 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 Update. Hope everybody is doing well. So dad's job is never done. I'm going to record this video really, really quick. Get you guys set up for tomorrow's trading session, and I got a softball game followed by a basketball game all summer long, which is great. It's exactly what we want. It means life is getting slowly back together, back to normal, and kids are enjoying themselves. And it has been so rough for your parent for, you know, a lot of the kids has been mentally so grueling over the last year. It's so nice just for them to kind of go back into routine. So let's talk about it really, really quickly. Last night, you had a pretty mixed bag of earnings. You had Google was very, very good. You had Microsoft, not so much. You had AMD, pretty good. So we were kind of having a pretty mixed bag going into today's session. And the question was, who was going to take control? So if you look at the indexes today, you're not going to get a really good sign, a really big indication of what was what. Number one, you had to down 164 points, which is not a big deal. You had the NDX down about 58 points, not a big deal. But what was a big deal was the kind of the follow-up on the strong performance, for example, on a Google or on an AMD of what was going to happen today. And we started the day pretty aggressively, right? You had big, big moves coming out of Google. We caught a really good opening range play on this thing off this 2397 level, really, really big expansion moves. But you had names like AMD that were very, very strong last night, completely gave it all up. And if you look at a lot of names, especially in the first part of the morning, it felt like a really intense aggressive reversal was about to come. And when you combine that with Boeing news, and for a second there, I actually thought that Boeing actually had a shot to go red to green. Just because it was down like $2, $2.5 after its earnings, it really wasn't doing anything. And then obviously it spazzed out and went lower. But the question today was what was today's action going to spill over into tonight's earnings? You had Apple coming out, you had eBay coming out, you had eBay, Apple, Qualcomm coming out, and obviously Facebook. And there was a big, big numbers and there were big bets all over the place. This morning and yesterday, you saw the weekly call buyers coming in on the 140 weeklies on Apple. You saw the 320 weekly call buyers coming in on Facebook. And the question was, were they going to kind of reiterate the point of what Google did last night? Or is there going to be one of those scenarios that big, big runs like a Microsoft did too much too fast and profit taking skew the shares? And we got our answer pretty aggressively today after the close. And we'll get to the pits in a second. What I liked about today's trading action was, if you guys remember last night or that last night's video, you had a lot of initial big moves, right? Like the Roku's of the world and the videos in the world yesterday, the squares of the world. And then they just all died, right? They literally all died an hour into the day. Today's session was much more orderly, okay? Whether it was the Google opening range highs, there was some smaller names. There was a kind of something for everybody, but definitely the fireworks came after the close. I started putting pivots in right before, you know, right after the close for Facebook, for Qualcomm and for Apple. And it was incredibly important to understand the macro channels where everything needed to reclaim. And once Qualcomm, once Facebook and once Apple came out and beat their numbers pretty well, it was a really, really aggressive move, especially in Facebook and in Apple. I think going into tomorrow based on the weight of where Apple is and the weight of Facebook is, you have to love what we're seeing for tomorrow. And Thursday, you know, you got Amazon, right? You got buyers coming in, you know, all week, you know, literally all week. Even if you take apart and put aside the fact that, you know, that rumor came out, traders circulating that there was a split by Charlie Gasparino on Fox Business, but even taking that aside, people and traders are positioning into earnings. You know, you're talking about on Amazon, short term, weekly and monthly expiration for the 3400, the 3500, the 3600, we even saw as high as the 4000. You know, everybody's talking about they should split, they should split. If that ever happens, that happens. If it doesn't, it doesn't. But if you're watching Amazon tomorrow and you're talking and you hear the word split, just close your eyes and click your mouse because the stock will get very, very aggressive and you have to be prepared for that. So going into tomorrow, there's a lot of value, right? Let me give you some names that I actually do like going into tomorrow's session. This ETWO, this is a SPAC and usually I wouldn't look at this thing, but I'll show you a pivot in a second. So it pivoted today, closed above this whole entire channel. This is an $11 stock. We saw a nonstop today, the June 1250 Collar buyers coming in very, very aggressively, one on top of the other, on top of the other. I really like this thing. This thing starts taking out a macro channel and going into tomorrow. Then you got this $12 on deck. And if it takes out that $12, you can get a really big move after that. AI, I've been talking about AI for a couple of days. It's just getting tighter and tighter here, really, really tight, very, very aggressive. I'm still watching this thing. If this thing gets above this channel here, there's a lot of room. I have to check the earnings date, but there's definitely, definitely a lot of room for potential on this trade. A name like letter U, right? Another one of these 2020 IPOs that were just kind of forgotten, right? Kind of forgotten, had that big run. And then the shares got caught in half. Again, look at this channel here. Again, it's starting to get really, really tight. If this thing starts building above this supply zone, this thing could explode. So there's definitely good value on tap for tomorrow. Obviously, opening range high plays on Facebook and Apple, even Qualcomm. Even Qualcomm had a pretty nice quarter that's all on the