 EFNN, The Tiger, Financial News Network. Good morning, everyone, Basel Chapman here for the Tiger Financial News Network, 10 a.m. market update on this very first day of December, Thursday, the first of December, of course, and we're looking at the Dow down 125 at 34,446. That was a spectacular turn yesterday. We're actually discussing this, that sometimes when the market gets something from a news source, in this case it was the Fed, with a pretty positive looking at the rate, slight rate decline in the rate of increase, that was really short covering, it was everything and new buying. What we're looking at at this particular point is that I always say that the last hour of any very strong session or any weak session, normally you would get a 20% or 30% decline just to kind of a digestive phase and then the market starts to do what it was going to do. So we've got that decline from yesterday's last hour, a big surge, even though it was a spectacular turn around at 130. Now what we're looking at is the S&P is actually up 8 at 4088, very strong leg D, nicely above the 200 p.m. moving average, we'll have to talk about this a little more in my show coming up, the Tiger Technicians Hour, and let's run these quickly, QQQ, up 1 at 294, very good move yesterday and follow through to the upside today. The Russell 2000 IWM, struggling a little bit, yes, it's a very nice move but it's just above the 200 p.m. moving average and probably has to test it, gold is the story of the day. Absolutely spectacular move, $57 up at 1817, I'm a little intrigued that the GDX is following today but it had been struggling up until now, that's the gold minus and silver, some of the silver stocks I'm not moving, we'll talk about that when I return for the Tiger Technicians Hour, dollar sharp move down below the 200 p.m. moving average as helping gold, helping many of the multinationals, crude oil, crude oil strong move up today and bonds, TLT, yes, moving up so the rates are coming down. I'll be back for the Tiger Technicians Hour, I hope you can say check out my opening called 80 Newsletter, see you in a few moments.