 Welcome folks, this is Tom O'Brien of TFNN. We got five days a week, we got seven hours a day, we go 24 hours a day on the internet, acttfnn.com. Always remember folks, whatever you think about, you bring about whatever you focus on, grow so everyone's having a great day, safe day. This is it folks, kicking into the last week of the year and kicking into 2020, how's that man, holy cow. Don't take anything personally, ignore the opinions of others. This is a trippy kind, man. Whatever people do, feel, think or say. Don't take it personally. Others are going to have their own opinion according to their belief system, so whatever they think about you is not about you, but it's about them. That's the part that's pretty trippy. Mug it wise, let's take a look at it out here. We have the Dow Industries up 177, NASDAQ up 88, S&P's up 21. Gold, gold contract up $5.20, trading at 2074 an ounce. We have Silver Flat, $24.50 an ounce. Light Sweet Crew, up $1.85, $75.41 a barrel, notes and bonds, a 10-year note, up two ticks trade in 112.21, the 30-year up 12 ticks at 12405 and King Dollar. King Dollar's down 231 ticks trade in 101.468, euros at 110, yens at 142, British Pounds at 127 to one US dollar. Our phone number's 877-927-6648, it's called folks want to know what's going on in y'all world, and the world of the S&P's, let's take a look at them, what do you have? Well, you got a short week, it's going to be an illiquid week, and they want to run the market folks, okay? You got a confirmed ABC structure on the way up. If we take a look at the spy, put this back, and what you're going to see out here is that you're approaching, first off, we're approaching the high. Yeah, we haven't hit the high first off. We're 475-78, but we have another ABC structure up to 502. So I expect we're going to get there. First we're going to take out that high, but my take is that, yeah, we're going to only take out that high, we are going to get into that ABC structure up, because this straight line moves. We take a look at the cues. The cues are already taken out of its high. Now the cues are going to be a lot easier to hit this ABC structure too. It's only 25 points away from where we are right now. The cues need to get a little bit more away from the high it's just taken out, which is the all-time high. Right now you're at 410-79, 434 is the number. Notes and bonds. Now check this out. Now this is a trip, folks. So you had an auction this morning, and this thing is so strong it's unbelievable. So you had an auction out here this morning, and the way this works, folks, is this, is that you had indirect buyers. So they were pushing out a huge amount of paper this morning. At actually 1 o'clock this afternoon, actually, they were pushing it out. Well, what you had, so inside the Treasury market, you have primary dealers. And then you have, so if it's a primary dealer, that's called the direct market. Then you have an indirect market. An indirect market would be other central banks, would be you and I if you're on Treasury direct. You can bid on these things, OK? Well, the bottom line is that it came in at, excuse me, a record 77.6% was indirect. Then that's the third largest share ever of an indirect on a two-year note. And of course, we know why, because folks are understanding that rates are going down and everyone's piling in. And then if we go back to what we've been talking about for quite some time now, is that yes, the Fed hasn't gone down in rates yet, but the market has gone down on rates in a monster way. So you have a huge demand, and the demand is overtaken the supply, which is really wild. Now the next draw, and then what also on top of that would end up happening, is that the, let me get this straight, that the rate that the Treasury thought that they were going to sell these out, it actually went under that rate, because the demand was so heavy, OK? Now what we're going to see on Thursday, this was today. Thursday, what's going to happen, yeah, he had, so they sold 57 billion. This is the one that went under the rate today, 57 billion or two years. They went under the rate that the Treasury thought they were going to get. They ended up selling it at 4.314, and the Treasury thought that they were going to have to sell them at 4.595. So you can see, that's pretty intense, man, when you're talking about, multiply 57 billion times 20, well, I'm not going to do this math right now, but you get the gist of it. The gist of it is a much larger demand than there is supply. We'll see what ends up happening Thursday, but my take on Thursday, it's going to be the same thing. Why? Because the rate cycle, the high rate cycle is over, and what you have here is that there'll be huge amounts piling into that structure, because it's still a good structure, meaning it's still, you're getting 4% or 5%, and that's a no risk deal, because you're talking about Treasuries, you're talking about notes, yeah, so big deal, man. We get under the gold, we go to the gold market, we take a look at the gold market out here. That gold market right now, we got above the consolidation last week, and we did it with volume, by the way, OK? Volume actually came in on Friday, and that's pretty cool for a vacation week. I mean, the bottom line is that it did 170,000 contracts, so your next leg there, you know, with 2074, the next leg is at 2150, and my larger take is that, yeah, we're going to go up to this 2,500. The A to B equals C to D is 2,500, and there's plenty of stuff happening inside of the dollar and the world in general that it could get there pretty quick. The dollar, and we take a look at this dollar, what you're going to see is that the dollar on Friday broke to lower, we're just about breaking the lows of Friday now, and it's not a big reach now to hit 99 before this Friday, or at Friday. That's how I think this thing is shaking out. We're at 101, 472. Your swing point down there is 99,578, you know? So you get two points off it. Two points, just so you know, 236, these come in thousands, OK? So you get two points, you get 2,000 on the way down. Well, guess what? Sometimes this dollar's been moving at a clip of about, you know, 900 on those big days. So we could hit that in a couple days. Dow, Dow Industries right now trading up 179, Nasdaq's up 88, S&P's up 21, stay right there folks, come right back.