 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. So, let's talk about it, right? So, last night, weekend video, you know, I got all these emails and all these things, great call on a thousand-point rally. It's not a great call, okay? It's not a great call. I'm not that smart. If you go back to last night's video, I made a pretty good case of why I thought this market had a shot to rally 500,000 points in one day. I mean, we had a 4,000-point decline in three, four days in a row. We're talking about collecting data over the last couple of days into last week, how beta names started rallying very, very strong towards the end of the day, several days in a row before more coronavirus news. So, we knew all that, okay? The probability, the high probability, just based on what we talked about last night in the video and my years of doing this, for years and years of doing this, you knew if we were down 4,000 at some point this week, there was a high probability of a thousand-point rally. And we got it today, okay? We got it today. The bias was right. You know, the market had a really, really aggressive overnight pre-market session up, down, up, down, all over the place. And then you started seeing, you know, you started seeing stocks start to get a little pep in their step. It wasn't one of those obvious gap up 500 points and go. It wasn't a gap and go. It was a very, very lethargic tape, especially in the morning. And, you know, I was sitting there literally for the first hour, okay? Nothing was going on. Like, literally nothing was going on. I started watching all these pivots. I was making a list of all these pivots. We actually saw a bunch of strength this morning on names that were remounts, okay? So we played a remount place today in the morning and there was just no... There was nothing big there, man. There was just nothing there. The stocks were hesitating. They didn't want to go up. They couldn't go down. Actually, my first trade of the day was a remount of this thing. Of all things, it was a remount of this thing. So I got long here, right? I got long here on the remount. I'm sorry, excuse me. I got long here on the remount and the stock kind of went up. You know, I made some money there and I was just sitting there. Just sitting there, sitting there. And then the greatest thing about trading when you're completely in control of what you're doing is, again, you don't have to sacrifice a day. You don't need to be that trader to saying to yourself, you know what? I'm okay with, you know, kind of sitting out until I get that green light. And today was a perfect example of how we traded within the process. We waited and we waited. We waited some more. And then next thing you know, stocks just exploded. We'll talk about the individual pivots in a second. But you know, here's kind of where we... Kind of the bottom line and kind of where you tie a ribbon on this is, again, I would have never even expected. I would have never even thought about a potential thousand point rally if it wasn't for experience. And again, there's no price tag on experience, guys. And what you don't know with your first, second, and third year of trading, you'll figure that out because you'll start seeing it along the way. So by the time you see it in year 10, 15, 20, it's not shocking to you. So anybody on social media or on Twitter and stock to turn around and say, well, how could somebody see a thousand point rally? I'm going to keep shorting into this. Well, again, there's a difference between somebody trading for two years and somebody trading for 20 years. And the one part about who could see it coming is sometimes common sense. That's why we always talk about collecting data and having an opinion. If we didn't have an opinion going into this trading day, then yes, we would have been looking at opening range lows. We would have got caught in a disaster. So for all you guys who are new to trading and you find yourself hesitant or behind the eight ball or you can't see something coming. Remember, this is all normal. You're not supposed to understand that a market is oversold technically that a thousand point rally is coming. You haven't experienced that. So don't worry about it. That will come. So don't put a lot of pressure on yourself. Even if you missed today's rally, it's okay. It's just one trading day. When lose a draw should never, absolutely never, and I underline and underscore it and everything in between should never define who you are as a trader. It's all a growth process. So whether you hit a lot of these pivots and a lot of these pivots just exploded towards the afternoon, mid-morning towards the afternoon or missed a day or unfortunately we're on the wrong side because you kept on hearing this, well, this is a stupid rally. This is a stupid rally. Again, keep this in mind. Stocks don't go straight down. They don't go straight up. And again, I said this over the weekend, in the worst markets of all, this is including the mortgage mess, the whole financial crisis. We had periods that we had spikes, 500, 700 thousand point moves. So when I turned around in the video and I said, I don't want to be short Monday morning. I don't want to be short any day until we get at least an attempt, at least an attempt at what I thought was we have 500 thousand point rally. If you look at the totals at the end of the day, Dow up 1300 points. A lot of the move came, not a lot, but a good chunk of the move came in the last hour or so, half hour or so. The Nasdaq up 384 points, really, really big moves along the way. So it was a pretty solid day. The oddest part about today was, and again, this is where we speak from the devil's advocate point of view, the oddest part of the day was you would think by mid-morning