 The following is a presentation of TFNN the TFNN bull bear trading hour every trading day live at 10 a.m. Eastern Call now toll free at 877-927-6648 or internationally at 727-873-7618 the TFNN bull bear trading hour Now Tommy and Tommy O'Brien Welcome folks appreciate your girl and a problem with us out here We have the Dow industry is up 75 Nasdaq up 16 S&P's up five and a half gold up a buck and a half trading 1465 an ounce silver flat $17 five cents an ounce late sweet crude off 21 cents $58 37 cents a barrel notes and bonds you get the tenure down to 30 year off one and King dollar King dollar up 118 ticks trade in 98 111 yours at 110 Yan is at 108.68 and the pound is at 128 to 1 us dollar Tom O'Brien. What's going on? Good Friday morning. How we doing? It's a TGIF There's no doubt about it folks coming into Thanksgiving got to love it It's a it's a risk-free Friday as one of our tigers should say in the den I love that every Friday is a risk-free Friday in the market folks unless if you're a Tesla owner and you You hope that the windows don't break on the demo and they do is that something else? So what so let's take If you haven't seen the story folks, this is quite a you know Muskin always seems to get himself in some of these demonstrations into some I got the picture up there right now in The den and probably I got it. I got it like a TV man And if you haven't seen the video folks check it out because supposedly bulletproof armored vehicle Unbreakable window they had one of the employees was up there through a rock right at the first window Yeah, it broke it and Musk jokingly said maybe that was a little too hard and then he threw the rock again much softer the second time That's why I would encourage you to watch the video and it broke it again And he jokingly said well it didn't go through. I don't know how you launch a vehicle that has so much expectation I'm sure they ran through tests. Maybe they didn't choose the same rock they tested with nonetheless and then on top of it just that it is a strikingly Remarkable design for a truck. Yeah Let alone not delivering on what they thought so I wonder how that's gonna do and the market's telling you how They think it's gonna do with Tesla down about six percent on that news. Yeah, and what they did folks Okay, this is pretty cool though that they he came up with a sledgehammer before that right and Whack the car and it shows it doesn't dent, you know, so that part of it was really successful Yeah, I know they get their work to do and I think if you could post in the in the den Would you get a chance? I don't think I have your den chart as well. We'll get that just so I can see okay Yes, sorry here. We go okay But you're right and I think it might it might have dented a little it's it's just remarkable that you can You know at TFN and we launch products right every business you launch products You go through thorough testing of everything I imagine they had to be a little bit wary of Testing something like that you give it all these tests and not that it happened once that they threw the rock twice They threw it the first time hard they threw it the second time very softly and it still broke the window And you know you got to keep in mind that Musk likes to Talk with muster in terms of over-promising sometimes in under delivering So there's gonna be some questions about everything that they're saying about that truck let alone the dramatic design Do people really want a pickup truck that looks like that it kind of reminds me of the DeLorean and back to the future Yeah, oh, it definitely does. Yeah. Yeah, and it doesn't supposed to be out for a couple years. Anyway, is that the deal? Oh, yeah, yeah, this is like yeah, this is this is still on the like the drawing board that you know Okay, this is what was coming up But because I didn't they are they already have a price tag on it though of under $40,000. Yeah Yeah, I think you gotta have a price tag. Of course you gotta have the whole story I mean he always comes in under 40 grand, right? Right, it is that thing man. If you haven't seen this thing folks. I mean, it's it really is like I Don't know what you did. I don't either I don't either and guess what the market doesn't know either and that's why it's almost like a little wall machine or something Do you know what I mean? Yeah, and that's what you know, it said for me. It's it's like a one big molded Cast iron or aluminum material where it's supposed to be almost a nine millimeter bullet. It can stop Okay, so it is in that regard, you know where it's where it's one piece of Material kind of molded the whole way across but guess what folks, you know He had two rocks thrown at it and they both shattered the windows Not what you'd want in the market kind of just a little bit surprised about the design I think on top of things as well in terms of is that a design that's that's gonna sell millions I don't know. Yeah, not millions. I can't say I agree. I can't see it You know market-wise out here folks bottom line you have sideways market, you know, we'll see whether This baby wants to hold, you know, as I said when we were coming on the air Let me just see I believe it's really cracks me up man when you're dealing with these larger numbers and You get a test right to the tick and I think we still yeah, we did so the high of yesterday inside the futures folks Was three one