 The following is a presentation of TFNN. The TFNN Bull Bear Trading Hour. Every trading day, live at 10 a.m. Eastern. Call now, toll free at 877-927-6648 or internationally at 727-873-7618. The TFNN Bull Bear Trading Hour. Now, Tommy and Tommy O'Brien. Welcome, folks. Appreciate you growl at a problem with us here. We have the Dow Industries down 197. Nasdaq got 53. S&P's down 21. Gold contract up $4.40. Trading at 12.81 an ounce. You get Silver up 8 cents. $14.40 an ounce. Light Sweet Crew. That's taking a hit this morning. Down at Buck 40. $57.74. I heard the update was down to 57.20. Somewhere like there, yeah. Big numbers. Yes. Notes and bonds, folks. Bottom line. Higher price, lower yield in a huge way, by the way. Ten-year note up 11.6. Trading 125.23. That's yielding 2.2 right now. 30 a bond of 28 at 152.29. King dollar. King dollar up 138 at 97.980. The euro is at 111 to 1 US dollar. The yen is at 109. And the pound is out here at 126 to 1 US dollar. Let's go over to our man, Mr. Kevin Hinks, a TD Ameritrade Think of Swim, as we do each Tuesday, Wednesday, and Thursday. And don't forget, folks, every trading day right here, outstanding program, 11 to 12 each in standard time. If you want to understand option strategies, futures, great program. If you haven't test-driven yet, the Think of Swim platform, real easy to do, come over to our website at TFNN. Hit the banner. Bring it up to a lot of trade paper money, along with Kevin and his team, each and every trading day. Kevin Hinks, what's going on? Good morning, Tom. Good morning, Tommy. You know, this whole morning that was already starting out to be pretty interesting is going to get a little more interesting. Yeah. I think with this news that Mueller is going to make a comment here at 11 Eastern, which is 10 o'clock Chicago time, 11 year guys' time, I think this market's going to wait and see what he says. And so that could be another leg in either direction, frankly, for this market. So, you know, in a day where it's already a big move, things might get a little more dicey. Yes. And, you know, as you were coming back from Florida yesterday, right? Yes, I was. If you didn't see this or know this, right? What happened yesterday at the close, Kevin, when you later on, if you pull this up on your Think of Swim platform, what do you see this? What happened, folks, at five or four last night is that a portfolio got sold and it was a monster. There's not one equity, a major equity that you can pull up, Kevin, that didn't do either 10 to almost 20% of the volume for the whole day. Wow. Oh, this is crazy, Kevin. When I was live on the air when this came across, we ended up doing 1.4 billion inside the NYSE and we did inside the NASDAQ, okay, we did 2.3 billion, but if five or four, those numbers were like really small because it was still almost a holiday, right? Sure. And then what I did, the next hour, I had pulled up almost every stock and it was like the last trades, you could see it. It was crazy, man. I wonder if there was some type of market on close unwind. There was an unwind, I know, man. I just had to bring it up because it's unusual that you see that. I went from all the Dow stocks, every single one of the Dow stocks, every single one of that, I went to about 30 of the NBX100 stocks. It was pretty extensive, man. Someone is very happy this morning, I can tell you that. Especially if you think about it because it's not the end of the month, it's not the end of the quarter, right? I mean, it was a Tuesday, the beginning of a week. Kind of interesting. It'll be interesting if we can find out what that was. We'll see if some people here can do some research on that. No, totally. When I was looking at it, let's picture if we're all money managers, you're still up 18%. I was looking at it and I was like, hold it, man. It's June 1st and it's like, if someone wants to get out, you're up 18%. That's a lot of money, man. Maybe someone just said, okay, this is it, man. Maybe get out. No one would be expecting that. You know what I mean? It's like, okay. So who's on the other side of it? But it's pretty intense, man. And you're right. A lot of people, Tom, if you asked them, especially with the way 2018 ended, if they could take 18% higher in 2019, would they take it? I bet most of them would have said yes. Oh, big time. You're right. So what you could see here is a second half of the year where this gets just a little choppy. It doesn't mean it's going to sell off. Corrections are all different shapes and sizes. Right. But yeah, I mean, someone chose to lock in some money at these levels. That's the dumbest thing in the world if your belief is that this market could go lower here. Right. And when you bring this up, when you bring the market up in general folks, I just think we get a monster consolidation. Well, the problem could be some money managers that the bottom of the consolidation is the December low. So it just depends on where you end up next December. Do you know what I mean? It's like, okay, we could end up at the highs, but guess what? You could end up at the lows too. And they're getting paid to run money. So it's like, hey, they're probably saying, hey, I'm pretty close to the highs right now, man. Yeah, the bar market with their expectations of rate movement in the second half of the year, they're telling you something. So if a slowdown is imminent or on the horizon, that 18% might look good at the end of the year. I'd take 18 every year. We were talking about TEPA. It's hard to even comprehend how that guy could compound 25% a year since what, 94? 