 How's it going everybody, it's Stas here and in this video we're going to be talking about and breaking down the top couple of stocks and ETFs that I'm watching and looking to trade right now heading into the second week of December here in 2019. I also want to go over natural gas as it saw a ridiculous dump, 5% dump when the futures markets opened, as well as kind of recap what the stock market did last week in terms of the S&P so we can refresh ourselves going into this upcoming week and of course we'll look at the futures very briefly to see what those are looking like so we can determine whether or not we're going to have a green day tomorrow or a red day based on what they're looking like. So all I ask from you is if you enjoy the video hit that like button, consider subscribing if you want to see further content from me and if you want to be further connected with the StriveSmart community, the Discord group chats linked down below as well as that Facebook group. So guys, this is what we're looking at here for the S&P 500, it ended up closing up green $28 on Friday up 0.91% and you guys can see here on the 5 day 5 minute chart last week was kind of a roller coaster. We dumped on Monday, we dumped on Tuesday so two pretty large red days there then ultimately we rallied back on Wednesday, we saw that nice gap up consolidation kind of consolidated again on Tuesday or rather on Thursday before gapping up very aggressively and again closing up 28 bucks here on Friday. So kind of a seesaw day for the S&P and honestly all of the overall markets the Nasdaq and the Dow Jones but nonetheless very very strong close to the week and on the hourly chart we can see now we're trending above moving averages both the 50 and the 180 S&A and the EMA so this is a very good sign that the S&P is back in an uptrend right or rather continuing the uptrend the uptrend never really broke and yeah now we're looking like we could potentially hit that all time high maybe this week which is at around 31.54 and based on the 4 hour chart guys like I mentioned in Friday's video there still seems like there is some gas left in the tank on the S&P simply based here on the RSI right the RSI it's not extremely overbought which would be anything above 70 it's obviously not oversold which would be anything close to 30 and obviously below that it's kind of here at about 60 which if we ran up again hitting that all time high that would bring us to the overbought status and from there based on the RSI strictly we would potentially see a pull down so what are the futures looking like right now guys let's break down the ES the ES which is the E-mini S&P 500 futures these are currently down $4.75 here down 0.15 percent so they did not gap up green which tells me that we may be seeing a pull down hey we may be seeing a pull down down to that EMA maybe down to that 50 S&A and if this holds into tomorrow's session right the S&P's probably going to gap down a bit before hitting that all time high like I said at around 31.54 so we'll probably gap down rather sell off to maybe that EMA line maybe 31.35 at the lowest maybe 31.40 and from there based on you know if we hold that we could potentially run back up and hit that all time high right the NASDAQ right now down 12 points down 0.15 percent just like the S&P guys we're seeing a bit of a retracement after that very strong day that we had this past Friday that makes sense we're just cooling off a bit the uptrend is not breaking just because we're pulling down right it's simply a cool off period so I look to see do we hold this 50 S&A do we hold this EMA this green and this light blue line here these could be levels that we hold before we continue the uptrend maybe this week right the Dow Jones right now down about 34 points down 0.12 percent here just like the S&P just like the NASDAQ it's simply selling off a little bit it's retracing it's seeing a bit of a pullback right so that's kind of what the futures are looking like and if this does transfer into tomorrow's session that could indicate a potential red day tomorrow who knows guys especially if they do gap down even further let's say the ES is down let's say 10 points tomorrow morning maybe 12 that could indicate a further sell off tomorrow but let's say on the flip side this red doesn't hold let's say we simply pull down overnight let's say this happens the move happens overnight in terms of that pull down then we start to fly back up let's say tomorrow morning pre-market hours that could be a sign that we're turning green heading into the session on Monday so those are just a couple of things that I'm watching here in terms of the markets and I'd love to know what you guys have to think about that down below there in the comment section don't be shy let me know what your thoughts are on that so let's get into it in terms of individual stocks ETFs ETNs that I'm watching and of course we're going to start off here with natural gas guys slash NGF 20 so let's pull that up that is the natural gas on January's futures contract and now they are getting crushed guys like we mentioned you know earlier in this video and like you guys saw in the title these were down 5% they gap down I think as low as 6% which is insanity guys they're down 10 cents right now down 4.67% and if we go to that one day one minute chart you can see we gap down all the way to 215 and since that point we came back to 220 and now we're slowly starting to fill that gap up to about maybe that 180 SMA which would be at