 is a presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648 internationally at 727-873-7618. Let's go to Mike in Southern California. Hey, Mike, what's going on? Hey, Tom, nice to talk to you again. And I have to start out and first tell you I love this trading room. This thing is great. This app, it works great. And getting all the information, you're like instantly there. No delay, nothing. I know, listen, I appreciate you grabbing a problem with this. Your channel is in my pocket all day long. It's wonderful. Thank you, man. Thank you. Now, Tom O'Brien. Welcome, folks. This is Tom O'Brien of TFNN. We go five days a week. We go seven hours a day. We go 24 hours a day on the internet at TFNN.com. Always remember, folks, whatever you think about, you bring about whatever you focus on grows. Hope everyone's having a great day, safe day. It's making a great night, folks. Love coming out of you makes you happy. The whole world can love you, but that's not the love that'll make you happy. What will make you happy is the share of the love you have inside of you. That is the love that will make the difference. Mug it wise. Let's take a look at it out here. We have the Dow Industries down 19. That's the cup eight. S&P's off eight. Gold contract down $6.60. Trading at $19.68 an ounce. We have silver down 21 cents. Trading out at $23.65 an ounce. Light sweet crude. Up $2.18 cents. $81.68 cents. A barrel, notes and bonds. A 10-year note, down 18 ticks. Trading at 1.10.07. The 30-year offer. One more tick and it's two points, folks. Pretty amazing. Full point plus 31 ticks at 1.20.10. And king dollar. King dollar. Trading down 19 ticks. 102.571. The euros at 109. The ends at 142. And the British pound is at 126.01 at US dollar. Our phone number is 877-927-6648. Give us a call, folks. Want to know what's going on in your world and the world of the S&Ps? Let's take a look at them. Let's see what we have out here. So, you came down yesterday with volume. Expanding, that is. Out here today, it's going to get intriguing coming into the close because what you have is this. Well, we have Apple and we have Amazon coming out with numbers which is going to affect the market big time. We'll see how the market right now, the S&Ps are going to go after the swing that we had about 30 minutes ago. We'll see whether it can take it out. And if we do, then we will go to those lows. Those lows have volume on them. The lows from this morning. That's the 45.05 and right now your bottom line is at your 22 points above that area inside the S&P. We go into the NQs. We take a look at the NQs. This is good. The NQs are going to hit it first. So, we'll get an idea. Yeah, one minute. So, this is going to get interesting because we're going to start a new bar just about at that price point. That's how this thing shakes out. Now, the NQs have not had an expansion of volume on this bar. You get price spread coming down, but there's not an expansion of volume yet. If you're watching a tag of TV, you can see that it's been about just about the same, meaning the same up, the same down. Basically, that sets up basically a consolidation. But that being said, you can see down here, that's where all the volume is. In fact, if we go like this, you'll see it goes straight down like this. That's kind of how that works. Notes and bonds. Let's get over to the 10-year because this is pretty intense, man. The 10-year right now, we are at 4.18. You're coming into the last lows that were established out here. That number was 1105. We've hit 1105. We have 1.6 million contracts out here today. And the last time we were down here, we had 2.2. But what you haven't done is that you have not rejected lower price. And then if we go to the 30-year, this is pretty intense, man. The 30-year, look at that number, man. We're at 120.09. US1 put this on a generic one. We did this yesterday. And when I was giving out that number yesterday, it seemed like a long way down. But it's not when you get out two points per day. That's kind of how this is setting up right now. Let's see what it looks like. Yeah, see, it's a lot closer than it was yesterday. That's for sure. So the low in the 30-year is 117.19. And right now, the 10s at 4.18, the 30s at 4.3. And on the 30s, we want to check this out. Look at this. The 30 a year ago was 2.9. Six months ago, it was 3.5. Three months ago, it was 3.6. So no matter which way you look at this, the bottom line is that when you're at 4.18 inside the 10-year, these rates are going to basically go up further, which is pretty wild, man. I mean, the next Fed meeting, that's not until September. So if we take a look at the Fed meeting, let's see what date it is. Meetings, meetings, meetings. Where I calendar, OK. So look at that, September 20th, too. The