93. I mean, that's unbelievable, man. Yeah. If you're going to get returns like that, he uses options. Yes. That's the first thing that pops into my mind is he uses options either to covered call strategies or cash secure puts. I don't know what it, I don't have a forensic look at his account, but I would bet someone with returns like that on a consistent basis is using options. No, I'd agree, because they had an article yesterday and we were going through in 2000 he went down like the rest of the market. Not as much, about 25%, but he came back dramatically. And the same with 2007. He went down, but then he came back dramatically. That totally makes a lot more sense now. Yeah, no one's going to go, when you have total market sell-off, there's very few people are going to come out of that unscathed. It's just a matter of where you're presenting yourself to over-achieve when the market does recover. Yes. There's no doubt. This is what's so cool about options folks. What does happen in downdrafts like that? Well, those calls the calls basically no one wants them, so the market is skewed anyway, do you know what I mean? The puts are expensive. The call is like, you want to buy a call? Here you go, take all you want. And then at the highs, of course, it's just the opposite. So when someone does turn and that article even said that he has big contrarian bets, for sure. His volatility was higher than the market too. So it could be a lot of things that he added to and it depends how he leveraged that account. It'd be interesting to know to find that out though. No, there's no doubt, no doubt. And then today, guess what, you know, you get dicks going top side, we got up in front of Crombie, just going the other way. I'm pretty impressed by dicks, which everything we've seen in terms of the retail sector and everything for them to beat and guide, that's pretty impressive. Now, it's been beat up a little bit, but that's a good comeback by them. No, there's no doubt. Folks, right here, 45 minutes to now. Kevin, you have a great one, safe one. We look forward to the show. Thanks for having me out, guys. Thanks, Kevin. Stay right there, folks. Crombie and I are coming right back. Our phone number is 877-927-6648. Coming right back. The Taz Profile Scanner is the most revolutionary piece of trading software that you will ever try. Wouldn't you like to approach the markets with confidence? As you begin your trading day, it's likely that you'll be faced with lots of decisions. In order to make the best decision, the first thing you'll need is a strategy that will help you minimize your risks. Whether we're in a bull or bear market, a good strategy is to have the tools needed to help you scan and analyze the markets before you trade. The Taz Profile Scanner constantly scans and filters over 2,500 global financial markets, such as stocks, ETFs, commodity futures, and forex. 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TFNN has launched our brand new website. You can still visit us at the same tfnn.com URL, but when you do, you'll see a new and improved homepage with a much simpler navigation, whether you're watching Tiger TV live in high definition or just accessing your newsletter subscriptions. We even have new pricing in six months and yearly options. Check out the new tfnn.com now and experience all the upgrades. tfnn.com educating investors. Call now toll free at 1-877-927-6648 internationally at 727-873-7618 Folks, Dow. Dow is down 157. We get the Nasdaq off 34. S&Ps are down 16 and we get that 10-year nose. Because this is something else. You talk about a fast move, folks. This is pretty amazing, actually. So we're 2.22 and what, five days ago you were 2.43. Yeah, about two tenths of a percent. Amazing. Then if we take a look at this, what you're going to see, what's glaring at us now is that 2%. The top of the 2.01, the top of that is 2.16. Now, we break that. Then your bottom line is going to dig into 1.7. So, I suspect it's got to take a little break. We'll see when it gets there. But it has basically volume behind the move. It has all of the above. The amount of volume is that it was incredible. And what had happened is that on Friday the CTFC had come out with the every Friday they come out with the longs and shots inside the future market. And what had happened is that look at that, 814,000 contracts in a 30-year, which you don't see that. That's yesterday, right? But that's my point. The amount of volume that came in here and the amount of volume that came in the 10-year with the story on the CTFC, I didn't look at the 30-year bond, but on the 10-year bond, that was the most amount of shot positions that they reported at the close of Friday since November of 2017. 