 What is going on everybody, it's Stas here. Welcome back to another video. So in this video, we're going to be doing an overall market update, what happened to the Dow Jones, the S&P 500 and the Nasdaq. We're going to talk about two trades, actually three trades that I personally made today, two of them being me selling shares that I held from Friday and one being a quick little day trade in one of these high flying stocks that we saw today. And we're also going to look at some other stocks and ETFs that I personally think have value and good potential for the rest of this week. So for those of you guys that are new to my channel, my name is Stas and I make videos dealing with swing trading, day trading, long-term investing and my personal philosophies and strategies when it comes down to investing and trading in the stock market. So for those of you guys want to learn more about that, feel free to drop a like, leave a comment and subscribe and follow me on Instagram as well as on Twitter and join our Discord group chat as well as our Facebook group. All of those are linked down below in the description box. And if you guys want to be in contact with me and our entire group, join that Discord group chat guys. We have about 310 members in that Discord group chat talking on a day-to-day basis about stocks, trading, investing, news, strategies and just networking with each other to push each other to the highest limit possible to become the best traders and investors possible. And again, all of those are linked down below, the Discord is down below in the links in the description box and join that if you guys want to. So what happened today in the overall stock market? Well, we saw the futures were up 500 points for the Dow Jones. I believe the S&P was up $50 and I believe the NASDAQ was up about $160 to $170, pretty much pre-market hours. And this is mostly due, pretty much all due to the trade war, the tariffs being halted for 90 days. And for those of you guys that are not familiar with what happened, pretty much Trump met with the President of China in Argentina at the G20 summit and they came to a resolution, well, not really a resolution, they came to an agreement to halt the tariffs and keep them at 10% for the next 90 days. And for those of you guys that don't know, Trump was pretty much saying he wanted to take the tariffs to 25% and this is pretty much a negotiation tactic in my personal opinion for Donald Trump and this whole tariffs situation. So the market today reacted very positively to this news of the tariffs being halted for the next 90 days and them staying at the 10% rate that they are at right now. So let's just take a look at the technicals here, guys. So in terms of the Dow Jones, guys, you know, the Dow Jones is holding above, it broke above and now it's holding above this 180-day simple moving average on this 180-day chart. And for those of you guys that have been watching my videos for the past couple of days, you know, we were talking about how it was holding above the 50 simple moving average, pretty much it consolidated there, it bounced there, right? And now we saw the huge push-up, 500-point push-up, pre-market hours, the futures were up 500 points, which ended up shooting it all the way up here to, you know, the point where it was above the 180-day simple moving average. And at that point, guys, you know, the Dow Jones is really overbought, it was overextended here and we saw a little pullback. Honestly, we closed the day up about 1.13% up nearly 300 points. But, you know, for the latter half of the day, we can see that we were pretty much falling, right? We opened up here and then from this top point here, you know, we were up 500 points, you know, we sold off pretty heavily, not really heavily, but there was a decent sell-off from this point, you know, to the rest of the day. But we do notice that, you know, in terms of the technicals on this one-day, one-minute chart, we did end up closing on a very positive note, making higher highs and making higher lows. Because we notice here, we opened up nearly at 26,000, we sold off lower high, sold off lower high. We found a low here at about 25, 675 roughly, right? And then we pushed up, pulled back, held a higher low from the previous, pushed up higher high. And, you know, that's pretty, pretty, you know, pretty good sign that we're reversing in terms of these technicals heading into the close of the market. So Dow Jones guys looking very good, holding above this 180 simple moving average. And we're closing off on a higher high, higher low pattern in terms of the one-day, one-minute chart, which could fend very well for tomorrow. It could play out very well for tomorrow, you know, but we do always have to keep an eye what's happening pre-market hours before we do, you know, decide what we're going to be trading for the day. But in terms of the Dow Jones, looking very, very solid. So SPX, let's see what's going on here, guys. So the S&P's actually at a very interesting place right now. We're up $30, up 1%, pretty, pretty solid day. This one, just like the Dow Jones guys that opened up higher, ended up selling off, you know, heading into the end of the session. But what do we notice here? We notice that we're