around 227 right maybe above that which let's not get ahead of ourselves guys we saw the massive dump we have to see what it does from here again maybe 224 225 before we do end up if we end up getting back up to the 235 level so now that we saw this massive gap down what are we going to expect tomorrow in D gas and you guys well it's a very simple answer to that question guys there's a very simple answer to that D gas is going to be up at least 10 to 12% in the morning if this does end up holding and let me show you guys what that could end up looking like so here we are at 155 natural gas down about 5% right so that means D gas will be up 3 times 5% so maybe around 15% right at the highest point if this holds that's where D gas will end up opening so expect maybe an open in the 180s to the 185s which is incredible if you were to hold this thing over the weekend which I'm sure somebody at least one person watching this video did hold D gas over the weekend if you did let me know down below in the comments but if you did you'd be up again around 14 15% if natural gas was to hold this gap down that it's holding right now and of course you guys on the flip side it's not going to be too pretty right it's not going to be too pretty it's going to be down that 14 15% and we may be breaking into the 7s guys believe it or not tomorrow morning we may be breaking into the 7s which is pretty insane considering a couple of days ago literally we were at about $15 per share and this really goes to my point it really reiterates my point of never holding these leveraged ETNs overnight and especially over the weekend because these are not meant to be held guys these are not meant to be long term investments literally go to the prospectus you can read it it's supposed to be a you know an ETN it's supposed to be a tool that you can day trade with it's supposed to be for that you know volatility throughout the day for day traders very advanced day traders to come in and capitalize that's kind of what these are meant for in terms of you guys and D gas and literally when people ask me guys should I hold this long term it's just not the goal of these and really you should do more research into that before even asking whether or not you should hold this long term because you'd get really you know crushed if you were to hold something like this you know that's completely down trending over the four hour you know chart and over the 180 day time frame that you're seeing here right so in terms of what I'm looking at I'm honestly looking at the potential rebound play on you guys I think that's possible right if you guys recall last time natural gas did this slash ng 50 or 20 rather it did this might it might have been last week no joke guys it might have been last week we saw that aggressive sell-off very aggressive we got extremely oversold and from there we were able to play you guys on that recovery right because everything that gets crushed everything that gets crushed it's going to recover back up and we called it last time it dumped down right so now that it dumped down again it's getting oversold yet again I'm looking to play something very similar right if we end up holding this little recovery trend that we're seeing right now as you guys can see right we're slowly starting to fill that gap that we just opened up you know if we continue this up tomorrow maybe to 228 229 who knows this could be a you guys play for tomorrow before ultimately testing this level again and either breaking out which would be bullish or continuing the downtrend and with the fundamentals being the way they are guys you know a lot of production compared to last year the weather in terms of natural gas here again a lot of production the weather right now is mild right it's not as cold so demand is not as crazy as it was last year you know with these fundamental factors that's leading me to believe that there could be some more downside here at least in the short term for natural gas like I've been saying over the past couple of weeks guys literally I've been saying this and I know you guys can attest to that if you've been following these videos so that's kind of what I'm looking for guys potential bounce back on you guys but ultimately in the short term here as long as we're having this mild weather I think there's going to be more downside in natural gas and yeah that's kind of how we have to play here in my personal opinion right and again do your research don't get stuck holding these that is very very dangerous I've been burned before trust me this is from personal experience here I've been crushed holding these in the past that's how I know and that's why I'm telling you guys especially if you have not held these for a long time save yourself the money don't do it so let's talk about some other stocks here ticker symbol NVDA is one we pulled down nicely 220 down to this 180 SMA we're holding this higher low and this is doing pretty well really because the markets have been recovering right so this seems like it's really because the markets have been recovering that Nvidia is also recovering and you'll notice that once you do research and at you know through a bunch of different stocks you look at a bunch of different stocks you'll notice how some stocks don't really go with the market market does well you know a certain stock could go down right market does poorly a certain stock could go up a lot of the time you know Tesla stock was one of those stocks right the markets were getting