4.2 million contracts. So, we keep going back and forth, though. You keep saying on Friday and then we jump to Monday, though, right? Because what I'm talking about is the CTFC reports on Friday how many people have shot the 10-year bond and it was the biggest shot position since November of 2017. So, you can see why people got to close their positions. They're on the wrong side of this trade. So, bottom line is that these rates are going lower, but they're going lower very quickly. If we take a look at the Fed fund futures, September just got over 50, 61. For a cut, yeah. Which is pretty intense, man. Look at December, it's 86. October, 71. So, and we take a look at the world rates. We're still I'm still high. You get 2.2. Germany's in the negative. Netherlands, Switzerland's been in the negative forever. Pretty wild, man. Some of the higher volume equities out here. Let's take a look at them. So, you got... Well, Abercrombie will go over there for a second. It actually will stop there because you know what's interesting is that this stock already came back from the dead. So, when you pull up the chart it's really not that bad looking. It looks like it's a monster consolidation. I wouldn't want to be in it, but when you actually pull this up it doesn't look to me like... I get things that they have to straighten out, but it looks like the... Well, actually when I bring it up longer. I just probably brought it up for 10 years, folks, and it doesn't look as well. No. The other thing I'll just add to it in this sector, right, where you better pay attention when things change quickly in terms of, you know, you're either going to succeed or you're going to fail when you're talking about retail clothing. And then if the taff's going to place this is what's going to happen. After 25% folks is going to be on clothing. So, they're going to get hurt. I think that's... Is that June 1st? I'm going to get to find out what it is. So, whatever day that kicks in, if in fact that ends up kicking in, that's going to be a problem for retailers in general. Yeah, this is a disgusting chart. Actually, this actually wants to go to $12 to $8 near it, $19. And I wanted to see that. I heard the flagship stores. I want to know what the stores are. Let's see. Yeah, maybe try that one. So, let's see. Yeah, it's plunged 24%. Same-store sales rose 1% company-wide. Trailing at 1.4. Yeah. They have the Hollister brand, I guess, which targets teens. So, sales growth really starts to taper off. So, I think when you're talking about younger people, maybe bringing them in line for future customers, the whole deal. So, that's one of the more important brands that they're selling there to the younger customers that, you know, yeah, it's growing at 2%, but a 3.4% growth was priced into that stock. And then there's the three more flagships, including Soho, Hollister, NYC. Yeah. This will bring the total of flagship closures to five since two years ago, 2017, and more could be coming. That's a big thing, too, because it's going to take a lot of time to make sure that they're selling it. Yeah. That's a big thing, too, because this is all about being cool, right? Then those stores, like the big stores, teens being cool, right? Yeah, I mean, in general, right? In terms of, like, if you're a high-flying company doing well, you don't need to close your store in Soho in New York City, because that doesn't even have to be a profit maker, because it's a brand-awareness type deal, but they're saying, no, no, no, we can't handle that right now. I think we're going to call her. Paul, and Henderson, Nevada. What's going on, brother? What's happening, gentlemen? Good morning to you guys. Good morning, Paul. I called about Litecoin and Ripple, but this morning I traded that A&F. Yeah. Great setup for a day trade. Took it short, right at as it broke underneath 20 bucks. It had a clean pre-market level. And it also had the daily level right there at about 20. And then a quick flush. You got a quick point out of that and see what's next. It looks like it's going to break again, maybe down to 18 today. Paul, just give yourself about, I think I can give you about another 24 hours. I thought when I was looking up as a producer to send this in, you were going to be calling about the minerals, okay, the rare minerals, because you are going to be trading those in a second. So, yeah. Yeah, let's do the Litecoin first at the cryptos in general, but then we'll go through into these. What has happened, folks, is since you know the the other 25% TAF got announced the rare minerals have taken off in a huge way and a lot of them traded overseas, but I was looking at them this morning. There's action in those things, and so you're going to hear a lot more about them. I did already. So, Litecoin, let's take a look at Litecoin out here. So, we're 116, huh? You know what, when I called in about a month ago, when that thing had like a really clean pattern at $70, I hope some of the tigers were able to take advantage of that, because it's up about 70% Look at that. We also talked about Ripple that day, and Ripple as well up about in the last month 55%. Man, they look nice. It hit the first Fibonacci the 2-3. So, part of my trade is getting peeled off now, but I'm expecting to look... Congratulations, man. It looks like it wants to pump. It's a different type of trading with long time, but