 Welcome back folks. Tommy O'Brien joined by Basil Chapman this morning. We got the DOWA.106 S&P's flat right now at 29.93 NASDAQ in the negative by about eight points. And let's go over to our man Jack Gleeson as we do every Thursday 40 past the hour. We should call it where in the world is Jack Gleeson segment. Jack Gleeson, good morning. What's happening? Good morning guys. I am in Chicago here today at my office. So nothing exciting this time. I always say we wait for you to be back in Costa Rica. Do you guys, you still got all your fingers and stuff? I know fireworks are legal down there in Florida. They're not legal up here. They're not legal. Man, the world changes and it seems so normal. Yes, I have all my fingers. Thank goodness. July 4th was good, but everyone survived. I believe Basil does as well. So what do they just have? You guys, sparklers and so forth. They got the innocent ones in Florida. Yeah, you know, like the things you throw them. Yeah, but we got them in Indiana. We got them in Wisconsin. I was actually up in Wisconsin for the fourth. Nice. So, you know, a couple mortars here and there. You know, just before we get in the market is crazy than in Florida, I believe. And I think we touched on last time, right? That it's something where you're almost signing that you're going to use them for a purpose of like hunting or ground removal on your, your, there's some loophole that they get into the ability to sell you the type of explosives for your, but nonetheless always be careful fireworks. So what are we looking at in the market today, Jackman? We got a lot going on in terms of. Oh yeah. I mean, gosh, I mean, a little slow on the indexes here. So with this type, I mean, you know, Powell's on the mic today. I am not looking to do, I mean, I'd probably want to play the short side here today. I'm just trying to look for like a decent trend goals coming nicely off the tie. Oil was the really the big mover yesterday. You had that inventory draw that was pretty steep. Sure. Nine plus million barrels. Yeah. Yeah. Nine plus million barrels. I'm looking at a 59 70 pullback in oil right now. I'd like to trade that 59 70 level and then I got a level at 60 11. So I mean, those are obviously just, you know, most primarily a day trader. So those are shorter timeframe levels that I'll be looking for some bounces off of. We'll see if the S&P can get down to yesterday's lows. I'm looking at 90 quarter and then 94 quarter for the S&P. But man, we're really having a tough time fully cracking that 3000 level 27,000 for the first time in history in the Dow here today. So that's a 27,000 hat over there. Not yet. I know we ordered it on Amazon. It's supposed to be here in two hours. Well, we'll get it seriously. No, not yet. I believe it. I mean, they deliver half the things I order in two hours on Amazon. I mean, do you guys got whole foods by you down? We do. And we're actually lucky in Tampa. I'm not sure about Boston up by Basil, but Tampa has a big hub. Okay, nice. So yeah, I'm sure. And but Tampa is a big hub as well. So we get a lot of early roll out in terms of one of the, you know, when they started doing same day delivery, Tampa was one of the first markets when they started expanding it because they have a big hub. So we got a lot. We get we get some good action in terms of what they put out. Interestingly enough, I saw a tweet from Bezos. It was either a tweet. Maybe it was on Instagram. One of his accounts, I follow him. And he was saying how he binge watched Stranger Things 3. We're jumping around. But that, of course, on Netflix. And I said, man, that's, that's interesting that, you know, he's basically out there saying, and then I started thinking about, well, if Jeff Bezos couldn't comment on anything that Amazon competed with, he probably couldn't talk about almost like anything in the world because they compete with almost everything, you know, in terms of Microsoft, Netflix, HBO, what could you compete with, you know, talk about. So he's, he's resigned to the fact that everybody says competition and he's not afraid of touting them when he still comes at it. I thought it was interesting because I don't think you'd ever see Reed Hastings from Netflix talking about binge watching an Amazon Prime show, right? Yeah, that's for sure. I mean, he's taken on the world pharmacies, you know, I mean, I just hope he takes on healthcare, you know, for the sake of all of us. And I think they are with that venture they're doing with Berkshire, right? So I'm sure they got plenty. Berkshire with JP Morgan and on that too. Yes, right. Thank you. All right. So what about Goldjack? We had some action in Gold and they're always looking, we ran up again last night. Right now, basically like my upside targets on this on this daily move. I mean, I don't have on this computer, I don't have my charts loaded code so I can't share my screen, but I have the gold chart up here. Go for it. Okay, cool. So the I'm looking for like the next run up, if we can get a breakout actually to head up to like 1465 is going to be my profit target. And then my major levels that are just below as general supports, you got the halfway back for the week. So below the week to the high of the week divided by two is 1408 1408 half. That could possibly come into play today. We're not far from those levels about four points. And then we have a couple of bigger levels. I'm watching 1407.3. And then 1396 is really the level I want to see us consistently stay above 1396. If we do get a couple, you know, if we start losing 1396 and build some momentum below that, I would probably pull play a breakdown of like 30 points at least. I really think it's important to hold that level moving forward. So that's really my crucial support level that 1396 marked it up. I have alerts set there. And then today I am going to be looking for a day trader on that 1408 half level, which like I said, that's the low of that's was that Tuesday, which was the low of the week to current highs 1408 half. But yeah, fantastic run yesterday, you know, reversing half of it. And if you look at an hourly chart that 1408 half that 50% for the week is really where we consolidated and then caught that second leg of the bid out. So it's like to line up my Fibonacci sequences with just general support and resistance levels that other traders might be looking at. And that's that 1408 half. Nice. And, and how about oil? Because we talked about oil quite a run yesterday, man, and continuing kind of that credit that run all the way. I mean, we're sitting almost at that highs mean it's a 6094, but we're sitting sitting 6042 right now. Yep. So, right now I'm looking at 6011. And then there was like what I call an extension sequence was this a really aggressive bid sequence. The current Fib draw I would look at it would be the actual high of Monday. So that's 5846 drawn to the high. And that 50% retracement brings us back to 5970. And that's 5970 being the most significant level that I'm going to be looking for in oil here today. Okay. Yeah, we'll see. I mean, it's amazing, the volatility we've gotten in oil in gold. And it makes sense, I guess, when you look at oil has its own deal in terms of just last night, right? We had Iran and British Navy in terms of a ship getting attacked. Pretty interesting that that stuff keeps coming to life. I saw Iran, I denied that they did that. I don't know. Yeah. And there's a lot of rhetoric out there in terms of not who to believe, but there's a lot, you know, it's uncertainty, I think, which is remarkable that it hasn't like another captain Phillips type movie with Tom Hanks as you getting ready, he's getting ready. That was a good one. Yeah, playing the role, playing the role. What do you guys got on your radar any anything specific any markets you guys are really liking commodity wise? I've been paid to I know, uh, corn's been on a big, big run. You know, I had asked you about really what I look at, which is the gold and the oil man, they move, they've moved so much recently to in terms of the volatility gold itself. That was a nice bounce. You start getting under. And I think I had, I had played with even you talk about the Fibonacci's Jack and I think I had pulled it up. I talked with it on Basil. I think one of the earlier shows, you know, just going from the run that it started in the late May, a 38% retracement is 1378. So this is kind of a healthy area. But if you start backing down to there, I might be a little bit worried. And that's a little bit longer timeframe, but you know, the run has just been. Well, Jack, we appreciate the update, man. As always, you have a great week, man. And we look forward to talking to you next Thursday. Take care, guys. Have a good one. Okay, man. Folks, Basil and I are going to be coming back in three minutes. Come on back and join us.