 The following is a presentation of TFNN. The TFNN Bull Bear Training Hour. Every training day, live at 10 a.m. Eastern. Call now, toll free at 877-927-6648 or internationally at 727-873-7618. The TFNN Bull Bear Training Hour. Now, Tommy and Tommy O'Brien. Welcome folks, appreciate your growl and our problem with us out here. We have the Dow Industries down 324, Nasdaq off 126, S&P's off 43, Gold, Gold Contract up 580, we're at 1287. You get Silver Flat, $14.80 an ounce, Light Sweet Crew down 77 cents, $61.34 a barrel. Now it's going to be interesting that we had those numbers and bottom line is that it looked like we had a draw, but guess what, the market is still selling that baby off. Yep, you had the EIA inventory during the day, and still nothing too dramatic. Notes and bonds, guess what folks, ever ready battery, this is like Groundhog Day. Higher price, lower yield. You get the 10-year note up a half a point, $124.07, 30-year up 25 ticks, $149, and $king dollar, $king dollar down 313 ticks, trading $9707, the euro is at 112.5, the yen is at 109.5, and the pound is at 130 to one U.S. dollar. Let's go over to our man, Mr. Kevin Hicks, a TD Ameritrade, think of swim as we do, each Tuesday, Wednesday, and Thursday. And don't forget folks, you want to understand option, option strategies, futures, great program, every trading day, 11 to 12 Eastern Standard Time, and you want to know defined risk, guess what, you better get your head wrapped around defined risk because just give it 20, 30, 40 minutes and these S&Ps can be up 20, 30, or down 20 or 30. I guess so. Kevin Hicks, what's going on? Good morning, Tom, good morning, Tommy. Yes, Tom, this is a time when you want to have your units covered in some way, shape, or form because this is a classic definition right here of uncertainty in markets, right? For this whole trading day, there's going to be uncertainty. And markets on level, some degree of certainty, you know, the end of the day today or tomorrow morning, whatever it'll come, but comments last night that threw a little more uncertainty into this and this market doesn't like it right now. Yeah, you know, we're looking at the VIX, Kevin, right? Can you go over these numbers for us for the VIX again because for the new listeners too, it's really curious to understand how this works, folks. So this is pretty cool, man, right? When you really wrap your head around it. There's an indication. So it's 31.8% and 62%, but you're 2.3%. Okay. Once you get there, so that's what I mean by that is a third of the days. This is the FPX now. If it averages a 1% move, that justifies a 16 VIX. Okay. Now, where we are right now, closer to a 24 VIX, that is same parameters, third of the day percent move in the FPX. It justifies a 24 VIX and a 2% move. VIX level right is inaccurate. Is it too low? Is it too high? That's the way mathematicians and people look at the VIX and how it correlates to how the overall market is moving. I love that whole thing. You know why, folks? What happens is that we haven't had high volatility for a while, so it's important to understand that, you know, like the VIX, as Kevin just said, is at 23.3%. Well, you can expect, you know, a percent and a half move either way. I mean, it's not telling you which way, but the bottom line is that that's a cool thing to know coming into the market. That's where the market's implying, and then you get to decide if you think that's going to happen and then you're either buying or selling volatility, right? Exactly. Right, exactly. Because you may look at this market and say, huh, based on the way this market's moving, maybe that 23 VIX is a little high if I think the market may stop here and go back up. Because if the market goes back up, you know, the VIX will probably come down a bit. You think, well, boy, this market is much more volatile. It's looking like a 2% move, you know, some of the days, or it's making a 1.5% move more than a third of the days, maybe two out of three days. That would justify a higher number. So these are the things that it gives you. If you know that rule and you keep that rule handy, it's a way to look at the market, look at the level of the VIX, and make a judgment on implied volatility. Yeah, so cool. So cool, no doubt. And, you know, I switched gears on you for a second, but I'm sure you saw this, man. Stamps.com, man. I mean, I guess they, you know, once they stop doing business with the post office, if you haven't seen this yet, folks, it's pretty incredible. I mean, they announced the last time that they stopped doing business with the post office because they wanted to do business with everyone. And the stock went from 203 down to 82. Well, we just went from 82 down to 37 overnight, psycho. Well, yeah, there it is. I've got it up on my board right now. Looks like it's down 