 The interest is going into beta all these technology stocks. You got Apple today went absolutely nuts 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 getting everybody welcome to another edition of the access a trader calm nightly update show Hope everybody is doing well Somebody asked me today are you concerned between The disconnect between the Dow Jones industrial average and the Russell right the IWM to what's going on Within that is a composite with the cues and I turned around and I said what's going on and that's the point I think this market has been so specifically Disconnected years and years and years ago. What used to be good or bad for one index was probably mirrored and being pulled down by Something else in the last 10 years everything has changed the dynamics have changed and individual stocks Versus overall indexes have kind of been like You know the days of the past I don't think there's a lot of emphasis anymore on what the Russell does versus Apple what the Russell does Versus NVIDIA or so forth and so on so when they asked me that when the person asked me this question Aren't you afraid that there are so many stocks that are not doing anything versus a few? I said well, what's well? What do you mean everything versus a few? And when you look at a lot of the market and you start looking at you know a lot of the financial stocks You know pretty much calm down and started going lower. You got Goldman Sachs You got Citibank right got Citibank Bank of America so forth and so on you have a lot of components of the IWM Which is basically the smaller Capitalized companies they haven't been doing anything for about Two weeks since they got rejected, but the problem is and especially when you look at From from the individual point of process and reference My strong suit is technology. Okay, my whole world starts and ends with the Nasdaq 100 And normally I would turn around and go well. Yeah, you know financials are not participating You got consumer cyclicals are not participating. Maybe I mean I don't know you know what the airlines are doing Yeah, airlines are not participating on the suing cruise ships and not participating, right? Yeah, it looks crazy How could you know? How could the market go up with only X amount of stocks taking it up? Here's that's here's the difference, right? Usually that would be a hundred percent correct Usually if there was only like if it was like say for example RBLX and Lucid, I'm just using two recent runners If it was just RBLX and Lucid, you know making these really big runs every single day and Everything else was kind of weak. I would say hey guys, you know, you got to be very very careful You got to look at the mass versus kind of the sum of the parts which only accompany in this juncture It's a little bit different the sum of the parts are Apple right or Apple or Amazon or Google, right or Google You know what else what else NVIDIA? Right, NVIDIA AMD Qualcomm, right? Qualcomm you got what else we got going on here. We got Google, right? We got Shopify making a big move. So the point is Usually when you look at the rest of the market, you're like wow, you're absolutely right Now you're talking about the stocks that are making moves and carrying, you know Carrying the weight of the indexes. These are the darlings of Wall Street. These are the cold stocks These are the names that fund managers want to own especially towards the end of the year with their window dressing because again When you have your end of the year review with your clients and you're beginning outlook of 2022 they want to know well, why are you long? Why are we long peloton instead of Amazon? Why are we long Roku instead of Apple? Why are we long beyond with these shitty tasting burgers, right? Instead of for example, NVIDIA and that's the point. The market is Wrapping up towards the end of the year. We got about a week before Thanksgiving About a week a month and change before Christmas and about a month and a half till New Year's People are scrambling not everybody is technology sensitive people are scrambling to get these stocks on their books So they don't have to have their conversation with you know with John That's an accredited investor to put a million dollars into your fund and he wants to know why am I bleeding a peloton? While Amazon's putting up $200 candles every single day and this is the important part These are the darlings. These are the these are the favorites of Wall Street. They want to be marking them up So no matter what's happening with the rest of Wall Street Wall Street doesn't care. We want to be in right? This is what Wall Street saying without actually saying it We want to be in the names that are going to mark up the quarter are going to look good at our books And we're gonna we don't need to convince our customers because they use Amazon they use Apple they use Facebook they use You know anything under the Sun that that is moving and shaking right now that we could have an easier transition to 2022 if you have the beyonds on your books and the peloton's and the Roku's you're having a different conversation So a lot of names are kind of being dropped Dropped to the sidelines a lot of speculation money names again that are represented in the IWM Are going to kind of getting pushed aside as well and all of the fortunes all the money flow all of The interest is going into beta all these technology stocks. You got Apple today When absolutely not so we'll get to the pittance of a second When absolutely not all of a sudden they're coming out with with their own car or at least the notion of coming out their own car That's obviously a big dent to the whole EV market Apple has figured it out right Apple has figured it out in every single walk of life Eventually when they come out with this car whether it's two two two thousand twenty five two thousand eighty five they're gonna put a lot of you know they could put a lot of a Lot of pressure on all these even EV makers including a Tesla itself again We'll get the Tesla in a second money flow, right? They're going into Amazon guys This is this is the order flow from Amazon today again. I've always maintained that When you're looking at option flow even if you're not an option straight I'm not an option straight. I treat equity right even if you're if you're not an options trader You have to have an option scanner to show you where the institutional money flow is they you know keep this in mind The stock broke out today 3600 right we talked about this whole channel for a couple of days finally broke out a Majestic move absolutely majestic move they were coming guys look at the order flow that they were coming for Amazon Just to give you an idea how institutional money flow wants to mark things up to end of the year this guy bet $200,000 that Amazon a month from now right a month from now basically three full weeks of trading is going to be at 4,000 okay the stock when he made that bet was at 36 35 this guy for next week's for next week's For next week's expiration bets a hundred that the stock is going to be was it was going to be a hundred points Higher than what he did enter the trade this guy was putting in a million two on the December 3700 high calls This is what the stock was at 3650 look at this bet