Are we live? I don't know if you can hear us, we are just uh. We are just waiting waiting, real, quick waiting on some technical things, making sure everyone can see this good to go. We're going perfect. So people can see this all right.

Yeah, perfect. All right what is going on everybody trader bryce here with stocks to trade? What's up man, wolf, i'm rolling, wolf and today we're here to talk about dwack, the dwack madness that happened in the market. I think really we're going to talk about. Is you know? Everyone knows, roland is kind of the master of these.

Sympathy plays and dwock obviously created a lot of sympathies, as the market was super hot today um. But on top of that you know kind of things to look for for these bigger runners. Why that catalyst worked um, i know roland. This is something like you were talking about yesterday, like once you realize what the catalyst was.

You know it was already too late to kind of chase it up there, but that catalyst was so important, the even the technicals that are the fundamental uh behind the float size, the volume traded float rotation. All that stuff was super important. So you know without further ado: let's start it off with dewok. As you can see here, crazy move, um went from a low of 12 yesterday to a high of what was that 175 yeah craziness craziness um.

Obviously, this is by the way for those who don't know. This is trump's uh. It was a smack company that acquired trump's social media company that just got launched out roland. Can you kind of walk us through why that catalyst was so important for the stock yeah? So i'll, preface this by saying, like small cap, has been really slow in terms of runners for a long time like pretty much since february, we've had kind of smaller periods of runners, but it's been really slow, um.

As someone who generally has been longing. Some of these stocks for a long long time, uh there just wasn't a lot of volatility. Uh highs of days for the last several months have all been sold into the dips. Dip buyers have all gotten crushed.

It's been a really kind of rough market, so so that's what i'll preface this move by saying like the markets have been slow uh. That being said yesterday, obviously yeah we have this uh and this deal with donald trump um, pretty pretty amazing catalyst. So not on not only what do we have a great catalyst, but we have a slower market where shorts are pretty comfortable, just kind of smacking, whatever that runs um and it ended up being a phenomenal short squeeze yesterday and that's all we saw uh it continued Into this morning now you have to understand like the power of a catalyst like this, which i didn't even know what the catalyst was until it was at like 30, and that's really a shame on me um. I just looked at the daily in the morning and i didn't really give it too much attention, but the volume was massive, like the catalyst was massive uh.

These guys are going to be. You know this is how they took trump's new company uh. It's called truth. Is it truth, social truth, socially yeah which is going to launch in february it's on that uh.

It's already on the app stores and everything like that. Uh huge amount of volume like that this is one of the craziest moves that i've seen um. I missed the breakout at 30, the pullback to 20.. That is when i kind of realized what the catalyst was finally um and then i was battling fomo all day long personally, so like on a move like this yesterday uh we were actually speaking about it and i got kind of emotionally out like just off, because I really wanted to actually be a part of this uh, but i felt like i was chasing and you know sometimes my experience can work against me like that in a situation like this uh, but we, but that being said yesterday, if we can go back to Yesterday, yeah, we have uh the 30s here right in here right up in there that was kind of my lap personally, my last uh stop where i wanted it and i just didn't take it, i just didn't take it.

I don't know why it was already up 160 yeah, i mean pretty it sucks, but phenomenal move held really well uh, going into the clothes immediate gap up for the most part, um huge gap up this morning, so something you have to understand as well like everyone And their mother was buying this stock yesterday it wasn't uh and when i say and their mothers who are literally mean they're mothers uh. There are many people i know who are like yeah uh, just taught told my mom or my dad, or i just bought them shares or helped them buy shares of d-wack um. This is like as viral as a stock can be. We were literally just at dinner.

Last night, unless someone brought that story, someone's mom actually asked them to buy dewok for them. Yeah like that is the kind of attention the stock is getting so pretty pretty phenomenal move, uh massive gap up, um, obviously a lot of volatility. Today we had it go from a buck 70, something highs back down to 69. I actually had an order at 69 that didn't get filled for some reason, um and it's kind of a pain in the ass.

I was you know. I don't really want to chase it at this point, but for me yeah i had to order at 69. I don't know why it didn't get filled and it just kind of adds to the service that i feel that's a word for it's a yiddish word for just feeling kind of crappy but yeah. I don't know it's it's kind of crazy.

At the same time, i like for me how i like to operate, i'm trying to just move on to the next trades. So i'm still watching this, i'm going to see how it sets up in the future today tomorrow, whatever um, but it did set off a few sympathy plays this morning and i think that's you know kind of something we want to talk about. I traded grom uh grom, it's a social media company and you can see it had a really nice morning, spike it gapped up uh. I think they may have had some news as well and i ended up only getting filled.

Four thousand shares uh in the 430 range right there, yep right right right. I took the same spot yeah. I just i just hit it because you know i didn't really want to chase these things either. So i did hit grom in the morning.