54.8% trading 37-60. It's pretty amazing. You're on margin, you owe money. Oh, man. It's pretty remarkable. Forget that. That's something else. Yeah, and that is a stock guy's debt. The $200. Yeah, no. You know, when you're talking about this last night, you know, it's like he was calculating what they lost in the market cap. Yeah. As of last night, I think the market cap was like a billion and a half. Yeah. And they started at like $6 billion. So they've lost $4.5 billion. By making that decision. Yeah, I don't know how you have growth in the future if you're not around. Yeah, that is not an impressive chart. And that's why, you know, implied volatility, if you're trading, even in this name, implied volatility will, right now, that doesn't mean it won't eventually. That's what professional traders love about implied volatility. Isn't that cool? Yeah. All right. And folks, okay, remember something, though, okay, all these programs are archived. Rerun what Kevin just said there, because if you really get to start understanding the option market, that's crucial to understand because all it means is that you get explosive move and then it calms down. Sure, right. You know, and, you know, it seems that markets, nothing is always in markets, but markets do that quite a bit. You know, you get volatility comes in, calms down for a while, volatility comes in again. Yep. You know, and... And it reacts, right? It reacts to the news that's out there. Look at the whole chip space this morning. Yes. Based on what Intel came out and said yesterday. Right? The whole chip space is moving. Yeah, and what Kevin's talking about, folks, Intel is what tanked the market yesterday at 20 minutes of four. I was on the air, Kevin, I'm saying what just happened here, and then I realized that was Intel. I think they almost came out early. I don't think they meant to come out with that because of the clothes, you know what I mean? Because it's like most times you wait till after the clothes, and it was so close to the clothes, I says, well, yeah. But I mean, there's virtually no stock in that sector that's not being beat up because of that news out of Intel. Oh, there's no doubt. I mean, and what the news was, folks, is that they said, listen, things are gonna be flat for a year and maybe a little bit lower. So it's like, okay. Yeah, single... Low single-digit growth for the next three years, they said. That's heavy. That sounds like dead money. Dead money. Listen, you want fast money, folks. 45 minutes from now, outstanding program, understanding option, option strategies. Kevin, you have a great one. Safe one. Have a great weekend. We look forward to speaking to you next Tuesday. Great talking to you guys. Have a great day. Thanks, Kevin. Stay right there, folks. Tommy and I are coming right back. 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TFNN.com, educating investors. 4-8 internationally at 727-873-7618. I was down 321. We get the Nasdaq off 121. S&Ps are off 42. Let's see, I want to see what actually, so we had Gold catch a bid here. Yeah, we sure did. We had some currency action as well, I believe. Yeah, so let's see this move. Just before he came on the... So was that the 830 move? 930. 930, okay. So you got juice inside of this. Gold's been pushing into this swing point the last two days with volume. Now, it hasn't been able to basically hold price. You know, yesterday, I mean, yeah, yesterday you could see a nice day, 303,000 contracts, $1292. You're dealing with the $1290. $1290 right there is at $279. So we're going to get the volume out here today too. We'll see where we can get the crack. So at 930, what come out at 930? I guess it's just the volatility, right? Yeah, I think so. You know, it's not like... That's just going to go because currency is just taking a look. Yeah, the dollar came down south too pretty quickly. Yeah. Same time? Yeah, same time. So that's the dollar, there's your Euro, the inverse, you get the end, and then the pound as well. So that's going to come in in a bit. That's 950. Yeah, so 930. But you can see that basically 930, right? So maybe that was the... There was a tweet out by one of the China news dailies that they didn't think the... They were told that they didn't think the deal was going to get done, but I don't think anyone thinks the deal's going to get done. I mean, it's already Thursday, right? Yes, it is Thursday, exactly. You're not going to walk into town and get a deal done. Exactly, man, for sure. The real question is, is that... Are they going to call a truce? Or is it 1201, bottom line, 25%? They're going to have a very limited time to negotiate before those kick in at 1201. Yeah. So, natural gas? Yes. So it's Thursday. We get natural gas numbers at 1030. Let's see, I'm going to close out some of these windows real quick. Check