 I do believe this is going to be the one, if it sets fire and starts catching a very aggressive bid early, especially early Monday morning, this will set the tone for the rest of the week. 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, good morning everybody and welcome to another edition of the AccessaTrader.com. We can update show hope everybody is doing well before we even get going. I want to wish everybody a happy and healthy thanksgiving. Okay, again, times are different from what we're used to, especially in the last couple of years with the pandemic. So I want to wish everybody a lot of health and a lot of happiness and a lot of love in your life to kick off the holiday season. And usually at this time of year, usually it's a very, very bullish time, especially if you are a small cap trader, right? If you are a small cap trader and it's very odd for me to kind of lead with that. But if this is usually the time of year that something catches a bid and then there's an absolute panic, right? Panic. People are jumping over each other, one over the other to chase higher prices. And this year is a little bit different, right? This year is definitely something that is much more completely the opposite of what is traditionally the case. And if you look at the IWM, we started talking about the disconnect in the Russell, the small cap world versus the mega cap world a couple of videos ago. And this is still kind of the trend. You could still see the big disconnect and you still see the potential for the IWM to kind of start trickling down to that 230, maybe even the 227 level. A lot of cash flow has been transferred from the small cap arena, the speculation into high beta, right? And that's obviously our sweet spot. And Thursday's video, we talked about the options order flow, the institutional money flow dictating where the money is going to be allocated and where the stock prices are going to go. And we talked about Tesla, we talked about Amazon. And I think this year, instead of a smaller cap name being that parabolic type of euphoria play that unfortunately a lot of traders are going to be going FOMO, there might be a different case scenario this year. And it's this, right? It's this little stock and I don't know if you guys heard of it, called Tesla. I'm not sure exactly what they do. But from what I understand, it's a pretty good company in a pretty, pretty big cold following. But all jokes aside, this is the type of scenario right now that it's set up not only on the daily chart that they confirmed a very, very aggressive level on Friday, we'll get to the pivots in a second. But the most important point is kind of filtering through the previous night's video of the option flow. We started seeing really aggressive $1,200 call buyers coming in for this week's expiration, considering this week is basically what three and a half days, right? Basically, because again, it's a big travel time of the year. A lot of people are going to be away. They're betting that this thing is going to put up another 60 points or so by the end of this week. And if option flow dictates underlining securities, then this is the one. This is the candidate. I don't really see anything else. Again, maybe you could make a case for Lucid. Lucid had a great, great recovery. Maybe you can make a case for RBLX that has just been an absolute monster. But if you look at the pure dynamics of what the Thanksgiving cult following, right, cult following parabolic potential in the past can be, it's usually something that most of the masses are already aware of. And most of the masses are willing to pay it up for this special week. And again, there's no guarantees that Tesla will be this magical runaway train. But if you take all the data that we've had for years and years and years through how significant the speculation money has been flown into one or two names throughout the Thanksgiving week, not a betting man, but I do believe this is going to be the one. If it sets fire and starts catching a very aggressive bid early, especially early Monday morning, this will set the tone for the rest of the week. And if you guys, you know, if you guys obviously have been watching this video in the last X amount of years, you know, there's no better, there's no better vehicle pun intended than Tesla. And if this thing expands and the option flow kicks in very, very early, especially Monday morning, it could be special, right? It could be definitely, definitely special. Other than that, look at what's going on in the week. All the money flow, literally all the money flow went in on technology. Tesla, obviously, Amazon had a fun. When I'm talking about a phenomenal run, we, you know, we talked about the pit, this turned out to be one of the best trades, definitely in the last X amount of weeks. But you're talking about the 3600 breakout, the confirmation Friday above 37.05. I thought it was going to get the 37.68, got the 37.62, huge, huge move. NVIDIA confirmed, confirmed earnings highs. Roblox has been on a runaway train. Lucid woke up, has been an absolute runaway train. You had Facebook