one four point five zero that was established at eight o'clock in the morning to the high today three one one four Point five zero exactly 3114 to bring people along 3114 50. Okay, and that was established at 340 in the morning It's like really the exact same number when you're dealing with these it's like, okay Well, we should be back up there man Didn't you hear President Trump on Fox and friends this morning saying the trade deal is imminent? Oh, yeah Yeah, well what what what is going with you? Well, we're gonna see shake out here, right? So let me see a couple of his quotes out here because what you do have out here, of course you got so The Trump comes out says very good chance to make a trade deal with China, but the unrest in Hong Kong is Complicating factor if it wasn't for him thousands of people. This is his quote If it wasn't for me thousands of people would have been killed in Hong Kong right now Trump said in a phone interview with Fox and friends the only reason he's not doing is because It's gonna affect the trade deal. Well, we'll see about that folks because the fact of the matter is at the Senate Passed that bill and all that actually is it's basically giving Support to the the folks in Hong Kong. Yes, and it was I believe it was passed a hundred percent And we'll see whether Trump Vitos it because it's a veto proof deal. I my take is a good. He's gonna be to it. This is the Beginning of it, you know, I mean that as he's pushing it out said I'm the savior But the bottom line is that, you know, we need a trade deal and you know, we'll see where this goes up because China's is no doubt. It's gonna be upset with that bill Yes, there's there's no two ways about that. So that's for sure and the Senate did you right past the unanimous me I'm not sure if the house passed it unanimously, but the Senate did. Yeah. Oh Yeah, I see okay, so and with support from yeah, and so all but one Republican of the house okay, yeah And I think I had heard speculation that he is going to but that doesn't really and I guess that's just because and To be fair on it though It offers very little teeth in terms of what it actually means Yeah, I think that's why right, you know in light of how many Republicans of his own party went with it That he's kind of in a hard place to buck that Fortunately, but we'll see how China responds because they were not happy with that for sure. No The nqs and qz. So let's look at the nqs folks here. They're the first ones that are basically Showing a little weakness out here today Right now you're up a buck 25. This was a high of last night of 83 13 and Basically faulty points off it and looks like it's gonna try to Get into the red as Tommy and I go to a break stay right there folks We're gonna be coming right back our phone numbers eight seven seven nine two seven six six four eight If you're not currently using the Taz profile scanner when looking at setting up your trading opportunities Then your arsenal is short a mighty weapon The Taz 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 headed by Steve doll Taz Understands that in today's technological world the use of top flight software Applications and technical analysis expertise is essential to successful trading in today's market You also gain access to the webinar that Steve doll and Tom O'Brien just hosted the best way to use the Taz 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 TFNM comm today And you'll find the Taz 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 TFNM.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 TFNM 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 TFNM.com TFNM has launched our brand new website You can still visit us at the same TFNM.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 TFNM.com now and experience all the upgrades TFNM.com educating investors Welcome back folks. We have the now up 79 Nazca bait S&P's up four and a half and we know these pot stocks have got smoked folks Let's go over to Canopy and take a look at Canopy because all of the pot stocks actually did come off the lows a couple days ago So if we take a look from highs to lows out here, let me put it back Boy, they've had quite a move over three days too, man Isn't it? Yeah. You know, so we The high now this is so intriguing about a lot of these pot stocks folks They have a high volume high. So if you have a high volume high, you go back to it The real question is, you know, when does it get there? It could be two, three, four years You're at $59.25. You're at 1853 And what you had done is that you came all the way back into the breakout area from December of 2017 And then at that particular point you took off Bottom line is that, you know, last three days, you know, Canopy growth, we just went from 1381 up to 21 I am back to 1856 Now, here's the news on Canopy today. Now, this is really intriguing too because Const, uh, Constellation Brands So Constellation Brands doesn't plan to make an additional cash contribution to Canopy growth beyond possible exercise of its existing warrants The alcohol company said in a filing today, so this is so wild that they actually had to make a filing I'm not quite sure why you'd have to make a filing on this, but Maybe it's a material effect in terms of how it might affect that stock. I'm just thinking, you know Oh yeah, listen, man, you know, when I saw this downdraft here, it was