 The following is a presentation of TFNN. Trade what you see with Larry Pezzavento, toll free at 1-877-927-6648 or internationally at 727-873-7618. Now, Larry Pezzavento. Okay, looking good, Billy Ray feeling good, Louis. We're going to take a look at the German DAX and also the FTSE, like we usually do. Both of these markets have evidently not caught the infection of higher prices like we have here in the United States. I believe this is the seventh day up in the markets as the bank earnings, as Tommy reported, are going crazy, pushing stocks higher and they seem to be wanting to go higher and higher. We had a question about one of the things that we've been following closely and that is the price of platinum. Folks, if you'll take a look at the platinum here, you'll notice that we were looking at a price here of around 1039, 1038. We hit a 1046 this morning early. We're now trading at around 1032, I believe, so it's backed off a little bit. That has completed that pattern. That is the major ABCD pattern from the high on September the 3rd to the low down on November the 11th, and that does complete that up into that level. As you know, the silver and gold have been lagging badly behind this, but the platinum has been going crazy, but nothing like what has been going on with the old palladium. Folks, you're not going to believe the price of palladium this morning. It was exactly 2255, I believe, was the high on palladium today. That exceeds the 1.618 by quite a bit. It exceeds the ABCD by quite a bit, so it's certainly going up a whole lot. How old we got our first caller today? Holy cow, from South Carolina, we've got Gomer on the line. Gomer, are you there? Hi there, Mr. Larry. Thank you for taking my call. How are you today? Well, I'm good. Gomer, what can I help you with? I'd like you to talk about Tesla. Okay, we'll do that, Gomer. As you can see here, we've got a price here of 1.618 up there at the 454 level. That was the high on the stock was, I believe 452. It's down about $25. But Mr. Larry, what happened to Mr. Isaac Newton? He always said that for what goes up must come down. He don't seem to be happening to stocks these days. Well, Gomer, sometimes things are different. This happens to be one of those times and, you know, maybe I'll have to do something different. Well, Mr. Larry, if you ever get a chance to come down here to Maybury, come down and we'll teach you how to flip grits. You can make a living doing that, my friend. Well, Gomer, thanks for calling in, buddy. Keep those cards and letters coming in. Okay, folks, that was nice of Gomer to call in. I always wondered when I was going to be able to learn how to flip grits, but that's the way it goes. Folks, I have no idea where the stocks are going, but they have gone far, far higher than I ever thought they would, which, you know, I'm surprised a lot. This one really surprised me. Now, the $64 question on Tesla is, was that the 1.618? If you remember, I was very, very excited about Apple when it was at the 1.618 at $294, I believe. And, of course, now it's at $314, $20 higher. So just because these numbers hit, that doesn't mean they're edged in stone, and that's why they have value, because when they go beyond these numbers, that's where you really have to decide whether you want to move on or not. So let's keep that in mind when we're looking at some of these. We're looking at the NASDAQ. You'll see here it just keeps accelerating to the upside, and we'll be able to see if it's going to be going up to this level right here. You'll see where we hit 91. I think we hit 91.10 last night. So we'll be able to see if that's going to be very much. The next one, since we're down there in Mayberry, we might as well talk about the hog market, because that one's been working really nice, and it still has some nice profits in it. And then we also need to chat a little bit, because the China trade deal is all in, and we need to, well, there's supposed to be Phase 2, Phase 3, whatever it's going to be. We really don't know all the things to it, but we're going to talk a little bit about the soybean complex this morning. Remember, we were looking at, yes, that's why you have erasers on your pencil bill for when you make mistakes. Here's the March soybean oil. The two things that are important about this chart, folks. Two weeks ago, we reported that we were making a 1.618 expansion of the high in February. We were also making an ABCD pattern. We've now dropped 2.5 handles down from that high, and so we should be coming into some really good support here at around 3250. You'll see that's that old high with the double top was. That should be very good support, because that will also be a 382 off of the bottom, and it will also be a 61% retracement off the low of 382. So that's where the numbers come in to help you to find out whether they're going to work or not. And believe me, you know, folks, you really have to be right really about 30% of the time. Tom Hougart has proven that beyond any stretch of the imagination for what he's done over the last six years or so, but that's what you really have to do, and it's all based on expectancy. You take your, and this is one of the things that I'm going to be covering in the webinar that I'm going to be doing here pretty soon at TFNN. You