they move just so fast. This time, they're a little slower, but they're still pumping good. See, it's interesting that when you hear in there, folks, it's nice when you trade the same vehicles, because then you do get a better understanding of how they like to move. Stay right there, Paul. Tommy and I are coming right back. Our phone number is 877-927-6648. Be right back, folks. Hi, folks. Tom O'Brien here. If you'd like to get my daily newsletter you'll have time to sign up for a 30-day free trial. Every morning by 9.30 I send out my morning letter to subscribers with market commentary on a variety of markets, currencies, and commodities to keep investors up-to-date on the day's trading action. Included in Market Insights are specific buy and sell recommendations for stocks, ETFs, and even options, which stops and price targets included for every trade in my newsletter. If you'd like to try my newsletter risk-free for 30 days, then head over to the front page of TFNN and you'll find Market Insights under Trading Newsletters. I use my years of trading experience to bisect and dissect the market every morning and give my subscribers the most important information they need to know for the day ahead. I even issue afternoon updates for my subscribers whenever warranted with important market action. I'm always scouring the market for the next great trading opportunity. 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The Art of Timing the Trade Chart is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days, weeks, or even months searching to find. And right now, we're offering licenses available at only $79 a month. We are so confident that you're going to love this new charting software that will even give you a 30-day unconditional money-back guarantee. With this piece of software, get your copy of The Art of Timing the Trade Charts today by visiting tfnn.com. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of tfnn.com. Welcome back, folks. Dow. Dow is down 143. Get the Nasdaq off 28. S&Ps are down 13.5. I'm Henderson Nevada. We're talking cryptos out here. So you're going to take a little off the table, which is always smart. Let's start peeling it off, but I think that it's going to hit the 382, which would be 174, which seems still like from here. I mean, it just broke. There were some really good trades over the weekend. Some really nice four-hour patterns that formed. But it looks like this thing, it looks pretty good. I like this pattern. I'm expecting the 382, but I can see that's a good pattern. Yeah, no doubt I can see that. Good action. And as you know, it's funny because Tommy and I were leaving on Friday. We thought that the long weekend. Well, actually we were talking to you, weren't we? With the cryptos, right? That we could be a good weekend, right? Yeah, and you got Bitcoin 8700 holding Strongland. 8700, yeah. So here. You're going to bring up... Now, you're going to have to hunt these a little bit. So this one here is in Australia, all right? Lioness Corporation. And you're going to see the low for the EFOX is 148. The high is 278. This is a minor. And you're going to see, though, from... What is that? March 25th? Yes. March 25th, the stock's at $1.55. You're at $2.80 now. These things are running, man. And I'll show you something. Watch this. What's the ticker on that, Tom? It's L-Y-C in Australia. In Australia. But here, I'll get you the list. You'll be able to hunt it. There's a few of them that can trade here. And you can see the last time that this ran, it ran from 75 cents in February of 2009 up to $27. Doesn't mean it'll do that. But this thing's running, man. Now, watch. If I go like this, when I put an RV on this, folks, what it shows is that all these other equities that are inside of that whole business... Looks like they're all in China. Yeah, no, no, no. A lot of them are. They are. And that's where the retaliation's going to be. Oh, of course. But you're going to hear a lot more about this, because when these things... I remember the last time they ran, they ran and they fell apart as soon as everything went back together again. Do you know what I mean? But they're really important, because they only... evidently, a lot of the phones indeed, the things that we actually need, you need a small amount of whatever this rare minerals are. And so when they run, if someone is going to try to basically, you know, not sell them to outside of China, because China has evidently the most of these on earth that are under-earth so far. Yeah, I guess they're everywhere, so China has the ones where they can get out of the ground at the best price to be. Exactly. Exactly. So... Nice. I'm going to look into these right here. I'm always looking for new volatile instruments to trade. Exactly. Exactly. You got to love them. Oh, cool, man. Well, that's... Keep an eye on these cryptos. They look hot, so we'll see how this shakes out over the next couple weeks. We love your feedback, man. Thank you so much. Thank you. I appreciate it. Thanks, Paul. Take care, man. Have a safe one. Let's go to Mark and Bedford. Mark, what's going on, brother? Not much, Tommy. Tommy, how are you? Morning, Mark. Great. You have a good weekend? Hey, I had a great