 Again, you could play around with 5%, 3% of the time, but once you find your niche, stay with your niche. Don't deviate because again, the lights are always the shiniest, the grass is always the greener, until you get to the other person's backyard and you get attacked by 3,000 ratwires. 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 theaxxasatrader.com. Nightly wrap up show, hope everybody is doing well. If you are brand new to the channel, thank you very much for your time, your viewership. We invite you to come aboard, subscribe, like, and share the channel, and we can take this continuous of journey into a promised land, right? Or whatever their promised land is. Other than that guys, hope everybody is doing well, hope everybody had a good day of trading. So nothing really on the indexed run, right? You know, we've been on this massive uptrend for a long, long time, stocks are rallying, stocks are then resting, there's rotation and so forth and so on. I wanna start out with a little bit differently today. Okay, so, if you're on social media, this is usually like a social media thing, right? Cause a lot of these terms I've, I've, you know, you started using as you're on social media and you hear it all the time, right? Wait for the A plus setup, right? That A plus setup, wait for it. If you don't get the A plus setup, don't trade. There's no reason to trade and sometimes you hear me use the, you know, like a phrase, you know, don't trade the two seven all suit. So you can make a case that A plus setups on the eyes of a beholder. I don't, I don't make that case. I think when a stock has a move, initial move, when it's up or down, go sideways and then finally comes out of the range, that's what's called a really big A plus program. And usually, you know, I talk about, you know, I talk about one of my secrets to longevity, especially in the last 12 out of the 14 years, I stopped pretty much trading everything, right? I would say 95% of all my trades are probably the same, you know, 10 stocks, you know, same 10, 12 stocks, Apple, you know, Amazon, Meta, NVIDIA, Tesla, right? Stuff like that, Microsoft, stuff like that. And the other five, like if I see like option following name, it's confirming, it's confirming, it's upper channel, I'll go into the trade. But with all that being said, I've always said this in the past. The reason why I trade beta, number one, the biggest average true ranges in the whole market and I understand their tendencies, right? I understand how Tesla trades, I understand how Meta and Apple trades, the difference between Amazon and NVIDIA, right? Everybody has a different personality. And I've always said that if you trade random stocks because you don't know their tendencies or their personalities, you're gonna wind up being with getting random results. Let's fast forward to today, right? If you guys been watching, if you guys been watching this broadcast for the last, probably for the last two weeks, we've been talking about IMGN and again, it's not make it or break it type of day today. Well, you know, there was actually some really, really good moves today. We'll get to the pivots. Ironically, this was an A plus setup, right? So basically what this was, was the stock gapped up, it went sideways for two weeks, it got rejected three times off 14, and you say this all eventually, if it confirms 14, it should go, correct? So usually I wouldn't trade a stock like this, but today, you know, I've been watching this thing for two weeks, I say, yo, let me, yo, it looks great, right? So I get along the stock, right? I get along the stock, and here's the point, right? So I get along the stock right here, right? The stock spikes up about 25, 30 cents, I don't know, 15 seconds, 20 seconds, right? So I sell, I always sell, especially a $14 stock. I don't know, you know, I don't know what the big move is on a $14 stock. So I sell some, right? The stock comes back to 14. I figure, okay, it's gonna come back to $14. It's going to pause there, right? Rest, you know, because a lot of times they'll back test into their breakout level and then explode that higher. Yeah, not so much, right? Not so much. The stock went from $14.30 all the way down to $13.30. I wound up, you know, net net losing about 35 cents on the trip. It's not the point of losing the money. Like I sat there and I'm like, what happened just now? I'm like, I understand it's a random stock, it's not usually a stock that I would trade, but what the hell happened here? And again, here's kind of really, really goes to the point of you can have the greatest setup in the world. And ironically, I've led with this stock today at Morning Strategy, right? We didn't talk about Tesla, we talked about Tesla S. We'll get to everything in a second. I led with this thing. I said, listen, maybe today's spying the day. It held up Friday, yada, yada, yada. But it really does come down to two points, okay? An eight plus setup is actually in the eyes of the beholder. Okay, so I'm along, okay? And it really does hammer the point that if you do trade outside of your comfort zone, expect random results. That's the bottom line. And I've noticed that for years. When I trade Meadow, when I trade Tesla, when I trade NVIDIA, I usually get some pretty good organic moves. As soon as I trade anything else, it's a toss-up, right? Take a, yeah, I literally have a dial in me, right? Take a toss-up, heads and tails, maybe you make, maybe you lose. But again, it really does show you once you find your niche guys, again, you