 What is going on everybody? It is Stas here. Welcome back to another video. So in today's video, just like always, we're going to be doing an overall market update, taking a look at the Dow Jones, the S&P 500, and the Nasdaq. We're also going to be doing a trading update talking about what I did today on the 13th of June in 2019 in terms of my trades, as well as taking a look at some other stocks and ETFs that I'm personally watching and looking to trade here in the middle of the month of June in 2019, in particular, Disney stock. You guys saw in the title Disney stock. We're going to be going over some news that came out today regarding Disney stock, my personal opinion on it. We're going to break it down on a technical basis and talk about what I see coming in the next couple of months, some potential things with Disney. So before we do get into these topics of today's video, all I ask from you guys, this one simple thing is if you enjoy the content here, if you find value in the content, go down below and hit that like button. It really supports me and supports the channel in general. And if you guys want to be further connected with our community, I have two links down below in the description box, one of them being the Discord group chat and the other one being the Facebook group. Both of those are 100% free of charge, and I guarantee you guys will find a ton of value and you'll be able to interact with a ton of valuable people in there as well. So without further ado, let's just talk about it, guys, starting off with the S&P 500 and ended up closing the day up $11 today in 80 cents, a slim green day. Well, not really a slim green day, but a pretty solid green day here of about 0.4%. It wasn't a crazy green day. It wasn't a slim green day. It was kind of in the middle, but still a pretty good day for the S&P 500. The Dow Jones industrial average up 101 points at the close today, closing roughly the same percentage in the green as the S&P 500 up 0.39%. Very nice there for the Dow Jones today. And the NASDAQ here, you guys can see it's currently down about $11.50 down 0.15%. But this is the future. So if we go to the one day, one minute, and we can see here, the NASDAQ launched up close to the market open or market close today, which is kind of, I don't know why that actually happened. I would love to know if you guys actually have a reason to why this ended up happening here. But from what I can see here, I guess the NASDAQ closed at about, you know, $7,500, $10,000, $7,520, putting us roughly at kind of a break-even day here on the NASDAQ, maybe slightly green, not 100% sure about that from this chart here. But that's kind of it on a brief basis for what the markets did today. So now if we go back to the S&P 500, let's break some technicals down here. Since the markets didn't move crazily today to the upside or to the downside, the technicals are kind of similar to what we've been talking about over the past couple of days. But I get viewers, new viewers every single day. So I figured I'll always, you know, break these technicals down, even if I do kind of talk about the same ones day after day for some of the main indexes, because I feel like it's always helpful. And I know a lot of you guys do find it helpful to talk about these kinds of things. So let's see here. The S&P is currently trading at $28.91. We got rejected by the $29.15 level a couple of days ago. We saw actually a double top at that level. You guys can see it right here from then. We sold off. We struggled holding $28.85 for a day here. We dipped below to $28.75. And now you guys can see we gapped back up today. We saw that nice little gap up from the close yesterday. And we ended up closing above that support at about $28.85 again. So what I can see from this smaller timeframe chart here, the 10 day chart, I believe this is, what this is telling me is that the markets, they've been struggling around this area here. They haven't been able to get out of $29.15. They haven't been able to get or hold the $28.85 level until today, which is what is leading me to tomorrow being a very, my belief in tomorrow being a very important day. Tomorrow we're going to learn a lot about what the technical trajectory of this market could be. Are we going to pop up here? Let's say tomorrow we have a raging green day. We pop up, we test $29.15 again, $29.10, that double top from a couple days ago. Let's say we test that and we break it. Well, what is that going to tell us? That's going to tell us markets are very bullish. That in itself, a big pop up, even if we gap up tomorrow and we start to test these levels, that is a pretty bullish move there. Obviously, we could expect more green from that particular pattern if that did end up happening. But let's say on the flip side, tomorrow we end up gapping down and we slowly start to test, let's