 What is going on everybody? It's Stas here. Welcome back to another video. So in today's video, we're going to be talking about and taking a look at the top couple of stocks and ETFs that I'm personally watching and looking to trade here, heading into the second week of July in 2019. And typically every single Sunday, I'm uploading a video like this, taking a look at stocks and ETFs that I'm watching, outlining my plan for the upcoming week, and the whole entire goal of these Sunday's videos, these Sunday videos is for you to be able to maybe take some of this technical analysis and apply it to stocks and ETFs that you're watching. And one thing that I want to say here, guys, is do not trade any of these stocks, any of these ETFs based off of my opinion. If you see value in them, if you understand them, if you do your own due diligence on them, sure, go ahead and trade them. But if you're just blindly trading them because I'm talking about them in these videos, that is very, very bad. The whole entire idea of these videos is for me to instill technical analysis skills into your minds for you to go out and do this stuff on your own and truly understand it, do research on companies and buy and profit on your own, guys. That's the whole entire idea. So if you like content like this and you haven't yet subscribed to the channel, hit that subscription button, hit that notification bell, drop a like on this video. If you do enjoy it, and let's just get right into it, guys. So about 28 minutes ago, the futures market opened. So let's take a look at what is going on as of right now, starting off here with the S&P 500. The S&P 500 is currently up $2 up 0.07%. The E-mini S&P index futures here, they typically open up 6pm. They do open up 6pm Eastern Standard Time. And let's take a look at the NASDAQ very quickly. The NASDAQ is up $3.75 right now, up 0.05%. And the Dow Jones future is up 16 points right now, up 0.06%. And notice how they're not really up a lot in terms of percentage or dollar value. But all of the indexes right now, all of these futures, they're holding the 50 simple moving average support, which has been a support here over the past couple of weeks on the 180 day four hour chart. So that's a pretty good sign that the markets dipped. They're holding a higher or low on the 50 SMA support. And we may be heading back up tomorrow or for the rest of this week, right? Take a look at the Dow. You can see we're holding that support right now. You know, if we go back to the ES, you guys can see we're holding it on the S&P, right? On the ES. And if we go to the NQ here, the NASDAQ futures, you guys can see we're holding that same 50 SMA. So that is a level that I'm going to be watching heading into tomorrow. And let's say we gap up, let's say the futures here are up 0.3, 0.4, 0.5% in the morning, an hour or two hours before the market. What that tells us is that the bounce on that 50 SMA has been confirmed. And we may be pushing green tomorrow, right? As of now, the bounce really hasn't been fully confirmed yet. We're still trading under some resistance levels here for the NQ at about 78, 80. And if we break that level tomorrow morning, again, if we gap up, that's going to be the full confirmation that I'm looking for, right? The ES, same thing. You know, we're holding it, we're holding the support nicely, but we fully haven't confirmed the pop. All we need to do is really just see a 0.2, 0.3% pop here for that uptrend to continue in my personal opinion. Same thing with the YM here. You know, the Dow Jones futures, we're holding it, but we're not fully seeing the pop up that we want to see for the continuation of the uptrend. So now that we got that out of the way, let's very quickly take a look at the S&P's performance over the past five days, over this past week. And we did have a short week of trading last week due to 4th of July. And I hope all of you guys had a great 4th of July weekend if you do celebrate that holiday. But if you see on the five day five minute here, straight up uptrend for the S&P 500, the 180 S&P has been acting as a support, higher lows, higher highs. We closed on a nice little upswing here on the past day of trading. We pulled back, we're holding that 50 S&P support at a higher low. Now all we need to see in my opinion is a pop into the $3,000 level and a hold on top of that old resistance as a new support. But one thing to keep an eye on here guys is the S&P is a bit overbought when it comes down to this RSI. You guys can see the relative strength index here when it's above the 70 threshold, which is this top yellow line here. That means it's overbought. So honestly, I wouldn't be surprised if let's say we popped up to another all-time high, then we pulled back and we retested maybe 2960, 2970 to hold those levels, old resistance levels as new support levels, right? So I wouldn't be surprised if we pulled back a bit, held that, brought the RSI down to a healthy spot. Let me know what you guys think about that. I would love to know. And again, if we see a big gap up tomorrow in the S&P futures, or if we see a big pullback, if we see a pullback, we may be getting that pullback where the RSI will come down and we'll see if we retest this level. So just keep an eye tomorrow, guys. This is what I'm doing as well on what the futures are doing. Very important in seeing which