 Following is a presentation of TFNN the morning markets kickoff with your host Tommy O'Brien now Tommy O'Brien Good Monday morning everybody I'm Tommy O'Brien coming to you live from TFNN just after 9 a.m Eastern time as we look to start the trading week and we got markets in higher territory across the board right now you're looking at an S&P sitting up eight points right at 4500 on the dot talk about some volatility last week we'll see where this week goes Friday's action quite the sell-off into the close just listening to the replay of my dad's program from Friday we'll jump over to the Dow quite the sell-off in the Dow as we closed out the trading session on Friday you were trading at about 34200 you traded down almost 300 points from the time of about the last half hour you're looking at 330 Eastern time to 4 p.m Eastern time markets accelerate lower we were actually lower pre-market overnight as well this morning though all the markets in the green as the Dow is back above 35000 up 45 points you get the Nasdaq up 35 points as well trading at 14720 you check out the Nasdaq Nasdaq sold off about 150 points towards the close of action on Friday as well we jump over to Bitcoin you talk about an acceleration we were trading at 36000 last Thursday night we're trading at 43000 this morning Bitcoin putting it on a daily quite the rebound on Bitcoin you see those two days you talk about Friday's action into Monday action maybe that's a bounce off the lows we will see but uh well you draw a trend line to back this up real quick when to add a trend line we're looking at a daily chart right now that's a pretty decisive break off that trend line as we break higher in the crypto world to 42,825 you got Ethereum pretty similar action as well first concrete break that you've had of this trend to lower prices since we're basically sitting at all-time highs Ethereum lining up where Friday came right into that price action today we're up another 4.2 percent in Ethereum shares at 3091 right now commodity wise we got gold trading higher up $7 at 1815 this morning you have crude trading down 54 cents but all things consider that's a one-way shot folks we had a price high of 93.17 on Friday you put this on a 15 minute to see the action include Friday you're at 93.17 pretty much just off those lows we were off below 91 dollars at one point we're trading right now at 91.75 and we jump to the all-important notes and bonds you talk about a drop on that jobs number man consensus is the economy is rocking folks remarkable number on Friday we were talking about the jobs number a lot last week I was looking for maybe negative prices I was living with a little bit of COVID exposure myself not a little within my family kind of just relating to the fact that when you have an outbreak in your family of so many people getting it even just the ability to cover for your spouse cover for your kids maybe they're sick and so they're out of school for a couple days the disruption to life that happened in January and the ability for the economy to add that many jobs you're talking about 400 plus thousand jobs added in the month of January you're talking about revisions they were in the neighborhood of 700 thousand jobs for the prior two months you're talking about a million jobs additional versus what was maybe expected I mean you could have come in just to relate in terms of where we could have been on Friday with a number of about a hundred thousand maybe there's no revisions and you would have been right at expectation we crushed that by like a million jobs we also saw wage growth you add those two together we have rising prices we have an economy that is rocking on all cylinders we need higher rates in this economy folks to calm down the inflation with that we fast forward Thursday we're going to get CPI data okay we are dealing with a yield right now of 1.925 percent folks we kicked off the year and I think 1.5 percent is that what it was we'll have to look it up we're going to be at almost 2 percent as we come into the middle of February remarkable acceleration on the 10-year yield 50 basis points is now the question in March not whether they're going to hike we'll see that comes remarkable how the market just handled this though we're going to know from JP Morgan out today we'll get into that saying guess what rate hikes are now priced in and you might be able to buy some stocks I mean tough to argue with in terms of the raw data you got to understand folks it's coming rate hikes they're coming a lot of them they're coming the market though they know that now there's no denying the jobs number that we just saw going to be really interesting to see how these jobs numbers proceed as we're not dealing with an omicron variant you have to remember the survey week for the the January jobs number was almost peak omicron thankfully in terms of cases we are over the peak omicron number encouraging to see where we go from here but guess what man you're talking about CPI data folks we're going to come into CPI data we get the CPI on Thursday you're talking about a number they're looking for seven point three percent over year over year seven point three percent for CPI if you take out I'm talking about corner if you take out food and energy five point nine