 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 evening, everybody. Welcome to another edition of the AccessToTrader.com nightly wrap up show. Hope everybody is doing well. Hope everybody had a good day of trading market. Again, does this thing, right? Continues do its thing. First and foremost, before we get started, let me be the first person to wish you guys an early, happy, and healthy Thanksgiving. I know slowly but surely as the week starts to prolong, more people are going to be traveling. We're taking some days off for enjoying yourselves, enjoying the early festivities, so I just want to wish you guys a happy and healthy. For the rest of you, the generates, just like me and everybody else that is listening to the broadcast, welcome aboard, guys. If you are brand new, guys, the only thing we ask is like, right? Like, share, subscribe to the channel, and we will hopefully continue to provide good value. Let me know if you heard this before. Market is strong, right? Market is strong. The analogy that you hear on social media, and again, granted, this could be from random people, the idea that the market sucks is very, very tough to digest. The cues are up nearly 47% for the year. Okay, I guess that statement holds some order depending what you are trading or how you trade. But if you're focused in the NASDAQ 100, it doesn't suck. It doesn't suck. Not even close to sucking. And matter of fact, again, 47% year to date is kind of a big deal. And when you see the leadership, the leadership keeps on going higher, getting aggressive, more speculation monies coming in, further out of the money call buyers are coming in. Really, really aggressive institutional contribution to this tape. You have to really, really like what we are. Again, I always try to remind, especially the new traders, this could go away on a snap of a finger. Just again, all you need to do is go back into history. But for now, let's just enjoy it. Let's just absolutely enjoy it every single day. We come in prepared to make sure we don't get caught off guard, to make sure kind of a blow off rounding scenario doesn't start to form. That's why we're always ready on both sides of the market. But going into especially the Thanksgiving holiday, it's a wonderful, wonderful thing to see. People are just happy, right? People are happy, investors happy, traders are happy. It's a greater feeling. It's a much better, good-hearted feeling when holiday time, everybody's in a good mood versus last year when 2022, people wanted to carve out their own eyeballs instead of the turkey of the dismantling that the market was having. Going into 2023, nobody knew what to expect after a 36% debacle on the queues, and we're getting it. We made back everything from last year, another 10% above it, and now we have what? Another month left of the year, so pretty damn cool. Absolutely cool. If you watched last night's video or the weekend video, I gave you guys a couple of levels on the queues. We were watching for potential back test below this 383. Again, all you have to do is just go look at a weekend video from yesterday on 383 to the downside. We talked about 387.75 to the upside. As you can see, the queues confirmed 387.75, confirmed last week's highs, and we basically closed within 50 cents of euphoria. Euphoria, and if you look at the weekly view, we look at the weekly view. The market took out the July 2023 highs. This is now the highest close in this whole formation since July. If you look at the monthly chart, we're not that far off from all-time highs. Again, all-time highs are 408.71 on the queues. Can they muster enough juice to get there? We'll see. Right now, the same formula keeps on working. Strong stocks, if they dip in the morning, continue to buy them into rising 60-minute support. That's what we did today with Amazon and wait for tight channels to break. That's what we did today with NVIDIA. We'll talk about NVIDIA in a second. Overall, pretty cool. Pretty cool. Hopefully, all you guys who are watching this broadcast continue to get great value from our broadcast. If you want to learn pivots, I know there's a lot of people supposedly showing the PS60 theory online. I'm not sure how, but we are the only ones who trade the PS60 theory, at least the proper way. If you are interested in pivots and you're stuck in that neutral space in your career, starting your career, again, I've had this conversation with a number of people that joined the webinar. You guys were talking to me on Twitter for 10-12 years. Why did it take so long? I'm lazy. Guys, don't be lazy. Take 30 days. See how these pivots work. See if it's a right fit for you. Believe me, you'll never look at the market the same way again. It's a completely proprietary way of looking at the market. It's pretty darn good. It's pretty darn good. Let's talk about the tape. Obviously, blah, blah, blah. Cues are higher. That's great. The focus going into tomorrow is NVIDIA. We talked about a potential run-up for the last two, three days, potential run-up into their earnings. Yeah, they ran today. They ran today, and not only did they run today, they took out some pretty big levels. They took out the 499.60 that was last week's highs, and they also took out the 502.66. Those are the highs from August that we talked about, and this is now the highest close in this whole formation. I think this is the all-time high close in the regular session. I know it traded last quarter to 520 after hours into earnings, but I think this is the all-time high on a closing basis. What's crazy about what we're seeing on NVIDIA today after this now, keep this in mind, the stock has run from the 1031 lows from 392 to 505. Right now, it's trading almost 506 after hours. But the crazy part about it is after this three-week move, guys, if you guys don't have an option scanner, if they were coming for the 550 calls today with size going into tomorrow's earnings, it was the last day. It was padded buying. It was the last day to buy calls. It was absolutely amazing. We even saw some, I think we even saw 600 call being bet, but I'll tell you one thing, with all the money flow going into the NVIDIA, we don't know, and I said this on the weekend video, we don't know if the earnings are going to be baked into the next potential move, but boy, oh boy, those call buyers are really, really aggressive, and they're looking basically for another 10% move on earnings. We'll see if they're right. We'll absolutely see what they're right, but today was pretty awesome. NVIDIA closed out, confirmed, excuse me, a pretty big level to August highs, and we took it for a nice ride. I saw a little bit of a runner, very, very tiny little