 Hey, all right, everybody. Lee Lowell here, smartoptionsow.com. It's 2022. Welcome to our first 2022 edition of the Saturday Synopsis. Been a couple of weeks. It took the last few weeks off at the end of 2021. Regroup, take a little time to relax, spend some time with the family, and raring to go now. 2022, let's make it a good year, everybody. So what do we do here in the Saturday Synopsis? Well, we look at charts. We look at indexes, we look at individual stocks. I'm here to show you what I do, what I've learned over my 30 years in the business. I'm a technical analyst. That's what means I look at the charts, try to help me gauge when to get in and get out of trades. It's all about chart reading. That's all that I do. So I make these free videos and I try to show you what I'm seeing on the charts. So let's just jump right in and today is Saturday, January 8th, 2022. So let's go right in. For those of you who've been here for a while, you know that I look at the daily charts, okay? There's lots of time frames that you can look at. I look at a daily chart because I'm more interested in a longer timeframe. Months, weeks, years, there's guys out there that look at very short time frames, one minute charts, three minute charts, and that's fine if that's what you're willing to do. That's not what we do. And on the charts here, what you're seeing right here, I've got the price action up here. This is the SPY, which is the exchange traded fund for the S&P 500. I believe it gives us the best overall view, the broadest view of the market as a whole. So we tend to look at that first. And on my charts, each line here, vertical line is one day's worth of trading and these are open, high, low, closed bars. These are not candlesticks. And we have some technical indicators. Down here I have the RSI, the 14-day RSI. It's an overbought, oversold indicator. And down here, this one I recently added, this is the Stochastics indicator. It's also more of an overbought, oversold indicator. I'm putting this back on, I usually don't use this, I usually just have the RSI, but I'm adding the Stochastics back in here to see if I could fine tune my timing even more. And I've looked at a lot of indicators over the years, a lot. And I used to use Stochastics, when I tried to trade very short-term, I realized I couldn't do it, one minute charts, five minute charts, it's just not for me. And I used the Stochastics back then, it was just too erratic. But on a longer-term timeframe, daily charts, I think the Stochastics, I don't know why I'm having such a problem saying that, can give us some decent timing. So I'm trying to see if it adds value to my chart reading. And so this is the Stochastics, and here is the parameters. I know a lot of people ask me, what are the parameters? It's 12, 26, and nine. Those are the three numbers that define what the Stochastics are. And also with the RSI indicator, it's just a 14-day RSI indicator. So I try to use these overbought, oversold indicators to help me gauge when we can get in and out of trades. But really the price action up here is what we're looking at. So this is the daily chart of the S&P 500 by the SPY. And if you've been with us for a while, you know, we've been bullish, or I've been bullish. Stock market's been in a nice uptrend. And I draw these lines on the charts. You can see we have, you know, W pattern, triangle patterns, channels, channels. These are all things to help you gauge, you know, when a stock may be topping, when a stock may be bottoming. It just helps with your timing a little bit better, okay? So what we see here is that, so a couple weeks ago, when was the last one I made? I guess it was New Year's Eve was the last one. I mean, so it wasn't really that long ago, or maybe it was two weeks ago. Christmas Eve might have been the last one I made. And so we had the S&P 500 was making all-time new highs. Here's right at the end of the year. Let me see where Christmas was right around here. So the S&P 500 was bumping up against this resistance line. You know, we wanna draw support and resistance to see where a stock may be having trouble getting through or support where a stock may be having trouble getting through on the downside, okay? So the S&P 500 was bumping up against this resistance line here. And then just in the last two weeks, it broke above it. But as we saw the end of this week, we had a decent size move downwards. Not as bad as the NASDAQ, and we'll look at that soon. But the S&P 500 came down back below this resistance line. But it's fallen on support right at the 50-day moving average. These are the, I have three other lines on here. I've got a blue 20-day moving average, this red 50-day, and then this green or orange one is the 200-day moving average. Those are three widely followed moving averages. So you wanna maybe keep those on your charts as well. And the moving averages, depending on which way they're sloping is also important. You know, uptrending stocks would typically