 They want to give these big behemoth coal stocks the benefit of the doubt, and you can see here macro-wise, what could possibly happen tomorrow? Again, if we could confirm the 10-day moving average. 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, giving everybody, welcome to another edition of the AccessToTrader.com nightly wrap up show, hope everybody is doing well. So we have five days left to the election. Again, I really, really encourage, and again, if anybody's been trading the market for a long time, you see the difference between a market that is trading on potential new leaderships or the same leadership continuing to stay in office, then a normal market. Again, ranges are gonna be tighter if you're watching this broadcast for the very first time. You're going to see a tighter session until something breaks, kind of the levee separates and the water goes. And we have five days left, literally five days left from now to election night. Obviously nothing will be kind of put to bed come November 3rd, but at least will give us a glimpse of our future. And I really encourage people trade for cash flow, don't get a lot, you don't need a lot of exposure overnight just because of the sheer uncertainty of what's happening. And the most important part is you are going to get a lot of value throughout the days, most days, right? You're also going to see a lot of days that are gonna be stagnant. So you have to really understand how to press and pull back at the same time. And today was a session for whatever reason, I traded very, very aggressively today when I didn't need to in the morning, had a couple of brain farts. Luckily we had some good opportunities that I kind of got back everything, kind of got back everything and wound up on the right side of the ledger. But sometimes your brain as a trader, sometimes you know what not to do. Like for example, I know don't smoke crack, right? Crack is bad, right? I think we could all agree crack is bad. But once in a while, you'll turn around and the human being will do crack. Well, why are they doing crack? I know it's bad for them. Eventually it's gonna kill them, but they'll still do it anyway, just in case they don't die. And today for some reason, I got very, very aggressive early in the morning. For some reason I had a major brain fart. Usually again, every single trade needs to be confirmed. Every single interval needs to be confirmed. I took a stupid loss on DraftKings this morning. But again, we were fortunate enough to have enough value throughout the rest of the day that I was able to get hold. But it really does show you how, I don't care how long you've been trading, you're going to have that mental lapse of judgment. And sometimes even when you know not to do something, all right, say no to drugs, don't do crack, sometimes you'll just take out the pipe and go, shh, allegedly, right kids? If you're listening at home watching at home, allegedly, allegedly, don't ever do that stuff. So that's kind of where we are. The one thing technically that I did like today, what I continue to see kind of from yesterday's session, if you guys remember, we sold off 650 points yesterday in the doubt. And the one thing I kept on kind of harping on over and over again in the live webinar and in the video at night, that we really didn't see any aggressive put buying coming in, especially ahead of earnings. And again, this is a very, very big week for technology earnings. For example, Microsoft came out with earnings today. Pretty muted reaction, had a nice move pre-market. It's pretty, excuse me, regular market. It's pretty much flat after the close. But what I like, what I saw yesterday, number one, the cues did hold, right? Did hold this rise in support, held, re-held, reclaimed the 50 day moving average. And now we're kind of back at striking distance, kind of where we were a couple of days ago. You guys remember that 286 level? So this is still on the table. Remember, those levels are valid until new levels of form, new levels are peers. So this level here is still very, very valid. And now we're getting close to some really big earnings coming up on Thursday, your Amazons of the world, your Googles of the world, Facebook, so forth and so on. So it's very, very important that the bulls kind of hold the line to kind of peers through. And again, going forward guys, these are still the big levels. 286 continues to be the big level initially. And then any close above 288, but just in case things get very, very hairy. Again, we have the bottom of the channel here, roughly 276, 76 is our area for reference point to go down. Again, what we saw today with some pretty good action, very, very, very, very expanded roles, meaning the electrical names were strong. Like, look at this NIO. I mean, what a move here today we saw. Crazy call buying coming in. And not only just like the 30s, the 33s, we saw $40 calls being traded as well. So this is a very, very strong stock continues to be strong stock, continues to get really, really good, aggressive speculation money hitting. And when you have a market that could produce a move like this, right, a move like this, the point is, is there really any fear despite the market going down? Like today, for example, yesterday, the Dow went down 650 points. We were talking about the whole time, there was no fear. Today the Dow was down 200 points. So you're talking about 850 points