 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 Tom and Tommy O'Brien welcome folks appreciate you growling a problem with us out here we have the now industry is up 236 now as a cup 87 S&Ps up 24 you get some action out here man quite a market right it's like no the economy's not adding jobs it's like we love it we're going higher totally man totally gold contract gold contract 420 trading at 1346 we get silver up 16 cents $15 6 cents now silver's getting a nice bid and that's what we needed to have his metal market to keep continue higher folks our lights we crude up 55 cents trading $53 14 cents notes and bonds they're the story again pretty amazing I get the 10-year note up a half a point 15 ticks 127 13 over the highs has volume behind it 30 a bond at the full point six ticks 154 23 and King dollar King dollar down to 427 ticks 96 570 King dollar has volume again this is the fifth day in a row that we get volume on the way down that 94 is looking more probable each and every day folks 94 is the lower end of the consolidation that we've been in since last October Euro the year is at 113 22 the end is at 108 and the pound is at 127 so let's get over and take a look at the S&P's so take a look at the spy we get the spy right now you're up 248 your swing points up here the small swing points the one I want to look at 286 69 so you're over the 286 69 that's just as little I have to ask why that's the swing point if the one right before it is a little bit higher it is no that's the major swing no I'm even talking about the day before it right yeah nope before right there well because we gap down there okay what happens on a gap a gap a gap is considered a swing point that's what happens so what had happened here is that was that's on the 22nd we close the 285 and then the next day that we gap down so that gap there so it was trying to fill the gap yes they're filled it got over it so it gets over to course then it's like what is game is right there all the way up at 289 yeah it's just that because that's the major swing yeah no it's just idea yeah so let me look at the MDX 100 so the MDX has been the weakest so that baby one yeah this is cool okay so that baby's right into the gap same day you can see this 180 75 is that number into that gap right there and then if you put this across you're gonna see that it's also into the down draft from the was at the 13th right so that's gonna be kind of the benchmark the top of that is 180 126 because what I'm expecting out here today it's gonna get interesting to see how this shakes out that we're gonna get this actually see point of an ABC structure on the way down and you know this is a strong market though I mean it took off for Friday for a strong market yeah Ray Kites are coming at us and the market is even more certain today than it was yesterday yeah so let's let's look at the Fed fund futures this is gonna be like bizarre so it got up to 76 now I think I forgot what that was yesterday and for July we should take a picture of this almost every day because this has been moving we can always check out the archives I actually went back and looked at one of the archives and we actually archive all our programs oh yeah and you'll have this much screen right up there so if you want to check it out there you go so that's right in fact we can do a chart on this can't we well the lines the lines this is your chart right here oh cool okay you know I mean this tracks what so we're at 96% September 18th yes and we're 76 July 31st that's pretty wild man yeah that's a big number definitely the 10 year 2.0 6 yeah how is that crazy yeah can you type 10 year yeah it gets this is cool watching it this way right because that's not calibrating the exact low for some reason maybe it's as in the low over on the right there yeah I think it catches now that yeah right yeah but lowest actually 2.0 15 5 2.0 5 1 look at that yeah so and if we take this now put this on a weekly and you're gonna see that okay that 2.0 1 yep that's what it's gunning for sure and pretty crazy we're just at 2.6 and now we're at 2.0 5 yeah over half a point in like two months totally and now look at this this is this is a monthly chart yeah folks right and this gets bizarre that's 3.24 yeah crazy that's three feel like away the market is from that point though it's pretty highly correlated in terms of you know that's literally one of the lows in the market right the highs in the yield and you can see you know you barrel and into this 2.0 1 that to me says okay you might build some cause here but with game here is that 1.71 and it'd be interesting to see I mean there's only so many times you can say you know the argument against a weakening economy out there is that the average is still fine on a three month basis you know don't get so caught off by the one off there could have been floods that are holding back the economy you're listening to you know the head of the economic council president you know this there's always going to be excuses as in if it happens next month that's that's really there's gonna be more and more pressure there's no doubt because if it does happen next month the feds can almost feel like they have to react in the market at what point does the market actually get scared that the Fed can't react in that the jobs that aren't coming are gonna matter that's right yeah that's and that would be a quick down draft folks would straighten the Fed out in about a second that's what do you mean by that side of