 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 theaccesandtrader.com, a nightly wrap-up show. Hope everybody is doing well. There was no video for the last couple of days. Both of my kids are crazy busy right now. My daughter is graduating middle school, so they're doing the whole parties, the whole fiesta and all that stuff. Between my son and their AAU practices and the AAU games final of the spring. Just too much, so I apologize. There was no video for the last couple of days. So usually I rest on Thursday, but today, again, I have to know video for two days. I figure, let me share my thoughts. Nothing's going on anywhere, right? So let's talk about the table. Number one, if you are brand new to the channel, welcome aboard. Thank you very much. We appreciate your viewership. Kindly click like, share, subscribe, be part of the PS60 movement. For all you guys who have been loyal followers for a very, very long time. Again, thank you very much from the bottom of your hearts. If you are on the cusp of wanting to try PIVOTS, you don't know if it's for you. You have so many questions. They're a fear of the unknown. Look, we're having another Memorial Day special trial. It's like $47 for the month. Come in for a month, man. Come in for a month. Take a look at these PIVOTS they're all about. There's no gimmicks here. It's pure technical analysis. We have a phenomenal, phenomenal group. A lot of trinkets in between. A lot of little surprises throughout the day, which unfortunately I can't share on this video before you guys within our midst. Well, you guys got to know Shapiro Algo is real and it's spectacular. Anyway, guys, thank you very much. So you just keep an eye out for that for the next couple of days. Other than that, let's talk about it, right? Let's talk about the market. So last time we spoke was on Tuesday's video. We were talking about the exhaustion cycle. You guys remember it feels like it was a month, months ago, but only two days ago. We were talking about the exhaustion cycle. We were talking about the market kind of needing a rest to kind of reset things. And that's exactly what we got, right? It's exactly what we got. We rested, we came in for a couple of days, perfect remount, perfect digestion, all the bulls. Again, nobody was calling for Armageddon in the market. We were just calling for, well, I was calling for kind of an exhaustion channel that we could take advantage to the downside. Specifically names, you know, like a Google, you guys remember that? Like a Google came in perfectly like the Qs. We talked about that 335 level. You guys remember that a couple of videos ago? The 335 level got all the way down to 329. So it was a very good structural couple of days of taking advantage of the exhaustion channel. And the question was what was going to happen next, right? Was NVIDIA going to set the tone? I would say, and again, not the smartest guy in the world, but I would say NVIDIA definitely played a part in setting the tone. So if you guys, unless you're living on the rock, NVIDIA had earnings last night, right? They weren't even great, let's be honest. They weren't even that great, but you don't need great earnings to have a great reaction. And that's exactly what we have. NVIDIA is the absolute, for the exception of the BYND of all things, the Beyond Meet PR department. NVIDIA knows how to work the room, right? They know how to engage the temperature of the room. And they really, really know how to work the crowd there. If you guys remember, NVIDIA was just a regular chip maker like everybody else, and then all of a sudden they became a Bitcoin miner. Stock exploded. All of a sudden now, right? Again, a nice chip maker. All of a sudden they're ahead and shoulders above everybody in the AI community. And now we're going to roll with the AI. If I have to remember, go back into the chronicles, maybe they were doing COVID tests. Who the hell knows, right? Mad cow disease, dog disease. But whatever they do, they're masters of putting themselves out there as the forefront of the hot, of the it thing now. Now again, the question is going to be, is AI just a bubble, or is AI here to stay? I personally think AI is here to stay. I even downloaded, right? Just again, and I'm a moron, right? I don't know if you guys can see this on my screen, right? But the chat GPT, even I downloaded this chat GPT crap. And I'm a simple thing, right? I know nothing about nothing. So I personally think this AI thing is here to stay. Okay. I think there's going to be a lot of companies that are going to start putting out, or already started putting out AI PRs. But the main four, right? The main four, and I think we can all agree on, is Nvidia, Microsoft, Google, and AMD, Sofa. I'm sure Apple is going to drop a PR here and there. I'm sure this, that, and the third. But so far, these are the four horsemen that have been leading the AI revolution. I get it. There's all the stocks like AI actually doing very, very well. PLTR having a monster run on the