 Like a Zoom, who had a pretty ugly reaction to earnings, it probably will have a day to tomorrow, okay? It would be really nice to see a gap up into supply, rejection, and once it takes out today's channel, you could see a second move. 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 Access a Trader.com nightly wrap up show. Hope everybody is doing well. Hope everybody had a good trading day. So let's talk about the market right now. So now as that continues to do very, very well. Again, just kind of a quick glance overview of what's happening here. So again, we talked about this three days ago. Q's finally broke the formation, took out this whole 293.75, 294 level, and had a really good three day run. And today it basically stopped at the upper Bollinger Band. And again, if you believe in the theory, like I do, the stocks trade from supply to supply and demand to demand, there isn't no, really surprise that we did stop at supply. Because again, if you look at supply, where the market stopped, it stopped right over here, and today it stopped over here. So from the macro point of view, there is a possibility, an opportunity that the market had a, I don't want to use the word blow off top. That's not the word I want to use. But I would say the market had a little bit of a pregnant pause today. And as much as a lot of these names really did very well and we'll get into the individual pivots in a second, we have to kind of acknowledge where the macro view is. So if you look at where the Q's were in the last several times, it hit the upper Bollinger Band, right? We hit the upper Bollinger Band, we started going lower. We hit the upper Bollinger Band, we started going lower, yada, yada, yada, and obviously we hit it today. So again, nobody is calling for Armageddon for tomorrow. Before anybody loses their mind and says, oh my God, Dan's calling, no, no, no. I think we're gonna have a structural back test tomorrow from the indexes, which basically means you're not even going to feel it. Again, we are still in such a big momentum mode that so many times, you know, you'll have a really big premium session to, we had some really aggressive pivots, but you'll have a really aggressive session and you look at the indexes and you'll turn around and you go, holy crap, the Dow's down 200 bucks. So I think tomorrow could set up one of those days that you could still have very, very aggressive buying, but the indexes could have a rest. So that's why if you look at tonight's video, I definitely have some longs that I still really like. I have some shorts that I believe will continue for tomorrow, but it's a very, very balanced day. Because again, nothing will ever come with the situation of a really, really aggressive bear market scenario at the top of the range. It won't. There's a lot of pregnant pauses. And again, can we have a couple of days worth of back testing into the rising five day support, which we held yesterday? Absolutely, but again, the moral of the story is you're probably not going to feel it. However, you are going to feel it if you are trading really, really extended stocks. And if you continue to press on those overextended stocks, there's more chances than not you are going to get pulled. So again, if you look at the names that are getting pulled the hardest in the last several days that the names that had the biggest runs, right? Square had a really, really big run, right? It got pulled. And even it got upgraded today, it got pulled. A stock like Boeing that had a really, really big run. Again, it's still getting hit. Again, the word hit maybe is a little over exaggerated, but the stock still is not rallying in this latest move. So that's kind of my point. You're not going to go see one of those scenarios when we be down 800 points, the sky is falling, cancel Christmas. But again, if you believe in the theory that stocks do trade from supply to supply and demand to demand, then again, this is an area that again, from at least from the point of the index side, you really should have at least a conscious just knowing that we might pull back. So be very, very careful, especially in the morning session that you're buying any overextended stocks. If you look at the diamonds, you'll kind of reflect the same thing, right? The diamonds had a top here at 301. Today's high, 301. So you kind of see it how it's playing out. The only one that's kind of holding in here, holding serve without any type of really big statement is the IWM. The IWM has a pretty, pretty good channel here. Over 104.50, we go higher, below 180, we go lower. So it's not really making a definitive statement. What I like, what I saw today was what we've been talking about for a long time, beta is finally waking up. If we talked about Facebook, you guys remember a couple of days ago, I'm like, look, it's a matter of time. It's just, it needs to go, it needs to go. It finally exploded. We talked about Netflix for several days. It needs to go, it needs to go. Again, this area was not obvious to a lot of traders. This is a really, really good area. Again, a really, really big move here as well. Apple went yesterday. So again, we're looking one by one. The only one that I'm still really, really puzzled about is Nvidia. Again, we had a pretty good trade in the video today. We bought this 38 channel and traded right to the 41 level. It just couldn't get through. Maybe tomorrow. Again, there's no such thing as the market going lower. It's about stock appreciation and depreciation based on level. So again, if we do have a pullback and these stocks do hold serve, and again, it actually is holding this formation, maybe tomorrow will be the day. Until that happens, again, we can only wait