when we were up 300 points, 400 points, you would have thought we would have been screaming. Again, Amazon took off, Tesla took off, we'll talk about those in a second. Netflix, and I did okay with Netflix. I did with Netflix. I was fist fighting it for five minutes. The video, I was fist fighting. Matter of fact, one of the trades I took on the video today, I lost money. I had to make some money back on the video a little bit later, but not everything was smooth. Not everything was smooth. Roku wasn't smooth. Nvidia, after made its initial move, wasn't smooth. Facebook only woke up towards the last hour. Apple was the biggest move of the day, by far. Microsoft was very, very strong. SHOP had a big move, and then it stalled. So was it one of those, oh my god, anything you bought at any time throughout the day, you would have made money? No, no, no, no, no. I would have to respectfully disagree. Anything you probably bought in the last half hour, you probably would have made money. But again, does that mean we're going to go lower tomorrow? I personally think, this is my opinion. I'm nobody. I'm just an idiot like everybody else. Here's where we are, and again, we showed this chart on the weekend update. So here's kind of where we are. We're kind of in the middle of this last batch of selling. So somebody could turn around and say, wow, this is just an inside day in this weekly chart. You're absolutely right. You're absolutely right. The same way I could have made a case that we were going to be higher this week or lower this week. Because again, we're right in the middle of this 50% move from the upside and 50% move to the downside. So we're right in the middle. So gun to my head, and again, I'm just a very humbled guy's opinion. I think if we don't come out with any type of corona news that is hitting a major metropolitan city, LA, Chicago, NYC, right? I think there's probably going to be another round of buying tomorrow. Does this mean we're going to rally until the end of the week? It means nothing. We've got to take it at this point, day by day, trade by trade, interval to interval. Again, we're not trying to recreate the Mona Lisa. It's not what we're trying to do. If you're trying to swing for a five-run home run, just understand that it's impossible, because the biggest success you can have is organically. So you'll never swing and get that five-run home run. It doesn't exist. As far as I understand is Aaron Judge had zero five-run home runs last year. So it's impossible. So kind of stay within yourself. We've got to go one day at a time. One day at a time. I do believe, again, if we don't see any headlines in the next 24 hours, I do believe we will have one more day of upward bias. And somewhere by midweek, again, we probably will roll over. But again, all speculation, right? All speculation based on headlines and everything in between. I think the key right now is definitely to continue. We've been really trying to really trying to take the drive-up point home that on every pivot, just keep on taking money. Even if you screw up and you have break-even on the balance, keep doing that. Because again, there's no guarantees in this thing. Just the way there was no guarantee for a thousand-point move. There's no guarantee we're going to continue tomorrow and there's no guarantee we're going to sell off tomorrow. We have to be adults about it. And we have to kind of put everything into a macro perspective from the feasibility study, from the feasibility point of view. So going into tomorrow, again, continue to take scalps, a dollar, two dollars, use break-even, use runners, blah, blah, blah. And just kind of keep on going forward until we get a clear path to the goal line, until we get another definitive sign that even though, and this could be the most bullish sign of them all, even though if we still get more and more bad, negative corona headlines, if the market starts to absorb it and starts going numb to it, then we can start going higher. Just a quick last announcement. Tonight, March the 2nd is the last night that you can take advantage of the PS60 feed on the current rate. It will go up at midnight. The rate will double at midnight. So if you are waiting and you want to act, you want to get on the feed, on the Twitter feed, on the private pivot feed act tonight, it's going to go into a new price as of midnight. So if you are interested, after you see this video and all that stuff, get on the feed and take advantage of the current rate. So let's talk about the pivot today. So this is the one I really wanted. I'll show you a pivot I took on Netflix after. I actually had a pretty decent pivot on it. But this is the number I really, really wanted. If you notice, this was the first pivot of the day. And I said, well, Netflix takes out the 377. I think it's going to go. The problem was I already logged off. By three o'clock, I already logged off. I had some errands to run. And I missed this Netflix pivot, the 377. So here's the 377 pivot. I loved that pivot. I loved it at 377. And I turned around and it went to almost 382 in the last half hour. If you got it, God bless. I didn't get it. Just understand I will be hating and trolling on you from the sidelines. No, all jokes aside, great job. I did catch this pivot right here. This was the 73. I'll show you. It'll be a little bit higher in the feed here. Roku just never came up with a second entry. 1530, 1550. It went to 16 and change. And that's it. And that's it. Shop also. You know, I got long at 85. It went to like 87 and change. Right? It got to like 87 and change. Just stalled out. Just absolutely stalled out. Like a lot of names in the beginning. And I took some sales. I got stopped out, break even on the balance. Again, just was like a dollar, dollar and change move. So it wasn't great. LRCX exploded. LRCX 296 needs to build. Here was LRCX. Here was the 296, right? Here was the 296 this whole area here. Went to almost 303. NVIDIA 277 needs to build. 