market itself, now this is just the opposite. The market is basically doing the work for the Fed. That's what's going on here. And that's what does happen. And we'll see where that shakes out. But with the bond market going down that quick, meaning higher rates, that's saying that the Fed wouldn't really have to do anything. Because everything is predicated, not everything, but when we're talking about either mortgages or you're talking about credit cards, it's predicated on the 10 folks, OK? That's how it shakes out. We go over to the dollar, and this dollar wants to that higher swing point, man. That higher swing point inside the dollar. We are at 102.570. That swing is at 103.500. We're sitting right next to it right now. So that thing wants to get hit. We go to the gold market. Gold's just going across the opposite way of the dollar. And we take a look at gold. That's not a bad setup today. This is good, OK. You're at only 133,000. So what's happened here is that you have the contraction of volume in a monster way. Now it still has an hell of a hell price. And the lowest swing on the gold market is 1939. Right now, we're at 1967. So bottom line is that, I expect, what we're going to see here is that until that dollar finishes off what it wants to do, that's going to continue to keep pressure on this market. That's how this thing seems to be setting up. And of course, the earnings inside Amazon and Apple are going to be a monster deal, if there's no doubt about that. Now, Dow industry is right now down 67. Nasdaq's off 25. S&P's off 16. Stay right there, folks. Come back with our mammoth to Tim Boyd. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the Forex markets every Monday using his 30-plus years of experience as a trading veteran of futures, Forex, stocks, and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the Dollar Index, the Euro Dollar, Pound Dollar, Dollar Swiss, Dollar Yen, as well as many more. And he also has weekly coverage of the crude oil market and the 30-year T-bonds as they both influence Forex markets tremendously. When you sign up for the Tiger Forex report, you also gain instant access to Teddy's 60-minute webinar archive. He just hosted Forex Strategies and Fundamentals on what is behind the Tiger Forex report. For all the details and to start your 30-day Tiger Forex report subscription today, visit the front page of TFNN.com. TFN, educating investors. Are you ready to take your trading to the next level? Introducing Tom O'Brien's award-winning newsletter, Market Insights, your key to successful active trading. Tom O'Brien, renowned for his expertise in the financial markets, has designed Market Insights to be your daily guide to profitable trades. Tom publishes his daily Market Insights newsletter every market day before the market open, along with updates when warranted. Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox. Whether you're a seasoned trader or just starting out, Market Insights provides the edge you need to navigate the markets with confidence. Ready to join the ranks of successful traders? Head over to TFNN.com and subscribe to Market Insights today. Don't miss out on this opportunity to supercharge your trading results. Market Insights comes with a 30-day money-back guarantee for all new subscribers so you have nothing to risk. Don't miss out on this opportunity to revolutionize your trading game. Head over to TFNN.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter, Market Insights firsthand. TFNN, educating investors. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to. And you can trust Larry's analysis. After all, he's got 45 years' experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement that you need to act on at any time. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com, educating investors. Call now, toll free at 1-877-927-6648 internationally at 727-873-7618. Welcome back, folks, to Dow. Dow Industrial is right now trading down at 68. You get the magic off 26. S&Ps are off 16. Let's get over to our man, Mr. Tim Ord, as we do each and every Thursday at 20 past the hour. And don't forget, folks, you can reach Tim every trading day at od-ord-oracle, or our CLE.com. No, od-oracle, yeah, dot com. Tim Ord, what's going on, brother? Well, you know, we were on Tuesday and I showed that SPX-TLT ratio. Yes. And with it, Marcus supposed to pull back and obviously yesterday was a down day. And now, if you look at chart one, I got another chart that's probably gonna go right back up. Okay, so is the number one chart the need two out of three? Yes, it's chart one. Okay. Yeah, it's an hour chart of the BIX. Okay, one second. Hold on, let me just, when I do these sometimes. Okay, one second, I got it. Okay, so one second. I got these mixed up, I think, all