 It's a presentation of TFNN. The Tom O'Brien Show is produced every business day. Tom takes your phone calls toll-free at 1-877-927-6648. Internationally at 727-873-7618. Let's go to Alan Tamp. Hey, Al, what's going on? Oh, it's a beautiful thing. I mean, if your listeners don't get the gold report, they're missing out. I mean, with your gold report, you just print in money. I love it. You're my best dad out there, Al. Let's go to Jeff in New Jersey. Hey, Jeff, what's going on? Great. Hey, listen, I was calling to thank you. A few weeks ago, you were prompting on your show to fill out that $10,000 grant. Yes. So I filled it out. And just a couple days ago, I found $1,000 in my business checking account. That's awesome, man. That's awesome. Yeah. I owe it to you because if it wasn't for your pumping, I would have just assumed, you know, no way I would have gotten anything. So I wanted to thank you. No, we appreciate your problem and a problem to see it. Now, Tom O'Brien. Welcome, folks. This is Tom O'Brien of TFNN. We're here five days a week. We go seven hours a day. We go 24 hours a day on the internet, itfnn.com. Always remember, folks, whatever you think about, you bring about whatever you focus on grows. I hope everyone's having a great day, safe day. August 31st, man. Check it out. Don't make assumptions. Communicate with clarity. This is a great card, but we know that when I read it, if this happened, folks, it'd be pretty cool. But the communication level in the world right now is pretty intense, meaning pretty bad. Communicate with others as clearly as you can be to avoid misunderstanding, sadness, and drama. If all humans would communicate with impeccability of the word, all our relationships would change. There'd be no walls, no violence, and no misunderstandings. Mockin' eyes! Let's take a look at it out here. We have the Dow Industries down $0.15. NASDAQ's flat S&P's off $0.6.50. Gold contract up $0.05, $0.70. Trading out at $0.18, $0.18 an ounce. You get silver down $0.02, $0.23, $0.93 an ounce. Light sweet crude off $0.70, $0.68, $0.51, a barrel, and those some bonds. The 10 year down three ticks, $133.13, the 30 year off $17 at $162.30, and $Kingdala. $Kingdala is up to eight ticks right now, $92.661. Euro at $118, yen at $109.99, and the British pound at $137 to $1.00 US. Our phone number is 877-927-6648. If it's a call, folks, I know it's going on in y'all world. In the world of the S&Ps, let's take a look at it. What do you have? OK, so what we have here is that you got a couple small ABC structures on the way up. The bottom line is that we'll see whether these things come into fruition. The bottom line is that we did take out the B point. You took it outward volume. Inside of the spy, $449, we got $13, which gets you $46, $56, like $460. We'll see where this baby shakes up. We're at $451. Inside the NDX100, the three Qs, same type of setup. Meaning you get an ND, you get an ABC structure on the way up. This is a much larger one. B point is $375. A point is $359. So you get approximately 15 points, which gets you up to the $7186, $386. Now, that being said, we had a question out here yesterday too. But we've had multiple ABC structures all the way up. And bottom line, when does this end? It ends when you basically don't reach the ABC structure number one. But as I explained yesterday, what I've seen in the marketplace for years is this. The market gives you three times to get out. And to me, the three times are already up. We've gone down three times when we were talking about July 8th, we went downtown with volume. July 19th, we went downtown with volume. And August 19th, we went downtown with volume. That being said, you made a high up in the first tie, July 13th, the next tie August 5th, and the next tie, of course, yesterday and today. The bottom line is that I think we're close, man. That's the real bottom line. We'll see where this shakes out. What we have here, no doubt, is that you have window dressing, we have the end of the month, beginning of the month, and you get Labor Day simultaneously. That being said, this market is stretched in an incredible way. And what did happen today is this. And yes, Jimmy, you should give yourself a gold star. That's the guy that asked the question, because he had me thinking about it all night long, which is a beautiful thing, and I want to thank you. And so this is what happened this morning. If you were in front of a machine this morning, this is how nervous the market is. Let me put up the S&Ps first. It wouldn't matter if it was the S&Ps or the NASDAQ composite. What had happened is this. You had this fast down draft. It was about 7 o'clock this morning. The futures were pretty good, not huge, but they were pretty good. And then all of a sudden, man, the futures, the S&Ps went from 45.28 down to the first leg here was before the market. There it is. 45.28 to 45.19, OK, 45.16. Now, that doesn't seem like a lot, OK? But let me tell you what