 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 get buddy. Welcome to another edition of the Access to Trader dot com nightly wrap up show. Happy Tuesday. Today is officially for me the first day of winter. Yesterday was 65 degrees in New Jersey. Like the high of the day today was like 32 freezing outside. Absolutely freezing. It's now dark. Okay, whoever's making Prozac, whoever's making volumes, pass them over, right? Values pass over. This is going to be a long ass winter. So we got to make the best of it, right? We got holiday time coming up markets, you know, in holiday mode, there's nothing has changed. There's no reason nightly now to start, you know, talking about all the, all the ways we could describe this kind of melt up. Right now we are in no fear mode. Okay, we're in no macro news mode. Okay, there's absolutely no reason to dissect every single day of the market anymore until things change. And again, sometimes the most simplistic way of view the market is, well, buyers will keep on buying until they stop. And I know it sounds simplistic. I know it sounds like a six year old can can mummer those words, but that's reality until things stop going up. Right? That's only when they'll go down. That's kind of what we're seeing now. And there's a noticeable rotation every single day, whether you're trading biotechs, whether you're trading high beta names, some of the biotechs are high beta, but the most consistent part of this market is any week open gets bought. Any weakness gets bought. Any headline gets bought. And again, we are two weeks away from Thanksgiving, right? Two weeks away from Thanksgiving. We had Trump speaking today at lunchtime. You know, again, even if you missed it, doesn't really make a difference. What he said, China talks are going great. He's the reason for the market being at all time highs. I'm obviously joking. Don't care what way. I'm not a Trump fan. I'm not a Trump hater. I'm supportive of the president. I'm supportive of any single president because he is right. He is controlling the ship. So you have to root for the, you know, the captain of the ship. So hopefully whatever the reason is that the market is continue to move up. God bless. Keep on moving certain days again are going to be much more aggressive than others. You know, we talked about this in the live webinar all the time, you know, you're going to have two, three churning out days. You're going to, you know, you don't have to wait patiently, wait for your spots and, you know, scalp away like we've seen, like we saw today. And then you're going to see days that, well, the channels are expanding. We see this a lot of times on Thursdays, although Mondays, yesterday was a pretty aggressive day. But we've seen that the more aggressive days, the more expand the channel days are usually now set for Thursdays and Fridays. That's where we're getting closer to a speculation and speculation money bets, weekly expiration, all that good stuff. And again, the more we go higher and higher and higher, it becomes harder and harder to find value. But the stocks that are higher, they're the ones that getting the aggressive money flow, especially towards the end of the week. So, you know, these days, I'm just much more relaxed ever since I took that mental break on Sunday, my first literally my first day off of doing nothing in about a decade. It really did energize me and came Monday, I was super focused, came today, I was super focused. Again, I'm not tired. I'm thinking straight. I'm not making any poor reads. The more important part is I understand what happens with a channel expansion and what that day looks like. And if you look at today's day, again, there's nothing random about what we do. There's, you know, again, the only difference is certain names I can't trade because of liquidity. For example, like the biotech names, you know, we had some pretty good pivots say on a couple of biotech names, I couldn't trade them. I can't trade these stocks to trade in a 50 cent spread with a hundred share of lots. It's just impossible. But again, it's not my comfort abilities, your comfort abilities, whatever you feel like trading. I feel comfortable trading Netflix and Amazon, Tesla and Roku and Alibaba in the video. If you feel comfortable trading SE, if you feel comfortable trading REGN, again, it doesn't make a difference. It's all about self comfortability. It doesn't make a difference if you trade in a $2,000 stock or $2 stock or anything between. It's about you feeling comfortable in the setup. And again, doesn't make a difference to me. It's all about putting value in front of you. And that's why I believe the whole quote unquote stock alert system, it's a flawed system. Again, how can, how can you be possibly comfortable in trading somebody else's value? It just, it doesn't make sense. It doesn't make sense. Technically, it doesn't make emotionally. And again, no two traders are built the same. So how can you possibly try to emulate another person's especially comfortability? So going into tomorrow, again, it's the same thing. Look for, look for weakness on strong names to buy, right? Like a Facebook, for example, you know, big, big move today. Anytime again, you have a very, very aggressive mood followed by a light open washout. You want to buy stocks into support. I mean, this is what happened with Microsoft just 24 hours