 The following is a presentation of TFNN the morning market kickoff With your host Tommy O'Brien Good morning everybody. I'm Tommy O'Brien coming to you live from TFNN Friday morning 9 0 6 a.m. We got about 24 minutes to go until the start of trading and we get the markets in positive territory yet again We get the S&Ps right now. You're up 13 points zooming it on the overnight action for in the morning You drive lower to about forty five hundred right on the dot. Let's see we get a low of forty five hundred point two five So right at forty five hundred and then the run higher begins We get a pop as well at just after 7 a.m. This morning right now. We are trading at forty five 25 right now in The S&Ps NASDAQ 100 we are up 39 points right now 14803 the Dow's up 84 points right now 34,000 688 and we jump over to the Russell up by six commodities currencies Bitcoin continuing to catch a bid right now 45,000 145 crude pulling back we're under 110 bucks at 109 58 on the crude contract old pulling back as well at 1954 right now and we jump to the all-important notes and bonds we get the tenure right now negative by seven ticks We're trading at 122 22 you get the 30 or negative by 14 ticks right now at one 4829 we jump over to the volatility index VIX 2170 we're gonna get a VIX under 20 Are we it's possible 2170 we were at 2149 you check out the VIX you put it on a daily The reason why I mentioned under 20 folks we have not seen now we have going back to February night February 9th We have a VIX right there just barely under 20 But if you're backing up before then remarkable We haven't seen a VIX besides that February where we touched that level have not seen a VIX since we were trading January 14th That is remarkable there and hopefully are getting my audio in the den then it's my producers They were asking if they got an audio in the den there. Hopefully you guys can check on that and make sure All right jumping around to some of the stories we got going on this morning. It's Friday. We're coming into the weekend It's the end of earning season. It's the end of the quarter a little bit I'm gonna kick it off with the call from city this one man. Check out this So this was a screengap just screen grab just from Bloomberg this morning City out there saying that they now expect and I know it might be a little bit grainy just got it up there The bottom line is they're talking about 50 basis points folks in May June July and September and then 25 basis points in October and December so they're talking about 50 basis points the next four meetings Four meetings. All right, and to my producer. They are not getting this in the Tigers Den. Hopefully you can figure is that out? And perfect. They are aware. Okay, so it'll be up there Hopefully you're listening on Tiger TV if you get a chance look at that graphic folks We're talking about 50 basis points, right? You're talking about 50 basis points for meetings now 50 basis points for the next meeting in May highly likely The next two meetings very possible Not many people saying that it's coming down the line for the next four meetings It's gonna be 25 basis points after that from the next two The disclaimer there is data Dependent things can obviously change if inflation subsides faster than we expect They're not gonna look for that many hikes if it doesn't maybe they say that 50 basis points goes five or six meetings Bottom line is that is a stunning stunning call in my opinion folks The tenure is paying attention or the Fed is paying attention to the tenure, right? Whichever way it goes You just had a drop-off man from about 129.04 129. We'll call it. We're approaching 122 and a half. We made it as low as 122 12 folks you're talking about almost seven points in the span of less than about two weeks over there on that Ten-year remarkable action to the downside in a big way Okay, what else we have going on this morning? Excuse me Okay jumping around to some of the other headlines I have going on. Let's see where we're gonna kick things off Alright, what do we got going on here as we kick it off? Well, we get the stocks making moves. Yeah, this one's an important one I'm getting a lot of headlines the US and the EU reach a LNG deal to supply deal to cut dependents on Russia So they're talking about 15 billion cubic meters a fraction of the Russia supply though I mean you're gonna see this play out for years on end folks as Europe especially tries to disassociate Themselves with the dependents on Russian oil very unfortunate. They allowed themselves to get into that spot Thinking that somehow they could be so dependent on somebody so evil like Putin running Russia and nonetheless it comes back to bite them Obviously, but under the agreement Europe's gonna get at least 15 billion cubic meters of additional LNG Though it's not clear where it's gonna come from members will also work to ensure demand for 50 billion cubic meters of American fuel until at least 2030 the aim is to work with international partners to help the continent continent we need self off Russian gas Which accounts for about 40% of Europe's needs? Staggering Russia