 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 AccessToTrader.com nightly wrap up show. Hope everybody is having a wonderful day. Hope everybody had a good day of trading. Hope everybody, again, just doing really well health wise, personal life, and all that stuff that makes life interesting, right? To say the least, if you are brand new to the channel, welcome aboard guys. Welcome aboard the day to day mission to get better as traders, to get better as human beings, and just look at the market from a day to day instead of a macro level because again, we're not investors. We are traders, so welcome aboard, hit like, subscribe, share, come aboard, and thank you very much for spending 10, 15 minutes with us on a daily basis. So last time we saw each other was yesterday. The market had an absolutely ridiculous run sparked by the July jolts numbers. And in the process, we reclaimed back the 50-day moving average on the QQQs. Why is that very important? Well, that broke the downtrend that we had since losing the 20-day moving average on August the 7th. So it's August the 2nd. So it's basically a month worth of selling that was engulfed in the last few sessions. And more important, we reclaimed back the 50-day. So the question was going to today's session, if you watched last night's video, was, well, where are we going to have, are we going to have kind of a rest day, kind of a little bit of a distribution, we're tired, let the prices digest a little bit, or is the market now that we're above the 50-day going to price improve on price action? And it was just a little bit of a ball today. But the some stocks rested, had great, great runs yesterday. They did rest. Some stocks price improved. We'll get to the pivots in a second. But more important is the queues continue to build. Now we're day two above the 50-day moving average. And the queues as an ETF did improve. A lot of names that we were talking about yesterday, the Netflixes of the world, the Apples of the world, they reclaimed back their 50-day moving average. And that's going to be kind of the focal point for a lot of names. Like I talked about in last night's video, when you have the ETFs, right? The ETFs getting above a significant area of supply, slowly but surely. It doesn't have to happen every day. But slowly but surely, all those components in the NASDAQ 100 are going to start slowly but surely bidding up as well. And that's exactly what happened today. Like I said, we saw that in Apple. We saw that today in Netflix. I'll give you guys one other ETF in a few minutes that could potentially reclaim in the next couple of days. We'll do that in one second. But other than that, good session today. Really good session today. Some really good moves on the big market leaders tomorrow. Guess what? We have more data. We have the PCE tomorrow. And we have the NFP on Friday. My goodness. I mean, enough with this data. I mean, how much more can we take? They're literally saying exactly the same thing. They're just stretching out on two, three, four-day basis. So out of the rest of you guys, I had it up to here with all this data. But again, this is part of our world. So let's talk about today's session and what we like going into tomorrow. Again, when you start building above a macro level, you don't have to dissect that much. Again, right now, it's bullish. If we ever lose back the 50-day moving average, it won't be so. So if you are swinging any stocks, especially from yesterday or you put on swings today, just keep in mind this 70, this 370, 371 area on the queues. As long as we continue to stay above, risk is on. And once we get back below, as you can see here, well, then risk is off. And then become sell bias. But for now, no news is good news. Continue to build. Continue to move up your stops. As long as your swing doesn't take out the previous days low, you're good to go. Right? That's the whole point. As we discussed in the last night's video, that's the whole point of a stock or an ETF or a market in general that is sitting above supply, which is acting as demand now, and continues to put in higher highs and continues to put in higher lows. So let's talk about some pivots from today. And then we'll give you some pretty decent ideas for tomorrow. We talked about tests the last night. Remember that, guys? We talked about tests the last day. Listen, I don't know if the stock was going to go today. We might have an inside day or a res day. But if it finally confirms, maybe it finally really, really wakes up. For the majority of the morning, Tesla was red. Right? Majority of the morning, traded down, traded up, tried to kind of go sideways. And then finally in the morning, it finally got above this 257.50, 258 level. It needs to confirm the 50 day. Ironically, it did spike, right? It did spike and gave us a nice spike here. It gave us a nice spike here in the middle of the day. And they got caught up here in the supply zone. It went up about three bucks. It went up about three bucks. But here's the good news, right? Here's the good news on Tesla. The good news is it closed right above the 50 day moving average. And now it's technically two days in a row above the 50. Where we need to see the stock kind of play out. And we did see some 260, 265 weeklies coming in. That kind of sparked the rally today. Again, went up about $3 and changed before it came in. But the point is we need this Bollinger Man. You see this upper Bollinger Man? We need this upper Bollinger Man to get lower. So next time around, if you could start confirming today's channel and this Bollinger Man is lower, that's when the stock can really, really wake up. But ultimately a good productive day on Tesla. It had this magic run yesterday. Confirmed today. Went up about three bucks, came back in. But ultimately ended up with an inside day lower volume. But consecutive two days in a row, two days in a row closing above the 50 day, which is absolutely good. The next time it closes below the 50 day, then we'll have a completely different conversation. Apple, right? We talked about Apple last night's video, right folks? Apple 185, right? 