 What is going on, everybody? It's Stas here. Welcome back to another video. So in this video, we're going to be doing an overall market update looking at the Dow Jones, the S&P 500, and the NASDAQ. And we're also going to talk about two trades that I made today on the 11th of December in 2018. But before we do talk about those topics, for all you new viewers out there, my name is Stas, and I make videos dealing with swing trading, day trading, long-term investing, and my personal philosophies and strategies when it comes down to investing and trading in the stock market. So for those of you guys that want to learn more about that, feel free to drop a like, leave a comment, and subscribe. And follow me on Instagram, as well as on Twitter, and join our Discord group chat, as well as our Facebook group. All of those are linked down below in the description box. And if you guys want to be a part of a very helpful community, join that Discord group chat guys. We have about 330 people in there talking about stocks, trading, investing, news, strategies, and just networking with each other on a day-to-day basis. And it's been very helpful, guys. I love the way that this community has really grown to just help each other become the best possible traders and investors possible. So again, if you guys want to join those communities, they're all linked down below in the description box. I'll see you guys in there. And let's get started with today's video. So just like the market has been over the past couple of weeks today, what's pretty volatile as well. So let's just take a look at the three major indexes, like we do in every single video starting out with the Dow Jones. So in terms of me saying it was pretty volatile today, we opened up about 300 points, about 350 points in the green in terms of the Dow Jones. And we can see that right here. We closed that about 24,400 yesterday. We opened up about 350 points in the green. You can see it right there under the percent. We were up about 1.41% in the Dow Jones when the market opened. So that was a pretty good sign, guys. And it was a good sign from yesterday because we did end off on a very solid uptrend yesterday. But we noticed that from this opening point, it was straight down trend all the way down from $24,800, guys, pretty much all the way down to about $24,235. So yet again, another 500 plus points swing in the Dow Jones. And this index, guys, has been doing this pretty much every single day, it feels like over the past couple of weeks. I know that's a little bit exaggerated. It probably hasn't done that every single day. But I can guarantee you that 80% of the past two trading weeks, I would say, we've had 500 points swing in the Dow, and we've had ridiculous swings all across the major indexes. So this really didn't catch me by surprise. So the fact that we opened up here and I noticed that it was pushing down in price early on in the market, this really dictated what I traded today. And again, we're going to talk about that in a little bit. So stay tuned for that if you guys want to know what I was able to trade today. If you guys are in the group chat, you probably already know what I did trade today. And a bunch of other people did very well actually with this ETF. So we pretty much opened up 350 points down trended from there, found the bottom at about 2pm with two hours left in the overall market. And then we popped up, ended up closing the day minus $53 down about 0.2%. So in terms of yesterday's close to now, we only were down 0.2%, down 53 points, and pretty much closing the day on a break even note. But the fact that we opened up plus 400, and we down trended for most of the day, that opened up some pretty good opportunities that I and a bunch of other people, like I said in the group, were able to capitalize on. So that is what I'm looking at in terms of the Dow Jones. But if we look a little bit on this further picture, guys, like I've been talking about, this index is trading in this downwards trending channel. Officially, it's trading in this channel, guys, since we were able to break this $24,500 support, which I talked about in yesterday's video, when we did break it to make a lower low, which was the necessary move for this, you know, downwards trending pattern to continue and for it to play out in this channel that we're looking at. So I wouldn't be surprised, guys, if we did push down a little bit tomorrow, we're heading into, you know, later on in this week towards the bottom of this channel. And from there, if we bounce back up towards this 50 simple moving average, which is, you know, which has been a resistance in the past, we notice it here, we notice it here. So, you know, if we did push down maybe to the low 24,000 range, probably like 24,000 even, and then started to push back up, you know, I wouldn't be too surprised in terms of the Dow Jones. Now that we got a good understanding of that, let's take a look at the S&P, guys. The S&P is one that's trading in a more horizontal pattern. And I've been talking about this in every single video. The Dow Jones is more, you