 Something's wrong with these things. Alibaba's down, Amazon is down, Netflix is down, NVIDIA barely held on, which is amazing. Barely held on. 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, giving everybody happy Monday. Hope everybody is doing okay. Hope everybody had a great trading session. Just an insane market right now. We are basically, the players are changing. The symbols are changing, but the sentiment is still the same, these SPAC names, right? Same theory, the SPAC names, the energy names, the EV names, the, you know, the Bitcoin names. They're just all going out of control. These energy names, these alternative fuel cell names. Anything to do with energy is having incredibly big runs today. And again, they just change the symbols over and over again. Even the crap that I was in. I'm still in, I still have a runner. I was long this NBAC, I bought it Friday, right? We talked about this on the video. I bought this thing Friday. I'm down to a runner, right? My second to last sale was at $11, like 15 cents, 18 cents, whatever it was. This thing is right now trading $11.70 after the close. And again, it's just insane right now. You look at stocks like DPW. I mean, this is the dog crap of the dog crap. I mean, look at these moves. Just one after another, after another, these little stocks, O, E, G, I mean, put it this way. If this is your market, right? And this is not mine, right? I'm playing with it just because it's the whole theory of when in Rome, right? You know, I'm playing with these things and I'm trying to catch, you know, I'm definitely trying to catch a wave on these things. But if this is your market, you have to capitalize on this. Because again, this is a market you're not gonna see in 2021 for the vast part of the market. It's just not, you'll get a, you know, you'll get a stock here and there, here and there, but you're not gonna have a predominant market that speculation money is so aggressive, right? It's so out of control that you could literally chase anything. That's exactly what this market is. You're literally chasing anything in sight. And because the hotness, right? The hotness factor of this market, you're getting rewarded. Like, look at this DPW, right? DPW closes at 7.19, okay? Look at the stock. The stock's at $9. It's not even five o'clock Eastern time. So incredible amount of strength in these things. And if this is your market, again, try to capitalize as much as possible. You know, don't pay attention to the ones that put up the $5 move. You know, try to do what, you know, kinda I did. You know, stocks that nobody's looking at like this NBAC, that, you know, you're saying to yourself, it's in the group, let me take a shot, I have a 20 cent risk and see what happens. Even the name like HCAC, which I forgot to buy, you know, I was talking about this $11 for the last few days. I forgot to buy this one. Look at it today as well. Trade it up to like $11.56. So the ones that are just going nuts, those are great, right? Those are fantastic, but those are the most dangerous. That's where retail is driven. That's where the fear of missing out is driven. That's where the biggest emotional plays are, the crowded trades and those are the trades that eventually, you know, the whole musical chairs game eventually is gonna end. So if you are trading these things, please be careful. Pay attention to only the ones that are just finally coming out of the channels. You might not get the biggest move in them, but your money is safe because again, you are looking at a predefined level from a technical point of view instead of jumping because the whole rest of the group is going. So absolutely craziness going on in the market. Again, short week, we probably expect to have more of these same in the last, you know, for the next several days until Thanksgiving, but I'm telling you, once it's over, right? Once this damn thing is over, it's over, okay? I don't even wanna look at these things after they're done. Here's the flip side, right? So we've been talking about what the hell is wrong with beta now for a long time. Again, if you look at the Dow today, the Dow was up 327 points, okay? The NDX was flat, okay? Q's were up a penny. And if you look at the names, the majority of the beta names were down. They were all down. There's just something wrong with these things. Alibaba's down. Amazon is down. Netflix is down. NVIDIA barely held on, which is amazing. Barely held on, but you know, again, Apple is down. These things not only are they not even participating now to the upside, now they're starting to break down to the downside. And if you look at the value to tomorrow, and of course, look, there's definitely some plays I like to the long side that have nothing to do with beta, right? Like a lot of these smaller names. But boy, oh boy, I mean, look at Apple. First close below the 50 day moving average. Look at Netflix, right? First close below the 50 day moving average. The graces of God, and I traded, and I traded in the video to say, first close below this area. Melanie had a cashflow trade on this thing. We'll talk about the pivots in a second. But look, again, look how close this thing is really set to break down. So very, very odd tape, huge disconnect, right? Again, Facebook got killed as well, got re-acclimated with the 50 day moving average. But there's something very, very odd that's going on in the tech space. There's obviously some sort of buyer strike. Again, maybe everybody's just trading these EV energy slash Bitcoin stocks. Who the hell knows, right? But there's something very, very odd in the water what's going on right now. And again, if there is going to be a rotation to these things eventually, well, great. We're ready to go. But the one thing, again, the continuously aspect that we are seeing this market is you are getting one or two of these beta trades a day. You are, okay? We've been talking about the rotation every single day. One day it's Roku, and the Roku continues to be very, very strong. The next day is Tesla. How awesome was Tesla today? Everybody give yourself a round of applause. Phenomenal moves. Every macro area got confirmed today, which is amazing. And if you saw the option flow today, it was just nuts. As far as ISO, just on