ships about 150 billion cubic meters of gas to Europe every year so they're talking about 50 and billion they ship 150 But nonetheless it's a start and again, you are going to see this play out for an extended to put it lightly a period of time 40% folks 40% does not happen overnight in terms of what they need to get rid of in terms of Russian gas for Europe 40% I mean that's just a staggering number unfortunate They allowed themselves to get the so dependent bed bath and beyond is rocking so Cohen He's gonna get three board seats in a deal with bed bath and beyond the retailer to form a committee to weigh options for the Baby business the settlement ends the firm's second activist battle in three years. So he gets The new board members were chosen by Cohen Three independent directors appointed to the retail's board. So he got some two of the three members will also join a special committee to weigh Strategic alternatives for bye-bye, baby an asset an asset which the activists had identified to potentially Be sold CEO said in the same way that the company look forward to integrating the new director's ideas our bye-bye, baby business is tremendous Asset we're committed to unlocking its full value Cohen has about a 9.8 percent stake in bed bath and beyond. He disclosed it this month He called for the retailer to implement several changes Excluding exploring a sale of bye-bye, baby or the entire company They need to now its focus and maintain the right inventory mix to meet demand Interesting to see how that plays out He's the one that started the whole me media a GameStop founded chewy sold that for a few billion dollars I believe came into GameStop and I think he's made billions off a GameStop as well at this point But jumping over to bedbath and beyond BBB why is their symbol? Little bit of volatility that I believe is when Cohen disclosed Disclosed that stake the 10% stake in bedbath them may on be careful folks getting caught up in some of these meme runs You get up to 30 and just like that by the end of the day You're trading at 22 and even today on the news that he's getting three board seats, right? They're exploring the possibility of selling off some assets. They're selling off bedbath Bye-bye, baby. They're exploring, you know just options The spike overnight again, you would have gotten bitten. We're at 23 47, but that thing is gonna have some Volatility on the open to say the least let's jump around to some of the other game stock meme stocks You got GameStop right now a little bit negative all these stocks rocking and rolling the run really began. I guess It's that last Friday. Yeah last Friday it really began You were at 80 GameStop settling at 140 so far AMC had some action as well You were at 15 bucks last Friday. You're trading at $20 today Yeah, so volatility on those stocks, but bedbath and beyond that's a legit one in terms of fundamentally he's got some board seats there and He's gonna probably look at piecing off that company and maybe they keep by bad baby Maybe they sell it off and focus but as someone with a toddler that just turned maybe it's not a toddler We just turned one. I guess that's a toddler. Maybe two starts toddlers The baby business folks It's a good business to be in Demand very inelastic when you're buying products for your baby that's blowing through outfits every few weeks Stay tuned folks. 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You're negative by 12 ticks We're talking about a yield right now 2.39% look at the drop-off though just even in the last few minutes folks since I came on the air You've had the 10 year trade down about eight ticks and we are right back to the lows We had yesterday as we get some quick movement right now coming into the opening bell 2.4% the yield on the 10 year right now and again as I talked about city talking about 50 basis points at the next four meetings CPI folks, it's crazy. What else are you gonna do? They probably have to get it under control very real that that is what is gonna come down the pipeline especially Okay, especially if CPI and inflationary data does not wane Then yes, they are gonna push the limit on this thing very quick because they don't want it to get out of control and 50 basis points over the next four meetings while stunning in light of where this economy is in light of where CPI is Probably probably something in the realm at least Okay, let's jump around to some of the stories and some of the equities that are in movement today This one was interesting in terms of Russia's considering selling energy for Bitcoin to mitigate sanctions as I got I think an eyelash in my eyes here, excuse me Now Bitcoin is catching a run today and you have a few different things happen So you have the SEC talking about the potential for exchanges to fall under regulation That would then though lead to the ability that once exchanges fall under regulation They would be able to launch Bitcoin hard Bitcoin backed ETFs not not futures backed ETFs, okay actual Bitcoin backed ETFs Because right now the only ETFs available are by using futures and when you get the type of action than