with a monster, monster, move. Apple continues to push into ridiculous highs. So you could clearly see the haves and the have nots. The have nots is everything else. And that's the point. That's what we talked about on Thursday's video. The IWM continues to go lower. You look at financials, they continue to go lower. Anything that has been kind of a drag in the last couple of months, especially missed earnings estimates, we continue to keep on emphasizing over and over again, they're going lower. And again, guys, kind of reiterate this play. Folks, one of the highest probability plays, and we've been talking about this for a long, long time, is stocks that miss earnings, right? They miss their earnings, they put in the low, they rally for a couple of days, they're not rallying off the bottom, they're kind of buying time to go lower. And we've been emphasizing this play for, you know, just in the recent weeks and recent months, you could see the dynamics, how strong this play is. Like look at Roku, for example, right? Roku lost its earnings lows, multi-week fade. You had Fubu, right? Lost its earnings, multi-week fade. You had Disney lost its earnings, right? Earnings low, multi-day fade. The most recent one was Zillow. And again, continues to die. You know, we talked about Zillow, the 63 break. This thing's at 56, again, multi-week play. Now look at Beyond, right? This one I really, really like. Okay, first of all, again, I had blood work several weeks ago, had an uptick of cholesterol, so I kind of changed my diet. I really, really cut out. I basically became a vegan the last three weeks in a weird way. I still eat salmon, I still eat salmon, tuna, stuff like that, but I've cut out all meats, anything with high cholesterol. I haven't had any cheese for three weeks. I gave up soda. I gave up my second cup of coffee for the day. So I'm really, really, I've really changed my eating habits. I've been exercising crazy. I've already lost eight pounds in the last three weeks. And the one thing that I'm, I can say I'm almost an expert on is the meatless meat industry. And for those of you guys who kind of on the same regent as I am, you kind of know what tastes good and tastes bad. And I tell you, Morningstar products are phenomenal. Really, really good. Dr. Prager's products are really, really good. This crap, I wouldn't feed to my dog. And I've tried everything now, because I'm trying to incorporate more things in my life. And there's a reason why this damn thing has been going straight down. If you look at the weekly, right, the weekly view on, on beyond, you know, ever since January, this thing has been dead water. And if you really believe in the lifestyle of health, or trying to, you know, cut down your cholesterol intake, whatever, sodium health, whatever the case may be, and you've tried this beyond product, it's not morning. Let me just say this much, I don't want to be, you know, I don't want to be too, too graphic. It's not Morningstar. It's not Dr. Prager's. It just doesn't taste as good. That's the nicest way I can say it. And if you believe in the whole theory, once stocks lose their earnings lows, they go into a weekly kind of spiral. Guys, watch this thing. This thing is held the low here that the earnings low three times now. If this thing loses earnings low, this will be a multi, multi-day to multi-week decline, just like everything else we talked about, the Disney's, the Roku's, the pelotons, everything else. Speaking of pelotons, guys, thank you very much. There's four or five gentlemen that sent me one of my one of my biggest problems with the peloton. I have a peloton for five years. And if you're like me, if you're like me, I hate that damn seat. It's like getting a prostate exam every single time you take a ride. And maybe that's one of the reasons that peloton has been in a free fall. So these gentlemen, Dwayne, Dwayne West, Nick, Dwayne West, Nick, David, and oh my God, I'm spazzing. I apologize. The last person, they sent me a bigger seat. They sent me a bigger seat for the holidays. So I'm going to connect it today. Okay, I'm going to connect it today. And I'm going to make sure that Brian, Brian Sterling is the other one. Thank you guys for the seat. I got a bigger seat now. No more prostate exams as I take a peloton ride. Hopefully, this will be a game changer. But that's the point beyond watch the earnings lows here. Definitely, definitely watch the earnings lows. And if you look at the cues, what's happening with the cues of the less, you know, four or five, six days, ever since we reclaimed, forget about the 50 reclaimed the five day moving average, we're at all time highs. And again, the names that we mentioned have been absolutely flying. But if you do your research going into tonight this week, there's so much value to the downside, right? We talked about Splunk a couple of videos ago. It wasn't the earnings. Oh, I apologize. They actually report December 1. It was the downgrade lows. So it took out that 35 again should see 3029 this week. You had TDOC that we talked about. I believe we talked about on Thursday's video if we