 What is going on everybody, it's Stas here and in this video I'm going to be talking to you guys about and doing an overall market update, taking a look at the S&P 500, the Dow Jones and the Nasdaq and I also want to share with you guys what stocks and ETFs that I'm personally watching as well as what I did today in terms of my trading in the stock market. And as you guys read in the title, there's this one thing that I believe if it happens it can explode the market to all-time highs and I'm going to be talking to you guys and sharing with you all my opinion on what that is in a couple of minutes here, so stay tuned for that. And all I ask from you is if you enjoy this video, if you find value in this video, feel free to go down below and hit that like button and consider subscribing to the channel if you do want to see further content about the stock market, investing, trading, personal finance, I upload videos on this channel six times per week, so get in on the action and also if you want to be a part of our community, the Stryfe Smart community, there are two links down below, the Discord group chat and the Facebook group, 100% free of charge, feel free to get in to those communities. So guys, let's get started here with the SPX, the S&P 500 and today was a pretty good day in the markets. The S&P was up $20 here, 20.52 to be exact, up 0.69%. Very very good day here, the Dow not as good, but we'll get into that here in a couple of minutes because the Dow actually had Boeing weighing it down and Boeing has been doing very, very poorly recently and we'll get into that as well here in a couple of minutes. But back to the S&P, the S&P is looking a bit bullish to me right now, we're breaking out of this wedge, this ascending triangle pattern that we're seeing here, right? We're really making higher lows and lower highs and I said in yesterday's video if we were to break this trend line, that would be very, very bullish and you guys can see we're slowly breaking that trend line now which in my opinion on a technical basis, this is going to shoot us straight up to those all time highs and break above these all time highs if certain things fall into place here in the next couple of weeks, that very well could happen right? And we'll get into that here in a couple of minutes. So the S&P if we zoom in a bit, if we go back to that or rather not back to it, to it because we didn't go to it in the first place yet, if we look at the 5 day 5 minute you can see it's kind of been teeter tottering at around $3,000, you know $29.80, these levels over the past couple of days and the fact that we held $3,000 and honestly closed above $3,000, that's a very good sign to me but for me what I need to see now for that straight shot to the all time highs, very simple, I need to see a break above the $3,008 resistance level from the 17th of October that was just about four days ago, four days previous to me recording this video. So good thing that we closed above $3,000 but I still want to see this pop before really believing and confirming the fact that the S&P is going to go to those all time highs which again are $30,27. I think that would be really a bullish move in terms of the S&P. If we go to the 20 day one hour, you can see we pulled down, held that 50 S&A, that is very bullish because we held it at a higher low and obviously we're breaking above that level and looking to push to that higher high and again that would happen if we break $3,008. So overall guys, this is looking pretty bullish to me especially on this 20 day one hour chart. Pay attention to this chart, this is telling a pretty bullish story in my personal opinion more than this four hour chart and yeah watch out for those levels, watch out for those gap fills there, SPY which tracks the S&P 500, it's probably the most popular ETF that does. This one's looking obviously bullish as well. We broke $300. Very briefly today, we failed to close above it by 1 cent guys, take a look at this closing price, $299.99, I'm thinking this one could fill the gap up now to $302. Since we did end up breaking above the $299, very strong level of resistance as indicated here by these trend lines. So watch out for that gap fill, the last time we broke $299, we filled up to $302 in the time before that, very same thing right, the same exact thing from $299 up to $302. So watch that on the SPY, I'm thinking $302 is my target right now in terms of that and if we go to the Dow Jones industrial average guys, it's kind of different from the S&P right, the S&P is breaking out of this ascending triangle, this wedge pattern that it's in but the Dow is doing the exact opposite. We got rejected at a lower high here, we're pushing down and we're looking to test $266 which is the next major level of support that I'm seeing here and why did this happen? Again, I mentioned it a couple of minutes ago, it's because of Boeing stock ticker symbol BA. BA has a weighting on the Dow 30 right and it's really just been doing poorly. From $372 a couple