right here folks Look at this bet right over here. This guy bet the December 4,000 calls nearly a half a million dollars But this is the bet that stood out for me and I knew this thing was going to absolutely take off Once they started betting okay this guy came in When the stock was at 3677 near the high of the day this guy came in and bet 625,000 that the stock is going to the stock expiration for tomorrow He bet 600 grand that the stock at this junction was gonna be about a hundred points higher tomorrow than it is today And this guy came in for 2.3 million so the option order flow is going to dictate as much as you want to you know Compare anything to anything this is where the institutional money flow and when it comes and confirms a daily chart Like for example today Amazon broke above the 3600 level good things gonna happen again Look at the bets on Apple today right Apple started moving today You started seeing these really aggressive bets coming in you started seeing the January 175s right 175s They were coming in in the money December 170s next week's 160s this week's This week's expiration 160s tomorrow's 160s So the option market is continuing to fuel the equity market and it doesn't make the difference of what everything else is doing The darlings the cold stocks the ones that everybody wants to have on their books going into the end of the year They're the ones waking up. That's where the money flow is and going into tomorrow. You might the funny thing is I actually have maybe Three or four ideas that I like to alongside But they're this right there this their Amazon You know look at look at Tesla money flow look at the Tesla money flow guys, right? Look at the Tesla money flow going into going into tomorrow You had you had the 1200 calls this guy bet four million dollars in a month and a half from now The stock is gonna be a 1200 that these guys are not uncertain. Nobody's just making a bet Taking a shot, you know to the moon. Let's see if the stock can get that this is serious money being put to work here Right 1200 for the January's they came in for the 1110s 1110s expiration tomorrow this dude came in with three weeks of expiration this dude just bet 700,000 that the stock in the next three weeks will be a hundred and seventy points higher That's where the money flow is that's what I'm watching for tomorrow. Look at the 60-minute view, right? Look at the 60-minute view on Tesla. Look at the top of the range here It's clear as day once this thing clears out this this whole top of the range here Look how much room you have again We talk about all the time stocks trade from supply to supply demand to demand well Here's supply if this supply gets gets confirmed, right? Look how much room you have up to the next supply zone So we are definitely set for tomorrow Amazon any dip tomorrow will get completely gobbled up on rising 60 minutes support Apple any dip tomorrow on the rising 60 minutes support will get will get eaten up as well even though NVIDIA Didn't have this banner day after the open It's still a really good strong candidate tomorrow for a sneaky 60-minute channel back to the upside having said that I like a lot of shorts as well. Okay, just be in case the market Disconnects again guys Zillow has turned into be a phenomenal trait, right? Oops. Let me just get this out of the way Zillow has been turning into an absolute phenomenal move It broke down which have been talking about this non-stop. It broke down below 63 The stock is at 57. Look at these setups going into tomorrow. You got beyond right? You got beyond if this thing starts taking out earnings low It's gonna do exactly the same thing Zillow did so start drifting for a couple of weeks Look at Splunk. We started talking about Splunk a couple of days ago Look at Splunk is very very close to confirming its earnings low as well So we have a lot of value tomorrow some up to the upside some to the downside But the most important part is we have things that are tangible that have a catalyst behind them Whether it's option order flow or in this case of a Splunk or a beyond or even a Zillow that's continuously Active is still still drifting lower and earnings catalyst that that disappointed the street. So we are set up We're not looking to trade anything random. I don't care about these other BS names that the hot stocks of the day This is where the hot money flow is and if these stocks confirm you should have much more Much more bias in that side of direction. So let's talk about today's pivots again, just really Well, you'll see Boeing we were watching got upgraded that 234 level was really really big Unfortunately, Boeing got nowhere near the 234 a matte. We were watching they said well, you know Maybe this thing runs ahead of its earnings tonight. It never took out the 159 the stock is 10 down 10 after the close Maybe it's a little maybe puts a little Maybe puts a little bit pressure on Semi conduct this tomorrow. We'll see Apple broke out yesterday Above the 53 20 today it needs to confirm the 155 it went almost to 159 I still like it for tomorrow any dips MX CT still valid never got there Amat 16159 linear aggression never confirmed again stock is down 10 and here we go, right? Here we go So Amazon 35 96 3600 needs to build right now It's trading 3702 100 points higher after the close amazing It's an absolute rock star move on the video. There was actually two things here first There was a remount that we did off this rising support into the 316 level It actually took out every very valid point it took out the 320 it took out the 323 trade the 327 But really really aggressive move down and finished around 317 I still think I want to give it the benefit of the doubt tomorrow I still think there might be one more run But again, well, I'm not really crazy about how they closed it But in all terms as this is still the highest close in this whole formation Abbey 118 needs to build only trade to like 1830 before it's sold off Rkl being never got to the 1680 17 level Again second entries on everything obviously if you trade pivots you kind of know what that is You know Zilla again Zilla continues to go down guys get down to 25% of your position at 58 went down to 57 Still it's still bleeding keep your runners on You know Zilla 57 Splunk I still love it. We'll see what happens there Amazon they're coming in for the 3700s start taking some off 3638. That was the first supply and then it just absolutely When that's the 3700 Rblx not a big move but our Rblx for experienced traders 124 for bills Can you know give some cash for for later here was Rblx not a big move But it was a nice little move here as well. So here was Rblx Here's the 24 went down to like 2080 again if you caught it. I didn't I didn't do this thing. You know a nice move there Let's see here beyond I still like take on the way down Apple is absolutely nuts Amat again, we're watching Amat obviously it never broke the 59 level. So again, we're set up For tomorrow some long some shorts, but obviously the names we're focusing on are the names that the fund managers and obviously what you saw With the institutional money flow, they're focusing on as well guys have a great day Have a great trading day and I will see you over the weekend. Take care guys. Have a great night