 What's up guys? Happy Mondays They've got the market chart like a bubble today I go a little rough today Had a big move to the upside pre-market. We had 472 almost 473 actually In pre-market and gave it all up 473 to 466 at the end of the day. Wow Market starting to perish. What's up Vincent? What's going on? What's up Brandon? How you guys doing? Hey, hey So wow market is over the place today and video lost a lot of the game today down 6% Some of the big movers last week have really beat up Tesla's down pretty hard today 966 So I think we talked a little bit about this last last Friday as well We talked about possibility for a lot of things to cool down a little bit because last week It's just such a huge run Facebook was doing a little bit better though, but they're not had a huge move back up J&J Ly DGX Wow new all-time highs almost Pfizer is very strong See a lot of mixed stuff, but the health care sector looks strong Consumer staples is strong with Target being the weakest So could see some opportunity there P&G hitting new all-time highs Walmart finishing up that double bottom move almost. So very nice there Wow, good afternoon G money are be nickel young bull Mario What do you think about snow? We could check it out. We could check out snow Looks like we would join the misfit toys if no Santa rally Yeah, it's gonna be ugly if there's no Santa rally Lucid gaming So the indicators that we're using right now on the on the market is a custom indicator that we set up It's available for sale on x-hub. We're also doing trials on it too. If you guys interest in trial shoot me a message in in this court It's a double seven Wall Street So we were looking at spy on Friday. So a little crossover possible move some money flow coming out ideally We can see a test of 456 maybe That that's ugly though if that does happen So hopefully not for a lot of people. Hopefully we just chop in this rain train here Until FOMC and then we'll pick a direction whether it's going all-time high or coming back down a little bit Santa rally is just kind of like a gaming thing where a lot I mean like like a chat room thing where a lot of people are just talking about how The stocks usually rally during the Christmas season, but it's not necessary always the case I mean, there's you know, just because it's happening for it doesn't mean it'll always keep happening But there's a good chance. It's a good chance that can happen. So that's what a lot of people are looking for forward to Let's check out the earnings report So we actually we don't really have any earnings for they we had QD from this morning black back base Zedge Then tomorrow we got some we got two interesting ones OPT ocean power technologies That's a pretty interesting company and skill soft and then one day we have ABM and Toro These are tutorials like that snow shoveling company. I don't know that like they make like snowblowers and stuff I don't know what the situation with that is going to be this year. They say we might not even get any snow This year. There's a global warning or whatever warming it and stuff And then ABM is a Are they up today? I feel like ABM could be up today Yep, tiny percent ABM could be really interesting. This is like a cleaning service They do a lot of cleaning for offices and stuff So I guess they could either a benefit from reopening or be benefit from COVID being around as well And then once they've got some got some fun ones. We've got the home builder linar And trips that calm so we had a little bit lot of play on linar in our earnings challenge So if market continued to go down, we could potentially see the move in our direction for that And in Thursday, we got FedEx and Adobe And then Friday got Darden restaurants, which is like out of garden Longhorn steakhouse and some of the other big brands They own all those restaurants and then we got one a bagel, which is a RV company be great outdoors Let's just look in That's pretty cool What do you think about M you good question let's check out M you did they have earnings this week too? How they did oh? It's the 20th Next Monday So I'm you is next Monday Let's see It's hard to say hard to say man the last Almost every earnings that M you had it's given it up is flop. It's done a great job flopping Even this one even when it went up it gave it down Everybody knows everybody knows everybody that trades M you hate to the sticker Anybody to ever gamble M you for earnings know that is one of the worst ticker to gamble In terms of earnings because they're just utterly trashed so much times right they can have one of the best earnings They have one the best buybacks stock buybacks all sort of things and they they could just choose not to rally sometimes That that would just be the case with M. You I don't know why But people hate it ever since 2018 days. So it's an interesting area So the last two weeks every single semiconductor company that has reported earnings has been extremely extremely bullish May new all-time highs right? So we could see that potentially happen to M you coming back to $90 all-time highs range because Semi shortage chip shortage, you know, how could it not make money because they're making the chip So they should be getting non-stop demand So we can see a move to 90s and we can see a move coming back down to this level right here to test the trend line that is Founding some some some resistance in that previously Even over here had a little resistance before it broke over so these are those two possibilities 96 or 70s man $15 move or ten dollar move ten dollar move Let's check a snow real quick. Let's see what's going on