of days ago, it's now trading at around $1022, they have earnings tomorrow or not $1022 guys, that's the date tomorrow. He's trading at about $332 right now and on $1023 which is tomorrow or in two days rather, they're reporting earnings which, their earnings might be very poor guys here because for those of you guys that don't know, Boeing has been struggling with their planes, they grounded a lot of their planes, you have to take a look into that because that's really the reason why this stock has been struggling. So keep an eye on it, another critical support is going to be $330 on Boeing, if we break that, that could have even more of a negative weight on the Dow right? So the Dow 266, watch that level, if we break that level, watch for the hold on this trend line at a higher low, that could potentially be where we do end up finding support on the Dow Jones and if we go to the 5-day-5-minute chart guys, you can see this is not looking the same as the S&P, the S&P is breaking up like this, the Dow is selling off aggressively. So this is looking a bit bearish right now and especially on the 20-day-1-hour, you can see, okay, we hit 27-1, we sold off a bit, we're holding support from a couple of days ago at around 26-8, we already broke below the 50-SMA support which is a bit bearish, but we are holding the 180-SMA, so we're kind of trading in between these levels on the 1-hour chart. So me personally guys, I'd be watching for the potential break below this 180-SMA, if we do break that, that's going to be very bearish, but if we pop above the 50-SMA, break 27K again, hey, that might be bullish, but again, it all depends on a lot of these earnings coming up for the Dow, the main core Dow stocks and obviously Boeing being one of those, then just watch that guys, honestly, that's what's going to be fluctuating this in my opinion over these next couple of days. And going to the NASDAQ here guys, it's down about 275 now but that's not what it closed at because this is the future, let me pull up my Yahoo Finance app very quickly for you all so we can talk about that. The NASDAQ was up 0.9% today, up about 73 points, which is very good and this is similar to the S&P where we're breaking out of this ascending triangle, this wedge that we're seeing on the NQ, right? We're breaking out of it, we pulled down, we held 78 as a support, right, 7800 roughly, we're popping up above that, again we broke the resistance here of this ascending triangle wedge pattern. Now this is the next level that I'm looking at, it's going to be around 79.90 to around 8K, 8K, this is a very strong level of resistance, right? We got rejected there back in the middle of September a couple of days ago on the 17th of October, so watch for that break, if we break that, you know, we may be going up to those all-time highs here on the futures at around 8,051, right? That would be very ideal for the bulls, obviously, right, if we were to break this little resistance at 8K. Let's say we got rejected there, saw strong resistance, right, failed to break above it, we start selling off, hey, maybe we go down to about 78.75, which is a very strong support here, or maybe we test this, you know, resistance, old resistance of the ascending triangle wedge pattern that you're seeing here, that's a possibility as well, but if we go to the one hour chart, this also could be a potential head and shoulder pattern for me here, right? You got the left shoulder, the head, the right shoulder could be forming, but that's if you think the markets are going to dump here, which I mean personally in the short term, I see these markets a bit bullish, especially with, you know, positive optimism in terms of the trade talks, you know, all these earnings that some of them are looking good, right, and we have a lot of the big ones rolling in here, and a lot of people think that they're going to do well in terms of earnings as well. So that could probably pop the markets, but, you know, you can't deny that you are seeing a pattern like this, which could potentially be a head and shoulder, but, you know, just throwing that out there as a possibility, not saying that's going to happen, but it's always good to have some ideas of, you know, different scenarios, and yeah, it's pretty much it for the NASDAQ guys, for the markets in general. Let me know down below, what are your thoughts? What are your thoughts on individual stocks, earnings here heading into these next couple of weeks, as a lot of the big names, a lot of the heavily tracked names out there are starting to report earnings. So as you guys read in the title, what is this one event that could potentially explode the markets? Sure, one event could be earnings, right? Like I said, if earnings are very good, guidance is good, EPS is good for the main companies, you know, we just get some really good earnings, that could be one thing that fluctuates the markets and explode the markets to the upside to all-time highs, but another thing that's really the biggest thing right