ago, right? We talked about the dip in the rising minute channel. We talked about the 46 confirmation and thought that the stock went to 4757. Again, congratulations for you guys who did come in along Microsoft. So again, business as usual, you know, I scalp to him for the most part. I think what's going to happen Thursday and Friday, we're going to start to get really, really good expansion channels. I'd like to see Roku kind of rest a little bit. I would like to see Amazon kind of wake up a little bit. I'd like to see kind of Google wake up a little bit. Apple has been now digesting gains for several days. You can see by the 16 minute channel, right? This is good, right? This is for a couple of days, which is good considering it's in on big, big linear move. Again, is the value up here? Probably not. But again, the longer a stock consolidates in a linear channel, the better chance towards the late of the week it's going to wake up. Same thing, for example, on Boeing had a big, big moving move yesterday. And today's just consolidating. Again, you can see this Bollinger band coming down. You can see the setup coming in right here. Obviously you guys already know where the setup is going to be. But again, you have to like the action. The rotation is pretty obvious. Weak names are waking up like a Roku after earnings. Like a Facebook that was dead in the water after earnings kind of woke up. Every single day Netflix tries to wake up and then all of a sudden that you get hit with news either on Disney or this one on that one. And again, look, there's plenty of money in the streaming business. I can't imagine that the Disney crowd, the Bambis, the Snow White and the Seven Dwarfs are going to cancel their subscription to Netflix. And they're going to say, you know what? I don't want to see Narcos. I don't want to see Ozark. And by the way, is Ozark ever going to come back? Okay. I don't want to see where porn stars three are. Right. I don't want to see, you know, it's a different platform. Okay. If you like Star Wars, God bless. Okay. God bless. Okay. It's a different platform. I think Netflix, again, based on the action we're seeing has to wake up. You saw these, you know, you saw the high that Citron put on on their tweet. It's consolidating. I like it. I just can't get this thing going because again, just all these circular headlines of streaming wars are affecting the stock. But again, you know, you have to like it. You have to trade out of the channels. And you can see yesterday was a beautiful channel into supply. And now we're going to kind of just waiting for the next leg up. But again, if you look at today's activity, again, something for everybody. And the most important part again, business as usual, going to tomorrow, same formula, look for strength and the strength, look into strength and the weakness and all that good stuff. So let's talk about today's session. Again, nothing crazy. Again, I was watching for that break for Netflix just never happened. Right. Just absolutely never happened. Again, why didn't happen? Because the mouse house launched there. Disney plus again, get nice one. There's nothing wrong with Disney. We talked about, we talked about the setup right here. 138, what do we talk about it? 13860, 13870 needs to build and again, is it the biggest spike in the world? 60, 70 cents. But again, it's Disney. It's stick. It's not going to trade like Tesla of $3. Again, this is a phenomenal candle. But this phenomenal candle came on earnings, came after hours on earnings. So Disney 70 cents is like the equivalent for Tesla to put up a $2.5, $3 candle. Maybe not, maybe not a little exaggerated, but you kind of get the point. So good move on Tesla. Alibaba, I still like, you know, Alibaba, I still like. Again, I'm very, very surprised that the stock didn't go nuts on that announcement, that $38 billion single day announcement. Again, I could be wrong, but it's just kind of weird that it didn't do so. I like that area here that 8720. It went to like 8765 really didn't give that big move. But again, still holding its range. Maybe it'll be better for tomorrow. I want to keep an eye on it. It only went up like 40 cents off that pivot. TTT was huge. Absolutely huge. TTT, we talked about it. $218.75, $219 needs to build. Here was TTT. Okay. Here was TTT. Here was the 290, excuse me. Here was the 219 area. What the hell is the 290? I'm sorry. I'm all over the place. Here was the 219 area, right? Here was the 219 area. Absolutely when bananas put up a $10 candle on TTT. SE, good quarter, right? Good quarter. SE 36 needs to build to get more upside. Here was SE, right? Here was the 36, excuse me. Here was the 36. And once it broke, it went all the way up to like 37.5. Again, pretty good consolidation move. I thought this was the most important trade of the day. And I wound up trading the video twice today. And both I made very, very small amounts of money. But I thought this was the most important trade of the day. And the reason why I thought this was the most important trade of the day, here's a perfect example of not guessing, okay? Here's where I talk about screen time, especially for the newer trader, watch the order flow after the stock confirmed. So we talked about this 21050 area. And you can see this, you know, I took a snapshot of it. Pre-market, it kept on getting rejected. 