 What's up everybody, it's Stas here and in this video we're going to be doing an overall market update, taking a look at the Dow Jones, the S&P 500 and the Nasdaq, we're also going to be doing a trading update talking about what I did today in the markets, 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're also going to be talking about one stock here that I see a lot of upwards potential, a lot of momentum to the upside for this stock and it's currently breaking out and to be honest with you all, I've nibbled some shares of this stock. I'll talk about it more in a couple of minutes here as well as you guys and D gas and kind of do a whole rundown technical analysis of what's been going on with natural gas and again you guys and D gas and all I ask from you guys if you enjoy this video, simply go down below, hit that like button and consider subscribing if you want to see further content for me about the stock market investing and trading and consider joining our StriveSmart Discord group chat and our StriveSmart Facebook group, 100% free of charge, those are linked down below in the description box. So without further ado guys, let's get into it and talk about the SPX, the S&P 500, the 500 largest publicly traded companies here in the United States. So it's currently down about $1.26, a measly 0.04% in the red. So despite the fact that today really hasn't been a crazy eventful day, we actually hit an all time high on the S&P 500 at $3124.17. So earlier this morning, the futures were actually up, I believe it was 7.30am Eastern Standard. The futures were up in terms of the S&P Dow, NASDAQ about 0.1 to 0.3%. And this is mostly because Washington and Beijing had held constructive trade talks over the weekend. China's state media said just days after White House economic advisor Larry Cuttleau indicated that the world's top two economies were close to a deal and we talked about that. I believe it was on Friday's video. So we got some good news, some optimism surrounding the trade war, which again is what kind of fueled these markets in the morning. But ultimately, we ended up dumping, kind of gapping down from Friday's very bullish close here. But the good thing is ever since we gapped down, we kind of double bottom today. And if you're looking at Friday's action as well, you can really consider that a triple bottom. And from there, we again ran up, hit that all time high. And despite the fact that we're down really nothing, we're kind of flat, we're still looking really bullish on the S&P. And if we go back to, let's say, that five-day-five minute, you can see this is very, very bullish. Going to that one-hour chart again, you can see everything is looking bullish. We're simply at a higher high right now. So what I'm thinking is we could potentially sell off here, see a healthy pulldown, whether that's to about $3,100. That would be really a healthy pullback, in my opinion, down to that 50 SMA, a much-needed pullback here in the market. But are we going to get it? That is something we have to wait and see. But personally, again, these technicals are a sigh really over, but it could make sense that we do see this pulldown. But who knows? We might not get it, guys. This thing could continue running $3,130, $3,140, ultimately get to $3,200. Who knows here? But for what we need to look at, just keep an eye on the futures, large caps heading into tomorrow morning. If they're coming down a bit, that could indicate a pulldown, maybe again, to that 50 SMA level on this hourly chart. So hopping over here to the Dow Jones Industrial Average, up 18 points right now, up 0.07%. And just like the S&P guys, the Dow Jones hit an all-time high today at $28,040 or $28,040.97, despite the fact that it didn't do much in terms of price appreciation today and price depreciation. Really nothing much there. You can see we ran up Friday very bullish. We saw a bit of a sell-off here this morning, but ultimately we held the uptrend for the rest of the day. And if we just look at multiple time frames here, guys, you know, five-day, five-minute, it's looking very bullish, just like the S&P, you know, on the hourly chart, the 20-day one-hour chart, you can argue our size overbought. You can argue that this thing can definitely see a pulldown to that 50 SMA, putting us at that $27,800 level. And it's today the first day that we hit $28,000, I don't think it is. Actually, it might be the first day ever that the Dow Jones hit $28,000, which is a historical moment, and it does seem like it is, unless we hit it there Friday after market. It does seem like we did hit it there Friday after market. But either way, you know, historical moment over these past couple of days for the Dow Jones getting into that $28,000, but again, one can argue based on the four-hour chart, the 20-day chart, that this could potentially see a pulldown, again, down to that $27,800 level. So the NASDAQ right now, guys, up 10 points, up 0.1%. And judging on this hourly chart, it seems like we already saw that pulldown this morning, retest on the 50 SMA, and we can see it running up from there. So arguably, this is the most over, I guess you can say, the least overbought, the most oversold out of the S&P of the Dow and the NASDAQ, because judging on the RSI, it's more in the middle, when, again, the Dow