 Monday's session should be very, very good if we confirm. Again, that's the big number. If we confirm, if we do, there's a lot of really good value back to the upside. And I think instead of really trying to look at 3,000 different stocks, just look for the leaders. Look for the names that had really big earning surprises. 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 to be here, everybody. Welcome to another edition of theaccesotrader.com. Weekend update show. Hope everybody is having a great weekend. Just a quick announcement. My wife is out of town Monday and Tuesday. So unfortunately, I won't be able to record a video Monday and Tuesday night. Again, two kids, two different schedules after the close impossible, like literally impossible. So I apologize for any inconvenience. The video will resume again on Wednesday. So thank you very much for your patience, understanding. So let's talk about the market. Obviously, the big story for the last week or so was this kind of rolling top that we identified about a week ago. And again, the message was we're not going back to the March lows. All it is, just be careful of the names that were overextended potentially get pulled. And that's exactly what happened. They got pulled. And I thought that we had a shot to get to the 385 level on the queues. We got down to about 387. So good, healthy pullback. And that's all it was, kind of a reset for stocks, just to kind of get their feet under them. And most important, have a little bit of digestion. Remember, too far, too fast, is never good for anybody. Once the stocks are in the nosebleed session, only bad things can happen. And if you are a novice investor or a trader that's been literally trading only for the last year or so, that didn't really get the message over the last week or so, your names that were overextended got pulled pretty, pretty hard. And the lesson was, it was just always just to kind of keep always one eye open on the potential effects, right? Potential hazards that could potentially fall under your feet without even recognizing them and not stepping into an opal manhole that kind of falling through. And that's what it was. So the bulls did a great, great job over the last three and a half weeks to get to these upward levels. They came back, reset. And now we are literally to the bulls credit. And it's very, very easy for the bulls to give up. But for the bulls credit, and how kind of a main state of what this rally has been all about ever since we reclaimed the 50 day moving average on October 18th, how bulls are handling levels. And that's the most important part. It's market structure. They've handled levels very, very well. Obviously the remount of the 50, even the handling of the back test, kind of the slow rolling top that got issued off the upper ball in your band. And kind of where we are now. And to the bulls, for the bulls credit, they did a great job on Friday. Not only did they reclaim the 10 day moving average, they reclaimed the five day. And the five day is the most important, at least for me, both long and short, because it'll give you a really good notification of what potentially could happen next. And we reclaimed the five day moving average. And now we're literally one day away. If we could confirm this candle here, just roughly this 395, 50 level, if we could just reclaim this 395, 50 level, there's a really high probability that we finally get our march into the fourth quarter rally all the way back up to this 403 potential. So I think Monday's session should be very, very good if we confirm. Again, that's the big number. If we confirm, if we do, there's a lot of really good value back to the upside. And I think instead of really trying to look at 3,000 different stocks, just look for the leaders. Look for the names that had really big earning surprises, had really big option order flow, and had really, really big moves that never came in with this rolling congestion back test. And look at some of the names. You had TTD, had great numbers, never really came in. Only had a couple of days in, reclaimed the five-day moving average and traded all-time highs on Fridays as part of the pivots we had. A name like RBLX, the same thing, right? It only came in, digested its earnings, and now the stock is one day away from reclaiming its earnings highs. Last week, if you guys remember, they were coming in for the end of the month 125 and some 135 calls. So RBLX confirms this upper channel here. They could have a really, really big run. A name like Airbnb also had really big numbers, right? Never came in, even through this back test that we had in the last five days. And so it kept on putting in higher lows and just kind of straddling this five-day moving average. Also one day away, same as RBLX, also one day away from attacking its earnings highs. So that looks great as well. Look at DXCM, never went down, right? It had this big, big move, consolidated as well, ready to go higher. Look at a