at once. So the one I wanna look at, Tim, is only I got it, no, I had it right, yeah. Okay, I got the BIX, I got it. Yes, okay. Yeah, the VX, actually that's an hour chart. That's kind of looking, so I don't think this decline's gonna continue. You know, we had kind of a very sign on Tuesday. Anyhow, this is an hour chart. So this is like a short term chart. It's not like I'm predicting something, you know, that's gonna rally for the next several months. But it does predict, I think it'll rally maybe for the next several days. I think we're probably making a bottom. I'll make that case here, but you know, the second window down from the top is the hourly VIX. Okay. The top window is the RSI for the VIX. The bottom window is the rate of change on a three period. And the next window up is a percent volume. So anyhow, in general, when two out of three indicators hit into bullish territory, yes, they all three of them hit, you're looking probably at a short term low in this vicinity. Okay. So it kind of measures the velocity of the VIX. When the VIX really rallies really hard, you know, that shows kind of a fear thing. Yes. VIX is kind of, they call it even a fear gauge. So I'm kind of watching that as a fear gauge suggesting that we had a lot of fear yesterday on yesterday's decline. It's pretty amazing that we're at highs and you just get a little sell off and you get a lot of fear, isn't it? It's pretty wild. Yeah, you get a lot of fear. And so that's easy. A bullish, I'm sure, because everybody hit the sell button yesterday. Yeah. And so I tried to pick out indicators that, you know, get too exuberant to the downside. That's a bad, that's actually a bullish sign. Yes. So anyhow, but all three of those indicators gave up, got in bullish territory yesterday. So we had three out of three. I had to flip to chart two. Okay. And chart, all this is on the chart two is the SP, SPS or SPY on the daily chart. And for when volume spikes, like 30% or higher compared to the days around it, that usually is an exhaustion move. I can go back a long time and improve that point. But you know, the chart gets too messy. So I just, the one I wanted to point out, we had one back on June 30th, I just pointed that out on the chart. Okay. So the bottom window is the volume. We had a surge in volume about 30% higher compared to the previous day. And if you notice that was a high, the market did pull back over the next, it looks like about a week or so. The same thing here, yesterday's volume jumped at least 30% compared to the previous days. That shows exhaustion to the downside. We did gap down today, but volume most likely is going to be a lot wider today than yesterday. So I'm thinking that the market is still going to go back up to the July 27th high, which is basic, no, yeah, the July 27th high, which is where that bearish engulfing pattern happened. Right. And a lot of those bearish engulfing pattern are highs are easy tested. We had kind of a push up in volume on that day too. So I'm thinking we're going to go back up to that 4,600 area on the SPX and test that high. Here's, this is, so anyhow, so I'm making the case I'm thinking we're going to make a double high here. Now, if you flip to chart three. Okay. Maybe going too fast, but. No, no, this is good. This is good. We get it. Yep. All right. So anyhow, so anyhow, but I'm thinking we got enough evidence that we probably ride back to the previous highs of 4,600, which is July 27th. And here's the case on this. That's it. That's the SPX goes back up to that 4,600 area or makes a little bit higher high. And the window below that is the SPX VIX ratio. Yes. And this is what I think may develop. Don't know until it happens. Right. It hasn't happened yet. We need to rally first. But if we rally up and the SPX VIX ratio makes a lower high where the SPX makes a higher high, you have the same diverges happening all noted in pink going back the last few years. Right. All that pink areas and pink lines. That's where the cases where the SPX made a higher high and the SPX VIX ratio made a lower high. And then that happens. You know, if we went back there, that would be the most deviant thing the market could probably do too, right? Yeah. It catches everybody. You know, as everybody's right, it really leans it on the sell button yesterday. Right. And so now that rallies back, they kind of throw in the towel and that's where you get your worthwhile high at. And I'm thinking we're still making a worthwhile high. Nothing real significant, but I think we can get back to 4,200, which is, you know, at 246 to 42, that's what 400 points. You know, that's what 8% give or take. Yes. So that's why I'm thinking what's coming down the road here, but you know, to really set this trade up is a rally and there's