Before we get to our new ideas, I want to point out that Apple (AAPL) looks fantastic. If it wasn't a current Power Play, I'd be adding it right now.

It's been consolidating for longer than I expected, which has just made the pattern stronger.

So if you are not yet in, or you have been thinking about sizing up, take a close look. Just know how much risk you can handle, and have an exit plan. I'm currently looking for it to hold the $207 to $218 area.

Now, let's move on to New Idea #1:

Name: Tesla

Ticker: TSLA

Price: $343.50

Needs to Hold: $305 to $325

Price Objective 1: $400 to $420

Price Objective 2: N/A

Tesla (TSLA) looks like it is starting a fresh active sequence to the upside, with the election results providing a strong news-filled backdrop for the company. If it can get over $358, we could see the stock on "The Road to $400" by Christmas.

Now let's talk about New Idea #2:

Name: United States Natural Gas Fund LP

Ticker: UNG

Price: $13.85

Needs to Hold: $12 to $12.75

Price Objective 1: $17 to $20

Price Objective 2: N/A

UNG has been in a funk for most of the year. But it looks ready to ignite as a counter-trend trade into year-end.

UNG rallies tend to be fast & curious, and it could see the $17 to $20 area.

However, I'll point out that UNG is never a low-risk instrument, so mind your size.

-Scott