 The following is a presentation of TFNN The TFNN Bull Bear trading hour every trading day live at 10 a.m. Eastern Call now tolls free at 877-927-6648 or internationally at 727-873-7618 The TFNN Bull Bear trading hour Now Tom and Tommy O'Brien Good morning everybody. I'm Tommy O'Brien comedy live from TFNN headquarters in St. Petersburg, Florida Tom's gonna join us right after the first break right now markets in all-time highs We start off December 16th Monday morning 30 minutes in the trading day We have the S&P at an all-time high right up against it We got an all-time high today currently up 23 points or the more than 7 tenths in the green trading at 31 91 Nasdaq up 76. That's almost nine tenths percent trading at 88 11 We've got the doll up 157 points more than half a percent trading at 28,000 292 I covered it in the night in the excuse me 10 o'clock update and it would have been the 9 o'clock update But gotta cover it again for the beginning of the program quite a handle on the VIX very little volatility very little fear Well on the dot we did have an 11 handle just a few minutes ago But as you'd expect it seems like regardless of if there's details or not in the potential phase one deal with China It seems to have at least stalled the new tariffs that we're gonna go into place on Sunday The market taking the fear out of its way right now record highs and we'll start things off Let's jump over to some of the charts. We'll start it off with the indices. There's your dow Quite an acceleration right out of the gate. We were about 80 to 100 points higher right out of the gate We trade positive 28,000 314 in the Dow NASDAQ 100 trading higher right into the opening bell and then you get a pop as well even from the opening bell We go 85 72 we're now right at 8600. We'll call it in the NASDAQ 100 S&Ps making almost an all-time high as we speak 31 96 looking at the March contract. We very well may get a 3200 print by the time we're off the air or even today full contract 1482 holding up well in the face of continued market strength and Crude oil above $60 $60 and eight pennies jumping over to the forex market a little bit of dollar weakness I believe the dollar index a basket of currencies that we cover many times is now under 97 we'll jump to that when Tom gets in here and 111 57 right now on the euro In terms of what else is happening across the market jumping to some of the stories driving the action one story I liked this morning on CMBC will cover so Goldman out there talking about one of the big worries is the decline in Stock buybacks, of course massive corporate tax cuts a lot of that going to share buybacks buybacks this year alone down 15% according to Goldman Sachs. They expect a further 5% decline in 2020 something I found pretty remarkable the demand created by buybacks as outpaced demand from other sources such as mutual funds Since 2011 that's eight years that companies buying back their own shares has outpaced demand from other sources like mutual funds That is quite a number giving repurchases increased importance in the US market. They bring that down even to how it shapes earnings and So Goldman estimates the buybacks will be down 15% to 710 billion this year and declining another 5% in 2020 earnings per share This is what I found really interesting and how it ties in it makes sense earnings per share growth as outpaced earnings growth By an average of 2.6 percent over the past 15 years for the median S&P 500 company a gap that may close If buybacks decrease it makes sense right you stop buying back as many shares You can't you have to each share doesn't get as big of a pie of the earnings That's one way to grow those earnings Interesting article. What else we have news homebuilder confidence We'll bring this headline over again quite a headline homebo homebuilder confidence jumping to I believe 20 years Yes highest level in 20 years Builder confidence in the newly built single family home market jump five points in December to 76 highest reading since 1999 current sales conditions rose seven points to 84 and Expectations next month are just 79 as that real estate market jumps on Disney now with their sixth billion dollar movie of the year and they have a Star Wars movie coming out I believe December 20th. We'll give them a plug Frozen 2 now Disney's sixth billion dollar movie of 2019 surpassing one billion dollar mark on Saturday I believe they're closing in this might have got them to ten billion dollars in just box office sales this year alone And again, they have a Star Wars movie that's gonna jump that at the end of the year Jumping over to Disney shares this morning Disney was positive pull back a bit still positive up above 35 cents or about a quarter percent in the face of a market That's up dramatically. That's pretty muted action Boeing shares this morning looks like the 737 max They may stop production for some period of time while that plane is out of flight And it looks like that plane going to be pushed back to least 2020 at some time Boeing trading lower on the news