What's going on everybody trader bryce, here, small cap recap: uh, pretty i'm gon na call a relatively uneventful day in the markets, although the overall market just still proven to have a lot of range uh a lot. A lot of downside range, unfortunately um, but again still opportunity today, and i do have some really, i think pretty good watches for tomorrow, going into the end of the week uh, but again the the the action small caps has been choppy lately. You guys, you guys know this. If you've been trading it a lot of failed, follow through um really, we did have n-u-t-x yesterday, not x, which was pretty crazy.

It was nut e nutty, but not nut x. Do we have that? Do we have that sound effect? Brunch yeah um, i'm gon na try that one more time it was nutty but not nut x, yeah there we go um but and that's gon na be a great watch for tomorrow. I'll show you the chart in that in a second um, then we had nktx. Yes, shirt well, not yesterday, uh two days ago, gapping, you know from seven dollars hit a high of like 20 after hours, and now it's just hanging around that 18 19 level, even after dropping an offering.

Although something tells me that i'm missing something there because it didn't drop like it actually had an offering, so if any of you guys do know the the deal there, let me know down in the comments below, because i do see they filed a 424b uh. They filed that prospectus and it showed like a 13 million share, offering raising like 200 million dollars too, and normally that should drop the stock a bit more i mean the float is only 27 million uh, which would effectively you know, increase that outstanding share count, but I could just be missing something, so if i am missing something, let me know below anyways, let's get into um the the the charts here. So we have the spy again just like i said, proving a lot of downside range after this 445 break just slammed, and this uh i'm not i'm not going to sugarcoat it like this is not. This doesn't look too good uh and that's okay.

That's fine! Like the market doesn't have to look great all the time right, like you have to really consider how far this market has come, i mean we are obviously covered. Low is down near 200 and we're still up in the 400s right like this is just a wild chart. The market is not meant to do this, so it is expected that we should, i mean realistically, like, in my opinion, let's, let's pull up like a 20-year chart here: okay and like this trend line right right here this even this is relatively steep but like this Is how the market oops well yeah, more or less, but this is how the market was meant to move right like this right here i mean it's not it's not unrealistic for this to come back down in the 300s and still be a healthy, long-term chart. Uh - and you know that that's okay, so keep that in mind, i'm not saying it's coming all the way back down to 300.

You know 320, whatever um, but it's possible, and so i i don't think this will be as much again of a crash as we had during cove this. This also isn't normal, this massive poll, not normal uh, but we had obviously a pandemic, and just that was very brand new to a lot of well to almost everyone. Unless you were alive during like the uh, what was like the 1918 flu or something, but essentially when the influence influenza came out, came out like they dropped it yeah. We draw a really nice flu drop.

We had in the 1900s, but like that was kind of the first pandemic of our. You know, modernized lives and that's been over a hundred years um. So we haven't lived through that experience in the market, and that was what that was now. This, in my opinion, is going to be a different fall.

This is going to be more of a bear market, looking scenario if we do continue down lower, where it's going to just be a few months of chop chop downward. You know it's not going to be this massive crash, because a massive crash implies a massive bounce um and we probably the market, will will bounce just a matter of when and so it's kind of. For me, i've been dialing way back. I took one trade today and took a tiny loss on it, but i've really, as you probably have seen, noticed i've dialed back my trading a lot just because again, i'm waiting for the market to look better when we had this bottom here on the spy.

This is when the market, small caps included, got crazy, and so i'm just waiting for that market bottom to come in which uh, which could take a little bit of time. So again i mean if, if we do break under 400 i'll be waiting for a bottom. Hopefully, in like the high to mid 300s and then start attacking again with size. That being said, let's go through some charts, so ost was kind of interesting and still is interesting.

It was an ipo today opened up at 10, a share now trading up at 36, but very, very tough one to trade. As you can see, the volume was not there's really no, no volume on it. Um and there's risks of a lot of polls and a really tough one to trade, but it is interesting i'll keep an eye on it. Kind of reminds me of gns, probably will be a really uh.

Interesting short well doesn't want to pull up on the daily, because again it's an ipl um but again opening down at 10. So i hopefully they don't just completely liquidate like they did with gns, but definitely something to keep an eye on ost over the next few days. Ater uh aider isn't a bad look on the daily. In my opinion, i didn't trade it today.

It's still pretty mid-range, but over this 580 level i think we have a very like a very serious potential to retest this 650s 670s. All the way up, if we can break out, i mean this is just this. Is a nice looking chart. You know what i mean it's i suck on laptops.

I mean we. It looks very similar to this move last time right where we had this perk consolidation and then re-break out, if we re-break out over that, i think it's very realistic. We see tens, i'm not ready to start a swing long on this, yet i believe they did have uh like i could be wrong. They i thought they had an at the market offering or uh right to basically sell whenever i'm pretty sure they did.

I could again could be wrong on that, but if they complete that, if i'm right and they do complete - that this has some really nice run potential. So again, i think the key level to be looking out there is that 720s breakout, but before that that 580 level should be pretty key. So if we can get over that the next few days, i will absolutely be looking at that for potential swing. Just because again, this to me looks very similar right here to right here as well uh, and what do you know? It acted as quite a bit of resistance there uh.

