 headline news update. Hi everyone, Basel Chapman here on this Tuesday, December the 14th. We're looking at a Dow that saw it off very weak and now it's come back quite nicely. It's up 65 at 35,717 after holding the 14 period exponential moving average. Let's see what happens by the close. You can understand that there's going to be a little bit of a shaky market as we come into the Fed speak tomorrow and Thursday. I'll be talking about that in my show coming up. I got some opinions about it. We're looking at the S&P weaker than the Dow. It's down 20 at 46, 48. It's underneath the 14 period moving average, not that good. And we're looking at the QQQ, the NDX100 took a bit of a dive. It's down almost four points at 388.33 sitting on the 50 period moving average. This is not that great. We'll see what happens over the next few days because it needs to hold the 385 level. We're looking at the IWM, the Russell 2000, the small caps. Try to have a bounce today. It's up 71 cents at 216.79, making the arch formation. We'll see if this is able to get from 216 right now into the 219 area by Thursday or Friday. It's going to be important. We're looking at gold pulling back quite sharp. Gold is down 12. That's 1776. It's making that arch formation. Now it's underneath that support level in the weekly chart, but it's a weekly chart. So the week is young. We'll see what happens. It's got to hold 1758. We're looking at, I'm going to go to a high grade copper just quickly. High grade copper is stuck in a range at the bottom. Crude all tried to rally and now it's pulling back. It's down 66 cents at 70.62, but it's actually holding in this 69 to 71 range. And the TLT, and this is going to be very important coming up in the next two days, is down. So yields are popping up a little bit. It's down $1.64 at 149.42. What we're going to be looking at is how does the market hold up? Which sectors are holding up? Even after Fed speak comes Wednesday and Thursday. What in the sieve? What falls right through and what holds? That's going to be what we'll talk about in the coming show. My Tiger technicians are in the next few minutes. I have some ideas about that. In the meantime, back at the ranch, what we're looking at is there's a stalling motion right now, as we await the Fed's. I'll be back in a moment. Baselchap, check out my opening formal day in Houston. I'll be back in a moment. Baselchap, meeting for you on my return. Hope you can be there. Otherwise, tomorrow's same time.