with snow a lot of things are in the middle A lot of things are sitting up in the middle. You could be could be seeing a possible inverse head and shoulder on The intraday Chart so that's an inverse head and shoulder set up possibly over here. This will be the head. These would be the two shoulders Inverse head and shoulders are naturally a bullish setup. So if that end up finishing, we could see a move to 400 So, let's see so interesting setup interesting setup I'll post that in discussion channel This This is our custom indicator. So this purple area here. That's a point of control That means this is a good area where you can bounce at in terms of support or resistance So right now since the the candle is is above this area Then this is a good support area It also kind of aligned with the the area of the head and shoulder the inverse head and shoulder We also have the MOB line here at the yellow MOB line So we're getting like two confirmations in terms of support The only thing that we need a better confirmation on is the rsi Which is crossing over in the downside. So it's just signaling sell off So there's no confirmation there But in terms of support and chart wise Is saying this is an area that it could possibly bounce at But we're not getting the confirmation over there Unless you're looking at a 48 minute chart, we can see some some volume coming in To signal that Yeah, pretty much like some supply and demand So supply and demand it's just another word for like support and resistance All right, so let's check out some some other stuff we talked about this week as well Let me see what's going Market on close imbalance was 1.2 billion to the south side That's pretty bullish. Um, that's a lot of volume to the to the buy side. Actually wait, hold up I see 2.2 to the south side at the end of the day So it actually got pretty bearish It's not looking good So we don't really have any earnings for today. You can look over these in a little bit Actually, I'll go over these now So we're going to go through some of the earnings for a second Joe also Joe reported earnings today. Eps is 65 cents Um, as opposed to 34 cents Sales is 151 million as opposed to 117 mil This is 150 increase over losses up dollar negative dollar and dirty per share from the same pair last year And 29 percent increase in sales compared to last year Where's the company trading at last year? So last year the company was trading at pennies, man It was like five dollars from a year ago right now is at 1450 So I would say the the price point somewhat justified the the earnings a little bit if not, you know More the price has appreciated a lot compared to the earnings Planet labs also reported earnings today as well um Up and down moves market closed it at 890 right now is 915 after hours hit as high as 950 for a second there Let's check out what they do Planet labs is an earth imaging company provides daily satellite data that helps business government researchers and journalists And the physical world and take action. Yo, that sounds pretty cool This reminds me of some of the images from map box When I was playing like earth 2 It's like rice patties well Capture a year apart This is pretty cool I used to use level 2 data when I was day trading, but I don't day trade as much anymore That's really good for like when you're trading like penny stocks Um, but other than that is not as crazy relevant Hey, what's up the john no one two three the john one two three How bad or ugly is nvidia looking for cause we can check it out. I got you What's up? What's up? Let me look at this earnings real quick and then we'll check out some more charts and stuff So planet labs sees q4 sales at 35 to 37 mil as was 40 Guidance is a little bit weak They are guiding higher than this quarter, which was at 31 mil Interesting This is a pretty interesting company. I feel like I got to look into more into what they do Um, see if they make money or not It looks like they're a special acquisition. So might not even be that useful Black blaze also reported as well pretty new company not much data in there Earnings for shares negative 32 cents as was the negative 20 cents sales of 17.3 as opposed to 17 Analysts estimate by 1.7 percent. Hey, what's up red black one two three? How you doing? Welcome to the channel. How do you find stocks for the watch list? Um, a lot of times I I scan through brazilian guy. I look through news and and setups and a lot of things like that So it varies. There's so many ways you can find it. Um, they also have a scanner too that you can go through Um, there's so many different things. All right, let's check out the nvidia and And tesla But before we check that out Let's go over the market outlooks, right? So if you're in this court, we post um We post the market outlooks in the channel in our elite channels And and we talked about it. Usually like every monday So here's what the market outlook for this week was posted this uh this morning around 2 a.m So spy es we just had one the most bullish weeks for spy As it rose 3.8 percent Usually one to two percent average gains, right? So last week we had a 3.8 percent move We're usually seeing one to two percent move, right? And So Over here. I said we I could see us tap 473 which we end up we end up hitting 473 um Like in the morning or something And and chop because so much of the move was made last week So look to take profit and wait for opportunities So this morning if you had a lot of stuff that you swung from last week You were guaranteed to be up really nice You know and that was a good area this morning to take some profit because Things were