 If this thing can just confirm tomorrow 3250 guys, again, look how much room we have. Again, if you believe in the theory, stocks trade from supply to supply. 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. Hope everybody is doing well. Hope everybody had a good session today. Again, I want to send good wishes and good fortune, good spirits and all that good stuff for anybody who is in the Northeast, especially in the tri-state area, we're about to get hit with like two feet of snow. So hopefully you guys have a lot of supplies, your generators are working, you have food and more important, you have your health and your family. So hopefully again, it won't be as bad as they say, but they did say up to two feet over the next day or so. So we'll see what happens. So is it finally time for the mega cap technology names to wake up? Okay, that's the million dollar question. We've seen periods of a lot of really good strength in Amazons, in Facebooks, in Apples of the World. And then also we've seen, after their initial move, we've also seen these stocks do nothing for the next two, three weeks. So it's one of those scenarios that I'm going into tomorrow's session really hopeful. Okay, I think that's the best way of saying it. And what we've seen now over the last week or so was starting to get a little bit of confidence that yes, as much as we talk about the EV names and the SPAC names and everything that goes along with it and these little biotech stocks and so forth and so on, but more important, is this finally the market? Is this finally the match that's going to light the fluid that's gonna really have a towering and furrowing effect on the first quarter of 2021 with these mega cap stocks? And we started getting those answers about a week ago and it started with Netflix, right? You guys remember Netflix was a beautiful move here and then did nothing for the last few days and then it finally woke up a couple of days ago and now it's really attempting to come out of this channel again, looks really, really good. Apple yesterday had a really big move above this 26 level, huge order flow again today. Even when the stock was taking a little bit of profit taking this morning, you start still seeing people on dips like literally on repeat going for the 130 weeklies, the 132 weeklies, we even saw some pretty good aggressive call buyers coming in for the February 145. So really good order flow there. We've been speaking about Amazon. We talked about Amazon last night. We've been talking about these levels on Amazon for a long time and finally, and again, we'll get to individual pivots in a second. This is a monster in the making. It finally reclaimed the 50 day moving average and as we started talking about last week, again, the series buyers is still there and they're coming in with really big money on the line. They're coming for the 3,200 weeklies in the money, the 3,300 weeklies. Some guys are coming in for the 3,400 weeklies and the reason why they were coming for the 3,400 weeklies is you see this little channel here. This is the last line of defense for the bears. If the bulls can reclaim this channel, this has nothing but air folks. This is literally 150 points, at least 150 points, nothing but air. So you could see slowly, but surely Microsoft, right? Kind of the same pattern as Netflix to the same pattern as Amazon, right? It's coming out of this area here. First close above supply. So really, really bullish. Chipotle got upgraded today, went absolutely bananas, right? Took out the 1360 pre-market pivot, confirmed 1385 and went all the way up to 1354 Shopify, right? On the heels of Amazon. Again, came out of this channel, confirmed this macro channel and the only reason it didn't go higher today it got stuffed at the linear regression line. But look how close it is, right? To coming out of this whole, whole channel here. So it's one trade, literally one trade at a time, one move at a time in a lot of these names, but slowly, but surely there are starting to, you know, starting to get some life. And as we say all the time, as much as it's cool, you know, trade, I can put it this way, we traded some stock today, ISR for all things. Again, it shows you how incredible this market is. This thing literally went from 45 cents to 53 on an upgrade of all things from Oppenheimer of a dollar price. So again, it does show you how much speculation, money there is still in this market. But at the end of the game, as much as I, you know, I don't mind trading these little suckers. When you see an Amazon coming out of a channel, when you see a Microsoft coming out of a channel, when Apple did a fantastic job today, put it in an inside day, you can see the volume yesterday, monster volume, a third of the volume today, it closed right at the middle of the channel here, putting an inside day, which is super duper bullish. And if this thing could just reclaim this 28, 29 level for tomorrow, this thing's gonna have upside as well. So we're set up, man, we really are set up. It's now the time for the bulls, right? The mega cap technology bulls to finally live with prosperity. That's the best way we can say it. You know, how many times have we seen through 2000? You got a big move and do nothing for three weeks. Got a big move, did nothing for three months. It's time to shine. Okay, bulls, it's time to shine. And I have to believe, and this is kind of my whole theory for 2021. I don't even remember if I even shared it. I do believe the amount of new money raised by hedge funds and index funds, right? The people who are raising money to the fourth quarter to getting new money, new customers, they have to put their money somewhere, okay? And if you are a technology fund, there's no better feel good places to go to than beta, the Facebooks