 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, happy Monday everybody. Welcome to another edition of the Access a Trader dot com nightly wrap up show. Hope everybody is doing well. So the market did pretty much what I thought was going to do today. We had a lot of weakness in the Nasdaq composite. The great part about that is nobody even noticed. If you really didn't pay attention, you probably didn't see how the strongest names on this whole run up were actually this whole recovery since March. They had really rough sessions, but the fact that the diamonds we talked about this in the weekend video, the diamonds broke out today. The spies continue to break out today. Nobody really talked about it. If you go to like, you know, any really, any financial outlet, you know, you're going to see weakness in the Nasdaq composite, but nobody's going to really dwell on it. And that's a reason why this market continues to be strong. They were technical backtests today on a lot of names. You can make an argument, very, very aggressive sell-offs, especially in the morning on beta. And the most amazing part was it was masked by so much strength in other sectors that nobody even noticed it. And the greatest part about the sell-off was not only the Nasdaq, we'll listen to talk about the Qs, not only did the Qs hold and reclaim this 10-day moving average, but they held and reclaimed the five. So this was one of the more structured and really good days for the bull, okay? They made new highs in the Dow. They made new highs on the S&P. If you look at the Russell, again, continues to make new highs off this break from the range that started from the June the 8th. But again, the greatest part about the sell-off is nobody even noticed. And it's again the old adage that comes to mind. If a tree falls into the forest and nobody is around to see it fall, it doesn't make a sound. And that's what's great about this tape. There's rotation in the market. You saw a lot of really aggressive strength today in airlines, right? Excuse me. In airline names, Dallas and, let's see here, and JetBlue really, really strong moves. And you got to go through the whole group. Boeing obviously had a really, really good move today. We had a pretty good pit of today in the room as well. But again, this was kind of the prototypical bull market effect. Rotation from strength to weakness back into strength. And if you look at where all the stocks were, especially the stocks that I follow day in, day out, they started in the middle of the range. We talked about that on the video last night. We talked about that in Morning Strategy. And when you look at where they are today, right? You look at Amazon. They started in the middle of the range, came in, reclaimed the 10. We're about to reclaim a five-day moving average as well. You look at Facebook, same thing, right? They took it down, held a five-day bounce. You look at Apple, same thing. They tried to solve the stock, reclaimed the five-day bounce. So the bulls did a lot of good things here today. I think the headlines slowly but surely are starting to get very, very muted. It doesn't make a difference how significant the headline is. The market is just rotation-based. Even the weak names are starting to rally. And when you get a market that goes from strength to weakness, right? And they pull those weak names out, then you have a macro bull run. And that's kind of where we are right now. So until things change, we are going to be in this area. Of course, you're going to have days that beta is going to be weak. And there's going to be days that beta is going to be incredibly strong. And today, the most amazing part about today's session was I was planning on trading kind of non-beta names. And the most amazing part was the value today was actually in beta. So today was pretty productive. I was very, very pleased how much value we actually had. I think that was the key part. I really didn't have any expectation into today just because of how so many names were in the middle of the range. But the downside periods were very, very aggressive. The upside pivots were very, very aggressive. The mid-cap stocks were aggressive, just an aggressive session. And I think, again, if you are a permal bear, I think that's the best way of saying it. Again, I don't know what it's going to take to shift the sentiment. I just don't know. And the most important part is you're going to run out of money trying to bet against this moving train. And that's the reality. Until, again, until we close below this whole rising support that started in the middle of March. Again, it's very, very tough to bet against this tape. But that's exactly what a lot of people are doing. Again, very, very hated market. Again, the irrationality or the irrational consensus is, of course, it can't continue. Hence, it's continuing. And again, like I said, day by day, right? Day by day, trade by trade. You don't need to trade every single day. The small caps to work and the mid caps to work and beta, depending which side of the day it is, can give you really, really exaggerated moves. We'll talk about the pivots in a second. But again, you don't need to trade every single day, especially if you're an options player. Again, what are you fighting against? You're fighting against time. You're fighting against price action. So it's