could play around on a five, 3% of the time, but once you find your niche, stay with your niche. Don't deviate because again, the lights are always the shiniest, that grass is always the greener until you get to the other person's backyard and you get attacked by three dozen rat wilds. Stay in your lane, son, stay in your lane. Other than that, right? Pretty seamless day. The one trade that I was fighting with, I know a lot of you guys were fighting with as well, was Tesla, we'll get to individual pivots in a second. The market did hold up very, very well today, right? There was some news that they were coming close to a debt ceiling kind of agreement, as we talked about in the weekend video. In my experience in the last 24 years, every single time I've been talking about debt ceiling, debt ceiling, debt ceiling, it turned into a complete non-event, okay? They usually resolved it within a week or so. Does the government, can the government shut down three, four days? Like I said over the weekend, what are you not gonna get your mail? Is that your worst problem? You're not gonna be able to buy a stamp the post office? Let that be your worst problem. So I don't think this is a big deal. And I think the market has spoken through years and years and years that this is not a big deal as well. When you look at the total, the final tally today on all the indexes, again, nothing to write home about, but that's good. That's what you want. That's an organic market that you definitely want to trade. You had the Dow of 40 points, you had the S&P up 12 and you had NASDAQ up 80. And when you look at the members in those stocks, the leaders, the one that had the big runs and the earnings runs, they rest it, right? So you had Microsoft continues to rest. But again, going sideways. I'm definitely, definitely watching Microsoft the next couple of days. This is getting tighter, tighter, tighter. Again, you could turn around and say, well Dan, it's making higher low, excuse me, lower highs in the last three days. Yeah, but it's still holding on. It's also making higher lows, right? So even though it's making lower highs, it's still making higher lows off the 10 day and the 10 day is super bullish. So if we could get above this channel here in the next couple of days, Microsoft's gonna wake up, but it's resting. Apple still continues, right? Still continues to kind of go sideways. Had a great earnings run. It can't do anything else with it, right? Just kind of going sideways. It's sitting and protecting the 10 day moving average just like Microsoft. But again, no price improvement just yet. The stocks that had really big runs last week, Google, well-deserved rest, right? Well-deserved rest down a dollar. The stock has gone from literally in the last five days from 104 to 120. I think a dollar rest is very, very unnecessary for this thing. Even Amazon, right? Had a really, really great run. It's still price improved by a dollar today. Still made a lower highs. But the point is that there's stocks, even if they're not having their biggest days, they're still organically price improving either the previous range or the previous week's range. So that's super-duper important. The stocks that did wake up today, we'll get to the individual pivots in a second, Meta finally got above this whole range here. Guys remember we've been talking about Meta for like a week? Well, one is gonna take another run, one's gonna take another run. Well, this is the highest close now in this little formation, and it put in its highest close. You got Nvidia, right? The video's the same thing. The video's been weak, weak, weak, strong, strong, weak, weak, weak. Nvidia reclaimed the five-day moving average. Watch the video for the next day or so. Again, maybe it's tomorrow, maybe it's the next day. But keep an eye on the video. If it starts getting above this candle here, which is the 511 highs, there's a shot it goes back to last week's highs. Keep an eye on that. AMD kind of the same thing. AMD got, you had a massive, massive run, came in. The last couple of days has gotten rejected at exactly the same area. If AMD tomorrow reclaims back the five-day moving average, maybe this thing wakes up. So you have a lot of names that are super strong in the market. One stock that's not strong was Tesla, right? So tomorrow, apparently they have some sort of investor's meeting, I think it's tomorrow at three o'clock, east of central time. Who the hell knows what they're gonna talk about? But we saw today a lot of really aggressive short-term. We saw today 160, 155, 150 near-term expiration puts. Notably, one guy came in for 1.7, either 1.2 million or 1.7 million of the June 150 puts. Guys, watch Tesla. I traded Tesla today. It was a buyer in the crowd. It came in, it was literally a fist-wife. All you guys in the webinar, you kind of know this. We were fighting with this thing. It felt like for nine hours. It was only like two. But we were fighting with this thing an hour. Finally came in like a dollar and a half. This is finally closed below the 10-day moving average. The key now to Tesla going into tomorrow ahead of its investor's meeting is, can they finally get below this candle here, right? That's the key. Can it get below the beginning of May? If it starts building below this channel here, then you have a lot of room potential. Is it gonna do so? We don't know, but we always talk about on every single video, don't we at least need to be prepared for it? And that's the name of the game. Always be prepared for both sides of