direction we're going to be going in in the morning. And from there, we will be able to plan our trades, right? But for now, we're just going to analyze these stocks, analyze these ETFs that I have on my little notepad here with what the market is looking like right now. So without further ado, guys, let's just hop right into it. Now that we got that little market update out of the way, LABU is the first ETF that I'm personally watching here. And this is an inverse ETF that trades based upon SPS-IBI, which is an S&P biotechnology select industry index. And notice how the trend for this biotech index has completely changed over the past couple of trading days. And whenever this goes up, LABU, which is the ETF that I'm watching, is going up in price as well. So notice how the 50SMA and the 180SMA on SPS-IBI, those levels have been acting as resistance points over the past couple of months. We saw the sell-off from $72.90 all the way down to $6100, a pretty sizable correction there, where again, the 50 and the 180SMAs were resistances. But notice how we broke out of that 50SMA, making it a support, holding that level on a higher low, really just continuing and starting this uptrend. And now recently, we broke out of the 180SMA, which was the last level of resistance for the SPS-IBI index until we really got into a full-on reversal uptrend pattern here. Right? Notice how these are some resistance levels coming up. We have $71.75. We have about $69.30 here. And in my opinion, this pullback, and we can see it even better on the 20-day one-hour chart, this pullback is a healthy little correction. Bring down the RSI. We notice how we're still trading above the 180SMA here. We are dipping a bit below the 50SMA, but I personally think that if we hold this level that I just drew out for you guys, $67.80, which is an old resistance, now a new support. And if we also hold that 50SMA heading into tomorrow's session, I really think this could be a gap fill from here back up to $69.30. And if we break out of that, that's just going to be the continuation of the uptrend. We may be pushing for a higher high at that point. Who knows? We may be getting back up to $71.00 if we break that level at $69.30. So SPS-IBI does have a lot of room to run in my opinion. And if that happens, we see LAB use holding the 50SMA nicely. We can definitely launch off of that and get upwards of 8% to 10% profit if we do get back up to $52.50 to around $53. So LABU, I'm really liking that. INTC Intel is one that I'm currently in right now with a small position. This is one that I personally like because we've been holding that 50SMA very nicely over the past couple of weeks. And just like LABU guys, we've been reversing out of this downwards trending pattern, which I really, really like. Notice how I've talked about this a bunch over the past couple of trading update videos. But for all you new viewers out there, notice how the 50SMA, we were clearly downtrending. And this moving average was acting as a resistance, very similar to LABU. We found the bottom at a previous support, $42.50-ish roughly. And from there, we broke out of the 50SMA. We're holding it as a new support. We're making higher lows, higher highs. We just broke out of the 180SMA a couple of trading weeks ago. We're seeing the bullish cross. All things are pointing to an upwards bullish reversal on INTC. I'm really, really liking it. And notice how we broke $49. We went up to this resistance at about nearly $50. If you guys can see it, pretty strong resistance from a couple months ago. We pulled back, opening up that margin of about 3-4%. We maintained that 50SMA. And since we're still holding it, guys, that's why I decided to continue to hold my shares of INTC over the weekend. And I'm in roughly at about $47.80. And I do plan on adding more money when, if we break above $48.50. And that is a bit of a resistance spot here. It is, guys, we got hit there on the third. We weren't able to get above it. We got hit there on the 27th of June. So I would really, really like to see it pop out of there. I'd add more shares. This is the ideal scenario, guys. I'd add more shares here. And then hopefully it fills the gap back up to $49.50 where I do plan on selling. But INTC, the second it breaks the 50, if it breaks the 50 moving average here on the 184 hour, I'm going to be cutting my losses. And, of course, I'll keep you guys updated on that. So another one is 3M, kind of in a similar situation as LABU and INTC. But this one, I'm a bit cautious about it, because it seems like we almost hit a double top, which is a bearish sign here on the 20-day one hour. It wasn't really a double top, because we did hit a higher high here. But I'm still a bit worried that we may be selling off even further here due to the massive dump that we saw, right? That's pretty aggressive here from 175 down to about 170. That literally happened. Was that pre-market? I think it was pre-market. It went from 175 down to 170. But the good thing is, and why I'm watching it heading into tomorrow's session, is that we held the 180 SMA here on the 20-day one hour. And that drop did get us about a 2% margin open. And 2%, you may be saying to yourself, that's absolutely nothing, right? But if you're playing with $5,000, $10,000, just think about $10,000, 2%, that's $200 profit on a pretty safe stock, which is 3M. And guys, not every stock really, no stock out there is completely safe. But 3M is one of those that is one of the safer stocks out there, in my opinion. But again, do your own research. Do your own due diligence. Don't just buy into that. And let's say you just had $5,000, right? A 2% would be an $100 profit, which in a day or two, who can complain about that, right? 