 What is going on everybody, it's Stas here and in this video we're going to be doing an overall market update just like always taking a look at the S&P 500, the Dow Jones and the NASDAQ. We're also going to be doing a trading update talking about what I did in the markets today as well as some stocks and ETFs that I'm watching and looking to trade right now in the month of November in 2019. And as you guys read in the title, we are also going to be talking about good old U-Gas and natural gas because we got some numbers today from the natural gas report. U-Gas ended up dumping, so I'm looking at U-Gas now and I'm thinking, is this a dip buy? I want to talk to you guys about that and my feelings about that and kind of my opinion here in the next couple of minutes. But before we do get into that, all I ask from you is if you enjoy this video, feel free to go down below, hit that like button, consider subscribing if you want to see further content from me and join our StrafSmart Discord group chat and our StrafSmart Facebook group as well as all the social media links, those are linked down below in the description box. So without further ado guys, let's get started with the S&P 500 here today, which hit an all-time high almost at $3,100 bucks. It hit $3,997.77 which is that fresh all-time high before pulling down to about $30.85, closing the day up $8.40 up .27%. And if you guys watched my video yesterday, we kind of predicted this, right? We kind of predicted that the S&P had potential to push up, right? Based on the closing pattern that we saw being pretty, pretty bullish, right? And we can see that here on the 5-day-5-minute. If we look at it, you can see how we kind of closed on a nice little upswing, breaking us out of this downward trending pattern that we were on for about three trading days. I believe this started on the 4th, which was Monday, headed into Tuesday, we sold off, headed into Wednesday. And this was all a part of that sell-off that we were talking about last week, since the market was very, very overbought. And we found a bottom, it seems, like yesterday at about $30.66, which happens to be a previous resistance. And we closed on that strong note, like I said. So I figured if we gap up, if we see the futures pushing up in the morning, that's going to signal a nice little bullish pop. And that's exactly what we got, right? We hit that all-time high again. And this is mostly because we got some news regarding the trade war between the US and China. And let me read something off my phone very quickly for you guys about that. So China said it had agreed with the United States to remove tariffs in phases. While state-owned Chinese news agency said Beijing was also considering removing restrictions on poultry inputs. And these are imports, rather. And these are the tariffs that are scheduled for December 15th. And we all know at this point, guys, whenever we get some optimism surrounding the trade war, you know, tariff removals, trade negotiations are going well, the market loves that, right? So the market gapped up aggressively. We hit that all-time high before selling off. And it seems like now we're holding this old resistance at about 3084, 3085 as a new support, as well as that 180S-SMA support here on the five-day five minutes. So this, in my opinion, is still looking extremely bullish. And it kind of looks like what we did yesterday where we held a previous resistance as a support before gapping up. So this is a point in time where I'd be watching this to go maybe back up to that all-time high, break that all-time high, maybe even get into the $31 range. That is if we end up popping up in terms of the futures tomorrow and if we end up just riding back up into the 3090 level in general. So that's kind of what I'm thinking on the S&P 500 here. Going to the Dow Jones Industrial Average, guys. And if we go to this five-day five minute on this chart, we can see it's very similar. We hit an all-time high today at $27,377. That must be good luck, guys, $27,774.67. That's actually $477. So that's extra good luck there. So we pulled down from there, actually, heading into the close. And we still ended up holding a higher low on top of that 180 SMA as a support and on top of old resistances as new supports as well. So this is looking extremely bullish, right? We got a bullish cross, 50 SMA crossing above the 180 SMA. And yeah, there's really not much to say. Up 182 points, up 0.7%. Just a very, very solid, strong green day out of the Dow Jones today. And one earnings report that's critical is going to be Disney, guys. Disney's reporting earnings today, if I'm not mistaken. And oh my goodness, guys, this thing is running. Oh man, is it running? Is it, huh? One day, one minute. Take a look at that, $132, up to $138. They must have crushed earnings. I'll take a look at that in a little bit here, because Disney was on the schedule for today's video. But back to the Dow Jones. This can definitely affect the Dow Jones after hours. I'm sure it's already, right? Yeah, we can see it's moving a bit here after hours in terms of the future here. So that's a good sign and something to keep an eye out for tomorrow's session. That's really all I have to say in terms of the Dow. Not much more. Taking a look at the NASDAQ here, up 25 points. Up 0.3%. Not as good of a day in terms of, you know, compared to the S&P and the Dow Jones. But