 What's going on everybody it's Stas here welcome back to another video so in today's 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 terms of my trades did I buy any stocks did I sell any stocks hint hint I bought some stocks guys well one stock today and you'll see what I bought here in a couple of minutes as I break it down here in this video I also want to share with you guys a couple of other stocks and ETFs that I'm watching right now and looking to trade here in the month of September in 2019 Apple stock ticker symbol AAPL being one of those stocks because I'm sure a lot of you guys know by now that this stock has been doing quite well over these past two days because we actually got news on what the new iPhone looks like it's available for pre-order right now the iPhone 11 the iPhone 11 pro and the iPhone 11 pro max I kind of want to jump in the safari tap very quickly with you guys take a look at these phones and kind of give you guys my opinion on apple stock here going forward so if you guys find value in this video if you enjoy the content find it helpful feel free to go down below and hit that like button it really supports me and supports the channel in general and consider subscribing if you want to see further content involving the stock market trading investing personal finance this is the channel for you so without further ado guys with about two minutes left in the markets let's get into it the s&p 500 here with again two minutes left is up $17 and 50 cents up 0.6 percent very strong day here for the s&p 500 today guys the dow Jones industrial average very strong day even better than the s&p up 190 points up 0.7 percent the nasdaq is up 63 points here up 0.82 doing the best out of the three major indexes that we track and that I talk about on this channel and you guys can see the nasdaq is doing the best because tech in general and apple in general is doing quite well right now right apples up 3% today it was up very I think it was up very very good amount yesterday too I think it was up like two three percent yesterday as well you know amazon's up a dollar that's really nothing for amazon facebook's up almost two bucks google's up 11 bucks you know these are definitely driving the nasdaq as of right now so going over here to the s&p 500 guys let's just break down some technicals because I did talk about scenarios yesterday and yesterday's video that could potentially play out today and one of those scenarios was that we were going to continue this uptrend and potentially test 2990 which was the resistance that we were trading under in yesterday's video in yesterday's session but today you guys can see that we clearly gapped up above 2990 and now we're making a push to the three thousand dollar level yet again for the s&p 500 and let me zoom in here to let's say the 90 day two hour charts you can see exactly where we're retreating over these past couple of days and what did I talk about in yesterday's video just a quick recap so the the trading range we're in right now that we're in is between 2950 and 2990 or at this point the trading range that we were in right and in yesterday's video there goes the markets I mentioned that we were either going to gap up potentially break out of this which would be very bullish which we did end up doing or we were going to sell off and maybe test 2960 again or maybe even test the support here which is a very critical support at around 2950 and you guys can clearly see that we didn't end up doing that right so the fact that we gapped up today we closed above 2990 and we can just we can see that we just closed above three thousand dollars that's very bullish for the s&p 500 guys that's extremely bullish so the fact that we closed above three thousand dollars right now let me show you guys that this is going to be the new level of support that we're going to need to hold now let me show you guys a bit closer on what I'm talking about here so 2990 this was the resistance right a resistance from July in the beginning of July in 2019 we broke above it right making it a new support once we broke below it it became a resistance and then we popped up to all-time highs again making it a support and then once we broke below it again we sold off in the month of August right it became a resistance again and now since we broke out of it this is a level that we're going to need to hold as a support roughly 2990 to about three thousand dollars and if we do end up holding this level as a support maybe consolidating for a couple of days this could be really the the launching pad up to the all-time highs on the s&p which are at three thousand twenty seven dollars and 98 cents right those are the all-time highs here on the s&p but one thing to notice um is that the rsi is a bit overbought really overbought at this point it's at about 72 and we all know at this point the closer and closer it gets to 70 the more and more overbought it gets and especially if it breaks above 70 that's very overbought so we might experience a bit of a pullback but this is perfect guys because if we do get the pullback that'll bring the rsi