weekend. Hey, you know what? Paul was just on... I hope he's still listening. Last week, he told you about that website, what the app... Life App or something like that. I thought, and I was... As I was listening to it, I said, you know, that would be a real great thing if you and Tommy talk to them and see if you could do a cross-marketing. You put a link to their website on your web page, and they put one to TFNN because... on their website, because all you guys are dealing money, and it would be a great cross-marketing kind of an opportunity for you guys. It's an idea. Listen, man, we appreciate the idea. I'll give it a look for sure. The cross-marketing works, there's no doubt about it. Paul, I want to talk about volatility, and I want to talk about the real volatility in the VIX. If you look at the VIX and the T-VIX, it looks like the VIX has sold off. Now, the market is coming back up also, but if I look at it, it's not proportional, and this is telling me that the people who trade the VIX anyway probably don't think this downturn is going to hold. Tom, what do you think of that? Well, okay, we got to... I've been through this before, and I just can remember the whole deal of how this works, because you're having us bring up the VXX, right? Yeah, well, I trade the T-VIX. Right. So what happens is this, I believe these, let me just look at that, these are different vehicles. The... Okay, so the T-VIX is a short-term ETN for Credit Suisse. T-VIX is two times. That's the most important part of that. The VXX was just the single, I believe. Right. Okay, so it's trading the the SP500-VIX short-term futures index. The note will provide investors with a cash payment at the scheduled maturity or early redemption based on two times the performance of the underlying index, the SP500-VIX short-term futures index. Right. So there it is right there. Yes. So that's not the VIXX, because the VIXX is the options index versus the futures index. Yeah, both. That's what... I've been through... You see what I'm saying? So... Yes, I do. It's not going to have the same percentage moves as the VIXX. Yeah, that's right. One is the futures, the volatility in the futures. The other is the volatility in the option market. Yes. Okay, well, I'm thinking comparing... I was thinking about comparing the T-VIX in reference to the down the S&P. My strategy or my thinking here is that in looking at the T-VIX, it looks like it's come way back come back down and that's telling me that the people who are trading the T-VIX anyway do not think that this downturn that started right at the closure today was going to hold. This is where you have to get into the... You have to dig more into the... As to what months this is predicated on, the short-term futures index to see whether it's trading the same months as the VIXX is, okay? Okay. They're different vehicles. That's the way that, you know, I'd look at it. More than like the close, but they are different vehicles. All right. Yeah. I get what you're saying. What does happen inside of these, though, is that the futures are totally different than the option market, you know? So there's probably different strategies flat out. What I don't know is just as I said, that's the underlying deal. Do you know what I'm saying? If we look at this today, let me just do this, okay? So we get the T-VIXX up and I put this up. Okay, so we can see that 25-50 back down. I have the VIXX already up on Thicker Swim. I just want to go back to... There you go. That way. Yeah, so it almost traded the same. It's going to be different percentages. It's going to have the same general movement. It's taking the Dow and the S&P. So... Well, the VIXX is only trading off the S&P, though, Mark, just so... The VIXX is only off the S&P. Just keep that in mind. 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Go to TFNN.com and hit watch Tiger TV. That's TFNN.com and hit watch Tiger TV for the latest market information. Welcome back folks, down 179. Nasik is off 43. S&P is off 18. We're talking about Mark from Bedford and we're talking about the T-Vix, the Vix in general. What you have Mark is that as Tommy is just saying that either one of those have nothing to do with the Dow. They don't trade off the Dow at all. So you just got to keep that in mind. Do you know what I'm saying in general? Yeah, exactly. They're both S&P, one's the future, one's the option chain. Yeah, different subject. I was listening to your show last night in the second half of the second hour and you were comparing all those stocks that got slam last night in that last minute trade. Right. I was thinking, it would be great to save that list that you did at all those stocks and look at the firings when they come out to try and find out who was the big seller. That's a great idea. Well, it'll be saved right on our YouTube channel, man. May 28th, you can go check it out whenever you want. They're always there. We'll do that, man. That's wild. We'll do that for a day after Memorial Day weekend, Tuesday, May 28th. Boom. Mark it down. Got to love it, man. Hey, I like the weather down there. It's hot. It's a little warm, but hey, it's beautiful. It's been a great winter, man. From November to this weekend and, you know, the