I didn't get a lot of size i took off. I only got 500 shares off into the top of that move, and then you can see it was a pretty quick halt down. I took off into the bounce after that, second, like it hold down and then, where it opened, i took it back off into that bounce up into the fives and made 5 500 off. My 4 000 shares uh.

So i'm, okay with it on a day like today, it's actually disappointing to only make fifty five hundred dollars couldn't agree more and i actually took the same exact trade as roland. I didn't even know that i got. I took uh six thousand from 439 uh and unfortunately at right here after this halt up, i got scared out of about 4 500 shares. I was like i need to be smart, lock, some in who knows, because at this point d-walk was still halted.

Yeah and i was worried that if it halted or unhalted and opened down that i mean everything was going to get crushed, so i wanted to be safe, lock in some gains. I took the rest off into this push through six uh last bit of shares. I had 500 left took it off into this halt. I think i made about 4 500 on it a little less than roland, just because i had taken so many shares off down here, still happy with the trade um.

But again it was that sympathy. You see right here, grom social enterprise. You saw a lot of social media social type stocks moving today. I think even that's how to spike check fun out.

Oh fun was crazy yeah, so i didn't trade fun, but this was the main sympathy to uh to uh. Dwack, obviously um the only reason i ignored it was just up so much going into the opening and immediately spike holds all the way to 24.. I was gon na say: there's, never even an entry spot. Here i mean it: it went to 24, but after it gapped down from 18, it got down to eight dollars or whatever it made like nine dollars.

That is crazy, so that i mean what i try to avoid. You know, as someone who likes to go long is being someone who is buying it chasing it into the 20s for 10 20 gap down whatever is going to happen. Um, you know that's wild, that is wild, but it's a great sympathy and just to give you a little backstory on fun uh, just from the little bit of research that i was able to do uh. How do i zoom back? What are you trying to find? It doesn't really matter? Okay, i just want to talk about, but so funds being pumped super hard everywhere as well.

Uh, apparently - and i haven't verified any of this, but apparently they uh did some of the work for like trump's campaign. In 2019, for for uh, some of their software, or something like that, so i think that they were being linked to dwack, like maybe they're, going to be doing this true social media, or something like that i haven't confirmed it. I don't know it's kind of like rumor stuff, which is really sketchy to me um and then you have to understand when we get sector momentum like this and it's not real sector momentum, i mean we have some social media companies popping, but when we have sympathy Plays like this and d wack gets destroyed and goes from a buck 80. You know down to the 60s.

Sympathy plays, will generally get beaten up too, and that's why the charts all look the same um it's it happens over and over again throughout time. This is just how sympathy plays work so roland. I think someone, probably a lot of people want to know or like what are some things to look for for a sympathy play i mean, is it? Is it completely sector related? Is it former runner? I mean because again fun technically by sector right, isn't like it wasn't like dwock, so is it? Is it more catalyst based? Is it sector based kind of what are a couple? You know really basic things to look out for for that. Next big sympathy well like with something like dwack.

My head goes to social media companies because it's a social media company. I keep it really simple. When we're talking sympathy plays trying to find somebody plays sector momentum, i'm going to try to keep it simple. So, like dwack trump play sympathy trump play social media play, that's kind of where mine get my mind goes um fun, yeah, it's not a social media play, but due to the nature of how things spread on twitter these days and through all the massive chat rooms And stuff like that, uh a fun got linked to dwack, clearly um weather, and it's a lot of just he said she said i haven't found any actual links um, but so i was sketched out on that's the problem: social media, the power of the markets that We are trading in today, um just the mentality of people who are just like willing to chase things up higher and then buy them lower too.

So uh really really crazy action. For me, it's kind of a disappointing day. To be honest, i'm trying to put a happy face on i made 5 500, but for me it's very much a miss all around the last two days, especially because i've done really well over the last six months or so four months, especially of being really patient. Uh not taking you know a bunch of dumb trades uh in a slower market and all i've been waiting for.

Is this so to me it's kind of like salt sultan, the wounds watching something like this happen and sitting on the sidelines, but i have to keep in perspective. What trading is to me and it's not one trade. You know it's never been about one trade uh. It's about my whole body of work.

It just would have been nice to uh, have nailed something that i feel i'm supposed to nail and that's that's why it hurts me a little bit because i've been super patient, but my mind now goes to all right. Let's see what this brings, let's see what the next you know, two months are going to bring the next week at least a couple weeks, maybe um, and i'm just going to be on my a game. Volume's here people are super amped. There are a bunch of new traders, probably who have who never even trade.

I know for a fact: bunch of people are like buying d-wack right now and they're. You know a lot of people are going to take big losses too, but a lot of people are going to be mystified as to like the power of the stock market as a retail trader, which is cool and then what's really cool about this too. You know to your point of it's hard getting that fomo you've been waiting so long for this kind of thing. This is the type of volume that can now actually move other sectors.