that they may halt production for a period of time Probably to let orders catch up so they don't have the build of surplus You've got Boeing shares now down 2.4 percent or down eight dollars, but that's a solid seven dollars We did we were down almost five percent at one point in Boeing shares other news politically The impeachment marches on House Judiciary Committee publishing full impeachment report I believe the full house is going to vote on Wednesday looks to be a party line vote Of an impeachment of the president then the trial heads to the Senate interesting to see how that shakes out Not really a market reaction to that for sure and jumping around as well We'll pull up the charts some of the other stocks this morning Micron shares up almost four percent as they get an acceleration overnight trade higher even from the open You've got micron shares right now trading at 53 21 Of course renewed trade optimism Even jumping over to Apple quite an acceleration this on the heels of the trade deal Apple even just last week Right. We're going back to Tuesday now. We had almost a 17 VIX at this point market pulling back a bit I believe we get a presidential tweet. That was actually Thursday, but we get some news That's what it was on Tuesday even Apple up 13 dollars from Tuesday morning Apple trading at an all-time high at 27924 jumping over to some of the other stocks the tech stocks Microsoft up almost a full percent up $1.23 Google shares up about eight tenths percent Facebook a tough week last week, of course reported that they may be under investigation and up about 1.6% and as we come into the holiday season 12 days to Christmas Amazon actually barely positive up about $2 and 41 cents right now or just over a tenth percent pulling back solid $5 Amazon on the top of that Jumping back and checking out some of these the Dow new highs as we speak 28,000 336 NASDAQ making all-time highs NASDAQ 18603 and have we gotten it yet not quite yet the S&P is trading at 31 97 Interesting that gold trading right with the market usually we've seen some inverse Relationships going on with gold you have gold making session highs for the day just as the S&P is making session highs for the day Gold just touched 1484 and the euro US dollars are in at 111 52 If you're out there check out the front page of TFNN comm I have a market report up there from Monday got a good chart of the markets oil gold the bond The note everything going on this morning and of course on the front page of TFNN running through this week only Check out the tiger dollar sale runs through Sunday You can get up to a 40% bonus on whatever you spend and that is a double of the normal bonuses usually 10 15 or 20% This week only through Sunday. That'll end December 22nd, which is Sunday pretty remarkable Christmas next Wednesday and Tiger dollars 10 15 20% we've doubled it now It's 20 30 and 40% bonus through Sunday check it out on the front page of TFNN before that end stay tuned folks Coming back Tom will be joining us. We got markets at all-time highs S&Ps up almost 20 points right now. We'll be right back If you're not currently using the Taz profile scanner when looking at setting up your trading opportunities Then your arsenal is short a mighty weapon The Taz profile scanner is a standalone piece of software that instantly filters over 2,500 global financial markets such as stocks ETFs commodity futures and Forex headed by Steve Dahl Taz understands that in today's Technological world the use of top-flight software applications and technical analysis Expertise is essential to successful trading in today's market You also gain access to the webinar that Steve Dahl and Tom O'Brien just hosted the best way to use the Taz profile scanner to profit This webinar archive is available for all subscribers immediately upon signing up all new subscriptions also come with a 30-day money back Guarantee so you have nothing to risk start your subscription by visiting the front page of TFNN comm today And you'll find the Taz profile scanner under the services tab sign up today 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 727-329-8322 Or email us at Tiger at TFNN.com that's 727-329-8322 call us today Many of our new listeners have heard about the Tiger's Den The Tiger's Den is a lively community where professional traders and investors can meet, exchange ideas and information in a comfortable moderated atmosphere Hear all of the TFNN shows plus see all the charts as they happen live and have access to archives of all of those charts You can test drive the Tiger's Den absolutely free for 30 days and greatly enrich your knowledge of these markets and how to make your money work for you Details on the Tiger's Den are on the front page of TFNN.com Whether you're watching Tiger TV live in high definition or just accessing your newsletter subscriptions We even have new pricing in six months and yearly options Check out the new TFNN.com now and experience all the upgrades TFNN.com educating investors We appreciate your morale and a problem with us out