Day Trading Morning Show | $ADBE Earnings + $TNON |

[Music] he all right good morning cyber Traders welcome on back to close out our week this Friday September 13th of course you could tell by the vo this is Nao Josh tagging in from this morning uh little little late notice or not late notice actually that was on me I should have been more prepped up for that I got a face for radio though if you're on social media can't see the old face here but great to see Lawrence Gillis Richard got Margaret Michael kery got all of us here in chat right now Full House here actually for Friday morning so great to have all of us there all of us back on social media though that otherwise at cybertrading you see that popping up on the lower left right there uh always look to follow subscribe look to uh continue the conversation with us each and every weekday but with that there there is actually a lot to talk about uh provided that that well frankly we didn't really have many earnings last night we don't have any earnings this morning to talk about but with that there right we'll talk about this IM RX pre-market trade to begin but of course coming off of Wednesday from yesterday actually we had the CPI numbers the PPI numbers Market's been red hot and there is a lot moving still so IMX to begin uh you know hey just more of like an inexpensive pre-market day trade type of move these types of stocks are not swing trades at first you know we day trade and we swing trade here a day trade can turn into a swing trade but there are parameters and the day is very young so that's where for IMX uh you know we'll see how this opens up right now I'm in this trade from two bucks 202 I'm looking for the bounce we haven't gotten it yet had a good entry but we haven't gotten it yet so that typically means that if it's not going to make that big move that we're looking for it's more bound to make a lower high and a pullback there perhaps so what's the news on IMX why is it up at least so much so IMX looks like some firm Needham Needum never heard of him reiterates buy on IMX maintaining a $15 price Target so uh that's a pretty steep price Target I'll take that now the thing with price targets don't hold your breath waiting for that number to get hit $15 come on that that's what like a you know 600% move or so from here right like more you know I mean I guess it's possible but don't hold your breath waiting for that price today let alone ever uh now if they're expecting at some point in time is it possible for us to get maybe 50 cents out of this trade today is it possible for this to try and hit 250 is it possible for it to try and hit three yeah I mean I that's definitely less farfetched than 15 so that's kind of how we like think about price targets especially if they're more like outlandish number like $15 per share when this is trading at two uh so yeah IM RX I have no problems putting on our prear on our morning watch list here going into the open at least but again there's plenty to talk about just from yesterday I got to keep my eye on that trade still in but you know again spy has been just redh hot from the CPI numbers that we had just on Wednesday actually first led to a drop but otherwise led to a pretty strong bounce and then afterwards had this V pattern here this is the CPI de sorry so drop off here here is our V pattern that we had a huge slingshot all the way back up towards 555 and then some and then yesterday obviously a little consolidation and continuation there um you know as far as this morning like pre-market wise you know Nidia did well off of those numbers from Wednesday into yesterday that was one of the better trades uh I know the First Solar fslr had a huge pop on Wednesday off those CPI numbers as well um you know that could still be in play for today I'll tell you what coming off the iPhone launch I know fer did a big video on this on her YouTube feed just check that out at cybert trading you on our YouTube channel but otherwise though you know Apple's up a little bit this morning I saw in pre-market pushing up a little bit higher it was trying just before that could a better play as far as like a large or Mega large cap stock goes for right now I'll take a look at Tesla as well but TSLA oh lot of shakes on this one so you know hey for as well as JP Morgan I think it was said that Tesla is going to do it's their top stock across the remainder of this year and going forward I mean their words not mine but uh you know ended up leading to a big pop consolidation though and that's really been the name of the game on Tesla so as volatile as it is as much as we love trading TSLA if it's not making higher highs then it's more Bound for this move to happen over time here um now really quick I gota just thinking about just dumping out on that IMX I'm going to keep it on the morning watch list obviously but just drooping down a little bit I took a little profit half the shares I had at 205 earlier before the meeting started and it's like drags down I may as well just get out keeping an eye on that still all right so what we'll do is go from top to bottom here coming up and for anything else that we really didn't you know comment on just yet we'll definitely get to of course for any of us inside our live trading room you knew I was going to get to TN right of course that's the top percent Gainer still but what the hell happened here what on God's green earth happened here this stock this morning so had a phenomenal pop at like 4 in the morning I'm I'm getting my R my rim sleep then at that point I end up going from what like 10 up to 120 are you freaking kidding me here how does this happen why does this happen well this is where I could just simply say I'm not going into like like the real X's knows as far as this one move but this is just where I tell you a for a stock that's low float and low volume it allows you know the possibility of a larger move if the stars could align um but then B pre-market wise there's much less people out there in the order book less buyers but also less Sellers and with that that's what led for this to make such a clean run but the thing with pre-market trading is that there are no halts you can't get halted in pre-market off of like a volatility halt it could be news but not volatility so why did the stock move up so much so fast how did it not get halted that's how you know pre-market trading if this was 9:30 in the morning this would