to a healthy spot and that'll give us the opportunity to retest 2990 as a new support and from there are we going to pop and if we pop from there break 3000 again this is going to be in my opinion again like i mentioned a couple of seconds ago the launching pad to the all-time high at three thousand twenty seven in my personal opinion but let's say we failed to hold 3000 we failed to hold 2990 we start to break down a bit rsi comes down let's say in the middle here whatever it may be we may be selling off a bit to either retest you know 2975 maybe 2960 maybe even 2950 guys which i know it's a bit um it's kind of a waste to go from where we are now it's about a 1.5 drop from where we are right now but again anything can happen and i'm watching the action here in the price pre-market and of course the futures right the es mini s and p futures in the mornings to see you know what direction could we potentially be headed for that day or regapping up or regapping down is it a big gap up of half a percent or more is it a big gap down of half a percent or more this is going to give me insights on where we could potentially be headed so as of now with the data we have with the price action we have very bullish on the s and p right again we broke 3000 that's a very good sign but watch out for the pullback we might be getting it here in the next couple of days maybe even tomorrow right so the dow Jones industrial average you guys can see it's very similar to the s and p right we're overbought on the rsi despite all this jazz here with all these trend lines you guys can see that we broke above 26600 very very strong resistance right we actually pulled down and retested it as a support and we popped right and we actually ended up breaking above the next resistance which was at around 26900 which is what we were talking about in yesterday's video so that's a very good sign that we actually broke that today so at this point you know what i want to see in the dow is a pull down and a retest at 26900 maybe even 27 000 flat to see if it's going to hold that level as a new support and just like the s and p you know if the s and p pulls down the rsi is going to come to a healthier spot same exact thing with the dow right if the dow pulls down the rsi is going to come down if we level out here this could be a launching pad up to the all-time highs at about 27 398 and as of right now guys we're literally right there in terms of all-time highs we're about 260 ish points away from all-time highs so let's say tomorrow we miraculously have a fantastic green day that's going to pump the dow straight to all-time highs and maybe even the s and p 500 as well so those are just the brief technicals here for the dow that i'm looking at nothing crazy you know if we're zooming in a bit to the 20 day one hour i know it's a lot of jazz here don't focus on this just focus on this green line here which is the 50 s and a notice how we pulled down yesterday we bounced on the 26600 level that i talked about or rather the 26700 that general area we held it as a support and then we broke out of 26900 like i mentioned right we may be pulling down now to also retest that 50 s and a here on the hourly chart and if we hold that that could be again a launching pad to these all-time highs but if we break the 50 s and a that's going to be a pretty bearish sign in my opinion and we may be selling off even further from there so overall right now these technicals are not really that hard to understand we're uptrending we're seeing higher highs higher lows moving averages are acting as supports on pretty much all of these time frames that i'm seeing but one thing is again the RSI is overbought so just keep an eye on that we might be seeing a little bit of a of a retracement here in these next couple of days so you guys can see the NASDAQ actually swung up to nearly a 1% close here which is very very good at the beginning of this video it was up 0.8% so the markets in general if we're just looking at the daily very quickly we can see very nice upswing here at the close and let's see if it's for the DAO as well of course it is and the s and p 500 same thing as well so very bullish close it kind of reminds me of yesterday's close that we kind of pulled down before the close and then power hour we ran up very similar situation today power hour we ran we ran up on pretty much all of these indexes right and the NASDAQ let's go to the 184 hour very quickly so we can break this down the NASDAQ's right now at a resistance this resistance we failed to break out of it in the beginning of this month between the fifth and i'd say maybe the ninth of this month in september in 2019 we pulled down and what i was mentioning in yesterday's video is that despite us getting rejected by this resistance we pulled down and we successfully held a higher or low on top of this 50 SMA on this four hour chart as well as on top of this old resistance as a new support at around 77 60 this is literally what we talked about in yesterday's video guys and it ended up playing out perfectly we popped above this old resistance as a new support as well