very, very important that you really understand that you can't trade every single day. You need measured potential. You need expansion and channels. And if you're disciplined enough to understand that, then you can wait and kind of pick your spots in this market. And this tape, again, it doesn't really take a long time for your sweet spot. It doesn't make a difference what type of trader you are. It really doesn't take a long time for your sweet spot to get recognized. It could come today. It could come tomorrow. It could come the next day. But it will come. That's the whole point of a strong, aggressive market. So again, if you look at the pivots today, again, we discussed this. I got to look today. We discussed this on the video last night. We got to be a little more patient with beta. Again, everything was in the middle of the ranges. We have to look at other things instead. And again, we got an incredible good surprise. Beta was very strong today and very weak today, which was excellent. That's exactly what you want. You want to have the ability to trade both sides of the market. And you want to have trade that both sides of the market would extreme conditions and extreme aggressive conviction. And that's the name of the game. So let's talk about it. And number one, going into tomorrow, again, you have to be bullish at any given point. The bulls can wake up again. And when I mean the bulls, again, I'm speaking from the beta area. The Dow was up 350 points today. The Nasdaq composite was down 50. Again, I'm talking about the Nasdaq composite. It's very, very... It's not hard. Let's just say this much. It's not hard for the Dow to really be very, very strong. There's only 30 of them. So if a Boeing is strong, the Dow Jones is going to be strong. If Apple is strong, the Dow Jones is going to be strong. So it doesn't take a big contingent of stocks to be pushing higher. And that's why, again, I think the whole area of people looking and kind of identifying the Dow Jones as the market, I think it's like 1980, okay? It's all about technology. It's all about market leadership. It's all about beta. And again, even if you don't trade the likes of Amazon's and Apple's and Facebook, again, that separates speculation money from non-speculation money. And when these stocks are tradable, especially obviously to the upside, there's going to be no fear. And there's going to be a lot of FOMO cases and a lot of uneducated, underfunded traders. So really good market. Again, market continues to be good. This is my first day back in three days. Again, I had some power issues along with hundreds of thousands of other people. And hopefully you guys are back or slowly getting back. But again, the market continues to be really, really good. So let's talk about it. So this was definitely the first move of the day. And KLA, again, it's not Tesla. Don't compare it to Tesla. They got some news, blah, blah, blah, orders in some trucks. Again, raise your hand if you own a Nikola, right? Yeah, neither do I. But anyway, again, it doesn't make a difference. NKLA, $40 needs to build. Here was NKLA. Very, very strong move. So here is the 40 bucks, right? Here is the $40 right here. And once it got above 40, just absolutely exploded. I mean, when is highest, almost 46 today? I still like it tomorrow. I think you have to use any opportunities tomorrow to buy dips into rising 60-minute support. Again, this is 60-minute support right here. If you guys notice, right, this orange line, every single time it comes down to 60-minute support, it bounces. It comes down, bounces, comes down, bounces, comes down, bounces, comes down, bounces. So again, if we get a negative open on rising 60-minute support, this is obviously the play. Lulu11 never got to 344. Again, NKLA take on the way up. On the video, again, he was a perfect example of a stock that was very, very strong. And then the stock was very, very weak. And again, Beta started rallying, and then they all got pulled, right? So 53, 75, 54 needs to build. Here was NVIDIA. Okay, so here was NVIDIA. Here was the 50, 50, this is called 54. 54 went to 5630s before all of Beta got pulled. So nice little move there. Apple was pretty good. I caught a piece of Apple. 452.50 needs to build for a potential 455 push. Here was Apple. And look where it stopped, right? So here was the 452.50. And look at the eye of the day, 455.10. Again, stocks trade from supply to supply. And again, if you don't understand where supply is, you are trading blind. So it's so important to understand where your supply zones are. Again, I didn't pick 455 out of the hat. This is where the supply is. So it's very, very important to understand where they are. So Apple was good. Beyond got destroyed. Congratulations for all you guys who got destroyed. Congratulations for all you guys who caught BYND. We talked about this on the weekend update as well. 130 held twice if it builds below, can flush, murder. Absolutely murdered. So here was BYND. And again, the macro area was 130. We talked about this on the weekend update, right? 130, 130, broke 130 and just got absolutely murdered, went down to 124 and change. Tesla was definitely the move of the day. I still like lower prices for this thing. 