 And speaking of potential earnings plays that blow up at earnings, again, I don't know if it's going to happen tomorrow, but I'm definitely, definitely watching. And guys, you should definitely send an alert on SPLK on the bottom range here, because if this thing starts confirming the bottom range here. 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 back to another edition of the Access to Trader.com Weekend Update Show. Last time we spoke was the weekend update. I had to kind of go MIA after the close. I didn't have time to kind of record the video the last couple of days. My wife was out of town and finally came back. Kids activities, just way too much things to do to kind of fit in the video. But last time we spoke was the weekend video. And the market's kind of a little quick review. After a small rolling top that had a pretty good, pretty good trading environment back to the downside, on Friday, the market did a very good job. Bulls had an incredible good job of reclaiming the five day moving average. And going into this week, we're pretty bullish. Again, anytime you reclaim the five day moving average, that's the shortest term sentiment. The shortest term sentiment is going to give you a pretty good view of what's about to happen next. And if you rewind the weekend update, we talked about don't get too creative. Stick to the names that had good earnings that were just resting, never went down at the market. They were just consolidating some sort of catalyst that's been kind of going sideways and lead the way. And we talked about a lot of names. We talked about a lot of names. For example, we talked about Qualcomm. And we talked about RBLX. And we talked about TTD. Again, these were the names that were very, very strong. And all they needed to do was to confirm macro. And that's exactly what they did. So when the Qs opened up trading for Monday, again, this is kind of where we were the last time we recorded the video, we started a pretty good aggressive cycle for the last two, three days that had a pretty big run in the market. And a lot of names did incredibly well. Semiconductor names were on fire. Again, RBLX is of the world. And the TTDs and the Qualcomm's of the world went absolutely nuts. Even Tesla that was being sold over and over and over again. Because again, nobody really knew how much stock Elon Musk really sold or how much stock he really had to sell more. There was chatter going around that they were trying. And again, whether it's true or not, we have no idea. There's absolutely no way for us to know. But even with Tesla, there was chatter going around. They approached, Tesla approached an investment bank or two to kind of place the remainder of the shares with their institutional client flow. Then instead of just sitting there selling every day, we don't know. Again, we don't know if that's true. You know how chatter starts, we don't know. But the point is, I think Wall Street, the Wall Street community, the aggressive buyers in Tesla, the aggressive permabales and bulls, that's all they needed to hear. And it was almost like a relief, a sigh of relief. And once that news started circulating, you saw this pretty aggressive reversal on Tesla yesterday. And you can see the common denominator, how the Qs reclaimed the five-day moving average. And so did Tesla yesterday, right? They reclaimed the five-day moving average and really had this incredible run today. Again, we'll talk about that. We'll talk about the individual pivots in a second. But you have this really good market run on the Qs for the last three, four days. You know, the market got a little tired today. You saw the Dow down a couple of hundred points, not a big deal. You had a four-day run in the Qs, a lot of names that had big, big runs kind of rested today, not a big deal. The question is, how long can they consolidate, right? Tomorrow is Thursday, Friday, obviously there's an option of expiration. A lot of weekly speculation money is gonna come in into the options market of the hot stocks. So for example, RBLX, we talked about it two weeks ago. You know, they were coming in for the 125 and the 135 short-term expiration. Well, look where the stock goes. And we saw today, they were coming for the end of the month, 140s. A name like Qualcomm really took care and all these stocks have the same common denominator. They all took out the earning size. You can see how Qualcomm took out the earning size here. RBLX took out the earning size at 110. TTD took out the earnings highs right over here at 98 and they started to go. So we started watching for other names kind of the same way both to the upside and to the downside. We actually, I highlighted a name I really, really liked but not to the upside, to the downside in Zebra, right? In Zillow, you know, we talked about it on the video, you know, kind of go back to the weekend up there. We said, listen, this thing