as that 50 SMA and it seems like now we are retesting that level of resistance that we failed to get above in the beginning of this month as well as a couple of months ago back in the month of april end of april into the month of may in 2019 when we failed to break out of that level so in my opinion guys let me just let me just quickly bring this out for you guys so you can see here in my opinion if we break out of this level we hold it as a new support i think it's very possible that we continue this bull run up to 8 000 points here on the nasdaq futures and potentially even retest this all-time high at 8051 and in my opinion if apple runs up to 230 maybe 235 i saw a bunch of analysts actually i think it was morgan stanley one of them they raised their price target on apple to 245 250 i think one was at 260 even you know if if this drags up apples um stock price if the iphone released as well if we get you know the first earnings report which probably won't be the next one it might be the one after that that does include iphone sales you know if that does very well the nasdaq can definitely pump up into the 8 000 level maybe even above that here in terms of what we're looking at right here so those are just a couple of things to keep an eye on to just keep in your mind honestly from a technical perspective um in terms of the s and p the dow and the nasdaq so let me know down below in the comment section what do you guys think about the markets right now i'd love to know what do you think about apple stock let me know down below in the comment section i'm really interested in seeing and hearing what you guys have to think about that so let's just get into the trading portion of today's video guys um atnt is what i ended up taking a position in today and this is one that i ended up calling out in yesterday's video as well due to the positive catalyst that it did end up that it did end up having right and let me tell you guys what this catalyst was if you guys ended up missing yesterday's video or if you didn't really uh pay attention to atnt stock in general and i totally understand because atnt it's really not the most talked about stock out there it's not a hot stock out there so news around to atnt you might miss it unless you are unless you're invested in it which i personally am i kind of catch everything everything's on my radar in terms of the stocks that i'm invested in right but anyway we got news that a hedge fund ended up putting a 3.8 billion dollar stake i believe that's the number in atnt and they think the stock is extremely undervalued with the price target of 60 per share and whenever a big name hedge fund comes out guys publicly they put money into a stock this not all the time but sometimes it pumps optimism into that stock and it shoots the stock's price up and it causes short term maybe even long term but definitely in the short term it causes a bullish uh what's the word here bullish sentiment in the stock right and we can see atnt went from 36 per share up to 40 per share pre-market when we got that news then all of a sudden it sold off all the way down to about 36.60 right we ended up holding that 50 SMA support here at around 36.60 we didn't break that support which would have been bad we held it which it's been a support over these past couple of weeks so that's a very good sign then we ended up popping up after market and pre-market in the next day which was the 10th of September which was yesterday and then we ended up gapping up this morning as well right which is which ended up being the reason why I got into this stock and no joke I drew these trend lines in yesterday's video or before I filmed yesterday's video and it literally played out exactly not exactly to these trend lines but kind of the way I was thinking it was going to play out right we got the pull down we held we got another kind of mini pull down here before we ended up popping up in the overall trajectory ended up pointing up right and you can see what I'm saying here on a closer basis we gap down we ended up gapping up this morning and then we saw a pull down heading into the market open which is actually where I was watching AT&T for this swing trade entry right I wanted to see if the price was going to end up breaking moving averages which would have been bearish which would have been a sign for me not to get in or was it going to hold the moving averages was it going to hold either the 180 or the 50 and it ended up holding both and was it going to pop up which it ended up doing so once it did break up here guys you know from 38 dollars we were holding this level for about 30 minutes or something 30 minutes to an hour right pretty strong support at around 38 and then once we gapped up once we started to see the EMA crossing above the 50 SMA here on the 5 day 5 minute and we started to see that very kind of like a bullish flag here this is when I ended up getting into the position with a small really portion of what my total position is going to be here and this is kind of my swing trading strategy it's nothing magical it's nothing that you know it took me years and