Day Trading Live 8-18-26

[music] Wake up. [music] Wake up. It's time to get going. Got to catch those runners taking off like a If the volume spikes, then it's time to trade. Mighty 90 setting up. It's time to get paid. Navigation [music] trading on the mic. Time to get focused. We don't need any indicator. Hocus [music] pocus. It's all about the price. Just watch it move. Manage your risk so you don't lose. First hour of trading is all we need. [music] Focus on the patience and forget about greed. [music] Good morning everyone. Welcome to today's day trading live stream. Today is Tuesday, August 18th. Let me do a quick audio video check. Make sure you guys see my screen, hear me. Okay, Discord was acting a little goofy before I jumped on, so just want to make sure before I continue talking to myself. All right, cool. Thank you. Uh, we got the S&P futures down 44 points. We got the Nasdaq down 415, the Russell is down 15, and the Dow is down 107. NASDAQ the weakest down about 1.38%. Gold's down over half percent, silver's down almost two. Notes and bonds a little bit red. 10 tenure yield up almost a half percent. Oil's up 1.2. Natural gas up 1.3. Soybeans green. Wheat flat. Corn's up about a half percent. Euro and the pound are flat. Bitcoin down about a half percent. And the VIX is up 4.28 currently at 15.84. Biggest pre-market movers. We've got BU who had earnings. It's down 9.6%. Chips are getting hit. SNDK is down six. MU down five. Intel down four. SMCI down three and a half. AMD down three and a half. Nvidia's down two. Meta's down two. Green Baba is up two and a half. Lowe's is up two. Home Depot also had earnings. It is up 1.4. 4%. So I did neutral trades on both Bu and Home Depot. Home Depot is looking pretty. Bu not looking so pretty, but we've got a few days till Friday. Hondao's not getting sound. Nor is not getting found. All right, guys. Let me let me restart. Discord's acting a little fussy today. >> [music] >> All right, back up. Hopefully you guys can see the screen, hear my voice. Okay, cool. Got to have Hondao Got to have Hondo's ears ready to go. Nor's good, too. All right, good. All right, so going into this morning, I'm going to be doing a 1DTE Iron Condor. Man, I'm kind of kicking myself. I was really planning on uh well, I I guess I shouldn't say that. I I considered a downside vertical with my 1DTE yesterday. Didn't do it. Ended up going from a winner to a small loser. But that's how it goes. You got to you got to take the action. Talk is cheap, right, Watson? I also forgot to put on my hedge iron condor today. Okay. So, I'm going to do I'm going to enter one of those right at the open. Apple's getting a little strong going into the open right at previous day high. There's the bell. Looks like S&P expected to move a little over 29 points for the day. So, I'll wait for my 1DTE to fire. I guess I won't do a hedged iron condor. Wow. I usually get about 10 or 11 bucks for that iron condors trading it. Oh, there we go. I just adjusted. Never mind. Never mind. All right, give me just a minute. S&P getting a little bounce. NASDAQ getting a little bounce. All right, let me just lock these in. One TTE is getting ready to fire one. DTE just fired. Get that posted. I'm going to hold off on a um DCTM. See, I just kind of watch price action this morning. S&P a little bounce back down. Same with the NASDAQ. Both the S&P and NASDAQ trading right below pre-market lows. Russell. Same thing with the Russell. NASDAQ and Russell breaking below pre-market low. S&P still in pre-market range. Chip stocks, MU is getting a little bounce, but most the others are staying weak. SMCI is getting a b SNDK, SNDK, SMCI and MU bouncing. AVGO, AMD dropping, Intel dropping. PLTR tried to go green. Getting pushed back down. Indices coming down. So, my BU calendar is just just at break even basically. My Home Depot is up about 20%. indices trying to bounce. Is Trump daddy already at it? What did he say? Let's see. There are no talks or conversations going on or scheduled with the Islamic Republic of Iran. The naval blockade remains in full force in effect. The Hormoo Strait is open and operating. All water mines have been removed or detonated. Thank you for your attention to this matter. Okay, there you go. Apple rejected previous day high Watson with the market bouncing. Amazon flushed previous day