 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 theAxisToTrader.com, a nightly update show. Every Monday, hope everybody had a great weekend. Hope everybody had a good training day. If you are brand new to the channel, take a moment just to click a like, share the video. It really supports the channel and that's all we can ask for and in exchange we'll try to give you unbiased technical analysis for only the next day because again we're not fortune tenders, we're just trying to talk about data, get the data, and try to trade off that data. So keynotes, key points for the day, the Dow Jones Industrial Average closes over 38,000. This is the first time in history. The S&P continues its strong momentum, the NASDAQ up another 50 points, but when you look at today's day from a point of reference, the market got a little bit tired. What I mean by that is NASDAQ futures were up about 110, 115 points pre-market and when you saw what happened from the open, a lot of these stocks got really gassed up. So for example, if you look at Microsoft, Microsoft had a big, big gap opening. It was up almost 4.02 stock came in very aggressively. AMD was up pre-market and they got downgraded by Northland securities I believe, pretty good amount. 100% on the day. Meta had a pretty big run, gassed out down in the day. Google, same thing, had a big, big move, gassed out in the day. You kind of get the picture, right? Amazon as well. The one stock that did not gas out and we talked about this last night on the video with a potential 600 rejection play was Nvidia. So I woke up this morning, the futures are up. The video was training around 5.97, 5.98. I'm like, perfect. I'm like, all right, this is perfect. My intention was I wanted to see the stock kind of speed up into that 600 area, get rejected, get short and then obviously use the high of the day as my out. The problem was it was straight in pre-market from like, literally from like seven o'clock in the morning to right at the open, it was trading 600, 602, got up to 603. So never really gave me that 600 rejection play that I wanted. Ironically, the stock also gassed out and you could see here, it gassed out and went all the way from like 600 area all the way down to like 5.90 and changed. It was a really, really good move and I know some of you guys took it, but it wasn't really the play that I was looking for. I wasn't looking for kind of like get tired, go down. I was looking for that speed up into that 600 area, get rejected and then get down. So again, for all you guys who did take the 600 rejection, went down as much as almost 10 off the highs, but ironically the most impressive part about every single other stock kind of tapping out and getting a little gassed out, the video held up, the video really, really held up. This is obviously the highest close in this whole formation and even when other stocks were coming in, they were coming for the 615, 620 weekly, it's very, very impressive. The most important part about this is, earnings are coming up I think in a couple of weeks. Speaker of earnings tomorrow, Netflix kicks off earnings season, at least for the beta names and Wednesday starts off Tesla, right? And Tesla was kind of the second half of the equation. Again, if you guys watched the previous video, you kind of know my whole thought process behind what I thought was going to happen today was there was a big reload buyer all week on the bottom of the range, there was no put buying coming up. So I was like, well, listen, if the stock kind of washes out, and this was kind of my notes pre-market, if the stock kind of washes out and goes red to green and starts taking out the previous channel, maybe we could go on a spike and it did that. We'll get to the pivots in a second. But all in all, a pretty productive day. We talked about some names on the weekend video that broke out, Micron, Apple confirmed the 50-day moving average had a really, really strong move. Arguably, the strongest stocks are not not named semiconductors visited very, very well. So overall, it was a very productive day. Nothing earth shattering. Tesla gave us a nice move. Apple gave a move. So it was a very fine day, right? That's the best way of saying tomorrow it looks like from the first close of kind of what I'm seeing here, it looks like some of the big runners kind of need a little bit of rest, right? Like I said, Metta, Tired, Microsoft, Tired, Amazon, Tired, AMD might have one more day down. And now our job going into tomorrow's session is kind of look for the other names, right? Look for the other names that potentially the money flow could go into and that it doesn't necessarily need to translate into a high beta technology space. But again, sometimes like for example, I could already see unless I get something really, you know, coming off the page tomorrow, I could see the beta names kind of from for me personally, probably a res day. But there's some really good charts that are not beta related that you guys should probably keep an eye on. Let me give you guys a couple of names, Disney, right? Disney broke out about this whole channel here. Guys, look how close Disney is approaching its November highs. Disney looks like a good looking chart. If it could start reclaiming today's channel and start confirming November highs, maybe Disney wakes up again. Money flow needs to go something. Again, if every beta name rests, that's again, it's all speculation. We don't know if technology is going to rest tomorrow for the most part. But if these stocks rest, you know, the money has to go somewhere. So Disney on nice looking chart. Look at Sarepta, right? Look at Sarepta. Look at this gorgeous flag, right? Look at this flag. Got a big, big rally. And now it's just flagging here. Keep an eye on this thing. This thing starts taking out, you know, the January highs, last week's highs. This thing could start the next leg up. This is a beautiful looking chart, Carvana, right? Huge short interest in this name, stock out, stuffed right into daily supply. Watch this thing tomorrow. If it could start reclaiming today's channels, maybe this thing could wake up. Again, a