enough evidence. Yes, we get back to 4,600. And that is where I think I could possibly end up with a sell signal expense on what that SPX VIX ratio does. Right. And you know, it's always interesting, Tim, isn't it that, I mean, the more that you can get either highs or lows tested, the more information the market actually gives you. You're exactly right. That's a good point. So a lot of times market just doesn't go straight up and straight down. It can and it has in the past, but your odds are extremely low betting on that idea. Right. Market corrects first, tries to go back, makes new highs and makes new highs and you know, the bears give up and the bulls come back on and everybody gets trapped. The bulls are long and the shorts are out of the market. So it kind of sets up. So you always kind of look for things that, you know, even, you know, this top sets up, you know, it'd be a fairly high probability risk of a good sell signal. So, you know, but you know, you can look at those things too. You know, this is just one indicator that could give a signal, but the volume indicators might also give a signal. Test the previous higher and lighter volume. Which would be awesome. Yeah, right. You're right. Yeah. The 10 day trend might be down around 0.9 or lower. That'd be more information that you're probably, you know, odds of a good sell signal develop and there's a lot of things we're going to get out. There's no guarantee we'll get back to the previous. Oh, I get it. Yeah, just stay right there. We're going to quick break when we're going to come right back. We have the Dow investors right now trading down 31 and Aztecs off six. S&Ps are off 11 and a half. Stay right there. Tim and I are coming right back, folks. The gold report. As a precious metal, gold is still king. It continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market, the US futures market, and the Shanghai Gold Exchange. The gold report. Tom O'Brien publishes his weekly gold report every Monday morning for subscribers, consisting of coverage of the XAU, HUI, GDX, the dollar, bonds, the South African Rand, as well as 25 different mining equities with specific buy sell recommendations. The gold report. New subscribers get a 30 day money back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's gold report newsletter now at TFNN.com. Sharpening your skills as an investor is like getting better at playing a musical instrument. You have to practice, sure, but you also need excellent instruction from experts. At TFNN, you'll get advice and guidance from the authority and technical market analysis, and it's not just dry, tedious text either. TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV, live every market day from 8.30 a.m. to 4.00 p.m. Eastern. For free, each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN. Educating investors. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the forex markets every Monday using his 30-plus years of experience as a trading veteran of futures, forex, stocks, and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the Dollar Index, the Euro Dollar, Pound Dollar, Dollar Swiss, Dollar Yen, as well as many more, and he also has weekly coverage of the crude oil market and the 30-year T-bonds as they both influence forex markets tremendously. When you sign up for the Tiger Forex report, you also gain instant access to Teddy's 60-minute webinar archive he just hosted forex strategies and fundamentals what is behind the Tiger Forex report. For all the details and to start your 30-day Tiger Forex report subscription today, visit the front page of TFNN.com. TFNN. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit watch Tiger TV. That's TFNN.com and hit watch Tiger TV. Welcome back folks, Tim and Tom and Brian, we do appreciate you growling and prowling us out here. We have the Dow Industrial's down 38, Nasdaq's off five, S&Ps are off 11 and a half, and we're taking a look at this S&P chart. You know what's gonna be interesting too, Tim, is that after the closeout here today, we have Apple as well as Amazon coming out with earnings. So, I mean, they have some big weightings inside the NDX as well as the S&Ps. So we'll see where this baby shakes out pretty quickly. Yeah, this week is, seems like the week, okay, next week is, week before option expiration week. And in my opinion, that's probably where the, I don't know, the rally may start, because a lot of times expiration week is up. So we kind of watch that. So I don't know what's gonna go on for the next couple of days. Yes. But in my opinion, because of these indicators, I think we're probably at least making a short term low here. If we're gonna take a stab at probably those highs, my opinion, probably option expiration week, which is actually a couple of