 The following is a presentation of TFNN Trade what you see With Larry Pezzavento All now toll-free at 1-877-927-6648 or internationally at 727-873-7618 Now Larry Pezzavento Okay, looking good Billy Ray feeling good. Loose. I believe we have all-star charts is star boy on the line mr JC parents How you doing a man still living the dream baby on the green side of the grass it I'm an eight and a quarter furlongs and a one-mile race, so I'm doing pretty good Hey, tell us what you're looking at today, buddy with all this volatility. We're seeing Well, you know, it's a it's been a good time to sell volatility is really what we've been doing You know when the volatility spikes, you know, we put on different option strategies to capture that You know, there are people getting chopped up a lot of traders getting chopped up in this ranging mass and really what they're doing Particularly on the option side is giving donations Larry. Can you imagine that? Yeah, I really like to be on the other side of that We look at it as you know cash laying there over on the sidewalk You can either go pick it up or not we we choose to That's a good idea. There's an old adage. It's your Chicago mercantile exchange buying when they're crying and selling when they're yelling So you're doing the right thing any particular thing that you really like JC That's one of the questions we had from one of our listeners this morning. Yeah, you know financials hanging in there Okay with interest rates doing what they're doing. I don't know if you guys can see the charts Are you able to see this Larry at all? Yeah, we certainly are so go right ahead. Yep We're yeah, you know look at look at the XL laugh. Those are the financials key Fibonacci extension level You may have heard of this fellow Leonardo Fibonacci Larry Have you not of the piece of finaccia? I went to school with him in the third grade then I transferred. I bet you did I used to pound beers with him back in the day in my So, you know really hanging in there tunnel relative strength the types of stocks Larry to do well when interest rates are rising Historically things like financials things like energy Look at the look at the stick that energy put in last week. Boom. Yeah, you know new multi-year highs and energy stocks So yeah stock markets really cooperating with what the bond markets doing and if that's gonna remain the case You know, I continue to like financials, you know, look at the Dow Jones composite index Here you're looking at the 30 stocks in the Dow industrials the 20 stocks in the transports and 15 in the old Utilities so 65 stocks hanging in there where they need to hang in so here's the trade I like Morgan Stanley coming out of a 20-year base Larry if you're above those 2000 highs I think you own it they keep raising their dividends every year again Well-defined risk because if you're not above those 2000 highs all bets are off but above that I like the relative strength and financials No doubt they're run by a really good guy Jim Gorman I had dinner with him a few times and he's a really sharp dude. It really loves his company. I'll tell you that that's his That's his lifeblood. We have one other question for one of our listeners and in the game plan of what you're looking at The energy complex still looks pretty bullish as far as oil and energy and everything like that You know with a stick like that putting in an outside reversal week Within an ongoing uptrend, you know, there's sure can oil peak this afternoon and energy stocks get slaughtered Anything can happen, but there's just no evidence of that yet So we're sticking with our hundred dollar oil call and you know, you and I we've been doing this a while Larry You maybe a couple more years than me, but if oil's going to a hundred is probably going to 110 Well, if it gets above 101, it's certainly go to 110. There's no question about that 84 on oil it's above that I think find below that things get hairy How do the folks reach you to get some more information about all-star charts? You want to tell them how to do that? Yeah, I'm easy to find you go to all-star charts calm You know find me on Twitter at all-star charts stock to its Instagram YouTube Slash all-star charts like I said, I'm easy to find my DMs are open shoot me an email info at all-star charts comms Hey, what's up? That sounds easy and if you miss that folks just go to any post office is pictures right there on the bulletin board You can't miss it. Hey listen pal. I really appreciate you being on and I tell you if I could buy stock in you I would We got you got by leaps Larry by Your age you'd have to anyway listen to you buddy I listen I want to have you back on again soon So thank you for joining us today. We really appreciate it. No doubt about it. Enjoy your week. Thank you so much ladies and gentlemen Okay, folks. That was JC Parrots of all-star charts. I'll tell you he is one of the sharpest fine young men I've met in this business in a long time The only one before him was about ten years ago or eight years ago with Shane Smollion He was right on the money. Let's take a quick look here at the German Dax I posted that up so we folks so we can take a look at it today's show is going to be about numbers folks So stay tuned we're gonna