 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. Good evening, everybody. Welcome to another edition of theaccessitrader.com. Nightly update. I hope everybody is doing well. If you go back to the weekend video, I recorded the video Saturday morning. If you know anything about me, I don't watch the news. I really don't. If it's not on Twitter in the middle of the day, in the middle of the work week, I just don't watch the news. I'm one of the very few people who don't watch the evening news. It's just all depressing. So I had no idea. I don't even think the news was even out when I recorded the video on the weekend about, obviously, everybody knows about this now, about the horrific events in the whole Middle East. Countless years of debacle with Palestine and Israel and back and forth and back and forth. And just really, just through centuries and centuries, how people just cannot get along. I'm not going to go into the dynamics of what is going on. Obviously, everybody by now knows the details. I am in the camp for peace. I believe every single person walking the earth has the right to live life without fear, without persecution, and just be happy and healthy. And my heart goes out to all sides. All sides of what's going on, all sides everywhere. Just human beings in general. I believe in society. I believe in happiness. And unfortunately, through generations and generations, we just, as human beings, we just can't get along. And that's unfortunate. It's going to be like this till the end of time. But again, we're not here to talk about politics. I just wish everybody happiness. And if you've been watching these videos for years, that's all that's been my message. I wish everybody health and happiness, and hopefully everybody can eventually be at peace with themselves and peace with others. But that's not the case. So let's talk about the society part of the stock market. If you were under a rock like me, and you slept through all of the weekend and you didn't know what was going on, you looked at the market today from face value. And that's exactly what we talked about over the weekend, from face value, that the NASDAQ kind of going back into last week, had an engulfing candle on Friday that took out basically about two and a half weeks worth of selling, and we reclaimed the 363 level. Now, let's pretend you don't know what's going on in the Middle East. There is no macro news going on. Today, the Dow and the market and the Dow, the S&P and the NASDAQ all opened up about half of a percent, six tenths of a percent lower, which is not a big deal considering how big the engulfing candle was. Now granted, there was incredible geopolitical news. Again, this is a very fluid situation. We still don't know how it's going to end. We still don't know the full ramification what this is going to lead to. If you looked at the stats on a lot of the commodity names today, you had a lot of big things happening. You had oil surging as you could possibly imagine. Not exactly the greatest thing to be short all overnight. You had oil rise 4%. You had gold prices right 1%. You had defense names going crazy. Energy oil stocks obviously going crazy, and the NASDAQ just wasn't down. It wasn't down a lot. It was down six tenths of a percent, and slowly but surely stocks started getting stronger, and we were just in a situation that an inside day playing out. Without looking at everything from an emotional point of view, let's talk about things from a logical facts point of view. Obviously we know the horrific events happened this weekend that are still going on. Mass numbers of people are losing their lives, which is horrible. I don't care who it is, what race, what religion. It's horrible for another human being to die. Before it's time naturally. Accidents happen this and happens, but again, I believe in life. I believe in happiness. But let's look at the data today. We always talk about data. Today the bottom market was closed. The banks were closed, and that lead to about 20% of average shoe volume on the NASDAQ to be lower. When we had the market pre-market and we had the market in the middle of the day, there was no panic. There was no volatility. There was no tremendous wave of option bets one way or another. So what does that tell me? That tells me is people are sitting on the sidelines and kind of trying to interpret. Trying to interpret what's going on, what potentially going on. We still don't even know how the United States is going to fully react. We don't understand. We don't know the moving parts. This is going to be a very fluid situation playing out. The thing is because the market was so strong on Friday and because this candle engulfed two and a half weeks worth of selling, eventually traders almost in a weird way got numb to the news. They got really numb to the news and they started buying stocks. Slowly but surely you started seeing the market leaders get stronger. Microsoft and Meta and Apple and Netflix. These were all stocks were moving up. So if you didn't know the market was going through this crazy amount of spin cycle within 24 hours, you would just think, hey, the market opened up lower. It was an inside day. And you know what? The market looks absolutely great. And that's exactly where we start today. We start today, NASDAQ closed up 53 points, took out the previous channels high and now is within striking distance of reclaiming the 50 day moving average. Right guys? Always remember above the 50 days bullish, below the 50 days bearish. Look at the last time we reclaimed the 50 day moving average. The keys literally went from 75, 75 to 81 in three sessions. We are a couple of bucks away from reclaiming the 50 day moving average. That's kind of a big deal. That is really, really a big deal. And the one thing that Wall Street does have is a very long memory. If you guys remember when Russia invaded the Ukraine, the market was down one or two days and then slowly but surely everybody became numb to it. It was just part of everyday life. Unfortunately, but it became part of everyday life and slowly but surely you see headlines every day on the Ukraine and this and the other thing. I don't want to say nobody cares, but everybody's so numb to it. It doesn't even affect their thinking and it doesn't even affect the natural cost of the stock market. And that's exactly where I think eventually, okay? Eventually this latest rounds of violence and murder and all that stuff, all that bad stuff that nobody wants to hear and nobody wants to live through is on the table. Eventually and unfortunately everybody's going to