 the index point of view, right, that a lot of names apparently waking up coming out of this channel. Now the question is, does beta finally get pulled off? That's the very big question today. 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 theaxisotrader.com. Nightly wrap up show. Hope everybody is doing well. So I got it all wrong, right? I got it all wrong. And I've been saying this for a couple of videos about how index managers needed to be long Tesla prior to the December 21st inclusion. I was completely wrong, okay? I didn't realize until like three, four people sent it to me, the index managers need to be long. They're allowed to be long after the inclusion. So basically none of this is index buying it. And this is the absolute craziest part of it. It seems that if you're watching the order flow in the options market on Tesla, you'll notice especially today, we saw 550, 600, 630 weekly calls that expire on Friday. Keep this in mind, they are missing a day and a half because Thursday we are off, right? Because of Thanksgiving holiday and Friday we are on a half a day. So these people are betting this thing is going to 600 bucks with one and a half days of no market action. Think about how crazy this is. But then we started watching call buyers coming in for three and three week expiration, December 680, 700 calls. We saw a guy come in for the January 1050 calls, okay? It's basically the guy saying the stock is going to double by January. And I was sitting there, I'm like, how are these people making these crazy bets? Again, the stock is a runaway trade. We've covered levels to where blue in the phase, we've taken advantage of this move. So we're not talking about from the trading aspect. I was thinking to myself, how are these people betting this aggressively? Don't they already know that the index manager is already long the stock? Apparently what's happening here is hedge funds are front running the index funds. That's how this is why the squeeze is going on. So when there is $60 billion worth of stock to buy as of December 21st, now it all makes sense why these people are putting on these bets, 680, 700 call buying. I mean, there's a lot of money that still needs to be put into work. So absolutely, just absolutely phenomenal of what's going on in Tesla. Congratulations for all you guys have been riding the stock. I mean, every single day has been given this tremendous opportunity, but today you saw that beautiful 2025 point gap up into supply perfectly. It's sold off. And then afternoon, if you looked at my regular feed, I said that $549, $550 area. That was going to be the squeeze spot. And if you look where it took off, right, here's the $549 area and just absolutely going bonkers right now. It's up to almost $565 after hours. So again, crazy run. Say what you want about the company. If you love the stock, if you love the company, if they love the product, that's great, right? Because I love all three. Okay. And it doesn't make a difference to me which way I traded, but it obviously feels better when this thing is really, really squeezing, you know, squeezing the lemons. But for all you guys who just just don't hate, you know, hate the stock, whatever the case may be, hate the company, hate the CEO. I'm telling you, as I would tell my kids, just move on, move on. You lost. It's over. I mean, move on. There's nothing really left to talk about. You can say whatever you want about the financials, the execution, whatever the case. The market has spoken. In plain as case. Again, the market is spoken. You don't need to be mad at me or be mad. It's the scoreboard. I mean, you're looking right at it. Everybody's looking right at it. And the most important part is, again, you're burning so much energy just talking about the stock. You're either trading it, investing in it, or just leave it alone. Again, you're, this stock is going to put you mentally into an institution. If you're not physically involved with the name, and you're trading it, you know, on a daily basis, just leave it alone. There's so many other places. You could be putting your energy, putting your, you know, financially harder money, just leave it alone. It's just again, but again, for all you guys who have been rocking this thing, God bless. It's an absolute, absolute godsend. It's an absolute blessing. And congratulations for you guys who took the trade. So let's talk about today. Qs finally woke up. Okay, very, very important session today. We talked about the Qs being kind of dead in the water, man, for like three weeks, and they finally got above this 293.75, 294 area that trading in 295 after the close. Finally, there's some sort of light. And again, we're not quite out of the woods yet. If you look at a lot of names, and you'll see them, you know, Netflix still looks like crap, right? I finally caught in the video today. Finally, it was a day early, but finally caught in the video today, we'll talk about the individual pivots in the second. But again, the video still looks like crap, right? If you look at a lot of names, they still look like hot garbage, but there is a light at the end of the tunnel. At least we are seeing from the index point of view, right that a lot of names apparently waking up, coming out of this channel. Now the question is, does beta finally get pulled up? That's the very big question today. And going into tomorrow, I think you have to give these beta stocks the benefit of the doubt, right? Amazon, you got Black Friday, right? You got Black Friday coming up in a couple of days. If you're like me, if you're like you, if you're like your neighbor or anybody else, you know, they're probably me clicking that keyboard to try to get some good Christmas gifts, right? So look at this channel here. And again, this, this is basically the same channel as we talked about Netflix, right? A couple of days ago and had that really, really big spike. If you look at the chart on Amazon, it doesn't scream out, Oh my God, look how great the stock looks, look how great the stock looks. Again, the stock is going to need to really close above, you know, 3180 for it to be on breakout mode. But if you look at this range tomorrow, if they could finally reclaim this range, and you could see how many times it's got rejected here in the last five sessions, one, two, three, even today, not quite made. So you're talking about four times in this whole area here, if it starts reclaiming, then look at which room you have to the upside. So it's again, it's a play we definitely want to watch tomorrow. Look at