is really overbought, as well as the S&P, if I remember correctly, on the 20-day in terms of the RSI. Yes, it is. So you can argue NASDAQ has a lot more room to run based on the RSI, and based on the fact that it already pulled down this morning and retested the higher low on the 50 SMA. So that's kind of what I'm seeing here, potentially an all-time high tomorrow on the NASDAQ, since it didn't hit it today. Based on this future, let me take a look. I guess you can say, yeah, 2AM Eastern Standard, the future hit the all-time high here, but again, that was not really in today's price action in terms of the trading days. So I'd keep an eye tomorrow to see if we do something like this, get more overbought, and ultimately hit that all-time high, again, on the NASDAQ. So that's what I'm looking at here in terms of the major markets. Let me know down below in the comments. What are your thoughts? I'd love to know what you guys have to think about these markets, any stocks, any ETFs that you're watching. Let me know down below in the comment section. So what did I do in terms of my trading today, guys? If you watched yesterday's video, Sunday's video, you know that I was watching Disney, right? And Disney is one of those stocks that we discussed that has a lot of momentum to the upside in its favor at this point. And this is because of multiple things. They reported earnings a couple of days ago. They did quite well on their earnings in terms of EPS. They did very well in EPS. They missed on revenue by a slight margin, but really the traders out there, investors, Wall Street, didn't really care about that. The stock went up regardless. Another good thing that happened is the day after Disney Plus came out, we got a word that 10 million subscriptions, 10 million signups, really just 10 million people signed up for the platform which is very, very good and ultimately ran up that stock even more since the earnings was the first catalyst. So two catalysts here running up the stock in terms of Disney and we saw a pull down, right? We saw a pull down. I think it was on Friday, really over the past couple of days. We've been seeing a cool off in Disney. And what did that do, guys? That opened up about a 4-5% margin of profit from 150 where we double topped here and sold off to about 144. So I saw that heading into the session today. And again, I talked about that in yesterday's video. So on the hourly chart, what I was looking at and specific was is this thing going to hold 144, which is technically a dip like we discussed. The RSI was brought down after that dip. That's attractive in terms of that level. And we were holding the 50 SMA, which we bounced on a couple previous times over the past couple of days. So the fact that we started to run up this morning on top of that 144 level, which is a previous resistance and now a new support, right? That was a good sign this morning. We got that massive run up, that break above the 180 SMA 45-minute chart. And that's honestly where I took a position in Disney and ultimately sold it at the resistance level at about 146.50. And that's a level that I was eyeing up to sell it because a couple of days ago, that is where we held a support. And again, we broke that support in making it a resistance. So at that point, I figured that would be a good little place to just exit out, take the profits, because the profits were pretty good at this point. So I got in, I believe it was 145.20. And again, I sold out at about 146. I believe it was like 60, if I remember correctly. And that is a gain of about 1%. So in terms of my day trades, that's what I did. I know a lot of you already know that I'm involved with a lot of swing trades and Shopify, which is that breakout stock that you see in the thumbnail and that I want to talk about is a new stock that I've added money into here as a swing trade. So we might as well break this down and talk about what's been going on with Shopify and why I think this move here is very, very bullish. So Shopify, they reported earnings. Wall Street didn't really like their earnings a couple of weeks ago. You guys can see it here. They actually reported a loss of 29 cents per share when they were supposed to report a profit of 11 cents per share. The stock ended up selling off all the way to about 284 after that. But the attractive thing is here on a technical basis, we actually held that 284 level, which proves to be a support from back in the beginning towards actually more towards the middle, towards the end of September and back here towards the end of June and 2019. So we held those levels two times in the past and the fact that we ran up from that level, again, that's a good sign in terms of technicals. Then we started to test that 180, that 50 SMA and ultimately today is the day that we broke above it with a gain of up to 4%. I believe it was at its high of the day today in terms of Shopify, it was up 4%. That was back here a couple of minutes ago actually before I started filming this video. So I think I took the position at about 300. I think it was more towards the 317 level. It would have been nice getting in at 311. Obviously, I didn't know it was going to rally at that point, so we let it pop here. At this point, momentum was obviously to the upside. We pulled down here, held a higher