do some charts, but we're gonna do some numbers And we're gonna have a little question-and-answer thing going on here But you can see this is the footsie that we're looking at right now We had a pretty big really nice a butterfly pattern Up there. We had the break you can see that retracement stopped exactly at the 61 and 78 percent level That gave a really strong rally up here and we're in the midst of a of a consolidation actually what it looks like They just had a meeting over in the British at the British Pound Place over there UK Sorry about that and it was I guess well received because the the folks were clapping and screaming I mean they they make a lot of noise over there when they're voting folks, you know That's absolutely for sure now. I want to start with a little bit of a different mode today folks You know these markets are run by numbers. It's just like let me give you a hold on one second I need to take a small drink of water There's no difference between the stock market And the betting that they do in the gambling folks that there is absolutely no difference These these people that put the lines out if you follow how the put lines are how they put the lines up It's very seldom that these numbers go outside of those lines and that's how they make their money They make in a spread of anywhere between 5 and 10 percent on any bet which is a you know an absolute lock on it But if you look at any of those football games eight of them that were played to get down to the last two teams I mean I think every single game with the exception of one came within within just a hairs Of the exact betting line. I mean that's incredible and when they land they put the line out at three and a half And you don't have that half point you're you're in big trouble And that's how they make their money and that's how these stock market things folks Let me let me give you a quick example It's happening right now as we get up here and take a look at this I want to show you right now. This is the the last several days I'm using the wild one because that's the fun. I could use the Dow. I could use the other this is that this is the Nasdaq and as you can see here over these last few days here, we're going back here to the 24th Here we are out on the 30th 30 30 31st by the way today is New Year's Eve in China The Chinese New Year's start tomorrow the year of the tiger and I can hear Tommy O'Brien growling right now You can see the mean right here and you can see the standard deviations on the bottom. Well, guess what? We are folks. We are within a hair's breath. I think it's one four 147 I forget the exact number, but we're right there on this number that we're looking at here. I Think it's one four 147 50 is the exact number that I'm looking at today. So watch that number in the Nasdaq That's going to be a very interesting. Yes. Thank you very much. Well gong. Hey Fatso You lazy dialogue that means good luck to you in the new year But the only three or four words that I know in Chinese So let's get let's get back to the number of situation folks Well, let me explain to you what I'm looking at I'm gonna put up a chart here now and it's gonna be an interesting one because I'm gonna take a break Hey, we'll be right back eight seven seven nine two seven six six four eight 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 Basil Chapman creator of the trading methodology known as the Chapman wave the Chapman wave Updown sequence gives you an edge in identifying price turns finding the peaks and valleys and stock prices get the opening call newsletter By Basil 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 What's separating you from the most successful men and women on Wall Street? That's right Information having all the information gives us the perspective We need to place the right trades at the right time the test profile scanner is the premier market profile base scanner Powered by its acclaimed test proprietary algorithms this feature rich scanner instantly filters over 2,500 plus global financial markets such as stocks ETFs commodities futures and forex This powerful suite of tools Leverages instant trade filtering and strategy formulation to show you emerging trades Before they happen for a limited time you can save $100 off your first month by using the promo code Upgrade and you still get a 30-day money back guarantee So you have nothing to risk Level the playing field with the test profile scanner which you can find under the services tab at tfnn.com Sign up today 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 and 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 All now toll-free at 1-877-927-6648 internationally at 727-873-7618 Okay, folks. I posted a chart of the natural gas, okay now I you know, I try to give you as much information as I can but you know These markets jump around so much. You're not able to but I saw something today that I thought was relatively important Because it related to these sequence of numbers that we deal with all the time We are fighting against these algorithmic traders out there folks I'll go up and I'll go down and I can tell you this with 100% Certainty that they are using the numbers of the Fibonacci sequence or other numbers of sacred geometry