that what what presses the feds hands like this is not pressing the feds hands at all I mean the markets up what presses the heads feds hands is that you get some kind of report in the markets down four or five hundred then it's like okay we got to do something yeah because this is creating wealth you know you bottom line is the markets up it's like okay the markets up you know and it's the market up because then you know they're saying that okay the rates are gonna get on that because that's the market is saying yes the markets digging definitely about that yeah go go we take a look at the gold contract out here what we have inside the gold contract and you're gonna see that you know you're pressing once again and this is this is a great education folks just to see how when you press with volume even though you give it up on price bottom line what I've seen over and over again that comes back up there presses again and you can stand to get it you need volume again that's the bottom line but we're gonna get it you know we had pressed higher on Tuesday gave it up on price that was at the 1348 it closed down to 1320 1333 but gave it up in price pretty good now with this morning we already get 202,000 contracts this will do 350 3 this is that's a that's a big contract volume for it quite a past 10 in the morning so we get game here you know this game is still on for 1361 silver I think is actually this could be a decisive that's not it's not it's doing the same thing I would I'd like to see silvery even get heavy it today but silver we'll get the contract volume today we're 50,000 you're talking 132 for that high that was generated also on Tuesday felt $15 and 4 cents we hit 1507 some oh did you see beyond me they did I talked about in the update this is something else folks these these was ever shot beyond me it is in trouble big time I guess they might not be short anymore I hope yeah you know you're talking about an equity went to 135 this morning you got I think it's the 38 yeah 33% shot position one out of every three shares have to be brought back amazing most 4 million shares very yeah folks Tommy and I coming right back our phone numbers 8779276648 we have the Dow industrial right now nope we almost have them we're gonna leave it we're in tees for the break three 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on June 19th for all subscribers to the Taz profile scanner Steven Tom will break down the trade matrix market breadth heat grid as well as the three step process you can use with the Taz profile scanner to identify market movers and how to capitalize on that move for all the details and to get started with the Taz profile scanner today visit the front page of TFNN.com with a 30 day money-back guarantee you have nothing to risk go sign up today 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 and 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 it's a Dow, Dow industries are up 220 we get the Nasdaq up 986 S&Ps are up 24 and yeah you got to see this picture folks okay I'm putting this picture man on my bureau man because I'm telling you something I haven't seen it oh where do you see this thing so yesterday you had the celebration I've seen it right here no no I just mean as you pulled it up but I haven't seen it before you've had the celebration of D-Day right 75 years yeah yesterday yeah and there's two paratroopers that jumped 75 years ago and right now they're 94 years old and 96 it's so freaking cool it's unbelievable man yeah one of them said yeah that now we're gonna get you a great picture of this because the great picture of the Tampa Bay Times so that's that's Tom Rice okay but this one here yeah in World War two he was gonna get you this picture he looks like he's 60 man not 97 it's a it's in the front page of the time we'll take through it in the next they got him up in the it's amazing man so the guy that like his 95 he said yeah man I commit for a hot land and a hot landing man I'm telling you what what a just it's amazing blew my mind man pretty cool yeah they got a quote no it's it's amazing yeah I got a replacement left knee and I got a right needs a little sore but we're gonna ignore that rice said I do this because I like to and it's an extended dimension of maybe my personality there's no doubt that's that is pretty cool man oh my god it's unbelievable pretty cool jumping out of a plane period I have also never jumped out of a plane I wouldn't I don't have to see in that I love it as to get to going forward you know my sister your daughter she jumped out of a I know I know man I know yeah 8779276648 well we get gold is good oh let's go to the dollar so the dollar you know we finally get some volume in the dollar you know we get it down dread trend happening and it's the first time that you know since last October that you really have volume yeah this is the fifth day you know we got 18,000 contracts out here today now it looks like we're gonna yeah this is what this will do a small ABC down you know you're breaking the low from Wednesday that'll get you'd like let's see let's that's 98195 let's just say it's 98 okay so it's like two and a half points which we get you to 95 let's say about 95 is that 95 that yeah so your next level is that looks like the 20th of May and that's gonna well basically put some juice behind this metal market how about can we go into the let me I'm gonna pull up you on me just to put the yeah and this is over the true numbers I didn't actually check out the