net net in 24 hours. And here we're talking about a stock that literally went from $13 to 32, actually 35 after hours. So the most important part where we need to kind of maintain, number one, remember, every day is gonna be different from now to the election, every day is gonna be different. There's no gonna be two days alike. There's no gonna be two days that are aggressive and passive alike. I think that we have to understand as well. So the most important part is again, what we talk about every single day. Take it day by day, okay? Take it literally day by day. There's no reason to press. And the most important part is from now to election day, just understand, you're not gonna get big, aggressive money flow in most days. Again, think about this from the mutual fund, index manager, hedge fund manager point of view, right? Our future is uncertain until we find out who the leadership is. So nobody's gonna be putting real money behind an idea. Nobody's gonna allocate $20, $30, $40 million on an idea if they don't know what the implication is gonna be next year. We don't know that. So I think there's a lot of money sitting on the sidelines. I know a lot of my friends, they're passively in this tape right now. They're not really to the point of view that they're aggressively taken on positions more kind of like surviving and patching days together until after the election day. So you have to be very, very conscious of that. So I think we'll get a lot more clarity. Like somebody asked me today, is this normal? Is this a normal environment? It's not a normal environment, not every single week, not every single month, you have a major election. A lot of people will turn around and make an argument. It's probably one of the more important elections in recent years. So it's very, very important, okay? Incredibly important really to understand the dynamics of where we are. Again, take it day by day. If you have to trade smaller size, take faster profits, but just understand, the market will be here five days from now, okay? So if you don't need to be aggressive in this market, don't, it's very, very important to understand that. So going into tomorrow, again, I wanna give the bulls the benefit of doubt just because how strong the Nasdaq names were. Amazon reports Thursday, they had a nice spike today into the close, reclaim some big levels. So that's very, very important. So you have a lot of speculation money continue to roll, not only into names like SRRK, but names like Amazon, again, they wanna give the stocks, they wanna give these big behemoth coal stocks the benefit of the doubt. And you can see here, macro-wise, what could possibly happen tomorrow? Again, if we can confirm the 10 day moving average tomorrow session, remember they report Thursday it's very, it's very high, it's very conceivable that we can get a really big run between now and Thursday session. So let's talk about today's pivots, some good things, some not good things, some days, some things I just completely had a brain fart. It literally took me pretty much all day to get on the right side of the ledger, which was a little bit frustrating considering I over-traded it and really messed up a lot of trades. So let's talk about this. So Draft King, so I screwed up. And then why did I screw up? 39, 20, 39 if it builds below. Again, I always dwell on the trades I don't make money on because those are the important ones. There's usually a reason why I screw up. It's usually not technically, it's something that I do mechanically. So Stock already had a big run here and it didn't rally today and it put in a low of 39, 35. So it put in its initial low of like 39, 15. So I said basically 39, 20, 39 if it builds below and I can flush. The problem is the first candle's move was all in one candle. So I didn't wait for confirmation. So I didn't wait for that second move to confirm for the 10 o'clock candle. Again, this is what we talk about. You could trade 20, 30 years, 40 years, 50 years, but at times you will have brain farts and that's exactly what happened because if I would have just waited, right? If I would have just waited for that confirmation candle stock went down to 37, 90. Again, the difference between a dollar move, right? A dollar, dollar, 20 move, then we losing 50 cents on the trade. Now again, it's 50 cents down to the world, absolutely not. But again, that trade could have been avoided if I didn't have the human side come out of me, but again, it is what it is we're all human beings. So I gotta hold the L for this one. Boeing I scalped, Boeing I scalped. And is this really like the hardest stock to trade in the world these days? It really is. If you look at where the stock close compared to the pivot, it looks great on paper. To say I messed up this trade is an understatement of the day. So 158.70, if it builds below can flush. So look where Boeing closed today, right? Stock close at 54, right? Looks great on paper, looks great on social media, right? Great call Dan, you're a must follow, right? The nonsense I scratched on the trade. Idiot, complete idiot. So again, you can see what we talk about. You have the days, you completely have mental farts. Today was kind of my mental fart day in the morning and it took me all morning to kind of get back to where I needed it to be. But again, mental farts, mental farts, mental farts. This is one of the biggest moves of the day. Congratulations