name like Falcom, never came in, right? Same thing as RBLX, same thing as Airbnb, had a big market run on its earnings, putting in higher lows, straddling this five-day moving average. And now all it needs to do is just take out this little mini pendant here and we're going back to all-time highs. So there's a lot of really good value. I think it would take you five minutes to go through the NASDAQ 100 charts going into Monday's session. If we confirm, you don't have to be too creative. There's a lot of really good names that are really coming out of aggressive channels, but not all as well. You still had Tesla continuing to sell, lost the five-day, we have some really aggressive pivots this week on the downside, lost its 10-day moving average. And now it's trying to get back over the 20, but we're not sure exactly how much stock Elon Musk has to sell. This is obviously the axe in this sell-off. Do I believe after he gets cleaned up, does the stock kind of turn around, go back higher? Absolutely, I really do. But for now, nobody really knows how many shares he has left. So far, I don't know what the number was that he sold. I think it's a very fluid situation. Nobody will really know until he's done and actually probably, right? Gunther, my head will probably tweet out and say, hey, by the way, I'm done selling my stock. So I think there'll probably be a little bit more pressure on Tesla going into this week. But I don't think it's something that is going to last that much longer, just because once they clean them up, I think the stock, just based on sheer euphoria and sheer on people buying aggressive dips in the name, will probably start turning around at some point in the future. But for the next couple of days, I still believe the value to the name is still to the downside on some names. And a name like, a name's like a Zillow, right? Zillow, I really like once it starts taking out, really once it starts taking out the earnings low, I believe once it does, you're gonna have a couple of weeks of really slow drip death in the stock. And that's exactly what happened with Fugu on Friday, despite the market, the rest of the market really getting their feedback on solid ground. You can see what happened once it started losing, two days ago, it started losing its earnings low and now it's just kind of floating down. And I'd probably see the same thing in the future for Zillow as you're starting to see for Fugu. So both of those names, you're probably gonna see more kind of drip, slow drip death. I don't wanna call it death, but sheer weakness. So far, I know some of you guys already started a short position on Fugu and now we are waiting for Zillow to confirm. So I think going into Monday's sessions, a lot of times, again, you have a lot of things you have to consider to play devil's advocate. I think it's a pretty basic trading session for Monday. If we can just confirm this channel right here, we start a channel back to the upside and all-time highs. If we get rejected on this channel, then obviously we're gonna start falling apart, possibly going back to Thursday's low. So again, pretty important day, but if everything plays out the way it should, just a sheer aggression, which we saw on Friday and a lot of names, again, gunked in my head, I think we do go higher. So let's talk about Friday's session. I was preparing for the downside. I was definitely waiting for that second wave down that never came, but the cool part about trading, and if you've been doing this for a long time, you have an opinion, your opinion could be wrong. My opinion was five days ago, I saw a rolling top and we played out that way and the value was to the downside. I thought we were gonna have one more day of selling which kind of never came, but that's cool. Again, you're allowed to be wrong. I'm wrong every single day. Your opinion could be wrong every single day as long as you're not stubborn enough to kind of force the issue in that direction without having proper confirmation. Once the market shifts and stocks start reclaiming levels and the ETFs start reclaiming levels, you just gotta jump ship. You gotta jump ship with your opinion. It's not about being right. It's about being proper reading the market and that's the most important part. And again, I started the day. I was looking a lot of shorts. Again, I was looking at Zillow. I was looking at ISRG. Fubo is one of the very few that triggered 2485. It builds below, closed pretty much at the lows at the near the 24 dollar level. I think the stock goes lower. QS I kind of like, I'm very, very surprised. QS didn't participate in Friday's rally. I still like it. I think the stock looks really, really good. Guys, keep an eye on this thing for this week. This thing starts building the $40 area. I still think goes higher. There's a lot of deep out-of-the-money call bets, short-term expiration for the next couple of weeks. So this thing looks good. Definitely keep an eye on QS. Hey, maybe just rest