crushed last year I'm sure a lot of you guys remember you know Tesla stock was going up during that time which is pretty crazy right so that's something to consider here that Nvidia and a bunch of other stocks too right they're going up now because the market has been rallying up so if this market does not turn green tomorrow let's say we sell off aggressively like I mentioned earlier on in this video if that scenario ends up playing out there's a good likelihood that Nvidia ends up taking this hit it gets rejected by that 50 SMA and I'll probably won't trade it at that point but hopefully if these markets turn around in this week you know I think Nvidia could be a potential play especially if we break that 50 SMA and end up going back to about 220 which like I've mentioned before in previous videos you know that's a nice 3-4% potential for profit on Nvidia on this dip so I'm watching that one Netflix is a similar stock and you'll notice a bunch of these stocks are similar they've all come from dips or they've all dipped over the past couple of days because again the markets have dipped so Netflix has gone down from 316 down to about 300 bucks we're holding that higher low beautiful uptrend being held here and that 180 SMA now I'm looking to see whether or not we break that 50 SMA to potentially fill the gap up again to about 316 bucks where we got rejected a couple of days ago and I'll I think that's possible so I'm going to set an alert at $310 here mark is at or above $310 we'll create that right there so if we break that guys that's going to be a nice 2-3% fill and like I've been talking about on these videos you know anything above 315 on Netflix could be a breakout to about 340 bucks guys because you can see we sold off aggressively down from 380 down to about 308 opening up that massive gap which is you know part of the gap that could be filled from again 316 up to 340 which is around a 6 to 7% margin of profit so Netflix that's what I'm watching right there at the ticker symbol ATVI this is another one that's on the brink of a breakout if we break above 56 bucks here guys on the one year one day you can see that from 55 or 56 rather up to 62 which is the next resistance that's around a 10 to 11 percent margin of profit which is crazy right a lot of these video game stocks have been crushed now they're finally recovering right you have EA sports what's the other one TTWO you know these stocks have been crushed take two this one actually recovered quite nicely at V is not actually really you know it's not at that huge recovery point quite yet like take two and EA it's really not there either right this one slowly recovering as well so video game stocks I'm liking EA right now I'm liking ATVI as potential comeback plays here and some other ones that I have on this list here are the payment stocks I like the payment stocks here as well PayPal being one like I've mentioned over the past couple of weeks and especially since it's taken a hit ever since it acquired that honey company honey H-O-N-E-Y not not H-U-N anyway that's that's a different ticker but from 108 down to about a hundred and four dollars you can see ever since they acquired honey you know that's about a three four percent sell-off there and on the four-hour chart seems like we're holding that 180 SMA at a higher low right so the trends holding we have that margin of profit open now all I'm looking for is that breakout kind of you know of this little wedge that we're seeing here I guess you can say it's kind of a weird little pattern you know it could be an ascending triangle as well if we break that that could be a trigger to buy here on PayPal I'm liking MasterCard as well MA this one doesn't have a you know the most margin of profit but I think if we break 295 this thing could potentially break out even higher maybe hit an all-time high at 300 bucks and visa visa's another payment stock I like 182 doesn't have a lot of margin up to 187 but still about two three percent that is definitely worth watching so another one that I want to talk about is Chipotle Mexican Grill ticker symbol CMG this is one that I swing traded a couple of days ago or rather two weeks ago actually from about this level up to about 816 now I'm looking to re-enter as the trend is still pushing up so I kind of want to ride this trend especially if we break 830 because from 830 guys we've seen that break multiple times and mostly every time that we've seen that break we filled up to 860 bucks which is around a 2 to 3% profit potential for Chipotle Mexican Grill so before we get into the second stock guys I want to let you all know very quickly linked down below there's a weeble link where if you click that link and sign up you actually get two free stocks valued up to $1400 once you deposit $100 into the account so if you want free stocks if you want some free money hey go use that link that's linked down below now let's talk about the next stock which is going to be Tesla guys I believe ticker symbol TSLA let's take a look at that so from 360 down to about 330 that's where we pulled down you know pretty much after that Cybertruck release and about an 8 to 9% profit margin was open so I say I think personally guys Tesla has a shot to get back to $360 per share especially if we break 340 this upcoming week we're already teasing what that 50s may here breaking above we kind of already did right we closed above that and the EMA but I'd like to see a further push up into 340 bucks and this is where I'm looking