now is this trade war, and we have tariffs rolling in in December, and there's talks now that these tariffs could potentially be wiped off the table, you know, if these trade talks, they continue to really, what's the word here, they continue to push forward and really get closer and closer to coming to an agreement. If that happens, guys, the markets are going to explode to the upside. I'm like 90% convinced, and I'm sure a lot of you can agree to that because we've seen how the markets react to the trade war. This is the one kind of string that pulls the markets, right? If the trade war, it's very, very negative, these markets are getting killed because the markets hate uncertainty, but once there's some optimism around the trade war, something good happens. For example, a couple of weeks ago, when we got that partial little trade deal, the markets exploded, right? Once that little optimism comes in, eases the uncertainty a bit, that is what pushes these markets, and I'm telling you guys, if that does end up happening, who knows if it's going to happen, but if it happens, guys, if these trade talks get better, these tariffs start to get wiped off, the tariffs that were set about a month or two ago that I'm sure you guys remember, and when these tariffs were set, slapped on, the markets got killed, right? If these get taken off, these markets, I think they're going to explode here in the short term, right? That's just my opinion, and let me know what you guys think down below about that. I'm sure a lot of you guys have your own opinions on that. Let me know if you think I'm crazy or let me know if you think I'm spot on down below. So what did I do today in terms of my trading, guys? Well, there are two things that I did. I day-traded Procter and Gamble today, ticker symbol PG, and this one is doing quite well right now after hours, and it's been doing well all day today, you know, if we take a look at the price, right? We opened at 117, and now we're trading in the 120s here after market hours, which is a pretty good push for Procter and Gamble, especially since it's been squashed over these past couple of trading days. If we go to the 10-day chart, you guys can see we were at 124, had about a 10-point drop all the way down to 116, and now we're starting to pop above moving averages and looking really, really bullish. But where did I take my trade today, guys? Well, I was looking at this 5-day, 5-minute chart, and I took the trade as we started to pop above the resistance from Friday's session. This is really just a simple trade for me, guys, right? I noticed the support on PG at around 116.50, like I've been talking about in these videos, and I noticed how strong of a support that was. And how do I know it's a very strong support? Because if we push back or pull up, rather, this one-year, one-day chart, take a look at this trend line stemming back almost a year ago. You guys can see we've retraced to this trend line multiple times in the past, and we've held it and popped to all-time highs from those retracements. And now I'm seeing very similar movements from PG. We pulled down. We got those support points on the 5-day, 5-minute chart. You guys can see there has been multiple trading days where we bottomed at about 116.50. And you guys can see 116.50 on the longer-term chart was an old resistance. We held it as a new support, and now, again, we're holding it as a new support popping up. So that just gave me a lot of confirmation and a lot of confidence this morning to take that trade, especially as we did, again, like I mentioned, broke above, or break, rather, above 117.75-ish, which, again, was a resistance back on Friday. So this, guys, this played out beautifully, and honestly, if I did hold it the entire day, I would have made from where I got in. I think I got in literally once we did pop above that. That was extremely bullish for me. But let's say I held it for the entire day to close. I would have made about 1%. And a lot of you guys may be saying, oh, 1%. That's nothing, Stas. Go trade TVIX. Go trade one of these leveraged ETFs that you can make 10% on. But honestly, I liked trading. And obviously, you guys know this if you've been following the channel for a while. But I like trading safer, quote unquote, safer stocks, right? The proctor and gambles, a lot of the large caps. You guys know if you've been following me for a while. And yeah, I'm cool with taking a small profit, right? I'm not in this to chase these penny stocks. Although sometimes I do in my speculative account, as you guys saw in that live trading session a couple of days ago, I like dabbling sometimes. But with my main account, I'm mostly looking at stocks like this, stocks like Avvi and some of the other ones that we're going to be talking about here in this video. But I got in very quickly. I think it was like 170, not 170, 117, 85-ish. And I wrote it up, guys, to about, I think it was like 1865. Once we pushed up to this higher high, you guys can see the RSI was getting