Oil Whiplash: Trump’s Energy Deal & This Week’s Trade Plan [LIVE]: transcript

[music] Uhoh. Good morning. Check. Audio check. What's up, June? What's up, David? Conniey's obviously in the house. My goodness. Miss Lafi coming in hot.

We are ready. Yes, we are. George in the house. GM friends. GM. GM. Rusty beat me. Is the market flipping? Is it the Is it the great flipping? By the way, ticker requests. doc is pinned. Uh yes, we will take requests today.

So go ahead and all you have to do is like and subscribe. [laughter] How about that? All you have to do is like and subscribe. Actually, no. All you technically have to do is uh you know type drop your tickers uh in the chat and the great Connie will record them. That said, doesn't hurt to like and subscribe as well.

Apple coming in hot new highs weekend for Palunteer. I haven't seen that. Should I look at Palunteer? Wow. 213. She's hot. She is hot. It's all I can say. My goodness.

Listen, Connie is in fact a legend. No question. All right, boys and girls. Well, here's the deal. If you're new to the show, welcome. What we do here every Monday is kind of like a weekly trade plan. So, we're going to go over what's moving markets over the weekend, what moved markets over the weekend. Um, I'm going to have a general outline.

Um, we're going to talk about what to look for moving. Uh, yeah. RIP, Jacob. Very sad. very very sad. Um, moving forward and we're going to go from there. So, without further ado, here we go. Also, by the way, and I forgot to mention this, two things. Two, one, scan this QR code there.

We have a webinar. It's on the 15th of October. Did you guys know that that is this Thursday, so no time to delay. This is in fact an options trading webinar. It is free. You don't have to do anything. Just show up. It will be recorded uh and sent only if you register. If you don't, you don't get a recording.

So, there's that. Thank you, Connie. There you go. I think this is uh this is the way. Also, if you're into earning season, this is absolutely the way. Absolutely the way. In the meantime, you know what? Different QR code. Click that. Bunch of free stuff that we got out uh including lessons to the apprenticeship. Um but without any more delay now let's actually [gasps] yes Hawaiian shirt dude t-shirts yeah is back. I don't have a Hawaiian shirt on today. It is actually cold. [snorts] Um but here what we actually do Monday is plan out the rest of the week. Take a look at what's on deck. What's moving markets right now.

What do we need to watch out for? And generally speaking, what the what's moving markets? Look, over the weekend, we had a ton of stuff. Friday, Friday was funny watching the markets. Taco number I don't know, 154 over the like on Friday. Seemingly the market did not care or really I don't know if the market didn't care. I felt like the market didn't believe him. Um and and then we have an attack over the weekend sending our good ticker B wet higher yet again.

But this is tanker freight costs. This thing is insane. That ticker. Um, and then Trump comes out with some really wild stuff that I'm really not sure, honestly. I'm I'm really not sure how to Let me see if I can do this. How to deal with it. Here we go. Trump energy ceasefire between Russia and Ukraine. Both parties have agreed do not uh break it. So, there's ceasefires.

Let me see if I can grab this. Oh, yeah. Here you go. And this Saudis get attacked by Houthis. I mean, dude, you can't you can't really make this up. [clears throat] So, that is what we have going on. out of control with oil going higher. This is still an inflation test, but overall yields up, oil up, stocks up no matter what. I mean, that's that's pretty strong. Um, if you weren't watching last week, yes, the S&P gained 1.2% for the week. Very solid gain. Um, but the rebound was a little split.

Small caps actually lost ground. So, we're not 100% in the clear, but it's absolutely absolutely looking better. Defensive lead. So, this is uh more of the rotation. A little bit of different type of broadening. This is actually good. No ceasefire just just lies. I mean, I don't know. I don't know what's going on, but this sentiment I it's not uh it's not just you. It's not just one person. It's like you can see it. You can literally see it in the charts. It's wild. Absolutely wild.

Um [clears throat] we just kind of went over this pushes Brent above 100. Insane. absolutely crazy. Um, stock catalyst. Yeah, earning season. Earning season is upon us. If in fact you are into that. See if I can upload a different one. I had a new different overlay. This should work. If the QR codes aren't working either, by the way, guys, just let me know.

Earning season is upon us. It is a very choppy market at the highs. It's hard to stay directional for too long. Um, and volatility itself is a little little funky. Um, we're getting what's called uh backwardation, the fancy uh fancy option terms.

Russia broke the ceasefire. My god. But if you want the if you want to know how to trade this, if you have a direction in mind, it doesn't matter to me. But all I will go over on Thursday exactly how to do it. I think honestly if you don't know options, if you show up to this webinar, this is going to be mind-blowing 100% across the board.

Even if you don't take a trade, it won't matter. Um, anyways, banks Tuesday, ASML Wednesday, TSM Thursday. We're watching for these things. Banks not not a bad spot actually to be long. Iran, did she hold? Got some news this morning. Let's see if she held. She was nearly on support. She did not hold a dime.

Sorry. What was she up like five something%. They sold her off entirely. That said, AI demand is real. Whether or not the market believes it doesn't really matter. AI demand is in fact real and we know that. We absolutely know that. This week, I mean, I wish uh I wish I could say that we were kind of like in the clear.

We're so not between uh earning season kicking off with the banks, ASML and TSM midweek and then we get hit with CPI and PPI back to back. Retail is not that big of a deal. It was up 8% in the pre-market. Gez. Gave it all back. Gave it all back.

So all of this is happening very difficult to navigate. All good. We got you. It is absolutely a very entertaining week ahead. And in the backdrop from a technical perspective, we're still watching for the eating season dip to be bought. We prepare in October.

We did in fact get confirmation initially. So you got your trigger is what we got. Um I'm going to check the charts right now in a little bit. What we need to do from here is actually hold it. Also, if you've been following long enough, we're going to see. We're going to see.

Today is a little iffy. I'll talk about exactly what part of it is iffy uh and exactly how it would affect the rest of the market and um more importantly where I still think the alpha actually is and that is in fact in this index at the moment but broadly if the signal holds what we're talking about is entering this threemon stretch the best three-month stretch technically if you include October it's technically the best 4 month stretch of any 12-month period by far and away.

So, we it it does we do want it to start in October. At what point, we'll see. Again, technical confirmation uh is not my technical confirmation, but is in fact uh a studied event, if you will, but the signal needs to hold. And I think that's that's what's most important, right? So, we did get it already. And that is essentially all three indices, diamonds, SPY, NASDAQ, getting what's called a fresh MACD crossover, all on the daily time frame.

So, has to be using daily closing prices. with this setting. You don't have to I don't expect you guys to actually have that exact, but here we are. Let's go ahead and look at it. So, this is my first view generally every morning. See if I can get this cleaned up a little bit for you. I know you can't really see it that well.

Well, I need to turn on these NFP levels. NFP NFP on these guys. [sighs] This is [clears throat] the index here IWM who actually was down on the month has not confirmed but you know we call the I we call this index IWM the redheaded stepchilds of the market really kind of does I mean it it kind of just does whatever it wants to do. I don't know why this is doing 10. I don't want 10. I want like let's do two and then let's go ahead and save it just so we can see.

Um, but this is our October kind of range by the way in IWF. It would nice to see nice to be nice it would be nice to see all four indices um confirm at the same time for extra confluence. We don't have that yet. To me, this kind of looks like it might be bottom bottoming bottoming process. Um, but here's where we are. Where we are in the moment.