percent that is the most staggering number of all because energy prices year over year doesn't get much more crazy than that folks I mean yeah I guess when you back it up to February I mean this is what's going to be crazy right the next couple months CPI is going to be really hot it's going to be what happens over the next three to four months because core number is going to be more important because we're going to be benchmarking oh no sorry I was going back to 2020 um yeah so we're going to be in the same ballpark nonetheless oil is up about 50 percent over that time folks we're aware that crude prices are just up staggering levels in terms of where we've been food prices up staggering levels as well you take those two out of the equation and Americans are still paying almost six percent for everything they're doing besides gas and besides food on a yearly basis that would be the biggest jump since 1982 if we get a five point nine percent number on the core number that's going to be a big number Thursday folks but guess what I don't imagine there's anything too startling in there I mean yeah you get like a an eight percent number or something like that that could freak out the market right you get an outlier you may freak out the market if you get a number that's pretty much in line you were seeing rate hikes the market already knows that I would just keep your guard up right now for anything that is going to push the foot fed to a 50 basis point height because if the market starts thinking that the Fed is really worried that they got behind the eight ball and they're not quite there yet chairman Powell listen and you may disagree but the Fed isn't quite there yet that's what I'd say that's listen we're all just stating our opinions right only one man or the board of governors on the Fed really knows what's going to happen knows where their mind sits my take though is they're not quite there yet there's enough tendencies in this economy for chairman Powell to hope that maybe just by hiking four times maybe this year maybe four times next year he is not of the mindset just yet but watch that cpi number because we get a number that's hot you might just make the case that guess what this economy is rocking I was saying to my dad I think it was last Friday with the jobs number the discussion comes up about 50 basis points right and I said you know how is it fair that when all hell breaks loose during the beginning of the pandemic the fed says we're in a disaster situation we got a cut rates dramatically by 50 basis points however many right they would have cut it by a full percentage however many they cut it they didn't do it by a quarter folks point being how is it fair that you can only cut by more than 25 basis points but it has to be insanity to rise by more than 50 50 basis points that doesn't seem like that should be the recipe for success it seems like we might be lining up for 50 basis points now we know how that goes all right the chairman's going to try and avoid that if he can but the point being we're coming up to that area really interesting action on Friday though because even if that happens folks I'd say we're facing some short-term volatility in a pretty strong market which is what chairman Powell has talked about you're talking about a million jobs you're talking about a strong economy um you're talking about some big time numbers man for those tech companies beating whether it was amazon right or there's apple just crushing it out of the park we get some companies this week we got disney we got uber we got uh some airlines buying airlines and we got peloton the baby is up for sale as well we get a lot to talk about stay tuned folks I'll be right back everything in the universe is governed by the Fibonacci sequence this mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market to stay on top of stock patterns you can take advantage of sign up for the Fibonacci 24 7 newsletter at tfnn.com when you subscribe you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis after all he's got 45 years experience as a day trader Larry will also provide daily charts videos and data on the key markets that he's tracking expect notifications from Larry on market movement you need to act on at any time first time subscribers also get a 30 day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up subscribe to the Fibonacci 24 7 newsletter today tfnn.com educating investors 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but you also need excellent instruction from experts at tfnn you'll get advice and guidance from the authority and technical market analysis and it's not just dry tedious text either tfnn airs live financial content streamed live on tfnn.com and tfnn's youtube channel with tiger tv live every market day from 8 30 a.m to 4 p.m eastern for free each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world from the moment the market opens until the closing bell sounds tiger tv has eight different shows with expert hosts to help you make the right moves with your money watch online at tfnn.com or on tfnn's youtube channel and become the investor you were born to be tfnn educating investors welcome back folks i got a chart of the nasdaq 100 up here hanging onto the gains a bit trailing off just even