 What is going on everybody? It's Stas here. Welcome back to another video. So in this video, we're going to be doing an overall market update as always, looking at the Dow Jones, the S&P 500, and the Nasdaq. And we're also going to be talking about one trade that I made today, the 21st of December in 2018. But before we do get into the topics of today's video, for all you new viewers out there, my name is Stas and I make videos dealing with swing trading, day trading, long-term investing, and my personal philosophies and strategies when it comes down to investing and trading in the stock market. So for those of you guys that want to learn more about that, feel free to drop a like, leave a comment, subscribe, and follow me on Instagram as well as on Twitter, and join our Discord group chat as well as our Facebook group. All of those are linked down below in the description box. And let's get started with today's video. So yet again, guys, another red day today in the stock market. We see the Dow Jones closed today down 414 points, down 1.8%. The S&P 500 guys closed 2% on the red, down $50.84, and the NASDAQ composite guys down 4.2%, down $268 on the day. So what a bloody day, yet again, with the NASDAQ completely blowing through the floor of one of these supports that we were talking about in yesterday's video. And we'll get into that a little bit later when we do talk about the NASDAQ. But let's start today's video with the Dow Jones. And let's just take a basic look at what is going on on this chart. So judging off of this 184-hour chart here, we can clearly see that there's a ton of panic in the market. And what I mean by this guys is that these candlesticks are showing us rapid selling, rapid, rapid selling. We notice we don't even see a green candlestick pretty much in the past, I would say about seven, eight trading days, except for these two right here on the 184-hour chart, guys, when we have a ton of red candlesticks in a row, that's not showing pretty much, that's not really a good sign that's showing by these charts that we can see. And it's just showing us that there's aggressive, aggressive selling overall in the stock market. And it's not looking good whatsoever. So judging off this 184-hour chart here, guys, the Dow Jones is at a support level here from a couple of, I think it might have been like a year and a half ago, we'll get into the larger timeframe charts to see that. But we're clearly in a falling knife formation. And there's no support in sight on this 184-hour chart. And if we're just judging off this three-year, one-week chart, we clearly broke below this support level from this past February when we had another big sell-off in terms of the Dow Jones, right? We talked about this in a couple of videos ago. But this past February, March in 2018, we did peak at about 27,000 again. And we've reached that level this past October. And obviously, guys, we're down a good chunk from this peak at 27,000 this past October. We clearly blew through that support level with the next one being at around $22,200. And these are the support levels that we drew in yesterday's video. I told you guys to draw these on your Thinkorswim platforms or whatever other platforms you guys use because these are the, you know, these are the next support levels on these longer-term charts that we want to focus on in terms of the Dow Jones. So, you know, clearly we're at one here right now, guys. You know, we're about $100, $200 above it, but we're still right around that support area. And the next one down here, guys, is at about $21,500. And the way that the stock market has been acting recently, the panic selling, all of this uncertainty, you know, in the overall market itself, I don't think it's too far-fetched at this point that we do break below this support and test these highs that we saw, you know, about a year and a half, you know, in 2017 of August, right at around $21,500. So, we talked about how a bear market is when a stock and index and ETF gets to 20% or above in terms of the fall from the peak. So, the peak here is $27,000. And let's see how much we've fallen in terms of where we are right now. And we can get a rough estimate of this by just putting our little, you know, little pen here, pencil, and just swing it up like that. And we can see we're down about 16.5% as of right now in terms of the Dow Jones. And if we break that support, guys, and get to about $21,600, that's going to put us right at the cusp right there. At a bear market, we're going to be, you know, peeking into a bear market at that point. And, you know, again, I don't think it's too impossible that we do get to those levels with all the rapid selling, with the panic selling that we've been seeing over these past couple of weeks in the stock market. So, the S&P 500, guys, again, this is one that we've talked about in every single video. And we do our analysis on this one in every single video. This one is down 2% $50. And I made a prediction a couple of days ago, in that video titled, the S&P going to $24.50, that the S&P was going to get to $24.50, which is pretty much this support level right here, around $24.30, $24.50. And that's where we are right now in terms of the S&P 500. So, guys, critical, critical technical level right now in the S&P 500, right on this $180, simple moving average, and at the support here at around $24.20. So, if we do break below these levels, guys, not a good technical sign whatsoever in the S&P. And we can see here a couple of years ago in 