up so much from last week swings, right? And now we're coming back to thursday's lows So we went from, you know From friday friday close to like really high new highs on monday And then monday close ended up being at the low of thursday So pretty much whatever you swung on thursday would be at the break even if not at a loss right now So that's what I thought on spy. I was expecting a lot of chop Just um just up and down movement until wednesday until we get a clear direction from there the tech sector Last week we covered very well Half of the sector move and the other half were stagnant So what I mean by that is uh last friday on the podcast we talked with the coup and we were talking about how like um How like we saw a lot of the the tech stocks move really well You know, we saw that what do you mean call it? We saw apple was extremely strong non-stop, right? It couldn't could not be stopped. That was a beast of a train Um, and then we saw like what else what else was like a monster training microsoft was a was a was a monster Um, could not be stopped, right? And and then google and facebook were slacking a little bit netflix was slacking a little bit as well So what so that's something that I would be looking for opportunities in the things that didn't move as much Was something that we could have looked for opportunity this morning and facebook kind of showed that Whereas apple had the same thing apple showed that it was a good time to sell off so It's kind of what what are my thoughts on was on qqq And then the financial sector. This is really this is a really interesting one because financial is in the middle of the range here We could either get the small rejection from here and come back down if market gets a little bit bearish Um, or we could break up here if interest rate is really good So I think financial sector you can make a guess either ways and and you have a good chance of being right Um, but I think with the interest rate decision later this week. We should see here are more definite move in that as well Um, the other thing that we see a very definite move right now Uh, so far is the dollar index the dollar index is signaling a possible move to the upside Um, and I think if this remains above 96 dollars the market will most likely go down So let's see how that played out today Let's see Yeah, so we did we made about 96 dollars um, it was somewhat bullish and we did end up seeing some bearishness in the market So that kind of play out, um pretty well in the sense of like the the intraday move for today Uh, but that outlooks for the whole week. So we'll see we'll see how it played out throughout the week I'm gonna catch up on the chat Huh? Yo, what's up ham fam? How you done the options watch this generally post for calls and put price What's the timeline suggested two three weeks? It depends. Um, it depends on what Who is posting it and what they're saying? Or are people going to be watching for an episode seeming great decision great decision Yeah, that dropped to 466 was literally scary This could be the make or break on spy So what was the stocks you guys were talking about looking for ups t tesla and nvidia So let's take a look at for those first. I got you So nvda So nvidia we're looking at on friday if it was possible it could have bounced over here Um, but obviously that didn't happen now. We're looking at a double bottom setup So a setup to this is probably thursday right here. I think is it no Last monday Wow nvidia is back to the last monday's price So this is gonna be an interesting area for here. We're seeing a lot of these moves set up in the market This is um, a classic double bottom setup So we're either gonna, you know bounce from this support right here Or we're gonna go down from this support and go to the next level Which is far the next level is very far away So let's see nvidia Double bottom setup Generally double bottom setups are very bullish So we can see that bounce and we can see some recovery to like 301 or even 309s You can make a bet either way honestly here. Um I could see a possible short-term bounce for tomorrow, but the selling volume has been pretty strong II So watch for that watch for that support area right here This is a 282 or 281 range Oh last week's low was 280s and 48 That's the support 280s and 48 Check out tesla So tesla also setting that up as well Um, we thought last week it could possibly bounce from this trend line It didn't bounce so now it's coming back to another low same setup man Almost the same thing as nvidia Coming back to What is this? December 6th Coming back to December 6th lows man. Holy smokes So December 6th last week was monday, right? December 6th kind of marked the low of the market And that's where tesla is at right now at the low of last week So if it's going to bounce the first target we're looking for is this poc area Point of control at 1050s So if it bounces from here at 960s, it will go to 1050s If it doesn't bounce from here. Oh my gosh You don't even want to know I don't even want to know It doesn't bounce from here next area is like 850s, man It is looking bearish though But you know tesla man tesla is so volatile sometimes it's hard to take a two week outlook on it especially because tesla makes so much move in one week sometimes it can go in either direction So if you're bullish Let's say bullish case scenario, right? Both bullish case scenario in two weeks. I could easily see tesla climb back to the 1100 dollar area You know we will bounce from here and then slow grind up possibly grind it all the way up to 1100s mid 1100s here That's on the bullish side and