table. But the most important part, guys, like I've been saying every single day, you're going to have a different personality every single day of the week, right? Momentum is only as good as the next day starting pitchers. So again, I'm a huge Yankee fan. Garrett Cole could come out and fire eight innings and strike out 14 and get the victory. And then Jordan Montgomery could come the next day, get blown up for seven runs in an inning and a third. It happened. So you have to adjust towards market sentiment. You have to adjust towards the landscape where we are. And right now the market is very, very good. If you look at the cues right now after the close, obviously, because the moves, especially in Facebook and Apple, you're getting a big move here. You're getting a move here to the 341 level. So you're talking about a $2 gap here just on these earnings after hours. Let's see, right? Let's see if the momentum can continue. But this is the macro number right now. Going forward in the cues is 342, 30s level, obviously very, very important. The Russell continues to grind. Again, here's a perfect example of the Russell getting above the supplies on. You can see it. And every single time it touches it, it goes back up, touches it, goes back up. So it's putting in a nice base here. If the Russell can start reclaiming 228, 70s, 229 on a close, then it's going to go to all-time highs. Very, very impressive there as well. You have the spies kind of going in this Holden pattern, digesting earnings, kind of waiting it out. The sellers look pretty comfortable at those levels. You can see, even despite the Dow and the Nasdaq 100 being down, you can see the spies did nothing, which is a good thing. Again, sellers are comfortable at these levels. And that's exactly what you want to see instead of very, very aggressive profit taken. And obviously, the Dow has just been the superhero all year. A little bit of consolidation here in this range for the last two weeks. But does it really make a difference? The Dow is only 30 stocks. And at the end of the day, it's this very, very small taste of what the general market is. So let's quickly go through today's pivots, right? Quickly go through today's pivots. And then I got a run. I got softball. I got basketball. I got dad things to do. Anyway, guys, so yeah, like I was saying this morning, watch a possible red-to-green on Boeing. It didn't sound like the quarter was that bad. And again, was anybody really optimistic about Boeing's quarter going to today? So I figured, hey, listen, there's a shot. It's only got a couple of bucks after they came out with earnings. Hey, if this thing just goes red-to-green, there's a shot, obviously. That never happened. GSX35 rejected twice pre-market on Goldman Sachs upgrade needs to build. Here was GS, right? Here was GS. Oops, excuse me. Wrong stock. Here was GSX, right? Here was GSX. Here was the 35, right? Here was the 35 area pre-market that it kept on building, right? 35, 35, 35, right? 35, 35, finally get up to 35 and went all the way up to the 3650s level. Nice little move there. Netflix never got down there. Hig actually liked the daily chart, but the stock got murdered because their deal, I think, fell apart with Chubb. Chubb, Crocs, nice move, huge move yesterday. There was two ways to play this thing, potential washout on the 9580s or a base above 99 on the 60 minute. And Crocs put up a nice second day move, had big move yesterday on earnings. It took out this whole channel here of 99 and went all the way up to 103 before reversing, really nice move on Crocs. Pinterest actually lost some money on Pinterest. Not a lot, but whatever. I lost about 83 cents. Unfortunately, I didn't take the 68 short. I took closer to 67. And unfortunately for me, there was a reload buyer at the bottom of the range combined that with SSR and they squeezed me for like 80 cents or so, nothing to the world, but it is what it is. Airbnb, 180 needs to build. Here's Airbnb. I still like Airbnb. They also came for next month's $200 calls. It looks like they're positioning into earnings. So here's the whole channel, 180. It went to about 180, 167. I still like it. I still think it could stretch out to this 186 level. Looks really good. Space never got to 24. Letter U, I still like. AMD rejected 90 several times, never got there. Crocs take on the way up. Yeah, Tesla. It was a funny thing. It's Tesla. I got rejected also. So I got long off the 708 and it got rejected there. So I lost a buck on there before you cry for me. It was an awesome opening range trade on Google that I caught for 23. So that was good. CRM, great job for you guys for holding this thing. Finally starting to stretch today. I traded up almost to the 239 level. Really, really nice there as well. ETW, we just talked about that a couple of minutes ago. 10, 90, 11 needs to build. Nice looking chart. It finally broke out today above this 10, 90, 11. Now it needs to attack that 12 to complement those June 12 and a half call buyers that came in. AI still likes. ECIV is still like. Shout out to my man. I put the Crocs pivot specifically, specifically, especially specifically for you. So good job there. I hope you did very, very well with it. New highs as well. And here's where the fireworks really, really started guys. I put all these pivots in for earnings. Apple 135, 50, 136 for those who are playing earnings. It needs to build right now. Apple traded as high as the 39 and change. 316 for those playing earnings. Just in case Facebook takes out the 316, Facebook right now is at 325. And Qualcomm again, sticking to the theme. 141 needs to build for all you guys who are playing earnings. It's so important right now. Qualcomm is trading into the 43, 44s. It's so crucial to note the areas where they need to confirm macro. So there are no surprises. So you're not randomly chasing stocks into earnings. Everything needs to be calculated. You need to know your supply and demand zones before the trade starts so you can mechanically move along and not emotionally chase. So guys, I have a great, great night. God bless you all. The video will be posted into my Twitter feed later. Not sure who's doing it, but somebody is doing it. I think Kyle is on vacation. Have a great night everybody. God bless and I'll see all of you tomorrow. Take care.