weather comes in Memorial Day. So Memorial Day, you're good. Then it's hot. Here we go. Hey, you have a great one to say for, Mark. You too, Tom. Thanks so much, man. Thanks, Mark. Take care, man. Now, let's go over to our men, Mr. Teddy Kegstad as we do each and every Wednesday. Wednesday? It is Wednesday. That's right. And every trading day, folks, you can reach Teddy at forex-trading-unlocked.com. That's forex-trading-unlocked.com. Teddy Kegstad, what's going on, brother? Oh, I'm just trying to absorb what's going on with the currency markets with this holiday week that we have. That's no doubt, man. We saw that dollar, that dollar spike tile last week, gave it up, and it's not done yet. It looks like it wants to go after that 98085 again. It's like, oh, my God. Like, you know, when are you going to give it up, man? Right. Well, I think the interesting ones to watch right now is the U.S. dollar yen and the Euro-U.S. dollar. Right now, those are the ones that seem to be definitely very bearish and looking to make some lows. The U.S. dollar yen trade, like I have to say, I was looking at the charts on the weekly and the monthly, and especially the daily, momentum looks like it's just weak. The U.S. dollar really seems to be very strong against the yen, excuse me, weak against the yen. I think it's going to remain so probably over the next week or so. And I like the Euro yen, I think that's the Euro-U.S. dollar I think is going to probably test the lows again this week. So there's just, the dollar is, in those two markets, that's where it's active and moving. I would look at the pound dollar I think right now, especially with the Theresa May leaving the U.K., that's a whole new variable there. But I think her replacement is going to be just more of the same. So I think you're going to have kind of just a static trade, and so it's kind of putting the place with the new change of leadership. And outside of that, the dollar strength seems to just kind of keep trying to edge further and further right now against all the lesser majors. No, there's no doubt, man. It's pretty wild just watching the whole thing shake out. I mean, Britain, they're like in a mess. Welcome to last like three years, right? Seriously, man. I mean, it's like, you get plenty of folks over there that they seem that, okay, we don't want anything to happen to the currency, which would be pretty hard to comprehend, you know, if you don't get a deal and they really do a hard Brexit. I guess we'll just count down again to, you know, the the next couple of weeks we'll see how they phase in the new leadership and how now I honestly think it's just more of the same as far as what the banter is going to be. Yes, I don't think that I don't think that her stepping down is a sign that there's going to be a resolution any faster to be quite honest with you. Oh, no, I agree because I think that, listen good, you know, people always can say no real easy. Well, okay, tell me what you're going to do then. Right. And that's that's what we had. No, no, no. Okay, good. Now it's in the ball, you know, because what you want, right? Sure. Yeah, sure. Exactly. So you guys know that I mean this is nothing new here that we're looking at with them, you know, so I would I would definitely say that anyone that's trading it just be very careful with the moves. You're probably going to get some vacuum moves. Now any obviously any type of agreements are good coming to terms at the table between the EU and the UK will probably see a little rally in the dollar trade. But I don't think that our trade things with China has any impact on that unless there's a major obviously move in the dollar, that would be indicative of making the pound have a reaction to it. But I think you're really going to see the pound just really drift over the next like few weeks as they absorb the new leadership and try and come to the table again and we'll see with the with the G20 meeting coming up as well. There may be some pressures with this saying, hey, you guys, we need we have a lot of other things on the table here. It's time to start to come to the, you know, make some kind of resolution. Right. And then of course we have Europe going on vacation, right? I mean that starts kind of you know, whether it's now the next few weeks and like kind of six weeks, they kind of lay low, right? Sure. Sure. Now the one thing we've been talking a lot about is the dollar Swiss relationship. Yeah. Last week they did after we talked on Thursday and Friday, they did start made a newer move low. They're a little bit about dollars bounce back a little bit over the past couple sessions, but it's just a corrective move right now the way I see it. So that signal is that with the politics aside between what's going on with the UK and the EU, I think that there's definitely going to see some weakness in the dollar against these major currencies because of the way the Swiss is reacting, you know, and I think this is the precursor, but it's probably more setting a range trade, not like a big change in trend. Does that make any sense? Yeah, no, it does. I can see that. The, it seems that, I mean the dollar has been creeping against everything for a while, but it's only been