 What is going on everybody is Stas here welcome back to another video So in this video, we're gonna be talking about the top couple of stocks and ETFs that I'm watching and looking to trade for the third week here in February of 2019 We're also gonna be talking about some stocks and ETFs that you guys DM me on Instagram that you guys wanted me to talk about in This video so thanks to everybody out there that did DM me and if you don't already follow me on Instagram guys My at name is at Stas surface One word no underscores and you could also click the link down below in the description box And you could follow me through that link as well I'm posting pretty much daily content there on the stories And I'm also answering DMs of any questions you guys have on a day-to-day basis So if you guys have any questions feel free to go to the Instagram shoot me a follow And of course shoot me a DM and I'll get back to you as soon as possible So let's start off this video today talking about the SPX the S&P 500 index the 500 largest US publicly traded companies so we can get a better understanding of where the market is pushing Where we could be potentially headed over these next couple of weeks and days so we can get a better understanding of what We're going to be trading whether it be large cap stocks put options on large You know cap stocks, you know, maybe inverse ETFs bear ETFs or bull ETFs We got to see where the market is pushing We have to understand where the major indices are pushing so we can make this Decision guys so we all know from the beginning of 2019 pretty much since after Christmas of 2018 The markets have been on an absolute tear right the SPX. I believe it's up nearly 16 percent Let's double-check right now. It's up about 15 point five percent to be exact from the low at about 2,346 that we did experience there right around Christmas time of 2018 and since then guys, we've obviously been uptrending higher highs higher lows and we're getting closer to this resistance at around $2,800 with the next one being at around 2,800 and $15 so guys these next couple of days, especially leading up to that March 1st trade war Agreement deadline. They're going to be absolutely Critical guys because not only are we coming towards that deadline where if we don't make an agreement with the president of China You know, this could send the market in shambles But we're also nearing these support or resistance levels rather from the time back in October and November and December Where we sold off drastically? So, you know in a technical basis right now We're at very important levels and not only that but we're in a very critical time period with China where if we do get Into an agreement guys that could send the markets up past these resistance levels that could pump Optimism into the markets where people might you know buy more and more shares driving up the prices of the stocks large-cap stocks And of course the SPX index, you know that could end up, you know nearing, you know Maybe even get to those all-time highs at $2,900 but of course if we don't come to an agreement, you know We've seen Trump say in the past couple of weeks that if him and the president of China Seem like they are nearing a deal. He might push that deadline back But let's say, you know, they don't come to a deal They don't see a legitimate deal forming and let's say they don't come to a deal by March 1st You know, this could send the markets back down. Who really knows right, but this time guys We are in is super super critical. So over the past 30 days now We've been trading in this pattern talk about this in pretty much every single video and right now We're at a very critical spot, right? We're at the resistance portion of this channel And we are at that next resistance roughly at around 27 95 So this week guys what I'm watching for is are we gonna break the top of this resistance of this channel? Which is gonna be a very bullish move and at that point if we do do that We'll be breaking to the 2800 level roughly which again would be another bullish move because we're breaking that resistance Or are we going to pull back here this upcoming week? Potentially if we hit another 5-10 points to the upside maybe on Tuesday or Wednesday Are we gonna pull back from there and slowly start to see some selling off in the large caps? you know potentially opening up some Opportunities in the short term for some of these bear market ETFs, you know only time will tell guys But right now I do think we can have another day of green maybe two days of green Before seeing some potential of resistance and a potential pullback and of course We're gonna end up seeing what ends up happening in these next couple of days, and I'm very very exciting Excited honestly for these next two weeks leading up to that March 1st deadline. It's gonna be pretty hectic guys I'm warning you right now, but drop a comment down below Let me know what you guys think where are we headed in terms of the SPX if we take a look very quickly at the Nasdaq futures here again For those you guys that don't know the markets are closed today But we