 What's going on everybody it's Stas here and in today's video I'm going to be talking about and sharing with you all the top couple of stocks and ETFs that I'm personally watching and looking to trade Heading into the month of August in 2019 I'm also going to be talking about some that you guys ended up calling out either in the discord group chat or on the YouTube Video from Friday in the comment section. So if you did call out a stock, I appreciate it And I'll get to it in this video if I do see potential in it Typically every Sunday for those of you guys that don't know I'm uploading a video like this sharing with you all my thoughts for the upcoming week And what stocks that I'm personally watching and some that the community is calling out as well So if you're interested in this type of content consider subscribing to the channel join our Strive smart discord group chat and our Strive smart Facebook group all of those are linked down below So you can further be connected with our community and without further ado guys Let's just get right into it very quickly talking about what ended up happening last week the past five days in terms of the S&P 500 which are the 500 largest publicly traded companies in the United States And I personally watched this to kind of gauge the markets, right? And I know a lot of other people obviously do that as well So let's go to the five-day five minute you guys can see we opened up the week last week at about 2975 we ended up Closing that day on a nice little upswing We gapped up the next day and pretty much for the first three days of last week's trading You know, we were gapping up day after day. We gapped up Tuesday gapped up Monday We closed off or rather rather we gapped up on Tuesday gapped up again on Wednesday and had a very strong close We saw a bit of a pullback due to the two very strong days You know the RSI was very overbought We got the healthy pullback and then we saw the strong gap up and then another all-time high at 30 27 This past Friday on the S&P 500 and another technical spot very quickly I might as well mention it right now that I'm noticing that the S&P broke was this resistance at about 30 15 To about 30 20 that break the all-time high That's a very strong bullish move and now I'm looking to see whether or not the S&P is going to pull back and potentially retest this old resistance as a new support and maybe continue from there guys So overall in terms of the S&P, that's what I'm seeing right now the markets in general. They're very very bullish They've been hitting all-time highs and the technicals they're pointing to more green in my personal opinion So let's just get right into the list guys. I have a pretty hefty list Here on my piece of paper of stocks and ETFs that I want to talk about and I don't want this video to be too long So let's get right into it. So the first one is micron guys ticker simple MU and Micron for those of you all that have not been paying attention to it Micron's been on absolute fire guys and I have a pretty funny relationship with micron I was actually down about 30 40 percent on the position a long-term position on micron My average isn't like the mid 50s like 54 55 or something like that And I was down quite a bit to be completely honest with you guys you can see 28 dollars I was down about like 50 percent at this point a little bit less like maybe 45 and now with this huge upswing I'm only down like 10 percent 15 percent on my position, which is awesome and honestly, this has become a tradable stock right now that has a lot of You know margin of profit in my opinion due to how quickly and how aggressive it's been, you know fluctuating upwards and then how aggressive the momentum has been upwards and you guys can see This could be setting up right now for a you know a punch into the $50 level and by that I mean, you know, we see the pullback from 48 70 down to about 47 49 where we closed on Friday And notice how there's been two separate occasions where we've seen similar pullbacks on micron We've seen it pullback for a couple of days not a lot a little brief pullback of maybe a couple percentage points and from that pullback It's kissed the S 50 SMA and launched very aggressively to higher highs and right now I'm watching to see if microns going to do that Maybe it sells off another day or two brings that RSI down a bit And we'll see what it does when it meets the 50 SMA here on the 184 hour chart It could definitely play be a play here if we start to see a support and a potential reversal on that spot And I'm personally watching that heavily right that I think there's a lot of potential in that at this point And if we take a look very quickly, you know on some of these longer term charts here This is the one-year one day you guys can kind of see there is a Resistance from a couple of months ago back in September actually almost a year ago at this point in 2018 There's a resistance at about old resistance at about 47 ish dollars So I wouldn't be surprised if it were to pull back and maybe test that as a support Before launching off of there and at that point if we did pull back maybe another 50 cents That would be a point where it would be right on top of that 180 SMA or rather the 50 SMA at around that say like 4675 maybe like $47 so MU that's what I'm watching the next one on the list is You guys which is a natural gas ETF that goes up whenever natural gas is going up and natural gas guys It has not been going up recently hence the downtrend on You guys and let me just show you very quickly the downtrend right now on natural gas and the brief Honestly the brief Synopsis on what I'm thinking right now for this trade for potentially trading you guys is if natural gas ends up Consolidating and retesting that 50 SMA at some point And I think that's very possible based off of the trend that we're seeing here Notice how this green line on the 20-day one-hour chart. This has been a resistance for Natural gas and notice how every time we've pushed to a lower low We've consolidated a bit and every time the R side has gotten very oversold We've consolidated a bit and we've recovered Testing the 50 SMA and then getting dumped down again So at this point we may recover a bit and if you see it getting into the 220s again That's a very good recovery in my opinion a very good sign of recovery rather in my opinion And we may be going back up to test that 50 SMA and at that point You know that little breather that natural gas might get to the upside because it's been getting hammered That could be a point in time where we hop into you guys because again It goes up whenever natural gas