have upsloping moving averages. And that just means the stocks or index is in a good momentum pattern and will typically stay in that movement until it changes. So we've got the S&P 500 having a little bit of pullback here. And but it's falling right on support at the 50-day moving average. When stocks are in a certain direction and going in that direction, when they bounce or they have a pullback, you'll notice that they'll pull back to one of the moving average lines, either the 20-day or 50-day. The 50-day is a little bit more important. It's a slower, longer-term type of moving average. I give a little bit more credit to the 50-day moving average, but I keep the 20-day on there as well. And so when you draw these channels, you can see that the stock can bounce in, you know, along the channel, bounce off the bottom, bounce off the top. So you wanna use those channels to try to give you an idea of where the stock may be moving next. So I had mentioned that we have the resistance here. Towards the end of the year, we'd probably make more all-time new highs, which we did, but now, beginning of the year, we've had a little pullback. But we've pulled back to the 50-day moving average, which I think is a good support area. I nibbled a little bit, bought some shares of the SPY on the pullback to the 50-day moving average, and even the 20-day. So I bought a few contracts, a few shares of stock in here, right in this little bottoming area, to see if it's gonna bounce. And, you know, I'm bullish. So I use these pullbacks to add to my positions, and hopefully, in the long run, the stock market will continue to move higher. Let me pull this down a little bit. Pull these down so we can get some more price action here. So I'm in it for the long run. I'm in for the bullish movement. Pullbacks are part of the game. Pullbacks are going to happen. And as long as we know the stock market is always going to be made up of companies that are having great earnings and profitable quarters, quarter after quarter, the stock prices are gonna go up. And you can use these pullbacks as your timing mechanism to get in long, if that's what you want. That's what I do. Okay, so I'm bullish on the stock market as a whole. Yes, the narrative out there is, inflation is still there, COVID is still there. The US Federal Reserve is going to start raising interest rates in 2022. And that's a little scary for the market. Stocks will tend to sell off when interest rates rise. Why is that? Because sometimes you can get a better return, a long-term return by moving into bonds and out of stocks. So if interest rates rise high enough, people will say, you know what? I'm gonna sell my stocks and I'm gonna buy bonds. And that will typically cause a sell off in the market. But does it last forever? No, does that mean we've maxed out the stock market and now it's just bearish times ahead for the foreseeable future? No, I don't agree with that. There's too many players out there. The stock market has been the greatest wealth generator for the last 100, 200 years even. And so just because interest rates rise doesn't mean that the stock market is a bad investment. So I'm sticking with stocks. I know in the long run stocks go up. Let's take a look at a long-term chart of the S&P 500, okay? So here is the last down move we had in 2008, the meltdown. It's been going up since, yes, we had the pandemic, but it reversed very quickly. So since 2008, stock market's gone straight up. And yes, we know it's because interest rates have been held very low, but it doesn't take away from the fact that companies have been profitable even during that time. So it's not just interest rates being low that the stock market has gone up. Companies are profitable. And if you have a profitable company, the stock share price has to go up. And even I think with rising interest rates, sure, we may have a pullback, but it's not going to stop companies from being profitable. So I like the stock market. I'm in the stock market. But what we do here at the smart opposite sellers, we trade, we make trades. So we have to gauge where a stock or index may be going in the near term. Our trades typically last one to three months out in time. So that's our timeframe. So we have to gauge on that short amount of time where the market's going. So we do need to be pretty precise with our timing. But in the long run, I'm bullish. So I'm looking for this 50-day moving average to hold for the S&P 500 and start to move back up. Let's take a look at the NASDAQ because that got hit pretty hard this week. A little bit harder than the S&P 500 and a little bit harder than the Dow industrials. So the NASDAQ represented by the QQQ, nice, slow, up-moving trend, which is what we love to see. If you're in for the long haul, this is a great trend you want to see. And we draw these trend lines, these blue lines, we draw these, this is the channel and it bounces in between the channel. So if you're looking to get long, you look for