for confirmation prices. So I like the action today. It was pretty aggressive. I like the setups for tomorrow. I do believe names, for example, like a Zoom who had a pretty ugly reaction to earnings. It probably will have a day two tomorrow. It would be really nice to see a gap up into supply, rejection. And once it takes out today's channel, you could see a second move all the way down to the 389 channel. Very, very possible. But on the flip side of it, you could see a day two in Facebook. You could see a day two in Netflix. You could see a day two in Amazon. Again, first close over this whole formation. Again, this is definitely an area that it could possibly retest over the next couple of days. Apple had a great run. Again, from that pivot we talked about from the 318 pivot had a really good running. Again, look where it stopped. It stopped right at supply. Again, the options market is still pretty strong in most names, right? You saw 530 call buyers this morning in Netflix. You saw 300 weekly call buyers today in Facebook. You saw a pretty decent aggressive call buyers today in Amazon as well. So we are in a very, very specific, unique kind of environment tomorrow. It is going to be stock specific. Yes, we could get a pullback in indexes. But again, I do believe unless everything really starts hitting the fan and ranges start to collapse, I do believe you'll have a very, very specific trading session based on individual names and nobody really is going to feel the effects of an overall back test. We'll see. We'll see what happens. Today's session again, very, very aggressive. We talked about very specific levels, stocks that were coming out of ranges that we wanted to make sure we're still very, very valid. And these are some big moves here. So we've been talking about Netflix for several days. It was just kind of a matter of time. Again, big order flow coming in, 495, 497, sneaky areas. The macro chain starts anything over 500 and Netflix exploded. Again, really, really big move here. So here is the 495, right? 495, 497, reclaim the 50-day moving average. And again, the only reason why the stock stopped, right? Literally the only reason why the stock stopped was because the upper Bollinger band. This thing gets, you know, if this thing gets reclaimed, look how much room you have. So huge move on Netflix. The video, again, initially I liked the 541. We actually took, we actually got long off of the 538. There was a sneaky pivot right near lunchtime. I got long off the 538 level. You can see here, here's a sneaky candle here. And it went to 41 and I gave it every opportunity. Again, I took money along the way, but I gave it every opportunity to reclaim the 541 level and it just came off short. But again, that's gonna be the number going forward. This whole supply for the next several days. Again, decent cash flow, but again, we're looking for something more there. Roku never got to the 295. Facebook just absolutely exploded, guys. Congratulations to all you guys who caught Facebook. 80-20 needs to build. Huge, absolutely huge macro area. Right, here is Facebook. So here is the 80-20, this whole channel here, 80-20 and the stock went to 289. Obviously any pullback on Netflix, on Facebook, needs to be bought on the rising 60-minute support for possible red to green moves there. So really, really big moves. SDGR, I still like it here. Never got close to the 272 levels. Check out this Maxim, check out this Maxim. Nice move, it was a little too thin for me. That's the only thing Maxim broke out today. 83-75, 84, here was Maxim. Right, here was Maxim, broke out. We talked about Maxim yesterday. Traded up like a dollar, dollar and change. Nothing really big there. PGN, small cap name, really exploded. Eight dollars needs to build. Look at this PGN did, really big move, right? Big, big move. Traded almost to nine bucks, big move there on PGN. Peloton got taken down with Zoom, so never got close to there. AMD, 93 rejected several times, needs to reclaim. Again, heavy call buying essay. Not a big move, but again, you can make a really good case that it had an inside day today. Took out the 93, went to like 93-90 before kind of relaxed here. But again, I like the formation there as well. Too low never got to 324, square never got to 215. I actually like square on the short side tomorrow. And here are the moves. Again, huge move on Facebook, Netflix. Even the video gave a pretty good trade as well. Go, go, never got here. New highs on Maxim. mRNA, I missed this mRNA. I was at lunch. Congratulations to all you guys who caught this absolutely monster move. 155, it builds below, can flush. I think the word flush is an absolute understatement. Here was the 155, right? Here was the 155. It confirmed the 155 just got murdered all the way down to 130. Again, I was at lunch. Nothing I could do there as well. But again, for all you guys who did catch a great job as well. Yeah, here comes the buyers. Here comes the buyers, the 300 calls, Facebook going on. So some pretty good value today. Absolutely really good value today. I think tomorrow, like I said, I think tomorrow will be a very stock specific day. Square I like to down some maybe confirmation. Zoom, maybe a follow through. Maybe mRNA for a second day. Swallow, I still like Facebook on the dips. Amazon to dips, Apple into significant dips and maybe not as much as the others. And definitely Netflix as well. So again, business as usual. Guys, hope everybody is doing well. Again, great time of the year. Holiday time, absolutely awesome. And again, hopefully everything is great in your life. You're happy, you're healthy. And with God's help, we'll see each other tomorrow. Take care guys, have a great night.