is a matter of time that this thing finally cracks the earnings laws. Well, this thing cracked the earnings laws yesterday, close blows 63 and put up a beautiful, beautiful move. I still think this thing has more room to go. The cool thing, again, kind of review the sentiment behind this, the cool thing is when the stock really breaks their number, right? To the upside, it has a strong quarter. There's usually a grind to the upside for several weeks. Well, same thing to the downside. If you look at any stock that blew up into earnings for the last, you know, even the last couple of quarters, you'll notice the same thing. They blew up their earnings, they tried to rally and once they took out the earnings low, it started, you know, a few weeks worth of selling drift and that's exactly what's happening on Zillow. And that's exactly what happened on Fubo, if you guys remember, from the Thursday video, took out the 25 level, right? To the downside of the earnings laws and started, you know, started trickling down lower. So a lot of these earnings plays, they get blown up. Again, for all you guys who are looking for, you know, high probability, high probability scenarios, just wait for them to kind of confirm their earnings lows or their earnings highs and you should get a pretty good trend that's gonna follow for the next few weeks. So going into tomorrow, look, there's definitely some names that I like, I don't love, right? I don't love. We'll talk about on the video in a second. The video came out with earnings, you know, not bad. Not bad earnings. I'm watching right now, trade in the after hours. There's a big reload seller there around the 305, 309 area. It's coming very, very close to a macro break. And what's cool about what we're looking at right now in NVIDIA, we definitely have an upside channel that we're definitely watching for tomorrow. But if that upside channel gets stuffed and so far it got stuffed after hours, then well, we have a pretty definitive channel to the downside as well. So again, you don't need many names to look at, especially if a market is in kind of a rest mode, just for one day. I'm not saying the markets in rest mode. I think a lot of names that have big, big runs, you know, might have a little bit of a rest. So you have to kind of go for other value here. So we have at least a definitive channel back to the upside in the video, back to the downside in the video. So that is definitely in play there. You look at a name like Tesla that had a big, big run here, got rejected. I didn't like the fact that they got rejected and closed below the 10-day moving average. But at least we know our next leg up. And that's very, very important. That's today's channel. You can see here it stopped perfectly into supply on this upper band here, which is very important. Now, if it starts filling in this band again, who knows if it will or when it will, but if it starts filling in this band, and again, then you have, you're talking about a 50, 60 point potential. If and then, you know, we'll see what happens. I have a feeling the way this whole Tesla saga is gonna play out the same way that Elon Musk tweeted out and said, hey guys, do you think I should sell 10% of my position and he ran a poll, which is insane, but he did. I think the same way it's going to kind of, I wouldn't be shocked if he turns around and tweets one day, well, I finished selling my stock and you're gonna see the stock just go back to 1200. I have a feeling, you know, if there's an opening line to the movie that he already started it, you have to have a closing scene. And I have the sneaky suspicion based on his ego and how he likes to troll people all over the place. I do believe something like that is going to kind of manifest itself into the future. What's gonna happen tomorrow, next day, next week, we don't know, but I would feel and that's how the next leg of Tesla will begin. So going into tomorrow, yeah, there's some names I like. Let me give you guys some names. There's definitely some names I like. I definitely like Apple. Apple, you know, had a nice move today out of the channel here. If they could just reclaim today's channel, you can see here how it stopped perfectly at the linear regression line. If they could reclaim today's channel, you have more upside ahead. Obviously, we're watching the video. I like this BLDR, you know, I was watching a trade today, not the thickest stock in the world. Only traded a little bit less than two million shares, but you have definitely a definitive channel here that, you know, if it confirms and never sold off today with the futures, that's a good sign. It's a long distribution now. If they could confirm the top of the channel, I think you could see a 72 figure there as well. I like this Abbey, right? Abbey, again, pretty same kind of looking chart as BLDR. You know, kind of going sideways here. You know, let's watch