know, if we look at that chart that we just saw, it's making more lower lows, you know, lower highs than the S&P, you know, the S&P has pretty much been trading between this 2630 support and this 2800-ish resistance point. So, this one's more in a horizontal pattern. And, you know, the fact that we were able to be flat today pretty much only down 94 cents on the close, you know, this support level is still valid from what I can draw out out of these technicals. So, if we take a look at the one day to see what we opened up, you know, we opened up about 1.5%, you know, 1.2% in the green from yesterday's close up about 32 points here. And, you know, we noticed it was really flat, you know, pretty much up until one hour into the market. And then we saw that big break below this support. And again, this is where I was trading that magical ETF that I trade all the time. And I'm sure all you guys know what I ended up trading today. But the fact that we broke this really gave me further confirmation to trade what I did end up trading. So, S&P guys on a broader perspective, we are holding that support. So, keep an eye here. If we're able to reverse and start to push up, that could be a good indication to place some large cap stocks, potentially some market ETFs that go up with the overall market like TQQQ, you know, QQQ. Those are two good ones that we've been trading, you know, a good amount recently when the market was in rebound mode, when the market has been pushing up in price. And, you know, it hasn't been much recently guys, but we can see there is opportunity to play large caps and those, you know, market ETFs that go up in price when the overall markets are going up in price. But we just have to time it correctly. And, you know, pretty much hop into the opportunities that the overall markets are giving us, judging off of the technicals that we do see here on the S&P, the Dow and the NASDAQ. So, S&P pretty much flat on the close, you know, NASDAQ today. Apple was actually shooting up in price. I think it was in the 170s today, which held the NASDAQ in the green for a little bit. But, you know, as Apple started to sell off, you know, I think a bunch of other tech stocks were selling off as well. You know, the NASDAQ was pushing down in the red. And we can see, based off this 180 chart, guys, there's a clear resistance under this 180 simple moving average. And I've been talking about this in a lot of my previous videos. And, you know, we've gotten rejected there once again. Was this actually today? Yeah, it was today. Actually, no, these are the futures, guys. Actually, I keep forgetting that these are the futures. So, if we can see here when we did get rejected, the time correlation with what we can see in these NASDAQ futures, this was at about 5am. So, at 5am, we did get rejected there. And we closed the day at about $35 in the red, down about 0.5%. But, you know, overall, what this is telling us, guys, is that, you know, we held above that support at $6,500. Very critical support there for the NASDAQ. But unfortunately, we got rejected by that 180 simple moving average. So, I wouldn't be surprised if we do end up breaking the support in the next coming trading days, especially with, you know, the market being in the state that it is a bunch of uncertainty. And again, I talk about this in every single video. But remember, we do get new viewers every single day on this channel. But, you know, when there's a bunch of uncertainty in the market, the stock market hates that, right? With all the China trade war, the tariffs, the interest rates, all these different things, right? With the potential economic slowdown, growth stocks closing. I'm sure you guys saw the yield curve. I'll potentially make a video on that. The yield curve is slowly starting to invert, which a lot of people think is a recession indicator, right? People have used this in the past. You know, a bunch of, you know, all these doubts, all these cloudy things that are in the stock market right now, is really causing a bunch of uncertainty, which is why I personally think, guys, there's going to be further downside, right? I wouldn't be surprised if we do break the support in the NASDAQ. We break 24,000 in the Dow. I honestly would not be surprised. So, you know, that's why I'm just waiting for opportunities to open up to me. And I'm being very patient with my trades. And I'm really analyzing the overall markets before every trading day, you know, every night, pre-market hours, just to really decide what I'm going to be trading that day because the overall markets really affect, you know, ETFs and stocks and inverse ETFs that we trade and finding that correlation is super, super important. So, those are the three indexes, guys. Again, I do this every single video. And I really hope it does help you guys out because it does help me out when deciding what I want to trade. But, you know, let's talk about what I traded today. And I'm sure you guys can guess it. If you're in the group chat, like I said, you already know this, but it was TVIX, ticker symbol, TVIX. And this