Topics covered:
1) 0:00 Announcements
2) 1:00 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 5:10 Discussion on cutting losses
4) 9:30 Stock Review – Mega Caps: TSLA, MSFT, NFLX, CRM, AAPL, GOOGL, FB, ADBE, SHOP, AMZN, QQQ (ETF)
5) 15:20 Stock Review – Software: BILL, DDOG, NET, MDB, CRWD, OKTA, ZS, PANW, NOW, U, SNOW
6) 19:55 Stock Review – Semiconductors: NVDA, AMD, AMBA, UCTT, TSEM, PI, MRVL, AMAT, SMH (ETF)
7) 24:05 Stock Review – Watch List/General Ideas/Commentary: ALB, LTHM, LAC, ENVX, OIH (ETF), XLE (ETF), DXCM, INMD, CDXS, SI, BROS, MP AFRM, FND, ONON, GLBE, ABNB
8) 33:10 Stocks near buyable ranges: AFRM, RKLB, CCXI
9) 34:30 Conclusion/Summary

Market Summary:
As I mentioned in recent videos, keep it simple! We’re in a strong uptrend and I expect it to last into year-end. Of course, there will be normal pullbacks and shakeouts along the way, which is why I stress getting strong entry points and using the key moving averages as your guide. This past week, I did notice the divergence between Mega Cap tech (QQQ +2.35%) and the small and mid-cap indexes (IWM -2.83% and MDY -1.06%). I view this as a normal pullback in those latter indexes, but I will monitor it closely. The best thing you can do into year-end is stay focused on the strongest stocks, many of which I review in this video.

I also take a few minutes around the 5:10 mark to discuss loss cutting. It’s just a reminder that even though we’re in a strong market, you still have to manage risk with positions that turn against you. If you have any questions or would like me to review any stocks not covered in this video, you can ask them during the next webinar, which will be Sunday, November 21st at 7:30PM EST. Thank you and have a great weekend!

Unusual Option Activity
11/19/21 Coinbase (COIN) with 1300 February $440 calls bought $12.80 to $13.30
11/19/21 Applied Materials (AMAT) into early weakness a buyer of 1000 June $160 calls for $13.20 to $13.70
11/19/21 Facebook (FB) buyers of 1475 February $425 OTM calls $4.85 to $5.20 offers
11/19/21 Affirm Holdings (AFRM) with 1350 December $140 calls bought around $10.65 to open, many spread with the $160 calls
11/19/21 Taiwan Semi (TSM) with 2,600 March $100 ITM calls bought today from $25.45 to $25.60
11/19/21 Taiwan Semi (TSM) also with 950 February $100 ITM calls bought for $24.30 to $25.50
11/19/21 Taiwan Semi (TSM) also with 5000 December $125/$140 call spreads being bought today for $3.13
11/19/21 Silvergate Capital (SI) seeing 500 May $200 calls bought up to $63.60
11/19/21 Cloudflare (NET) buyers of 1000 May $250 calls today for $22.70, rolling up the March $210 calls
11/19/21 Roblox (RBLX) the December 10th (W) $140/$160 call spread being bought 1000X today
11/19/21 Enovix (ENVX) with 1000 April $30 ITM calls bought today for $10.60 to $11
11/19/21 Etsy (ETSY) with 1700 January 2023 $175/$55 bull put spreads opening this afternoon for $11.40
11/19/21 Adobe (ADBE) seeing 900 Dec $710/$760 call spreads bought for $13.50, adjusting the $670/$760 spreads higher
11/19/21 Adobe (ADBE) also with buyers of 600 April $760 calls to open for over $1.7M
11/19/21 Asana (ASAN) 1000 Dec $145 calls bought for $11.25 as the Nov $110 and $115 calls close 500X each and adjust; earnings 12-2
11/19/21 Tesla (TSLA) with over 20,000 Feb $1350 calls bought between $69 and $72.50 as the Feb $1300 calls bought on 10/26 adjust
11/18/21 S&P 500 ETF (SPY) buyer of more than 20,000 Dec. 3rd (W) $472 calls for $2.17 this morning
11/18/21 Affirm Holdings (AFRM) with another 5,000 February $150/$200 call spreads bought today for $13.78
11/18/21 Evonix (ENVX) 1000 April $30 puts sell to open $5.30 to $5
11/18/21 SoFi Tech (SOFI) with over 8000 July $15 ITM calls bought for $7.60 to $7.85
11/18/21 Snowflake (SNOW) buyer of 300 Mar $580 calls $6.70
11/18/21 Lucid Group (LCID) back to 8-MA and 5000 next week $46 calls are bought for $4.01 as this week adjust
11/18/21 Indie Semi (INDI) with 1500 Jan 2023 $30 OTM calls bought for $1.40 to $1.50, stock trading around $15.50
11/18/21 Marqeta (MQ) opening seller 800 June $22.50 puts for $4.70
11/18/21 Ultra Clean (UCTT) with 1,850 January $55/$50 bull put spreads opening for $1.40
11/18/21 Apple (AAPL) seeing 2,000 December 31st (W) $155 puts sold to open today from $5.05 to $4.95
11/18/21 Google (GOOGL) with 1100 Dec. 23rd (W) $2900/$3000 call spreads bought as November adjust
11/18/21 Amazon (AMZN) traded 4000 Dec. 3rd (W) OTM $4000 calls with some aggressive buying in the afternoon, valued over $4M
11/18/21 CrowdStrike (CRWD) opening sale of 450 January 2024 $240 puts for $47.60