that was on. What that was on is this, the NASDAQ also went. That was on the aspect of a politician in Europe saying that he thought that Europe should slow down with the pandemic aid. I was looking at this and saying to myself, you know what? Now, you can just use common sense, OK? There's no doubt that tapering is going to come. Higher interest is going to come at some particular point. But the aspect that you're going to pull money back in the pandemic is like not common sense. But my point is this, that's how nervous the market is, because it went down that quick, and that was over in Europe. But that's the start of this market off down. If you know, I'm sure a lot of these weren't in front of a machine, but I know a lot of tigers and tigers are in front of machines at 6 and 7 o'clock in the morning. That was the first leg down. Then what ended up happening is that the market made it all the way back up. But when you do that, you basically, the market gave us that information that someone turns around, says one thing in Europe, and bang, it goes that quick. So it's a heads up in general. Our phone number is 877-927-6648. We're going to take a look at that good old dollar now. This would happen with the dollar, folks. The dollar has broken its uptrend. Even though we're up 17 ticks right now, what you're going to see is this. And this is a break with conviction. A break with conviction is that when you get a longer bar that's happening, because I don't have volume on, well, no one has volume on the currencies. OK, so we have here, as you can see, we had come down last Monday. We come down Friday. We went sideways yesterday, bottom line. You broke today, and you broke with conviction. You got down lower. We'll see now we can make it back inside the trend line. But right now, you get a decisive break. That's the end of the dollar. Once you go to the bottom of this consolidation, which is 89.524. It's Tom O'Brien. This is TfNN. You stay right there, folks. We'll come right back. The Dow industry was right now trading down 61. NASDAQ is off four. S&P's are off 7 and 1 half. Come right back. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TfNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the market's open. To give you the competitive informational edge, you need to succeed. These newsletters are packed full of Tom's advanced technical analysis. And are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights, today. 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Watch online at tfnn.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN. Educating investors. Call now. Call free at 1-877-927-6648 internationally at 727-873-7618. Welcome back folks, Dow. Dow industry is right now down 62. We get the Nasdaq off six S&Ps off seven. Let's go over to our man, Mr. Basil Chapman, as we do each and every Tuesday at 20 past the hour. And don't forget folks, Basil has an outstanding show every trading day right here. 10 to 11 Easterns, 10 to time. Also a great newsletter, the opening call. Now it's very easy to get Basil's newsletter, folks. Come on over to our website at TFNN. You're going to newsletters, you're gonna see it right on the right hand side. You just hit the opening call. You can get the opening call for one month for $149. You can get it for six months for 6.95, which is a savings of $199 at 22%. You can get it for one year for 11.95, which is a savings of $593 or 33%. Now they all come with a 38 money back guarantee. Basil has approximately 11 archives on there. So if you really want to understand the market, you want to understand riding the Chapman wave, you not only get a great newsletter, you're going to get it for a month, you get a money back guarantee if it doesn't work for you, and you're going to get a great education. So the bottom line is that just get those glasses on, sit it on your desk, start studying. Start riding that wave. Basil Chapman, what's going on? Hi, Tom, how are you doing? I'm doing good. I said, get the glasses on because I've needed glasses for a while now. Oh, interesting. Yeah, well, I've got my eyes are gone back to when I was a teenager. So yes, I do need them for reading closely, but other than that, seems to be a good thing. I'm not sure, but it's a cycle, and we have to deal with it, whatever it is. That's a good cycle that you're on, man. I like it. I think so. So this is very interesting because we're about to within less than an hour, we're going to wrap up August and the candle of August. Oh, yeah. And I thought what I'd do here is I'll just briefly talk about the monthly charts. I'll just I'll show you there's a pattern in the Dow. The Dow went to 35,635. OK. 6,000, 35,631 on the 16th of August, then drop sharply 1,000 points to 34,690. And for the last one, there's about seven sessions. It's just been stuck in a very narrow trading band. And that tells me that the mix of the Dow, because I call it the Dow 30, it's no more the industrials, it's