 Cheers. 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 Eddie and Bokarton. Hey Eddie, what's going on? Hey Tom, how are you man? I'm doing great man, yourself? Good, good. It is a treasure to have TFNN every hour during the trading day to be there to help you to guide you and even to give you some peace of mind or like that somebody else is there with you while you're trading this crazy market. These are up or down. Well listen, we appreciate you growling and prowling us out here because we wouldn't be out here folks if we didn't have all you guys, gals, tigers and tigers as clients and you know the market teaches you every single day man. Now, Tom O'Brien. Welcome folks. This is Tom O'Brien of TFNN. We have five days a week. We go seven hours a day. We go 24 hours a day on the internet at TFNN.com. Always remember folks, whatever you think about, you bring about whatever. You focus on growth. Hope everyone's having a great day, safe day. Make it a great night folks. Love is responsible for its actions. Everything you think, everything you do as a consequence. And you're going to experience the consequences of the actions in one way or another. All human beings are completely responsible for the actions even if they don't want to be. Make it a wise. Let's take a look at it out here. We have the Dow Industries down $5.94. NASDAQ off $371. S&Ps off $89. Gold contract up $29.00. 60 cents traded at 19.01 an ounce. We had Silver up 21 cents. $23.81 an ounce. Light Sweet Crew down $2. $91.44 a barrel. Notes and bonds. A 10-year note. Up 19.6 trade in 126.13. The 30-year up a full point. Plus 4 ticks at 151.31. And King Dollar. King Dollar is up 156. Trade in 95.8.52. Years at 113. Yen is at 114.97. The British pound is at 136.1. U.S. Dollar. iPhone numbers 877. 927.6648. It was called, folks. I want to know what's going on in your world. And the world of the S&Ps. Let's take a look at them. What do you have? Okay, so we look at a spy. You get some price destruction out here. No doubt about that. But bottom line, folks, okay, you don't have volume on the way down. So this is a consolidation. Right now we have the NASDAQ down by 2.6%. The S&Ps down 1.8. The Dow Industries down 1.7. You can take a look at this spy out here. This spy is trading down 80.80. You're at 4.37. You're coming into the last swing point from Monday. Monday is 123,000 shares. 123 million shares, folks, okay? You know, we're into that buy. So it's saying, yeah, I can go to the bottom of the buy. Probably tomorrow, 4.35. You're not going to, yeah, right. This get go down here. I don't think we would go break these lows. I think this is building cause to break the lows, okay? But I don't see it right now. We look at the NDX 100. We have the NDX 100 as this. You get the three Qs, bottom line, same setup, fast price destruction without volume. You're coming into the swing from Monday. We had 80 million. You've done 42. We'll probably do about 60. And of course the big number inside the NDX 100 is that it is getting closer to that high volume low. 353 is the highs of the low. We're 346. Bottom line, you can see we're already done into that good time, seven. So your probability is pretty good that you very well may get into the bottom of that high volume low. Even that being said, I just don't think we're going to do it this time. I think we can go to the Monday low, reject that Monday low, and then go topside once again. Gold. Gold contracts and ABC structure in the way up, folks. It took the B point out today, took it out with volume. And what you're going to see here, we talked about this yesterday, when you're approaching a swing point, folks, you can see this, we're approaching a swing. The swing that we're approaching here was the 1882. You can see, you know, yesterday was an inside day, but the two prior days, you had the expansion of volume up three prior days. Actually, the first day was 239,000 contracts right underneath it, only made it out to the 1862. Next day, 1876, 231,000 contracts. Next day, 215,000 contracts. Bottom line, you blew it away. Blew it away with volume. It's 100 point A to B. The A point is 1780. The B point is 1881. So you got 101 bucks. It gives you 1946. Now that's if it's a 1 to 1 ABC structure in the way up, folks. That's how that shakes out, because what Gold loves to do is a 1 to 1.382 to a 1.50 in the metals and in the equities. That's how it shakes out. Notes and bonds. We take a look at the note and bond market, folks, what you get out here in the note and bond market. Right now, you get the 10-year note up 19-6. You get low volume. This is a counter trend bounce in a market that wants lower price, meaning lower price, higher yield. And you can see it's pretty clear. First off, we didn't test the swing low from five days ago, which is 125-17. That's going to get tested. You're going up today on 1.8 million. You went down to 3.1. Bottom line, counter trend bounce. We're going to take a look at the 30-year bond. 30-year bond is up one full point, plus six ticks, and this one here. This is going to be interesting to see what we got here. A little different setup. Yeah, stay the same thing. What you did is this. You did test and you rejected, with light of volume yesterday, the swing low. The