creeping too, right? I mean it seems like this consolidation is still in place. Sure. And the dollar Canada trade is something to look at too because you have the Bank of Canada where if they have any change in monetary policy when they meet, which I'm not sure exactly what it is. I think it's next week. So if there's any change in their monetary policy speak, then you may see some reaction in the dollar Canada, but otherwise that bull is kind of like looking for newer move highs. So that's definitely strong. Yeah, I love it. Listen folks every trading day you can catch on Antti at forex-trading-unlocked.com that's forex-trading-unlocked.com and guess what? These currencies are, markets are moving, but currencies are definitely moving too, man. I mean it's going to be interesting watching this thing shake out, particularly the yen because it's, you know, I like it when the yen gets stronger, for some reason that gold market gets stronger, you know, so the correlation is just direct as you can get, which is pretty cool. It's not going to stay still. The yen, I think the yen actually might be one of the big movers over the next couple months. Good. Get it stronger, will you man? Go buy some of this. Thanks, man. Hey listen, you have a great week, safe week, and we look forward to speaking the next Wednesday, Teddy. Thanks guys. You have a good one too. Appreciate it. Thanks, Teddy. Have a great one. Have a safe one. Market-wise out here, you know, you get the volatility, no doubt. We have a nice spike up to that, you know, 27, well, the futures were only down about 13, we just went back down 19. We get the doubt on 200, Nasik down 44, of course the market is waiting to see what the model is going to say in 10 minutes, you know, I think it's going to make any difference, but we'll find out. Stay right there folks, come right back. I'm certain you are or strive to be one of the best of the best at everything you do in life. It's the most common trait that we tigers and tigers share. If you're looking to become the best of the best when it comes to managing your money, let me teach you to do what most wealth managers tell you can't be done, which is how to time the markets. I'm Steve Rhodes, author of Mastering Probability, and for the last 12 months, Timer Digest has been tracking my newsletter signals, which have earned me the ranking as their number one market timer in the nation for the S&P 500 for the last 12, 6, and 3 months. Timer Digest also ranks me as the number one market timer for gold as well. 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Using the Chapman Wave methodology along with other indicators, Basil Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter. Right now you can get a 2 week free trial to the opening call Basil's daily trading newsletter by visiting the front page of TFNN.com. Cancel at any time absolutely nothing. Get your 2 week free trial to Basil's newsletter the opening call today by visiting TFNN.com. This segment is brought to you by Think or Swim. For more information just click the Think or Swim banner on the front page of TFNN.com Off 210 you get the Nasdaq off 53 S&Ps are off 21. If you get over and look at Johnson & Johnson and understand that Johnson & Johnson even had a subsidiary that was in the opiate business but evidently it is. Johnson & Johnson is down $6.26. It looks like they have a subsidiary that's called Jensen. Yeah. Jensen unit. And right now you got a trial starting in Oklahoma. So opioids we're talking about here. Yes. And this is quite a hit man. Yes. Looks like it wants lower price. Yeah. I mean I can get down 126 and a half. You're at 130 right now. Definitely pretty wild and market wise out here you know we'll see where this baby shakes out but what you do have is that if you go take a look at the Dow Industrial's you're going to see this is quite a break. I mean so this is a big day out here today folks if we take a look at this and you just you know bottom on is that you're looking at the break that we just have here I just take this I do it this way. You're going to see that we just broke it's that February of this year right? Yes February 12th. So we'll see if we get price spread. It need it need to be down to about 400 today for real price spread. This is you know you're not 200 but I'm just saying if you happen to look at the chart it's just slightly underneath it which you could get a rejection. Sure. But you know. Yeah. And we'll see you know part of that 11 o'clock just to give people a preview I mean the DOJ announcing Mueller's coming out so I would not expect any surprises contrary to upsetting the president if the DOJ is literally announcing his and no questions by the way. No questions no questions. Yeah. No. So it's gonna you know I agree there's no doubt because I think I believe he's still an employee of the Justice Department until they release on a certain date. I would date it. That date is soon. I would assume so because the DOJ announced it if he wasn't. All right. They had no business doing it so yeah. Stay right there folks we got think a swim coming up and then we got our man Basil Chapman Steve Rhodes I'll be back this afternoon. Thanks thanks man. Well don't get him folks.