didn't I apologize. But again, it is what it is. Lost 21 area is in spiral. But if you look at, there's so much value to the downside. Look at the square, right? Look at square. Obviously, we just talked about beyond. Look at monster, right? Monster. Monster is a day away from confirming this candle low. Look how much room it has to go. Look at names like, hold on, let me give you guys a couple of names that I really like on the downside. Look at Rivian, right? Look at Rivian. This thing doesn't deserve. Once this Rivian loses this whole channel, you see this whole rising wedge? Once Rivian loses this channel here, this thing is going back to IPO lows. I really, really like this. You're no Tesla, my brother. You're no Tesla. Damn it. I don't even know if you're a Neo. So again, it is what it is way, way overextended. This thing loses the bottom channel here. There's at least 20% downside to that as well. Let me see what else I like on this short side. Monster. Give you guys a couple of names. Beyond, I definitely like as well. So there's definitely a lot of value to the downside. What you want to avoid right now is looking at anything like I've been saying for video, video, video, anything really, really overextended. Tesla's not overextended. It's not overextended. It just literally reclaimed the 10-day moving average. It's no way near extended in this whole cycle. This thing has huge potential. Nvidia, if it continues to build, I believe you can see that 338, 340 level, any dips starting Monday, Tuesday, especially Monday that gets into dips you definitely want to pay attention to. Amazon, I think it's a little frothy now. It put up a 250 point move in two and a half days. Leave that one alone until it starts retesting levels. Apple, I love Apple still. It broke out above that 153 level. It looks like it has a date to 62, 63. Lucid still looks really good. Had this big reversal. I still, I think it's going to challenge the recent highs. This is definitely a candidate to buy on rising support, but there's a lot of slower names as well. Look at this MXCT for all you guys who are trading a little bit smaller names. Look at this thing. Look at this wedge here. Look at this flag that's building here. This thing starts building its flag. Again, it might take eight years to get there, but this could be a nice slow mover. Again, not every trade needs to be fast. Like the Zillow, like the Zillow Short, it's been just a constant drip, a dollar here, a dollar here, a dollar here. Like every single day in the last four or five days ever since this, so not every trade needs to be a tussle. Sometimes it's good to kind of manage your brain to kind of shift gears. So there's good value both in the technology name to the upside and then everything else to the downside. The key levels now that you want to watch, especially on the Russell, is yesterday's low, right? The 332. This thing starts building 332. You got measured potential to 330 and then ultimately 227. The Qs, again, be careful guys. Don't chase anything that's overextended. Like Apple, if this is your first entry on Apple, you're doing it wrong. You're doing it wrong. Apple broke out right here. The first entry should not be right over here. Again, it's a completely different dynamics once the stock is up six, seven points above the pivot. There's only one pivot. Everything else is confirmation. Remember what we say all the time. If you're going to lose, right? Lose from the first floor. This is the first floor. So if they would have got rejected off the first floor, at least you got some bumps and bruises if you fall out the first floor window. If you're buying it up here, you're buying it off the 10th floor. So there's a higher probability that if they pull, you're not going to survive because if they pull, they could pull all the way back to the breakout price. So leave the extended movers alone. If you're buying these things on dips into rising 60 minutes support, that's a whole different story. At least you have a point of reference. You have a safety net that you know where it's supposed to bounce. So I'm obviously bullish bunch of technology names, especially Tesla, especially Tesla going into Monday had a monster move into the close, confirmed the big level. I'm kind of sell bias everything else, right? The financials, just pretty much everything else for the exception of the beta universe, which is fine by me. Again, like I said on Thursday, usually if the whole market is pulling in and a couple of stocks are moving up, that's usually a big red flag. But when those couple of stocks are the most straight and most aggressive high beta Wall Street pension hedge fund index funded loving stocks, we can live with that. So we're definitely prepared on both sides. We're definitely have our eyes open on both sides. If strength stalls out immediately, let's start looking to the downside. If strength still continues to go, obviously these tech leaders are the way to play. So let's talk about Friday. The whole week was super aggressive. If you've been watching this broadcast, technology has been a rocket