2016, you know, when the S&P bounced at about 18.10 on this three-year chart, you know, this 180SMA acted as a support level here. So, if we do break this, that is technically, you know, a break of pattern if we do look at this three-year chart in that sense. And if we take a look back at this 20-year chart, I know this is a little bit of a bigger time frame. But let me clear this drawing set very quickly. And we can see, you know, if we break those levels, guys, these levels at about $2,400, that is a critical break of a trend stemming back from, you know, the recession that we had in 2008. So, take a look at this. This trend line is a very strong support here, here, you know, here as well. So, this break would be a break of trend in the S&P 500. And we're going to be getting into a bear market if that does happen. And now the NASDAQ guys, this one is already in a bear market. If we're using that 20% rule, meaning that if it falls 20% from the peak, that is a bear market for any index, ETF or stock. And that's what we can see here in terms of the NASDAQ composite. So, it hit about $6,000 flat today, guys. And just to show you what I'm talking about, we can see from about $6,000, that drop from $7,700 is a 21.5% drop. So, as of today, guys, the 20th of December, 21st of December, the NASDAQ composite is in a bear, not the NASDAQ composite, the NASDAQ is in a bear market. So, keep an eye on that, guys. You know, Apple has been doing absolutely terrible, down about another $6, this obviously has a big drag on every single index. But, you know, these stocks today, guys, they got absolutely slaughtered. Again, some of the ones in my portfolio got absolutely slaughtered. We can see Facebook here is down to $124 today, guys. Another 6% drop. You know, Apple down 3%, 4% nearly today, down another $6 in the $150s, guys. I wasn't even expecting Apple to get this low, because if we're judging on this one-year, one-day chart here, we can see roughly $160 was a solid technical support from about a couple of months back in the beginning of 2018. But the fact that we broke this support for Apple, guys, we have to look at this three-year chart now to get supports from back in 2017. So, we're even breaking below or right at the levels of 2017, you know, in September of 2017, when Apple was at about $150 per share. And literally after that, guys, you know, the next support is going to be at $140. And honestly, you know, I'm being a little bit patient with buying shares. I'm going to wait and see what happens next week. But if Apple does get to these levels, guys, at about $140, I'm probably going to go in with a very, very heavy position. I'm even considering it this upcoming week to add at least like I'm talking about at least like 10 more shares, 10, 15 more shares to my position. I know a lot of people out there might not think that's a lot. But, you know, this is one of my longer-term positions, one that I'm planning on adding money into, you know, every month at this point, every couple of months, whenever I do see a big opportunity. So, you know, I already picked up a couple of shares. I believe four or five shares at about $165. I have not bought in any more shares quite yet. And, you know, I'm just going to be waiting potentially to add about a $1,500 position, $2,000 extra into Apple this upcoming week. And if we get to the 140s, guys, I'm going to be adding, you know, another maybe $1,500 into Apple to get that position, you know, very strongly averaged in the 140, you know, high 140 range, maybe mid-150, low-150 range, you know, that's my goal. And right now, as of right now for my Apple position, and obviously, guys, if we get deeper and deeper into a bear market, we get into the 130s, you know, same rules apply, you know, I'm going to be adding even more shares to my Apple position, because the one thing that's guaranteed in the stock market, guys, is that eventually, this has proven historically that, you know, the stock market's going to go up in price. So, you know, these shares here, guys, buying them here, you know, we might get some more pain in 2019, who knows. But, you know, if we do see a recession, whatever does happen, right, you know, if everything clears out, you know, by 2020, 2021, these shares should be worth, maybe even $300, $350. I'm not really giving a price target out there because, you know, that's not what we're doing in this video. But, you know, who knows if Apple shares are $300 in about five years, you know, you would have doubled your money in five years, giving you about, you know, a 20% return per year, which, you know, in most years, pretty much every year, that would beat the S&P 500. And the whole entire idea is to beat out the indexes as an individual investor, right? Your goal is, when you're picking stocks, is to beat the indexes because, if you're not beating the indexes, you might as well just invest in the indexes, right? So, that's my little rant there on Apple. I'm just planning on adding a ton of more shares, now that we're getting to the 150s and potentially into the 140s next week, which, again, I think is very possible because I do think there's more sell-offs to come in the overall market. So, let's talk about what I traded today, guys, very quickly before I do end this video. I don't want it to be too long, but I'm sure you can guess, guys, today, I was able to catch TVIX, which is one of my favorite marketing TFs that I've been trading over the past couple of weeks with all this volatility occurring. So, this