nonetheless, it was a green day here. Actually, did it do better than the S&P? My short-term memory is shocked, guys. No, pretty much in line with the S&P, what the NASDAQ ended up closing at. But still, pretty good green day here in terms of the NASDAQ. Up 0.3%. Up 25 bucks on the day. Going to the four-hour chart. We're holding the uptrend beautifully, right? We're at all-time highs. Did we hit an all-time high today? Yes, we did. 82.82 is that all-time high on the NASDAQ. And at this point, guys, it seems like this kind of wants to sell off based on this red candlestick I'm seeing on the four-hour. So keep an eye, if we pull down to that 50 S&P on this four-hour chart, which has been a support over the past couple of weeks and months on the NASDAQ, we might pull down, hold that before continuing the uptrend. That's kind of what I'm seeing right now based on the price action. Based on the hourly chart, though, we are holding the 50 S&P. So I'd watch this chart first. If we break the 50 S&P on the hourly chart, we may be going down to that 180 S&P on the hourly chart, which going back to that four-hour chart will probably equate roughly to where this 50 S&P is on the four-hour chart, right? Which is why it's super important to look at a bunch of different time frames, a bunch of different charts, because the technicals do look different on the five-hour chart or the five-minute chart, rather, the hourly chart, the four-hour chart, et cetera, et cetera. So that's pretty much it for the market update portion of the video today, guys. Let me know down below in the comments. What are your thoughts, my thoughts? Like I said, I think the market's bullish. I think we're going to continue to go up here in the short term, like I've been saying over the past couple of weeks. So what did I do in the session today, guys? Today was a crazy day for me, and let me explain what ended up happening. So I got lucky today, guys. I'll be completely honest. Today was one of those days that my trade went exactly to plan. And this was a trade in UGAS ticker symbol, UGAZ, which is what we're going to focus on a lot in this video. So let me explain to you what I did on the five-day five-minute chart here. Actually, let's rewind a bit to the hourly chart. We can see that $18, $18, $18.30, roughly, $18.50, this general area is a level of support based on the channels that we've drawn out here, right? We can see natural gas, or not really natural gas. UGAS has broken above $15, right? We've broken above $16, which these are all levels of resistance, right? You know, we've broken above that $18 level. We hit all the way up to nearly 21 bucks. And this momentum, right, has brought us up to new levels of support, right? To new levels of support to analyze pretty much, right? And now that we started to pull down from this 21 level of resistance, which we failed to break out of, this was the next level of support that I was watching, $18.30, like I mentioned, right? And what did we hold pre-market today? We held that $18.30 level of support, and we actually started climbing heavily in the pre-market session, right? We bottomed out here, held that support nicely, and we started to climb pretty much ever since 6 a.m. Eastern Standard Time, which is about three, three and a half hours before the market opens up here on the East Coast, right? So we started to climb up, we broke moving averages, 50 SMA, crossed above the 180 SMA, and actually built a pretty, it wasn't an insane position, I'll be honest guys, it was more of kind of money that I was willing to gamble through the report because the natural gas report today was today at 10.30 a.m., so I put an amount of money in that I was like, okay, this is an amount of money that, obviously I'm not willing to lose a lot of this money, but I'm willing to hold it through the report, right? And I put money in starting at about 18.60, right? 18.60 is where I bought in pre-market hours, and as we were climbing up, what was happening here? I was building a buffer, right? I was building a profit buffer heading into the report, which was honestly probably the main reason why I had the guts to hold through the report because at this point, I was already up at 19.15 is right where the price was before the report. I was already up about 2.6% on my position, so I was like, what's the worst that can happen here, right? I set a limit order, a limit sell at about, I think it was like 19 bucks or something, so if the report were to dump you guys, I would have gotten a profit anyway, so at this point, I was in it for the potential spike that we could get based on the report. Actually that's wrong, I had an OCO bracket order because I had a limit sell and a limit, well, a limit sell for the upside here and a stop loss, right? So we ended up flying up, and guess where I had my limit sell, guys? You won't believe it, literally at $20.51. I'm not even joking, and where the stock or the ETN rather, where did it peak? Right at 20.51. This is one of those trades that was to the tee. It went to the tee. It's crazy that the peak of the day for you guys was 20.51. That's where my limit was, and that's where I got the profits locked in, really after that report at 10.30 to about 10.31 AM. So the move in total, guys, was pretty crazy, right? It was from 18.60 up to about 20.51, exactly on the dot, right? Which was where my limit sell was, and that was about