 What's up 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 heading into this first week of December in 2019 and I also want to break down with you all what the markets did last week simply by looking at the 5 day 5 minute chart here on the S&P 500 and I also want to show you all what the stock market futures are looking like right now because as most of you know every Sunday at 6 p.m. Eastern Standard Time the futures market opens so we can see you know what the S&P trading at the NASDAQ the Dow natural gas you know gold in terms of their futures and that's really important when planning the upcoming week and of course I'm going to be breaking down natural gas and Tesla guys like you read in the title so sit back relax if you enjoyed this video if you find value in this video simply go down below hit that like button for me and consider subscribing if you want to see further content for me and if you want to be further connected with the StriveSmart community the discord link is down below as well as the Facebook group and I'm still running a 20% black Friday merch sale on the merch which is linked down below as well StriveSmartStore.com is the URL so guys let's get into it here talking about the S&P 500 very quickly to get an idea of what happened last week and last week's session so we can see here on the five-day five minute it was actually a pretty green week throughout the entire week up until Friday when we saw that retracement of about 0.4% down about $12.65 on that day so you guys can see you know we were pretty much higher every single day and then we gap down and if we pull back to this 20-day one-hour chart it makes sense because the S&P it seems like every single time it gets a bit overextended it pulls down it retraces it sees a healthy pull down to that 50 S&A which is this green line here on the hourly chart so the fact that we're pulling down makes sense and honestly guys maybe we pulled down to test that 50 S&A but judging on what the futures are looking like right now I don't know if we'll get that it seems like the S&P and the markets in general want to open up green tomorrow based on these futures and based on how quickly they're moving up here since 6 p.m. Eastern Standard Time so let's actually talk about those futures now that we got a quick understanding of what happened in this past week's session if we look at the ES the E-mini S&P 500 index futures this is up $8.25 right now up a quarter of a percent 0.26 to be exact the NASDAQ right now guys is up 26 bucks up about 0.31% so that's a nice gap up and the Dow right now is up 0.27% up 75 points so the futures in terms of the three major markets that I track and I personally cover on these on this channel they're up between 0.25 and 0.3% and that's a really good sign guys because if this holds into tomorrow's session what is that telling me well that's telling me that this was simply a dip and we're going to be gapping up from this point this point on the S&P and we may be going to another higher high which in turn would be an all-time high right and that's pretty much how it's going to work out for the Dow and again that's if these futures hold up green right the Dow's probably going to be doing something like this tomorrow if these futures you know hold green and the markets push green throughout the entire day and of course the same thing for the NASDAQ as well so that's kind of the rundown of what the futures are looking like what happened in these past five days in the market now let's get into what natural gas is doing then we'll talk about some other stocks and ETFs that I'm watching right now for this week in December starting off this month strong so if we pull up NGF 20 which is the futures of the January futures here on natural gas they're up almost 7 cents right now up almost 3% and if you guys haven't been paying attention to what natural gas has been doing actually this has been the craziest couple of days for natural gas if you guys haven't been paying attention which is insane and let me show you guys what I'm talking about in terms of that over the past day two days couple of days natural gas has seen a cliff dive right it's gone from 255 and then on Friday in particular it went from 246 roughly all the way down to about 227 it saw a drop of what was it like 8% you know you guys was down 22% for that day it was just a complete bloodbath right and in yesterday's video I believe the video I uploaded on Saturday I talked about how there's a good chance in my opinion that you guys was going to be a solid recovery play this week right maybe on Monday Tuesday in the beginning of the week I was thinking it's going to be a nice recovery play because natural gas got extremely oversold guys if we're talking about the RSI on this thing look at that so oversold literally at the bottom of this chart the RSI was at like a five so that's ridiculous right all these red candlesticks really no green candlestick in sight and typically when we're seeing stuff like this in terms of a pattern that's falling falling falling falling eventually it's going to find a bottom and rally right and that's exactly what we're doing right now in natural gas and I think if we break this EMA this light blue line here this could fill up the gap to about that 50 SMA and from there we either continue the downtrend or we break out which would be great for you guys so how am I playing this right now honestly guys I'm looking for that EMA break here you know on this hourly chart for these January futures on natural gas if we get that EMA break I could see upwards of 2 to 3% upside for natural gas giving us that nice fill on you guys up to that 50 SMA probably giving us about you know maybe a 12 to 15% move on you guys which again goes up whenever natural gas is going up so that's kind of what I'm looking at now for natural gas and based on the futures action that's kind of what I'm pulling away from this right and some levels that you should also be watching on natural gas at this point you know it's going to be that 50 SMA for potential rejection on natural gas and maybe a further upside for D gas at that point because we've been talking about how the demand for natural gas at this point in time it's not really too great right and we have a ton of production a lot more production than we had last year which is why these prices are low right now right we had a lot of production right we have a lot of production rather and not enough demand so that's kind of a recipe for low prices in natural gas and that's kind of why we we're getting these low prices and why we've been getting these low prices so you know if we get this pop again