 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. Looking at the Dow Jones, the S&P 500 and the Nasdaq, we're going to be talking about one trade that I made today on the 30th of January in 2019. And we're going to briefly take a look into some of the biggest companies that reported earnings today, including Facebook, Microsoft, Tesla, Alibaba and AT&T. So before we do get into this video, guys, feel free to smash that like button. If you guys do enjoy the daily content, if you guys do find value in the content, it really does help the channel grow. And I do appreciate you guys if you smash that like button. So without further ado, let's hop right into the topic of today's video. So we just saw Facebook and Microsoft report their earnings about 10, 15 minutes before I'm recording this video. And I just want to talk about this right off the bat, guys. Facebook stock went absolutely parabolic off the walls, bananas, freaking insane. There's no word that I can put to what Facebook stock just did, guys. We can see it closed at $150 and literally 10 minutes later, guys, I was watching the chart 10 minutes later, it went up $12 per share. So in a couple of minutes, we're going to take a look at Facebook's numbers and Microsoft's numbers, whose stock actually went down quite a bit at the close or after the close of the market, we close that around 10680 ended up falling all the way down to $103 in terms of Microsoft stock. So before we do get into that, guys, let's take a look at what the overall market did today. And I'm sure you all know we had a pretty strong green day today. Yesterday, we saw Apple report their earnings. They were up around $8, $9 after market hours. And a lot of us were discussing, and I personally thought this myself. And I also talked about it in yesterday's video that if that were to drag over to today, right, if Apple were to drag over to today, and we saw some other stocks, you know, move positively due to this, which we did see in some other strong earnings reports, you know, the entire market could benefit today as well. And that's exactly what we ended up seeing. The SPX, the S&P 500 was up around $41 today, up around 1.5% at the close. And we can see here on the 184-hour chart, guys, we broke that resistance of the 180SMA that has been a resistance over the past couple of months. We finally broke out of it today with the strong trading day that we had. So pretty much over the past couple of days, guys, this ended up being just a consolidation phase in the SPX between 2600 to 2675. And what really solidified the break of the pattern, guys, was the break out of that 2675 resistance that we saw today, right around, you know, 2 o'clock once Powell started speaking, that's when the market really ended up popping out of the resistance at around 2675. And really, this is just a continuation of the uptrend pattern, as we can see here on this 20-day 1-hour chart. We briefly broke below the 50SMA a couple of days ago, but we recently, yesterday and today, obviously, we held above it again, we bounced above it, and we pushed to that higher high. So in terms of the uptrend reversal pattern, guys, you know, the SPX is looking very good for further push to the upside right now, strictly on a technical basis. Now, if we take a look at the Dow Jones, this one is far above the 180SMA resistance, guys, where we got rejected a couple of months back on three separate occasions. We had $430 point day today, up around 1.7% in terms of the Dow Jones. And just like the SPX, guys, this is continuing the uptrend pattern. We had a couple of days of consolidation between this horizontal pattern that we've been talking about, and we broke above 24,700, 24,800-ish, which really solidified the continuation of the uptrending pattern today in the Dow Jones. So everything for the uptrend pattern is looking intact right now, guys. It's looking good for the continuation of this uptrend pattern. And of course, guys, you know, if Apple continues to push up, if we see, you know, if Microsoft ends up recovering, goes up in price tomorrow, let's say, for example, if Facebook continues to push up, you know, we could potentially see a couple more green days in a row after this. But again, guys, eventually, we're going to have to see a little pullback. Am I saying we're going to pull back to a complete downtrend quite yet? I don't personally think so within this next week or two. But if we don't get a trade war deal by March 1, we very well could start pushing back down in price. But with this earnings optimism that we've been having, right, a lot of the big companies reported pretty decent earnings, right? You know, this has been pushing up the markets, and I do think this could potentially continue over the next couple of days. But eventually, we're going to see a slight pullback in the next couple of days, in my opinion, either to, you know, pull back and continue the uptrending pattern, or, you know, eventually, we couldn't even pull back down to continue or start rather a reversal pattern to the downside. But again, like I said, guys, it's going to take a couple of days before we do see any big move to the downside, you know, in my personal opinion. And, you know, at any time in this video, if you guys have any questions, any comments, you know, anything related to, you know, trading stocks, investing, whatever, drop a comment down below, and we'll chat in the comment section further. But let's take a look at the NASDAQ today, guys, it had the strongest day by far in terms of the major indices, right? With this one was up, and it's still climbing up 190 points at the close, guys, or roughly at the close, up around 2.9% guys. So very crazy day today. And we're actually trending and trading in this channel very nicely still in terms of NQ. So in terms of NQ, guys, we have yet to break the full resistance here at around 68.30, in my personal opinion, guys, we can see technically we're still trading in this horizontal pattern. So if we see stocks continue to rise heading into tomorrow, obviously that could definitely push this back into maybe even the 7,000, well, let's not get ahead of