 And again, here's another example of buyers coming in all morning, guys, they were coming in for the 34 weeklies 3035 weeklies for the 36 next week for the 37s the week after. So there's a lot of institutional money flow. And again, like I said a couple of minutes ago, when you see a lot of flow coming into the stock, usually you're going to get 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 trader com nightly wrap up show up everybody is doing well. Something really funny. Usually are our little channel here. We know because of our special niche, like we have a very specific niche, we're intraday primarily intraday, because the last few weeks have been pretty good momentum overnight swings and stuff. But predominantly because of our niche, we usually get about, you know, 800 900 views views, an update, you know, again, we have a very core audience with a very specific niche. We trade channels, right? We trade channels both sides of the market, we have a game plan. And if that game plan confirms, then the trade is on. If the game plan obviously doesn't confirm, there's no trade. And last night, I was sitting there and I just kept on getting, you know, just, just, just beep after beep after beep. And I look and I'm like, this 5000 people watching tonight's update and it didn't, you know, it didn't register my mind. Why was this such a, you know, why was there such a big amount, you know, eight, 10 times the usual viewership. And I, you know, I realized that, you know, I talked about Tesla yesterday. The ironic part about Tesla is we were long Tesla for the last three weeks. The overnight update was literally the first update that I told, we weren't long Tesla. And I was just looking for some back test to eventually set up this week, right? It wasn't supposed to be today. It wasn't supposed to be a specific time. It was supposed to be sometime this week for potential exhaustion channel. Obviously that that didn't happen. And I got a lot of response all of a sudden, you know, from 5000 people, obviously I'm exaggerating here, but they're like, F you, you're wrong. I don't know what wrong about. I have no idea what you guys are talking about. But again, guys, if you are brand new to the channel, we're not a long term, you know, we're not a long term program. We're not a long term broadcast. We are day to day. We trade both sides of the channels. We have no, you know, we have no bias. Again, like I said, we were long, you know, I've been long pretty much Tesla for the last three weeks of this whole move. This has been literally the first day that I was looking for some sort of exhaustion channel to set up for a bottom channel potential back test. Like I said, that never came. But again, if you are going to participate in this channel, we welcome you, right? We absolutely welcome you. But just understand this is not, you know, nobody's talking about where stock is going to be three months from now for, you know, for years from now. This is strictly day to day. Our research is based on technical analysis and how the market is structured for the next day. We always ask you is to be cordial. That's it. And now, you know, there's only 5000 views, great grant your opinion. That's all fine and dandy. But again, this is a very specific niche type of environment. I try to give you my views for the up and coming days. You could take it. You could leave it. The only thing we ask is be a normal human being, right? If you don't like something they say, hey, listen, I think you're wrong. That's cool. But again, be a little bit cordial again. This is the you know, this is the internet and we get it. Everybody has the right to say anything. But again, this is our cool little platform for all you guys who've been following us for the last 13 years, you kind of know a little bit of a niche that we have and we welcome everybody. We hope everybody is doing well. And hopefully we can give you guys some alternative views of the market from our point of view. So let's talk about the tape, right? So the market continues to be really, really strong ahead of tomorrow's CPI. Then Wednesday we have the Fed minutes and you know, the possibility of a stall in a halt in interest rate hike is definitely on the table. The market today rallied after the last weeks of you know, another strong performance in the markets, you have all the indexes continues to push up here. You have the NASDAQ up 200 points of very, very strong. All the names kept on pushing will obviously go through the pivots in a second. But the key is going to see how is the market going to accept. Forget about the CPI reading tomorrow. Obviously, that's going to be a very important reading. But I want to see how the market is going to react to Wednesday's potential halting in interest rate hikes. Again, one area of the market, you can make a case while this whole rally was based on the potential of an interest rate kind of halt. Is the market going to sell off on that news or is this market just that strong? Again, we came into today, we talked about that over the weekend that the NASDAQ going into today's session was up, the NASDAQ 100 was up 33%, took out the whole loss of 2022 for 31%. Or is the market just continues to be that strong in technology, no matter, especially technology, no matter how weak or strong the market gets or the data continues to go, the market continues to engulf that data and keeps on going higher. And if you look at the indexes, again, this is the highest close in the whole formation on the cues, we've been covering the IWM for weeks. We had an unbelievable, just an absolutely beautiful breakout here three days ago off this 82 level. Again, the market continues to grind it higher if you look at the SPX. And this is something that we talked about over the weekend. This is a 20% plus rally now from the October lows. So you can see here, the market is just doing incredibly, incredibly well. Does the market go up every single day? Absolutely not. The stocks go down up every single day. It feels like it, but they don't. And this is a very specialized market. If you are joining us here for the very, very first time, we drive all