at a resistance point at the 180-day simple moving average, right around $27.90, right around $2,800. And I was talking about this in yesterday's video and the previous video before that, that the S&P is going to have a resistance at this 180-SMA indicator first with the next one being at about $28.20. And that's exactly what's ending up happening. It's pretty much happening right now, right before our eyes. We can just see it here, guys. It's happening. So what we're going to want to see in terms of the S&P for it to get out of this, you know, downtrending channel, well, pretty much it's slowly getting out of that downtrending channel. But what we want to see to fully confirm it, well, we want to see a break out of this resistance point and that 180-day SMA resistance. So a break out of here and ideally a break above about $28.20, I think is going to be a very, very good sign for the S&P 500. And, you know, it's playing in this horizontal pattern that we've been talking about over the past couple of weeks, you know, the Dow Jones actually broke out of that horizontal pattern. Well, it's almost about to break out of that horizontal pattern. And, you know, they're both holding in that range between about, you know, $24,500 for the Dow Jones up to about $26,000. And the S&P, you know, right around $26.50 up to about $2,800. So until we see a break out of that upwards resistance, guys, this one is still trading in the horizontal pattern. Same thing with the Dow Jones. So let's take a look at the NASDAQ very quickly, solid day today for the NASDAQ. We were able to break out of that 180 SMA resistance. We were holding above it in the past couple of trading sessions. But now we've officially popped up above it, which has been a resistance in the past here, here, here, as well as here. So this is a very good sign that the NASDAQ is slowly reversing, getting out of this downward trending channel. So in terms of the NASDAQ, guys, this is the future. It's currently up $105, up about 1.5%. But let's just take a look at what it did during the session today, on the 3rd of December. So we pretty much started out today. Today, let's see. Let's see where we started out today, guys. We started out today 9.30. Let's see where we are at about 9.30. So about 9.30, we opened up the market. This was actually trending up, and then we sold off from about 71.40 all the way down to about 70.40. So from the peak, we sold to about 70.40 at the close of the market. So we did lose about 100 points, but we were still up about $105 from the close of the previous session on Friday, which again, very, very solid day for the NASDAQ. So let's talk about what trades I personally made today. Very quickly, one was in HSY. For those of you guys that don't know, I was swing trading Hershey, the Hershey company from Friday. I was in at about $108, I believe, in like $0.10. And I ended up just selling my position this morning for about close to a 1% gain. This was a very, very small trade, guys. But again, it was reaching the point of being overbought. It was right around here where I ended up selling. We can see the RSI is at about 70 here, which if it's closer to 70, that means the stock is becoming more overbought. If it's closer to the 30 range, that means it's oversold. And since it was close to the 70 range, close to that 110 resistance, I ended up just taking my profits of about 1%. At about 109, I forget exactly what price it was. I can show you guys here. It was at about $109. I literally sold this very, very early on in the session. I was talking about this in the Discord group chat. A bunch of other people were trading ticker symbol HSY as well. And I was really comfortable with taking my profits there, guys, again, due to it being close to that resistance at 110 and it being at an overbought level at on the 180 day 4-hour chart. So, comfortable trade for me there on ticker symbol HSY. Another one that I ended up selling off today was Facebook. So, Facebook is one that I'm in with the long-term investing portfolio. And I'm in this one. Well, I was in this one in my swing portfolio that I bought in on Friday. So, this one as well as HSY were two stocks that I bought in on Friday. Swing traded them over the weekend. Both made me some decent money, right? Decent percentage, 1%. And I believe the Facebook trade was about 1.5%, close to 2% as well. So, the reason why I sold the Facebook position here was because we were getting rejected by this 180 day simple moving average. So, we noticed Facebook popped up to about 145 pre-market hours today. And then from there, it was pretty much downhill in terms of Facebook stock. And I was in at about 138 roughly, I believe, in terms of my swing position. And we could see exactly what I'm talking about here, guys. So, we noticed 145 pre-market hours sold off pretty heavily back to 140. I didn't sell here. We popped up. And as I noticed, we were getting rejected here by the 180 simple moving average. I ended up selling right around here at about 142, like 50-ish. So, from about 138, let's say, I was in at about 138.15. I believe to be exact with you guys. But if we take a look back here in the 20-day, I can show you, let's say, from 138, let's just see, so I can show you guys how