About this transcript: This is a full AI-generated transcript of Why the Afternoon Rally Faded as SpaceX Cracked — Stock Market Live from TraderTV Live, published June 26, 2026. The transcript contains 26,169 words with timestamps and was generated using Whisper AI.
"bullish until otherwise and when is that otherwise what is that otherwise you may ask sharif is reduction in capex from the hyperscalers and you you're gonna wait for that as like that's kind of like the kind of the canary in the pool the cooling down right right within the memory names now i have..."
[00:00:00] Speaker 1: bullish until otherwise and when is that otherwise what is that otherwise you may ask sharif is reduction in capex from the hyperscalers and you you're gonna wait for that as like that's kind of like the kind of the canary in the pool the cooling down right right within the memory names now i have a whole different bull case for the hyperscalers themselves because what happens when you get on the back side of spending all this money especially you better make some damn money especially with well we're already starting to see within amazon and google now it's the other names that need to start to play a little bit of ketchup and who am i referring to microsoft
[00:00:34] Adair: and meta and meta all right let's throw it up to adair because there's some military headlines here and then um thank you so much for the super chat earlier i'm sorry so so sorry we couldn't get to it but um we'll uh we'll save that one for tomorrow was a question about nike let's throw it up to adair
[00:00:50] Speaker 3: yeah keep an eye here on some of these military contractors there's really not much of a market reaction here but here is lhs lmt ba and rtx lockheed rtx boeing and l3 harris are reportedly among the defense contractors expected to meet with u.s president donald trump as reported by wall street journal we heard earlier today cbs news reporting that trump would be meeting with these military contractors this meeting set to happen on wednesday we know he posted asking for military contractors to beef up their spending at the start of this year so early 2026 looks like he's not going to have a meeting with some of these contractors again that's lockheed martin rtx boeing and l3 harris if i get more details i'll let you know back to you dude welcome well welcome back everybody we're going
[00:01:35] Speaker 4: right over here uh back to us the other thing about the defense contractors is of course you're not allowed to buy back stock boo you don't want that to happen right it's not good uh taking aim at that not fun not at all one of those new rules for them but a couple hours to go here um obviously the market hasn't had the best of days that's for sure as there's been a lot of bleeding going on but there is something that's on the radar that i almost forgot about i missed it at vwop because i was on the walk and that's nokia so i'm gonna try and pick this one up still kind of trending into the upside but man it's been not the best if you look at some of the reversals that happened off of the open like we're cruising and then about 20 30 minutes in and it's been a basically sell-off ever since we've got big rudy smasher thoughts on what i mean yamal you bullish
[00:02:30] Speaker 5: he's from spain neil spain he's a span he's a spanish guy i was kind of giving him a second there but he's that spanish young guy he got he got a goal yesterday not his first goal i think spain is uh i think spain is a big team obviously i think spain's disappointed i think we got to be spain i think is still the odds on favor but i think they've disappointed have they i don't know
[00:02:49] Speaker 4: i don't know capo verde like well capo verde has played well in both of their matches but at the same time spain just beat somebody for nothing i just yeah they they did but like in that tie like i get it they've been they've been good i don't know if they've been a dominant as as you would like to see them we'll see we'll see um we'll see i mean i don't know like at the beginning of the tournament i was always a france guy obviously that super chat intended i think for
[00:03:14] Speaker 5: the other guys uh yeah just real quickly here back to trading i mean they're they're kind of a different midday show uh you right here we're on marvel man that's eight dollars we we went there we got that bid we put that bid here when this happened and we just missed it by 20 cents you know now it comes in right there 298.50 we get that well it's 298.55 we get that long we come back from the gym and celebrate that one as it's all the way in the money now above view up exactly you know it's a good thing i wasn't here because i would have taken it out earlier but that's a good trade we wanted that this just shows you the power of what i was talking about earlier right holding on to things and making that play spacex i mean we had this trade this whole time and these were bids that we had sitting there uh down here at the low of the day so we come back in spacex in the money big time as well that's four dollars so that's eight and four that's 12. add two dollars onto the nvidia short that we had when we left you at 11 o'clock as well that's ten dollars now so yeah man it's been a really needless to say as neil just said it's been a good day uh yeah it's been i would say a great day as we sit here and you know no lft and just get back to the trading man and and i was we had our you know head of it over here and he was actually looking at the positions and he was like wow and i was like okay uh and he said well why are you short nvidia and i just told him like the market and at that time nvidia was only down 0.8 and the market was where it was and i said just relative strength you know and this situation will be relative weakness and where you have nvidia down one percent in the market down point three so we wanted to pick on the nvidia short we tried to go long when it fell back in but then when that didn't hold we got out flipped it over now nvidia you know obviously holding that and you know the biggest stock for me will still be despite well actually no now it's marvell so uh well it's going back and forth right now spacex just had a little bit of a dumpy dump there so we're gonna get out some more spacex right now and this is what i do when i'm sitting at my desk uh we don't let them fall down too much we'll wait we'll get out now we've been waiting for this 130 165 to break does not break yet so we wait for that one um and then marvell we already talked about that and nvidia so that's what i've been doing here uh all afternoon is not that much we went and you know got ourselves a coffee we're trying to find some laptops for my son uh who's graduating tomorrow grade eight so i'm going to get him a laptop that he can bring to school you want i have to ask him if he wants windows based or mac i think he wants mac our whole family is mac can't go wrong so yeah i can't go wrong uh with that one so it's looking for one of those and um but yeah so we'll pay for that today a little bit with these trays can't go wrong with an update out of
[00:05:45] Speaker 4: orogenics either oh good because we never can and we're seeing some interesting things out of og en on the nise american the company's activated its phase two-way clinical trial in australia with its first site fully operational and patient dosing expected next the developing onp002 an intranasal treatment targeting concussion and mild traumatic brain injury an area where there are currently no fda-approved therapies alongside that orogenics has spent the past year strengthening its balance sheet raising capital resolving liabilities and restoring exchange compliance the focus now shifts to execution with clinical progress underway and additional cns assets under evaluation well to shout out to orogenics and thank you for sponsoring this part of the show and i can close that chat we don't really need the old one anymore because we're into the afternoon show uh the only position i'm in is a vwap trade actually gave this as lesson of the day nasa came into the volume weighted average price actually gave a second chance too but i was up on my walk uh getting up there and nick dubs i see it i came in all right we'll throw your super chat up here you're talking smci probably the strong i want to say the strongest one yeah it's the strongest one there's small cappers that are probably worth moving more but smci i mean it's the strongest talk today uh what a beautiful all day long on smci yeah i didn't see i'm not gonna pretend i saw it as a as a long i took a long vwap after shorting it into vwap and did not think it was going to break out the highs but you know what this is making a comeback it's through the 200 period moving average feels like the bottom might be in on this and we had we had a comment this morning saying like the company was like a scam hey they've had a lot of controversy there's no question about that they've i mean probably more than anybody else disaster since they were you know what i can't think of a stock that got added to the s&p 500 and then it had like a worse year after they did so and it's like it couldn't get any worse for them you have all these issues with
[00:07:43] Speaker 3: investigation china and whatnot and don't forget their six month stint on the nasdaq meal that happened
[00:07:49] Speaker 4: that's right it's like you're added to that's like when you get booted from the nasdaq but yeah it's been a rough ride for smci but it feels as if hey maybe maybe it's got some ketchup to do with the rest with the rest of the space because it got so badly beaten up they still have some good growth and sales um and kit and kit mishra the last few days silver has been retracing yeah fed hawkish cpi was not great do you think it's time uh could be bearish for gold but not as much for silver your thoughts you know sean i mean the i mean silver at least has the you know the use case the demand issue which you don't really have for gold but it's really hard to to look at what's been going on for both of the metals right now and like it like to me like after like after we got the fed and the first day for walsh not first day but first meeting for walsh and he came into the hawkish you look at the turn like it's back under the 200 pre-moving average any bottom momentum it had just feels a little bit gone i'm not there yet maybe it needs to bounce a third time off of this 57 support for slv i'm just not necessarily loving it and yeah you do get the use fine you have the demand aspect which can be a little bit good but i find it hard to to say that it's going to buck the trend when you know gold looks bearish as well i think they kind of fall together like i i'm not seeing one going without the other and i haven't been bullish on slv like there was a little bit i think a couple of weeks ago where we started to where we started to like it i should know maybe a week and a half ago where we started to like it for a couple of days but i'm kind of back to prove it prove me over the 200 pre-moving average show that you can catch a bit of a bid i don't like the direction since the fed so i'd be
[00:09:40] Speaker 5: a weight uh on those i don't they're both underneath so i mean i would say they're both momentum sucks they're both underneath the 200 period i mean anybody that i was never an investor in silver but if i had anything i mean that was such a huge run and a very parabolic one there that now it's chopped in half almost right and so it sucks to hold it all the way back but i do think the industrial side of things that has a use case for silver is something i i'd actually rather look at gold now that it's under the 200 period and we're coming into again going all the way back like this again it was pretty during this time pretty parabolic i mean the same thing was happening with silver up to 510 with big time volume at the top right i mean once that top hit we did get some big volume even that day and the next day and then traders panic there sell it this little retracement back right there that's a great sell spot 500 bucks but that's already happened so now we got to look forward to the future and figure out where that goes from here a strong us dollar might not be a great story for gold but we did see us dollar getting hit a little bit there today as rates continue to be more certain i feel like right now um with warsh back in and maybe there was some uncertainty heading into warsh and if he was going to be picked and nominated and whatnot you know now that we know you mentioned cpi and inflation in there that's going to be obviously a big talking point as you know it was a big focus on his uh speech there last wednesday so we'll have to wait to see what what happens for gold but for me like right into these areas it's looking not bad i would always rather not chase this move down and wait until we break above so i think you got to get above 400 again for gld and then same thing for silver try to get above some of those uh targets with the 200 period moving average i just wanted to because some of you are asking about spacex i my out is 167 to get out of half of what i have left but we just got a cover there at 165.40 so now we're looking to break 165 we haven't really done that yet today we this low says 150. no 165 is the law yeah that's obviously not happening so we have multiple fills here at 165. so here it comes i'm not going to take another one we're still pretty good short on this name spacex again is as a big one i think it's been you know my number one trade since it ipo'd every single day that i'm here uh we're putting up some numbers on spacex so you know let's just wait to see i hope it does break and we just flipped to the short today right i mean we shorted once it was breaking down we just shorted that 170 break that was pretty easy day and then it came right back up into view up again easy trade you know we can't sit here talking about view up all the time and you know i like the short so i take it into it right if it breaks it it breaks it we have that talk but let's see what it winds up i mean now that i'm seeing this all right you know let me get one more tranche let's punch some out there we get a half print uh we punch out a little bit there at 16506 there just boom you know if it's going to keep doing this kind of like we got out there on the 200 period looked like it was going to break we were going to get out of half at 167 i decided to take it out there we've now cancelled our 167 fill so if that happens we're not going to flatten out we've just taken some fills down here near the bottom hopefully it does break and that works out well marvell's i mean marvell's right here right now so i am going to take another piece out this is the problem when i sit here and trade we you know start to exit out of some of these trades we get a 99 fill there on that so that was a good out for us oh oh there it is i would now we get the 99 fill so we take a piece out there just try to bounce around view up again here for marvell and then nvidia on the short side of things it is what it is right now en oh what the last halter was 12 o'clock is that right maybe that is correct oh okay 12 30. yeah this entx was the last name that halted so as far as us trying to pick up some halt names for you we'll try you know we'll try uh if we're able to we'll definitely grab those but there's that halt on entx and that's moving around if you guys have any other trades like i pretty much just trade you know mega cap big names what's up to ton mia launch ton maya ton maya ton maya ton maya launch seems strong buy now before 8 10 is that august 10th uh tnxp so okay so there i guess they they have a launch that they're going to be doing i guess in early april is or sorry or early august is what we're referring to there yeah unfortunately i don't know oh uh no it's a pharmaceutical pharmaceutical company so they must well okay i mean if you know something a a that's
