 The following is a presentation of TFNN. The TFNN Pull Bear Trading Hour. Every trading day, live at 10 a.m. Eastern. Call now. Toll free at 877-927-6648 or internationally at 727-873-7618. The TFNN Pull Bear Trading Hour. Now, Tom and Tommy O'Brien. Welcome folks, appreciate your growl and a problem with us out here. We have the Dow Industries up 19, NASDAQ up 35, S&P's up 5, Gold Contract up $22 trading at $15.25 an ounce. You got Silver up 19 cents, $18.35 an ounce. Light Sweet Crew, that's getting whacked. Down to $1.27, $54.47 a barrel. We were at 58 bucks yesterday. Like nothing, man. Notes and bonds, 10-year note up 3 ticks, $130. The 30-year bond up 8 ticks, $160, $106. It's going to get interesting in that market, folks. So you pull back, you had light volume. You've rejected lower price out here today. We'll see how this is going to shake out. Kingdoll is the big mover out here. Kingdoll is down 222 ticks, trading $97,955. Kingdoll was up almost a full penny. It owed 800 ticks this morning. Euro, Euro is at $1.10. That's got to turn around. That was getting smoked. That's decided to reject lower price. The Euro, the pound is at $123. The yen is at $107.69. Let's go over to our man, Mr. Kevin Hanks, a TD Ameritrade. Think of some women 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 defined risk options, the option market, futures, all the above. Great program. Kevin Hanks, what's going on? Good morning, Tom. Good morning, Tommy. Boy, another day, another big move in some of these names. And I think what really made this day move in these bonds move is two things. I thought Mario Draghi, and let's face it, all the announcements that he made were what we expected him to make. They were all pretty much expected, starting QE, lowering the deposit rate by 10 basis points. But the guidance was even more dovish than we thought it would be. 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 7.30 Chicago time, 8.30 Eastern. It was a little warm. It was a little on the low. Less food and energy, 2.4% of the year. That's getting a little warm there. But Mario Draghi, then his comments came out. He started talking. And like I said, it's going to 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 inflationary data. Big way, actually, you know what I mean? And that's why bonds have not held here. Yeah. You know, bonds were only up three ticks. 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 at 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 the movement is extraordinary. I just want to switch gears on here for a second. Because folks, if you were listening here on Tuesday when Kevin came on, the speculation, of course we're in the speculative business of bottom on what Kevin was talking about, the rotation. And you talk about a rotation coming in, Kevin Hanks. Oh my god, meaning into the small caps. It might have been a speculation on Tuesday morning, but it certainly wasn't Wednesday and Thursday, right? Right. Right, it's pretty interesting. I mean, what they did, it was anything that had big numbers on it. And they went after what? They went after financials. They went after the Russell. And they even went after some beat up industrials. I'm telling you, man. So it was pretty impressive. And it's fascinating because it wasn't just selling. When the Ruffles having a move like that, that's a rotation. Yeah, we haven't seen something like that in a long period of time. No, you're right, it's been months and months and months. Almost a year and a half since we saw a rotation like this. Yeah, and the theory behind it, folks, would be that large money managers are getting out of momentum stocks at taking their profits because they made a fortune. And they're saying, OK, I'm actually going to go into value. And we've heard for a good couple of years that value is where it's at, but yet the value kept going down, down, down. So it came through. Now we'll find out just how far it goes, man. Yeah, I mean, think about what they were buying. The Russell was strong in many ways because they were buying regional banks, right? Which is such a big percentage of the Russell. That was lifting the Russell. And with financials, Jamie Dimon coming out saying, the other thing that I've 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 Dimon confirmed that Tuesday when he came out and said, they're going to be higher than we thought. 