Fresh all-time highs last Tuesday. Look at that. And that's wild. Fresh alltime highs Tuesday. Testing it in the pre-market this morning. Cleaned up a little for you. And over 775, we're in force, meaning we should be good. In terms of the signal that we're watching, this little thing down here, this little green line, which you probably cannot see. Uh, well, actually, you can probably see the line. I'm not really too concerned about you guys actually seeing the prices, but I'll try and edit this as best I can for you.

As long as we hold this, it's [clears throat] ideal. We have one issue. QQQ gave it to us in October. So, we're just looking for that MACD cross in October on the daily time frame. This is a daily chart. Um, we want to hold. So, Q's lost it. This is tech. That said, tech has actually been the strongest sector of the group year all year long.

So, can tech reclaim it very quickly? Yes, it can. Yes, it can. Intraday on QQQ, here's what I'm doing. So, it's nice to have somebody else's signal, whatever. This is like stock traders almanac type signal. Your boy here, that's me, uh has a different system that gives me the general trend for the month. And that level that Q's would have to invalidate is 774 spot 42, which you probably cannot see on the screen. So, let me see if I can make it a little bit bigger, which this is as good as it can get.

We're on it. We are on it. I'm going to take away this all-time high kind of line and maybe we can zoom out just a little bit. If this holds, if we're what I would call in force, if we're if we're actively moving over what we want to see is 750, call it five, that actually does put Q's on trajectory for about 805 plus 805. And what how I get that is actually just taking this consolidation right now. This looks like a little bit of a break, little bit of a rip, little bit of a roll.

Now, we want to see a little bit of a rally. So, how do I get that rally? It's got to be over 755 QQQ. Right now, this is a retest. So, we got break and retest. It's not bad. Retest right there. If we get a retest and reaction, what does reaction look like? Reaction looks like over 755. And that would put you quote unquote in force over this line right here.

Actually, blue is probably going to be better, but right over here and then expect that more alltime highs incoming. [sighs] [clears throat] So, what do we need to watch out for? If since Q's is the the furthest out, furthest uh towards the highs, let's say, the trade location is not not really ideal. It's going to be perfectly fine if we do get this reaction, but we we want to what we want to watch out for is um a little thing called a look above and fail.

Look above and fail. Okay, what does that mean? That means like it's a fake breakout, a fake out, if you will. Uh and again, this level 770 747, there's a little gap in here. I would say if we breach below that, come back up and then fail, which isn't really going to happen today, that's going to be a look above and fail. And that would put us back into support around 7 sub 720 on QQQ. Align it with the this volume shelf. That is going to be your general support for this entire range right over here. also happens to be a pretty solid technical pullback to buy and expect a bounce. Just saying on a daily time frame, if that were to happen and we actually move up from there, I'm just saying that signal is actually

going to be back on anyways. So, is that going to happen? How do I know right now? You got to zoom in a little bit. If you know the system, what I can say is that 747 spot 42 is in fact I had something stop out just now. Uh is in fact the level. But intraday anything can happen. We can wick we can you know there can be a headline that comes out and changes the whole thing. So from a day-to-day perspective I want to know am I opening above this level? Yes or no?

Technically I opened above it. If I close below it, that doesn't necessarily matter to me because we're talking about if you close below it and something like this happens. I'm still going to expect a like retracement up into this exact same level. It's at that point that I want to be cautious, more cautious to say, well, if we roll over there, then sure, that'll happen. But for right now, if for right now, I actually don't have a reason that that's gonna happen. Um, for tomorrow and tomorrow also, look, if we open above that same exact 774, call it spot 50, I expect to see 755s 54 and a half um like immediately that day. So, this is the index in fact that is actually at risk. If we do get that roll over again where your support is right in

here right there, call it 716 September NFP low 716. That's going to be your support right there. That would be look above and fail. in if this actually happens, [clears throat] I would actually assume that SPY loses the signal also uh near-term. So, I'll give you that support really quick. Again, SPY is the highest, right?

Support on SPY is going to be se just just underneath 770, probably closer to that 20 and 50 day simple. Um that's that wide in the blue line here. If that happens, you know, on uh on bad weeks, one thing to note is that usually the week red weeks, weeks that close red typically start off green. And so my point here is that we're starting off fairly green. Don't want to necessarily chase anything. Just keep that in mind.

Um, and look, even if these things retest here on spy, it's going to be a buy to me. So, just saying, do you have to chase it now? No, not necessarily. Do I have signal? Yes. Uh, we are in fact losing confluence mostly due to QQQ. And that leaves one more index, which by the way, I've been kind of saying this is where I want to be. This is where I think the alpha in fact is going to be.

We call this the diamonds Dow 30. There's only 30 stocks in there. So you could look up what uh what stocks are in here. Is there overhead resistance resistance? You bet. Right. Absolutely. So I will say this target right now is into the 530s on DIA. You could trade this any way you want. Uh personally, I'm actually trading this via UDOW equity uh which I bought last week uh a couple times right around like 60 bucks. I don't know where that is. Ud 66 quick 10enter same thing leveraged equity not necessarily options just yet.

Uh I think we could get a pullback even and if those two actually pull back maybe just maybe diamonds pulls back into 514s and holds this whole area is going to be your support for DIA right in here. So any pullback and retest of this general zone is going to be perfectly fine. Um and then if it holds cool so if the cues fail and the other factor here is earning season since the banks are up first. that the banks don't do well.

Yeah, that probably actually does happen since the banks are heaviest, right? Uh in that index, blue chip US stocks. I mean, funny funny not funny. I don't know. But holdings, you can just search this [sighs and gasps] [clears throat] Goldman Sachs up pretty early. And then we got JP Morgan here. Apple's having a solid day. Again, it's not a lot of stocks, right? UNH, Visa's all-time highs. Microsoft pushing. We want to watch this Caterpillar. That's probably a solid location. Trade location also not on the list, but Home Depot pretty solid trade location. Anyways, you guys can do your own research here. This is just the waiting but it is in fact a lot of financials

26%. So and then industrials and then healthcare. Well financials it industrials healthcare. I think this is where you want to watch at least when we get to earnings. Look nothing today. I mean, out of the gate, right? Out of the gate. UNH, just insane. JP Morgan, J&J, Goldman Sachs, City, what Wells Fargo, anybody buying pizza lately?

I don't know about Domino's. I don't know about that one. And then we continue on. More financials. Morgan Stanley on a pullback and we get the first tech ASML um which I believe ASML is not a US company so probably won't I don't is ASML in um is ASML in the S&P 500? I don't actually think so. I don't know. Uh and then TSM Thursday morning. So ASML Wednesday morning, TSM Thursday morning. There's your f first tech ones. I mean, you got like some OG greats in the house reporting fast and all.

Uh yeah, IBKR pro. I don't I don't think that these stocks really influence um Robin Hood so much. It's possible. Yeah, thank you. I did not think ASML is in spy. It's it's like a it's like a ADR. It's not a US company actually. Common misunderstanding. [clears throat] But yeah, this is in fact the beginning of earnings season. Get this. Next week, ho, all of the sudden it gets even busier.