numbers I'm sure they're great I just wanted to show even last night right man I mean talk about it goes from a hundred we'll call it yeah up to what's the high there 125 on the dot not bad and then it pulls back to like 114 even from there man you're up 10% from where this thing settled at right like last night after you know which is remarkable and that's 10% as in going from 114 to 127 you're 13 bucks on like a 113 stock right pretty close even more than that but man you're you're 9 bucks off the heist which are you from 140 I mean it's a rocket ship and then you know the numbers were that big they expected to make 205 million for the year they're gonna make 210 they said they're gonna double their capacity though you know but guess what it was enough to basically rock the stock you know okay well captured investors attention was the forecast that sales would exceed 210 million this year beating the analyst estimate of about 205 to put that in perspective revenue was 88 million last year yeah we'll see now you want to see something that was priced for perfection there right I mean that's where it gets this yeah so you get a market cap of 7.5 billion not bad right it was 6 billion yesterday yes okay so now they adjusted this to 215 million okay year yep right so just keep that yep we're still gonna be at a loss right now watch this Tyson T why I'm just bringing another food company up sure and you're gonna see so as you go into it what's not even just another food company right they're the ones they were partners they sold their steak and beyond oh that's right right beforehand oh yeah out with their own brand so it's gonna be even better so yeah this is crazy so now so now what's this 30 billion dollar company 30 billion 7.5 and how much are they taking it 43 billion for 43 billion they're gonna make a billion and a half dollars six dollars I think they got me so many shares last night what do they got 300 million shares 300 million shares six bucks right that's 1.8 billion yeah 1.8 yeah they're gonna make 1.8 billion so you can see that number is skewed in a huge way I would agree I heard you know you know that that run again and I said geez you know they were already almost priced for perfection seven and a half billion dollars I mean we pulled up Signature Jewelers yesterday right okay they own all of it that company in completion is worth about 950 million right you know and they sell almost every single diamond jewelry and every mall they do think of and somehow this beyond me company that barely pulls in 200 million dollars on a year yeah and loses money yeah now this is interesting to okay I want to see where they had options and they do have options so that's gonna be so let's see I tell you what can we jump over here because I like yeah options so we're gonna go in we're gonna go into trade right yeah all right so here are all our contracts what it will how far we want to go out I just go to want to go to July July all right where are we there's July yeah it's nice is they they comment the weeklies right and then you get the monthlies these are the big ones so right away what's awesome expect and move man right implied volatility 35 dollars yeah you're not the only one wondering about maybe making a trade for for a set bar for some action right crazy cuz I was thinking the same thing in terms of there's got to be a pullback right right it's got to be a pullback I mean that no that's what all the people have got a shot the stock yeah I can yeah let's okay so how many strikes we want to show much more than that let's show them all figure out where I want to be so we're trading right now 126 125 is the closest one so if you're you want to buy a put right you want to buy a put put it at the money I'm just curious around well right so at the money you're paying I mean basically we're at 126 if you want to buy a put at 125 so you're $1 out of the money 22 bucks 20 23 23 70 that's the that's the bid and you're gonna buy okay you go on either side you're right right right I'm just looking at that's that's a lot of people last year is 22 so okay cool yeah so you get the yes a lot of money so what happens that something like that happens folks that at first has to get on 22 also you to break even it has to go lower than that yeah and even an extra buck 80 because you're out of the money buy a buck 80 on this one so you're really talking about 24 bucks of movement you need you know 100 almost becomes right your price point of your break even now we were just at 100 it's possible let's go out even further oh you want to pay more premium yeah let's go to November all right November 71 dollars implied volatility oh my god let's look at it anyway yeah no no no it's now there you go look at that number folks oh my god and these do get skewed I've looked at them before you or because when you're buying a put you capped out at zero right into your profits are capped out at zero and when you start paying that amount of premium $46 I mean you better hope that so so look at this folks even for a 42 dollars you're gonna pay $3.20 yeah yeah yeah and you probably hopefully you move that out maybe if you know you're not actually looking for it to trade at $30 in there maybe just looking for a weak trader I don't know I don't know because I wouldn't be trading oh yeah no way yeah so yeah folks Tommy and I come right back at phone number 8779276648 right back folks hi folks Tom O'Brien here if you'd like to get my daily newsletter market