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. VIX was between 17 and 20 and 21 for a lot of that third quarter. That's some good trading. So I think with the summer we had in a couple of weeks when financials come out with their earnings. I think the trading revenues are going to be a little better. And that's going to be interesting. As we're just speaking here, Kevin, this is. What's going on? This is pretty phenomenal, folks. When we started speaking with Kevin, the S&Ps were up eight points. They're up 16. The bonds, as you just said, the 30 had been up three while we're down eighth right now. Yeah, they just broke hard here. Bonds broke, and E-minis popped right as since we came out of the air. I'm sitting here watching it on my screen as I'm talking to you guys. And yeah, there's some interesting movement going on here. We're still talking out there. Well, you know what, I'm trying to wrap my heads around the negative aspects. But there's no doubt when they're going to do, folks, that November they're going to buy back $22 billion a month in bonds. They went down 10 more basis points. Now they're at a negative half a percent. Okay, on a rate. And then they're going to do something else with the banks over there, so the banks aren't going to get hit as hard. And I'm not quite sure how they're shaking with that. I think some are going to be exempt from that. Yes, yeah. But that's pretty intense, man. And the $20 billion monthly, and I think it was something to the tune of as long as it takes the indefinite approach. As long as it takes. Yeah, yeah, yeah. So that's the market, yeah. And so I would say that the bottom line is that we're in a negative rate environment in a huge way here, man. I mean, this is like pretty impressive. They're not going to stop buying those bonds till all is well. When'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? Today, you know, we were going to talk about Oracle. Oracle kind of pre-released their earnings yesterday. So we're going to talk about, like, Folio's going to cover Yeti, you know, the cooler company. Oh, yeah. We're going to talk about Broadcom, that's got earnings you have to develop. And then we're going to talk about something interesting. If you looked, Walgreens Boots Alliance got downgraded and CVS got upgraded today. So we're going to talk about a pair of trade 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? Oh, yeah, exactly. No doubt. Listen, folks, 45 minutes from now, outstanding program. If you haven't test-driven, you'd think it's one platform really easy to do. Right as your TFNN, hit that ban and bring it up to allow you to trade the paper money. Kevin, you have a great one, safe one. Of course, we have a great weekend. We look forward to speaking the next Tuesday. Always great being out. Thanks for having me. Thank you. Stand right there, folks. Tommy and I are coming right back. 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So officials in the administration have discussed offering a limited trade agreement to China that would delay or even roll back some of the U.S. tariffs for the first time in exchange for Chinese commitments on intellectual property and agricultural purchases. Interesting. Trump had tweeted earlier about buying more agricultural products. So, uh, headway to this. And, uh, according to five people familiar. So, some of President Donald Trump's top trade advisers in recent days have discussed the plan in preparation for two rounds of face-to-face negotiations with Chinese officials in Washington taking place in the coming weeks. So, let's get it down to consumer goods. One of the main goals is to strike a deal that would allow the administration to avoid going ahead with more tariffs in December. So, cutting off those that had been announced that would hit consumer products from smartphones to toys to laptops. Also, in play is a further delay in a tariff rate hike due to a take effect in October. Yeah. And then they got intellectual property in here as well, but that news seemed like it hit the press right at about 10-10. And, uh, man-oh-man, right? The S&P, that's a five-minute bar from 3,004 to 3,019. You had it across the board. NASDAQ 100 just went. If you could back it up from 10 till 79-10 to 79, 78, just mammoth nine. And then even crude oil getting a pop from 54 up to 55. You can see that news right at 10-10, even hitting that market, and gold pulling back a bit. Yeah. Natural gas, right? We do. Thursday is natural gas. That's right. Let's jump over. We'll pull it up. I'm going to close these out real quick. So, we get the inventories at 10-30, jumping into commodities, natural gas into the dailies. We're trading right now at 2.53. So, we're looking at the October contract. And we know that they go in the fives, right? Yeah, usually. Right. So, you're going to get price points that usually go on the every nickel. So, trading at 2.53-6. Maybe you could get as close as 2.55. What's going to happen is on the 11 a.m., we're going to have 2.50 as an option to gain upward or downward exposure. And again, we kind of looked at yesterday with oil, though. This kind of sets up nice. I like to look at these trades if you are directionally biased, right? Number one, you have good trades on either direction almost in terms of this is not a bad trade. When you're getting in, you have a 20-cent spread, right? So, that's a big spread. So, as a result of that, though, it's going to trade almost at value. So, let's say you're going short. You're risking one to make two. You're selling it at 