of the world, the apples of the world, the Amazons of the world. So if they don't drop the ball, and I'm hoping, and again, the only thing you could do right now is just literally hope, if we could finally get a second wave of these stocks confirming today's channels for tomorrow, then we are really set up into not only a strong seasonal finish into the end of the year, but we're finally set up for these stocks coming out of bottom, right? And think about it, they're all coming out of bottom or mid basis. And if they do start confirming these prices, we should have a really aggressive year end, okay? And a very, very aggressive start for 2021. So again, fingers crossed, all we need to do is for them to reclaim tomorrow, today's channels, and I think we could get a day to run. Again, we've said that a lot of times in the last three months or so, so again, the bulls in your court do not fumble it. So let's talk about today's pivots. And again, it was very, very important to see that these things not only woke up, but woke up with a lot of option flow. Matter of fact, we started seeing towards the end of the day, a buyer came in for the December 31st, 550s on Netflix with some pretty good size. So you're starting to see not only the names are coming out, they're coming out with a lot of speculation money, betting on a future result, better on future price action. So it's very, very important. So let's talk about today. Apple almost got down to the bottom of the range here. And I talked about Apple this morning. I said, look, if it could get down to the 126 30s, it should add some pretty good support for a bounce. Unfortunately, it got down to like 126 50s and never got there and bounce. And it went red to green for a little bit, put it on a high of 128 30s, but it was kind of obvious. We talked about this in the webinar. It was probably gonna have a res day after it's really, really exaggerated move yesterday. It was good to see them not only defend the bottom range of the 60 minute channel, but actually go back to green. And again, it didn't fail today. It was just resting. So I still like Apple for tomorrow. And if it starts reclaiming channels, it's going to absolutely explode. Chipotle 1360 needs to build a $1,500 price target from Stifle, I believe. And there was also, and not only was that, right? Not only that, then I turned around and said, look, not only that, but there's a 1385 52 week high huge spot. And here was, you know, here was Chipotle, right? Here was CMG. It took out the 1360, right? Took out the 1360 pre-market range. And then it took out 1385 and it went all the way up to 1420s. Congratulations for all you guys who caught that trade. Tesla, again, we're one day away, theoretically, logically, you would think there'd be one more run up, right? And Tesla, ahead of the inclusion. But again, what we've learned a long time ago, there's no such thing as logic when it comes to trading. So again, we'll see, we'll see what happens there. Netflix, again, went at the end of the day, 525, only went to 527, I still like it. I still still like it. Again, call buyers are starting to come in. In the video, I'm convinced. Every time, I have to stop talking about the stock, okay? I'm not going to talk about this in the video anymore until it starts confirming channels. What are you waiting for, for God's sake? Just asking. Amazon was definitely the biggest move today. Amazon 3192, 3193 needs to reclaim a bunch of near term, 3233, 3400 call buyers came in. Amazon absolutely exploded, right? So it took out this whole channel here, right? This 3192, 93 level just exploded into 3247. If this thing can just confirm tomorrow, 3250 guys. Again, look how much room we have. Again, if you believe in the theory, stocks trade from supply to supply and demand to demand, any close tomorrow above 3250, folks. And I know a lot of you guys are holding on to calls. Any close over 3250, this thing has at least 150, 200 points in it, so yeah, there's a lot of potential. You could say there's a lot of potential in Amazon. Be my still like, never got close to the $39 level today. This SPAC name I was watching, never got close there. RKT, never got close there. Chipotle, again, when that's blink, congratulations for all you guys who caught some blink. There was a PR on blink, charging, smarging, Arizona, something, blah, blah, blah. Anyway, took out the $30 area, went almost to $32 big, big move there. It still looks higher. It does still look higher for tomorrow's session. Amazon, again, like I said, any close over 3250 is epic. It portrayed it today to 3247. Apple, again, getting stronger. Again, call buyers are coming in, Feb 145 buyers are coming in, so Apple is set up just a good res day for that. By do I kind of like for a blow off top, JMIA, I kind of like going into tomorrow as well. And there was actually a really cool trade here after the close. Again, we started putting a lot of these after hours plays. The funny thing is they actually work really well on the smaller cap names. NXTD was definitely the big one this evening. NXTD took some early profit taking, came back in, reclaimed $92.93 after hours, traded all the way up to like $103 in the after hours. SLCA really didn't do anything. It traded up maybe $0.15, $0.20. It still looks higher, but again, this was specifically for the overnight play. So, we're definitely set up tomorrow. We are definitely set up obviously any week open today, tomorrow into rising 60 minutes support, especially in Amazon, especially in Apple, in Netflix as well. If they start gobbling up and defending bottom ranges, we should have another premium session for tomorrow. Guys, God bless, have a great night everybody. Please stay safe. And with God's help, we'll see you guys tomorrow. Take care guys.