[00:13:59] Speaker 4: maybe insider but part of the thing about um pharma companies you got to be careful is sometimes like like the there's the sell the buy the rumor sell the news i feel like on biopharma it's like it's almost like that's the rule oftentimes so you like you usually want to try to be getting out if you can so if you know that there's something happening on like again in august yeah it kind of makes sense to be in in front but again i don't know so i can just tell you in a general sense every time i've been involved like i have the one i always reference is i was in the viking therapeutics long and they had like a trial update and i'm sitting there and it just goes absolutely ham tags me i'm like oh great like it just it just hit my profit target and then within like one hour it had lost like 60 or 70 percent just something ridiculous when they sold the news so i i put that in the back of my mind for
[00:14:55] Speaker 3: biopharma all the time adara so i looked up this tony ma thing from tonics pharmaceuticals last thing i saw here securing their second commercial payer agreement for tony ma this is as of june 8th 2026 so a couple weeks ago i am not seeing anything here and i did try to do a look in terms of this august date if i get anything else here i'll let you know but yeah this looks like this is what they're talking about here this tony ma for fibromyalgia so yeah so there we go so you
[00:15:24] Speaker 5: know always want to take a look to see if any of that hits right i mean uh that's to neil's point there when you get when you get a big one you can definitely take advantage of that for me i'm more of a j and j type of guy uh we talked about that you know trying to pick up some dividends as um you know katina wilson capital very big on dividend stocks and we've just been rotating out a little bit out of some of the names that we've been in which has been great but we're rotating out of it as i said and trying to buy some of these names we did have a nice run up in j and j but as the nasdaq regains its strength and approaches all-time highs again you know some of these names come back in as more money flooding into the sndks of this world um spacex bounces again off of 165 that is wild and this isn't this is one of my names here marvell and we actually hear it is nice move higher i'm gonna take a piece out you know this name goes back and we were just talking about you know like it seemed easy to grab the microns and the sandix and all that right but we actually had that contest out and like none of us really have any of those names that was a hard one to grab um and so just you know if you are in those names we talked about 780 or something i heard maybe it was even more than that on sndk's return this year so i can't really be blaming anybody that is thinking about turning this stock around a little bit and thinking about a short you know into sndk i mean especially into a micron print as well micron up 300 year to date and it's just an absolute monster move on micron uh heading into earnings as well you got now four or five straight up days andre you can tell me if adara is ready because i'm i just can't hear the production i can hear you i can't hear adara or anything else uh okay so we are ready now for adara no nope okay she's what he said he said okay but that was okay so he's we're okay yeah yeah okay we're ready we're ready to go uh dared has left so that was good with the fried chicken was pretty good today we did have the fried chicken for lunch i thought that was the fried chicken was delicious the better lunches i'm not here tomorrow and it's going to be a great
[00:17:25] Speaker 4: lunch i saw what it is oh you did no it was the uh i was telling people in the chat the mashed potatoes i don't know there's something about them even randy's looking at me he's like yeah they were i don't know how to describe it like i dashed those before i had like a bite and there's something about the mashed potatoes it just it wasn't right it was not right uh we're going to adara at the to talk about google like a mix it was something that i don't know yeah i didn't try it didn't
[00:17:49] Speaker 3: taste like real all right adara what you got over there time for today's edition of to the window to the wall where i pull up a infographic window and i put it on this wall so we can talk about it for you guys i like to do stuff that's topical that's timely this infographic i just released today you can find it as always on x at tv research what i wanted to do was take a little of a deeper dive here into the careers of the two men that as of last week announced they're leading google to go over to other ai companies so first you have noam shazir his announce or exit was earlier last week he worked with google on and off starting in 2000 now during his first stint at google he met this guy named daniel de freitas who he worked with together they built a chatbot called mina but google wouldn't let them release mina so they formed character ai now google really aggressively pursued character ai so after noam left with character in 2021 he came back to google in 2024 now two years later or actually less than two years later he's gone for open ai let's go over to the next man here this was announced late last week his name is john m jumper he's actually very distinguished here he is a chemist he's leaving google deep mind for anthropic but before that he was a director of google deep mind was actually a research scientist and received half of the nobel prize in chemistry alongside demi hasabis of google deep mind he's also the leader of google deep mind basically these two worked on predictions in protein folding which clearly the nobel committee liked but he clearly would rather go uh for anthropic for now so that's a little bit of a deep dive here into noam jazir and john m jumper both of whom jumped ship uh sean did beat me on that punz we'll give him credit for that to go over to greener pastures from geoogl i hope this infographic made sense and was fun for you guys you can find it as always on x at ttv research and give me recommendations for what you want to see next in the meantime i'll go back over to that desk here is today's segment of to the window to the wall and now back to the guys
[00:19:44] Speaker 5: i have a quick we're talking about that guy jumping ship over there yeah i was going to say for google go ahead you have a question i was going to see how much it's fallen from its peak to it sort of curious
[00:19:55] Speaker 4: for um down 11 percent not for an infographic or anything because i don't i'm not going to put any pressure on it there to make anything but with so she wants to well cerebrus is reporting for the
[00:20:05] Speaker 3: for i believe the i have two infographics already made one of them is coming on 2 46 pm today i want to say the second one will be scheduled to come out sometime tomorrow morning probably around 11 30.
[00:20:15] Speaker 4: so i felt no no i felt pretty good that you had one about cerebrus but i didn't want to make the
[00:20:20] Speaker 3: assumption i already have one but it's more about the ipo it's going to be less about their earnings these next two are very very much about their s1 filings which i did do a deep dive into
[00:20:28] Speaker 4: there you go all right um well here's a question for everyone out there do you think spacex does cbrs like does it does it do no no no no well yeah look i don't think many people are going to believe it would be because what for the open was at 350 so what's the low here uh so call it i don't know 200 ish it looks like it broke it broke 200 for like a few seconds oh did it one yeah like yeah 200 is a low let's just call it 200 on the low 350 to 200 yeah so that lost pretty like that's a pretty clean 40 almost 45 percent like 43 percent um from the top so if spacex were to do the same thing we'd be talking about like under a hundred dollars so does anybody think that spacex has a hundred under a hundred dollars in it within like a month was that a month yeah in like a month yeah i don't think that's that seems a little bit harsh because obviously the thing on their their report they could go anywhere uh absolutely anywhere like it wouldn't surprise me if that stock is a 15 20 move but remember it's not as liquid of a name as um as spacex spacex you know trades like a big cap stock cerebrus is very uh very little yeah i mean go ahead no i was gonna
[00:21:44] Speaker 5: say spacex also has this all that pump underneath it right yeah it's more hype yeah there's a big hype training i think that once it gets to 135 be interesting to see what kind of levels are there you know like millions that's what i mean like can it break through 135 and if it does easily then i do think that 100 is there because then people are going to be like well who's going to
[00:22:00] Speaker 4: support the stock well i'm going to be bidding the day that it gets to 135 on that day i just feel like a 135-01 bid is going to happen right at some point like i like just for a day when it gets yeah like for a day trade like my first thought isn't going to be like oh i'm going to punch short if it breaks low and my first thought is to be long 135-01 and if it when it comes in we'll definitely have yeah i'll have i'm going to have it at 150. well i'm not yeah that level too but i think 135 is probably yeah they're both big levels doesn't matter uh can we talk a little bit about ibm software taking another jaunt to the downside here today no it gets it's still going to be in this look i love ibm as a future quantum play i love the fact you get the you get the divi you get a secure business behind it as well but you also have to remember it it the ebbs and flows of the software um not armageddon but the software pullback are going to be you got to deal with it with these guys and i think a lot of times if if you're in a space that's out of favor i try not to get too cute like for myself i pull up a pull up like a weekly chart or a monthly chart and i tend to go back and like okay well i will be concerned if this stock loses the 200 period on the weekly underneath 200 bucks you know until then i just see some opportunities to dca in because i'm a buyer of this stock in the next year uh like it was like a year and a half two years ago i suppose because what do we know yeah i mean you just bought some right at the 200 yeah i bought some at the two and i'm probably going to buy one more time at the 200 on the weekly but that's probably you know i look for that if i don't get that price then i just look for somewhere in the third or fourth quarter somewhere in the back half of the year because if it goes higher it still want to buy it as well in the back half of the year but it's the software guys that you got to worry about like the like we're still in a world where every time the chips get strong you know these guys turn around like the igv just lost a 50 period and that was looking really good lost a 200 lost a 50 so that's headed back in the other direction so the sentiment isn't right uh currently for software anything when that's the case there's just not much you can do about it here this uh smci i did i did a trend trade on smci earlier i'm in one again but i'm looking for the triple top like resistance to support i'm not really thinking view up this time i'm thinking the 35 and a half level oh there is a name we haven't looked at we talk a lot about robin hood and we have not said much about weeble we have not which is i don't know seven bucks or so well if you think about it you know the pdt rule this also that's you know that's also a positive for them and i don't think that gets necessarily said enough maybe even a better pure play for the pdt but somebody at 750 like look at the stock at seven dollars and fifty cents i think there's a breakout if it can get above 60s maybe even like the 200 period break at eight but there's just resistance at seven and a half bucks you saw that i mean you saw that last week and then you see it again here today it's still putting in higher lows so the good news is you might be running into that resistance but for now the higher lows are still intact well i i like robin hood better but you know that would be me talking my own book it more or less did kind of the same thing failed a bit of a breakout on its own right just a little stronger one under the 200 period the other one broke out the 200 and now could pull back into it so yeah a little more strength out of robin hood but we both it deserves a little bit of respect i suppose
[00:25:28] Speaker 5: yeah i like we will uh over there for ibm i think that you're they're losing you know some way with their remember their cobalt so they're sort of their legacy system now that's being threatened by automation so we worry about that the ibm consulting business basically not existing anymore i mean you can now figure out your needs um you know even just by using clod or something like that so that's getting less and less uh dominant there for ibm and then again their debt load right over 54 billion dollars in debt uh hoping that this ai it's kind of that whole thing about oracle too right like hoping that this all works out fine for them if not then they're going to be got you know get caught holding the bag a little bit so ibm is a is a problem and i i bought it on i was just kind of lucky like i bought it down here before we got that government contract and i think that's a bullish case as well you know getting some money from the government to start develop quantum and these guys are a nice name not as fun to trade as the other quantum names obviously but um you know you're gonna have to go through the peaks and valleys and i really like ibm and i think that the three or four percent dividend gives it a little bit of room but again like you're losing you can lose three percent in a day so it's not like you know you hold that for the dividend but that's another piece of the you know pie there for an ibm as far as google man i mean that went to fourth for 342 today i mean how low was that i mean that's unbelievable um right there into that's the nasdaq 50 period on the one minute so maybe the market's trying to turn itself around i just wanted to say marvell uh we got out there a couple times at 307 50 that's down now and i want to show you one more play here because although spacex right now is coming down a bit that's now multiple multiple times where we had bounced off 165 here on for for today's trade so you know we bounced off so clean right there like that gave me the best short it's too bad that we had left for the gym here but like again that's a for me that's a no-brainer short right there again and there's the fall back in into 165 cover cover like rips up to 166 50 cover cover you know back up there cover again on a 166 break cover again on a 166 break uh now back into 165 so we've got to be careful for this 167 we don't have we still have a decent position but you know we're getting lighter on this obviously as we start to turn around and cover so i just want to give everybody an idea there that that's what we're looking for and then i was starting to get some feels that nvidia was turning around and then this happened um so yeah over neath over neath i made that yeah i i sort of coined that a while back uh when you're now over neath uh the 50 period and the 25 period moving average you can see nvidia now falling back in right into the lows of the day so that's 208.50 right there maybe we should put another bid on that one and then marvell we sort of did talk about it we've been getting some good outs as long as this doesn't break view up i think we're fine with that i do have an offer to get out if it does break view up on this fill right here just to show you what trading is all about for me my stop on this was 297.50 so a dollar worth of a stop you know we're here to play right there so that gets me and now again i wasn't here to cover this on the way up all right but once it breaks through view up those are some great covers and you know most likely you know a lot of the covering probably should have happened in there at 300 bucks and you know you take a worth a dollar worth of risk you should definitely take some out for a dollar and then two to one three to one four to one five to one but you just see the extension of some of these moves and there it goes right now breaking through the highs is marvell so you know we're just really in love with marvell and spacex these days and just continues to be decent trades and the funny part about marvell which now goes close it's pnl number one i was dead on this one we actually got some super chats about this and and it was just like oh man i was down 350 i was down i was down more than that when this name just fell right back in and it just collapsed and then we were able to support it at 300 thankfully got out on the way back up because again we were down and we start stop the bleeding you know you can lose a lot of money on these names if you're not if you're too you know not careful enough and then it breaks 300 we didn't have a stop there we had a long waiting at 298.50 that does not fill it busts right back up marvell goes into the positives and then all of a sudden this happens where it falls right back into our lap one more time so again it just goes to show like if you mark down the right levels and we actually did a piece on this last week and that is set it and forget it if you mark down the right levels and you're sitting there these kind of things are not just bank air in your favor this is meant to be like i have a bid down there with a stop you know so obviously it's nice to see where it's going and i'll take advantage of this i actually punched them out there at 25s so we'll get a little bit more out there on marvell but that's that's part of the game so there it goes now it's a 10 spot and a fried chicken dinner winner that's on today's uh today's marvell trade that was more like the uh rotisserie yeah that's one of a rotisserie that's