much percent I made. From 138 up to about, where was it that I sold again, guys? Oh my God, my short-term memory shot. From 138, let's say, 138.84 up to about 142.50-ish, right? About 2.5% on this Facebook trade. So, Facebook, guys, got me 2.5%, Hershey, about 1%, giving me about 3.5% on the day. And on another stock I was able to hop into today due to ridiculous volume and ridiculous price volatility was CGC. And before I talk about CGC, guys, this is a very, very quick, very quick swing trade, or not a swing trade, very quick day trade. I want to talk about what happened here today with Kron. So we saw a ridiculous move today with Kron, Kronos Group. For those of you guys that don't know, this is another marijuana stock. This is my whole marijuana stock, weed stock, what's it called? Watchlist right here. And pretty much, guys, whenever one weed stock goes up in price, a couple other ones tend to follow, right? So, Kron today, there was a news that came out. It was unconfirmed news that Altria, which is a big tobacco brand, big tobacco company, they manufacture, they produce Marlboro cigarettes, I believe. They were in discussions of possibly purchasing Kronos Group, which is absolutely huge news in my personal opinion. And yet again, this is not confirmed, guys. This is not confirmed, so this is not actually happening yet. But the fact that this news came out, this shot up the stock, and if this actually does happen, this is going to be huge in my personal opinion for the marijuana industry. But let's just look at this article very quickly before I do hop into the trade I made today in CGC. Well, Kronos Group led a mixed day for marijuana stocks after a report said tobacco giant Altria Group was in early discussions to buy the Canadian cannabis producer. A deal is not guaranteed, sources told Reuters. The news follows reports earlier this year that Altria had considered buying Afria, which is another marijuana stock. Last week, media outlets reported that Altria was considering taking a stake in the e-cigarette maker, Jewel. I'm sure a lot of people out there know what Jewels are. A bunch of the young kids nowadays have Jewels and they're booming up too. Altria is looking to make some pretty big purchases out here, guys. Check this out. So this could actually be a pretty decent play outside of the cannabis stocks. If you guys want to play Altria, ticker symbol MO, this could be a very good opportunity for them. So the cannabis, tobacco and alcohol industries have spent more time courting one over the other the past year. Both the alcohol and tobacco industries are looking at cannabis to gauge whether it can offset weaker sales in cigarettes and beer. And in my personal opinion, guys, the marijuana industry is going to be booming in 5 to 10 years. And I do think it can offset the weaker sales in cigarettes and beer. But again, this is unconfirmed news. This is not happening 100% quite yet. And there's a pretty good chance, guys, that this actually won't even happen. But the fact that they came out with this news, it's shot the stock up in a matter of 5 minutes, guys. Literally, I was watching my watch list at about, what was it, like 12 o'clock, right? Yep, it was at about 11.50, actually. I was watching my watch list here. And literally a couple minutes later, it shot up like 30%. Guys, look at that. 30%. I was talking in the group chat today, I was going nuts. A bunch of people in there were talking about it. Crazy, crazy news. And then when this happened, when Cron shot up ridiculously like it did, CGC followed. So CGC followed here. And I was able to actually play this one right around here, I believe. So I waited to see what Cron was going to do. It shot up, pulled back down. And then when Cron pulled back down, I think it was actually at about like $10, it pulled back down a first time from here, right? From $11 down to about $10.30, it pulled back. And then it started to push up. And when it started to push up here, CGC started to push up as well right around the same time period, right? At about 12.10, 12.05, I ended up taking a little position here at about $34.30. And I just sold it off at about $35. Made a quick little 2% on this little hype around Cronos and the marijuana industry today around noon in the stock market Eastern Standard Time. So 2% on CGC guys today, 1% on Hershey, and about 2.5% on Facebook, giving me about a 5.5% day today on the 3rd of December in 2018, which I'm very, very happy about because my goal is roughly around 3% to 5% per day in the stock market. And the fact that I hit over my goal makes me very, very happy. So that is what I did today in the stock market, guys. That is what the overall markets are looking like. So let's just take a look at some other stocks, some other ETFs that I'm potentially looking at buying back into or adding money into. So buying back into guys, I might even consider buying back into Hershey because the technicals on this stock are very good. It's making higher highs. It's making higher lows. It pulled back from 1.10, bounced here. It pushed up, broke above the simple moving averages, broke above the EMA. And obviously, I sold off because it was a little bit overbought nearing that resistance point. But what I want