 Welcome to Access to Trader, the number one community for those who are committed to taking control of their trading in order to achieve success, profitability, and longevity. Thank you for joining us. Here's Dan Shapiro to help you find your edge, master your process, and own your future. Hi guys, good evening everybody. Welcome to another edition of the access to trader.com nightly wrap up show. Everybody is doing well. If it is your first time here, guys, thank you very much for joining in spending a couple of minutes with us. One thing I ask is take a moment, like, hit the like button, subscribe, share, tell a friend, right, tell a friend, and hopefully we will continue to provide the day to day analysis of unbiased analysis of what we see in the stock market. That's the most important part. If you are interested in Pivot Skies, there's a feed, there's a link down in the comments. Again, kick the tires, culling board for 30 days. You'll quickly see the difference between kind of what we try to do every single day in the quote unquote normal. All it takes is 30 days. You'll figure out if this is a right fit for you. So let's talk about the tape. So if you look on the surface today, nothing really to, you know, to talk about. You got the Dow down, you know, down by what? 100 change, 162 points. The S&P down 15, NASDAQ down 44 points. Again, very, you know, orderly, orderly back test into the five day moving average after this really magnificent run, reclining back to 20 day moving average and going basically from 433 all the way to 449 and 3 trading sessions. So a bit of a breather on the indexes is normal. It's normal. It's healthy kind of reset stocks. And if you look at the scoreboard today, the leaders, they rested, right? You look at Microsoft rested. You have Meta today, rested. You have Google today, rested. You kind of, you know, you're kind of getting, getting kind of getting the idea on the video. It continues to just march along, right? March along the big story over the weekend or actually was on Sunday. This is after I recorded the video. News came out of China that AMD and Intel, right? And the Intel were going to be banned from government computers. A lot of people read that as, you know, Intel and AMD are banned from China. No, they're banned from Chinese government computers. And again, you can make an argument potato, potato, you know, tomato to model. It's the same thing. Government computers, you know, it's just, it's really not, it's not the same thing. And the most important part was, again, this business is all about reaction. Shoot first, ask questions later. And you see, you know, this morning, AMD was, you know, looked like it was about the fall of a cliff. And it had a major reversal today. AMD, when green on the day was actually up three points. Again, it really does show you after kind of going back down about a buck on the day. But if you told people on Sunday afternoon that AMD was only going to be down a dollar today after that headline, I think they would sign up for it. But honestly, it really does demonstrate that there's number one dip buyers still in this market. And people sometimes just overreact and they hear and see what they want to hear and see instead of actually reading the headline. And you know, the semiconductors this morning started out weak. They gained traction and the usual suspects. You had SMCI. SMCI still, you know, doing what SMCI does on the video this morning, despite despite the, you know, the early morning weakness, we talked about the early morning weakness potentially was a buying opportunity. That's exactly what happened today in the video on gapped up 10 this morning, gapped up 10 this morning pre market went down, went red on the day literally, you know, literally went down a day $3 $4 trap the shorts on the rising 60 minutes support. Again, we talked about this on last night's video and just had this big, big move. And again, we'll get to the pivots in a second. Also, news came out this morning that Qualcomm, Google and Intel were all working together to kind of get a chokehold, right? The chokehold Reuters report reporting of AI, the AI capabilities of Nvidia and again, Nvidia, again, this is still the highest close despite it, trading 17 points from the highs. This is still continues to be the highest point in this whole formation. We're consistently seeing we saw that on Friday. We're saying that pretty much the whole day today. All slew guys quarter of a million million dollar bets continuation of the thousand dollar call buyers. They are they are determined that this damn thing goes to a thousand this week again is it possible it has a res date tomorrow. Absolutely. It's well deserved. But so far and so far the narrative continues to be thousand dollar calls for the weeklies with good Friday off only a short expiration rental of three days. And we're starting to see for next week, right in the second week, first week of April, we started seeing 1040s, 1050s, 1060s. They're still ramming up production on those bets. But the biggest sign continues to be in any great bull market run is speculation money. Okay, the one thing that the bull market of 2000 the dot com era had was speculation money flow in the forms of IPOs. Now this wasn't a great year of the last couple of great years for IPOs. But there's a couple of this year that are starting to really, really stand out. And one of them that both of them on the screen here, one of them is a lab. I'm not really familiar with this one. But this a lb is pretty much almost doubled since its debut and read it right read it today. We talked about it over the weekend that hey, you needed a little bit of point of reference to trade to trade reddit. But reddit took out its IPOs highs today and went all the way down to 62. And at least we're having again, you see this little linear regression line. At least we're getting some sort of forms of data that's forming the longer it trades, the more data points become available to us. And this is one of those markets that the way these IPO markets are going and there's a rotation out of the stocks that are resting like the Microsoft, the Apple's, the Google's, the Amazon's of the world. And if they go into the IPO market, it means there's no greater speculation than IPOs of companies that have no history of absolutely trading. The only thing bigger than that is Bitcoin, right? Bitcoin today, I believe it hits 71,000. So you have all the elements of still a generational, ridiculous type of market. You have Bitcoin, super speculation, the IPO market, super speculation, you have the leaders resting on days that are resting. Money flow goes back to those names when they're about to resume. And you have ridiculous speculation