swing low had 540,000 contracts. Yesterday, it did 359. Bottom line is still going up a way too much. Little volume. You're going up with 390,000. King dollar. We take a look at king dollar out here. We have a king dollar. Bottom line, king dollar is having a hard time holding price. You got sideways move up here today. You're up 148 ticks. You're trading 95, 849. We take a look at some of the higher volume equities out here today. What we are going to have out here is that there's going to be light volume out here today. You get pellet tears off $2. You got advanced microdown of $4. And video is down 19. Door dash is up 8. The number of door dash deliveries, something like 236 million in 90 days. Big number, man. You got Facebook is down $7.5. You got Virgin Galactic off $1.15. Fastly is off $9.55. That's really a hit, man. That's only a $20 stock. It was a $30 stock. That thing just got smoked. Bottom line, folks, is that, yeah, we have some selling out here. Now, you know, here are a million different things. You get selling because of Ukraine. You get selling because of the market. Bottom line, folks, might take a lot. I'd say I might take a lot. Ukraine, Russia, nothing's going to happen. And the reason I'm saying that, folks, there's no way that, you know, Biden comes out this morning, says it's imminent, and then gets on a helicopter and goes to Delaware, goes to work the next meeting. That doesn't happen when it's immediate, folks, okay? Or imminent. It just doesn't happen, man. That's the bottom line. You're going to have a freaking war. You're going to go into someone. Okay. You're not going anywhere. You're staying right in that room. So, you know, the rest of this, you know, I would say there's just normal selling inside the marketplace. Why? Because the highs are in, folks. You know, I suspect we're going to be in a consolidation maybe a couple years. And we'll find out how big the consolidation is going to be, whether it's going to be the first leg down or do we do an ABC structure down and that'll be the consolidation. Dow Industries right now down 643. You get the Nasdaq off 382. S&P's off 94. Stay right there, folks. Come right back. 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Goldman minus 77, Salesforce minus 75, United Health 66, Microsoft 52. Let's get over to Walmart. Walmart came out with their numbers last night. Bottom line, we got Walmart. This was a classic. We were talkin' about this yesterday. We knew they were comin' out with numbers. Bottom line, what you saw out here is that you're going into the last swing point. The swing point we're talkin' about here was going back to January. The top of that swing point what it was doin' yesterday was a rejecting lower price. That top of that swing point is at $133.75. Bottom line, rejected it. It had enough volume yesterday, meaning light volume as the rejection. Rejected it higher. Yup, four and a half bucks. Walmart's up at four and a half bucks. And bottom line, let's see, what did they do number-wise? Number-wise revenue. Okay, so they took in to the top line, $152 billion, almost $153 billion, and put a buck 53 to the bottom line. So they just, it's hard to comprehend. Walmart can keep growin', but guess what? It's grown, it's revenue by 75, 72 billion in five years. That's 15% in five years. So it's 3% a year. But we're doin' 3% a year, and you're doing $140 billion every 90 days. That's real money, man. Absolutely unbelievable, actually. Inside the MDX 100. The strength versus the weakness inside the MDX. Oops, one second. There she is, there she is. Okay, so inside the Cisco, that's a blast from the past. This is one of the four Haasmen from the 90s. If you're around the 90s, it was Cisco, Dell, Microsoft, and SunMicro. That's up 3.5% right now. You get Kraft Heinz up 3%. Costco is up 6.1%. Taken away from it. Makata Libre is down 9.5%. You get Nvidia off 7.5%. And Zscaler is off 7%. So let's see. Well, bounce time. So let's see if we got bounce time goin'. We'll go intraday into the end of the season. See what we got here. Let's do this. We got a few shekels here. Okay, so, well, remember, hold it, this is cool. One second, we had, we knew was yesterday, I believe we had the ABC down. Yeah. Was that the number? Right there. Okay, hold on one second. Let's do this this way. So that broke. That broke the B point. Okay, that's the way to do it. Okay, one second. Oh, here we go. So, what I'm going to do right now, folks, is this. Yesterday, we talked about the ABC down. And this is really cool in the context of when you actually wake up in the morning and you understand from the prior day where the ABC structures are. It doesn't mean that they'll go, but the bottom line is that this one went. So what I'm doing right now is I'm going to do the A to B equals C to D and see what number comes down. Because then we'll look at what they're going to get a bounce in on. We probably did another one, but let's do this one first. So we got 4483 to 4425. So what is that? You got 58 points. So then I'll take 58 or 4426. There you go, man. Okay, so this is cool. So you got, I think it comes right down to 4372. That's your A to B equals C to D. So I finished an ABC structure on the way down and what that sets up is that, yeah, you