can still look at futures to see where the markets could be potentially headed tomorrow And of course we can see futures for crude oil natural gas Gold which are you know the futures and you know what we look at when we trade some of these inverse ETFs that I talk about on this channel all the time But in terms of the NQ guys Nasdaq futures We're currently up around 12 points, and we are climbing up around point two percent And we talked about the resistance on NQ at around 70 100 We broke this resistance at around 70 60 and now we're looking to fill the gap to the ups Excuse me to the upside here from around 70 60 up to around 70 100 so the uptrend guys look is looking intact Especially with the futures being up right now, and of course the Dow very similar to the SPX But the only up you know difference here is that we did break that first resistance in the Dow with the SPX We did not break that resistance quite yet from the sell-off in the beginning of December But the Dow we just recently broke that resistance from the sell-off in December at around $5,750 so let's talk about what I'm looking at For this upcoming week and some stocks that you messaged me on You know the DM and Instagram so if you guys missed my video yesterday I talked about three potential swing trades that I'm watching for this month of February and the beginning of March Which I'm currently in one of those three swing trades So go check out that video from yesterday. I talked about cat J&J and Microsoft so I'm not going to be talking about those in this video because I don't want to be Repetitive so if you miss yesterday's video, I highly highly advise you to go check that out If you want to see what I'm personally, you know looking at trading in terms of swing trades And I formulated a plan in that video and talked about my plan of where I want to buy where I want to sell Where I want to cut losses all of that fun stuff So go check that out and let's just hop into a couple of stocks right now that I'm personally looking at for tomorrow Other than those three that I mentioned that I'm potentially swing trading. So guys the first one on the list is UWT and this is an ETF that trades based upon crude oil and whenever crude oil is going up in price You know UWT is going up in price And we've seen crude oil and made a very bullish move here by breaking above this resistance at around $55 and we can see the future right now guys is actually up nearly 1% up around 45 cents So this is even a better sign This is a very good sign that we're continuing this push up But what I want to see guys before I do potentially trade UWT as I do want to see a little bit of a pullback on crude oil with the potential hold on this new support level Which was a previous resistance guys So right now we do notice that crude oil is a bit overbought which is kind of um, you know kind of Worrying me for you know UWT sake because that does mean that UWT is most likely overbought as well Not really opening up, you know the best buying opportunity right at this moment But again, if we do pull back a bit in crude oil That's gonna pull back UWT a bit and maybe opening up a better opportunity Maybe around 1475 1450 for UWT where we'd like to hop in and ride this momentum Ride this uptrend that we are seeing here in UWT so UWT guys this one was highly highly requested It's on my list right now probably the top for a top of my list tomorrow For a day trade, but I would love to see the pullback and the hold right here at around 55 30 55 50 ish For crude oils So the second one I want to talk about today is you guys Another highly requested ETF here and for those of you guys that don't know you guys trades based upon natural gas futures Slash and G and this obviously guys whenever natural gas is going down You guys is going down as well, but whenever natural gas is going up you gas is going up as well So we do see a double bottom here on natural gas Which could be the first sign of a reversal pattern for this particular future Which of course if it does end up reversing to the upside here that's going to open up a ton a ton of margin of profit on You guys guys so if we take a look you know based off this chart over the past couple of months really weeks rather We don't really see you guys or rather natural gas Forming a double bottom like it did here at all right pretty much. We don't see it You know we can see you know, maybe this is technically a double bottom here We did pop up we ended up selling off but over the span of let's say 10 days We haven't seen a double bottom in the span of 10 days, right? We don't see it here We can see lower lows lower lows lower lows But here we see the clear bottom at 257 and another clear bottom at around 255 257 again and for those you guys that don't know a double bottom is a very good sign for a potential reversal To the upside right and now we see natural gas is up around a penny right now up around point four percent Not crazy not too crazy of a move But the fact that we're playing with the 50s to me right here We're getting a rejected a bit by it But if we do break above it here guys