It's what can start heating up sectors, people, maybe not social media. It could literally be anything, but if there is enough money in the market and any type of sector gets mentioned on mainstream news, that's all it takes and all it takes enough buyers enough shorts to start getting squeezed where all of a sudden that becomes a real Sector in the market, the more macro news, the better, but this type of volume is what we needed to really reignite uh. That's the small cap world yeah, it's nothing, exciting, yeah and to his point like this morning, we saw this kind of weird. We saw a lot of kind of random poppers this morning on some older tickers that used to run in different sectors that so a couple nft stocks tcat yvr um.

We saw like salm u1 a little bit they're kind of in a sector together, uh grom, crtd crtd is another chat, uh social media app. That was that ran this morning decently. Now. For me, the reason i didn't stick to stick around too long on those for now is that some of those other social media companies just have nothing to do with like trump's business, or you know it's kind of it's kind of a loose correlation which it very Well can be at times and the looser, the correlation to me uh within a sector, though kind of more careful, i'm going to play it in terms of trying to hit a sympathy play.

Sometimes you got to be quick on those and - and that was the case this morning - um. So i i don't know we'll see what this brings. I'm hoping it brings much better uh follow through action volume uh going into the last couple months of the year 100, and you know to kind of close this out for those of you that might i i know a lot of long, biased traders that missed d Walk yesterday me roland matt, we all missed. I saw a lot of traders on twitter who missed it because again you said that experience.

It almost works against you in a case like that you're not going to chase that 30 breakout. You won't let yourself, but if you also missed that, what do you look for for now, i'm not necessarily going to say the next d walk, although this probably won't be the last one in the next few months. Catalyst, obviously, is everything the bigger the bigger picture. The catalyst is.

This is again former president donald trump, who had what 80 million supporters who not only do they have 80 million supporters, 80 million pissed off supporters that he was taken off of twitter right. They, and so that kind of news is huge. The bigger the news, the better number two like roland mentioned, that volume was crazy uh. It was what a 20 million 30 million float stock.

It traded like 500 million shares yesterday, and you could tell that float rotation happened early on in the day and again it's one of those things like we've been seeing. Most of these higher priced runners fade off pretty quick. They never hold up when it was holding up 160 percent all day. That's that sign and if you don't hit the move that day as we were talking about, there are going to be sympathies that day or the next sympathies actually didn't work.

Well, yesterday worked a lot better today, yeah um, so again you just it really comes down to that flow rotation, um the size of the float and really more than anything that catalyst is extremely important. We haven't. We were talking about this. Probably a week or two ago, news plays haven't, worked well, cal there have, there haven't been great catalysts out there, nope and even decent catalysts on biotechs and stuff.

There's just no follow through so day ones on a lot of these stocks. If they came up their gap and have been getting beaten up, uh - and this was kind of like that change in the tide a little bit - and it was just such a massive catalyst on the back, like we said - of a slower market in terms of small Cap took a lot of shorts by surprise. I was battling fomo all day yesterday and i should have just kind of given in uh. I knew it at the time, but it's, but you know this is what happens and like i said for me, it's important to not get thrown off like psychologically, because i miss a play.

You know granted it's a massive play. It's a great play, uh, it's not done! It's not done it's at 108 right now, um, who knows what it's going to do, i'm not saying anything one way or the other, but i'll be watching it. It's interesting! It's very interesting uh and it's it's actually really. I welcome this, you know it's beautiful, i'm hoping it does create um some plays going forward.

You know and change the tide a little bit in terms of small cap trading 100 and now you know small caps, hopefully are going to be more, not not so reluctant to release a good press release. They don't want to waste, they don't want to waste their time going through all this. If they know they can't get the increase and everyone releases a press release to get the price their stock up hasn't worked for a few months now. I think that we're probably on the verge of some change in small cap world we're going in the end of october, early november december, when the market generally tends to heat up.

This seems like 2021's spi yeah, so it's nice yeah for sure guys. Anything else to add here rolling. Are we finished up? No like it's. It's just a great thing.

If you've never seen something like this before watch, learn, it's awesome, um! It's! It shows you! The beauty, like i mean some of my good colleagues and buddies, made a ton of money. Today you know jack did 600k yeah uh, my buddy sherog did 80 like they're, just a bunch of traders who did really decently today. On the other end of that there are people who i'm sure who got slaughtered over the last two days. You know blown up, counts, uh, horror stories.

There are going to be people who, like put their whole ira into this thing at like about a buck 70. Whatever yep uh there's, you know for every great winner story, there's going to be way more loser stories, um, and i keep that in mind and i'm moving on to the next play, and hopefully it brings more plays going forward. That was well said. It was really well said, um all right guys, that's everything.

We've got, hopefully that kind of showed you our thought process on dewox sympathy plays and kind of what to start. Looking for as this market heats up, we want to thank you very much for coming out and watching our youtube live. If you guys are not subscribed, make sure to hit that subscribe. Button leave a comment down below and uh obviously give us a thumbs up and until next time, peace out peace,.