runner overnight. I'm trying to sell it by the time you guys see this broadcast. I'm hoping the stock is like 507, 508. I'd like to kind of get rid of it, but tomorrow night, they come out with earnings and we will see what their reaction is. Another name, right? Another name that is getting close, and this is the one I want to talk about, right? So Tesla, if you've been following this broadcast, again, you kind of know this is my favorite stock. It's had some pretty good orderly moves. It took out this whole range here. It had this big move here. It reclaimed the 50-day moving average, had another monster move, lost the 50-day moving average, had a nice short to the downside filling in this gap, and now we're kind of just straddling the 5-day moving average. Now, why is this coming into play? Why am I so gung-ho about the stock? Well, it's the options market, right? So pretty much every stock right now is in orbit, right? No matter what stock you're looking at. Guys, there were buyers coming in today. When the stock was like 232, 233, there were buyers coming in today to the 240s, the 245s, to the 250 weeklies, and then the 250 weeklies next week with a lot of size, right? With a lot of size. Considering the stock is still below the 50-day moving average, considering these bets were $10, $12, $15 out of the money, especially for this week, right? When the stock was at 232 today, 233, they were coming for the 245, 247, 50 weekly calls. Considering we are all fun Thursday and considering we only have a half-day on Friday, they're basically taking a 2.5-day rental for 10 to 13 points out of the money. Hey, again, as the old data says, does somebody know something? I don't know if somebody knows anything, but what we do know is the 50-day moving average is right over here, right, guys? It's right over here. We're not that far off, okay? This is the area that we want to see Tesla reclaim. If they could reclaim the 50-day moving average, I think it's going to start to stretch. Now, again, is there a guarantee to reclaim the 50-day? Of course not. This is actually one of the very few names that are still sitting below the 50-day moving average. But boy, oh boy, guys, watch Tesla in the next couple of days, especially if they continue to come with the 245, 250 weeklies with literally 2.5 days, 10, 12 points out of the money. Again, that gets my attention all the time, so we're going to watch it, right? We're definitely going to watch Tesla if it can reclaim the 50-day moving average in the next day or so, because if it does, guys, all you need to do it. And the 50-day moving average is a little light blue line here. Guys, look, I just want to give you guys several examples of what happens when a stock reclaims the 50-day, right? If all you guys are new, right? So the Qs reclaim the 50-day moving average on November the 2nd, okay? They went from 363 to 391, okay? This is just reclaiming the 50-day. Amazon reclaimed the 50-day moving average on October the 30th. It went from 133. The stock right now is at 146. Nvidia reclaimed the 50-day moving average right over here, okay? On November the 2nd, okay? It went from 428, and the stock right now is at 5, almost at 506 after hours. You get the picture? That's what we need Tesla to do, right? We need Tesla to reclaim this light blue line. If it can reclaim this light blue line, boy, oh, boy, I think this damn thing can start stretching, and that's definitely one you definitely want to keep an eye on. Other names we definitely want to watch for the next day or so. Some consolidation channels, which are pretty good here. Let's talk about some names here. Look at Target, right? Target came out with earnings last week. It's just going sideways, just a matter of time. Remember the DDOG chart, right? Guys remember the DDOG chart? Stock was just going sideways and then finally just erupted. Look at Target, same chart, right? Target's exactly the same chart, just a matter of time when it finally gets above earning size. But if it does, this thing looks pretty damn good. Look at Home Depot, right? Home Depot's another name. The stock gapped up. It's going sideways. If they could just get above this channel here, right? If they could just reclaim this linear regression line, this thing could wake up as well. Keep an eye on that. Look at a name like Letter U, right? Letter U as well. It reclaimed the 50-day moving average a couple of days ago, but never confirmed it. Guys, watch for the confirmation for the next couple of days on Letter U. If it could reclaim back the 50-day moving average, it could start its run as well. So that looks pretty good as well. As you guys know fully, guys, in the crypto space, Bitcoin is going nuts. All this crypto is going nuts. Guys, look at Mara, right? Look at Mara. If you guys remember, we talked about Coinbase on the weekend video, right? Coinbase, Coinbase went absolutely nuts. Look at Mara, right? Look how close Mara is from waking up here. Keep an eye on this thing as well. If the bulls start to continue this crypto charge, it looks very, very good. So tomorrow, again, obviously, Nvidia comes out with earnings. Is this move already priced in? We don't know. Is this move going to be solved after they come out with earnings? We don't know. It's all speculation. Don't let anybody fill your head that they know what's going to happen with the stock. Again, like I said a couple of days ago, I could literally be holding, right? Literally be holding Tesla in the video's earnings report in front of my face reading it and I still don't know how the stock is going to react after earnings and nobody does either. But the point is the move has been made. Hopefully, you know, hopefully, I want to, you know, if they can get the 507.508 today after the close, I'll be more than happy to get rid of it. But tomorrow, my attention is definitely on Tesla. I'm also watching AMD, see if it can kind of get above last week's range as well. So we have a lot of names. We are definitely watching, but keep this in mind, folks. It is our shortened holiday season. I'm guessing by tomorrow afternoon, maybe early Wednesday, you're going to start to see, you're going to start to see the volume really dry up because again, this is the busiest travel holiday season of the year. So again, guys, for all you guys who are not trading on Wednesday or Thursday, on Thursday, but you are trading tomorrow. Let me be, again, the first person to wish you guys a happy and healthy Thanksgiving and hopefully the wonderful world that we live in is gentle and kind and sweet to you and hopefully you can reciprocate back. Guys, God bless. Stay blessed. I will see you all tomorrow. Take care.