So and again, i i don't see much higher than 10, but i could be completely wrong. So fingers crossed ater. That is definitely on my watch list here uh. Then we have that nktx again like i like, i had mentioned uh.

So apparently they did an offering this day. Um for 13 million shares uh at a 15 valuation or 14 now 15. After their underwriting fees was like, 14 10 is what they got, but we're holding up at highs. I don't know what's going on here, but if we break over 20 absolutely has some pretty nice potential lower float relatively speaking, um and this this could be an interesting chart.

You know this wouldn't surprise me to see like 25 uh, if, if you know that offering doesn't affect anything, n-u-t-x was the one i lost on today. I was looking for this day two move and i i realistically i shouldn't even taken the trade i bought. The dip down here at like 9 10 after he dipped under view op, and i cut it 950 850, but i had such small size. It really didn't didn't matter.

I just wanted to get a little starter in case. We could perk back through this 950, in which case i would have added uh, but this is a good third day surge watch for tomorrow. Um now the float as you can see down here it shows 650 million. I don't there's, there's clearly something going on there, because this is not moving like a 650 million foot.

I mean this ran yesterday from 4 to 14, there's something going on there, but this is a really really solid third day surge watch for tomorrow. I'm just going to be looking for this trend. Break right here will turn off after hours. I'm really just going to be looking for this trend break essentially from today right.

So this is that main trend, i'm going to be looking at right here, which is debatably just about breaking out of right now. It wouldn't surprise me if this ran after hours or pre-market so i'll be keeping on watch. This is one i would trade in the morning tomorrow if we could just open up right around this nine nine dollar level, uh, but again good chance of gaps, uh and then, lastly cyn. I know a lot of people have been talking about it.

I personally am not a fan of this chart to me this just looks super manipulated. This looks like a pump and dump it's one. Two three, four five straight green days in a row of just a bunch of chop with a lot of volume for a low float seems like there's an agenda there. I mean it's up from a dollar right like this.

Is a prime prime uh offering look like they're just keeping it up to do some kind of offering, hopefully i'm wrong, and if you guys are trading it, i'm i'm doing well on it. Congratulations to me like that. Intraday, though, is just very telling like big pops, big drops, recoveries big drops so we'll see, but that is an interesting one to watch. I personally am just going to avoid it long again for me in this market, the most important thing is preserving my capital.

I do not want to be taking big losses during a choppy market, and i know a lot of you guys are noticing it too. This is not an easy market. I was actually on like jack kellogg's instagram story yesterday, and he said this is one of the hardest markets he's traded through um. The only other hard time he could remember was april 2019 april through august uh, when it was it was dead.

Right, like the summer, was just dead and it was just very much like this you'd get some movers, but they were just so choppy so hard to trade um that it's tough, so don't feel alone. If you are struggling in this market, but make it a very, very clear effort to stay safe, you know what i mean. This is a great time to double down on your studying. This is a great time to double down on uh learning that process right, and you know that's that's some.

That's one of the biggest things that i had learned early on in my journey was really like sykes likes to say you know, build your um, build your your knowledge account first right! That's in that! That's what this is a perfect time to be doing and speaking of which guys uh by the way. This is, i think, the first year since the pandemic, that i think we're planning a sykes conference and if you guys are interested the only way to actually be able to join. That conference is by having uh one of his nfts from his new collection that just launched. There are a few left if you guys want access to that click.

The link down in the description below, because these conferences are a fantastic way to help build that knowledge. Account right, like you're gon na, have a lot of top traders. They're gon na have sykes there. These are great people to be learning from uh.

So if you do want to be able to go down to go to one of those conferences hit that link down in the description below, so you can get your nft again there's a few left. This is a i'm really excited for the conference. That's coming up, like i said, that's a great way to start building your knowledge account uh and there's other stuff other than just the conferences as well uh. That also gives you access to other educational material.

I believe um so anyways, guys without further ado or without further ado um. I do have to get going for a webinar here so, like i said this, you just stay safe right now. Let me know how you're doing down in the comments below again. For me, capital preservation is key.

I want to make sure i'm doing everything. I cannot to be losing a lot right now. I've seen a lot of traders who made a lot of money during that 2020 2021 market. Now, over trading now like really getting way too risky in a market that will chop you up right, this is not this market could last for a few months could last for a year.

It could last for two who knows: i don't care and you shouldn't either just build that knowledge account up right now: stay safe, stay, disciplined leave a like make, sure you're subscribed. Have those post notifications turned on so you don't miss small cap recap and, like i said, hit that link down in the description to secure your nft. So you can attend these conferences, these events and really help build that knowledge account without no not without further ado. Uh anyways, i'm out of here, that's what i'm looking for.

I can't think of the big words thanks for watching i'll, see you back here, thursday or friday guys. We hope you guys enjoyed that last video thanks so much for watching and being a part of the stocks trade community - we wouldn't be here without you guys be sure to hit that like button and subscribe to the channel. If you haven't already, our goal is to get 100 000 subscribers by the end of the year, but we can't do it without your help. So if you enjoy what we're putting out and want to hear more, be sure to hit that subscribe, button i'll see you guys in the next video.