here We have the Dow Industries up 194, Nasdaq up 83, S&P up 23 Gold contract up a buck 70 at 14.82 an ounce Silver up 7 cents, $17.08 an ounce Light suede crude flat, $60.13 Notes and bonds, you get the 10 year down 13 ticks, $128.20 30 year off 25 at 157.14 Kingdoll down 213 ticks trade 96 958 euros at 111 yen is at 109.5 And the pound is at 133 to 1 US dollar And I just heard it Tom saying that the Dow is at all time highs also And that's pretty incredible when you get Boeing Oh man right? They've got a little pocket down like 2.5% I think on that news for Boeing That's the Dow could be getting quite yet 2.10 And it's paying some of those losses though Boeing was down almost 5% down 2.17% That's pretty incredible man So if we look at the point side of this folks Boeing's putting 49 points in which is nothing I mean for where this thing was Well 227 I think it was at Yes I believe so It was adding like almost double that At least more than double that So we went to 326 Maybe the market's saying Oh we kind of knew this maybe I mean the production halted a different deal But it makes sense that if it's not going to be back in circulation Not approved going into 2020 They're probably like why are we just firing out planes over and over and over We can't even fly them or sell them yet Let's pause that production for a couple months to save some of the costs Inside the NDX100 the leaders out here You got Weston Digital is up 6.5% You got Tesla up 4.5% You got Micron Tech up 4.3 And Biomile up 3.5 Taken away from its small numbers man You got PepsiCo down 1% You got Pfizer Yeah that's down to 7 tenths Other than that bottom line is that You get some action out here man The gold contract right now We take a look at gold What's going to get intriguing here There's no doubt that the market's up You know gold won't give it up We had some good volume last week I mean this thing didn't hold price when it got to 14.91 But we are pushing into that swing And it has the volume behind the move That was good volume was 410,000 contracts And of course that's going to be about the good old US dollar So yeah under 97 are we still there There we go 96, 96 So it broke your consolidation last week That number is 97, 141 And bottom line is that I suspect We're going to build some cars right now To try to get down to this 95, 843 Yeah not far almost just 1 dollar Right and that's going to be about folks This is you know the pound broke top side The pound is broken it's downtrend The Euro hasn't yet but it's very close I mean you can almost make the case that It has broken it but I didn't like How the hell did I keep broken it I'll show you something here I mean if you actually take this thing and say Okay on a monthly basis I know the month's not over yet But if we take this and we attach all these You can see it's sticking outside of that But what I really want to see I want to see a wide price spread in that bar To get up there like 112 and a half or something And be like okay you want to go higher You know Yes So no doubt a lot of moving pieces out here The Tomorrow we're going to have Fred Erneston The Gold CEO It'll be interesting And I know you have Rob McEwen Wednesday Wednesday at 3.15 At 3.15 Right Some of the higher volume equities out here today Let's take a look And this is the last trading Last full trading week Yes Of the year Of the year I was going to say of the Yeah of the year So some of the higher volume equities out here You had Uber up 153 And Travis just keeps selling everything around I saw that You know I saw that Headline jumping around here Yeah Roku's up Two and a half He could Apple up four and a half Freeport and Mac Marin still moving That's up 33 cents 1332 And that's going to be about Good ol' copper work So watch this This copper market man wants to go New gold report out today I'll give it a quick plug of course Yeah Freeport covered in there Check it out And We take a look at copper Okay so we're over the 180 mark This is a big deal man Because you know this This baby HG Let me just do I got to do the generic contract Okay so we're 281 85 Yeah I mean this You can make the case this thing wants to go to that 332 Next stop would be 299 But that's free to the 32s game You know When you take a look at this one And see this is the type of break Now this is also in a monthly And of course we're not over the month But that's the type of break That I like to see You know you're breaking that down trend With conviction That's you know we've just gone from 260 to 282 so far And you know you got to A couple more weeks for the month Yeah How about we'll pull up this article on Uber This interesting stuff man Being the insider And they talk about The current CEO but we'll get into it So Travis Kalanek sold another 350 million more of his stock This month bringing the total 2.1 billion He's worth about 3 billion So now he's only got about 20% That says it was net worth As of now Right Tied up in Uber still Also co-founder It's remarkable how One guy you know He gets all the press There were probably