out oil, right? And that's what we were talking about even yesterday, backing things up. So there's 1030 on the bar. We're trading at like 6150. You did have a huge draw. You made it up by 1130, which would have been a nice trade for volatility. I mean, you're almost 85 cents in that hour following the news. But, like we said, I mean, you're back down below where we were at yesterday, which is pretty surprising. That's it, it is. Because it's just the opposite of what we've been talking about the last month, right? It sure is, for sure. Excuse me, let me close these out. All right, we're going to take a look at natural gas. We started off with the 11 a.m. We're looking at the June contract. We're trading at 2587. So we could have exposure from 260 in either direction if we wanted to. 1.3 penny head start to the downside. A little much maybe. You know, if you happen to be a little bit bearish, that's a nice setup and you can still get yourself exposure to the upside. And like we always say, you can always take one side. We look at both sides because you don't even have to pick a direction. But if you were ever bullish, man, these are where these really become affordable. You're getting in at 2605. And you know, you have basically that's your limited risk. You're up to the upside. Now the bearish one is going to be the one with intrinsic value. A little bit more expensive because you got about $13 of that 18. It's just straight value. Five of it being premium. You got about five of premium on this side. So you're looking at $23. Okay, 2.3 cents. And like I said, if you're bearish, not that bad, right? Because you're already a penny and a half to the downside. Let's see. So going back, let's see what the noons line up. Again, the contract's trading at $258.7. All right, we're going to get the same exact contracts. So it's nice here. There's the difference between an 11 a.m. and noon. So it says that paying five bucks, you're going to pay seven bucks for the bullish. And it's going to be probably a similar $7 in premium plus the intrinsic value. So for noon, you're looking at $26. Not bad? No. 2.3, 2.6, right? Yeah. And let's just see how the dailies line up real quick, too. Excuse me. $2.30. So there's $2.60. Now the bullish one says seven's going to be $12. And the bearish one is going to line up at $26. So $26.12, $38 to go, which is basically almost called $40 with commissions. So you need four pennies away from $2.60. You have till $2.30. And we'll see what happens, man. And I believe they're looking at, can you go to Whisper again? They're looking for a build, right? Just for a quick dump. Let's put in the number. What do we put in? $140. We put $140. They're looking for $85. Pretty small. Yeah, $85 built. So let me just look at this contract for a second. Let's see. NGM. NGM, maybe? NGM. NGM. Yep, that's it. Okay. So $258. I think the live one's at like $258.6, but pretty close to right where we're at. Oh, look at that. So that's, we got a build. We should have put a small build in. Oh well. This looks to me like it was. That's a good sign of strength yesterday. So we'll see where it goes. So what do you think? Bring us with you. Maybe one. I'd say that, yeah, this wants to go higher. Okay. Let's go test the high of yesterday. That's $261. Okay. That's only three pennies though. $261. Yeah. And realistically, we're almost up to $259 right now in live time. So let's go to our man, Paul and Henderson, Nevada. What's going on, brother? What's going on, guys? Good morning, Paul. How you been, man? Good morning. I've been great. Trading has been obeyed. Something else, I'll tell you that. Yeah, I've been thinking that. I was doing over 6,000. I saw headlines. We haven't heard from Paul in a while. He's busy. Yeah. Bitcoin over 6,000. That looks good. I mean, there's a big resistance there. So, you know, we'll see if they could hold it and take that next leg up. But yeah, I mean, trading, you know, just across the board in the general market, big move down has been pretty intense. And it's just been so much action. You know, I can only focus on a few things. So what happens here, and this is pretty cool, Paul, right? When you're trading, when you have high volatility, it's always much better for traders, you know? Some traders don't like it, but I can tell you that you'd like it. Because what happens is that if you're actually trading folks, I mean, getting in and out and don't get greedy, you can really get things done fast. Okay? But you need to have low volatility. Sure. Because if it just goes slow, it doesn't work, man. Do you know what I mean? Because it's, you know, you sit there all day long. When you get volatility, you know, you can be wrong. You get out. You can be wrong. You get out. You get in, you're right. I mean, it's just, it's one of those