 You don't have to get too creative there. They're right there. I mean, look at this, look, look at AMD how it closed, right? Look at AMD how it closed right on supply and we just... 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 evening everybody. Welcome to another edition of the Access a Trader dot com nightly wrap-up show. Hope everybody is doing well. Usually Thursday nights is my day off and you guys remember on Tuesday I didn't do a video. My son had some basketball training so I figured let me make up for it for tonight. So the question going into tonight's, well today's day, if you guys remember last night's video was, well now that we had this big seven eight day run, okay, is it finally time for a pregnant pause? And I thought today's session, going into today's session, was going to be very, very important because it was going to give us kind of a more clues of what was going to happen next. So was this a seven eight point move into a seven eight day rally into supply and yesterday they failed and this is very, very important. Yesterday they failed the first time in this whole move to take out the previous days high. So I said to myself, well, in kind of the video as well, I said, well, let me, let me see how, you know, let me see how the market plays out. I was looking for some value to the downside. And ironically we got some value to the downside a little bit earlier in the day. And the only question was for the rest of the day was, well, can the market hold above this five and 50 day cross? Because if they didn't, if we close below the 350 level on the cues, then we would have had a completely different conversation going into today. And I tell you, you know, we went three months that I was so biased. When we lost the 200 day moving average, the market just couldn't get out of its own way. Okay, no matter what happened every single day, stocks were being absolutely sold. And now, ever since we kind of had this Putin, I'm not ready to make any type of deal PR and the Fed, let's raise, you know, let's finally raise rates ever since this thing happened and the market started negating any type of bad news, we can't get a down tick in the market. And that's the most amazing part of what your trading journey will show you. Then, you know, there's times the market can't catch a bid and then there's mark, there's times the market could walk on water and do whatever it wants. And today was, you know, when you saw the aggressive nature today, especially in the semiconductors, right, semiconductors, they lost their freaking skulls today. Okay, and matter of fact, it got so aggressive at one point with the semiconductor group. And obviously, they're the predominant members in the NASDAQ 100. When you saw the strength today in the semiconductors, it doesn't make a difference which one you were watching or which one you were trading. But something I saw today in the video that I don't think I've ever seen. Okay, and let me explain what it was. If you guys remember, last Friday, we had a phenomenal pivot off this 250 area, right, 250 area, and it went to that 270, 271 area. It was a great two day move, but it didn't feel like something special. It didn't feel like something on one of those scenarios that you turn around and go, wow, I can't believe it's happening. Usually, when you have these parabolic moves and it looks like it's almost like cartoonish like with no down ticks, it's usually reserved for a stock like Tesla that we saw a couple of days ago, right, off that 950 breakout, or an Amazon move that just goes parabolic for three, four days, putting up hundreds of points in between. But it's very rare that you see that on something on NVIDIA. And I'd be honest with you, today was probably the first time that I could remember NVIDIA going parabolic without a down tick, going into its measured potential. And the one thing that I started watching on NVIDIA, the stock was up like 14, 15 points. When everything was weak this morning, and we'll get to individual pivots in a second, when we saw very, very big weakness, well, excuse me, I don't want to say big, when we saw weakness this morning in Amazon, Tesla gave up its gains square, even square, we talked about square, which ironically I took a loss in the square today before it collapsed three points. Anyway, it happens, right? But the one thing that we saw, NVIDIA started putting in a pretty big candle, and let me just show you this. So it started putting in this pretty big candle over this little channel here, and it put up a $17 candle. And this is what we always talk about, watch the option flow, right, watch the option flow, watch the option flow, and it confirms the daily chart, and the option flow hits deep, out of the money, short-term expiration, usually good things are going to happen. It just kept on going, and going, and going. There literally wasn't a down tick till about 3.30 in the afternoon on NVIDIA. They were coming for, when the stock was breaking out literally, when the stock was breaking out at what, 2.72, right? They were coming for the 2.80s, the 2.85s, the 2.90 weeklies, the 300 weeklies, the 300 April first expiration. Some of the most, it almost was like padded buying, like this is literally the last day to buy in the NVIDIA. And I think it really sparked everything else. You see AMD going absolutely nuts and lamb research, right? I mean, these are some big moves. Again, it doesn't make a difference what semiconductor was. They all kind of look the same, but I tell you, you know, the longer and longer I trade, you say, well, I've seen everything, you've seen everything, nothing really shocks me. It's pretty shocking. It really is pretty shocking. We went from camp buy bid to the most euphoric action that's going on. And oh, by the way, we are still underneath the 200-day moving average. So what's going to happen to this damn market when we finally get above the 200-day moving average? So any day that you feel cautious and you feel like something has gone too much, too fast, and you say to yourself, wow, this is going to be the day I'm prepared for it, right? I'm prepared for the downside. This is going to be the day the market wakes up again, right? Again, again, again, and it puts in some incredible levels. So again, three months, we couldn't go up. And now eight days, we can't go down just an absolute phenomenal market. And now when you do your research for tomorrow's session, again, look, anything's possible. Like I say in every video, nobody's trying to forecast what's happening. We can just literally prepare for it, right? Prepare for it based on research. But if you do tonight's