 What is up everybody it's Stas here and in this 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 did today in the markets As well as some stocks and ETFs that I'm watching and looking to trade right now in the month of November in 2019 and yes guys we have some things to talk about regarding you guys as you read in the title because It's seeing an insane rally right now heading into the close of the market here in eight minutes that I want to talk about because of the Report is tomorrow. I want to share with you all what are my thoughts in terms of this massive spike heading into the report? So stay tuned for that here in a couple of minutes as well as Disney guys Disney is another stock that is killing it right now It's up multiple percentage points on some very good news that we'll talk about here in a couple of minutes But before we do get into the video all I ask from you is if you enjoy the content find value in the content Just go down below and hit that like button guys very simple turn that like Button blue turn it blue consider subscribing if you want to see further content for me and feel free to join our StriveSmart discord group chat and our StriveSmart Facebook group 100% free of charge linked down below. So let's get into the S&P very quickly without wasting any time It's up well now. It's down 9 cents guys. It was up 3 cents now. It's down 19 cents It's really not doing much in terms of the overall price So let's dig in a little bit more here into the hourly chart to see what I'm kind of seeing here So we hit an all-time high yesterday 3102 we already talked about that in yesterday's video and now it seems like the fact that You know, we did not hit another all-time high and we're kind of struggling under this level of 3100 it seems like we could further pull down here in the S&P This is not looking very good in my personal opinion But the fact that it seems like we're going to hold the 50 SMA Heading into the close here in five minutes. That's actually a pretty good sign So, you know, we're kind of in a spot here where we just honestly need to let it wiggle out So tomorrow's action is going to tell us a lot whether or not, you know We're going to see higher higher levels or we might you know, potentially see lower levels and you guys can probably guess You know, if we break this resistance tomorrow, which at this point is around 3096 Which was that all-time high from the 7th of November, you know, if we break that level and ultimately break 3102 Obviously the uptrend will be continuing. We're hitting higher highs You know, we're going to be at all-time highs at that point But let's say on the flip side, you know, we we break this 50 SMA. Where are we going to go next? You know, maybe down to about 3082, which was an old resistance back from the 4th of November That's where I'd see the next support being and I'd watch the S&P to hold that level Let's say we break that level. We may be going down to 3068 Which would put us right on top of that 180 SMA here on the 10-day 30-minute chart So I think that's a level definitely worth watching if we see more downside Now going out a bit to the 4-hour chart. Let's zoom in a bit. You know, that would put us right here So that kind of makes sense. So if we were to break that level guys now We're getting into a bigger correction here of about, you know, 2% probably up around 2% I'd definitely look for a hold on top of 3045 putting us on top of that 50 SMA on this 4-hour chart So as of now guys, not much movement Just wait and see what it does tomorrow in terms of picking that direction Whether it's up or down and the Nasdaq and the Dow, they're probably going to be very similar Right, so let's just take a look at this and dig in actually Not too similar because the Dow's actually up 100 points right now Up 0.36% while the S&P was flat So let's actually see what the Dow is doing and honestly It's looking a lot more bullish than the S&P for this main reason that, you know, we broke above 27,750 which was that resistance from yesterday and a couple of days ago And quite frankly we hit that all-time high today guys 27,806 bucks before diving aggressively And now rebounding into the close here in about 2-3 minutes Which is a very bullish sign, the fact that we are closing like this Right, because on a daily, you know, a daily basis here in terms of the 1-day-1-minute You know, this level we bottomed out at is actually a higher or low So technically we actually closed very strong in terms of the Dow So the bulls are definitely in control here on the Dow Jones at least And on the hourly chart, the pull-down we saw this morning Actually held a higher or low on that 50 S&P And again, we broke that all-time high So this is looking very bullish from multiple different time frames that I'm seeing here On the Dow Jones So that's pretty much it, right? You know, if we pull down, I don't know if we'll get a pull down Tomorrow, maybe the next day Either way, at this point, I would look to see if it holds 27, 750 as the support, you know, if we do pull down Because that's an old resistance If we break that level on a closer basis here We may be going down to, let's say, 27,500 You know, 27,350, 27,400 Those are some levels that I could see the Dow pulling down to If we see a larger correction of more than 1-2% here in the Dow Jones So the NASDAQ right now, guys, down about 9 points Down about 0.11% on the hourly chart here It seems like we did pull down at a higher or low And we tested the 180 S&P at a higher or low And now we're starting to confirm the continuation of the uptrend Which is good We haven't really fully hit that high or high quite yet Because, quite frankly, we are struggling a bit here On the 5-day-5 minute, you'll be able to see it Ever since we hit the all-time high yesterday, we pulled down We're holding that high or low