 What is up everybody it's Stas here and in this video 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 personally did today in the markets as well as some stocks and ETFs that I'm watching and looking to trade right now in the month of November slowly creeping up here to the month of December in 2019 and as you guys read in the title we're also going to be breaking down U gas, D gas, natural gas, some weather outlook over these next couple of weeks and kind of what to expect based on some analysts for this natural gas report tomorrow. So if you guys find value in this video feel free to go down below hit that like button consider subscribing if you do want to see further content from me and if you want to be further connected with the Strive smart community the discord link is down below as well as the Facebook group many people in there many traders many investors that you can really just network with and bounce ideas off of so let's hop into it right here guys with 10 minutes left I guess you can say 11 minutes if you want to be exact here the S&P 500 is down 12 points and finally guys we got that healthy correction that the markets have been needing here over the past couple of weeks we finally got it today and this is actually something I've been talking about and I kind of talked about it more in depth in yesterday's video and pretty much we can see on the hourly chart how much the S&P needed that pull down we can see how overextended we were in terms of this RSI down here we can also see how extended we were above that 50 SMA and that's why in yesterday's video I said you know if we do pull down look for it to find support either on the 50 SMA which it didn't or somewhere under there at a higher low which it seems like it's doing right now so tomorrow what I'd like to see is you know does this thing break above that 50 SMA and that EMA to ultimately continue this uptrend and get to another all-time high or is it going to struggle and potentially dump off and go to that 180 SMA which is this yellow line and get to about 3067 maybe 3070 3075 which would be an even bigger correction in the S&P 500 so that's kind of what we're looking at right now if we go to the one day one minute you guys can see you know we gapped down we kind of hovered at around 3115 for a couple of hours then we saw a massive drop off here to about 3091 and since then we've been slowly recovering right so at this point we were actually down if we actually just scale this up real quick I don't know why it's not working here actually maybe my tool is off let's see okay so we can see we were down at that point around close to 1% 0.9% to be exact and we also got some news today about the trade war that there's likely not going to be a phase one deal in 2019 it's most likely if they do come to an agreement here a phase one agreement it's going to be obviously in 2020 or beyond hopefully not beyond guys hopefully in 2020 but let's take a look at this Dow Jones industrial average right now it's down 120 points down point of 0.43% here and if we go to that 20 day one hour chart you can see we were overextended in terms of the RSI we were very kind of far off of that 50 SMA screaming for a pullback and we finally got it yesterday right like we talked about in yesterday's video and that ultimately led to today which actually brought us down from that peak all-time high at about 28 100 down 1.3% at the low point here today which was at around 27 700 so that's a pretty healthy correction 1.3 1.5% further Dow Jones here over the past couple of days so that's a good sign and honestly on a technical basis here we're still holding a higher low although we did break that 50 SMA we're still holding that higher low guys which is good here so watch tomorrow do we break up do we potentially continue this uptrend here to go for that higher high right to go for that 50 SMA and EMA break or are we going to sell off test that 180 SMA and obviously at that point that would be a further correction and that could be a good opportunity to buy the dip potentially if you guys are long on the markets right now so the NASDAQ here down 0.75% this one's getting hit the most right now down 61 points at the time that I'm recording this video and if we go to this hourly chart you can see we hit that all-time high at 83 79 this was on the 19th of November which was yesterday and since then we've pulled down we've tested that 180 SMA we broke below it a bit but it seems like we are holding it and trying to fight back above it and that will be a higher low if it successfully pops and goes for that higher high and for that all-time high here which would be anything above 83 79 so I'd watch and see what the NASDAQ does tomorrow and it's really the same thing you know across all of these indexes we've seen that healthy pullback that I was talking about over these next couple of videos now all we're waiting to see is are we going to hold the higher low and continue the uptrend or are we going to sell off and potentially see a further drop in these markets maybe down 2 more percent you know 3% 4% we just have to wait and see the way this week ends though it's going to be super important because you know in these next two days if we fight for this high that's obviously going to be good for the bulls and we could continue up from there but if we dump further guys this can issue a technical break that could trigger some panic selling at the end of the day especially if we get a negative catalyst or something like that to go along with it I know that's a lot of hypothetical stuff but I'm trying to just give you guys ideas of what could happen and honestly helps me with my strategies and with my risk management at the end of the day so that's what the overall markets are looking like right now a kind of a snapshot let me know down below in the comments what are your thoughts and let's hop into what I did today in terms of my trades and it was yet again another day where I did in day trade guys I feel like this is the longest I haven't really day traded in a while but I did end up locking in profits on Facebook by my trailing