other people Involved in the beginning They call this person Have you ever heard of this person No Neither have I And somehow he's a co-founder Yes and reduce his stake Though not on the scale of Kalanek He sold about 35 million Of his shares a fraction Of the 2.1 billion holding Yeah almost like a drop In the bucket Maybe he just wanted to buy A nice house Out in LA for 35 million If you have 2.1 billion That's really not Yes It's remarkable though That they mentioned The current CEO Not remarkable But taken in context Plought 7 million Dollars worth So you have Kalanek dumping 2.1 billion Right And you have the current CEO buying 7 million That's like 1 300 Just for reference of 2 billion You know 1 300 Yeah So let's see Who's coming into the largest ownership Well look at this This is so funny No that's the wrong one Okay Okay Like who is this Frank Russell Gentlemen Yeah exactly Okay Is he cornering The market in Hoover Seriously man That's the Russell 2000 of course PXDC That's pretty funny Okay So security ownership We're at 30 million PXDC PXDC Okay so security ownership We're at 30 dollars and 2 pennies You got There you go Soft bank Okay How would I forget that 13% 13% Benchmark capital 8 Yeah Public investment That's going to be some Public fund And then there's Garrett The co-founder It would make sense right You have the other co-founder Dumping all of his shares He's got 4.2% Of the company outstanding Yeah And there's Travis down there Okay Still sitting at 21 million shares Yeah 1.3 Let's see So the latest change is The buyer's Hillhouse capital Look at this Wellington Went in Holy cow That's in September Only in December Okay And the sellers In the American capital group So that's a That's a big Mutual fund out in California Citadel got rid of everything Look at that It's September right That's September 19 Yes iPhone number is 877-927-6648 Give us a call folks Wanna know what's going on In the y'all world In the world of the markets Bottom line is that You are at All time highs You get that out It almost 200 199 That's up 91 S&P's up 25 We'll come right back We've doubled the normal bonuses Where you can now get up to a 20, 30 Or even a 40% bonus On your tiger dollar purchase Tiger dollars can be used For all Tf&N newsletters, Products or services Are fully transferable And never expire If you're a current Tf&N newsletter subscriber Then 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Dow. Dow's up 186 Nasdaq's up 91. S&Ps are up 24. Let's go to our man, Jim In Palm Harbor. Hey, Jim, what's going on? Good morning here, y'all. Morning, man. Morning, Jim. Great to hear from you. Happy holidays. Morning. Yeah, Merry Christmas. Merry Christmas, man. Merry Christmas to you too, man. We're gonna make it a great 2020. Yeah, another beautiful day, too, isn't it? Oh, folks. We had weather here today. We had weather here today. Today, too, isn't it? Oh, folks, we had weather here. I mean, it broke about three weeks ago, but it's like 75 every day. It's gorgeous, man. December, January, February. Those are our beautiful months. Seriously. Come on down. Right now. That's right. Totally, man. So, we're going shopping? I'm sorry. Go ahead. We're going shopping? No. My wife's already done it all. No. What I mean by Home Depot. We're going shopping. Home Depot. Yeah. Yeah. Home Depot. I was looking at the gap back around 820. Yeah. And it's gotten into it just a little bit. And I was wondering if that would probably be, if you think it'd go any lower or whether that'd be a good spot to maybe buy a little bit. So, the gap that Jim's talking about is that 208. 82. That was sign of strength in August. The equity took off at August 15th and doesn't stop until 235 going up to September 12th. So, we came back down. You got to 210. 21061. So, 21061 versus 208. So, let's put this on a daily I mean a weekly for a second. So, you've come right back into the breakout area. I mean it's you know, the 37 million shares that's when it broke topside. Check out his consultancy in August. We have 37.1. We come down with 34.8. So, the real question is like can you test the 210 again, Jim, right? That's how I'd kind of look at that. Now, saying that what I don't really looking at this if I go over and look at lows I mean I know they're they're both in the same business. The differential is that Home Depot takes care of more contractors and lows it's much more of not a wholesale but they just that's what they specialize in and you know, lows is almost at highs again. You know, so I would say that yeah, this is not a bad place to bite on it really. You know what I'm saying is you'd want more volume to come in and you'd have to realize that you can retest that 210 area again. That's kind of where I'd sit with this. You see what I'm saying? Yeah, I did. Not necessarily like but when I look at volume you know, the week that it got smoked on November 22nd we came down with 44 million. Okay. And then we came down to get hard last week with 34. Now you're going into the 37 but you can see you did have a contraction but