say $28.75 again, we break that level. Let's say we get down to about $28.65, $28.60. This could be a pretty bearish move and from there we could be losing more points in the S&P 500 here. So, 20-day one-hour chart, you kind of see a lot of the same. We're just holding a support, previous resistance here again at $28.85. This is a very, very critical level for the S&P 500. If we're going back to the 90-day two-hour chart, you're seeing a lot of the same. So, in my opinion right now, markets, the S&P in particular, it just needs to pick a direction. It hasn't picked a direction in these past couple of days. What is it going to do? Is it going to continue the sell-off? Is it going to continue this push-up? What is it going to do? And we're going to find out here in the next couple of days with the direction that it does end up picking. So, Dow Jones industrial average, you're going to notice a lot of the same. This one is trending above the 180 S&P holding that level as a support, which is a pretty good sign here on the 184-hour chart. We're also trading in between the level of $25,500 and $26,200. And notice how a couple of days ago, we double-topped at $26,200. And today, we kind of gapped up and almost got to $26,200. And we ended up getting rejected there once and again in the middle of the day. And then we saw that big gap up in the Dow, like you saw in the NASDAQ as well. I'm guessing it was a market-wide gap up here at the end, which I'm still interested in knowing what ended up causing this. But anyway, this is telling me that we are trading between the 200-point level on a smaller basis from $26,000 to $26,200. Clear support here, clear resistance here. Now, all we need to see is what the direction is going to be. Where is this going to push now? Are we going to retest $26,200 and break out, which would be a bullish move? Or are we going to sell off? Are we going to retest $26,000 flat? Break that, which would be a pretty bearish move. Markets, again, the markets over the past two, three days, they've been kind of boring. They've been fiddling around the same levels, not a crazy swing to the upside or the downside. But this happens sometimes, right? Because when you see markets push up as heavily as they did in the period before this, like they did last week, there's going to be a period of cooling off, whether it's a day, two days, sometimes a week after those periods of market acceleration, like we saw last week. So it kind of makes sense at this point. But now, since it's been a couple of days, I'm like, okay, it's getting to that point where we need to pick a direction because it's been a couple of days of cooling off. It doesn't really last. And again, not always. It mostly doesn't last, you know, this, not saying this is a long time, but it doesn't last much longer than this, than this most of the time before we do pick a direction there. So Dow Jones, that's what I'm seeing NASDAQ right now. You guys can see a lot of the same. We're trending really in between the level of 7400 and 7600 right now, about a 200 point level. Going back to that 184-hour chart, we talked about how a couple of days ago, we broke out of the 180 Simple Moving Average here resistance. We pulled back. We are clearly holding it as a support right now. But we're slowly starting to form a downwards channel here, as you guys can see pretty clearly at this point. So this is going to be a pretty critical spot for the NASDAQ as well. Take a look. We're in this channel now. If we break out of this channel and we break out of, let's say, $7600, that's going to be a pretty bullish move. So I'd wait and see. Are we breaking out of this channel? At that point, there are some tech-heavy ETFs that you can go along on that can do potentially well. You can see tech stocks at that point. That could be a pretty good break for maybe Apple, Facebook, Google, some of these stocks that do well. When the NASDAQ does well or vice versa, there's a lot of plays here that could happen or play out if we do end up breaking that level. But let's say we get rejected by the top of this channel here, the resistance of this channel. We slowly start to test the support and then we break that support. We can be seeing a bearish move from that point. But just keep an eye on this channel tomorrow. That should tell you honestly, where is this index moving? Overall support or resistance right now, I'd say is pretty strong at $7500, $7550 to about $7600 on the NASDAQ. If we break that, we may be going up $7700-ish. That would be the next spot. Strong support right now at about $7350 to about $7400 on the NASDAQ. That's the overall market update for today's video, guys. Let me know down below in the comment section. What do you think about the markets right now? I would love to know what you guys have to think. Again, me personally, I just think