is one that I traded yesterday. And I forget how much percent I made on it. I believe it was 3% or 4% on my trade yesterday. But today, guys, I ended up trading it twice in and out. And I made a total of 7%. So, today, guys, I had a pretty, pretty good day. Honestly, pretty, pretty good day. This is a lot, you know, this is a pretty decent amount above my daily goal. So, the fact that I hit 7% with my daily goal being about 3%, 4%, 5% per day, I'm very ecstatic with that. So, I'm going to show you guys exactly where I ended up trading TVIX. And, you know, beautiful pattern here, guys. Just take a look. It went from $45 or $48, rather, all the way up to $55 today. That was a plus 10% move, you know, very solid move in terms of TVIX. But let's take a look at this further chart so we can understand why I saw value in this one from the get-go, right? So, we noticed yesterday, again, very similar pattern as today, straight up trend for the first half of the day, followed by that really big sell-off. But yesterday, we opened up, you know, at about $51 and shot to almost $60, right? And when we pulled back all the way to here, guys, what did that do? That opened up a margin of profit for us traders to potentially capitalize on, right? That opened up 20% margin from $48, you know, to $58, right? When it fell from $58, $49, down to $48, big, big margin was opened, which initially opened my eyes up to this. Because, again, you know, we saw the markets have a healthy comeback yesterday in the latter half of the day, right? And the fact that the markets have been extremely volatile, they've been red, you know, a lot of the days, you know, since we did have a push-up yesterday, let's just take a look, again, really quickly, guys, so you guys get understanding here. Since we did have a push-up here, that put it at the top of the channel, right? That put the S&P at the top of this channel or this resistance point that we can see here drawn out by this trend line here. And, you know, I was waiting, honestly, I was waiting for that rejection zone to happen right up here, because, again, we opened up green, very strong 350-point green day to actually, you know, this is the S&P, but the Dow was up 350. This one was up like 35 points, up 1.2%. And the fact that we were up strong like that, and we were seeing consolidation, you know, I was just waiting for that break under the support, which was right around here. And that's exactly what ended up happening. We ended up getting rejected here and started to move down, which really ended up giving me the opportunity to trade, you know, TVIX. And I initially got into TVIX. Let me show you guys here initially. So, again, I post all my trades in the group chat. I always talk live about what I'm trading. And, you know, in terms of TVIX, we opened up, again, like I said, $48, had this strong push. I believe I got in initially at about $50.27. This was my first trade. I made 2% on this one, actually. I got in 50.27, then I ended up selling off at about 51.29. So, if we can see up to 51.29, guys, we can see that is about a 2% move on the dot, actually, right? That's actually exactly 2%. So, that was my first move. I got in here on this consolidation point. We ended up bouncing. And I ended up just selling off here at 2% at the top of this, you know, at this new resistance point that was set. And then we ended up pulling back here. And then once I started to see some more consolidation right around here, guys, then we started to push back up. I actually jumped back into TVIX at about $51. And I believe 39 or 49 cents. I forget what the exact price was. But it was around here at about, once we pretty much broke above this resistance, and we started to keep going up, I entered a position here, ended up adding more around, I believe, actually, no, I waited for the pullback, ended up adding more probably around like $51.85. Then I actually ended up taking my profits at about $54. I believe it was around $54.10. So, my average cost on this second go-around on TVIX was at about $51.70, roughly, right? And then up to about $54.10, roughly where I sold, that gave me about a 4.6 to about 4.75, close to a 5% profit on this second trade of TVIX. So, 5% plus 2%, roughly about 6.75 to 7% today, on the day in terms of my trading. So, again, it's static about that because my daily goal, 3% to 5%, and once I hit that, I always talk about this in my videos, once I hit that goal, I stopped trading for the day because for me, guys, consistency when trading is absolutely key. Once I hit my daily goal, which I would recommend you guys set a daily goal, whether that be a dollar amount, if you guys want to make $100 a day, or whether that be a percentage amount, you guys want to grow your account 2% a day, set a goal, set a daily goal, set a weekly goal, set a monthly goal, and try to stick to those goals. Once you hit those goals, guys, stop trading for the day to avoid over-trading because over-trading is something that a bunch of people get caught up in. They make 5% on a trade. They get a little bit greedy. They already hit their daily