our opinion, we drive all our research on either the daily confirmation, which is very much viewed as quote unquote normal. But we also watch the option phone. The options market is very, very important to us. Usually in my experience for the last 24 years, you're going to get a big amount of effort in that direction. If the buyers are coming in with short term expiration, deep out of the money calls, and they're coming in repeat. So for example, let me give you guys a couple of standouts today that had met that bill. Amazon, right? All morning, we saw a nonstop, you know, nonstop, they were coming in for the 129 130 weeklies nonstop. And this is when the stock was 123 124, they were just coming one after another after another and they finally confirmed this little baby channel. They got rejected the last couple of days. We talked about that on the weekend update. Again, we'll get to the dependence in a second. Even a name like plug power, right? This morning when the stock was trading in the nines, you know, they were coming for the 10 weeklies one after another after another, then after the 10 weeklies, they started coming for the 10 and a half weeklies. And you could see here broke above, broke above last week's high. This is the highest formation to close. It looks like in the next couple of weeks or so, you might get a push into the 11 area. We also saw September 1250 calls coming into the name. So very, very important there as well. One name that broke out really, really nicely today. And if you look at the weekly chart, it's usually not a name that's associated with the high fires. It used to be only back to the dot com era 2000, 2001, 2002. The leaders back then were Oracle, Cisco, which Oracle had a great day today as well, Oracle, Cisco, Microsoft, Intel. And you can see the weekly chart, how close this thing is to really busting out of a weekly channel. But if you look at the daily chart today, it did break out. It broke out above this 3220s. It confirmed this 3257 level. And now this is a stone throws away. You guys see this high here on four, four, the higher here of 3385. If Intel could get above this 3385 level, start its next leg up. And again, here's another example of buyers coming in all morning, guys. They were coming in for the 34 weeks, 35 weeks for the 36 next weeks, for the 37s the week after. So there's a lot of institutional money flow. And again, like I said, a couple of minutes ago, when you see a lot of flow coming into the stock, usually you're going to get another area of interest and more volumes going to come into the upside. Does it always happen? Of course not. But this is the difference between institutional money flow versus retail money flow. And if you've been watching a name just, for example, like a Tesla, right? Again, that we were long for three weeks, guys, three weeks. Okay, nobody's bashing Tesla, relax, calm down. Everybody just charges up there. They heard the weekend update that I was looking for a downside pivot at some point this week, they lost their minds. Okay, that's cool. Even a name like Tesla when the stock finally reclaimed the 50 day moving average and started building above this 178 and closed above the 78. You know, they were coming for the 200s, the 205s, the 210s, the 215s, when they finally got above this 205 close, that's when they started getting really aggressive with the 220s, 225s, 230s and 240s. Again, we saw some pretty deep, you know, deep out of the money call buying continue today for the 270s we saw short term for the 280s we saw in July. So again, the market is very, very healthy. Again, I'm still watching for a potential back test, but like I said in the last night's video, you can't assume a back test is going to happen. You can't anticipate a back test is going to happen. What you need to do is wait for it to take out the previous chattels low and start building. As you can clearly see, Tesla did not take out the previous chattels low and never even came close. The closest it came was within $3, $4 a Friday's channel. So right now the market is very, very strong. Again, is this market going to go up every single day? Of course not, you're going to have to see you're going to have pretty aggressive down days as well, just because again, the market just doesn't go straight up. You're going to see a lot of institutional money flow hedge or buy or sell bias in both directions. And the most important part is now we have two data points ahead of us. We got the CPI coming in tomorrow, and we have the Fed, the Fed announcement on Wednesday, we'll see how the market reacts to that. So let me give you guys some ideas, right? Let me give you guys some ideas. If you look at the beta names for, you know, especially the names that I follow, and again, for all you guys who are brand new to the channel, I primarily trade the same 10 stocks. If there are some other names, for example, we would some option flow, I'll definitely look in that direction. But I trade pretty much the same names over and over again, Tesla, Amazon, Meta, Microsoft, Apple, Nvidia and all that, all that good stuff today. I took some Intel nice bounce closer than 15 cents of the highs. Amazon is looking super duper strong for tomorrow as well. So we'll see what happens there. So let's talk about some ideas for tomorrow and then we'll get to the pivots of today's session. Again, very, very strong session. A lot of, you know, a lot of market flow definitely came in. So let's talk about some names. Nvidia, take a look at the video, right? So Nvidia had this really, really big run up inverted hammer back tested. That was kind of the idea of the whole premise of the Tesla setup who didn't play out yet. You see this whole baby channel here, okay, that started from June the 5th, right? You see how it just stopped in this baby channel here twice. If Nvidia can reclaim this little channel here that started on June the 5th, it could start waking up. Another case of option flow today, they were coming for the following weeks, the 420 weekly. So basically means if this thing could start building above this channel here, the recent highs on May the 30th was 420. They