some of these Futures ETFs just like we know when they happen with whether it's crude or any futures product a little bit different with Bitcoin We might not have a physical delivery problem But nonetheless you're dealing with rolling you're doing multiple contracts and that means that the price of those ETFs can deviate from the Underlying asset that the ETFs are supposed to be based off of if you get a real Bitcoin ETF That would be a boon to the market but here to give you the bear side, okay You want to know the quickest way for Regulation lockdown to come down on the crypto sector entirely is if Russia starts using it to circumvent Sanctions, which is basically what they're talking about. They're gonna be selling energy and Bitcoin to mitigate sanctions If you think that's gonna play out folks, that is one of the fastest ways of everything going on right now For there to be some regulation that that market may not like so be careful I mean you've had quite a bounce in these markets right now you jump over to the weekly We've held kind of the trend line on this upward territory here But you were just trading folks on February 21st at a price of 34,000. That's the week of let's put it on daily to see the actual low there February 24th to be exact 34,000 we're up 11,000 bucks You're up almost 33% in about a month in the price of Bitcoin and look at what we're trading into folks I would not be being buying Bitcoin right now. Yes, you can trade higher But we're pumping up into an area right now that you were up in the beginning of February You were also right up to this 45,000 mark on March 2nd both times we trade lower from there And yeah, it's been a one-way trip from Bitcoin to 37,000 But folks think about it if you are in any government right now in the US or the West and you're putting sanctions on Russia And you see headlines that Russia is considering selling energy for Bitcoin to mitigate the sanctions Don't you think you would be at least exploring options to make sure that that has as little impact as possible in circumventing the sanctions I would so keep that in mind Some other stories that caught my eye Speaking of AI self-driving all the above FedEx is testing electric carts for the last mile delivery in big US and Canadian cities So 10 US and Canadian cities throughout this year. They're going to plan to test electric carts To make deliveries on its signature express routes They hope electric delivery carts will help address major challenge it faces in every big city It serves lack of parking. I mean you see the quick graphic up here can't imagine trying to deliver when you're in that type of city Traffic as a delivery person traffic is hard enough when you're sitting there trying to get that done But boy, it's gonna change the landscape entirely. It's kind of here right now But it's taken a lot longer than many had thought and But every time they seem to say we got it done and this is gonna be the first one Okay, in terms of you're gonna have small carts that can operate on sidewalks Probably can't cause too much harm I say that lightly because you never know what could happen when you just got a computer running around with a cart Right, it jumps out into a street. Maybe a car swerves. There's always bad things can happen But the potential for harm is much less so than just self-driving cars all over the place That might not be perfect and the impact it would have on some of these delivery companies will be monumental With that last mile of driving last mile of delivery is probably a better way to put it You take a look at FedEx. It's been quite a pullback recently FedEx this morning You're down a little bit coming into it. Well, we got a bid ask Straddling the close of yesterday putting this on a three-year weekly Right back to the 50% on FedEx. We're sitting at 225 You got a bid ask spread above there and you're right in a nice area that we also bounced in in October for FedEx I like the 618 sometimes to nothing to say if this market pulls back again that you don't trade down to 186 on FedEx, but you're almost a hundred dollars off the high and it would be transformational folks when these things start happening I mean you talk about companies like FedEx companies like Amazon. I mean There are so many jobs that in the future will probably be done by robots and Futures coming faster than we all expect but maybe not as fast as some of us expected as in You know self-driving cars been talked about For a long period of time and I see many things in my daily life folks That make me think that the infallibility of self-driving cars is a far cry from where we are right now You can't just be 98 or 99% efficient when you think about the number of calculations some of those AI machines would have to do you have to be almost flawless When you think about the number of times that they're gonna be making decisions on a road or whatever the number of Random occurrences that may pop up that you can't quite plan a computer for But self-driving carts, it's gonna be possible. I mean you talk about Amazon, right? They're gonna have drones potentially dropping