Even busier. GE, Rathon. I actually like 3M here, not going to lie. Uh, Hallebertton, some of the some of the highf flyers. Vcore Netflix, who knows? You know, I'm going to move it forward one more week because typically the pre-earnings, look at that. Typically the pre-earnings runups, if you will, if you have them, happen about two weeks before earnings. So again, this is where we are this week. Two weeks from now, these stocks right here probably get a little bit of a bid ahead of earnings. Google, Microsoft. Who's doing really good this morning? Meta, you got Hoodie. Visa's already made a bit of a run.

Corning. Look, Cadence, even the good old Amcor. There's a lot of stuff coming, guys. There's a lot of stuff coming. Cloudflare. SanDisk. Uhoh. SanDisk. Holy shamoly. Service. Meow. Been doing good. KLA big one. It's going to get busy. It's going to get real busy. I mean, look at this. This is just plus 11 + 9 + 24 + 5 + 16. I I'm curious. Uh earnings.

Oh, I can't do it this date. Nah, I think in two weeks we're going to have like 500 companies reporting earnings. It's going to be crazy. Can I do OSS? I mean, there's nothing really to do on OSS other than just tell you it's small cap. Super speculative. I'm not in it. Never was in it. You'd have to actually be in the industry. I think that if you're going to do something like OSS, you should um be connected with real industry experts to tell you whether or not it's uh it's actually a thing. It's too speculative for me.

[clears throat] And on the calendar, economic calendar. So we got lots of earnings coming, lots of catalysts. Uh today, tomorrow, today really nothing. We still have the Fed speech coming speak coming in. Home sales going to be a nothing burger. But Wednesday, here it is. CPI core inflation. It's going to be a big one. So I'll just tell you non-farm payrolls to me is the most important. um data point that we get every week or I'm sorry every month but it's not the market's favorite data point. The market's favorite data point is in fact CPI. Uh I think intraday this makes a lot of big moves. So Wednesday midweek we have I mean I say CPI CPI is

essentially inflation inflation inflation big I word you know this a lot of times this day when you have a non-form payroll kind of setup uh this day can in fact move.

Let's say for example, I don't know, QQQ was holding its level. Let's say it holds it all week and chopping sideways and then you get Wednesday CPI. Wednesday is a day that can make this happen in a single day. To me, it would probably still be noise because again that uh CPI doesn't actually mark the high or the low for the month. In fact, non-farm payroll day does uh significantly more often. CPI sometimes is a is a catalyst to something that was already happening up over here. And if we do stop right at 716 on Q's, look, I'm just saying I would expect exactly that. So, if we do get a dip by this week, it'll probably be Wednesday, uh, based on the calendar [clears throat] and we could immediately go right back

to the high. Also, by the way, Thursday PPI more forward-looking. So, CPI is uh or no, PPI different PPI is a little bit more forward-looking. CPI is basically what has happened. I to me it's like of all the major economic data points there's there's non-farm payrolls there's CPI there's NFP there's PCE honestly I'm just saying you know that specific one it's definitely the most backwards looking uh of of all the data points quite frankly Techally I think I had one.

Oh, there you go. Here you go. Why? They'll say why. I mean, this is why CPI is here. If we have actual inflation, it's like middle of the pack, right? PCE, personal consumption expenditures because you know what? Inflation's based on the velocity of money or how much how much people actually uh are spending. If this comes in hot, the market's going to assume that the Fed will raise rates, I'm sorry, will lower rates. If it comes in too cool, they'll assume that the Fed will raise rates uh in an effort to slow or stimulate spending, one of the two.

But this is like middle of the pack. But once you understand that okay inflation is actually based on the velocity of money not actually a backwards looking oh this was last month's number uh PPI becomes more expensive PCE becomes more expensive and the most or more PPI becomes more important PCE even more important than that and most important is how many jobs were actually taken the market will eventually adjust into that said does it move on CPI day. Yeah, for sure. For sure it does.

Uh I think that's all I got for the for the general. Yeah, it's starting to make sense. It's starting to make sense. If you want it to make a little bit more sense, you can log into the portal. If you guys haven't logged into your portals yet, like my goodness, have you seen it? You haven't seen it yet, but look at this. This is your portal. It's free for everybody. Look, tells us tells you when we're live, what the announcements are. Generally speaking, um your lessons, you get seven free lessons. There's a ton of tools that we're still building out. You're going to get a lot more stuff. This is just basic in immediately. Um, if you're in coaching, if you're in the uh look at this live watch on YouTube, just super easy, simple calendars are set up. If you're in the apprenticeship program, all of your

requests and things like that, trade review requests are are available all here, reviewable, etc. and so forth. If you want to play along, active challenges. Let's take a look who won last week. Sticks. Nice with the double even with Ian down here. That's uh Oh, it's the waiting. The waiting. NP NP got uh there's a crazy ticker here XP this is like social arbitrage very very uh JCI nice to see right IoT IDub um Skyworks I actually like around here 76 is a is probably a good deal

um [clears throat] XP is a Crazy crazy ticker. Smaller cap still going uh towards the highs, right? Look at this thing. Thing was up like 50% in his round. It's a fintech in Brazil. Brazilian fintech.

What was the old Brazilian fintech? There was a uh yeah, there was another um Stoneco. Oh [ __ ] This is what happens when you're around for a while. You remember all these crazy tickers. Stoneco, she's still alive. There you go. Yeah. No, no, no, no. Not these are uh payment processors. This is what uh is integrated into Marcato Libé I believe.

Shout out please go up for even knowing what this is. Thought I was going to be a lone wolf on that one. Nice to see I got some some some friends in the house to even know what this ticker is. Remember this thing was like 45 something like that. Yeah. Look at this crazy 100. Sorry, not 45. It was 100. Oh, [clears throat] dude. Yeah, this this is our guy.

Of course, he knows who Stoneco is. How would you not look for the month? We have classic Shout out the crew. Yoshan coming in first, Rain second, Joey third for this is for the month of September. Uh if you guys haven't gotten your gotten your prizes, go ahead and uh open that um support ticket in the server. Oh my goodness. Currently standing for October. Uh oh. Uh oh.

That's our boy Graham sitting in second place. Oh my goodness. This is my other half by the way. Roblox Trafficone. Oh, this is He is all up on the rotation. Even a Sandez short for a monthly competition. Our guy's got some Kahonus and he's up. That's his best position also.

My goodness. Congrats, dude. Ballsy move. Yes, Graham is the goat for sure. You guys want to see what Graham has? Well, you can see on your own, but um he is diversified. Very diversified. He's got some earnings coming in soon. Look at this. Notably, no memory.

I would venture to say that this is actually heavy. Dow weighted. Yes. Yes. Yes. Yes. Yes. Yes. Yes. I think so. Maybe. I think so. Maybe. Maybe. Yeah. This is basically the down. That's hot. But if you want to do a little social arbitrage, there you go. That's how you do it.

And again, this is free. Go into your portal. We do have the merch. Whoever was talking about the uh the Hawaiian shirt guy. This is live still, I think. a week and a half, then this comes down.

This is what I'm wearing. This one, I like it. Anyways, probably enough of this, right? Halloween Hawaiian coming in. Pretty solid. You guys want to do some charts? We can do some charts. Look at this. Look at this cluster.

Hoodie, I want to see her hold though. I want to see her hold a little bit much. All right, so I'm good. If we get any super chats, you'll skip the line. Um, till then, this is how you would uh get into that portal. It is free. No credit cards, no nothing required. Just trying to give a little value. In the meantime, if you want immediate value, there you go. There's a webinar.