[00:30:21] Speaker 4: more of a port which also works too let's go i think we're going back up to the desk there
[00:30:26] Speaker 3: i have to talk about quantum here because the white house kind of teasing a quantum related announcement we did have a report earlier that sia brought suggesting that there could be an announcement related to quantum coming from the white house as soon as today specifically regarding an executive order well the white house has shared a series of cryptic posts about this here is one of them this one actually just came out a couple minutes ago which is why i wanted to do this now you can see they have the date of today uh june 22nd 2026 and then the quote america will be the world's leader in quantum technologies make america great again so this came out a couple minutes ago but they've also shared a couple other posts there's um this one here on american quantum dominance with trump's face this is a post initially shared by an account related to the department of defense that was then reposted by the white house account so clearly quantum and focus here for these white house related accounts here is io and q at intraday highs you have qubt also near intraday highs you could keep an eye on rgti as well prepare for a potential announcement coming from the white house with regards to quantum no details as to what this announcement will be yet but they're clearly queuing something up here's sia to give you one of her segments i believe happening now
[00:31:39] Speaker 6: indeed adera you are right it is happening now we're going to take a look at the three major averages before we dive into a bit of an update about what's going on with the stocks midday right now so the spy currently down 0.23 the triple q is down 0.45 with the dow still in the green up 0.33 so we did talk about this a bit earlier but let's just take a look at sorry let's just take a look at it again we had aerovironment uh stock tumbling almost 10 percent after the company said it would restate its earnings for the three and nine month periods ending jan 31st due to an error and how carrying value used in a goodwill impairment analysis of the space reporting unit was calculated so the stock was down almost 11 it's continued made hopefully it has gained a little bit but currently it's still down 10 on almost 10 on the day we're also going to take a look at smci super microcomputer shares jumping almost 19 now it was 14 earlier in the day after server company smci announcing the delivery of its data center building block solutions blueprint based on the nvidia vera rubin nvl4 platform the new product will aim to accelerate the build out of ai for scientific research and last but not the least i want to take a look at our final uh ticker right now that i want to talk about getty was up 100 and uh somewhere close to 123 percent earlier in the day it's uh reversed its gains a little bit but it's still up 82 percent right now uh shares uh have yes more than doubled for today they announced an agreement with open ai on sunday which is yesterday get image's content will be appearing on open ai and chat gpt sending it back to you
[00:33:28] Speaker 4: thank you very much see i was trying to find something fun on open ai but no no one cowshi in there but there's nothing there's nothing interesting do we know when they're ipoing well so basically the i wanted to see if there was something about market cap on for the issue because i'm like yeah that's like that would be an interesting thing to actually look at or bet on but probably the most i guess the best ones are like will all of them get replaced it's apparent that's apparently a thing whatever i can't make it up and then when will they officially announce it's like really that's not what i want to see no it's not what anyone no i want to see valuation fun like i want to see valuation between those between that and anthropic uh give me some give me some interest on like what we're going to be looking at when they get that and there's actually a some belief that it might not be this year according to calcium i think is not the consensus for open ai anyways smci is continuing look it's up 18 i'm not going to tell you this isn't a strong stock it's incredibly strong was able to get down into the quarters actually took a 21 fill but if it doesn't break down soon i've already moved the stop from prior bar high to the break even it is just gliding it's like slowly back in after a trend break to me when you break a trend like you want it like when something breaks the trend line you're kind of looking for it to drop or reverse a lot faster oh and now you guys can see see that our unity just timed out so i guess i'm not going to hear anything in my ear because that just happened i'll probably have to restart it in a couple seconds but uh that is what it is you guys don't have to worry about that uh the other thing that's going crazy is you keep seeing this lumentum in the chat so i mean i wasn't i was up for my walk what exactly happened to lumentum at 12 50. that's what i'd like to know because like very clearly it was just kind of having an inside day and then does a big breakout i don't really see any news could just be that they're an absolute yeah it's a strong stock that caught a bit of a technical bid now it's breaking back out was there anything
[00:35:27] Speaker 3: happened here i was going to say they didn't have any news and i also specifically looked at any company events that we could have had for any of these optoelectronics names and i couldn't find any so usually if i see something like that i'll think of it it's a company event but generally speaking if i'm being honest if it's a company the size of lumentum i probably know if they were having an event and i did check after the fact nothing that i could find yeah you'd expect you'd expect that
[00:35:49] Speaker 4: but you know sometimes it is just uh momentum and uh jl8 saying it's it's a photonic so it's just sympathy to the quantum to the quantum names yeah that could be it because when did but when did those go that's 12 50. i always go to qbts because i own d wave yeah i guess those were already breaking up oh one note on qbts d wave has been riding the 50 period like all of a sudden there's a lot of respect for the 50 period moving average on this stock so really liking what this one is doing i don't know if i want to add like back into this thing i felt like this about this like i feel about smr but it's like yeah prove it to me kind of deal but at least you know when you're looking at shot plays they're making a bit of a run back to the upside making some higher lows you've got the administration liking them whereas like your more speculative nuclear names like that's doing wishy-washy nothing meanwhile the rest of energy is looking fantastic like data center energy anyways like to see like gee renova pop like 850 back to 1100 and and then you sort of see the guys that aren't making any money yet do absolutely nothing i don't know but disappointing on smr because i was thinking this was going to be the moment could be it's getting that 50 period again there might be a chance to buy back into this but i was surprised by how quickly gee renova got back up to the top so you had a minute where you could get this and where you could get consolation maybe you can still get vistra i don't know that one's been lagging that's still going up vistra yeah that vistra has been like the big laggard and yeah that's still going yeah iren is down today but that's good but iren had been up a heck of a lot more he well yeah hasn't it not really let me double check i felt like iren made a nice move last week i guess you know i guess it wasn't as big as i thought i couldn't get through
[00:37:40] Speaker 5: that 62. i think it might be i think it might work now andre whatever you guys did because you sounded a lot cleaner here's another halt right here s dot um so this one is a halter from last week a couple times i mean this name was about a buck or less and then we ripped all the way up there again into 12 bucks and now we just fell through on s dot halted at two 224 so potentially a little look here for anybody on s dot here for that short and there is the move so we're looking it's i mean it halted 15 minutes ago so right now not getting any openings for s dot talk about some of the positions again you know nothing nothing really going on i'm bidding again or did i get filled no uh 165 10 just trying to learn my lesson here about spacex and you know keeps on bouncing off 165 so if it does come back in we want to get out and then marvell a bunch of outs up there pretty light on this position now about 20 of what we had down here left uh on marvell so that's what we're doing right now um excuse me checking down this cold brew as well uh all right so i like qualcomm for for a move um in the computer space so you know definitely i think this is a name that might be undervalued right now qualcomm i i think that we did have a story on the midday show that's coming back into view that just hit on my see i have some scanners set up here and qualcomm just hits right there so that's why that showed up shopify also we can have a look there but there's qualcomm coming right back into view op so this could be a look i'm gonna i'm gonna pass on it i think the market does have a chance to lose its bid right now so the only one i'm worried about is marvell and like i said we're trying to get some more out of that but if we lose it watch out for qualcomm i'm not going to short it but it's with the market today 0.4 versus 0.4 so we're right there bank stocks uh started to go well now 0.34 down for the es i do know that i'll do a little bit more of a deeper dive right here i do know that sia just went over some of these plays but i just want to show you guys in the finance whoopsies that's this wrong wrong one in the financials there today you know mastercard down but everyone else were well performing like jp morgan two percent and you know that's one that we've been buying you know jp morgan definitely like that oh we just got filled on spacex at 165 10. so that's working out perfect like almost as if it's too easy which makes me a little nervous uh wells fargo city group a lot of these banks doing well robin hood down today no you're no surprise they've had quite a big run we did get that talk about robin hood and weeble uh and then so far to lesser extent there as well a well simple type of name here in canada well simple no well simple bought didn't well simple bought uh the other one uh what was the one that you were buying no no it was robin hood bought wonderful wonderful not well simple right wonderful yeah so uh wonderful okay so that's out uh out in the blue right now nasdaq a little bit there as well but the financials is where you're going to see a lot of the green strength there today and then over here you know a favorite of mine there eli lily good name up well almost up one percent abby a big story today uh agreed to buy apogee today or not today i think this was last week no it was this oh was it this morning yes okay for 135 11 a share so that name now uh abby i guess they like adding whatever apogee has there uh they like that oh uh a late stage immunology assets so i don't know immune system so uh good name there for avi i guess they like that buy maybe a little bit on the cheap there so these these kind of names are bouncing around a bit and it's over here it's this whole software kind of sector that seems to be getting hit now we don't have this is technology services but there's netflix like what the hell is going on that's down five percent in an absolutely brutal move downside for netflix over the last little while palantir i've sort of i haven't stuck a fork in that one but you know i'm not really talking too much about palantir anymore we were able to get out of not the majority of our position but a good amount there up near that 200 level this is now 120 like 120 flat this is the only losing stock we'll have today is is palantir and i'll show you what that looks like for me just talking about myself and then oracle four and a half percent down not great microsoft down what is this down here uh verisign so we actually had service now some people talked to us about that today and i was just thinking like a lot of these names man they can't seem to get out of their own way uh tesla up which is nice today some of utilities like a run for yield today makes a little bit of sense as the market's flat so whenever the market's flat to down we do see some names there oh about the utilities i know what i want to talk about water that was what these guys were talking about before here's a water etf one of my favorite foods foe or fa fee fi fo fum right here it is your investical water resource so i think this is a good etf to get involved with you heard it here first fa fo uh now i like that one down one percent today i think we can get into that one as water and then what about awk another name that nobody knows about but we do it is right here american waterworks again you can tell everybody a bunch of times in the chat yeah good good um so there's awk right there um american waterworks so that one i think can get bought up as well as we worry about data center cooling and we did have an individual in the chat talking with joe and shreep over there and i think it was tps reports was saying that i think it was in georgia they're seeing a run on water right now and that's because of a lot of the well they believe because due to a lot of the power plants taking or the data center plants taking up water for cooling the problem is the idea and this
[00:43:17] Speaker 4: is what all the hyperscalers are saying is they are saying that they are recycling what they use and it's not as big of a draw nobody's actually believing that right the issue but that's but that's what's coming out of the mouth of the hyperscalers and it's just the issue is nobody's really believing it i always have a headline here starlink now available oh never mind united airlines international flights well it better be everyone's got to get on board with improving their wi-fi by using starlink which is fantastic but that's another look another reason why this whole data centers in space thing potentially has more legs on it but that's so far out in the future when you start getting any kind of scale there there's a lot that has to happen before you can make that like elon might be saying things like 2028 major breakthroughs but then you have um you have bezos with blue origin because they're in the same you know they're in the same boat and he was saying middle of the middle of the next decade so and i love elon and i love spacex but like one saying you know 2028 and for the same kind of for the same kind of target he's talking mid you know mid next decade that's a very wide zone which just tells you the uncertainty with when you're gonna be able to get that off the ground because if it was imminent like if this whole like uh data centers in space was imminent like i wouldn't like how much would i still like gev like i'd be starting to think trim that sucker but i don't think we're that close yet oh no and if we were like i said i think you'd be starting to think about some of the plays that have been riding that wave and wanting to you know maybe want to take a little bit off and i wouldn't be thinking i'd be getting a dip buy in in spacex either which i still think we're gonna gonna be able to pick one up uh let's go to the desk i think we've got a small cap recap