sometimes when it's only like 3 million it's like it's a lot of volume on the way down there it is a lot of volume you know, so that's one of the parameters and then what would end up happening so picture this so you're down side right now is I would say good $5 right? On the upside it has to get inside 217 to do anything there'll be some real heavy resistance that 217 but if it gets inside it guess what? The bottom line is it can go all the way up to the top again you know and I kind of quite understand as Home Depot getting whacked like that and low still staying at high for sure that's you know that's a big deal and certainly the interest rates haven't gone up to kill the housing market you know we're still at 1.8 I believe yeah 1.866 on the 10 year man there was a report out this morning to you that the home homebuilder sentiment was at the highest it's been since 1999 I think yeah there's still what has happened in this cycle is that the amount of permits and the amount of houses that have got built is still dramatically low compared to any other cycle so the country needs houses that's the bottom line you know what I mean yeah you often hear in supply there is especially as a lot of those houses scooped up by private equity even right and then rented out to not put on the market great point and they'll never be back on the market that's that's that's huge point the large funds houses folks they'll never sell those houses they'll sell them to another fund because the because as soon as you sell them you don't make any more money meaning even management fees that is that's like an ETF now yeah you know so those houses are off the market period if they do ever sell them the only thing I'd say is watch out because that might be another bubble coming at it if you know if they do choose to sell them because you're exactly right in everything you say yeah so yeah time to go shopping hey it's just I'm just a very little guy and I don't want to stick my neck out too far so if I do anything on Home Depot it'd probably be just the nibble a little right here yeah it'd be big above 117 I mean 217 I'd probably get in a little more that'd be the way to do it because what what does happen is that then you know you really we'd love to see is a sign of strength too I mean a sign of strength folks means that you have wide price spread you get an acceleration of volume it's it's exactly what we went into in August you know what I'm saying that was that's a real sign of strength you get a couple days and you know you jump up seven eight points and you have volume behind the move the theory is is that that's when the fund is coming in someone big is coming into the equity you know what I'm saying so but I like the trade there I like the trade I mean so I think about it you know we look at Walmart we look at Lowe's right you have excuse me you have Home Depot and then you have Lowe's and you have a similar relationship I think of it like Walmart versus Target where you have the huge company and then you have the competitor that's a lot smaller that does a great job though and I wonder if those companies what's to prevent the smaller company catching up in the world of online dominating everything because they're both going to have everything online they're both friends going on so I sometimes I think Lowe's might be and you know if everything's doing well maybe that's part of the reason why you have Home Depot you know I mean everybody's going to start competing because all you need is a website and a factory and what happens is that Lowe's has more designer things for people's houses they do it's more geared towards retail I think I enjoy as a retail customer when I'm going in on the weekend I need a cooking brother okay thank you I appreciate the call still watching you all the time we appreciate it man always happy to see you calling man okay have a good one have a great holiday thanks Jim totally yeah you know I think about that all the time it's just something for people to think about because in general why are those companies why Walmart's so much bigger why can't they both just be competing for customers if you have the same thing Target has great deals man you're almost all competing with Amazon and I wonder if we're going to see some of those smaller companies catch up when you have that I say smaller still 50 to 80 billion companies and that's why they're going to be able to compete pretty close there's no doubt that they can just look at the other people's inventory you're online well and that's what I'm saying exactly you know why do you have so many more sales if you're both basically competing in the same arena coming out of China man they're all exporting from China so it's like okay what factor are you exporting from you know what I mean stay right there folks Tommy and I come right back we have the Dow industry up 178 now it's like up 90 S&Ps up 23 we're going to be 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 country where you can build and hold for 10 years and pay no tax on the