deals. You've got enough movement both ways. So... And today there's been volatility both ways. Like, I'm calling about the SOLXL, but just real quick, like this trade desk to the downside, I mean, this thing is just getting demolished. And then the flip side of that coin, you got something like Roku, which is breaking all-time highs. Yeah. In a crazy market like this. So it's pretty, it's pretty intense. It is. It just moves it, you know, all the way around. Oh, look at this trade desk. Oh, my God. Man, you get some smoke in here. What the heck happened here? So this is, this is online advertising technology, right? Yeah. That is, man, like, if you're holding that long, I mean, it's getting all the way into that big gap on its last earnings, getting really close to it already in one day. Yeah. It's intense. Man, it's pretty wild. Is that when you actually look at their numbers, numbers don't look bad. They must have guided down for the year. Yeah, they did. There's something in there that is not... They beat on revenue, basically. Yeah. They beat on earnings per share. Yeah. They beat on fiscal year, EBITDA. They beat on fiscal year revenue, man. Yeah. They beat on everything, but something in there. Yeah. Stay right there, Paul. Stay right there, folks. Coming right back. Off-phone number's 877-927-6648. We have it out on 400. Nasdaq off 147. S&P's down 50. Taking that leg, next leg down, folks. Coming right back. Hi, folks. Tom O'Brien here. If you'd like to get my daily newsletter and market insights, then now is a great time to sign up for a 30-day free trial. Every morning by 9.30, I send out my morning letter to subscribers with market commentary on a variety of markets, currencies, and commodities to keep investors up-to-date on the day's trading action. 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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 here on the front page of TFNN.com. Folks, natural gas. There's the number. We've got stockpiles rising 85 billion cubic feet, pretty much right at median estimate, which was 86, jumping back to the chart, see how we're trading. Excuse me, we're at about 258, so down about half a penny from that number. Not a huge reaction, as you might expect, pretty much right on the number. Paul from Henderson, folks, we're talking. Well, we're going to talk to Sox. What are we going to talk, Paul? Yes, I want to take a look at the SOXL and kind of I'll call you in situations like this because I'm trying to, you know, get better and better at the trader, and you just spoke about being greedy and to think here, I set this trade up anticipating it was going to do an ABC down after it topped. And I went short on May 1st at 83, at 183. Yep. And then you had a couple of day bounce, and I thought I was going to get stopped out, but I was going to put my stop above the high. Yep. And now, you know, we're all the way down here, and I'm curious kind of how you would look at this from your perspective, and I'm thinking that it's probably a good time to take profit, but perhaps we could get all the way to where it broke out down at 137. Okay, so what, this is a great question, and particularly because when you're either in the market, so what I do is this, and sometimes I forget to do it, most of the times I don't. When you're in a market like this, folks, right, what you don't want to do and you're in a winning position is sell it all, or close the trade. What you want to do is put the order in to close the trade, in case there's a spike, and you just say, okay, that's all right, do you know what I mean? A time on order below or stop? No, stop above. So he shot, you shot this, Paul, right? Yeah, yeah. Yeah, okay, so watch. So what I would do is this, you know, you're down 16 bucks so you're in the money, $16. You can do it two different ways. You can say, okay, listen, it needs more breathing room than the last bow, which is 150-190. Okay, then you could look at it and say, okay, the big down draft here, which will be hard to get back into is 156. You see that 156? It's the first part of the day. Yeah, so what you could do, you could say, I'm going to put a stop in all day 156.40 or something. You see what I'm saying? And just leave it. Just leave it because it would end up happening. If something gets explosive on the way up, guess what, you're out and you made money. Now, this is early in the morning. Let's picture this takes another leg down. Then what I would do, you take a look at these bars, then you bring the stop all the way back down again. Do you know what I'm saying? All day long, that's what you do. And then at the end of the day, you definitely want to make that decision though. That's what you do at the end of the day. That's, you know, cut, you know, take your profit or not. But intraday, when you get a day like