[00:45:09] Speaker 6: up 1.11 lucky number so we have two individual tickers i want to take a look at bwi and baldwin insurance group is up 21.3 the company has retained advisor to explore certain strategic options including a potential potential take private transaction backed by private equity jpm jpm morgan followed up on this with an upgrade to overrate from neutral apge sean was talking about this earlier we were also discussing this earlier in the show just want to mention it up again apogy therapeutics is up 47 percent abby to acquire apogy therapeutics deepening immunology portfolio so the shareholders will receive 135.11 per share in cash and the deal values the company at 10.9 billion dollars in equity value and it's expected to be assert asserted to abby's adjusted diluted eps beginning in the year 2032 and the deal is expected to close in the third quarter of the the year 2026. that's all sending it back to you
[00:46:15] Speaker 5: that one as we get more and more information oh you know i want to look at crypto uh right here because ibid is making its move down and i've written down crypto ibid here long at 36.25 so we're actually getting pretty close to some of those levels right now for uh ibid right and i mean it had a great day to start with and then it just basically lost the bid right around 10 o'clock uh it's been falling ever since and right now ibid looking like it wants to take this level out man 36.50 so uh underneath that right now looking lower looking like it wants to break i think there's a short uh here for ibid we've been getting out like i said the only stock that i was most worried about was marvell because we talked about that short that was coming into the market and i don't know if qualcomm hit or broke or what but there's qualcomm right at view up and i was saying i didn't really like that view up if anything maybe a view up break that would have given you about 60 cents i'll zoom in about 60 cents so far on that break um and then guess what held again spacex so we did get spacex at 165 again and it held one more time so i don't even know why we're looking at anything else this has been like i said the easiest trade has just been to go long at 165 i'm trying to hold out for the short uh breaking through 165 but could have made 10 times more just buying the 165s man uh and getting out on the way back up so spacex definitely making us look silly not buying that 165 i mean thankfully we're short five bucks in but at the end of the day that's been such an easy long off of 165 it has never broke so it when it does break it'll break and you'll see i think it'll go down probably 20 or 30 cents initially and then you know the floodgates open but i just don't want to cover what i have right now i've been covering i just don't want to cover it all because when it breaks there then you know i may not have anything on like it could break and it just tanks down and then i feel like i've given that opportunity up so at this point i'm gonna wait for it but wow what a long spacex has been down there i hope some of you have been catching that um it's been a very very easy trade on that short side i paid for shorts on like for basically for free here and now you're seeing because it's short sell uh listed right here it's ssr because it was down to it's down 10 you don't get to hit the bid so everybody that's hitting the bid right now are traders that are selling into it so that's part of the problem like you see this 340 they're just chasing it down now it's going to come over here now it's going to come to 02 let's go if it does it's still at 04 but there's still a bid there at o's so that means that you need at least a couple hundreds of thousands of shares there that's 200 000 you know 400 500 probably with all the dark pools you need a couple million shares that are willing to sell this name and if they're willing to do that then it will break 165 and then it's see you later but that's why we have the short here you know like you got to make decisions sometimes and honestly i i like that play i like the short in the spacex so we took it and and that's and that's why it's there on the board so so far so good there for spacex i think i'm just going to take one more piece out at 02 maybe we'll just sit there and bid it and if it fills me great if not whatever man but i'm going to take one more piece out because it looks like it's going to bounce one more time here off of 165 so again you know the easy trade might be easy again even if you just scalp it a couple hundred shares in and out of five ten pennies do that a couple times it does pay for your your coffee but uh right now we're going to wait for spacex all depends on the slippage you get
[00:49:48] Speaker 4: on the other side of the trade that's the thing that's but i want to shout out david here thank you david said uh siamese for 20 trader tv live gifted memberships so i want to shout you out i think you've always been so kind and generous and you can sort of see if i scroll up all the viewers that are in the chats gotta be a subscriber to be in the chat but if you're a subscriber and you're in the chat then you and you enable you gotta enable gifts as well when you join the chat then you're able to get to the gifted membership and pick up sharif's note um again for it's five bucks membership but 20 of you just got it for free you can check that out for a month so i want to shout out to david you've been incredibly generous and we appreciate you every single time jbron i just saw this now because i happen to be looking at the chat as i'm showing you what in the blue you know what is up with arm did they kill some puppies or something i hope not armed kill some puppies no i mean what like for the same like this first of all like this stock went from 300 for okay forget about the 300 it went from that 200 consolidation to 400 in like two weeks it then went from 300 to 450 in like a week and a half so yeah arm moves like this now you know this is just how this is just the kind of stock it is it went from a little more consolidative and orderly to now it's just gonna go back you know what crazy so you can't if we're gonna live with the double digit up days and making these ridiculous highs and doubling up in such a short period of time then you're gonna have to live with some of the drawbacks or drawdowns on the way back in because we're basically back to wednesday wednesday morning on arm is where we're sitting on fed day so you know i don't think it's that crazy but you know i said like the amount that arms a long-term holding for me and so i only ever trimmed like 20 or so i've already
[00:51:42] Speaker 5: done my like 20 off there goes 165 breaking right now on spacex so it breaks it goes down a dollar so this is why we hold on to that one we got that idea and thank you so much why the long is exactly there it is right there well it was fine but there it is right there great advice for shorts and scalpers it helped everybody in that segment you are 100 welcome that's why we talk like this that's why we do it man that's why we're here so thank you so much for that uh mad respect uh for you over there and glad that you're listening man i mean the more people that listen the more we can learn off of each other so shout out to that one hey man it is what it is and that's that's part of it so here goes spacex right now six dollars now in the money and going lower so now 163 so here we go right now uh as we go um 163 so i have some stuff there at one i'm gonna cancel i have a 162 i'm just gonna move some shares around here i'm gonna go to 162.50 right now put a bid there and see what ends up happening but there goes two dollars on spacex on i don't know that slippage was probably huge here goes 163 right now yeah massive here goes 163 to the downside bang let's go guys this is what we're talking about this is why we don't give up the short and it's a nice move to the downside right now as yeah man we are pumping this through uh right now i'm sure i won't be here three or five days this week but the two gentlemen uh beside me neil and joe will be here carrying you through and they're gonna have some bangers uh as well but there goes spacex nice move to the downside it's seven dollars on spacex short and it's seven dollars on marvel long so you know depending on what space you're into and then two dollars on nvidia so you know so far so good here um you know we're we're doing well i think and it's just spacex man i mean we talked about that last week it's been a good ride on spacex so far did i get that 50 no not yet but we're still on this name we're gonna see how low it can go but here goes spcx looking for 162.50 right now hopefully that gets in but who knows oh there it is uh give me two yeah there it is yes sir so nice move there at 162.51 right there for spcx and uh yeah man there's seven dollars now everyone's got your stink in the money yeah hopefully you guys got him in there i think 150 is is a good spot i mean we're gonna get 150 this week if you've been
[00:53:57] Speaker 4: waiting around for the 150 phil i know i threw a bid down in there to pick up a second tranche uh for myself but like this is the slippage i was sort of talking about like remember you know when that one when that 165 breaks like if you're scalping a long trade it only if you take 20 or 30 cents you're probably not able to only lose 20 or 30 cents on the way out i think you lost instantly a dollar and so that's that's kind of the issue with the long trade going out in front of it yeah it's easy until it eventually breaks yeah until it breaks um what no that's not that's not true uh big rudy smasher we're not getting yannis but uh well we would get him but as long as we don't have to give up anything i i would take him oh i'd love for the rafters to get him but that's not gonna happen so we appreciate you i would be a huge fan of us getting it uh just very quickly i'm jumping jumping out we said we look for the retracement on smci back into the prior highs so this little triple top in here we'll just take we can get give it gets about a point and a half there but i'm not thinking vwop retracement on smci again just gonna look for that more measured move i think i can always try to get back in if we lose like underneath like 35 like 60 or 70 and here the three quarters i can jump in and take another jaunt but you know for now just want to be able to hit it and quit it and move on to the next and yeah i'm kind of glad that i held off in adding spacex but i think tomorrow i might get to fill tomorrow i'm going to say tomorrow at 10 47. yeah i could open up near that one gonna hit in my get hit on the stink bit which i actually don't know the because it's i have the bids on the cdr so i don't actually know where it is i'm bidding in front of 150 but in theory it's somewhere between like 150 and 154 because we're going to take it in the cdr which is like one sixth of the price uh to be able to add uh yeah tube says we're likely to go back to the ipo issue price yeah i think that's possible but i'm not going to wait around if i'm trying to build a long-term position in the stock i don't need to have the absolute bottoms every single time i think you get too picky about these things and you find yourself in trouble you know even tesla's starting to lose a bit a little bit here what else is strong that might go nokia nokia was strong nokia's breaking trend first thing i think about with the market rolling over is let me find another trend break i'm like nokia was one that was trending up there it is breaking the trend line so i'm going to pop short over in noc which we can short for free so trendline great from bwop probably whoa it's because i had a long stop in there already so i literally just punched myself out for a penny winner because i had to stop the second we got in i'll just jump right back in the same trade so 14.5 ish is going to be the out a little bit of a trend break happening as a market headed to the low es almost at lows nasdaq maybe a couple of points away from the bottom and not
[00:56:54] Speaker 5: much really stopping us from getting there i don't think um okay so here we go this is in case you guys were wondering when i was talking about this is it in toronto so you know it's uh down it just goes the same way so it's down 10 you can see over here as spcx down 12 so they still don't have it right um the exact pricing between spcx and the cdr and spcx in nasdaq so you know they still don't have it right so this is like even if you go you can check out nvidia does have a cdr as well so this would be again 46 bucks versus 210 or whatever nvidia is right now and you can see this one nvidia.to down 0.36 and then nvidia on the nasdaq down 0.98 so you know sometimes it's the bid and the offer the spread that's there the exchange that gets rebalanced at the end i think it's of every day uh for that so there is going to be slight differences in you know the nvidia.to versus the nvidia here in the u.s right and so you do get some difference of prices and percentages there so i don't know for me spacex isn't necessarily that expensive like i i i kind of buy the other names like the metas and all that like if you go to meta over here.to you're going to see right here this is 30 as opposed to meta in the u.s is 500 bucks right so uh or whatever it is these days uh meta so that's a little bit of a different you can only throw 30 bucks at it as opposed to in the nasdaq there and again they're a little bit they're a little bit more aligned here 565 for meta so just a little bit of a difference there in between the two and there's even like even walmart has a cdr so there's walmart oh we don't oh there it is yeah dot uh toronto so that would be you know down and look at the volume right not day trade a bull and sometimes that's where you get like a four cent spread not doing any volume 73 000 shares when if you go over here and you look at walmart and the nasdaq with five million shares you had nine million shares so and much cleaner and much easier to look at and much easier to chart so these are the things and um you know you can look at it both ways it's not great obviously those cdrs um investments yeah yeah to hold on to you'll be fine but you know we're definitely not trading those i mean we're just sitting here watching for this trade i mean there goes spacex and if you guys do want want to follow i think adara's you know we all have our instagrams and all of that it's up to my beautiful wife of course uh and then here's spacex we tweeted this i mean if you got it this is four hours ago we put this out when we started the trade that was at 170. came back gave you that exact same fill again i haven't even updated this so there it is right now and now you're at 161. so shorted spacex through 170 here that's what we talked about and there it goes to the downside so you know it's just some ideas that we have every day and there goes spacex to the downside and like i said i've been if you look over here we've been trading in a lot recently spacex oh there's an intel one 130 that was a good one here's spacex here's spacex on june 18th there's me shorting it again into the close that was 186. so although i do like spacex that's post malone that was a good concert although i do like see these are another thing you got to look for out here tops and bottoms coming in that was tesla right there coming through again but anyways as we continue to go give us a follow there and hopefully you're able to make a little bit of money with us and there's spacex now eight dollars in marvel other way man that's eight that's six the other way but marvel's about to break 304 so you got to be careful with that one coming back into the upside now at 305 we're taking some fills here so we'll you know we'll end the day you know at our highest spot well green now with our oh i want to show you this one this was the losing trade today for me that's it nothing else uh and there's palantir right there long worked could have got it all out and then we wouldn't have a losing trade but then it came back in into the 200 period we bought some 126.85s we lost it at 126 uh 50s so because that was probably a unit maybe something like that um that that hit us uh more 30 cents more than that 30 cent winner did so that was a nice move back in for palantir shorts and congratulations anybody that had that palantir short again man it's just uh it's a different kind of day today that's for sure