How do I know that because I see it happen over to over and over again? And it can be proved by looking at the standard deviation of the options players The options players are about eight times the volume or more we sometimes we don't even know how much more But there that's where the real play is is in those option markets And as you heard JC there when they're dropping things like a VIX index and stuff or running it up You know, they're selling premium and that's exactly what they do in the markets They extend them up and they extend them down and if you don't believe that you just practice it a little bit And you'll see today's a perfect example of that on the downside We had the same thing happen and we're now we're heading to the upside But I want to talk to you about the natural gas because the same the same principle is in here that they're using You'll notice that the natural gas had a huge move Last night it gapped way up in the air and then it came down and I marked it there that it was right at the At the 50% I'm right right at the 50% retracement I believe and I had a big wide-ranging bar down now I I posted on that I said that this is it filled the gap, but it's not bullish There's anybody want I know this user they're driving the car at home You don't get to see it. Well, you should see it But if you have any idea for the guys in the den here why that was not a bullish number That we had a natural gas on that pullback. You want to take a guess I'm going to show you in just a minute, but oh my gosh look at all the answers coming in here and they're all correct The reason is That was a very very wide-ranging bar that came in at that time that in itself should tell you that You know, you're probably not going to make any money on that and look what happened here You'll take a look at it. I'll bring it up and show you there you are you'll see You see the gap was filled that has a little tiny rally off of that 50% retracement and then by the bing by the boom down she goes and you know, it's continued to go lower We're almost unchanged where our unchanged on the day right now So that energy complex is beginning to look really really interesting. We're having good swings in the crude oil folks $2 a barrel is no big deal. It's you know, you know for two grand a contract That's equivalent to about 40 handles Yeah in the S&P so we're seeing a lot of these things happening right now But in the stock market, we are following along what we thought was going to happen all along It just didn't happen on Friday. It might happen Monday. It might happen Tuesday I don't know but it's still doing exactly what we think it's going to do We're in the midst of a five to six day rally in stocks. That's going to end very badly however, and I I strongly urge you if you don't get the The newsletter is to look at the charts that are there because there's some incredible ones as far as what the market actually did Let's just just just take a look at the Russell folks because we know I don't ever trade Well, not ever but almost never trade the Russell, but I want to get this up here to show you You know where we are let's get this up here and you'll be able to see it right here Now this is the Russell and you'll notice here. We made a perfect 50% retracement on the Russell As you can see here now that big dark line there that big red line that equals the one back in in February of 2020 You can see them both. They're exactly equal. So there's a possibility we could get there But look at the ABCD pattern on the weekly chart Exactly at the 50. I think I missed about one point 50% retracement in the Russell. So we should be expecting a rally in the Russell and that's exactly what we're getting Do you remember Friday when we had the show? We talked about the fang stocks and all made those ABCD patterns even even Russell Russell Even the Apple did down at the You know the 158 level and that took off, you know that that just exploded to the upside with that earnings things But that's why your your your rallies coming in and and I will say this now if this market continues to rally today And we get a move above You know up like upset about 90 to 100 handles in the S&P. We get above that four in the futures market around 40 4470 somewhere in that ballpark this thing could rally for four or five more days, but it It doesn't make any difference folks because the guy with that sickle is right behind it we're looking at one really bearish market and I just can't you know Tell you enough that that's what's happening. I want to show you the Same thing here if you'll look here because this is still valid here is the E-mini Dow Jones over the last five days that we were looking for the high to come in right around 3 4 7 5 3 Go go check your figures and see where it came in folks. I don't know what's trading now But that was the high so that's nothing more than another ABCD Now this all this does not work unless it starts to roll over and goes lower and that's what you're looking at I'm not looking at anything other than numbers. That's what got me here, and I'm not going to change the program No matter what I've had several questions about the US dollar how much time we got two minutes in this section I can quickly take take a