 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 AccessaTrader.com nightly wrap up show. Happy Tuesday everybody. Hope everybody is having a great day. Hope everybody had a good day of trading. A really good day. We'll get to the pivots in a second. So let's talk about what we know for the last couple of days, right? And this is kind of where we talk about collecting data. This is what we always refer to sometimes doing kind of a feasibility study of the overall market environment. We'll give you a lot of hints of what happens next. So Friday we had the jobs number, right? It was a hot jobs number. The NASDAQ was down 1% on the jobs number and then reverse course and wound up up 1.6% in the day. That's a 2.6% intraday move. Okay, so that's called bad news being engulfed. That's a good thing, right? So that's a check mark. Then we had over the weekend the horrific events going on in the Middle East. Again, prayers to all the innocent victims there. The market could have easily been down yesterday, 500, 600 points. The NASDAQ could have been down 300, 400 points yesterday. I actually tweeted about the Sunday night and I said, well, it's kind of weird that the NASDAQ features only down like 5, 10, 6, 10, 7%, not that big of a deal at all. And we saw yesterday the market reverse course very, very aggressively yesterday. The Q's lost 363 at the open and we claimed them back on the close, which was very, very bullish. Again, so you have the reversal on bad news on the jobs number. You've got the reversal of a horrific event going on in the Middle East. So again, Friday check, Monday check. Again, that's called relative strength engulfing bad news. And today, we got finally something that we were looking for for a very long time. If you watched the video last night, number one, I made the cases of the first two studies that this was pretty good. Good thing. And the question was going into today's trading session, can the bulls reclaim the 50-day? The 50-day moving average is kind of a big deal. If you watched the PS60 workshop or if you haven't, if you are brand new to the channel, guys, take a second. Take a second if this has given you value. Take a second, like, subscribe, share. It's always asking for it. Like, subscribe, share, comment if you have something constructive to say about the market or anything else that's going on with your life. Obviously, leave all political opinions away from us. That's not what we are. Nobody's going to engage in a political conversation with you. There's a million other forms to do so. This is just not one of them. But more important, more important was if you watch the videos or you watch the workshops, you know the importance of the 50-day moving average. I am a champion of it. I believe in it. And I believe that it is the birth of a trend. Okay, not a trade, birth of a trend. And we finally got back above the 50-day moving average. We talked about it last night on the video, the importance of it, and the importance of all the stocks that were trailing the NASDAQ 100 that if they do the same thing, we could have a pretty good rally. We had a pretty good rally, right? We had a pretty good rally. We went through all the symbols last night on the video, you know, the Amazons of the world, the Teslas of the world. And the videos of the world, the AMDs of the world. Again, all you need to do is go back to last night's video. And as soon as the Q's reclaimed the 50-day moving average, we just went bananas. Absolutely bananas. One of the better, more aggressive days that I can remember in a very, very long time. We were ready for it. We were prepared. We knew the levels. And it worked out very, very well. Here's the curve ball, right? Remember we talked about yesterday on the video as well? Well, if we get above the 50-day moving average, is this a scenario now for risk back on? And I was like, well, usually it would be, right? But the fact that we're going through all these spin cycles and all these news events and such a fluid motion going on through the Middle East, it's very, very tough because you never know what news could come out. We talked about this last night. And in the middle of the day, you had different headlines pop up from Biden to Hamas to this one. This one to that one. And we had some pretty disgusting polls after lunch. This is after lunch, by the way. So we had this massive, massive rally and then this massive poll in the middle of the day. And we kind of went sideways for the rest of the day, which basically shows you how sensitive the market is, right? And this is a type of market that, again, if you are going long, that's fine. Everything we did today was to the long side. But the point is be wary of holding things overnight, unless you have a very, very aggressive hedge. What I usually like to do, and again, a lot of these videos are available on