the market needs to pick a direction at this point. We've been fiddling, especially on the S&P and the Dow. The NASDAQ, it's a little bit different the chart, but the Dow and the S&P, they've definitely been fiddling and they just need to pick a direction from there. Trades will be a bit easier because we'll know where's the market pushing. We'll know where the market is pushing at that point, which again is always helpful when planning out trades. Let's talk about what I ended up doing today in terms of my trading. It was a very quick day yesterday. I didn't trade for those of you guys that didn't watch it. Today, again, I wasn't looking to force an opportunity, but I was looking at crude oil in specific because this was one that I did talk about in yesterday's video. I've had my eyes on it and it ended up playing out pretty nicely and let's talk about it here. Yesterday, I talked about crude oil, especially how it got rejected by that 50 simple moving average. Notice how yesterday was the 12th of June. Notice how on the 12th of June, we were trending down and we got down to this point at about 5090, a little bit lower from where we were a couple of days ago on the 6th of June. From there, guys, we saw one of the quickest pushes in crude oil this morning. Very quick push. Take a look at this. 1.30 am. This is about $8 before the market opened on the east coast. This one popped from $51.25 all the way to $53 and it rallied all the way up to $53.45. It rallied from $51.13 to $53.45. That is $2.30 in the matter of seven hours overnight. This is the move that I wanted to see on crude oil during the day today so I could actually capture it trade in UWT. The funny thing here, guys, is a lot of these ETFs, they play out overnight because they trade on futures that trade overnight. Sometimes the pattern, you kind of miss it because it happens overnight and then by the time the market opens, that pattern already played itself out, which is what happened here. Yesterday, I was saying UWT might be a good play, but I couldn't play UWT because crude oil made that move overnight. Then what did I notice when the market opened? When the market opened, this is why inverse ETFs are great, guys, because I switched my focus over to DWT because, again, I missed the UWT play because you can't trade that overnight or else unless I held it overnight, but I don't really hold those ever. That's against my personal rules. I hopped over into DWT and you guys can see, if we go back to the closer crude oil chart here, 5-day-5-minute, take a look at about 7.50 AM. This is when crude oil and then at about 9 AM Eastern Standard, 9.30 when the market started to open, this is when crude oil was starting to take a beating. It hit the peak at 53.45. That happened to be at the 50 SMA resistance on the 184-hour chart and we started to get rejected. Since I missed UWT, again, I can't trade overnight. I swapped my efforts to DWT to take advantage on the pullback from that resistance at the 50 SMA. If you guys can see, going over to DWT here, it played out perfectly. You guys can see the big gap down. 10-12 opened up at 8.50. That opened up a whopping 14%. The goal here is obviously not to catch the whole 14% gap fill, but the goal is to catch some of it. We did end up moving, although we did close down 7% from the low at about 8.57 to the high of the day at 9.42. DWT ended up moving 10%. Pretty interesting here, guys. This is pretty much the play that I went on today. We opened up. We gapped down a bit. We started to spike aggressively at this point. Crude oil in my eyes confirmed the rejection under the 50 SMA at about 10 a.m. Eastern Standard. We started to sell off, or at this point, we started to recover a bit on crude oil. We got the rejection again, and this is when I started to build in the position on DWT right on this little dip here at about, I think it was like 8.92 popped up, pulled back again, popped up here, and then we pulled back again, and then we started to pop up heavily here. This is when I ended up selling my position. It was like an hour and a half later. Once we broke the 9.11 resistance here, we started to pop up aggressively. At that point, we were very overbought, and I just sold off for a pretty solid profit. If you guys can see from 8.92 upwards to about, I think I got out at like 9.16, that's about a 2.6% profit there, and I held it again for about an hour, an hour and 10 minutes. That's what I ended up doing here on DWT, and that's it for the day, guys. It played out pretty cool, and that's just an example of how inverse ETFs can sometimes make that move overnight, so you can't really capitalize on that move, but then you hop into the inverse and play on the opposite move that you were planning on playing on, if that makes any sense. That does sound kind of confusing, but I know for those of you