then bearish side, which I think we're leaning a little bit toward the bearish side So if we're going to the bearish side, I could see us come back down to a 60s That would be a possible another 100 dollar drop. It would be coming back to this point of control over here Where we where we chopped a little bit at there But I don't expect the areas to hold much so we can even go as low as 720s But that's that's crazy talk though. That's crazy talk because if that does happen if we do go down that far That would mean that the stock market will be going back down to this 450 areas again Because there's a good chunk of tesla in s and p 500 And if we if we you know Tesla test the lows s and p 500 was test the lows Hmm I don't know this got me thinking Maybe the s and p 500 will test the lows I mean I was expecting this week to be choppy I wasn't expecting us to to drop that hard but Now that I'm thinking about and looking at it. I I could see the possibility there We are testing 466 I think if we lose 466 we could possibly go Could possibly drop the few levels Keep texting it Spy 370s That'd be ugly man That'd be ugly But I mean I could see us test the lows from here because Because typically we do take like You know a while to to to make that recovery. We are seeing some chop It could be setting up one of these where it was like You know could be like that That's a possible setup If that happens then half the stock in the market we will be looking at a downtrend. Let me see remember AMD Oh It's possible It's possible How are you guys feeling you guys feeling hella bullish or bearish? Oh in terms of ev space though, I do I did like um Loose it for a buying opportunity Instead of tesla more bearish than bullish though Pretty neutral Feel like I'm buying those crypto tips Bows, baby Bearish and then moon city Let's go Oh, man intense cricket is like tesla five hundred dollar win Tesla five hundred dollar win my man says XLU is utilities utility does pretty okay-ish, but inflation does beat it up too as well Um, you know what though, you know what did worry me today. Um, I was looking on the market around 3 p.m and One thing that did worry me was the crypto market so Crypto market You know has been Has been going down pretty hard today. They're down 6.8 percent today um and sometimes they've been Half the times they've been moving on the market Um, except this time crypto market moved down before the stock market moved down, I think so I don't know It's it's like crypto markets is already down to the last week's lows so We're getting we're I don't know we're getting a lot of signals We're getting a lot of things that are at last week's lows While the s and p 500 is not at the last week's lows so I got a feeling I'm starting to see this. Um, I'm starting to see this This trend I'm starting to see the signal that that the market wants the s and p 500 to be at last monday's lows They want them to see December 6 levels December 6 levels bro 455 456 are we gonna see are we gonna see s and p 500 at 456? Find out on friday We will find out somebody cut this I have about 510 less times that I bought early 2020. So I'm in the green no matter what the market does at the moment Unless elan dies Nice, what's your cross average? And you're in the green regardless. What do you what do you go cross average somewhere around the The 70s Ethereum, let's check that out What are we looking at this? Even this looks ugly, man over Damn, I think I'm getting myself fud I'm shaking myself out. I might have to close all my crypto positions Could this all be from j pal? I guess Nice Even the russoes came down pretty hard today weird gld 171 That could be a play for 300% move if it goes to 171 range If we think market is going to chop a little bit more or you think inflation is going to be a huge issue Um go could be a possible play here lumber went up even more huge inflationary pressure coming in What's up, Amy Nah, Amy is the go everybody knows everybody knows if you look up If you look at Amy's name in urban dictionary, you know what you find Says Amy Is the kindest person kindest and most loving person you'll ever meet Amy is one in a million and will always put others before herself and can turn any situation into a happy one She is extremely sexy and has the body of a goddess You guys should head up Amy How's apple ne'er term Um, let's check it out. I do have I did put um apple chart up the other day So this was up while I was looking at apple the other day Um, we're in this uptrend pattern, right and we're seeing Long Amy do we have is there Amy crypto this gotta be an Amy crypto, right? Oh snap there is I knew it This is a sign go long Did you see an impact on apple tesla and amazon with a server hack from friday afternoon The aws hack or Yes launch your own crypto. That's the way Actually, there's a coin that you can launch your own coins called rally coin They um, they do this for a lot of the push streamers and stuff So like if you go on this coin, you can literally launch your own coin It's like it's designed for community to launch their coins play coins You can discover the coins too. Let me see if there's there's uh It's still open. You can still do it still do it So we were looking at apple I see this upward pattern on apple and last friday. I actually thought we were gonna come down But apple was like nah Not yet So they like they came and they made a new all-time highs hit 182 Um, and then they finally gave up some of the gains So setting at the top of the trend line right now could possibly see a move down here Um, or just another fake out. Who knows man But I feel like I