ourselves, probably the $6,900 level, and then eventually potentially in the $7,000 range, which obviously would indicate a continuation of the uptrend pattern for the NASDAQ. So that's what I'm looking at in terms of the overall markets, guys, looking good in terms of a reversal to the upside. We've broken major resistances right now. Stocks are pushing up. Stocks are green, guys. They're very, very, very green. We haven't seen them this green in a while. Let's take a look at some examples, right, very quickly. We saw Apple up 7% today. We saw Facebook's doing absolutely ridiculous right now. Amazon had a very strong day today. Even Netflix did very well today as well. Google had a decent day up around 23% on the day. What other ones off the top of my head? We saw Alibaba did absolutely amazing today. So basically my long-term portfolio today, guys, was very, very strong. You all know out there I own Alibaba. I own Apple. I own Facebook, right? Even Micron did very well today, which I own as well, up 2.2%. And another banking stock that I own that I actually traded today, which is the stock I traded, did very well today as well. It was up 8% at the high. And I was able to capture a little bit of that on a day trade, which we're going to talk about in a couple of minutes. But overall, guys, a lot of my positions in my long-term portfolio and a lot of stocks in general today did absolutely crazy. Let's take a look at some other ones off the top of my head. Did I show you Micron? You know, Micron was up 2%. Oh, AMD, guys. That's another one that went absolutely haywire today. 20% move in terms of AMD today, $23. And we saw yesterday, I believe, in the video I was talking about how AMD is projecting strong sales growth for 2019. This could be the catalyst as to why we saw a huge move today. 20% move. Absolutely crazy, guys. And overall, there's just a lot of green across the board. So let's talk about stocks earners reports very quickly. I have my handy dandy iPhone right here. I'm going to take a look at my notes very quickly because I took notes on the basic numbers for each company. And let's bang this out very quickly. So Facebook, guys, like we just saw, parabolic, insane move right here, up to 162 and climbing. So we can see they reported EPS of $2.38 versus $2.18 expected. And they also beat on revenue, $16.9 billion in revenue versus $16.4 billion expected. Facebook and Messenger, they both grew their monthly active users by 9% compared to last year to $2.32 billion. So that's pretty, pretty solid numbers in terms of Facebook stock, guys. So let's take a look at Microsoft. The next big company, I think Microsoft in terms of market capitalization is the largest company right now in terms of the entire world. Don't quote me on that, but I'm pretty sure Microsoft is the largest company. They reported EPS of $1.01 or 10 cents rather, $1.01 versus $1.09 expected. They missed on revenue at $32.47 billion versus $32.51 billion expected, guys. And we can see it's slowly starting to make a comeback right now back into the $104 range after we hit a low at around 102.7. So the revenue miss is most likely why Microsoft is falling down. We saw a pretty poor report today from Tesla and all these reports, guys. I haven't really dove into them too in depth because I am recording this video at about 4.40 pm Eastern Standard Time. After I do record this, I'm going to dive into more of these in depth, but I did want to get this video recorded and out to you guys on time today, which is why I am recording it a bit early at around 4.30. But anyway, Tesla stock, guys. This one, we saw a spike up to 318 pushed back down all the way to 292. And now we're trading at around 307 right around where we ended up closing the day. So what did they report in terms of earnings? Well, their EPS was 1.93 versus 2.2 expected, guys. So huge miss in terms of EPS. We've known that Elon Musk has been giving out some signals that profitability isn't looking too good. For this quarter, we've had some production problems, obviously the 7% layoff. In the workers, we weren't really expecting a solid report anyway from Tesla, which is why, honestly, it's not reacting too poorly right now in terms of the stock price after market hours. Because, honestly, a lot of this stuff could have already been priced in in terms of Tesla stock. And their revenue actually beat, guys. They beat on $7.23 billion versus $7.08 billion expected by analysts. So not too bad of a report, but in terms of profitability, guys, EPS pretty bad across the board right now in terms of Tesla's earnings report. So Alibaba, which is another one of my largest positions, is probably like my fourth biggest position in my stock market portfolio. They also reported earnings today as well. This was pre-market hours. And we can see they closed the day yesterday at $155. And by the time we opened the market today, we were already up about $6 per share in terms of Alibaba. So let's take a look at what they did in terms of their earnings, basic numbers very quickly. So EPS $1.77 of EPS versus $1.67 expected. So we beat that by $0.10 per share revenue. They missed briefly on revenue, guys. They reported $17 billion in revenue versus $17.7 billion. So they beat, I mean, they missed by a small fraction there. Not too crazy of a miss. It's a decent miss, but it's not too crazy of a miss, like we saw in terms of Tesla's EPS, which is a pretty, pretty bad miss. But one thing to note about Alibaba, guys, which is expected, honestly, their revenue growth is 41% growth year over year, which is amazing for a lot of companies, right? But before, guys, their previous quarter, I believe it was, they grew it by about 50%, 60%, and then 70% for the quarter before that. So in terms of their growth rate compared to previous quarters, it's obviously slowed down because the Chinese economy hasn't been so great. We've obviously seen tons of stocks crash. Consumers aren't buying products in China as much as they were a couple of years back. It makes sense that Alibaba's revenue took a hit, right? Not a surprise whatsoever, but the stock positively reacted to the earnings report today. Obviously, we're