2% is really good. And the whole entire idea of trading, right, is not to look at the dollar value. It's all about percentage, right? It's all about percentage. Because if you get the skills of just looking at percentage, you can plug in any amount of money into that. And if you develop this early, when you have a smaller account, and the bigger you grow your account, just think about how much 2% will gain you as your account gets bigger. If you're playing with $100,000, guys, 2%, that's a $2,000 profit. Now, who wouldn't want a $2,000 profit in one day, right, or two days? That's amazing, right? That's amazing. So 3M, 2%, not crazy, right? But the fact that we are holding this 180 SMA, it's looking pretty good. And if we're going back on the 180 day four hour chart, we did break the 50 SMA on this timeframe, which is a bit alarming, but we still are holding the 180. So let's see if we fill that gap back up to 175. Again, I'm going to be watching it, but out of the list of stocks and ETFs that I'm talking about here, this one might be one of my least favorite, but I still figured to throw it in because I am actually watching it, right? So you guys is the next one, which trades based upon natural gas, I'm sure a lot of you guys already know about you guys and natural gas and natural gas today. Actually, the futures again opened up about 40 minutes ago. This one gapped up yet again, guys. This one continues to move and continues to pop up and we're finally breaking out of this 180 SMA here resistance, which is very, very good because this level, you can clearly see it, guys, pretty much this entire year, it's been about seven months that we've been trending under this level. You guys remember when natural gas hit $4.60? People were saying, oh my god, it's going to go to $5. Well, since then, we've dumped and lost over half of the value of it. And we're finally seeing a bullish pop here. So the fact that we did gap up today as well, if we go to the 20 day one hour, you guys can see, we closed on the 5th of July at about, you know, 245 or rather 242, 243. We gapped up the highs of about 246 here. Maybe we continue this, but one thing that I am a bit worrisome about and one thing that I'm worried overall is it's very overbought at this point, guys. Literally in the past, it hasn't even been three full weeks. We've gone from 215 up to 246. That's about a 30 cent gain in natural gas, right? And on a percentage basis, that's a huge move. That's about 11%. And if you guys, you know, understand these leveraged ETFs, you know that this is a 3x leveraged ETF and it goes up three times what natural gas goes up, right? So that means this one's moved up about 30% in that same time period from the 21st of June. So, you know, that's putting this one an overbought status as well. So if we do cool off a bit, you know, on UGAS, maybe we cool off a bit on natural gas. Since, again, they're very overbought. This could open up an opportunity in DGAS, right? DGAS goes up whenever natural gas is selling off. We do see the consolidation here. Maybe we fill the gap up to these moving average resistances here on the 20 day one hour chart. For DGAS, that could be a 15, 12 to 15, 16% margin of profit there. That is very, very possible in my opinion. And from there, the beauty of ETFs, guys, you can hop in and out of these. So let's say we do get that cool off, we pop up, we profit on DGAS, we can shift our money to UGAS, if you know, we start to pull back and retest this level and hold that old resistance as a new support, which in this case are, you know, these moving averages, right? So we get that little retracement, it'll bring the R side down, it'll cool off natural gas. And from there, we can maybe re-enter UGAS. But one thing about natural gas, guys, is that overall, it's not fully out of the level of resistance here. We can see multiple times in the past where it's briefly peaked above the 180 SMA. And I'm worried that this could be one of those moments as well. We briefly peek out of it, and then we sell off even more. This could happen right now, which is something that's making me extremely cautious. And if you guys watch these, you know, I think you should be cautious as well. So the next one I'm going to be watching here is UWT. And this isn't the same situation, not really the same situation, it's kind of different. But UWT trades based upon crude oil. And if we take a look at crude oil right now, you guys can see the futures are up about 17 points here, up 0.3%. We're trending under this $57.50-ish, $57.75, $58-ish level of resistance, which was a resistance a couple of months ago. And the fact that we broke it, we, you know, that made it, we broke that support, that made it a resistance again. So right now, I'm thinking this pullback was quite healthy on crude oil after we saw a ridiculous run. We held the 180 SMA support here on the 184-hour chart, which is very good. Now, one thing I want to see is if we break this level, you know, if we break 57.60, let's say we get back to $58, and we pull back and hold this level as a new support, what I'm thinking could happen here, guys, is crude oil fills the gap again back up to $60, like it very easily did, you know, a couple of trading days ago. This is something that, if it happens, you know, UWT could have a ridiculous run. If you guys can see here, there's about a 5% gap to be filled from about 57.50 up to about $60 if it does fill, right? 