2.53-5 and it's trading at 2.53-6. That's a nice trade when you're that. Now, granted, there's probably as much exposure to the upside as downside, especially with 11 a.m. But you can do the same exact thing going in for the positive side. This one even a little bit better. So, you're going to be almost three ticks, but risking 40 a.m. It's exactly a four to four, right? Yeah, exactly a four to one. And for that four to one option in your favor, you have to buy it at 2.54-1 as opposed to 2.53-8. Not a bad buy when especially you have inventory numbers coming in nine minutes. So, let's see where the new ones line up. New contracts do give you that 2.55 option. So, a little bit closer. So, let's set this one up on volatility. It's going to have a little bit of a bearish bias because we're under 2.55. So, here's your bullish spread. That's going to be all premium. No intrinsic value. 11 bucks. There's your bearish spread. You start getting value at 2.55. We're trading at almost 2.54. So, about a penny you're paying. And that's why this is going to be the price you want. You're paying 11 cents more, which is about 1.1 pennies, which is intrinsic value. If it expires where it's at right now, you get 11 bucks back on the bearish side. And that's the 12 o'clock one. That's the 12. So, you're looking at 33 bucks, which is 3.3 pennies. Keeping in mind, you have exactly a one penny head start to the downside. Right. Right. And let's just see if the dailies line up at all. 230. We got 250 as our option. Go until a 230. Now, interesting, just to take a look at the same thing. If you're a bullish, this time you have profit potential up to 2.90. You're getting in a 2.54. The market is 2.53. But pretty sweet risk reward until 2.30. And the only thing you're basically paying for that is the 2.54. Over 2.53. 6 ticks. Right. Not bad. That's a lot of time. Yeah. Okay. So, let me pull up NG. Let's see. Active contract. What do we got here? So, 2.53. Have we had enough action in this market? That's been quite a run too. Oh, it's just huge, man. That only goes back to August 5th. It's September 12th. And you're talking about going from, I mean, for simplicity's sake, call it 2 bucks to 260. Yeah. So, let's take a look at this. Well. I mean, even yesterday, right? Yeah. Even you back it up until Tuesday. We were just sitting at 2.64. We just touched 2.52. It's 12 pennies. That's pretty amazing. Yeah. Well. We've seen oil back off in that time dramatically as well. Yeah. Right? Yeah. Hey, we'll see what happens. I think it's going to have a hard time getting it to a higher price. Can we go into the whisper? W-H-I-S? W-H-I-S. Let's put in a value. I think they give us until five minutes ahead of time. They sure do. It's open. We've got 60 seconds. Okay. So the whisper number's going to be 81. We think there's going to be more or less. We're going to have to get a poll going. Yeah. On the TFNN site when these come up. We'll get a poll. We'll do it for the first 20 minutes of the program. Right. And then we'll get to peg it. So, you know, it's interesting here is that the survey number is 81 plus the whisper. And that's unusual and that's the same. Yeah. Everyone's agreeing with it. Yeah. And the whisper number is, I believe, like the Bloomberg number. Yeah. That's, you know, people like us are about to bid. Where does that number average out? Right. So keep in mind that it could be just very, very abstract. Totally. There's no money wagered on that whisper number. Right. What are you going to put in? What are you going to put? We're going to put, how about, how about we go, we go low? We go 68. Ooh. That means we go up big time. Yeah. We want higher prices. We just went from two bucks to 260. We're going to keep the, we're going to keep the run going to the upset. Oh my God. All right. We're in at 68. All right. Let's jump around. So the volatility is going to be out here today. There's no doubt about that. I mean, the real question is going to be, is that what does the market believe? Does the market believe that that's the mantra going out there that they always got to keep pushing something out on the trade, trying to trade talks to basically both bully this market. Yes. Okay. Because the bottom line is that this is turning into a huge political deal too. Between the farmers, between, you know, taxes. So I've been saying right now we get the election in 14 months, so this is going to wrap up. New say from the president, no matter where you fall in the political aisle, he could use a win no matter what over the next 14 months, and the president is going to be aware that they're running for election. And interestingly enough, you have a Democratic debate tonight. First time you have the 10 candidates on the stage at the same time as this number comes out. But nonetheless, you're saying it's going to get political. We have a debate for the first time, all the candidates on the stage tonight. So it will start really getting into that. Oh yeah. I