launcher. That's the best way of saying it. Apple, Amazon, Facebook, NVIDIA, Tesla, it's been great. Really, really great. Again, don't fall in love with past performance. Look at reality, right? If the reality stalls, these suckers up, you don't want to be anywhere near them and focus to the downside. There'll be plenty of potential. Let's talk about Friday's area. Macy's had a one good run the previous day. Obviously never confirmed the 38. Keep an eye on Macy's for the next few days. Obviously, we were looking for that 38 confirmation. It never did. Send alert on 38. If it ever gets back up there, it should start another run. Honestly, Macy's had a great, great run. When somebody mentioned it to me in the webinar, I was like, why Macy's? Why even waste your time with Macy's? And I turned around and I go, wow, I didn't realize how big of a run it had. But again, no dice there. This was obviously the major one for the day. It absolutely exploded. Digest a little bit on that 1120 area. Major, major level now needs to build for a huge gap to fill. This was 1120 on Tesla, right? So here was Tesla. Here was the 1120. And look at this move it made into the close, right? Look at this move it made into the close. We talked about this whole range on the Thursday video and this thing put up a $20 candle into the close. And again, if you believe in the theory, stocks trade from supply to supply and demand to demand, look where the next supply zone is just saying. So I love Tesla. Any dips, any dips into rising 60 minutes support or confirmation on Friday's channel has more upside. Amazon, just amazing move yesterday again, broke out on Thursday, excuse me, on Wednesday, was it Thursday? Sorry, the long way. $35.95, $3600. Amazing move yesterday. Now needs to confirm $37.18, $37.20 for potential move to $37.68. It went to $37.62. Just again here confirmed the $37.20 and just ran up into the 40 points. Just an absolute monster. DDOG got upgraded, never made it to the $200 area, which is very, very odd. We've been catching NVIDIA pretty well. Most of the week is off bounces. We had a secondary pivot off the opening range highs $3.23 and then it finally confirmed in the afternoon $3.28 needs to confirm earnings highs. Here's NVIDIA closed right at the highs roughly around the $3.30 area traded to $3.31. If it confirms Friday's prices, I think this thing gets to $3.38, $3.40 and the upper Bollinger Band assuming market continues a little bit of dice. Facebook went absolutely nuts. $3.34 needs to build. That's the top of the 60-minute supply. Look at the move on Facebook. Here was the $3.34 right over here. Look at the intraday move this damn thing made. It took out this whole candle here at the top supply, $3.44. It took out $3.44 and went to $3.52. Just outrageous. Some really outrageous exaggerated moves in the technology space. Again, here's the one beyond. I'm waiting. I'm waiting. I'm patiently waiting for that sucker to confirm. Splunk, really nice move on Splunk $1.35. It wasn't earnings lows, the downgrade low. I apologize. Potato patato still went down. It was the downgrade low. They actually report December 1st. If it confirms, it started to move down. $1.35 earnings lows. Here was Splunk. Here was Splunk, took out the $35, closed the $32. Should get the $30.28 level this week, especially if the market continues to pull. Really good value. Really, really good value everywhere. We talked about Agilent. We talked about Agilent. $163 rejected twice on the 50-day needs to build. Here was Agilent, took out the $163, traded the $65, first closed over the 50-day moving average, still very, very bullish there on Agilent. As you can see, he started getting value on the long side and he started seeing value on the short side. TDOC, $1.21.5, $1.21 if it builds below can flush more. Here was TDOC. It took out the previous candles low, $21.5, traded all the way down to $16. Still looks lower with everything else. UAI still like above $23. Facebook, they were coming for the 405 calls. Again, the earnings, excuse me, the options market is really, really sending some big looks to the equity side. Here comes Splunk. Again, take on the way down, use break even as you stop. This is not an earnings low, but a downgrade is low. They reported this December 1st. Just use it as a day trade. Again, still moving lower. TDOC got hit, $1.19 on deck, $1.33 on deck, and blah, blah, blah. Really good week, phenomenal action. Hopefully this week will mirror last week, but the only difference is we really, really want to stay with anything that had their big, big run and gassed out a little bit like an Amazon. Even though I think Amazon goes higher, I think it needs a couple of days to relax. Huge move there. Tesla, I love Nvidia. I really, really like Apple. Should get that one more pushing to the 62, 63 level, but I am very, very conscious and I am prepared to the downside as well. Guys, have a great, great weekend. Have an awesome Thanksgiving. Kiss your level and smile. You only have one life we can't get any do-overs. Guys, God bless. Have a great week, and I will see you soon. Take care.