a nine to 10% gain, which is absolutely insane, right? And this is not typically how I trade you guys and D-Gaz. I don't like holding through the report a lot, but again, I traded an amount of money here that I was kind of willing to not gamble. I don't really like that word, but I was willing to hold through the report with this amount of money. And again, because I had that buffer built, if I did not have a buffer built, I probably would not have held through the report. But the fact that I was already up 23% heading into the report and I had that bracket order that protected me on the downside, I felt comfortable. So I took that nine, 10%, and this could segue into what happened today with natural gas and you guys, because honestly, from the trading perspective of my day, that's all I ended up doing today. So let's just transition into what happened with you guys and natural gas. So we all know at this point, natural gas and you guys, they're typically and D-Gaz at this matter, right? They're usually very volatile on Thursday because at 1030 a.m. Eastern Standard, there's a natural gas inventory report, right? So before we talk about that, let's take a look at the technicals here on natural gas. We peaked at about 290, we sold down to about 277, which is a support here, which is honestly another reason why I got into you guys this morning because it was holding this level nicely. And honestly, from this point, we haven't really done anything. So which is why I kind of want to see tomorrow, do we hold this? Do we end up selling off even further? Maybe playing with that 50 SMA before running up. But ultimately I think this could be a dip by, especially with cold weather coming and demand supposed to be jacking up here for natural gas over the next couple of weeks, which we all know happens in the winter month. So at this point, natural gas is trending between 276 and 290. This could be a nice level of support heading into tomorrow, right? So what ended up moving natural gas today? Let me pull up this right here. The U.S. Energy Information Administration reported Thursday that domestic supplies of natural gas rose by 34 billion cubic feet for the week ended November 1st. That was smaller than the build of 39 billion cubic feet expected, on average by analysts pulled by S&P Global Plats. So this is why natural gas saw that initial spike. And this is why you guys ended up running because pretty much the injection of 34 billion cubic feet was less than what was expected, right? And over these next couple of weeks, as demand starts to kick in, as we start to get withdrawals from natural gas and as we start to get colder weather, which if I pull up that little portion of my notes here, according to NatGas weather of November 7th to November 13th, a strong cold shot will continue to drop down the plains and into Texas and the South today with increasing showers. The system will stretch across the East Central U.S. with increasing rain and snow as it tracks into the East Coast tonight and Friday with lows of zeros to thirties behind the cold front across the plains, Midwest and Northeast, national demand will jump in the days ahead, right? So a lot of things are going on here. You know, the weather can start getting colder, demands going to start to come in, right? We're going to start to see withdrawals of natural gas and what's that going to do, guys? That's going to spike up the price of natural gas. And there's a lot of short positions right now on natural gas. I forget how many there was a statistic that I saw and once they cover, guys, this can end up spiking and squeezing the price of natural gas up as well. So in the title you saw, is you guys a dip by right now? I definitely think it's a dip by, right? We saw natural gas, the price action here. This is looking very bullish. It's simply a retracement, right? From 290 down to 277. Again, we're holding that support. We're at the bottom of this channel. Ideally, what would I like to see? Well, I'd like to see a pop, a hold above 277 being that support and the 50 SMA and a pop above, you know, 290 heading towards the $3 range. That would be ideal right now for you guys. And how does that equate over to you guys, guys? Well, very simple here. We saw the retracement of natural gas. You guys got pulled down to 1830. No need to repeat myself, right? At this point, if natural gas does make that pop to $3, this thing can definitely go back to $20 and it can definitely start to make its way back up to $23 as it did a couple of weeks ago kind of during that false rally period that we saw, you know, towards the end of August into the month of September. So overall, guys, that is my opinion right now on you guys, natural gas, kind of some numbers of what happened and whether or not I personally think it's a dip buy right now. And now what I want from you guys is let me know down below in the comments, what do you think? Is this a dip buy right now? I'd love to know what you guys have to think about. That, are you staying away from you guys, natural gas or do you think natural gas and you guys will be running up here over the next couple of days. So a couple of other stocks that I wanna talk about very quickly are Disney. Like I mentioned a couple of minutes ago, Disney was a company that was going to report earnings today, they obviously crushed earnings based on the stock's performance. Let's take