 Let's go over to our man Mr. Kevin Hinks a TD Ameritrade think-as-women's who do every Tuesday Wednesday and Thursday And don't forget folks outstanding show here every trading day 11 to 12 Eastern standard time You want to understand to find risk options the option market futures all the above? Great program Kevin Hinks. What's going on? Good morning, Tom. Good morning, Tommy boy I you know another day another big move in some of these names, you know, and I think the What really made this day move in these bonds move is two things I thought Mario Draghi and you know, let's face it all the announcements that he made Well, what we expected him to make they were all pretty much expected starting QE lowering the deposit rate by by 10 basis points and But the guidance was even more dovish than we thought it would be yes And that's where I think bonds kind of took off because let's face it guys you look at that CPI number that came out at 730 Chicago time 830 Eastern. It was a little warm It was a little on the oh, yeah, you know less food and energy 2.4 That's getting a little warm there. Yeah, so you know, but Mario Draghi then his comments came out He started talking and like I said It's gonna be an interesting day in the bond market No, there's no doubt for sure because the US market that number was not weak in terms of inflationary data No, it's it's inflationary in a big way actually, you know, I mean Yeah, that's why bonds have not held here. Yeah, you know bonds are only up three ticks on everything Mario Draghi said They were up over a point and now we're sitting here up three ticks So pretty significant day here in the bond market because the end of the day people are looking at the US data going wait a minute We can't trade US bonds off European data, especially when our data is coming in strong. Yeah, and you know the movement is Extraordinary, I just want to switch gears on there for a second because folks if you were listening here on Tuesday when Kevin came on You know the speculation Well, you know, of course, we're in the speculative business of bottom-on Kevin was talking about the rotation and you talk about a rotation coming in Kevin Hanks. Oh my god Yes, meaning into the small caps, you know, it might have been a speculation on Tuesday morning But it certainly wasn't Wednesday and Thursday, right? Right. Right. It's pretty pretty interesting I mean what they did to it was you know anything that had big numbers on it and they went after what they went after financials They went after the ruffle and they went after some beat-up industrials I'm telling you that really glad today. So it was pretty impressive and it's fascinating because it wasn't just selling when the ruffles Haven't a move like that, you know, that's a rotation. Yeah, that's we haven't seen something like that in a long period of time No, you're right Months and months and months right most, you know a year and a half since since we saw a rotation like this Yeah, and you know you know the Theory behind it folks would be that large money managers are getting out of momentum stocks at Taking their profits because it made a fortune and they're saying, okay I'm actually going to go into value You know we've heard for a good couple years that value, you know is where it's at but get yet The value kept going down down down, you know, so it it came through now find out just how far it goes man I mean, yeah, I mean think about what what they were buying the ruffle was strong in many ways because they were buying regional banks Right, which is such a big percentage of the ruffle that was lifting the ruffle and you know with You know financials Jamie Diamond coming out saying the other thing that that I talked about on your show And we've talked about on our network is the fact that trading revenues for some of these financials Are going to be a little better than expected because of the volatility We saw in the third quarter Jamie Diamond confirmed that Tuesday when he came out and said they're going to be higher than we thought You know remember the third quarter you're talking about July August and September those are three normally pretty slow months for trading historically Not this summer This summer we were rocking the whole time vixx was you know between 17 and 20 and 21 For a lot of that third quarter that's good That's some good trading so I think with the summer we had In a couple of weeks when when financials come out with their earnings. I think the trading revenues are going to be a little better You know and that's going to be interesting as we're just speaking here kevin This is what's going on. This is charts are moving. This is pretty phenomenal folks When we started speaking with kevin the s&p's were up eight points. They're up six The bonds as you just said, you know the 30 year had been up three. Well, we're down eighth right now and yeah, they They just broke hard here bonds broke and and e-minis popped Right as since we came out of the air. I'm sitting here watching it on my on my screen as i'm talking to you guys and uh Yeah, there's some interesting movement going on here Well, you know what you know what i'm trying I mean we're all trying to wrap our heads around the you know the negative aspects But there's no doubt when drug code what they're going to do folks that november They're going to buy back 22 billion a month and bonds They they went down 10 more basis points and now they're at a negative half a percent. Yes, okay on on a rate And then they're They're going to do with it. They're going to do something else with the banks over there So the bank's not going to get hit as hard. I'm not quite sure How they they're shaking with I think some are going to be exempt from that. Yes, yeah um, but That's pretty intense man. I mean 20 billion monthly and I think it was something to the tune of as long as it takes You know the indefinite approach as long as it takes. Yeah. Yeah. Yeah, so that the market. Yeah, that's so I I would say that you know That the bottom line is that we're in a negative negative rate environment a huge way here, man I mean this is like pretty they're not going to stop buying those bonds to all as well No, it's all going to be well And now we're not even talking brexit, you know I mean brexit's going to be a whole different animal and it looks like I mean the pound is hanging tough here, you know, so A lot of moving pieces, man. So what are we going to be talking about on the show today, kev? Uh today, you know, uh, we were going to talk about oracle The oracle kind of pre-release our earnings yesterday. So we're going to talk about uh, Like folio's going to cover yeti, you know the cooler company. Yeah We're going to talk about broadcom that's got earnings after the bell and then we're going to talk about something interesting If you looked lawgreens boots alliance got downgraded and cvs got upgraded today So we're going to talk about a pair straight in those two names Nice nice, which corner are you going to go to the one on this corner or the one on that corner? Yeah, exactly. No doubt Listen folks 45 minutes to now outstanding program If you haven't test driven you think a swim platform really easy to do right as your tfnn Hit that band and bring it up. They'll allow you to trade the paper money Kevin you have a great one safe one, of course We look have a great weekend. We look forward to speaking the next Tuesday always great being out. Thanks for having me guys Thank you. Stay right there folks. Tommy and I come right back