 Can the video go tomorrow? Absolutely. I still like NVIDIA. I don't think you could expect any more $10 candles, but can you get $2 candles tomorrow? 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 the Access to Trader.com Nightly Wrap-Up Show. Hope everybody's doing well. Hope everybody had a good trading day. How the hell do I have today? Basketball game right after this. I literally have to get out of here in 20 minutes. Again, dad life never ends, which is a good thing, right, which is absolutely a good thing. Again, they grow up way too fast. I'm going to cut this short and sweet. So a lot of people are just complaining about summer trading. This, that, the other thing. I guess it all depends what you're trading. If you are in mid-cap stocks, maybe they're a little bit slow, right? If you are in specialty small cap names, maybe one day they're very strong, maybe the next day they're very weak. Again, we trade technology. We trade a lot of beta names, the mega cap names that have very, very big ranges. So for the most part, it's been pretty good, right? There's been really big moves and a lot of names, you know, the videos of the world, the tests of the world and all that stuff. So I think it's very, very tough to kind of put a label of what this market is doing. But when we did discuss yesterday, right, we are in the final kind of like month before kids go back to school. So you are going to have days that are slower, right? You're going to have days that you're going to be sitting there and say, well, how come my stocks are not moving? How come the groups that I follow are not participating? You know, such as life, right? Life is not fair. Trading is not fair sometimes. Let that be the worst problem you have in trading is a day that your stocks are not moving. The biggest, you know, the bigger concern or the bigger picture is kind of what happens next. And you know, when I looked at this afternoon and I saw the Dow down 250 points and ultimately it was closed down 300 and change, we really even, again, unless you're trading Dow stocks, you're not going to even feel that. Because again, as we discussed yesterday, nobody's around, man. All the guys are swinging really big money. They're really on vacation or whatever the case may be. But nobody's really looking at the market from the point of, well, the Dow is down 300 points. Who cares, right? Who cares? Again, the scoreboard is not going to make you right or wrong in your individual trading. Right now, technology is still very, very good. So for every stock that's just not participating, like for example, right? Amazon is just, you know, not doing anything, right? It came in with earnings and it's just kind of floating. You know, Microsoft is kind of going sideways. Apple, you know, attempted to break out yesterday. It's just kind of just chilling here, right? Oh, if this 147 area is just sitting here, right? You got Tesla had this monster three, four day run. It's just consolidating right now, right? So not every single day are you going to have these monster potential moves. But the names that are coming out of the channel, both the long and the short side, they're doing their thing, right? They're really, really, you know, they're very strong in that direction. So for example, when you look at Zoom today, it finally came out of a channel and it's taken out highs. Now it looks like this thing looks like this 407 test is on tap for tomorrow. I would love to see Tesla one more day kind of distribute a little bit, right? Kind of rest, kind of get its feet underneath. And I would love to see kind of a test here on this rising five-day support. If you saw last time it hit the five-day support perfectly balanced, the best, again, the best case scenario for the next couple of days is seeing a washout into the five-day support, shorts getting trapped at that level. The stock goes to red to green and starts taking out its recent highs. We'll see, right? We'll see, again, we're still seeing a lot of good order flow, option order flow coming on the 750 short term into extreme weakness. That's a very, very good sign. We'll see. NVIDIA finally broke out today. Quoted yesterday, quoted again today. Again, those 205 call buyers that we've been seeing now for two weeks, you know, they're getting aggressive. You know, you're seeing them more and more every single day. And the one thing that you have to understand about NVIDIA right now, it's a $200 stock. It's not an $800 stock anymore. Okay, you're not gonna see a $12 candle. A $2 candle is good. That's exactly what we saw today off that $200 break. It confirmed 200, it confirmed the previous days high of 202 and change traded up to 203. Again, I can see this thing getting to that 206, even 209 level. Again, the stock looks really, really good. Again, those are the names we want to concentrate on, continue to concentrate on. And the flip side, right? We've been talking about Gamestop and AMC for three days, right? We talked about that first pivot on Gamestop below 58. We talked about the next pivot on Gamestop below 55. We talked about the pivot today on Gamestop below 48, the stock went to 45. This thing loses 45. Again, there's still room here. Another $12, $13 worth of room. We talked about AMC in nausea, right? In nausea. We had this 40, 34, 50 range break. It went down to 3278, lost 3278, went down to 3115, lost 3115, and now the stock is trading in the low 29s. Again, it still has room, you know, 27, 25. Again, we still see short-term, short-term 25 and $30 put buyers are gonna start lighting up on their premium. So again, I think to overthink is right now is kind of irresponsible because you're not gonna get this whole macro psychology approach of what's gonna happen next. There's a lot of names that look good for tomorrow, but don't think everything's gonna rally. Don't think everything's gonna sell off. I think right now, this is the epitome of a specialized individual market. If you like your setup on long side and it confirms, it's probably gonna go in that direction unless you have some really weak volume behind it. If the stock looks weak and kind of fails a range, the fact that nobody's really here to support that bid, it's probably gonna drift lower. And you're seeing that on AMC, on a GameStop as well. Talk about weak, right? This earnings quarter has not been great, right? For every name that's been good, you know, like a CLAC or, you know, like a DXCM, names like that, right? Really, really good quarters. There's a lot of quarters that haven't been, you know, haven't been good, right? Amazon did not have a good quarter. Netflix did not have a good quarter. Facebook did not have a quarter, which had a nice move up today. I still kind of like Facebook for tomorrow if it confirms the 10, but this earning season technology's not really been great. And if you look at today's action, you got FSLY, FSLY, you know, they got hit, right? You got Roku, right? They got hit. I was sitting under my desk metaphorically speaking, of course, and saying, maybe they'll split, maybe they'll split, maybe they'll split, right? This stock needs to split. But again, this thing is getting hit as well. You look at Etsy and the online shopping, this thing is getting hit as well. So the earnings are not great, you know, they're not great, they're not fabulous, but at the end of the day, when you look at the market, look where we are in macro, right? Look where we are in macro on the QQQs. We're just literally a stone throws away from all time highs. So going into tomorrow, I mean, look, this definitely names I like. I think we can have a premium session if the market holds well, right? But that has to happen, and that's the point. If it doesn't happen, the last thing you want to do is try to recreate a trade where there's no trade to be recreated. Let the trades come to you. Again, remember, we're in August, Labor Day is a couple of weeks away. You're not going to try to squeeze out every inch of this market before the big hard mentality with the really big money comes back from the Hamptons, comes back from Europe and all that good stuff as well. So be patient. The days that these stocks are getting vertical, those are the days that the channels are expanding and they're pretty obvious. So can the video go tomorrow? Absolutely. I still like the video. I think, you know, I don't think you could expect anymore, you know, $10 candles, but can you get $2 candles tomorrow? Another $2 candle tomorrow, the following day? Absolutely. Because again, it's not an $800 stock anymore. So for every, you know, for every $10 candle that you're going to have, you know, pre-split, you're going to have the candle, $2. This is the same thing. The only good thing I love about the video right now, it's super duper liquid and it moves very, very organically. It's now back-to-back day is a pretty good action there. So obviously any dip in the video I like tomorrow, especially above today's channels, zoom. Again, I like any dip tomorrow into rising support. It's coming up to this 406, 407 level. It looks really, really good. Look, you know, look at a name for example, like RBLX. We saw some good call buying in the name today, first movement to supply. Remember, the last movement to supply got stuffed and the stock went all the way lower. So tomorrow it has to reclaim this channel. But if it does, I mean, look how much room you have. That's good. It's a good value play. TTD, another name, looks pretty good, right? Had, you know, had a big, big move, came back in, reclaimed this whole channel. Let's see if there's a day to run in this thing as well. So I think the key from now to Labor Day, again, keep it simple, stupid, right? I'm not checking for no MRNAs. I'm not looking for Robin Hood. I don't care about these stocks. These stocks are retail heaven. That's like the pigeons flocking in the park when somebody throws a piece of bread. Everybody's trying to get that little crumb. Hey, I'm not checking for that. I don't want any of that. I'm good, right? I'm good with these boring beta stocks. They're controllable, they're predictable. And this is where you get a big institutional money flow. And if the flow is there, the price action is going to follow. So guys, have a great night. I'm sorry to cut this early. Another basketball game beckons, again, dad life in full effect, right? Guys, have a great night everybody. I'll see you tomorrow.