want to take your average win, your percent of your win, time your average win, and you take your minus, your percent loss, time your average loss, and you divide that by your average loss, and it will get you to what you're going to be looking at with the amount of money that you have to risk per trade. That's a short way of looking at optimal F is what Ralph Vince looks like. Now today, I'm going to be taking Tom O'Brien's place at three o'clock doing his show, and I'm going to be covering some of the things that Ralph Vince had in his letter, because he has switched from bullish to bearish. He's not shorting. He's just getting out of all long positions is what he was referring to this morning. So that's what we're watching. So we'll see, you know, what happens as we walk through this today and look at some of the things that are really happening with this. So bear with me as I move on to the next one that I wanted to cover, because it was something that we talked about yesterday, and I believe, yes, here we are. This was getting back to the soybean complex again. Let's take a look at this. Okay, you'll notice here that we have pretty much of a triple top from June. Well, it's pretty much a head and shoulder, isn't it? Yeah, it is a head and shoulder's top. Shut the front door and raise the rent. I missed that. Yeah, they're both the same price. $9.62 in March beans. They're both the same back in June. And again, there's a perfect $61. The ABCD's there. What we were talking about was that cluster of how the market had stayed there for about 10 days, and that's exactly what happened and then broke down. Look what happened in October. The market stayed there for 10 days and then broke down. Look what happened in June. The market stayed there for 8 days and then broke down. So watch these patterns, folks. They repeat over and over again and with regularity enough that you can make a prediction. That's what Dr. Andrew Lowe used in his book, How to Look at the Non-Random Walk Down Wall Street. So that's very, very important to pay very, very close attention to that. So we'll have got a break coming up here pretty soon already. Let's check and see how much higher. We up to $300 on the Dow yet? No, but soon, I think. Let's see where we are here. We got up to trading at $33.05. Watch $33.11 today, folks. $33.11 to $33.23 in the S&P. Or is that $43.23? It's one of those two numbers, either $33.43 or $23.43. I'm not sure. Anyway, $33.11 is the number that we're looking at. So sort of kind of keep a close eye on that and that'll be an interesting one. The gold continues to sell off. All we did last night was to make a 78% retracement of the previous day's high. 877-927-6648. If you're looking for a scanner when looking at setting up your trading opportunities, then your arsenal is short a mighty weapon. The TAS Profile Scanner is a standalone piece of software that instantly filters over 2,500 global financial markets such as stocks, ETFs, commodity futures, and forex. Heated by Steve Dahl, TAS understands that in today's technological world, the use of top flight software applications and technical analysis expertise is essential and also gain access to the webinar that Steve Dahl and Tom O'Brien just hosted, the best way to use the TAS Profile Scanner to profit. This webinar archive is available for all subscribers immediately upon signing up. All new subscriptions also come with a 30-day money-back guarantee so you have nothing to risk. Start your subscription by visiting the front page of TFNN.com today and you'll find the TAS Profile Scanner under the Services tab. Sign up today. Are you in the market for buying or selling real estate in the Bay Area including the surrounding St. Petersburg, Tampa, and Clearwater markets? Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area. Whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property, Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels. From the price you should be paying per square foot in certain up-and-coming areas to the type of cash flow investment properties are capable of creating, Tiger Real Estate can help you make the best decision when it comes to all areas of the market. Before you make one of the biggest decisions of your financial future, call Tiger Real Estate LLC today at 727-329-8322 or email us at Tiger at TFNN.com. That's 727-329-8322 Call us today. Many of our new listeners have heard about The Tiger's Den. The Tiger's Den is a lively community where professional traders and investors can meet, exchange ideas and information in a comfortable moderated atmosphere. Hear all of the TFNN shows, plus see all of the charts as they happen live and have access to archives of all of those charts. You can test drive The Tiger's Den absolutely free for 30 days and greatly enrich your knowledge of these markets and how to make your money work for you. Details on The Tiger's Den are on the front page of TFNN.com. 