one obviously had a very good day because the S&P did very poorly. We popped up here, you know, that brought open, that opened up a dip buy for TVIX, you know, and once we started to sell off from 2500, guys, that gave me, you know, that opened up my radar, my eyes to TVIX, and I'll show you guys exactly where I ended up getting in. So, let me show you guys here. I do believe I got in at around $76.30. Let me check my phone very quickly for you, guys, so I can see exactly what time I did get in because as of right now, I'm going to be honest with you, I forget, but I ended up selling out at about $70.20, but I'm just logging in very quickly. Give me one second here, guys, and I'll tell you exactly where I ended up doing all this. So, drop a comment down below. Let me know what have you guys been trading today, what has been going on in your trading life this past week. So, here we say, I got in at about, okay, $66.57 was my first buy at about, what was that, about $10.30, right, right around here. Yeah, around $10.30, what was it, $66.57? Yeah, so right around here, I bought in at first, right, at about $66. What did I say, $57? We ended up pushing up here. I didn't take my profits. We pulled down here and I added more money at this point right here to build a stronger position because we were holding this 180 SMA very nicely. Strong support there, higher, low from the previous, all signs pointing to an uptrend right here. So, I ended up adding another position here and I sold off my shares actually at about 12.30, 12.30, 49 pm, to be exact with you guys. And that was on this run up here, right? Yeah, it was on this run up here. I missed this sell point here. I didn't sell up at the complete top, but we ended up pulling back here and I probably sold off literally right here at about $70.27. So, from $70.27, let's say my average cost was at about $66. Let's say it was at about $66.40, $0.50 roughly, right? Let's say $66.70, just to round up a little bit. $66.70 up to about $70.27. I made about 5% today on my position and that's a very solid day for me because my goals every day pretty much is to get 3% to 5%. Do I hit that every day? Sometimes I don't hit it. Sometimes I get 2%. Obviously, sometimes I take losses because trading, you do take losses. If someone tells you they don't take losses, they're lying to you and sometimes I get even more than that. And today, I got a 5% day, which is a very solid day for me trading in the stock market. But, guys, a lot of selling pressure continues, continues, and I do think this is going to continue to happen. And just let me know what you guys think, man. Drop a comment down below. Let me know what you think of the current state of the market. Do you think we're going to come back up and maybe end off 2018 strong? Do you think we're going to continue to sell off into 2019 and continue to sell off until the trade war is resolved? I personally think we're going to continue to sell off into 2019. At this point, guys, the stock market in 2019 ended off in the negative. Well, we haven't ended off yet, but we're currently in the negative. And I can show you that very quickly just basically on the S&P 500 before I do end off this video. But right now, we are at 24.08. And we started off the year at about, you can see it right here, we started off the year at about 26.80. So on the year, guys, right now, we're not doing too great. We're not doing too great at all. So from here up to where we started, guys, this year has been a 10% loss of a year in the S&P 500. I'm sure the Dow is very similar and the NASDAQ might even be more because this one has fallen the most out of every, actually, no, it might not be more. It's not more, actually. Don't quote me on that. Scratch that. But NASDAQ is down about 6% this year. And let's just see the Dow for the heck of it at this point. Why not, guys? So let's see the Dow. So from where we are right now, from the beginning of last year, beginning of this year, we've lost about 9%. So the Dow down 9%, S&P down 9%, and the NASDAQ down about 6%. So very bloody year this year. I mean, not very bloody, but sell off here and this could continue into 2019. But with all of this, guys, just remember, the stock market always goes up over time. This at the end of the day is just short-term news. A lot of people get caught up in this. They get scared. But at the end of the day, this is just short-term news dropping the price of a stock. Just think about it, guys. This whole Trump situation, all of these tariffs, all of these uncertainties in the market, this is all short-term thinking. We're thinking in a span of three months from now, right? But we have to see that vision of five, 10 years from now when hopefully this trade war stuff is behind us, where the markets are going to be. And in five, 10 years, I guarantee you, looking back at today, we're going to be like, dang it, I wish I loaded up on so and so stock. I wish I bought some shares in this company. I wish I bought this ETF because at that point in time, it could be, in my personal opinion, it will be way, way, way more than what it is right now in 2018. So drop a comment again down below. Let me know your thoughts on this. What are you guys trading? How was your week? I would love to love to know. And I'll interact with you guys as always. I always answer every single comment. And I hope you guys enjoyed this video. If you did, feel free to drop a like, leave a comment, subscribe. I'll catch you guys in the next one. Peace out.