back of its quarter. But it's those four horsemen, especially those of the four stocks that I trade in my stable of horsemen adjacent, or horsemen adjacent. So if you look at today's action was very, very, very, very odd. And the video went out of its mind. I think it went out of its mind last night. You know, we talked about it. They were coming in for before earnings. They were coming over the 325, 340 calls. And I was like, okay, 325, 340. The damn thing went to almost 400 last night. Right? Absolutely crazy. Again, earnings weren't great. The report wasn't great. But they kept on cheerleading the effort of AI, AI, AI. And that is the magic word. Right? It's like diamonds are forever. AI is forever as well. So big, big spike. And it took obviously all the names associated with it. Microsoft, Google, right? Google and AMD all had monster, monster days. If you look at the interesting about today's session was you would think the market was absolutely going nuts when I say the market, the NASDAQ. And the NASDAQ did great. Don't get it, you know, misconstrued. The NASDAQ went up 200 change, right? Very quick. The Dow was right in the day. If you look at the market compared to how you looked at the market 15, 20 years ago, you would see continuously what we've been talking about for many, many years now that the market's been a separation for all the stocks that did really, really well. There was a lot of names that did not participate. Snow obviously had an effect on the cloud names. And Amazon, which is very, very odd. I get that Amazon, the whole Amazon web services, but you know, to be down on a day like this, very, very odd for Amazon not to participate in this rally. You look at the other names. Again, discontinuation of what we've been seeing. You see healthcare providers, right? Cigna getting smashed. Cardinal health, right? Getting hit. You see retailers. Look what Target's been doing, right? Target's been absolutely getting absolutely annihilated. You look at Citibank. And at one point you start looking at, you know, retail, insurance, financials. And you say to yourself, man, down was me down 500. At one point it was down like 250, 300. So the idea that we can still get a discontinuation, a disconnected market is very, very real. I think that the market itself is incredibly powerful. NVIDIA, again, just an absolute rockstar run. Faded about 15 points from the highs. We had two really phenomenal pivots on NVIDIA. We'll get to that in a second. But the most important part is the market continues to be healthy. It got through the digestion or exhaustion cycle that we were talking about for two, three days. They got their seed legs back. And again, it looks like a lot of names are finally getting their swagger back for a potential next day run. So when you look at tomorrow's session, you have to assume, even if there is profit taking on NVIDIA at the open, you have to assume with this type of run up, and this goes for pretty much any cold stock type of run. Usually they'll go green at least once for the next day. So if you see some profit taking at the open, you kind of want to watch maybe the rising 60-minute support or a potential red-to-green move. Now again, red-to-green is not a pivot, but red-to-green in this case can maybe run $2, maybe runs $20. We don't know. But the play is always when you have a strong stock exaggerated move is that trap on the rising 60-minute support red-to-green or obviously above today's highs for a confirmation move. And I tell you one thing, going from the options market, they were coming in for Junes. They weren't even betting the 400s. They were coming in for the 440s, 450s, 460s, 480s for all June expiration. Absolutely incredible money flow with extreme premium. So again, I don't think even if the video rests tomorrow, I don't think the story has its ending just yet. Tesla is starting to get really, really good. Tesla had a great, great run for us. It stopped the riot supply. Beautiful, beautiful run, especially we've been watching this broadcast or in the live webinar. You kind of know. Tesla today reclaimed, right? Reclaimed the five-day moving average. Again, a lot of call-buying coming in the name this whole week. For the 200s, for the 195s, for the 220s for next month. Guys, watch this sneaky channel here. There's a 60-minute view here. It's not going to be obvious to a lot of people unless you're watching this broadcast. There's a sneaky channel here. If they can get above this channel, as you can see, I just got rejected twice here. If they can get above this rejected channel here, I think there's a shot it starts to wake up and maybe starts to attack the weekly highs. So definitely keep an eye on that. Apple, right? Look at Apple. You know, Apple's not quite out of the woods yet. Last time we spoke about Apple had this great three-day run, but it's kind of starting to look the same. You guys remember this, right? You guys remember when we were talking about Apple needed to get above the five-day moving