 Okay, folks, welcome to Best Oktrarch for the coming week and I'm really happy to make this video because something that we've wanted to do for a while now is to transition over to a more engaging platform for a forum and we're beta testing it right now. We have a bunch of members that have already signed up for what will replace our existing forum, which is really bare bones at current and we're beta testing slack, which I've never used until yesterday and so far the feedback has been good. I've been playing with this thing all day long and the functionality seems really great. I've been able to post the week ahead commentary in the forum area. It's also posted in the blog area. I sent it out by email last night. I've been able to post charts. I can't do this with my current forum, meaning I could post a link to a chart, but I can't post an image that I can look at and say that's interesting and blow it up. It's like Twitter, so it's really cool and I could post links from Twitter, etc. on here. Members seem to be enjoying it. I'm getting feedback. We have a link here. This is the main channel, stock market observations, slack feedback and we're just building it out and getting feedback from other members who use this constantly for their own businesses. More to come here. Changes are being made. We are raising prices in Q1 of 2021. Please lock in now. Prices do not go up on existing members who joined in 2020. You're in. That never changes. Prices are going up in 2021 and this is a piece of the new functionality that is going to be available now. Join up. Look forward to having you and I would love your feedback on the new channel. What are we going to talk about today? We're going to talk about how our week was. I'll give you a higher level of view of my thoughts on the market and then we're going to talk about stocks we're watching into the new trading week and in particular the cybersecurity plays are looking very good. Crowdsource is our primary. Cyberark is another name you could look at. If you want to diversify a bit, you can simply buy the ETF HACK hack, appropriately named hack. Another symbol that we're looking at is CNST, Constellation Pharmaceuticals, VNM. That's the Vietnamese ETF rocking. I've been talking about that for months. I've been waiting for a major pullback. It just won't come. It just keeps going higher. We're going to talk about that a strategy for entering. And in fact, there's a thread going on in the new members area now about VNM, my price targets. I have a chart where I'll show it in a moment where my alert is set on TrendSpider. Speaking of TrendSpider, I think they're still 55% off effective today. So use the link below. They're having that Black Friday sale, early Black Friday sale. The next startup is going to be TCP Pipeline Partners. And we'll go over all these charts. First, let's talk about, we already covered the new members area, the forum. And now we'll talk about last week. So last week was another week where they kicked off the trading week with another spike, right? Two weeks in a row of coronavirus vaccines, they're coming. 90% pure rate, 94% effective rate. Now fires, it comes back. They're 95. They wore 90. Now they're 90. I mean, there's probably going to be another attempt to spike the market on Monday. I have little doubt about that. The problem is, is that the laws of diminishing returns are occurring here. I mean, you saw a fade, the week prior to last, that's the Pfizer week, last week, this past week was Moderna week. And you saw a fade last week on the markets. And the close was not wonderful on Friday afternoon. So, in looking at the spike higher last week and knowing how the prior week went with that fade, I said, you know what, we're long of ExxonMobil. Energy stocks are doing very well. We've come a long, long way. We sat through the X dividend date. We're going to get paid our Divi 87 cents per share. Let's make some profits real here. We bought all the way down here. And we booked half profits at a very large position that's been halved now, but we're going to get a big fat premium in the mail in the next couple of weeks. So love that. I still like ExxonMobil. I did not like the news of inventory builds last week. That's a concern. I do not like the fact that yields are dropping yet again. That is not good for the cyclicals. Remember why cyclicals rally when yields go up? It's because it's a sign of domestic growth, organic growth. We don't have that. While oil did well last week, I don't know why. For the life of me, I can't tell you why. You saw natural gas prices just get absolutely annihilated. So while oil prices still look as though they're going to head up higher, I'm concerned. So fast forward. We booked profits, half profits, I should say. In the beginning of the week on ExxonMobil, by the end of the week, we had reversed most of those gains, all those gains, and first out, best out. You need to know when the market is getting manipulated, move to the sidelines when necessary, because when you see yields drop, you've got to look to technology. And I'll be honest with you, even technology faded last week. This is the XLK. They should have done well in a declining interest rate environment. They didn't. Take a look at your semis. They close up on the week, but man, they're just barely holding onto support. If they drop down next week, it's all over. So it's going to be a very important week. Seasonality favors stocks this time of year through to December 31st. After that, I don't know, man, we need to be very, very careful going into the new year. We added to short positions last week. We've been hedged. We added more. We got a little bit more aggressive last week. So I'm not ready yet to go all into the short side at current, but I'll tell you, we're keeping a cash horde ready just in case, but we don't want to fight seasonality trends at current. I went over this a bit with members yesterday on the weekend commentary. I'm going to post the podcast tomorrow on YouTube and on Google Play. And was it the other one? iTunes. So if you want to check that out, check it out tomorrow. If you want the full video experience, become a member, 14 days for trial offer. You can't go wrong. Cancel at any time. Fire me. Okay. So those are my thoughts on the market. I'll leave you off with this. Don't forget Sunday Night Futures live tomorrow night, folks. 