1435, if it builds below, can flush, experienced traders only. Again, guys, the reason why I say, I keep on reiterating the point, experienced traders only, Tesla is an incredibly aggressive vehicle right now. No pun intended. Okay. It was aggressive when I always started trading this thing in the 200s and now it's like aggressive on steroids. So if you are a new trader and I get it, you know, you can catch 30 points, 50 points. I get all that. It's sexy, right? It's hot. People are talking about it. Okay. I get it. But again, if you're not an experienced trader, when I say experience, I try to use the word five to seven years in, try not to trade this thing. You're not going to have any risk tolerance to really see the true nature of measure potential in the stock. You're going to sell early. You're going to buy late. You're going to be all over the place. There's so much better value for inexperienced traders than Tesla. I get it. You're blinded by the lights. You're blinded by the MC Hammer shiny pants. I get all that. It's Times Square. It's nuts. It's inviting. It's sexy. It's exciting. It's just not for you. For those experienced traders, this was definitely the move of the day, 1435. It builds below. It can flush. Tesla got hit, right? Tesla got hit. So here was the 1435. That was the sneaky pivot right over here. It took out 415 and traded all the way down to 1385. And I like it again. The only reason why it stopped today, guys, was the rising Bollinger. This rising Bollinger gets violated tomorrow. And it's going to go down to 1365. And if 1365 gets hit, look at which room it is. The downside, again, the only curve ball is that, again, the chatter, the possibility of an S&P inclusion at any time, that's the only reason not to be very, very aggressive, especially overnight, just to kind of limit your exposure. But again, monster move on Tesla. Groupon didn't quite get down to that. I really wanted to buy this thing on a dip. Groupon 2444 for a possible bounce area, off rising support. That's, again, what we talk about. It traded down to like 2457 in bounce. I was kind of a little bit disappointed that it didn't get down to the rising support. So here was rising support right here. It just got down within $0.12. And it bounced back like $0.70, $0.80. I still like it for tomorrow. But I definitely want to see this upside confirmation for a longer term potential move. But we just kind of missed the entry on Groupon. Boeing was big. I quote a piece of Boeing as well. 176 needs to build. Boeing had a great move. Again, all these airlines were very strong. So 176 was macro, right? That was the macro area right over here. This 7557, it started building 56. Again, stocks just don't stop randomly. It stopped right to the next supply zone, almost at $80. That's the 50-day supply. If Boeing reclaims 50 tomorrow, you could see a move into the 185s, 187s. Some pretty aggressive call buyers came in today, especially highlighted off the 190 weekly. So there's definitely buyers there. And again, if the rotation continues to go, it should be pretty good. Facebook was a good move as well. 269 needs to build. Here was Facebook. Right, so here was Facebook. Here was the 269. You see this whole channel here, right? 269, it just exploded, went to almost 274. Before all these stocks got pulled. So again, there was just literally value. There was value everywhere today. And this is what I liked about the day. On the video, take on the way up. Facebook, take on the way up. Apple, take on the way up. Beyond, take on the way down. Boeing, take on the way up. Tesla, take on the way down. You get the point. Good, good two-way action trading today. Again, fantastic value, 180 on deck on Boeing. So it was good. It was really, really good. And here was the levels. 1390 next stop, went to 1385. And 1366 is left. Nvidia didn't give a big move. There was a sneaky pivot to the upside. 5175, 52. And only went to like, you know, only went to like 452. 50 is really not a big move before it turned back around. And that was it. So SR&E was pretty good as well. We saw a really aggressive option flow come in on SR&E as much as they were buying, they were buying to December 25. I mean, the stock was at 15 and changed when they started out. So really big move there as well. So good session. You know, really, really good session. Again, I would love to see beta kind of wake up tomorrow. Okay, if you look at a lot of their channels and you could see it, you know, you don't have to be a master technician to see it. They're all still, you know, really in the bottom of the range. So I wouldn't be shocked if we saw some more value on beta to the downside, but I would love to see kind of them wake up, start reclaiming channels and kind of joining the party. Because again, for me, it's much better when there's a macro, you know, crazy buying spree in beta than like IBM waking up, right? As everybody can imagine. So a good start to the day, a good start to the week. Hope everybody is doing well. And with God's help, I'll see you all tomorrow. Take care, guys. Congratulations for putting in the time to take control of your trading. You're one step closer to owning your future and achieving the success you desire. Want daily trade ideas directly from Dan? Straight off his personal watch list? Unlock our free PS60 Vault where you'll get nightly updates on pivot opportunities we're watching for the next day's session. Click the link in the description to get started today.