stop loss my trailing stop loss actually saved me today because we saw a Facebook took a pretty big dump if we go to this one day one minute chart we'll be able to see it you know at this point we were up at to about 199 bucks here this morning then we actually dropped all the way down to 195 guys and this is why it's super important especially if you're up on a position and to just set a trailing stop loss and what that is let's say you're up on a position right me personally I was in Facebook around 193 at this point in the morning at 199 I was up how many percentage points probably like 3% or something like that let me just show you guys an exact figure here so this morning yep I was up around 3% on Facebook and I set a half percent trailing stop loss that means you know if this thing continues to go up that stop loss follows me right it follows the price and my profits don't get affected but once the stock starts to fall that is when the stop loss it's it's it's kind of hovering there at half of a percent below from where the stock's price is and then once it continues to fall gets closer to that half percent that's where it triggers and it sells and it kind of again protects your profits and that's kind of exactly what happened today again with Facebook here because I set the trailing stop it was hovering it was hovering it was getting closer to that trailing stop closer and closer you know 0.2% away 0.1% away then all of a sudden it fell through the floor and locked in those profits thankfully because again we got to 195 now we're kind of climbing back up and at this point I'm going to look for a reentry other swing trades I'm involved with PayPal kind of I didn't set a trailing for this one this one's kind of a drop I lost a decent amount of my gains from yesterday but the good thing is here guys that we're still maintaining the uptrend based on the close of today's a session higher low here on the hourly chart so I'm simply viewing this as a dip and I might actually consider buying more PayPal in tomorrow's session or maybe even Friday if this trend continues up so not too worried right you know hindsight and hindsight now I should have took in my profits yesterday but obviously we can't go back in time and do that so I'm just playing it the way it is now I'm simply holding I'm still up on the position I'm up about a dollar per share based on my average and yeah simply holding there Shopify holding that one as well but I'm a little bit down on those shares CMG this is one that I'm doing quite well on I've been in this one since the 750s continues to do well my goal is to sell out at about 800 bucks right under this 180s sumay let me think what other ones am I in guys McDonald's McDonald's I'm up a little bit on this one but still it's just been consolidating nothing crazy looking for that break up to about 198 200 bucks that's where I ultimately plan on selling so that's kind of the rundown on what I'm personally doing in my trading right now let me know down below in the comments what stocks are you trading what are you swing trading are you day trading or are you just chilling on the sidelines on cash which is never a bad idea at the end of the day because once opportunity comes that's when you'll be able to strike so let's talk about natural gas now guys all right guys so this is the natural gas chart that I'm personally watching the ticker symbol is slash NGF 20 and we're currently looking at the natural gas January futures so let's break down some technicals before we dive deeper into some report details some outlooks and kind of where to find the report and you guys indeed guys in general so kind of what I'm looking at here on natural gas is we're trading between a range from about 258 to about $2.97 I guess we can round that up and say 3 bucks so we're kind of in a 40 cent territory right now and if we look at the price action over these past couple of days one can argue that you know this level at $2.57 is a very very strong level of support we consolidated there yesterday and today and now we're fighting to break above 260 and ultimately enter the next channel which is between 260 and about 266 this is looking like a pretty bullish close for today in my opinion on natural gas we can see it's up 1.5 percent up 0.03 cents here up almost four cents but it's still not completely bullish because we didn't get that definitive breakout quite yet and on and on a technical basis and honestly what we would want to see for you guys's sake which goes up whenever natural gas goes up it's obviously going to be that breakup that's going to get us ultimately from 260 up to 266 which is a move of 2% and ideally even higher and a breakout eventually above that 180 SMA which would be putting natural gas at a point where it's four or five percent higher from where it is right now but since it hasn't fully broken out quite yet we can't go there but that's kind of what I'm watching for tomorrow in terms of trading you guys right so if we end up selling off here for example you know we break below this 50 SMA again tomorrow we dump back into the 250s that's going to be a technical move that's obviously going to favor D gas which goes up whenever natural gas is selling off so at this point on a technical basis just judging on natural gas here I'm looking at what direction it's going to pick because it's really at a funky spot right now kind of hovering right around that 50 SMA telling me that it could really go either away at this point right so going to this report where can you find this report that's really important and you know how the price of natural gas is going to perform so this is where you can find it the link is ir.eia.gov and you can simply go to google type in natural gas report and it's going to be one of the top links that pop up this is what it should look like so tomorrow you'll see a date right here where my cursor is that says 11 slash 15 and that's going to be the data for the week between the 8th of November to the 15th of November which is that one week period right which is going to show the data we'll see the east region midwest