 Listen, can this thing get to 140 into the next year first quarter? Absolutely. But again, I do believe any dip tomorrow 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 and own your future Hey guys giving everybody welcome to another edition of the access a trader dot com nightly wrap up show I hope everybody is doing okay for all you guys who are living in the northeast, especially In the tri-state area for tomorrow. They're saying like five 15,000 square foot of A lot of a lot of snow a lot of snow there's that determine anywhere between a foot and two feet of snow So please Stay Safe most important now that I got my stupid generator up and running. Is it weird that I'm actually hoping for a power outage Got to test this baby out, right? Anyway guys, hope everybody's doing well. Hope everybody had a good trading session kind of a hot day in a weird way If you look at the school board, you got 300 points on the dow 150 points on the composite Everything looked really really good. The problem was all the really good aggressive action Came in the morning and nothing really happened in a weird way for the exception of like apple and amd Nothing really happened. Like it was such a weird day and majority of the day if you look at The school board today, you had a lot of names that were resting The problem is they really haven't participated in a very very long time again It's the weirdest thing and I said in this lifetime. Is this stock ever going to go up again? Facebook again is looking Really fugly, right? But at least it has a little bit of pulse, but again still doing absolutely Doing absolutely nothing beyond had a couple of good pr's and it's gone sideways for a long time Boeing had a big run and again you can make an argument and say look it's just consolidating It's going higher Ali Baba. I'm telling you right now. We'll never have another update again Please I'm being sarcastic But again, you kind of get the point is it possible to get a day two rally on anything, right? Amazon looked great was ready to go was ready to go was ready to go Rejected at the top of the channel Netflix and again. I like Netflix. I think Netflix is actually resting today I had a really big run. I think this channel again gets tested tomorrow If not tomorrow the next day and it should run again But again, the point is why can't these things just have a second day run Tesla again, right? Tesla had a monster move yesterday. It relaxed today It held the rising five-day moving average again We're a couple of days away from index funds needing to buy this thing. So I do expect A rally in this thing at some point in the next 24 or 48 hours right before The inclusion to confirm this little channel here and at some point test The 12 9 highs so we're kind of set up and the market's kind of Continuing doing its song and dance over and over and over again You get one hit wonders and they don't do anything for the next three four days But again, there's still good action and it would continue to see good action from other areas Today was just one of these days that I caught some apple Caught some apple pretty well That opening print and again apple was definitely the strongest one Then the amd was very very strong and then you had a whole bunch of stallouts like zoom had every opportunity To really explode today like absolutely explode. They were grinding it up And again before you look at this like this is the whole channel on zoom And I was watching this channel zoom I go out if this thing starts getting above this whole channel This thing's gonna go it's gonna go it's gonna go and it finally started moving and I go, okay There's another channel here if it confirmed it's gonna go it's gonna go it's gonna go it went straight the hell so again Something's very very odd with these things, but I do have an idea That I do believe that 2021 is and again, we don't know what's going to happen in 2021 and I keep on talking about that But I have to assume there will be a viable aggressive rotation In a lot of these names that have not participated again, amazon has got a good year But it's kind of done nothing for the last four or five months. Nevada had a really good year Has done nothing. So I I do believe technology will wake up at some point of 2021 I do believe they will have their day in the sun for a very long period of time the facebook's of the world You know the beyonds are going to wake up again the video dare to say it in this lifetime or the next But that should wake up as well, but until then like I say, let's take it day by day scoreboard really didn't Really didn't paint a picture of what the things What we were looking at say again, there was a lot of dead money for a majority of the day The market kind of really sprung up towards the end of the afternoon But I had a lot of stalls and stops today Zoom I was in zoom twice actually. Okay first one. It's stalled out. I lost the dollar Then it's started moving up again, right? It's stalled out. I broke even made a couple coffee on it so it was one of those weird scenarios that Things look like they're about to go and then they kind of stalled out a lot of you know participation or a lot of misparticipants Non-participation and the moral of the story is again like I talked about yesterday and the day before and the day before and the day before that Every day is different. We know there's themes. We know there's Areas of interest in the market both small mid cap and mega cap stocks every single day Some days are going to fall right into your sweet spot and certain days are going to sit there and just like Well, what the hell just happened here? How come nothing is confirming and again tomorrow? We can have 10 pivots tomorrow We could have two pivots the day you know the most important part guys Just stay under control wait for