goal with that 5%. They get a little bit greedy and they want to make some more money, and then they end up giving back that money in the stock market a lot of the times, meaning that that second trade, that third trade, that fourth trade that they take, they end up losing money, and then they end up losing that initial 5% that they already gained, that they already hit their daily goal on, and it's just a vicious cycle because at that point, like I say all the time, trading is a psychological emotional game. At that point, you already hit your 5%, you take a loss, and let's say you're back down to 2%, your mind is going to tell you, okay, take another trade. Take another trade to try and get that money back, and then you could end up even further in the red and even lose all that profit at that point. So just be very, very careful with that, guys. Just set your goals, whether that be 1% a day, 0.5% a day. I don't care what it is. Just set your goals 2%, 3%, whatever that may be, $100, $50, $25. Just set your goals, right? Once you hit those goals, stop trading for the day. Focus on that consistency. Focus on that growth, and that is how you're going to become successful, guys. Literally, this is what I personally do. A lot of people out there in the group do that. A lot of other traders around the world do that, and it really, really does work. Just be confident. Stick to your goals, and that's pretty much it. Don't over-trade. That's the whole idea here, guys. So TVIX was my main moneymaker today. A bunch of other people were trading you guys. I personally did not trade you guys today. This one did have a pretty decent move to the upside. Excuse me, but then it actually ended up going down even more. So by that, I mean a bunch of people were watching it around here at the 139 level. We popped up to 146, so there was potential there, but overall, on the day, you guys was down about 8.67%. So this one, guys, is finally going down in price. Honestly, this is something that has been flying up recently. It's been going up like crazy, and it's been making lower lows, but it's also been making higher highs, higher lows, rather. So it's been making lower highs and higher lows, putting it in this wedge pattern that we see here. So let me just quickly erase this strong set really quickly because there's a lot of stuff going on here. Let me just erase that and show you guys what I'm talking about. So take a look at this, guys. It's making lower highs, but it's also making higher lows, which is really weird, putting it in that wedge. So at this point, guys, we're at the support level of this wedge. So tomorrow, be very cautious about what this is going to do. Is it going to break below this and then continue this downtrend, which would be a break of pattern? Or is it going to pop up and start to trend closer to this resistance point, which would be a continuation of pattern, which could potentially happen in my personal opinion. So if that does happen, guys, I would love to trade you guys from potentially 140 back up to the mid-150s. I do see a lot of potential in this particular ETF. 100%, guys. If it does confirm this reversal right here, I'm probably going to be trading this one tomorrow. But again, being patient, waiting for those opportunities is what makes you a successful trader or at least one of the first steps to becoming a successful trader. So I'm going to wait for my opportunity, guys, and I'm going to see whether or not it's going to be a good one in terms of you guys tomorrow, pre-market hours. Of course, we're going to have to be watching the natural gas futures to really see what's going on there. So another one that I'm being super patient with is JDST. A bunch of people have been trading JDST or are in JDST. And we've been talking about this one on the channel, the past couple of videos. I've honestly haven't been trading this one too much over the past couple of months, but I do see some potential in it right here since it is holding above this support at about $68. Now, all we want to see, guys, before taking a position here is we want to see slash GC, which is the future that JDST trades based upon and pretty much how this works. Whenever slash GC is going down in price, that's when JDST is going up in price. So what I ideally want to see here, guys, is a break below the 50 SMA on slash GC here on the 184-hour chart. We already had a double top here, which is a very good sign of a potential reversal. Double top meaning we topped at about $12.55, had trouble getting above there again at about $12.55. And now we're pushing below about the break below this support. We're already breaking below this support at about $12.50, $12.48 roughly right around there. So the fact that we're breaking below that support, if we do see it move downwards here and break this 50 SMA at about the $12.45 mark, in my personal opinion, that's going to be a good sign to at least trade JDST for tomorrow and potentially for a couple of days as a swing trade. Because like I said, guys, these inverse ETFs, they're really meant for day trading, but