[01:00:56] Speaker 4: david again we got a super chat this time from david membership super chats all day long number one lesson in options is unless you have the bankroll and the patience only trade very liquid high volume or you can get stuck unrelated spcx uh dip buy i know we've been talking sort of ad nauseum like like personally for myself i'm like i'm dc-ing into this thing over the next let's just call it year on spacex so 150 ish on the cdr 135 ish or the two next levels all by and then i probably unless something crazy happens maybe the back end of the year uh we'll start to wait there but i do agree i think in a general sense you only i mean you can you can pass that lesson on not just options that goes with just about anything you trade small cappers you want there to be volume like look at all those halters that there was a halter this morning that had done like 150 000 shares or something in volume well you get so how easy it is to get stuck in one of those and you can't get out of it liquidity is such an important part of any kind of a trade i don't care whether it's options or equities it's all the same thing um crypto heck it doesn't matter like you got the quantities liquidity is a huge portion of anything you're doing in trading because if there isn't enough liquidity that's when you can get some outsized losses on moves because you cannot measure your risk if you can't get out where you think you're going to get it let's go back up to the desk i believe we'll see you
[01:02:29] Speaker 6: seven percent at the moment let's take a look at the sectors we're going to talk give me one second about that so alpha let's take a look at electric technology we have nvidia negative one percent we have apple currently trading flat avgo uh down 4.13 mu is up for almost five percent on the day well we had that uh upgrade that mu received earlier in the day uh micron has been rising correctly so after bernstein raised its price target to 1300 from 510 dollars uh we also have intc currently up 5.07 miziho raised its price target earlier um to 135 from 128 we also have glw that's corning incorporated up eight percent on the day maintained at hold by choice uh securities moving on to tech services we have google pacing for its worst day in the year after the ai concerns and the high profile exits that we've seen on wednesday and on friday uh currently down almost close to six percent microsoft down three percent it had that massive microsoft data center fuel funding story with chevron project kilby that expected to consume nearly 2.67 gigawatts of electricity and then we have meta oracle netflix palantir all in the red still sliding finance is a bit of a mixed sentiment lots of green though jpm bac ms all up in the green over a percent jpm up two percent retail trade we have amazon down four percent on the day it's moved its prime day from june to july for the first time since 2021 and bank of america is expecting this to generate 21.6 billion in um goods sold we have health tech is looking pretty great today lily jnj in the green abbv up 6.34 percent we had that news with abbv as well they've agreed to buy apogee therapeutics we mentioned it again and again today consumer durables we have tesla up 1.5 percent producer manufacturing looking in the green caterpillar up 3.3 percent with that news we had today uh consumer services lagging a bit behind majority in the red consumer not durables bit of a mixed sentiment whereas other sectors like utilities process industries transportation industrial and health services again a big mixed sentiment lots of green not too much of red and a little bit of gray hoping to end the day in the green sending it to you
[01:04:57] Speaker 4: you broke the prior bar so i'm going to jump out of that one at 50 14 51 we're in at the 45 out of the 51. again you know i like these trend breaks it was a little bit better with smci obviously but that one yeah it's still going sideways if this can you know what if this can maybe re-break hold the prior low hold the prior highs one two three it's about 35 65 as we were saying before and then break this a little bit of a downtrend could be a bit of a reversal but i'm not at that point yet i'm still thinking of the short side of the trade and it was oh you know what there's a lot of questions about nvidia but we'll go back to the left and then we can talk and answer some questions guys volatility
[01:05:39] Speaker 5: creates movement and for sophisticated traders movement creates opportunity beta pro by global x offers canada's first and longest running suite of levered and inverse levered etfs built for sophisticated investors who understand the risks of leverage and the etfs tied to the nasdaq 100 index are designed for daily tactical trades providing amplified daily exposure and giving traders tools to engage with both upward momentum and market pullbacks these strategies are currency hedge seeking to offset us dollar exposure back to the canadian dollar for those navigating short-term market moves up or down beta pro offers the flexibility to act with conviction whatever that looks like for your individual strategy objectives and risk profile trade tactically learn more at beta pro dot c a yeah some fatal some fatal tesla crash into a texas home but this is um it's old this is old they're just looking at it uh right there so yeah there goes tesla right now and by the way spacex now below first day's closing price so it gave back everything it's made i remember when i was up here at 225 i was like it's probably a good sell spot people were thinking when moon but there it goes man when fall down there goes spacex right now as we continue to hold on to this and i don't know man maybe 160 is a spot that we start to look at but yeah nice downside play really proud of not worrying about this move as there it goes breaking that 165 and then see uh later on that break through 165 on that break through 165 if i didn't have shares we would have tried to punch that but that's a nice move to the downside there for spacex and now we just got filled right there at one i mean i'll tell you the exact price 160 63s so there we go man that that was a fill i don't know if that's going to be a good one or a bad one by the time we're all done with but there goes tesla nothing but love for the downside on that and then there goes nvidia as well so man this has been i don't know i shouldn't even take any time off but we will uh there it goes nice downside play for nvidia as well um you know from the riches come to spoil so we'll do that a little bit of that tomorrow but nice move down for nvidia as it is still getting lower a call for them back there i believe so then let's go so wait and see
[01:07:58] Speaker 3: here guys i googled this i didn't find anything so just be careful but wall street journal apparently reporting that the national highway traffic safety association or nhtsa has opened an investigation into a fatal tesla tesla crash near houston that occurred over the weekend we already knew what the crash the investigation potentially happening could be new but again when i googled this i did not see the wall street journal article immediately that doesn't mean it doesn't exist that just means i couldn't find it so if there is anything here of course we'll keep you posted just seeing this article now so this does appear to be real real again wall street journal reporting that the fatal tesla crash recently in texas is now being under federal safety investigation specifically from the nhtsa back to you okay i feel as if that would be assumed the investigation
[01:08:46] Speaker 4: so when i read that story like i don't know i just kind of assumed they were already investigating but if it's now official and that caused a volume spike for what it's worth you know tesla seemed to it the market's going down so i don't want to tesla seemed to bounce instantly back that said the market is going down so a little bit of weakness in the market might give it some more follow-through but they did buy that candle up it's almost as if when the news story like that happens the algos dropped a bit and then you get a little bit of selling makes it seem like it was a lot of selling and they fill in the gap so if it gets back above 06 then you can kind of feel like it's ignore that uh late reported or assumed story and it just goes back to where it was before because tesla was strong in the face of that of obviously unfortunate tragic accident in the face of that tesla is one of the strongest stocks this morning it seemed to absolutely not care and then i think you throw in the fact that there's i think there's some proxy buyers in spate in in tesla and thinking okay well if there's a chance at a merger if i just hold out and buy tesla which i like then you can end up in space stock spacex stock which also makes sense and sam's we see you can talk to microsoft in a quick little second but a topping tail so i'll just try to jump in take a second shot at nokia which is basically the same trend break as before and it held the line i don't like holding past like i don't like holding past the prior bar but as long as it holds underneath the high and gives me a topping tail does give me another shot to get back in so microsoft you think is that support stop me if we've heard this before where we like and this is of course going to still be nokia so i'm just going to pop up yeah i'm going to pop up a higher time frame chart of microsoft man obvious chart looks gorgeous by the way support levels of support until they're not so if you look at like yes it's at support so this bounced off 350 april of last year it bounced off effectively 350 in march and it's heading back into that something looks a little bit different this time you know what's different uh-oh look at the double top at 550 look at the lower highs which you could say is some kind of a weird looking head and shoulders but it's about what a head and shoulders means like what the head and shoulders means it's like now you're you were putting in higher highs now you're putting in lower highs going into that support level that's like whatever like the pattern looks like who cares like what is the pattern actually telling you and it's telling you a little bit of something different we're losing the 200 on the weekly chart right now on microsoft so it's still a little bit out of favor at this point so yeah you're at a little bit of support maybe you catch a like a day trade or like a quick little swing off of 350 but everything about this seems like it wants to at least test that and it's doing so weaker than the last like here's it bounced way right off the 50 period so 200 to 50 to back down underneath the 200 for for microsoft and it just has to do with software not being the it not being the it play and you can say the same thing about like palantir lots of support level it went from support to the 200 period moving average exactly like it did before and then very similar this on the daily is what microsoft's doing on the weekly kind of head and shoulders and now breaking down momentum is momentum the momentum's going in the other way uh unfortunately uh for any of the palantir holders well i mean software holders i should say and this is why we kept getting questions about ibm today it's all the same thing service now palantir ibm microsoft they're all falling into the same dump right now and i i just don't think you want to be if you like it and you're thinking that there's value then you know you can always dca into things when there's we have no sense of value like that's kind of what i'm feeling about spacex i think it's more of a dca than anything else i don't really feel the same way about microsoft personally but i already own it's not like i've been selling anything in microsoft i haven't touched i only have bought or sold microsoft in a decade to be honest with you i'm probably i'm probably like a lot of people though
[01:12:46] Speaker 5: i feel like it's i don't know a lot of people just holding on to stuff well that that stock in
[01:12:50] Speaker 4: particular i don't think that it's really been oh it's i think it's that exciting it's i think it's still fine but i haven't bought or sold that stock in a very long time amd ripping okay um yeah that's
[01:13:00] Speaker 5: gonna be good hopefully marvel can rip as well i mean that's the only name that we're long right now and i mean you still got spacex on like despite me getting out like all this way you know we're just getting out small pieces on the way down and it looks like it's going to break 160 so i just want to be able to see you know what kind of size is there i mean it doesn't look like the ssr rule is really affecting this stock whatsoever as we just keep on climbing man um this has been a great afternoon just holding on to the winning trades that we do wind up having and spacex i mean whatever our last out is right here at 160.50 i think we actually have two fills there uh so we'll we'll just hold out i'm now we'll just hold out for a 160 break i don't have any other bids there i guess i could cancel my 171s and 171.50 i think that would have been a reload right there if i was here but was not and the reason why we have the 71s out there was because that was going to be uh vwop at the time and that just never came through except for when it did and we we missed it but we still while we have those shorts it was just right there that we don't have so that was a good one and now you're coming back into the downsides let's talk about a little bit of something else we just talked about smh that's trying to go what about nvidia if that's going to go as well amd ripping i see people in the chat there goes nvidia i mean we're short nvidia good covers obviously they're at the low of the day we have a 308 fill right there in our account so that's pretty good that's the low of the day we just got on nvidia we're taking a bunch of lows right now so it's all good i just keep watching my net it's going higher because you know the names that i'm long at are actually working long the names that we're short at are working short but nvidia just because we have i have a little bit more shares left and nvidia than i do spacex marvel is my weakest my lowest amount right now but nvidia was always going to wait it was 209 50 right up there that never broke now we can go to 209 basically flat if that breaks that's your 200 period break we could get out of it but you know we'd have to want to do that the reason why this is all dropped down is okay here we go spacex getting closer so here comes 160 we'll wait to see if we do see some kind of size there so that's 30 000 shares every single one on here is 100 shares but as you can clearly see there's so many prints that go through if you guys have a live time in sales on your platform you're seeing a lot of trades go through that are not even sent trades they're all you know in between or they're dark pools so despite only like showing on here 500 shares right now at two two and a one we know there's way more there's 350k on edgex
[01:15:22] Speaker 4: alone oh yeah yeah yeah and that's one gateway yeah there'll be a million at least a million oh yeah yeah and then five five x behind the book generally yeah there's so many dark pools uh out there right