YouTube. There's actually a video out there how I hedge my beta positions with the NASDAQ 100, which is a very, very good strategy, especially in a market like this. But it really, when everything settled and everything kind of closed today, we were way off our highs. If you look at every single stock, for example, Tesla was a phenomenal trade today. Absolutely phenomenal trade from 62 to 69. Seven point move. Tesla closed six points off its highs. And the video was a really, really good trade today. Really good trade today from the 50, 58 area when almost the 63 pulled in $6 off its highs. You kind of get my point here. Amazon had a great move today. Great, great move. We talked about Amazon the last couple of days. It pulled in $1.50 off its highs. Meta that had a huge, huge run today pulled about four or five bucks off its highs. So going into tomorrow, look, I think this is a perfect opportunity for the market to kind of digest what it did today, kind of continue to shrug off bad news, which will ultimately be a more proactive way to just not only sitting above the 50 day, just keep on building above it. And even if it's a down day tomorrow, you want to make sure we continue to hold, continue to build. Because again, if we give back the 50 day moving average on the close again, which is roughly the 367.49 level that we talked about last night's video, we're back in the middle of the range here. And that's like, it's not exactly what the bulls want. So the longer we can stay above the 50 day, the higher probability we'll continue to rally. And the more that we continue to brush off negative headlines, especially when innocent lives are on the table. It's it'll be unfortunate macro event for the universe. But as far as the trading aspect, and again, it's the only thing we could control right now will be deemed bullish. So what I like going into tomorrow, it's not necessarily the beta names that continue to be strong. I like some of the names, you know, some of the names coming off the bottom. And that's kind of the cool thing about when a market reclaims a 50 day moving average, you'll usually get your frontline, your frontline stocks to really go nuts, you know, Nvidia, Tesla, Meta, so forth and so on. But when stocks are coming off the bottom, there's a lot of value coming off the bottom as well. Let me give you guys a couple of symbols before we get to the pivots. So look at Instacart, right? Terrible IPO, right? Absolutely horrible IPO. Here's where things get pretty interesting in Instacart, right? If Instacart can get above, you see how it keeps on getting rejected here, got rejected with this linear regression line, got rejected with this linear regression line. Today again, got rejected off this linear regression line. If Instacart can get above the linear regression line tomorrow, it could actually wake up. That's my point of watching stocks coming off the bottom. Look at a name, for example, like AI. AI was a phenomenal runner in the summertime, right? Had a great, great run in the summertime, kind of fizzled out a little bit, lost a little bit of sluster. But look, it's coming off the bottom as well. And it got stuffed at the 150 day moving average. If they could reclaim and confirm back the 50 day moving average, maybe AI could run as well. Again, that's the whole point of watching stocks coming off the bottom of the channel. Look at a name like ACMR. I have no idea what this thing is, right? I had no idea. The last time it broke out at Adam and Macro channel, it went from 15 and the stock went to 20. Well, look what happens here. What happens if it confirms the September eyes, right? This thing could start a multi-day, multi-week move. Again, so if you don't trade beta, okay, you don't have to, like we were talking about all the time, the PS60 theory doesn't stand for you have to trade mega cap technology stocks. It's just, you can trade the PS60 theory, small caps, mid caps, bottle caps, baseball caps, whatever caps you want. As long as there's a range and as long as there's liquidity, you can trade the process. That's the most important part. On the way down, right? On the way down. Look at the video. I thought of a video. Look at Netflix, right? Netflix didn't participate, okay? Had a couple of days, a little roundabout bounce. It got rejected off the 20-day supply and closed right on daily support. In case the market pulls tomorrow, guys, watch Netflix because if Netflix starts losing the bottom-taste channel, we can go back to last week's lows. Again, we always try to be prepared on both sides of the market. Going into tomorrow, I could see a scenario just on how we close today, that we can have a little bit of a back test when it's surprising if you're rallying more. No, of course not, because we reclaimed and closed above the 50-day moving average, but it wouldn't shock me if we