look at the Euro because the Euro came in today Incredibly oversold and we were expecting a small rally in the Euro, and that's what we've got so far But the Euro is heading down after we get this rally. We've been down I think we've only had one up one up day in the last 13 days, so it's extremely oversold but very very bearish 3 4 7 no 3 4 7 2 yep. I did I did miss it, bro I thought it was going to be 3 4 7 1 4 shut the front door. Well forget about this though I'm going back to my Oscillator days and we're going to use my extended oscillating oscillator where I take four moving averages And I can pair them with some other things folks moving averages work if you know how to use them I watch Basil Chapman. He's a magician at it. So is Steve Rhodes. I don't do that. I believe in a BCD I believe that I can make my money by looking at point D Sometimes I get whacked sometimes I don't but you know, that's the name for the business You know that I tell you a funny joke. This was a I think I have enough time This is a rabbi. He was complaining to the other rabbi. He says, you know, I just never play I want to win the lottery all the time And you know these all these numbers I see him come up and everything and nothing ever happens and I don't know Why why is God so tough with me and his other rabbi said Maury Maury? You've got to buy a ticket and that's what you're doing when you're trading folks You put a number on and you either go with it or you don't you have to believe in what you're doing I've been doing this a long time folks and As you can see, you know, we've we've had some really good winners. We have some losers along the way We don't have any really big losers because that's the guy You got to watch behind you is the one you make the mistake on The first mistake teaches you the second mistake kills and that's the one you want to remember that second mistake Don't make that second mistake. You remember Warren Buffett's rules, you know What was it never? I can't remember what the first one is I've lost. I know the second one is don't violate rule number two, but I can't remember what oh Rule number one never lose any money rule number two never break rule number one Well, you're gonna have losses along the way. So that's sort of a oxymoron But that's what it is But you're gonna have it keep your losses small and keep your chips to your vest. You'll be fine 877-927-6648 Are you having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas with Become an apex predator in the trading markets and join the Tiger's Den trading room only at tfnn.com The Tiger's Den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas Join the den and surround yourself with the sharpest minds in the trading world Subscribers to the Tiger's Den are also the first to have their questions answered live on air and can privately chat with our tfnn hosts live during their shows Interact with other Tigers and Tigers as they share trading ideas news analysis and discuss the market action all trading day Subscribe to the Tiger's Den risk-free with our 30-day money back guarantee and become part of the tfnn trading community tfnn educating investors You could be making money off the stock market and if you're already making money off the stock market You could be making a lot more check out tfnn and Tiger TV and get expert investing advice to give you the power to control your Financial future go to tfnn.com and find the newsletter for you whether you're into trading gold Metals futures currencies or options you'll get advice and analysis to help you seriously get ahead tfnn also features trading services with a 30-day money back guarantee for new subscribers as well as tfnn's Tiger Den trading room trading software and educational webinars for all trading levels and make sure you check out Tiger TV for free on tfnn.com or tfnn's YouTube channel for live financial content from 8 30 a.m. To 4 p.m. Eastern on market days stop watching on the sidelines while other people get rich and become the investor You were born to be tfnn educating investors tfnn is excited about our new software charting program the art of timing the trade charts in Collaboration with Tom O'Brien and using his best-selling book the art of timing the trade your ultimate trading mastery system David White has programmed an outstanding piece of software that will complement any trader's methodology Using this first-of-its-kind program the art of timing the trade charts allows you to scan thousands of stocks for Fibonacci Formation setups including Gartley's ABC's butterflies and much more the art of timing the trade charts is designed to help you when Scouring the markets for stocks just beginning to form the trading patterns that many investors spend days weeks or even months Searching to find and right now. We're offering licenses available at only $79 a month. We are so confident that you're gonna love this new charting software that will even give you a 30-day Unconditional money-back guarantee don't miss out on this incredible new piece of software Get your copy of the art of timing the trade charts today by visiting tfnn.com 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 Okay, we're back folks. I posted the chart going back to 2020 when we had