[01:15:34] Speaker 5: now so here we go man although you might be thinking like this dude has ten dollars in the money but it doesn't i mean we also had five dollars in the money right there at 165 and we let it break so let's now wait to see what winds up happening right now as we get low low low low low here in spacex and we'll just zoom down and we'll be able to see very soon just a couple more level breaks and then we'll see what this 160 looks like for sure um but for right now it doesn't even really matter what it looks like we got it just brought it right through 165 which did have a lot of support there 165 gave you multiple dollars numerous times until it didn't and there it is so now you're seeing a big amount of shares here a couple that that's already a couple million just sitting there um so it's gonna take a bit to get through this level but hey i'm here for it so i hope you guys are as well but i'm not you know we've already made obviously we've made our day on this but i'm gonna put another bid right now at oh six is and we'll take we'll get it so we take out another fill right now just in case this is for some reason a wall i don't think it will be but we're gonna scalp out of that right now and um yeah just continue to watch it out that's we're now 17 in the money on three positions yeah there you go
[01:16:42] Speaker 4: and that's what it's all about like try to make that bank when you can because you never know when the tide's gonna ship my my suspect suspicion is you might sit here for a few scalp bounces i don't personally think the long you can try it why can't i scroll down oh my scroll bar is not working anyway it doesn't really matter there's about a million two or something like that for some reason i can't scroll to see the rest but that doesn't really make a big difference it just comes down to the slippage at 165 you slipped a dollar so if you were playing long in front you had to be making over a dollar for that to work out so no matter how much is on the bid i just don't know that doesn't make sense you want the reason why i think 150 will be different and 135 will be different is because i expect those to get heavily defended by the by the market makers like that's just that's their job they don't want it to go like red red 150 is like red red and 135 that's just a different beast as far as the break you can chase a dollar if you like but i think that that's that's also very iffy i think the best way to look at the long is if it false breaks then i think about a long trade like break 160 but then the first move is to immediately reclaim it and then if i and then see size in the bid then try to grab it the second time through so that's that's probably the play i'll look for i won't sit on the bid in front of this thing i'd much rather see a false breakable level and then try to grab the reversal on the way back up because if you if i see that happen and it breaks 65 i know you'll be able to get in right and then i can throw a stop back underneath and then you can be good to go so i'm going to be watching this for the breakdown but i'm not going to try and grab that with the slippage that we saw with the last one but yeah 1.4 well 1.3 to 1.5 so there's probably at least six or seven million shares on this bid here we go there were a couple of owl and pins if you're looking at it and then the socks s 3.8 to 4.5 million shares early looks but my guess is everyone's gonna be watching the 160 level
[01:18:39] Speaker 5: instead yeah i mean i'm right here yeah i'm just sitting here watching that out for this like we kept saying man i mean it's been a really good uh money maker and we'll just watch it break break 160 um right now yeah we don't have enough muscle memory um to take the long here because we haven't seen it break uh yet and here it goes right now look they're just chipping away chipping away chipping away oh wow they're taking some big swings at this one that's now a couple hundred thousand shares taking off the clean book right now that's nasdaq there it is trying to stack up the offer right now and these are all remember these are all traders that need to sell that and you know what we're talking about there we're both talking about it at 165 which is why i'm glad i did it it gave you a dollar fifty three times you know so that was the maximum there this one we don't know what it's going to give you so definitely do not stand in the way but you could you i think you're gonna have enough time to punch out if you want so you can try that but here it comes 160 right now definitely looking at that barrel of a gun right here like you're playing russian roulette trying to go long and not and hoping that some big whale you know doesn't come in and sell a couple million shares against that 160 because remember it's now ssr so either you're able to borrow them and you know you're shorting against maybe some inventory that you have or don't have but you're not you know you can't hit this 160 unless you're already long and getting out either out of your position um or i i don't know maybe there's an options play that you can do but for right now that that's a little bit of an issue um as spacex trying to hold out on that 160 right now it's done 120 million shares probably its lightest day but again we were short this name at 10 o'clock so it's three o'clock now so we're just trading this name all day we reloaded it for four times you know so yeah definitely thought about this name as a short into today so that's what it's doing and here it goes i think this time it's gone so there you go 39 22 i'm just looking at the nasdaq right i mean this exp will go right away so there it goes it's it's now it's about half of what it was before now other gateways are now gone here we go people are paying the piper executing against nasdaq and it's going to break in the next stop like 159 maybe flat uh and there so now you'd punch out if you have a thousand shares or something just punch out get out there it goes it's gone instantly down that's an old quote it's gone instantly down 159 40 nasdaq having problems 159 30 there it goes let's go everybody get amped up there it goes eleven dollars now as we continue to go low low low there on spacex now you're at 159 just look up here this is the levels you want there goes 159 to the downside and again man we posted up this short a long time ago happy to be in this we talked about it at 165 there goes 159 man i mean maybe it's too low i'll take a bid all right i'll punch out we just take a little bit of a bid there at 159 15s but sure to get low and we're putting some money in the wheelbarrow today man there goes a nice move downside for spacex so yeah what's up mf dean generous man really appreciate you yeah every page
[01:21:37] Speaker 4: is made the month there we go there you go that's what we're talking about it's been that kind of a stock i think every single time you try to trade it although if you're buying and holding it that's uh getting a little bit nasty but you know what you got to like it in the long term adera
[01:21:55] Speaker 5: mike you're muted go ahead oh go spacex well i appreciate that adera i appreciate the short there are you short by any
[01:22:04] Speaker 3: chance i may be i may have started at 165 and you know had a girl had a girl had a girl i like that
[01:22:11] Speaker 5: one i like that one i'm glad you uh were watching and glad you took that one so shout out to adera there um trading spacex with your boys so good job there adera um and i don't know joe are you in spacex right now no i'm not sure no no i mean on day trading no no nothing okay he's not he's not in it he's hella long he's hella long spacex right now um but there it is man 158 and change we got a good trade here man now it's 11 as we continue to go downside we've had a great a great couple days on spacex since it's ipo man it's been absolutely huge oh my daughter's game is at 6 15 roger that one there she's in the finals for a four on four tournament today so i'll be uh doing that tonight and man she is something else man i really that's amazing oh what's up tps reports there it is uh you're in this one as well so oh here we'll get rid of that one um thank you for that nice talk but yeah everybody right there going going going gone right now on spacex so yeah you know we knew it was going to be huge volume we know the opportunities are there i'm trading stocks obviously that are moving i mean we've got marvell we've got nvidia we got spacex you know there's lots of other like that s dot has come and gone like i said small cap names you know are fun to trade but i haven't really seen you know a whole bunch of money being made on these names but there's a short there 12 into six like that's a crazy reopen it's just you have to know something about these names to be actively trading them like that right there to lose six dollars uh on a reopen but anyways it's now tapping 620 uh there on a 577 so yeah so far so good here as we continue to watch out for some of these names but uh just congratulations everybody that's on this short and i know what joe was saying there about long term i mean there's a big difference yeah of course no of course that's why i wanted that's why i just clarified with him i didn't know if he was short intraday with me he and i trade very similarly it's nice to see adara short with me but at the end of the day i think a one if you're waiting for 150 i mean buying 158s you know when you look back at six months or whatever whenever you do i think you're not going to worry too much about eight bucks uh here or there but yeah it's falling back in and as these knives continue to slice through the stock price you're now below and i think that that's important that when i when i announced that when that it happened you know that break of 168 like you're now below its second day's close like you actually you go up to 214 but it was that low right there uh 168 that wound up breaking that once we broke 165 those buyers were just gone there really hasn't been a buyer which is why i think it was so important that 165 there hasn't been a buyer at all since 165. this is the afternoon load you know yeah so yeah it's the afternoon load so i mean just coming in and i don't know man um really happy with this and i hope you guys are on it as well congratulations anybody on spacex maybe you buy sell your spacex now and buy some netflix i don't know netflix down six percent right there now down 73 dollars now for netflix a lot of us holding holding the bag oh i like some google for sure uh i'm not going to buy netflix i don't want to do that but that's a nice move up there for netflix and yeah i'm going to be underwater on whatever i most recently yeah netflix was a huge move up from right here oh you mean from there yeah 71 bucks up to the upside there on netflix and you know you can't you can't worry about the money that you made or lost previously you know you got to go into into every trade with sort of a fresh look um which has really been working and you know we're just going to continue to look at all of our opportunities like that um you know look at this nvidia short right this is now bleeding into the lows of the day again you know so if this fits what i'm trying to do which it does i'm going to bid out one more time uh right there on nvidia and take that one to the bank nvidia short printing marvell long printing spacex short printing and we want to go long here on the one and the only it's one with uh adara back there at the desk in a day that's been full of headlines
[01:26:08] Speaker 3: involving the usd and the yen we're gonna get into the asian markets what happened last night and what to expect tonight here with us as he always is at 11 30 a.m and 3 30 p.m is one good afternoon one what
[01:26:20] Speaker 7: can you tell us about these asian markets good afternoon adara so basically a historical night in the asian markets basically south korea rising about 0.68 the biggest story is sk hynix jumping up 5.6 percent and overtaking samsung in market cap so that is something huge to watch out for even in japan we got some huge record breaking numbers the japan's nikkei 225 they rose by 1.55 percent and they also reached record highs and that was mainly driven by j front um retailing that was up by 16 a lot of uh capital being attracted globally despite some of those macro headwinds that you were mentioning about the yen but uh here's what you need to watch out for for the opening in a few hours time anticipate some defensive trading especially ahead of the uspce index coming in later this week some overnight hedging in western bonds could raise the regional yields and also impact that of tech valuations uh we also take a look at sk hynix volatility so they reach record highs and we've got to monitor the seal open to see whether or not there's going to be some profit taking or some short covering momentum so that will definitely determine the cost piece direction at the open later keep an eye there on that asian
[01:27:42] Speaker 3: market thanks again to one you can see him every day at 11 30 a.m to cover the euro close and at 3 30 p.m to talk about these asian markets thanks again see you tomorrow
[01:27:53] Speaker 4: thank you always to one and another valuable member new member of the team and valuable member of the team for those that you that are asking is beyond every single day given asian market updates um which by the way uh you already have access you can look at dram if you want to be in you know a couple of those memory names sk hynix samson sk hynix looking for us list at some point i don't know when but it is going to be it's very likely going to be coming oh we're going to get back through 160 i looked over the cdr so close it just has to break the low one time but uh that tomorrow might have been today for me but it doesn't look like it i think i'm still a couple of percentage points well i i actually considered logging into just being like whatever yeah exactly but what it doesn't matter like if i nibble in like another like eight percent tomorrow morning or today it'll only be off by like a couple of dollars and at that point like who cares i'm talking about spacex obviously so i'm not going to log in and do it now but nokia is catching a bit so took the second salvo here it goes right into the prior which is again always what i'm going to be looking for a prior high into this high and then into vwop but you know this one can get back above this break even like 50 or i'll just jump out of it we're able to get something out on that second move but it doesn't look like that trend break is going to be as big as we would like and then spacex 160 i don't know that it's dropped far enough it's still holding the 158 so if it can put some kind of a trend break pull the higher low back into the 160 that could be a bit of something it is 330 it wouldn't surprise me it wouldn't surprise me if this actually had an imbalance on it you have to remember like this thing like this thing was an index like it's being passively added in index accounts so you can still expect to see some action on it it's msci at the end of the week that it's going to be added to so friday that's the big day if you'll forget the spacex is a huge expected buy for msci on friday so there might be some nibbling on the imbalances if you see a buy imbalance you shouldn't be surprised at it for this week yeah it'll be