weeks away, but we'll see how it plays out. You know, I went back to neutral and somebody's kind of waiting for the next, you know, hopefully the next best trade to line up. So we'll see if it lines up or not. So, we wanna go to the next chart? Yes, absolutely. All right, this is a short term things been, this kind of unusual chart kind of showed this chart. You know, I thought we'd be at bottom here about a week ago, but what's interesting here is, you know, the bottom window is the 18 day average of the up-down volume, advanced client, or no, the bottom window is GDX advanced decline percent, is an 18 day average. The next window up is the 18 day average of the up-down volume percent. Yeah, and anyhow, in a nutshell, when both of them are above minus 10, the market's in an uptrend. Well, the market did go, you know, they gave a bicycle early July and since then, even though the market's pretty much pulled back to where that July bicycle has occurred, both those indicators is still well above minus 10. Okay. And anyhow, I trust these indicators pretty well. Right. Let's go back to, I'll make an example here. If you go back to the high of April there, April May High, that double top. Okay. This up around looks like about what, 36 range has double top there. Yep. And if you go down to both indicators, the first top, you know, the both indicators stayed well above minus 10. And the market rallied actually, it went and tested that high of 36 in May. And look what happened to the indicators. One fell below minus 10, the other one kind of hung around minus 10, but finally fell below minus 10, but either one goes below minus 10 to sell single. But that rally up to, the second rally up to the high of April was a huge divergence there. Yes. Showing weakness. That was a great sell signal. Right. And I'm thinking something happens here. This is probably going to, what I'm trying to say is the internals of the market, according to these two indicators are actually strong, even though prices moved down quite a bit. Both those indicators were being relatively strong, still well above minus 10. So I'm thinking this is not a start of a big decline. This is going to be a huge divergence because it's going to make a higher lows on both indicators, even if the market breaks below the early July low. No, it's just going to be the opposite of the highs. I know what you're saying, because that's what I'm trying to point out. If you can go back and actually look at other times, this thing kind of set up. Right. So I don't know if the GDX is actually going to break that July low or not, don't know. But even if it does, there's going to be a huge divergence there. Right. So something to watch. It's not really, it's really buried at the market. If the price holds up and both of those indicators go through the floor, that's when it's really buried. Here are the options. Prices actually, we can quite a bit, but both those indicators are fairly strong. Well, I don't think there's something bad starting to happen here. So, oh, it's interesting today, Tim. Today, yesterday we had some, you know, we had an expansion of volume in the GDX yesterday, but today the contraction is huge. I mean, yesterday we did 23 million shares, today we're doing 11, and that, you know, the lowest swing load is going into right now at 29 million. So, you know, it's not holding price. Yeah, you need energy to push down that energy. Yeah, you're right. It's not showing up here. Right. So it's kind of a mushy market right now. Yes. But I think both markets probably rally, you know, I'm thinking what's going to happen here over the next couple of months, and how, I think GDX, in my opinion, is probably going to rally right into the September-October timeframe, and where the SPX, the SPY, may have a hard time between now and then. Right, they never make it easy, don't they? Yeah, they never make it easy, right? So, you gotta trust your indicators and stuff. Which is awesome. Yeah, no, listen, man, there's no doubt. It is amazing that these indicators have actually held up, because price-wise, you know what I'm thinking, that's come down pretty good. I mean, we know it's come down with, you know, the volume's contracted, but the reality is that it's come down, you know. You know what is really cool about the GDX, which I like, Tim, also, is that up at that last high where it actually did fail, that has a lot of volume, man. That high, that high out there on the daily. Which I had the one we had a couple of weeks ago. No, I'm going all the way back to the end of April there. That's 36 million chairs, 36 million chairs, up at that high. Okay. You know? Okay. So, that's- Yeah, you're right, yeah, that's when you're talking about the second high. Yes, I'm talking about the second