this, that's what you tend to do. I just keep bringing them down, down, down, and you let the market kind of stop you out on a bounce. You know? Because sometimes you don't get a bounce and that's what you're looking for. Do you know what I'm saying? Okay, if you don't get a bounce, instead of just selling out. Now, what you do do is that you're up 16 just today and where I said to put that first stop, that's like six points higher. So, you know, you got to take that into consideration and just see where you're at. You know what I mean? But in your case, I would say just leave it because you're shot at 83. That's about as good as you can get. You know what I mean? Yeah, the other... Okay, I see what you're saying. You know one of the hardest things for me to do is hold through even a small fact, even when I'm in the money. And a lot of times I'll get out too quick. I'll get nervous. I want to take the bread. And then if I would have just held through the retracement a little bit, it takes that next leg down. And I'm like, man, sometimes the trade could be double the profit. And I've been listening to old traders like Jesse Livermore and that reminiscent of a stock operator. And these guys all talk about trying to stay in the trade for a big bread. And I'm really trying to learn how to do that better. So let's go back to that one. So the way that can help, maybe, okay, is that you turn around and say, okay, so when we bounced yesterday, right, what you're going to see is all these bounces yesterday, they were on light of volume. Now what I would have done on this one, I've been looking and see the bounce that it was in the morning at 11 o'clock. Okay, so this did 26,000 shares when it bounced at 11. Take those crosshairs and put it over and see what it's going into. And we were going at the 64,000 with 51. Now that's a close call, man. But you can see the real benchmark there was 116,000 at 173. And we only made it to 174. See that? That was the test. Yes, Paul, right there. And it couldn't handle it. That's kind of what I do all day long. You do the exact same thing on a continual basis and then on a daily you push them against them. And as soon as you see that expand on volume or if it holds price, then you got to basically say, okay, man, this thing wants higher price or if you're on the other side of it, this thing wants lower price. And like anything else, it's not 100%, but in a high volatile market like this, you're going to be surprised how well that whole deal goes because the bounces are incredible, too, man. These bounces can come out of nowhere and most times they do when we're just talking to Kevin Hinks. That's important to understand that when that volatility gets high volatility in itself, for some reason the marketplace means you're going down, but the bounces in between are pretty wild, man. You know, so. Yeah, it definitely can be. Well, right now I really appreciate the lesson very much, and I've learned so much from TFNN over the years. I use a lot of the techniques from several of the traders and kind of put it into my own system and still trying to get better every day, man. Well, you're going to get every... I'll tell you, right now, when you get a market like this you can learn a lot more because the moves are so fast. So it's... You know, and that's whether you even have a position on or not. It's just that you see markets go up and down and you see how they react. And the mindblower is, folks, and the counter-trend bounces. This is what you really want to watch for. The counter-trend bounces, you can't believe that it can bounce so far and then give it up again. It's like, oh, my God, what does that mean? How does that do that? Well, that's how they move, man. That's just how they move, you know. So. Yeah, Etsy did something similar to that insured day. I mean, I took a short and broke the pre-market kind of consolidation and we had a big move down and then a huge spike up and then went all the way it's just kind of encapsulates what you were just saying with that SD chart this morning. Right, now, if we talk about the SD chart, right? Don't... This is going to... This is dangerous, I mean, if you're on the shot side because when you see a spike like that it's like, okay, that 64 bucks can get tested again particularly because you see we have a buyer 900,000 on the way up then we came back with only 360. That's like, okay, man that's what you don't want to see in your socks for sure. That's what you don't want to see because that's someone that's coming in there saying, hey, you know what, I think this is a good deal. You never want to see if you shot the equity, you never want to see an explosion of volume intraday because that means that someone heavier is coming in and, you know, it may go that way. Cookin', bro. Yeah, I got that