become numb to that as well. And eventually we're going to go back to our everyday routines, everyday life and unfortunately millions and millions of people around the world are going to have an opinion, are going to have a stance one way or another. Our jobs as individuals is take care of ourselves, right? Look at yourself in the mirror, try to be the best version of yourself. Good person, kind hearted, smile, sweet. It's okay. It's okay to be nice to somebody that's not like you. It's okay to be nice to somebody that's not the same religion, not the same nationalities. It's okay. Okay. That's what makes the world supposedly great that everybody could come together. It's not the case, but that's exactly where we're talking about. And as traders we're looking at the big picture, right? But at the same time we're paying attention to what the market is telling us. So if it took two, three, four days for the Ukraine-Russia situation to kind of die down and the market to start trading organically, well so far it's taking us basically 12 hours. And you know, depending on obviously anything could happen tomorrow. That's obvious. Anything could really happen tomorrow. But the point is the fact that the bulls really held their ground today and even price improved above Friday's magnificent and golfing channel, that's a bullish thing. Again, we don't know what's going to happen tomorrow in the market. We never know, right? This is such a fluid event. God knows what could potentially happen. But when you look at the leaders and that's the most important part. It's not like the secondary, the third tier stocks were running up. These are market leaders. Apple, Meadow, right? Apple, Meadow, Microsoft, Apple, Google all in the green. And now we're very, very close to getting above the 50-day moving average. Normally I would turn around and say, if we could get it closed tomorrow above the 50-day, risk is back on. You can go along with no problem. But the fact is we have this big, big, you know, big, big bull staring us in the face with this whole Middle East debacle, that it's going to be very super hard to be long anything overnight because at any moment something crazy could happen. And knowing that something crazy has happened, this kind of changes the potential near-term dynamics. Will it have an effect on intraday trading? Probably not, especially in the first three, four hours. But the fact that we saw a lack of volatility today, which was the most important part, lack of volatility really shows you that the bulls, at least for the intermediate term, made a stand on Friday, price improved today. And now we are a day or so away for potentially reclaiming a big supply zone, which is the 50-day moving average. And here's the price, guys. Any close above the Qs, above $368, right? Literally any close above $368, we could be looking at really good prices. And if we could continue to negate bad news, especially macro-geopolitical bad news, boy, oh boy, this market does have a shot to really go nuts. And if you look at the pivots today, we talked about names on the weekend update. All these cybersecurity stocks went nuts. You guys remember we were talking about crowdsource over the weekend? Crowdsource went absolutely nuts. All these hacking and cybersecurity companies, PanW, crowdsource, NET, ZS, they had really, really strong days. Anything with AI started getting a little bit better as well. So the stage is set to tomorrow, okay? I kind of was more of a market watcher today than anything else. I'm not really happy. I came in long, just a runner, just a runner on the video, and I went from being up $5 in the trade to being down like $6 in the trade. Obviously, I wasn't happy about that. I had some cues as a hedge because I always, you know, again, if you've watched any of the P60 workshops, we talk about properly hedging again. So I made about $3 on the cues, but I lost on my runner about $6 on my runner, so that wasn't great. But I really, really liked the way the market held up, especially names that continue to have, you know, not so great news. I love the way Tesla held up today. I love the way NVIDIA, despite having a big gap down today, reclaimed back the 50-day moving average onto the close. So we're still very, very close to having these major moves. So if there is a potential for the market to go higher, and we do have a scenario that the cues reclaimed back at 368 level, all these things could wake up, guys. For the next couple of days, watch the video above Friday's channels. Watch Tesla, right? Watch Tesla above last week's highs. Look at Apple. Apple is, look how close this is to reclaiming the 50-day moving average on Apple. Look how close Microsoft is to reclaiming supply. Look at Meta. Metas has been going bonkers. Look how close Meta is. It's not even that far off. Earnings high. So we are set up, folks. We are really, really set up. Look at AMD, right? Look at AMD. AMD had a monster move on Friday, reclaiming the 50-day moving average inside day. Watch this thing tomorrow. So I think the next 24 hours or so is going to be very, very important. If the market doesn't get round for potential, any new headlines, God forbid, anything really dramatic that comes out of the Middle East, and we could shake off continued weakness that I think eventually we will reclaim back the 50-day moving average, and there is a potential that we could have a fourth quarter rally. Guys, I got to cut this a little bit early. I got to take one of my kids to basketball practice. Guys, if you are planning to join us in a live webinar, come aboard, man. It is 30 days. Take the trial. It's in the link in the comments. Try to drive these pivots. It might not be for you. If you have a $5 account, 100% this is not for you. I give you my word. There's plenty of small cap challenges that you could take on social media, okay? But if you are serious about pivots and developing your career, it's a very cool way of looking at the market. There's nothing random. Everything is very specific in nature. Stocks trade from supply to supply. When stocks take out supply, stocks will hire. When stocks take out demand, they go lower. And if you are a serious trader and you love technical analysis or like it enough to try something that you haven't seen before, the webinar could be right up your alley. So that's it for everybody. Have a great, wonderful day. I wish everybody, like we say, every single time, nothing but love and happiness and health and everything else falls into place. Guys, God bless. Stay happy. Be kind. And I'll see you guys. God's help tomorrow.