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 in 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. Okay, folks. The next chart you're looking at comes from Mr. Z. He told us that Mr. Tom DeMarca is looking at a potential sequential pattern setting up. As you can see, it has to go down quite a bit. It has to reverse the close four days earlier, so that's a long way forward to go, but there's a potential setup. That means this thing could go up another 10 days and then form another pattern, but it doesn't work until it breaks down. We've had a request here to take a look at the corn market, and we certainly want to do that. Let's get this up here and take a quick look at corn, and hopefully we'll be able to see everything we need to see in the corn market. We're looking okay here. Let's get this up here to take a look at it. We're still quite a bit lower than we've been in a long time. Let's get this chart up so everybody can see it, and then we'll be in good shape here. Hold on. This happens to be the March corn we're looking at right now. As you can see, we rallied up to that 61% retracement around at 391, 392. We're now 10 cents lower. We're down a little bit this morning here. I believe that corn's got really good support around the 372 level. You see that it hit it once, and we had the report. You'll notice that spike that came down at 377. If corn's really good, Bob has a question from Spokane. If corn is really good, it's not going to take out 375. Right now you have a risk between 382 and 375, which is 7 cents in corn, which is 350 bucks. If it goes below that, then there's something wrong, and the trend is down. Right now, if you look at this, we're in a pinnit formation. You can see we have lower highs and higher lows over the past month or so. It's very simple to see that. In fact, on the day of the report, we had a 135 pattern form. That is a really nice pattern, and it stopped exactly at the ratios that it was supposed to, and promptly rallied 15 cents, and now it's giving some of it back. You have to assume that this is still in an uptrend. That's the way I would look at it, Bob. I hope that helps, but from this level, you don't have to risk very much at all to see if you're correct, but below 375, you're going to have some problems. That's the way I would look at it. That's the way it would look like to me, but just to show you where we've been here, folks, let's just take a look here over the last day. You talk about inflation. Let's take a look at the corn here over the last five years. Let's take a look at this, folks. We were trading at $8 a bushel way back in 2012, and now we're one-third that price. Look, we've been at this level now since 2015, so there's a lot of demand that's been going on around $350, $4 a bushel, and if this thing ever pops up to the upside, you could see something really happen. Maybe that'll be related to the Federal Reserve or the demonetizing or re-monetizing or whatever they're going to do, but that's neither here nor there. I don't understand that mechanics behind that. All I do know is that that bond market certainly looks like it wants to go to the downside. I don't think there's any... Look, Terry's got a question. How do you decide which one to trade? Terry, you want to trade the one with the most open interest, but the best way to do that is to go to www.cme, and then you just click on Data, and then you go to Agriculture, go to Corn, and then look at the different contracts. They go from March. They have March, Corn, and then they have July, Corn. They don't have April and June, so you have March, July, August, and then you have September, December. But you find the one that has the most open interest. It's the front month, and that's the one you want to look at. Usually, in your database that you have it, they usually have the front month as your lead contract to make it easy for you to pick what you want to do. David just posted the website to look at, and then you just go in and look at it. That's what you do when you check open interest, and by the way, the open interest yesterday in all of the stock indices increased. That's the first increase we've had this week, and it was a pretty good increase, too, but we're still 25% under our highest open interest in the E-mini S&P because the people did not roll over from December to March. They did not roll over their lungs. Anyway, let's move on to the next question that we might have here, and I wanted to take just one second to talk about the dollar index here a little bit because I believe we're at a very, very critical level, folks, because, if you'll notice, we'll get this up here to take a quick look at it. We did hold that 97.25 level. We're a little bit lower than that now. That means that the euro has popped up. It's still flirting with that 1.12 in change, which is the 61% retracement. So we're still in this zone here. You still can't give up on the dollar because it still is, it looks still bullish, and the euro still does look bearish. The question is, is it going to break out of these levels? And you hear the pundits on the Bloomberg and CNBC, every time you have someone on, they have someone else replacing them, telling them just the exact opposite of what the other person said. So the only thing you can do is you got to rely on something. And so what I do is just try to rely on the ABCD patterns and see what's going on, and if you'll take a look here, this is what's been happening. All this is done, folks, this year in December at 1.16 in change, we came all the way down to 1.09. That was a beautiful three-drive to a bottom pattern, a monster ABCD. We