 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, happy Monday everybody. Welcome to another edition of the AccessToTrade.com, that we wrap up show. So I hope everybody had a good day. So let's talk about the market. So if you watched the weekend update, the market kind of played out what we thought it was going to do. I thought the beta names today for the most part were going to be probably muted just because everybody was waiting for Tesla to drop earnings and then slowly but surely you have kind of a Super Bowl going this week. You got Amazon on Thursday, we'll get to that in a second, and all these big kings of the jungle. I think the market performed very admirably today. The Dow was down 60 points, nothing. The Nasdaq did its thing doing very, very well. I think people were watching Tesla to see kind of the reaction to it. If you look on the surface, pretty decent numbers. It's all going to come down to guidance on the conference call. As you can see here, Tesla's down about 20 after the close, which is not really horrible considering the growth story. That's all where it's at right now. It's all about the growth story. We'll see how on the conference call and eventually how Bitcoin played a part, how deliveries going forward and all that good stuff. But I think the most intriguing part of what we saw today was kind of how strong the market is continuing to build. And we talked about the first time closing over the five-day moving average on Friday. And all we just needed to see is how many of these names were going to start confirming. You saw strength today once again in the semiconductor names, the Amats of the world, and the video is setting up tomorrow really, really well. A big story, I think, came out of Charlie Gasparino on Fox Business. If you guys remember him, he used to work on CNBC now. He works with Fox, very, very opinionated guy, very aggressive in nature. And he, quote-unquote, broke the story that Amazon traders were circulating that Amazon possibly was going to split. This isn't breaking news. People have been circulating this. Amazon's going to split news from the last five to seven years. So this isn't exactly a breaking story. But we started seeing some really aggressive call-buying coming in the options market on Amazon. We'll get to the pivot in a second. We started seeing some really aggressive call-buying coming in on Amazon for the 3400s, the 3500s, the 3600s, the 4000s, very, very aggressive. And this kind of rumor started circulating. And the one thing that it did do was give traders an incredible amount of funnel, right? Because nobody wants to miss that headline. If Amazon ever comes out, who knows if it ever will. But nobody wants to come out and be that trader saying, well, if they do come out with a split, I want to be low on the stock. Because realistically, if this thing does announce a split, this will be an absolute monster, monster move. So I think there's a built-in FOMO in this name right now. And they report Thursday after the close. And I do believe, and I said this today in the webinar, regardless of what Tesla's earnings were going to be, I can't see somebody with a position on Amazon, a long position that they've been sitting in for a long time, saying to themselves, well, I'm going to start really aggressively dumping the shares before earnings knowing there's a, even if there's a 1% possibility that there is a potential for a stock split to get out of my shares. And that's kind of what's setting the floor on Amazon going into tomorrow's session. And if you look at what the stock did, and again, we'll talk about the pivots in a second. But when you see what the stock did, it really is setting up for a big, big round two for tomorrow's session. If you look at this whole channel here, it's gotten rejected now here three times in a row. So this is a very, very clear channel. And there's a possibility that they could run the stock to $3,500 before the earnings just on the whole FOMO kind of catalyst that people don't want to part with their shares prior to any announcement. The only problem with this whole Charlie Gasparino story is, I think if there is no split announced, well then everybody's kind of like, well, wait a minute, we just ran up the stock and there's absolutely some sort of disappointment. And even if they have a phenomenal quarter, I think there's going to be some sort of like almost like a punch-drunk defect if there is no split. I personally would love to see a split on Amazon. The idea of trading Amazon properly basically once a quarter, it sounds cool. But we would love to see a split, five to one, three to one. Just give us something, give us more liquidity. The majority of the day, this thing trades $2 to $4 of spreads. It's very, very tough, obviously, to do any size in this thing just because of the spreads. So hopefully, for everybody's sake, they do announce a split. And while we're asking, maybe Google, Shopify, Chipolty, booking.com, ISRG, maybe they could split as well. Because again, a lot of these names just really, really tough to trade because of their lack of liquidity because of their widespread. But that was kind of cool as well. Semis woke up again. Amad, very, very strong name. Really liking the video going into tomorrow's session. You can see this whole range here that's developing as well. So I do believe the market continues in tomorrow's session. Again, unless we hear something really, really crazy and just outlandish and out of left field, we should continue to kind of move here. CRM that broke out on Friday above that 34 levels. And again, just kind of grinding away. NET that broke out on Friday had a really nice follow through as well. So you see the names that are coming out of their channels, they are following through. They might be maybe resting, right? In the morning sessions, whatever the case may be. But you are getting a pretty good general follow through. And then when they start confirming macro, that's when you're going to get the really, really big news. As far as Tesla goes, look, I think tomorrow, you know, look, it's weak right now. You can see it, you know, you can see it here coming off its lows. You know, just from what I see here and I've seen some crazy moves on Tesla to the upside, to the downside and prior earnings reports, I think this better plays other areas. If the seller is just based on what I'm seeing now, and again, it's only down 15 bucks after the close. But for what I'm seeing now, I mean, look, is it crazy to think that Tesla is going to completely engulf the sellers and take it back red to green tomorrow? Of course not. You know, I think just by the reaction, it looks like the sellers are very comfortable at that level. But look, would it