The Good Place ~ Stock Market Social 🎤🔥

Okay, this is not cool. I'm glad I don't need the trade right now because my administrator app is not working. The futures were slightly green. Up to S&P was about four tenths. The NASDAQ was up about a half percent and they're starting to pull back a little bit and precious metals were green. Now they are all red. So very cautious marker on now. Very cautious what's gonna go on overnight and how we open tomorrow morning. But let me just say hi to everybody's here. Of course ETF Triggers here. Nevermind is here. What is going on? Nevermind. Let's see. Miss Shell is here. Shell is here. What is going on? Miss Shell. Hope you have a great evening. Glad to get joining us. Miss Shannon is with us. What's up, Miss Shannon? Good to see you, ma'am. Hope you had a great week. And Miss Kristen is with us all the way from Florida. Go Gators. Let's go Miss Kristen. Good to see you, ma'am. Miss Sam. How are you doing? Miss Sam. Hope you have a great evening. Thank you for joining us as always. And Miss Emma is with us from all the way around the world. What is up, Miss Emma? I know you're having a couple. You probably love this though with all these earnings coming out. It's like I do. So I appreciate the work that you do, Miss Emma, because I just have to click on your profile and get all the information, all the earnings and I don't have to do any research. So thank you, Miss Emma. Appreciate your hard work. Miss ARA Investors with us. What is going on, Aoria? I'll be having a great week in my friend. Get ready for some trading like me. My man, big mic. What is up, big mic? Good to see you, my friend. And it's too bad you couldn't enjoy all the Halloween candy like I did. Ha ha ha. Man, I bet you could have cleaned out if you wanted to, but good to see a big mic. As always, stock pursuit is with us. What's up, stock pursuit? Good to see you, sir. Hopefully you had a great weekend. Appreciate you hanging out with us. I see Michael Key is with us. What's up, Michael Key? Good to see you, my friend. Hope you're having a great weekend. And my three coast, Miss Shores with us back again. What is up, Miss Shores? Now you can join us. Mr. Elijah, all the way from Colorado, probably the best eater on eggs. I mean, no one eats as good as Elijah. He lets you know what he's eating breakfast, lunch, and dinner. And every time I see Elijah's supposed to be like, oh my gosh, like, what did you just make an hour ago? I came all in omelette or something. He made it omelette. I'm like, man, you're killing me Elijah. You're killing me, but good to see you, my friend. And of course, Captain Craig is with us. I was just thinking the same thing as you, Captain Craig. Why is it dark outside already? It's dark. It's not supposed to be dark early, this early, but man, it is what it is. This is going to be a sort of a quicker space tonight. I know it's since it's the, you know, everybody's getting ready for the work day. So we're going to cover this a couple things and get everybody's thoughts. And I'm going to try to, I wish my ninja try to work, but it's not. So let me go into my first course, Captain Craig. How you doing, sir? And how are you adjusting this time? And are you ready for a crazy week? Yeah, and my ninja trader is not loading either. So apparently they're updating or having a technical issue of some kind. But yeah, I didn't, I forgot all about the time change. And I looked outside and it's already pitch black. So I'm like, now I know, remember why I hate this time of the year. Actually in Georgia, we passed the law last year to not do daylight savings time anymore, but we're not putting it in place until it changes at the federal level, I guess. So we're still on everybody, but what everybody else is doing. And yeah, I'm just looking forward to, I guess Tuesday's the big thing this week to see how the election goes. So I got a feeling that there's going to be quite a bit of volatility in the market for the next two or three days, just with everything that's going on there. And then of course, they're leaking more stories apparently of possible deal with Iran and things like that. But they've said that like 500 times in the last month, but we'll see. It's going to be an interesting week, that's for sure. Yes, sir, you know it. You know it. And I actually did some research about the time change because the bill that they passed in the house, they did pass it, but it didn't go to the Senate yet. And it's the sunshine bill, I believe. But so far, there's only two states that do not follow the time change. That's Hawaii. And part of Arizona does not follow the time change. Hawaii does it because they're so close to the equator. But I wouldn't mind it. I don't know. It's just it's so dark here already. I've got to deal with Callie. She wants to come inside early. So it's always