 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 doing well. Hope everybody is, well, living your best life. So let's not beat around the bush. Let's talk about with the man of the hour, the woman of the hour, the hour of the hour, the one, the only, and video. So the biggest question going into today's session was, how is the market going to react to the Fed minutes that we already knew what they said two weeks ago, right? And the second question was, well, how was NVIDIA going to react, especially after a 250-point run-up? Here are the totals, right? Here's basically the totals of what NVIDIA reported. $22 billion in revenues, they beat on revenues, they beat on gaming, they beat on adjusted gross margins, R&D expenses, justice expenses, cash flow. The only thing they did not do well with is a 4.4% decline in their automotive revenues, still very, very healthy. Nevertheless, NVIDIA is up a lot, right? It's up about 75 points after the close, and you can see where it is, and maybe it'll test it as I'm recording this video, but you can see where it is. NVIDIA is literally up here. My e-signal doesn't change until the regular session. So let's just see in the next five, 10 minutes if NVIDIA can get above the 746 all-time high, because that's exactly where it stopped here after hours, but absolutely incredible, incredible move. And as you can imagine, NVIDIA is taking everything up with it. SMCI is up 90 points, ARM is up 10 points, AMD is up 7 points. So basically speaking is if you're not long anything going into tomorrow's session, kids leave the room, adults about the curse. Well, you should out of luck, right? You should out of luck, because realistically down tomorrow, you're in the corner of, well, do I chase performance, right? Do I chase performance, or do I wait for a pullback that doesn't come, or do I wait for a pullback and hope for a bounce into the after hours highs? The point is you as a trader, again, I don't care if you played NVIDIA today after the close, if you took something else. Realistically, any exposure you had long or short, any type of technology names going into tonight's overnight, you were going long basically essentially NVIDIA into earnings. If you did do well with it, congratulations, that's awesome. The rest of us who are flat technology going into this earnings report, now we got to figure out what the hell we do, right? What the hell we do? And the problem was usually it's not a big deal. But if you traded today, today was a very sloppy session, one of the sloppiest I can remember in a long time. The market went up and then the market lost the lows and then the market took out the lows again and then the market rally into the minutes. And then the tips auction came out and the market got slammed and the market started rallying and then the market got slammed. The market got slammed, the market got slammed, only to rally at the end of the day and only to see where we are right now. Yes, is trading fair sometimes? No, life is fair, it's not fair, trading is not fair, get over it. Like I had a very sloppy day today, probably one of the sloppiest days that I can remember in a long time. Who cares? It's all, right? Who cares? You take the good, you take the bad, you have the short memory, right? Like I say, certain days you are the pigeon, certain days you are the windshield. Today I was the little bit of a windshield, but that's okay. It doesn't make a difference. The most important part is long term thinking, right? Long term thinking, long term appreciation from your capital and long term the ability not to prostitute your capital when you have a sloppy day. I recognize it was a sloppy day very, very quickly. I quickly got out of the way. I shorted some Tesla towards the end of the day, caught a little bit of cash along the way back, but it doesn't make a difference, right? It's kind of an irrelevant day, and when you have an irrelevant day, whether you're up a little bit, down a little bit or flat, it's kind of the cost of doing business. Every trader ran into the same sloppy market as the rest of us today. Believe me, your quotes are not different than mine. And the most important part is it's over, right? It's over. There's no point to sulk. There's no point to talk about it or have any type of opinion about it. Just like we were 16 years old, it doesn't make a difference anymore. It's in the past, and that's the most important point. So the question is, how the hell now do we tackle tomorrow's session, right? Obviously, with everything exploding, especially the semiconductor group overnight, obviously, the first move into rising support on any stock is going to be important. What I mean by rising support, you see all those lines that a lot of new traders tell a 25-year-old veteran that's been trading for 25 days, how are you doing? How can we have so many lines? Well, those are the lines that kind of tell us where rising support is and also going to tell us where the rejection levels are. So at some point, one of these lines need to be tested. And when it does get tested, we'll see how it handles those lines and potentially have a remount or a bounce in layman's terms. That's the best way at least I can at least justify tomorrow's day. Tomorrow, if you are a brand new trader, is it the greatest day for you to trade, especially after today's Slopfest? Probably not. I've always maintained the idea not every single day is good for every single body. Matter of fact, show me one trader today. The traded technology was a good day for today. Maybe you got lucky, maybe you submitted