profits which makes these lots valuable 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 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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 welcome back folks Dow up 186 Nasdaq up 93 S&P's up 25 and the repo market we're going to be talking about the repo market right into the new year folks because this is so intriguing I mean they're being over subscribed in a huge way it's become the norm oh yeah it has and the Fed came out last week saying they're going to put in like 485 billion it was close to a trillion dollars in that market last night so what happened last night the small right plus billion inbids for the Fed's 32-day term which excuse me which matures January 17 that was more than even the 50 billion they're offering 50 billion and they can't even soak up all of the market demand fourth term offering that is providing funding past the year end while scrutiny the funding market is only set to intensify December unfolds investors are also keeping an eye on the middle of the month that's when the market faces potential pressures from treasury settlements and corporate tax payments currently the rate for overnight general collateral repo agreements is around 1.6 after trading at 1.7 and the worry of course is that that's going to spike if the market is not yes making it up to almost 10 percent exactly not only is the repo repo operation fully subscribed but also the fact that in mid December with all of the settlements and all the outflows you're seeing repo staying relatively well-behaved this is the head of US interest trade strategy stable well that's one man's opinion we will find out yeah concerns last week that the market may be underpricing the risk of turmoil that the overnight rates would jump higher which had at least one analyst speculating the Fed may need to embark on another round they've been it's September 17 and that quantitative reason now that's what this is they a picture a month ago six weeks ago a repo was an overnight rate yes right and they expanded it they have expanded and now they expanded to get over the first of the year yes so I mean that's quantitative reason that there's more money in the marketplace yeah I mean for sure they need to come in with a supply to make sure the market functions right and it's amazing that that spike time flies man we're at literally almost three months to the day since that ten percent spike and we're still persisting you know when and that is the day September 17 when that overnight rate jumped from two percent to ten percent and before Monday's action the three prior all over subscribed right yeah and we move up a little this is what happened on September 17 folks what happened is that the tax payments were due oh so now this is this is important to understand just how this works right the way that it normally works like just even without payroll right you know we have payroll service the money's always you know the payroll that's automatic right you know what I mean but what happens is that the tax payment is due like sure when you when you have payroll companies yes they take it out the exact same day well what happens is that picture here on Amazon and Apple all that money's been sitting in the bank right but everything is getting drawn out that day yes that's what and then simultaneously what had happened September 17 is that the treasury came out and was selling tenure notes as well as 30 of bonds that's perfect storm they needed more money you know so and the last thing just the size of everything the Fed also conducted an overnight repo operation Monday with a limit of 120 billion as with the most recent of these actions under prescribed subscribers excuse me attracting just 36 so I wonder how those in terms of an overnight repo in that level of 120 versus the 32-day repo oh yeah that's the difference there going through the end of the end of the year okay everyone's saying I don't need this money like right now tomorrow I need this money for 32 days and I'll give it back to you January 15th right that's good to know because I got confused your second there too I said wait a second why is all that 120 million oh right that's only an actual this is supposed to be an overnight yes it always was and everyone's saying now no no I don't care about tonight I care about through the end of the year so that'll be interesting no no no how about yeah how about taking let's see if we can find the article just referencing it if not we'll pull it up but frozen 2 now their sixth billion dollar yeah so they don't have a headline ah frozen 2 well there's you know it's probably a headline all over across this one billion market global box office so pretty remarkable let me see if I can find where we're at here that one billion there we go believe they're over ten billion dollars in box office sales for the year right now we have a Star Wars movie I think the the final one we should get that one for sure we've had a final one for a long time I know right maybe the final of this saga