research, right, and you go through the NASDAQ 100, you know, the NASDAQ 100 symbols, man, you don't have to get too creative there. They're right there. I mean, look at this, look, look at AMD how it closed, right? Look at AMD how it closed right on supply. If AMD gets confirmed, you know, there's 124, 125 in its cards. Look in the video. I mean, like an insane massive move. Again, they were coming for the 280s, 285, 290s, 300 weeklies. I mean, if this thing confirms this thing could see 291. Look at Google, right? Approaching last week's highs, right? Closing above this whole channel here. If Google confirms, look how much room it has up as well. I mean, there's a lot of room here. Tesla today in a weird way when I say it was having a res day up 14 points. But look at how sideways the stock has gone, right? Sideways has gone for the last, probably for the last 10 to 12 candles, going back to yesterday, going to today. If this thing starts waking up and we all know what happens on option expiration Fridays when they start betting short-term expiration, because you guys remember two days ago, they were coming for the 1100s, the 1150s on Tesla. Tesla starts breaking above today's channel, you know, it could definitely, possibility test the previous day's highs. And if that happens, who knows? Look at the daily chart. This thing could stretch to the 1100 area. So it's very, very important to really understand one thing. When you're doing your research for the next for the next day, you're always saying to yourself, I'm going to trust phase value, right? Trace value, phase value based on research, I'm going to trust. But the most important part is obviously you can't be naive that the market can't turn around and go the other way. So this is the time when you turn around and say, look, my research was wrong, right? But guess what? I'm okay with being wrong theoretically. As long as I'm not pigheaded enough to kind of anticipate the trades, put on a trade that that's not there, that it's going to cost me financial. Again, it's okay to be wrong theoretically, right? I'm wrong every single day, but price action is what you adapt to. It's price action is the ultimate judge, jury and executioner. And if you're wrong on your theory, right? There's always the other side of the market that you can take advantage of. And that's the most important part. It's so easy to get swept up about being right, instead of being happy, instead of being profitable, that people do everything possible in the nature, try to squeeze water out of a rock. And guess what? The water's not there and the rock is not there. And that's exactly what today's session kind of turned into. And I was prepared for the downside. Tesla was pretty good. Tesla kind of saved my day to the downside. But the most important part is we are prepared for tomorrow's session. We'll see what happens. The market is still incredibly strong. And if we can get value pivots for tomorrow, like look at Microsoft, man, Microsoft looks so damn good. Like look at Microsoft. Mr. Softy is ready to rock. Yesterday they were coming for the 30750 weeklies. If Microsoft could confirm this whole channel tomorrow, why can't this thing go to 310? So there's definitely a lot of juice available tomorrow. Now let's see if the market can squeeze, right? I think I did that on purpose, pun intended, but not intended at the same time. See, that's how I roll. All right, guys. So let's talk about today's action. Again, here's my comments, right? The same thing that we talked about last night on the video. Very interesting to see if this market was just resting yesterday or needs a well-deserved back test, we should get more clarity in the first candle. That's exactly what happened here. So if you guys remember, we were talking about squares. So I short square, I short, short square, it starts moving down, right? It starts moving down. And you know, it only goes down a little bit. And then it squeezes me, it squeezes me literally, literally top ticks me at the top of the channel, lost a couple bucks, not the end of the world. And then it turns around and goes down four or five points. I thought I was seeing things. So not my finest moment, but it is what it is. Sometimes again, the last thing I needed to do is for this thing to reclaim the top of the level and squeeze, but boy, oh boy, I really had a good look on square. I just didn't work out my way. Airbnb got down to 62, never confirmed it. Nvidia, again, obviously never got the 255. We'll talk about the pivot to the upside, never confirmed. Micron, never confirmed. ISRG, never confirmed. This is actually what saved my day, at least early on this 999 downside, if it builds below can flush. 999 went down to 97. The second entry, you know, went down about 78 points, you know, really obviously helped out for the morning session, which was very, very odd. The most important part is, again, you kind of prepared from both sides, and then you started seeing Nvidia save the market. And that was the most important part. So here is where it got violent, right? This is before they were coming for the 280s, 285s, 290s. Nvidia just started just randomly, when the stock was like 263, they just started coming one after another, after another, weekly 275. So like, guys, needs a new base over 27240. And I'm telling you, that just wasn't a down tick. It just that there was not a down tick on the video, just went absolutely bananas. Just absolutely bananas. It took out this whole range here of 7240 and traded right to supply. We talked about to this 283 level, just a monster, absolute monster move on the video, a phenomenal move, just absolutely phenomenal move. First stop 275.60s. Here comes the 283, 284 next stop. That's exactly what stopped right in between. Just phenomenal, absolutely phenomenal move. There was an upside pivot a little bit late in the day, this 1012, 1013 level, not a big move, went to like 1017, 1018. But the most important part is I like the way Tesla is kind of sitting in this bottom range here, right? If it could just give a little bit of a sell-off tomorrow, trap some fresh shorts at the bottom of the range, maybe we could finally get that big secondary move to end the week. So that's it, guys. You don't have to be, again, like I said, very creative into tomorrow's sessions. Go through your research, look at the semiconductor names. Microsoft looks really, really good as well. There's a lot of really good setups. The only question is, do we get that confirmation? Guys, have a great night. God bless. Have a great remainder of your week. Happy Friday, and I will see you guys on the weekend video.