insights then now is a great 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 as 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 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newsletter he delivers every morning then visit the front page of TFNN and you'll find the path of least resistance under trading newsletters for all the details and to start your 30-day free trial today log on to TFNN.com now is excited about our new software charting program the art of timing the trade charts in collaboration with Tom O'Brien and using his best-selling book the art of timing the trade your ultimate trading mastery system David White has programmed an outstanding piece of software that will complement any trader's using this first-of-its-kind program the art of timing the trade charts allows you to scan thousands of stocks for Fibonacci formation setups including guardleafs, ABCs, butterflies and much more the art of timing the trade charts 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 don't miss out on this incredible new 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 to Dow, Dow Industries up 241 you get the Nasdaq up 101 S&Ps up 27 you get some big numbers out here there's no doubt let's go inside the Dow industrials so let's see percentage wise what we've done out here you get the Nasdaq up 1.3 percent, Dow's up nine tenths S&Ps are the same nine tenths inside the Dow industrials you're up 240 the only ones that are negative at all are JP Morgan and Goldman slightly uh Apple Apple putting 34 positive points Visa 23, Microsoft 23, Boeing 22 let's go to Apple for Apple okay so you've got eight million shares you get a pop no doubt this they did 22 million you're coming into 192 192.77 that would be the number 192.42 you'd like I'd like I mean if you're going to go shot that I'd like to see that get actually get over that today and then close underneath it Amazon let's just take a look at some of these fangs Amazon's up 41 dollars Google's the one that's still having a hard time yeah it's up 11 dollars that thing is definitely having a hard time Netflix Netflix up six dollars staying at the top of its range what Disney can you pull up just uh yeah I'm always interested as they become competitors in the same arena yeah yeah a bunch of people that's pretty decent yeah and Disney has a volume at that high that high wants to get tested 137 is a low but 142 is the high maybe we'll come out there today they might have been their earnings too I think they that was their earnings that day it might have been yeah because I remember they got the huge first up thrust on their announcement of the platform yeah and then they got kind of a further when they come out their earnings and let's go into the NDX 100 we'll take a look at the strength versus the weakness inside the NDX and we have Illumina up 5.7% Makata Libre up three Microsoft up three Apple up 2.7 downside there's not many you get western digital off 1.3 the rest of them small numbers six tenths of 1% lexopharmaceutical AMD was up two and a half percent yes that's gonna say huge yeah exactly serious satellite uh how about bitcoin bitcoin's uh positive again I saw it right around 8000 okay um yeah we got it up 290 bucks trading at 7980 going into the weekend yeah yeah it's almost like bitcoin's a weekend trader man can we get even closer uh wow there's been there's been a lot of volatility during the week man to to be fair uh you know this week especially right that's why it was interesting to see it back at 8000 because things got dicey on a couple of occasions I mean Wednesday we were down to 7500 and change yesterday we were down to 7500 and 7527 yes 74 73 um so it's got to be nice to see that cat back above 8000 500 bucks yeah even if you want volatility in both directions right unbelievable yeah pretty wild man yeah so the uh yeah here's here's can we put that oh we got it is that the one well no that's not the one but that's a good we got more of them sure so look at this folks this is this is a picture 90 this guy's 97 years old my god there we go man for this is amazing look at this the guy I knew they're gonna do it that's okay we got it right there perfect 97 years old man yeah pretty cool then oh see the second one in see that related picture that's the one I think that's the one look at this there we go perfect he's got an American flag tied to his shoe gotta love it man he's the you can see the one guy's got the the two cords yep right oh yeah totally my god that's I think they call it tandem right if anybody goes yeah uh I mean that's how most people parachute as in you know if you go parachuting yeah you're going with the tandem yeah right right because you can pass out I mean that's that's uh that's really the fear I think or you just bang your head and then here that's right no yeah well I guess we already showed them that one look at that yeah my god yeah that is so cool makes me want to jump out of a plane yeah I'm putting that right in front of me every morning when I'm waking up man you got it it's totally where it's at look at this s&p go s&p go because I'm gonna be so long getting off this air I'm gonna be looking to sell this market before the close today so let's see what we got here get up to the swing point that'd be really good so the futures right now the top of that is what 29 28 94 boy that'd be quite a run yes yeah let's see what was again sorry just because it was 29 28 94 no that's not crazy that's 18 points oh I know yeah the