be getting halted every you know five seconds it reopens up you know what I mean so what goes up does come back down and I think at this stage it's only gonna keep dropping I've seen this song and dance before where you might think like it's gonna continue it's gonna keep going it could you know I'll put it on our list it could uh there's much better stocks to work with though for a Friday morning for today at least I'm hoping for that to be the case but um you know what I'll add it to our list in hopes of a little move if you're just going to do it on one share two shares you know be my guest but if you're looking to make actual money I think for right now you have more confidence in trading something that you know isn't up as much or at least otherwise is a lot more filled in a lot more liquid uh o atpc popping right now as I'm talking so what happened here this stock making a new run obviously going to put this on our watch list just because of this more recent move but let's see atpc news Partners uh oh new headline right now Agape ATP shares trading higher after the company announced it entered into a strategic collaboration with um photons solar technology a company uh that is focusing on developing solar photo voltaic mounting systems in acan countries folks don't ask I don't know the first thing so this is headline I was just reiterating to you right there I don't know anything about anything on that headline obviously got a great reaction from the street that's all we care about here we follow the smart money we follow the money in general so atpc it goes on our list just be careful though at this point you know I honestly I'd probably whip out FIB extension or you know maybe down to like 250 or so for support this would be great if it's going to hold from here then we're going to get a new High pretty soon but uh you know just be careful for a pullback on this 18 PC trade 250 could be a good level 50 C Level FIP level there too all right we keep it going though uh VM again similar to the TN where it just popped and then just came back down so possible can make another up move maybe possibly let's see what else is out there though okay we're looking better on my IM imrn let me actually just move it like this here so I can see my position there there we go all right so imrn still on our list that making the bounce now I'm looking for it to make hopefully that keeps going envx it's kind of holding up here a little bit trading nearly 300,000 shares so far in the morning that's actually good just a little spotty of a graph though for being honest um you have a little historical level here broke down from at 964 it's above that right now so perhaps that could be support on a pullback right I mean I don't know if it's going to pull as deep down here but 965 964 could be a strong strong support level uh you know good sidess play s SPS y this one actually looks pretty good just for the sake that it's inexpensive at the highs as well there's news out on this company then I'll likely kind of slip this on our list here you know more of like a lower risk category one or two stock I feel like the Market's going to open up and the order book's going to fill in a lot on this trade so it'll probably be that category one or two trade that we know to be unfortunately no news no news I don't have a headline that's kind of what I was looking for there that's a little all right let's see what else is out there remember it's a Friday so you want to be a little picky and choosy that atpc was a nice catch for what for where we caught it uh Uber making a nice pop right now so obviously some news happening out on Uber let's take a look Uber shares trading higher after the company and weo announced an expansion of their partnership bringing aut autonomous Rod haing to Austin Texas and Atlanta Georgia so uh obviously two major cities and and that there is good news for Uber just overall for the stock nice little reaction there so far of course it goes on our watch list there now that was only in relation to Uber so normally if we have news with Uber we would go lift you know it's popping a little bit is there a need is there a giant necessity not really not really I mean you know if it Trends better after the open we'll be interested in it uh Oracle breaking alltime highs I mean another pop actually up 6% today the hell okay so let's take a look at Oracle that can't be right there's got is there more news on Oracle again they beat earnings they popped up Larry Ellison top five richest people again uh okay trading higher F the company reported Le 2029 guidance that's what this is up on holy smokes that you don't really see news like that that often let alone the reaction off of it after so clearly if the street didn't like Oracle to begin uh you know they certainly do now you know what I mean like they loved it to begin and they love it that much more now uh they're talking about 2029 fiscal year guidance that's five years from now obviously so uh you know 104 billion dollars worth and that was yesterday last night actually I missed out on that so huge reaction once again Oracle goes back on our watch list uh you know if there's an ETF or Oracle that would be even easier because it' be probably cheaper but um you know again if it's more expensive and if you're not really trading a $171 stock I'm going to put it on our list rightfully so just don't let it be a distraction to you don't let it be a waste of your time because you know if we're calling it out just don't let it be noise to you that's all easier said than done some days all right hop over to the losers list though EG we'll talk about this briefly because this had a great dead cap bounce yesterday had a hell of a pop just going into the early afternoon session right the stock was down 90 plus percent or like 87 plus percent I think it was back you know on Tuesday this week or Monday this week it was and eventually led to a nice little bounce here so we wait for it we don't hold our breath waiting for that pop expectedly so but if we start to see a sharper move up we add one and one together and get two we say oh the stock's down like 90% 85% uh there's a case for this to try and make a move very similar actually very briefly here it's number seven on the losers list actually going jump ahead but ride look at this yesterday right remember this trade from yesterday this was a hell of a dead cap bounce um we found