[clears throat] All right, you guys. I was doing a stream the other day and I was laughing to myself and I didn't realize that uh it was going to hit so so close to home for so many people, but the requests kept coming in for the the memory stocks, Micron, SanDisk, whatever. >> [clears throat] >> And I think I'm going to say it again.

Also, by the way, typically I will use a 30-inut time frame chart with a large view of time on my screen if you couldn't tell. This is like I don't know. This goes back to May. I mean, I'll just zoom out, but um I I don't know what it is. I don't know what it is. Everybody wanted to know, okay, micron, micron, micron. And they would ask me every time, and it would get more aggressive, the ask when it would be up here, up here, up here, or up here. And finally I was like, "Dude, aren't you guys tired of doing the same thing over and over, like buying micron at the high, at the high, at the high, at the high, expecting it to break out every time?"

Like, aren't you tired of doing the same thing over and over, expecting it to act differently? Is that Does that sound familiar? Tired of doing the same thing over and over, expecting a different result. Almost like you're crazy. Maybe even insane. Well, in fact, you would have been thinking that that was going to happen.

And you know, taxi drivers asking, retail infestation, not it's it's whatever. Okay, that said, if you'd followed me religiously, you would be tired of being tired, 100%. I don't know if my guy knows where that's from, but uh shout out if you do.

Um, [clears throat] look, if you follow me religiously, you know that probably on last week, Tuesday, what was Tuesday? Seems to me that this was Tuesday over here. I put out a number. Anybody know what that number was? Just curious if you did. Oops. Don't need that.

But the way I got from that that number. Shoubam. Shabbam. Shabbam. Shabbam. My guy. Very close. OG right here. Right now. I'm very disappointed in you, Den Trader. I expected more. I kid on the penny to the penny.

Listen, here it is in all its glory. There's a little yellow line. No shot that you could read that. I don't even think I can make it bigger. But it says 9 979 spot 93. That's what it says.

Wild. I mean, how does he do that? Super interesting. How does he do that? Well, we teach how we do that in the school. Actually, we teach exactly how we do that in the school and the students can help you. So, the wizard the wizard is back. Who knows? The important thing though right now is that it holds. So, we have a pullback retest and we do have an intraday reaction. Does it actually hold? TBD. TBD. That's what's that's what I I we still need to see from here moving forward. Does it look constructive? Yes, it does. Um you're now not actually buying it at the absolute highs, but [clears throat] it's still pretty high. That said, if this consolidation range is to hold exactly right here, right now is what

you want to see. anything lower on a closing basis. It's not going to be fun. Is not going to be fun. So, this is your trend line in the sand, if you will. Also happens to be, I think, oh just slightly below the current upward channel. I'm not a big trend line guy or channel guy, but just just letting you know.

And from here, we have to do a couple things. We actually have to break through. So, we still have, you know, everybody that was buying up here, what do you think they're doing? They're probably freaking out because they didn't know to wait, right? The retail infestation. Who knows? They're probably freaking out a little bit because they bought at the highs, my guess. And if in fact this does go whoop right back to the highs, what are they potentially going to do right there?

Potentially sell on you. Weak hands and all, you know, if if in fact it is retail, it would be weak hands. These guys would sell and you would probably come back back. So that said, here's what I think is actually true. I think that in fact the cow lemmu is stuck in this range somewhere between just under uh 7 just under 1050 1060 to just under 1,000 and I honestly think that she chops around for a while which by the way is super healthy and if you don't know how to trade this come to the webinar Scan the code way down there and you're in.

That's all you got to do. That's all you got to do. We'll teach you. But the way I think you want to trade right now, especially on things like that, as is to really assume that this is going to happen. And how do you actually take advantage of that? Now, you don't want to short it every time or go long every time. It's you're it's really sideways, but there's a way. It's not what you think. It's not uh it's not cons. It's not a condor or whatever. Um but anyways, this was your biggest uh biggest request of the day.

So, below 979, look, you're at least going to 930s, give or take. you're very likely to fill um some remaining session gaps down here. You don't want to hear it, but it's telling you um I'm assuming that yeah, that's going to be right in that area. But I would say somewhere around this general. See this?

If I draw a line straight across, it's going to show you the next level of support. This is like a point of control. I don't think it's super strong. You buyers here, but they're recent buyers. Also, sellers there. So, assuming that the people that sold here and then rebought don't sell on you again, assuming that the buyers are still there. I I just don't I don't know that I would assume that the buyers are still there. That's the bigger concern.

Let's [clears throat] move on and I'll go a little bit faster. Should I time myself on this my own my own stream? Do I put a timer on it? No, we'll go faster. Uh again, Mita over the bare zone. Look, if Micron was going to hold, you wanted to see that. That was the equivalent of a hold at 1050. Micron did not in fact do that. But who did? Nita did. Holding is prevailing. See this? This is the what I would say prevailing downtrend. It is now upside 713 uh to 720 is was remains support almost like that's exactly where it bounced off of today. Uh intraday is one thing. Essentially, what you're going to do here is just assume that these are again more consolidation ranges, which means that you can get up into what is that 755s.

755s and over 75s, you're probably in fact going to see that 800 sooner than later. This is all the on the Meta Muse Mania. Um, personally not impressed with Muse, but you know, to each their own. I think if you're impressed with me, you don't use AI a whole lot or have not. And I need to adjust this. Oh, wow. That's what I had before. This is support is actually going lower, which means that this is more and more important. Again, we're going to watch that little pivot right there. That's uh 742.

If she can hold over this, this is solid. Um, the one thing I would note is that where you are right here is testing this little area. So, still resistance, but it is pushing up through resistance. Absolutely. Um, yes. To be crystal clear before the Muse announcement was over here in the five and 600s.

It's 750. It's a different story. It's a different story over here. This was all like, oh, they're going to have to pay all this whatever for the court hearing for the the legal issues that they were having. Still a thing, but all of a sudden, not a big deal. And then out of nowhere, seemingly muse. And here [clears throat] you go. Great. Yeah. In the And as long as the Muse Mania holds it, it it could easily go higher. Um, speaking of, did you guys just sell it?

I don't know. Is Is this a good trade location though? No. But is it trending? Yes. Is it holding? Yes. Absolutely. Like if you're long-term, perfectly fine. But if you're short-term trading, no. Like if you want this to go up in the next 36 to 48 hours, that's that's more sketchy. Um, moving on. Loos better trade location. Not getting the breakout, right? Um, this guy is still I'm still saying, hey, look, I believe that we should see into the 375s up here. Got to get through 360 first. This is where they sold it before. They're selling a little bit tighter, lower if you that makes sense. Um, I'm not going to use that. I'll just use this to And then we also have that same prevailing down downtrend, but the different Google

has not broken out of it. Right on Google's side, this is your support. You're just now coming out of it and you're still heading into resistance, which is at 360. So, can Google ahead of earnings continue to climb this wall of worry, if you will? I think so. And if she does actually get through that post earnings, the setup is very squeezy. It's not going to happen before earnings. I'm just going to put that out there. But, um, if she gets through that post earnings, that's going to be even better long-term. Look, now you can kind of start to see what I'm talking about. Take off all these drawings. We'll just go to a daily longer term view.