and head back into the mape 265s this could be the first step towards a full on reversal Well actually the second step because the first step is the double bottom the second step would be the break above the 50s and may then the third step Would ultimately be a break above 270 if we do see this movement into the mid 265s and eventually a break above 270 That's going to be a very good sign that natural gas is reversing to the upside And that's going to open up a huge huge margin of profit on You guys guys so right now let me just quickly set an alert on this video for you guys I'm going to set an alert. I want to get alerted once we do break this 180 SMA here on the 20-day one-hour chart Let me quickly do that create an alert at around. Let's say $30 and 50 cents I want to make it alert me when it's at or above 30 50 mark is at or above $30 and 50 cents perfect that'll put it right under the 180 SMA right at that spot where I would want to see the potential break So the third one I want to talk about today in today's video is Roku and Roku is another one that actually somebody commented on in yesterday's video So let's take a look at Roku. I did a look at it briefly before the video It did look pretty good and let's take a look, you know at this stock So obviously from the beginning of October pretty much every single stock out there took a very big hit Of course, there's some uh, you know outliers that did not like Tesla for example and Hershey Two stocks that did not take much of a hit back in October But Roku was one of those stocks guys that got Absolutely slaughtered guys take a look at how much value and market cap, you know Roku lost from 26 I went from $77 guys, you know down to, you know, $26. Holy crap That's actually unbelievable. It lost like three times its value nearly in the matter of two months And obviously that opened up a ridiculous margin of profit, right? A ridiculous margin of profit where if this gap filled you could potentially make like 200-300% On a swing trade best case scenario if you are trading Roku and obviously that's a bit far-fetched, right? You know, I bet you there are some people out there that probably swing traded this and Have plans of making a hundred two hundred percent, but that's a very very small percent of people, right? So us, you know people that want to grab, you know, five ten percent margin a little bit more conservative Traders potentially looking to hold it for about a month or two This move right here that we are seeing is super super attractive, right? We see, you know a nice break of the 50 SMA above the 180 SMA. That's a very bullish move Indicating signaling more potential upside to come in the stock We're seeing higher highs higher lows all the things all the signs We want to see for an uptrend pattern But the thing I personally want to see and what you know I would recommend not really telling you to do this guys because you have to do your own research and trade based upon your own Opinion, but what I would want to see here is a bit of a pullback Potentially to test that $50 previous resistance and test it as a new support guys Not only is this going to open up a better buying opportunity, right? But it also opens up more margin of profit if we were able to get in here and ride it back up to let's say $57 which would be or $58 which would be a previous Resistance right so what I would want to see is a pullback here bringing the R side down a bit and also To see if we do end up holding that $50 level because that is a very critical spot Because if we see here back in the middle or towards the end of October rather, you know We were here at a support level and obviously when we broke under that, you know due to one Who had a bad earners report? I'm assuming they did since the stock dropped, you know That ended up being or that resulted in this being a new Resistance right so the fact that we broke out of it good sign now I just want to see a pullback and see it if the holds it as a new support level guys so Roku Thank you for shouting this one out I really do like it on a technical basis and if we do pull back get in at around 50 51 dollars I do like this one for a potential swing and it does offer quite a bit of margin here with about 14 percent From around 50 51 dollars where that would be the target price for me to get in to Roku so again, thank you for shouting this one out I want to pull up my phone very quickly on this Instagram DM because I did get one that I'm forgetting right now Let me just look very quickly. Oh Shopify is another one that I got a message for as well as ticker symbol STZ Z so STZ let's talk about that one very quickly right now Constellation brands Inc don't really know that company, but this one is showing a Good step towards the upside here a good step for a reversal pattern to the upside very similar to Roku We do see the 50 SMA crossing above the 180 SMA very very bullish sign here But we are seeing some struggle to get above that 175 Resistance so very quick brief analysis here guys You know if we do end up breaking this 175 resistance where we tanked about a couple weeks