shock me to see the 690 Tesla as well? Nothing shocks me. Again, let Tesla play out tomorrow. I do believe though, there are better value going into tomorrow's session, just with a lot of names. And if you are concentrating on Tesla in a very, very tight range, especially after earnings release, you're probably going to miss a pretty good potential premium session going into tomorrow. So the names that I do like, and you know, we'll kind of reverse engineer this, I do like Square. I like Square for tomorrow. That looks good if it confirms. Mavidia, if it confirms, this looks good. I like CrowdSource. There's a lot of names that look really, really good. I'm just to give you a couple of names. But if you do your research tonight, you'll really see this really good amount of value for tomorrow's sessions. That's pretty much it. You don't really need to dissect the overall nature of the market. I think, you know, they're going to run up some names into their earnings dates. We're in a very, very bullish cycle. I think the market performed a phenomenal, phenomenal task, kind of engulfing the Joe Biden tax hike headline from last Thursday. And overall, the price action continues to be bullish. So let's talk about the pivots from today. And then we will kind of buy a dupe, right? I got another softball game today. I'm literally leaving the league in parents with the most kids' activities in a single day. Every single day is either softball, soccer, basketball, something. So after this, I'm going to my daughter's softball game. So CRM broke out a couple of days ago off that 230 level. I still like the 236 break. It kind of sat there pretty much for the last couple of hours. I still like this break here. NET, nice little follow through from Friday's breakout. 80 supply needs to reclaim. So it reclaimed, right? It reclaimed today in the 83, 83, 75, 84 level. Here's NET, right? NET reclaimed that 84 level and traded all the way to 85. I still think it's like a dollar in change before the next supply for one more continuation move. AFRM really exploded. We talked about AFRM on the weekend video. Again, names are coming off the bottom channel. 74, 75, 75 needs to build. Here was AFRM, right? So it took out this whole 75 level and traded right to the next supply zone of 79. Really, really big move on AFRM. Dash was impossible. It put up a $4 candle. There's no way I could have gotten a piece of this thing. It was so thin. It took out the 53, 50, took out the 55, went to 57 and a half. If you got some, congratulations, I did not. It went so fast. It felt like it went up $4 on like 500 shares, but whatever. It is what it is. AI, I still like this macro chart. AI, 71 area needs to reclaim. And it was a nice move. AI was a nice move here. It took out the 71. And now it's really, really on deck to take out this macro channel. This could be a big, big spot here tomorrow, guys. If this AI confirms, there's a lot of room upside. Please check earnings though before you anticipate the trade. Apple is still in the same area here. This was a nice trade here. I caught this Tiger 2160, 50 day supply. Any close above is bullish. And it traded into the 2240s. Nice move on Tiger. Nothing wrong with it. Again, first close above the 50 day moving average. If you still like it, it really needs to start building above the 2250, 23 level. But there was some aggressive call buyers in the name. Let's see, Facebook 303 needs to build. And I only say cashflow only. I didn't think it was going to be a big move today. And it wasn't a small move, but it traded right to supply here to 306. You can see it took out the 303, this whole little range here, and traded right to the next supply zone of Facebook. Peloton never got down. Again, the most important part, guys, if you are trading the P060 theory, it has to be second entries. Again, for you guys, basically, a pivot is not an entry. A pivot is the previous channel that it needs to go through, put in a new high, let it retrace. And once it takes out that new high to the upside, that is called the second entry. That's exactly what you're looking to do. AMAT, nice move on AMAT 136 needs to build. Here was AMAT, right, took out the 36 and went to almost 39. And then things got, you know, nice push here. Take the push here at 2230s. That's where I was making sales. Take on the way up, take on the way up. AFRM, 76 on-deck, 139 on-deck. You can see there's some pretty aggressive stuff here. Mons, I still like. It traded to the 1430s, 1450s area. I still think this is the highest close in this whole formation. I still like it going into tomorrow. I think this is, if you guys, top trading hearts, you know, the tops trading cards, that is, that's the smack, right? And this is where things got really, really aggressive here. This is where the Charlie Gasparino rumor kick in. But guys, keep this in mind. People have been talking about this Amazon split for years, right, for years. I don't understand what the thing is when somebody says, traders circulating this. How would these people find, how would they even know, right? How would you even speculate? So this is all a bunch of nonsense, but it's nonsense that you can take advantage of, right? And obviously traders are making bets. 33, 83, 33, 85, huge area it needs to build. Here was Amazon, really, really strong move. And they probably spike it again tomorrow. And again, this is a big macro level, but you can see, right? It took out this whole 33, 83, 85 level, traded as high as to 34, 28. And the reason why it's important, it's gotten rejected here three times all. And right now it's bidding up about 10 after the close. So we're still liking Amazon into tomorrow. So here's the 3,600 calls, 3,400 on deck. They're traded at 3,420s. And that is it. So look, I think the market is still very, very strong. I still believe the technology sector and individual names, you can definitely take advantage of. But the key is to wait for them to confirm and take their second entries. So a lot of times, remember guys, the previous channel is just the press, right? People are always, just because you're long, somebody could be short and using the previous channel high as you're out. So there's a lot of stocks being, there's a lot of stops being triggered. So you can't go into a stock on this first time because you don't know if there's real buying or shorts being run, excuse me, stops being run. So it's very, very imperative that you take the second entry on all the trades. So basically let it take out the pivot, buy a new high, let it retrace. And once it comes back through that new high, that is the second entry and knowing the cavalry is right behind you. Guys, have a great night everybody. God bless. And I'll see you guys all tomorrow.