like I said if we break out you guys will be the play if we get rejected and fall down this would be a great dip on D gas right ticker symbol DGAZ which is on fire so tomorrow morning maybe we dip down to 150 here test that triple top resistance as a new support from a couple of weeks ago this could potentially be a good entry on D gas maybe about 150 155 bucks let's get that R side down to a healthy spot that could be somewhere where I'm entering right and on you guys again we're looking for their recovery play it should be gapping up tomorrow morning if this ends up holding in terms of the gap up on the natural gas futures so let's break down Tesla now that I got my little spiel on natural gas you guys and D gas out of the way Tesla is another one that I talked about I believe on Saturday's video and on Thursday's video because I missed an upload on Friday and Tesla's one that ran the 360 right we saw their Cybertruck unveiling we saw how many you know signups we got in the first weekend I think it was like 175,000 maybe 200,000 or something like that and ever since then guys you know Tesla stock has gone from 360 down to about 330 dollars per share and what did that do that pull down opened up an 8% margin of profit and honestly me personally guys I'm being honest here I don't really see Tesla retracing too much at this point right I don't think we're going to see Tesla in the short term at least dip all the way down here to 260 to 280 I just don't see it happening honestly so I'm viewing this dip and any dip at that matter as an attractive entry point from now in the short term from now over the next couple of months I'm viewing dips like that as an entry for a swing right so we got the dip again 8% and now we're starting to see some consolidation at around 328 to 330 bucks so a couple of things could happen here you know we could break 330 maybe go down to about 320 bucks and at this point like I mentioned in my previous video I'm looking to add shares of Tesla on this support because you can see it's a pretty strong level of support it's an older resistance from back in the end of October so 320 bucks I'm looking to add shares there but let's say we hold 330 tomorrow you know and we break the EMA that's also going to be a bullish sign in my opinion to add some shares you know if we break that EMA on that on that other time frame what was that the four hour chart you know break the EMA on the four hour chart go to the 20 day hour chart you know we break that 50 SMA that's kind of the the combination of indicators that I want to see before entering into Tesla so I'm watching Tesla this week guys I'm really liking it ticker symbol TSLA the next doc that I want to talk about in this video is going to be at the ticker symbol ATVI this is another one that's looking quite bullish we're getting a bullish cross here on the hourly chart the 50 SMA crossing above that 180 SMA we're seeing some price at price action getting us to that $56 level and if we zoom out to the four hour chart you guys can see anything above 56 we really haven't breaking above there quite yet right we haven't broken there quite yet and I really see this level if we break it I see this as a massive breakout for ATVI and I've been talking about it over the past couple of weeks on the channel and I'm simply waiting for it if we get it I think this thing can have a ton of potential to run more to the upside because you can see guys the next resistance is at about $62.43 which is about 12% and more like 1011% higher from this $56 level so that's a serious gain there if you're looking to swing trade and if you're more of a swing trader just look for that break guys I think if we break this this thing can definitely run especially if we get some good earnings next quarter revolving you know the call of duty game that came out as it's been doing some record numbers from what I've been seeing in terms of my research so ATVI I'm loving that one guys I think it's worth watching gold here at this point too markets at all time highs I think it's worth watching gold and more in particular GDX which is an ETF that trades based upon gold right GDX which is the Vanick Vectors ETF Trust Gold Miners ETF and what trades upon GDX that I trade a decent amount and actually haven't really been trading recently but I have in my past is J Nug and JDST right J Nug and JDST J Nug goes up whenever gold is going up right whenever GDX and more specific is going up so I'm gonna be watching J Nug here we had a nice 7.5% move this past Friday as the markets did see that correction so if we see a correction in the next couple of weeks who knows guys you have to have combinations of trades for any type of market whether we're going up or down so I think it's worth watching J Nug here you know if we end up seeing this leg up if these markets end up correcting right so J Nug goes up whenever gold is going up right but JDST is going up whenever gold is going down so let's say GDX let me pull up GDX for you all to see this chart again you can see this is a clear downtrend right and each time we've tested the 180 SMA in the past we've gotten rejected so let's say these markets push up which based on these futures they're looking like they're going to push up this most likely will dump right because gold will most likely go down if these markets continue to go up as it's been going down over the past couple of weeks as these markets have been going up right so we get that dump you know the gap down on GDX below that 180 SMA we get that rejection that's going to be perfect for JDST guys right we could end up getting a play here back up to maybe 16 bucks eventually maybe up to you know 15 bucks which does have about 10 12% potential for profit in this tank in the store there and I'm really liking that so another one I'm watching here guys is going to be ticker symbol NIO also known as NEO right so NEO we were talking about it in last week's video but I believe it was on one day or Tuesday when it was trading at about two bucks per share right I was talking about how this $2 break this resistance break was quite bullish and it had potential to get to 240 which was that previous resistance so fast forward a couple of days it ended up doing that we actually did not break out of that 240 250 level we actually got rejected we retraced down to about 227 giving us about a 9% profit opening from that pull down and the positive thing that I'm seeing here is we're holding that 50 SMA and it seems like we're closing we closed rather quite bullishly is that even a word bullishly yeah you guys know what I'm saying we kind of close bullishly add that to the dictionary