5%. And remember, these are 3x leveraged ETFs. So if that move is made, that 5% gap fill, UWT is going to shoot up 15% roughly, right? With the decay, it's not really a big issue over a couple of days, so you don't have to really worry about that. But long term, you guys have to know that these ETFs do decay, but that's a whole different topic. But a short term move, you know, it should be 15%-ish if UWT does end up completing that move. And notice how the RSI dipped? We hit the bottom-ish, right, at about 39, 38 on the RSI. And from there, we're slowly starting to pop up and make higher highs and higher lows on this RSI level, which is very good. And notice how the one thing that is really surprising, not really surprising, but one thing that I'm watching here is the 180SMA resistance on UWT. If we successfully break out of that, if crude oil starts to fill the gap, that is going to be the bullish move that we need to see to get into UWT. So that is really one that I think can really do well this week if we start to pull, fill that gap and pull up, push up on crude oil, right? So AAPL very quickly, guys. Before I do wrap up this video, there's two more to talk about. Apple right now, we broke out of 200, very simple. This was a level that we've been talking about for a couple of weeks here. $200, we were struggling on under it originally, very strong resistance. We pulled back. We held that 50SMA nicely. And over the past couple of trading days, we've successfully broken out of that level. And now we're starting to trend in between this channel from 200 to 210. You guys can clearly see the price of Apple right now is $204. So if we were to successfully pull back, which is ideal here, in my opinion, for an entry point, let's say we pulled back, we retested $201 again, old resistance, now a new support. And at that point, we would be testing the 50SMA support as well. I think that could be a very good entry point for Apple, especially if the markets continue to do well, right? Let's say the markets continue to pop up S&P 3000, 3025, 3050. I think Apple is going to be pushing up as well at that point, right? But let's say Apple all of a sudden collapses, that's obviously going to have a lot of weight on the markets, the S&P, the NASDAQ, of course, and that could end up dragging down the markets. But as of now, it's obviously not collapsing. So we have to play it and really just play what the technicals are telling us, which is that it's bullish, right? So we get the pullback. Ideally, that would be a good entry on Apple. XOP is the final one. And it's kind of in the same situation as UWT, right? UWT is right under the 180SMA on the 184-hour chart. XOP is the same thing, right? So we're going to see, or rather, if we see a pop here, if we see a break out of the 50SMA, out of the 180SMA, this can be assigned to trade go long on GUSH guys, which is an ETF, another inverse ETF that goes up, excuse me, whenever XOP is going up in price. So very simple. GUSH has been doing well here over the past. Actually, no, that's not true. It's only been doing well for the past, I'd say day, really, the consolidation here at $6 is looking very nice. Actually, it was doing well. This is what I'm talking about, guys. It was doing well before this dip that we saw this past week, because you guys saw oil took a hit, XOP took a hit. So 767 peak, down where we are right now, this is a big margin here, guys, 18-20%. We're breaking out of that 50SMA resistance here. It seems like we did find a short-term support again. So watch out for this. If we're gapping up tomorrow, this can definitely be a good play, you know, an early morning play, maybe in the first couple of hours, especially if, let's say we end up consolidating here, take a look at this trend line. Let's say we consolidate, we maintain that 50SMA, and let's say we start to pop up tomorrow, heading into the market, you know, that's going to be a higher low from the previous. We're going to be really popping off that 50SMA, confirming another bounce on it, and that's going to be a pretty bullish move for Gush, in my opinion. So that's it for today's video, guys. If you enjoyed it, feel free to go down below and hit that like button. Drop a comment. Let me know what your plans are for this upcoming week. What stocks you're watching? What ETFs you're watching? Are we going to hit all-time highs? Let me know down below. I would love to know. And if you guys want to see more content from me, hit that subscribe button, hit that notification bell so you're notified every single time that I do make a video. Good luck this week, guys. Good luck tomorrow. Shoot me a DM on Instagram on Discord if you guys have any questions. And join the Instagram, join the Discord. Everything's linked down below if you guys want to be further connected with me. So I'll catch you all in the next video. Thanks again for watching. Peace out.