it to pull back to the bottom of the channel and see if it bounces. And you could buy here, nibble here, before the bounce. And then when it gets confirmed that the bounce is happening, you could buy some more, right? Every bounce here would have been nice. The market's nice and slow. This is exactly what we like to see. And you can see I have also these triangles in here, these congestion patterns. Also blue lines might be a little hard to see, but in the long game, you can see it continues to move up. Had a little down trending channel here, but that was just the bounce off the top down to the bottom bounces again. Now what we're seeing here is maybe a little bit of a sideways pattern. We can draw more trend lines, maybe have a little bottom support here. Okay, you can draw these lines, try to make this as flat as possible. Okay, and maybe, I don't know, up here a little bit as well. It's not exact, it's not black and white, it's in the eye of the holder. So I may be seeing something different than someone else may be seeing. So we have a little maybe sideways action here until the market figures out, how do we wanna handle this inflation thing, this interest rates, rising thing, COVID. When a stock or index is moving sideways like this, there's a lot of indecision, right? Before people wanna engage in really taking a stake for the next move. So we got a little indecision hitting some support here. So I'm thinking that maybe the market will bounce here starting next week, or it could even come down to the bottom edge of this longer term uptrend. So we'll see. It's not black and white, it's not guaranteed. There's just drawing these lines can help you gauge where a stock or index may be more inclined to bounce off of or get hit resistance and come back down. The more of these lines that you can, or more of these patterns that you can see potentially can help you get your timing better. So this is what we do, we draw the lines. Now as far as where the stochastics and the RSI lie, these are like right in the middle. So there's really nothing's overbought, nothing's oversold. So these aren't really telling me anything. So I have to rely on the price action. Obviously, when these are in the middle of their ranges, that means we've got some sideways activity going on. So there's really nothing to say, yep, it's ready to go on a big bull run or a big bear run. I think if anything, we may bounce here or it may come off a little bit more next week to this uptrending line here. Probably have to start to extend this line, have to redraw this to keep it moving higher. But the moving averages are sloping upwards, which is good. I like to see that if you're bullish, these are all good things. Okay, so let's go back to the SPY real quick just to see what the stochastics and the RSI is looking at, same thing. They're right in the middle of their levels here. Nothing really major overbought, oversold. But what I do like is so we can even draw a line here, we can get sort of an up, let me start that over, a little uptrending line here to show us that the SP500 is still in an uptrend mode. So you got this ascending triangle pattern. And if you want to learn more about patterns, you go online, do a Google search on stock chart patterns, something like that, and you'll come up with these websites that'll show what all these patterns are. You got this ascending triangle, you got the channels, you got the W patterns, all these things that you can learn about. All right, so let's look at some individual stocks now and see what happened over the last couple weeks. Let me go back to the top of my chart here. So let's talk about, let's look at Oracle because we've talked about Oracle before. Oracle had this gap up on earnings, the thing popped over $15 a share and it pulled all the way back, which was I liked that because I like Oracle. So we got into some trades in our newsletters on the pullback, some bullish trades. So we sell put options, we sell naked put options, we sell put options, spreads, both bullish trades. And I like how it's finding support right here on the 200 day moving average. You know, this was a good pullback. So if you're looking to get long Oracle, you know, here is your lower risk entry or higher probability entry. It's the 200 day moving average is holding, which is good. Stochastics have gotten down to a lower end of the range here might be ready to turn higher, which could be good. The RSI is not really too oversold. So I think the support here should hold. And you know, Oracle is a great company, but when we sell put options, we take a lot of, we sell put options very conservatively which we use, you know, strike prices way out of the money when we sell put options. Just to give us more cushion in case we're wrong with the direction of the stock, that's what we do. We get a lot of cushion. So we sell out of the money put options and out of the money put option spreads. And so even if we're wrong on the stock move we can