the Dow 30, the mix within it is telling me, just like my cash index, C-A-S-H-C stands for Sintas, look at the Sintas, for over a month hasn't been able to break out above the 396 high that it made back in July. This is really incredible. It's just bumped up against it. I call this the Chapmeet inside track repellent zone. So this is really important because that is overalls, uniform, rentals, look at the weekly chart, peak deed hasn't broken out above, but it's only a leg B in the monthly chart. And I believe that today will give it a monthly 396, 38, 396, 286. Wow, 12 cents, 13 cents. And if it doesn't make that 13 cents higher today within the next 40 minutes, it's made a peak B in the monthly chart. A is for Amazon and Amazon had a spectacular move and the monthly chart had a single leg to the upside and now it's gone back into the trading band. It's gone from the, let me just get the 3773 level back in July, mid-July, drops down to just under 3,200, having quite a nice day here. But actually, when you look at it, it's lagging. So that's, the spy is in the alphabet of the cash, my cash index, spy made an all-time high yesterday. It's just stalling it for a moment here. I'm gonna be watching this closely because the monthly chart is in leg B. And that means if there is a new high all of September, you've got all of September to make a new high if it isn't today, if it's tomorrow or any day after tomorrow above for 50.65, it extends the monthly leg B and the chaptering methodology I'll just show this for those new viewers to this program right here. So peak A, peak B, peak C, peak D, we're always expecting in a buy mode to go to at least four higher peaks and instead that fourth peak, peak D that other things can happen. That's where we were somewhat cautious and we'll see, so the expectation here is that if in the month of September, even by one penny the spy goes above August high, it's extended the month and if you just count the waves, you can't get a peak B until a month later, that'll be October, and then it goes to leg C, you can't get a peak until it's a month of a lower high. That takes you to December. So basically it says that going to 2022, there should be higher highs to come based on my methodology. 2022, oh my God. I believe it's, yeah, between two. Seriously, man. And Home Depot makes an all-time high just about mid-August, goes to the 338, was it? 338.55 and it's consolidating here. So even in my cash index, which I've used for a while, just it's a kind of a broad index in the sense that, look, since that's overalls, Amazon is just about everything, right? It's really important as S&P 500 and H Home Depot is really the whole home building, the aspect of growth that where people who are staying at home are still doing things. So it says that there's a mixed picture and that's the picture that I just wanted to illustrate for a moment here. So I'm going to go back, I'm going to go to the S&P cash just for a moment to say there's that leg B in the monthly chart. So if there's, it goes one penny above yesterday's, all-time high, or 45, 37, 36, just one penny above, says you've increased leg B into September. And if you look at the QQQ, it's just is becoming, it's very interesting. There are fewer and fewer stocks. You can see as Amazon, which was really important was consolidating for weeks, all of a sudden is having some nice, a nice ready to the upside. And basically what we're looking at is, fewer and fewer stocks are taking each industry up to new highs. And that's really what I wanted to illustrate just by the notation that I've got and also the other aspect to it, right here in the Dow, going back to the Dow. Look at this arch formation. So I like to talk about fighting patterns. In the one case you've got, here it is, you've got the V-shaped pattern where you come straight down and you've gone straight up and then you stall. So this is straight up and straight down and then you get the arch formation. It's either this big arch or it's a small arch that dreaded H where if you take out the left side low, that's all the way down in 34,690. So we have to go one step at a time. I'm just gonna make it as simple as possible. There is enough strength to maybe pop the Dow higher, maybe this week or maybe early next week. But I suspect it won't be much higher than the 35,631 all-time high. But most importantly, there is enough strength to do that. But if the Dow starts to close, not just trade, if it closes under 35,150, just to be safe, let's call it 35,100, closes under that. It says, be careful. We've started some kind of a consolidation and we know that markets very often make bottoms simultaneously at lows. But on the upside, you can rotate for weeks going through one sector. We've seen it was the Qs, then the S&P followed and the Dow's lagging and the IWM, the Russell 2000 is lagging. So this is very selective. Not to say that there has to be a smash or anything like that, but I think