is going up so we can see up to the 50 SMA There's about a six seven percent Margin on the on you guys right there guys and of course the beautiful thing about inverse ETFs you guys is an inverse ETF By the way, it's inverse is D gas is if let's say we profit on the upside here Or we miss the move pre-market and you see it's getting rejected You know you could end up getting into D gas to profit on the rejection and the continuation of the downtrend if that ends up happening and That's really it at this point for you guys right at this point It may see a bounce because it's oversold and just honestly needs that recovery So that's what I'm watching there Amazon is another one that's been requested and honestly I'm watching this one as well Of course, I'm watching a lot of these tech stocks and Amazon. I think yeah, they did report earnings the other day I didn't really dive into too much research on their earnings. I don't even own Amazon The truth is I've never owned Amazon in any of my stock accounts fun fact of the day But if we look down here to see what their earnings were because honestly, there's been a lot of earnings I forget what did what but anyway, you know if we can't find that it's no big deal at this point But anyway, you know if you guys know Amazon's earnings drop them down below in the comment section But just judging off a technical base at this point, you know Amazon's not looking too good We can see ever since we hit 2035 that was of resistance close to the all-time high at about 2050 We got rejected there and you can see the descending pattern that Amazon's been on on this hourly chart You can see it's clearly been making lower lows lower highs this earnings I'm guessing it wasn't too great because the stock dropped heavily pushing us to a lower low continuing this downwards pattern And at this point, we're also seeing a bearish cross the 50 sma is crossing below the 180 sma The moving averages are acting as you know resistance points Maybe a trade we could uh play here is similar to a u-gas trade The u-gas trade that I just talked about maybe this one pops up to the 50 sma maybe to 1975 Which would give it let's see how much profit that would give it potentially maybe two to three percent That could definitely happen and if we look over here to the 180 very quickly guys We're at a pretty critical spot on top of the 180 sma here So if we actually hold this and hold in 1915, which it seems like we did guys We can solidate it on top of that level. Um, this is a support as well You know, we may be running back up here if we do hold that and a critical break in my opinion Is going to be once we break this general trend, you know, if we pop out What that's going to do is that's going to solidify the bounce on the 180 sma and a breakout of the resistance down trend That we're seeing here and that might lead us to all-time highs again in amazon So that's what i'm watching there another hot stock Another stock that's been on a lot of people's radar has been roku Roku has been one that's gone from 26 dollars per share all the way up to 113 dollars per share And if you ask me guys, that's insane because that's only happened since the month of December in 2018 that's literally like seven eight months ago. That's insane That's like a five x almost in roku stock and at this point they have earnings coming up on the 7th of august That's about a week 10 days from the time that i'm recording this video And i don't know how their earnings are going to fluctuate the stock and quite frankly nobody knows how their earnings Are going to fluctuate the stock and if it does end up, you know reporting bad earnings This one may be running down to test the 180 sma if there is a sell-off there again Sometimes companies report bad earnings and the stock doesn't bud. You really just depends on the particular scenario It's that there's no rulebook to how stocks react to earnings Which is why I like waiting until after earnings, right? I like to see how the sentiment is a bit after earnings how investors and traders react to the stock That gives me some better insight. I don't like going blindly in it before earnings But that's just me right you can do your own thing if you like trading earnings plays go for it Right, but for me, that's a bit risky and a bit out of my risk tolerance But hey at this point roku You know, we're in this little downwards trending channel from what i'm seeing here, right? Take a look at that. You can see we're trading in this particular channel right now based You know pretty much based from the 16th of july, which was about 12 days ago. We hit 113 We bottomed out we bottomed out here 106. We bottomed out 103 lower low We're popping we're seeing our resistance now at about 110, which is a lower high So at this point, we may be dumping we may be going to 103 and from there if we hold We may pop up and continue this channel. That's kind of what i'm seeing here But ideally guys take a look at what i'm about to show you all Ideally, I want this to happen here. I want to get rejected come back Come back test maybe 103 and test the 180 sma and from here I think this could be a breakout if you know, it's you know, I don't know about Earnings might fluctuate that honestly guys, but if there was you know, if this ended up happening after earnings We pulled down and if earnings were positive, you know, this could be a breakout point If we bounce on the support of this channel and the 180 sma here We can really break out and especially if we break above the resistance So i'm kind of watching that maybe set up here that might be a setup As you guys can see you can see it even clearer here on the smaller time frame charts And let's get into a call out here that one of the subscribers of the youtube channel Ended up making and that is ticker symbol z y z i is that not Or z y x i z y x i that's the ticker symbol I've honestly never even heard of this stock to be completely honest But we take requests to cover on these videos and here is a stock So this one i'm seeing went from 250 up to about $12 so that's a very very nice multiply multiple right there You know it got multiplied about three about four or five ish times and that's a pretty good return Now we're starting to see a peak $12 a drop to eight a recovery to about 960 lower high rejection Lower low we're holding that 180 sma which does give it some sign of life But one thing i'm seeing here guys is we're still trending below the 50 sma And this could potentially be a point where we get rejected break the 180 sma and you know Maybe run down at this point and just judging off the movement of this stock you