the COVID experience you see the big drop we had and I think we're here right now. That's what we're seeing. We've seen the first part of the drop We're now in the midst of this five six seven a eight-day rally I don't know where it's going to stop, but maybe it was today We had some ABCDs there, but that's what I'm looking at and then more to the downside That's that's what I'm watching. You know if we're really strong this week today tomorrow then I have to reconsider because we hit some major numbers in the Market here if you'll look at I think one of the most amazing ones here was the Nasdaq Because it was pretty much right on here. You've got the boat, you know, if you look at the COVID thing You'll be able to see it here. The first red box there was the COVID. You see there back in October That's what it did and we did exactly the same amount I mean think these things don't repeat shut the front door and raise the rent if this doesn't You know what your whistle nothing does now you had the bottom Friday in the Nasdaq You had a beautiful 50% retracement off the low that we made in August Okay, that completes the ABCD up there at the 1.618 So now we're having this rally and it should be anywhere between a five-day and an eight-day rally And if it goes beyond eight days You know, we'll see what happens, but it's very important day-to-day because if we close lower today And it now is acting a little weaker than the rest of it I don't mean very much if you if they if we do close lower today or tomorrow that would trigger that yes Maybe this is the second day down, but a lot of things have happened. It's going to be very interesting to see how these things See what's going on. Okay? Let's let's look on here. We're other things that we're watching here today is the Crude all market that we had some nice moves and crude all been up to that the 88th and change level It like JC said if we close above 90 we could easily go to 100 and we close above 100 We can go to 110. I don't think that's going to happen because to me It looks like that the crude all market is making, you know, some type of a top in here And you know, that's why I'm watching it so doggone closely And if you look at gasoline and all the others it's doing, you know, pretty much the same thing I'll get the crude up so you can take a look at it here But this is interesting here if you like time and price and you like AB equals CD Let's just take a look at this. This is the crude old chart on a daily basis looking at March crude Now you can see the time between A and B and the time between C and D. Yes where that comes in boys and girls That comes in tomorrow So let's see if it means any excuse me on the third that would be Thursday, but it's it the the completion of the ABC that pattern is now complete that is it's made the AB equals CD It hasn't made it in time the time sequence between the 23rd of August and the 25th of October ends on Thursday That'll be the 3rd of February so that's a very important one to watch because hey look, I'm just looking at numbers I know the news, you know, all this other stuff about Whatever those countries are Ukraine. Hi fact Tom who guard and I were in Ukraine We were in Kiev five years ago We gave a seminar and I'll tell you I was really excited a lot of people there many of them couldn't speak English But there was interpreters, but there's a lot more than more than 80% did speak English But you know the highlight of that trip was people would come up to me and tell me how much they enjoyed to show TfN in this is Kiev, Ukraine folks on the other side of the world Their their their habits are really different than ours first of all they smoke these you print cigarettes and kill you But they don't start eating dinner supper till right 9 30 at night Tom and I went to a restaurant real early around 5 30 There was nobody there and we thought it was you know one of the you know what really just a bad restaurant But what it was it was one of the best in fact it has the largest selection of whiskies In the world they have thousands of different kinds of whisky and we neither one of us drink But we had a really nice dinner we finished around 7 o'clock There was still nobody there and then we we walked back to the hotel and we asked the question and you know They said well, we don't eat here till after 8 39 o'clock and that's when they fill up the restaurant So we different me if I don't finish by 5 o'clock. I'm a zombie Okay, let's move on someone asked a question about my life in the Westlake village when I was there I have to work this in because what I want to tell you is a story about the football betting and stuff I've had three professional betters over the years as students and I'm still in contact with one of them the other two have passed away But all they're looking for is an edge two of them used to do it In horse racing they would bet on the 7th 8th and 9th races at the major tracks And the reason why is the track takes a 16% you know Hickey in other words That's what your your big is when you make the bet they take 16 and a half percent right off the top So what they did was they would look for horses that were very very good horses the favorites And at the last part of the races the races 7th