this in the afternoon meeting it was halted actually at like 2:30 in the afternoon practically at this point and I mean man when it's down 90% 94% you don't guarantee it again but you hope for it more and more so you know this one with the Gap that it had on the one minute chart it's just a one minute chart at a huge gap like this that's where you think it even more so this was a great play ride that is same with the egio but what happens when the shorts are done covering what happens when the day Traders are done buying it's cooked it's cooked done game over now we talk about day trading and swing trading here those stocks are the last stocks on on Earth that you would ever want to swing trade even if it moves up the next day there are just plenty of easier trades more intelligible trades that we could take and that's it so they were fun while they lasted not really a lot on the loser side here actually PDD we had just earlier we did call this out before um any news on PDD again I know we got some more expensive stocks on our watch list here going into the open Uber Oracle PDD team Biden targets uh Shane and teu with new rules to curb abuse of uh abuse of us trade loophole by Chinese e-commerce Giants I need coffee I don't even have any coffee me this morning so uh with that there I'll stop stuttering but PDD good short to work with here going into the open madna back down wow so for as much as this was a good bounce yesterday clearly this doesn't seem like it wants to continue just yet unless if there's more news that came out overnight on it um just honestly for right now we got to make use of time here folks want to make sure all of our students are prepped up going into the open Luis guillis guy Lyn and Randy Paul all of us here in chat and then um you know if there's anything else that you see let me know now but I think that we're done with the news done with with newsman Levitan for the morning Randy say bring on that Trader Joe's dark roast for them ready for the second cup I am a I got a Florida local coffee uh company I get from here Caribou so be sipping some of that this morning but otherwise folks last call if there's anything else looking good on the way up on the way down left right up up or down more than 5% just let me know Wier wit not going anywhere just yet this is a famous pop and drop stock don't want to touch this really just yet uh s side list envx we're going to keep it there just if it was trading even more volume you know less spotty chart here I'd be interested but for right now I'll pass SMX same deal all right I'll tell you what folks we just scanned the market for the last 16 minutes straight right I mean unless if anything is popping and getting halted I would say start and stick with this watch list here it's going to give you the best chance to work with a runner going into the open along with that we're going to be focused on this list mainly in our chatboard so you don't really want to straight too far away and wander off on your own as much that's where start off on the IMX that etpc Uber obviously TN for as volatile as that is just do that on one share like do that on one share 10 shares you know whatever it is just much smaller position size from what you normally do uh Chris saying sbsw yeah so we saw this uh earlier no we not see this earlier yeah we did this is the one that said no news on there's no news out on the stock uh you know what if I'm going to add anything else to our list I guess this would be it I just don't like that there's no news out on it order book will likely fill in after the open but for now you know it's trading a volume total it's up 7% is tradeable in that regard so I'll slip it on there Chris I'll I'll be rooing it on I'll hope for that to make a better move but um yeah if there's any news out on spsw please let me know all right folks but hey we're going to prep up get ready going into the market open all of us sudden social media Facebook live LinkedIn YouTube yoube Etc once once more at cybert trading you look to uh you know click follow click subscribe be a friend tell a friend that we have social media we stream live each and every weekday in the morning we're uh streaming in the afternoon too but namely inside our live trading room there do a live Workshop every Monday afternoon so uh you know always look to follow us on social otherwise look to join us inside our live trading room just scan that QR code on the top left with your phone with your camera and uh you'll be good to go there with us all right but for Lyn and Randy Michael Elmer Ravi Simon Craig got 120 inside our live trading room this morning um oh last couple here I see here at the end I don't want to I don't want to pass over anyone that chatted me just before rid's not going anywhere lauran that's done that's that that was Flavor the day yesterday we are well moved on from that stock NOW same with the EG the reason I say it that way is because look at how it's trending you don't want to get stuck in something like this hoping and hoping and hoping just because it made one move on one day that's where of course just there's other fishing the see to catch but but the Lumen Ln this is actually one ah I forgot about Roger uh it's up it's not up that 5% right but um you know it was one from yesterday that did very well we did pretty well in the morning on this trade we were looking for a runoff of six going into the afternoon didn't get it it is moving up higher this morning so I'll keep this on our side list Roger uh if this ends up pulling back going into the open I would look for support of six I would love to see if that resistance can flip but for right now again I'd rather stick with that you know Uber trade the IMX certainly I'm still in that looking for the Bounce from two um and then the others all right folks but otherwise hey best of luck going into the morning here going into the day uh if you had hit your days pay your weeks pay already from earlier in the week I would look to finish up early right it's a Friday not as much out there otherwise not as many earnings out there so you know if you did well already I would start the weekend early finish up this day early um but otherwise hey this gives us one last chance to hit our goals and to hit our targets so there is you know some ball left to play and hopefully we have a strong open hopefully we have a strong open here going into the morning but otherwise