 This is Melissa Armell and I am reviewing the market and I wanted to talk to you today a little bit about the trends course This is a class that I do a few times a year And I'm incorporating this and including this in the cyber week special If you sign up for the Golden Gap course you get this class for free and one of the nice things about the trends course is that It teaches you how to determine the trend in something in it anything that trades anything with a chart How to determine the long-term trend so here you see the overall market and many many people Misread trends in stocks and it is one of the reasons why people lose money because they will go long something They should be shorting or vice versa Anyways, the market here is in an uptrend the market is still holding the uptrend So again, I review this in the class and the trends course It's a one-day class, but it is so important to understand what trends something is in I'm looking here to chart at the spot The market is holding the uptrend Even with the drop-off we had here even if with the drop-off we had here You don't read trends by looking at higher highs and higher lows and lower highs and lower lows Many people do but that's not enough information You have to focus on what's happening the overall chart in the gap I'm gonna look at another chart here for people that again people are very very confused in this is a chart of Apple Now Apple is still holding the uptrend to but I will tell you this this is possibly in danger of Breaking now it hasn't yet It hasn't yet But it could Now obviously the market could break trend too, but I don't think that's gonna happen I don't think that's likely to happen. Whereas Apple might it could So I thought right now isn't enough trend as well, but could break trend This is showing more weakness overall than the market and it really was the collapse on the earnings quite frankly So this did not perform well in the earnings like X You know like people were expecting it to have a good a good review and it didn't and the stock really has collapsed ever since and Could never even rally on through here. This was the beginning of November, okay This was after the earnings so But I want to point out that Apple is still in an uptrend now. I'm gonna look at another one here And look at the QQQs, okay? apples drag this down, but QQQs are still in an uptrend Okay And again, I teach how to figure all of this out in the trends course But it's very important and if you're looking to day trade or do overnight trades or swing trades as a port for everything It's really important for overnights and options and swing trades understand the trend in something But I will tell you that day trading actively it helps you even to become more More proficient and even get more conviction in something to really hammer something NVIDIA different story. NVIDIA is in a downtrend Okay NVIDIA is in a downtrend and people bought this a couple of days ago Actually the day of this people bought this was a 20th It was a horrible horrible decision Even though it rallied in the day why because NVIDIA is broken and is lower still it is now in a downtrend So very important to understand how to read long-term trends and charts It helps you make money because you know what direction to play something and particularly overnight Very important overnight because you don't want to be caught in something overnight in the wrong trend That is how people lose their accounts But if you're in something in the right direction in the right trend overnight Guess what you can have huge profitable trades and a video was one of them called that two option trades overnight Called a bunch of trades in the market. You've got to understand how to look at somebody You got to understand how to read something right so if you're interested in the Goldenback course cyber week special I'm offering the trends class with that package free and if you want to take the trends class separately I'm still offering the cyber course discount of 40% off have a great great day Everyone have a great week and email me at Melissa at thestockswish.com if you'd like more information