 Before you turn around and say, what's the big deal about September 15th? Well, this is again where the technical damage started, because again, this is where they got rejected today. So at least we have a point of reference going forward. Again, very, very important as long as we stay now above this rise. 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. Happy hump day, everybody. Welcome to another edition of the access to trader dot com nightly wrap up show. Hope everybody is having a good day. Hope everybody had a good trading day. Very, very aggressive action this morning. And this is kind of why the market is the greatest reality show that's not scripted, that is not on television, and it's completely unpredictable. And this is why the morning session, I've always tried to instill the idea that again, your biggest value is always going to be in the morning. You're getting the biggest exaggerated moves, the biggest measured potential. The most chasers, the most uneducated traders, the least funded traders are willing to literally chase anything in sight. And once you get into the afternoon, you start getting into a more headline driven environment. You're you're headed for a lot more contraction of channels and the the unpredictability level starts to rise. And that's exactly what we saw today. It was definitely a tale of two days, a morning session and the afternoon session and kind of let's go back to it. So we talked about this big level here that the market needed to confirm, reclaim and push forward. And the morning did that and it was very, very aggressive. We started seeing a lot of names confirm macro levels, which was very, very good. Today was probably the first day that we saw probably in the last three weeks or so ever since we started losing major levels and started getting a lot of macro damage that many names expanded very, very aggressively. And you saw Apple and you saw Nvidia and you saw Amazon today and you saw names like Zoom really start taking back control of downside bias, kind of really confirming them back to the upside. So it was a really aggressive day. And then you started seeing things start to kind of stall out in the afternoon, which is not abnormal. It's actually very, very normal. Because again, if you're watching this broadcast for the very first time, again, you're going to get the big macro moves in the morning. But in the afternoon, again, like I said a few minutes ago, channels will contract because most traders are going to be very, very tired, more individual intraday traders. And what's happening is more traders are positioning for the next day. So for example, if you like a stock that is going long and you feel like it's technically ready to go, especially if you are an overnight or even a swing trader, whatever you want to call yourself, you're going to start positioning more in the afternoon. So that's where a lot of names start kind of trading in a tighter channel. So you're trying to get as much accomplished in the morning. And what we saw this afternoon was headlines start going one after another after another. Number one, second, third day in a row, you started seeing more macro heavy headlines coming out of Europe. Spain, again, had a really big spike in COVID. They're starting to talk about measures maybe to start to maybe have people stay at home more. You saw headlines coming in that Moderna, right? MRNA that again, maybe their drug or vaccine was not going to be ready ahead of the election. Obviously that gave kind of kind of a red signal. And more important that just from the home front, there wasn't a deal or at least any measures reached on another stimulus package. So when you had all these things kind of start formulating in the afternoon, well, here's your day, right? You had your really big aggressive spike in the morning, big four or five candles in the morning prior to the open. Then you had your big three candles all back in the afternoon. But here's the good news. If you look at the overall day and you look at the big picture of the market, the bulls did what they had to do today. Again, another necessary level that they needed to reclaim, right? They confirm these two channels. This is the second day in a row. They closed above supply. And at the same time, they pierced all the levels going up to September 15th. Now, again, before you turn around and say, what's the big deal about September 15th? Well, this is again where the technical damage started. Because again, this is where they got rejected today. So at least we have a point of reference going forward. Again, very, very important. As long as we stay now above this rising five and 10-day support, we're fine. No matter how much the market pulls back in today, no matter what happens pre-market or post-market, we all know, again, the five-day moving average is here. We're still above it. And now we're starting to build a new base above this 20-day supply as well. So again, these things are good. Again, can the market come in tomorrow, 5,000 points? Everything is on the table. Again, the market is a very fluid situation. We talk about this on a nightly basis. So nothing will ever shock me. That's why, again, we say this all the time. Have your opinion on your nightly research. Try to execute it as aggressively and as confident as possible. But once you start getting in the afternoon session, try to limit your exposure. Again, if you are a swing trader, again, start looking at hedges. If you are long-tech and you're long Facebook, you're long Amazon, you look Apple, again, you know there's, we are one headline away from getting a poll. Maybe start looking at hedges, right? Start shorting the queues, start shorting the spies once we get into the afternoon level. So if there is some sort of rug pull, some sort of headline-driven event that's happening, again, at least you are protected. At least you have some sort of a hedge on. That at worst case scenario, again, maybe you'll make a little bit more going into the afternoon. Excuse me, maybe we'll make a little bit less going into the afternoon, but your profit will be protected because you do have downside protection. Just something to think about, especially if you do have some sort of exposure and you wanna keep that exposure overnight. The key for tomorrow's session is number one, don't go below this 275, that's number one, okay? Stay above the 275. Start building more of a base above this 277 level, which is incredibly big as remember, that was at the high here, that was the high here. And this is the first, this is the highest close since this whole September 15th move. So again, on the surface, it looks good. Are you going to have some volatility with the election, with