you can get away with swinging them for a day, two days, three days, four days. I've personally done this a bunch in the past. But again, remember that they're only meant for day trading, but you can get away with a little bit, a little swing trade, maybe a couple of days here and there. But if you're holding it more than a week, two weeks, three weeks, that is not a good idea at all in my personal opinion, because these are not meant for long-term investments. These are really just meant for intraday swing trading, intraday quick in and out day trading, because again, they're leveraged ETFs. They move very quickly. They're meant to be really volatile for the day traders to capitalize on. So, JDST, guys, very, very good in my personal opinion, very attractive looking as of right now. You guys is another one I'm watching. Obviously, we just talked about that one. I'm potentially looking to trade Gush, guys. Remember in yesterday's video, what I was talking about, the fact that we pushed to a lower low on XOP is a very good sign, because every time we push to a low, we end up curling back up, shooting to that 50 SMA, then getting rejected. So, if this continues this pattern, guys, we're going to potentially be able to play Gush on a bounce back play. So, we did, Gush actually did, I think it ran to the 13s today if I'm not mistaken. Let me just take a look very quickly, guys. It opened up at the 13s. So, if you were able to overnight swing this one, for those of you guys that did, I'm not sure if anyone did, but you could have closed at a 10% upswing from yesterday's low at about $12. So, you know, I am looking at Gush, guys, because again, XOP is pushed to a low, and now we could potentially rebound back up to that 50 SMA. Am I saying it's going to happen tomorrow? I don't know. No one really knows that, but just keep an eye on this. If it starts to consolidate and curl back up, that could be a good indication to go on a little day trade on Gush or a potential 1, 2, 3-day swing trade in my personal opinion. So, Gush, you know, drip, that duo, I'm always watching those. I'm very actively trading those, you know, U-Gas, D-Gas, and you know, JDST and JNUG are three that I'm very watching very closely as of right now. So, besides those ETF combos, I'm obviously going to be watching what I've been trading pretty much every single day, and those are the market ETFs. If you guys want to make your own watch list with these ETFs, I highly advise it, because when the market's super volatile, like it has been, these are actually very good plays, like TVIX, like I've been talking about. I've been trading this one pretty much every single day, just waiting for the market to get rejected and start selling off. That's been my indication to trade TVIX, right? And when we see a pushback up in the market, you know, TQQ has been a very fantastic play. So, keeping an eye on these is a very good idea in my personal opinion, guys. And if you guys want to trade, you know, SQQQ, which pretty much is the same thing as TVIX, it goes up in price when the markets are selling off, but it is a little bit cheaper in terms of the dollar value. So, this is another one that you could trade if you do have a smaller account, if you want to play with, you know, a cheaper, quote-unquote cheaper, you know, ETF by dollar value. So, SQQQ, guys, TQQQ, TVIX, just like every single day. These are the three main market ETFs that I'm watching, and of course, the inverse ETFs. And, you know, I'm going to be trading large cap stocks if we do see a bounce back tomorrow in the overall market. Facebook actually has been playing pretty well over the past couple of days. So, keep an eye on Facebook right now. It's right by this 180 symbol moving average resistance on the 180 chart. So, if we do break above here, guys, obviously, that's going to be a very good sign for Facebook. But, you know, keep an eye on these tech stocks, these large cap stocks that have been moving, you know, pretty, pretty, yeah, they've been selling off pretty heavily, right? And, you know, they could play as bounce back plays if the markets have a 500-point green data mar, right? Instead of a 500-point red day, like we've been having in the Dow, you know, 50-point red day in the S&P 150 in the NASDAQ, what if we had one of those in the green, right? What if we went up 150 green on the NASDAQ, 50 green on the S&P, you know, 5, 600, 700 green in the Dow? These are going to be good scenarios to play large cap stocks like Apple, Facebook, Microsoft on the bounce back. So, this is it for today's video, guys. I hope you enjoyed it. If it's a little bit longer, if you guys stuck this long, drop a comment. Let me know, say, just say, let me say something if you stayed this long, guys. I really want to, I'm curious to see people actually stay this far into my videos. Please leave a comment and say I stayed or something like that. Let me know. I would love to know. I'll catch you guys in the next video. I hope you're all having a great day, great trading week. I'll catch you guys in the morning in the group chat. Peace out.