series but they passed a billion dollars and you know you just listen to the names you know Captain Marvel Aladdin Lion King Avengers Endgame Toy Story 4 we're all familiar with almost all of them and they've all passed this year so this is the sixth billion dollar movie think about that's just box office sales right let alone the revenue that you can have in your Disney Plus service I haven't got my money yet I want to see one of those I haven't seen any of those yet yeah I have not seen any of them I want to have the Lion King I would like to see the Lion King at one point for sure I was not one of the ones that saw Avengers Endgame that was a monumental what are they do they get to two billion worldwide they may have yeah so and this one frozen two passing one billion and that's from a sequel to the 2013 and as we've become familiar many even myself but Disney pretty muted this morning is that pretty priced into the market and you check out Disney shows talk about a run right just making that high at 153 you back things up to when they first announced real plans that is when they announced the pricing of Disney Plus going in April when everybody 117 yeah and that's when everyone found out I believe it's going to be like 699 or 599 isn't even for Disney so 147 on the dot but I will be and I think I'll be getting that bundle Disney Hulu ESPN okay for 1399 I think cheap money it is I know the Patriots one right thank God did they I was busy yesterday yeah okay I did I wasn't able to catch football yesterday I guess they did the last quarter and I could they weren't on CBS in Florida so yeah that's when it is tough sometimes watching something else 9276 64 we need all the games on Amazon Prime I know we do speaking of jumping from Disney streaming service so let's go look at the palladium market because this thing just never stops okay so palladium I'll go into the maybe the bottom one active okay yeah I should have went active okay we'll find out if this is the active one oh my God look at this it's up 55 dollars this is like so had to comprehend look at that 1947 dollars I always want to look at the difference between the spread platinum so I'll do the platinum active contract has a 931 and you see this this is like okay so I'm going to compare this to this platinum so now I want to palladium and active you see the active get right under there there we go okay beautiful okay so we'll update that when you see this this is like pretty sick so bring this back yeah I don't know bring it back ten years in a monthly or something no I'll do it it only goes back I think because you're the first one up there is it's only going back well I just changed to a weekly so it looks better I think okay it only goes back like a year and a half oh yeah yeah the spread is pretty had to comprehend a thousand dollars more than platinum and platinum bottom line is it well was more precious metal that's was is the is the number stay right there folks come right back no man I'm certain you are or strive to be one of the best of the best in everything you do in life it's the most common trade that we tigers and tigers 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 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 to the best of the best when it comes to managing my money I'll teach you the exact set of tools as well as provide great market calls to sign up today if you're a 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market technical indicators enhance 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 by visiting the front page of tfnn.com cancel it 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 there's just a ton of pictures just click on this number it doesn't matter if you're trying to focus on calisthenics basically I think we have a big silver screen yeah and if you are watching on T.V. Platinum at 1882 and you had Palladium at 614. Did I say that right? You got to keep them on the same point of the chart though. So just hold it right here, right? So where are we right here? August of 2011, you had, yeah, Platinum at 1826, I believe, and Palladium at 756. And you can see the shift. It's a slow gradual one, quite an acceleration from 2016. And at that time, you had come a little bit there both. Let's see. So Platinum at 829, Palladium at 500, and that's when Palladium, one of the four, almost four times the run for Palladium from 500 up to 1935 now. And in that time, you've had Platinum go from basically 830 to 930. And you really, if we started in August of 2016, that's when you actually had Platinum at 1188, now down almost $200 versus Palladium from 700 to 1900. Yeah. I had to comprehend, man, you know, but bottom line is that this is all about cars, you know, and, you know, small amounts go in every car, but bottom line is that that supply has changed. 11 o'clock already. My God. Yes, it is. Boy, it caught me too. It did. Folks, stay right there. We'll get that. I think I'll swim coming up next. Thanks, man. Thanks, man. We'll get them, folks. Thanks, man. Well, we'll get them, folks.