can see I could just tell This is more it used to be a penny stock now. It's running up This is one of those stocks that's very very volatile right and my guess just just judging off the past here How the stocks reacted to earnings? I'm thinking that this earnings report Coming up on the 31st again This is pure speculation just from how the stock's been reacting But I think this earnings report's going to fluctuate the stock heavily whether it's positive or negative And if it's positive guys and we break out of this little Downwards trend we break out of the 50 sma here That could be a big breakout and this stock can offer a lot of potential up to previous highs Maybe of 30 to 31 percent right up to 11 90 12 ish dollars, but let's say the earnings are negative We break the 180 sma. That's a very technical bad technical break there very negative We may be going back down to let's say 565 that's a level i'd be watching Maybe you know maybe like seven dollars flat that could be the next level So just keep an eye on that 180 sma. That's what I have to say about this one Honestly, that's what it comes down to and if we pop that could be a very good play there with a high High return, but in my opinion this one does seem a bit more risky just judging off how the stock's been performing recently So walmart is another one guys walmart here is one that doesn't offer a lot of potential But it does offer some and this is another one that did report earnings or is reporting earnings in about two weeks here So you may have time here to hop in and out before earnings if you don't like trading earnings either But I don't know about for me. I think there's some other opportunities out there like i'm personally in unh This is not one that i'm talking about today But this is definitely one that I see a lot of potential in here of about 7 percent right We're holding the 180 sma. We're popping, but if we go back to walmart, you know I see a lot more potential for falling um in walmart stock to be honest right We ended up holding 111 10 which is good You know, I say if we break that we'll definitely be testing the 180 sma here at 109 That's what i'm watching and if you see walmart right now guys upwards to 115 It offers about 2 but if we get rejected by this 50 sma and we break 110 You know down to that 180 sma There's about a 4 potential for it to drop from where we are now to there So in my opinion, there's a bit more risk than there is with reward right now with walmart, especially heading into the earnings report But again, you know if we actually pull down this would be ideal in my opinion as an entry Let's say we pull down we hold this I rather that happen because from there we might have a 5 6 potential You know upwards to you know the previous high here at about 115 to 116 dollars So that's kind of what i'm watching with walmart. The next one is another call out a tv i at v Activision blizzard is this one and this is one that i've honestly just not been watching recently I watched it and traded it a bunch in the past as you guys can see my previous analysis But over the past month month and a half my eyes have been off at v and at this point I still want to see it break above $50 and hold that level for me that is what it needs to do right now If we're just going to clear, you know this whole drawing set very quickly you guys can see at v It's been struggling to get above $50 and to hold above $50 So for me, this is a textbook like horizontal pattern at this point that at v's in right Very clear support at around $40 very clear resistance at $50 for me. I need to see it break 50 It's almost there It's at a spot of resistance that it hasn't broken above in months at this point right it broke above it a couple of times Very briefly, but it's failed to hold that level You know at this point I need to see a pop and hopefully earnings are good and hopefully earnings are what get us Above this $50 level and at that point if we hold it You know There's a lot of room to run because you guys know at v has been crushed a lot of the video game stocks Have been crushed if we go to the one-year chart you can see the stock this stock was $84 a couple of months ago guys That's crazy. So from 50 the next spot We can go to is 52 and from there you guys can see how much margin is available, right? This could be a long-term swing even you can see $62 $63 is the next resistance and from 50 up to 62 guys you can do the math That's like a 10 15% profit margin at least there's a ton of potential here in at v I'm looking at this honestly as a long-term swing trade if we do get some positive news and a positive earnings report I definitely think this could be a good trade here So the last one I want to talk about today is one that is at a pretty interesting spot right now Where it could break out and that is ticker symbol l o w Lowes companies you guys can see lows at this point. We are pulling back from the high at about 108 We're pulling down to about 102. We've tested that as a higher or low That's opened about a six percent margin of profit It seems like we're consolidating and finally looking to break out and break upwards with only one barrier left in the way Which is the 50s and may at this point So if we break that in my opinion and the target buy at this point is at around 105 for initial Initial position 105, you know, if we break up to that level, I think there's a ton of potential in lows Upwards to 108. That's a clear resistance, right? We can clearly see that here. Let me show you all You know 108 And if we break 108 we may be going to 111 12 and of course the high here you can see Is 118 dollars. So at this point lows, they're reporting earnings as well And notice how a lot of these companies are reporting earnings guys We are in earning season right now and they're reporting on the 21st That's about three weeks away So you probably do have time to hop in and out again if you don't like trading before earnings But that's it really guys, you know, if we pop we could fill up from one 104 50 up to 108. That's about a four percent margin. I really do like that So that's it for this video guys I really hope you enjoyed it If you did feel free to go down below and hit that like button consider subscribing if you want to see further Content for me and let me know down below in the comment section. What are your thoughts on these stocks? What are your thoughts on the stock market itself right now? Are we going to continue hitting all time highs? Are we going to see a correction? I would love to know what you guys think So I'll catch you all in the next video. Thanks again for watching. Peace out