a look very quickly right here at the live news tab to see what they did end up doing in terms of their earnings. We can see here their EPS came in at $1.07. That beat the 95 cent estimate, that's a very nice beat there in EPS, but their sales did miss 19.1 billion versus 19.19 billion expected. So it doesn't seem like the stock cares too much about that revenue miss. It seems like it's really running on this EPS beat and must I say that is a pretty sweet EPS beat right there on Disney. So let's draw some levels of resistance out very quickly. Now that we are spiking, where are we approaching? We're approaching back up to that 142 level and speaking of Disney, I just got a Robinhood notification. Okay, yeah, they beat EPS by 13% like we just talked about, that is very amazing. So at this point, this could be a tradable stock in my opinion heading forward on this positive earnings report. We could potentially be going up to 142 which is a very strong resistance on Disney. The next one I'm seeing is about 145, 147 bucks roughly. I guess you can say those are two separate resistances so might as well draw both lines out to make it simple on ourselves. And that's really what I'm thinking. Maybe we start to pull down a bit but probably not too much at this point. Maybe we pulled down to about 136, 137 but honestly, this can fly straight up based on this EPS beat that we just saw. So watch for that first level, 142. We could even get there probably not tomorrow but maybe next week in terms of Disney stock making it a very attractive stock to be watching right now. Another one is ATV guys, ticker symbol ATV-I. They're reporting earnings right now. Let's take a look if they reported already. Taking a look at this hourly chart, it seems like the stock is running up down, up down after hours. Really not, I guess you can say it's moving more to the downside continuing its downtrend from the entire day today but if we pull up this, we can see their earnings. Wow. EPS came in at 32 cents which beats the 23 cent estimate. Wow, that's a massive beat right there. Holy smokes guys. 121, 100, or no, no, what am I saying guys? 1.21 billion revenue versus 1.17 estimates. So okay, earnings came in very, very strong there. You know, the initial earnings from ATV-I. So this one guys, okay, we talked about this in yesterday's video. We need to see their guidance raised in my opinion because they've been, their guidance in general ATVs, they've been doing very poor over the past couple of quarters. We all know their revenue has been crappy. Their guidance has been low. So what I said in yesterday's video, what can raise the stock in the short term, EPS beat revenue beat which we just got as well as a raised guidance from the management team. This is going to be huge and I think it can propel the stock back up to that $60 level which we can see here and I just got an ATV notification about their earnings call. Might hop on that right after I filmed this video but we can see here, you know, 55 bucks, 56, 57 right where we are now, that's a resistance, right? And if we break out which this earnings report could be the catalyst of us breaking out, we could be heading up to that $60, 62, $63 level which is the resistance of the next channel here. So ATV, I'm loving it guys. ATV, I'm loving this. Hopefully in their earnings report or the conference call rather, they reiterate that guidance. I'm going to look into this right after I filmed this video to really see if I can end up trading this tomorrow if it sets up based on what I hear in that conference call. So ATV, Disney, you guys, those are the three main ones that I'm watching at this point. McDonald's is another one that I'm currently in but I don't want to spend too much time on it. It really didn't do much today at all. I'm simply just holding my shares in terms of McDonald's. What's another stock guys? Roku's another one that reported earnings yesterday. The stock ended up tanking 16%. Like I said guys, this is a stock that's going to go up or down massively on earnings which is why I don't really mess with these speculative stocks on earnings and this is my point proven, right? Down 16%, if you were to buy the dip here expecting to go up, you'd be crushed right now. So Roku, it's dipping very hard right now on the four hour chart. I'm not really seeing this looking as an attractive pattern. This is not attractive to me at all but if we hold 110, 112, maybe we start to maybe reverse back up from there then we can start talking about Roku but at this point I'm going to give it a couple of days maybe even a week or two to wiggle out and see what it does from there but that's pretty much it guys. I don't want to spend too much time going over these stocks. I want it to really focus on at the Disney and you guys for this video. So yeah, that's pretty much it for the video. If you enjoyed it, feel free to go down below, hit that like button, consider subscribing if you do want to see further content from me and don't forget to join our Strive Smart Discord group chat and our Strive Smart Facebook group as well as all of the other Instagrams, the Twitter, what else do I have down there? Pretty much just Instagram and Twitter. Oh and the Strive Smart Merch if you guys do want to support as well everything is linked down below. So I'll catch you all in the next video. Thanks again for watching. As always, peace out.