still win on the option trade. So like Oracle here, I like how it's finding some support, see what happens, it could bounce and then start heading higher for the longterm. What else do we have? Let's take a look. We always look at Apple. Let's take a quick look at Apple. Open this up. Apple also had made all-time new highs just a couple of days ago, way up here just above $180 a share became the first $3 trillion market cap company in the US, in the US stock market. So Apple fans are happy with that. Long has had a nice move, over $30 a share. Since down here we're bounced off both the 20-day and 50-day moving averages conversion rate, the convert, the, what's the word I'm looking for? Both of the moving averages were right against each other here and the stock moved up. And so we have a little pullback this week. Is that a big deal? I don't think so. In the long run, Apple keeps going up. Great company. So if you're looking to get in, maybe start to look for, will it come down to the 50-day moving average? It's a possibility, depending on how the overall market is next week. I think that if it finds some support here at the 50-day, I may even start to nibble a little bit. RSI had gotten a little overbought here on this move here. So it did kind of call a little top here, but the RSI starting to move lower, which the stock price action has been moving lower as well. Stochastic's maybe a little bit overbought here, starting to turn down a little. So maybe we'll see a little bit more pullback in Apple, maybe to the 50-day moving average. So keep an eye on it. We know it's a great company in the long run. It's going to keep going up. Let's take a look at Tesla. This is just all kinds of analysis. This is not any kind of recommendations. This is just what I'm seeing on the charts. Now, Tesla to me is still just a very ugly, ugly chart. It's very hard to gauge with traditional, technical analysis what Tesla wants to do because it can be very erratic, very erratic. It was in this nice channel, then it powered higher. It was in a congestion pattern here. The triangle came out below, bounced again, came back. So Tesla, for me, I can't really get a gauge on how to do technical analysis on Tesla because it's just a crazy stock. So I don't invest in Tesla. It's too much for me, too expensive, too volatile. I like to watch it just to see what it's doing. But I give a lot of credit to those of you who can trade in and out of Tesla. It's just too hard. I'm gonna remove some of these lines here because they don't really seem to make much sense anymore. So you remove those lines, maybe you can get a better view of the stock when you take some stuff away and kind of see where it may be going. Am I seeing anything different here than what I saw before? It's kind of hard. It's kind of hard to see. Maybe we had, at this point, we had a little bit of a down-trending channel here, which now Tesla has broken out, but has come back down in. So it could be finding support here. 20-day moving average, maybe it'll bounce or maybe it'll come all the way back down to the lower edge of this channel. Hard to say. Tesla's just crazy. So hard to say what it wants to do. But if you like Tesla, it's certainly exciting. That's for sure. All right, let's take a look at some other stocks here that I wanna show you about. Here, let's take a look at Clorox because Clorox is a stock that we talk about quite a bit and I mentioned that I had gotten into some shares. So Clorox, here, let's pull back a little bit. For those of you that are new, Clorox had been going up nicely in the channel and then it started in this new down-trending channel, had some fits and starts. Looked like it was maybe going up again but it continued into this down-trending channel. And since last summer, July or so, August had been stuck in this sideways channel and I said, if it can get above maybe 174-175, could be time that Clorox has finally made the bottom. And it had been sideways. So when it popped above, right here, I'm gonna show you what it did, when it had this little section right here, it got above all the moving average, 20-day, 50-day, 200-day. So right in here, I got long around 174-175, $176 a share, right in here. And I thought that was the breakout. Now, we had some fake breakouts before but I never jumped on those. But this was my time to get in, bought some shares here and then it came back down. But what it did was it found support on the 20-day moving average here. So I bought in here, came down here, holding on because I believe we've got the uptrend behind us now. And now Clorox has come all the way back from 168, 169 and closed just under 180 yesterday. So it looks like Clorox is making a move. I'm up a little bit on the position. I'm hoping that it's going to now find its way higher and start its long journey back up. So that's what I wanted to show you on Clorox. What was the other one that I wanted to show you? Let's take, let me scan the stocks here and see what