6pm Eastern Standard Time. Click the notification bell to get notified of when we go live. But if you want to not miss a moment of the show, because it's a pretty good show, use the link below. Enter your email address on any one of the email links. There's one link. If you don't want to get anything in the mail other than an alert, 15 minutes prior it was going live, click that link. If you're already on our email list, if you're a member, don't reenter it because you're going to get multiple emails. You're going to get mad at me. I don't want to spam you. All right. So enter your email address on it. Bob's 5 Most Powerful Candlesticks. If you're already on that list, don't enter it. You're going to get alerted prior to it was going live. Okay. I hate spamming people. It's a thing I have because I hate spam. All right. So, trip queues. This is a weekly chart. Let's go to the daily chart. This is what I really do not like here. We had a bull trap back here and we flashed yet another bull trap last week. We've been in a somewhat of a declining downtrend channel, a consolidation. I don't even want to say downtrend. That's not being fair. And we are short of the triple queues. We have a hedge on our long portfolio using the triple queues as short. We have broken out in the past only to fail to hold support. We did it once. We did it twice, Friday, third time breakout point failure, aka bull trap. So there are warning flags out there in this market that should cause us some concern. So we're going to go into the week believing that in all probability, given seasonality trends, the Santa Claus effect, the Santa Claus rally that all is right with the world. However, we're ready to pull the trigger short at any given moment. So more to come members with alerts. Let's go through our charts that we're watching for the new trading week. First one up is going to be crowd source. I'm just going to go over the weekly charts. I did a deeper dive with members on the weekend commentary. Again, posted in the members area. Okay. So on a weekly timeframe, we broke out last week above resistance. Very, very nice. A W formation higher low on RSI and it appears as though we're going to break out and validate this breakout on price. So crowd source looking very good. If you want to take a look at hack, I haven't taken a look at it yet, but it did pop up on my screener. This would be my first time in a while looking at this chart. All right. So we don't have a breakout here yet per se, but it had a good week last week. You know, if you use the automated trend lines, it's time saver again, link below. What's trying to spider at now? 50% off a 12 month plan today, folks, and it drops off even lower. It ends on the 31st. I think the bottom of their percentage discount has been hit and it looks like it ends in the next couple of days. Then they have a seven day free trial offer. It's also included free with our silver and gold level memberships trend spider free or you don't want my membership. That's fine. That hurts, but just use the link below and get 50% off of trend spider. Great product. All right. So automated trend lines, you pop up your symbol hack. This is how we know. Don't touch it quite yet. Click of a button. Bam. There are your resistance levels above in red. Here's your support level in blue. And you can see above we have a couple of other significant resistance levels that we need to respect. Right now we're kind of in no man's land. We are consolidating nicely here. If you wanted to scratch the edge, I think I'd be fine with opening up a position on hack. It looks good. Crowd source is already broken out. So obviously it's behaving as best of breed. Cyber arc is another one that has been looking good, but crowds strike is looking better. I mean, we're very close to a breakout point, but let's face it, crowd strike already did that. So we want to tip our hat to that stock is being in all probability, the best of breed. And I haven't taken a look at investors.com yet to do my due diligence. That's just an assumption, but I do know that cyber arc is a very good company. I have traded in the past and treated this very well. So CRWD at current appears to be our favorite play. So I spoke about a entry plan for crowd source on the weekend commentary. Go check it out. Next chart up CNST. Now you can see that RSI broke out last week. Again, this is a weekly chart. And if you use the automated trend lines, pop, click up a button, we broke out. So we're looking good here from a long perspective. I think that we are going to head up higher. So constellation pharmaceuticals, very nice members more to come on this trade. And again, for a deeper dive, go over to the members area, check out the daily analysis as well. Vietnam. Okay, I've been pounding the table on Vietnam as long ever since COVID hit. I've been saying that there's going to be a supply chain shift. Not only have I been right. I've been very, very right. So right. In fact, that China is now building a wall between them and Vietnam. So the talent from China can't go into Vietnam and work. So Vietnam I've been waiting for a pullback on. I should have taken advantage of it back here in October. I didn't. I was hoping for a bigger pullback. Unfortunately, it didn't happen. We broke out above significant resistance last week. So now I may have to pay up a little bit here. I do have two alerts set one, you can clearly see here. And two is down here. So when those fire off or if, if the 1551 fires off, we'll look to open up or add to positions at those levels. The US dollar appears poised to break and break hard. I'll be talking about that chart tomorrow night on Sunday Night Futures Live. So join us. I'm going to be talking about gold, the dollar and what we should expect going into 2021. I'm already looking at 2021. The books are closing on 2020. So now it's all about positioning for the January effect. What does well in January? Gold, miners, silver. We'll talk about that tomorrow. 6 p.m. Eastern Standard Time. So Vietnam looking very good. We have a breakout on RSI, higher lows, higher highs. Everything's good here. All is right with the world. For the daily chart analysis, go to the members area. And in the, there's a threat going in the forum, the Slack forum regarding VNM and how we're planning on trading that. So go check that out. TCP and that's the value of the forum. That's what I've always wanted. And I think that with Slack, we're going to get to that level. All right. So TCP pipeline partners. I'm, I like the setup here. I'm concerned about oil prices and the influence that they have on TC pipeline. I don't know the correlation yet. I haven't done my due diligence going from off the top of my head. I'm willing to bet that it's a pretty tight correlation between oil prices and the TCP pipelines of the world. So it's a yielder yields about 8%. This is a master limited partnership. So you may not be able to buy it in a retirement account. So just be forewarned. I guess there's a little bit more risk with these. But last week, speaking of the technicals, we broke out. But very nice breakout. I have a manually driven line drawn line here. You don't even need that really automated trend lines did just fine as well. They picked it up and you take a look at your RSI higher lows. We've broken out on price on RSI looking very good here. So again, I do more of a deep dive on the weekend commentary posted in the members area and in closing folks, please sign up for the 14 day free trial offer. Get Trendspider for free or if you don't want to join up fine, take advantage of a 50% discount, which is better than my normal discount. I do a lot of business with them. Use the link below and join us tomorrow night, 6pm Eastern Standard Time here on YouTube. Enter your email address in any one of the links below and you get notified 15 minutes to a half hour prior to going live. Everybody enjoy the remainder of your weekend and I will hopefully talk to you tomorrow night. Be well