money, still the options market, especially on names like Nvidia. So going into tomorrow again, the scoreboard really doesn't tell us anything. Is it possible Nasdaq has one more day down, maybe test back this 10-day moving average? Yeah, why not? It's very, very possible. If you look at the SPYs, kind of the same mirror image of the Nasdaq 100. And last but not least is the diamonds, the Dow, pretty much the same thing. All three look like they just need a nice little rest. Again, doesn't mean the market is a short. There's still so much speculation money spillover that you don't need the short stocks in a bull market. You don't need to time, you know, you don't need to put in a series of events and series of thought process of, well, the stock can't go any higher. Of course it can. Who says the stock can't go higher? I remember in 99 and 2000, Amazon had a PE of 3,000, right? There's no way Amazon goes higher than 100. And yet here we are, right? So guys, the guessing is cool. It's great for conversational peace, war cooler talk, impressing strangers online. The guessing is not going to put stakes in the freezer. Continue to go with the momentum, even if there tomorrow is another bad day of the indexes. Again, guys, the indexes are just the sum of the parts, right? As I've been saying for years, there's no such thing as the stock market anymore. There's just a series of, well, it's a market of stocks and that's exactly what we're getting here. So going into tomorrow, guys, let me give you guys some ideas that I do like and then I'll give you guys some, we'll show you guys some pivots from today. So, guys, look at Robin Hood, talk about a speculation name, right? Look at Robin Hood. We've been watching, first of all, Robin Hood has been on an incredible run. And the theory behind this Robin Hood move with Reddit is they kind of hand-to-hand, right? The Reddit trader is using the Robin Hood. If Reddit's going to go higher, that means Hood's going to go higher. Okay, I get it. I'll bind that, right? I'll play along. But they are buying a lot of calls in this name. In the next two weeks, bets, we saw a lot of speculation money hit the options market. We saw the 1950s, we saw the 20s, and we even saw the 21s still being traded there. Look at a name like CLSK. I believe they are in the AI space as well. Guys, look at this chart, man. This is beautiful. It had this massive, massive move that started again, reclaiming the 50-day moving average all the way back in February, put in highs of February 27. Today it got above the February 27 highs. Watch this thing tomorrow. This thing confirms today's price action. This thing could have another leg up, so definitely keep an eye on that. Tesla continues to be a broken stock. Like we say, every broken clock is right twice a day. Keep an eye on this thing for the next couple of days. I'm still watching this thing for the bottom of the range here, the overall big picture story. But I am curious, and it did hold up fairly well today after a couple of times that they tried to take it red. Keep an eye on this thing if it reclaims back the 20-day supply in the next couple of days. Just another name just to watch. Again, like I said in the video, I think probably, who knows, I think it might rest tomorrow, but it starts resuming towards Wednesday into Thursday because Friday we are closed again. That institutional money flow is definitely the key. Keep an eye on it tomorrow. If there is any weakness in the video, keep an eye on it tomorrow. If they start coming back for those 1,000 weekly calls on weakness, it really starts playing the narrative going into the middle of the week. So let's talk about today's pivots, some really good moves. Really, really good moves today. Again, did everything confirm? Of course not, but there were some really great ones that confirmed. Arm, we guys remember Arm we were talking about on the weekend video. Arm 137 needs to build. Again, here's another example of why silly lines are not silly, right? So Arm took out this 37 and went right into one of these silly lines. Now the person who bought it into that silly line is a perfect example of why you have to understand where you're supplying demand zones because emotional buyers bought into this line and technical sellers sold. And it was a beautiful move, 137 all the way up to the 144 area. Beautiful move on Arm. Tesla obviously never got down to the 65-90 range. And the video did exactly what we talked about in the video. It opened red, it trapped, it took out Friday's highs of 948 and it put up another 20-point move, just an absolute dream of a stock for the last year or so, two years or so. Great move, right? It took out the 948 one all the way up to 968 and we're, again, not that far away from that reversal bar on 38. So great move, absolutely great move there. Google never got up there, Meta arrested. Fat did it do anything today? I wasn't even watching a PHAT. We talked about that on the weekend update. No, never took out the previous candle. Never took out the previous candle. AMD never gave a second entry below that 172, just literally reversed right at the open. Apple, you know, Apple came in a little bit, nothing big there. 170 needs to build. Apple lost to 170, went down to like 6940s and then pretty much did nothing the whole day. And last but not least was, I believe it was Carvana, right? Yep, Carvana. Carvana, 90 and 90 and a half needs to build. Carvana, not a huge move, but hey, it was already up, you know, $3, $4 by the time it got there, you know, took out the 90, took out 90 and a half and traded up to almost 92. So again, terrific action. You have speculation, Bitcoin, old coin, shit coin, dole coin, whatever it is. You have those names that are running a muck in the market. You have the IPO market that's hot. You have the leaders that's hot rotation back into the more aggressive leaders now, the SMC eyes and in videos of the world and the most important thing, guys, as we say all the time, look, life passes you by very, very quickly, right? We all know that. Okay, we all know that this type of action is going to be over eventually, right? We all know this. Okay, anybody who's ever traded in a foreign bull market, you know this, the key to life and the key to what's going on right now in this type of environment is enjoy it while it's here, right? Like I said, we all know one day we're all going to meet our demise. We're all going to be dead, right? We all know that. But it doesn't stop us from enjoying our lives now. Guys, enjoy the market right now. We know it's going to end, but enjoy it now. There's no reason not to. Guys, God bless everybody. Stay safe. And I look forward to seeing a lot of you guys in the webinar. Take care. Have a good night.