 Welcome to Access a 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 the AccessaTrader.com nightly wrap up show. Hope everybody is doing well. Really good session today. A lot of the names we talked about last night, in last night's video, just before we get started. Again, fully guys are brand new to the channel. Thank you very much for tuning in. Like, share, subscribe, all that stuff. Again, come aboard, take this nightly journey with us. Before we get started, I've been hosting the AccessaTrader platform since 2010. So we're going on our 14th year, right? And we've been trading pivots for the last since 2011. And we've been demonstrating the power of the pivot for a long time, 12, 13 years now. And I did a squitter pool poll. I was just curious. And I asked my followers, and I said, I'm just curious. For those who have not tried out pivots yet, because I always encourage new traders, always try everything. Options, futures, small caps, mid caps, large caps, whatever it is. There's 30, 31 flavors, all of Baskin Robbins. You just don't know what's going to fit until you try everything. So I gave four choices, four choices in the feed. And the first one was account size, okay? Second choice was just not enough time. You know, life gets in the way. I understand people are working full time. I get that. The third option was fear of the unknown. And the fourth option was laziness. I was shot to see that at one point laziness made up about 25% of all responses. It got down to about 19% last time I checked. Guys, you're better than that. Forget about pivots, forget about trading, forget about everything else. If you're lazy in this world, you're not going to get accomplished anything, okay? The idea that you are lazy enough to not to put yourself in a position, at least to try to put yourself in a position that you might see something different from a different lens from a different point of view that can benefit you in your journey is absolutely amazing. I get it, right? Account size, okay, cool. Time constraints, I get it. Fear of the unknown, yeah, I get it. You know what? First time I sat behind the wheel when I was 15, 16 years old and drove a car, I was scared, crapped us, right? Yada, yada, yada. I'm 49 and as much as most of us, we can drive a car right now, driving two, three hours zoning out without even looking in the road. So fear is something that's part of life. But laziness, come on guys, you're better than that. You can't live life with the notion that if it's not easy, if it's something that doesn't fall into your lap, if it's not something convenient for you, you just don't want to put enough effort. And with this business, with everything else in life, with being a good parent, being a good spouse, being a good entrepreneur, being a good everything, you got to put the work. So the idea that anybody can say on any subject that what's holding them back is laziness has to be a self-reflection moment, guys. There's nothing to even do about pivots. There's nothing to do about our platform. It's just self-reflection time. If you can't honestly sit there and you say to yourself, after everything is said and done, that you gave it all, right? You gave it all, left it all on the field and you still can't figure out a solution, and that's at least you can live with. Laziness, not so much. So let's talk about the market, right? Today we had the CPI, CPI came today, kind of a non-event, which is a good thing. Non-event is a good thing. The market didn't pretty much react to it, went down a little bit, went up a little bit. Nothing really crazy. All in all, the Q's kind of maintained the 50-day moving average, held 72, the area we talked about last night in the video, held 72 and continue to build above the 50-day moving average. The problem is, it's still putting in three days worth of lower highs and lower lows. But again, from glass half full, you're still putting in all these highs and all these lower highs and lower lows above the 50-day moving average. Obviously 72 continues to be the very, very important area on the Q's. Any close below 372, again, will start getting prices lower. Any close on the Q's from the macro side above 377.63 will start the next move up. So that's our levels, right? 377.63 to the upside, 372 to the downside. Everything else is process dependent, individual approach dependent. It's obviously something that every trader needs to address. So tomorrow we have the PPI, right? CPI followed by the PPI. All these data points, right? All this data that is telling us absolutely nothing yet. Inflation is still here, right? I could be first one to tell you in case I haven't figured out yet. Inflation is still here. So again, we're kind of in the same scenario for tomorrow. Let's see which way we break, right? Like I said, going into today on last night's video, it's not that I was sell by is going into today's session from last night's videos. I just couldn't find any setups to the upside. And the one stock I kept on talking about in case the market does rally