packages off Maybe five years down the road But boy if it's five years down the road folks You're gonna have to start thinking about that eventually you're gonna start pricing in some of this now It's gonna be a huge capital expenditure But you have to know that computers are gonna be cheaper than human beings in the long run when you talk about that Type of labor and it is coming folks so FedEx they're experimenting with it Amazon I mean early on Amazon bought a robotic robotics company for like 1.2 billion dollars and now they have their robot robots all over They're warehouses folks and you're gonna see a similar thing play out as these robots become better and better some of these companies now uber self-driving cars Similar actions gonna happen, but again, that's a far cry from where we are right now because eventually They're not gonna need drivers, but boy they need them right now because that's a far cry We are not comfortable yet with self-driving cars all across the board Be interesting to see how that one plays out because that is not gonna be something that society accepts lightly folks There's a real fear of having a computer driving you around. Who's responsible when something goes bad? What are the what are the what's the likelihood of a system shutdown? What if they lose connection etc all those things were kind of not comfortable yet with Understandably, so they have some time and just the fact that ubers inking deals with medallion members in New York City yesterday Right allowing New York City taxis to be available on their uber apps That's almost a step backwards from that progress. So we have some time there But those carts delivering things from on the sidewalks. I imagine that one's coming pretty soon When you think about delivery options, whether it's delivery food, maybe uber eats is he able to benefit from there slightly? It's an interesting future to think about but it's coming folks s&p's giving back some of those gains as we come into the opening bell Stay tuned folks. Stay tuned folks. We'll be talking about a little bit of cannabis when we get back those pot stocks are rocking. 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There we go marijuana legalization bill nears the house floor vote next week now Of course, you get the house you got the Senate and then it would have to go to the president's desk But nonetheless progress there as a marijuana legalization bill nears the house floor vote next week This article mentions the fact that you got 37 states for territories in the District, Columbia Now allow cannabis products for medical use and 18 states to territories and DC have enacted measures to Permit cannabis for non-medical use. I know matter Massachusetts has it for recreational as well matches Massachusetts I believe you're even allowed to grow your own which you should if it's available for recreation because it's just a tree folks There's no reason why you should have to pay some company if it is legal Meanwhile, some states do that to regulate it Many states that it is that it is legal for medical use Florida one of them It's kind of an absolute joke that it's medical folks You can go to almost Any internet search and find a doctor? There's many doctors that have teamed up with companies where what they'll do and I noticed in Florida is that they'll just rent out a Exhibition space they'll rent out just a conference hall within a local best Western hotel or a local Hilton right a conference space room on the weekend They'll rent it out on Sunday They tell their patients You can come see the doctor we are at the Hilton hotel Sunday from 10 till 5 p.m. Every Sunday you come You state your case you can have many many things that fall under that the point being What really happens in that which is unfortunate is that? It's just a system built that if you have enough money you're able to Legalize it for yourself, which is really wrong when you think about it. You got to pay 200 bucks I think it is for to see the doctor maybe three hundred dollars sometimes for the first consultation Every six to nine months you have to see that doctor again to get a script written again Just to be legal so you see that poor people don't have the ability To have access to have a legal script from marijuana Therefore, they are still operating under the same guides of old where in the state of Florida It's illegal and you can get in a lot of trouble with cannabis Meanwhile, if you just have two or three hundred bucks every nine months that you can pay for it to be legal for you That's basically the system, which is very very unfortunate When you start saying that certain actions for certain people is legal if you have enough money and not legal if you don't and that Is what's happening in Florida right now. I'm sure it's happening in many other states It's it's a checkmark approval folks if you walk in there Don't even really need to show any records you could just say you have anxiety or something like that Most of the time they'll get a script as long as you can pay the money. So hopefully this goes through But nonetheless back to the finance