 TfNN, Headline News Update. Hi everyone, Basel Chapman here. This is the 11 o'clock tiger financial news network market update and we got the Dow, which was up very sharply. Took a dive, we're negative, but now it's up 36 points and it's like a program trade right there. I just need to type this in and I'll tell you right now the Dow is, there it is, the Dow is up 36 points at 34,089. The S&P is up 13 points and this is the 11 o'clock tiger financial news network market update. It's up 13 points at 45.11, QQQ, NDX100 is up $1.37 at 376, the IWM, the Russell 2000, oh that's a very nice move, up 81 cents at 189, gold had a really strong, earlier it was weak, it had a strong move up, it's stalling right at the 200-period moving average, it's up 9 at 1974, really good move from the 19 teens to where we are right now. Looking at, I'll just do that quickly because Tom's got his gold webinar this afternoon, check it out, up 0.06 at 25, 25, looking at crude oil, holding quite well actually, it's up 12 cents at 81.28 and the TLT, that's bonds, bonds are down 21.6 at 96.09 and that's just suggesting that yields are attempting to start to come down. The weekly charts really says, no those yields are not ready to really sharply move down because the TLT looks like the weight of the downside move says, yeah you could bounce but it's going to have to do some retesting, we'll see if that happens. So within that context I wanted to just point out that the VIX index has dropped very sharply and anytime between now and maybe Tuesday of this coming week if the volatility index instead of being in the 1470 bounces and goes towards the 16.80, 17.30 level and actually closes there at any session, that'll start another decline in the general market but right now they're still buying coming in and also you've got end of the month, then beginning of the month so you've got a little bit of time here. So we're going to be looking at what happens on the closed Friday for those weekly charts and the monthly charts will have wrapped up August, that's going to be really important. Have a great day and if the Dow is up over 60 points after two o'clock that's going to be good. If it's down again negative that'll say a little bit of weakness coming in. Have a great rest of the day and don't forget Tom's webinar coming up at four o'clock. Thanks for being here.