 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. Hey guys, happy Monday everybody. Welcome to another edition of the AccessToTrader.com nightly wrap up show. Hope everybody is doing well. If you are brand new to the channel, we would really appreciate a like, share, and subscribe so you could be notified when we get uploaded on a nightly basis. One piece of business for all you guys who are out there who've been loyal viewers and followers and all that good stuff. We are unrolling out our May promotion for the live webinar. If you have been on the fence or are curious about the wonderful world of pivots, we have an incredible community of really good traders and traders how most of them started out like a lot of you guys a year or two years into your journey. There's a lot of questions, not so many answers. You're kind of looking at the market through the scope of social media and you're only getting social media answers. It's pretty cool. It's all based on technical analysis, supply and demand, and all these wiggly, crazy charts, all these quickly lines that you think are so unnecessary. There's definitely methods to the madness. So if you are interested in pivots guys, Kyler will put in a link. You have several days to take advantage of it and I do believe it is pretty cool. And I think it'll really give you a different perspective of the market that you are used to. So let's talk about it. So Friday, we broke out on the NASDAQ composite. The QQQs broke out, finally got above this April the fourth high of 232163. And as you can see here, we are just building above it, right? We're just building above it two days in a row. And you can see here, since we broke out, we're kind of just straddling this rising 60 minutes support and just straddling here and just, you know, putting a lot of bears to sleep. Now, obviously, we have earnings still on deck this week. Tomorrow you got AMD. Thursday is the big one. You have Apple's definitely going to set the tone fed in between right in between all that stuff. We're definitely going to get the tone. We're definitely going to get a different type of sentiment, either confirmation or shift combination of the Fed on Wednesday and Apple's numbers. But right now it's the same thing. You were watching the same movie play out now for the last couple of weeks. You saw the soft, light-volume weakness in the morning. You know, they're getting down to the 60 minutes support. They're trapping on the 60 minutes support and then just ripping up towards the end of the day. And you can see that with so many examples. You saw Apple today, you saw Apple today drift down to the bottom of the range here, right? Drift down to the bottom of the range in the morning, showed some weakness trap go higher. You saw the QQs did exactly the same thing. QQs traded down to the back of the channel and exploded higher. You had Meta, which we've been talking about, awaiting for a final resumption since the earnings. They did exactly the same thing. They got down to the bottom of the 60 minutes support, trapped and closed the highest level on the earnings highs that we've been talking about for several days. It was imminent. We've been talking about a nonstop in the webinar. I know a lot of you guys got along really at the bottom of the channel here, which is awesome. That finally broke out above the 242 level, 1 to the 244s. So things are looking good in the market. One group that is not looking group is, well, again, the banking group. Obviously, everybody knows the fiasco with FRC. And today we saw another one. Not that it's withstood the test of selling, but they started coming, PagW. I believe they're a bank in the West Coast. Makes sense, PagW. They started coming when the stock was around 960s. They started coming for the nine and a half, the nines, the eight and a half, and the eight weeklies. Keep an eye on this thing. I believe they even came for the May 19 expiration. It was either seven and a half or seven. We don't know what's going on there. We're just kind of looking what the market is telling us. But look at the close on this thing. Look at the close. This thing is sitting right on its Bollinger Band. If PagW starts losing this Bollinger Band, who knows? Maybe this is the next one to start hitting the skids. We don't know. We're just kind of reporting the news. We are not making it. But the cool part about what we're seeing today, I thought today was one of probably one of more seamless days. I can remember stocks triggered. They just went, right? They just absolutely went. Even the bounces were very calm. There was no shakeouts. There was no jitters. They turned around and said, well, the volume wasn't great today. Well, the volume doesn't need to be great for a stock to hold the bottom of the range. That's the whole point. You don't want the stock to come in with 10 times volume on the bottom of the range. You want life volume. That's exactly what we're seeing here. What a lot of names. We saw the resumption again today in Metta. We saw in the video. The video broke out on Friday, right? We talked about it on the weekend update. It broke out on Friday, confirmed today. And this thing just went absolutely insane. And talk about the option flow. They were coming in right off the word go this morning. They came in for the 285 and 90 weeklies, right? The stock went to 290. One nuts. And then you started seeing the Junes 300s, 315s, 320. So I know a lot of the street has been very, very negative in the video. And with absolutely good intentions, but this thing keeps on just squeezing and squeezing and squeezing. So the mantra of the market has been exactly the same for tomorrow, no matter what you're trading. As long as if it's a strong stock and closed strong today, like a Metta, like in the video, stocks like that, if there's light volume opens on these things, we've been talking about this nonstop now for three weeks. But if there's light volume open and they get trapped and buyers are technically there to support emotional sellers at the bottom of the range, there's a good chance at some point that stock is going to go green in the day. We saw that today in the indexes, we saw that today with Apple, Metta, Nvidia, I'm sure there's other names. But the point is we are in a very, very strong market right now. Can that change at any point? 