tested it again at the 78% level there at 1.10 back on December the 1st. We completed the ABCD there, and right now we're in the midst of completing another ABCD. In other words, we started an A-leg down, and we should have really strong support if it's any good, but I think that around 1.1070 is what I would be looking at. But if we start getting below 1.10 in the euro, that's only down 150 pips from where we are right now, then you're looking at a market that's getting ready to break down, and it'll tell us more and more. That might be what would cause the gold to accelerate to the upside. But folks, until gold can clear 1.1570, I think it has a bias to the downside. Even though we've had big moves in platinum, like we did last night, we were looking at that over the last day or so, of course, but maybe that one's completed. I'm not absolutely sure, but nobody's sure of anything anymore. So those are the few of the things that we're paying close attention to here today. Alrighty, I wanted to mention something here about the Australian dollar, because the Australian dollar is still in a bullish mode. Let me get this up. Even with the fires going on over there, we still got up to around 6950. We're up now six days in a row. So we're due to have some type of a correction in here. There's some strong resistance up around 6970 in the Australian dollar, and we'll see whether that's going to hold the market or not. So let me take one second here to see how much things are running today. They're not going too crazy. We're still up about 100 in some points. In the Dow it looks like, 30 some in the NASDAQ, up about 10 or 11, 12 in the S&P. So it's relatively quiet here. And Mr. Newton will be disappointed that things are not going straight up today, but I told Isaac this morning in a seance that I had to be patient that, you know, they will get higher today. And someday, long before he's out of the history books, the market will go down. I assured him that I didn't know when exactly, but someday they would go down. By the way, I don't know if you folks know this or not, but Isaac Newton lost almost all of his money in the South Sea bubble back in the 1700s. And it was really quite sad, but he came back pretty good, I think. 877-927-6648. The path of least resistance is David White's daily trading news series. We're going to talk about how to trade against in futures, forex and stocks, how to translate three go-to patterns into supply and demand, and how to use them for entries, the continued importance of the opening price in 2020, and how to use the time of day when taking a position and for entry into longer trends. Sign up now by clicking on the newsletter tab on the front page of TFNN.com and select Fibonacci 24-7. It's daily trading newsletter, and if you're looking for active trading ideas, then now's a perfect time for a 30-day free trial to this powerful daily trading advisory service. 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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. Okay, we're back, folks, and we wanted to look at the price of wheat here. Yesterday, we talked about the possibility of that being a potential double-top in the wheat. So far, you know, this is exactly what's happened. I'll post what we're at this morning. We're now down 14 cents from the high where that ABCD structure came in. And so there should be strong support here at around $5.65 in the wheat. Anything below that would tell us that we're most probably getting ready to move a little bit lower, whether that's gonna happen or not. You know, we have to remain to be seen. The market's opening. Remember the price of 3311 in the S&P. We hit a high at 3308 last night. That's 3308, folks. 3308, that's the number. We're taking a different handle now. Anyway, let's keep an eye on that. Also, the bonds are weakening down mainly because of the problem that we had this morning with one of the reports that came out. But those of you that were listening to the show yesterday, if you remember, we were talking about the fact that we were looking at a very, very strong Fibonacci number in the bonds that would cause it a great deal of trouble up there at 58. Let's get this up here so you folks can see it up at 5824. We hit that this morning. We took out the previous days high by one tick and then bada bing, bada boom, and down it came to that level here at 5809. Now, if we start getting below 58, then you're gonna see more of a correction in here. But this did complete a perfect ABCD pattern. That is a Gartley pattern, and it has all the things necessary that you'd like to see, you know, to do that. So if it works sometimes, it's really good. When it doesn't work, don't do it. That's the bottom line. The key to winning folks is to don't take the losing trades. You've got to remember that. That will be covered exclusively in the webinar that I'm gonna be doing for TFNN. That'll probably be one of my last webinars, boys and girls. So try to listen to it. It's gonna have some really good stuff. We're gonna be talking about how to use option change to determine volatility and things like that. And, you know, you're gonna really enjoy it. I know you are. Because it's gonna be some fun new things that I think that you'll like. I've learned a lot over the past three