in the last 45 minutes or so nasdaq 100 it's given up about 50 points still positive by 20 at the smp is positive by four points right now just under that 5000 point market 44 96 we jump over to peloton chairs so right after the close on friday uh peloton news breaks there it is at five o'clock that uh they have some suitors one of which is amazon interesting to see how this comes out some chatter even in the den today our man dan saying rightfully so and his quote was maybe a little beaten down merger and acquisition kicks a bunch of stocks into gear you can't argue folks uh with the attractiveness of some of these equities considering the pullback they've had talk about a case of mismatch management we've talked about it before now this price chart is not reflecting uh the price action today we're opening at about 31 dollars now you're talking about quite a pop folks but to find 31 dollars on this chart you're basically talking about still near basically lows yes you're talking about almost a 30 pop but you're talking about a 30 pop to 31 dollars which is still going to be down 140 dollars from where it was trading one year prior at 17109 we jump over to the analyze tab talking about a company valued at about 10 billion dollars quite a haircut from where you were trading which you're right what is that you're talking about seven times the company quite a haircut indeed from peloton now you back up peloton all right this thing goes public september of 2019 you could have called it perfect timing folks we're basically under not basically we're under ipo prices amazon getting peloton at the ipo price and i'm just saying amazon there's going to be other shooters and they haven't even made a bid yet i think we'll jump over to them 10 billion dollars man amazon can make 10 billion dollars up in their market cap and a heartbeat if the market thinks that they'd be able to capitalize on whether it's subscription services i mean just to make your mind think here at how things they go like this you have a brand like peloton that's become a worldwide phenomenon now they've become a worldwide phenomenon for failure the way that they've managed the pandemic ramping up production waning demand they're in trouble they're actually at a levels far prior to what they were trading at coming into covid at the beginning of 2020 folks in january peloton was pushing 32 dollars that was you know just beginning when we were getting stories out of china potentially with covid etc remarkable that stock actually goes below that but not surprising when you think of the one money they've wasted wasted building out the ability to produce supply with the exact same time that you have waning demand 10 billion dollars i mean you could just have amazon offer those services as part of prime that's where your mind should go on some of these services you bring peloton maybe they sell the bike at break even and they offer the classes as part of prime etc that is what they're thinking about when they think about buying a company like this etc you got prime video right now you can have some workouts etc i don't know if they're going to do it but you have to understand the appeal for 10 billion dollars when you got a company like amazon that is just crushing it out of the park now you know they talk about regulatory headache for tech giants i don't see it fitness firm review options amazon nikki reported as shooters so nikki's in there as well higher regulatory scrutiny is one potential drawback for the deals i mean folks i'm against monopolies vigorously amazon has some competitors on the retail side right you start getting into aws they got some competitors there whether you're talking about azore uh whether you're talking about google etc really hard for me to imagine that they don't have competitors in the world of exercise equipment i mean lulu lemon bought a company itself right what was it the wall unit right the mirror they bought i of all the regulatory crackdowns and i think both sides of our government both political sides are coming at these tech companies and rightfully show unfortunately for different reasons sometimes but as our lives transform into an online metaverse which is what is happening folks we got to be vigilant for some of the regulations we're going to need to protect our data our privacy etc but i don't see a concern with amazon buying peloton you're talking about a ten billion dollar exercise equipment maker they can't manage their business and actually is it pre-pandemic levels and they get competitors all over the place i mean this this you know turn on the tv late night folks whether it's p90x whatever it is i'm probably dating myself i don't think p90x runs anymore but you get the point uh but nonetheless exciting the market sees it as well and these tech companies got a lot of money and you got a lot of companies that have just gotten punished extraordinarily uh and netflix is not what they're going to be buying but it does come to mind you get netflix up about two dollars you just trade it from 700 down to 350 uh other companies that come to mind roku trading from 500 down to 160 now you jump over to roku roku 21 billion dollar company okay you're talking about a company that is one third of the value that you were trading at