like, hey man, Constellation liked it You know, I believe price is higher than this, but we'll take a look at it It's like, okay, you know, you're going to come back in again Yeah So Constellation said it will evaluate, it will evaluate, now this is what they have Exercise of warrants, uh, immediately prior to their expiration and believes Canopy is well capitalized, which it looks like it is They have 2. Adequately capitalized, right? Yeah, they have 2.7 billion in cash and marketable securities That's Canadian, but yeah The warrants, uh, uh, exercisable at 1298 Canadian And oh, that's interesting, they expire One, expire May 1st Yeah, it looks like they have another one There's a second one too, yeah But they still get big losses here, so let me see this, I'll go into Okay, so I have it up in the U.S. now, I'll go to Canada So in Canada, folks, the symbol is weed I think we can remember that Yeah, pretty easy, and that's trading at 25, so that's interesting At 25 Canadian, and then they're still at 12 Canadian, man That's still a fortune, man That's still a double I wish I, I gotta Google when they actually bought the first Yeah You know Well man, oh man, talk about volatility, you know, if you're getting into these stocks, be prepared for some volatility Oh yeah We both, I think I'd say believe in the sector and the potential like we're saying Even at these levels, this company is only worth 3, 4, 5 billion, whatever it is And whoever becomes the leader of that industry, 2, 3, 4, 5 years down the line Is gonna be worth way more than 2, 3, 4, 5 billion dollars Right And you just had the, I believe it was the House Judiciary Committee One of the committees voting to legalize it in terms of basically descheduling it from a Schedule 1 drug Which would give states the right to legalize it And that's one of the biggest impediments for cannabis across the board in the US That it is a Schedule 1 drug which is akin to heroin You know, I don't get in this day and age, right? That we supposed to be like smart and how that is still in place I mean, really, I mean I agree man, unfortunately It's so whacked out, it's unbelievable I mean Unfortunately, this is something that, it spans both parties I mean, I'm, you know, it spans both parties No party shifts the responsibility for this Democrats and Republicans for some reason And whether it's, you know, the older generation stuck in their ways I would like to say some of it is because marijuana arrests Just let alone, you know, everything in terms of, you know, personal freedoms, okay They account for half of drug arrests or marijuana Now, you know, you can't have people driving around messed up or something But this is just finding pot on people, arresting them And you want to talk about, it goes so deep when I think about things How about the amount of money and time that is spent by police forces, okay That could be used for other things like opioids How about the amount of money spent on prosecutors, judges Right Jails, taxpayer money Let alone the personal freedoms are blocking somebody up You know, it just goes, it's ridiculous Unfortunately, that's one of the problems Because you have jobs that are behind it Of course There's plenty of those folks that, you know, say, hey man If we don't lock up another half of the money Of course, you have private prisons lobbying Right It's a big problem And then you have that money going into political campaigns across the board You know, but hopefully there's some steps in the house It goes to the Senate and hopefully the Senate But if there's been some skepticism in terms of what they'll do But that's where you saw a part of the reaction this week Of those stocks charging higher was on that move in the house Okay, cool Yeah, no, I suspect when it's going to be legal right across the, you know Yeah The country is going to be when they can figure out that, yeah We can make more money on tax than we can on basically locking people up And, you know, to present the other side of the argument Right, people say, well we haven't studied it We don't know the long-term effects, right Fair points, okay Guess why that is the case That is the case because federal money cannot be provided to study it Because it is a Schedule I drug So, you know, I don't buy that argument when it's a self-fulfilling prophecy That of course you can't study it Because you've basically said marijuana is heroin So take it off the Schedule I It doesn't even legalize it It basically just allows states to legalize it And then you actually allow funding to study it To make sure that we completely understand, you know What it does maybe in the long term if it affects the brain Everything in moderation in life, okay You know, I believe the pot should be legal But yeah, you shouldn't be high 24 hours a day, 7 days a week Of course that's going to be a problem Slightly I know, right Moderation in everything in life Whether it's alcohol, whether it's excess food, right The amount of obesity we have Moderation in everything in life But it should not be a Schedule I drug And I wouldn't take issue with anybody Who really still thinks it should Yeah So, Uber Both Yeah, we got this guy Galanik, he's out He's getting clean I think it said so Uber, you know, it's $29.82 Man, I think he's up to $1.2 billion right now Oh, no, it's right up to $1.5 $1.5 $1.45, I think his number is He's up to about