 TFNN, headline news update. Hi everyone, this is Basel Chapman, sitting in for the 9am news report here, TFNN. The futures are now down 40, the S&P futures are down 6. What we're looking at is the Dow is bumping, you see the left side chart, the Dow is bumping into resistance in the daily chart. So I think there could be some kind of a consolidation here, but so far the technicals are still very strong. If you look at the S&P, same thing, bumping into technicals as it gets to the high of, let me just put this in, there we go. As we get to the 2891 area where it is, where it closed yesterday, now of course it's down a little bit because of the futures. But it needs to get into the 2905 area to really say, oops, I'm breaking out. Now I've done with the consolidation, the QQQ, the NDX is being affected by the semiconductors, semiconductors because of the Vagio, which is Broadcom, got SMAC last night, was down very sharply, down 26, and the semiconductors are down very sharply. They're down, SMH is down 3 at 102.23, but here you've got the QQQ down 97, so it is being affected somewhat by the semiconductor industry, but actually I'm impressed that it's holding quite as well as it is. The real story here of course is gold, and gold had a very big move, it was up 15 points at one stage, and now it's up 9 at 13.52, it's bumping into, if you look at my chart in the middle of the weekly chart, it's bumping to the left side, resistance that goes all the way back to February of this year in the 3061 area. The dollar is actually holding quite well, it's just not breaking down, and that's important. The dollar is up 14 at 97.19, I'd say that's pretty good action. So you've got to think of them separately. Gold I think, look, silver is not participating as well as gold. Gold is part of this fear factor, the geopolitical stuff, so that's important. And if you look at crude oil, crude oil at this stage is now up 9 cents, it's just not doing anything. Crude oil should in fact from yesterday's news be up in the 58th, it's at 52.36. So that says nothing to worry about right here. So we'll be looking at this, and remember the bonds, microinterpretation is the money flows when the market gets volatile, money tends to go from the equities into bonds and the bonds are up 14 ticks at 131.27 in the TLT, but it's only in a high level consolidation. It's not breaking out to the upside, it's more safety factor. Stay tuned for Larry Percevento coming out, trade what you see should be a fabulous show as always in trading and programming here all day. Have a wonderful weekend, Baselchap and signing off.