first move down and I'm already out of that one, but thanks again for the lesson, guys. Have a great day. Paul, good to hear from you. Likewise. Bye-bye. So, we get Uber this afternoon too. Yeah. They start trading tomorrow, right? Yeah. We get a price tonight? We get a price tonight. We get a price tonight. I don't know what they're pitching. Well, we do have the numbers, but, you know, in both of them. I think it's going to go at the lower end, that's how I was saying it. I don't think so too. Stay right there, folks. Time to come right back. If you're in the CD market and looking for a secure investment, the Tiger First mortgage program may work for you. The security for these first mortgages are building lots in the Tax Opportunity Zone in St. Petersburg, Florida. The Tax Act of 2018 set up tax-free zones across the country where you can build and hold for 10 years and pay no tax on the profits, so that you can be reliable. The investment is anywhere from 30,000 to 75,000. The interest paid is 7% yearly paid on a monthly basis. According to bankrate.com, the best rate for a four-year CD in the country as of February 20th is 3.1%. 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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 for the latest market information. 1.34 1.7 1.7 1.8 1.4 1.4 1.4 1.5 1.6 1.6 1.6 1.6 1.6 1.6 How's it going guys got quite the action as usual you guys call me the markets moving every Thursday Hey, we got this whole thing set up for you man. Yeah. Yeah, no exactly. I'm just like hey guys tomorrow's Thursday The markets gonna move. I'm gonna get in a call. That's how it's gonna go But yet SMP obviously, I'm sure you guys been talking about it all morning You got the whole trade tear of deal potentially blowing up. I got no support here coming into play And I'll go ahead and share my screen for the time being if that's cool All right, let's see here sure screen All right, so Right now we've had a really good series of like halfway back shorts and we've come into some profit targets So obviously, you know, we've been Really aggressive to the downside. I want to show you some some things here So initially coming out of the swing high. There was this halfway back short that broke you there was some participation at 2923 and then it broke above into the close on Monday only to hold in the overnight and then the following day 6475 on the first big wave down That's where the bid finally came in I think you know a lot of people all day long were looking for a bid to cover and then right before close We traded that from there that swing high to low and this is just a series of measured moves came down We got rejected at that 96. We're now in a completion phase down here below 46 And then what I would look for for the next opportunity if we're gonna pop to sell into is just now Wednesday's high to low And that's gonna bring us up to 2868 which is the beginning of the move down here early this morning as well as a prior low up yesterday So that's gonna be a level I'm paying attention to very closely Going into you know the rest of this week. I'm actually I'm heading to your state tomorrow actually today I'm flying down. I'm gonna be fishing in the keys So I will not be trading tomorrow, of course, you know book a vacation the market starts moving But as far as support levels that I got below that are pretty important to me 2816 to 2820 levels. So if we continue to just get slaughtered here I'm not looking for any support and this very well could trade today until we get down to the 2820 to 2816 Level for that and then gold just because I love talking about it with you guys because you guys love gold But and I love gold. So last week, I think we were talking about this larger time frame 50% or Tristan long That goes back to the swing low of September of last year to high we saw two separate days now on the 23rd and the 2nd of May very aggressive bids off of that and Right now if we can start clearing the 1291, which is the halfway back from the swing high of March 10th Okay, we will begin moving back up to the top of the range and you can see right now This halfway back along here has gotten a really good bid We sold off straight into it, you know buyer stepped in right in front of it And it looks like we're trying to work our way up. So that's that's what I got for some of the bigger levels here for the S&P and golds And yeah, let's let's get Chad. What do you guys what do you guys got going on? Yeah, no, I in that S&P man if we get to the down at the S&P That's gonna, you know get the down on 600 bucks today and it didn't it, you know We'll see how they're already down more than 400, right? Yeah, right. Oh, no, that's easy to do man You're talking about 1045 in the morning. That's yeah, that's not hard I mean there was sustained selling