years to develop it's very simple right you scale into your positions it's either 10 percent 20 percent 30 percent of your goal position at once whatever it may be right me personally I'm going 20 25 percent a lot of the time into my positions and I add to them as they continue to go up so initially I put in some money here about 20 to 25 percent of my position at around 38 15 and now I've built a pretty nice buffer for myself because we did end up closing the day as you guys can see let me just quickly clear this that doesn't matter actually but we can see that we ended up closing the day at 38 dollars and 75 cents a 3 percent day in the green today right and we ended up holding the 50 SMA heading into the close which gives me incentive to hold this into the close to be completely honest with you guys and maybe even add more money tomorrow based on how these technicals are moving but I feel totally comfortable holding AT&T here as a swing trade and that's what I'm really doing at this point guys excuse me I'm in at 38 15 right now I'm up 1.2 percent in my position and first target sell at this point if we zoom out a bit three year one week you guys can see some resistances are coming up on AT&T we have that one at around 39 to 40 dollars which is where we gapped up a couple of days ago which is going to be the first level of resistance where I might shave off some profits right that's going to be right around here we have another one coming up at the low 40 level like 40 dollars and 80 cents 40 75 roughly there and we have another resistance at around 42 dollars and 50 cents which is this high roughly on this three year one week chart so there are some levels coming up here where AT&T might get rejected at and honestly we may not even get to those levels right just because this catalyst came out that's positive it's not 100 percent that the stock's going to fly up it's just an incentive for me to get in on this positive momentum and once I see it if I see it start to break trend that's where I'd take my profits or cut my losses right but as of now I just want to ride this momentum I want to ride this trend and that's what I'm just honestly doing guys so AT&T is what I'm in right now I'm sure a lot of you guys are wondering what are you doing with ATV stocks because you got into ATV yesterday and ATV did well this morning I had high hopes for it this morning but you guys can see we ended up closing pretty poorly today actually down a dollar 12 at the close down about 2 percent so like I said in yesterday's video guys ATV I want to give this one some wiggle room so I'm sticking to that I'm in at about 55 dollars and 10 cents in at about 55.15 something like that so I'm down in my position right now I'm down let's see on a percentage basis how much I'm down it's literally not even half a percent I bet I'm actually haven't even calculated it so you'll see my live reaction which probably won't be too amusing but I'm down about let's say close to half a percent like I guessed right about a half a percent down right now and I do want to give it a two percent stop loss that's what I'm currently working with so tomorrow is going to be a deciding factor in my opinion for ATV you know if we end up selling off even further I might just take a brief loss before looking for a reentry but then again like I said guys I want to give it some wiggle room so I'm kind of in this position where I want to be strict with my stop losses but again I kind of want to maybe see how it rides out for this next week but ideally you know ATV I want to end up holding this one like I said yesterday you know into the high 60 or not high 60s that would be ideal right high 50s like 59 60 that's the ideal point in time where I would sell ATV or rather the ideal price that I'd sell ATV right and that's going to be us getting closer to this resistance from really the October month of 2018 when we gap down all the way from 62 all the way down to about 54 so I'm looking at this as a level to sell but again we're fiddling with this resistance now ideally I'd like to see a break before I add more money and again I'm going to let this one ride most likely unless something dramatic happens drastic happens where it drops all the way down to 52 tomorrow which would be pretty bad honestly that would be bad because I'd be down like six percent five percent at that point at that point I'd probably cut my losses but um yeah that's just how it's going right now guys and and kind of I'm feeling a little bit more comfortable on ATV because I do have that AT&T position which I'm green on right now so it's kind of offsetting the loss I'm actually in the green if we're just looking at both positions because again I'm up like one percent on AT&T down about point five percent on ATV with the same amount of money in both so that's kind of what I'm doing right now guys ATV AT&T um no day trace today I was looking to hop into you guys but on the five day five minute like I mentioned in our chat today we failed to break out of the 180S may resistance right here I was looking for an entry point we popped up briefly but then