high, right? Right, I know, I've seen that too, I think that volume really expanded. Right. But, you know, the internals were crap. I know, no, I, that's why I'd love that indicator you're talking about. That's what's so cool, man, it really is, because it's like, you know, that, you know, realistically, yeah, realistically, that's almost an ABC up. I mean, it took it outward volume and then it had a failure. Yeah. You know? Right. So, yeah, this is, you know, because I screwed around a lot of, obviously I've been screwing around with GTX for a long time. Right. And it's really fine, you know, because I used just a bunch of different stuff, volume figures, you know, moving average, and that, and I finally came across these two indicators. And you know, I got a 50-day on these, these two type indicators, and I do a cumulative volume, and they produce a lot of information. Yes. And it looks inside what GTX is actually doing, and it does show strength and weakness, just by these two indicators, you do so much with them. No, there's no doubt. There's no doubt. Yeah. Pretty cool, man. Well, we'll see what happens after this close out here today, because we know that, you know, I mean, we might have a ying and a yang. Apple, one may come out good, one may come out bad, and you know, we still go to the sideways market, who knows? But, you know, this is... Yeah, we're building, in my opinion, you know, if you're looking at volume on the SPY or SPX today, you know, we're gonna come in way, way like what yesterday is. So, I don't think you have the energy to push down right here right now. That's right. That's saying we're gonna be there tomorrow, but... Right. You'd have to go at least sideways for a bit, right? There's only 50 million right now. Yesterday we did 93, 95, so, yeah. Yeah, so... Well, listen, man, it's always a pleasure. Don't forget, folks, you're gonna get ahold of Tim every trading day at od-oracle.com. That's od-oracle.com. Tim, you have a great one, the safe one, of course, we look forward to speaking to you on Tuesday. All right, sounds good, thank you. Have a great one, man, have a safe one. Stay right there, folks, we're coming right back. Our phone number's 877-927-6648. We have the Dow. The Dow Industries right now trading down 48 Nasdaqs off 13. S&Ps are off 13, we'll come right back. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them, using a combination of fundamentals and technicals. Sign up for Rocket Equities and Options Report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFNN.com, TFNN Educating Investors. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks and commodities, subscribe to the Opening Call Newsletter at TFNN.com. The Opening Call Newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the Opening Call Newsletter by Basil Chapman in your inbox every day. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. TFNN.com, Educating Investors. Biotech is booming, but for how long? Whether you think the Biotech bull has room to run or has run its course, trade LABU or LABD, Directions Daily S&P Biotech three times bull and bear ETFs. Visit DirectionInvestments.com, slash biotech today. An investor should consider the investment objectives, risks, charges, and expenses of the Direction Chairs carefully before investing. The Prospectus and Summary Prospectus contain this and other information about Direction Chairs. To obtain a Prospectus or Summary Prospectus, please contact Direction Chairs at 866-476-7523. The Prospectus or Summary Prospectus should be read carefully before investing. An investment in the funds is subject to risk, including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors, such as traders and active investors. Distributor, Four Side Fund Services, LLC. TFNN has launched the Tiger's Den, hosted at Discord. TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours. The Tiger's Den, available to all tigers and tigers for just $1 for the year. There's no cash or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. Oh, Ryan! Welcome back, folks, to Dow. That was our 48 and Essex, our 15 S&Ps down 12. Let's go over and take a look at the big dogs here, Apple and Amazon, try to figure out where they bit, wanna go. So, Apple, let me put this on, put this on a monthly first. When we looked at this yesterday, man, Apple's up on air, man, period. I mean, it has been for a long period of time, too. Yeah, my take is that Apple's gonna have a miss here. Well, it might not have a miss, but they wanna sell it off. Let's put it that way. Because you have, in the year 191, so 182 was game, like, pretty quick. That's on the monthly, so if I do the weekly, and this has been a one-way move, look at that thing. What is that number there? Number's 176. See, on a weekly, it can