part of things you got pot stocks rocking on that news man Can it be you trade up to 950 last night now you were up 10% yesterday You're up another 6% today you can expect the market to give back some of that These stocks are not going to go through the moon folks overnight on that but they traded pretty higher But that's a dead cat bounce from most of them now you got till right up another 15% But as I've said many times Percentages on small numbers can be deceiving you put this thing on a daily going back five years Excuse me now till right last year made it up to 65 bucks. Do you even see the pop on this chart? Yeah, you can but you get the point canopy had a similar run You were up to 55 bucks you're back a bit now as fortunate folks We got into canopy this week saw it moving earlier this week put out a recommendation I think it was Wednesday morning to buy canopy so we do own it We are still in it looking for a little bit of higher action The one thing interesting here is canopy percentage of float. They got about 19% short So the interesting to see how that plays out Maybe that was some of the action last night as you were getting a squeeze from 7 to 8 to 9 to 950 You're back to 832 We'll see how that plays out But pot stocks getting a lift to say the least now what is in this bill Excuse me is a lot and I say that in terms of maybe it may face some Resistance because it also I believe talks about that it de-schedules marijuana That would allow more funding many people talk about they don't know the real impacts of marijuana The reason why they can't is because federal funding is is illegal because marijuana is so high on the schedule of drugs I think it's comparable to heroin almost and basically the schedule that it's on says it offers no No medicinal benefit whatsoever and I forget the drugs that even they say may offer some medicinal benefit But nonetheless it does not make sense with where it is Hopefully they make some progress but it also goes in there in terms of making sure people's sentences are done away with If they had nonviolent drug offenses stuff like that Unfortunately, the waters are always get Muddied when you get stuff like that, but it's the right thing to do folks. I mean people getting you know convictions for nonviolent just drug offenses when you just a possession something like that messes with your life forever for pot Does not make sense, especially in light of what I've just explained to you I mean there are many people go into jail for just pot offenses in the state of Florida at the same time that all you have To do is pay 200 300 bucks every nine months to make it legal for yourself That is not the way things are supposed to work So hopefully they remedy that and there was the moral side finance side these stocks have a long way to go But man, I it may take them a while with how far they've pulled back All right, let's jump around to some of the stocks are making moves. We'll go through the line We talked about the kapot stocks as which is what they kick it off with bedbath and beyond as well But when we go down so honest company this one I want to talk about now This is Jessica Alba's company they make honest It's like all natural. I think I think they have to do with a lot of baby products. Let's see what they say in here Because they are not having a good yeah They're not having a good overnight session and yeah, I was gonna say don't touch the stock man It falls out of bed on the open as well. You thought it was bag old from six till five Well, you just lost an extra 15% just off the open if you hadn't if you didn't take the chance to sell at $5 And you think that's bad this thing goes public Last May and it has been a one-way ship to negative prices folks for honest company Wider than expected quarterly loss as sales of masks and sanitizing products dropped significantly Also issued guidance for the current quarter that was weaker than expected Okay, so they make more than baby products in there as well But we I think we bought something some nighttime diapers from them was not a fan at all in terms of that Let's see analyze. Let's see what they talk about this company So you're talking about a company now value at 392 million dollars Clean lifestyle brand designs and sells environmentally sustainable products Okay distributed products through digital and retail sales Diapers and wipes there you go skin and personal care household and wellness We bought them once did not like them barely even was able to finish the pack in the nighttime diapers And it's probably because they're super honest. They're using all the same stuff But guess what folks? They were really hard to get on the baby. They didn't stretch it all So it was almost like, you know, you need a little stretch folks to put a diaper around the baby You just do and they didn't stretch it all. It was not good. I said these are I'm never buying these again Looks like I'm not the only one saying that man from 23 to 428 No reason to say that stock ain't going to zero folks if they don't have a product that people like and if they were relying on Pandemic type masks