wouldn't, um, you know, that it wouldn't confirm. If it confirmed, it would suggest a move down to right around 122. Okay. Now I want to highlight that Mark had mentioned a moment ago that there is a head and shoulders pattern there as well. And if we look at that, we're looking at a potential confirmation there of a lower low somewhere right around 105. Okay. So you've got some technicals on this chart that point to a range of 122 to 105, as well as the fact that you have a psychological level of 100. Now, personally, I certain thoughts come to me, Mark, and they serve me very well. If on Oracle, we get anywhere near 100, I want to be a buyer. I'm going to ignore the fundamentals and I'm going to look at the fact. First of all, I'll just put my face back up. If you don't know, Oracle is tied to the United States government in a unique way. They are the CIA's way of spying on all of us illegally. Now that allegedly, okay. I heard that from somebody. I didn't say that. They're not going anywhere. Okay. If they need money, the CIA will just give it to them. When the CIA and the FBI get audited, they can literally be short up to $3 billion in their budget with no explanation. Google that. Google that. You'll find out that that's true. It's happened more than once in the history of those organizations. So if Oracle needs money, they've got the types of friends that'll just give it to them. Now, that's one of the reasons why they so shamelessly run an intense debt scenario. Because they're not scared of running that kind of debt. There's something else holding up their confidence. So having said all that, if Oracle reaches down beneath 122 and gets close to that anywhere near that $100 level, I personally believe you want to be a buyer. Now I'm going to take you back to the chart. And I think you want to be thinking long. I think you want to be thinking leaps 2027. But I would be hard pressed to believe that those wouldn't be profitable. So this is definitely on the top of my list, my watch list for this downturn. Because I think that we're getting to the point where that downturn is going to be reversed. I don't know exactly where the bottom is. It might involve some nibbling. It might involve, you know, a plan to pick up a certain amount of money over time. Or a certain amount of position size over time. Let me show you one last thing here. While this has been dipping, you got this bullish divergence here. Okay. You also have, matter of fact, let me tighten this up. [01:12:28] Mark: Okay. When you're right near the 300 week moving average too. [01:12:32] Josh: Yeah. So if we come down and tap this ascending line of support on the RSI, we will have made a lower low in this range and a higher low on momentum, giving us a bullish divergence that goes back all the way to February 2nd. So from here to here, we would have had bullish divergence. And I would say that this would be setting up for a really, really, really ideal long-term investment. So, um, I think you wait to 122 at bare minimum. And you just add any day that it's beneath 122. You nibble. And that's, that's not a suggestion for what you should buy, sell or hold. But I want, I didn't want today to go by. And for you not to know that I've been getting more and more interested in the Oracle chart. Any final thoughts, Mark? Yeah. [01:13:34] Mark: You need to actually pull, if you pull that chart down a bit, you can actually see the head. You circled the smaller head and shoulders, but if you pull down the chart, you can see the bigger, um, head and shoulders on that. I see what you're saying. [01:13:48] Josh: And I'm going to tell you that that's not going to confirm. I agree with you. I agree with you there too. [01:13:54] Mark: I, I do think that that was to confirm that would be severe and it obviously hasn't broken the net line at all there. Um, it's, it's got the bullish divergence on the weekly it's at its 300 week moving average. Um, I, I would more lean to what you're saying. I, I, even though the pattern is, there is extremely bearish. Um, I, it doesn't mean it's going to play out exactly. I agree. [01:14:19] Josh: All right, folks. I've enjoyed this time with you. I've enjoyed, uh, Mark's feedback on these stocks. I actually really glad I had him on because I pitched some stocks that he might be famously bearish on, uh, that I've taken some risk on. So he was the perfect counterweight to that, uh, bullishness. Um, and I think a lot of the, the calls I've made on this show are more technically focused than they are fundamentally. Price is truth in my world. And, um, and you need to grow in how you take risk. Okay. Because small cap, small position size. If you're not using a stop loss, you can't be in full position size. As soon as you get into a position size that makes you nervous. That's when you know, you have to put a stop loss on it. I operate sometimes without a stop loss, but the position size is so slow, so small. Yeah. I'm not concerned about it. As soon as I begin to be concerned about it, literally the moment I go, Hmm, I better go watch that trade. That's when I know the stop loss has to be put in. Uh, so we've got some plays I've given you here that are for accumulation into 2027. A couple of them I like a lot. We didn't get to talk about USAR and some others. Um, was what did people ask for? Let me go and look. A lot. I got more iron than anything else. [01:15:44] Mark: We would be going into retirement with the amount of stocks being requested here. [01:15:50] Josh: Okay. I think we got the number one request between iron or apple was iron. Uh, Mark, I'm gonna let you close us out. Uh, and someone said here, I lost 5k today on SPX. Let me just tell you a friend that we did not lose any money today. I made three calls in the stocks with Josh live trade session, and they were all winners. If you've made it to me, made it this far, and, uh, you're not a member of the discord. Um, we did it right today. We use discipline, Mark, finish us up and, uh, talk about iron. Uh, do you have any thoughts on that? [01:16:24] Speaker ?: Yeah. [01:16:25] Mark: I mean, they had that bullish news. I think where they were, they have a partnership with open AI or, or something there, but I think the overall bearishness of the market has brought most of the market down with iron with it. It's, it's pretty much right at its, um, 100 simple moving average on the weekly at about $31. I think it just slipped under there in the post. So I'd like to see it reclaim that because I think if it loses there, you can see that same level. It held back on the 30th of March, pretty much on the button. I think the low was 30, $30 and 76 cents. Currently it's just under that at $30 and 40. So I think just keep an eye on that one. I think if it can reclaim that level over the next few days or maybe next week, there could be a play there, but just be careful. Cause otherwise, um, the next target I have down there is 24 and then, uh, $19, 24 and 19. Uh, and that's the 200, uh, down at 19 is the 200 week moving average down there. And then we've got 24, um, as well so that they could be potential areas. Again, you don't want to buy a dip that keeps dipping. I wouldn't be jumping in on iron right now. I would want to wait to see if it can reclaim that $31, um, level there, which is the 100 simple moving average on the weekly first. Um, because that was a critical level back in March 30th. It came down to that $30 level and it's just, it's just testing it. It's we're not sure if it's going to hold just yet. Um, I would want to wait and see on that one. [01:18:07] Josh: Yeah. Um, I think an interesting spot on iron is $27. And, um, you know, I think, uh, it's, uh, I'll keep it on my watch list. Uh, technically every time it's hit the 100 day moving average on the weekly timeframe, it's wicked back above. So I would think if it did wick back above, I would say that that's a good confirmation that we might get a couple of weeks of relief on this large pullback that it's been under for quite a while. Uh, peace and blessings, my friends. Thank you, Mark. We'll see you soon. [01:18:42] Mark: Thanks so much, everybody. Appreciate it. Thank you, Josh. [01:18:45] Speaker ?: Thank you.