but then we got rejected hardcore from there um you know if we were to do something like that I would have entered there for potential momentum breakout play we didn't get it and uh that's just honestly opening up a further opportunity in my opinion for you guys here over these next couple of days right if you're looking at the 20 day one hour chart you guys can see we're holding 20 bucks although we are breaking below the 50S may um it's kind of in a weird spot right if we hold 20 break out like this tomorrow that could be a gap fill up to 23 bucks if we break this level you know we start to go down to the 19s we may be going down to 18 dollars per share which hey that might open up an even better opportunity um especially as these winter months are rolling around when natural gas is typically bullish so I'm watching you guys guys just keep an eye on that that's kind of like a mini breakdown on this stock but I want to get into the Apple iPhones very quickly because that is what's pushing up the stock right now in the services business as well we have Apple Arcade I believe it's called it's coming in at 4.99 per month we have Apple TV rolling out here soon we have Apple News all of these services and uh really just the iPhone is is just pumping up the sales right now not the sales of the stock of Apple right and just taking a look at these iPhones very quickly like I said in the beginning of the video we have the iPhone 11 Pro the iPhone 11 Pro Max and we have the iPhone 11 right and the interesting thing about these is the price point look at these price points guys starting at $700 iPhone 11 that's pretty good right the price of the iPhone Pro Max the 11 Pro Max is at about 10 uh 100 here at about $1,100 that's pretty good and the iPhone 11 Pro is at around $1,000 so in terms of the previous iPhone release I feel like these prices are right in line and obviously the features have gone up a bit we see the cameras here there's three cameras on the pro and the pro max but there's only two here on the iPhone 11 and if we're going down to see what these cameras are because when I first saw this I was like wait a second why is there three cameras here why is there three lenses that's really weird well you guys can see this one is a triple 12 megapixel ultra wide we have a wide and we have a telephoto camera with night mode so all of these are different right and the iPhone pro max has the same thing the iPhone 11 only has two which is the dual uh 12 megapixel ultra wide and wide cameras with night mode right and just going down here he says the uh the battery lasts four hours longer which if you guys have had iPhones you know the battery is great for the first year two years then all of a sudden out of nowhere coincidentally the battery starts to die in half a day right I'm on I still have my iPhone 8 here um I think it's the 8 plus whatever it may be the battery was great the first year two years I've had it but now I feel like I have to charge it every couple of hours because the battery is going like this I swear Apple has like a system where they just like switch it on and your battery dies like five times quicker just so you get the the new iPhone I'm sure it's not like that but that's kind of what runs through my head sometimes I'm thinking like wow this phone just starts dying out of nowhere so quickly it's kind of funny but anyway 64 gigs 256 512 nothing crazy there and uh that's really just the main specs I wanted to go over splash water and dust resistant up to four meters two meters for the iPhone 11 and yeah guys that's a lot of the the main specs here on the iPhone without boring you the main thing again is those three phones or the three cameras rather in my personal opinion which I think it's pretty cool right it's pretty cool especially if you're using your phone for for photography for maybe shooting youtube videos you know filming videos whatever it may be so going over to apple stock guys ticker symbol aapl you guys can see this stock has been doing quite well I think yesterday is when these phones got revealed and yesterday the stock was at $213 we've seen a $10 pop since then that's about a four to five percent move in the stock which is very very very good and on a technical basis here we're actually getting very bullish on apple guys very very bullish you guys can see you know if we just draw out some uh resistance levels here with the breakout today you know apple stock is at a point where we broke out of that 215 the 220 level of resistance now we're getting to a point where we're testing those highs that we haven't been at here in a while right we're getting closer to that 233 all-time high that we hit back in what month was this back in October September of 2018 about a year ago so this could be the point where we may be filling the gap up to 233 here on this positive news regarding the iphone not really positive but just the initial hype of the release of this iphone 11 right and in my opinion guys it's all about iphone's cycles in a sense when it comes to people buying iphone sometimes certain cycles like the iphone 8 for example i