ridiculously oversold. I ended up just selling off for about a 0.7% profit. Not crazy, right? But really good at the end of the day. I think that's a really good move for about an hour or two of a hold right there in Procter and Gamble. And that's what I'm really looking to swing in the next couple of days after they report earnings. This is one of the main ones that I'm watching. And I also took a swing position today in Avvi. So Avvi, I ended up getting in, if we look on this 5-day 5-minute chart, I ended up getting in a bit. I think it was like 76, 75. Once we confirmed the pop on this old resistance as a new support, I was watching that on the 5-day 5-minute. You can see we held a higher or low on this 180 SMA support as well, which is also something I was watching. So once I got those two confirmation points, I started to put a little money into Avvi. And this is one that I'm planning on holding. If everything goes right, I'll sell Avvi before earnings here, which is in about 10, 11 days from now. So that's the goal because me, I don't like holding stocks before earnings. That's kind of a gamble in my opinion. I like seeing what the stock reports and what the guidance is and stuff like that. That's just me taking precaution here, risk management, stuff like that. That's what I personally feel comfortable with. But I think it can make a move here in the next couple of days. And I could probably get out with the profit before earnings. That's kind of what I'm thinking here. And the goal is to sell some shares at around $79. You guys can see 79 is an old resistance here. And we're almost halfway there at this point, guys. I got in again at about 76, if we zoom in a bit here. My voice is super raspy right now, guys. I don't know what's going on. But again, I got in right around here. I'm up like, I don't even know in terms of a percentage right now. But I'm up, let's see, about less than 1%. And from my entry, I plan on adding a bit more money scaling into this. Up to the major target sell, which is at about 81, that's about a 5% profit from where we are now. From where I ended up getting in, roughly it's about a 6% profit. So first sell target, 79, 3%. Second sell target, 81-ish, about 5%. And these are honestly, guys, two stocks. Again, Avvy, Procter, and Gamble that I'm going to continue to watch. And I'm continually looking to put money into, especially after they report earnings, after I see what their guidance is, stuff like that, EPS revenue, all the good stuff. And yeah, after that, I can probably make another decision on whether or not I want to swing them into the future. So some stocks that I'm watching, guys. Again, obviously, Avvy, PG, we don't have to talk about that because I feel like I've been talking about them a lot on the channel. Some other ones are Tesla. Tesla's reporting earnings tomorrow, I believe, or the 23rd. 23rd, yep. 23rd, they are reporting earnings. And you guys know at this point, Tesla stock, when they report, it's either up 10% after hours or it's down 10% after hours. Sometimes it's teeter-tottering 2%, 3%. But for the most part, the stock goes crazy. And I think it's worth watching at this point, especially since those earnings, again, are in two days from now. So the technicals I'm looking at on Tesla are the 260 resistance. We got three different rejections over the past couple of months there, one in the month of May, the second one in the month of July, and now a couple of days ago on the 17th of October, we got rejected there again for that third time. But we are holding that 50 SMA here as a support on the 4-hour chart, which is a good sign because this is a higher low from the previous. So I'm interested here, guys, are we going to break down and maybe go back and test 240? That could happen, especially if these earnings get really volatile, turn the stock volatile or rather. Or are we going to break 260, which I think if we break 260, that could be a nice play to the upside here, especially if the earnings are good, if we're able to get in and time it right, I think that could be a good move from about 260 to 275. And if we're just calculating how much we can make on that, that's about a 6% profit margin there on Tesla. So this is really worth watching in my opinion. Amazon is another one that I'm watching right now. I don't really trade Amazon too much if I'm being completely honest with you guys. I can't even remember the last time that I traded Amazon, but they are reporting earnings as well on the 24th, which is three days away from now. And they do have some profit margin here. The all-time high, or the high that I'm seeing on this chart here, I'm not 100% sure if it is the all-time high. It's about a 12% away. And we're at a resistance right now under this 180SMA. We're looking a bit bullish here since we pulled down, held a higher low on the 50SMA, and now we're breaking out of the 180SMA slowly. So this could be one to watch. If we pull out a support tool here, you guys can see we held 1,700 very strongly. That's