we've got here. Oracle looked at AMD. Okay, let's take a quick look at AMD. We love AMD, but could be some more selling ahead. You know, made all-time new highs here. Been pulling back. Let's move out to the monthly chart for a second. Yep, okay, so we're all-time highs here. What are we seeing? Price action's coming down. Do we have support? Do we have support right around here? Possible, possible. Gonna keep an eye on it. We do have a position in AMD, but way out of the money. So we have a lot of cushion. Let's keep an eye on it. You know, the R-sized moving lower, Stochastic's moving lower. So we could have some more selling ahead. How much? Hard to say. I like to see this level hold here and bounce and get ready to make all-time new highs. But you know, at the moment, keeping an eye on AMD. Let's see. Microsoft, Microsoft got hit a little. Still a strong stock. Intel, Nike. Let's take a quick look at Nike here. One of the most famous companies in the world. Great company. Here's the 200-day moving average. This is a very important line. 200-day moving average right here. Pulled back, bounce, pulled back. So, you know, maybe Nike's gunning for the 200-day moving average. 200-day moving average could be a good place to maybe nibble a little bit. What I'm seeing here is the RSI. I mean, the Stochastic's, even though the price action's been moving down, the Stochastic's has sort of found the bottom and starting to turn upwards. Could that mean that the selling is done? The RSI's not really telling me that the selling is over yet. So, maybe we have some conflicting signals here. I'm gonna keep an eye on Nike. If it gets down to the 200-day moving average, then I'll take a look. Maybe the RSI will be a little bit more oversold. That could mean, all right, maybe it's time to nibble here a little bit. Keeping an eye on Nike. We know it's a great company. Long-term, let's take a quick look. Once again, monthly. I mean, Stochastic keeps going up. So, long-term, we know Nike's a profitable company. What else do we have here? Apple, Amazon still stuck in that range, getting close down to the bottom leg of that support and the channel. So, Amazon still can't get its act together. Netflix is another position. So, we had a position in Netflix, which we had to get out of yesterday, Friday, January 7th because it was just moving down too much for us and we hit our stop points. So, yes, we do have some trouble sometimes with trades. That's just how it is. You can't win everything. You take high probability trades and when you get out, you get out for small losses. You don't wanna let it turn into big losses. Ego is a very hard thing to get over in this business. You can't let your ego dictate. Have your rules and when it's time to get out, you get out. Can't win them all. But, Netflix just, the tech stocks got hit pretty good. Netflix has fallen from $700 a share to under $550. That's a big move. That's a big move. It is getting close to some oversold levels though. So, it could find some support, but we don't know where that eventual bottom will be when it finally support comes around. Could the bottom be here? Yeah, the bottom could be at 500. We just don't know yet. Netflix can move a lot in a very short period of time. Stochastics, kinda leveling out here, which is possible for bottoming action and the RSI getting close to oversold levels. So yes, maybe Netflix might be getting to a bottom here, but still don't know yet. When it starts to move sideways, then we'll know whether that's the bottom, okay? But while it's still in this kind of free fall, you don't wanna try to pick bottoms yet. And when your system tells you to get out, you get out. So Netflix will keeping eye on that for maybe a potential trade in the future. Let's look at PayPal, because I talked about PayPal in the past. PayPal also came down a long way, but the sideways action is telling me, and I said this in the last synopsis, that PayPal could be near term trade, bullish trade because it's finding its footing here and maybe ready to turn higher and go up. The, you can see the RSI got into some oversold level. So here's this vertical, this horizontal line is my lower edge of oversold area at the 20 level. So it's got some oversold here and you can see the stochastic's got below its lower level here and turning higher. So you got some sideways action, but yet the RSI's moving up, stochastic's moving up. That could mean that PayPal's just getting ready to turn itself higher. So we'll keep an eye on PayPal. Now Square is the other one in the sector, payment sector that I like as well. Still going down, I chose PayPal versus Square because PayPal was making that sideways action. Square just seems to be going down RSI. We may have a little bit of divergence, but that I mean is when the price action is still going down, you can see the RSI, just the slightest uptrend here, not making new lows like the price action, but starting to go up a little. And you can also see the