get to 176 pretty quickly, man. And then on the daily, you get the rule that's happening here. See, on the daily, it was interesting about the daily, is that, so check this scenario out, folks. This could get really interesting. You know, when numbers do come out, right, you get spikes' highs and spikes' lows. So, Apple has a spike high at 198. So, you can get that spike high after the close, hits that, and then gives it up, and then goes all the way back down to this 180 level. Because they're both here, look at this. They're both kinda sticking out like a sore thumb, and I'll put them down below also. See, there's two levels there? That's kind of, if you look down below, you're gonna see the same deal. That's this bar, your largest bar is that 180, right there. 184 to be exact. So, my take is that 184 is gonna be game there on Apple. Amazon, let's take a look at Amazon. So, put Amazon on a monthly first. Now, Amazon's coming right into ice. That's ice. And you're coming in, yeah, you're coming in with light volume, man. So, that's saying it's gonna have a tough time making it through the, making it through this area. That's on the monthly. On the weekly, it's the same deal. Look at this weekly. You're coming into, you know, that you're coming into that big bar. This bar, that's where a lot of selling was. So, hey, we'll see where this shakes out, man. You know, on the weekly, three weeks ago, it was pretty good, but this is gonna be dangerous, man, coming into this clothes, man. This is gonna be interesting. Not coming into the clothes after the clothes. See where these people come, I mean, to see where these numbers come from. That's how it's setting up, though. We go into the Dow industrials right now. We take a look at the strength versus the weakness. You get Cisco up one, you get Intel up one, that's 1%, Nike up one, taking away from its sales force. Let me get this here. We get sales force. I gotta do this quick enough. Who do we have in the phone now? Terry? Terry, what's going on, brother? Hey, Thomson, good to talk to you. You also, man. Thanks for calling. Thanks for holding. Appreciate it. And you're welcome. I've been hiding out over here in Hillsboro all these years following your show. Oh, I appreciate it, man. Thank you very much. Yeah, I want to look at Rumble. I've been plucking away at this. Rumble. Pull back a little farther than I thought it would. R-U-M. Okay, so let's take a look. Go ahead. You got the lowest 581, the highest 17, you're trading at eight. This online video network. And let's see. So they take in 92 million, they're still losing money. I think politically they're gonna have a lot of enemies over the next few months. Oh, yeah? Wonder what the shorts look like. The shorts, let's see. So the shot position in this is 16.34%. So the good news about that is that, you know, I mean, when you have a big shot position, you know, if they could get the stock going, they could get it going. Right. You know, there's not much here, man. You got to be careful with this equity. Okay. Yeah. You know, if they get, you know, it's high volatility, there's no doubt about that. You know, if you got to run going top side, I'd move this thing out, man. Okay. Yeah, because, you know, you can see the numbers, go back to these numbers again for a second. You know, the 18 million a quarter, well, they plan on making money, not a couple, not next year either. Still, they're losing 39 cents this year, but. Just have seen these tech companies in the past. They come out, $25 a share, pulled back for a while. And I mean, I don't see it tanking. I hear what you're saying. It may not be ready yet. Yeah, well, what happens is that, you know, it depends on how much cash they have and how long you can stay alive. That's, I mean, we can see that, I mean, Uber now, you know, took in like 38, you know, some monster number is the first time they ever made money. So there's no doubt about that, man. It really just depends on how much money they have in order to stay alive, to get done what they want to get done. That's what it comes down to. Well, go rumble. Thanks, Tom. Okay, man, you have a great one and a safe one. We have the Dow. The Dow industrial's right now. Where are we? Dow's off 61. So let's go inside the NDX again for a second. Let's see the strengths versus the weakness inside here. So you get PayPal. Oh, that's a hit. PayPal's down 12 and a half percent. Qualcomm's down eight. You get Vertex down three. So if we go over to PayPal for a second, that's quite a hit. That's a 15% hit. Wow. Now this is a trip. And in fact, let's take a look at this. Oh, look at this. This is in trouble, man. Yeah. Look at that. PayPal hasn't taken out a swing point going all the way back to 2021. PayPal's gonna go after this low here