huge, huge short interest in this as well. Micron, watch from Micron again, broke out. We talked about on the weekend update, see if it could confirm today's channel. Look at this biotech here, EYPT, not really, whoa, what happened here? Not really familiar with this name, but look at this tight formation, right? Look how tight this channel is. If it could start getting above today's channel, maybe this thing could wake up. So sometimes, you know, like I am a mega cap technology trader in 99.99999% of the time. So if I get a 0.1%, it'll be something else. For me, it looks like I might get a day of rest tomorrow just because, again, you're getting a little bit of, you know, a little bit of heaviness towards the end of the day. Meta, Microsoft, Google, they all closed on red candles, which basically means the close was lower than the open. And again, if they do need a resday, they deserve it. They really, really deserve it. And tomorrow, unless we can find some really aggressive previous days arranged to maybe take advantage of a day pull, I will probably look to be trying to buy some of these names into rising daily support on any weakness for potential play. But other than that, very orderly market, market continues to pay the prepare trader. Speculation money is obviously back. Look at this Trump stock, right? Look at this Trump stock, this DWAC. What is it? Truth, whatever, truthbehold.com. Look at this move on this thing. This is an absolute monster move. So there's something there for everyone, names like PLTR, getting some option flow today, rejected at the 50-day moving average. All it needs to do now is reclaim the 50-day to kind of wake back up. But the name I want to talk about right now is Tesla. So Tesla, you know, Tesla has earnings on Wednesday today. And we'll get to the pivots. We'll start off with the pivots here. So today I put two pivots, one to the upside, 213.20, one to the downside, 207.50. Ironically, today, both sides hit, right? Both sides of the channel hit, which is not a good thing. If you're an investor ahead of earnings. Again, I don't know what's going to happen on earnings Wednesday. There's not a lot of, there's not a lot of anticipation. There's not a lot of over-excitement about this quarter, maybe because of the price cuts on different models, about recent statements by Elon Musk. But there's not a lot of enthusiasm. Is it possible they blow away their quarter? Of course. Is it possible they tank on earnings? Of course. And ironically, today, you had two really pretty big bets on different parts of the market. One guy came in today, earlier this morning, he came in with 1,500 of the March 230 calls, 1.4 million, right? It's a pretty big move. And in the afternoon, another guy came in for 1.2 million of the February 197.50 puts. One of these guys is going to be right on Wednesday. We don't know. But this was definitely a good trade here at the open 213.20 upside, 207.50 downside. I took the 213.20, actually entered on the second entry at 15 area. Nice run. I mean, nice run from that 213 level. It hit the 60-minute supply perfectly in the 218 level. And then it really, really sold off. Again, really, there's not a lot of faith here going into the quarter. And ironically, it did take out the previous channel to the downside, gave another $1.50 to the downside as well. But again, it's going to be very, very interesting to see what happens in the quarter. Amazon never confirmed. ADMA, nice little stock. I gave you not. Again, not my thing. But for all you guys who did take it, 510 needs to build on ADMA. And again, this is what we keep on talking about, guys. Pivots are not just for Apple, Meta, Tesla, and Nvidia. They're for anything. So that's called the daily, and it's called daily technical analysis. And for all you guys who took the 510 break, this thing closed at the highs of the day. It looks really, really good for continuation of tomorrow. Apple was definitely the big one today. 192 needs to build and confirm the pre-market highs of 192.77. Here was Apple, right? So it took out the 92, took out the 92.77 to pre-market highs and went all the way up to 95.33, really, really big move on Apple. Congratulations for you guys who caught that as well. Yeah, so I mean, here is the play. Here is the play. Watch the 600 level. I didn't do it. I just didn't do this trade. Just because I just felt it was all over the place. Not really exactly how I wanted it to get the 600. So I left it alone. The point is, it did get rejected off the 600 level on the way back. It went down about nine points from the highs. And if you caught the trade, God bless. I just didn't get there the way I formulated the plan in my head. Docu never got to the 64.77 level. So tomorrow, again, another day in the trenches. Again, you have Netflix coming out with earnings tomorrow. That's going to kick off earning season for technology. Then Wednesday, we have Tesla, which obviously is going to be the big one. Las Vegas Sands, IBM, LAM Research. LAM Research in the semiconductor space. And on Thursday, we have Intel, Intel, Humano, STM Micro. Nothing really crazy there. Friday, there's nothing. And next week starts the heavy earnings. Starts the really, really heavy earnings with all your crowd favorites, all the crowd favorites, including Qualcomm and Amazon and Apple and all that stuff as well. I think. I could be wrong. I think just by looking at it. But anyway, that's it, guys. Short and sweet. That's it. Short and sweet. If you are trading, again, every single day is not an opportunity. Every single day is an opportunity for the market to disconnect you from your capital if your specific process is not going to be fully highlighted. What I see based on early data for tomorrow's day, it looks like a lot of stocks got a little bit tired, a little bit ahead of themselves. Maybe they need one more day of rest. I will be pleasantly surprised if we got something aggressive tomorrow. But hey, like the great Chris Berman of ESPN says, this is why we play the game. Guys, God bless, everybody. Have a great night. Hope everybody did well today. I'll see you all tomorrow. Take care.