on two occasions last year keep your mind open folks i mean that's where you might see some of this you got roku up a dollar with the market not saying they're trading higher on that uh anytime you see companies get punished like this zoom shares okay you're paying 25 percent what you were paying at about a year and a half ago october on prices to zoom now zoom is definitely not a ten billion dollar company these prices they are profitable companies to the tune of 43 billion dollars but you get the point zoom 43 billion dollars a lot more attractive than maybe 160 or 170 billion dollars in terms of what this was trading at at highs and zoom is a money as a company folks is making money i don't see a tech company going after them but you got to start seeing it when you to look at companies like peloton that's gotten punished to the tune of they're almost in the single digit billions dollars peloton's a worldwide phenomenon they're not going anywhere but the multiples they have they are not deserved in any way all right let's talk a little bit about facebook as we look for the open facebook trading up a dollar right now in the pre-market you jump over to the 15 minute action they come out with their earnings last wednesday the market freaks out that they are not growing at the pace they had been they're actually shrinking in terms of their user base in north america they're burning money to the tune of 10 billion dollars a year on the metaverse they're losing money for the new apple ios to the tune of 10 billion dollars a year on to add targeting etc but boy folks you're getting into multiples on facebook you have a profitable company now all the focus was on how much money that they are burning in terms of the metaverse spending but there's still a profitable company there's still a profitable company that reaches 2.8 billion people on the planet earth there's still a profitable company that reaches 195 million americans not a fan of zuckerberg not a fan of facebook not a fan of instagram for younger people in general um the data that facebook had folks in terms of instagram in terms of the harm that it's doing to young women's young girls mindsets in in particular but i would say and i keep harping on it man do not stay on those apps folks okay because especially facebook it is a cesspool um that is just not conducive to happiness to put it lightly with that said i imagined that they are dealing with multiples now that at some point and the pain might not be over i was talking about it with some good friends of mine uh one friend in particular he makes a point that i'm sure many people are out there thinking which is i may need to price average myself down a bit on my meta shares at some point in the future but i'm not sure the pain is over all right great question so let's take a look at it number one we're trading right now at 237 all right you down from 384 we're going to put this thing on a five-year weekly remarkable that we are almost back folks to july of 2018 prices you were trading at 218 you traded down to 230 i believe last week what's the exact low let's get it you're looking at a low of 230 11 okay you were trading at 218 almost four years ago three and a half years ago now it's interesting about four years ago you see the bar i got on a weekly basis on a daily basis you had facebook trade down as one of the fifth or sixth largest market cap losses ever well what happened after that day folks as i put it this weekend it took another five months and another 30 to find a low and then facebook shares doubled over the next 12 months coming into covet so we're going to take a little bit another look at this facebook may have some more to go your approach it's lofty lofty uh low levels of multiples 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swim banner on the front page of tfnn.com okay folks we got markets open we get the s and p right now up five points sitting at 44 97 we get the nasdaq up three points right now hanging on to gains but barely we get the dow up right now 45 and the russell up by three we get the crew contract trading a little bit lower over the last uh yeah about 45 minutes we trade to 91 51 a little bit of volatility but all things considered hanging out pretty well at about 91 50 gold up eight dollars at 18 15 we jump to notes and bonds got a little bit of negative action right now in terms of from the highs but you're posited by four ticks we're trading right now with a yield of 1.9 23 percent let's jump over the vix right now volatility index 23 72 all things considered we got a pretty elevated vix at 23 72 when you look that this market sitting pretty lofty we're within 300 points almost to where we were so talking about all-time highs in the s and p you're talking about bouncing folks hard to remember that we're talking about 300 points we are still 100 points above where we were training at uh the week of january 24th all right let's check out some of the action this morning let's see how palatine shares are opening for the first time since there are rumors that they might be purchased up 26 percent trading at 31 10 so far this morning let's jump to the facebook shares now it's talking about facebook as we come into the break here and i was talking about multiples you're talking