average? Well, Apple's been rejected off the five-day moving average now back-to-back days. If Apple starts reclaiming the five-day, again, all you need to see this is a reference point of what happens next. So we're definitely watching Apple for the next, well, for tomorrow ahead of the long three-day weekend. If they can reclaim the five-day moving average, I think this thing wakes up as well. Not every stock, again, is participating. Look at Coinbase, right? Look at Coinbase. Coinbase is sitting right at the bottom of the channel here. It's held now three separate times here. Keep an eye on Coinbase tomorrow, guys. If it starts losing the bottom of the channel here, this thing could really, really get hit. So keep an eye on that. Again, we always want to make sure that everybody is prepared on both sides of the market. Financials still look weak. Several technologies, including Coinbase, still looks weak. But obviously, we're watching for continuation strength in Microsoft and the Apple, Tesla, and all that good stuff that makes the Fang stocks fantastic, right? Absolutely fantastic to trade. So let's talk about today's pivots. Again, as you can imagine, this was the big McGilligarilla, right? Big McGilligarilla for the day. Amazon, I was watching about 1735, never got there. Meta, $253.60 needs to build. Here is Meta. Not a huge move, but it took out the $253.60s, went a little bit less than $256. Not a big move there, but again, it is what it is here. FSLY, small move, $15.50 went to $15.45 before it got sold off. Tesla never got there. We actually had two separate pivots on NVIDIA. The first one actually wasn't a pivot. But if you guys were in the room, there was a massive order, a massive, massive seller at 380 on the big washout from 395, right? They were just sitting there, sitting there, sitting there. For the first half hour, 45 minutes, they were running away from that offer. And then all of a sudden, the bid started accumulating. They didn't run. Once they cleaned up that offer at 380, the stock gave us five points very, very quickly. And then there was that natural opening range high of 386, needs to confirm for a possible move to 400. It didn't go to 400, but boy, oh boy, this was a phenomenal $6 move. Great, great move here. And here is the whole pivot here, right? It took out the 86, right? See it? It took out this whole 86 channel and went right into the 9480s. This is a phenomenal, phenomenal move. I know a lot of you guys caught the move. Definitely the trade of the day for me. Great move there. And Apple almost went, right? Almost went 7340. Only went up about 50 cents, but I still like the setup going into tomorrow's session. And that is about it. I mean, all the concentration today was definitely on NVIDIA. It played out great. And first of all, I want to congratulate for all you guys. I know so many people, not just even the webinar, but just on social media. I know some of you guys took shots, took a lot of play on NVIDIA yesterday. I heard some phenomenal, phenomenal gains. Unfortunately, I didn't have any overnight, but I hear a lot of you guys really did. And here's my piece of advice, right? If you did really well on NVIDIA, and you had one of those trades that gave you six figures, my best advice is take the money that you made, take the taxes out, and buy yourself real estate, right? Buy yourself a rental property, okay? The trade on NVIDIA that you got that the market guys gave you in a once in a lifetime type of scenario, okay, that many traders will see. Take that money, invest in real estate, invest in rental property. That one trade in NVIDIA, if you do it right, okay, and have great tenants, and have them pay down your principal throughout the years, it's going to turn into a generational, foundation, life-building asset for you that we'll only appreciate. So it's great. If you want to feel great, you want to buy yourself something cute, something nice, that's all fantastic, but think like an adult, think longevity, and start your real estate portfolio. Always diversify, always be smart, and always be an adult. So again, guys, that's it. So for all you guys who are trading tomorrow, I will be trading. We have a three-day weekend. It is Memorial Day. For all you guys who are, who have been wanting to try out the PIVOTS guys, keep up the lookout. You'll see a Memorial Day offer for about two, three days. Take advantage. It's $47. If you've been struggling in the market, trading the quote-unquote normal way with the retail public and trading on the retail intervals, the one-minute charts, a lot of that, that's cool. That's great, but there is an alternative. I've been doing this for nearly a quarter of a century. We have a great, great thing going here. A fantastic product. And the most important thing is we have great people to make sure that you are on the right track. Guys, have a great night. God bless. See you soon. And the rest of you guys, stay blessed and have a great Memorial Day weekend. Take care, everybody.