mean, take a look at King Dala, folks. You know, this was quite a move both ways. And, you know, what this would be saying, you know, King Dala, try to get to that high, the last high. Last swing high was 98, 900. Look at that bar. High to low for today. Yeah. Yeah. So it didn't make it. It made 98, 670. Okay. Then it gave it up. Now, if you were looking at the, how the Euro is trading, it's almost, you know, the Euro basically got destroyed and then you're right back. Yeah. Everything had. We'll have to pull up the chart of even the bonds, but same exact, you know, all over the place from now. Yeah. And what that would be saying is that, guess what? We're going to be so, so picture. Yeah. They went down in rates again. Fundamentally, they say that the Euro should be worth less money, right? Yes. But then the market is saying, well, guess what? We're going to go down in rates too. So this is going to be a tit for tat. You know what I mean? 11 Nasdaq, up 63 SPs of 14. Tell me, I can write back with these gas numbers, folks. Hi, folks. Tom O'Brien here. If you'd like to get my daily newsletter of 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. Included in Market Insights are TFs and even options, which stops and price targets included for every trade in my newsletter. If you'd like to try my newsletter at risk-free for 30 days, then head over to the front page of TFNN and you'll find Market Insights under Trading Newsletters. I use my years of trading experience to bisect and dissect the market every morning and give my subscribers the most important information they need to know for the day ahead. I even issue afternoon updates for my subscribers whenever warranted with important market action. 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For more information, just click the Think or Swim banner on the front page of tfnn.com. The Cash Stock Piles Rules, 78BCF. We'll be right back with the 68. I should have went for the 78 undercut, but let's see, we still were about three under, right? And natural gas, quick spike above. You were trading right at about 254. We came into that, so a blip over 255, and now we're sitting right in the middle, 254.64. Not a huge miss from the 81 number, but a miss nonetheless. And we'll see how it shakes out. I was reading an article that Glut is coming from, right? It's a monster. I've already seen this. Yeah, look at, so we're restoring production in the Permian Basin of West Texas and New Mexico where gas is extracted as a byproduct of oil drilling will help push prices. This article is estimating below the $2 per million BTU. And to really put it home, check out the production. Just going to talk about how the consumption is not keeping up with that and that is causing the build. Though demand is rising as exports climb and more gas-fired power plants are built, the boost in consumption has been no match for surging output from the shale basin. So we got a big isn't that amazing? It is amazing. We got a you know, a glut. They were looking for an even bigger glut though. So that's where things matter and the gas just is everywhere. Yeah. You want some volatility man. That's why I kind of like going over those trades. Oil too moves so quick because if you're trading that number in like a futures market ahead of man I would be sweating if that number ever came out really wrong. That's why they call the natural gas the widow maker. You know it's you know as you can see already two to three pennies we're getting an acceleration out of higher prices. We'll check back by the time we check back we're going to say 260 maybe we'll see. Let's go take a look at some of the higher volume equities out here and see what's moving around. Oh actually what I want to do first you were talking about this Wal-Mart. Pretty cool man. Let's see this Wal-Mart deal. Pretty cool. What is so Wal-Mart's up 38 cents right now. That is trading one more time please. So one six I think it might have even been let me just check real quick before because I think it might have been higher even pre-market. Let's see. No that's basically on the open it was. So the story out there will go into it is grocery delivery right. Ninety eight dollars I believe yes so annual service ninety eight dollars for grocery delivery if you use the service what a convenience and I'm not even advertising right you pay dollars a year which is on top of having to be a prime member so you're talking about two ninety nine now there's a tremendous amount of value that comes with that prime delivery but still hundred and eighty on top of one nineteen and even if you have a student discount to talk so unlimited free grocery deliveries through the retailer will continue to offer pay per delivery service so they had tested in Tampa I'm unaware I gotta get on the hook there but it's now coming to two hundred metro areas where the company already offers delivery service will be available in more than sixteen hundred stores fifty percent of