the market. So going into tomorrow, again, continuation tech looks really, really good. The AI names, like AI woke up today really aggressively reclaimed back the 50-day moving average on a lot of volume. That's a good thing. Look at this volume expansion here today on AI, massive. Keep an eye on this thing tomorrow. Either a 60-minute dip, right? If it opens up week, this profit takers at the open into rising 60-minute support, red to green or above today's range looks really, really good. So let's talk about some pivots from today. Again, ironically, the stock that had the best setup, IMGN didn't work. Again, best setups, A-plus setups are on the higher the beholder. So let's talk about it, right? So too low, lost earnings low, needs to confirm, never got there. IMGN, yada, yada, yada. I bought it at 14, went to 14.30, yada, yada, yada. I wanted to lose like 35 cents. Hey, teach us all, right? I'm not judging. Lazy Boy, not Lazy Boy. Legal Zoom, we talked about on the weekend update, 1075 needs to build. So here is Lazy Boy, right? It got above the 1075, it just couldn't make it there. Still, I still like this thing, but it really needs to continue. It still needs to continue build above today's channels. Hasbro, right? We talked about this on the weekend update. 61.35 needs to build. Here was Hasbro, right? Beautiful move, right? Beautiful, beautiful move. It took out the 61.35. I trained all the way up to 62.66, beautiful move. Still, that looks like it wants to get into the 63s. Meta, finally got above the, broke this downtrend today. 38.21 needs to build. Here was Meta, right? So here was the 38.21, this whole channel here, right? You see this whole channel here? It got above 38.21, got up, it got into the 240s. Looks good. If it could confirm today's channel tomorrow, there should be more upside. AMD never gave a second entry. What a second entry basically means is if AMD took out 93.68, what happens is stops are being run, right? I think everybody knows that term. The only way you'll have natural sellers come in is if you see it snap back first. The second entry is basically through the low of the day after it took out the pivot. Obviously never gave a second entry. On the video, woke up today, right? Woke up today, 87.80 needs to build, right? So here was the video. So it took out this 87.80 would happen to be also the five day moving average. It got above there closed when all the way up to almost 290. This thing looks really good again. If you could reclaim the five day of the channel from two days ago, I think there's a shot at last week's highs and last but not least, right? Tesla, so again. So I shorted Tesla through the 66 level, right? It put in a five day range. So I shorted Tesla through 66. It went down initially around a buck. Then buyers swooped in, right? There was like a killer war. It was like the end of the world war at 66. They finally, you know, it finally died. It went to like 64, well, it didn't die. It went to like 64 and change, covered some more, right? Covered some more and they swept it right back to 66. The buyer was there all day. I don't know who the buyer was, don't care. Elon, Kathy, Elon's, you know, dog, who the hell knows? Somebody was buying today. Maybe a hedge fund, whatever it was. Somebody was buying the stock. Moral of the story is towards the end of the day, they sold it off and they closed it right under the 10 day moving average. The key to Tesla tomorrow is, if it starts losing today's range, but more important, if it starts losing this candle right over here, this will confirm this whole channel. And if it does, look how much room you have to the downside. And if you combine that, if we get more deep out of the money put buyers to come in, we could really, really get some pretty decent value going into tomorrow's channel. So let me give you guys a couple of names to watch for tomorrow. I like this, you know, let me give you guys some non-beta names, switch it up a little bit. Look at DVAX, right? I don't know what this thing is, but it looks pretty good. It's coming out of this whole channel here. First close over daily supply, got some decent volume coming in. If DVAC starts reclaiming, you know, reclaiming this range here, the supply zone, I think this thing can move. ACVA, again, here's a perfect example of a stock, had a big move, rested, today's the second day play. If it could reclaim back today's channel, I think there's more room to the upside. AI we talked about, I like AI either on dips or either dips on a red degree and potential move there. And, you know, keep an eye on everything else we just talked about, you know, Microsoft, Nvidia, AMD, obviously Tesla, Meta, I mean, look, if there is a true rotation in technology names and some stocks are going to always rest and money flows into those other names, well those other names are Microsoft potentially could wake up, Nvidia could potentially reclaim the five day and you got AMD waking up on the heels of Nvidia as well. So guys, have a great night everybody. If you are joining us tomorrow at the live webinar or on the live broadcast, morning strategy starts up about 10 minutes after nine. Come there, asking the questions. Again, if you're not asking questions, you're wasting my time, you're wasting your time. It's not about the alerts. Cut that social media garbage out of your cabaret. It's all about understanding technical analysis and your points of reference when context starts to confirm. Guys, God bless you everybody. I'll see you all tomorrow. Take care.