that understand what I'm saying, you know what I'm saying, right? So let's just get into Disney stock very quickly. We saw in the title of today's video, Disney stock popped up, and yes it did. A Morgan Stanley analyst upgraded the stock price target from 135 up to 160, and I'll pop over here to this little article that I do have here. The underappreciated Disney streaming service should power future earnings at Dow Jones Media Giant Walt Disney as subscriber growth ramps up, Morgan Stanley said. This is the interesting point right here, guys. Analysts at the Wall Street firm now foresee 133 million global paid subscribers for the three major Disney streaming service, which are Disney, Hulu, and ESPN Plus. 70 million subscribers by 2024 are expected to be a part of what's it called here, the Disney Plus streaming service. So Morgan Stanley expects Disney Plus to ramp faster than Netflix, and the analysts raise their price target on Disney stock from 160, like I said, from 135. So this is a pretty interesting little tidbit of news that came out today. We all know that Disney Plus is coming out. I believe it's releasing on November 12th. That's the exact date. I'm pretty sure. Not 100% sure, but I'm pretty sure that is the date that it is releasing. And we got news of this, the pricing strategy a couple of weeks ago, back on April 11th, I believe you guys can see the big spike. And ever since that day, guys, Disney has been ridiculously on fire, right? From 117, it literally went up like 12% in one day. We've got up all the way to 143. And at this point in time, the hype behind Disney Plus was real, guys. This was moving the stock and sometimes in periods of hype, stocks get so pumped up, and sometimes they get extremely overvalued. Not saying that it was overvalued here, I'm not giving it a valuation whatsoever. But we can see ever since that big spike up, we started to cool off a bit. Hype started to die down. And now, yet again, guys, we got some news from this Morgan Stanley analyst coming out, upgrading the stock and the stock is on the move again 4%. And as we get closer to this event, I'm asking myself, you know, is this hype maybe going to ramp up maybe in the September, October months leading up to the release of the Disney streaming service? This can be something that definitely happens. I've talked to a lot of people, we've discussed this, and a lot of people think and have the seen stocks do this before. We're leading up to an anticipated release in the business, in this case, the Disney Plus streaming service, people get so hype about this release and it pumps up the stock, right? It pumps up the stock. And then you notice how once the service is released, the stock starts to sell off. Am I saying this is going to happen? I'm not saying this is going to happen. I'm just saying I've seen stocks in the past do this. And you know, this could be a possibility for Disney, right? I just figured I'd talk about it in today's video, get some thoughts churning. It's always good to share information. Maybe some other people haven't really thought about this. And you know, let's say the hype does last a little bit longer, maybe into September, October, whatever it may be. And let's say we do get to that 150, maybe 155, 160 level for Disney, like the analyst is expecting. I don't know if that's going to happen, but let's say it does. You know, at that point, once the streaming service is released, I'd be pretty scared to see where Disney stock would go because at that point, $160, it was literally $100 a couple of months back. At that point, the streaming service hasn't even been released yet. We haven't even gotten real numbers from it, how much money it makes. I'd be nervous to really think it's going to bring that much money for the business to be worth that much for the stock to be 160. At that point, I'd think it would be a bit overvalued. So that's kind of my opinion on Disney, guys. I'd be careful heading up to the release of the streaming service. It could drop after that as the hype dies down. And it's just one of the hype stocks out there right now. In my opinion, it's talked about. The streaming service is very much anticipated. So keeping an eye on it, it is worth tracking. So AMD is another stock that I'm watching, and we might as well just get into a couple that I'm personally watching too. And yes, I am watching Disney, although I am a bit skeptical. I'm still watching it. Waiting for a pullback here would be very nice for a potential entry. So AMD is in another situation where, unlike Disney, where Disney's a bit overbought, well, AMD is a bit oversold here. Not really oversold, but it's getting to that point where it could be a decent deal here if we end up holding that 50 Simple Moving Average support here and the general area of support at around $30 here. As you guys can