Microsoft. Again, it's kind of mirroring the cues right now, right? The cues came out of the range and Microsoft reclaimed the 10 day moving average on a close, right? All it needs to do is reclaim this 10 day, confirm it, and this thing can wake up. Look at Facebook, same thing. Again, not out of the woods yet. But again, first close of daily supply, if they could take out this whole channel here, then it's going to go up as well. Marriott, right? Look at Marriott as well. Big consolidation on earnings, finally waking up. Again, if it confirms, it can go higher as well. So there's a bunch of names that look like this, but there's also a bunch of names that look like crap. Okay, so we want to definitely omit the crap. Okay, we know tomorrow's session is going to be hit and miss as far as volume. If you saw the liquidity today, somewhere around 11 o'clock or so, even though the market started getting stronger, it felt like more of a meltup than a range break confirmation, the macro circuit on the cues. So again, tomorrow, again, it's a day before Thanksgiving, you're going to have a lot of people that are going to be off for tomorrow's session just because, again, well, again, they're spending family time or even traveling again. The government says, don't travel. Don't travel. You're going to spread this disease out. Pandemic is going to go crazy. But again, people are going to travel. They're going to visit their families. So it's going to be very, very interesting to see tomorrow, if we get a gap down open, which again, market will never go down ever again. And again, for all you guys who, unfortunately, I have to use the word sarcasm when I say that because a lot of people turn around and say, that's the top. It's sarcasm people, right? When the market goes up this much, this fast, it's sarcasm. Of course, the market's going to go down, but not ever again, right? So it's sarcasm. Okay, learn to wake up a little bit. Again, a lot of people, their biggest problem is they're trying to figure out the market, sometimes common sense. When somebody turns around and says, hey, Tesla's going to 900 tomorrow, it's called a joke. It's sarcasm. Maybe it goes to a thousand tomorrow. I don't know. But again, it's sarcasm. Anyway, so look, the market is very, very strong. We'll see how much value we do have tomorrow. A lot of the names are still way under supply. So they need a couple of days to get over it just because the cues are breaking out doesn't mean everything's going to break out with it. So we still have to use kind of common sense, not everything's going to go up because even Apple that had a really good reversal today, really good flush first of all, really good reversal. But you could see in the daily chart, it's not like it's screaming at you, I have to be long Apple. I have to be long Apple. Again, it's still in a downtrend and it still has to reclaim the five-day moving average. Even Square that was really, really strong had a big run today, you know, got rejected and just got slammed down as well. So we're not out of the woods for individual stocks, but the cues are starting to look a lot better. And the fact that they closed above that 294 area, at least on the surface, at least are going to give these stocks, at least a puncher's chance to rally tomorrow. So again, we'll see. For all you guys who are celebrating the Thanksgiving holiday and taking off tomorrow or anybody just watching this broadcast, again guys, I wish you guys lots of love and happiness, a lot of health, you know, just smile. It's so easy to smile and the people who can put a smile on their face usually would live a much more productive, satisfying life smile. It doesn't really cost you to smile, just try to put a smile on your face and maybe life will be a little bit more sweeter. So let's talk about today's pivots. There weren't a lot of them, okay, but the ones that triggered, the ones that confirmed, really did roll. And just because we were kind of in no man's land pretty much the whole day, I knew I didn't want to get long market because we had such a big run up into supply. So we were kind of waiting for that downward flush and we got it and we got it pretty well. So I put 475 on Netflix, it traded 47580, so never got down here. Apple, Apple and the video were the two big ones. I missed Apple, I caught in the video, Apple 1370, if it builds below can flush. Here was Apple, we talked about Apple last night in the video, right? Here was the 1375 and went right to the next support of 1250s. You'll see in a second, I said 1230s, 1250s is the next support. It traded there perfectly. I was a day off, right? A day off, square never got to 210. Bowling again, congratulations to all you guys who have this overnight. Traded right to 220 supply, great job there. I traded it yesterday, I took some cash flow on it yesterday, I couldn't figure out why I didn't crack it. Well, they finally cracked it today. 520, if it builds below, can flush. Here was NVIDIA. Here was NVIDIA, here was the 520, right? Here was the whole 520, just got pounded. My lowest cover was 516s, I was pretty happy with the cover. And it's still, the funny thing is, it still looks like crap. So I still want to watch this thing to the downside tomorrow. But again, today was one of those days that you really had to be patient for the pivots. And again, here was Apple. I said 1230, 1250s support traded at 1259. Really nice move there. Again, beautiful. Just absolutely beautiful. And again, the two things I triggered did very, very well. I said, hey, not bad. Considering for the lack of value that we did see this morning, really not bad at all. So good job for you guys who took it there. Nothing on Zoom. Ttd put up like a $10 candle. 848, 850 needs to build. I mean, it did okay, but it just so thin, right? So it took out this 848 level. It went to 859. So put up a $10 move. It still looks higher for tomorrow. Again, if the market rallies, it should rally as well. Again, and here's the big macro break. 293, 80, 294 needs to build. And here are the Qs, right? Here are the Qs. 293, 75, 294. And they pretty much trading at 95 and change right now. So good value. The key is again, guys, every single day, you don't need to trade 200 stocks a day. That's not what it's about. It's all about getting value. Some days you'll have five pivots. Some days you'll have one pivot. The key is it's not about how much you trade. It's how many you trade properly. Guys, have a great night everybody. God bless and God's and God willing. I'll see you all tomorrow. Take care.