or four months working daily with Tom Hougard and John Jamison. And so it's gonna be quite a good thing to look at. So far, we've almost made a new high in the S&P, but not yet. So we hope we're gonna be patient here the next second or so Mr. Newton will be back in business here to see higher prices, and here they come. Almost. We'll see what happens. Okay, move on. We have a question this morning. Going back to that corn market, the question is how do I know that 375 is going to hold? I absolutely do not know that. And I repeat that over and over again. You never know what's going to happen next. You have no control over that, folks. So pay very close attention to that. That's really, really important to understand that you don't want to get involved with that because it really messes up your thinking and all the other stuff that goes along with it. So that's why it's so very, very important. Okay, let's move on here to the next one we look at. So we hit the high. Did we make a new high in the NASDAQ yet? No, but we're close. The NASDAQ high is... Well, we just made it. Well, not yet. We'll see. Anyway, this is a key time of the day, that opening price. It's very, very interesting. One of the things that we'll be covering on that webinar is the key time of the day to trade. And believe it or not, folks, each of the instruments that you usually trade has a key time of the day that is different than you might think. In other words, it might not be 30 minutes. It might only be 20 minutes. It might be 15 minutes. It might be exactly at the opening. We're going to share some of those statistics with you to show you that you can actually put that big advantage in your favor as you start to look at these things. So that's what makes it sort of fun. Well, we're back up to the highs here in the E-mini. We're going to make that 33.11 without any much trouble, I would believe. So we'll see what happens with it today. I believe this is the seventh or eighth day in the row that we've been up. Let me double check this here in the NASDAQ. I believe I can do that quickly. Just get it up here. Let me see. One, two, three, four, five, six, seven, eight days in a row. So that's going to be an interesting one to see. Usually, well, you remember back in December, we had a run of 12 days in a row, and then we just backed off into early January, and we've been going up ever since that time also. So it's going to be quite interesting to see these things unfold as they come through. Oh, someone's had a question about sugar the sweet. Just give me a second here, and we'll get this up here. And also, we have a question about the coffee also. Let's get this up here. Remember the sugar? We've been quite bullish on this for quite some time here. Let's get this up here. I haven't updated the chart here, but it continues to move higher. Boy, what a nice bottom we had back there in September. Folks, let's get this up here so you folks can take a look at it. But we have continued to move on and away it goes. So that's another one that looks pretty good. Now, the other one that we really need to watch is the coffee because we have some coffee traders here at TFNN, maybe Ruby and some of the other folks. Mr. Z, I know, is involved with it quite a bit. And we were looking for coffee to hold, but it did not. And I think we brought that to your attention that it had to hold that 119 level, and it didn't. And let me get this up here. You can see what happened here. Pull this up here. You'll be able to see it pretty easily here. There we go. You see the 120 level was a 382. It didn't hold there at all. It just started breaking down. That told you something was wrong. There was a 50% retracement and a 382 retracement at the same time. And now we're coming down. The only hope it has now is down here at around 111, two cents away. That's going to be really important, folks, because that's going to be the 61% retracement of the low back from October. And it's going to be 78% from the low back on the 18th. That's where it's going. It's going to 111. The $64 question is, is it going to stay there or not? Look how many days in a row this one's been down. This has been down 13 days in a row. We came down five days, rallied up five days, and then bang, down 13 days. This is one of those ones. Oh, we wish we had Gomer back on the line. This is one that Isaac was right about. What went up did come down. Shut the front door. If you remember, if you've ever read any of the stuff of Einstein, I mean, I read about his life. I don't know anything about the math. That's too far over my pay grade. But he said that most of the laws that Newton relied on, that everybody relied on, the laws of gravity and motion, he said all these will be repealed. So, you know, Einstein was a pretty smart dude, but they haven't been repealed as of yet. So, let's remember that as we move on here through the Trials of Life. Someone asked a question about the Hang Sing Index, and I don't believe I have that anymore. Let me try it one more time here. I might be able to get it. Let me see if we can get this one more time here. Nope, my new data service doesn't have to. I have to figure out what the symbol is on that so we'll be able to take a look. The one thing I'm absolutely sure of, boys and girls, and I mean this with 100% certainty, we are going to see volatility that is gonna knock your socks off. So, get ready, boys and girls, get ready. You think that dot com bubble in 2000 was something? This is gonna be even bigger than that one. This is gonna make this one look like a nursery rhyme. And the reason why is we got too many of those weapons of mass destruction known as ETFs. So, that's it. We'll see what happens. Anyway, we'll move from that level on to the next time after we come back from the break. We'll talk a little bit more about the currencies, and we'll see it. All right. If you're 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. Petersburg, Florida. 