like we saw But we haven't fully, you know, extended to an all-time high again So it's still in that phase where we need to give it some wiggle room So tomorrow, just keep an eye for that If these markets push green, tech stocks do well Maybe watch for a move like this, as indicated by the arrow You know, if we do end up pulling down on the NASDAQ Watch for a potential retest on that 180 S&P And maybe we hold that and pop again Or we break below it, which would trigger a lot more selling, in my opinion You know, these are some things to watch out for as the market plays out So that's the market update portion of today's video, guys Now drop a comment, let me know what are your thoughts on the market Are we going higher from here? Are you buying stocks, selling options? Let me know what you're doing, what your strategies are If you want to share down below in the comment section So what did I end up doing today, guys, in terms of trading? And this is actually going to segue quickly into the you guys in Disney portion of this video I traded Disney today, guys, believe it or not, right? And Disney has seen a performance today that we haven't seen since The news came out a couple months ago about Disney Plus And that's actually the last time that we've seen Disney fly this much in a day Right now it's up $10, guys Market literally just closed, it's up $10.09 here Up 7% This is absolutely insane, guys So what I ended up doing, and you guys know if you've been watching my videos That I've been actually following Disney very closely these past couple of days So what I ended up doing is I actually set a limit order at about $140 on Disney stock I set a limit order at about $140 and I actually was out for the day, right? I didn't even know that this catalyst that we ended up getting was going to happen But I kind of had an idea that Disney, like I've mentioned in actually previous videos Weeks ago, I kind of had an idea that they were going to give out an initial Number when their Disney Plus service was going to launch, right? I had a thought that yeah, they're probably going to be like, you know This many people signed up or whatever, right? Some type of metric that is going to potentially push hype into, you know, investors, traders And just the community in general, right? And that's exactly what ended up happening, right? And that's not the reason why I entered the stock Quite frankly, you know, I saw a lot of potential in the stock You know, even after their earnings here because they beat on, I believe EPS They didn't really do well in terms of revenue, but EPS they beat, right? So I kind of wanted to build a position regardless because of the massive push here And of course at this point, you know, I knew Disney Plus was coming That's like that's probably the secondary reason that I wanted to get in But you know, a lot of good stuff was happening here So I set that limit order at $140 because we dropped from $142 after earnings You know, down to about $136 yesterday's action And honestly, the day before that, we were looking bullish Because the 50 SMA was being held on this hourly chart Today we pulled down a bit And at this point again, I was like, why not? I'll set a limit order $140 target sell at $142 That would give me a nice little, you know, probably around 1-2% profit Whatever it may be, right? And you guys can see that luckily I actually didn't even set a limit sell there This stock ended up flying on the catalyst that we got today And let me pull up my phone very quickly and let's talk about this So Disney Plus launch, the launch was yesterday, right? Tuesday, I'm recording this video on Wednesday Which is one day after the launch So they got 10 million signups since launching yesterday But the thing is, we don't know how many of these signups were from the free trials So it seems like the market doesn't really care about the free trials portion Right now, they're just running on the initial hype of that 10 million number Being pretty impressive, right, in my personal opinion So one thing that we also got from Disney is Now that they kind of gave that initial number They're not going to give any more insight in terms of metrics Regarding Disney Plus until their next earnings report Which at this point, it's probably going to be around 2 Obviously about 2-2.5 months from now So Disney executives, another interesting stat that I read online guys They expect Disney Plus to reach 60 to about 90 million global subscribers by 2024 So these are some interesting metrics And kind of why, well really the reason why Disney flew up today Was because of that 10 million number that we got And honestly guys, this trade was insane for me So I got in at 140 again I did not set a limit sell there But once I saw it flying like this You know, I ended up just locking in the profits To be honest, right at about, I think it was like 143.70 or something like that If I let it go, honestly I should have let it go on this news But being myself, the conservative guy that I am And a lot of people know me as that I ended up taking the profits again at about 143 Like 70 or something like that So from 140 And mind you guys, this position wasn't that big Because I didn't expect it to go this quick So I was looking to scale in Then all of a sudden again it took off So I took the profits again on a smaller position Of about 2.5% So still on the day, that's very good for me And I'm happy with it You all know that other trades that I'm involved with right now are McDonald's You know, Facebook And these are all stocks I'm holding as a swing Chipotle is another one that I'm involved with And I know there's another one that I'm missing PayPal, PayPal So there's a couple that I'm in right now Quite honestly a lot in terms of swings But day trades, that's all I ended up doing today So let's just get into now A