the top of the channel here. Maybe we get a nice little move. And speaking of potential earnings plays that blow up earnings. Again, I don't know if it's gonna happen tomorrow, but I'm definitely, definitely watching. And guys, you should definitely send an alert on SPLK on the bottom range here, because if this thing starts confirming the bottom range here in the next few days or so, even next week, you're going to have the same scenario as you saw with FUBU, earnings low is confirmed. Now that you're having with Zillow, earnings low is confirmed. And if this thing confirms this bottom channel here, you're gonna have the same effect. So let's talk about today's pivots. You know, you had some really aggressive moves. You had some names also topping out, but also again, it really demonstrates how strong the market continues to be. BLDR, again, I like it for tomorrow, I never confirmed today. DDOG only spiked up a little bit. It wasn't a big move at all. And then it had a really aggressive sell off. So it took out this 95, traded up to this 97.60s. Only a 99 had this really ugly, ugly reversal. But again, nice little pop there, nothing crazy. Netflix, I wanted Netflix. I love Netflix. We saw 700 claw buyers coming in on Netflix at the open. I know some of you guys got it. I missed it the way they ran this thing up. It felt like they ran it up on air, on no liquidity. It literally went from 6.91 to like 7.02. Again, it was just crazy, crazy quick. Unfortunately, I didn't get it. Look at this candle here. It took out the 6.91 area and a one candle went to 7.01. It was just way too thin for me. Unfortunately, I wasn't able to get it. Airbnb, a quick little scalp here at 2.10. Went to like 2.12 and change, nothing crazy. So it took out the 2.10, traded to like 2.12.50s before it sold off as well. MXCT, I still like. UA, I still like, never confirmed. Yeah, Zillow. So Zillow, the swing started yesterday. First close below 63, here's my notes. 63 continues to be strong support. If it builds below, can start a multi-week, not a multi-day, multi-week decline confirming earnings. It closed yesterday at 62.80. Confirmed today at 62. More sellers should come in and they got killed. They got killed. You know, you had a nice little orderly decline when owing down to 59.70s. I still think this thing probably sees mid-50s before. This thing kind of stabilizes. I still like it lower tomorrow. Every move up today got stuffed very, very quickly into lower timeframe supplies. This was a monster, monster move. Congratulations for all you guys who traded this thing. This is not my thing, but congratulations to you guys who took it. ONON468047 needs to build. I don't know what the hell this thing is, but if you took it, congratulations. This thing went absolutely insane. Went from basically 47 to 56. Hey, you guys should have totally was able to 56. I would have bought it with you. So rude. Anyway, good job. All jokes aside, good job here. Tesla continues to be an absolute monster. It was a huge pivot yesterday. Again, guys, forgive my dyslexia. Everybody knows we were talking about 1058 and 1060 not 1158, 1160 again. My dyslexia kicks in. Tesla went absolutely nuts again today, day two. So here is the 1058. That was basically yesterday's highs. See that 1058, yesterday's highs? So started building 1058, 1060, and it just absolutely exploded all the way up to the 1118 supply. Now again, we know our next move up. So keep an eye on Tesla, Big Boo move. HD went nuts second day in a row. Again, here's another perfect example of earnings did really well. Confirmed their earnings and now starting its multi-week run, 394.50, 395 needs to build on Home Depot. Here is Home Depot, right? So it took out the 95 area. It went to basically 400. Had a really nice move there as well. Oh, and then take on the way up. Nice spike on Depot. 1090, it's supposed to be 1090 next supply. Obviously again dyslexia. Apple 53, 20 needs to build. 55 weeklies came in. Trader right to 55. AMAT still watching, never got there. Apple's tiered, take on the way up on Apple. 55 on deck, Amazon never got up there. And that's it, right? Here it is, here's my notes continuing from Zillow. 61 on deck, pair some off on the swing. Let the rest walk down. Might see 50s next week. That is the plan. So good to be back guys. Hope everybody is doing well. Again, there is some value out there tomorrow. Hopefully in the video, we'll give us a clear channel. Hopefully Tesla will wake up one way or another. But I don't think tomorrow's gonna be a big, big macro blow off. Everything goes nuts. But I still think especially in this environment, there's still good places you can still turn to, especially in a technology name, as many of the former runners that had big, big muzzle, especially in the last several days, kind of rest. Guys, have a great night. God bless, good to be back. I'll see you all tomorrow. Take care.