these channels to set up And I do believe even if they don't go tomorrow a name like a netflix will have another run I do I mean look you can see this clear channel here, right? We're just waiting for this channel to confirm You know even amazon as much as it was you know, it's a it's a pain in the ass in the last Especially in the last several months, but you could see this clear channel. This is a bad wick You can see this clear channel here if it starts waking up and again those buyers Were pretty obvious to you again with the 30 3200 weekly is again 3200 weekly is wake the hell up already 3300 weekly is wake the hell up in here You know on and on and on so it's very important to wait the one stock that did wake up today Finally got above its channel right really really got above his channel again You could see kind of the option order flow. Let me just show you This was apple. I mean look at it. Look how they were coming today For apples it broke above the 126 level and you could see these calls you 132 for next week 130 is the 131 weeklies 129 weeklies 121 weeklies 131 weekly So they're coming for apple and it's very very aggressive That they're coming for apple. So again technology is alive But the point is you really have to pick your spots. Okay, you have to pick your spots over and over and over again because again if you try to anticipate a trade playing out What you're going to do is you're going to go into the trade very very early and the next thing, you know, you are Completely dead in the water. So don't anticipate wait for these things to happen So you'll see I know a lot of dead money here today Netflix I was waiting for this channel and never happened zs. I was waiting for this channel never happened I was waiting for this channel here never happened ddo d put up a d do g put up a pretty decent move For all you guys who did take it. I missed it. I don't know what the hell I was doing But I did miss it ddo g it broke above this 104 channel traded right to the supply here at about 106 Any bill now over 106 on ddo g look how much room you have You have a whole big channel to fill but the point is it didn't get there yet Let's watch it for the macro point of view. So again, like I said very very odd day NET I was watching for a back test and never came Then I was watching for a channel to be broken and never came again You can see a lot of weird names here amazon. I was watching for this 90s area never got there rkt I was watching for this 2280 23 level never got there. You see the point right a lot of names despite The market's surging today and you could eat it and that's the kind of the case It's looked so good and nothing confirmed today. I mean very very little things net tesla I was looking for this channel here never got even close But again, I still believe that tesla does make another run in the next 24 48 hours Apple, you know, apple was good. Apple was good 126 huge area needs to break and apple broke and again big big Option flow for this whole week. It took out this whole channel here. Listen. Can this thing get to 140? Into the you know into next year first quarter. Absolutely, but again, I do believe any dip tomorrow Stock closed almost the 28 any dip tomorrow into rising support should be bought any red degree move Should be bought and especially if it confirms today's move of 28 Should go higher as well. So I know a lot of you guys are still swinging that And the big again amd got upgraded last night by golden sacks a lot of the semiconductors name Did as well as long with along with intel along with mu and it woke up today So 9650 needs to build they were coming in for the 98 calls. They were also Coming in for the 100 calls weeklies as well And I here was amd right here was amd Took out the 9650 and traded all the way up to 98 again. Still looks good But again, now you have to kind of wait for some channels To get some healthy dips. So apple was good. Good job for you guys who caught mRNA 147 held twice if it builds below can flush Again, look before we talk about mRNA. Look what they did at the Pfizer, right? Everybody knew The the the vaccines coming it was already built in and you know, Pfizer hasn't seen the light of day ever since they started confirming that the vaccines were imminent, right? So look at mRNA Here is the 147 that we talked about right 147 we talked about went all the way down To 142 you can see it 142. Here's the whole 47 channel went all the way down to 42 Good job for all you guys who caught that as well. I think that was it. Yeah zoom. Yeah, here's here zoom, right? You know, so I got long 409 it's stalled I got long 410 it's stalled blah blah blah blah yada yada yada next thing You know the stock goes down like $15 but again That's why you you watch order flow when these things do stall out at channels just get out of them You could always buy them back So again, like I said here, you know sit tight guys the channels and contracting is absolutely no value And that's exactly what it was. Um, that's exactly what it was most of the day And here was like buyers are giving it up 47 cracked and yada yada yada take on the way down mRNA destroyed So that was kind of you know, that was kind of um the extent of the day, you know, you had some You know selective movers like the amd's of the world like the apples of the world But you had a lot of dead money and that's the most important part So again, maybe these things wake up as as a tribe tomorrow Maybe they don't but again There's two weeks left in the year who the hell wants to recreate the wheel Enjoy your holidays if you get value you trade your value If not again the next day is always available to us guys. Have a great night everybody God bless. Let's see what you get tomorrow and hopefully we can all see each other again. Take care guys. Have a good night