a strong level of support. And yeah, I think it's worth watching. If there's good earnings from them, good guidance, good EPS, good revenue beats, whatever it may be, this one could be flying up in the short term. I'm looking at levels such as 1850. I'm looking at obviously 1800. That's a level. So just watch these. Amazon, there's a lot of potential. It's one of the best companies out there in the world. It's always worth watching around earnings time. So a couple of other ones, guys, let's break down new gas and de-gas very quickly. Natural gas took a dump today. And if you guys watched my video yesterday, you saw and I talked about one of the scenarios that could play out is natural gas, if it breaks 230, it may be filling down the gap to 220. And that's why I drew this arrow in yesterday's video and that scenario ended up playing out. So at this point, I'm looking to see what natural gas is going to do. Are we going to find support at 220? If we find support at 220, what are we going to do from there? Are we going to hold it and fill back up to 230? If that does happen, U-Gas could be a play. UGAZ is the ticker symbol. But if we break 220, which would be very, very bad in terms of a technical break there, 213, I think is the next level if we zoom out a bit here. 210 rather, right? 210, 211, that could be where we go down. And at that point, guys, D-Gas, which goes up whenever natural gas goes up, or rather when it goes down, would be a very, very good play if that ended up playing out. So those are some scenarios at this point, right? 220 is very critical if we break D-Gas, if we hold and pop U-Gas, that's the move. But Thursday is the natural gas report. So watch that because that obviously fluctuates the price of natural gas from week to week. So that's what I'm watching in terms of that. And are there any other stocks that I'm watching, guys, mostly at VPG? I'm trying to think. Goldman Sachs is another one that's really looking to potentially break out here if we break 210. And you guys know, when I talked about this on my Instagram story today, and if you're not following me on Instagram, it's linked down below at StasSurface is my username. So go follow me on there if you want callouts and updates throughout the day. But I talked about on my Instagram how a lot of the banking stocks have been doing phenomenal. JP Morgan, let me pull him up for you guys. JP Morgan's been doing phenomenal, right? Warren Buffett's absolutely killing it on his position right now, right? Bank of America. BAC has been killing it. He's killing it on this position as well right now, right? He owns Bank of America and JP Morgan, right? Well, as far goes another one that's been doing decent. Not as good as Bank of America and JP Morgan, but nonetheless, it's been doing great. So Goldman Sachs at this point, I think there's some hype behind these bank stocks right now. Not really hype, but they're doing well, right? So I think if this one breaks 210, 220 is right in reach. If we look at how much we could potentially make, it's around a 4% to 5% in terms of 210 to 220. So watch that potential break on Goldman Sachs. I am for sure looking to trade that if we do and might as well just set an alert for it now so I don't forget to do that tomorrow morning. So let me just create an alert for you guys. And by the way, if you don't know how to create an alert, right click your mouse here, click create alert, and the symbols here, which is the ticker symbol, the stock mark is at or above. You can really pick whatever level you want. I want it to alert me if it breaks 210, very simple, is at or above 210, create and you'll see it pop up right here. So if that happens tomorrow, if we break above, it'll alert me and then I can decide whether or not I want to put my money into it. So overall guys, that's it for this video. I think I covered all the stocks that I want to talk about in ETFs and ETNs and stuff. But overall, I'm just watching the markets, right? I'm looking at what these earnings are doing. I'm keeping an eye and paying close attention to the trade war, things like that, because let's be honest guys, those are what are, you know, affecting the markets right now. These major events are pushing the markets to the upside, to the downside. So it's very important to watch that stuff on a day-to-day basis. And again, if you enjoy this video guys, all I ask is go down below, hit that like button. I would really, really appreciate that and consider subscribing if you do want to see further content about the stock market, investing, trading, and also join our Discord group chat and our Facebook group and don't forget to follow me on Instagram at StasSurface. That is linked down below, like I mentioned before. So I'll catch you all in the next video. Thanks again for watching, especially if you stuck till the end. You are awesome and yeah. Hope you guys do well. Keep an eye on those earnings. Have that cash on the sidelines ready to go and I'll catch you all in the next video.