[01:30:01] Speaker 5: that'll be a sell when that imbalance comes out uh shout out to you thank you so much full photogger photogger master class on spacex well i don't know it's just a trade but um yeah we want to thank you for that i'm actually just as happy like this nvidia trade to the lows of the day i think that was you know almost just as good i mean not just as good the you're right i mean that was that was a good trade on spacex i can't can't whenever you're 11 bucks in and we talked about it we actually mapped it out four times uh and took it all four times but um and then also i like the marvel trade off those lows just because it did come in like we missed it there like that would have been probably better because we've been live on the air we could have you know really seen it go but you know this was a pretty good take down there too all the way back to view up and then just getting out now as oh wow there's i didn't even see that pop upside right now basically my net is is not moving around too much anymore we're pretty much out i'm just gonna i'm gonna exit out right now of some more of this we're pretty much out of everything now oh uh on on most of these names so we still have some shares though uh to run through so we'll see where we wind up going i think spacex remember we had that poll i thought i was going to close above 170 so i was definitely eating crow on that one that was not even close to being right it was like 70 yeah exactly so you guys definitely nailed that one on the short there as it just continues to bleed down down down and there it goes man spacex again new lows that low is not 150 uh it's wrong on our system so we'll just go into there 158 bounced off clean so you know we had a bunch of bounces like we said they're off of those key levels uh back at 165 and gladadera took that short and now you know whatever there hasn't been a buyer since that level now you're down 14 and giving everything back except it's day one so you know we'll have to wait to see where eventually that winds up coming through but spacex to the downside there that s dot um opens closes this is like really the only one that's been halting around now and this has just been a wild ride like i said i don't trade these names it's only been open for less than a minute every time oh i don't know what it was doing it was doing nothing and all of a sudden it broke lower halted opened up again at five halted at six opened up again here at at 650 closes halts at seven on a move higher and now you're tapping 830 so there's been a wild ride for sdot right there today that is for sure uh fr and i'll go over well the problem with that one is it's it's
[01:32:26] Speaker 4: floating like it's floats like a million shares it has basically no float yeah it's not uh the
[01:32:32] Speaker 5: greatest trade that's not the greatest stock uh right there and then frgt was one that had halted a little bit earlier as well doesn't really seem to be too much kicking around on frgt right now i did like apple around three bills the market being down today i don't think that ever got well okay apple right now as if there was just news or something on apple that just had a huge move from 299 down to 297 there that's just random that i called that up there goes apple
[01:32:59] Speaker 4: yeah i don't know what's up with that i didn't hear anything in my ear in the last few minutes and i'm just checking the old x machine let's go up to see us see if we have anything on apple
[01:33:08] Speaker 6: um i'm gonna keep looking for apple not seeing anything here but just for now psky establishing new industrial relations division and appointing nicole lang and sheldon kazdan as co-heads just another news keep one eye out paramount skydance establishing new industrial relations
[01:33:27] Speaker 4: thank you there see i just did a quick search on x and not really seeing anything except for people asking what's going on with apple so yeah no that's it's a pretty decent volume spike and obviously the market hasn't been having a good day but the nasdaq and the es did absolutely nothing in the last couple of moments so this could just be an apple thing i think for i mean apple 300 but the apple apple once again has managed to make a low off the 50 period on the day on the daily so the sma the simple moving average on apple at the 50 period has looked pretty good for a spot but how many times can you reject 300 and get a lower high before eventually the floodgates open up and you just don't catch the bit anymore for now it still looks okay which i wish we had the story as to why it just had a little bit of a move uh into the downside there because apple just feels like i don't know it'd been a bit of a relative like safe haven you know if the market's not falling all over itself and apple usually isn't doing so uh at all just to reiterate this the early looks here a couple others to add socks s already out an owl and pins were all the big three ones there's nike there nike and gap for a couple of bids two million each so i guess a little bit of retail names that are getting destroyed that have bids on them but interesting because they're at the lows of the day nike i don't know like a stone's throw from making another break of its lows so bad i heard them talking i heard the midday guys talking about lululemon and um i forget the context of why we're talking about lululemon but also nike and it's just it's so hard you can have a great brand but it just doesn't make a difference once you're out of favor or just because you're making revenues doesn't mean you're growing that you can still have a viable business okay now i got to be getting filled where is this thing oh my
[01:35:17] Speaker 5: god yeah i got to be filled by now it may be no no not uh 13 dollars two cents we just two okay good you're gonna get it then because here it goes close we're gonna cover this man as we keep on going to the low side there goes spacex like we just wow um just move it at this point yeah no nowhere nowhere to look here just close your eyes man it is spacex time and it is that short like that is now 14 bucks we're we're going lower 156. what's up sia with money talks
[01:35:50] Speaker 6: yeah we're just gonna i'm just gonna do money talks real quick and i'm gonna send it right back to you so reuters reporting that christian uh chris sorry christine laggard has urged global readers to also discuss china's currency weakness as part of the imbalances that are threatening this world economy the pound and uk government bonds also holding a little bit lower on the political uncertainty with markets already pricing in a possible leadership transition that might happen this september and japanese authorities finally keeping markets guessing as possible on that currency intervention that we also uh broke to you earlier this morning which is keeping traders in alert for volatility in the yen sending it back to you
[01:36:31] Speaker 5: back to us hey okay about that i'm buying some google right now yeah it is like whatever i'm not
[01:36:37] Speaker 4: like i looked at where my order was on that cdr and it's like what's the point i might as well just get it if i'm sitting here like dcaing then why would i sit like another point and a half underneath if it's just i'm just gonna get picked up at the close right here uh anyways and that's this is it in toronto the truth won't look right because it's actually we said we said last week that elon
[01:37:01] Speaker 5: was losing seven billion dollars yeah but every dollar so here today this is the most amount of money ever lost by one individual unless it's me betting on sports 180 right there down to 156 so right there you're getting 24 times seven billion dollars so you know you're losing a lot here elon but you know he was also gaining a lot on the way up and that's part of the game and that's why we you know look and don't look at the accounts as you go but i have to look at this account because i gotta be flat at the end of every day and there it is man 13 in the money right over there marvell keeps up working and i just got another piece out you know the high side of marvell so you know happy with what that's been doing now but yeah as we continue to go on this would be the most money ever lost uh by any individual on paper uh it goes with the territory that's what i mean
[01:37:50] Speaker 4: i mean he also made the most when you get to that point you know so i think you don't mind having
[01:37:54] Speaker 5: that record yeah yeah i think you know one's starting a gofundme for elon or anything like i mean
[01:38:00] Speaker 4: they could if they wanted to they're just not going to get any love but um yeah there it goes so
[01:38:04] Speaker 5: we just got a good good cover down there let's just wait to wind up seeing what happens now as we're back back into 156. remember ipo day right 150. um so you know that's coming in and like if you if you had some yeah the open if you had some fomo about missing that trade or whatever i had the big i had my biggest trade all year on that trade and if it comes back again let's wait to see what kind of size is that 150. i mean just like we were talking about that 165 break and again congratulations on a dara in the back she's got this short with i um and yeah i don't know if you i don't know if you're still in it or not but they're bleeding down now spacex and uh it's just been like i said a good trade fun to watch fun to be on it there and um not fun to lose money in the pa of course but really fun to trade it here live with you guys another 14 dollars like i wouldn't have thought i would be saying that today but you never know what's going to be in front of you when you sit down in front of these desks which is why i love coming in you know every single day and hopefully putting on a good show for you guys and also hopefully making a little bit of money if if you're interested in following some of these trades and you can always ask us you know are we green are we red whatever the situation is how we've been doing on certain stocks like for me today i've only traded four names you know and it's the three that i'm in and then palantir so i think i like i beat a dead horse a little bit with all of that so not much going on there and you know what else we didn't talk about yet like i didn't even call this up once yet today uso maybe because there's nothing to say you know well it's down two percent and it's had some nice moves but yeah not you know not much going on uso right there at a tipping point right 112 so we'll be able to see if that winds up breaking there maybe a 110 50 break or so uh gets going on uso but as neil just said there's like you know until we get that one headline which i have no idea anymore what that headline is even going to be you know because like who knows what we're talking about anymore like if trump says oh we have a deal what does that mean does that mean usos are going to tank i mean i could show you many reports that there was a deal coming through so i'm not exactly sure i think straight of her moves traffic is very important you know because actions speak a hundred times louder than words as you can see by hopefully by the trading i mean that's what it matters uh there it is right here so let's go this is this is just a it's almost a
[01:40:18] Speaker 4: pertinent question here do companies that listed ipo still try to protect levels or does it not matter to them anymore because ipo was successful there's i think there's an expiration point at which point the the underwriters it's underwriters we're looking for not necessarily uh just the company so the underwriters at some point probably don't care about the issue price about the open price but i think we're early enough on that those things still matter so 135 and 150 if you don't get to 135 until next year no one's going to care about it if you don't get there until like two months from now no one's going to care it may not matter as much but if you get there this promptly then typically you do see a defense and then this is think of it like the imbalances it's not as if just because you get to that level doesn't mean automatically there's going to be like 50 million shares on the bid and refreshers uh there but if i see 10 million shares at 150 then the same way like i wouldn't take the i didn't want to take the long 165 160 like the 135 is an auto buy as a day trade if it gets down there and there's a bunch of people sitting on the bid well that's the issue price and as long as it's there within you know the first month or so then i think that would be a reasonable dip buy but it's not like a forever guarantee like there is some kind of an expiry date on it i don't know whether it's like a quarter but i think we're going to get there soon enough that none of this is going to matter and those those underwriters don't want to have pie in their face at the end of the day and they tend to support those bids and remember they have the option to be buying more shares too okay uh and you also the other thing you have to consider too is remember there's also the passive buying for the indexes like they'll probably throw some bids out in front of those levels as well and all you care about is the liquidity like you just want there to be more liquidity at 150 than there was on these other breaks which i think there will be which makes it a little not safer but just better yeah and it wasn't even that dangerous i
[01:42:19] Speaker 5: mean we were sitting there watching that 160 break together and i was like wow you would just punch out now and you would have been able to do it obviously nasdaq had some stuck quotes there but we saw that bleed right remember it was 6 000 it went down to 4 000 3 000 and every single one of these numbers is 100 shares so i multiply it there's a lot of liquidity there and able to punch out and what i mean by punching out is just hitting your offer enter at that price and you'll get that level when we say punch in or punch out it means basically removing liquidity from these levels and uh getting going i don't know what's on you know what sort of rocket ships got caught under marvell here a little bit but it's trying to go off view up again or sorry overview up and off of the 200 and the 50 trying to go upside right there nvidia we already have the i mean these are every single time i get out is a new low of the day so we'll have to maybe put another one here at 207 80 as we're getting lighter and lighter man and i don't even really want to be in any of these heading into those imbalances like you know i i know some of you talked about making your days and yeah i mean that's what's been going on that's what we try to do every day uh here's s dot here as well another halt i mean as i just keep saying it's been halted open halted open now it's another 880 is the tap there so anybody looking at s dot uh for potential play micron in a couple nights good play i still like it i still think it's a long i i've already i've already been on record saying i would trim some of this right now if i was in i've trimmed myself off marvell off some of those the other names uh arm blah blah blah goes on and on some of the names intel some of the names that we're able to get out of but what is intel i saw arm was down eight percent today okay intel's still holding the bid so intel's still up five and i'm surprised i didn't trade this today actually like i said i've only traded those eight names or those four names sorry but i'm surprised that intel is really not one of them i uh you know like the name but just didn't didn't get didn't get around to trading it there so uh on intel and it was one of the names that was on my oh i didn't have it on the list i had google ibid and marvell uh on the board there so yeah we'll just continue to to look out and see if we're able to make a little bit of cash on those names which it looks like we're doing and there goes i just keep going to keep my eye on spacex honestly guys uh it's now approaching 155. once that breaks this could go to 150 at close today that would be horrible i'm not here tomorrow i wish i was i mean i'd love to take that long at 150 but um we'll wait to see maybe it could be at the close today that's what i'm saying maybe it's going to be there in 10 minutes yeah maybe it'll be there today so you know get ready and we'll see what winds up happening here at the close with uh my new best
[01:44:52] Speaker 4: friends spacex it would be hilarious if it if it came if it were hilarious right now right at like 349 it got to like that would at 150 that would be the kind of like the ideal because then you slap a buy imbalance on it at the 150 level and then you'd be good to go but i suspect that the 155 could go there's only four minutes until the imbalances oh i'm just gonna put spacex on my locator so that that is isolated so regardless if it comes out with a gigantic number everyone's going to see it but if it doesn't come out big enough to be on this you know near the top of this list i want to be able to see it on my own so i'm just going to put spacex there it's still the same names from before socks owl pins uh pmi's penny stock anyone cares about that tfc seems like it's there nike's still a buy but gap is actually dwindling so we'll see if it gets 155 is going to have to break if you're going to see the 150 before the imbalances come out but it's very very close for sure this is getting absolutely well it's woodshedded and it's i mean spacex is woodshedded nasa is taking a hit obviously the etf as well rocket labs so they're all to the downside as the top is now in so here comes the 155 break the three minutes until the imbalances come i'm going to take a shot at the 150 today or tomorrow it's just a matter of which time it might be it still might be today we'll see we got some
