Video summary
The video captures a live trading session where the host analyzes market gaps and volume dynamics across various stocks like CRM, Adobe, PLTR, SMCI, Apple, and Sandisk. The primary discussion revolves around why certain stocks are gapping up or down; for instance, Adobe's gap is attributed to insufficient volume combined with excessive spread, while CRM shows better trading activity despite the gap. The host expresses skepticism about going long on the broader market because key indicators like PLTR were slightly down and SMCI had recently reported earnings that did not drive a sustained upward move, suggesting the current rally might lack fundamental strength or could fail soon.
A significant portion of the transcript focuses on an active trade setup involving Apple stock, where the host sets specific entry targets around 85 to 80 cents per share while waiting for confirmation near the 303 level. The atmosphere becomes tense and energetic as prices fluctuate rapidly, with the host repeatedly urging viewers or co-traders not to look away from their screens even for a second. This caution is highlighted when he admits to getting distracted by watching Sandisk's movement, which led him to miss an exit point on Apple just before it surged further than anticipated, resulting in frustration and loud exclamations about the speed of the market action.
The host reflects on the chaotic nature of the trading day, noting that the entire week has felt like a blur due to rapid price movements and missed opportunities. He mentions being away for jury duty last week as context for his current schedule but emphasizes how quickly situations can change in real-time trading environments. By the end of the session, he successfully exits an Apple trade at a favorable point after initially hesitating, celebrating the move while acknowledging that some participants may have logged out or missed the action entirely if they lacked audio cues to stay engaged with the live feed.
Read the full video transcript
I'll take any ideas you have. We got
like 10 seconds here. I'm just,
you know, I what I don't want to do is
do this and get stopped and have to
retake it an hour later. You know,
uh what is the reason for those gaps,
Todd?
Well, this is definitely gapping. What's
the reason? Doesn't have enough volume.
Doesn't have enough volume and too
spreading.
Um,
CRM
CRM is trading. Not crazy about the gap,
but it at least has volume.
Adobe,
what's the reason for this gap?
Again, it's tough to go after anything
today unless there's a real reason the
gap's occurring because of the fact that
the market is up. You can find a reason
for this.
PLTR was down, not a lot, but PLTR was
down. SMCI was the earnings and that was
up but I don't like it. I don't like it
is the problem here. I mean so far this
is not moving higher.
And again the market could fail would be
another sign that we're not higher. So
I'm not jumping up and down about going
long the market. Here's Apple. You want
to do it?
You want to do it? Stop would be 80.
Let's wait for the entry.
Let's do 85 by 80. Great entry here if
it hits 85 by 80. Apple, it's kind of
already going there. DO IT IF YOU WANT
IT. We're just trying to get it down to
303 here. We almost missed it. Jeez
Louise, we almost missed it. If you want
to do this, do it. If you don't want to
do anything today, you don't have to do
anything today. We're going to get out
of this. If it doesn't break 303, one
push down, one drop down. Here we go.
We're almost there. We're almost there.
Did anybody do it with me? Here
we go.
80 cents is 80 cents. 85 cents. 90
cents. Whatever we can get. If it's not
a dollar, we'll take it. We'll take it.
We'll take it. We'll take it.
Good trade yesterday. It took forever to
go.
The market quick.
Yeah. I mean, you know, this is not what
you want to see if you want to go long.
Do you understand what I'm saying? This
is not a pillar of strength here by any
stretch of the imagination.
Oh,
where is the PLTR? Uh, this is trying to
go though. Again, this whole sector is
up. The Sandis is up a million miles
here because of that. But right now,
it's not doing anything. Here we go.
Here we go. We did it. We did it. We did
it. One more push. One more push. One
more push. One more push.
Come on.
Let's go.
Oh I didn't get out. Did anybody
get out? That was a dollar there. Crap.
[screaming]
Did anyone get out of it?
I look I got distracted for one second
then looking at SanDisk. I shouldn't
have even looked away. Gosh darn it. I
could just take it here. Here. Here.
Hair, hair, hair, hair, hair. Here we
go. Here we go.
Look how fast it's moving. 81 is the
low.
9:33.
Come on. Come on. Come on. Come on. Come
on.
I can't look away now.
Probably should get out of this, but I
think it's going to keep going.
Whoa. That's what I wanted. THAT'S WHAT
I WANTED OUT. YAY. [screaming] WOO. What
a nice trade on a Tuesday morning or
Wednesday morning. I don't even know
what day it is. What day is it? I don't
even know.
This whole week's been just like a blur.
Last week I was at uh Oh, look. It's
going to break 302.
Last week, a week from today, I was a
jury duty. I was a jury duty. 30218.
Did anybody do it with me? I hope you
did it.
I hope somebody did it. For Pete's
sakes.
For Pete's sakes.
Did anyone do it? Let's look at the
market.
Look at this. Look at this.
Um Jeff, you can log out and log back
in,
but it's kind of late. You missed the
train if you didn't have any sound.