like 8 9 and 10 The people that are losing start betting on long shots And that means that the favorites get missed in the betting and they get better prices and they would bet to show They knew that betting on a favorite in the 7th 8th and 9th races wins about 80% of the time Okay, now if they bet to show that means it has to finish third and All they do that now what happens is when you get to that 8th race if everybody's losing they start betting on long shots That means the price that the favorite is supposed to be let's say he's supposed to be five to two all of a sudden He's no longer five to two. He's five to one and maybe even you know six to one So he's payoff and show is going to be huge and folks I watched him in fact when I go to the track That's what I try to do. I use that strategies watch the betting action Because you got to follow the money that tote board is just like what we're doing in these commodities and stocks and stuff like that It's giving you a picture of what you're looking at now that goes back to my next story. Hold on one second here It's a story why I don't bet football It's 1978 I'm working as a broke Drexel broker and I believe me. I've got lots of clients lots of coin dealers You know golden server was my thing We made a lot of money in the first part of the run here between 76 and 78 We were smoking and I was betting a hundred bucks a game on three games probably I was been five six hundred a day Five or six hundred over the weekend on the games and I kept really good records and by golly at the end of the first Year, I was breaking into the second year was plus or minus a couple hundred bucks the third year I was plus or minus two or three hundred bucks and then Bob Gill million and Leroy Linhardt There's two coin dealers that I do what they said Why don't we just book the bets of all these other coin dealers because they were using the same bookie and we we figured out We had a new bookie we could tell them that's what we did We start booking the bets and we started making money not a lot of money, but we were making some money So that's what we did, but how much time do I have I covered that at the end of thing But anyway, the reason why it's all related to numbers folks. I don't like to watch football games I quit liking football games back in 1978. I'll tell you that story I'll tell you the story right now and how they ended but I was watching Nebraska against Oklahoma 1978 and I had the game one I had two hundred dollars on Nebraska and Oklahoma had the ball in the 40 yard line with three seconds to go I think it was something like that and they called this trick played called the Missouri flea flicker where the quarterback takes the ball throws it to the half back the half back throws it back to the Quarterback the quarterback hands it off to the other half back and nobody's watching and he runs down to the Story to the end zone and scores his name was Elvis peacock and I went nuts I mean, I couldn't believe that I lost that bet and I'll tell you there the sequel to this You've heard it before but you're gonna hear it again. I'll be right back eight seven seven nine two seven six six four eight 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 seven two seven three two nine eighty three twenty two or email us at tiger at TFNN.com that seven two seven three two nine eighty three twenty two 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 thirty seven dollars and fifty 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 Are China a shares hot or not if you trade China a shares now may be time to take a closer look trade CHAU or CHAD Directions daily CSI 300 China a share bull and bear ETFs China a shares in either direction Visit direction investments comm 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 eight six six four seven six seven five two three 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 Don't forget you can listen to TFNN live on your mobile device 24 hours per day Go to TFNN.com then hit watch Tiger TV. That's TFNN.com then hit watch Tiger TV Okay, I'm back folks. I'll finish the story. It was Westlake Village football game was on I got very upset Said some bad things my little daughter I used to send in my chair on Saturday and get the commodity perspective charts I had a little desk there on top of my My big lazy boy and I was doing the charts and she came up to me She's dead. Can I sit on your lap and I said sure she's about these things She was six and she said dad how much money do you have bet on this football game? And I said two hundred dollars. She said is that a lot of money dad and I said no any That's not a lot of money at all. She says dad Why do you get so excited and say such bad words? She says you don't do that She says only during a football game. She says dad. I'm worried about you I think you're going to have a heart attack and I said layer and I said did your mother put you up to this She said no dad. She says it's me. She said I really am worried I never bet on a football game after that until two weeks ago. I called her and said this is a mortal lock I have to bet a hundred dollars on Buffalo. She said dad. She says you're you're older now She says you could do whatever you want And so I did make