This this what we talking about on other items. You get the breakout, the retest, and reaction. That's what you want to see. The little rip, the little roll. Do we get the rally? That is the question. That is the question. But is it setting up now? Yeah, she's been setting up probably for weeks. That remains.

Lava [clears throat] rockets. Same sentiment as before. My sentiment is that we are probably recreating this over here, which means that probably a lot more to go. I think it's this tool. Yeah. If I took that, we call this a fractal. I'm just saying you took the fractal is a funny word to say and you overlaid it.

Just saying. I think it's still there in range. Do you guys know how to trade this stuff? If you don't know how to trade it, maybe scan the QR code. We'll teach you free, but I can't do it in one stream. Cannots. Uh, but yeah, this does look like it's heading back to the 60 level. Uh, if not slightly lower. You just want it to hold 55s. That would be your kind of like uh we would call like liquidity sweep if you will. possible that it goes lower, but um but I do like space in general as an accumulation into next year, longer term. Quailcom, that's my level. I got my alerts flashing like one, two, three, like three alerts flashing. 172, that's my level.

Spot 22 actually to be precise. Now what I need to see is I actually need to see this up over 127. So I have the retest and reaction. Now what I need to see for continuation. So this is a nice to know from a momentum perspective I actually need to see continuation. And so to get that continuation I actually need to see this go over back over. So the two different things here.

One, do I think it's on support? Uh, and do I see support holding? Well, yes. But does that mean that um it's ready to go up? No, that doesn't mean that. That's a different thing. So, a diff so separate thing, right? 178 give or take. When it's over that, then yeah, then she's ready to go up. In the meantime, what could happen, and if if you're not too careful, and if you don't know how to trade these things, you could get stuck getting whipsawed in a box like this, going long, I don't know, at the highs over and over and over again, expecting a different results, only to get pushed back to the low.

But what I would say is that 172 happens to be my level. And so far, so good. But is she going to go up yet? different different question. Um, so I'd say over 178 then yeah, she's she's going to be a little ripper. Um, and that will likely be into the 190s, high 180s potentially. Um, and yeah, ultimately over here, but that could take time. That could take a lot of time. So that's where we are. Uh, constructive on support. It is what it is with earnings coming in about three weeks. So, I like this spot. Uh, again, it's just an accumulation zone. You can go through this. I mean, a while back, take all these lines off. Now you see it.

Now you see it. Support. But what I mean about going higher is like, yeah, you do in fact need to go higher because this is where they sell on you, where it broke down. So, I needed to go substantially higher and then it's going to be ready. Can I prepare? You're not sure. But not short dated. No way. Know how? That's uh that's going to get you in trouble.

Does it look good? Yeah. But I think it is actually in consolidation for a while. Palunteer, [clears throat] what do you want me to say about Palunteer? I don't understand the question here. I mean, dead serious. Um what uh actually don't understand the question. Um support is where was there's not really anything to do or say about volunteer.

Well, I'm trying to think what they would want. Uh you know what if you want the question like this this is I don't have time [clears throat] to if I I would I would love to answer this but I think you know listen to the earnings transcripts they all basically say that uh and if you want more hop into the hop into the group and we can chat.

Look, 222 is alltime high. After hours alltime high. If you just go on a daily closing basis, that's a little bit different over here. That's 207 spot 50. You want to be careful. You want to be really careful right now as it stands in this moment. Um, this is setting up to not hold.

But can it? Yeah, it can. It's like right there. 207 spot 52. I don't even know if you got a daily close. I think Friday was a daily close. Look, you want continuation. These two candlesticks, if you don't know candlesticks, again, join the apprentichip. We'll teach you all about them. Um, can I inverse alt I? Yeah. So, I just turned the chart upside down. I flipped the chart upside down just for a second.

[clears throat] From a technical perspective, we use something called price action. Price action means candlesticks. specifically Japanese candlesticks, not hyenashi candlesticks, not rain code, not line charts. Um, you have to be using the original Japanese candlesticks. When you do that, we are typically looking for something called a two to three candlestick setup. Two, two, three candlesticks set up.

That is a trigger. Then you can uh so you need to you need to close above. That's your trigger. That's for sure. You need to um actually that can be above or below. Welcome to the school of games by the way. And then you need um you can either get you can get option A retest or option B continuation confirmation.

Simple stuff for entries. So you get a trigger. Trigger means watch me. It's happening very likely. Your oh shoot entry is either that retest and reaction or continuation. If this was a short side trade like if I wanted to go short on this chart, continuation below would mean below here, right? Do I have that?

No. Two to three candles. This is one, two. [snorts] This is setting up if it goes any further in this orientation. Remember the chart is inversed. In this orientation, you would expect over that level this um near exact. You would expect near exactly this.

So mark that level. That would be your trigger. Right now you have a invalidation of continuation which is here and that would be one two three candlestick trigger. Kind of looks like a little US outlet right now. Let me go ahead and fix it for you. This is real. Here's that level 20958.

If you wanted to be bullish, you need continuation, right? If you're looking for a breakout, if you're a breakout trader, what's your level? 20750. And that means that you need a a retest and reaction. So, did you did I get a close over? Yep, I did. Now, now I'm getting a retest right coming in. You need to see are you gonna get a reaction that you don't know question mark. You don't know. Um and then you're going to have to get on top of that confirmation of continuation which happens at 20958. Imagine that it's still 2958 no matter what. So the best case scenario, you're going to get a retest and reaction. Does it mean it's

going higher? No. There's your level. I zooming in, right? So you have to close over this. And not only do you have to close over that, you have to continue higher beyond for to actually continue. In the meantime, if it goes any lower, I'll give it to you this way. Lower than Thursday's level. Yeah, expect a pullback.

That is what it is. If it was a horoscope, that would be great. You know, if it was statistically proven, it's just not really a horoscope. Don't tell. Don't tell you. So, what matters though if you're trading for something like that is the open, where we open and where we close and moving on, right? Um, so it's in the middle of the day. We're not closed yet. Hang tight. But know what's at risk. Nebius not getting through. So 220 Nebius, I'll just tell you that 220 level is the equivalent of 979 on Micron.

I'm going to blame uh I'm gonna blame Iran on this, but the Neocloud's um you know, not doing well. Neocloud's not really doing well. The lower support here is is is lower, right? Um is a big giant consolidation. That's true. Real big consolidation. you go, which is kind of breaking right now. Just intraday. Again, depending on the time frame that you're executing on or that you're looking at this, you might want to default to like a weekly if this is a position for you, like a long-term position. And in that case, it could just be a wick this week because we got CPI on Wednesday. So, be careful.

Um, to me this could be a falling knife and I don't want to um jump in. I cannot say based on until until we get to Wednesday because you are you're not back in in good graces until you're back over 220. So on Nebius, look, you got to get back over 220. If Micron were to lose that 979, it's going to be the same exact uh statement.

If Micron loses 979, it's going to look a little bit like this. And she's not going to be back in good grace until she's back over that level. So, right [clears throat] now, I'd steer clear. Sell calls if you want. Um, but higher. This is a news-driven stock. Any I think this is more like, oh, I got a deal. Nebas didn't. That's bearish. Nebas, she's expensive. That's what I'm kind of looking at. Um, Zeta looking good.

very I mean small cap look if she continues she's holding I mean from any stretch of the imagination like you're there over 33 and a half like that's it 28 was not a big dip um but it was an important hold 25 would have been a better trade location didn't get it so far didn't get it I don't think I they might be gone depending Um, Zeta Live is done and we'll see how it goes from there. This is a very small cap.

