 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 to be here everybody. Welcome to another edition of the Access to Trader.com nightly update show. Hope everybody is doing well. I hope everybody had a good day of trading. If you are branding to the channel, guys, if you can be so kind, click a like. It takes one second and supports the channel, helps us grow, helps us out to get the word out of technical analysis. And if you are brand new, consider subscribing with this broadcast goes out Monday through Wednesday, Thursdays, and Monday off to kind of refresh my mind for Friday session. And it goes out again on the weekend. So welcome aboard. So after yesterday's, pretty a pretty big aggressive sell off, like I said last night video, you know, we haven't had two days worth of kind of follow through in a while. So it really didn't shock me going into today's session. Again, we talked about this in the last night's video. They know we were going to have a bath. And that's exactly what happened today. The usual suspects that were strong continue to be strong. And you can see by the names, you know, and the video continues to be incredibly strong. SMCI, SMCI, SMCI continues to go nuts. AMD continues to go nuts. Avago, one of the very few beta names left to come out with earnings. They're coming out tomorrow after the close. The reason why I bring that up, a buyer came in in the afternoon with two separate orders. Basically, it's definitely the same buyer because they were back to back. A buyer came in, bet a total of $1 million for the 1500 weekly calls. Stock flows today at 1350. We shall see, right? We shall see if he is uncertain, or at least not uncertain, as much as a lot of these guys have been making these big bets throughout the last couple of weeks. So we'll see about that. But the semiconductors as a whole continue to shine, right? Somebody asked on social media today, well, what's going to happen to this market, right? And what's going to happen to this market if Apple and Google start waking up? And, you know, that's a very valid question. And my response to that, and again, I'm not biased in either direction. Again, I want this rally to last as long as possible. But my question was kind of the flip side, right? There's a flip side to the story. Well, what happens if NVIDIA, SMCI, and AMD lose their bins, right? So there's a two-sided market. There's always a two-sided question of everything. But again, keep it one day at a time, know your levels, trade around those levels, and usually things are going to go well as soon as you don't sit there and be biased on one side of the market. And at least now, because of yesterday's kind of sell-off into the rising 20-day support, we know what our line in the sand is, right? We discussed this in last night's video. That's 433.65. That was yesterday's chow low. And if the bears in the next couple of days, couple of weeks, couple of months, whatever the case, or maybe never, that is going to be the big, big line. Until then, you can stay long, right? You can stay long to strong stocks. And as long as they don't take out the previous day's lows, you're going to be fine. So as much as all these stocks are very, very strong, again, there's the have-nots as well. We've been covering them. We've been talking about their technical levels. We've been seeing their channels just completely get demolished despite how aggressive the market is. And the question continues, right? Why isn't Google participating, right? Why is Apple not participating? These are all very, very fair questions. Tesla has been an absolute godsend, right? If you've been following this broadcast hell, just for the last three days, you kind of know how important this 198 level was, how important this 189 level was. And we got to today's low, right? We got to the 175 low, went down to 173.70s, bounced around the whole day, and it closed 176.50, and this is now the lowest close in this whole formation. If Tesla loses today's lows tomorrow, there's going to be a really, really another big wave of selling. Again, this is just what happens when a stock is broken technically. And again, you can love Elon. I love Elon. You could love Tesla. I love Tesla. The cars are great. Four out of five cars on the road here in New Jersey are Teslas. It's nothing to do with the product, but when a stock is broken, the stock is broken. When a stock is in a runaway train like an NVIDIA, right? Well, there it is, right? There's a runaway train. After the close, after the close, the stock is already down $1.50. Hopefully, you get a little bit more push. We'll get to the ramifications of that in a second. And look at Microsoft, right? Microsoft had a horrific day yesterday. They did not participate again, and it stopped at the 50-day moving average. So the question going into tomorrow, right? Question going into tomorrow's session is, again, how long can the leaders, how long can these top-weighted Nasdaq names continue to go weaker until something pulls, until something majestic pulls? And I guess the answer to that is not really when Microsoft, Apple, and Google, and Tesla are the weakest names. The question is, well, how long can the NVIDIA continue to rise? And it's a very, very fair question. The stock right now is a rocket ship. We saw 900 weeklies come in. We saw 1,000 call buyers for next month, 950. So there's no shortage of really, really big bets coming in on NVIDIA. And you can really see how