started betting that this thing is going to get back into that 420 level. So, you know, a really, really good looking setup there. You got Shopify as well. Again, this is close to a very, very big breakout from the May 10 highs that you can see here. The May 10 highs and today's highs are exactly the same price. If Shopify can just get above this channel here, maybe this thing wakes up. Again, short term expiration of $70 calls that came into the name as well. Look at a name like Chewy, right? Chewy had a really, really big gap up here on earnings, consolidated for last week or so. Look at this channel here. This supply here is the 150 day moving average. If Chewy can get above this recent earnings highs, maybe this thing starts, it's next like high. So, you have a lot of value continuing in these names. Again, we talked about Intel. We talked about Nvidia. We talked about Apple. We talked about Amazon. These are really, really strong names. And let's see if the market continues to pay off all those deep out of the money. Repeat call buyers, especially into weekly expiration on Friday. So, let's talk about today's pivots, right? Today's pivots again for all you guys who are trading in the webinar. Great job. There's a lot of really good action. Unfortunately, we did not get that Tesla pivot. And again, you can see by the notes here. So, Meta 268 needs to build. Meta absolutely exploded here in the afternoon. We talked about Meta on the weekend update. Two days in a row, it got rejected off the 5 day moving average. They finally reclaimed the 268 level and traded all the way up to 272. Hey, this thing starts confirming today's highs tomorrow. Maybe get the next leg up. Amazon, here, here's a two-sided trade. Again, this is the whole point of pivots, right? We don't care which way the stock triggers as long as it confirms one way or another. So, Microsoft 330 to the upside, 322 to the downside, Microsoft finally got above the 330 area and in the process reclaimed the 10 day moving average closing above 332. Again, this thing continues to look very, very bullish. Amazon, again, here's another example, I got long on this thing as well. 2580 to the upside, 122 to the downside. Again, we are unbiased. It all depends which size confirmed. Amazon got above this 12580. Now, this is the highest close, reclaiming back the 5 day moving average. Again, nonstop 129, 130 weeklies coming into the name. Hopefully, this thing erupts tomorrow. And again, here is Google. I was waiting for the downside that obviously never confirmed. 121.20 if it builds below Conflush. Google got nowhere near that area in Tesla. This is, you know, we were prepared for, right? Obviously, it didn't get down there, but 242 in places of blow off top today, if it builds below Conflush. Again, a trade setup is a setup. Okay, it's not a trade. You're not in it. You're not assuming the stock is going to go higher or lower. In this case, again, this is exactly what we talked about in the weekend update. I'm not trying to anticipate a Tesla short. Hell, I don't even know if Tesla's going to break the previous shadow, how strong the rest of the market is. But the point is, a trade setup is what it is. It's a setup until it gets confirmed. Obviously, 242 never got close to today and the stock continues to push higher. Again, AMD broke out on Friday above 125.35. Here was the setup here pre market 129.20 needs to confirm pre market highs for more. And here was AMD, right? Here was AMD, you can see here on the 60 minute view, right? So it took out the 29.20 traded up to like 130 and a half and it came in a little bit. But you know, nice little pop here at the open. Let's see here. MREO never got to 140. Boeing, what a move on Boeing guys. Congratulations. I missed Boeing. I was at lunch. 220 needs to confirm last week's breakout area. Boeing went nuts. It put up a $4 candle at lunch. This is at lunch, which is absolutely insane. It took out the 220 area, which was last week's highs and literally put up a $4 candle going into lunch. Congratulations for you guys who grabbed that. Boeing CVNA went pre market, nothing really there. Rivian never, it stopped literally at 1361. I was looking for a 1360 breakdown. Obviously never got there. And IONQ 1135 never got there. KC small little pop here. 596 needs to confirm. Not really, you know, not really don't know anything about this KC. But KC took out the 590 traded up to 616 before it reversed back down. And oh plug plug was huge. Congratulations for you guys who caught plug on 990 10 needs to build. They were coming right away for the 10 and a 10 and a half dollar calls very aggressively. And here is plug, right? It took out the it took out the 990 10 area and closed right at the highs of the day into the 1040s looks like it still has a shot there at 11 bucks. And Cargill Cargill continues goes for all you guys who are still swinging Cargill. 2080 broke out on Friday closed at 2160 still going higher. Let's see, you know, let's see this thing continues to go higher. And yeah, this is the this is the last trade of the day. I bought some Amazon here 125 80 meets to build right up about a dollar. I still like this thing going tomorrow with the 130 call buyers. So for all you guys who are brand new to the channel, especially from yesterday, again, we're not used to 5000 views for market update. The only thing we are we're a very close knit community. We have each other's backs. We are very committed to unbiased technical analysis. If you are going to participate in this challenges understand we're not a long term newsletter who's trying to, you know, predict prices from three three weeks or no, I have no idea. Right. We have no idea. We are literally trading day by day trade by trade on both sides of the market. So the only thing we ask if you are participating in this channel, welcome aboard, ask a lot of questions, but be cordial. That's all we asked for. We're human beings. I didn't anticipate 5000 people watching the video yesterday. And more important, I didn't anticipate 3000 comments. So guys, have a great night. God bless everybody. And with God's help, I'll see you all tomorrow. Take care.