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And it just so happens that Pallas will be changing signs from Sagittarius to Capricorn. We're entering Capricorn in two days from now. So I'm expecting a trend change in Palladium if that's how that works. Well, you know, the other one hasn't worked, so you better pay close attention. One thing you might want to do, Dennis, is to go back and check how the sign changes have worked with Palladium because sometimes that's how you find out if that cycle is there. So it's important. It's 30 days, so you could easily check it. But that's one thing to pay attention to. I don't trade Palladium at all. I never have, and it'll probably be a while before I will. 2250 today, we've already backed off $60. So it's not for the faint of heart. That's for sure. For sure. And I was wondering, I hate to ask it again. Is it three peaks and a domed top? Are people from last night trapped? Yes, it is. What I'll do is I'll draw in the three peaks so the folks can see it and then they can see the domed house, which is the extension that takes it up to the 2250 and then you'll be able to see what I'm talking about. Now, if you wanted to see one that's a lot easier to look at and much more fun to trade, if you take a look at the Palladium Dennis, it's much easier because you'll notice here on the Palladium we had a really nice butterfly pattern form. Excuse me, it's a three drive because we did take out the B point by higher high, so that's a top pattern right there and it also had the longer term ABCD that we talked about. That came in at 1038. We did get as high as 46 so it went about $400 higher and it's already broken $35 today. That's the first price objective, by the way, which is the 61% retracement of point C. So that's another one that looks real interesting. So I think something we should keep a close eye on anyway. Very nice. I'll look for retracement back up. Are you trading Palladium? Yes, I am. Very single contract. Well, you have to with single contracts. Are your fills okay? Are the bid nests all right? Because sometimes I know the bid nests can be horrendous in there, but how have they been filling you as far as your trade execution? I let it come to my price to those levels. Good. Using limit orders. In your trading room when you had trading tutor. I remember typing it's a privilege to be trading with you and you typed back who the heck are you? You know what? I should ask you the same question. Gormor today told me I was going to be flipping grits down in the Mayberry South Carolina pretty soon. So if it keeps going up it probably will. Actually, you know, I have not once we went above the high of the 10th, which was on Monday. I knew that there was something seriously wrong and so I had to stand aside after we went above that 3255 level. So we'll see if that's we did make a higher high just a little while ago on the S&P than we did overnight. But the NASDAQ keeps going crazy, which is what it should be doing. It moves 40 points just like palladium. Yeah, Bill Moridian says when Mars hits the eclipse point, that's when stuff really starts happening and I believe that is going to happen either in February or March when Mars hits the eclipse point. I know everyone was looking for that eclipse to change the trend, but sometimes you got to wait for Mars to come by. Yeah, well it could probably go up every day until then, but I will bring that chart out because I did get it from Bill and I can show you all the things that are happening. It's actually March 20th. That's when we come really close to the spring equinox, you know, so you can see if you get a chance to look in the Tiger Den, you'll see how all those planets are lined up on 60% and that means that something really big is going to happen, but you know this was as big as it gets from what we were looking at from the 10th through the 13th and here we are on the 16th and it's still going up and it's never been more than three days and this is day 5. It's going to an area where who knows where it's going to go. That's basically what you're paying attention to this morning anyway. Okay. All right. Thank you. Dennis, where are you from? New York, but I have a brother-in-law in Tucson. I can try to visit you later this year. Well, if you do, please give me a couple days' notice and come up and visit us. We'd be happy to see you, Dennis. We'll do. We validate parking here at the office too so it should be no problem. Great. Thanks a lot, my friend. I really appreciate it. Okay, let's take a quick review of the markets in here to see what we have going on. Okay, we got the S&P