guys if it's not already a word we closed bullishly because we saw a nice consolidation and we kind of got this little pop going after hours so this is worth buying not buying this is worth watching for potential dip buy in my opinion just like Tesla it's kind of in the same boat right Tesla this could definitely be a dip buy but I kind of want to see the pop first like I mentioned NEO kind of the same thing right we dipped now I just want to see the pop if we get that pop the 230 maybe 235 that's where I'm looking to add a position and maybe my swing account so I'm going to do a alert here on NEO at is at or above 235 perfect we'll create that there we go the next stock I'm looking at is Netflix guys this is one that you know if we go to this four hour chart it's kind of been rallying quite aggressively since this 252 bottom it's up about 20% which is quite impressive and such a short time honestly for Netflix here NFL X and we can see it's about to test that 315 level 320 level that resistance which really last time we tested it we failed miserably we fell all the way down to 268 so I think if we break out of 320 at this point this could definitely see potential back up to about 335 to about 340 bucks right so I don't know if we'll get the straight-on pop from here we might see a retracement first to that 50 SMA bounce on that you know get this R side down a bit get that bounce on the 50 SMA and then maybe we test 320 and honestly if that happens guys I might add a swing or an initial swing position here on 305 at 305 maybe 310 on Netflix and then add a bit more if it breaks above 316 to about not 316 more like 320 bucks is where I'd be comfortable adding more money if we do get that dip on Netflix but if we straight up just blow by 220 or 320 rather tomorrow that could be an entry point you know on the breakout so Netflix I'm watching that NFL X and video is another one that's kind of in the same spot as Netflix we're right at our resistance and the next level that we could get to if we break this resistance is quite a ways away which gives us as swing traders that profit potential so about 15% could be made if Nvidia goes from 220 up to 250 bucks is that going to happen guys in the short term I have no idea right that's a massive massive push and the truth is if I'm looking to swing trade in video now I'm honestly not looking to get that whole 12% I'd be happy if I got in at 220 sold at even 225 230 for that quick little profit and I think that's possible again if we see that full-on breakout into the 220 level because that's kind of getting us in this whole new channel in this whole new zone on Nvidia stock so we can see here you know we struggled a bit this past week so this could really be setting up for a beautiful breakout this week just keep an eye on it this one's been hot guys this stock has been really really hot if you look on the four-hour chart let me pull out a bit here guys I don't know why it's not working here we go you can see from 130 guys it was that in the beginning of June all the way to 220 here that's got to be a gain of around like 60% at the end of the day yep about 50 60% from that bottom point to where we are now that is insane so Nvidia definitely worth watching Home Depot is one that I'm currently involved with they reported earnings they lowered their guidance the stock didn't like that fell from 240 down to about 217 opened up about a 10% margin of profit I love swing trading blue chip stocks I know a lot of you guys know that already and if we look at Home Depot pull up this one-year chart you can see this is simply a retracement in the stock each time we've pulled down you know we've held this nice beautiful trend line we've held that 180 SMA we've held the 50 SMA although we didn't hold it this time we're still holding that 180 SMA you know this is looking quite attractive in my opinion I'm in at about 220 I'm kind of at a break even spot right now I'm looking to add more money if we break this EMA to the upside on the one- year one-day chart if we zoom up to this 20-day chart you guys can see if we break the EMA on this level too I'll add more money and ultimately I'm looking to get out of this stock guys at about probably 230 per share you know that'll be a nice 3-4% profit on Home Depot if it does end up filling up there so that's kind of what I'm looking at for this one and to end off the video I think it's always worth watching these marketing ETFs guys again these markets are at all-time highs who knows anything could happen at this point let's say we don't come to a trade agreement by December 15th let's say something crazy goes on with the Chinese the trade war with China and in the US if something goes down this market could fall in a jiffy right and you need to know how to make money when the markets are going down obviously most people know how to make monies when the markets are going up but when it's going down I get a lot of questions like how do you make money when the markets going down what do you do the truth is these are some of the ETFs I trade you know TV IX haven't really touched this one in a while guys honestly but this is one that it goes up when there's volatility in the markets and whenever the market is selling off another one that I like trading when the markets are selling off and specific the NASDAQ is the sqqq ETF this is a leveraged ETF that goes up whenever the NASDAQ is selling off and let's say you want to trade something in specific to the S&P let's say you don't want to trade sqqq for the NASDAQ let's say you want to trade something for the S&P you know SPX S goes up whenever the S&P is selling off so there's a bunch of options right you know if you want to play the bull ETF there's inverses to these you know SPX L goes up when the S&P is going up you know TQQQ goes up whenever the NASDAQ is going up and I don't know if I have it here yes I do TQQQ so these are a couple of you know tools that I have in the toolbox that I pull out when these markets are selling off and I try to make profits from these ways of trading being these market ETFs so I hope you guys enjoyed this video if you did feel free to go down below hit that like button consider subscribing if you want to see further content for me and if you want to be further connected with the Strive Smart community the discord link is down below the Facebook group link is down below and don't forget I'm running this drive smart merch Black Friday sale right now as well which is 20% off that's linked down below StriveSmartStore.com is where you can get the merch so I'll catch you all in the next video thank you all for supporting it means a lot to me peace out