half of his position Yeah, there you go Yep, so he had sold almost a billion This week he added $578 million more And there you go In terms of that's a pretty cool graphic There of where he has his money And you know, you can see that He's exited a substantial portion And I would not be surprised to see him Continue to exit the rest of that position And he's probably made the decision That he got ousted from the company He has no role in it He has no decision making in it And he wants to take his billions And go play with him, you know, wherever he wants And I don't blame him Yeah, no, I can see that for sure And that cloud kitchen is going to get Invested in, interesting to see Just, you know, I'd like to see What they actually put in one of those cloud Kitchens, you know what I mean We were talking about a little yesterday, right But just in terms of kitchens With, you know, Uber Eats Delivers, you know, just kitchens Delivering food in a number of capacity It's all delivery, right That's the only reason it's there Stay right there folks Tom and I come right back Our phone number is 877-927-6648 We have the dial Industrial is up 98 Nasdaq is up 6 S&Ps are up 4.5 And the NDX folks That's the one you better watch here That basically is up a 1 right now Come right back Hi folks, Tom O'Brien here If you'd like to get my daily newsletter Market Insights, then now is a great time To sign up for a 30-day free trial Every morning by 9.30 I send out my morning letter To subscribers with market commentary On a variety of markets, currencies And 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We have the dial up 64 Nasricks down eight S&Ps are flat And we'll be talking about these NQs, folks I'm telling you, man, when they Taking those NQs south, man They take themselves very quickly And we'll see Let me just look at this for a second We're down 15.5 bucks right now Which is not the end of the world But let's see what's inside of these Because when they start bringing these down These things can be highly volatile And that was after being positive pre-market though Which is why What's the high on that? $82.92, yes We're almost 40 points off the high, though Yes, so Tesla's the culprit One of the culprits That's down 6.4% You get in two out of 4% Take two interactives down three And Ross stores down 2.5 Now, let's go inside the S&P Because, you know, as the more pressure comes down On the NQs It just puts pressure on the S&P So that baby right now is up one Not the end of the world We'll see where it shakes out That'll be intriguing Inside the Dow, the strength versus the weakness The Dow still has a few points Positive points inside it And point-wise, what do you have out here? We're up 73 bucks You have Boeing putting 15 Positive Goldman 11 Johnson & Johnson 10 Taken away from it No big ones really Visa 4 United Health 3 Procter & Gamble 2 That's about it Friday into a holiday week That's what I think we're looking at, Tom Hey, how about if we could jump into Nordstrom? We still got retail, right? Nordstrom, Foot Locker Gap out this morning But Nordstrom getting quite a pop We've talked a lot Our man Kevin Hinks Think or swim their program Coming up next fast market JWN is that symbol Thank you Yeah, it's just quite a pop again And they've been a winner many times on this I personally am a fan of Nordstrom They got JWN as in Nancy They have quite a brand for themselves Yeah, they do And you look back to Even just where we were in August Down to 25 dollars You're up almost 50 percent Now they really struggled from that September But just look at that High volume low I know you like those high volume lows Maybe getting retested But Nordstrom Rack, man I'm a big fan They've seemed to find a spot I think and that's at least today They have, man, up about 6 percent On their earnings coming out And look at that low from 2008, man I mean, they've had some Not to make light of the fact That they really pulled back hard over the last few years But we'll see today a good day for Nordstrom Yeah, so they got, let's say When we take a look at it there I think it's some good gross margins, man So the estimated gross margin, folks Is 34 percent And bottom line they're saying Year over year it's going to be 34 Yeah, 34.3 Versus 33.3 Yeah I mean, quite a beat on revenue there, right They came in at 3.67 billion The number they were looking for was 3.58 I mean, not to make light, folks That's, what is that? That's 90 million dollars over 90 days So that means they took in an extra million dollars Every single day for the quarter Than you thought I mean, the numbers look light When you put it in decimals When you're talking about billions But a normal company If you said we took in an extra million dollars Every single day for the quarter Than we thought we were going to It's just staggering It's a big number Yeah It's definitely a big number And then, was it Who, oh Footlocker was out as well And then GAP, GPS FL and GPS also out FL, I think, Footlocker Thank you So Okay, yeah, so this is down to 277 It looks like it's going to go after that Low out here of 33 Yeah, now that's when I struggled To find as much in terms of What's going to happen with So Nike isn't selling their products on Amazon Nike, we talked about that They're going to be direct selling Their products as well We were talking about even in target What if that type of deal comes