feel like the risk of war is better on the downside than betting them to go even higher highs That would be nuts, right? You did get a lot of price upgrades though Is apple stock due to cool off and consolidate again As the stock we see the price target upgrade one jp analysts Um, jp morgan analysts maintain the ovary rating on the stock and raise the price target to $210 Well, let's see Today a new record was placed for the number of puts traded in a single day Everybody's like this seems bullish huge. How do I invest with your funds? That's true if everybody is starting to buy puts and everybody thinks like Things are extremely extremely bullish I mean or bearish that market maker is gonna trap them So if things are signaling to the downside either a It was the money makers buying the puts or b It's a trap Which one is it? chop chop chop Yeah, that's all it's expecting to in the market outlook. I posted that as well I was expecting a lot of chop today So let me check out some of this stuff So if we're looking for a short apple could possibly be an interesting one Um, I think amazon 2 amazon came down pretty hard today Um, I was looking for amazon to come back down to this $33 $3300 range. So we're almost there kind of interesting move So a lot of things are coming back to the december 3rd and december 6th levels Even um, even netflix. So these could be some areas to go along on some of these positions Roku came back down as well mdb ctd I think it's time to set back wait for that double bottom move See where bowin is at Yeah, a lot of things are waiting for the double bottom Financials came down pretty hard today gc prawn DK and G came back down. Um scarce shirtless to call this out the other day Pretty good breakdown. Oh lamb chops I like I like We shall celebrate by getting some lamb chops the sign starbucks No movement Space is pretty beat up. Look at space. It's kind of dead man It's like $14 right now Super beat up Maybe they'll squeeze again someday. Who knows This $14 $15 area has been an area where they like to squeeze So i'm surprised we haven't seen a huge squeeze back up yet to like 30s I love lamb my favorite meat by far yeah lamb is a tricky topic man. It's like You either really love it or you hate it and and like Because sometimes they make it and it's super gamey. It's like It tastes like ass man But sometimes it's really good. It depends on how you're making it depends on like Like it's young or oh, you know It's tricky. It's tricky. Sometimes you like it. Sometimes you don't at least for me This went to Costco and BJ's earlier this morning BJ's is a ghost town Yeah, that's what's great about BJ's though. It's never that like Never that like That packed still ten dollars too expensive. I agree That jumps a fire Oh snap Oh snap. I don't even want to say this word. I remember last time we got into this debate and There was like multiple ways to say it and I realized I was saying it the wrong the whole time I forgot how you even say it correctly anymore But I just know it's not a gyrocopter Let go into that trap again, man. No Some of the travel sectors getting beat up today With the exceptions that davin buster davin buster had a pretty good move A little bit bullish. I can see it moved back to 37s based on that good earnings report and stock buybacks We'd love to see a rejection from that to to come back down here again To the low 30s really Hold up This was the taco stock that we got last year at like five dollars or something. Oh Damn Felt like we played it around here Wow Jack in the box acquisition of bell taco restaurants Make far more sense 1251 a share interesting Wow, imagine you were sitting in some options How much are those options worth? Holy smokes, man Imagine you were sitting in some 12 dollar options last night or 10 dollar options Let me see. Oh, this happened last monday Wow, if you so if you were sitting in like 10 dollar options, right? it would have went from It went from 10 cents To two two dollars and 50 cents. Oh my god, you would be so rich So that means if you bet 10 dollars, you would be 250 Oh, man, it would have been so rich. That's a crazy crazy move Surprised these restaurants are even getting bought out at such times like this at such high valuation too There's a weibo promotion for the holidays Who here doesn't have weibo yet? Let us know and young bo will share you his promo promo code What's your promo code for weibo young bo? Let him know Walmart had a strong move that double bottom move they were talking about Almost finished up that w pattern up here 146 It's already 90% there China's like they're going back down again the douche rejection TSM coming back to trend line Could be a good area to to go long if you're bullish Yeah, microsoft is still going up this week So that's a good question with d-dog. I mean if market is bullish d-dog will easily run up with the With being added to the nasdaq 100s Um, not just d-dog, but lucid and all the other companies I'm personally taking the play in lucid instead of d-dog just because I like the level where it's at. I know they did a share offering that last week But um, I also know that this stock has more more buyers and more more momentum That are like, you know That are supporting it So I feel like that could be a better play for the nasdaq 100 edition Because there's like five six stocks getting added to that. So I feel like this is the This is probably the the way to go But um, probably under here. We'll be back here tomorrow at 4 p at 4 p.m to go over some other earnings I got a little headache. So I'm gonna take a break Take care and have a good night guys