queues let's go look at the queues and queue I think we're still on the m's because I think the queues are the way to go here yeah they're still the weakest they're up to 127 right now but they just haven't done yeah they're quite away now if they make it to that swing yeah 76 41 yeah oh boy that's 230 points away yeah yeah well let's see where this shakes out man these the small caps might just have to wait to Monday let's see yeah small caps are interesting now these are right into the gap which is 152 yesterday on Wednesday hit 150 88 oh look at that you're 150 88 right now so we're just testing the highs of the Wednesday right now the exact number actually yeah um pretty wild hey so how about those Bruins last night little sports update that our Boston fans that was an amazing game I think we got hosed man it was an amazing game for anybody that didn't see it Bruins lost by a goal right two to one um but man one of the goals the blues had that Bruins player gets tripped no penalty is called um and the blue score basically immediately right yeah right it's you know it's amazing it's amazing how great those guys are folks just unbelievable and it was a great game it's it's been a great series hopefully the bees step it up they got a tough task now they're gonna go back to St. Louis for game six down three two and then hopefully they can bring it back to Boston for game seven is that how it's gonna go one that's how it goes yeah oh that's intense that's it Bruins had the edge there well they had best of three and they had two home games so they really lost the big edge by losing at home last night because then they have to go to St. Louis for game six right um which which could wrap it up yeah right just that was out pretty intense man yeah you know it's amazing as the like I know hockey's got better and better over the course of time but it still blows my mind how they can redirect parks they they must slow everything down they just take that stick and I coordination man right I mean watch out I know it's amazing you're talking about in the hitting last night was insane yeah hey you're gonna you got a Stanley cup at play there man you better watch out and and Chara right with a broken jaw in there is that what I was wondering who's talking about so the previous game he took a puck to the face um yeah and it basically wasn't a straight slap shot it went off a stick but right you know basically off a stick right up into your face um blood right away hockey man watch out um so he sat on the bench he didn't he couldn't play for almost two full periods of the previous game okay um and they weren't sure about tonight they brought him back and he was pretty good for a broken jaw um I saw something ahead of the games we come into the commercial though uh so they all take questions right yeah and Chara can't really talk because his jaw is like broken and wired and so it's like you know the the pun was most hockey thing ever is he's up there and he's got to answer questions by writing it because he can't even talk his jaws broken but he's gonna be playing man playing last night I'm sure he'll be playing for game six too that's awesome it is man he's a beast stay right there folks Tommy and I are coming right back now now the industry is up 266 and now it's like up 114 s and p is up 30 come right if you are in the cd market and looking for a secure investment the Tiger first mortgage program may work for you the security for these first mortgages are building lots in the tax opportunity zone in st. 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must have for every trader looking to gain a competitive informational edge in today's markets TFNN newsletters cover every aspect of the markets to offer you the very latest in market news plus new subscribers get to test drive our newsletters risk-free for 30 days from all aspects of the markets including stocks bonds metals commodities and tech there's a newsletter to fit your needs exclusively from TFNN stay informed each day you trade and get the competitive edge that will help you stay ahead of the game visit our newsletters page by going to TFNN.com and click the newsletters button near the top of the page 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 shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares 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 don't forget you can listen to TFNN live on your mobile device 24 hours per day go to TFNN.com then hit watch tiger tv that's TFNN.com then hit watch tiger tv for the latest market information welcome back folks uh dow dow is up 287 now 122 s&p's are up 32 and we got our man Mr. Basil Chapman coming up folks he's going to be uh riding the wave looking at the tide doing a great workshop for everyone that's right coming up Wednesday man June 12th he'll be in there right following your program 5 p.m eastern time until 6 30 basil always does great workshops man he'll be ready 90 minutes in there with his subscribers called the tide he'll be talking about whether that tide's coming in going out as in bullish bearish looking at a variety of timeframes he's going to talk about indices currencies commodities interest rates key of what happened today um and currencies and um the things he's going to be talking about pretty standard tools available on all software packages basil talks about he's going to be talking about looking at what he's looking at historically and then looking at current markets right now what's going on