mountain pacific etc I made a video about last week's report about a week ago so go check that out I'll leave a link down below but pretty much last week we actually had an injection of 3 billion cubic feet which is going to lead us to some predictions of what this could be for tomorrow and let me pull up some info for you guys right now so as I was doing some natural gas research today guys the early view storage survey Friday showed 20 respondents predicting a median 89 BCF withdrawal for the week ended November 15th with expectations ranging from a withdrawal of 65 billion cubic feet up to a withdrawal of 102 billion cubic feet so based on these 20 reports tomorrow we could potentially see you know a withdrawal of 62 to around 100 billion cubic feet there which pretty much would show on this number here instead of a three it would be like a negative 50 number negative 30 negative 70 depending on what the number actually is right and that really correlates with how the weather has been you know across the country from the midwest northeast south all that good stuff so we might as well just talk about some data that I have on that and kind of where people think the weather is going to be going here over these next two weeks which again fluctuate the demand for natural gas the prices and then obviously whether you guys or D gas is going to go up or down which is important for us as traders so for this week we're currently in actually from a couple of days ago November 15th to November 21st a reinforcing cold shot will sweep across the Great Lakes and northeast from Friday to Sunday which is going to be this weekend with chilly lows of 10s to 30s a second milder system brings heavy showers to the southeast with lows of 30s and 40s the western and central us will be mild with highs of 50s to 80s coolest northwest a weather system will track across the east and southeast early next week just not a very cold one mild conditions will cover the rest of the us early next week with much lighter national demand a stronger cold shot is expected into the northern us late next week overall high national demand through sunday then moderate early next week so if we hop into what people are thinking for next week according to nat gas weather for November 19th to November 25th three separate weather systems will impact the northern us today but none very cold one will exit the northeast a second will track across the Great Lakes and a third will push into the west while slightly cool these systems will still have highs of upper 30s to 50s the rest of the us will be mild to warm with highs of 60s and 70s warmest over texas as high pressure sets up over the central us then shifts over the south and east wednesday through friday a fresh cold shot will push into the central us thursday then into the east friday through saturday with lows of 20s to 30s overall light national demand this week increasing slightly this weekend on eastern us cooling overall national demand will be moderate through friday then high this upcoming weekend so there you have it guys that's some info on weather which is currently happening now and kind of what to expect here over these next couple of days in the month of november and we all know at this point the way that it works is once we get more withdrawals of natural gas again we talk about the estimates from some of these analysts you know once we get withdrawals and demand starts to kick in and it gets extremely cold throughout the united states right that is when the price of natural gas is going to go up right that's when supply is going down because it's being used and again that's pushing the price up but one thing to consider is i've read there's a lot of production of natural gas this year and it might not be as cold as it was last year when we saw that massive push in natural gas which we can see on this chart here you guys can see it went from 273 up to nearly five dollars which is why we saw a parabolic move in you guys last year so that's something to consider here right you know although cold weather is going to be coming here we'll be getting withdrawals for sure you know overall a lot of people aren't thinking it's going to be as cold um this winter which really it's not too good for natural gas in terms of its upside but it doesn't mean that it doesn't have any upside at this point sure it may not hit five bucks like it did last year but it may go up to three maybe 320 330 before ultimately selling off again um heading into the warm season so you guys degas guys what am i watching here you guys today actually did quite well it was up 58 cents up 4.45 percent but if we're still judging on this hourly chart we're trending below the 50 sma still we're trending below obviously the 180 sma so ideally at this point if we get that natural gas pop that we talked about up to 265 and if we break that that's going to shoot up you guys here um tomorrow above this 50 sma and it gives a room to run at that point up to that 180 sma which would be a gain of about 13 to 14 percent and of course like i always do typically on thursday's guys i wait until after the report before trading because that's kind of going to show us the trajectory of you know you guys and degas let's say we get a huge wider than expected withdrawal tomorrow which is extremely bullish this thing could be flying up 20 percent in a day and we've seen that happen before so i'm kind of waiting to see um but the technicals that i'm watching out for are that breakup here or if we get a report that's bearish tomorrow right we may drop and then degas will be the play but honestly guys i think in these next two weeks i'm still remaining bullish uh but the thing is again like i mentioned i don't think we're going to see as crazy of a run as last year because a lot of people are saying again there's a lot of production out there and it's not going to be as cold but that doesn't mean that this thing can't run which again is why i'm watching it for the potential upside that it has that is you guys and natural gas that is and of course once this season's over we can flip back to degas