this is a period where we're getting close to some kind of a consolidation. And if it's rotational because there was a period early, wait, take last week where the Russell 2000 suddenly came on strong, but now it's stalling. So we have to think about if it's a rotational direction with sideways, if not, then they all come tumbling down. But right now I haven't got a single unless the Dow closes under 35,100. And folks, very easy to get Basel's newsletter, come to our website at TFNN, you'll see newsletters open and call right on that right-hand side. Basel, you have a great one, safe one. We look forward to your show tomorrow. Thank you, Tom, you too. Stay right there, folks, come right back. Are you having fun creating the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with? 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This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. Welcome back, folks, to DOW. DOW is down to 61, now it's up to 16. S&P's up to seven and a half. Let's go to Philip and St. Pete. Philip, what's going on, brother? Hey, Tommy, how you doing? I'm doing great, man, yourself. Good, good. Can you hear me okay? I can hear you. Hey, man, we have speedboat races this weekend, you know. I didn't know that. I, listen, folks, if you're on St. Pete, right? St. Pete pair, we got speedboat races. I can't believe I didn't know it either. And it's like, man, I don't think they did enough advertising, but we're talking about world-class speedboat races, so we're gonna have some fun here. Yeah, I never saw anything on it. You're gonna have to jump on your bike and get down there. I will. So, Toyota, right? Yeah, can you throw those Fibonacci's on there and tell me, did this just do a little 50% retracement or what? Let's take a look. So you get Toyota manufacturing, of course, Toyota Motor Company, rather. Lowe's 129, the Highs 185. This little baby came down hard last week when they came out and said, listen, man, there's a huge chip shortage. They get hit with the chip shortage. That's the real bottom line. So, let's see. So if we go from highs to Lowe's, to highs with the contraction, yeah, you came right down to 0.618, basically. You know, if you take this last trend up, folks, okay? You take the trend that started at 151, gets up to 185. That's pretty impressive how it just went there, yeah. I mean, if you're looking to buy this, I'd let that retest that lower area, though, Phillip. That 163 looks like it can get retested again. Yeah, well, I was thinking it was short. I was thinking that maybe it was just gonna do a 50% retrace from the diet from here. Well, that's it. Let me just see. Okay, not available. The shop is just that address don't have the shop position. You know, this wouldn't be a bad place for it. That's the bottom line. You've come up, a fill of the gap is 175.53. We hit 175.01 today, you know. Yeah, my take is that this thing wants to get retest. I mean, you know. Yeah. I mean, Toyota is a monster. There's no doubt about it. I mean, they're one of the largest car companies in the world, it's not the largest. That being said, they did come out fundamentally and say, hey, listen, you know, because of the chip shortage, they're talking about not delivering huge amounts of cars. I mean, I forget what the number is. I'm trying to find it right now, but I mean, it's like, oh. Yeah, into next year. Let's see. Yeah, it's a big number. That's the bottom line. So, you know, we'll see where the baby shakes out, but at this level here, it backs against the wall, man, because you can put your stop, you know, you don't have to give this a point, two points on the other side of it. Or if you're going to the option market, the bottom line, it's not a bad setup. There's no doubt about that, man. Okay. Cookin' brother. All right, man. Good. All right, one man, have a safe one. You too, Tommy. Thanks. 877-927-6648. We go, let's go take a look at that. Well, yeah, I wanted to show you something too. When Basil was talking about these markets, about rotation and stuff. So, pitch this, folks. The Nasdaq is down today. And you're not down a lot. You're only down 25 points, the NDX, right? But I want to show you something because this is where the strength inside the Nasdaq today are all the Chinese stocks, okay? And these things have been dogs, but the bottom line is that they got a bounce going. It's a good bounce, okay? You get NetEase up 7.2%. You get trip.com up 5.5, and you get Pindu Odu up 3.2. Now, those are the leaders outside of Walgreens Boots. Walgreens Boots is up 4% also. Now, when you get something like that, you want to pay attention to it because it's like, okay, you have, let's say if we just take NetEase. NetEase three months ago was trading out at $120. Gets down two weeks ago to $77. You're trading 96. You know, these are basically dead cat bounces. I suspect it wants to go up a little bit higher. Won't take much because you are taking out a B point out here today, but