and sanitizers, etc whoo, yeah That's that's that's that's a tough one nighttime diapers designed to sell more Laundry detergent. What do you know? Well, it's actually designed to sell to see yeah, right? I know they they nonetheless you need those nighttime diapers sometimes Otherwise, you end up using the laundry detergent then because you got to clean all the sheets, right? As we all know we got kids all right Back to the stocks see where we're moving Yes, which tabba No real huge action here Nios got some action as well. We'll come back. We'll take a look at some of the fang stocks folks We got the S&P's hanging out to games barely by three points. It's Friday. It's 938 in the morning We're eight minutes into the trading day. Stay tuned folks. We'll 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 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 The technology around us is changing every day with so much happening It can seem impossible to keep up with all the information David White's investment newsletter the technology insider is designed to give you all the information you need to understand the technology that shapes today's markets and tomorrow's future David White has made his living staying on the cutting edge of technology His weekly newsletter will give you specific recommendations for value tech stocks As well as entry prices target prices and stops to set for each trade Dave delivers his weekly newsletters every Friday with updates throughout the week You can get the technology insider at tfnn.com for only $37 and 50 cents Sign up for david's newsletter the technology insider and get an inside look at everything the technology sector has to offer Try it risk-free today with our 30-day money back guarantee tfnn educating investors Will the s&p 500 continue to climb for bold trades on us large cap stocks in either direction trade spxl sp u u or sp x s Directions daily s&p 500 bull and bear leveraged etf's Direction leveraged etf's an investor should carefully consider a fund investment objective risks charges and expenses before investing A fund's prospectus and summary prospectus contain this and other information about direction shares to obtain a fund's prospectus and summary prospectus This 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 foresight fund services llc Don't forget you can listen to tfnn live on your mobile device 24 hours per day Go to tfnn.com and hit watch tiger tv That's tfnn.com and hit watch tiger tv Back folks we get the s&p's right now up by four points hanging on to those games You take a look at where we are in terms of the bounce we've gotten in this market inching towards the 618 price points Which would be about 45 50 uh ballpark and interesting that's right where you line up in terms of where we were in february 2nd Also where we were february 9th Inching towards that level right now s&p's up by one tenth percent All right jumping over to another story that caught my eye this morning instacart if you're not familiar with it They do grocery deliveries. I became a fan of them during the pandemic still a fan of them with young kids in the house busy Sometimes you don't have the time required to make a trip to the grocery store and those grocery store trips folks They really do take some time They take an hour minimum when i'm going to shop for the family you got it I got a baby that's one now You know child that's about to turn five in the house a 15 year old Uh teenager as well along with two adults You want to get a little bit of what everybody wants and it takes a little bit of time and time sometimes folks Is the most valuable thing you got and I am fortunate enough to be able to pay a little bit to be able to Have that service and I've used them many times over that time It was great during the pandemic when I didn't I had a pregnant fiance Didn't want to go into the grocery store as much as I uh as little as I needed to let's put it that way Was able to use that but I still use it for time and one of the coolest parts about it is that It is expensive of course I believe they charge you about a 10 vague on each product So if you're spending a hundred dollars in the grocery store your bill is going to be 110 You're going to have fees involved as well and then you're going to have a tip for the driver What it does allow you to do though is somebody that's totally into technology and keeping mine is it shows you every single Deal down the line And I use it as a way to try and stock up on items that are in deal Stock up on items that are in bogo from publics potentially Uh, and you see everything right in front of you that you've ever bought before that's on sale It's kind of cool how you can actually say show me items that I've bought before And are on sale That feature of a loan allows me to save a substantial amount of money when I focus on that aspect of things And just that The time again because I can actually just say show me everything I've bought again And I go down the list and basically that's all I need You know very often do you need something that you've never bought before at the grocery