some money. But the rest of us, it was like a pick-slop, right? I was literally rolling around in the mud. And once I figured out, like I said a couple of minutes ago, that, hey, this is just not my tape. I'm not getting any continuity here. I'm not getting a rhythm. I'm not getting a flow. I just literally got out the way to like three hours later, four hours later, when I literally scalped some Tesla into a rejection area into supply. So we'll see. We'll see what happens there. But that at least is my initial reaction for tomorrow's session. And if you want to sit out tomorrow's session, hey, God bless. Again, we want our days to be boring. We want our days to be lethargic. We want our days to be predictable. Tomorrow's going to be an exciting day. Tomorrow is going to be instead of running into the beach with a beautiful sunset or a beautiful warm day. Tomorrow you are running into the beach. The problem is you are running into the eye of the hurricane. Maybe it's your thing. It's probably not mine. But tomorrow you have to be very, very selective, very, very aware of what you're doing. Majority of days when we're putting on a risk profile, right? A risk profile. We are identifying a day that we can put as a reward to risk ratio. Tomorrow's the opposite. Tomorrow is a risk-to-reward ratio because everything's already exploding and people are going to try to justify chasing something because they're trying to play catch-up. That's a huge, huge recipe for disaster. However, there are a couple of names that actually look pretty good for tomorrow that is not related to technology. So let's talk about it, right? Let's talk about it. Look at chart on Oxy. Yeah, I said it. That's where our update is leading up to today. We are seven and a half minutes into the video and I just said Oxy. Yeah, damn it. That's right. That's what kind of day we're looking at tomorrow. So anyway, for all you guys that do trade in stock like Oxy, not a bad-looking chart, right? Keep an eye on this thing above the top of the range. Not a bad-looking chart. Tesla today had kind of a weird session. Tesla today attempted to really, really explode at the top of the range when the stock got killed and now it's rallying again. So there is a two-sided trade I'd like to watch for tomorrow on Tesla, either above today's highs or above, below the bottom range here on February 15th. And today's channel, this looks pretty interesting. But the point is, guys, look, I know a lot of you guys went overnight, long, short into earnings. God bless. That's all I can say. Absolutely God bless. I don't judge anybody. You know, your dime, your dance floor, you're all grown-ups. But boy, I'm telling you, man, don't make it a habit, right? Don't make it a habit. Desperation is a really, really terrible trait to have as a trader. You never want to trade out of desperation. You never want to trade out of fear. You never want to trade out of raw emotion, hate, love, superseding, everything else. It's all about the risk parameters. And when you're trading into earnings, that's all it is, right? Again, tomorrow, you have 10 games in the NBA. It's a lot more exciting betting a three-hour sporting event than buying something into earnings. But again, for all you guys who did it, congratulations. The two stocks did not participate in any earnings romp or, well, two EV names. Lucid, Lucid, man, I could have told you Lucid was going to miss earnings, right? Depending where you live, like I live in Morristown, New Jersey, as Morrist County, excuse me, I live in Morrist County, New Jersey. We have literally a Lucid showroom at the Short Hills Mall, right? I think I've seen three Lucids probably in the last two, three years. I have seen Rivians around. Not as much as people in the West Coast, but I have seen Rivians around. I really like their trucks. Their stock is getting hit after the close as well. So not everything is taking part in the Nvidia scenario. So tomorrow, guys, I'm telling you, today is long. It's going to be a challenging day. Your emotion is going to be put to the test. Don't let it, folks, okay? Do not let your emotions drive your ability to stay solvent. Tomorrow is just like any other trading day. Nothing more, nothing less. It's all about value. If you're chasing something up 60, 70, 80, 90 points, 100 points, you got to ask yourself how bad do you really want to make it as a professional trader? So that's it, guys. I know it's crazy, not the greatest update in the world. Believe me, it took me a while to convince myself to even do an update today just because of the ramification of what's on deck for us tomorrow. But again, that's the whole part of trading, guys. You sign up for it when you open up your first brokerage account. You sign up for the good, the bad, the extreme, the irrational, the rational, the euphoric, the depression. Everything rolled up. Why do you think, you know, why do you think depression drugs are still doing well? Everybody's a freaking trader. All jokes aside, guys, God bless tomorrow. Stay safe. Let's see what we have tomorrow. Maybe we get lucky. Maybe something will fall into our lap. Maybe we'll get that perfect bounce. We never know, but this is why we always talk about trading is the greatest reality show that's not on television. Tomorrow is my normal evening off. If you like the content, guys, if you like what we're doing, all we ask is, guys, just take a second, click alike. It'll help us out. It'll help provide value to you guys and more important folks. Stay healthy and I will see you all on the field tomorrow. God bless.