it's not an ABC up because what has happened is you came down way too much volume yesterday on all of these, you know? But I think they're gonna go higher. Not a lot higher, but they'll go higher enough that they will help the NDX. There's no doubt about that. But you want to take that into consideration understanding the strength versus the weakness inside of the marketplace. We get another question about an eco-eagle about the amount of volume on eco-eagle out here today. This is big volume, man. Now, this gets really intriguing too because it's like, okay, you've done 3.6 million. You're coming into the top of a range and if you're watching Bloomberg, you're watching Bloomberg, if you're watching TFNN and you're watching my screen, I just brought up the largest trades, okay? So normally, someone is, and this is a tough one, folks, is you really can't tell whether someone's coming into this or getting out of this. If they're getting out of it, the bottom line is that there is a lot of support because it's still up 53 cents. If they're getting into it, then they're still selling them at the side of it because you can see it hasn't taken out the swing point yet. You can see when we take a look at this, where most of these trades, 5,000, 7,000, this just happens to be a lot of them. And I'm not quite sure where that, they must, normally when I do this, right? These are the block trades to bring up. Normally, when you do this, when you see something that's this large, I mean, you have 3.6 million already, you're gonna get bigger numbers than these because I mean, this could be you and me buying four or 5,000 at a time. So to answer your question about the aspect, well, I think gold starts to go on higher anyway because gold's in an ABC structure in the way up. That being said, I don't have a clue as to what's going on with AEM. It's just one of those deals that, you know, you can make the case that, okay, you're going into the high with volume, but I really can't make that case because you never hit the 58.91. You can make the case that you're going into the low, but you really can't make that case because it's 56.34. And when you're in the middle like that, guess what? You gotta go to another stock. That's what I do anyway. That's the bottom line. We take a look at the GDX, okay? That's exactly what we'll do, go to another stock. Take a look at the GDX and you're holding price. This is setting up, this is, I can tell you that most of these gold and silver equities are setting up really sweet for coming into the long weekend. That's how it seems. I suspect what we're going to get is this. It looks to me like we're going to get a lower dollar and coming into the weekend, you're going to get higher gold and these equities want to move. That's kind of how these babies are set up right now. We go take a look at Barrett Gold, G-O-L-D. And you can see that, you know, yesterday you basically went higher, gave it up on price. You're holding price today. If all these gold equities hold price today, they don't have a lot of volume today. But if they hold price today, bottom line is that you can expect higher prices coming into the weekend. We're going to take a look at some of the higher volume equities in the broad market in particular. You get Global Star like this. Okay, so this is the type of market we're in. Global Star, no, is it Global Star? Yeah, it's Global Star. So Global Star basically went topside yesterday with that. He had the rumor that Apple is working with Global Star. And hey, listen, it could be very well-written. What had happened is that Global Star folks on their last filing said that they had received $60 million and they were working on a project for someone they couldn't talk about. So Global Star goes topside to $247 today. It's $196. If you're going to trade this thing, wait for it to finish the gap. You know, it went lower today. This will go all the way back to $145. If it doesn't light a volume, then guess what? Then you can get some action. But if you're playing it, right? If you're trading it, that's one thing. If you're investing in that, and the aspect that you think, you know, this thing can go a lot higher. Wait years away from that whole deal. Stay right there, folks, come right back. 