the country by the end of this calendar year we're just we're definitely delivery it's on the cost right everything and that's why I instinctively because they pretty similar look on that on that news that it popped higher from under one oh nine to almost one oh nine sixty seven you know that could be the market but I feel like that's the market saying hey you know what these companies are equipped to roll out something like that you get some stable subscription revenue which is pretty cool and on it's on top of paying for the goods you're paying hundred dollars a year to only get your groceries from Walmart have you got groceries to live in before? I have not now I've tried a meal service which I didn't like because those actually were too much food to cook too often you didn't have as much choices but I love the idea and I might do it I imagine especially if you had a family with kids where you are on a set set schedule I'm on less of a schedule to that I just see it as a tremendous value I mean seriously talk about time value for people who's time I happen to have more time to donate that trip to the grocery store the value of your time folks I mean just tremendous if you do one hour a week that's 52 hours for a hundred dollars you're saving two dollars an hour is your time worth that for most people it definitely is and that's only one hour a week I imagine people spend more than that sometimes in the supermarket two trips for half an hour or something easy there's the reason I'm asking I've done it once we went sailing a little bit to folks you know when I was sailing up a new port I got it delivered to the boat and it was a great service okay because it's two different things you're not lugging anything definitely now this what the difference was right the difference is is that you're not picking out your vegetables okay you know and it was still worth it you don't get me wrong but it was kind of intriguing you know what I'm saying myself okay so it depends on yourself I mean to be fair is Walmart produce as fresh as Amazon's Whole Foods I mean that's where you're going to have that for sure so they have some brand loyalty I'm sure Walmart a little bit of brand loyalty I wouldn't say problems but do you associate them with the freshest of produce not in my head I don't you know but they might get there they definitely might well you know it's interesting just to finish I don't have a problem with them they're the discount you know that's what I think of to them I don't think of the freshest quality produce I think of a discount major retailer right versus Amazon I think of the same thing but then they have the Whole Foods brand so they have the best of both words a little bit so they're there now that being said now not the big Walmots but they have the smaller Walmots open 24 hours now the one down the street from my house is phenomenal yeah I wish I could think of names the community local they go through so much you know what I mean when you walk in now it doesn't look as pretty right but that's fresh beyond belief because I think they're rolling it out and there's boxes everywhere do you know what I mean but you know so yeah you know even if you separate that out right where you go for your produce though I mean just massive amount of items that you go to that are on the regular oh for sure you can pick out whether it's cereal milk 98 bucks man not bad you're paying more than that in gas big time yeah and then again your time people don't often value time well enough in terms of going after something that might you know I cost you you know save you $50 but are you gonna spend 20 hours of time tracking down this $50 reimbursement for something you know if you have that time and you enjoy it more credit to you but if you're not a lot of people do that equation in their head that use that and you'll end up with more than $50 of value somewhere you know it's almost folks it seems like 10 years from now half the cars and trucks on the highway are going to be delivery yeah I thought you were going to say the other half are going to be ride share yeah yeah because cars man you want to talk about expensive and the value of your time imagine you get all that time back that you're driving let alone right half hour to work one nazik of 55 recipes up 13 stay right there folks Tommy and I 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 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prospectus please contact direction shares at 866-4767523 the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors and 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 folks I doubt I was up 96 Nasdaq's up 53 S&P's are up 12 let's just go look at these S&P's for a bit I mean we have been all over the place here like Kevin said man action every day right look at this I know that pop we're pulling back now and lots of own equities themselves moving I saw Apple was up again today look at that low 3,275 and the high 3,022 so