out here yesterday even though the markets, you know really weren't down There was it was heavy pressure all day long And of course that Intel Intel come out with that news and then it was like, okay, see later, man, you know Just the chip Sector in general just brought that Nasdaq down fast and furious, you know The other interesting level to watch here in the S&P the from the March contract lows and the future is 2846 which had some buyers this morning, but we got below that 2846 we'll see if we you know end up closing back above that level But that's also pretty important level for me because not only do we have that profit target completion But if you look at the lows of the March contract to the current high, that's right at 2846 too And we're right at 2846 so the battle is on right now, man The heat is He'll be on in Florida this week You're gonna have some beautiful weather. We got highs at 92 degrees in Tampa, man So that's better than highs of 60 over here. So I'm flying up to Boston's weekend So I'm gonna get a little bit of highs of 60. I can handle it. Let's get some rain I'm not looking forward to that. I can do a weekend of cool weather, but yeah. Yeah, forget the rain. Yes, but Yeah, I'm looking for going tarpon fishing you guys ever go tarpon fishing. Yes, you're gonna get you catch so many top and down there It's insane. It's that's yeah, I mean you got the migration coming through I mean I got I got on the water last year and it's like the thing is like 160 pounds, right, right? So cool down at the keys, right and you'll see it What happens folks is that right in between all the docks or the boats are right you're gonna see Everyone just take a fishing rod there's promo shore, right? And you just keep you keep catching them and just throwing them back You know I mean and they're monsters. I mean, but it's so much fun folks Okay, and you can't you can't eat them because they're soft, but but they're protected to a Protected species in their bony the tarpon at least yeah But you'll have you have a blast catching them and they roll over They you know you can see if you if you're out early in the morning Jack right when you're looking out of the water You're gonna see a small roll in the water. That's all the top and feeding in the morning Oh, yeah, I'm looking for I'll be I'll be up and out of the water by 6 30 for sure Oh, yeah, you're gonna be catching them in and they see the manatees the manatees will be out there, too The manatees they they're you especially at the keys what happens at the keys folks There's plenty of folks that There's fresh water and the manatees are always looking for fresh water So they're coming up to the docks and grabbing all the fresh water and then I don't I think the bay fish are just Well at the keys the bay, you know, you're right next to the Gulf. So everything is right there man. There's so many fish there It's insane Okay, brother. Well, listen, you have a great weekend safe weekend. Hope you catch lots of fish. Hope you catch it I think it I'm not sure it might be Yeah, it's not sailfish down there. My he my he's though. You're gonna get oh Yeah, is it my he my he sees in that I kind of fish. Yeah, you just look for look at seaweed out there Why don't you get the seaweed? They'll be right underneath that seaweed get staying cool. I love the shade Smart fish, okay, man. You have a great one safe one. Appreciate it Jack You two guys have a great one. Thank you. Take care man and you can check out Jack folks every trading day major league trading calm and Market-wise out here. Yeah, this is this is laying right at the 2846 right now sure it's and Some of the higher volume equities that we have out here is that let's see we have Rook Roku up $14 Yeah, let's I want to see what their earnings were so let's see Posted first quarter revenue beat expectations and gave a strong outlook So while analysts were broadly positive on the print and guidance both city and loop capital markets expressed concern about the fierce competition But chairs are up huge man. Let's see if they get the full numbers down here now. They get all the analysts takes We'll get back into a second. Pretty amazing. Hey They're in a they're in the perfect sector that they can compete with because it is man You're competing with Amazon's got a streaming machine apples got Apple TV, you know But Roku's got the cheaper for the one it gets it done. Must be easy to turn the station Stay right there folks. Tell me I can right back I'm certain you are or strive to be one of the best of the best at everything you do in life It's the most common trait that we tigers and tigers to share if you're looking to become the best of the best when it comes to managing your money Let me teach you to do what most wealth managers tell you can't be done, which is how to