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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 Chairs carefully before investing. The Prospectus and Summary Prospectus contain this and other information about Direction Chairs. To obtain a Prospectus or Summary Prospectus, please contact Direction Chairs 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, Four Side Fund Services, LLC. At 1-877-927-6648, internationally, at 727-873-7618. I'm O'Brien. Welcome back folks to Dow. Dow Industrial is right now down 38. We've got the NASDAQ off 11. SAPs are five and a half. So realistically, we've got a sideways move out here folks. Let's go inside the Dow and just see where the strength versus the weaknesses out here. Strength is that you've got Walgreens Boots. That's put in 13 positive points. Bowling 11, America Express 9. Taken away from it, Nike. We'll go look at that. Nike, minus 22 points. United Health 16, Visa 14. So let's go take a look at Nike for a second. So Nike, this is one powerhouse, man. And Nike, probably only a blimp. Yeah, it's not a, I don't know. That's so weird that there's one equity that always pops up that I must hit something. I'm hitting something on this board when I do this. Okay, so here we go. So now this is interesting. Okay, hold it, man. So Nike is coming into a swing now. Oh yeah, this is, okay. So Nike, okay. So we're coming at 7.3 million. You've only done five, but the way this is coming into it, I suspect it's gonna jump the creek. If you're in Nike, you know, bottom line, if you wanna stay in Nike, you probably should sell some calls on the stock, okay? Because what Nike has, and it will get filled, okay, is a monster gap. And the gap starts at 132 and goes all the way up to 150. These gaps don't stay open, folks, okay? And what happens is this, is that most times it's when they start moving lower that you're really gonna keep your eye on it because they're like magnets, man. I mean, a gap this big is a huge magnet. And guess what? You can come down and fill that gap and there'll be nothing wrong with Nike whatsoever. It's just the acceleration once they start. That's how this baby shakes out. Now, let me see this, because this could be cool too, because we could do, okay, so let's do this. So it's an ABC up, it was an ABC up. Now, would you wanna, okay, so 147. Okay, this is cool. So it was a, 47, it was a 54A to B. And that would give us 175. Okay, so check this out, oh man. This is a classic timing the trait. Not only an ABC structure on the way up, folks. What it is is this. Nike's gonna go fill this gap. So check this out. When Nike took out the B point of an ABC structure on the way up, the price projection was 175. Well, we hit 174.36. And what does happen if the ABC structure's finished, there's not all the time. Sometimes, I mean, we know the cues have been in multiple ABCs, but most of the time you do something other than finish, do another one. And Nike's case, it finished it. Then it came down with volume on the 19th. Maybe it came out with earnings that 19th. I forget what day they came out. Now, what you're doing, you're coming into that level with volume. This thing's gonna go after it. Now, what that also says, there's no doubt about it. What this is saying right now is that this is also saying that if that's the case, if Nike starts coming down into that level, that's gonna put a lot more pressure on the Dow industrials. That's how that baby's set up. Some of the other higher volume equities out here today, you got AMC. That's still hanging tough, man. It's up $3 trade and $46.32. Oh, I know what I wanted to go. Oh, Zoom. Zoom video. So let's go to Zoom. Zoom came out with numbers last night. Numbers weren't bad, but the market wanted bigger numbers. That being said, if we take this and you put this on a monthly, what you're gonna see is that you're coming into... Whoops. There we go. You're gonna... Come on. Come on. Get that shot up. There we go. Okay, so we put this baby on a monthly and what you're gonna see, and this is what you like to see. I mean, if you are a buyer of Zoom, this is kind of what you like to see. You like to see the volume come out before the swing. So we'll see that the volume's a monster out here today. There's no two ways about it, man. Out here today, we've already done $31 million and let's see, you're coming into... Yeah, $273 only has $4 million. What I mean by that is this. When you have volume come out before the swing, it's a lot harder to basically get the same kind of volume coming into the swing. That's what it comes down to. I think this thing's gonna go after the $273. When you get this close, you got the $288 today. When you get this close, it's gonna want to test it. That being said, though, when you basically have that much volume come out, like inside the gold and silver equities, I love it when volume comes out before the swing because it's really hard to get that much volume at the swing when you're doing that. Let's go over to HUD, H-O-O-D, because yesterday we were talking about the aspect of paid for out of flow, that the SEC bottom line come out and said, hey, guess what, we're gonna look at it. You know, I was talking about the aspect of how many lobbyists would come out. Well, the lobbyists already came out of the woodwork overnight, folks, okay? This thing is not gonna... Pay for out of flow is not gonna stop. There's the amount of billions of dollars, okay, that are in this, okay? It's not gonna happen. This top article is saying that it continued to slide, even though it's up $0.06. After the U.S. Security Exchange Commission, Gary Gensler said a ban on full payment of out of