What's going on everyone? The stock market made new all-time highs today, but it is too early to celebrate. Tesla and Google just reported earnings. Institutional investors are dumping on retail traders who are happily buying and winning, by the way. And we have some upcoming events that it's going to make for some crazy action. Don't miss today's video. The market is about to get exciting. [Music] It really is. And we can see that Tesla is going down in after hours here today. Now, is this expected? Maybe. So, right. A lot of people were definitely thinking that Tesla might have a negative earnings report right now. I don't like the earnings because I would just rather see a nice move, right? you know, as long as we get some good directional action, I will be happy. But it looks like they actually missed on revenue. Uh revenue drops for the second straight quarter here. Pretty rough. Uh Tesla shares are down 18% this year. So pretty rough right out the gate. Now the EPS and the numbers were pretty rough. Uh EPS came in at 40 cents versus 43 cent expectation. The revenue hit at 22.5 billion versus a 22.74 billion expectation. So, Mike, what are we thinking here with Tesla? You know, the earnings really weren't that good. Of course, the deliveries slid as we knew uh from their previous uh delivery numbers in July. So, what are we looking at with Tesla? And you know, how do you really think about this earnings report here? Yeah. So, basically, they just had a double miss on profit and revenue. So, of course, that hurts. And what the main like um like bottleneck for Tesla is right now is that people are perceiving the stock in a negative way. Because as we know, sometimes you can report bad earnings and you could have the stock rise and sometimes you can report good earnings and the stock can tank. And it really all depends on what other people think about the stock. And I think there's just a lot going on right now between the decreasing Tesla sales year-over-year as well as all the political stuff from this year with Elon. And it's making for a situation where a lot of investors aren't happy to and don't feel comfortable buying into Tesla right now. And like you pointed out, Tom, when we look at Tesla in a broader sense, especially over the past year, you can see it has been consistently like downtrending as we can see from uh that wedge on your chart. Yeah, the wedge is going to be very important in my eyes. I'm actually watching Tesla here in after hours very closely to see if we end up, you know, moving closer towards the bottom of that wedge. If we start to fall out of this, I think it would be pretty brutal for Tesla. At least right now, the stock is holding up okay in after hours. But whenever we go back, especially like the beginning of 2025, there was all of that hype as Elon got in with Trump and of course everything like that started to play out and then of course the falling out with Trump has hurt Tesla pretty bad as we can see on the chart here. And I'm really worried about Tesla in the short term, especially given everything going on with Trump. Uh but Elon is trying to make up for it, I would say, in a bit of a way. You know, he's going to war again, Mike. putting in it 7day work weeks and he might even be sleeping in the factory again. Oh boy. Yeah. So, we'll see what happens with Tesla going forward. Of course, Elon is definitely unique and he's done a lot with Tesla over the past few decades and he's done very well with it, but it looks like in like an ultrash short-term sense, they're definitely in a rough patch. For looking at this stock for trading, it is hard to trade it when it is just chopping around like this. Tesla is known for having great strong moves, but when it's chopping like this, it's very hard to, you know, risk money in in this type of setup. So, Tom, are there any key levels that are sticking out in the charts here where maybe if Tesla does start to build some good momentum maybe like in after hours that you know might present some good trading opportunities? Yeah, there actually are right now. Over the past few trading days, there's actually been a lot of opportunity and a lot of touches at 323. We can see there's been a lot of wicks touching that level. And as we go forward, if we start to see a breakdown of 323, that's where I'm going to start to look for more of a move to the downside. And I actually think that Tesla could end up falling towards $300, that is going to be a huge psychological level down there over the next few trading days and couple of weeks, as well as the bottom of that wedge that we showed, which will be right around that $300 mark. So, uh, that's that's kind of what I'm looking for to the downside. As far as the upside, there's a pretty clear double top over the past couple trading days with today's extension running up to around 33850. So, if we can break above this double top, I guess we could start to shift to the upside. And you know, it's always good to be adaptable. Exactly. So, let's keep it on watch. Tesla has a lot of work to do, but we shall see. Looking at Google for today, they actually beat their EPS expectation and their revenue expectation. their revenue was up 7% year-over-year and their EPS was up 14% year-over-year and their stock has been all over the place in the after hours. So, uh, basically when they reported earnings, they initially did pretty well and then they gave all of their gains back and now they're back up again. And a lot of this volatility is being attributed to the fact that Google said that they expect their fullear capital expenditures to be around $85 billion when they originally expected it to be around $75 billion and analysts expected it to be at like $73 billion. So basically they're set to spend, you know, a little bit over $10 billion more than what everyone was expecting them to spend. But that's not necessarily a bad thing, especially when a lot of these expenses, you know, will probably open up future uh opportunities. So, you know, Google's kind of all over the place in after hours right now. Tom, what are you seeing on this front? I really think that they had a solid report. I know that they had that capital expenditures news, which is obviously negative, but like, you know, if we go back uh looking at like the revenue, the EPS, the YouTube revenue, I mean, everything pretty much beat. So, I thought that it was a pretty good earnings report for Google. you know, they've done pretty good with earnings over the past few years if I'm being honest. And looking at the chart, if we go to like a daily, they've been recovering up in a very nice way here, and they're actually starting to fill a gap from when they fell down from earnings a couple reports ago back in February. So, I'm watching for this gap to potentially start filling and for uh Google to get up to around $200. That $200 resistance I think is definitely in play over the next few days if this continues to pop off in after hours like this. Sounds good. And as we know with earnings plays, you know, when there is strong movement, there's a lot of opportunity riding that move for multiple days after the fact. So like whether you're looking at Google, Tesla or any other earnings report for the week or even next week because we are kind of like in the uh you know the heart of earning season right now, keep in mind that these stocks are not just like uh to be ignored going forward. There's a good chance we can see some strong moves. So keep them close on watch and don't forget about all these other stocks reporting earnings as well. Looking at tomorrow, we do have Intel and Pneumont set to report after the bell and we have American Airlines and Blackstone uh before market open. So, keep your eyes open for that. And then we also can't forget that with the market today, there was some pretty big news on how Trump announced a massive $550 billion deal with Japan. So, basically what happened is Japan agreed to a deal that uh they're going to pay 15% reciprocal tariffs and uh it's going to require a $550 billion investment in the US and Trump said supposedly 90% of the profits from that investment will go back to the US. So, I guess the main good news here is that uh we are starting to see some deals uh being made, especially considering the August 1st reciprocal tariff deadline is approaching pretty quickly. Yeah, it's getting there. And they're trying to get deals done with even more countries, right? And another thing that helped fuel the market today was talks that the US and EU are actually getting close to an agreement. It looks like this is going to be about a 15% baseline tariffs on uh EU goods. And there's going to be some exemptions as well. I saw like for example that tariffs might not be happening on let's say uh spirits, aircrafts, things of that nature. Obviously there might be a larger list that ends up coming out, but that's kind of what I saw there. And this really helped fuel a lot of the spy run today, Mike. Like going over to the spy, looking at it on a fiveminute chart, it was pretty much straight up. I know that it dipped a little bit at open there, but besides that small dip early on, once we started getting news of these deals hitting, the spy took off into the stratosphere all the way up to $635. Like that is an insane run. So, I think the market was uh very optimistic on this news. Yeah, that's a beautiful site. And what's great to see is that even with the I would say somewhat negative and uncertain earnings today, you know, it was really good to see the progression with uh some of these tariff deals kind of like uh closing and you know, just good progress on that front. And like you said, overall the market really liked it. So Tom, when we look at the market right now, there are a handful of things going on that are, you know, really driving some of this short-term movement. When you look at SPY, what are some of the key levels you're seeing? And as we look at the market for tomorrow, what is on your radar? This was insane today. Like the way that the spy broke out above its previous all-time high and this double top resistance around 63150 was critical. It actually used it as support after it broke out. I know that we talked about this level a bunch yesterday and that's definitely going to be a level that I keep on the radar if the spy does dip back down a little bit. But I think that the spy formed a lot of intraday levels today. Like if we go and we zoom in on a 5minute chart, we can see that there were some pretty clear areas of resistance. I really like this 63275 to 633 level here. Uh if the spy does dip, I would look at that as a possible support. And I do think that 635 where SPY is sitting in after hours could end up being a pretty big psychological level here being like a $5 uh level and also just being um a nice whole dollar level there uh as well. But Mike, you know, we're kind of in uncharted territory. So, as far as resistance overhead, the main thing is looking at whole dollar levels and really identifying those intraday moves kind of like today how we started to see SPY peak out a couple times. You could have played it on the move on the breakout past that. Um, but of course, uh, you know, obviously whenever you're talking about the spy, there's a lot of up and down action. So, you have to be willing to maybe trade both directions. Of course, I really do like how we are seeing some good positivity come