that was a 950 and then at 1010 you have 20 paint points and again that was that China news potential deal or delay of tariffs and we've paired some of that though yeah and where we are right now this is going to be the number I mean it's 3,015 sure yeah we've been kind of oscillating around that all the way since you call it late last night yeah you know you get back inside that then you get game down at the bottom which would be pretty shocking for the market in general shocking almost everywhere right jumping back to natural gas so 256,4 we're sitting about 254 little bit of movement we got that kind of initial thrust sitting at 256,6 I just want to let you know it's always interesting with these bonds especially on a day like today man checking out the yield and the chart talk about some action right so on that 830 ECB you go from 172 down to looked like we were going to retrace 166 yeah 166 and back above where we were at before the ECB came out just crazy it really is so we had a question profitable you know yeah they said how are they going to do the delivery and be profitable right well that's assuming they care about being profitable yeah a little bit exactly and you know with Tommy I was just talking at the break folks okay we were really looking and saying I was saying and he was saying yes at the same time like give it 24 hours and I suspect that Amazon they said it's space I was just going to smack them right down came out and said free for prime members match me there right but you may and I said you know even if you don't go to Walmart I was excited to see that because Amazon's going to have to compete targets going to have to compete that's a really affordable price that's going to benefit the consumers overall when these companies because it should not be you still got to pay 180 so they should be able to pay less and I'm sure they're having that discussion I wonder let's look at Costco and stuff because you know this is where this gets into you know like the the Costco's of the world I mean you know you're talking about big box too but you're also talking about like some of the items that you buy and if you want big bags you're going to pay prices for those things right it's not hurting the stock though can you go closer afterwards I just want to see if how that reacted this morning as in for 15 minute maybe or 5 minute yeah no not really huge reaction I mean you did get a pop on the open from nothing I mean we're up to $2 $3 above that we're going to talk about when Costco makes is off of mostly the membership fees so the membership fees folks in revenue at Costco is 3.1 billion a year they take $138 billion yeah but look at the growth they're still growing by 6% that's amazing yeah that's a big number man what are they making $7 they're about to make $8 call it this year how many shares about $440 million see that's not many which is pretty cool this is my guy so you take I mean let's peg the exact number because I believe it comes right out to their membership fees is their profit come on calculator load for me there we go because if you do the 440 we'll pull it over here because it's simple math right times let's just say $8 $3.5 billion and you can see that when we just went over there we'll figure that out well you have earnings per share I got it how many shares that's their earnings and I just use $8 ballpark no I'm with you but that's how you figure the membership fees interesting I had already known this because it's a cool fact when you hear about it when you say geez if you're just making that money then I almost feel much better as a consumer no one you're not making a dime no matter how much I spend in there because the only real margin is for people the only thing you're making in the bottom line is my monthly membership fee and everything else is basically at your cost that's a cool that is yeah and to be fair though what did we just do the number came in at like 3.5 billion so they're making memberships plus 10% there right but that's nothing it is no it's a good value that's intriguing they should do an ad like that the only thing that they should it would probably be too tough for love it hit me in terms of being great value it doesn't even need to make money they can do it just at cost and get you into their system and they're probably happy adding what was it $138 billion of revenue yes they'll take that revenue without profit and put you into their system wow right oil let's go take a look at that oil market out here so oil's been moving around oh my god look at the size of this oil move so let's see yeah and even yesterday we were above 58 to touching 54 exactly and you come off that Hollywood volume let's say you know we did big contract volume they $859,000 we know and you know to be fair to the move there's big news let's talk about Trump possibly extending $15 billion in credit line to the Iranians to come back to the table national security advisor that was staunchly