So it is my first day back after being away for four trading days, so I'm definitely very happy to be back. But whenever I take and it's a sort of break from the market, I like to take things easy and take it slow and just you know, ease back into the market instead of just punching orders and like swinging big share sizes. So I treated pretty conservatively today. I'd say so a lot of small wins a lot of money left on the table, but the first trade is FDX this one I was actually looking for a lot more.

They have really good earnings and beat on earnings and expectations and the stock. You know literally just spiked from 155 all the way to 163 at the high of the day, but after the first dip below to this 160 levels. That's where I was interested in taking a long on a dip, and I was looking forward to stock to reclaim the walk quickly and not go on even higher to touch maybe 164, but you know the the market was rolling over. It just seems really weak.

There's barely any bounces, so I just took like like twenty cents when on this, and that was a good bail because a stock later tanked. So this one didn't work according to the plan, but no a small wing is better than a loss in the second stock. I treated was wkh s the reason I picked this one because it was open a first read day and that's why I was interested in shorting the stock, but you know I didn't think it would reclaim and then go on to do a red to green move In the morning, it dipped from 17 all the way down to this 14 and those were really good shorts opportunities, as you can see scaled in some shorts covered into the the dips and reefs, essentially, I'm recycling, my share sizes - and you can see later on. I did give back some profit on a short on wks, because there was positive news coming out, I'm comparing their electric vehicles to Tesla and some you know PS like that.

But we got ta respect the price action the stock was holding after this, and you know later I went to do a red to green move and you can see they triggered SS. So I bet the stock later squeezed out a lot of shorts that piled on in the morning, just like I did, but the difference is that I took the meat of the move and I did give back some profits, but you know I knew no. The price action wasn't right: it wasn't really tanking according to the plan, so I just had to take in the small hit and get out of the stock, so this is kind of how I ease back into the market after a few days off. I kind of take the simpler trade I'd say, that's being in play for a few days and avoid the little runners that's been giving people headaches like in my OS, which I was watching and a couple of the stocks.

So, no one more trading day tomorrow until the the holiday on Friday and we'll see what happens so. The highest percentage gapper of the day was f ra n. It was a nice little play, I'm a short side too, and the the short week haha do. I bet there, but if you look at the chart on f ra n, this is the time when they had a huge run due to good earnings, but each time on the daily charts.

If you look at here here here and going back all the way to a couple years ago, each time the stock had a gap up pre market, it tends to kind of just pop and sell off unless they had a real transformational. Fundamental news like they did here in September of 2018, but today they have some. You know positive news, yes, but the news of releasing an app. It's, not something immediate.

That's gon na be executed right away. It's can take months, if not years, to develop the app and that's why you know the pre market gap up, I think, was what 200 % from five dollars all the way to eight dollars pre market. That's why I, you know I was leaning, more short bias on that stock and when we were in parabolic from I think, no 670, all the way to a $ 72 move at the market open. You know I was lean in more short, biased, no sure to started some start before the market opens and added on the spike at the market, open sure that into an initial spike, it's a low float sock right.

So when the spike failed - and you can see momentum and lots of selling into this push - that's why I know the stock is pretty heavy and I want to add into it and but unfortunately, the stock was, it became really hard to borrow. So I didn't have much size on to be honest, but it was still a pretty decent move from the 860 s. I think, after this ad and this ad here I had about a 7-7 80s average. After all, the ads - and you know I held on to it - covered some into the partial, but idea is, I want to add any bounces right, it's hard to add on weakness on this kind of local stock, but the stock was just so heavy.

It seems like every single long, that's back, holding the stock on the daily charts you can see. Oh everyone was holding a stock from above $ 5. You know they're trying to get out and that's the idea behind this kind of short setup right and it was really heavy. You can see barely any balances the major bounds.

The first balance I got IRA shorted it added even more I'm adding a weakness. I understand, but it was just so heavy. You know I'm just following the price action, and I was my best cover was 6 20s and the stock literally faded the entire gap back to $ 5. Basically, where it came from so you know definitely left a lot of money on the table, but it's just not my type of play to kind of sit here all day and nurture the short position, but still added up pretty nicely.

Despite the smaller sizes, I was able to locate the other stock. I played on the long side, was wk HS and actually I had a lot more expectation for this stock to run then friend, and that's why I was on bias on it and I didn't short any of the stock and that's because the stock is breaking out On the daily already pre market, if you look at pre market, it's already capping up above the previous day's highs and they actually trapped a lot of shorts. With this pre market morning, dip down to 1980s triggered SSR. What SSR was triggered from the day before? I bet this trapped a lot of shorts and that's why, at the market open squeezed from $ 20, all the way to 22 in hindsight would have been smart to loan this.

This is a very similar setup, as you owe Annie from couple weeks ago. I don't know if you remember that, but did the exact same move right. They pulled the bid before the open, a low-volume, pre-market and and squeezed it back up at the Marquee open and the exact same setup and same price action, and that's why I was a lot more long, biased on the stock. I was thinking.

I know there are layers of shorts trapped in this on the daily chart and every single did it's gon na probably gon na get bought up. But honestly, I was looking for more of a breakout to move around this area right. You can see how long the dips sold some to protect myself by either even more. This ad was pretty aggressive, um, I admit, but because I was looking for a very clean move to break out about 23 dollars when Adam dip and we got this - was a nice hold of pre market highs and we got the pop again.

You know I sold some just to lock some in, but we never ended up getting $ 23 move that I had wanted and I pretty much you know - try to recycle some more shares on the long side on the dips here, but didn't end up working. You know I did sell all my long positions here and try to go back here, but after this cracks the 21 80s mark 2182 $ 22 support. It's where I realized the bounces are pretty weak and I bailed my reentry here pretty quickly, as you can see. Pretty much break even on the second trade, but you know my thesis on the long side on the front side, I think it was still a viable thesis and still added up nicely, even though I didn't get the big win I had anticipated, but small small wanes Ours, you know, are fine, no better than a loser, but you can see the stock later unconsolidated around this $ 20 60s area and squeeze again, but I was away for this part and the stock just squeezed and faith off.

So you know wasn't that strong of a breakout move, but you can see we've actually closed, read on the day with us, no wick candle here and some selling ball and coming in. So I think we'll probably get a gap down next week and retrace some to $ 15, probably on the stock, so definitely a shortened week. But I'm very happy to be back trading in the markets again and getting settled in in my parents home here in Taiwan. But looking forward to the action next week and hope everyone have a good July 4th weekend as well as Canada Day weekend and I'll see you guys next week, hey guys thanks for watching.

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