time the markets I'm Steve Rhodes author of mastering probability and for the last 12 months Timer digest has been tracking my newsletter signals Which have earned me the ranking as their number one market timer in the nation for the S&P 500 for the last 12 6 and 3 months timer digest also ranks me as the number one market timer for gold as well The fact is markets can be timed and I'll teach you the exact set of tools that I use that has transformed me into one of the best And what I do sign up for mastering probability today by clicking on the newsletter tab on the home page of tfn.com And get immediate access to workshops where I take you step by step how to use an extraordinary set of tools as well as provide Great market calls to sign up today It's amazing to think that Tom O'Brien started his weekly gold report 17 years ago with the first issue published April 7th 2002 when gold was trading at under $300 per ounce gold peaked at more than $1,900 in 2011 and after spending many years consolidating at lower prices gold may be poised for its next big run Tom O'Brien publishes his weekly gold report every Monday morning for subscribers consisting of coverage of the XAU HUI GDX the dollar bonds South African Rand as well as 25 different mining equities with specific buy sell recommendations as of April 1st of this year the gold report currently has eight active positions with an average unrealized profit of almost 8% for each open trade new subscribers get a 30-day money back guarantee So you have nothing to risk for all the details and to start your gold report Subscription today visit the front page of tfnn.com. Don't let gold's next big run pass you by sign up today Since 1984 Basel Chapman has been using the Chapman wave methodology to advise traders of his expert market opinion Well originally hand-drawing charts from the late 1970s into the 1980s Basel noticed that prices under most circumstances Virtually always had a certain number of legs to the upside before declining sharply later Basel found the computer software which included the standard market technical indicators enhanced the degree of accuracy and calling price turns As well as market trend calls thus was born the Chapman wave sequence Using the Chapman wave methodology along with other indicators Basel Chapman advises his subscribers of his expert market opinion Each market day with his opening call newsletter right now You can get a two-week free trial to the opening call Basel's daily trading newsletter by visiting the front page of tfnn.com Cancel at any time during that trial and pay absolutely nothing get your two-week free trial to Basel's newsletter the opening call 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 So yeah, we had some of these Roku numbers up here right so I mean nothing too staggering There's got to be numbers even deeper than in here because in terms of they they just reported what first quarter I believe right but they're seeing second quarter net revenue to 20 to 225 the estimate was 218 They had here fiscal year adjusted EBITDA 10 to 20 million the estimate was about two And they had a range anywhere from five five million lost a 14 gain. Yeah, they're still losing money That's a net revenue for the fiscal year 1.03 billion and 1.05 the estimate was 1.02 the range went up to 1.05 So yeah, you could claim towards the higher-end the first quarter net revenue They came in above though for sure. They were supposed to make 180 revenue 1a9. They came in 206 Right, and they're probably looking at that, you know 29 million customer accounts. Yes, they don't have the estimate So those things like I was just back it up with the revenue per user to right above it That's you know, you add this plus multiply this times that there's your money. That's that's what I'm sure you're right That that's that's gonna be the recipe for growth Yeah, because look at they get sugar losses going out to 2020 Yeah, yeah, all the way fourth quarter. Yeah, fourth quarter of 2020 they might have a Profit, we'll see let's check back in on natural gas. Where are we on the natural gas? I doubt we're getting a oh I was gonna say a doubt but nothing too staggering. It looks like a move, but realistically We were trading at 258 five coming into that number trading seven tenths of a penny below where we're at Even when you had a bearish head start, right? The the contracts we were looking at had exposure from 260 Even then you barely would be able to break even with getting a little negative action So not too much of a move natural gas still relatively low price Oh, yeah, that natural gas stay right there folks We've got fast market coming up next and we got our man, Mr. Battle's a chap and Steve Rhodes Dave white be back this afternoon You can expect this volatility continue. Thanks. Thanks, man