that bet on the football game and I didn't even watch it because I don't enjoy it And so I did one of the hundred bucks and I gave I gave the money away to somebody that was in much more need of it To me but anyway, that's why I don't bet on the football game So when you're betting on these games folks if you do bet you better know what you're doing because these guys They are not stupid and they are bringing it to you folks It's now available on the old spin available on the internet for a long time But here in our little town here. We have three casinos here in Tucson. They all have sports betting They started it about three weeks ago and it's going gangbusters So boy, you're playing a game there that you better be really smart with because they're playing numbers Just like we do here in the market. There's absolutely no difference at all. There really isn't Okay, let's get back to the markets. I know you don't like to hear these stories, but by golly Here's where we're here's what we're here's my opinion of what we're doing in the stock market today folks This is the Dow Jones industrial average here You'll see here that we're in the midst of this ABCD swing I looks like we're going to make the 50% level here in the Dow Jones up around 3505 to I don't know what the highs been today if someone want to wants to let me know that I would certainly like to know because the Somebody let me know what the high in the Dow is today because right around that 35,000 level The 34 the 382 comes in at 346 and I think we're above that because we're above Friday's high by a little bit But around 35,000 and 100 is is it what's been the high of the Dow Jones industrial average? There we go 30 if that's all it is. Wow, that's a that's a lot lower than I thought it would be Anyway, I think that's what's going on and then we're going to have another another leg down the volatility folks and all these things is going to increase a Lot so get ready for that. That's going to be something really interesting So here's here's what I wanted to to show you last night here This is what happened in the in the Dow Jones e-mini and you'll notice those highs there between the 26th and 27th and the 30th That's around at 34,700 and that went up again back and hit that again later this morning after the Sunday night high It took it out by about 10 cents So if we close above that if we close above 34,700 in that dowie mini that means that we got a chance For something better, but you know, it's facing some real serious Trouble up in this in my opinion because we're in the this is the seventh day of a rally I know it's hard to believe but that's what's been happening It's been so doggone quiet that you don't even see it But that's what's going on and of course that's my opinion only so remind yourself of that. Okay now For 34,000 34 844 not not in the dowie mini No, no, no, no, no unless my date is wrong and I don't think it's wrong Well, I'll double check it But I certainly don't think that know that high has been up there in that 347 range We're 3463 now and the number in that s&p is 4460 30 I believe we get above that then there's going to be some be some fireworks I think so let's remind ourselves of that also. Okay, let's move on to a couple other things I want to go to the Hangs thing index because we had a real interesting day here. This is the weekly chart of the hangs thing Looks terribly bullish Tomorrow is New Year's Eve or today's New Year's Eve tomorrow They're going to be closed for three or four days over there in Hong Kong a whole week in China You notice the big down move last week. Well, they've reversed most of that this morning For absolutely, you know, they just started going higher and there doesn't need a reason. They just went back up there so that three drive to a bottom pattern is still valid as long as we don't go below that this still looks bullish and that's what we're looking at here with the Hangs thing index over in Hong Kong. I don't trade this at all I never have but I do look at it because we have so many friends relatives We have relatives over there along with you know some student or a lot of students And so that's why I I keep an eye and the patterns are pretty much the same They're not really any difference of that. Can someone tell me what the high of the Dow Jones industrial average is? Today or where it is right now the average itself I in DX, you know, that's what I'd like to do I I'm doing the YM and that sells at a discount to that I don't have the screen share So I don't know what that what that means but if someone would do that and they're not giving me any help Which is not a big problem because oh by the way, if you have any phone calls today and Al told me that it was just too late He was just overloaded with calls. So again, we'll have to be Reaching out to you tomorrow to get the information that you need. I don't have a guess for tomorrow I don't believe but Maybe I do I can't even see it from over there Nope, I don't think so Well, well, whatever we do 34764, thank you very much flip. I hope you do like flip Wilson because I certainly like it That Geraldine was one of the greatest skits. I've ever seen. Oh my god. I love that stuff Okay, let's move over here and we'll get to a