stochastic's are just kind of treading along the bottom edge of the oversold, but slightly moving higher. So that could mean that Square is finally starting to possibly find a bottom here, selling maybe slowing down. So keep an eye on Square. I really don't think it's got that much more downside to go. I'd like to see some sideways action before maybe pulling the trigger on Square to get long. So these are the things that you want to look for when you're looking for trades. Cisco, looking decent, finding some support at 20-day moving average, Procter & Gamble, great company, just been going up nicely. Walmart, let's take a quick peek at Walmart. Had to support long-term support here right around 135, made a nice bounce. So Walmart's in a bit of an uptrend here. Low, past few weeks, a little bit of uptrend. So it could be, just staying sideways, maybe making some more highs here in the near future. Walmart's a great company though, but this is probably, we can even draw another line here. Another, maybe the top of the channel here. So that's Walmart. It'll probably fluctuate. I'm hoping to see it bounce up long. I am long Walmart, just to let you guys know what's happening. So I want to see Walmart go up. Disney, yeah, let's take a quick look at Disney. We talked about Disney before, got really oversold here. It actually pinpointed the bottom pretty good. Nibbled on some shares here. Stochastics also turned up right from that same point. So Stochastics moving up, RSI moving up, and you can see the price action has been moving up too. What I like here is that it's trying to maintain itself above the 50-day moving average. If it can remain above the 50-day moving average for a few more days, we could probably see it maybe try to get back up to the resistance line or the support line, the one-time support line here around 170. So I think in the long run Disney's gonna go up. I think it's on its way, it's on its way. And I think 170 is the next price that it should tackle. Not on Monday or Tuesday, but over the ensuing weeks, maybe even a month or two, that get back up to 170 and see where it goes from there. What else? Whoopsie, let's fix this here for a second. Tesla we looked at. So the pharmaceuticals, Lily, Bristol Myers, Pfizer, Merck. You know, healthcare is great for long-term. It has some fits and starts. Merck was surprising. We actually got out of our trade on Merck profitable, put-sell trade that we did. Finally, we got out. Kellogg, oh, let's talk about Verizon. Okay, so we talked about Verizon quite a bit. I've been telling you for months now. Love Verizon, but it had been in this downtrend. So it wasn't worth getting into it yet. Still downtrend, downtrend, downtrend, but December, it started to move higher. It got out of the, it actually finally popped above the upper leg of this long downtrend. Right here, the last few days, up here. What happened? Well, it looked like you got a bull flag going here. So bull flag is when you have this long up move. Okay, let me edit this a little bit so you can see what I'm talking about. Okay, so you got the long flag pole it's called. And then you have the pennant here and here. This is called a bull flag. Let me edit these a little bit as well. Okay, you got the bull flag and the pennants. And the pennants, come on. Let's edit this one too. Give a little color, some depth, width. Okay, so now we see the bull flag. This is a bullish pattern. You get the long flag pole and then the down trending pennant. And typically the blast should be to the upside. It came from the downside, made the long pole, had a little bit of a pullback and it also bounced right around the 20 day and 50 day right where they were converging right here. Bounced, which is good. So what I'm seeing here is that we finally got above this long down trending channel. Maybe even making another bull flag. So cautiously optimistic on Verizon here. If it could get above this down sloping 200 day moving average, which isn't that far ahead, maybe around $55, $56 and hang around there and it can continue on. Then I feel, okay, Verizon has finally found its footing. Yeah, we didn't get the bottom at 50, but sometimes you're gonna get a lot of false starts. If you've been trying to buy from back here, you've been very disappointed. So you're not always gonna catch the bottom. It's better to wait for the signals to tell you it's time to get in. You won't catch the bottom, but maybe you'll get on for a nice leg higher. So I'm thinking, you know, Verizon maybe nibble here just to see or wait till it gets above the 200 day moving average, 55, 55 and a half dollars for a couple of days. And then Verizon could start to move higher in a good way. So I'm keeping an eye on Verizon. All right, so let's quickly look if there's anything else. I'm sorry that I don't know what my mouse is doing here. It's jumping all over the place. Okay, what else? Same thing with AT&T. Looked like it was doing the same thing as Verizon. Little double