store? I go down the list even if I haven't thought of it. I figure out. Oh, yeah Hey, here's that thing I bought before that I don't even have it's a great service now Not as great as it was Back On its most recent funding round I was trying to see when the date was but nonetheless, so they slashed their valuation by 40 percent. There's still a 24 billion dollars Okay, that's quite a unicorn to put it lightly They had just raised 265 million though, which put that number at 39 billion in their most recent funding and you're talking about big players, man Um, Anderson how it's sequoia capital d1 capital fidelity management and research t row. They were all in there Their argument the stated reasons they say is human capital folks And I believe it because you want to compete for some technology minds And they come in with stock options and those options are already evaluating valuing the company At stratospheric levels that you think provides very little upside. Yeah, that's going to be a tough one So what do they do pretty brilliant? Um, not I would have loved to been in the room when they tell all those investors that just gave them 265 million recently and a 39 billion dollar valuation. Guess what was shaving that number back down to 24 We're giving stock options out to human capital But that may be the only way that they can compete and that's what they're doing They hope boosting recruiting and retention efforts by aligning new equity awards with the updated valuation Uh Yeah, the decision comes as the company navigates souring investor sentiment and technology companies across private and public markets Now revenue wise Where are they in here because their revenues going up? Yeah, here we go The prospect of higher interest rates inflation and potential recession also weighed on its valuation Still they boosted their revenue by 20 to 1.8 billion in 2021 And yeah, they have a lot more going on than grocery delivery now. I haven't really used it for anything like that They have um pharmacy. You can do a lot of things. They have quick expedited type delivery That's supposed to be 30 minutes or less something like that. But nonetheless, I use it for groceries I mainly use it for publics, but they do have the other grocery stores. Not sure they have Costco I um or sam's club um as you're asking in there But yeah, they're a great company and it's interesting to see how that shakes out But shaving it by 40% usually those venture capitalists man It seems like a one-way trip right where it's like, you know one month They're raising money at six billion valuation six months later. They're raising it at 14 billion then it's 27 billion And then it's 39 then they go public not always the case. They're back to 24 billion from 39 billion But my expectation is they're going to bring in some good talent there And then they'll jack that right up again On their next round of funding and guess what they're probably going to go back to the same people And then they're going to get that that that funding round up again So that they validate their own gains in there as well when they're going to go public I don't know I mean you're going to see a lot of these companies go public much later in their cycle when you have the available Capital you need from venture capitalists out there as long as the path is upward which on a lot of these tech companies it are it is This is where the future is going folks, you know, I mean Once I got used to this and again, you know, if you don't have the ability to pay for that time, but choose Geez, you know sometimes like I said 10% is not that big of a deal Even if you focus on only doing certain deal items, etc Especially for people when time is limited, which with the family, especially so All right, what else we got going on southwest airlines So they got a new class they're introducing a new class of airfare on southwest southwest is up 1.75 percent today You take a look at the 15 minute market liking this on the open New fair class a second cheapest option It hopes to reel in customers willing to pay up for more flexibility So it's going to be the want to get away plus fare. It's going to be just above want to get away And just below it's any time fair It's going to allow travelers to make same-day changes to their tickets without paying the difference in fare that the lower That the lowest tier requires so customers who opt for the new fare or classes above the new fare will also earn more frequent flyer miles Carriers like all the others Rolled out no frills basic economy tickets Which don't include perks that used to come for free as we all know the airlines trying to nickel and dimus with those bag fees, etc But southwest trading higher never been a huge fan of southwest just flying it can't stand that I don't know where I'm sitting on the plane Are you in the abc block? Are you going to get the middle row in the last? Isle of the plane But nonetheless, you're sitting right at the 50 percent of their pullback You bounce twice at the 618 southwest up a bit and I imagine That travel is going to be in a good period of time for the foreseeable