and then trade that as natural gas falls so overall that's kind of what i'm thinking right now guys some data some analysis some weather outlook for natural gas and kind of what can fluctuate these over the next couple of weeks so let me know down below in the comments what are your thoughts on that now let's talk about some other stocks and ETFs that i'm watching here and there's really just a couple that i really want to go over with you all so let's get into that right now so the first one that i want to talk about that did very well today is altria ticker symbol m o and we finally got news that donald trump the president of the us he's backing down from banning flavored e-cigarettes so this is why altria again ticker symbol m o saw this massive spike because it owns jewel it has a huge ownership in jewels so this stock went from 47 up to nearly 50 bucks on the news now it's cooling off a bit but still closing at a higher low from where it started on that positive catalyst so honestly guys m o is a stock that i own in my long-term portfolio i've been buying it in the low uh low 40s high 30s i bought a lot down there and honestly i've been riding it up and i see potential in it now for my swing portfolio even right and it's because again that positive momentum from this news today and it's been really uptrending over the past couple of weeks riding moving averages and really reversing to the upside based on this six month chart this is looking like a stock that's overall reversing right we were we were getting rejected by moving averages here couple months ago honestly a couple of weeks ago we broke out of those moving averages we broke above 47 which is a major resistance now the next resistance is 40 bucks we got the positive catalyst today we ultimately pulled down to 48 45 opening up that margin so now i see this level where we are right now um being a pretty good entry point for a swing up to 50 bucks so i'm watching that one about three four percent margin um in this particular stock another one that's looking good as a swing is at v guys ticker symbol atvi activation blizzard let me show you all on the four hour chart why and you can probably guess yourselves why i'm attracted to this stock we held 52 bucks very nicely which was a support a couple weeks ago that's a good sign right ever since then if we look on the hourly chart we've been making higher highs higher lows riding moving averages now we're breaking above the 180 sma on this hourly chart which in my opinion is a breakout sign now we can potentially go up to 55 56 bucks um which is really what this 180 sma break signifies and indicates to me personally so that is looking like an upside of around 3.2 to around 3.3 percent if atvi's able to make that move marijuana stocks or mj stocks again use the code word mj here mj stocks did quite well today yet again acb up 12 percent uh we talked heavily about these yesterday if you guys want to see more in-depth um analysis on the mj stocks and one that i would pick go check out yesterday's video but just to run through them right now you know aphria went up 5 percent cgc went up 15 percent chron up about 3 percent uh it's not as good as the others but still a good day you know um you know with how they how poorly they've been doing right ogi up 6 percent tilray um up a nice 4 percent so mj stocks did quite well today and this is due to the federal ban um they're potentially looking to lift it and uh you know you can see it right here cannabis stocks rally for a second day after house passes bill aiming to lift federal ban on mj so that's a really good catalyst for these stocks if they um break out from here if they actually do lift that ban these stocks have a lot more potential in store um and again go check out yesterday's video if you want to see my opinion on which one i am personally buying and want to buy a lot more of so another stock that's dipping today is apple guys um aapl i don't know if this is worth buying because it's been up so much recently but it's on fire and any dip you have to consider it even though it's high up here so it's i think it's worth watching um would i rather put my money in apple or um you know one of these other stocks it's questionable right but i'd still consider apple at this point on this dip from 263 up to 270 or 268 that's about a 2 percent margin of profit um it's worth watching here guys but again if this thing ends up breaking you know this level to the downside maybe we get a negative catalyst this stock can be hammered just due to it going up so quick i feel like it could come back um even quicker right come back down we all know stocks you know they typically go up slowly slowly slowly then when they crash it happens in a couple of days they come down a lot quicker then they go up so one more that i want to talk about before i do end off this video guys it's going to be pg proctor and gamble we're finally breaking above 121 75 into the 122 so this one's worth watching for a potential swing up to that resistance at 125 giving it a level uh margin of profit of around two to three percent so those are kind of some stocks i'm watching um you know some industries i'm watching i'm watching heavily these mj stocks guys um anything any catalyst that's positive here like cannabis 2.0 this thing could explode these stocks and we can see gains that that that crush but we need to see those catalysts and honestly they have a lot of headwind here over these next couple of months so i don't know if anything will happen to them soon here but long term i do see potential in them and um yeah that's pretty much it for the video if you enjoyed it feel free to go down below hit that like button consider subscribing if you do want to see further content for me and if you want to be a part of the strife smart community the discord link is down below the facebook links down below and the merch is also linked down below if you want to pick up a hoodie a t-shirt maybe even a beanie because it is getting cold outside um yeah that's all linked down below i'll catch you all in the next video thanks again for watching peace out