it. Okay, a lot of times, maybe stocks just rested. SPLK, I was watching through the downside. Obviously never confirmed as well. ONDS, I was watching through the upside, never confirmed. Keep an eye on ONDS, guys. Maybe this thing, again, also rested. Watch this ONDS. They did have 12 and a half dollar calls going into the end of the month expiration. Watch this $11 break on ONDS for this week. And Elucid, again, I'm watching as well. Nice-looking chart, didn't confirm, which is very, very odd considering how strong the tape was. SEH also didn't confirm through the upside. Adobe didn't confirm through the downside. There was a lot of names that just didn't confirm. So we had to wait and wait and wait and wait. And slowly, but surely, again, AGC is another name. Guys, watch this AGC, another name that just didn't confirm. Watch this AGC. If this thing starts building again over the $17 area, it should go. We saw a really aggressive, deep out-of-the-money, 20, 27 and a half dollar calls with short-term expiration. I don't think the story is written on this just yet, just because of the aggressive out-of-the-money call buyers. So here's where the day really got aggressive. And again, here's more evidence of there's a lot of selling pressure still in Tesla, just because, again, nobody's really unsure, excuse me, nobody's really sure of how much stock Elon has to sell. But here's the notes here. Second entry, 1054, if it builds below, can flush for the initial move to 1044. We always look at initial moves first. And once it stops at the initial area and can hold on, then we start looking at downward pressure, Tesla got absolutely destroyed. Congratulations to all you guys who caught Tesla. So here is the 1054, it took out this whole channel here, traded all the way down to 1041. That was the initial move, a $13 candle, rallied a little bit. And once it lost, that 1041 got massacred and went all the way down to 1019. If you look at levels for Tesla, you have this 1013 support. And then if it starts losing the 1013, considering if he's selling more stock, then you see the 987 lows from the week. And this thing loses 987 and you got another pretty aggressive tidal wave ahead. But it's all predicated at how much stock he sold and how much stock he plans to sell. So a really, really big move on Tesla, AMD started seeing things to the upside. AMD 14730 rejected twice, needs to build. Not a big move, like a $1.50 move. But the point is, you could see here's the 14730 and went all the way up to 48 and a half. But the point is, if the market starts putting up upward bias pressure, you have a potential move to the 142 initial measured potential. And here is kind of what we talked about on Tesla. So you had 1044 and then you had 1033, it broke down and 1014. And then obviously a buyer came in with pretty big size and keep this in mind. For next week, he came in with nearly a million dollars worth of premium for this week's 1,000 puts. Again, people are really betting that it's gonna start getting stretched out as Elon continues to make sales. In the video, not a big move here. It was like a $1.50 trade. It stopped perfectly at the bottom. 9770 is big support, if it builds below, can flush. Traded down to like 90, like 96, nothing big there. TTD, again, really big mover, had great earnings, reclaimed earnings highs, 9820 needs to build. Here is TTD. I still like this thing going into Monday. Took out the 9820, went to almost 101. I still like it for upside buys, assuming the market continues its move. So that was good. Again, here's a note, some FUBU should drift for the next week or so. And that's exactly what happened, what's happening. Here goes TTD 100 test, went to 101. AMD new highs, Zillow. I really, really like the Zillow short. It's gonna be a swing. It's not a day trade. But once this thing starts closing and starts building under this 63 level, you're gonna see a multiple week, it should see a multiple week decline there as well. So that's it. So we are set up for this week. Again, the big number on the Qs is this candle here, which is 95.36. Once it gets above this 95.36 area, you should start seeing some aggressive buys back to the upside. Oh, one little stock you guys should really watch for this week is this little stock RGS. I don't know what this was, but look at this volume bar here. Really, really big volume bar. It broke out, put in its highest close into the supply. They were coming for December, $7.5 calls, repeat buyers. Now again, I'm not the sharpest tool in the shed, but the stock is at 350. They're betting for a point or move a 7.5. Hey, if this thing starts reclaiming this whole channel here, maybe you can get a year in surprise. Guys, have a great remainder of your weekend. God bless. Again, there's no broadcast on Monday. There's no video, excuse me. There's no video on Monday or Tuesday. My wife's out of town. I'm playing Daddy Duty. It will resume on Wednesday. Guys, God bless and have a great weekend.