future folks, you know crude prices We're back at 110. I imagine that will subside at some point Because it's quite a parabolic run we've had Since you started at about 62 dollars back in november, okay But domestically especially we don't have to deal with any of the geopolitical risks that europe's dealing with right now As well as dealing with potential virus concerns and how that shapes international travel going forward domestic Travel if you find the right spot probably a good spot to be at now I'll jump around as well. We'll bring that to air bnb and vrbo now air bnb is a great company They've been on quite a run as this market has bounced you've jumped from 140 to 170 just that quickly What I will say is just out of curiosity I was looking at vrbo this morning checking out what like a one night rental would cost and it's spring break folks I didn't imagine that I was going to book this but I was curious I said, what's what's a one night cost? Maybe if you want to go find a spot friday or saturday night somewhere near the beach in florida Found a cool place. It was about 248 bucks a night or something like that or 285 a night. I think it was 285 a night $485 in fees. I'll see I'll see if I can bring it up For the first time in a while, maybe week-long rentals work for a bnb and vrbo, but those fees Less than a week. It's tough Might be going to hotels and that would be a tough one for their business Surely 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 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 You might think that if you want to be successful at trading in the stock market You're going to need a crystal ball after all it's impossible to predict the future right Like any endeavor in life before you decide it's impossible get some advice from the experts You might find that it's not so impossible after all For daily market overviews that give you direction on the key indices selective stocks and commodities Subscribe to the opening call newsletter at tfnn.com The opening call newsletter is written by basal chapman creator of the trading methodology known as the chapman wave The chapman wave up down sequence gives you an edge in identifying price turns Finding the peaks and valleys and stock prices get the opening call newsletter by basal chapman and your inbox every day 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 tfnn.com educating investors Are you looking for a secured investment which pays you on a monthly basis? 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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 checking back in on the markets right now s and p's up by 11 You get the nasdaq 100 basically flat right now dollop by 100 so jumping back I found the graphic of what I was talking about so this is what it looked like I was thinking about checking in tomorrow checking out sunday $285 was the actual price advertised and then they had I believe it was what's what's the difference four yeah four 45 in fees so you got a linen fee to damage fee and administrative fee a cleaning fee a service fee and then you got taxes on top of it to bring it to 730 dollars for a room or I should say a place advertised at 285 I bring it up because I've loved these vrbos and air bnb's function on week-long rentals That's where we went when we did the program live my dad and I down to island marata a couple months back now maybe great time for a week-long rental but boy Haven't found myself in a long time saying I got to go find a hotel because weekly rentals on these sharing sites are way too expensive and that's what I find myself finding right now and if they just go to a week-long business model that changes things completely in my opinion in terms of what the potential for them out there just a huge number pretty staggering almost comical when you look at it on that level 785 you kidding me right now what we'll finish it up with we got some great March madness last night my alma mater villanova still in it they've made the elite eight we also had some soccer last night I'm not a huge fan of soccer but I love good competition and you can't help but love a good upset and Italy the poor Italians man they're going to be missing out on the world cup I think for the second time in a row they lost to North Macedonia last night in stoppage time one to nothing they were supposed to crush them Italy I believe is the sixth ranked team in the world North Macedonia I believe I saw something that they're like the 66th team in the the world this is a graphic we love graphics okay this is a graphic of the shot totals for the game in blue are Italy shots they scored zero I think they had 36 or 32 shots each dot representing a shot North Macedonia had four shots one of them in stoppage time that stoppage time the little small red dot there that they scored they win one nothing gotta love a good upset feels tough for those people the Italians man tough to miss out but man North Macedonia getting it done in stoppage time and look at that chart gotta love it stay tuned folks Basil's up next live programming all day today have a great Friday everybody