277 needs to build on NVIDIA. Again, it just didn't get there. I traded the pivot in an earlier cycle. I bought it the first time at like 72. And it stalled on me. And I wanted to be losing $1.30 and I bought it back. I wanted to making like $0.50, $0.60 on some and break even on the balance. I didn't have a good experience on the video today. I just didn't. It was like pulling teeth. It never came close to reclaiming the 277 level, which is very, very odd. ENPH big move, 51 rejected three times. It needs to rebuild and reclaim and build. Here was ENPH. Right? Here was ENPH. Here was the 51. It went all the way to 52.5. Not a bad move there as well. And I kept on saying, stay patient. We're in no man's land. This is kind of what we saw in the morning. And I tweeted out and I said, hey man, this is before I did the first remount on XAIR. I tweeted out and I said, man, I haven't done a thing today. In the first hour I haven't done a thing. And the next thing I know, I did XAIR. I did Netflix. In the video, I traded twice. Once I lost money, made some money back, made some money in shop. And then things got very, very aggressive. Right? Things got very, very aggressive. This obviously never came. Apple just absolutely exploded. Absolutely exploded. And this is where the day really, really took off. Apple 28430 needs to build. Here was the 284 and Apple. Congratulations guys. I mean, destroyed, destroyed. Here was the 284. Right? Here's the 28430. Right here. Right? This confirmed just, just bananas. Absolutely bananas moving Apple. Stamp 4780, 148. If it builds it can go. Here was stamp, STMP. Right? Here was stamp. Here was the 14780. Went to 151. Oops. Excuse me. Sorry about this. Let me get rid of this. Let me get rid of this. 5780. Again, Apple take on the way. It's a tight day. Again, remember, take on the way. It was a tight day. It really did show how things woke up very aggressively after, after mid-morning. So this is the first one to really get going on Apple. Stamp. Again, 157 supply takes them off. Here's the pivot I took. I took this Netflix pivot. Made sales in the 75s. 75. Excuse me. 75 was my highest sale. 75 was my sale. And I was like, that's it. I'm good with the trade. I'm okay with that. It went up a little bit more. And then it crashed. Then it woke up later. And it took out that 77, which I really kind of peed off about because I wasn't there. So that, that. Again, keep an eye. Again, guys, just keep taking guys. Same formula doesn't change. Amazon exploded. Amazon absolutely exploded. 1900 needs to build. Here was Amazon. Right. Here was an Amazon pivot right here. It was right over here. 1900. The first move was like up 33 points. Huge move on Amazon. And then, you know, again, nice move on the Apple. And then here we go. Okay. And the video, this is the, this is the trade that I took. This is the trade that I took the first one I lost. Then I made some money back on the second one. But here is Tesla guys. And this is why, again, this is the best stock ever. 708 needs to build. Right. Needs to be, again, sell on the way up. And again, here is Tesla, the greatest stock of all time. Right. So here was the seven. Here was the 708 on Tesla. It was right over here. Here's right over here. 707. If you see it right here. 707. 77. The first candle went to 727. And then obviously it went nuts after. So that was big selling the way as well. Amazon selling the way as well. Amazon flying, blah, blah, blah. Nice move on ENPH. So things got very, very aggressive. Very, very aggressive, very, very fast. And that's the name of the game. Just waiting for things to happen. We didn't rush. We waited for our spots. We had like two or three good bounce plays. And the moral of the story is we did our job as adults. So going into tomorrow. Yes. I am biased to the, to the, to the upside. I would love a downward open. Okay. I would love to see a downward open for tomorrow. Just because to see if the market is strong, just to see some late, excuse me, early shorts to get trapped. That would be great. Let me give you guys some ideas for tomorrow's session. Let me give you guys some ideas for tomorrow's session. I like this VVNT. Okay. I like this VVNT. Two ways to play it. Either a build above today's high of 2290 23 or watch the 52 week high of $24. Keep an eye on that. I kind of like Disney, right? I kind of like Disney. I like the way it closed above the Bollinger Band. If it starts building above 120, you could see a move to like 21 and a half 22. So keep an eye on that. And everything else is beta. Let me just give you one more. That's non beta. Let me give you one more. That's non beta. Keep an eye on stamp. You know, stamps not really a beta name. Keep an eye on stamp. Guys, watch stamp. If stamp starts building over 151, you could get another leg up as well. For everything else, Tesla, Netflix, NVIDIA, Facebook, please get the morning strategy again tomorrow at 9 a.m. Eastern time. Get there early. We'll cover all those again for all you guys who are planning to join us on the Twitter feed. Again, take advantage this evening, lock in your rates. Tomorrow, you'll be ready to go. All right, guys, have a great night, everybody. Good job today. And with God's help, I'll see you all tomorrow. Take care, guys. 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? Straight off his personal watch list? Unlock our free PS60 Vault, where you'll get nightly updates on pivot opportunities we're watching for the next day's session. Click the link in the description to get started today.