about a company that made 13 77 to share 13 dollars and 77 cents a share and you're talking about a company that's trading price to earnings multiple for facebook okay now this is calculated at 239 we're trading at 238 so you're getting an even better deal 17.1 pe ratio that's pretty attractive folks especially when you compare it to any growth company one article i'm reading out here says that's 50 cheaper than the nasdaq 100 index which trades at a multiple of 33.7 you're seeing a real hurting on some of those earnings as well which is going to even bring it down even further um something to keep in mind folks when you think about that in terms of the potential but as i stated anytime you deal with a company that is going to be investing massive sums of money for technology technological breakthroughs that's a little bit cumbersome to think about especially when zuckerberg now you got two battles going on here you got the pr battle because i'm doing this in my head in terms of where do we go here you have the pr battle and i'd say they're handling it pretty well they got a name change they get everybody talking about the metaverse they got them talking about their spending billions to get into it they're benefiting from changing the conversation from the conversation i keep telling you about of what a cesspool facebook is okay uh but then you have the other side of it that i think he is a true believer man i'm putting on that oculus 2 headset and i'm telling you folks even from an educational standpoint the ability to put on a headset like that and immerse yourself in even a learning environment right you want to learn about the the great pyramids of egypt the classes all of a sudden literally walking around the great pyramids of egypt you want to learn about you know the civil war guess what you're walking around literally the battlefield 3d experiencing things it is going to become a daily part of our lives immersing yourselves in some type of virtual reality uh and that's not a matter of if folks it's only a matter of when this market's falling off a little bit as we look at that as well uh and then you're going to see augmented reality on top of that right you're going to be putting on headsets you're going to be walking through the street and they're going to be adding augmenting virtual aspects within real life it's kind of cool to think about but nonetheless it's going to be an expensive habit but when you're talking about a pe that's 50 cheaper than most of the nasdaq 100 for a growth company that does have some profitability and some future uh if you're okay morally with putting some money in zuckerberg's hands and i understand if you're not there that's one thing i think about as well because really i think he has done severe damage uh to just society with the way he has run facebook let alone uh the the privacy issues that go into it i mean folks again think about they have data that their apps were just destroying the mindset of young women and it really wasn't impeding uh the way that they were doing business that to me is a head scratcher literally in terms of how you go forward with that okay let's jump around to what else we got going on we got some companies coming out with earnings we got one of my favorites we got disney coming out with their earnings this week trading higher ahead of that we put disney on a 15 minute you're trading up right now 1.1 percent we jump over to the analyze tab you're talking about earnings wise they got their numbers on wednesday nine dollar move priced in right now when you talk about simulated trades we jump over you're talking about a basically a ten dollar move priced in in either direction that disney's had quite a pullback folks you pull back almost right to that 618 the 618 was sitting in about 127 we made it down a couple weeks ago 129 26 and then you bounce to 143 that's off of a high about a year ago you're talking about 203 on disney shares they'll be out with their numbers on wednesday we also get uber out with their numbers as well uber up as well up about 2.3 percent we put on a 15 minute for uber shares catching a pop off of the lows we had last week of 34 dollars we jump over to the analyze tab again you jump over the earnings tab you're talking about out on wednesday as well that's going to be an interesting one four dollars and 50 cents when you jump over to the simulated tab about a five dollar move we're talking about on uber shares that's quite a percentage move when you think about you got a stock trading at about 38 dollars and you're pricing in a five dollar move what are that almost a 15 percent move that is that right yeah that's almost a 15 percent move priced in now that's when folks we talk to our man kevin hanks every tuesday wednesday and thursday if you don't understand what i'm talking about with expected moves implied volatility earnings and you're doing any type of trading especially but even if you're trading equities folks like this right let's say you have an equity position in uber do you want to hold that through earnings well it is a good idea to understand what type of volatility you might be expecting the market right now is saying hey there's a five dollar move priced in an either direction right now so you can wake up the day