impressive the stock is. This is the highest close by far. Stock is up, what? Stock is up another $3 after the close, so it's doing very, very well. Remember, we talked about PLTR a couple of weeks ago. It was setting up a really nice, tight channel. Stock broke out today. Big call buying. Here's another name, a lot of call buying. They were coming in for the 2750 weeklies, the 28s, the 30s for next month. A nice, really nice government contract came out pre-market. It closed at 2616. It's up about 40 cents after the close. Watch this thing for tomorrow. If this thing can start confirming today's channels tomorrow, you can give another leg up, or if it gives a week profit-taking scenario, use the weakness as a potential bounce spot for a potential red-to-green push following, hopefully, towards the back end of the day. IBM was another one. Remember, we were talking about IBM for the last couple of days. It relaxed today. It expanded highest close in this whole formation. There's a lot of really good names that are behaving incredibly well, especially in the technology space. There's a lot of names that are not participating. The old question goes, again, it's not trying to put something out there that's not out there, but it's a very, very fair question. How long can the market last without these stocks, the Microsofts, the Teslas, the Apples, the Googles, the world that are not participating? What is going to happen next? Are these stocks going to pull everything down, or is Nvidia and SMCI and AMD going to continue to hold a fort until that happens? We'll see. If you look at the indexes today, again, nothing really to talk about. Q's up almost three, despite the weakness in the leaders. You've got the SMHs continue just to go absolutely gangbusters. The IWM, again, which represents speculation money. Beautiful run over the last especially three weeks to catching up at everything. So again, the speculation money is definitely, definitely still holding up very, very well. The diamonds, the Dow is lagging a little bit compared to the other indexes. But again, nobody really trades the Dow. The Dow is only, first of all, there's only 30 stocks and it's investment vehicles. They're not there to be for day trading purposes. But you can see it's a little bit of a lag or a little bit of a range than the Nasdaq and the SPY doing this thing. You basically pretty much linear. So again, great market. It's giving really good two-sided opportunities for the bull, for the bear, sometimes in the same day. So let's talk about today's pivots. PLTR, I traded a couple of times, really nice move, pretty much at the highs of the day. Well, excuse me, it's trading near the high of the days right now after hours. PLTR 2570 needs to build, confirmed to 2610. Traded up his highs to 2675. But keep this in mind, stocks up about $3 a day. So you can't even have a really a monster monster move, but it looks great. It's highest close in the whole formation. IBM 194 needs to build. Here was IBM took out the 94. It is back to back there. We got rejected, traded all the way up to 98. Great close, great great close. Big move there. Tesla, if you've been watching us for the last, even the last three days, we've been short this thing, caught this thing for 20 points basically in the last couple of days. Got out of my position today when it refused to break down the range and stay below the range. We were shorted out the close. I have a pair trade at the close. I'm short some Tesla and I'm long some Qs. Basically speaking, I want to lose money on the Qs because if we could get a gap down, this Tesla's going to be down a whole lot more than the Qs. But my whole thinking is if we could get a gap up, you sell the Qs, and hopefully Tesla goes right out of the day and you hopefully make both sides. But again, Tesla right now is trading doubt about a buck and change after the close. That's too low. 55, 75 earnings low and never got there. Meta, nice push on Meta today. 497.42 is a sneaky channel. It needs to build over. Here was Meta. Here was Meta. Here was the sneaky pivot right here. You see this whole area here? You see this whole area here? 497.32, give a nice five point pop right at the open crowd. Again, here's another thing. Crowd came out with good numbers, at least a good reaction to numbers. Crowd was up around, I don't know, I would say about 70 points pre-market. It gave back pretty much everything. It gave back about 50 points for the day. Obviously never got up to this 373 level. Oh, MCHP, not a big pop on MCHP, but MCHP rejected 88 three times. We talked about the setup for the last couple of days. Finally got above the 88, not a big pop at all. Went up about 60 cents before closed out right here. I think that's it. I'm going to try to cover some Tesla. If it starts getting below that 75, just to take some off the table. If possible, just to kind of lighten up overnight exposure when you can. If a stock is going in my direction after hours, I try to take some off. Why wait for the next day, a bird in the hand, right? So that's it. Alright guys, have a great night everybody. God bless, just a reminder, tomorrow there is no video. Tomorrow night is my regular evening off. If you are planning to join us in the live webinar, there's a link below. Kick the tires, test drive the PS60 for 30 days, and see if it's right. Fit for you. Alright guys, have a great night everybody. God bless, and I will see you all in the field tomorrow.