out Where does Footlocker fit into that? Do they really have a spot To be a well-known retailer Selling other people's shoes? Not if they don't have Nike And that's just a fundamental question I always ask myself As a long-term investor And I know we deal a lot with short-term But does this company have to be around In five years? Well, geez I don't know if Footlocker does Target definitely does I see Nordstrom being around as well In terms of providing that discount Yet good brands Kind of the surplus products That retailers have, they haven't sold But man, oh man I mean, you're paying premium prices For shoes at Footlocker When Nike's going to be able to deliver them To your house for free Yeah, all the others No doubt about it, man Look at that comp sales, man And they still got smacked Look at that So comp sales were up 5.7% folks Versus 2.9 That's a nice number, man Even the estimate was 4.8 And they crushed it Maybe it has to do with Exactly what you're just talking about, man The market's looking at it And say, hey, listen, man Nike's changing what they're doing Because Footlocker definitely depends on a Nike I mean, if you walk in At Footlocker store, folks You might as well walk in a Nike store I agree, right? Yeah, I mean, it's pretty dramatic Jeez, it's tough for me to see Why that stock got smacked today With all those numbers, man I know Yeah It certainly doesn't show it here Of why the stock's down almost 8% Let's see, I like to pull it up On the thinkorswim platform Only because it really shows you And so this is great, man You know, I didn't even know this was going to happen But I don't know what they talked about On that conference call, man But look at that bar So folks, you know Check out the thinkorswim platform Download the demo account Because you can see when the earnings come out Yeah Nice little graph There's your earnings Guess what? All is well, man You tick up just like we said The earnings look great You were up to $44 initially You hung up there The earnings call starts at $42 And immediately it sells off And reaches a low on that bar Of $37.77 So I imagine there were some questions Asked that whoever was on that call Whether it was the CEO Provided some guidance That was not included in the raw numbers That was a little bit dicey That the market did not like to hear Especially the analysts and so forth No doubt, no doubt And as we're sitting here talking You're getting a little bit more pressure Inside of the NQs You're down to $27 Notes, bottom line flat right now You're at the 30-year-up, six ticks Oh, Bitcoin Poor Bitcoin's not getting any love, Tom Yeah, let me bring this up XBT What this did, folks, is that it broke The bottom of its consolidation So this could be some trouble here For Bitcoin It was interesting Larry got a call on Bitcoin this morning Where to buy it Just interesting Getting some calls again as in Some volatility pulling back Just like you said under those lows A lot of us are technical traders I don't see a low until you get down To exactly where you're at there Exactly 4,000, what is that? 4,052 maybe? The high of that 5,300 at least? Yeah, yeah And so what you did out here, folks In the picture, this is You get a consolidation taking place The lower end of the consolidation Was 7,300 The top was 9,900 Oh, my God This is wide price spread You're blowing by this thing So it's like, okay, man This thing 5,300 to 4,000 Is on it now So it's like, whoa Yeah And this is where If we looked at that Bitcoin On a larger chart XBT, I would just put it back up This is You can make the argument that This has been on a downtrend forever You've had bounces because The high is the high Oh Another, you know When you think about long term Is Bitcoin going to be around in 5 years You know, it could be But I'm not sure, cryptos will be That's for sure But does Bitcoin necessarily have to be around? 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Whether you think the Biotech bull Has room to run Or has run its course Trade L-A-B-U or L-A-B-D Directions daily S&P Biotech Three times bull and bear ETFs Visit directioninvestments.com Slash Biotech today An investor should consider the investment objectives, risks, charges and expenses Of the direction shares carefully before investing The prospectus and summary prospectus Contain this and other information about direction shares To obtain a prospectus or summary prospectus Please contact direction shares at 866-476-7523 The prospectus or summary prospectus Should be read carefully before investing An investment in the funds is subject to risk Including the possible loss of principal The funds are designed to be utilized Only by sophisticated investors Such as traders and active investors Distributor, foresight, fund services, LLC Then hit watch Tiger TV For the latest market information Welcome back folks 877-927-6648 So we got Ray Dally, Tom Bottom line, very successful fund manager It looks like he's putting on over a million Is this? I don't know, over a billion A million is peanuts, man Come on That's right Over a billion in option trades That, let me get the story I think you had it if you go back to his Yeah, you had it there on his profile It was right under there But I'll find it's everywhere on the news I'll pull it up on CNBC So he's got a billion dollar short Frontpage of CNBC.com You got it up as well The world's largest head