after earnings and you might be trading at 33 or you might be trading at 43 are you okay with that as an investor if you're not you might want to think about parents some of your position because that is what the market is pricing in so that is the expected move and that the market's never wrong folks okay that's the expected move prior to finding out the numbers when we find out the numbers the market will reprice where uber should be trading at but it's good to know especially for an options trader check out fast market at 12 noon eastern time folks they do an outstanding job we're gonna have cpi data coming up on thursday we got some earnings coming up this week they always have a great lineup to talk about but if you're talking about earnings that's where i learned a lot of that stuff and it is crucial stuff folks uh so ubers got five dollars and as i mentioned disney's got about ten dollars that disney ten dollars what is that about six percent pop in either direction for disney shares talking about their earnings the real number that this market's going to be waiting for though is thursday folks that's going to be the number in a big way now what we also get on top of everything else is we got peloton earnings interestingly enough be interesting to see what they come out with there i'm sure they'll have some questions not sure they'll have any answers in terms about um bidders out there but you're talking about coming out with their numbers we jump over the earnings they'll be out tomorrow seven dollars and twenty seven cents there's a move for you uh and i'm sure a lot of this volatility having to do with potential this is where this is going to get skewed folks we jump over the simulated tap and as our man kevin hinks has explained it a couple times the implied volatility of the front month exceeds the implied volatility of the future month that causes a one-day market maker expected move but guess what we had a lot of volatility because we got suitors going after this thing bidding to buy it so you got volatility all over the place but you can see if you want exposure just through friday you're talking about eight dollars and fifty three cents of movement in either direction for a thirty one dollar stock that's because we just traded from twenty four to thirty one so that's going to be an interesting one when they come out with their numbers tomorrow as well i mentioned we get the cpi data on thursday we also get hasbro out with their numbers already this morning jumping over to hasbro looked up into this a little bit after the break you're down two point five percent right now uh people got tyson out with their numbers do you mean the chicken makers there you go it's hard to find chicken they like puppets hot at chicken all the time take a look at tyson as well thank you folks be right back 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 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contain this and other information about direction shares to obtain a fund's prospectus and summary prospectus call 866-476-7523 or visit directioninvestments.com a fund's prospectus and 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 for 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 folks we got the s and p right now up by eight points nasdaq 100 catching a bid check out that pop we're up 92 points or six tenths percent the green right now the dial turning red by 26 points the rustle catching a bid as well we're up eight tenths percent in the rustle bitcoin 2500 bucks we're making session highs right now at $43,000 in change you get the gold contract up about six bucks and we jump to notes and bonds right now we get the 10 year right now up by four ticks we're talking about a year the 1.92 percent on the 10 year so we got an acquisition frontier is going to buy spirit you got the two discounters combining here cash stock deal brings spirit back to orbit ultra discounters target leisure travelers in coven 19 rebound you're talking about two not 2.9 billion dollars spirit investors they're going to get 1.9126 frontier shares and $2.13 in cash the deal is going to apply at 25 83 price for spirit now spirit trades under the symbol save and I just said 25 83 is the price here you're talking about a 19 percent premium and this stock pricing almost all of it in we traded pre-market at about 24 16 but looks like the market much more comfortable pricing in the probability that this deal gets done we're trading at 25 19 this deal gets done it's only about 60 cents higher the risk is right so you got 60 cents of risk it does not get done excuse me yes it does not get done no that it gets done as it gets done to the upside point being the market heavily pricing in that this is probably going to happen or it's going to happen even higher and I think it's a great plan folks we are about to rebound and break out in dramatic fashion I've been talking about maybe these airlines there's delta up 3% let's see yeah all the airlines catching a pop right now American up 2.7 we look domestically the southwest up 2.6 we go over to jet blue right now up 4.7 percent let's take a look at the cruise ships carnival is up 3.2 right now Norwegian 4.7 percent yeah the market is paying attention folks frontier now they are it's this