up 7%. So one more that a lot of people were also talking about in the chat. We'll talk about that one very quickly was AT&T. This is another stock that I personally own in my portfolio. They were red today, guys. They were down 4%, down about $1.33 per share. They reported EPS of 0.86, 86 cents versus 86 cents expected. So they were pretty much in line with analysts in terms of the earnings per share, but their revenue came short, guys. They were down, rather, they reported $47.99 billion in terms of revenue versus a $48.5 billion expected by analysts. So guys, overall, earning season is very, very exciting, guys. This is my favorite time period especially a week where a lot of my long-term portfolios are reporting. I know a lot of your rather the stocks in my portfolios are reporting. I know a lot of yours. Your stocks are reporting as well. It's just a very exciting week and especially when your stocks go up, guys. Literally, we saw Alibaba up 7%. Apple was up 8%. Facebook was up whatever. It's probably up 12% at this point with the aftermarket spike. So the past couple of months that I've been buying down, buying more stocks in Facebook, Apple on the downtrend, it's serving me now because the stocks are pushing back up, right? And I'm obviously making money on my long-term positions and everything is looking solid, guys. But now comes the question of when to add more shares. I'm personally going to be waiting for dips in all of these stocks before adding more shares. The buying opportunities at least in Facebook, Apple, and Alibaba were mostly about a week, two, three, four, five weeks ago, right? The time right now in my opinion to add more shares in those positions has passed because we've seen, like I said, they're all up a pretty sizable amount right now. And typically, I don't buy long-term position shares when the stocks are pushing up. I like to wait to see a pullback. That's what I personally do. So very quickly, guys, let's talk about what I traded today on the 30th of January in 2019. So this is the company that I traded today, Axos Financial, ticker symbol AX. And this is one of my longer, longer-term positions that I've actually owned for the past couple of years. And they're formerly known as BOFI, ticker symbol B-O-F-I. They just changed their name to Axos Financial a couple of months back. And I actually started buying into this stock. I believe it was back in, like, 2015, 2016 at around $16 per share. Ended up selling off a lot of those shares at the height at about $38, $40 that we saw a couple of months back. And I've been slowly buying back in to Axos Financial after I took about, like, 100% profit, you know, over the past two, three years that I've owned this stock. But other than that, guys, you know, it isn't my long-term portfolio. I decided to trade it today as well as a day trade. Because just like all those other companies that we talked about, Axos Financial, they reported their earnings today on the 30th and the stock positively reacted to a very solid earnings report. And mind you, this is an online bank growing company, right? They reported, I forget the exact number, but their revenue was up like 20% year over year 20. I think it might have been like 20, 25%. Strong growth, right? A lot of the other numbers were solid as well. And I noticed that we were slowly starting to trend up pretty heavily. Volume started to kick in a little bit right around here. And this is when I ended up adding a position in my swing trading slash day trading portfolio in terms of Axos, guys. And it was very simple, right? I started to buy in at around $28.95, I believe. Ended up adding more at around $29.40 as we continued to push up. And we can see, guys, from there, you know, my average cost was at around $29.15. And at that point, guys, you know, I always set a limit order at around a 2% profit. And I always keep an eye on my day trades from there to see whether or not I have to adjust my limit, you know, add a trailing stop loss, add a stop loss, change my stop loss, do whatever, right? This is what I'm typically doing, you know, when trading. So, you know, guys, you know, I was in the green for a little bit here, ended up adding a trailing stop loss with a limit order at around 2% and ended up trading all my shares. What was it? I got in right around here for the first time, here for the second time, average cost at around like here roughly. So 2% guys, roughly, is what I ended up taking on this trade, literally ended up selling right before $30, I believe it was like $29.95. So in terms of my trading day today, guys, very simple, Axos Financial, which is a company that I personally know, and I've studied over the past couple of years. And I've been studying their quarterly earnings reports for a while now, guys, because I've been a shareholder and I like to see, you know, I kind of have a sample of how they usually react to their earnings, not to say that they always react the same way. But typically, guys, Axos Financial, I'm not going to say this is the way that it is for all the stocks, but when they beat on revenue, when they have a good earnings report, a solid earnings report, typically the stock reacts the next day or the same trading day that they reported, right, which was the same, which was pretty much the situation that happened today. And that's exactly what ended up happening was able to capitalize on 2% of this particular trade. But out there, guys, today, there was a bunch of bunch of green. So for all you that didn't make money, good stuff, good stuff. Today was a very, very solid day. A lot, a lot, a lot, a lot, a lot of money was made across the entire stock market. Absolutely crazy, guys. Let me know what you guys ended up doing today. I would love to know, but I'm pretty much going to end off the video right here today. So if you enjoyed the video, feel free to smash that like button, leave a comment, subscribe, follow me on Instagram, as well as on Twitter. And if you guys want to join our Discord group chat, we have about 500 people in there, the links down below in the description box. I'll catch you in the next video. Peace out.