of 61. You break that low of 61, man. This is gonna be a whole different trip, man. I want that. You know, I guess PayPal was the first one out there. You know, but the bottom line is that you can use a lot more than PayPal now. That's, look at this. Yeah. PayPal is a high volume low rather at that number, at that $58. So you're going down there. The real question is, is it gonna blow out that low? And if it blows out that low, then you're really gonna see trouble big time because the amount of the first leg down is just a monster. I mean, it's huge. Dow-dow industry was right now down 60. You get the Nasdaq off nine. S&P's down 13. We have the gold contract off $6.30. Silver, let's go look at silver quick here because silver, come on, baby. So silver has 58,000 contracts. It's still coming into the strength. So the magic number on silver is the whole 23.31, where we hit 23.41 today. Stay right there, folks. Come right back. Are you ready to take your trading to the next level? Introducing Tom O'Brien's award-winning newsletter, Market Insights, your key to successful active trading. Tom O'Brien, renowned for his expertise in the financial markets, has designed Market Insights to be your daily guide to profitable trades. Tom publishes his daily Market Insights newsletter every market day before the market open, along with updates when warranted. Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox. Whether you're a seasoned trader or just starting out, Market Insights provides the edge you need to navigate the market with confidence. Ready to join the ranks of successful traders? Head over to TFNN.com and subscribe to Market Insights today. Don't miss out on this opportunity to supercharge your trading results. Market Insights comes with a 30-day money-back guarantee for all new subscribers, so you have nothing to risk. Don't miss out on this opportunity to revolutionize your trading game. Head over to TFNN.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter, Market Insights firsthand. TFNN, educating investors. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks, and commodities, subscribe to the opening call newsletter at TFNN.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. The Chapman Wave up-down sequence gives you an edge in identifying price turns, finding the peaks and valleys in stock prices. Get the opening call newsletter by Basil Chapman in your inbox every day. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. TFNN.com, educating investors. Everything in the universe is governed by the Fibonacci sequence. This mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market. To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com, educating investors. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit watch Tiger TV. That's TFNN.com and hit watch Tiger TV. Welcome back folks. Let's go to Don Nolando. Don, what's going on, brother? Hey, good afternoon. Don, how are you? I'm doing great, man. You're self? Good, good. I have a position in my retirement account with Upstart and I have almost a double in profit. What is the symbol? What is the symbol? UPSP, U as in universe, P as P. Oh, Upstart, that's the name, I get it. That's the name of the company, right? No, pull it. Yeah, yeah, yeah. UPSP? Yeah. No, I'm good. You, Uncle P, Paul, S, C, M, P, Paul? Well, let me give you the name of the company, Upstart. UPSP, UPSP, UPSP as in P. I got it, I got it, I got it, here it is, I got it. Okay, cool. Okay, so you're trading the lows 11, the high 72, that's quite a deal. Well, you rode this thing, huh? From 42, for $42. Yeah, well, you should definitely get your principal back. I mean, the last, you know, let me put this, the last two weeks, you've had some good volume in this thing, man. And on the monthly, you had some good volume, so. Yeah, I mean, this thing looks like, I mean, you're at 68 and it looks like, I mean, you're just trying to go to 94. Because once you're into that, well, 75 would be the next place. 75 would be the next place and then 94. So, that's pretty good, man. Yeah. They report earnings on the aid. Oh, okay, so just watch them real closely before that. You know what I'm saying? They're looking for 135 million and they're losing six cents. You know, it looks like you get two more quarters before they come into a profit. That's what they're saying. This one is interest rate sensitive. Okay, man, well, listen, you have a great one and a safe one. All right. I always remember, folks, the bank and claw your heart out, the bull can run you over and thank God, there's always another trade. Health, happiness, and prosperity. Have a great night, folks. Have a safe night. Come back and visit Tommy tomorrow morning. Kicks us off 9 a.m., a great show, folks. Wow, look at him, folks.