can get a bounce. Let me pull this back a little bit more because I want to see what this is going into. There we go. Okay, so now, here we go. There's always something going into, folks, and this is what you want to do. You pull that up, that bar right there. What does that bar have? That's the last right there. That's 71,000 contracts. Open this a little bit more. 71,000 and that's 41,000. That's what you just did. Yeah, so the 41 just went into 71. So yes, we should get a bounce. And I would say the bounce, then what you do is this. Then you go and say, okay, where's the last time that we actually come down with volume and the bottom line is that this baby goes all the way up to like here, which is 4,400. So that's 20 bucks. So we'll see how it happens. That is saying you can be closed down at 70. Still a monster, but the bottom line is that I'm just kind of doing these exercises so you can see kind of how these things shake out. Dow. So let's do the Dow for a second. So the Dow is under Monday's low. So what you do with that, you take this and you go, what is the volume from Monday? And that's 1.1 billion. Now this is really cool, man. I'm telling you, you can learn a lot about the market out here today. And this is why. We did 1.1 billion shares on Monday. Right now you're only at 538. As we come down into that level, you can see the contraction of volume is huge. Now as of Friday, granted, maybe it goes a little bit lower tomorrow, but you should be setting up and looking at something for a bounce. That's the reality. And I suspect, we'll see how it goes, but that's set up and it's set up in spades. Let's go into the NASDAQ composite and look at the composite. So we're bringing the composite up. Same deal, which is cool. Composites could also come into this bar. So now we're going to go back to Monday on the composite and look at the composites and say, okay, how many more sellers do we have? That's right, Jeff. There's no sellers out here, man. So Monday did 4.2 billion and the NYSE. We did 3.2 today. Now the composite can do a billion shares in 40 minutes. So we'll see where the composite, you've got to wait really. I've seen that happen. I mean, that's a reality. So we'll see where it goes. Let's go take a look at the GDX to some of these gold stocks because you've got a lot of ABC structures up on these babies. We take a look at the GDX. That's trading up $1.40. That swing points $35.08. And you push it into a swing of volume. Now what's going to happen here also is this. These are 100% move or move. So what you can expect is that you're going to expect some kind of pullback, sideways move. The GDX in three weeks just went from $28 to $35. You can expect something to go sideways to go higher. My take is that the inflation number is out of the bag. I mean, in a monster way, not in a small way. This is not going to be an easy get-go to put this back inside the bag. You don't just start inflation, folks, and all of a sudden it just stops. And we came in this, and we came in this fast and furious, was realistically last May. And it seems to me that it just came in all at once. One second, things are going along, and then all of a sudden, bang, everything is up 23% to 30% like bang. I mean, it's six weeks, seven weeks. That's kind of how this whole thing went. And my take is it's right through the system. And it's going to take a few years to basically get that stopped. And getting it stopped is going to bring a recession. That's my take on the deal. You don't stop this without basically really doing some damage. The Dow industry is right now up 602. The Nasdaq is up 381. SAP is up 88. Stay right there, folks. Come right back. 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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. Now that was down to 603. We get the Nasdaq of 376. S&Ps are off 88. Let's go take a look at Freeport Mac Moran for a couple of the taggers out here. So you get Freeport Mac Moran, folks. This is one of the largest gold and copper companies in the world. The low is $29 to the last 52 weeks. The high is 46. Your trading is 43. 23. And whoops, there we go. Okay, so, yeah, this is building cause to blow away its high. In fact, it's probably going to be a big ABCF. You can see, when you go back to last Thursday, bottom line you're hitting into the highs and see that expansion of volume? You get an expansion of volume 29 million going into 25 and then we back down with 17. This one's higher price. Rio, Rio Tento, bottom line, this baby same type of setup. You've already taken out the high in Rio Tento. Let's see, so it's 4.3. That needed more volume. So that's what it's doing right now. This is building cause to basically get back upside. You can see what happened here is this. Rio Tento took out its swing, didn't have enough volume, ended up with a shooting star. Pull back down, pull back down into 6.3 million with 4 million and then it's going sideways. This is building more cause for higher price. And the question is, will it be the impact of rising rates? What happens here folks is this, any rising rates period are going to bring down financial assets. That's the bottom line. I know that's how all of us wrap our head around because things have been going