or low, and again 317 is where I got in, I believe right here. So overall, guys, this is a stock that's kind of like PayPal. PayPal in terms of technicals, it's very similar. So we're actually slowly breaking out of the moving averages on this four-hour chart on PayPal, and that's kind of why I've been taking positions in PayPal over these past couple of days. Not today though, but previously I did. Shopify, again, it's looking very similar. We're breaking out of those moving averages, right? It seems like Wall Street traders, investors, they're starting to forget about that EPS miss there, which I kind of expected would happen, right? Growth beasts like Shopify, stocks in general that are very, very hyped up, they run like crazy. Sometimes they report poor earnings, then the next two, three weeks go by, then all of a sudden the stocks rallying, yet again, despite that poor earnings performance. So that's kind of what I'm seeing here, and some other levels that are critical that we're breaking are 200, or not 200, guys. This is the next level, 325, I'd like to see a break above. If we do that, and then ultimately break 345, that's going to be extremely bullish to the point where I could see it getting back to $400. And another thing worth mentioning here is overall Shopify was looking like it could potentially form a head and shoulders pattern here on the four-hour chart, which obviously would be not in our favor as swing traders over the stock, right? And that's another good thing about it, that it's kind of not forming that it's breaking to the upside, right? Because if we were to get rejected here and sell off to the low 290s, you know, high 280s and even below 280, what's going to be happening at that point, that's going to be the completion of the right shoulder of this head and shoulders pattern, which you can kind of see it here. Left shoulder, head, right shoulder would be if it were to break down, and luckily we're breaking out, so we're kind of not forming that, but we're running to the upside here, which is good. So ideally tomorrow, for me to add more money at the Shopify, 325 needs to break, and from there, again, we could potentially run up to 340 and anything in this level, in this range, as long as we hold it, I'm looking to add more shares into Shopify. So that is the one stock that I'm looking at right now that is breaking out. Another one that I'm really liking. Actually, let's get into you guys and de-gas first very quickly before I do talk about this other one. But natural gas today, guys, like we talked about in yesterday's video, it took quite a dump. 13 cents down today, down 5%. And you can imagine you guys is in the gutter today, right? If we go to that 20-day chart, we can see that that head and shoulders pattern I talked about in yesterday's video, it's really forming right now, right? You know, I drew this arrow in yesterday's video kind of showing you all on a more visual basis what could potentially happen here, and that's exactly what's happening. I talked about how if we were to break 265, this thing would likely dump even further. That's exactly what it's doing now. So what levels am I watching for it to go to, guys? Potentially 258, that's one that I'm looking at that's coming up. It seems like 260, 261's, another one that it's currently trading above. So those are just two levels that are worth watching here for natural gas. And you can see the clear cut head and shoulder here, guys, right? Left shoulder, head here, you know, up to about three bucks. Now the right shoulder's forming, especially if we're dumping below 260, 250. It's going to be really the completion of the head and shoulder pattern at that point. So the bulls would love to see a break out of these moving averages. That's what we want to see if you're a bull and you want to trade you guys that goes up whenever natural gas is going up. That is what you want to see. And who knows, guys, as withdrawals come here in the next couple of weeks as we start to get those bullish storage reports that come out every Thursday at 10.30 a.m. Eastern Standard Time. You know, you guys, natural gas could be seeing a rally at that point in time. But like I mentioned yesterday, in the short term here, I still see more potential in D gas which went up 13.69% today. And again, this goes up whenever natural gas is selling off. So I see more potential in this because the previous report did show an injection of 3 billion cubic feet of natural gas, which is a bearish report for natural gas. So that's kind of why we're seeing this in the short term. And maybe once we get, again, like I said, a bullish report maybe in two, three weeks, that's when we see the natural gas pump up and that's when we see the move in U gas to the upside that a lot of us in the group, a lot of people in general are really anticipating and waiting for here. So at this point, I'd be careful, right? I'd really be looking forward to this Thursday's report and see what that's going to look like. But in the short term, D gas is probably going to be the better play here. And let's get into that other breakout stock which is CMG Chipotle Mexican Grill. And if you guys remember, this is another one of those stocks that I'm swing trading. I started buying in the 750s, I believe. And now we're getting that