couple of other stocks and ETFs that I'm watching Including the number one one that you guys probably want me to talk about Being UGAS guys, ticker symbol U-G-A-Z And UGAS, D-GAS, these are the talk of the town Especially around the Wednesday, Thursday, Friday time period in the week Because that is when they're typically the most volatile Because that is when the natural gas report comes out Right, Thursday, 10.30am Eastern Standard Like I mentioned in the beginning Of this video So today We saw this insane rally in natural gas And U-GAS, right You can see it on the daily chart Where U-GAS went from 14.50 up to about 16.05 at the close of the market Which was a move of around 10 to 11% In the matter of an hour, two hours rather Two hours and 15 minutes guys Two hours, 15 minutes This thing moved nearly 11% And what's that telling me, I'll be honest That's kind of telling me that a lot of buyers are coming in Volumes coming in here before the report So one thing that could be honestly telling us Is that people think this report could potentially favor U-GAS Right, that's one thing that I'm thinking from this massive surge here And if we go to natural gas You know, we can see the ridiculous breakout that we got on the one day one minute Right, from 257 up to about 267 In the matter of that same two hour and 15 minute time period And this just goes to show guys how volatile And how quickly these can move And really how quickly the swings are in U-GAS and the D-GAS Right, and if we pull up D-GAS I'm sure you can imagine This thing dumped from 119 down to about 107 And it's still in a downtrend based on this one day one minute chart So kind of what am I looking at right now, right? We got this bullish move Natural gas is flying U-GAS is flying Again, my opinion is kind of like People might be putting in their money here Volumes kicking up before this report Hinting that this report may favor U-GAS This may favor the natural gas bulls At this point, what do I want to see to kind of confirm that further I need to see an additional, believe it or not An additional gap up in U-GAS tomorrow morning Heading into the report I kind of think that's important We're getting the breakout on pretty much every time frame Five day five minute One that we're actually not getting the breakout on Is this hourly chart But if we get that gap up I'm talking about That's going to be putting us Whether it's in the mid-16s Whatever it may be Right, 1630, 40, 50, 60 Whatever it may be That's going to be putting us above that 50 SMA Which is giving us a pretty nice breakout potential Especially heading into that report And if that report is in favor of natural gas Going up and U-GAS at the end of the day Right, so you know I think a gap up here would be very, very positive Heading into the report And what do we want to see out of the report guys You know, we want to see a withdrawal of natural gas At the end of the day You know, it's getting cold in the Midwest The Northeast here where I am in New Jersey It's been snowing, which is insane, right It snowed a little bit yesterday It's freezing today I know a bunch of people Chicago, Midwest area It's crazy right now And it's going to get worse over the next couple of weeks We all know that at this point, right So we want to see that demand tick up We want to see withdrawals And we want to see that price of U-GAS End up, or natural gas rather End up pushing up, right So this, the way it closed today guys It was a really good move For the bulls in my opinion Really, really good move Heading into the report And you know, if we get that gap up tomorrow guys I think that's going to be extremely positive as well And ultimately, if the report is in U-GAS' favor Don't be surprised if U-GAS is back up to $18 You know, $17.50 Maybe even $19 by the end of the week That's how crazy this thing moves And honestly, I wouldn't be surprised If that ended up happening But again, on the flip side You have to look at both sides of the coin You know, if the report is in favor of D-GAS U-GAS can easily be dumping right back down D-GAS would be going back up And we'll obviously be playing the inverse Which would be D-GAS at that point in time So let's get into some other stocks and ETFs And by the way, let me know your opinions on that Down below in the comment section But let's hop into some other ones here That I do want to talk about You know, very, very quickly Netflix stocks So we saw Netflix stock Actually tank today as a lot of you guys Probably would expect, right Because Disney Plus, the $10 million number Despite Netflix having 158 global subscribers 158 million global subscribers right now That $10 million number in one day That's kind of, I'm not saying it's a massive threat But that's kind of a number where you're like Wow, maybe in a couple years They're going to be very close to us type of number, right? So, you know, they ended up seeing some pressure to the downside You know, down about $9, down about 3% And to be quite honest with you all I got some requests about Netflix There's no way I would invest in Netflix right now I think, you know, it's going to be Quite a risky investment Now that a lot of players are coming in You know, Apple, obviously Disney Plus Right, a bunch of these players coming in And eating market share Although it's going to take time for them To really catch up to Netflix It's really still not a place where I find The best use of my money in terms of a long-term investment But as a trade right now, like a swing trade I'm seeing this as a potential breakout You know, we saw a massive sell-off in Netflix Down from $380 down to about $252 Seems like we bottomed off there And since that moment in time We've been really just uptrending And reversing to the upside, right? We found the next bottom higher or low At about $265 You know, we broke above the $180 The $50 SMA We actually failed to go back up to $317 Which isn't that great of a sign But still on a technical basis We're still right now at a higher or low at $283 So me personally I definitely wanted to see it hold the $180 SMA On the 4-hour chart And ideally this trend line that I just drew At a higher or low If that does end up happening, guys This could be a dip buy for Netflix But again, there's risks right now With Disney Plus Who knows? Netflix stock You know, although it looks decent Technically here You know that it's breaking up Netflix stock could still crash Maybe another 3% tomorrow Just simply on the hype of Disney Plus And just because Disney Plus quite honestly Is a very big competitor to Netflix Right now and over the next couple of years So that's kind of my thought process right now On Netflix, right? And quite honestly, Disney too Chipotle is another one that I'm watching a lot right now And I'm currently in We talked about this in yesterday's video We know we held 720 old resistance As a new support That's very attractive, right? 730, we held that point as well And now it seems like we are reversing To the upside, right? And if we go to that 3-year chart I believe you can see it We're holding the 50 SMA on the 3-year chart On the 1-year 1-day chart We're holding that 180 SMA So a lot of the chart time frames Are telling me that this is a really Really, it's a high possibility That this is the bottom for Chipotle and Mexican Grill Right? At least for the time being And if we're going back to a smaller chart We're seeing a full-on breakout Of the 50 SMA here on the hourly chart Which is a good sign And now we're looking to test that 180 SMA Which is where I want to build my bulk position Once we break out of that If we break out of that, right? So right now, I'm in I forget the price I believe about 750 I'm pretty even on my position right now But again, I look on adding more money At about 780, 790, 800 And heavily at about 805, 810 Right? And then probably I'd start trimming profits at 835 And of course, 860 So that's kind of what I'm looking at right now For CMG Pretty nice dip But we just need to see Further breakouts above those moving Above those moving averages On a lot of these different time frames Right? So two more Before I end off the video today, guys Rapid Fire B.A. Boeing.com Or not Boeing.com I don't know why it says COM Boeing Co-Com Boeing Co-Com ticker symbol B.A. This is a stock that Kind of found a bottom at about 330 We held that level back in May We held that level back In the beginning of June We double bottom there back in August And now right before their earnings I believe we held that level as well On the 21st of October And since then We've been climbing up Right? We've broken above the 50 SMA We actually are trying to break above That 180 SMA right now And ultimately I think If we break above 370 This could be a potential breakout on I was about to say PayPal On Boeing That can get us back up to 390 Maybe even back up to 400 bucks And you guys see here I have alerts To be honest These are probably old alerts Well, this one at least Let me lower this one Down to about 375 I kind of want to get alerted At about 376 If we do get that break of the resistance I might put a limit order To buy some Boeing there As again, I would see potential From there up to about 390 As the stock is trying to turn around After all the mayhem That's been going on with the company Involving its jet And I'm sure a lot of you guys already know about that Not getting into that in this video But this company has been through a lot Over the past couple of months And yeah The last one is going to be Tesla Which like I mentioned A couple weeks ago in a video With the thumbnail Tesla to 250 Tesla got to 350 Tesla Excuse me guys Got to 350 today guys Which was insane If we go to the 4-hour chart You can see You know After that earnings report The profit we got 250 From 250 up to 320 Pulled down a bit People here were nervous Including myself That this thing was going to pull down But ultimately we got that pop And that break above 320 Which kind of gave me the confirmation And really the technical break That hey We may be going to 340-350 on this thing And I think that's when I actually made that video And from there You know we gapped up to 340 Broke 340 Broke 350 Now ultimately guys We're at 360 In terms of the resistance Right We hit that 356 high today And we saw a bit of a retracement Which is a good sign So what I'm looking for in Tesla here is Are we going to hold this 50SMA If we break it We may be going down to 340 To retest that If we hold 340 Watch for the break back up To the high 340s 350, 356 And even higher Right So if we're going to that 3-year chart We can see now we're getting the levels In Tesla stock That we haven't been at Over the past couple of years Quite honestly So 350, 360 is critical If we break 360 guys You know This thing could be going straight up To 380 Maybe even all time highs Which would be insane in Tesla stock So this one's Ridiculously bullish Probably the hottest stock Along with Apple Because I know I said yesterday Apple's the hottest stock in the stock market Tesla has some Something to say about that Apple So Apple Tesla Probably the two hottest in the markets right now And yeah It's pretty much it for this video Without dragging it too long If you enjoyed the video Feel free to go down below Hit that like button Consider subscribing If you do want to see further content for me And if you want to be a part of the Straftsmart community That's linked down below The Discord, the Facebook As well as the merch If you do want to rep Some 6 sweatshirts and t-shirts That is linked down below In the description I'll catch you all in the next video Thanks for everybody Sticking to the end If you did You are awesome Peace out