to add more money to my existing swing position on Tesla let's say that doesn't happen let's say we end up dumping I'd probably cut my losses if we break 328 and especially I'd be out of the position completely if we were to break 320 bucks and I honestly think that if we break this 180 SMA there could be a bigger gap down on Tesla but I'm not bearish right now guys I don't really think that's going to happen you know I got a comment the other day that you know people think I'm crazy that I'm holding Tesla shares right here and the truth is I don't really think it's such a crazy thing guys because we've had a lot of good news a lot of catalysts here that are pushing Tesla stock up I'm looking to ride the momentum and sure there are risks swing Tesla stock which is why any smart trader will use a stop loss right or a mental stop loss and cut when it hits 2-3% in the red right so I'm not crazy I think because I'm managing my risk right I'm not in with a lot of money right now I'm looking to add more money like I've mentioned when we break above 340 and let's say it doesn't go my way which could happen right who knows I'm not the best trader in the world I don't get everything right nobody does right I'll just simply cut my losses it's not a big deal whatsoever there on Tesla ticker symbol TSLA so another one that I want to talk about here is Roku then we'll end off the video with gold here guys so Roku's an interesting spot here we could potentially be forming a head and shoulder here which could be an interesting move for someone looking to short the stock and that would happen if we were to break and kind of dump below this 140 support and this 180 SMA support here on the four-hour chart so let's say we were to sell off to 120 bucks 130 you know maybe all the way down to 110 that would obviously be the completion of that right shoulder right on this little head and shoulder that's forming and that's kind of what the bears want in this situation right but if you're a bull you wanted to hold 140 obviously you wanted to hold that 180 SMA at a higher low and you wanted to break that 50 SMA so if I'm looking to go along here guys I'm definitely looking to enter at 150 as we pop above that 180 SMA initially then maybe add more money once we break that 50 SMA at about 155 that's kind of what I would do if I was looking to go along on Roku and I definitely see it returning back up here honestly guys especially if we see a huge momentum push we've seen it in the past where Roku just absolutely crushes it for days and days and days in a row and that could definitely happen here yet again especially on this pullback I think whenever Roku pulls back it's definitely worth watching so gold is another one that I'm always watching right we can see that it's clearly down trending we didn't break out of that 180 SMA mostly because the markets did quite well so if these markets continue to go up expect gold to sell off a little bit more to be a bit more weak but if we end up popping here guys if these markets end up getting rocky which could definitely happen here leading up to that December 15th date which I should have mentioned in the beginning of the video but that's huge the trade war tensions right now between the USA and China if Trump pushes back these tariffs that are scheduled on the 15th that could be a good catalyst for the markets right if these tariffs go into effect we get some rockiness in trade that's going to be very bad for the markets in my opinion right and that's where gold will come into play guys this is huge if we get the tariffs in more rockiness again that's where I'd see gold popping above that 180 SMA breaking out right and we'll see a good move in Jnug at that point which goes up whenever GDX goes up which is really just an ETF that tracks gold right so Jnug I'm watching this one for that potential breakout on gold and it's always good to watch gold guys watch gold watch it especially when the markets are at all time highs you can hedge with gold if you believe in that strategy right in one way that I hedge in my M1 finance portfolio which is also linked down below is by investing in GLD which is simply a gold trust ETF so that's kind of it and obviously I'm watching the market ETFs as well this week if the markets get rocky you know SPXS shorting the S&P that could be something I do you know SQQQ shorting the NASDAQ that could be something I do as well so these are some that I'm watching and TVIX for volatility and UVXY for volatility as well and also one more thing about you guys I forgot to mention we may get a reverse split here guys we may get a reverse split kind of like what happened to TVIX a couple of days ago right you guys remember TVIX was like five six bucks now it's 63 bucks that's because it did a 10x reverse split right so that could end up happening to you guys if it does get to a lower price and of course I'll monitor that for you guys on the channel and let you guys know so that's pretty much it for this video if you enjoyed it feel free to go down below hit that like button and consider subscribing if you want to see further content for me and again if you want free money if you want two free stocks that Webull link is down below hit that link simply put in a hundred bucks and you'll get two free stocks valued up to 1400 bucks so I'll catch you all in the next video oh and the StrifeSmart discord Facebook that's linked down below as well hope you all did great hope you all kill it in the markets tomorrow peace out