couple others that we need to watch And we did that we did the hang sing I've already did the NASDAQ when I'll do it again because we're right up here in this area here with the NASDAQ You'll see the ABCD that's there. It gets anything above that 14800 that's the old high from way back on the 23rd that tells us this going to go a lot higher It's still got a lot of gas in the tank here folks because it's still running pretty good That's a good sign for the bulls, but any turn down any of these days here You've got to be really careful now moving on to one of the favorite stocks of everybody And that is something that we said was going to happen a long time ago that we were going to make this ABCD In the Apple down there at 1810 the low was I think 1799 91 or 791 or something like that and we're quite a bit higher than that But that was a perfect ABCD. It wasn't perfect in time, but it was perfect in price Stopping right at the 61% retracement of the lows they made last spring So that's a big ABCD. This market's got to come out of here like a rocket and any any movement below 800 now in Tesla is not going to be bullish. So that's the main thing I don't even I what was the last price on Tesla. Someone want to tell me that because 800s where the ABCD completed that was back on the 25th So it's been one two three days since then so Apple I mean, I would think let's see 40 should be trading about 860. Wow 1910 that's good. It's moving. That's what you want to see. It's moved $100 already folks That's more than 10% 11% that's exactly what you want to see happening. Hey, we'll be right back 877 9276648 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 and 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 in disease Selective stocks and commodities Subscribe to the opening call newsletter at TFNN.com The opening call newsletter is written by Basil 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 in stock prices Get the opening call newsletter by Basil Chapman in 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 secured investment which pays you on a monthly basis the target first mortgage program maybe the program for you The best rate on a five-year CD in the country right now according to bankrate.com is paying 1% per year or $1,000 per 100,000 invested the target first mortgage program pays 7% per year paid monthly on secured high value Bilbo properties in st. Petersburg, Florida. The investment is for four years paying 7% per year or $7,000 per 100,000 invested your investment is secured by high value real estate in st. Petersburg, Florida Your investment can be anywhere from 100,000 to 500,000 You want to make 1000 per year on 100,000 dollars invested or 7,000 per year on a secured Tiger first mortgage The Tiger first mortgage program may be just the program for you The Tiger first mortgage program pays 7% per year paid monthly For more information you can call 877-518-9190. That's 877-518-9190 Well folks we just reached those numbers we were talking about in the S&P 4469 we're not traded in 4470. We made the number in the Nasdaq at 14,770 that was a number we were waiting there for so those are the numbers we close them up there folks We're probably going to go higher for a few days, but we got a few hours left in the trading So keep an eye on what's going on. I'll have a guess for tomorrow I'm not sure who it's going to be yet I think we're ready for stand Harley again, but I'll double check to make sure that he has time But those are the main things that keep your mind that folks at the treasury bonds and treasury notes Still looking very bearish on the charts nothing any different in those so we've got a listener here Maybe there's a caller coming in here Jamie Lee Curtis will be our guest tomorrow Al said so hey by the way, I actually know Jamie Lee She was a neighbor of Jay cross and she's really a nice girl just Just unbelievably nice just Just really sweet. Are you never know that she was a movie star. She's so bubbly and just very very smart Oh my goodness. She's just and she does she doesn't act much anymore because she doesn't like the acting business But that I can understand that that's for sure All right, let's move on here and tell you the folks that keep in mind here. The clothes is very important here folks We need to close strongly and if we do then you know, we're going to have more of a rally We're in the sixth or seventh day of this rally how much higher it's going to go is it anybody's guess But the clothes of course is going to be very important That's another thing by the way We had this big move in soybeans that broke out above the highs here We got all the way up to 14 dollar $14 and 92 cents a bushel And they were having wild swings today and those they've dropped 30 cents and in rally back 25 cents So volatility is here to stay in all of these things. So remember the number here in the YM it was 34,000 714 we're now at 34,000 729 So that's another one to pay attention to but for S&P closes above 44 4466 that would be a sign that we're probably going to be going higher for the next few days would be my guess But the close today is very very important So live every day in an attitude of gratitude and make God bless and we'll see you on the flip side tomorrow