something. But we'll see what happens. Yeah, I appreciate that Catholic rig. I do have my, I forgot I have my other account. I have my Weeble futures account open. The ES is up for 10th right now. And the NASDAQ is up 0.58 right now. But I don't trust it people. I'm just gonna let you know that right now. I don't trust it. I don't trust it. Let me go over to my other coast all the way from Colorado. Mr. Elijah, what is up Elijah? How you doing my friend? Nothing much. Just chilling watching the Broncos game. First shoes. It's kind of boring. So I don't know. We just scored and then they're down by three now. But that's pretty much it. I'm just chilling. And then I'm going to pop open futures on Fidelity and then Steve. What's up? And hopefully we don't get you know smashed again like last week. So I'm just paying a waiting to see what's going to happen. So I'll just probably shift to buy a more growth to be honest in my rock account. And it's about it. So and I'm just slowly I'm telling off blocks and then just funneling it to OVQ. And so I'm getting it below 25 right now, which is kind of sweet. So but it might go lower depending on next week, especially with midterms on that Tuesday, going to add some more volatility. And then it's probably going to be some fear of mongering if one side doesn't win probably at this point as we know they've been putting in an air, bribing people to vote whatever. And so it's just I don't know. This is going to be an interesting week next week overall because we really don't know what's going to happen. I think we have what more big companies in tech or at least consumer or something like that too next week for earnings. So it's definitely going to be another event full week for sure. I like it a lot. I like it. And yeah, we I'm going to cover earnings in a little bit. We do have some earnings coming out. And one thing I forgot. I didn't even buy anything at all last week. I had birthday money and I had extra money left over for my monthly budget. And I didn't buy anything and usually I always do. So I'm sitting on some cash even more than I usually do right now. So I'm just see what happens. Just through the week, I'm not going to be a hero and go throw some money in and right now. I'm just on a wait. Like I said, I've got a feeling I don't want to jinks anything. Sure, sure. I don't want to jinks anything. But you know what I'm thinking. You know what I'm thinking. Cafe Craig, you know what I'm thinking too. I see we have a few more people that have joined us. Mr. C4 poppy, the legend is with us. What's up C4? Hope you're having a great Sunday evening, sir. And Mr. Matt is with us. What's up, Matt? Good to see you, my friend. Hope you're chilling. Get ready for the week. And this Rochelle Rochelle is with us. What's up, Miss Rochelle Rochelle? Good to see you. And Miss Yemen is with us. What's up, Miss Yemen? Hopefully you're having a great weekend. Happy to see you. And Yahoo is with us. What's up Yahoo? Good to see you. And I think I've caught up with everybody. If I miss anybody, I do apologize. But I appreciate everybody hanging out with us on this sort of special pop up to good place, stop market social. So let me go to my third coast, Miss Shaw, all the way from the coast. Miss Shaw, how are you doing? Are you ready for this busy week ahead, ma'am? Hi, everyone. Happy Sunday. Hi, John. Yeah, I am. I'm really excited for this week. It's going to be volatile as all hell. And I'm excited for that. And volatility brings out the greatest traders. And I'm excited. It's going to be a great week. We have a lot of earnings. We have hit the election week midterm. You know, and we all know what happens on midterm week is data. Data always past data always proves itself. So we'll see what happens. I'm excited. Let's go. Let's make some money. Miss Shaw is always in a good mood. And optimistic for me, I'm scared to death about how the market's going to open the morning. I'm just scared to death, Miss Shaw. Now I'm just joking. Everything will be fine. I like the volatility. You know that. I like the volatility. Let me go. We're going to go over some charts, too. We're going to go some charts, too. I see Miss Lisa is with us. What's up, Miss Lisa? Good to see you, ma'am. Hope you having a great weekend. Appreciate you tapping in with us. Let me go over to my other man. I see Michael's got a mic already. Michael, my man. How are you doing, sir? How's your weekend? Pretty good. You know, typical weekend watching football. That's about it. I like it. I like it. I'm sitting in front of the fireplace right now. Just relaxing, getting ready. There you go. Anything. There you look at that chart right now. Are you just focused on football? Get the football game up right now, actually. I don't look at charts. You know, I don't know how to read them. I'm chart illiterate. I