up for so long. They got to squeeze until you kind of squeeze anymore. I mean, that's how it goes man. Now, that being said the kicker goes like this. So here, this is the bull and bear fighting in my own head about commodities right now. And this is what it is. That because we went up from 23 to 30% just like that in May it's like okay, so do we go to another, we went to this level, do we stay at this level and level out and things won't be that bad. I suspect though, real estate, I think real estate can pull back 15, 20% but I think that's real. I put a house on the market and I know some of the targets and both the targets didn't even matter, sorry. I put a house on the market, beautiful house. The bottom line, gorgeous house. That being said though, guess what? The bottom line, put it on the market at 9.20, got 9.25 cash closed like four or five more days. Great house, no doubt, but guess what? When you start getting at those levels you start talking about big taxes, big insurance you know, we're close. My take is that we're close and we've been running for 14 years so it's like okay, you know so the hard thing for folks that haven't been through a lot of cycles is that and I have a lot of friends, trust me I mean we all know when you're in this business, you're in this business and you know unless you've seen this you'll you'll stay bullish and you know maybe it tops out a year most of the time I'm six or seven months ahead of myself maybe a year, maybe it's a year I don't even care if it's a year, it doesn't matter I've been selling into it and I'm going to keep selling into it that's the bottom line kind of like the market now what I have been doing this is what's so cool about being in the market so watch this, check this out so if we go brothers, right you're going to see it like okay man you're going to do an ABC down now we're going to look this real closely it's like okay, because the home builders themselves folks they topped out from the last get-go just like this, the last get-go I had to wait two years for the get-go on the way down we'll see how long I have to wait this time but the bottom line is that if you take a look at LaNace, same type of setup the home builders topped out approximately eight months to almost a year before the downdraft actually came so the home builders themselves were showing that okay this is weak that's what it comes down to and what happens is that if you're in this business across the country okay, what you want to know is this, you want to know what is the quality of the person that's buying your property that's, get your head wrapped around that, are they taking a second mortgage out are they just making it that's all important aspects okay, and my take is that that's kind of where we're at but we'll see, the rent structure still supports big numbers, there's no doubt about that we're getting big numbers rent structure-wise that being said though if I was 30 and I'm growing up it's like people will end up happening it's like okay man can I work 24 hours a day I don't mind working 16 hours a day but it almost seems like I'm going to work 24 hours a day to have something so hey, we'll see where it shakes out bottom line it's been a run but I think what we're going to see and I think the market is showing us that all financial assets are going to back down and it's probably going to be in a consolidation and you have five years from now so if you get stuff in your IRA and don't just sell it because depending on what your age is all you have to do is in an inflationary area era, which we're in hard assets are worth more money that's the bottom line, that's what it comes down to because what ends up happening let's say we only pull back that's five, the S&P has done 15% so if we're in let's pull this up, so if we're in the consolidation and the top is the high which is 48 and the low is 46, that's 15% if we're not and it's going to make the leg down we're going to go down to like 39 and that's not the end of the world either let's put that up, just to see, that's 20% a little over 20, it was 39 it was 40 it's 39, that's possible if we break that then we're in trouble because if you break that then you will get out of 33 well you don't have to go to 35 but I'm encouraged, I can tell you this I'm encouraged in the aspect of how we're coming down right now and you don't have sellers you have to price destruction but without sellers, so right now the market's going to have a hard time actually breaking the swing low that we're talking about and I don't think that's going to get tested for a little bit longer, it'll be great if you're a bull, you want this thing tested right now that's the real bottom line because the quicker that we test that swing low particularly after the amount of selling that we've had the higher probability that you're going to go topside the big way let's go take a look at Royal Gold look at this thing, man, oh my god look at this thing, it's up $9.5 you talk about a take-off this thing just took off like a rocket ship I've talked about this before, this is what happens at Royal Gold with Royal Gold inside their contracts as gold reaches certain amounts what ends up happening is the contract value goes up so much dramatically, let's