fund Reportedly bets over one billion On a big stock market sell off soon So the key there is S&P 500 And it's interesting that Or the Euro stocks 50 Now what's important to keep in mind here Is I believe they have $150 billion under management Yes, total assets That represents 1% of the fund That could easily be a hedge Against what he has Now it's quite a number But it's not like it's a $4 billion fund And they have a billion dollar short That's right If the headline said That Bridgewater Associates Puts 1% of their assets under management Into a short hedge It would take on a completely different meaning Yet it would have the same exact It would be a factual representation But nonetheless, man He is a brilliant guy I have a ton of respect for him I'm reading his book right now He's got some great interviews out there In 60 minutes If you want to go find them yourselves And he's got some Even to hedge it with that type of money It is quite a number And so he used put options Assembled over months by Goldman And Morgan Stanley Giving investors the option of selling stocks At a predetermined price And that's not long Mach, you're talking about Mach That's the inspiration on these There's a lot going on, man In terms of you have The biggest bull market we've ever had We're going on about 10 straight years From 2009 to 2019 Even in the last year We're up 20% right now In the markets You're coming into an election That's gonna have two Completely different opposing factors No matter who comes out of the Democratic bunch Between President Trump And the Democratic contender The market is gonna be Someone uncertain about what's gonna happen And you have the trade deal Looming over all of this And no matter what the president says, folks Wake up to the fact that every time We get an actual factual news story It's a negative twist on the Chinese Not being okay Or the U.S. not being okay No matter how many times President Trump Goes on Fox News Or stands on the front lawn of the White House And says trade deal's coming in two weeks Okay He said that about seven to eight weeks ago now When he said we just gotta get the details in writing And all the news has been that That is completely false So I imagine that's what Ray Dalio is looking at And it's not gonna be a sell-off Ahead of the election the week before Okay Primaries are starting to begin You're gonna get actual voting The Democratic field's gonna get whittled down You're gonna have one of the contenders Coming out of the top And then you're gonna have a presidential election That's gonna get rough, I imagine And it's gonna be two completely opposing views And the market is not gonna be okay Not being sure of where that's gonna be And add the trade deal on top of that And I just, I see the potential Not that it's gonna dive I see a potential for a decent pullback Man, let alone, like we talked about With Kevin Hinks yesterday With the markets up 20% Are you really gonna wait in the market When last year folks in December alone We covered it If you weren't watching yesterday's show The S&P, right, Tom? Went from 2,800 to 2,300 In December alone Right Okay, so all of that's on the table To keep in mind here Oh, yeah, it's a big one, too, man I mean, when you look at this I just brought this up It's pretty intense, actually Yeah, and there you go It was December 3rd, I think, was the high You have the weekly Yeah, 2,800 Yep To 2,443 Nope, you're on the wrong bar Oh I remember, it's 23,486 Yeah Okay Look at that, that's intense I mean, you talked about 500 points You're talking about almost 20% In the month of December Right There were a lot of bonuses that got demolished During that month Oh, yeah And with everything I just said Ray Dalio taking that short People are aware of the potential, at least I don't know if it's gonna happen I don't know if it's gonna happen December But the potential for some of that Some of those gains to a road I mean, as we see the S&P at 3104 We're a solid 1% off the high that we had already I think we're up to 3132 As the overnight or intraday high in the S&P At one point So you're talking about a solid 30 S&P points And nobody even would realize That we're 1% off the high And when you start talking about If we ever get a 10% correct And that was on Tuesday Yeah, this week, exactly Yeah, so, wild Let's go look at that gold contract They want to whack gold again It's Friday Okay, no reason not to So we just went We had a high out here of 1470s For a 10 bucks down Now what's intriguing here though Is that you had an immediate rejection Like fast and furious of this 1461 So this is gonna be cool watching how this shakes out Because we're right back inside Well, 1463 is the number We're right at it actually 146370 That number, the second number I just gave you 146370 Just the lows of yesterday, folks But on Fridays You always gotta be cognizant Of the metals market That they can basically take that thing south Pretty quickly Yeah So it's wild, man It's wild watching So what ends up happening, folks Is that at 1.30 Friday afternoon Eastern Santa time, bottom line The electronic exchange is still open But the exchange really gets big blocks of gold Through where the banks go That's it That's it until Sunday night At 8.30 when Australia and the Asia opens up That's what makes us always If gold is running topside Your probability goes much higher That guess