against that basically getting fired whether he was resigned or not so some news it might reverberate yeah and you know when we did that bottom line folks is that we're in the lower range now I mean you broke that trend on the way up from August 7 so that does put 50 bucks 50-50 on the line once again you know we'll see how that baby shakes out but it's just amazing how much energy we actually have you know yeah there's a lot of energy all over the place here how about Apple can we take a look because Apple is kind of still you get a little delayed to action coming off the heels of yesterday's move I mean you go back to where we were coming right before they announced their Apple TV in terms of on Tuesday and you had a bar that one day prior to that nope just the beginning of the run I mean you were down at 211 for the lower that day we're sitting at 225 talking about $14 from middle Apple TV the market like in that continuing to like it and then okay so that's the the all time high is 233 and we're sitting at two yeah that's it yeah so that's that's quite a consolidation the low 142 oh man the high 233 $90 consolidation on a $230 number definitely yeah well we've now um stay right there folks Tommy and I coming right back our phone number is 877-927-6648 we have the dial and that shows up 122 now it's like a 58 S&P's up 14 come 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 trade that we tigers and tigers share if you're looking to be one of the best of the best of the best I'm Steve Rhodes author of Mastering Probability 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 best and what I do sign up for Mastering Probability today by clicking on the newsletter tab on the homepage of TFNN.com and getting 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 if you're a trader in the market looking for exposure to gold or gold and the 10 year treasury is hovering at around 1.5% Tom O'Brien has been writing his weekly gold report for almost 18 years there's no one that knows more about how the gold market trades and how gold mining equities react new subscribers get a 30 day money back guarantee so you have nothing to lose every Monday morning Tom publishes his weekly gold report with coverage of gold, silver, bonds the XAU HUI as of September 3 gold report subscribers have 5 active open positions with an average unrealized profit of almost 38% for each position to see for yourself the types of profitable trades that are recommended within the gold report sign up today by visiting TFNN.com since 1984 Basil Chapman has been using the Chapman Wave methodology to advise traders of his expert market opinion while originally hand drawing charts from the late 70s into the 1980s Basil noticed that prices under most circumstances virtually always had a certain number of legs to the upside before declining sharply later Basil found that 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 the market day with his opening call newsletter right now you can get a two week free trial to the opening call Basil'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 Basil's newsletter the opening call today by visiting TFNN.com this segment is brought to you by Think or Swim Blank folks in the market is up and down 20 in this case the S&Ps are down 20 don't miss a minute in this market man we try and find the headline there it is White House not considering an interim China deal CNBC and they actually have the quote phrase in the den absolutely not so it seems like it was a strong repudiation and yeah to jump over to where we are in the markets now only up 3 and I believe we still have the chart back here in terms of the indices is that it there it is S&P look at that pullback so boom we just go from 3,018 to 3,003 15 points which is half a percent shaved off in an instant and to see how that is hitting even the bonds we now get the 10 year positive 1 tick 30 year positive by 3 and gold catching a bit as well of 17 bucks next Wednesday night I'm going to be doing a workshop for my subscribers really easy to come into just come over to our website at TFNN on the featured content you're going to see the gold report and bottom line is that the workshop in general is going to be okay next leg up in gold 1794 find out why pretty cool we'll see what happens man you got some cool charts up there that you're going to be looking at you've already been looking at this yesterday six days from right now and when you do sign up you gain instant access to all those archives 30 day money back guarantee you think gold's been moving at all recently and I know you closed out some great positions congrats on those over the last week man for that run and you know fundamentally it's going to be a technical and fundamental webinar folks but fundamentally the bottom line is that the ECB said it all today it is going to happen no doubt stay right there folks good I'm man man man man man man man man man man man man man man man man man man man man man man