say that they get a royalty of 6-7% gross on it well, it hits $1,700 it could go from 6-7% to 8.5-9% that's how the contracts are read and if you really want to dig into it you can just bottom line go to the SEC you can pull up the contracts I did this a long time ago understanding fundamentally understanding these companies and how they run and that's the big kicker understanding what are the contracts and as gold hits every level most, well I know Royal Gold's contracts and probably Franklin, Nevada they go up there folks come right back that one just goes down 5.63 that's x of 368 S&P's off 84 come right back 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 experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels from the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating Tiger Real Estate can help you make the best decision when it comes to all areas of the market before you make one of the biggest decisions of your financial future call Tiger Real Estate LLC today at 727-329-8322 or email us at tiger at tfnn.com that's 727-329-8322 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 $37.50 Sign up for David's newsletter the technology insider and get an inside look at everything the technology sector has to offer try at risk free today with our 30 day money back guarantee tfnn educating investors biotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade LABU or LABD directions daily S&P biotech three times bull and bear ETFs visit directioninvestments.com slash biotech today an investor should consider the investment objectives, risks, charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares at 866-476-7523 the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders or investors distributor for side fund services LLC toll free at 1-877-927-6648 internationally at 727-873-7618 Tom O'Brien welcome back folks let's go to doordash the doordash man they got some numbers here so low for the year doordash last 52 weeks is 91 the high is 257 this is a company that has got smoked revenue wise let's take a look at it so revenue wise they did 1.3 billion and they made no no they lost 45 cents oh yeah they lost 45 cents I want to show you this is up nine nine and a half dollars let me pull this I want to I got to see this because way to see these audits this is amazing how much we basically order doordash so at 25 percent early trading Thursday after company reported record number of people audit food okay here it is listen to this number customers place 369 million orders in the period represented 35 percent increase from a year or what now I believe if doordash is just in the United States I believe in the United States there's only 330 million people right so that's pretty cool man I mean they're getting some business there so now let's go look at this baby and see what we got okay so last three months you're talking about getting soaked oh man 252 down to 93 dollars and I believe we take a look at this this is what a public good I think issue information oh man look at this so it went public and December 8th 2020 at 102 dollars so the good news is that it's back to its public price okay so now let's put it on a weekly okay so 174 I if you're thinking of getting into doordash folks this is the way that I suggest you may want to look at it so it has a sign of strength today normally when you get a sign of strength folks okay well we'll end up happening you'll get an additional sign of strength and go up for a few days then what you want to see is this you want to see how it pulls back into this area because realistically this will probably come back and retest a hundred dollar area if it retest a hundred dollar area and it does it with light volume yeah be all over it because that would be saying that the trend has changed and it doesn't take much to basically get to a higher price when you've got smoke like this in a monster way the shot position was 5.1% that's not a huge shot position let's go take a look at PLTR what is that? okay you got okay this equity you get a lower $11 a high of 30 I don't you know I can tell you something man this equity be really careful of it man I was looking at this and this looks to me let me show you something here this is sick I have no idea how he even got that high even at this price right here you're paying $60 for $1 of earnings at $11 the low for the year $11.75 the highest $30 it looks to me like it's going to do an ABC structure down it is oh it already is one second let's see oh man it hasn't hit the so here check this out okay you need first off the price projection is $11.75 we got to $11.84 today but see the amount of volume this is going to break this this is going to break this low so question is ABC structure down I think $19 $7 that's going to get you to $7.35 that's how this thing is shaken up and right now you're $11.80 yeah it's a mess oh look at this though oh this $10 okay so $10 is game for sure yeah what was this a spark let me look at this issue it was a spark so it started at $10 guess what it's $11.82 we'll probably get on a $7.70 these sparks folks have taken people to the cleanest in such a dramatic way it's unbelievable man um there's just yeah they just toasted them roasted them all of the above Netflix