185 folks needs to build, right? 185 needs to build. Apple took out 85, reclaimed back the 50 day moving average. You see where we're talking about guys? It's the same, you're going to hear the same conversation here over and over again. The more days pass that we continue to stay above the 50 day, you're going to see a lot of names creeping back and reclaiming major levels. And again, for all, especially for new traders, I don't think you guys realize, unless somebody really tells you, you don't see every single day that major, major levels are being reclaimed, right? Reconfirmed. So it's a very, very important time. Anytime you see a stock getting back above the 50 day, you want to attack that with a little bit more aggression than usual channels of continuation or random moves on the intraday basis. It's very, very important. So Apple had a great run today. It had almost a $3 run. It stopped at the Bollinger Band, first closed above the 50 day. Watch this thing for the next couple of days, guys. If they could just get above this whole channel here and clear out this Bollinger Band, maybe this thing goes higher. You know, maybe it starts pushing higher with the cues because you have 190, some 200 short-term expiration call buyers coming in the name. Apple looks good. Again, is it going to rest tomorrow? Maybe, maybe not. But it's, again, the same thing with Tesla as long as it keeps on building above the 50 day, it's all good. NVIDIA, right? We talked about NVIDIA possibly seeing that 500. Well, 491, 499, 491, 493, 33, the pre-market highs needs to confirm for a potential 500 push. And that's pretty much what NVIDIA did. NVIDIA, again, continues to run away. Just an absolute monster continues to run away, took out this whole channel, took out the 491, the 493 pre-market highs went all the way to 499. You know, next stop, you know, again, it's not going to go up every single day, but you have to assume it's going to start to attack those earnings highs at some point, maybe in the next couple of days with all this data coming up. But again, great job for all you guys who took that as well. Coinbase got above this 86, 26, never put in a second entry. Airbnb never got above the 133, never came close. The Q's, again, continues to build. The 375, 13 needs to confirm. Here are the Q's, right? Took out the 375, 13 and traded all the way to 377 and a half again. Market continues to build on yesterday's day. Netflix, again, here's another example, right? You're going to hear this in Nausium. Again, another example of a stock reclaiming the 50-day supply. We talked about Netflix in the last night's video. 432.20 needs to confirm, right? The 50-day. Here was Netflix, right? Netflix right up about, what, $6? Great move on Netflix. Again, second day above the 50-day. Great move there as well. IONQ, 16.60 needs to build. Here's IONQ. They came with some short-term exploration in IONQ, traded up to 17 and a half. Looks good, continues to point higher. And Boeing was a dud. Boeing went up about, like, 50, 60 cents and came back in. Nothing there. Dollar tree never confirmed second entry. And, you know, we were trading Tesla. I was going to take some off. I wanted to see if we get the 364. Got the 360 and a half, but kind of died in a vine towards the afternoon. And I believe that's it. So that's, you know, that's, that was the day. Really good consecutive day of some pretty good value coming in. Tomorrow, right? Tomorrow. Let me give you guys some ideas for tomorrow. The next index that potentially could reclaim the 50-day moving average is the IWM. In my opinion, the IWM is the least important out of all of them, but it does represent speculation money, a lot of small mid-cap names. It touched today just like everything else, just like Apple, just like Netflix, just like, you know, everything. It touched the 50-day moving average, say, right? You see it touched the 50-day, got rejected. If the IWM could start reclaiming back the 50-day, maybe you get, maybe all you guys are trading these small and mid-cap stocks, maybe they could wake up, guys. So watch the IWM above today's channel. Meta, right? Is not there just yet, not there yet, right? I was waiting, I was watching you again also today. It's not there yet, but the one thing that I always like to see before the price action of the stock is option flow. In the afternoon today, they started coming for the 300 and the 305 weeklies. It's not that far away, guys, from reclaiming back the 50-day moving average. And if it does, look how much airspace you have. So definitely want to watch in the next couple of days. And a small one, well, a smaller name I want to give you guys. Look at plant Palantir, right? Palantir, this is kind of coming off the, the success of the AI for NVIDIA. Palantir closed, the first close above the 50-day, right? The theme? Watch Palantir tomorrow. They could start confirming today's channel. They were coming for the $817.5 and $18 short-term calls. If this thing could start confirming back above the 50-day moving average, this thing could really, really wake up. So keep an eye on that. Other than that, that's all we got, guys. Get a good market, very aggressive. Stom stocks are going to rest. Stom stocks are going to confirm. But the key metric here and the key data here to get data point is as long as we stay and the queues above the 50-day, the higher probability we'll continue to build and you'll see higher prices. Guys, God bless, just as a reminder, there is no Thursday night video. That is my usual nightly kind of decompression. I take the night off. So if you are planning to join us tomorrow in the webinar, I think there's a link in the comments that you guys can take advantage of a 30-day kind of kick-the-tire type of scenario. See if it's the right fit for you. But more important, guys, stay blessed, stay happy. And with God's help, I'll see you all tomorrow. Take care.