in, especially with this tariff news. And then on top of that, we're seeing a lot of just general bullishness in the market right now. Of course, in a smaller sense, we saw all the craziness with some of these meme stock short squeezes this week like Open Door, Kohl's, even Crispy Cream and GoPro today. Um, but what that is really reflecting more than anything else is that we're starting to see um some euphoria build. And we can actually prove this because when we look at this chart here, we can see that call options now reflect around 68% of all options market volume, which is actually the highest level since 2021. And we can see that with the blue line there. So basically, you know, we quite literally are seeing a lot of buying. And as short-term traders, you know, regardless of, you could say your bias, whether it be in the short, medium, or long term, you just have to adapt to, you know, what reality is. And right now, we're seeing a lot of buying. Um, and I think that is, you know, worth paying attention to, especially in terms of some of the short-term action. Definitely don't go against the trend all the time, right? I know everybody always wants to call the top and everything like that, but it's really nice to like ride the overall wave. And I know everybody that has like long-term stock accounts right now is definitely jumping up and down with joy as they see the uh spy making new highs. Mike, you know, even going further here, institutional investors are uh still selling to retail traders, which is pretty insane, right? Uh retail has been really running the show here. Yeah. So basically looking at this a little bit deeper, institutional investors sold around $800 million in stocks and ETFs last week on top of the $2.4 billion they sold in the previous week. This is actually their 10th week of selling of the most recent 11 weeks. And while all of this is happening, retail investors have been net buying for 30 of the past 32 weeks. So basically, the so-called smart money has been and still is selling while retail is happily buying and happily making a lot of money in the meantime. So I think there's a couple things to take away from that. One, um I think that, you know, of course institutions, you know, they're not selling for no reason, but at the same time, they've also been proven wrong for quite a while now. And I think it is smart to like have two different approaches to this where like maybe in the short term like yes, we're seeing a lot of buying and bullishness, but maybe just keep like a little bit like of a healthy level of just like skepticism where if we do see the market start to turn, you know, you know, you can be like quick to adapt. Like I think the worst thing anyone can do right now is to get like so like biased and anchored on the bull side or the bare side, especially in such a quick changing world and environment like we're in now. Yeah, who knows? Maybe we'll get a trade deal gone wrong, right? I I know that the, you know, the EU is actually threatening to do counter tariffs, right? Like there's a 93 billion euro counter tariff if no deal is reached that they're planning. So, you know, if if some of these deals get botched, it could end up bringing in, you know, possible selling pressure. But I do love how we've been actually beating the institutions lately, you know, being retail traders. I think it's a pretty cool site to see and, you know, it's awesome to kind of, you know, stick it to them, right? because they always like to screw over the uh the normal traders. But it's pretty crazy that uh that they wouldn't have been buying this up though, you know. Isn't that kind of crazy to think about, Mike? Like where have they been? What have they been doing? Yeah, I think a lot of it's with the unpredictable uh nature of Trump and you know, as we know, not only from this year, but especially from his first term, you know, it it definitely brings in a lot of volatility to the market, which is good and bad because like if you're on the right side of it, you can catch some crazy gains, but every now and then just some crazy event happens and you know, it can get pretty bloody pretty quickly. So, I guess just that's just like the nature of the beast in this type of market. But very interesting. And also looking at the market for tomorrow and the rest of this week, we can see that the schedule is like somewhat clear in terms of just like normal economic events. We can see that we do have some data set to release with durable goods before open on Friday, but we'll cover that more tomorrow. Uh the most important thing on this sense right now is this Trump AI action plan. So Tom, tell us more about what's going on with that. Yeah, it's pretty insane. And so the White House actually released their winning the AI race, America's AI action plan, which is pretty insane. I know that we've been talking about that for the past few trading days, and a few AI stocks did actually do uh pretty well today. But, uh, this plan identifies over 90 federal policy actions across three different pillars. Uh, I put some of the key policies right here like exporting American AI, promoting rapid buildout of data centers, enabling innovation and adoption, upholding free speech in frontier models, which sounds pretty nice. So, um, you know, I read through these. It sounds like uh, you know, they're obviously going to be trying to get a lot done with AI and it's just good to remove a lot of these federal regulations. I think I think it'll open up the door to AI and just allow uh you know companies to flourish and you know obviously that'll help stocks quite a bit too. Yeah, as we know AI has been like the main theme over the past few years and it seems like