8.3 billion 8.4 billion. 45 would be your target from here. Kind of like a palunteer. Does she hold and just chop for a while? Maybe. Maybe. Um, if you want a baby dip, it would be 3240. There's your high 3240. It's like nothing. Burger dip, but that's what it is.

I ran um Yeah. No love. Look, losing it on good news. I think this goes in the in the in the dumpster. I just I think this ends up being a Ponzi, guys. Don't know what to tell you, but that's just my two cents. Um, look, 28s, unless she gets back over 3650. 28s. Yep.

That's what it is. Sub 30. [clears throat] Do what you will. If the chart's going to hold, that's the absolute bottom barrel support. Anything like that, anything below that, I mean, it's already not a good look. It's already not a good look. It's just It's not a good look. So, um, all I can say is this is this was the third shot more recently.

One, two, three shot. Usually the four shot pulls back significantly. My measurements are giving me third sub30. If you want to front run me, you go 3222. We call this a price of interest. Essentially, if this is all going to stay, um, and even if you get something like this, it has to look like this. That level is going to be $322. Actually, here I would do I would go so far as to say set an alert. [snorts] And the way that comes out, again, if you want to learn this stuff, we do teach it. But if that's going to be the last low, if that last low is to hold, which is 28 and a/4, then you want to go to the low before the last low, which happens to be 3222.

And that becomes what we would call a price of interest. Price of interest. Get it? An interesting price. Is it support? No. Is it a pivot? It's a potential pivot. We call this like an order block. I wonder if I could pull it over here. Yeah, it's very very close to not exact but close.

32 33 if you like it. Um, does it have to hold? Who knows? But what I would say is that if this is back over 3650 from here moving forward, I think you could actually go long on this. um for a trade, but not until it's over 3650 cuz then I would get it. I would I would I believe that we would be seeing a fourth attempt. Definitely if it's over 40, uh then we would have that fourth attempt into that overhead resistance, but I don't see it yet. TBD earnings not till December. It's got a ways to go. Verizon. Okay. So, probably yes.

Verizon, T-Mobile, AT&T, Charter Communications, I don't know. Um all of these as all these guys were shellacked on um Elon's headline of of you know SpaceX going into their invading their space spectrum. You know do you have to buy it on day one? No, not necessarily. But um under the 200 week simple which is at 41 I think it's it's probably worth a shot. Uh that was also prior support 41 $40.70.

Verizon's doing okay. This is what it looks like longterm. You know, uh you got definitely a lot more to go and $46.25 right here happens to be a pretty important pivot. So take that with a grain of salt. I mean, if you do get down here, what I mean by that is like if it is over 4625, which is a ways away. I think this was a news kind of um move, it's going to be in a better position.

Um that's just where it is right now. Again, even further back. Yeah, 42 becomes a major pivot because this is resistance over here longterm. And I'm only doing this view because I don't think you care about Verizon differently. So 4287 um yeah and then 46 is what I said, right? This area that is your must hold kind of level. And you can also see this is a weekly chart.

Big deal. It's literally right on it. Over 40, 287. She's probably fine. I don't hate it. I don't I really don't hate buying things when they get shellac like this on like kind of crazy crazy news to me, right? See, T-Mobile, similar story. Um just curious. No. Yes. Yes. Yeah. Bouncing out of the support. Same thing.

Super similar. Super similar. Okami. Um you know they keep asking don't know what to say. I kind of explained the difference between something being at support and something being ready to go. Two very different things. Is this my baison? Yeah, it is for sure. Right there in all her glory. Is support holding right now? Yeah, sure is. Is it ready to go? No.

No, she not. But is this support? Yep, I believe so. If it's if this support level does not hold, it's not I mean it's probably in the sub 90s. Um and at that point for me, I'm long enough term that I'll buy I'll buy over there. Uh and worst case, yeah, it's probably there 83s, which would align here, here, here. I have no reason to think that that happens though.

zero reason to think that that happens. In the meantime, I do think that this is probably a spot right there. But we'll see. That's coming up on the on the 200E simple. This purple line also got earnings, too. So, they got a they got a warrant exchange with um open anthropic for at 110 a share. Look, it's below 110 a share. It's below 120 sh 120 a share.

110 a share. My guy, of course, I remember you. How do I feel about Goldman, which is in the diamonds coming into earnings? Which which one has the best trade location? I mean, Goldman had a good trade had I like it. Here's where I'm at on um Goldman. Uh two things. It's Morgan Stanley, too. um and JP Morgan for that matter.

All of these banks, if you like them, look, I do not ever say like earnings are a good thing to gamble on. Uh I would not I guess it depends on your risk tolerance. Um, it's like this. This is this is genuinely a solid pullback for Goldman.

I'm beyond all my If it absolutely falls apart, it's going to get shellacked pretty heavily. I don't know that that happens. Um, from like a long-term perspective, this is just it's just it's channel up, channel up, channel up. It's a very aggressive channel up. So, sure, it could be at risk. Um, but it's a discount from the recent levels. If this is over 9 20, call it 30. It's going to look even better from here.

In the near term, I think that that puts your support around 780. So, it would only be equity to me. Or you could take one small pot shot for optionality. Uh, and it would have to sustain a hold over 970 basically over that and over that and that would put it back in the up channel, the upward trend. So here's if you like this from that perspective, one, you have to be long-term. Um, any any expectation about um earnings is a straightup gamble. nothing other than a straightup gamble. I don't care what kind of research you do, it's a total freaking freaking gamble. Um, that said, if you were to dollar cost average somewhere in here and then spread your buys out, your DCAs out probably three to four, have another one planned here and another one planned here.

Actually, basically big ones here. The thing is you could buy small here, small to medium and assume it goes lower and plan larger buys like that. That's what it has to be. Otherwise, if this doesn't happen, cool. Buy small and then you get this. Buy a little bit larger. One, two, and you split it up, right?

you split it up, but you cannot expect that that's a it's a bad it's a bad bet otherwise. Um, but that's how I would do it personally because you never know on earnings. They could crush it and stock will just get crushed. [clears throat] It's definitely a thing you guys are asking. You know, the requests are just for the straight up wrong things. We'll just tell you that right now. So, it it's a it's a funny, you know, my guy is asking for the right things definitely.

Um, but the broad request, this is how off this is how off like retail is. Not no offense, but like guys, why? What? Like, literally, I've been saying something different all day. So, it's like, what am I am I even am I even What are we What are we doing here? Right. I I don't think I'm going to do these. But listen, this makes me either think you're not listening or [laughter] or like you just want to know your charts, which you maybe that's a different stream.

Um Yeah. And no one cares if you're backolding. Especially the market. The market's not your friend, guys. Market is not your friend. That's what you got to understand. I'll try to be your friend. But but I'll give you a little tough love at the same time. How's that? Although if it takes too much of my time, I'm not, you know, I'm move on real fast.

>> [clears throat] >> um 254 that's an equivalent level to the uh to the microns 979. So here here's what I'll say. This is not the this is not the place I believe in right now. I'm we need to you need to go back to the beginning. What did I say? Go back where you came. Look, intraday what's important is that like intraday what's true is that cues can flush. Today's afternoon, this afternoon could be rancid.