see, that was an old resistance. So if we end up holding the $30 to $31 level for AMD advanced micro devices, we start to see a bit of a pop up on the RSI. We're holding that 50 SMA. This could be a nice little dip buy, and you guys can see it ran up to $34, and this dip is about a 10% dip here. So if we can get in on this, once it does start to confirm a support level and a reversal to the upside, I think AMD has a lot to offer right here. So Tesla is another one that's interesting. We talk about Tesla a lot on this channel on a technical basis here, and we've been talking about how it's been getting rejected by the 180 SMA. We talk about that a lot. Well, it got rejected again by the 180 SMA a couple of days ago, sold off. Now we saw some consolidation today. The stock was up about 2.22% up $4.65. Tomorrow, in my opinion, is going to be a critical day. What are we going to do? Are we going to get rejected here again by the 180 SMA, pushing us down, maybe testing that 50 SMA, potentially breaking that, which would be a very big bearish move, or are we going to break the level that hasn't been broken above over the past couple of months? It's been kind of peaked above a couple of times, but it hasn't stayed above the 180 SMA over the past couple of months. And let's say we get that, we get a break out of that level. That would be a pretty bullish move on Tesla, but I'd still be pretty scared about that. We're not scared. What's the word? Cautious, because Tesla, the narrative is super negative surrounding Tesla right now, which could continue to drag the stock down, guys, which is kind of why I'm staying away from it, in a sense, from trading at this point in time. But if we do see a big move, I will definitely be a part of it. So, two more stocks I want to talk about here, two video game stocks, one in particular, that's interesting, really interesting. Both are interesting, but in this one, TTWO, I think it's better than the other one. But let's take a look here, guys. TTWO, it's been battered over the past couple of months. We all know how video game stocks have been doing. EA, take a look at this one. EA got killed. Now it's finally recovering a bit. TTWO, we just saw that, right? ADV, you know, ADV's been getting crushed. So, going back to TTWO, this one's doing the best, in my opinion, on a reversal standpoint. We got out of the 180 SMA, 50 SMA resistances. We're breaking the downtrend very, very clearly here as of the middle of April in 2019. We're holding the 50 SMA as a support, making higher lows. And at this point in time, we are at a pullback from 112 down to about 108. We experienced about a 3-4% pullback at that point. And notice how we held the trend, we held the 50 SMA at a higher low, and now we're starting to pop back up. So, tomorrow, this could be an interesting little play here on the continuation of the uptrend. This could be the point in time where video game stocks are finally coming back, maybe, right? This could be finally a group of stocks that's getting a breather, because we've seen how bad they've gotten beat, and it's pretty, pretty bad here. So, this could be a dip by just watching and seeing what it does pre-market tomorrow. So, ADV, another one that we just actually saw, it's been battered, even worse than TTWO, is actually at a point where it's similar to TTWO in a sense, but the only difference is that this one's more of a downtrending pattern here, but this place that we are at right now, this could be the breakout spot. So, keep an eye on this. Look, higher highs, higher lows, it's holding that trend line today, especially since we held the higher low at a support level, and we started to pop up. This could be a dip by, especially if we're gapping up pre-market hours. Let's say we start to trend into the $47 level and we get out of this level from the middle of May in 2019 at about $47.30, that's a strong resistance. That would be a big move if we were to break this level. So, overall, right now, before I even get into ADV, I would love to see a break into the $48 level, because at that point, that's a complete change in pattern, guys, and from there, we could do something like that, right? And if we start to get back into the 50s, that would be a huge, huge play and opportunity for ADV in my personal opinion. So, I'm going to end off the video here, guys. If you enjoyed it, feel free to go down below and hit that like button. It really supports me and supports the channel in general. If you're new to the channel and you haven't subscribed yet, hit that red button. Hit that notification bell so you're notified every single time that I do make a video and drop a comment. Let me know what you guys ended up trading today. I would love to know. I appreciate all you guys for watching. Peace out. I'll catch you all in the next video. Thanks again. Have a good one.