[01:46:16] Speaker 5: time yeah uh all right here comes 155 i mean uh it's just going to keep on coming back to me and i'm just going to keep talking about the same because i'm in spacex so palantir making new lows we can go over have a look at that the other name that i traded today and you know when you're going to win like i said i mean today's going to be a big day obviously but this is the one stock that i lost on there it is see ya palantir this is what i want the losses to look like uh if we can stay away from you know averaging in and just doing the right things it makes my life so much easier and we've been having like i said forget about forget about the spacex the ipo trade if you take away that trade which was which which was something um we are still you know in a good mood this month and you know been trading i i feel like pretty well so hopefully we can just keep this you know good streak going and if it does happen at 150 and we get hit a little bit they're fine there's big size again on spacex we just keep this up here and watch it there was about i don't know what it was four million shares yeah they're on the bid so we'll wait to see as that's going to be oh yeah 143 million today 143 million shares done on spacex today and we don't even have the closing imbalance yet which will come out on nasdaq there it goes just see you later if you're long punch out now i this is going to break so you can just punch out now i would think and i will watch this go to collapse and who knows where we're going to get our next fill at i want to put a bid at 154 10 right now maybe there it is watch this is the level there it is so there's the break there see nasdaq book is having some problems but there was the break of 155 it looks like it's bouncing quite nicely off that break so this is the first time where we didn't actually have create it was good slippage there it went down to 154 but it did get bought right back up so that's an interesting play there for the first time we've seen that in a minute on spacex so i think i'll take a cue and get a little bit out so there it is now we're going to get a little bit more out here on spacex and just see what winds up happening now as we move forward with this beast of a name spacex right back through 154 so hey man we're still here baby uh as spacex now breaking lower i just got that bid at one on that 154 10 so hopefully we'll get that bid and then yeah as we keep saying man the rest is history and we're making it every day here on spacex yeah
[01:48:29] Speaker 4: spacex is not gonna it's not gonna hold out till these imbalances come in everybody it just feels like that 150 i already have a stop order in case it flashes down so if we see 150 on the bid my stop underneath 150 is already in place so i don't have to worry about it i don't want to have to be in that situation where you're like oh am i going to do it am i not going to do it because that's a level that just has to get defended if you're wondering what the deal is it's the open price man and it doesn't necessarily mean anything 135 means more than 150 but at the end of the day like this is absolute and utter nonsense okay we'll go to the imbalances for a quick second it's probably not going to drop five dollars in the next 40 seconds but i'm going to leave it up there success is holding but owl and i believe it was pinterest are already starting to pair off so i might throw success up on the side chart over here remember that we started out the day with you know chips kind of being the story so it makes a little sense that you're going to see a five million sell over on the socks but yeah 155 just held you know what i'm going to move the stop order if we're going to hold 155 then a rebound trade might be that price not 150 so let's see if it can throw a buy imbalance in there if it does look for a quick little scalp to the long side in about seven or so seconds we're going to see these imbalances i've got spacex isolated so i'm going to know instantly regardless of size whether that's a buy or a sell and it is a very very small sell imbalance on spacex it doesn't even show up uh none of these names owl's got a decent one came out as expected 2.8 nvidia's 1.7 to the buy side but spacex is 150 was i sorry 270 000 it was 150 000 but now 270 000 sell 2.8 paired on spacex so very small selling balance on spacex
[01:50:15] Speaker 5: all right we just got our 154 10. uh we also got another bid on nvidia uh you know we'll it's just going well like i don't i don't know what else to say like we're now in the money 25 bucks on these three positions so there's nvidia as neil just said i'm just going to start to cover i mean it's 350. it's been good uh there it is so there's my last little bit you know we'll just get out it's a buy imbalance so whatever we'll just punch out now we're oops now we're out of that one as we continue to go we still got marvell that's now eight dollars in the money and that's starting to go higher now as well we'll see if we can get back to some high sides there 308 right now on that one um trump speaking at the white house now spacex right now 154 we just got 154 10. and thanks dan mckayzik and everybody else uh that's that's in the chat man i mean i know you guys have been watching the trades and it's just um i don't want to keep talking about the same trades but it's only ones i have on i keep looking at the chat everyone's talking about it so yeah man we will be firing up the grill it's been a good one there today that is for sure if spacex is my new spacex has only been around for a week and it's my favorite symbol of all time so shout out to you spacex thank you so much uh adara or sia back at the desk thank you so much you got okay no worries uh so we're
[01:51:32] Speaker 6: going to take a quick look at crypto i'm going to send it back uh us president donald trump also talking so we might get some updates from that as well uh let's talk crypto so strategy has disclosed in a filing with the u.s securities and exchange commission that it has purchased 520 btc between june 15th and today uh sorry yesterday for approximately 34.9 million dollars paying an average price of 67 068 dollars per bitcoin uh sorry per coin this acquisition has lifted the company's total holdings to 847 363 btc according to co-founder and executive chairman michael sailor as well the firm has spent roughly 64.1 billion dollars including fees and expenses to build its bitcoin position at an average purchase price of 75 651 dollars per btc currently btc is trading around the 64 333 mark we have solana trading around the 73 close to 73 dollar mark and eth eth ethereum currently at 1730 mark
[01:52:38] Speaker 4: that's all sending it back to you so i did take the through back on 155 but there is a small issue with that trade uh why i'm out of it the imbalance is growing to the sell side on spacex so the first even dollar back through with green was like 155 it got into like 156 8 so almost 157 but the imbalance is actually it was 200 000 sell now it's 850 that's the wrong direction for the reverse like i told you i wanted it if it was a going into a buy imbalance at the close so it actually does it with a sell imbalance but it is what it is i said i'd take the even dollar if it went back through so it was a quick little scalp trade but maybe they're going to wait until the end of the week to do the real buying on spacex when they
[01:53:21] Speaker 5: actually have to uh headline ibm's not up no just it went up again like so this is going to be is this down today isn't it no no it's not yeah yeah it's up but it's uh just making a move now as yeah there we go so president trump does talk a little bit about ibm there and just like he did about dell and we saw dell you know basically make those all-time highs so yeah get ready man it's ibm's turn what's up
[01:53:46] Speaker 3: there he's talking about quantum guys he's talking about ibm president trump praising ibm ceo arvin krishna and the stock's performance he's also talking about investments in quantum from the us here's qubt not moving too much rgti was one of the ones we mentioned earlier was pretty strong here again giving up a lot of that move so as the market moved lower in the afternoon we got a lot of you know giving back in some of these quantum names just be aware here guys quantum and ibm and watch president trump talking as we head into the last six excuse me six minutes of the trading
[01:54:17] Speaker 4: session back to you yeah good timing uh for a little bit of a bit although i mean i wouldn't have minded if he'd let ibm fall a little further i mean that can't hurt either if you think you're getting a little bit of a value i mean why not but uh yeah look we like ibm and we'll continue to do so i liked it before the president was touting quantum and i'm going to still like it after the fact uh spacex is it did just pair off so now you're getting it was a buy imbalance it flipped over to 1.2 million sorry selling balance it was 1.2 million now it's down at 130 so almost all paired off but the only bounce was 55 to 57 that's it like that's all it could do uh still no like no large imbalances that are going to stand out on the big names that anybody cares about so it's still just that blue owl sort of rocket owl and there was a small one on pins but they the little buying that they were able to do like barely lasted uh there on on spacex like the one green candle that's it yep like one green well there's a couple of ones that don't count that are little suspect green candles i suppose like you got some 20 30 cent green candles in there on the three minute but there was one through the 155 i think that means tomorrow is the 150 defend and i don't blame anybody like if you don't want to if you don't take that trade it is what it is but the with that trade it's an important thing there's a big difference between like setting a stop order at 99 and actively trying to punch out on the bid if if the idea is that the not the market makers you know what i'm looking for the underwriters the idea is that the underwriters are going to defend it with a huge size i'm i always just do my best to hit them if they're going down like i don't want to see it go from like 10 million or whatever down to like 1 million and i'm not out like i would be getting out that way you're only risking it like one cent if you can get that punch that's what makes it an appealing here's a hot take nobody takes
[01:56:12] Speaker 5: that trade tomorrow because it opens up under 150 well that's possible very possible yeah i think that's that's where i put my money tomorrow the stock opens up under 150 and um we don't get a chance to do that but uh you know i'm hoping that it does give everybody a chance uh to take that trade i think that would be a lot of fun and i really do think that um you know you guys put some risk on that because i think it's definitely worth looking at there um for a trade spacex and you know just like we put some risk on today and it definitely worked out i just think that this is a definitely a risk on name so you know shout out to everybody doing their best uh on spacex as it's now i i cannot but i mean i can't believe we actually have the low of the day on that name i mean will it will it be the low by the time we close we only have three more minutes left on spacex so let's give it a shot and see what winds up happening here into the lows of the day is spacex so we're covering all out now uh of all these names we only have one little piece left on that and then our marvell that is still i mean i was waiting for 308 it doesn't look like we'll get that we might as well just uh clap out of that one right now on marvell uh we're long we'll push off or enter and there we go we get the 30 so now we're out of marvell and that looks like that will be a good one here for the rest of the day as marvell only down one percent and we were toasted on that we went from like zero to hero when that started feeling long uh there goes marvell nice move there and okay man spacex i have a 153 right now 153 let's see what we get there at the close will it swipe down still a million sell yeah so let's see what happens i'm bidding 153 actually i'm gonna change it over to nasdaq so maybe i'll get that fill uh right now we'll see if they do swipe the bid and maybe get us some longs here on or out of this position on spacex right now 15 bucks there in the money on spcx and what a good day it's been for that we can have a quick look at the imbalances until uh they dry up and it's just blue owl rocket keel cody pins is there 1.2 yeah 1.2 okay uh yeah right into theirs oops uh nope that's snapchat there's spacex right there so yeah 1.2 million uh good little look there for spcx today yeah you can
[01:58:23] Speaker 4: limit i mean you can limit order in the nasdaq to get if it swipes down you're part of the fill if it doesn't you can just punch out in the aftermarket that's for anyone that out there that's sort of wondering what that means but with less than one minute to go did it pair now it's still 1.2 million sell side over there on spacex which again just looking absolutely nasty nasty today so the sellings come in do the dip buyers show up tomorrow that's the real question at the 150 level and that's what's gonna that's the only thing that's going to concern me is whether or not the 150 level uh holds because down here i don't think there's going to be any kind of an obvious short so less than one minute to go we'll see where this one ends up but it's worth at least mentioning i know this looks bad but the nasdaq caught a pretty decent bid with that buy imbalance at the end by a derrick 1.2 so the nasdaq is going to close close to five which i know it seems like things are bad because of what happened to spacex but the overall market didn't really do much of anything we started slightly up so it's not going to be that bad of a day overall if a bad day for the nasdaq is point is 0.25 to the downside i don't think we're worrying too much software maybe not so much obviously spacex looking absolutely nasty micron going to the upside so there's plenty of names out there that have shown a little bit of strength we got vin fast that's vfs sponsoring the closing bell want to shout out to them scan the qr code for more information as we will see where we close in right about now i don't
[01:59:50] Speaker 5: know i saw 70s did it print yet no 154.7 probably i don't know i didn't go down to 153 where i'm at so hey guys i hope you guys all had an absolutely fantastic day if you're looking to buy some spacex now's the time as you're now four dollars away from its ipo price of 150. good day good day today thanks joe joe's been in the chat thanks tiffany thanks andre back there thanks one fabian i think ramin's here i don't know i didn't see her today but i'm pretty sure she's here thank you to ramin thank you to sia uh and adara in the back and thanks to neil uh for hosting with
[02:00:23] Speaker 4: me so it's been a good one yeah i forgot to write my compliance test today that's okay no it's all good i'll write i'll write that sucker when i get a chance so i think it closed underneath 155 at least from what i could see it looks like it closed at 154 70 but either way it's going to end up at the lows uh the mag 7 guy thinks the true valuation is 400 billion well price discovery is happening on spacex and sometimes it's not pretty as this one comes cratering back into earth sorry for the bad pun there but we'll do it all again tomorrow i think there's going to be a bit at the 150 level if we even get a chance to see it and i'll be on it if we get the chance if we don't then we'll just have to find a little something else and we'll do so enjoy well what's tournaments at the end of
[02:01:05] Speaker 5: the week what's she has hockey tonight okay hockey tonight another finals yeah we got baseball tomorrow baseball wins we have rinks rinks up at yorkdale up at york up at yorkdale good luck gia obviously
[02:01:18] Speaker 4: and we'll see you guys four on four we're traded tv live where will spacex be at 9 a.m tomorrow or 140 peace you