frontier group what are they ULCC ULCC the market liking that as well as they are up 3.2 percent you take a look at the weekly this one only going back to 2021 on that but the point being folks they are doing the right thing here we're about to rebound and you're seeing them spend almost three billion dollars to make sure that they're solidifying themselves at a time that we're about to break back out and travel you see the airlines react in a pretty decent fashion bowing is positive right now at the market no huge deal there if you don't want to buy some airlines bowing maybe one way you could get into that but boy we're remarkable that you're talking about trading basically at June prices of 2020 on bowing shares at 208 is this thing struggles to find a bid in any way but yeah frontier they're going in they're going in hard they're ready leisure that's where people want to be that's the worry here folks right you go you go to one of the big airlines that needed that corporate travel they need that international travel you may have some tough go around still for the next year or two but you talk about an airline focused on North America based in Miramar Florida and Denver based frontier yeah they are both ultra-discounters uh combination all about growth opportunities and creating value for everyone out there you got both of those stocks trading higher and frontier holders are going to own about 51.5 percent of the combined company and they're going to get seven of the 12 directors so it's almost a combination here right you're going to have spirit owning 48.5 i guess it would be and they're going to get five of the 12 out there uh you're going to have indigo partners in there as well so you got a lot going on nonetheless they're getting their ducks in order folks for the for the rebound and this might be the heads up on some of those travel stocks so pay attention to it okay what else we got going on how about bumble they got an acquisition maybe they're getting ready for the dating world to break out it has not broken out yet folks i tell you i was looking at the stock we might get into this in my echo newsletter have not yet you're up 2.4 percent on bumble shares bumble on monday they announced an acquisition of frites not familiar a french dating app first ever acquisition uh declined to comment further but that was founded in 2017 now uh they run a freemium model that most dating companies use where its app itself is free and users can add to the experience with purpose uh purchases same deal on bumble so bumble their free app as far as i'm aware i was on that site four years ago maybe um completely free but you can of course subscribe to it for uh premium services nonetheless you check out this chart folks i have no idea if this company is going to succeed in the future well maybe that's a bottom you get into this thing if you do set your stop set your stop all right this trend line in here i was fine trying to find a trend line it's in there from prior it probably has no business being in there um but maybe that's a bottom not so sure that's the case you really sold off on the last earnings when you traded from a price of 51 down to 37 but you see how these things go folks sometimes when you come out with an earnings and you really punish a stock just like i was talking about with facebook shares boy make sure that if you're getting into it you at least have an area that you're willing to take heat into you at least maybe believe in the company and their ability to operate in the future okay as in i have no idea if bumble is going to be around in six months two years ten years okay if that's the case i better get a stop in place because there's nothing to say that the world continues to exist without bumble completely possible as opposed to if you're in a company like amazon maybe you say you know what it pulls back i'm holding out man because i know that amazon's going to be king giant uh among many tech companies at least in three five ten years down the road not so much the case with bumble so get your stop in there but anytime you go from 85 bucks down to 28 folks all right maybe that's an area they got an acquisition going on and uh my experience with them four years ago was pretty enjoyable because some of those dating acts skip um pretty useless where it's just swipe culture etc um but thankfully i'm not in that culture anymore i had a great weekend we had a little birthday party for the little man unfortunately we had cove going on last weekend last week his official birthday was wednesday last wednesday so we had a nice party for him last wednesday uh but then we had some family over on sunday finally everyone kind of uh least tasting negative over cove it's still dealing with a couple costs in the house as uh that can persist for a bit but everybody doing well uh so we had a nice birthday party for the little man turning one can't believe it's been a year already time is time is crazy folks all right let's jump around some of the stocks as we come into this break we got peloton shares continuing to trade higher we're up 27 right now at 31 35 amazon shares up 1.6 continuing the run i talked about disney and uber with earnings this week we got disney up 1 percent right now uh jumping over to other companies