100%, right? We talk about this every single day. If I knew, if I really or anybody really knew where the market was going to be beyond the next trading day, and again, we don't even know 100% what's going to happen. We think we know what's going to happen. We are setting up game plans to believe we know what's going to happen. But until it actually confirms, a game plan is just a game plan. That's all it is. Until it confirms, we have nothing but a game plan on the table. So it's very, very important to be ready on both sides of the market as we talk about it. So let's review a couple of names just to kind of see where we are. Nvidia, again, breaking out here, good volume. They report in a couple of weeks. Again, any light volume weakness, you want to be a buyer. You have Metta that broke out today as well. Metta broke out today as well. Again, you want to watch this thing on any remount tomorrow, any remount tomorrow into light volume. You want to keep an eye on that. Apple reports on Thursday. The one thing I've definitely been noticing on Apple, and you guys saw this today as well, there's a lot of deep out of the money put buyers with some big, big capital. Again, is that going to automatically translate to Apple's going to lose their quarter? Who the hell knows, right? It's sole speculation, but there's some really, really big bets. I saw some bets for the 165s. I saw some bets for the 160s when the stock was at 170. I saw a really, really big bet for the 170 in the money puts. We'll see. Again, Apple is notorious for buybacks. Apple is notorious for dividend increases. Again, your guess is as good as mine what's going to happen on earnings. But we are seeing at least some, at least some clues from institutional market flow. Tesla, right? So Tesla had a couple of days worth of bounces. It put in kind of a middle channel here. I don't want to use the word, I don't want to use the word a resday, but it's starting to get very, very tight, right? You guys see that? I'm watching this thing either if it loses the bottom of the range here in the next couple of days, or if it finally takes out the 10-day moving hours. Here it's been rejected off the same level here, multiple, multiple times. So it's a two-sided trade. Today is probably one of the first days in a while that I didn't trade Tesla. It's just trading too tight. We're still waiting a little bit more clarity. But you can see here, it's either going to reclaim the 10-day moving average or lose the five and start going back to lows. Netflix today for a while was getting hit pretty aggressively today. It held support here. It's also starting to get very, very tight. You can see the 20-day moving average, which is the April 24 highs. And it keeps on holding, right? It keeps on holding this bottom channel here. Something has to give here in the next several days. Amazon is just spading since the earnings. This is the first close below this 150-day moving average. Obviously, when we talk about being prepared on both sides of the market, again, you need to have some longs. You need to have some shorts. So I want to keep an eye on Amazon. If you look at the 60-minute view, right? If you look at the 50-day moving average, you'll notice this linear regression line. And if it could just confirm today's channel tomorrow, hey, there's a shot. This thing does get to the 50-day moving average. Microsoft had a wonderful, wonderful run. Absolutely marvelous run from 300 all the way up to the 309 on Friday. I think this thing needs a couple of days' rest. Probably, I would get interested in this thing somewhere around this 303 level. You see this rising support here? Somewhere around 303. Well, yesterday, excuse me, today, maybe have one or two more days. Somewhere around the 303. Maybe it gets down to the 50-day moving average. It finally starts to wake back up again. Good-looking charts. But Disney, I also like, for the next couple of days, this is a long, long distribution. It keeps on getting rejected here at the same area. This thing is ready to go. It just needs to confirm the upper channel. So look, work where it's set up. I think there's a lot of technology names that look good. Spies, they started reversing today off the Bollinger Band. But all in all, it's the same formula over and over again. Weakness. Weakness in the morning. They get trapped in the afternoon. They go green, whether they continue to go green, or they at least trap at the bottom of the range. They are still doing both. And that's a very, very important point of what this market is doing and why a lot of bears are being very, very frustrated unless you're seeing a very specific stock, like a packed W, like an Amazon, with clear channels back to the downside that they need to be confirmed. It is a very, very strong market and it's super important to obey the trend and not to recreate your own narrative. A lot safer that way. So let's talk about today's pivots. Meta, again, here was the big earnings breakout. We talked about Meta on the weekend update. It finally broke out. 241.70 needs to build. Meta went all the way up to 244. Again, any build above today's highs is going to set this thing going. The next move higher, if this thing starts confirming today's channels, you have room all the way from 245 to like 255 in that whole hot pocket. So a nice move here. Meta towards the end of the day. Here was definitely the move of the day. Navidian 279 rejected twice pre-market needs to build. I thought at least it could take a shot and get to 281.10. Hell, I would say it did that, right? Navidian just went absolutely nuts. Here is the 279 that it got rejected twice pre-market. The two pre-market channels, this thing just went absolutely out of its mind. Again, they were coming from the 285s, 290s, Junes 300, 310s, 315. So huge move on Navidian. Congratulations. Definitely the move of the day. Tesla continues to trade in a very tight cycle. Disney, again, 102.60s got rejected now twice. Keep an eye on Disney for the near future. Airbnb nice little pop into supply. 121.33 needs to build. Here was Airbnb, right? Airbnb took out this 21.33, traded right to supply 22.60s. If this thing could put a new base in the next couple of days above 123, I think this Airbnb is going to wake up. Just check your earnings to make sure when they're done. ISRG we talked about on the weekend. Video 302 Sneaky Area in 305 needs to confirm earnings highs. Here was ISRG, right? It took out the 302, it took out the 305, went almost to 309. Nice move here before retrace here towards the end of the day. Oh, yeah, guys, by the way, before there was that earnings high, earnings high, earnings high move on meta, there was a remount that just what we talked about off the 60-minute high. I literally missed the remount. It was at 236.40s. I literally missed the remount by like two, three pennies. I know a lot of you guys caught it. This thing caught the bottom of the range, trap shorts, went the green, took out earnings highs, and basically was put up an $8 move from the bounce bar. So for all you guys who did get a great job, I missed the bounce, but I got the earnings break, which was fine. And I believe that is it. That's it, guys. So we are set up a good start to the week, very organic, very lethargic, very predictable, and that's the way we like it. Once again, guys, if you are interested in pivots, I'm doing this for 24 years. I never take credit for anybody's success. It's all about the charts. It's all about technical analysis. If you want to come aboard for the next 30 days, take a shot. What's the worst thing that happens? The worst case you look at the market with an absolutely different approach for the rest of your career, I think it's going to be really, really beneficial to your development. Guys, have a great, great night. God bless, and I'll see you all tomorrow. Take care.