low trying to bounce. Yeah, straight of America open open for business. Meta. Yeah, Meta's not doing so hot. Softies trying to go green. Looks like the chips are trying to bounce here. TZY pretty big bounce pre-market low flush invid just did a big data center deal with open AAI. Okay. Let's see. How are the crypto bros doing this morning? Circle down almost 4%. MSTR is down one and a half. Coin down one. Hood down three. Bitcoin down a little less than half percent. Just kind of chopping so far. Tesla getting frisky back up to previous day low, which is also pre-market high. SpaceX big bounce off previous day low. PLTR trying to get back in the green. S&P just chopping in pre-market range. NASDAQ and Russell back up into pre-market range. Meta still going through lows. Everything else is bouncing, but Meta not so much. Do I create all my trading view tabs daily? No, they are all saved, my friend. I would not be doing that every day. Tesla's still ripping. Tesla going green. Why is my key level not showing my previous day close? Well, Tesla's right unchanged basically. Yeah, Watson. I'm a I'm a closet EMA trader. I have them I have them on my one minute chart. So, like if there's not a level around and like gets really strong, I just sometimes I'll click on those just to use it use it as a line in the sand. Not very often, but Google bouncing. PLTR back up to highs. I'd like to I'd like to see the S&P above pre-market high to uh start getting serious about a long meta. Still going through lows. Watson, did you stick to your guns yesterday and not take any Monday trades or did you fall victim like a good good DGEN? Okay, one SPX trade. Okay, it's not bad. What a film. Winner or loser? Good. Tesla back in the red a little bit. Just kind of chopping around unchanged. indices a little pullback. Remember we are in a summer no news week. So, I say that and then yesterday was a big move outside the expected move to the downside. But we've got FOMC minutes tomorrow afternoon, but that's the only red folder event on the docket. Chip starting to come down. SMH through lows. Crypto staying weak. Tesla back down below previous day low. Not interested in this chop slop. Going to go get myself a fresh cup of coffee. I'll be back in two minutes. Hopefully we get some movement. SMH still falling. SNDK through close. Indices still right around pre-market chop. AVGO going through lows. Yeah, IWM [snorts] short below pre-market lows. Not not a bad idea. I think it's I mean it's the weakest, but just still kind of chopping in the first 15 minute range. I'm going to give it I'm going to be patient today, Watson. Patience. Patient panda is what they call me. Tesla trying to get back up after its little pullback. Today is Tuesday, lucky day. Remember, is Tuesday a lucky day? It's taco Tuesday. I know that. ABGO getting beat up. PLTR is holding up pretty well. Still this chop. Still within its first 15 minute range here. Netflix breaking above pre-market high. kind of want to short Tesla here below previous day low. Just kind of make that big push up in yesterday's close kind of rejecting. But I'm not going to just observing Order cancelled. Google order filled. Chop. Order filled. Uhoh. Abosh is breaking out his astrology for trading today. That's when you know things are bad when you got to turn to astrology for your trading advice. I'll have to I'll have to create that astrology indicator for flux. Yeah, I mean, I'm sure astrology works as good as most indicators. Every indicator, I should say. Amazon back down to previous day low. [snorts] Oh yeah, rock paper scissors. That's That's solid. AMD going through lows. Rock paper scissors is for those who have kids and they start arguing about who has to do what. There is no better solution than rock paper scissors. Boys, I need one of you guys to go get the trash cans. Bring them in. I did it last time. No, it's his turn. Rock, paper, scissors. And they just smile and they do it. And then whoever loses goes and does it. It's It's genius. Chips getting Chips's getting dippy here. Yeah, Netflix is strong. It's been quite strong since earnings. Little blowoff bottom [clears throat] looks like in Netflix. PLTR still holding up well. Just kind of chopping. Google's still red but holding up well. Not coming down with the chips and some of the others. NASDAQ through