had an inside day, the market a little bit of a digesting today's more news, a kind of digesting a little bit more of today's price action. We could have a little bit of a slower day from the mega cap point of view, but for the rest of the market, let's see if they can start playing catch-up. Let's talk about the pivots. As you can imagine, we didn't get creative today. When the NASDAQ 100 is about to reclaim the 50-day moving average, you want to be in NASDAQ 100 names. Because again, the thing is, when you have a potential big window to open up, again, confirming the 50-day, you don't want to just creep into the front door. You want to get into a tank and drive it through. So you don't want to, for example, Intel is cool, right? Intel is cool like a semiconductor. You'll sit there for four hours trading this thing in a 30-cent range versus Nvidia that can run up 10, right? And that's kind of the whole point of taking advantage of your interval. So let's go one by one, really big moves here at the open. You add semiconductors. Everything under the sun that we basically trade. AMD, 10787 needs to build, right? So here was AMD. It took out the 10787 and traded all the way up to 110 and change. We talked about AMD as they in the last night's video. Apple was a little weird. Apple not only did that rally today, it kind of went right on the day, which is very, very odd. 170905 needs to confirm the 50-day. Apple got up. It wasn't bad. It went up like 70 cents. And for whatever reason, it just kind of died on a vine. But again, nice little popping, nothing crazy. These are the two trades of the day right here. Nvidia 5605 and 458 needs to confirm. Here is Nvidia. It took out the 56, right? Took out the 56, took out the 58, almost went to 263. Great, great move. All my runners today on Nvidia, they got stopped out when the market came in. Tesla, I sold up about a couple of bucks for my last 15%, but it was a big run. We had a six-point move, excuse me, almost seven-point move on Tesla in the middle of the day. And here are the levels. 261.65 and 263.60 needs to confirm. Again, Tesla's another example of downgrades, price cuts, all that crap, right? Missing inventory numbers and yada, yada, yada, absolutely freakish day. Nice move here. Took out the 6165, took out last week's high of 63.60, and went to 269. Great move, absolutely phenomenal move there. A Vago. I didn't trade a Vago. It was a little too thin for me. Before all you guys who did, that's a hell of a move on a Vago. 856.60 needs to confirm. And look at a Vago did, man. Boy, look at this move on a Vago, right? It took out the 50-day moving average, and look at this move here. This thing went absolutely nuts, went up around 14 points before completely moving up. It went from 56 all the way up to 72, nearly 73. Huge move up there. Coinbase rejected twice. I think we spoke about Coinbase a couple of days ago. Rejected twice, needs to confirm. Here is Coinbase, took out that 80 finally, and traded up to 82 before reversing. Of course, just like a lot of stocks did during the day. Amazon was pretty good as well. 12880 needs to build. Here was Amazon. We sold it a little premature right before the 130 area, and then it popped up another 70 cents. I just didn't think it was going to get through whatever. Nice move, like a dollar move on Amazon before it reversed, but nice move there as well. Meta, again, continues to be incredibly strong. 32033 needs to build. Here is Meta. You got to get the point on everything. Everything just went nuts here. 32033 went up to almost 325. I believe that is it. Just to give you an idea, just to give you an idea of how important the 50-day moving average is. I tweeted this out. I go, the queues are very close to reclaiming the 50-day. That would light everything up like a Christmas tree. Since that post, the queues went up $3.40, went up 1% since that post. My point is once things start reclaiming the 50-day, whether it's to the downside or to the upside, things are going to start to expand, and stock prices are going to expand all across the board. That's it, guys. I wish everybody, again, peace, health, happiness. Again, if you are curious about Pivots, guys, come aboard for 30 days, kick the tires, ask questions, see exactly how the PS60 theory works. I know 99% of the public doesn't even know it exists. Everybody's into small caps and disc caps and vac caps. Again, I've always said, folks, keep this in mind, if you're trading the same stock at the same price or the same interval as everybody else and you believe in the theory at a 99%, what are the health percentages that traders lose money? Why the hell would you want to be trading exactly like them? Right? A light bulb moment should be going on. Guys, have a great night. God bless. Stay blessed. Stay in business. And with God's help, I'll see you all tomorrow. Take care.