for all you guys who swung the trade. And I said this is not gonna be a day trade, but any close above 10 is super bullish. Not sure if it's gonna be a day trading stock, probably a longer hold. I thought the stock could have gotten to like the 1150 at some point next week. Apparently next week was today. This was an absolute huge move. Congratulations guys. So this was the $10 build, right? $10 build here and the stock just exploded when all the way up to $11, really, really nice move guys. Again, congratulations for all you guys who are holding this thing still. Again, 1150 is the IPO high. Big, beautiful move potential there. You actually saved me. Of all things, you actually saved me. You rejected 104 twice, needs to build. Here was letter U, right? So here was the 104 break. Nice move here. The crazy part, it actually went as high as to 108. Here's the crazy part. Look what the stock did in the middle of the day, right? So it goes from 104. This is the candle that we were long. Goes to 104, goes to 108, reverses, goes all the way down to 95. Obviously, it took on the way up, I'm not stupid. And then it runs back, and then it runs back $8 from there. Again, if you could explain to me what happened there, we'll be nuts. Nice move on square, pre-market pivot here. 173 rejected three times, needs to build. Here is square, right? So here is the 173, right? 173, 173, 173, nice pop here. Took out the 173, went to 176 before it kind of faded into the sunset. Amazon, it was big. This is a big pivot, and it closed above a big range. Again, for all you guys who are holding Amazon overnight, there could be one more pop there tomorrow, guys. So here was the initial pivot, 3237 needs to build, right? So here was Amazon, right? So here's the 3237 right here, okay? So the first move was like 25 points, right? Big move, you can see the stocks trade from supply to supply. So the first move was like 20, 25 points. The most important part, and it gets being sold off a little bit after hours, but I think tomorrow it's gonna confirm, at least that's the plan. Once it got above 3285, okay? That was the big key here. That's where it closed trading to the 3290s. So again, if you are holding Amazon, if it can just confirm tomorrow 3300, there's a lot of room here into an earnings push. So keep an eye on that. Zoom, nice spike on Zoom. Zoom looks great, okay? The Zoom looks amazing. You have crazy, crazy reports of different countries thinking about possibly locking down now. Experienced traders only, the first move was the 531. So 526 needs to build for a 531 spike. That happened pretty seamlessly, right? So here was Zoom, right? So here was Zoom, here was the 531. You see this 526, 526, 526? So trader right to 531. So once it got above the 534, and that's the pivot we talked about right before I logged off. Unfortunately, it didn't catch the second end of this. But 34 right here, once it took out 34, and now it looks like it wants to test the previous days high. And if this thing confirms and news continues to filter through, you could get an expanded move there. NVIDIA, nice move there as well. 531, 532 needs to build for cash flow move to 535. It actually went a little higher than that. So here was NVIDIA, right? Here's a 60 minute view on the NVIDIA, right? So here was 531 right here, okay? This whole area here, 531, 532. Went to like 537, nice spike there. Tullo got destroyed. So here's the, again, here's the point of pivots. We don't care which way they go. We just don't. 304 to the upside, 297 to the downside. And look at Tullo. Tullo got absolutely smashed. So here was the 97, and it went all the way down to 287, big, big move. It's actually selling off more after the close. Amazon, again, nice 20 point spike. Again, Boeing, but before that new lows, right? Before new lows, I screwed up. I really, really screwed this up. So again, it is what it is. Beautiful move, PLTR, huge move on PLTR. You take on the way up. And again, this was the point. Any close over 3284 is bullish ahead of earnings. So nice 10 point spike ahead of that number, above that number, into the close. So, yeah, I mean, crazy day. I kind of did, I kind of did overtray today. But again, you're gonna have those days that your humanity comes out and stupid things start to happen. You overthink everything or don't think of anything at all. And the next thing you know, you're fighting back and you're crawling back. The good part about today's session, I stopped myself. At some point in the morning, if you guys remember, I said to myself, which trade was it? After Zoom, because I shorted Zoom also, which you guys didn't see on the Twitter feed. We had a Zoom short as well. That went from like 18 to 13. I shorted some Zoom to make back some losses. But after Zoom, I kind of just stopped. I kind of literally stopped and I said, you know what, let me kind of get my head together and that's what happened. And then all of a sudden, a letter you broke out and yada yada yada finally did the right thing. But yeah, crazy day. Again, I have no expectations tomorrow. I am by bias. Again, we'd like to see everything confirm. Okay, I think that's the key. Obviously I will not be preempting or anticipating the moves. We have to let everything confirm. And if the bulls can just reclaim that QQQ 286 level, I do believe we'll start the next leg up. Guys, God bless. Have a great night everybody. I'll see you all tomorrow.