I'm on a 15-minute chart now. Maybe this helps you out. You are looking at this kind of a pullback that is in the charts as we speak. That's like I'm pretty sure I said I don't want to see exactly this. I mean that's like near exactly what I do not want to see near term. That means if we continue down we're going here if we can't recover between now and tomorrow [clears throat] morning and Wednesday. Who knows? But this could set up I think this sets up as a fear dip possibly. Possibly a fear dip because of CPI coming.

We're looking at CPI and we're like, "Oh, okay. This is coming on Wednesday near-term." [laughter] We got Trump over here, our boy with oil like just ripping to the upside. Is it a dip? I have zero interest in here's the [clears throat] best way to explain. Buying a dip in this exact moment.

It makes me think about this though because here's the thing. Like if if I'm right or whatever. First of all, you're already long, right? We're all probably already I'm already long. I'm already long, guys. So like am I going to and I'm long from lower? Generally, if I get this dip and I'm already long. Like what am I doing? What is the purpose of that? There's no purpose. Especially if it's very possible that I'm going to get this dip.

Call me crazy. It's gonna be a better situation if I can get something. Look, buy when there's blood in the se streets, right? Wait till you see the whites of their eyes. You ain't seeing nobody's whites of their eyes here. Nobody's really scared. It's not happening. It's not until this starts to fail that people will actually get scared. And and honestly, if you like that, if you like that, dude, Rusty, I'll try, dude. Yeah. Buy when there's blood in the streets. There's no blood in the streets.

None. Rip the band-aid out. Come to papa. You guys want to know a secret? Anyone in my crew knows this also. Um, we joke. It's joke. It's a joke amongst everyone. And that is that like, oh, I'll wait till Jason's stop loss hits. Like when I say a trade is good from here to here, what what that means is that the lower end of the here is the lowest point at which um you could cons consider this move happening, right? Um we like to buy pullbacks, right?

If it's if it's at the low end of my support, like support is now broken. One thing to note is that support is not actually a hard line in the sand. It's more like a like a trampoline. And again, you know, uh, by the way, I'll I'll redo this code. Click this link QR code there, down there, there, there. We teach you this stuff for free. It's not It's not hardline sand. It bounce price bounces through it. It's like trampoline. You'll bounce bounce bounce. That's like a eventually like if you bounce too high, sometimes you break right through. But that's why you want to wait for things to finish. The the weekly candles to close, daily candles to close, things like that.

[clears throat] If that's happening, I have two things in front of me. As a as a high frequency trader, we don't want to anticipate, right? We But we do want to react. You go lower, you can react. This is a short in near-term. That is just one trade. Longterm, different story, right? Long-term, it just means hold off. I might get better dip buys because you're still going to be long longer term, right? And then shortterm, there's a trade.

Just chill. Just chill, fam. Market ain't going nowhere. But there's an inkling of blood. Ain't nobody thinking that there's blood. There's no blood in the streets just yet. I don't have it telling me that we're going to continue on lower, but today it could. I I meant from a a trend perspective today. I I didn't want to see that at all. Intraday, but we're getting an intraday. And then still tomorrow.

Still, by the way, tomorrow I would say this is on par on deck. If you got that, that's uh what is that? Thursday's closed. Um, and then still that could still happen post Wednesday. TBD TBD. I think this is choppy. And uh, yeah, if you don't know how to trade it, um, either sit on your hands or learn. And if you want to learn, we'll teach you Thursday.

How about that? Meanwhile, oil still ripping ripping through. Oh, oil's just going to run it up right now. Holy shamole. Oil's looking like she wants to go. Who has bew I'm just like, dude, what are we doing? This thing crazy. In addition, dollar going up. Um, you know, out of a consolidation. Honestly, you don't want to see a super strong dollar. I mean, like long-term, globally, yeah, it's nice to see. You do want to see the dollar, the US dollar um hold strength, but near-term dollar going up like this is actually not bullish for dollar denominated assets.

Like you remember my my my most fundamental short is GDX has been you know do I have a trade on this? I actually do not. Um but from a fundamental perspective my highest conviction don't want to be long is gold miners. Like I just don't like this in any sense of the imagin like look imagine the dollar goes up what they produce is gold dollar denominated assets if the dollar is worth more then the gold is worth less in just trade terms. What else is happening right here right now? Oil's going up. Do you know what these guys highest like cost is like their biggest expense in the gold miners is oil.

Gold coming off alltime highs, oil coming up off the lows, dollar going higher. Dude, that is not a good scenario for the gold miners. You can like the company, but uh it's not a good scenario. Actually, I'm I'm like talking myself into a trade as we speak. Don't do it, Jason. Don't do it. Yes, it is fuel though, right?

Although [clears throat] I will say it looks like a good short, guys. Who knows? Valcom on the low. I just don't think that that's the space. Like Apple um new highs, right? But not holding yet. I need to see a weekly high. I need to see a weekly high hold. Unfortunately, I'm not seeing that right now. this for the week needs to close over. I think I'll close this Apple trade uh over 341. It's possible. I don't want to see this go below yesterday's high. That's for sure.

That's 338. But look, if you're on my stream Friday, I liked Apple. She got a move. We'll see if it can continue. It's not It's not not continuing. But well, it is not continuing. It's not not good, though. Is possibly decent. Um, I want to take some off off. Too busy. There you go. Too busy.

Broadcom's going to be in that tech sector. I don't know. She's on support. She's been on support. This is where support has been. support. Support, where you at? Probably fine, but on support again, you know, taking the majority down, actually stopping somehow here. Not actually going back in yet. TB, not if Q's fails. If Q's fails, it's not going to be good. ESTs already did.

It's probably just, you know, it 48 was your level. that support has been was there's a difference [clears throat] though and I think it's important to understand onoff skip Western Digital um not over the level 40750 no trigger not even a trigger here no trigger global foundaries I'm hoping is better but it might not be I think 46 oh she held 4650 4640 My level resistance. Resistance.

Big gap turns support. Trampoline support. Support a little bit higher. Higher. Higher. Good. Low boundaries looking better. Very headline driven though. At least definitely on support. Oracle. She's at the lows, baby. Well, I can tell you 132, but is she going higher? No. Same thing.

Like, is this possibly the low? Possibly. Possibly. Possibly. But there's a difference between going up and not going down. Two totally different things. [clears throat] tough 136. Still big consolidation. She's expensive. Resistance, support, TV. See, this is a setup where like so many of the of the charts can change between now and Thursday. It's such a big deal. Um, Intel. So I wanted Intel at 110 something like that. She did not hold.

So Intel's 110 is the equivalent of microns 979. Didn't hold. Didn't hold. So that could mean going back to Well, you're already at low hundreds. This is now if So what I did here, this is actually from this entire low end here to the high of of this Oh, is this not giving it to me? Come on.

Gives me a point of control for that entire move. Most people's buy price is about 100 bucks. It probably bounces, but you need to see it reclaim back over 110 from here. There there are gaps below to be filled. Um, and you're in the 96s otherwise. I don't want to see this in the 70s, but it's possible. It would take a long time to get there, but it's possible.

11071 was my level. 11 1071. It was the same level as Micron at 979. These, and you saw it on Nebus so far. You saw it on a handful of other stocks fail. So would Micron hold? It's gonna have a hard time with the rest of its brethren or not. Cisco, I'm Cisco's in the Dow.