um so it should be great all subscribers also gain access he's got three archive workshops up there each of those 90 minutes as well so you can get started over the weekend you got some time to kill check out some of those archive workout workshops check out basil's newsletter you get access to all the newsletters the archives as well and uh check it out man Wednesday and i know basil he's actually in jump on with you this afternoon 3 15 talk about a little bit what's going on get ready for that workshop and all you do folks just subscribe comes you know you can subscribe for one month for 128 six months for 595 which is a savings of 173 dollars or 22 a year for 995 that save 541 or 35% savings and they all with 30 day money back that's right new subscribers 30 day money back guarantee can't beat it you get in there you gain access to the archives the live webinar of course that webinar will be archived too if you can't make it for the full 90 minutes you can go back in there and check it out whenever you'd like there's no doubt that we have movement in the marketplace that's for sure i was so let's go take a look at the i'm sure the vixx has already got crushed let's go take a look at that yeah so you're down you're at 1586 i was actually surprised by the vixx's action this morning in terms of not going lower i mean you look at you know where the market is right now right we're almost at highs well the low of the vixx this morning was actually 1533 right and what are we doing at 50 cents above that level when the dow is almost up 300 points right now right well what did what did you have there's no doubt is that you got the taff's supposed to go on monday morning you know the president's going to be back in this afternoon at 4 30 you can expect a couple tweets i hope i get we get the tweets before the market closes yeah so um so there is the vixx and and that's not really um in it doesn't jive as much as it usually does with the market in terms of you know you don't see this falling off as the market has taken off now you did see a spike you know right at the news basically of 1533 um but the market's going up a lot since then yes um but the market the vixx is saying yeah we're still gonna price in a little premium yes for some volatility here right because the volatility is no doubt of you yeah that's the way you know you're looking at if we go take a look at the uh the gold bugs index you're gonna see that this is just making its way you know up to this uh swing area the uh 8 well 180 you're 171 25 now what we're gonna have this week folks inside the xau the hui the gdx all the above on these weeklies you're gonna have some really nice volume uh and the the bar is pretty extraordinary already this is not you know this is not taking into account even today's you got 100 million and you're going into uh well you're going to 147 million so we still need more volume yeah um the high out here is uh 200 million interesting yeah we're gonna need more than we're 109 that's in the hui uh the xau okay that's a 75 13 that's looking for that $80 mark put this on the weekly it's a decisive break of the downtrend no doubt about that i would say so yeah quite a quite a couple 163 million okay so this is a better deal going to 174 so so this will have the volume in the weekly versus the uh gold bugs index the high we're going into is a 213 still gonna need a lot more volume as we approach that swing high uh gdx that's almost up there right now this is pretty cool look at this so the gdx so far 229 now that has the volume interesting okay that's going into 236 and we get all day so that's that's a that's a good sign man that's a good sign you're going to 248 uh the gdx is saying that we're gonna get it let's see what we did yesterday 48 million yeah that's that's a good that's a good situation so that's pretty cool uh and silver finally got caught a move you know so the silver you know bottom line mark it's not stopping right i know man keep going three ten in the doubt three ten going let me see these cues man i want them to hit a swing so we get the cues right now what is that gap that gap is uh 182 88 okay close man give it give it five minutes we get 13 minutes left in the show good yeah good let's see yep stretch stretch stretch no this is not stopping this is a perfect friday uh trading in the summer oh look at this this is this is this is really good news we get the tigers and tigers shotting the gold market that's perfect so let's take a look so the gld uh 127 07 the swing points 127 21 now that's what we hit today you need eight million shares and we're gonna get eight million shares easy oh boy this is gonna be that's good so we're coming to that swing with volume we do this on a weekly what's that 30 38 32 30 million any good coming to 38 just gonna blow away that swing point nope i i i know one of the tigers is just playing the retracement but this is what you want to wrap your head around slightly here you're coming to the swing point with 38 million we're not even done today and the swing point has 38 million so this thing is going to basically this is pushing it to the swing with volume you love it friday and the gold market can be highly volatile especially on jobs day yeah on farm payroll throw that into the mix for sure totally and then you got the well here the gold contract itself is what you can expect here coming into the close so it's going to happen here is that the the pit closes i believe at 130 and i believe you're