so we got disney and uber now disney excuse me both of those companies um are going to be out with their numbers wednesday after the close all right what is going to happen is we get lift numbers tuesday after the close and it seems like we always get lift one day prior to uber numbers so that will lead uber uber will trade off that we get lift numbers on tuesday uh what we also get jumping around yeah we get chipotle after the bell on tuesday as well that's always an interesting one they have been doing really well lately to put it lightly uh i mean yeah quite a pullback but man they transform things look at this from pre-covert of 800 you're still sitting at 1500 right now you had 400 at the lows you jump over to the analyze tab there's a move for you folks 125 dollars priced into their earnings coming out tuesday after the after the bell uh 125 dollars so there's a move for you with some volatility for chipotle shares we also get for this week let's see we get cvs they'll be out with their numbers wednesday before the market we got young brands before the market on wednesday we get a riley automotive wednesday after the bell we got coca cola yeah we got a bunch we'll finish this up when we get back we got coca cola we got zillow group we'll be right back under armor as well stay tuned folks sharpening your skills as an investor is like getting better at playing a musical instrument you have to practice sure but you also need excellent instruction from experts at tfnn you'll get advice and guidance from the authority in technical market analysis and it's not just dry tedious tech either tfnn airs live financial content streamed live on tfnn.com and tfnn's youtube channel with tiger tv live every market day from 8 30 a.m to 4 p.m eastern for free each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world from the moment the market opens until the closing bell sounds 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Petersburg florida the investment is for four years paying seven percent per year or seven thousand dollars per one hundred thousand dollars invested your investment is secured by high value real estate in st. Petersburg florida your investment can be anywhere from one hundred thousand to five hundred thousand you want to make one thousand per year on a hundred thousand invested or seven thousand per year on a secured tiger first mortgage The Tiger First mortgage program may be just the program for you. The Tiger First mortgage program pays 7% per year, paid monthly. For more information, you can call 877-518-9190. That's 877-518-9190. 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. The S&P is up 12 points right now. Tech stocks continuing higher right now, up 111 points. You got Amazon putting a bid there. You're up 2.25% right now. It's $32.22 for Amazon shares, quite the surge higher last week for Amazon. And folks, if you're thinking about getting into Amazon long-term retirement, it is not too late. I would begin dabbling right now because I'm not sure you're going to see $27.50 on Amazon shares ever again. This equity context-wise, you're talking about an equity right now that is trading with a market cap of $1.6 trillion. Yeah, that's pretty lofty, but not lofty when you talk about Apple pushing $3 trillion right now. Apple, you're about $10 away from that $3 trillion mark. You're trading right now up $1.32 on Apple, up 7.10%. So, as I mentioned, we get CPI data on Thursday. We got a bunch of companies out with their earnings this week. One final article I wanted to pull up to finish up the show, JP Morgan. Interesting when you think about folks, we're not that far off the highs right now for some quick context here, right? You're trading 300 points off the highs. JP Morgan though, what do they say? Buy stocks, rate hikes now priced in equity cycle is far from over. Strategists split though as Morgan Stanley, they're seeing a stock winter as in cold, ice cold potentially. Tough to deny that market participants probably at this point well aware what's going to happen. But guess what, folks? Not only are we aware the rate hikes are coming, we had a pretty staggering earnings season with the biggest earnings companies out there in dramatic fashion. Facebook missed in pretty big fashion, but they're their own animal right now. Google crushed it, Apple crushed it, Amazon crushed it. Keep that in mind because yes, we've pulled back 300 points, but we've pulled back 300 points through. I mean just to put this in some context here, there's your daily, okay? We've pulled back 300 points from January 3rd, but over that time, you've had Apple shares out with their numbers January 27th. You are a solid almost 10% higher over that period of time. Amazon shares from their earnings more than 10%, right? What are you almost 20% above where we're at coming into that number. So the market recalibrated with 300 points off of the highs right now, but maybe they're priced in. We're going to find out, folks. Look for that CPI number on Thursday. We got Disney, Uber, Lyft earnings, Coca-Cola. We got a lot coming up, folks. Stay tuned. We got our man Basil Chapman. He's coming up next live with the Tiger Technicians Hour live programming all day, folks. We have everybody back in the saddle. Have a great Monday.