Longer term, she looks great. like that. I'm inclined to like this more, but it's not continuing through. Big old kind of consolidation. This is my one concern. It didn't even get there. I thought it was going to get at least there, but it is currently somewhat of a consolidative channel. downside. [clears throat] If this doesn't hold, then yeah, you're probably into the 110s again, but it's not that's not a whole lot from here.

And right here, right now, that is yesterday's low. So, you can't you can't uh if it closes below yesterday, Friday, today, we're probably going to see that. So, it's at risk. But if it holds here right now, you have a retest. The market rolls over, then that retest is going to fail. TBD cadence uh cadence synopsis have run a bit. They're still holding.

Software sector is not bad. Here, look. Sub sectors. This is what you want to do. GDX holding oil definitely the strongest utilities nobody asked me about that what's in the Dow energy industrials saying software is high but extended financials look financials energy utilities oil possibly oil services Right. Software is extended and healthcare is on a bit of a rebound.

We'll see. Does healthcare balance out? Oo, just saying backwards like do Dow theory backwards, right? Okay. You know, it's the Dow. Well, what are the big DAO um sectors? Financials, right? That are not it. Industrials, healthcare, these are tiny. Energy is small, looking in those areas.

And if you don't know how to do that, then you pull up their sectors. What is Let's go. XLE straight up. XLE energy. Sh. She looking good. I made a trade with Maddie today for the in the stock combine. Oh, you know, I just felt that he deserved to have next decade and I felt a little bad keeping it from him. So, you guys will probably see this. And I traded him for I think he I told him either either VST or Next Air.

I didn't care. Um, honestly, I just don't know enough about Next Decade's Catalyst on Deck. And I know he does and it's it's his it's his baby. It's not mine. I felt like he deserved it. Um but yeah, if energy goes, this is just that's a utility. Big best probably best of breed utility in the country. I like it. It's a great spot by the way also for both of them.

So yes. Yes. 3M hidden catalyst on 3M cheap. I think it's a buy. That's just me. I'm I'm I've bought right here multiple in the past multiple times. I mean, quite frankly, I bought significantly lower substantially larger quite frankly. By the way, if you want to see this kind of stuff, these are like apprenticeship things in No, not in apprentice in long term.

We do do investing. We do investing. Oh, it's the threads. Not pins. Threads. Threads. Boom. There you go. Here.

GE 2.0. To me, it was actually GE 2.0. This is a while ago. That was the bigger bias. Pre-olventum spin out. It's not like your they think your boy's just a just a quick day trader here and there. Doesn't know that like Yeah, I do use day trading, but spin-off a little bit. A little bit cool. sold Sventum as the story progresses.

That was at 125. We're now at 160 from a 100 sub $100 pre-split as a while ago. But yeah, I like it long term. Maybe Walmart Oh, look. See, you guys said Walmart. Walmart's in the Dell.

Yep. I don't um [clears throat] Yes. But I think uh you want to has a contract with Micron since me being in there. I think from a compet competition perspective on is probably like my my black horse is a $10 billion company 135 now. um with test and measurement, right? With the largest kind of contracts actually that are just KLA is sold out, right?

Um key site sold out. Um these are the equ equivalents. Yeah. Companies gaining traction. Is it expensive, dude? It's like 100 XP. So, D Y O R I think is the the biggest sentiment here.

All right, guys. It's a wrap. It's a wrap. But you know I'm sure it would be nice but Johnny it's not in anything talked about if open AI and anthropic can do trillion dollars of AR by look come to the school we talk about this stuff all the time again I do a ton of like long-term stuff you know Um but I would just say you know uh there are when I buy into it or recently and I

bought Honeywell recently. How's my in doing? H not too bad. green. You guys know honey wells in the Dow and that that that thesis has not gone. Oh, what? Listen, the students make money. Oh, you want to chase Micron or or what have you? Appreciate you, man.

I'm not a Chinese guy. I am Japanese. You never know. But yeah, the Honey Well stuff I I actually still look still. This is the cheapest that has been since 2019, by the way. Crazy. I did not do the aerospace thing. The reason I dropped it in the draft was because of the aerospace company that actually is not best to breed, but you know, it's probably okay, but it's not like it did kind of break the thesis generally speaking.

And [clears throat] across the board, again, another aerospace name that says they cut guidance and told us the supply fix is a 2027 story. That is from an aerospace perspective. Every single one of them say that. [clears throat] So wait, maybe they crush it on earnings, but it's probably okay after that. I think if you rewind, you might see it.

Thank honey. But if you want more guys, look, seven lessons and then a webinar. If you're tired of being green one day and red the next day, So muted.

Do not know how long. 10:50. Looks like a full minute possibly. M you gang is in the house. Although what I was saying didn't it didn't need to have my commentary. Like if you rewind and you watched it on mute, I'm actually sure you would have understood what I was saying. It happens all the time. I have no idea how that even happened.

Zero clue. Yeah, maybe you saw a micron 2K. Maybe you saw a little cubby handle that you want to watch for. Maybe I was saying you don't want to keep buying the highs and potentially selling the lows, and you want to learn a different way to approach this market. And maybe we'll teach you about it. But I'm I'm sure you got that. [laughter] I know June did. Okay.

is not a bad idea. Although I don't know how I have no idea how to do that. But anyways guys, look, if you're long and uh you know the market's going against you, you probably feel like saying I don't know, whatever. We want to be careful. You want to watch out for three black crows. Another little reminder.

It is a candlestick pattern. Just saying. Hey, anything can happen. It's a big giant week. A ton of stuff going on. Earnings CPI Wednesday. Honestly, it's probably going to be choppy as all hell, but turn the notification on the channel. I believe I don't know if I'll be live live with a MIT tomorrow, but I will be live this week. Uh I got a lot of stuff going. Actually, the calendar is clearing up slightly this week.

Slightly. I'll try and stream probably around 10:30. I'll try and get some scheduled streams out for you guys this week. I didn't dude, you know, the hair is messed up today. I appreciate you, Carl, and Chels and Connie and June, the whole crew, David, especially George. You know, I met George in uh Chicago.

Chicago. George comes up to me in Chicago and he's like, "Dude, I took your master class like at this point now, probably like two years ago." And uh I was right on, dude. [clears throat] And then he goes, "Bro, I quit my job out of training full-time." I'm like, "Shut up." So many stories like that. And I love meeting you guys like in person. It's amazing. Um and then seeing you back in in the chat and the crew. It's like, wow, these are true story.

Very true story. It's a true story. Ask George. But like, this is how I know stories like this are like this is what um it's what it's about straight up. So, um hopefully George is probably blushing right now as we speak. Just say luckily you don't have to see him, but he's probably saying that. But uh you know that's how I know that um Oh, really?

See, there you go. That's how I know that what we've built is like so good. So good. And I'm seeing even many many more stories just like that. So I'm I'm very proud of what we've done. I'm super grateful that, you know, we are, you know, as a community growing um and that the right people are getting access to the right things, you know, and this is just it's just a huge it's a huge thing and it means a lot to me that you guys are here every day uh or as as much as we can. And uh hopefully we'll be able to give you more of the same.

And dude, the best is yet to come. If you have not seen the portal, I'm just telling you the best is yet to come. Scan that bad [clears throat] boy. Get in there because this is only getting better and bigger. It's amazing. So, all right guys, I love you all. Until next time. See you on the other side. Peace. >> [music]