COVID news, with stimulus news on, off, again, did everybody forget that we're still in the whole China trade war thing, right? Right again, nobody even remembers that's still on the table. So there's a lot of stuff going on, guys. And our job right now is again to determine which way the wind is blowing, structure a game plan that's going to be complimented based on our individual process. And again, try to hedge yourself, especially in the afternoon, if you have a book, if you're having overnight exposure, any type of longer term potential for risk. So really aggressive day today. Today was one of those days that expanded channels happened because we broke macro resistance. And that was very, very important. And if you look at the fee today, incredible violence. I mean, that's the best way of saying these stocks were going incredibly crazy from Netflix to CRM. You guys remember CRM? We've been talking about this thing, like literally every video for the last week. And finally, did it what it had to do. And then, by the way, we got a headline from the CEO of CRM, maybe five minutes, six minutes after we put on the position. Hey, by the way, I'm going to have a surprise announcement tonight. Oh, and by the way, we're going to be on Mad Money. Cool, right? We'll show you what we did in a second. So really aggressive channels here. Like I said this morning, important session today, which it was, because again, we needed to stay above that 277 level. Bulls can't afford to give up rising support, which we exactly did not do today, which is very, very good. It might be a tighter session. And again, we got the opposite of a tighter session today. Very, very aggressive. So let's talk about this. So Netflix, 497 needs to build. Again, that was the high from the last supply zone, which was yesterday. And if you look at Netflix, right? We talked about it right here. Here's the 496 and change. It broke that 497 level. It stopped a little bit tad, a little bit tad light of the next supply zone, which was 508, traded about 504. So again, big, big move on Netflix. Again, it's going to need to clear out this 509 whole area here for the next leg up. And again, if the market stays above the rising support, Netflix should be fine. Again, we continue to see five, 10 calls being traded. CRM was awesome. I had my doubts. I'm not going to lie. I had my doubts just the way it was trading. But once it started building and that news came out, it absolutely exploded. 249 needs to build. So it got long and CRM put in a really, really aggressive candle. So here's the candle right here. You see this whole area right here? We talked about this whole 249 area, right? 249, 249 finally broke 249. Just exploded all the way up to 255 area. So definitely a big move there. Facebook 263.50 needs to build. Here was Facebook. So you pretty much have an idea, right? You definitely have an idea of how aggressive these stocks were. So here's this 263.50 level and traded right to the next supply zone of 266. So now that becomes the new area that buyers need to reclaim for a possible move back to 276. So again, what was great today, we had the aggression. We had the test of the rising support. Well, kudos to the bulls. And now at least we have points of reference and a lot of names going forward. So Facebook was good as well. Tullo never got to the 252 level. Tesla was good. Tesla was actually my first trade of the day. 424, big area, 60 minute needs to build. Rejected three times. Needs to reclaim 429, also big area. So here was Tesla. And again, I'm gonna show you here because I don't wanna, right? So here is the 424 right here, right? Actually, excuse me, right here. It's 424. You see that got rejected? 424 pre-market several times. 424, it's 424, 424. It got above 424, it got above the 429 and it went all the way up to 434. So a really good move on Tesla as well, right? Good move on Tesla as well. Shop never got to 1051. It actually was red on the day. So the pre-market high was 1051 and never got there. Amazon was big. It actually put up a 60 point move and then the rug got pulled like everything else. 3161, sneaky area needs to build. 3190 is another big area of spot. So here was Amazon, right? So here was the 3161. Hold on, what the hell is this line? Here's the 3161, right here, right? This whole area here, 3161. 3190 was macro and went all the way up to 3212 again, prime days coming up. Again, we want to see a little more strength there. On the video continues to be a monster, 531 needs to build. I mean, this stock is just an absolute beast and you can see how aggressive these stocks are right now. When these things go, they go in gangbusters. Here's the whole 531 area right here. It took it out and just traded all the way up to the 544. So again, a lot of big moves, really, really big moves in beta. This one, I wasn't even playing around. It was just way too thin for me. For all you guys who did catch a great job, 260, 261 needs to build. Again, like I said, trades too thin, experienced traders only scale down. Snow actually went bonkers. So here was the 260, right? Here was the whole 260 area, which was the high from these two channels. And the stock, man, did the stock really go to 278? Great job. If you did catch this trade, great job. I just, again, stocks are just way too thin for me. Beyond 166 needs to build for cash flow. Here was beyond, you get the picture. There's a lot of big moves here early on. So this whole, here's the 250, excuse me, 156, 156, and just absolutely exploded all the way to the next supply zone at 173. And they just went on and on and on. Zoom, 267 needs to build, more COVID news. Here was Zoom, right? Here was the Zoom pivot right here. You see this whole area here? This whole 267, right? 266 and change, 266 and change, 466 and change and just exploded into the 477 level. What else, what else, what else was going on today? And that's it. I mean, that's it. There's a lot of big moves, a lot of big moves. And again, the most important part was, again, these stocks are very, very specific. Beta, there's only about 10, 15, really traditional beta names. So it's not really something that you sit there and you search for. If you chart these stocks every single night, you really should be prepared for them. Because again, it's the same, we trade literally the same 10, 15 names all the time. So again, I like what the market did today. I like how the market did handle the sell-off. Some stocks did give back a lot of juice today. But again, at least we do have reference points now for the next potential move up. Guys, God bless, have a great night. Got another soccer game, again, playing soccer, mom. And with God's help, again, I'll see you all tomorrow. Take care.