🚨 Watch Before Monday 9 30am! My Trading Plan This Week to BANK

The market is near all-time highs, with the S&P 500 7% away from its peak and less than 2% from the 7000 psychological target. The VIX is below 16, indicating reduced fear. The VIX over VIX 3-month ratio is at 0.8, suggesting low short-term volatility expectations. Crypto, specifically Bitcoin and Ethereum, are key indicators for a risk-on environment; Ethereum needs to clear $3200 and Bitcoin $94,000 for a strong upward shift.

Mid to end of December is historically a strong period for the market, with average gains of 1.5% between 1950 and 2024. This could push the S&P 500 toward the 7000 target. Upcoming data includes September Jolts job openings (October data will be skipped) and the Fed funds rate decision on December 10th. A rate cut is highly anticipated (86-90% probability), but hawkish commentary from the Fed could still introduce volatility. The next three months are expected to offer excellent trading and investment opportunities.

The speaker promotes Funded Next for day trading futures without using personal capital, highlighting its 1:1 profit target and maximum loss limit, no daily loss limit, and no activation fee, with a 10% discount using code TTT. Investment opportunities discussed include Meta, which was a strong buy below $600 (now $700) due to low PE and high free cash flow yield, especially after cutting spending on Reality Labs. Robinhood was also a steal near $100, providing a pullback and retest opportunity.

Netflix is a long-term investment, currently at a significant trend line and the golden pocket of its Fibonacci retracement. Its potential acquisition of Warner Brothers Discovery, though causing a short-term drop, could be a future discount. Netflix is fairly valued at a 42P and 32 forward PE, with strong gross margins and revenue growth. Tesla was a successful swing trade based on a manipulation drop to its 100-day moving average and trend line retest. A retest of the imbalance near the 50-day moving average to the $470s is a re-entry point, with most gamma exposure at the $500 strike and primarily positive gamma, presenting a low-risk, high-reward setup.

Other successful trades included Coin and Uber, noted as fundamentally undervalued. A lost swing trade on BMNR might recover if Ethereum shows a risk-on signal. The speaker invites viewers to join the Traveling Trader Academy for real-time entries and key levels, and to watch free courses on day trading futures and potentially options swing trades.