flow algo, there was at least $30 million worth of premium. I think somebody told me on Cheddar, which is another option scanner. There was over $50 million worth of money flow on Tesla. So just craziness going on, okay? Craziness going on, Tesla broke out in a major, major way. But again, it's literally one beta name a day and a lot, right? An absolute a lot of these stocks that have nothing to do with beta, just pure speculation and some aggressive, phenomenal, aggressive money flow. So again, I think probably it continues, but again, my main watches tomorrow are going to be these beta names. If they do get stuffed into supply, I mean, again, look at these charts, right? I mean, look at Netflix, right? Look at this chart on Netflix, right? Look at Apple, right? Again, if they can't rally, it's common sense. Whatever doesn't go up in a hot market must go, right? So again, we're definitely watching these names for tomorrow. We're definitely still paying attention to the smaller names as well. But again, the bread and butter is where the bread and butter, it lies. So it's very, very important to understand that. So let's talk about today's session. Again, amazing, really good stuff. I mean, really, really good stuff. Again, NBAC, which I'm probably gonna like, I'm literally watching, if you see my eyes, I'm literally going back and forth. I'm watching this NBAC. If this thing starts getting over 12, if this thing starts getting over 12 after hours, I gotta make my last sale, but unbelievable, unbelievable move there. And they just started going one by one. These are the two macro levels we talked about. We talked about on Tesla 503 was last Friday's highs, 510 would have confirmed that whole move from the previous day. Remember guys, these funds, index funds, they need to be long Tesla, right? They need to be long the stock ahead of the inclusion. So that's why you're getting this massive, massive short squeeze. We talked about this on the video as well on the weekend. So here was the 503, the initial confirmation, right? 503, it took out the 509 and just absolutely exploded, exploded, went up to 527. This thing needs to be bought on dips. Any move back into rising support until the inclusion needs to be bought on 60-minute channels, obviously red to green for experienced traders, or obviously confirmation of channels for the previous day. So for example, this whole channel tomorrow needs to be confirmed for a possible move. And this ban will rise tomorrow, probably to the 540 area. If you look at the daily chart, again, you have room 550. This is your measure potential, 555, 668. So there's a lot of really aggressive call buying. We saw the 600s today. We saw the 620s, the 630s, short-term expiration. So again, Tesla is doing a phenomenal job, definitely the trade of the day for me today on the video. And again, I'm very puzzled by this. So I got short, and we talked about this on the nightly video. So I got short on this 522 breakdown. And it wasn't rallying, but it wasn't going lower. So it went down like a dollar in change. And again, here's the whole channel here. So I always take cashflow on the way down just because, again, nothing is guaranteed. So I took some off like a dollar in change. And the next thing you know, it just stalls out. The futures start rallying and yada, yada, yada. I break even on the balance, and then it goes up another $2, $3. So I'm still watching this thing. You could tell it's still very, very weak, but I am watching this thing. But again, cashflow trade, nothing more there. Peloton 113 needs to build. Put up about a buck. It wasn't a big move. I still like Peloton for tomorrow. ZM never got up here. Sumo, nice little move on Sumo. They had some COVID news. 2150 needs to build. Here was Sumo, right? Here was Sumo. The initial move on Sumo went for like 22 and changed. Nothing big. And then it started selling off towards the end. TTT never got close to 850. Crowd only put up, you know, crowd only put up, I think a 50, 60 cent move. Netflix again. I like this thing to the short side tomorrow if it confirms Amazon. They were coming for the 3,200 weekly calls, but nothing. I mean, nothing even came to close to confirming space. Nice, not a big move. 2480, 25 needs to build. Here was space, right? Here was space. Put up a move to like 2540, not a big move. But again, not everything could be a big move here. And again, I kept on saying, look, they're coming for the 600 and the 630 December calls. And again, they weren't just coming for the calls, you know, 50,000, 100,000. They were coming for five, $6 million worth of premium on one shot. So again, Tesla is an absolute rocket ship. Boeing, big move on Boeing. Congratulations to you guys who caught Boeing. And he closed over 20950, super bullish. Here's Boeing, took out the 20950, traded all the way up to 214 and change. If it confirms 250, you can see how much room it has all the way to the 222, 23 level. So keep an eye on that as well. Yeah, I think that's it. So, you know, look, the market is ridiculously hot right now. But guys, I just want everybody to understand this type of environment is very, very, it's very secular, okay? It's not gonna be around, you know, for the duration of your career. And especially if this is your thing, and again, this is really not my thing. I'm just kind of participating on the coattails of how hot this market is. But if this is your thing, you really need to take advantage and take advantage at right levels. Because if you don't, what's gonna happen is when the market kind of restructures and then everything is gonna go back to normal, okay? The last thing you're gonna do is kick yourself because he really didn't participate. Now again, if this is not your market and this is just strictly, you know, subsidized income while, like for example, like beta gets back to normal, that's a whole different conversation. But again, if this is your cup of tea, your sweet spot, I hope you guys are doing really, really well with these plays and the moral of the story is again, they're hot, but they're hot right now. Believe me, once the musical chairs stop, you wanna make sure you have one. Guys, have a great night everybody. God bless, love you all and I'll see you all tomorrow. Take care.