bottom here. PayPal we looked at. Costco pulling back to support 50 day moving average. Costco is just a very strong, strong company. Let's move this over here. Let's move this. Okay, so now, come on. McDonald's still McDonald's looks good. It's just a strong company, right? Just keeps has this nice low uptrending move. So McDonald's is a strong company. Pepsi, even McDonald's Pepsi. Oh, I like Coca-Cola. I wanted to bring that up as well. Pepsi looks strong. Coca-Cola also looks strong. I think Coca-Cola hitting. Let's see if they're hitting all time new highs here. Yep, Coke just made all time new highs. I love it. Long Coke myself. Great dividend. Finally got off its butt here, right? It's a sort of double bottom and has been moving higher. Got about $10 movement here in the last month or so. That's pretty good for Coke, $10 move. What else we got? Twitter, Twitter still kind of moving down. Let's take a quick look. Stochastics found this deep oversold bottom here, right? Called it right around here. Did bounce a little bit, it's come back down. But here's the divergence again. So we've got the price action moving down, but you can see the RSI is not making new lows. Sort of uptrending here. Same with Stochastics, uptrending. So maybe Twitter is finally starting to find a bottom here. Have to wait and see. Have to watch the price action. Maybe it'll start to trade sideways for a little and then curl and go higher. So it's always good to wait for the confirmation. That'll be a higher probability trade. If you're trying to pick bottoms, don't go all in. Maybe nibble a little bit. If you think we bottom, maybe nibble. And then when you get the confirmation, then you go in a little deeper. All right, so I don't like Facebook. It's just got trading sideways anyway. What else we got here? Bitcoin stocks. We got Riot, Mara, those are all kind of coming down. Bitcoin prices coming down. Peloton, that one's been really hard for a lot of people. eBay was another trade that we got out of for profit. Even though it came down in price, we still made profits by selling put options. Alibaba, I don't really track that much, Clarks, we looked at, all right. So that's about it. I think we're done here. Market looks strong still. In the long game, it looks strong back to the SAP 500. We're gonna have pullbacks. That's just part of the market. That's what happens, okay? But we've got this support here, uptrending support. I think in the next couple of weeks to market, you're gonna see we got more all-time new highs. Gunning for that 500 mark slash 5,000 mark on the SPX index itself, this is one tenth the size of the S&P 500 index. So if we look at the, I'll bring it up the SPX itself, right? It's about, you know, it's 10 times larger than the SPY. So here's that 5,000 mark. Could be gunning for that in the next, I don't know, couple months. That's what I'm thinking. All right, that's it for the Saturday synopsis. I hope this has helped you a little bit. Let's quickly, oh wait, let's look at one other thing, because someone asked me about Warren Buffett and you know, how his fund is doing. So I think I have that on here. Do I have that? Let me see, let me type it in. Okay, so here's the Berkshire Hathaway. The class B shares, $319 a share, just has had a massive move. It got out of the, so here was in a channel and it just blasted higher. So Warren Buffett's doing some good things these days. And I'm gonna show you something that I have on our site that could possibly intrigue you about Warren Buffett. So that's it for the Saturday synopsis. Let's quickly go to our website and show you what we got there. You know, we're big put option sellers at the smart option seller, that's what we do. Go to our website, smartoptionsseller.com and right here, put selling basics along the top is our free guide on how to sell put options. Scroll down, put in your name and email address and we'll send you a free copy. What we do here is we have some newsletters, click on our services tab. We have our smart option seller and our vertical spread trader newsletter. We also have our coaching to help you become a better option trader. And speaking of the Warren Buffett, let me show you what we have here. You go over to the more tab, hover your mouse and you go to shop and it'll bring up a report that I wrote about how to piggyback off of a Warren Buffett. The secret to buying Warren Buffett for pennies on the dollar. It does cost money. So if you're interested, you can click on this and you know, if you wanna buy it, you can. I don't really advertise it too much but you can, you saw the stock, stock's going up. So it could be worth your time. All right, that's it. I hope this YouTube video has been good for you, helpful. I like to show you what I do. Give me a thumbs up, leave me a comment. Send me an email. I love hearing from you. And I hope everyone has a great trading week ahead. 2022, let's make it a good year. I read everyone. This is Lee Lowell signing off.