Everybody welcome back to the channel. In today's video, we're going to look at the overall Market once again and I'm going to be sharing some stocks that you should be keeping in your watch list for today. Things are looking kind of bullish so we're going to address it all right now. Let's let's dive right into it.

Right off the bat, we got the spy and the Spy right now is is trying to make a U-turn It's trying to climb higher. It's currently up by 0.45 The Uh Qqqs, which is the NASDAQ is up by 0.75 percent. Now right now, it's approaching a key level of resistance right up here. All right, Resistance at 442.

Um, I don't know how long it's gonna take to break it and I don't know exactly if it's going to break it today because of the Gap that's still on the Futures. All right. So right now I would just say take things day by day once again. Especially today.

Today there is a gap up and I'm looking at some stocks and they're at prices where I think Traders may want to take their money off the table. So I'm anticipating like either a shop or a pullback today. so watch for intraday structures for those all right now. Um, the first stock that we're going to look at.

actually no wait before we do that, let's look at the vix all right now. The Vix. The Vix got really really close to 19 on Friday and then it sold off at 9 30. Kind of like the market going up at 9 30.

And then they tried again yesterday but couldn't really break above 18. right now the market is up, but the vix is not down by much which is a little worrisome. It's a little worrisome because because there isn't, how do I say this because they could always be a green to Red move where we can see it pop on the vix right here. Like when when it doesn't make when the correlation between the fish and the Spy isn't really there like the vix is up but the um.

but like when the when the indices are up and also the vix are up then something has to give. Like either. Either there's going to be a massive sellout with the with the indices. the kind of like catch up with the vix.

It's something isn't right here. Something isn't right. That's really all I'm gonna say. so be very careful not to just jump into new positions out the gates.

All right, because this is not the retelling that we're going to see a massive sell off and the markets are going to rip. But no, so be be very cautious today. I Still think I still think 1950 isn't impossible. If that happens then Luke's gaps would would definitely get taken care of.

So just be on the lookout for that. Be on the lookout for that Now the first stop. let's look at it. let's look at Baidu All right now Baidu Had earnings today free markets and so far it looks like it did pretty well.

I Don't see they're not It says right here. Strong roof the bid expectations and they're well positioned to capitalize off of AI All right. So right off the bat they're They're bumping the stock up. which is which is good for the overall sector.

The stock is up by what from 124 to 129 by four percent. Watch for the break of the pre-market high at 131. If that happens, then we can see the stock run all the way up to let me change it to the Daily. Okay, so right now we are at 1 30.

Okay, yeah it could run all the way up to 135 to take care of this right here. Yeah, so watch for that watch for a pop like that. And also since we're talking about Baidu you gotta look at Baba All right and Baba also is up a little bits to 89. A run towards 91 dollars wouldn't surprise me.

Um, another stock is JD Let's check out JD right now this one is the most is one of the most undervalued Chinese stocks and it's right at it's right near support two this Gap right here got taken care of this one I Like a lot I Like a lot is consolidating, the volume is is good. the bullish volume on that um Friday candle is great. and also with the Positive news on Baidu money should flow on this one as well for a push up to 34.75 today. So watch JD and the Chinese sector for a move fire while everything else kind of chops all right.

Now let's do an update on somebody actually asked a question about W So let's check out W Right now now, W has been overvalued. but I don't like the way it's falling. It's falling really really slow and a volume is trash I mentioned this one I Believe on Thursday morning or Friday morning to watch for a potential drop is 65 dollars and right now it's just chopping sideways right at 70 and 71. I Don't like it too much for a short until there is another structure in today that makes it easier to know that it's actually going to drop on that specific day.

All right, but right now, right now it's just. it's just chopping and it's very irritating I will set an alert right here at 68. that way when there is some action on it I would be ready to day trade it, but for now it's just shopping in this range and it's hard to tell when exactly is going to drop, especially after it didn't drop on the first day which I thought it would which I thought it would. but right now I'm not I'm not in the stock I'm not touching the stock I'm just watching it for a potential drop and maybe for a new structure before I can get involved with Wayfair Now the next one that we're going to look at today we're going to look at.

Oh, this is not a soccer watch by the way. this is this is Nova backs All right and the love X Had a terrific day yesterday and today they put out news about their new products. Um, that is effective against a new sub variants so y'all can go over here. Y'all can read that news, they're cheering the stock up and the stock is up by uh by four percent.

Again, yeah, by six percent. What I'm interested in? Okay, look at this. This is this is the daily chart. It went from 331.

This was a phenomenal move, all right. And then it chopped and now it faded all the way down so it has a lot of rooms to recover. Obviously there is. There are a ton of gaps to fill at the top.

The main question is, when is it going to get there right? Like there are some gaps that are. Just, let's see here if there are any that are like way too high to be certain that it's actually gonna get back up there. Like a lot of the gaps up here, most of them got taken care of. The only one that's left is the one at 50.

So maybe a question is 50 within the next few months. Again, it's hard to know exactly when it's going to happen. especially when uh, the chart looks like this. It's not like it's not that like the the uh, how do I say this the the movements all right, the piece, and ah, very high enough it's not.

There's something missing here. and to me, I'm just waiting I'm just waiting for the candles to get a lot bigger, right? A lot bigger. and maybe a breath above nine to potentially see a move to 14. And obviously there will be another structure, a biggest structure that would cause another push all the way off into the 30s.

But for now, no Events is putting out this news and you should keep your eyes not just on Nova backs, but on the other stocks in that sector like mRNA for example, mrnas. These scandals are looking kind of nice and let's open it up at 112.5 which is right up here. So watch it for like, if money flows into Noblebacks, money's also going to flow in Moderna and Bntx, just like what happened yesterday. So I'm anticipating the move above 120 with this one.

Yeah, Oh yeah, um, definitely keep this one on your watch list as well. and that is the end of the video. Again, to have Early Access to these videos, you can click on the join button and click on the morning videos. I Release these videos every from Monday to Friday 15 to 20 minutes before the Market opens and then I release it later on.

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