so what you're going to have here people have to make their decision on these tariffs before 130 and no one's going to know you know for sure what's going to happen but when you get an expansion like this i would say that the reality is is that you're going to have a run up into the close versus the sell-off and the high that we're going after right now is that uh 1361 okay you see this intraday okay so we don't have an abc up intraday because we just took out the b but you can see that that's the big bar that was at 1349 yeah and that is the 30 bar on the yeah on the dot yeah it's pushing though this thing's pushing you know you gotta love markets man and look at this is not stopping there's no doubt um stay right there folks tell me how you're going to become right back don't forget i'm am Mr. Basil Chapman next wednesday uh june 12 pretty well yeah wednesday it's gonna be a great workshop folks all you have to do go over test drive his newsletter i guess you great newsletter for the month gets you into the workshop and you can see we got a market that uh basically you can trade both ways dow industry is up 303 nasik up 129 sps up 34 car 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 and p 500 for the last 12 six and three months timer digest also ranks me as the number one market timer for gold as well the fact is markets can be timed and i'll teach you the exact set of tools that i use that is transforming into one of the best at what i do sign up for mastering probability today by clicking on the newsletter tab on the homepage of tfn.com and get immediate access to workshops where i take you step by step how to use an extraordinary set of tools as well as provide great market calls to sign up today it's amazing to think that tom o brian started his weekly gold report 17 years ago with the first issue published april 7th 2002 when gold was trading at under $300 per ounce gold peaked at more than $1,900 in 2011 and after spending many years consolidating at lower prices gold may be poised for its next big run tom o brian publishes his weekly gold report every monday morning for subscribers consisting of coverage of the xau hui gdx the dollar bonds south african rand as well as 25 different mining equities with specific buy sell recommendations as of april 1st of this year the gold report currently has eight active positions with an average unrealized profit of almost eight percent for each open trade new subscribers get a 30 day money back guarantee so you have nothing to risk for all the details and to start your gold report subscription today visit the front page of tfnn.com don't let gold's next big run pass you by sign up today basil Chapman has a special subscriber webinar coming up wednesday june 12th at 5 p.m. called the tide in this webinar basil will be demonstrating techniques that can help one identify whether the tide is coming in or going out that is whether a trend is bullish or bearish in a variety of time frames and basil will be speaking specifically to indices currencies commodities interest rates and key stocks the technical tools that basil will be discussing are available on almost all software packages that will be shown in historical context as well as live for current market setups identifying the key trend allows one to trade with the tide rather than against it subscribers also gain immediate access to three archived workshops so you can get started right away when you sign up for all the details on the opening call and basil's upcoming subscriber webinar the tide this coming wednesday visit the front page of tfnn.com and sign up today 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 what it looks like dials up 319 nasdaq's up 130 s and p's are up 35 percentage wise out here you get the dial industries up 1.7 nasdaq um oh nasdaq up 1.7 dial up 1.2 s and p's up 1.1 big numbers man definitely no two ways about it we take the board yeah across the board to take a look at the spy spy 23 million shares traded we did 69 million yesterday so you're gonna have volume there you know you're coming into this swing point the swing up there is what two we're gonna get it man 289 21 oh my watch out yeah seriously uh we take a look at the cues straight line move 180 109 and yeah see the volume's dying behind the cues i like i like the cues on the shot side okay so that's where my head's gonna go it's be interesting watching this shake off so we'll see where the whole rest of this shakes out uh but i think you know they're forcing the hand here there's no there's no doubt about that beyond b y n d let me see what this thing is doing because that is putting some uh look at this oh not stopping exactly man i think we're at 127 when we pulled it up briefly prior 131 yeah right high as 135 80 maybe it'll get back there yeah well yeah you can see that was the spike high but you can see look at that right there last 10 minute man it wants it wants to go up there and the way this market is rolling uh you know we'll see those shots uh how they get their hands forced i wonder what that number is going to be when you know next week as in when a recalibrate i know interested to see if they hold i mean hey those tesla shorts held out forever when it went to the moon so somehow those shorts they they stay in the game somehow they did stay right there folks we get fast market coming up next we get our man mr valliser chap and steve rhodes day white these like this afternoon thanks about thanks man we'll get them folks