was Amazon. Again, if you've been watching this broadcast just in the last couple of days, you know this was the cleanest setup in the whole technology space. It finally broke out today and it is up $4 in change on the day. It's up another about $0.75, $0.80 after the close. I got about 25% left from today's breakout. If we could get a push today over 146 after hours, I'll be more than happy to sell it. Again, just one of those scenarios ahead of the PPI bird in the hand. But if not, I have no problem taking the last 25% overnight. But we talked about a lot of really good setups to the downside yesterday. We saw them play out and one of the things we keep on reiterating the point, earnings lows, earnings lows, earnings lows, earnings low plays for years and years and years I've been doing them. And that is the highest probability of success on multi-day swing trades to the downside that you're going to find. Most of them are very slow. Most of them are very methodic. They're not boring, but hell, they work really, really well. So for example, I came in short Nike, like we talked about last night's video. I came in short Nike. It went down about about 70 cents at the open. And Nike for some reason trades very, very sporadic. So I covered some and I just didn't like the way it was trading. The future started going lower and Nike started rallying. I was like, you know what, let me take the stock off. So I took that off. But again, whatever it is, let your worst trade be a good one. And then we started talking about stocks like HLIT. Again, here's another perfect example. We talked about the last night's video. This is the lowest close and this whole formation took out the earnings lows. The stock went down pretty decent amount. Went down to the 950s area. I still have two-thirds of my position here. I think it goes lower. I think there's a shot of this thing. Test $9. A trade that we started today, IPG. Again, what's the theme? It took out earnings lows. Beautiful move. Absolutely beautiful move on IPG. We talked about HTZ last night. HTZ on the video. Again, this is the lowest close in this whole formation. I started shorting it basically where the closing price was. Somewhere around 1564, close at 1562. But watch this thing for tomorrow, right? If HTZ starts building below today's channel here, this thing could really get low. I mean, these trades are controllable. They're slow, and whether you're a really aggressive trader or you're a new trader just starting to figure out price action, it'll give you all the time in the world to manifest the price action or organically let your brain sink into the price action. So it's not scary. There is no fear. Your heart's not palpitating. That's what the whole mega cap place is for. I'm just joking around. Mega caps or the beta names, as I call them, they're very, very orderly. They're just not for everybody, but they're very, very orderly. So these are the moves that are really organic. I mean, look at another one. PDCO, right? PDCO. Again, look at it broke down today, right? $28.60, stock went down to $28.00. Again, they're not sexy. They're not social media worthy, but they're very, very effective and they're organically selling. Just keep this in mind, guys. Once a stock loses its earnings low, there is no catalyst, right? Think about it. They already blew up on earnings. They attempted a dead cat balance. That dead cat balance failed. They closed below their earnings lows. There's nothing, there's nothing for the stock to weigh itself on short term. This is why you're getting the two, three, four-day continue moves. One stock that continues to get hit was Apple yesterday's event on the iPhone event, the iCharge event, blah, blah, blah, blah, blah. Stock continues to get sold here and now it's getting very, very close to the bottom of the range. Netflix, right? Netflix CEO CFO today came out with comments. Let me read the comments to you. I'm not, you know, I don't pretend to know everything. So the CFO was talking about the spin-off from accounts from revised sharing policy are being skewed. They talked about potentially, you know, trying to extend their hand in the online video game space, which so far is not playing out. They don't see a big revenue stream for live sports. We kind of got that. We knew that a long time ago. And Bank of America came out with cautious comments intraday and you can see here Netflix just got absolutely skewed. They're talking about 90% of their revenue or at least ad revenue is coming out from outside of the United States, which is not a good rate return for average consumer or price-to-click consumer. So Netflix got absolutely destroyed here. So we're still in this one of those scenarios that we're still in a scenario of let's wait and see, right? As long as the queues continue to build above the 50-day moving average, you could buy stocks. You could definitely buy stocks, because as you can see, we see here every single day, there's still a lot of value to the downside. As we say all every day, all day, we are