 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. Nightly update show. Hope everybody is doing well. Hope everybody had a great weekend. Hope everybody had a great trading day. We'll kind of start with the pivots first, and then we'll kind of work our way up today. If you are brand new to the channel, guys, again, I can't thank you guys enough for supporting the channel, for taking, you know, 10, 15 minutes of your day, to kind of tuning in, listening to what I have to say in pretty much a very unobjective kind of way of looking at the tape. And I try to do it in the most unbiased way possible based on price action, not my opinion. If you look at the pivots first, again, it's very, very tough for me to kind of start thinking and start using more superlatives to kind of describe what the market is. We know what the market is. We know what the market's been doing. It's the same thing literally every single day, higher highs, higher lows. So we'll start with the pivots first, right? We'll start with the pivots first, and then I want to tell you guys a little story. All right, so we talked about pretty much everything under the sun over the weekend update. We talked about NVIDIA, right? NVIDIA went out of its mind today, absolutely out of its mind. Not only were they coming for, you know, 490s, 495s, and 500 calls, they were coming for the weekly 505s, 510s, 520s, and 530s. We even saw some January 550 calls coming out of the stock, right? And if you look at the chart, this is very, very close of taking down the November highs. If this thing starts taking down the November highs tomorrow, this NVIDIA is going to absolutely explode. If you look at the pivot today, 494 needs to build. There's also a little bit of 5 minutes supply at 495. So obviously a second entry for you guys to trade pivots. You kind of know what a second entry is. And the video went nuts. It traded up to about 500. It sat there. Literally, you sat there for about two hours, never came in. Repeat option flow after option flow after option flow. Once it took out 500, it went to 504 and changed. It's an absolutely huge move. Tomorrow, we know this is it. I mean, basically, this is, you know, this is yearly highs on the video on deck. And if NVIDIA can reclaim the November highs, I think NVIDIA can shoot up. Again, there's so much option flow in the name with short-term expiration. Let's see if they could push this thing across the finish line. But unbelievable move today. Really, really unbelievable move today on NVIDIA. Tesla, right? Tesla, I've been long for three days off that 247 breakout stock. Like I said in the weekend update, if I could get 257, 258, I'd get down to a runner. My highest sale was in that 258. It traded almost 259. And it pretty much got tired. Tesla pretty much got tired. But look, 18-point move in three days, it deserves a little rest. So what I think is going to happen on Tesla, I think probably it rests the next day or so. As long as it keeps on sitting above the five-day moving average and grabbing higher, I think there's going to be another wave of buying into the end of the year. But again, great move. Here was the breakout right here. It got above this 246.60s, confirmed the 52.75 and traded into supply. Basically traded into the 60-minute supply into the 58. Congratulations for all you guys who took the trade for three days. And for all you guys who are still holding a runner, phenomenal. This is an absolute phenomenal move. We talked about Amazon, right? We talked about Amazon in last night's video as well. 150.60 needs to build. There's initial supply of 150.113. So make sure you notice, basically need to get above the 150.113 supply. Again, we talked about Amazon last night. Amazon just went nuts when absolutely nuts, trading almost to 155. Huge, just absolutely huge move. Meta was huge as well. Meta we talked about also in the video, 338.66 needs to build. Meta went all the way up into the 47s today or highest sales today was in the 46s. But phenomenal move. And honestly, if this thing starts building above today's channel through the Bollinger Band, this thing has more room to go. And I believe that was it, right? I believe that was it. But other things when nuts, I mean everything when nuts, you got Netflix just going absolutely berserk. Apple rested. Microsoft is waking up. I actually like Microsoft not necessarily for tomorrow, but I like it eventually if you get above the supply zone here. But the key point what we talked about over the weekend update, and I want to make sure everybody's in the right frame of mind. All right, guys, so we talked about this 408.71, right? Remember we talked about on the weekend update, say, hey, if you're looking for a potential blow off scenario, potentially. We don't know if it's going to stay there. But if you're looking for a potential 408.71 area, that's going to be the spot. Look at us. Look how close, look how close the NASDAQ is, the QQQs of getting into all-time highs, right? Today's high was 408, right? Today's high was 408. And if you look at the monthly view, we are literally, we are literally, you know, $1.50 away from all-time highs. So, you know, tomorrow's D-day, right? Tomorrow's D-day, you know, who knows if the market's going to get rejected there. I'm just, I just know the level, right? I know damn well I'm not going to go long as they're attempting to take out all-time highs. But, you know, there's definitely an area there that if the market stalls out on the November highs, in November 2021 highs, then yeah, yeah, you definitely could take a short position, like I said, on the weekend video against the high of the day. So it's very, very important to understand. The most important thing, guys, and I want to really reiterate this point, especially from you retraders. In 2000, right? In 2000, I started at the end of 98, 99, right? This is when the start with the internet craze was, none of us knew what we were doing. Absolutely none of us, okay? All our strategy was, we're taking basically the top five, 10 stocks overnight that closed up 20, 30 percent. And probably what would happen the next day is majority of them would gap up another 15, 20 percent. If you watched, again, I've referenced this before, for all you guys who are brand new to the channel, if you go on YouTube and you do a search, Meyer Offman interview, you'll see an interview with myself and Meyer