what It can really run topside And the people in nervous They don't want to be shot gold When gold's flat like this Guess what They like to jam it And say, okay You know what They're not going to be able to trade it Over the weekend I don't think Well Even though I'm a bull in gold I can see the bear case That, hey, listen, man The market's shaking everything off It doesn't matter what happens Over the weekend Right? Sure It's like Hey, so I'm going to jump around A little bit completely I wanted to cover a story That had to do with the ring That is the camera That people put on their front door Man, I saw this article A few weeks ago And it's just staggering Talking about a police state So Amazon says police can keep Videos from ring doorbells forever And share them with anyone So we're living in a police state We're the ones filming everything And we don't even know it, man So to get down into the meat Of this, right Yeah Now there's a lot of good That has come from, of course Videos and people being able To be caught for crimes That they're doing But it's staggering When you have police So Amazon's ring network More than 600 police departments Request video footage From those cameras They're on everyone's front door Yeah Okay This is perfect We'll tease it to come back, man Because they can request it Anywhere within half a mile Of a crime Within 45 days of the crime 12 hours of video And they get to keep that video And do whatever they want With it forever No matter what If a crime even committed Wow Stay right there folks Tommy and I are coming right back For 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 their number One market timer In the nation 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 tfn.com And get immediate access To workshops Where I take you Step by step How to use an extraordinary Set of tools As well as provide Great market calls too Sign up today If you're a trader In the market Looking for exposure To gold or gold mining Equities Then now is a perfect Time to sign up For Tom O'Brien's Gold Report The summer is over Gold is trading back Above $1,500 And the 10-year Treasury is hovering At around 1.5% Tom O'Brien has been Writing his weekly Gold Report For almost 18 years There's no one That knows more About how the Gold market trades And how Gold mining equities React New subscribers Get a 30-day money Back guarantee Tom publishes His weekly Gold Report With coverage of Gold, Silver, Bonds, The XAU, HUI, GDX, The Dollar As well as more than 30 different Mining equities As of September 3 Gold Report subscribers Have five active Open positions With an average Unrealized profit Of almost 38% For each position To see for yourself The types of Profitable trades That are recommended Within the Gold Report Sign up today By visiting tfn.com Since 1984 Basel Chapman has Been using the Chapman Wave methodology To advise traders Of his expert Market opinion While originally Hand drawing charts From the late 1970s Into the 1980s Basel noticed That prices under Most circumstances Virtually always Had a certain number Of legs to the Upside Before declining sharply Later, Basel found That computer software Which included The standard Market technical Indicators Enhanced the degree Of accuracy Of the market trend Calls. Thus was born The Chapman Wave Sequence. Using the Chapman Wave methodology Along with other Indicators, Basel 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 Basel's Daily trading newsletter By visiting The front page Of tfn.com Cancel it Anytime during That trial And pay For more information Just click The think Or swim banner On the front page Of tfn.com Welcome back folks We are talking Ring. So let's talk About this. It's just Interesting man It's a little jump Away from the market But Amazon's A public company Man there should Be some backlash And I have An Alexa Okay so I'm cool With some of This stuff But it makes Me rethink things So to get Into the heart Of the People who Have had to do With I believe Was Marquis A senator Asking Amazon For commentary On what they do And the Privacies of it And the real Meat of this Is that And I've highlighted it Amazon Let's police request Up to 12 hours of Footage Any house That falls within Half a mile Of a suspected Crime scene From the past 45 days Okay And connect To doorbells Of whether they show A crime Or not If you think about it There's a crime Committed probably Every 45 days Within a half Mile of Probably 99.9% Of the country Which means in Theory They could have footage Of almost every Single street Of every minute Of every day If they wanted Right now And we're the Ones Providing it Listen man That's Facebook We need some You know And all they need to Do for this Is almost provide A case file number It's not like You need to request A judge order Or anything like that And that's the Scariest part When you start Thinking that They can say Crime has been Committed They just Put out the request For all the Videos within A half mile And for 45 Days It was staggering Man So I just Want to wake People up Not you know A conspiracy Theorist Police state But boy That one kind of Surprised me And there should be Some type of It's about Power and control Man The more power They get The more power They want Okay Stay right there Folks Think of Swim coming up Next to them Man Mr. Basil Chapman Steve Rhodes Dave I'll be back This afternoon