21050, 21050, 21050. So I go, look, it rejected it four times. It got upgraded this morning. There's supply, a little bit of supply here at 1090, we can see here. So be aware of that. But if it starts getting going, it starts breaking out 211, 212, that's the macro move needs to reclaim. So I get long, I get long the video, right? I get long the video. And the first time around, excuse me, the first time around, I get long the video, only runs up like 30 cents, right? And I knew it was going to stop where it did, because here's the linear regression line. I just thought, just in case we talked about this, it wasn't a surprise. We talked about this at morning strategy that 90% of the shot, it was going to stop at that 1124 area. So I was not surprised. So I sold and made a couple copies. So we bought it back on the confirmation. And it started moving up. I got long 1140s, then I have one more at 1150. So between 1140s, 1150. And I knew at 1170, 1180 was going to be a big number. And it ran up and put in a high of like 1185. Now, when a stock gets upgraded, and it finally takes out an opening range high, this stock should have exploded. Because you see this 12 here, right? You guys see this 12 here? 1170, right? 1170, 1170. It's stalled out there. Okay. And it's stalled out there for like five minutes or so. And I was up like, like 30 cents 40, whatever the hell it was, 30, 35 cents on the trade. It was nothing, right? It was absolutely nothing. But the reason why this was the most important part of the trade of the day was we knew after several minutes, like after three, four minutes. So once it didn't go, I sold it, right? I sold it like, again, I mean nothing on the trade. 25 cents, whatever it was, 20, 25, whatever it was, it didn't make a difference. It's irrelevant. It's not the point of the money. It's the point that we did not overstate our welcome. I saw the reload sellers that just couldn't get out of that range. They couldn't break above their range. They couldn't break above the range from November the 7th. And we made a conscious choice to get out of the position. And it was a right read. And that was the most important part. It was the right read because NVIDIA went all the way back down to 208. And the moral of the story is, again, we're not in the guessing business, guys. We're not, okay? We're not in the guessing business. We're not in the hoping business. We're not in the praying business. We collect data. And if the confirmation is not there, we have to get out of that. Just plain and simple. And this is why I thought this was the most important trade of the day. Region 345 needs to build a big, big move. Again, here's a biotech name. Region 345 just exploded. 345 went to 350, okay? And here's where I apologize to everybody in the group. So I initially put 348, right? I initially put 348 on Tesla. I said, needs to build just a note. The cash flow, useful aside, it's been on a huge run. So you'll see here, up here, I turned around and I said, well, it started moving lower. And I go, well, guys, now 344 is support that it needs to break because I thought the stock was a little weak. And the next thing you know, the stock starts getting strong. Obviously it never broke 244. It's not the point of the monetary conversation. It's the point of right here. I wrote, I go, look, there's no play at 348. The supply is there now. I think there's more value to the downside. Not that it's going to collapse today, but I think there's more value to the downside. And obviously everybody knows the stock went through 348, went to like 349 and change went to almost 350. So I do apologize. But again, I'm always thinking safety first. And if the stock would have got rejected, you could have lost $2 very, very quickly. And remember, if you don't feel comfortable in the trade, do not put it on. And I just felt for the group, I felt for the group there was more value to the downside, which should almost actually broke down later in the day, which obviously held that range. But again, always think safety first. So again, if I talked you out of it, or if I put thoughts in your head of not taking the trade, I apologize. But again, safety always first. And that's about it. I think that's about it. So productive day regardless. Oh, and BYND, I took BYND. I totally forgot about BYND. BYND, it put in a hammer, right? It put in a hammer here. The last couple of times that it went green, it never followed through. So I actually scouted it. We actually had a nice little scalp in this thing. We bought it right here, right? We bought it right here over this channel and it spiked into supply. I sold it and actually went up a little bit higher. But I said, all right, you know, that is what it is. I actually made money on the long side of BYND. So again, not a bad day. Nothing wrong with that most important part. And the most important part as well, you're not burning mental equity and not trading something that is not there. So going into tomorrow, guys, I'm obviously pretty bullish. Okay. I'm probably pretty bullish until it stops. Let me give you guys some ideas for tomorrow's. Let me give you guys some ideas for tomorrow's session. Congratulations for putting in the time to take control of your trading. You're one step closer to owning your future and achieving the success you desire. Want daily trade ideas directly from Dan? 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