Offman. It's only about 20 minutes. But he basically gave you a really good synopsis of what the internet craze was. It wasn't one stock that was going up. It was 10, 15 stocks a day going up 20, 30 percent. And after a year and a half after this magnificent run that all of us had, we thought this was never going to end and the point was we were going to be retired in two years. That's literally what I was thinking. Lo and behold, I was very, very wrong. And the next time I saw a penny was literally from 2001, I didn't make a penny until about 2000 and middle of 2003. So the next time I really started seeing some money flow was kind of the middle of 2003, 2004. And the moral of the story is you don't think this magic carpet ride is going to end. You don't, especially when you are exposed the first time around of making money, you're catching your first wave and you're saying to yourself, wow, this is the greatest thing ever. Every day this market is going up and it did even look today. As it was up another 90 points today. But the point is, guys, trust me when I tell you, it's going to end exactly the same way. We just don't know when it's going to end. We keep on reiterating the point to every single viewer. Everybody in the webinar is trade-like. It's your last day of euphoria, right? Always understand that that rug pull could come at any point. That's the way you end your wave, right? You finish riding your wave at the highest point possible. Because if you're sitting there in La La Land and you're saying, well, no, the video just rallied. The video just rallied, let's just say, from 450, let's just say 510, 520. I'm kind of putting it out there in the universe, so they know that, right? No way, the stock's going to 600. And you realize the stock just rallied like 150 points in like a month. Guys, it does end, trust me. And every single time I thought it didn't end, I gave back, my drawdowns were ridiculous, absolutely ridiculous in two, three days. So it took two, three months to accomplish something and then two, three days to give it all back. So guys, always understand, play a doubles advocate every single day. The stocks that are really extended, leave them alone, right? Again, we talk about all the time, don't jump off the 12th floor. If you're going to jump, jump off the first floor. At least you'll have a skinny, you'll have a skinny knee, a skinny knee, you'll have a little couple of bruises to Advil, Tylenol, you're good to go, right? Some ice, you're going to be good to go. If you're buying, for example, if you're first entry, right? You didn't trade NVIDIA anywhere in the last 150 points and your first entries tomorrow at all time highs, you're doing it wrong. You're doing wrong. I'm not saying it's not going to work because I'm hoping it's going to work. But my point is you have a higher probability always for failure the further a stock is from its natural range. And if you look at its natural range, the natural range started at 453, right? This was 453 when it reclaimed the 50-day moving average and gave us a ton of entries all over the place. But boy, oh boy, if this is your first entry tomorrow, you're doing it wrong. And I tell you, they're coming for the fourth tens, the five tens, the five 20s, the five 30s, the five 50s for next week. The FOMO is everywhere. You could feel it through the screen. You could feel it through people on social media. But I'm telling you, you have to be an adult, okay? You have to be an adult. You have to understand the gravy train is eventually going to run out. And the point is you have to be prepared. And that's why we always say, guys, again, ride the wave. We keep on riding the wave. We keep on doing exactly the same thing every single day. Buy dips on strong names into rising 60-minute support. But if those ranges don't hold, get out of dodge. And that's the most important part. And that's how you avoid a multi-day drawdown versus a euphoric ride that you one day think it's never going to end. But I'm telling you, and it's ended for me very, very aggressively numerous times. It ended to me very, very aggressively in 2001. It ended very, very aggressively in 2011. Right? If you guys remember, 2009 was a generational bottom. And around 2011, we started getting really, really heavy and the dynamics of the market changed a little bit. 2010, 2011. But it happens all the time. And I just don't want anybody to turn around and be like, I did great for two, three, four, five months that I gave it back in two days. And that's what happens when you're not trading from a proactive point of view as an adult and you're trading from the point of a FOMO, a FOMO moon, what do they call that? To the moon, diamond hands to the moon. They always are the ones to get out last. I've been saying this for years. You want to make sales when you want to and not when you have to. So going into tomorrow, going into tomorrow, I'm definitely going to watch Microsoft. I'm definitely going to watch Microsoft above supply. Let's keep an eye on potential second day run on meta. Obviously, anything into weakness, I definitely want to keep an eye on rising 60-minute support. On NVIDIA, again, if NVIDIA confirms the all-time highs or at least the all-time regular session highs, because I know it traded to like in the 520s on one of the previous earnings, man, this is the one that has the biggest potential, especially with all the option flow coming in. So definitely use any weakness tomorrow into rising 60-minute support for potential dip buy. But boy, oh, boy, if this thing could just get above the November highs, this thing could really start to stretch and that's exactly what we are looking for. And again, guys, keep this in mind. 408.71, that's the number. Don't be called blindsided if you're getting along the market as it's potentially getting rejected at all-time highs. Be aware of this level, even if you have no desire, no desire whatsoever to trade the Qs tomorrow. Be aware of this level, 408.70s on the Qs. That is the November 2021 highs, because if this gets rejected, I promise so is your stock. So guys, have a great night, everybody. God bless, again, 2023 is magical. It's coming down to an end. We have less than two weeks, and the most important thing is, hey, we made it another year around the sun, and it was absolutely phenomenal. Guys, God bless, and I will see you guys all tomorrow. Take care.