don't know if this is correct i don't know which one did poorly i'm forgetting off the top of my head now but some people buy an iphone 8 they skip the next one and then they buy the next cycle so it's pretty much like buying every other cycle because not everyone wants to buy a new phone every single year for a thousand dollars so this could be that cycle where a lot of people start buying the iphone again right start buying a new iphone if they didn't get the the previous model let's say they're still rocking the older one like me iphone 8 they may be like oh wow iphone 11 this is time for me to upgrade my phone am i going to do that no because i have a perfectly working iphone 8 i rather put that money in the stock market but the average consumer probably would upgrade their phone which that would boost up the sales heavily for the iphone's in general more revenues more profit for apple hence a higher stock price so at this point if this is the cycle that people start buying heavily this could end up popping up the stock which in my opinion is important to watch this stock for that reason over these next couple of weeks next couple of months as we start to see how these iphone's are selling we start to see the numbers in the reports right in the quarterly reports i don't know if it's going to be this quarter the next quarter whichever quarter it may be that does have the new iphone sales i'm interested in seeing that so on a technical basis again now we're trading between 215 and the all-time high at 233 so watch this level at 220 um you know 220 215 watch for a pullback and a potential retest on this 50 sma this could be a beautiful entry point on apple right for a swing trade for a day trade whatever it may be right this could just be a great great entry point and honestly guys we may be getting that pullback once this initial hype ends up phasing out we may get the rsi back down to a healthy area which would be another incentive to get in because right now the rsi it's a bit overbought it's kind of scary it's daunting looking at that rsi which is why i'm not really getting into apple quite yet i rather have my money in atvi at v right now and atnt ticker symbol t but if apple does get to that right point honestly guys i'm going to pull the trigger and uh hop into it so for this video guys that's pretty much it right the main stocks i wanted to get across to you guys today were apple atnt and at v because those are what i'm really watching heavily right now and two of those i have my money tied into it so you know i'm watching those heavily because i'm actively involved with them and you guys on on the etf side here you guys is very very um it's very volatile obviously and it's offering a good opportunity on this pullback if we get the confirmation of the support of the bounce and for the reversal to the upside you know that would be a very good um really uh a scenario to get into you guys if we do get all of those steps um before before uh getting into it right that that we need to see before getting into it so that's it for this video guys right if you enjoyed it feel free to go down below hit the like button consider subscribing if you want to see further content for me drop a comment let me know what you guys did today in the markets what are your thoughts on the apple phone um what are your thoughts on apple in general the markets in general i would love to know and quick um uh quick announcement here channel announcement for those of you guys that stuck till the end i actually ended up getting the camera today a couple of months ago i announced how i'm revamping my my home studio if you want to call it here with kind of a new setup to film videos and i got this canon m50 guys i spent six hundred dollars on this camera more like seven hundred dollars with the uh with the sd card and everything and i haven't spent this much on a camera ever right so i'm really looking to revamp the quality here um on this channel i have a tripod sitting right behind my computer right now so other than these screen videos of the charts like you guys have been seeing from now and then i want to have some more videos of me sitting down at my desk maybe with the cool background cool led lights whatever it may be to start filming some more topic videos broad videos stock market uh investing for beginners trading for beginners tip videos whatever it may be you know vlog style whatever it may be right i just want to revamp the quality of a lot of those sit down videos so yeah just figured out i'll let you guys know for sticking to the end here expect some videos coming very soon with this beautiful beautiful camera and guys the quality is insane right just quickly again on a side tangent i was filming on this iphone the quality compared to the iphone is insane this is so much better it makes the iphone look like a blackberry right a blackberry from 2008 it's pretty crazy so anyway i hope you guys enjoyed the video uh i'll catch you all in the next one i appreciate all you guys watching especially if you stayed till the end you guys are awesome so i'll catch you guys uh peace out