is now gone from high last night at 3.08. We've now come down to 3.04. The NASDAQ had a low at around 90, 87 and then it rallied up at a quick 30 points like it usually does up to 91, 17 and now it's backed off about 10 points. Folks, you're going to start to see some volatility in here. I don't know where the market's going to keep going straight up or not but you're going to see some incredible volatility so just buckle up your seatbelt and make sure you're wearing a seatbelt because it can be pretty nasty if you're not paying attention here. So that's another reason to use stops because if you don't use a stop you're basically telling Mr. Market or Mrs. Market that I know more than you do and that's the one thing we absolutely know for sure you do not know more than her that is etched in stone. Larry Williams did some work on the theory of runs in other words a number of times the market runs up three days backs off runs up four days backs off after three days there's a 70% chance that the market's going to back off after four days it's like 75% days six seven and eight it goes to 85% after days eight it is now in a continuous run where it could go eight, 13, 21 I think the number of days up still stands at 22 as I recall probably Palladian broke that but back in the old days it was 22 days up 22 days down in both sugar went 22 days up 22 days down sugar did it also those had the record as I remember but now that's going to be broken I'm sure because I haven't looked at that record in a very very long time so that's neither here nor there of what we're keeping an eye on so let's pay a closer attention because someday the market will correct whether it'll correct 3%, 2%, 30% or 50% we don't know but there will be a correction someday maybe not in my lifetime but we will see what happens overall as we move through these times of very interesting by the way I want to spend the last few minutes on the political environment here in the United States so I'm going to start out with telling you that there's going to be an election in November that concludes our talk on politics we'll get back after this next break and we'll review where some of these markets are and where they might possibly go and it looks like they could go a lot higher there's high probability though that Tesla has made a high folks because that big big problem 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 trade 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 our number one market timer in the world for the S&P 500 for the last 12, 6 and 3 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 has transformed me 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 TFNN.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 if you haven't checked out the newsletters page of TFNN.com what are you waiting for all of the TFNN newsletters are informative up-to-date affordable and 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 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the Chapman wave methodology along with other indicators Bazel Chapman advises his subscribers of his expert market opinion each market day with his opening call newsletter right now you can get a two week free trial to the opening call Bazel's daily trading newsletter by visiting the front page of TFNN.com cancel at any time during that trial absolutely nothing get your two week free trial to Bazel's newsletter the opening call 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 back folks and I wanted to mention that tomorrow will be Friday and that is very very important because it is followed by Saturday and Sunday and then Monday is a holiday so the markets will be closed and we will have a holiday on Monday and returning back into Tuesday so let's keep in mind that that's what's going on okay I posted the chart of the Euro you can see here since this is an hourly chart you know going back to the 10th of January we weighed the bottom down there we completed the APCD pattern a nice 5 day rally stopping right at the 70% level from the 6 almost exactly 61% retracement 1.618 expansion of the BC leg and a perfect APCD right on the money that's already made 35 40 pips which is good that's another way of trying to use these numbers to get them in your favor as you start to look at these markets each day so keep that in mind as we look at it we are going to have John Jameson sometime in the next 7 or 8 days he's going to join me here and he's going to talk to us about the quantum computers that are coming it's basically you know it is 0 and 1 but a quantum computer is an 8 sided cube that instead of the 0 it's an 8 sided cube and it's like you're using 8 gigabytes this would be like 8 gigabytes that's why it's such a big deal so I'm taking my computer courses to get my Ph.D. here at the University of Arizona it'll take me some time to get it done but when I finish everybody will be invited to the party so live every day in an attitude of gratitude and may God bless be sure to try to do something for people that have a lot less in you folks it's very very important because there's a lot of people out here tomorrow and we'll see you in a higher opening of course because the market goes up every day and that's about it so live every day in an attitude of gratitude and may God bless