uh the White House was definitely putting quite a bit of like energy and effort into this uh little event we can say. They released like a whole 28page like packet today about this and uh Trump is actually uh set to speak on like this topic like literally as we're recording. So basically keep your eyes open for any headlines related to this. Um of course like some stocks like Nvidia are like you know some of the first stocks to look at. But as we know with um you know especially with Trump and you know with big events like this um I wouldn't be surprised if there are like other stocks that can potentially move off of it as well. So either way, keep your eyes peeled for that. And then besides that, Tom, how about we jump right into some setups and predictions. And a stock that is close on watch still is CWEB. So I know we've been hitting on this one quite a bit in the short term, and it's been doing pretty well, which is always nice to see. And uh it's definitely uh definitely still on the radar. So looking at this stock, basically we saw two recent big money plays with it. It is a 2x lever Chinese internet stock ETF. It's doing very well. Price action's been great. Good momentum as well. Um, it's definitely still on my bullish radar and I'm very excited to see how it continues, not only over these like next few trading days, but even more so over the coming weeks and months. The balance is playing out perfectly. I love the way it held that support and it's continuing to go up today. 3.44% on this breakout. Ever since it broke that recent double top, it has been on fire. There's a there's some pretty big resistances overhead that maybe it could test over the next few weeks. I'll definitely be watching it very closely. Mike, with my first play, I'm actually looking at Pony AI for a daily continuation play. Looking at the daily chart, Pony had actually been dipping over the past couple of weeks and I guess you could even say uh month or month to two months here, we can see if we go to the top of Pony's uh chart here and then we draw down to this recent low that was like almost a 50% pullback. I'm really watching it for a possible recovery play here with some of this AI hype starting to come into play. We can also see that it's tried to break out past a key resistance today at 1575. If we can get a good breakout of that 1575 level tomorrow, then I'll be very bullish on Pony and definitely watch for another good move to possibly come in. There we go. And like you pointed out, it had quite the draw down over the past few months, which you know is definitely uh rough when looking at it in that sense, but it also just moves a lot in general. Like today, it moved up by 8%. So it's definitely a stock where like when it has momentum and when the trend is in its favor, it definitely has the ability to move in a pretty asymmetric way. So good stuff there. Another ticker that is definitely close on watch is oxy and it is to the upside. There was this is another one with a recent big money trade for the 45 strike calls for October 17th. It was around a 670,000 trade and I really like the way it is continuing this pattern of higher lows. We can see ever since it's like initial selloff in April, it has been very consistent with this pattern of higher lows. And while it's a stock that does not have anywhere near as much hype as you know a lot of you could just say you know like inplay stocks it does move in a relatively slower smoother way which I think does offer value in this market environment and I really like the overall riskreward when looking at this stock right now. We can see right now it's trading for like $44.50. I can definitely see it as being like a justifiable trade with putting a stop under that like $4360 area with profit targets up to at least 46 uh if not pushing closer to 48. But either way, it's definitely on my radar. I really like that riskreward setup here and you know coming up off of that recent low around $42 and that support is pretty awesome to see. As long as it keeps holding that, I'll be pretty bullish on Oxy here in the short term as well. Of course, if that gives out, maybe things could change a little bit. But with my next setup, I'm looking at AMD to the upside for a potential breakout. AMD, Advanced Money Destroyer, or I guess as we should call it now, Advanced Money Dispenser. Ever since it came up from April, this stock is on fire. From the low of April to right where it is now, it's up around 107%. That's quite the run. I know a lot of stocks have made some amazing runs on this uh overall move, but AMD is actually coming up off of a recent dip. We can see on these two green arrows here, we're kind of showing how AMD likes to have these areas or times of pullback and then it will have a very nice recovery after the fact. I feel like today was the start of an overall recovery and another move to the upside. Of course, the overall market did very good today, but there is a big resistance here with AMD. $160 is critical. We can see it touching it right now in after hours. And looking at the bookmap closer today, there was a huge sell wall at 160. There was actually 156,000 shares stacked up there before the market closed. And we can see just how big of a sell wall this area really was. Uh if we can get a good move above 160 and hold above it tomorrow, I'll be watching for a breakout. We can see it even live here in after hours wiped out some of those sellers that were stacked. But of course, as the market closes, a lot of those orders uh you know get reduced down or leave. But nonetheless, the stock will be in play for me over the next few trading days. I love it that it's in like that AI sector as well. I feel like that that sector