technical break that I was looking for before adding more money. I didn't add more money yet, but probably tomorrow or the next day I'm going to add more money into Chipotle Mexican Grill. And that technical break that we got was that break above that 50SMA here on this four-hour chart. The first sign that I saw and which is why I got into Chipotle, quite frankly, is we held 730, which was a level of old all-time highs and that being an old resistance. The fact that we were holding above it as a new support, that was a good sign for me to at least initiate a position. And now, like I said in a couple of weeks ago's video when we were trading under this 50SMA, now that we broke above it, I'm looking to add more money, but probably tomorrow or the next day for that. So Chipotle Mexican Grill up to 860, guys. This thing offers about 10% profit potential. And that is looking very attractive in my personal opinion right now as a swing trader. So Netflix is another one worth watching here, guys, despite the fact that it didn't do too well. I believe the Day Disney Plus came out. Despite that fact, it's still kind of breaking out here in a sense, right? Moving averages have been resistances. We've gotten the bearish cross here, the 50SMA crossing below the 180SMA. But now we're getting a bullish cross, the 50SMA crossing above the 180SMA. We're making higher lows, higher highs, breaking out, right? So here, I expect this thing to see a major resistance at about 315, 320. But the interesting thing is, once we get to that level and we break out, that is where we can see a big move, a big leg up to 340 where we could potentially capture a trade. That's one thing that could happen. But me personally, I think this would happen being a pull-down 50SMA retest RSI at a more healthy spot. And then this could be an entry maybe at about 290, 295 on top of that 50SMA on the dip. And then maybe you can ride it up to 315. That's kind of what I'm thinking as being a better opportunity than the first one mentioned. So, you know, Netflix, I'm watching that one. Disney is another one here, guys, that obviously I day-traded it today. It's worth watching for a potential test to 150 tomorrow. So watch that 147 to 150 move. That's definitely possible. Paypal, we already touched it a little bit. Upon it a little bit, it's very similar to Shopify where it's been battered down over the past couple of months. Now it's finally reversing above those moving averages. This is worth looking at, especially if we get that next leg up and really get back into those 106, 107, 108 levels. Because once we get there, guys, and we start to push up to 110, these are the levels where, you know, this thing can definitely catch on fire because speaking just technically here, you know, 110 is a big level of resistance. We could gap up to 114 there, you know, 116. There's just a lot of potential to the upside if PayPal gets there, right? So three stocks that are worth watching that are reporting earnings here in the next couple of days is Target, TGT, guys. This is reporting earnings, I believe, on the 20th, 7 a.m. Central Standard Time. Target's been crushing it, guys. Last earnings report, they ran a lot. I know you remember that. It was about a 20% day for Target. I think it was the biggest day in history for that stock if I'm remembering correctly. So it's worth watching here. Is it going to get, you know, a pull down? Are we going to get a good opportunity before the earnings report? I don't know. Me personally, I'm waiting until after and then maybe we get it dipped by. I might consider it. Right, another one is HD Home Depot. They're also reporting earnings here. You know, on the 19th, they've been doing quite well. They actually hit an all-time high, I believe, today at 239.31. So if we get a pull down, guys, this could be a good potential play and who knows if they crush earnings. We may not get the pull down. This thing might be flying to another all-time high. Right, so the last one is going to be Lowe's Ticker Symbol LOW. They report earnings on the 20th. So excuse me, in two days, Lowe's reports earnings. And again, just like HD, just like what's the other one, Target. If they do well in earnings, this could even hit an all-time high above 118. Or we get the pull down. We enter on the dip. Who knows, guys? But it's worth watching those as a lot of the major companies out there. They already reported earnings. And quite honest, Lowe's, HD, Target. Although when people think major companies in the world, they don't think these companies, but they are still massive companies out there that are worth watching in terms of earnings. Again, because they can fluctuate and they can offer a short-term play to profit on the stock or you can even enter in a long position if they dip down long enough or dip enough for you to get in. So that's kind of it for this video. If you enjoyed it, feel free to go down below. Hit that like button. Consider subscribing if you want to see further content from me. And don't forget to join the StriveSmart Discord group chat as well as the StriveSmart Facebook group. Those are linked down below as well as the StriveSmart merch if you do want to support me, the brand and the channel. So I'll catch you all in the next video. Thanks again for watching. Peace out.