lows, feeling the weakness of the chips. Crypto is just chopping. Coin. Coin is under pre-market low. Coin kind of looks like it wants to go lower on the daily and the intraday. I'm going to load up some 145 puts and coin. I'm going to start a put positioning coin here. Filled at 266 on the 145s. I'll give it a little above uh previous day low. We got pre-market lows. Not too far above it, but wanted to get it get in at previous day low in case we just drop here with all the weakness. Oh yeah, IWM popped back up. Tesla trying to bounce back up a little bit. I try to add some more coin at 255. No fill. There we go. All right. So, my average is 260. Still small. Still small position. S&P just super chopped. NASDAQ is uh still below pre-market lows. Apple trying to push up to new highs above previous day high. Coin starting to come down. I'm going to put an order at three bucks to get out of some coin at put an order at $3 to get out of some coin in case it pops. Price drops, puts pop. Tesla just chopping between previous days close and previous day low. Apple kind of getting a little jumpy. Meta still at lows. Apple kind of looks like a little news candleish. S&P and NASDAQ little bounce. PLTR going through highs. All right. So, coin approaching that pre-market low. I'm going to wait to see how it reacts here. I may add a little bit more. Still undersized position, but seen some bounces come in. So, I don't want to get caught in a face ripper. All right. Needs to reject here. coin. It's kind of right at pre-market low here. I've got my order ready to cut if it doesn't reject. NASDAQ little rejection. Yeah, Bitcoin getting a little bouncy. All right, I'm going to add into coin. All right, so my average now is 256. MSTR ticked a new low. Coin was acting the weakest of the cryptos, but now MSTR is order filled. Order cancelled. Apple staying strong. Netflix just kind of paused. Bitcoin pause trying to go green. If we can get coin to follow MSTR, that would be handy. Hood staying weak. Tesla rejecting a little bit again. Yeah, MSTR putting in new lows. Come on, coin. You got to play some catchup now. chip staying pretty weak. SMH at lows, Intel at lows, AVGO, MU, AMD all at lows. [snorts] NASDAQ through row through lows. Russell back down to lows. >> [snorts] >> coin back to previous day low. I've got an order at 275 to take some off, which is uh right near lows of day. Should hit it. order filled. PLTR now rejecting. Nvidia going through lows. Tesla still rejecting. S&P take the new low right at pre-market lows. coin. Get going. I need some Momo. Some heavy Momo to the downside. MSTR is dropping like a rock. I like the coin because it had relative weakness earlier. Circle's not doing much. Hood's not doing much. Bitcoin rejected a little bit so far. Trying to go green. Order filled. All right. Coin starting to drop. Apple holding strong. There's 275 filled in coin. Now let's get bloody. Hood's starting to get weaker. So, circle MSTR still weak down over 3%. Don't need a little bounce at lows today here. Yeah, chips are getting pounded. MU's down six. AMD down five and a half. SNDK down over seven. SMH is down four and a half itself. Intel's down f uh seven. SMCI down three. S&P decent bounce off pre-market low to get back in the pre-market chop. [clears throat] Coin back up to previous day low. I'm not going to add here, but I'm just going to hold what I've got. might be a decent place to add though if we get this continued weakness. Amazon big bounce. Meta can't buy a dip or can't buy a bid to save its If Yeah, my one DTE is up about 10%. [snorts] SpaceX just choppy coin started to reject a little pop back up to previous day low. I don't like that bounce. That's not what I wanted. Order filled. Order cancelled. Order filled. Back to pre-market low. I need a rejection here. Oh, Bitcoin popping little pop above pre-market high a little bounce. MSTR a little bounce. All right, I've got my order ready to cut here if it doesn't reject. All right, I'm going to cut. Just needed another little leg lower. Didn't want to give it to us. So, I think I think that'll be a little bit red. Yeah. Um All right. Well, I'm going to wrap the stream here. If I see anything else, I will post in the Day Trade channel. If not, I'm going to work on some other trades here and I will see you all in power hour. Cheers.