flow is on the table. I don't care what table he has. I suspect you'll get the broken deal of community will break that table in half in about two seconds flat, because payment for out of flow will really stop paying attention to how many billions it is, but let me tell you something, man, it is so many billions, it's unbelievable, okay? And if you think that the broken deal of community and the banks are gonna stand still, no way, no way at all. So I suspect payment for out of flow is gonna stay out there. Now listen to this. This came out today, too. What's happening is that a couple of the banks have got together and they have a new system. And what the system is looking for, it's an exchange, okay? And what they're looking for right now, folks, what ends up happening is this, is that all equities have to trade at least penny-wide, okay? They can't go underneath that. What this system wants to do is that it wants permission from the SEC to go half-penny, okay? So instead of penny-spread, you can have a half-penny spread. The thing that's amazing about it is that they're claiming that we're all gonna save more money and all of this. The bottom line is that this is, to me, a total setup that the largest exchanges will actually make more money. And the reason being is this, is that depending on what kind of brokerage you're at, you can see that between where the decimal point is, you know, you're watching sometimes that we're getting something on the penny and then actually when you see the trade, it goes .0001, okay? The bottom line is that the large broker deal is that executing all the trades would love to see that happen because then the competition even gets heavier and the aspect of that autoflow and you can imagine that you and I we're not gonna worry about a half-penny, right? So the bottom line is that the bid and offer might be at a penny, but yet if they can go into a half-penny, all of a sudden that is extra juice inside their profit line in two seconds, man. I mean, it's pretty wild. The Dow right now is down 30, now it's 6-off 10. S&Ps are up 5. Stay right there, folks. We'll come right back. 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 text either. 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Primal Edge is powered by highly concentrated humic and fulvic acids. Nature's preferred delivery system. They've been called miracle molecules because, like sunlight, air, and water, without them life cannot exist. That's right, Ellen. They ensure we receive all the nutrition we need to be healthy and thrive. We take it every morning. Primal Edge, just $89 exclusively at TFNN.com. 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. Then hit Watch Tiger TV. Welcome back, folks. Oil. So, oil is trading at $68.51. And, you know, I mean, they're running into some resistance here, but I like the setup, man. The setup's telling me higher price is coming at us, man. You know, that's, you know, been the same place for three or four days. Yesterday, it's pushing with volume, $367,000 contracts. That's saying 73 bucks a game. That's how it looks. And you put that together. If I'm right on the doll, I mean the doll's going down to $89. Inflation's here. You're going to see that oil market go higher. You know, $6.00 moves Z. Bottom line is that, yeah, I think it's going to be higher. If we go, let's go to the OIH for a second and take a look at the OIH. This came to the bottom of its consolidation, goes higher. Yeah, see, OIH is pulling back with light volume today. This is, you know, we went topside with $874,000. You're low at $398,000. That's building costs for the next move up. And we do have to get by the $198,000, but the way the OIH is trading is that that baby, in fact, let me put it on a monthly right now. This would be cool. Let's see what this looks like. Oh, look at this. Oh, it's a nice setup, man. So watch this. You've got to put these on monthly now, folks. This is a nice setup, man. You have a monthly high on the OIH at $248,000. And we went up there with 28 million shares. And guess what? When we back down, you're back down with $18 million. The $18 million was going at the $17 million. That's a nice setup, man. This is saying you're going back to $248,000, and right now we're at $185,000, man. That is one big baby. And that also would be saying to me that, hey, guess what? Oil's going higher. My take, folks, inflation's here. And I don't think we have to be in the marketplace to understand how much prices are actually going up. If you hadn't seen it before, listen, I can understand. You know, I was just old enough in the 70s. I was 20, 21, you know, to try to understand it. But if anyone that the same age as me, 70, old or whatever, do you know the bottom line is that you know that every time you went to the grocery store, everything was more money. Tell them to come back and visit us tomorrow morning. Tommy kicked us off 9 o'clock in the morning. Well, go get them, folks.