understand football so much football. I like it. I like it. Well, hey, let's go over some charts real fast. In the comments section, guys, follow along with me. I've got two today is all. And right at the top, it's the SPX and the NDX, the Nasdaq 100. The reason I got these is just because I wanted to show you all where the simple moving day averages are and what we're looking at right now, moving forward. Let me get Elijah back up here. He must be having problems already, Mr. Elijah. What am I going to do with you, bro? Drop this phone. So if you want, yeah, he must have dropped it. So if you want to look at, let's look at SPX first. And I use the same website that Captain Crake uses for his sector performance. And this is just a free website you can go to as all kind of breakdowns. You can look up any stock in ETF. But if you look at the three lines on the chart, that's the 20, that's the 50 and the 200 day moving to average, the most important is always the 200 when times get tough. And on the bottom, it breaks it down how far above or below they are. And looking at SPX right now, it's 1.94 below the 20 day. It's 1.52 below the 50. And it's only up 3.7% above the 200 day moving average. So that's getting pretty close. But I was really surprised when I looked at the NASDAQ after the S&P flip over to the NASDAQ and look at that chart. You see the red candle where it's sitting? Yes. The NASDAQ 100 is only sitting up 1.64% above the 200 day moving average. Only 1.64%. And the NASDAQ is of course tech, heavy, of course. And if it breaks that level and starts pulling, it's going to pull the S&P with it, which could lead to some fun stuff in the market. Half-added Craig, I know you look at charts as much as I do. What do you think about it sitting right there closer to that 200 day moving average for the NASDAQ? Yeah. It's a little concerning that it blew through a couple of different levels super quick. And now that we're there, the good news is a lot of the rest of the market seems to be holding up. So maybe that'll lend some support to it. But it's basically, I try not to predict it's just a wait and see. But I think if we lose the 200 day, then yeah, there may be a little bit more downside for sure left. That's what I'm thinking to. That's what I'm thinking to. Miss Shaw, you're one of the best charters I know in the business. What do you think about what it's covering? Look on the 200 day, ma'am. Well, if you look at a nine-year chart on the S&P 500, if you go back and look nine years back, the market chart, we're in this new world where we think that when it hits the 100 or the 200 or the 150, which is a quarterly level, where we think that the market is just supposed to bounce and is just automatically bounces, right? Because that's what we're used to the last four years since COVID. But if you look at a nine-year chart on the S&P 500, you can see that the market tends to be under the 200 for a very long time. So there's no guarantee that a balance is for sure going to happen. What we have to pay attention to is money, price action. Price action is key. It's overall the biggest thing versus anything else. So what we need to pay attention to is to see if money comes in, if the treasury starts putting money back into the market, we've got to pay attention to all those different things. So this week, that's what we're going to need to pay attention to. Are they shorting the market? Is smart money still continuing to short it? Back down? Are these still doing liquidity grabs to grab more money and then to take that money and to short it back down? So that's what we need to pay attention to. But yeah, the market tends to trade under the 200 for a long period of time. There's no guarantee that we're just going to bounce. Remember, we're up a lot. There's significant amount of gains that happened within the last two years on these pumps. So I don't know. I think smart money is going to continue to take this market down. We have quarterly levels. We have rebalance thing. We have the last quarter of the year. So they're getting ready for next year. Maybe next year, we pump harder and we go past 800. But in order to go higher and higher, we need a correction. So maybe that's what's happening now. So we'll see what happens. I'm excited. Yes, ma'am. I'm in agreement with you. We will have to wait and see. I'm looking at just the daily right now with on the SPX and it's definitely in a bearish convergence. Look at the night D and the volume for the last last week. It's going to be wild. I'm just very curious. I don't see a whole lot of liquidity coming into the market with, like you said, with midterm coming up, I don't dislike myself. Usually I always put money in the market when I had money left over to end the month and I didn't and I always do. I always do. I'm not putting money in. Probably some other...