has a lot of hype right now and can really fuel the spy and I think AMD would be one of the main stocks doing so. Definitely. And if you haven't tried out Bookmap yet, definitely check it out. You won't regret it and you save with the stockup link. It's quite literally the X-ray vision of the stock market. You can see exactly where key buyers and sellers are at, key support and resistance levels, and so much more. Definitely check it out. Bookmap is awesome. You can save with the link in the description in the comments down below. But besides that, Tom, let's jump right into today's momentum plays. And with the first one, we have nano nuclear energy, ticker symbol NNE, to the upside. NE had a very nice day today and actually double top. So, if it can break this double top at 3725, then watch it up. All right, with the next one, we have Big Bear, ticker symbol BB AI, also to the upside. Big Bear, yeah, an AI stock on fire today as well. If they can break $8, then watch them up. They closed around 795 today. And then with the last one, we have Uber, ticker symbol UBR, to the downside. Uber looks pretty awesome today. If you're playing puts, that is if we can see it break under that low of pre-market right around 89.50, then watch it down. I like how it traded towards that $90 support today. So, if we get a continuation, watch for some puts. Sounds good. So, keep a close eye on these three stocks for tomorrow. They are on the radar for potential continuations if and only if they break through the levels listed. So, definitely keep that in mind. But like we always say, setups come and go. Focus on trading in a smart, sustainable, long-term oriented way. Whether you're trading momentum plays, big money plays, or any other play, focus on having a stop-loss. So, even if the trade goes against you, you will only lose a little bit compared to what you could have won. Using things like this and just being clear on exactly why you're in the trade are definitely good long-term habits to have. You can learn so much more about these and a lot of other sustainable trading habits for free in the stocked up discord and the key lessons channel. So definitely check that out. But besides that, Tom, we are all clear for today's $1.3 million big money trade and we are looking at ticker symbol DLO. So this is a DLO and it is a payment processing company for emerging markets. It's a fintech fintech company and basically the trader here uh bought the $1047 strike call options that expire on November 21st of 2025. Again, this is a $1.3 million trade. These options are already in the money. They have a fair amount of time to them. The stock has been uptrending in a decent way in the short term. The stock had a decent day today. Um, it's definitely an interesting setup, especially in the sense where when you look closer at the total amount of like calls and puts that exist, uh, basically there's like a call open interest of like 137,000 compared to a put open interest of like 34,000 or technically 34.7,000. And the, uh, call and put volume is heavily skewed to the call side as well. Uh, definitely a very interesting setup. I like how there's a lot of time to it. I like how it's already in the money and I'm excited to see how it does. Yeah, it's a pretty large big money play, too. You know, $1.3 million is definitely no slouch. Anything over a million, I would say, is pretty large. And looking at DLO, it's kind of in this pattern where it's been downtrending over the past couple of weeks. But with today's candle, I feel like that it could start to break that pattern and start to get back into its overall pattern of uptrending again. We can see over the past couple of years or or just in 2025 in general, this stock has been all over the place. Had a major gap down, uh gapped up and and is now kind of consolidating. I feel like it could uh start to come up off of this recent dip and maybe even test that recent resistance right around 1180 to $12. So, I'll be watching for that closely. I think that could be a good target. Uh this has plenty of time, though, so don't expect this just to necessarily go up tomorrow. I'm sure the big money is going to give it a lot more time to play out. Good point. Like if someone's looking at this stock to potentially move higher tomorrow, then they're just, you know, they're using this information in the wrong way. The trader here bought out until November for a reason. So keep that in mind. And if you guys are new to the channel, definitely consider obliterating that subscribe button so you can get our videos recommended to you more often. Every single day, we cover million-dollar style big money trades just like this one, as well as the most important earnings information, key economic events, spy levels, charts, and basically everything you need to know about the stock market every single day. When you subscribe, you'll get our videos recommended to you more often. It takes hours to make these videos, so definitely consider subscribing. And we also want to give a giant shout out to today's member of the day, Elanton, in the Stocked Up Discord, who had some nice thousand gains with some spy put options. So, huge shout out to you, Elwanton. Keep up the great work going forward, and profits like these are always great to see. Uh, like we said, definitely make sure to check out Bookmap as well. It is the X-ray vision of the stock market and um especially if you haven't tried it before, you really have nothing to lose, especially when you factor in the savings with the stocked up link down below. Definitely check it out. It's awesome. We're set for a very exciting day in the market tomorrow. And uh thank you all so much for watching and let's crush it.