to see before I even potentially add more money or buy back into HSY is I want to see a pullback maybe back to around 1.07, 1.08. This one could push up to 1.10, 1.11, 1.12. And if that does, guys, it's going to be a couple of days, maybe a week or two before we do see that pullback. But again, I'm very patient, guys. I'm very, very patient. And I wait for opportunities to open up for me. So if that does end up happening, if we do pull back maybe back to around 1.07, 1.06, ideally maybe like 1.06, 1.05.75, I might add more money or buy back into Hershey as a longer term swing trade because the technicals, guys, they're textbook beautiful right here. Higher highs, higher lows, bouncing on the simple moving averages, pushing up. And it's looking very good, guys. It's looking very, very good in my personal opinion. So Hershey, I'm watching Hershey very closely, guys. Obviously the markets as of right now are out of their resistance points for the most part except for the S&P 500. And this is going to lead me to playing the TV, not TVIX, TQQQ as well as QQQ because these are two ETFs that go up in price when the overall markets are going up in price as well. And with this news that we have from the tariff situation, guys, them holding it for 90 days, keeping it at 10%, I do believe this is going to keep pushing up the stock market for a couple of days. Although this is just short-term good news, it's going to push up the stock market for a couple of days in my personal opinion. But this could end up crashing, not crashing, but it could end up selling off once this hype, once this good news ends up dying off. Because, guys, since they did halt the tariffs, they didn't really come to a conclusion quite yet. So there's still a bunch of negative factors. There's still a bunch of just uncertainty around the stock market, even though they did come to this little 90 day halt conclusion. There's still some long-term, there's still some two, three-month outlook of where we could end up selling off back into these levels where the Dow Jones was down around here, where the S&P was down around here. We could end up selling off back down there when the hype dies down. So what I'm telling you guys pretty much is that, don't let this trick you into going long on any swing trades. Don't let this trick you to buy into some stocks for a couple of weeks, thinking that this is going to continue to push up the market. Because they didn't really come to a conclusion, guys. There's still a bunch of negative things surrounding the overall markets right now. So just be very, very careful when you are trading. But the next week, two weeks, three weeks, four weeks maybe, in the next month, month and a half, I do believe we could potentially be green in the stock market. So in that case, I'm going to be trading TQQQ as well as QQQ, which did very, very well today. QQQ did very well, up $3, up 2%. TQQ had a pretty solid day as well, up 5%, up 2.6%. You guys is another one that I'm watching for tomorrow because if you guys have been paying attention today, we sold off pretty heavily, not very heavily, but a decent amount in terms of the natural gas futures. And we're seeing some green candlesticks start to form here in terms of the natural gas futures. And if they are able to push back, heading into the pre-market hours tomorrow and into the market, if they're able to push up maybe back to around like in the 440s, mid-440s, I do believe this is going to be a good opportunity to hop into UGAS. So pretty much guys, what am I watching for tomorrow? It's very simple. I trade the same couple of stocks in ETFs every single day, pretty much all the time. So tomorrow, I'm going to be watching UGAS due to this big pullback in natural gas. I'm going to be watching the bull ETFs in terms of the overall market TQQQ as well as QQQ, looking to possibly re-enter into Hershey, ticker symbol HSY, although that one may take a couple of weeks to come back to the range where I would want to buy back in. I'm still going to be watching that one very closely, as well as these weak stocks, they're always going to be on my mind guys, because they always end up pushing up when they're not really always, but the levels that they are at right now, they tend to do very well at. So I'm waiting for that push in CGC. Obviously, we saw Kron push up heavily today. I'm not really looking to play that one, to be completely honest with you guys. But for the most part, CGC and Enbev, I'm going to be watching very closely, because Enbev right now, holding above the 180SMA here on the 180-day chart, it has a margin up to about $6. So from 5% to 6%, I think it's very possible for it to run, and that's 15%. So that's pretty much it for today's video, guys. I hope you all enjoyed it, found some value in it. Drop a comment down below. Let me know what you guys traded today. Let me know how you all did. I would love to love to know. And remember, guys, always do your own research when trading, when investing, do not buy or sell based off of my opinion, or anybody else is out there, because that's not how you're going to become a self-sufficient trader investor over the long term. So I'll catch you guys in the next video. Have a great rest of your day. Peace out.