ago due to a bad earners report I'm guessing guys because we did fall from 175 down to 150 if we do break that level That's gonna be a very good, you know break out pattern break out signal for STZ with the next resistance honestly guys being at around let's say $190 so it is a bit um that that is a bit of a you know far not really far fetched But that is a bit of a sizable move to the upside But if we do end up popping above here guys It is worth watching to capture at least some of that 8% margin that is being offered In STZ so keep an eye on that break I'm actually gonna set an alert for this one because I do like the potential breakout pattern That is forming here. I'm gonna set an alert. Let's say at 176 perfect And I'm gonna add that one to my active watch list STZ so good call out there Thank you again for calling that one out if you're watching from the DM on Instagram so let's talk about Shopify very quickly This is another one that was being talked about in the group chat yesterday the discord chat if you want to get in there 100% free link is down below and in the description box And I also got a DM about this one as well and Shopify guys This one has been on an absolute terror recently from the big drop in the beginning of in the middle of December rather from 162 down a 117 now we're already up. We're all the way back up to about 181 dollars the uptrend looking very nicely We're holding that 50 SMA nicely the 50 SMA cross above the 180 SMA Everything is looking nice here. So we do notice guys a potential triple top in Shopify right here. So what I want to see is a breakout well We can honestly say this is almost a quadruple top in a sense actually now We can't really say that because this is down. This was at about 176 This one's at about 179 180 and we're nearing that resistance again So yeah, you can talk you could kind of say it's a triple top here Or you know a potential triple top forming depending on what happens on Tuesday But if we do pop out here guys if we do end up riding into the 180s again You know, this could be another breakout pattern for Shopify to continue to push up Especially if the entire market as a whole sees more bullish sentiment Let's say we do come to a trade deal, you know, this sends up large cap stocks Shopify is most likely going to head along with that trend and head back into the 180s Maybe mid 185s mid or maybe even 190s guys to be completely honest But the thing to keep an eye on guys is that we are at all-time highs in terms of Shopify So if you don't like, you know trading stocks that are already at all-time highs If you like getting in on dips like J&J Microsoft and cat that I talked about in yesterday's video this trade might not be for you But again, you know if the markets do run up if you know large caps start to push up You know, we do get to a trade war agreement. This could end up running up as well Maybe to the 185s 190 and the truth is if we don't have any previous resistances to judge this on We don't really know where it can stop guys, right and the fact that we are at all-time highs now We just have to play it by ear see how the trend looks in the next couple of days And we really don't know where it could end up stopping but again if we do end up breaking 180 We could be headed back to 185 or not really back to 185 to 185 to 190 for the first time in the stocks history And this is going to be obviously the continuation of the uptrend guys So that is another one that I'm personally watching we again. We got that Dm and the the shout-out in the discord group chat as well So the main ones guys that I'm watching for a day trade tomorrow are UWT and You guys these you know inverse ETFs. I'm typically day trading them 99% of the time I really never swing trade these at all ever I'm mostly sticking to large cap stocks to swing trade Shopify is on my swing trade list, you know cat Microsoft J and J STZ I really like that one as well. And what else do we talk about Roku? I'm gonna add Roku to the list as well I really like the pattern on Roku. These are larger cap stocks that I am more comfortable and more confident in swing trading Rather than these volatile ETFs that really aren't meant to be swing traded in the first place So that's a pretty much a basis. That's a that's the whole basis here of what I'm looking at What I'm looking to trade for this upcoming week guys And again, if you guys did not check out my video from yesterday, go check that out I talked about the three tickers in depth from J&J Microsoft and Caterpillar guys and go check out that video if you enjoyed this video Feel free to hit that like button It really does help the channel grow and I really do appreciate everybody out there for watching this content If you enjoy the content and want to see more videos for me Feel free to subscribe to the channel hit that notification bell so you're notified every time that I make a video I'll catch you all in the next video. Good luck preparing today for tomorrow And of course good luck trading tomorrow if you guys are in the discord chat I'll chat with you guys there. Have a great day. Peace out