let's go take a look at Netflix out here right now that's running out that's down $10 so that's consolidating is it the top of its lows yet $387 $379 this can hit $37 this will probably test $379 again and now let's go look at the king Amazon so Amazon's down $53 light volume this is a nice setup man Amazon so you know in a down drafts like this folks okay the bottom line is that you want to look at the strongest stocks and the strongest stocks in a down draft are going to stick out like a sore thumb and you know stop making a list of them that's the real bottom line we stop making a list of them it's going to make a huge difference we're going to take a look at H-I-M-X uh this is down a buck in a quarter lows $9 the high $17.30 looks interesting so this went to $10 rejected that let me put this on a weekly for a second yeah it's still going back this is going back into its breakout area $970 did $10.01 that might have been alright that might have been good enough for it um you got to build some cause in this baby but I suspect uh that's what it's looking like like going sideways rejected lower price didn't get to its lowest swing point when you don't get to your lowest swing point that means quite a bit let's go take a look at the platinum market I haven't done that for a while platinum where are you platinum spot I'll take spot okay so we're at $1093 nice move okay so next move up here is $1106 and then you got $13.39 so let's do we're going to go to the gold market for a second cause what I want to do in gold I want to show you this much larger structure because that's where I think we're going with this thing you know we'll see whether this is the move already which it could be okay so if I take this we put this on a monthly what you're going to see see when we when we did this pullback and this isn't a monthly okay we only did a .382 of the monthly on the way back so as this approaches 2063 if we get the juice on it this is a monster ABC so we're going to take this structure up about 850 yeah it's 2,500 that's where I think we're actually going so we'll see how this shakes out you know we'll have to take this B point out take it out with volume at 2,063 but you know what over the over the course of so many years it would make sense to me that just on a fundamental basis you'd be a 2,500 you know it's not it's not it's not a big deal because when I started I was in 50 cents I bought it I'll never forget that it was like my god I mean you know you've heard the story every time I go shopping I couldn't even buy a shirt because I have to buy another ounce of gold because I'm saying do I want a shirt or a pair of pants or an ounce of gold like are you kidding me man like because because I knew that an ounce of gold takes 10 tons of dirt to get an ounce of gold go buy a couple shirts wasn't that wasn't too hard to figure that out so there folks come right back down 633 Nasdaq's off 391 S&P's off 94 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 and technical market analysis and it's not just dry tedious text either TFNN airs live financial content streamed live 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 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Tiger TV welcome back folks right into the close here you got the Dow industrials right now down a 651 Nasdaq's off a 410 S&P's are off a 96 and percentage wise we have out here folks you got the Nasdaq down 2.9% S&P's as well as the Dow industrials down 1.87 now what's going to get intriguing here is this you have Friday option expiration and we'll close Monday so this is going to get really dicey man my take still you're not going to go break this one right now we'll go after it there's no doubt about it if we go take a look at the Nasdaq composite I suspect the composite is going to go after it still the the NDX is actually closer to what I believe they're both about the same the NDX has gone into the bars enough that you can get hit which is would be 13,724 and as I said a little bit earlier bottom line if you are a bull you want this to be tested right now because of the way these past two weeks so when we're down there folks you go down there and go back up come back down and go up back that's way too many times going down and the the market gets exhausted that's what happens and you can see from this little get go we'll find out but that's my take on this thing we know that the contraction of volume today is going to be dramatic and let's go look at this quickly so if we look at the NYSE I believe we were saying one point we need 1.1 billion we're at 645 million they'll add some there and if we go to the composite the composite is at 3.7 4.2 that still can get 500 million in a few minutes the composite by the way is a whole different animal they can throw so much at the composite folks at the close it's just absolutely unbelievable all you remember folks in the back and Claya hot out the book and run you over and thank god there's always another trade health happens in prosperity have a great night folks have a safe night come back and visit Tommy tomorrow morning great show please tell your friends about it kip we're going to get together brother time folks is a unbelievable thing have a great one have a safe one folks