prepared on both sides. So let's talk about today's pivots. Again, some good stuff, man. Really, really good data. Very good data. We had Tesla. We had Amazon. We had the slower mover name. Some names didn't confirm, but all in all, very effective days. So yesterday was the pivot. HLIT, 984, if it builds below, it can flush. Multi-day move. It closed yesterday in 992. Today it needs to confirm that below 977. HLIT is closed at the lows of the day. Again, not sexy, right? But closed at the lows of the day at 959. This thing looks lower. Again, almost a 40-cent move on HLIT so far. Again, it's not sexy, but it's very, very effective. Nike, right? So I came in short Nike, like I said before. If it loses 96, 15, 96, you know, it traded down to like 95, 60s. It just, again, I covered like half down like 70 cents. The rest, I just kicked it out when it was about to go great. I just didn't want anything to do with it. Guys, elbow. Okay, I'm sharing this price with you guys. Usually I don't share the earnings prices with, you know, for the online video, but I'm sharing this price. Guys, set an alert on AMBARELLA, right? It's another earnings low playing, right? Look at that chart on AMBARELLA, okay? AMBARELLA, here's the chart, right? Set an alert on AMBARELLA. I'm giving you guys the price here. Set an alert. Any close on AMBARELLA below 5720, this thing's going to start a multi-day move, right? You have a measure potentially of 55. Does it have to confirm tomorrow? Does it have to confirm the next day? It doesn't have to confirm. But set an alert, right? Set an alert. I'm trying to help out, you know, a social media nation here. If all you guys were, again, curious about pivots, all that good stuff. Again, all you need to do is try them for 30 days. I promise you, you will never look at the market the same way again. But watch this thing next couple of days. 5720, if it starts building below, you know, again, this thing can really get hit. So keep an eye on AMBARELLA. It still hasn't confirmed. AMB never got to 103. HTZ, again, I just started to position this thing basically where it closed, 1564. It still hasn't done anything. It went down like 10-15 cents, but really hasn't done anything yet. Tesla, a really nice move on Tesla. There was a sneaky pivot on Tesla. For those that don't have a position, we do. We've been swinging this thing from 266. I still think there's a shot it could get to 280 by Friday. 271-20 rejected twice on the 60-minute needs to build. Nice push on Tesla. Again, night, every single trade needs to be amazing. Here's the sneaky pivot right here. 271-20 traded right to supply of 275. Let's see if this thing can propel higher tomorrow. NVIDIA, cute little move here. 5673 needs to build. Not a big move, but went up about a couple of bucks. Here is NVIDIA. Here is NVIDIA. Took out the 5670s, traded up to 59 and change. Not a big move there. IPG, right? I still have half size. I still have half size on IPG, 3138. Again, you see the theme? Earnings low. Any close blow because it starts the next leg down. Here is IPG, right? Here is IPG. Traded all the way down to 3040s. I'm still sitting in half. I want to see this thing get lower. Again, another, right? See the theme? Earnings lows, guys. You could have a really good, strong career trading just earnings low. I'm telling you, once it blows up on earnings and confirms the earnings low, there's no reason to buy stock. PDCO, 2860 earnings low if it builds below can flush. Here was PDCO, right? It took out 2860, traded all the way down to 2790. This thing looks like it wants to see 27 in the next couple of days. And here is the big trade, right? Here is definitely the big trade. I'm still holding 25% of my position. 14363 rejected twice. We talked about Amazon two out of the three last videos about the tax earnings highs. Needs to confirm and yada, yada, yada. Here we are. Amazon broke out today, closed at 45 at the high of the day and now is trading about 70 cents higher after the close. So really good, say, really good solid day. Again, guys, for all you guys who are brand new and you're still struggling and you're still trying to figure out what your place is in this business, whether you're a day trader, swing trader, whatever the case may be. Again, I encourage you, try everything. Meet caps, small caps, options, features, whatever it is. Try the pivots. I'm telling you, try the pivots. Nobody on the planet trades it. But us, again, there's a little affection of social media who's trying to trade the PS60 theory. It's not quite it, right? Not quite it. Again, if you have a chance to learn the PS60 theory from the originator, the person who created versus a third fourth-tier party, it's probably wise to do so. Guys, have a great night, everybody, just a reminder. Tomorrow night is Thursday. There is no video. It's my nightly day off. My regular Thursday night off. Tomorrow, PPI. We'll see where the direction builds. But the most important thing is, guys, stay prepared on both sides. God bless, everybody. I'll see you guys tomorrow.